OPENING OF BANKRUPTCY

TITOF

Financial year 2023 · closed on 31/12/2023
Net result
-43,3 k €
-284.2% YoY
Gross margin
19,7 k €
-66.8% YoY
Equity
-95,5 k €
-82.8% YoY
Workforce
1,0 ETP

Company — Opening of bankruptcy.

Strike-off: 28 mai 2026

What does TITOF do?

TITOF is a Private limited company incorporated in 1991. It employs on average 1,0 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0444.624.343
Incorporation
08/07/1991
Legal form
Private limited company
Contributed capital
55 800,00 €
Latest accounts
31/12/2023
Average workforce
1,0 ETP
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202320222021
Income statement
Gross margin19,7 k €59,5 k €800,2 €
EBITDA-36,4 k €24,6 k €-491,4 €
Operating result-41,7 k €24,6 k €-491,4 €
Net result-43,3 k €23,5 k €-442,7 €
Balance sheet
Equity-95,5 k €-52,2 k €-75,7 k €
Total assets37 k €45,3 k €341,4 €
Cash12,7 €341,4 €
Debts132,5 k €97,5 k €76,1 k €
Other
Workforce1,0 ETP
Governance

Board of directors

Seen on filing of 31/12/2023 · 2 active · 3 ended

Active mandates

Antoine Zegers

Mandate

Active
Christophe Beernaert

Mandate

Active

Ended mandates

Antoine Zegers

Director · since 22 mars 2022

Ended
Christophe Beernaert

Director

Ended
Martine Deplechin

Director · until 22 mars 2022

Ended
Annual accounts

Full financial information

202320222021
Type of accountAbridged modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/2021
Closing of the financial year31/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months
Filing date28/06/202431/07/202306/07/2022
General meeting27/06/202429/06/202330/06/2022
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202327/06/202428/06/2024DutchPDF
Micro model31/12/202229/06/202331/07/2023DutchPDF
Micro model31/12/202130/06/202206/07/2022DutchPDF
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 31/12/2023 · 2 active · 3 ended

Active mandates

Antoine Zegers

Mandate

Active
Christophe Beernaert

Mandate

Active

Ended mandates

Antoine Zegers

Director · since 22 mars 2022

Ended
Christophe Beernaert

Director

Ended
Martine Deplechin

Director · until 22 mars 2022

Ended
Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

Timeline

  1. 2023
    Annual accounts 2023-43,3 k €
  2. 2022
    Annual accounts 202223,5 k €
  3. 2021
    Annual accounts 2021-442,7 €
  4. 08/07/1991
    IncorporationPrivate limited company