PROXY TIEGE
ActiveSummary
PROXY TIEGE has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €512,310 and a net result of €422,151. Equity has been shrinking by about 3.4% per year since 2019. Its solvency ranks better than 19% of 5,040 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 15-06-2009 Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110
- Joint committees
- 119 Paritair Comité voor de handel in voedingswaren
- 201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 31-10-2025
- Establishment unit
- 2.182.714.289 4845 Jalhay, since 19-11-2009
- Financial year end
- 31 October
- Peppol
- Reachable since 27-03-2026
Board and ownership
Board
- RG TEAMDirector · since 01-07-2021 · permanent representative Gilles Rouxhet
Shareholders
- JCF INVEST50%· score 972025 annual accounts of JCF INVEST
- RG TEAM50%31-10-2025 annual accounts of RG TEAM
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
Annual accounts to 31-10-2025
- Gross margin
- €2.2m
- ▲ 28.2%
- Turnover
- ≈ €15.0m
- estimated
- Profit
- €422,151
- ▲ 5.5%
- Equity
- €512,310
- ▼ 3.4%
- Total assets
- €6.5m
- ▲ 148%
- Employees on 31-10-2025
- 28
- ▲ 12.0%
Score breakdownraises riskEquity €512,310 (7.8% of total assets)lowers riskSize: 23.1 FTE, total assets €6.5mFounded in 2009Figures for financial year 2025 (filed on 02-04-2026)Show the evidence
Checked score
Score 2025
85
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 45% of small companies in retail trade (NACE 47)
Financial strength · tick: 2024
Average
Solvency
33-12
equity 7.8% of total assets
Liquidity
49+10
short-term debt 27.1% · cash 7.6%
Profitability
77-11
return on assets 6.5%
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).
Last 24 months
12-2024: 0.6%
01-2025: 0.7%▲ +0.1 percentage points vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 1.0%▲ +0.3 percentage points vs 04-2025highest value
06-2025: 0.3%▼ -0.7 percentage points vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.4%▲ +0.1 percentage points vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.3%▼ -0.1 percentage points vs 04-2026lowest value
06-2026: 0.3%● unchanged vs 05-2026lowest value
07-2026: 0.3%● unchanged vs 06-2026lowest value
08-2026: 0.3%● unchanged vs 07-2026lowest value
09-2026: 0.3%● unchanged vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.58 (0.9 in 2024), below 1. Short-term debt is 27.1% and cash 7.6% of total assets. 92.2% 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 47, small). It does better than 19% of them on solvency, 59% on liquidity, 72% on profitability and 29% on growth.
The bankruptcy probability was computed on 03-11-2026 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).
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 5040 sector peers (2025).
NBB · sector comparisonPosition among 5040 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 02-04-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 days early
2024
32 days early
2023
35 days early
2022
8 days early
2021
28 days early
2020
25 days early
2019
29 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 31 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-10-2026 is due by 31-05-2027. Nothing is late today. The company usually files around 29 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
31-10-2026 year end04-11-2026 today31-05-2027 deadline
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 02-04-2026 PDF all 16 filings
Turnover
≈ €15.0m
Estimated: probably between €9.0m and €18.0m
EBIT margin
Not included in this filing
Net result
€422,151▲ 5.5%
2024 · €400,159
