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Thibaut

Active
Private limited company·Plaatsen van vloer- en wandtegels· 15 yrs active
Open bankruptcy
KBO/BCE: BE 0836.503.848
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Age15 yrs

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for Thibaut according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €28k and a net result of €8k.

Based on the State Gazette, CBE and 3 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

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.

Insolvency timeline

1 events
14-04-2025
Bankruptcy Opening
Date: 08-04-2025 · Ondernemingsrechtbank Gent, afdeling Kortrijk · THIBAUT BV ADRES DOORGE- HAALD SINDS 28 JUNI 2023 PIJPLAP 112, 8560 WEVELGEM · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.

Trust signals

2 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.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

No administrative flags

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€8k-39.5%
Working capital€-843-946.2%
Directors1

Annual accounts & ratios

Source: NBB · 2022
Annual accounts filed on 02-11-2022 with the NBB · fiscal year 2022 · micro
€0€10k€20kOperating result 2020: €15k€15kNet result 2020: €2k€2kOperating result 2021: €23k€23kNet result 2021: €14k€14kOperating result 2022: €19k€19kNet result 2022: €8k€8k202020212022
Operating resultNet result
Sector comparison
Fiscal year 2022 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 36.3% 36.4%
better than 50% of 6533 sector peers
Net result €8k €12k
better than 41% of 6518 sector peers
Equity €28k €26k
better than 52% of 6539 sector peers
Gross operating margin €45k €32k
better than 60% of 6512 sector peers
Total assets €76k €86k
better than 46% of 6534 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P50
2020: P27 · n=16332021: P65 · n=35492022: P50 · n=65332020 2022
Improving position over 2020-2022 · n=1633-6533
Net result P41
2020: P61 · n=16262021: P54 · n=35402022: P41 · n=65182020 2022
Weakening position over 2020-2022 · n=1626-6518
Equity P52
2020: P18 · n=16352021: P42 · n=35522022: P52 · n=65392020 2022
Improving position over 2020-2022 · n=1635-6539
Gross operating margin P60
2020: P40 · n=16242021: P50 · n=35402022: P60 · n=65122020 2022
Improving position over 2020-2022 · n=1624-6512
Describes the position versus peers, not a forecast.
EBITDA
€29k
-3.7% 20-22
Net profit
€8k
-39.5% 20-22
Cash flow
€19k
-11.8% 20-22
Total assets
€76k
+83.3% 20-22
Equity
€28k
+37.6% 20-22
Working capital
€-843
-946.2% 20-22
Income taxes
€9k
+1.6% 20-22
Dividends
€808
-1.5% 20-22
Debt
€49k
+126.2% 20-22
Debt ≤ 1y
€29k
+57.3% 20-22
Debt > 1y
€19k
+578.3% 20-22
Current ratio
0.97
-2.5% 20-22
Quick ratio
0.97
-2.5% 20-22
Solvency
36.3%
-24.9% 20-22
Debt / equity
1.75
+1142.7% 20-22
ROE
30.2%
-56.0% 20-22
ROA
11.0%
-67.0% 20-22
Interest coverage
20.27
- 20-22
Figures by fiscal year
Fiscal year2022
Revenue-
EBITDA€29k
Net profit€8k
Cash flow€19k
Staff costs-
Income taxes€9k
Dividends€808
Total assets€76k
Equity€28k
Debt€49k
of which ≤ 1y€29k
of which > 1y€19k
Working capital€-843
Employees (FTE)-
Ratios (computed)
2022
Current ratio0.97
Quick ratio0.97
Working capital ratio-1.1%
Solvency36.3%
Debt / equity1.75
Long-term debt ratio0.69
Interest coverage20.27
Gross margin-
Net margin-
ROA11.0%
ROE30.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€76k
Fixed assets 21/28€48k
Tangible fixed assets 22/27€48k
Financial fixed assets 28€50
Current assets 29/58€28k
Amounts receivable within one year 40/41€17k
Cash & bank 54/58€8k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€76k
Equity 10/15€28k
Contributions / capital 10/11€6k
Reserves 13€22k
Accumulated profits (losses) 14€0
Amounts payable 17/49€49k
Amounts payable after one year 17€19k
Amounts payable within one year 42/48€29k
Trade debts payable within one year 44€1k
Income statement
Gross operating margin 9900€45k
Operating result 9901€19k
Financial income 75€637
Financial charges 65€1k
Result before taxes 9903€18k
Income taxes 67/77€9k
Net result for the period 9904€8k
Result to be appropriated 9905€8k
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2022 · computed
1 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

No directors on record

No directors or mandates are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator NATHALIE BEERNAERT
DAMMESTRAAT-WEST 6, 8800 ROESELARE
08-04-2025 → present Belgian State Gazette

Legal Structure

NACE primary Plaatsen van vloer- en wandtegels(43331)
Legal form Private limited company(610)
Incorporation16-04-2011
StatusActive
Postal code-
First BS signal 14-04-2025
Latest BS signal 14-04-2025

Structure & network

Company structure: linked entities

1 linked entity
ThibautBE 0836.503.848NATHALIE BEERNAERTReceiver
Mandates

Locations & real estate

Establishment units

1 location
Thibaut
Schoonwater 95, 8560 WevelgemHouwen, bewerken en afwerken van natuursteen
since 20112.202.732.814
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area311 m²
Buildings2
Building footprint173 m²
Volume (LiDAR)816 m³
Tallest building9.9 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.
34012C0596/00P000 Flanders 201 m² 1 · 64 m² 7.0 m · 1 fl.
34012C0231/00X002 Flanders 109 m² 1 · 109 m² 9.9 m · 1 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.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
14-04-2025
Bankruptcy Opening
Date: 08-04-2025 · Ondernemingsrechtbank Gent, afdeling Kortrijk · THIBAUT BV ADRES DOORGE- HAALD SINDS 28 JUNI 2023 PIJPLAP 112, 8560 WEVELGEM · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-04-14 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.

Analysis

Snowflake analysis

financial profile on 5 axes
Health1Profitability100Solvency56Growth78Stability0
47 / 100

Mixed profile: strong on profitability, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 1
Profitability 100
Solvency 56
Growth 78
Stability 0

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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Credit advice

verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Plaatsen van vloer- en wandtegels43331Plaatsen van vloer- en wandtegels43331
Primary activity highlighted.
Names & trade names
Legal nameNL Thibaut
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.