VAN TIFFANY'S
BankruptcyThe KBO register records for VAN TIFFANY'S the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show negative equity (€-41k) and a net result of €25k.
Signals
Two signals.
+raises risk○neutral
Financials · fiscal year 2021, micro schema
Turnover
€729k▼ 9.0%
2020 · €801k
2020: €801k
2020 → 2021
EBIT margin
5.0%▲ 18.3pp
2020 · -13.3%
2020: -13.3%
2020 → 2021
Net result
€25k
2020 · €-108k
2018: €9k
2019: €4k
2020: €-108k
2018 → 2021
Working capital
€-110k▲ 14.1%
2020 · €-128k
2018: €80k
2019: €206k
2020: €-128k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€801k€729k▼ 9.0%
Equity€38k-€42k▲ 10.5%€-67k€-41k▲ 38.1%
Operating result€10k-€13k▲ 29.3%€-107k€36k
Net result€9k-€4k▼ 53.8%€-108k€25k
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 2021: €36k after a loss of €107k in 2020, the highest year so far.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €1.32M
Fixed assets
€69k▲ 11.4%
Current assets
€1.25M▲ 60.6%
Key figures and ratios
EBITDA
€56k
Cash flow
€46k
Solvency
-3.1%▲
2020 · -7.9%
Current ratio
0.92▲
2020 · 0.86
Quick ratio
0.88▲
2020 · 0.86
Debt / equity
-32.98
ROE
-61.7%▼
2020 · 162.3%
ROA
1.9%▲
2020 · -12.9%
Interest coverage
98.59
Debt
€1.36M▲
2020 · €909k
Debt ≤ 1 year
€1.36M▲
2020 · €908k
Income taxes
€10k
Staff costs
€35k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€842k€1.32M▲
Fixed assets21/28€62k€69k▲
Tangible fixed assets22/27€62k€69k▲
Plant, machinery and equipment23-€8k
Furniture and vehicles24-€61k
Financial fixed assets28€50-
Current assets29/58€780k€1.25M▲
Stocks and contracts in progress3€684€54k▲
Stocks30/36-€684
Contracts in progress37-€53k
Amounts receivable within one year40/41€692k€1.19M▲
Trade receivables40-€1.15M
Other amounts receivable41-€46k
Cash at bank and in hand54/58€24k€5k▼
Equity and liabilities
Total equity and liabilities10/49€842k€1.32M▲
Equity10/15€-67k€-41k▲
Contributions10/11€19k€19k=
Capital10-€19k
Issued capital100-€19k
Reserves13€3k€3k=
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Distributable reserves133-€1k
Profit (loss) carried forward14€-89k€-63k▲
Amounts payable17/49€909k€1.36M▲
Amounts payable within one year42/48€908k€1.36M▲
Trade debts44€749k€1.35M▲
Suppliers440/4-€1.35M
Taxes, remuneration and social security45-€13k
Taxes450/3-€6k
Remuneration and social security454/9-€7k
Income statement
Code20202021
Turnover70€801k€729k▼
Goods, raw materials, services and sundry goods60/61-€639k
Remuneration, social security and pensions62-€35k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€20k
Other operating charges640/8-€3k
Gross operating margin9900€-103k€95k▲
Operating profit (loss)9901€-107k€36k▲
Financial charges65/66B-€572
Recurring financial charges65€2k€572▼
Profit (loss) for the period before taxes9903€-108k€36k▲
Income taxes67/77-€10k
Profit (loss) for the period9904€-108k€25k▲
Profit (loss) for the period to be appropriated9905€-108k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-63k
Profit (loss) brought forward from the previous period14P-€-89k
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 152 days late
09-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 193 days late
2021
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
2020
31-12
Financial
Weakest financial yearnet €-108k ▼2851%
Net result drops to €-108k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 4.30
Current ratio from 1.78 to 4.30; short-term debt falls from €102k to €62k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
22-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 83 days late
2017
06-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 37 days late
2016
14-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 45 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zaventem · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Leuvensesteenweg 5331930 ZaventemGround area
2,672 m²
Building footprint
443 m²
Volume, LiDAR
2,857 m³
Parcel 23772C0263/00A000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Van Tiffany's
since 20142.232.512.903
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23772C0263/00A000 | Flanders | 2,672 m² | 1 · 443 m² | 7.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 392 companies in sector 46839 we hold annual accounts for 249. 134 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-07-2014
Fiscal year end31-12
Activities, NACEBEL
46839Wholesale trade
43230Insulation installation
43291Specialised construction activities
43350Other building finishing work
43990Other specialised construction activities
43992Specialised construction activities
43999Specialised construction activities
47770Retail sale of watches and jewellery
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.