TUBA
Open bankruptcyA bankruptcy procedure is open for TUBA according to publications in the Belgian State Gazette; curator: TOM DEGEETER.
Summary
The 2019 annual accounts show equity of €105,270 and a net result of €6,503.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Antwerp division
- Declared bankrupt
- 7 October 2021
- Supervising judge
- Jean-Pierre Vandendries
- Official Gazette
- 13-10-2021 (pdf) ↗search the document for 2021/135109
Curator
- Tom DegeeterBouwensstraat 21, 2140 Borger- Hout (Antwerpen)tom.degeeter@tillid.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 03-09-2020, 34 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
34 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its 2019 accounts 34 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2019, micro schema
Equity
€105,270▲ 6.6%
2018 · €98,767
Total assets
€467,832▲ 3.2%
2018 · €453,222
Net result
€6,503▼ 23.2%
2018 · €8,468
Working capital
€104,160▼ 2.1%
2018 · €106,436
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019
Operating result€20,659-€25,148▲ 21.7%
Net result€8,468-€6,503▼ 23.2%
Equity€98,767-€105,270▲ 6.6%
Total assets€453,222-€467,832▲ 3.2%
Debt€354,455-€362,562▲ 2.3%
Working capital€106,436-€104,160▼ 2.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2019; 2019 is 22% above 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €467,832
Fixed assets
€15,121 ▼ 19.0%
Current assets
€452,711 ▲ 4.2%
Equity and liabilities €467,832
Equity
€105,270 ▲ 6.6%
Debt
€362,562 ▲ 2.3%
Debt's share of the balance-sheet total falls from 78.2% to 77.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€28,704▲
2018 · €24,215
Cash flow
€10,059▼
2018 · €12,023
Current ratio
1.30▼
2018 · 1.32
Quick ratio
0.08▼
2018 · 0.12
Debt to equity
0.13▼
2018 · 0.27
ROE
6.2%▼
2018 · 8.6%
ROA
1.4%▼
2018 · 1.9%
Debt ≤ 1 year
€348,552▲
2018 · €328,109
Debt > 1 year
€14,010▼
2018 · €26,346
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,556 | €3,556 | = |
| Gross operating margin9900 | €63,678 | €83,009 | ▲ 30.4% |
| Operating profit (loss)9901 | €20,659 | €25,148 | ▲ 21.7% |
| Recurring financial income75 | €608 | €37 | ▼ 93.9% |
| Recurring financial charges65 | €12,800 | €18,682 | ▲ 46.0% |
| Profit (loss) for the period before taxes9903 | €8,468 | €6,503 | ▼ 23.2% |
| Income taxes67/77 | €0 | - | - |
| Profit (loss) for the period9904 | €8,468 | €6,503 | ▼ 23.2% |
| Profit (loss) for the period to be appropriated9905 | €8,468 | €6,503 | ▼ 23.2% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €453,222 | €467,832 | ▲ 3.2% |
| Formation expenses20 | €0 | - | - |
| Fixed assets21/28 | €18,676 | €15,121 | ▼ 19.0% |
| Intangible fixed assets21 | €7,950 | €6,360 | ▼ 20.0% |
| Tangible fixed assets22/27 | €10,329 | €8,364 | ▼ 19.0% |
| Financial fixed assets28 | €397 | €397 | = |
| Current assets29/58 | €434,545 | €452,711 | ▲ 4.2% |
| Stocks and contracts in progress3 | €393,661 | €425,279 | ▲ 8.0% |
| Amounts receivable within one year40/41 | €40,470 | €20,959 | ▼ 48.2% |
| Current investments50/53 | €0 | - | - |
| Cash at bank and in hand54/58 | €414 | €214 | ▼ 48.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €453,222 | €467,832 | ▲ 3.2% |
| Equity10/15 | €98,767 | €105,270 | ▲ 6.6% |
| Contributions10/11 | €118,592 | €118,592 | = |
| Reserves13 | €26,859 | €26,859 | = |
| Profit (loss) carried forward14 | -€46,684 | -€40,181 | ▲ 13.9% |
| Provisions and deferred taxes16 | €0 | - | - |
| Amounts payable17/49 | €354,455 | €362,562 | ▲ 2.3% |
| Amounts payable after more than one year17 | €26,346 | €14,010 | ▼ 46.8% |
| Amounts payable within one year42/48 | €328,109 | €348,552 | ▲ 6.2% |
| Trade debts44 | €17,897 | €25,776 | ▲ 44.0% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €8,468 | €6,503 | ▼ 23.2% |
| + Depreciation and write-downs630 | €3,556 | €3,556 | = |
| Operating cash flow (approximation) | €12,023 | €10,059 | ▼ 16.3% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€200 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2021
13-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 07-10-2021
2020
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
2019
31-12
Financial
Equity above €100,000Eq €105,270 ▲6.6%
2 profitable years in a row build equity to €105,270.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
03-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 3 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 28 days late
2014
17-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
30-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 30 days late
2012
30-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 30 days late
2011
22-07
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 2 establishment units since 2006
Ground area
301 m²
Building footprint
358 m²
Volume, LiDAR
7,484 m³
2 parcels, Brussels, Flanders · tallest building 27.7 m, ±8 floors. Linked by address, not a title deed.
2 establishment units
TUBA
since 20062.153.788.592
Moda Uomo
since 20142.239.503.237
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21802B0395/00P000 | Brussels | 187 m² | 1 · 286 m² | 27.7 m · 8 fl. |
| 11805E0205/00W006 | Flanders | 114 m² | 1 · 72 m² | 16.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | TOM DEGEETER BOUWENSSTRAAT 21, 2140 BORGER-
HOUT (ANTWERPEN) |
07-10-2021 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded17-03-1995
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.