TVEX
Open bankruptcyA bankruptcy procedure is open for TVEX according to publications in the Belgian State Gazette; curator: CHRISTINE DE RIDDER.
Summary
Inactive; last annual accounts for fiscal year 2018.
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 Brussels
- Declared bankrupt
- 20 February 2024
- Supervising judge
- Wouter Delcourt
- Official Gazette
- 03-04-2024 (pdf) ↗search the document for 2024/113707
Deadlines
- Provisional date payments stopped
- 20 February 2024A later judgment can change the date.art. XX.105 CEL
- File the claim in RegSol until
- passed on 21 March 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 27 March 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Appeal or third-party opposition until
- passed on 18 April 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- Late claim until
- passed on 20 February 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Christine De RidderZavelstraat 13, 1000 Brussel 1c.deridder@mileslegal.eu
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.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
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.Creditor guide for this company
What stands out
Overview
Open bankruptcy: no scoreAccounts 2253 d overdue0 of 2 deeds readActivity not knownTurnover not published (abridged schema)
Signals- Open bankruptcyNo filing for yearsFiled after the deadlineShow the evidence
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 6 filingsPosition against the passed deadline
31-12-2019 close31-07-2020 deadline01-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 30-09-2019, 61 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 · 6 filingsDeviation from the deadline
2021
not filed
2020
not filed
2019
not filed
2018
61 d late
2017
245 d late
2016
32 d early
2015
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 76 days after the deadline; the Belgian median for financial year 2021 is 3 days before the deadline, and 44% of all filings were late.
Checked, nothing found (1)
- OpeningOndernemingsrechtbank Brussel · event 20-02-2024
- Judicial dissolution and immediate closureOndernemingsrechtbank Brussel · event 07-07-2023
- Annual accounts filedfiscal year 2018 · micro…
Financials
Fiscal year 2018Total assets €262,814Profit €35,027Solvency 9.3%Liquidity 0.78
Total assets
€262,814
2018
Net result
€35,027
2018
Equity
€24,374
2018
Staff (FTE)
0.3
2018
Financials · fiscal year 2018, micro schema
Trend over the years
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Balance-sheet composition
Assets €262,814
Fixed assets
€144,119
Current assets
€118,695
Equity and liabilities €262,814
Equity
€24,374
Debt
€238,440
Debt finances 90.7% of the balance-sheet total.
Key figures and ratios
Key figures and ratios
EBITDA
€73,160
Cash flow
€64,206
Current ratio
0.78
Debt to equity
3.54
ROE
143.7%
ROA
13.3%
Debt ≤ 1 year
€152,197
Debt > 1 year
€86,243
Income taxes
€1,482
Filed annual accounts
Annual accounts
| Line | 2018 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29,179 |
| Gross operating margin9900 | €97,031 |
| Operating profit (loss)9901 | €43,981 |
| Recurring financial charges65 | €7,472 |
| Profit (loss) for the period before taxes9903 | €36,509 |
| Income taxes67/77 | €1,482 |
| Profit (loss) for the period9904 | €35,027 |
| Profit (loss) for the period to be appropriated9905 | €35,027 |
| Line | 2018 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €262,814 | |
| Fixed assets21/28 | €144,119 | |
| Tangible fixed assets22/27 | €140,119 | |
| Financial fixed assets28 | €4,000 | |
| Current assets29/58 | €118,695 | |
| Amounts receivable within one year40/41 | €115,571 | |
| Cash at bank and in hand54/58 | €1,460 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €262,814 | |
| Equity10/15 | €24,374 | |
| Contributions10/11 | €25,000 | |
| Profit (loss) carried forward14 | -€626 | |
| Amounts payable17/49 | €238,440 | |
| Amounts payable after more than one year17 | €86,243 | |
| Amounts payable within one year42/48 | €152,197 | |
| Trade debts44 | €47,286 | |
| Line | 2018 |
|---|---|
| Profit (loss) for the period9904 | €35,027 |
| + Depreciation and write-downs630 | €29,179 |
| Operating cash flow (approximation) | €64,206 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Board & ownership
Directors
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTINE DE RIDDER Zavelstraat 13, 1000 Brussel 1 |
20-02-2024 → present |
Timeline
8 eventsLatest 03-04-2024
History
Acts, filings and financial milestones
2024
03-04
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 20-02-2024
2023
12-07
Bankruptcy
Judicial dissolution and immediate closure
Ondernemingsrechtbank Brussel · event 07-07-2023
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
02-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 245 days late
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
2015
22-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
15-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalNBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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