T.I.S.
ActiveSummary
T.I.S. has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €26k and a net result of €-233. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 81% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▲+1
Solvency100▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.68 against 0.39 in 2023; short-term debt: 21.9% and cash: 8.9% of total assets), and 21.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
78.1%
Return on assets
-0.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
25 d late
2022
29 d late
2021
1 d late
2020
31 d late
2019
77 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€26k▼ 0.9%
2023 · €26k
2018: €20k
2019: €21k
2020: €22k
2021: €24k
2022: €27k
2023: €26k
2018 → 2024
Total assets
€33k▼ 6.0%
2023 · €35k
2018: €55k
2019: €57k
2020: €50k
2021: €46k
2022: €41k
2023: €35k
2018 → 2024
Net result
€-233▲ 42.3%
2023 · €-404
2018: €3k
2019: €2k
2020: €1k
2021: €2k
2022: €3k
2023: €-404
2018 → 2024
Working capital
€-2k▲ 58.6%
2023 · €-6k
2018: €-33k
2019: €-27k
2020: €-21k
2021: €5k
2022: €-9k
2023: €-6k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€22k-€24k▲ 6.8%€27k▲ 10.9%€26k▼ 1.5%€26k▼ 0.9%
Operating result€2k-€2k▲ 23.0%€4k▲ 81.6%€201▼ 95.2%€44▼ 78.2%
Net result€1k-€2k▲ 42.7%€3k▲ 73.1%€-404€-233▲ 42.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 78% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €33k
Fixed assets
€28k ▼ 11.0%
Current assets
€5k ▲ 38.3%
Equity and liabilities €33k
Equity
€26k ▼ 0.9%
Debt
€7k ▼ 20.6%
Debt's share of the balance-sheet total falls from 26.0% to 21.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€4k▼
2023 · €4k
Cash flow
€3k▼
2023 · €3k
Current ratio
0.68▲
2023 · 0.39
Debt to equity
0.28▼
2023 · 0.35
ROE
-0.9%▲
2023 · -1.5%
ROA
-0.7%▲
2023 · -1.1%
Interest coverage
15.41▼
2023 · 22.81
Debt ≤ 1 year
€7k▼
2023 · €9k
Income taxes
€47▼
2023 · €433
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet
Code20232024
Assets
Total assets20/58€35k€33k▼
Fixed assets21/28€32k€28k▼
Tangible fixed assets22/27€31k€28k▼
Land and buildings22€31k€28k▼
Financial fixed assets28€391€391=
Current assets29/58€4k€5k▲
Amounts receivable within one year40/41€867€2k▲
Other amounts receivable41€867€2k▲
Cash at bank and in hand54/58€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€35k€33k▼
Equity10/15€26k€26k▼
Contributions10/11€19k€19k=
Reserves13€3k€3k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€5k€4k▼
Amounts payable17/49€9k€7k▼
Amounts payable within one year42/48€9k€7k▼
Trade debts44€814€2k▲
Suppliers440/4€814€2k▲
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Other amounts payable47/48€7k€5k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€6k€5k▼
Operating profit (loss)9901€201€44▼
Financial charges65/66B€172€230▲
Recurring financial charges65€172€230▲
Profit (loss) for the period before taxes9903€29€-186▼
Income taxes67/77€433€47▼
Profit (loss) for the period9904€-404€-233▲
Profit (loss) for the period to be appropriated9905€-404€-233▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€4k▼
Profit (loss) brought forward from the previous period14P€5k€5k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
25-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 25 days late
2023
31-12
Financial
Weakest financial yearnet €-404 ▼115%
Net result drops to €-404, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
31-12
Financial
Liquidity times 15current ratio 3.85
Current ratio from 0.26 to 3.85; short-term debt falls from €28k to €2k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
16-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 77 days late
2019
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 122 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 8 days late
2016
10-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Pieters-Leeuw · 1 establishment unit since 1992
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Seringenstraat 201600 Sint-Pieters-LeeuwGround area
213 m²
Building footprint
74 m²
Volume, LiDAR
676 m³
Parcel 23077C0327/00Z006, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Seringenstraat 20, 1600 Sint-Pieters-Leeuw
since 19922.059.603.374
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077C0327/00Z006 | Flanders | 213 m² | 1 · 74 m² | 12.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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ALL SOLUTIONS B2B
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STROYTAVAR
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ND INVEST
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AlfaSource
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,748 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-10-1992
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.