Tilco
BankruptcySummary
The KBO register records for Tilco the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show negative equity (€-48k) and a net result of €-238k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 30-06-2021, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
31 d early
2019
6 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, abbreviated schema
Equity
€-48k
2019 · €191k
2018: €88k
2019: €191k
2018 → 2020
Total assets
€1.18M▼ 11.2%
2019 · €1.33M
2018: €1.07M
2019: €1.33M
2018 → 2020
Net result
€-238k
2019 · €38k
2018: €36k
2019: €38k
2018 → 2020
Working capital
€-280k▼ 16,642%
2019 · €-2k
2018: €-29k
2019: €-2k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€88k-€191k▲ 117%€-48k
Operating result€48k-€37k▼ 22.8%€-216k
Net result€36k-€38k▲ 5.6%€-238k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €216k after €37k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €1.18M
Fixed assets
€637k ▼ 2.7%
Current assets
€546k ▼ 19.5%
Key figures and ratios
EBITDA
€-84k▼
2019 · €135k
Cash flow
€-106k▼
2019 · €136k
Solvency
-4.0%▼
2019 · 14.3%
Current ratio
0.66▼
2019 · 1.00
Quick ratio
0.46▼
2019 · 0.70
Debt to equity
-7.49▼
2019 · 2.31
ROA
-20.2%▼
2019 · 2.8%
Debt
€1.23M▲
2019 · €1.14M
Debt ≤ 1 year
€825k▲
2019 · €679k
Debt > 1 year
€358k▼
2019 · €440k
Income taxes
€-220▼
2019 · €489
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 · 25 lines
Balance sheet
Code20192020
Assets
Total assets20/58€1.33M€1.18M▼
Fixed assets21/28€654k€637k▼
Tangible fixed assets22/27€654k€637k▼
Current assets29/58€678k€546k▼
Stocks and contracts in progress3€205k€167k▼
Amounts receivable within one year40/41€390k€200k▼
Cash at bank and in hand54/58€39k€85k▲
Equity and liabilities
Total equity and liabilities10/49€1.33M€1.18M▼
Equity10/15€191k€-48k▼
Contributions10/11€315k€315k=
Reserves13€25k€25k=
Profit (loss) carried forward14€-149k€-388k▼
Amounts payable17/49€1.14M€1.23M▲
Amounts payable after more than one year17€440k€358k▼
Amounts payable within one year42/48€679k€825k▲
Trade debts44€171k€343k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€98k€132k▲
Gross operating margin9900€1.29M€743k▼
Operating profit (loss)9901€37k€-216k▼
Recurring financial income75€2k-
Recurring financial charges65€13k€25k▲
Profit (loss) for the period before taxes9903€38k€-239k▼
Income taxes67/77€489€-220▼
Profit (loss) for the period9904€38k€-238k▼
Profit (loss) for the period to be appropriated9905€38k€-238k▼
Timeline · acts, filings and financial milestones
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-238k ▼732%
Net result drops to €-238k, the lowest in the series.
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 6 days late
2019
31-12
Financial
Highest result since 2018net €38k ▲5.6%
Net result €38k, the highest in the series.
31-12
Financial
Equity above €150kEq €191k ▲117%
2 profitable years in a row build equity to €191k.
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
10-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
31-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
30-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
28-06
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
11-06
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
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, Haacht · 1 establishment unit since 1984
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.
Kruineikestraat(TIL) 993150 HaachtGround area
5,643 m²
Building footprint
3,769 m²
Volume, LiDAR
16,803 m³
Parcel 24122B0152/00R002, Flanders · tallest building 8.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Kruineikestraat(TIL) 99, 3150 Haacht
since 19842.025.067.911
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24122B0152/00R002 | Flanders | 5,643 m² | 1 · 3,769 m² | 8.2 m · 1 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 3,986 companies in sector 25110 we hold annual accounts for 2,147. 1,662 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-06-1984
Fiscal year end31-12
Trade name NL
EMG Tilco
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.