Working capital
-€747,752▼ 463%
2024 · -€132,766
In the rankings
#3 company by total assets in Jalhay, Wholesale and retail trade sector#4 employer in Jalhay
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€663,013
▲ 14.7%
2025
20192025
Net result
€422,151
▲ 5.5%
2025
highest quarter of the sector
20192025
Equity
€512,310
▼ 3.4%
2025
middle half of the sector
20192025
Total assets
€6.5m
▲ 148%
2025
highest quarter of the sector
20192025
Debt
€6.0m
▲ 187%
2025
20192025
Working capital
-€747,752
▼ 463%
2025
lowest quarter of the sector
20192025
Solvency
7.8%
▼ 12.3pp
2025
lowest quarter of the sector
20192025
Current ratio
0.58
▼ 0.32
2025
lowest quarter of the sector
20192025
Return on assets (ROA)
6.5%
▼ 8.8pp
2025
middle half of the sector
20192025
Staff (FTE)
23.1
▲ 14.4%
2025
highest quarter of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.1m-€0.7m▲ 488%€0.4m▼ 41.9%€0.3m▼ 34.5%€0.6m▲ 119%€0.6m▼ 6.4%€0.7m▲ 14.7%
Net result€0.05m-€0.7mabove the sector's middle half▲ 14×€0.3mabove the sector's middle half▼ 56.6%€0.3mabove the sector's middle half▼ 14.5%€0.4mabove the sector's middle half▲ 62.8%€0.4mabove the sector's middle half▼ 6.1%€0.4mabove the sector's middle half▲ 5.5%
Equity€0.6m-€0.7mabove the sector's middle half▲ 3.1%€0.2mwithin the sector's middle half▼ 66.4%€0.2mwithin the sector's middle half=€0.2mwithin the sector's middle half=€0.5mwithin the sector's middle half▲ 141%€0.5mwithin the sector's middle half▼ 3.4%
Total assets€1.6m-€2.3mabove the sector's middle half▲ 40.7%€1.4mwithin the sector's middle half▼ 40.0%€2.8mabove the sector's middle half▲ 104%€2.9mabove the sector's middle half▲ 2.3%€2.6mabove the sector's middle half▼ 8.6%€6.5mabove the sector's middle half▲ 148%
Debt€1.0m-€1.6m▲ 64.6%€1.2m▼ 29.5%€2.6m▲ 124%€2.7m▲ 2.5%€2.1m▼ 21.0%€6.0m▲ 187%
Working capital€0.4m-€0.3mwithin the sector's middle half▼ 13.8%-€0.09mbelow the sector's middle half-€0.4mbelow the sector's middle half▼ 336%-€0.4mbelow the sector's middle half▼ 10.7%-€0.1mbelow the sector's middle half▲ 69.8%-€0.7mbelow the sector's middle half▼ 463%
Solvency38.9%-28.5%within the sector's middle half▼ 10.4pp16.0%within the sector's middle half▼ 12.5pp7.8%below the sector's middle half▼ 8.2pp7.6%below the sector's middle half▼ 0.2pp20.1%within the sector's middle half▲ 12.5pp7.8%below the sector's middle half▼ 12.3pp
Current ratio1.51-1.22within the sector's middle half▼ 0.290.91below the sector's middle half▼ 0.310.78below the sector's middle half▼ 0.130.75below the sector's middle half▼ 0.030.90below the sector's middle half▲ 0.150.58below the sector's middle half▼ 0.32
Return on assets (ROA)3.2%-30.7%above the sector's middle half▲ 27.6pp22.2%above the sector's middle half▼ 8.5pp9.3%within the sector's middle half▼ 12.9pp14.8%above the sector's middle half▲ 5.5pp15.2%above the sector's middle half▲ 0.4pp6.5%within the sector's middle half▼ 8.8pp
Staff (FTE)17.2-18.5above the sector's middle half▲ 7.6%19.8above the sector's middle half▲ 7.0%15.2above the sector's middle half▼ 23.2%19.6above the sector's middle half▲ 28.9%20.2above the sector's middle half▲ 3.1%23.1above the sector's middle half▲ 14.4%
above
within
below
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 15% higher than in 2024 and the highest since 2021. It is a recovery after the fall in 2024.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.5m
Fixed assets
€5.5m ▲ 287%
Current assets
€1.0m ▼ 14.9%
Equity and liabilities €6.5m
Equity
€512,310 ▼ 3.4%
Debt
€6.0m ▲ 187%
Debt's share of the balance-sheet total rises from 79.9% to 92.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1.1m▲
