OPENING OF BANKRUPTCY

Tilco

Financial year 2020 · closed on 31/12/2020
Net result
-238,5 k €
-732.1% YoY
Gross margin
742,6 k €
-42.6% YoY
Equity
-47,9 k €
-125.1% YoY
Workforce
21,3 ETP
-10.9% YoY

Company — Opening of bankruptcy.

What does Tilco do?

Tilco is a Public limited company incorporated in 1984. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Haacht. It employs on average 21,3 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0425.988.069
Incorporation
29/06/1984
Legal form
Public limited company
Registered office
Kruineikestraat(TIL) 99
3150 Haacht · FlandreSee on map
Contributed capital
315 000,00 €
Latest accounts
31/12/2020
Average workforce
21,3 ETP
Joint committees (2)
  • 111
  • 209
Contacts
3 public details availableLog in to view
Signals
Healthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 14 financial years

20202019201820172016201520142013201220112010200920082007
Income statement
Gross margin742,6 k €1,3 M €1,2 M €1 M €938,1 k €1,1 M €927,9 k €678,9 k €1,1 M €1,3 M €1,3 M €871,8 k €1,2 M €1,2 M €
EBITDA-84 k €135,1 k €104,8 k €86,4 k €55,8 k €125,9 k €-19,7 k €-266,5 k €105,6 k €229,2 k €205,2 k €-49 k €99,3 k €144,9 k €
Operating result-216,5 k €37 k €48 k €26,4 k €2,6 k €50,2 k €-96,4 k €-372,2 k €20,1 k €142,6 k €123,6 k €-154,9 k €6,2 k €53,7 k €
Net result-238,5 k €37,7 k €35,7 k €21,7 k €2,9 k €293,2 k €-144,9 k €-412,8 k €6,4 k €101,5 k €81,8 k €-30,3 k €-2 k €506,8 €
Balance sheet
Equity-47,9 k €190,6 k €87,9 k €52,1 k €30,4 k €27,5 k €-265,7 k €-120,7 k €292,1 k €285,7 k €283,9 k €285,9 k €316,2 k €318,2 k €
Total assets1,2 M €1,3 M €1,1 M €825,2 k €749,3 k €751,5 k €716,4 k €808,8 k €1,2 M €1,4 M €1,8 M €1,3 M €1,6 M €1,5 M €
Cash85,1 k €38,7 k €140,1 k €19,5 k €103,2 k €103,6 k €89,1 k €55,5 k €43,2 k €55,8 k €34 k €65,1 k €25,5 k €94,8 k €
Debts1,2 M €1,1 M €963 k €753,1 k €717,6 k €711 k €969,1 k €912,9 k €856,7 k €1,1 M €1,4 M €1 M €1,2 M €1,1 M €
Other
Workforce21,3 ETP23,9 ETP21,8 ETP20,6 ETP20,3 ETP21,1 ETP26,4 ETP26,3 ETP25,5 ETP26,9 ETP27,0 ETP25,8 ETP28,3 ETP29,4 ETP
Governance

Board of directors

Seen on filing of 31/12/2020 · 2 active · 18 ended

Active mandates

DB - Enterprises

Director · since 05 novembre 2019 · until 13 mai 2025 · 0447.528.603

Represented by Koenraad De Bruyne

Active
Mynos

Director · since 05 novembre 2019 · until 13 mai 2025 · 0733.893.387

Represented by Stijn Van Damme

Active

Ended mandates

DB - Enterprises

Managing director · since 09 mai 2017 · until 09 mai 2023 · 0447.528.603

Represented by Koenraad De Bruyne

Ended
Koenraad De Bruyne

Director · since 09 mai 2017 · until 09 mai 2023

Ended
DB - Enterprises

Managing director · since 30 juillet 2012 · until 09 mai 2017 · 0447.528.603

Represented by Koenraad DE BRUYNE

Ended
DB - Enterprises

Managing director · since 30 juillet 2012 · until 09 mai 2017 · 0447.528.603

Represented by Koenraad De Bruyne

Ended
Annual accounts

Full financial information

202020192018201720162015
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202001/01/201901/01/201801/01/201701/01/201601/01/2015
Closing of the financial year31/12/202031/12/201931/12/201831/12/201731/12/201631/12/2015
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/06/202106/08/202006/06/201924/05/201812/06/201710/06/2016
General meeting01/06/202112/05/202014/05/201908/05/201809/05/201724/05/2016
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202001/06/202130/06/2021DutchPDF
Abridged model31/12/201912/05/202006/08/2020DutchPDF
Abridged model31/12/201814/05/201906/06/2019DutchPDF
Abridged model31/12/201708/05/201824/05/2018DutchPDF
Abridged model31/12/201609/05/201712/06/2017DutchPDF
Abridged model31/12/201524/05/201610/06/2016DutchPDF
Abridged model31/12/201413/05/201531/07/2015DutchPDF
Abridged model31/12/201313/05/201430/07/2014DutchPDF
Abridged model31/12/201214/05/201328/06/2013DutchPDF
Abridged model31/12/201108/02/201211/06/2012DutchPDF
Abridged model31/12/201010/05/201116/06/2011DutchPDF
Abridged modelCorrection31/12/200911/05/201029/09/2010DutchPDF
Abridged model31/12/200911/05/201003/06/2010DutchPDF
Abridged model31/12/200812/05/200922/06/2009DutchPDF
Abridged model31/12/200713/05/200804/06/2008DutchPDF
Abridged model31/12/200608/05/200728/06/2007DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2020 · 2 active · 18 ended

Active mandates

DB - Enterprises

Director · since 05 novembre 2019 · until 13 mai 2025 · 0447.528.603

Represented by Koenraad De Bruyne

Active
Mynos

Director · since 05 novembre 2019 · until 13 mai 2025 · 0733.893.387

Represented by Stijn Van Damme

Active

Ended mandates

DB - Enterprises

Managing director · since 09 mai 2017 · until 09 mai 2023 · 0447.528.603

Represented by Koenraad De Bruyne

Ended
Koenraad De Bruyne

Director · since 09 mai 2017 · until 09 mai 2023

Ended
DB - Enterprises

Managing director · since 30 juillet 2012 · until 09 mai 2017 · 0447.528.603

Represented by Koenraad DE BRUYNE

Ended
DB - Enterprises

Managing director · since 30 juillet 2012 · until 09 mai 2017 · 0447.528.603

Represented by Koenraad De Bruyne

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares12/07/2021
    KAPITAAL - AANDELEN
    PDF
  • Mandates05/11/2019
    BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/06/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/09/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/04/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/08/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/01/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/09/2006
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2020
    Annual accounts 2020-238,5 k €
  2. 2019
    Annual accounts 201937,7 k €
  3. 2019
    Name changeTilco
  4. 2018
    Annual accounts 201835,7 k €
  5. 2017
    Annual accounts 201721,7 k €
  6. 2016
    Annual accounts 20162,9 k €
  7. 2015
    Annual accounts 2015293,2 k €
  8. 2014
    Annual accounts 2014-144,9 k €
  9. 2013
    Annual accounts 2013-412,8 k €
  10. 2012
    Annual accounts 20126,4 k €
  11. 2011
    Annual accounts 2011101,5 k €
  12. 2010
    Annual accounts 201081,8 k €
  13. 2009
    Annual accounts 2009-30,3 k €
  14. 2008
    Annual accounts 2008-2 k €
  15. 2007
    Annual accounts 2007506,8 €
  16. 2007
    Name changeEMG TILCO
  17. 29/06/1984
    IncorporationPublic limited company