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TABLESS

Active
Private limited companyfounded 2021active for 4 yearsLegeweg 15, 8490 Jabbeke, BelgiumKBO/BCE: BE 0779.434.590
Summary

The computed 12-month bankruptcy probability of TABLESS is 6.5% (elevated). The annual accounts of TABLESS for financial year 2024 show a net loss of 66% of the equity at the start of that year. The 2024 annual accounts show equity of €18,286 and a net result of -€35,404. Equity is growing by about 72% per year across the filed financial years. Its solvency ranks better than 24% of 9,537 sector peers (NACE 47, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of household furniture
NACE 47551
1 site
Size
€109,342total assets 2024
Equity
€18,286
Loss
-€35,404
Turnover not published (abbreviated or micro format)
Financial health
34 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
6.5%
Structure
2025 accounts not filed, 89 days past the deadline1 of 2 deeds summarised
Why 34raises risk1 financial year not filed after the legal deadline; last filed accounts filed 117 days late; 2 of the last 3 lateFigures for financial year 2024 (filed 26-11-2025)Founded in 2021Loss of €35,404 (financial year 2024)Show the evidence

Checked score

Score 2024
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 20% of its sector peers (NACE 31, micro)
Financial strength · tick = 2023
Weak
Solvency 42-8
equity 16.7% of total assets
Liquidity 39-6
short-term debt 33.0% · cash 2.6%
Profitability 0-100
return on assets -32.4%
Bankruptcy probability, 12 months
6.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (830 companies, NACE 31, micro)
Last 24 months 11-2024: 2.4% 12-2024: 2.4%● unchanged vs 11-2024 01-2025: 2.4%● unchanged vs 12-2024 02-2025: 2.4%● unchanged vs 01-2025 03-2025: 2.3%▼ -0.1 percentage points vs 02-2025lowest value 04-2025: 2.8%▲ +0.5 percentage points vs 03-2025 05-2025: 3.3%▲ +0.5 percentage points vs 04-2025 06-2025: 3.2%▼ -0.1 percentage points vs 05-2025 07-2025: 3.3%▲ +0.1 percentage points vs 06-2025 08-2025: 4.2%▲ +0.9 percentage points vs 07-2025 09-2025: 3.9%▼ -0.3 percentage points vs 08-2025 10-2025: 6.1%▲ +2.2 percentage points vs 09-2025 11-2025: 6.3%▲ +0.2 percentage points vs 10-2025 12-2025: 7.2%▲ +0.9 percentage points vs 11-2025highest value 01-2026: 4.7%▼ -2.5 percentage points vs 12-2025 02-2026: 4.6%▼ -0.1 percentage points vs 01-2026 03-2026: 4.6%● unchanged vs 02-2026 04-2026: 4.7%▲ +0.1 percentage points vs 03-2026 05-2026: 4.6%▼ -0.1 percentage points vs 04-2026 06-2026: 4.4%▼ -0.2 percentage points vs 05-2026 07-2026: 4.6%▲ +0.2 percentage points vs 06-2026 08-2026: 5.0%▲ +0.4 percentage points vs 07-2026 09-2026: 5.2%▲ +0.2 percentage points vs 08-2026 10-2026: 6.5%▲ +1.3 percentage points vs 09-2026
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.19, compared with 1.91 in 2023, above the usual 1.5; short-term debt: 33% and cash: 2.6% of total assets), but 83.3% of the assets are financed with debt and provisions.
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 31, micro): better than 30% on solvency, 34% on liquidity, 7% on profitability and 8% on growth.

The bankruptcy probability was computed on 28-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Seven signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 117 days late; 2 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 26-11-2025)
NBB · annual accounts
raises risk · Founded in 2021
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Loss of €35,404 (financial year 2024)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 9537 sector peers (2024).
NBB · sector comparison
Position among 9537 sector peers
Solvency
better than 24%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 89 days later.
NBB · 3 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline28-10-2026 today
raises risk · 2024 accounts filed 117 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-11-2025, 117 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
117 days late
2023
31 days late
2022
62 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 29 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Back to profitnet €61,882

Financials · financial year 2024, abbreviated format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 28 October 2026.