2024 · €745,694
Cash flow
€826,917▲
2024 · €568,018
Quick ratio
0.33▼
2024 · 0.56
Debt to equity
11.76▲
2024 · 3.96
ROE
82.4%▲
2024 · 75.5%
Interest coverage
10.48▼
2024 · 16.61
Debt ≤ 1 year
€1.8m▲
2024 · €1.3m
Debt > 1 year
€4.2m▲
2024 · €761,332
Income taxes
€142,587▲
2024 · €135,000
Staff costs
€1.1m▲
2024 · €944,744
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-10-2021 | 31-10-2022 | 31-10-2023 | 31-10-2024 | 31-10-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 22 | 22 | 22 | 25 | 28 |
| full-time | 8 | 8 | 10 | 12 | 12 |
| part-time | 14 | 14 | 12 | 13 | 16 |
| in full-time equivalents | 17.7 | 18.5 | 19.5 | 22 | 23.7 |
| Average over the year, in full-time equivalents | 19.8 | 15.2 | 19.6 | 20.2 | 23.1 |
| On a permanent contract | 18 | 16 | 22 | 23 | 26 |
| Joined | 7 | 3 | 7 | 13 | 9 |
| Left | 8 | 3 | 6 | 10 | 6 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 31-10-2021 | 31-10-2022 | 31-10-2023 | 31-10-2024 | 31-10-2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €206,281 | €946,644 | €1.1m | €896,229 | €4.6m |
| Mortgages, amount registered | - | - | - | - | €100,000 |
| Mortgage mandates | - | - | - | - | €3.8m |
| Carrying value of the mortgaged assets | - | - | - | - | €3.8m |
| Pledge on the business | €440,000 | €440,000 | €440,000 | €440,000 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 31-10-2021 | 31-10-2022 | 31-10-2023 | 31-10-2024 | 31-10-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €26,002 | €1.1m | €276,433 | €36,760 | €4.5m |
| Depreciation and write-downs of the year | €98,708 | €76,383 | €152,874 | €167,859 | €404,766 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €0.7m | €0.8m | €0.8m | €0.9m | €1.1m | ▲ 13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.1m | €0.1m | €0.08m | €0.2m | €0.2m | €0.4m | ▲ 141% |
| Other operating charges640/8 | - | - | €0.002m | €0.01m | €0.006m | €0.006m | €0.02m | ▲ 201% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €0.02m | - |
| Gross operating margin9900 | €0.9m | €1.5m | €1.3m | €1.1m | €1.6m | €1.7m | €2.2m | ▲ 28.2% |
| Operating profit (loss)9901 | €0.1m | €0.7m | €0.4m | €0.3m | €0.6m | €0.6m | €0.7m | ▲ 14.7% |
| Financial income75/76B | - | - | €0.001m | €0.01m | €470 | €0.002m | €0.004m | ▲ 62.1% |
| Recurring financial income75 | €90 | €347 | €0.001m | €0.01m | €470 | €0.002m | €0.004m | ▲ 62.1% |
| Financial charges65/66B | - | - | €0.02m | €0.03m | €0.05m | €0.04m | €0.1m | ▲ 127% |
| Recurring financial charges65 | €0.06m | €0.02m | €0.02m | €0.03m | €0.05m | €0.04m | €0.1m | ▲ 127% |
| Profit (loss) for the period before taxes9903 | €0.06m | €0.7m | €0.4m | €0.3m | €0.6m | €0.5m | €0.6m | ▲ 5.5% |
| Income taxes67/77 | €0.01m | €0.01m | €0.1m | €0.002m | €0.1m | €0.1m | €0.1m | ▲ 5.6% |
| Profit (loss) for the period9904 | €0.05m | €0.7m | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | ▲ 5.5% |
| Profit (loss) for the period to be appropriated9905 | €0.05m | €0.7m | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | ▲ 5.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.6m | €2.3m | €1.4m | €2.8m | €2.9m | €2.6m | €6.5m | ▲ 148% |
| Fixed assets21/28 | €0.5m | €0.5m | €0.5m | €1.4m | €1.6m | €1.4m | €5.5m | ▲ 287% |
| Tangible fixed assets22/27 | €0.5m | €0.5m | €0.4m | €1.4m | €1.6m | €1.4m | €5.5m | ▲ 287% |
| Land and buildings22 | - | - | - | - | - | - | €5.3m | - |
| Plant, machinery and equipment23 | - | - | €0.05m | €0.04m | €0.07m | €0.06m | €0.08m | ▲ 19.5% |
| Furniture and vehicles24 | - | - | €0.02m | €0.05m | €0.1m | €0.1m | €0.1m | ▲ 32.5% |
