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TYLES DISTRIBUTION

Active
Private limited companyfounded 1991active for 34 yearsPathoekeweg 152, 8000 Brugge, BelgiumKBO/BCE: BE 0446.312.242

From the official registers: KBO 32 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

TYLES DISTRIBUTION has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €683,878 and a net result of €1,901. Equity has been shrinking by about 5.6% per year since 2019. If that trend continues, it turns negative around financial year 2027. Its solvency ranks better than 34% of 376 sector peers (NACE 46, financial year 2026). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

KBO
Status
Active since 30-12-1991 Normal situation
Activity
Agents in non-specialised wholesale trade NACE 46190and 1 other
Establishment unit
2.056.183.432 8000 Brugge, since 13-02-1992
Financial year end
30 June
Peppol
Reachable

Board and ownership

Board
  • BOISSEILLESDirector · permanent representative ROYAUX,Guy Jean-Pierre Sophie
  • MERCURALIADirector · permanent representative ROYAUX,Fabienne Michèle Sandrine
  • ROVERDirector · permanent representative ROYAUX,Paul Bernard Christiane

Financial position

82 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 30-06-2026
Gross margin
€151,788
Turnover
≈ €570,000
estimated
Profit
€1,901
Equity
€683,878
Total assets
€3.0m
▲ 32,187×
Staff
1.5 FTE
Filed on 12-08-2026, 172 days before the deadlineat the National Bank
Score breakdownraises riskLiquidity: current ratio 1.05lowers riskFounded in 1991Size: total assets €3.0mFigures for financial year 2026 (filed on 20-08-2026)Show the evidence

Checked score

Score 2026
82 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 19% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2025
Weak
Solvency 48+48
equity 23.1% of total assets
Liquidity 16-33
short-term debt 76.8%
Profitability 32+32
return on assets 0.1%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,376 companies, NACE 46, small)
Last 24 months 11-2024: 0.8%highest value 12-2024: 0.8%● unchanged vs 11-2024highest value 01-2025: 0.8%● unchanged vs 12-2024highest value 02-2025: 0.8%● unchanged vs 01-2025highest value 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.7%▼ -0.1 percentage points vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.6%▼ -0.1 percentage points vs 01-2026 03-2026: 0.7%▲ +0.1 percentage points vs 02-2026 04-2026: 0.6%▼ -0.1 percentage points vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.3%▼ -0.3 percentage points vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.05, below the usual 1.5. Short-term debt is 76.8% of total assets. 76.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 46, small). It does better than 26% of them on solvency, 14% on liquidity and 18% on profitability.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.05
NBB · annual accounts
lowers risk · Founded in 1991
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €3.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2026 (filed on 20-08-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 12-08-2026, 172 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
172 days early
2025
50 days early
2024
56 days early
2023
6 days early
2022
4 days early
2021
145 days late
2020
35 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 25 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 95% of companies in wholesale tradesector median €71,434 · 378 companies €683,878 View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 5 years View

Comparable companies

These companies have the same main activity as TYLES DISTRIBUTION: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €2m and €4m, founded between 1986 and 1995.

CompanyTotal assetsGross margin
TYLES DISTRIBUTION Brugge€3.0m€0.2m
SOGECHEM Lasne€3.1m€0.1m
BOSSAERT Poperinge€2.4m€0.2m
KAJONI Veurne€4.0m€0.2m
LORIMO Roeselare€2.0m€0.1m
E.T.C. De Haan€2.3m€0.3m
BETRACO Deinze€2.3m€0.2m
Full comparison

Documents

Annual accounts at the NBB

All 32 annual accounts

Articles and registers

Key facts about TYLES DISTRIBUTION

What is the company number of TYLES DISTRIBUTION?
The company number of TYLES DISTRIBUTION is 0446.312.242. The VAT number is the same number with BE in front: BE 0446.312.242.
Where is TYLES DISTRIBUTION based?
The registered office is at Pathoekeweg 152, 8000 Brugge.Company details
What does TYLES DISTRIBUTION do?
According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
What is the legal form of TYLES DISTRIBUTION?
The legal form of TYLES DISTRIBUTION is Private limited company (BV).
When was TYLES DISTRIBUTION founded?
TYLES DISTRIBUTION was founded on 30-12-1991.
Is TYLES DISTRIBUTION still active?
Yes, TYLES DISTRIBUTION is an active enterprise in the KBO register.
How many employees does TYLES DISTRIBUTION have?
TYLES DISTRIBUTION had an average of 1.5 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of TYLES DISTRIBUTION?
The turnover in financial year 2026 is ≈ €570,000. This figure is estimated from the gross margin of €151,788 and 31 comparable companies (NACE 461). It probably lies between €270,000 and €1.4m.
Is TYLES DISTRIBUTION profitable?
In financial year 2026, TYLES DISTRIBUTION made a profit of €1,901.
Where can I find the annual accounts of TYLES DISTRIBUTION?
TYLES DISTRIBUTION filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2026.Annual accounts at the National Bank

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