Equity
€18,286▼ 65.9%
2023 · €53,690
Total assets
€109,342▼ 48.8%
2023 · €213,528
Net result
-€35,404
2023 · €61,882
Working capital
€43,072▼ 50.2%
2023 · €86,541
Trend over the years

2022 to 2024, 3 financial years

The operating result turns negative in 2024: a loss of €74,211 after €65,118 in 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€74,211 2024 Net result-€35,404 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202220232024
Operating result-€128,098-€65,118-€74,211
Net result-€133,192below the sector's middle half-€61,882above the sector's middle half-€35,404below the sector's middle half
Equity-€8,192below the sector's middle half-€53,690within the sector's middle half€18,286below the sector's middle half▼ 65.9%
Total assets€596,334above the sector's middle half-€213,528within the sector's middle half▼ 64.2%€109,342below the sector's middle half▼ 48.8%
Debt€604,526-€159,838▼ 73.6%€91,057▼ 43.0%
Working capital-€46,136below the sector's middle half-€86,541above the sector's middle half€43,072within the sector's middle half▼ 50.2%
Solvency-1.4%below the sector's middle half-25.1%within the sector's middle half▲ 26.5pp16.7%below the sector's middle half▼ 8.4pp
Current ratio0.92within the sector's middle half-1.91within the sector's middle half▲ 0.992.19within the sector's middle half▲ 0.28
Return on assets (ROA)-22.3%below the sector's middle half-29.0%above the sector's middle half▲ 51.3pp-32.4%below the sector's middle half▼ 61.4pp
Staff (FTE)0.7-
above within below the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €109,342
Fixed assets €30,170 ▼ 6.5%
Current assets €79,172 ▼ 56.3%
Equity and liabilities €109,342
Equity €18,286 ▼ 65.9%
Debt €91,057 ▼ 43.0%
Debt's share of the balance-sheet total rises from 74.9% to 83.3%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€67,923▼
2023 · €70,803
Cash flow
-€29,116▼
2023 · €67,567
Quick ratio
1.41▼
2023 · 1.76
Debt to equity
4.98▲
2023 · 2.98
ROE
-193.6%▼
2023 · 115.3%
Interest coverage
-23.58▼
2023 · 21.88
Debt ≤ 1 year
€36,100▼
2023 · €94,728
Debt > 1 year
€54,957▼
2023 · €65,110
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,207 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 90.2% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
4.6% went bankrupt
4.6% stopped otherwise
90.2% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 6.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,207 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet Code20232024
Assets
Total assets20/58€213,528€109,342▼
Fixed assets21/28€32,258€30,170▼
Tangible fixed assets22/27€27,758€25,670▼
Plant, machinery and equipment23€26,077€25,670▼
Furniture and vehicles24€1,681-
Financial fixed assets28€4,500€4,500=
Current assets29/58€181,269€79,172▼
Stocks and contracts in progress3€14,673€28,450▲
Stocks30/36€14,673€28,450▲
Amounts receivable within one year40/41€137,833€46,416▼
Trade receivables40€52,179€25,475▼
Other amounts receivable41€85,654€20,942▼
Cash at bank and in hand54/58€28,763€2,807▼
Deferred charges and accrued income490/1-€1,499
Equity and liabilities
Total equity and liabilities10/49€213,528€109,342▼
Equity10/15€53,690€18,286▼
Contributions10/11€125,000€125,000=
Profit (loss) carried forward14-€71,310-€106,714▼
Amounts payable17/49€159,838€91,057▼
Amounts payable after more than one year17€65,110€54,957▼
Financial debts170/4€65,110€54,957▼
Amounts payable within one year42/48€94,728€36,100▼
Current portion of amounts payable after more than one year42€9,890€10,153▲
Financial debts43€3,202-
Credit institutions430/8€3,202-
Trade debts44€39,410€21,540▼
Suppliers440/4€39,410€21,540▼
Taxes, remuneration and social security45€15,967€4,407▼
Taxes450/3€15,967€4,386▼
Remuneration and social security454/9€0€21▲
Other amounts payable47/48€26,260-
Income statement Code20232024
Remuneration, social security and pensions62€14-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,686€6,288▲
Other operating charges640/8€669€628▼
Gross operating margin9900€71,487-€67,295▼
Operating profit (loss)9901€65,118-€74,211▼
Financial income75/76B€0€41,688▲
Recurring financial income75€0€41,688▲
Financial charges65/66B€3,236€2,880▼
Recurring financial charges65€3,236€2,880▼
Profit (loss) for the period before taxes9903€61,882-€35,404▼
Profit (loss) for the period9904€61,882-€35,404▼
Profit (loss) for the period to be appropriated9905€61,882-€35,404▼
Appropriation of the result
Profit (loss) to be appropriated9906-€71,310-€106,714▼
Profit (loss) brought forward from the previous period14P-€133,192-€71,310▲