| Other tangible fixed assets26 | - | - | €0.4m | €1.3m | €1.4m | €1.3m | €0 | ▼ 100% |
| Financial fixed assets28 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Current assets29/58 | €1.1m | €1.8m | €0.9m | €1.4m | €1.3m | €1.2m | €1.0m | ▼ 14.9% |
| Stocks and contracts in progress3 | €0.3m | €0.3m | €0.3m | €0.3m | €0.4m | €0.5m | €0.4m | ▼ 4.6% |
| Stocks30/36 | - | - | €0.3m | €0.3m | €0.4m | €0.5m | €0.4m | ▼ 4.6% |
| Amounts receivable within one year40/41 | €0.4m | €0.4m | €0.2m | €0.3m | €0.04m | €0.1m | €0.07m | ▼ 25.9% |
| Trade receivables40 | - | - | €0.01m | €0.03m | €0.02m | €0.04m | €0.03m | ▼ 20.0% |
| Other amounts receivable41 | - | - | €0.2m | €0.3m | €0.02m | €0.06m | €0.04m | ▼ 29.4% |
| Current investments50/53 | €0.3m | €0.8m | €0.2m | €0.2m | €0.6m | €0.3m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €0.1m | €0.3m | €0.3m | €0.5m | €0.3m | €0.3m | €0.5m | ▲ 66.3% |
| Deferred charges and accrued income490/1 | - | - | €0.009m | €0.004m | €0.01m | €0.02m | €0.02m | ▼ 20.2% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.6m | €2.3m | €1.4m | €2.8m | €2.9m | €2.6m | €6.5m | ▲ 148% |
| Equity10/15 | €0.6m | €0.7m | €0.2m | €0.2m | €0.2m | €0.5m | €0.5m | ▼ 3.4% |
| Contributions10/11 | €0.2m | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €0.4m | €0.5m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Non-distributable reserves130/1 | - | - | €0.02m | €0.02m | €0 | - | - | - |
| Reserves not available under the articles1311 | - | - | €0.02m | €0.02m | €0 | - | - | - |
| Distributable reserves133 | - | - | €0 | - | €0.02m | €0.02m | €0.02m | = |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | €0.3m | €0.3m | ▼ 5.8% |
| Amounts payable17/49 | €1.0m | €1.6m | €1.2m | €2.6m | €2.7m | €2.1m | €6.0m | ▲ 187% |
| Amounts payable after more than one year17 | €0.3m | €0.2m | €0.1m | €0.8m | €0.9m | €0.8m | €4.2m | ▲ 458% |
| Financial debts170/4 | - | - | €0.1m | €0.8m | €0.9m | €0.8m | €4.2m | ▲ 458% |
| Amounts payable within one year42/48 | €0.7m | €1.4m | €1.0m | €1.8m | €1.8m | €1.3m | €1.8m | ▲ 32.5% |
| Current portion of amounts payable after more than one year42 | - | - | €0.07m | €0.1m | €0.2m | €0.1m | €0.3m | ▲ 156% |
| Financial debts43 | - | - | - | €0.03m | €0.05m | €0.003m | €0.05m | ▲ 15× |
| Credit institutions430/8 | - | - | - | €0.03m | €0.05m | €0.003m | €0.05m | ▲ 15× |
| Trade debts44 | €0.5m | €0.6m | €0.5m | €1.2m | €0.9m | €1.0m | €0.9m | ▼ 11.0% |
| Suppliers440/4 | - | - | €0.5m | €1.2m | €0.9m | €1.0m | €0.9m | ▼ 11.0% |
| Taxes, remuneration and social security45 | - | - | €0.1m | €0.1m | €0.2m | €0.1m | €0.1m | ▲ 20.3% |
| Taxes450/3 | - | - | €0.02m | €0.02m | €0.08m | €0.006m | €0.01m | ▲ 119% |
| Remuneration and social security454/9 | - | - | €0.1m | €0.08m | €0.09m | €0.1m | €0.1m | ▲ 14.9% |
| Other amounts payable47/48 | - | - | €0.3m | €0.3m | €0.4m | €0.09m | €0.4m | ▲ 289% |
| Accrued charges and deferred income492/3 | - | - | €0.005m | €0.02m | €0 | €203 | €0.003m | ▲ 16× |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.05m | €0.7m | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | ▲ 5.5% |
| + Depreciation and write-downs630 | €0.1m | €0.1m | €0.1m | €0.08m | €0.2m | €0.2m | €0.4m | ▲ 141% |
| Operating cash flow (approximation) | €0.2m | €0.8m | €0.4m | €0.3m | €0.6m | €0.6m | €0.8m | ▲ 45.6% |
| Investment in fixed assets (approximation) | - | -€0.09m | -€0.01m | -€1.1m | -€0.3m | -€0.04m | -€4.5m | ▼ 12,119% |
