TYTBOUW
InactiveTYTBOUW was declared bankrupt on 07-01-2025 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 04-11-2025, published in the Belgian State Gazette on 12-11-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline30-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-09-2023, 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
61 d late
2021
92 d late
2020
61 d late
2019
100 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 79 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Financials · fiscal year 2022, micro schema
Turnover
€85,550▼ 18.2%
2018 · €104,575
EBIT margin
-18.2%▼ 20.5pp
2018 · 2.2%
Net result
€14,931
2021 · -€14,280
Working capital
€7,155
2021 · -€6,635
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
Line20182019202020212022
Turnover€104,575-€85,550▼ 18.2%
Operating result€2,323--€15,595€8,986-€14,122€15,146
Net result€2,323--€15,748€8,785-€14,280€14,931
EBIT margin2.2%--18.2%▼ 20.5pp
Equity€14,608--€1,140€7,645-€6,635€8,296
Total assets€42,472-€10,191▼ 76.0%€17,198▲ 68.8%€1,842▼ 89.3%€27,061▲ 1,369%
Debt€27,864-€11,331▼ 59.3%€9,553▼ 15.7%€8,477▼ 11.3%€18,765▲ 121%
Working capital€14,608--€1,140€7,645-€6,635€7,155
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €15,146 after a loss of €14,122 in 2021, the highest result in the available series.
Balance-sheet composition
Assets €27,061
Fixed assets
€1,141
Current assets
€25,920
Equity and liabilities €27,061
Equity
€8,296
Debt
€18,765
Debt finances 69.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€15,177
Cash flow
€14,962
Current ratio
1.38
Debt to equity
2.26
ROE
180.0%
ROA
55.2%
Interest coverage
70.58
Debt ≤ 1 year
€18,765▲
2021 · €8,477
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €104,575 | €85,550 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €31 | - |
| Other operating charges640/8 | - | - | - | €1,199 | €1,228 | ▲ 2.4% |
| Gross operating margin9900 | €3,318 | -€13,338 | €10,062 | -€12,923 | €16,405 | ▲ 227% |
| Operating profit (loss)9901 | €2,323 | -€15,595 | €8,986 | -€14,122 | €15,146 | ▲ 207% |
| Recurring financial income75 | €9 | €6 | - | - | - | - |
| Financial charges65/66B | - | - | - | €158 | €215 | ▲ 36.5% |
| Recurring financial charges65 | €9 | €159 | €201 | €158 | €215 | ▲ 36.5% |
| Profit (loss) for the period before taxes9903 | €2,323 | -€15,748 | €8,785 | -€14,280 | €14,931 | ▲ 205% |
| Profit (loss) for the period9904 | €2,323 | -€15,748 | €8,785 | -€14,280 | €14,931 | ▲ 205% |
| Profit (loss) for the period to be appropriated9905 | €2,323 | -€15,748 | €8,785 | -€14,280 | €14,931 | ▲ 205% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €42,472 | €10,191 | €17,198 | €1,842 | €27,061 | ▲ 1,369% |
| Fixed assets21/28 | - | - | - | - | €1,141 | - |
| Tangible fixed assets22/27 | - | - | - | - | €1,141 | - |
| Furniture and vehicles24 | - | - | - | - | €1,141 | - |
| Current assets29/58 | €42,472 | €10,191 | €17,198 | €1,842 | €25,920 | ▲ 1,307% |
| Amounts receivable within one year40/41 | €15,807 | €3,974 | €16,800 | €1,521 | €4,237 | ▲ 179% |
| Trade receivables40 | - | - | - | - | €2,687 | - |
| Other amounts receivable41 | - | - | - | €1,521 | €1,550 | ▲ 1.9% |
| Cash at bank and in hand54/58 | €18,647 | €6,217 | €398 | €321 | €21,682 | ▲ 6,652% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €42,472 | €10,191 | €17,198 | €1,842 | €27,061 | ▲ 1,369% |
| Equity10/15 | €14,608 | -€1,140 | €7,645 | -€6,635 | €8,296 | ▲ 225% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€5,852 | -€21,600 | -€12,815 | -€27,095 | -€12,164 | ▲ 55.1% |
| Amounts payable17/49 | €27,864 | €11,331 | €9,553 | €8,477 | €18,765 | ▲ 121% |
| Amounts payable within one year42/48 | €27,864 | €11,331 | €9,553 | €8,477 | €18,765 | ▲ 121% |
| Trade debts44 | €13,988 | €529 | - | - | €1,500 | - |
| Suppliers440/4 | - | - | - | - | €1,500 | - |
| Other amounts payable47/48 | - | - | - | €8,477 | €17,265 | ▲ 104% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,323 | -€15,748 | €8,785 | -€14,280 | €14,931 | ▲ 205% |
| + Depreciation and write-downs630 | - | - | - | - | €31 | - |
| Operating cash flow (approximation) | €2,323 | -€15,748 | €8,785 | -€14,280 | €14,962 | ▲ 205% |
| Change in cash | - | -€12,430 | -€5,819 | -€77 | €21,361 | ▲ 27,892% |
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
2025
12-11
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · event 04-11-2025
13-01
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 07-01-2025
2024
22-03
KBO administration
Address struck
Schaliestraat 54 9000 L’adresse du siège Schaliestraat 54 9000 Die Sitzadresse Schaliestraat 54 9000 Gent
Gent is doorgehaald met ingang van Gand · event 11-01-2024
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial
Back to profitnet €14,931
Net result €14,931 after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 1.38
Current ratio from 0.22 to 1.38.
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Back to profitnet €8,785
Net result €8,785 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.80
Current ratio from 0.90 to 1.80; short-term debt falls from €11,331 to €9,553.
08-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 100 days late
2019
31-12
Financial
Weakest financial yearnet -€15,748
Net result drops to -€15,748, the lowest in the series.
Show earlier events
29-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 60 days late
2018
11-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 42 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 61 days late
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 24 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2013
04-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 4 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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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Directors · office · real estate
Directors
7 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MAARTEN BENTEIN EDMOND TOLLENAERE-
STRAAT 56-76 B23, 1020 BRUSSEL 2- maart |
07-01-2025 → 04-11-2025 |
Identification & contact
Identification
Legal formBVBA
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.