VAN THILLO & PARTNERS
InactiveVAN THILLO & PARTNERS was declared bankrupt on 13-04-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 22-10-2024, published in the Belgian State Gazette on 28-10-2024.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 6 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline25-09-2026 today
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 30-07-2021, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
1 d early
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€11k
2019 · €-280k
2018: €-123k
2019: €-280k▼ -128% vs 2018lowest in 3 years
2020: €11k▲ +104% vs 2019highest in 3 years
2018 → 2020
Total assets
€135k▼ 71.4%
2019 · €471k
2018: €621khighest in 3 years
2019: €471k▼ -24.1% vs 2018
2020: €135k▼ -71.4% vs 2019lowest in 3 years
2018 → 2020
Net result
€291k
2019 · €-158k
2018: €-188klowest in 3 years
2019: €-158k▲ +16.3% vs 2018
2020: €291k▲ +285% vs 2019highest in 3 years
2018 → 2020
Working capital
€-44k▲ 87.6%
2019 · €-352k
2018: €-440klowest in 3 years
2019: €-352k▲ +20.0% vs 2018
2020: €-44k▲ +87.6% vs 2019highest in 3 years
2018 → 2020
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€-123k-€-280k▼ 128%€11k
2018: €-123k
2019: €-280k▼ -128% vs 2018lowest in 3 years
2020: €11k▲ +104% vs 2019highest in 3 years
Operating result€-173k-€-154k▲ 11.0%€292k
2018: €-173klowest in 3 years
2019: €-154k▲ +11.0% vs 2018
2020: €292k▲ +289% vs 2019highest in 3 years
Net result€-188k-€-158k▲ 16.3%€291k
2018: €-188klowest in 3 years
2019: €-158k▲ +16.3% vs 2018
2020: €291k▲ +285% vs 2019highest in 3 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2020: €292k after a loss of €154k in 2019, the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €135k
Fixed assets
€68k ▼ 66.0%
Current assets
€67k ▼ 75.4%
Equity and liabilities €135k
Equity
€11k
Debt
€124k
Debt finances 92.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€329k▲
2019 · €-109k
Cash flow
€328k▲
2019 · €-112k
Current ratio
0.61▲
2019 · 0.44
Debt to equity
1.22▲
2019 · -0.12
ROA
216.2%▲
2019 · -33.4%
Debt ≤ 1 year
€111k▼
2019 · €624k
Debt > 1 year
€13k▼
2019 · €34k
A ratio outside any meaningful range has been withheld (balance sheet total €135k, equity €11k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 24 lines
Balance sheet
Code20192020
Assets
Total assets20/58€471k€135k▼
Fixed assets21/28€199k€68k▼
Tangible fixed assets22/27€193k€62k▼
Financial fixed assets28€6k€6k=
Current assets29/58€272k€67k▼
Amounts receivable within one year40/41€253k€53k▼
Cash at bank and in hand54/58€10k€11k▲
Equity and liabilities
Total equity and liabilities10/49€471k€135k▼
Equity10/15€-280k€11k▲
Contributions10/11€19k-
Reserves13€2k€2k=
Profit (loss) carried forward14€-301k€-10k▲
Amounts payable17/49€751k€124k▼
Amounts payable after more than one year17€34k€13k▼
Amounts payable within one year42/48€624k€111k▼
Trade debts44€155k€17k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€37k▼
Gross operating margin9900€221k€519k▲
Operating profit (loss)9901€-154k€292k▲
Recurring financial income75€4k€6k▲
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€-158k€291k▲
Profit (loss) for the period9904€-158k€291k▲
Profit (loss) for the period to be appropriated9905€-158k€291k▲
Accounts by statement
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34k | €45k | €37k | ▼ 18.8% |
| Gross operating margin9900 | €205k | €221k | €519k | ▲ 135% |
| Operating profit (loss)9901 | €-173k | €-154k | €292k | ▲ 289% |
| Recurring financial income75 | €1k | €4k | €6k | ▲ 40.5% |
| Recurring financial charges65 | €16k | €8k | €7k | ▼ 4.8% |
| Profit (loss) for the period before taxes9903 | €-188k | €-158k | €291k | ▲ 285% |
| Profit (loss) for the period9904 | €-188k | €-158k | €291k | ▲ 285% |
| Profit (loss) for the period to be appropriated9905 | €-188k | €-158k | €291k | ▲ 285% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €621k | €471k | €135k | ▼ 71.4% |
| Fixed assets21/28 | €376k | €199k | €68k | ▼ 66.0% |
| Tangible fixed assets22/27 | €375k | €193k | €62k | ▼ 67.9% |
| Financial fixed assets28 | €500 | €6k | €6k | = |
| Current assets29/58 | €245k | €272k | €67k | ▼ 75.4% |
| Amounts receivable within one year40/41 | €210k | €253k | €53k | ▼ 79.0% |
| Cash at bank and in hand54/58 | €28k | €10k | €11k | ▲ 13.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €621k | €471k | €135k | ▼ 71.4% |
| Equity10/15 | €-123k | €-280k | €11k | ▲ 104% |
| Contributions10/11 | €19k | €19k | - | - |
| Reserves13 | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-143k | €-301k | €-10k | ▲ 96.7% |
| Amounts payable17/49 | €743k | €751k | €124k | ▼ 83.5% |
| Amounts payable after more than one year17 | €59k | €34k | €13k | ▼ 61.0% |
| Amounts payable within one year42/48 | €685k | €624k | €111k | ▼ 82.3% |
| Trade debts44 | €433k | €155k | €17k | ▼ 89.0% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-188k | €-158k | €291k | ▲ 285% |
| + Depreciation and write-downs630 | €34k | €45k | €37k | ▼ 18.8% |
| Operating cash flow (approximation) | €-154k | €-112k | €328k | ▲ 392% |
| Investment in fixed assets (approximation) | - | €132k | €94k | ▼ 28.4% |
| Change in cash | - | €-18k | €1k | ▲ 108% |
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
2024
28-10
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 22-10-2024
2023
19-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 13-04-2023
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €291k
Net result €291k after 2 loss-making years.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | ZOUTLEEUWSTRAAT 52 3404 ATTENHOVEN | 22-10-2024 → 22-10-2024 |
| Curator | NATHALIE TAEYMANS CUYLITSSTRAAT 48,
2018 ANTWERPEN 1 |
13-04-2023 → 22-10-2024 |