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TUZZE

Bankruptcy
Private limited company (pre-2019)founded 2000Halve Reningestraat(Oost) 1, 8640 Vleteren, BelgiumKBO/BCE: BE 0470.134.650
Summary

The KBO register records for TUZZE the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €18,258 and a net result of -€4,011.

Are you a creditor?

Open bankruptcy Source: KBO register

The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.

The procedure

The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 22-02-2021, 159 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
159 d early
2019
123 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 141 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 3 February 2000, TUZZE was incorporated.1 Total assets went from EUR 484,060 in 2018 to EUR 448,451 in 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2020, micro schema

Equity
€18,258▼ 18.0%
2019 · €22,269
Total assets
€448,451▼ 8.6%
2019 · €490,526
Net result
-€4,011▲ 55.1%
2019 · -€8,935
Working capital
-€34,222▲ 32.7%
2019 · -€50,881
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
Line201820192020
Operating result-€6,023--€1,178▲ 80.4%€2,997
Net result-€13,531--€8,935▲ 34.0%-€4,011▲ 55.1%
Equity€31,204-€22,269▼ 28.6%€18,258▼ 18.0%
Total assets€484,060-€490,526▲ 1.3%€448,451▼ 8.6%
Debt€452,855-€468,257▲ 3.4%€430,194▼ 8.1%
Working capital-€33,432--€50,881▼ 52.2%-€34,222▲ 32.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0€5,000Operating result 2018: -€6,023-€6,023Net result 2018: -€13,531-€13,531Operating result 2019: -€1,178-€1,178Net result 2019: -€8,935-€8,935Operating result 2020: €2,997€2,997Net result 2020: -€4,011-€4,011201820192020-€15,000-€10,000-€5,000€0€5,000Operating result 2018: -€6,023-€6,020Net result 2018: -€13,531-€13,500Operating result 2019: -€1,178-€1,180Net result 2019: -€8,935-€8,940Operating result 2020: €2,997€3,000Net result 2020: -€4,011-€4,010201820192020
The operating result returns to profit in 2020: €2,997 after a loss of €1,178 in 2019, the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €448,451
Fixed assets €436,697 ▼ 6.9%
Current assets €11,754 ▼ 45.3%
Equity and liabilities €448,451
Equity €18,258 ▼ 18.0%
Debt €430,194 ▼ 8.1%
Debt's share of the balance-sheet total rises from 95.5% to 95.9%. Equity and debt are lower.
Key figures and ratios
2020 value · change against 2019
EBITDA
€35,329▲
2019 · €30,637
Cash flow
€28,321▲
2019 · €22,879
Current ratio
0.26▼
2019 · 0.30
Debt to equity
21.04▲
2019 · 17.78
ROE
-22.0%▲
2019 · -40.1%
ROA
-0.9%▲
2019 · -1.8%
Debt ≤ 1 year
€45,976▼
2019 · €72,378
Debt > 1 year
€384,218▼
2019 · €395,879
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 23 lines
Balance sheet Code20192020
Assets
Total assets20/58€490,526€448,451▼
Fixed assets21/28€469,029€436,697▼
Tangible fixed assets22/27€469,029€436,697▼
Current assets29/58€21,497€11,754▼
Amounts receivable within one year40/41€615€420▼
Cash at bank and in hand54/58€6,659-
Equity and liabilities
Total equity and liabilities10/49€490,526€448,451▼
Equity10/15€22,269€18,258▼
Contributions10/11€62,000-
Reserves13€11,200€11,200=
Profit (loss) carried forward14-€50,931-€54,942▼
Amounts payable17/49€468,257€430,194▼
Amounts payable after more than one year17€395,879€384,218▼
Amounts payable within one year42/48€72,378€45,976▼
Trade debts44€23,815€10,387▼
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31,815€32,332▲
Gross operating margin9900€33,210€38,944▲
Operating profit (loss)9901-€1,178€2,997▲
Recurring financial income75€0€163▲
Recurring financial charges65€7,758€7,171▼
Profit (loss) for the period before taxes9903-€8,935-€4,011▲
Profit (loss) for the period9904-€8,935-€4,011▲
Profit (loss) for the period to be appropriated9905-€8,935-€4,011▲
Line201820192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,226€31,815€32,332▲ 1.6%
Gross operating margin9900€25,869€33,210€38,944▲ 17.3%
Operating profit (loss)9901-€6,023-€1,178€2,997▲ 354%
Recurring financial income75€1€0€163▲ 77,529%
Recurring financial charges65€7,509€7,758€7,171▼ 7.6%
Profit (loss) for the period before taxes9903-€13,531-€8,935-€4,011▲ 55.1%
Profit (loss) for the period9904-€13,531-€8,935-€4,011▲ 55.1%
Profit (loss) for the period to be appropriated9905-€13,531-€8,935-€4,011▲ 55.1%
Line201820192020Change
Assets
Total assets20/58€484,060€490,526€448,451▼ 8.6%
Fixed assets21/28€475,944€469,029€436,697▼ 6.9%
Tangible fixed assets22/27€475,944€469,029€436,697▼ 6.9%
Current assets29/58€8,115€21,497€11,754▼ 45.3%
Amounts receivable within one year40/41€563€615€420▼ 31.6%
Cash at bank and in hand54/58€2,946€6,659--
Equity and liabilities
Total equity and liabilities10/49€484,060€490,526€448,451▼ 8.6%
Equity10/15€31,204€22,269€18,258▼ 18.0%
Contributions10/11€62,000€62,000--
Reserves13€11,200€11,200€11,200=
Profit (loss) carried forward14-€41,996-€50,931-€54,942▼ 7.9%
Amounts payable17/49€452,855€468,257€430,194▼ 8.1%
Amounts payable after more than one year17€409,309€395,879€384,218▼ 2.9%
Amounts payable within one year42/48€41,547€72,378€45,976▼ 36.5%
Trade debts44€6,557€23,815€10,387▼ 56.4%
Line201820192020Change
Profit (loss) for the period9904-€13,531-€8,935-€4,011▲ 55.1%
+ Depreciation and write-downs630€29,226€31,815€32,332▲ 1.6%
Operating cash flow (approximation)€15,695€22,879€28,321▲ 23.8%
Investment in fixed assets (approximation)--€24,899€0▲ 100%
Change in cash-€3,714--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2021
22-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
27-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
18-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
20-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
27-05
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
22-04
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
23-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 23 days late
2012
21-02
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
NBB filing
0 of 4 acts read
About the unread acts

We know of 4 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 Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Vleteren · 1 establishment unit since 2000
seat establishment The establishment unit on the map
Ground area
3,609 m²
Parcel 33018A0704/00T000, Flanders. Linked by address, not a title deed.
1 establishment unit
Tuzze
Halve Reningestraat(Oost) 1, 8640 VleterenSupport activities for animal production
since 20002.115.721.339
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33018A0704/00T000 Flanders 3,609 m² - -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,586 companies in sector 01620 we hold annual accounts for 219. 129 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded03-02-2000
Fiscal year end31-12
Activities, NACEBEL 2025
01620Support activities for animal production
93199Other sports activities
93299Other amusement and recreation activities
96995Pet boarding

Scores and ratios are computed by Checked and are not a credit decision.