| Change in cash | - | €0.2m | €0.002m | €0.2m | -€0.2m | €0.008m | €0.2m | ▲ 24× |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 536 companies had the same profile as PROXY TIEGE has now. Two years later, 95.9% were still going and 0.7% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
95.9%
was still going
3.4%
stopped otherwise
0.7%
went bankrupt
That fits the bankruptcy probability of PROXY TIEGE itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 536 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.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-10-2025 | full format | 02-04-2026 | 2026-00071324 | |
| 31-10-2024 | full format | 29-04-2025 | 2025-00085279 | |
| 31-10-2023 | full format | 26-04-2024 | 2024-00075203 | |
| 31-10-2022 | full format | 23-05-2023 | 2023-00091894 | |
| 31-10-2021 | full format | 03-05-2022 | 2022-20022433 | |
| 31-10-2020 | full format | 06-05-2021 | 2021-13400488 | |
| 31-10-2019 | full format | 02-05-2020 | 2020-11200298 | |
| 31-10-2018 | full format | 26-04-2019 | 2019-11300334 | |
| 31-10-2017 | full format | 07-05-2018 | 2018-12400018 | |
| 31-10-2016 | full format | 10-03-2017 | 2017-06100071 |
Board & ownership
Directors
Directors
1 director, last change in 2026
Board 1
RG TEAM
Current
Director · since 01-07-2021 · Legal entity · permanent representative: Gilles Rouxhet · listed in the 2025 annual accounts, filed on 02-04-2026
Permanent representatives 1
Gilles Rouxhet
Current
Permanent representative · appointed in the act of 05-06-2026 · for RG TEAM
Owners and capital
Shareholders
2 ownersOwners 2
- Sourceaccounts JCF INVEST 2025Equity €1.7m Profit of €790,867 in 2025 (profit of €242,193 in 2024) Checked score 9750%
- Equity €825,538 Profit of €89,982 in 2025 (profit of €216,898 in 2024)50%
Capital transactions
Capital over time
- 24-07-2023 Converted to unavailable equity · €220,000
Mandate history
3 people, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| RG TEAM |
|
| Gilles Rouxhet |
|
| Jean-Charles Fransolet |
|
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Avec ou sans limitation, assemblée fixe nombre/durée/pouvoirs si pluralité, défaut sans limitation, un ou plusieurs administrateurs”“Assemblée générale décide, frais généraux hors frais représentation/voyages/déplacements”
Audit, dissolution and liquidation
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Formes prévues pour les modifications aux statuts, 24”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “25, administrateurs en fonction désignés comme liquidateur(s) en vertu des statuts si aucun autre liquidateur désigné”
Articles of association, deed of 24-07-2023 (in French)
Network & group
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Linked via shared directors
AFS - Programmes interculturels
Shared director
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
05-06
Gazette deed
Resignation: Gilles Rouxhet (director)Appointment: RG TEAM (director)4 points ▸
Gazette deed
Resignation: Gilles Rouxhet (director)
Appointment: RG TEAM (director)4 points ▸
- General meeting, 31-03-2026
- Director resignation, Gilles Rouxhet (director)
- Director appointment, RG TEAM (director)
- Director in office, Gilles Rouxhet (director)
03-04
Gazette deed
Resignation: Jean-Charles Fransolet (director)2 points ▸
Gazette deed
Resignation: Jean-Charles Fransolet (director)
2 points ▸
- General meeting, 27-02-2026
- Director resignation, Jean-Charles Fransolet (director)
02-04
full format · 59 days before the deadline
2025
29-04
full format · 32 days before the deadline
2024
31-10
Financial
Equity above €500,000equity €530,159 ▲141%
With a profit in every financial year since 2019, equity grows to €530,159.
