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PROXY TIEGE

Active Private limited companyfounded 2009active for 17 yearsChemin du Rolinru 1, 4845 JalhayKBO/BCE: BE 0812.264.241 #3 company by total assets in Jalhay, Wholesale and retail trade sector

Lifetime

16 annual accounts with figures on one time axis
peak €2.2m (2025)
€2.2m▲ 28.2%
peak €704,796 (2020)
€422,151▲ 5.5%
peak €653,799 (2020)
€512,310▼ 3.4%
€6.0m▲ 187%
peak 23.1 FTE (2025)
23.1 FTE▲ 14.4%
Board7 names since 2021
3 directors and 2 others
Owners3 names in the annual accounts
50% and 1 other
Documentsfilings and deeds
02-04-202659 days before the deadline
2025financial year
Gross margin from €1.7m to €2.2mStaff from 20.2 FTE to 23.1 FTEDividend €440,000Debts from €2.1m to €6.0mInvestments €4.5mCash from €300,680 to €499,881

Key points

from the 2025 annual accounts

Equity

€512,310 ▼ 3.4%
530,1592024+422,151Profit-440,000Dividend512,3102025

PROXY TIEGE paid out €440,000 in dividends. That is 104% of the 2025 profit.

Debts

€6.0m 92% of the balance sheet
Financial debts 71%Suppliers 15%Taxes and wages 2%Other 12%

€4.6m of the debts are secured on the company's own assets. In 2021 that was €206,281.

Securities

€3.8m

Mortgage mandates, new in 2025. 7.3 times equity · not in the 2024 accounts.

Investments

€4.5m 11.1 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 19.5% higher than in 2024.

Filings

16 annual accounts since 2010
deadline2010201520202025

The last five annual accounts were filed 8 to 59 days before the end of the period.

Board

2 left

Directors left. Latest change 05-06-2026 · 1 in office.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 537 companies had the same profile as PROXY TIEGE has now. Each dot stands for 2 companies, two years later.

95.9%
were still trading
3.4%
stopped another way
0.7%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 537 companies, not a prediction for PROXY TIEGE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, , since 01-07-2021
  • 50%score equity €1.7m (2025) · 2025 annual accounts of
  • 50%equity €825,538 (2025) · 31-10-2025 annual accounts of
Board & ownership

Recent changes

Resignation: (director) Appointment: (director) · General meeting of 31-03-2026 · Gazette deed
Resignation: (director) General meeting of 27-02-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0812264241
Company renamed from LOLIBEOS to PROXY TIEGE Appointments: (director) and (director) · “Le négoce à départements multiples,comprenant notamment…” (deed in French) · General meeting of 11-07-2023 · Gazette deed
All 27 events

Comparable companies

same main activity, similar in size and age
Company
PROXY TIEGE Jalhay €6.5m €2.2m 7.8% 23.1
SPYDIS Jemeppe-sur-Sambre €4.8m €1.9m 9.5% 24.6
BERLIM Grâce-Hollogne €6.0m €2.5m 53.1% 24.1
LEHDIS Herve €5.5m €1.2m 3.1% 26.4
BARCHONEW Blegny €3.7m €1.9m 50.7% 28.4
PAKS Merchtem €7.6m €2.5m 43.1% 27.7
Smart Retail Development Zoersel €4.9m €1.8m 31.4% 22.3

These companies have the same main activity as PROXY TIEGE: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €3.7m and €7.6m, founded between 2002 and 2010.

Official details

Source: KBO
Status
Active since 15-06-2009Normal situation
Activity
Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110
Joint committees
119Food trade
201Independent retail · annual accounts 31-10-2025
Establishment unit
2.182.714.2894845 Jalhay, since 19-11-2009
Financial year end
31 October
Peppol
Reachable since 27-03-2026
Company details

Annual accounts to 31-10-2025

≈ €15.0mestimated
€6.5m▲ 148%
Employeeson 31-10-2025
28▲ 12.0%
Filing
Filed on 02-04-2026, 59 days before the end of the filing period
Financials

Insights on PROXY TIEGE

PROXY TIEGE has existed since 2009. The gross margin grew from €473,523 in 2010 to €2.2m in 2025 and staff from 10.9 to 23.1 full-time equivalents.

The gross margin has grown every year since 2022. Solvency fell in 2025 from 20.1% to 7.8% because of the dividend and higher long-term debts.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about PROXY TIEGE

What is the company number of PROXY TIEGE?
The company number of PROXY TIEGE is 0812.264.241. The VAT number is the same number with BE in front: BE 0812.264.241.
Where is PROXY TIEGE based?
The registered office is at Chemin du Rolinru 1, 4845 Jalhay.Company details
What does PROXY TIEGE do?
According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
What is the legal form of PROXY TIEGE?
PROXY TIEGE is a private limited company (BV).
When was PROXY TIEGE founded?
PROXY TIEGE was founded on 15-06-2009.
Is PROXY TIEGE still active?
Yes, PROXY TIEGE is an active enterprise in the KBO register.
How many employees does PROXY TIEGE have?
PROXY TIEGE had an average of 23.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does PROXY TIEGE fall under?
In its 31-10-2025 annual accounts, PROXY TIEGE states joint committees 119 (Food trade) and 201 (Independent retail).
What is the turnover of PROXY TIEGE?
The turnover in financial year 2025 is ≈ €15.0m. This figure is estimated from the gross margin of €2.2m and 30 comparable companies (NACE 471). It probably lies between €9.0m and €18.0m.
Is PROXY TIEGE profitable?
In financial year 2025, PROXY TIEGE made a profit of €422,151.
Where can I find the annual accounts of PROXY TIEGE?
PROXY TIEGE filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PROXY TIEGE due?
PROXY TIEGE must file the annual accounts for financial year 2026 by 31-05-2027.Timeline

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