Active BE 0431.887.154Public limited company

TEBELO

Hamiltonpark 20 ·8000 Brugge, Belgium· 38 yrs active

Conclusion Checked

The KBO register records legal situation 050 for TEBELO (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €158k and a net result of €-14k.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€158k
Net result	€-14k
Active	38 yrs
Locations	1

Financial profile 5 of 5 axes measured · computed by Checked

26 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 0

Solvency 74

Growth 55

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

0 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Trust signals 1 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2020 · computed

0 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2020 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 22-12-2020 with the NBB · fiscal year 2020 · verkort

Net result

Net profit

€-14k

0.0% 19-20

Total assets

€626k

0.0% 19-20

Equity

€158k

0.0% 19-20

Working capital

€231k

0.0% 19-20

Debt

€468k

0.0% 19-20

Debt ≤ 1y

€394k

0.0% 19-20

Debt > 1y

€74k

0.0% 19-20

Current ratio

1.59

0.0% 19-20

Show 5 other metrics

Quick ratio

0.45

0.0% 19-20

Solvency

25.2%

0.0% 19-20

Debt / equity

0.47

0.0% 19-20

ROE

-8.7%

0.0% 19-20

ROA

-2.2%

0.0% 19-20

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2020
Deposit	verkort
Revenue	-
EBITDA	-
Net profit	€-14k
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€626k
Equity	€158k
Debt	€468k
of which ≤ 1y	€394k
of which > 1y	€74k
Working capital	€231k
Employees (FTE)	-

Ratios (computed)

	2020
Current ratio	1.59
Quick ratio	0.45
Working capital ratio	37.0%
Solvency	25.2%
Debt / equity	0.47
Long-term debt ratio	0.47
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-2.2%
ROE	-8.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2020

Assets

Fixed assets €496 · 0.1% Current assets €625k · 99.9%

Equity & liabilities

Equity €158k · 25.2% Debt €468k · 74.8%

Full annual accounts (17 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2020
Balance sheet, Assets
TOTAL ASSETS	20/58	€626k
Fixed assets	21/28	€496
Financial fixed assets	28	€496
Current assets	29/58	€625k
Stocks & contracts in progress	3	€448k
Amounts receivable within one year	40/41	€177k
Cash & bank	54/58	€5
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€626k
Equity	10/15	€158k
Contributions / capital	10/11	€161k
Reserves	13	€10k
Accumulated profits (losses)	14	€-14k
Amounts payable	17/49	€468k
Amounts payable after one year	17	€74k
Amounts payable within one year	42/48	€394k
Trade debts payable within one year	44	€140k
Income statement
Result to be appropriated	9905	€-14k

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	-
Legal form	Public limited company(014)
Incorporation	01-09-1987
Status	Active
Postal code	8000

Establishment units 1 location

Zeedijk 350/3, 8430 Middelkerke

Personenvervoer door de lucht

since 20012.129.096.154

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31808M0464/00R003	Flanders	733 m²	1 · 98 m²	13.1 m · 3 fl.
35323D0595/00H040	Flanders	242 m²	1 · 197 m²	35.1 m · 10 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2020

22-12-2020