26-04
full format · 35 days before the deadline
2023
24-07
Gazette deed
Company renamed from LOLIBEOS to PROXY TIEGEAppointments: FRANSOLET Jean-Charles (director) and ROUXHET Gilles (director) · Purpose change · Amendment of the articles14 points ▸
Gazette deed
Company renamed from LOLIBEOS to PROXY TIEGE
Appointments: FRANSOLET Jean-Charles (director) and ROUXHET Gilles (director) · Purpose change · Amendment of the articles14 points ▸
- General meeting, 11-07-2023
- Name change, PROXY TIEGE
- Purpose change
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Other provision, “suppression du compte de capitaux propres statutairement indisponible et mise à disposition pour distributions futures, rendre fonds disponibles pour distributi…” (deed in French)
- Capital
- Other provision, “absence de compte de capitaux propres indisponible, aucun compte non susceptible de distribution aux actionnaires sur lequel apports des fondateurs seraient ins…” (deed in French)
- Director appointment, FRANSOLET Jean-Charles (director (not named in the articles))
- Director appointment, ROUXHET Gilles (director (not named in the articles))
- Other provision, “décharge aux gérants démissionnaires, prochaine assemblée générale annuelle” (deed in French)
- Board meeting, “président et administrateur délégué, gratuit” (deed in French)
- The act holds 2 more points.
23-05
full format · 8 days before the deadline
2022
03-05
full format · 28 days before the deadline
2021
06-05
full format · 25 days before the deadline
2020
31-10
Financial
Highest result from 2019 to 2025net €704,796 ▲1,269%
The operating result of €741,671 and the net result of €704,796 are both a record.
02-05
full format · 29 days before the deadline
Show earlier events
2019
26-04
full format · 35 days before the deadline
2018
07-05
full format · 24 days before the deadline
2017
10-03
full format · 82 days before the deadline
2009
23-06
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
PROXY TIEGE in French
Former name
LOLIBEOS until the act of 24-07-2023
Enterprise number
0812.264.241
Legal form
Private limited company
Status
Active, normale toestand
Founded
15-06-2009
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 24-07-2023 (in French)Registered office and establishments
Registered office
Chemin du Rolinru(Sart) 1, 4845 Jalhay, Belgium
Establishment unit
PROXI DELHAIZE, Chemin du Rolinru(Sart) 1, 4845 Jalhay since 19-11-2009 · unit number 2.182.714.289
Activities
NACEBEL 2025VAT activities
47110
Non-specialised retail sale with food, beverages or tobacco predominating main activity
Social security (RSZ) activities
47110
Non-specialised retail sale with food, beverages or tobacco predominating main activity
Codes under NACEBEL 2008
VAT activities
47114
Supermarkets main activity
Social security (RSZ) activities
47114
Supermarkets main activity
Joint committees
119 Paritair Comité voor de handel in voedingswaren
201 Paritair Comité voor de zelfstandige kleinhandel annual accounts 31-10-2025
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 24-07-2023 (in French)
“Le négoce à départements multiples,comprenant notamment : boucherie-charcuterie,tabac-alcools,confection,alimentation générale,articles…”
5 activities
- Le négoce à départements multiples,comprenant notamment : boucherie-charcuterie,tabac-alcools,confection,alimentation générale,articles ménagers,librairie,papeterie,quincaillerie,électro ménagers,hifi,etc...
- La société peut être caution de tiers. Elle peut concéder des suretés réelles et/ou personnelles en couverture d'engagements de tiers,tant personnes physiques que personnes morales.
- Elle peut effectuer toutes opérations financières et industrielles,civiles ou commerciales,mobilières ou immobilières se rapportant directement ou indirectement â son objet social,en tout ou en partie.
- Elle pourra s'intéresser par toutes voies d'apport,de fusion,de souscription ou de toute autre manière dans toutes affaires,entreprises,associations,sociétés ayant un objet identique,analogue,connexe ou complémentaire,ou de nature à favoriser ou faciliter le développement de son entreprise.
- La société peut exercer la ou les fonctions d'administrateur ou de liquidateur.
Invoicing and payment
VAT number
BE 0812.264.241
Financial year and general meeting
Accounts at the NBBFinancial year end
31-10
Recognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileyJalhayunit number 2.182.714.289
Sites & property
Location
Buildings and parcels at the address
Ground area
7,860 m²
Building footprint
1,028 m²
Building volume
4,703 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 63068C1021/00L002 | Wallonia | 7,860 m² | 1 · 1,028 m² | 7.5 m · 2 |