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HEALTH & BEAUTY CENTER T-FORUM

Active
Private limited companyfounded 2025active for 1 yearLuikersteenweg 151B, 3700 Tongeren-Borgloon, Belgium30 active companies are registered at this addressKBO/BCE: BE 1022.977.143
Summary

The computed 12-month bankruptcy probability of HEALTH & BEAUTY CENTER T-FORUM is 8.5% (elevated). The 2025 annual accounts show negative equity (-€20,814) and a net result of -€23,814. Its solvency ranks better than 9% of 4,937 sector peers (NACE 47, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of pharmaceutical products
NACE 47730
1 site
Size
€237,476total assets 2025
Equity
-€20,814
Loss
-€23,814
Financial health
31 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
8.5%
Structure
Accounts 58 days early
Why 31raises risk2 changes of registered office in 24 monthsLiquidity: current ratio 0.31, cash €3,738Founded in 2025lowers riskFigures for financial year 2025 (filed 03-06-2026)Show the evidence

Checked score

Score 2025
31 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 12% of its sector peers (NACE 47, micro)
Financial strength
Weak
Solvency 16
equity -8.8% of total assets
Liquidity 2
short-term debt 107.8% · cash 1.6%
Profitability 6
return on assets -10.0%
Bankruptcy probability, 12 months
8.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,196 companies, NACE 47, micro)
Last 24 months 06-2026: 1.8%lowest value 07-2026: 1.8%● unchanged vs 06-2026 08-2026: 3.5%▲ +1.7 percentage points vs 07-2026 09-2026: 3.5%● unchanged vs 08-2026 10-2026: 8.5%▲ +5.0 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.31, below 1; short-term debt: 107.8% and cash: 1.6% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 16% on solvency, 4% on liquidity and 15% on profitability.

The bankruptcy probability was computed on 14-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed 03-06-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.31, cash €3,738
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
58 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Resignation: VSF MANAGEMENT (director)Appointment: GFB MANAGEMENT (director) ·…
  2. Registered office · MiscellaneousAppointment: VSF MANAGEMENT (director) ·…
  3. Annual accounts filedfinancial year 2025 · full…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€20,814 View
  • Caution: Among the weakest 10% on solvencysector median 36.2% · 4,937 companies -8.8% View
  • Caution: Board changedlatest change 07-10-2026 · 1 in office 1 joined · 1 left View
  • Founded 17 months agofounded 05-05-2025 17 months View

By topic

Financials

Financial year
2025
Total assets
€237,476
Loss
-€23,814
Solvency
-8.8%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of pharmaceutical productsNACE 47730
Founded
05-05-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
32
Annual meeting
Fourth Saturday of May at 19:00
Purpose
“De exploitatie en verhuur van een of meer apotheken; Het invallen in een of meer…” (deed in French)
Go to Articles of association

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