Bankrupt · Opening faillissement (CBE)

Technical Industrial Services

BE0731712075

Rechtspersoon Private limited company 1 establishment

Technical Industrial Services is a metalworking company in Antwerpen. Private Limited, started on 30 July 2019, 1 establishment.

Noorderlaan 147 box 9, 2030 Antwerpen

Behind the company: Quincy Tjan-Asem.

Start date

30 July 2019

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 1 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 49 % of short-term debt in 2023; threshold 65 %.

  • Busy address KBO

    57 other companies have their registered office at the same address; threshold 10.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

Technical Industrial Services from Antwerpen, company number BE0731712075, closed financial year 2023 with a result of € -287,146 after tax. For that financial year Technical Industrial Services recorded a gross margin of € 2.4 million and equity of € -227,702. Compared with financial year 2022, the result moved from € -21,219 to € -287,146. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2024.

What it is worth Caution

€ -227,702

▼ € 287,146 vs 2022

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -287,146

▼ 1253 % more loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 389

▼ € 77,432 vs 2022

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -252,702.

People and assets in 2023

Full-time equivalents

67.3

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 2.6 million

▼ 25% vs 2022

€ 38,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 8,788

▼ 22% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt

€ 3,437

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 38,613

▼ 82% vs 2022

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 748,138

▲ 9% vs 2022

Taxes, VAT and social contributions still to pay.

Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →

Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 1,231,613 € 3,543,639 € 2,442,679 ▼ 31%
Profit after taxes € 50,970 € -21,219 € -287,146 ▼ € 265,928
Equity € 80,663 € 59,444 € -227,702 ▼ € 287,146
Total debts € 227,196 € 932,643 € 796,762 ▼ 15%
Cash € 103,294 € 77,820 € 389 ▼ € 77,432
Retained profit € 55,663 € 34,444 € -252,702 ▼ € 287,146
Bank debt € 0 € 0 € 3,437
Balance sheet total € 307,859 € 992,087 € 569,061 ▼ 43%
Employees (FTE) - - 67.3

Key figures of Technical Industrial Services, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to Technical Industrial Services?

What happened at Technical Industrial Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Technical Industrial Services is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: loss of € 287,146. filed late Source: NBB ↗
  • New establishment in Antwerpen. KBO
  • Quincy Tjan-Asem became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 50,970 profit in 2021 to € 287,146 loss in 2023.

Paid € 18,258 in corporate taxes since 2021.

Best year ever: 2021, with € 50,970 profit.

On average € 36,300 of value added per employee in 2023.

Management

Quincy Tjan-Asem
Technical Industrial Services

Behind Technical Industrial Services is Quincy Tjan-Asem. Quincy Tjan-Asem is also behind NORCAR.

See the full network in the app

Directors

According to the 2023 annual accounts

Quincy Tjan-Asem

Director

Also active at: NORCAR

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Noorderlaan 147 box 9

2030 Antwerpen

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0731.712.075
VAT number
BE 0731.712.075
Registered office
Noorderlaan 147 bus 9, 2030 Antwerpen
Names & denominations
Technical Industrial Services
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
30 July 2019
Peppol
Not registered
Activities · NACE

Verspanend bewerken van metalen

Schilderen van civieltechnische werken

Frequently asked questions

What does Technical Industrial Services do?
Technical Industrial Services is a metalworking company in Antwerpen. Private Limited, started on 30 July 2019, 1 establishment.
What is the address of Technical Industrial Services?
The registered office of Technical Industrial Services is located at Noorderlaan 147 box 9, 2030 Antwerpen.
Is Technical Industrial Services still active?
No. The CBE lists Technical Industrial Services with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is Technical Industrial Services registered on Peppol?
No, Technical Industrial Services is currently not registered on the Peppol network.
What is the enterprise number of Technical Industrial Services?
The enterprise number of Technical Industrial Services is BE0731712075.
When was Technical Industrial Services founded?
Technical Industrial Services was founded on 30 July 2019.