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Remuneration, social security and pensions62€29,519€14--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,395€5,686€6,288▲ 10.6%
Other operating charges640/8€853€669€628▼ 6.1%
Gross operating margin9900-€93,330€71,487-€67,295-
Operating profit (loss)9901-€128,098€65,118-€74,211-
Financial income75/76B€23€0€41,688-
Recurring financial income75€23€0€41,688-
Financial charges65/66B€5,118€3,236€2,880▼ 11.0%
Recurring financial charges65€5,118€3,236€2,880▼ 11.0%
Profit (loss) for the period before taxes9903-€133,192€61,882-€35,404-
Profit (loss) for the period9904-€133,192€61,882-€35,404-
Profit (loss) for the period to be appropriated9905-€133,192€61,882-€35,404-
Line202220232024Change
Assets
Total assets20/58€596,334€213,528€109,342▼ 48.8%
Fixed assets21/28€37,944€32,258€30,170▼ 6.5%
Tangible fixed assets22/27€33,444€27,758€25,670▼ 7.5%
Plant, machinery and equipment23€33,444€26,077€25,670▼ 1.6%
Furniture and vehicles24-€1,681--
Financial fixed assets28€4,500€4,500€4,500=
Current assets29/58€558,390€181,269€79,172▼ 56.3%
Stocks and contracts in progress3€496,605€14,673€28,450▲ 93.9%
Stocks30/36€496,605€14,673€28,450▲ 93.9%
Amounts receivable within one year40/41€59,504€137,833€46,416▼ 66.3%
Trade receivables40€48,456€52,179€25,475▼ 51.2%
Other amounts receivable41€11,048€85,654€20,942▼ 75.6%
Cash at bank and in hand54/58€2,281€28,763€2,807▼ 90.2%
Deferred charges and accrued income490/1--€1,499-
Equity and liabilities
Total equity and liabilities10/49€596,334€213,528€109,342▼ 48.8%
Equity10/15-€8,192€53,690€18,286▼ 65.9%
Contributions10/11€125,000€125,000€125,000=
Profit (loss) carried forward14-€133,192-€71,310-€106,714▼ 49.6%
Amounts payable17/49€604,526€159,838€91,057▼ 43.0%
Amounts payable after more than one year17-€65,110€54,957▼ 15.6%
Financial debts170/4-€65,110€54,957▼ 15.6%
Amounts payable within one year42/48€604,526€94,728€36,100▼ 61.9%
Current portion of amounts payable after more than one year42-€9,890€10,153▲ 2.7%
Financial debts43€3,349€3,202--
Credit institutions430/8€3,349€3,202--
Trade debts44€538,714€39,410€21,540▼ 45.3%
Suppliers440/4€538,714€39,410€21,540▼ 45.3%
Taxes, remuneration and social security45€18,539€15,967€4,407▼ 72.4%
Taxes450/3€14,643€15,967€4,386▼ 72.5%
Remuneration and social security454/9€3,896€0€21-
Other amounts payable47/48€43,924€26,260--
Line202220232024Change
Profit (loss) for the period9904-€133,192€61,882-€35,404-
+ Depreciation and write-downs630€4,395€5,686€6,288▲ 10.6%
Operating cash flow (approximation)-€128,797€67,567-€29,116-
Investment in fixed assets (approximation)-€0-€4,200-
Change in cash-€26,483-€25,957-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2024 abbreviated format 25-11-2025 2025-00570534
31-12-2023 micro format 31-08-2024 2024-00423585
31-12-2022 micro format 30-05-2023 2023-00097893

Similar companies · same sector, comparable size

Of the 2,561 active companies whose main activity is retail sale of household furniture (NACE 47551), figures are known for 1,734. 886 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 · 1 entry · €190 awarded · €190 paid
Schemes
1 entry · €190 · €190 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
2 directors, last change in 2023
Niels Meesschaert
Statutory director · since 05-12-2023
Current
Sophie De Vadder
Statutory director · since 05-12-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 2 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

4 people since 2022, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Niels Meesschaert
  • Statutory director, from 05-12-2023 to date
Sophie De Vadder
  • Statutory director, from 05-12-2023 to date
Steve Vanderplas
  • Statutory director, until 05-12-2023
CASSIERS Sarah
  • Statutory director, until 18-07-2022
See the board, name and registered office on a given date →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 28 December 2021, TABLESS was incorporated as a private limited company.1 In 2023 the registered office moved to Jabbeke.2 Total assets went from €596,334 in 2022 to €109,342 in 2024.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 12-12-2023
  3. 3National Bank, annual accounts 2022 and 2024

Acts, filings and financial milestones

2025
25-11
NBB filing Annual accounts filed
financial year 2024 · abbreviated format · 117 days late
2024
31-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 31 days late
2023
31-12
Financial Back to profitnet €61,882
Net result €61,882 after one loss-making year.
31-12
Financial Liquidity more than doubledcurrent ratio 1.91
Current ratio from 0.92 to 1.91; short-term debt falls from €604,526 to €94,728.
12-12
Gazette deed Resignations: CASSIERS Sarah (statutory director) and Steve Vanderplas (statutory director)
Appointments: Sophie De Vadder (statutory director) and Niels Meesschaert (statutory director) · Amendment of the articles · Registered-office move8 facts ▸
  • General meeting, “buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
  • Director resignation, CASSIERS Sarah (statutory director)
  • Director resignation, Steve Vanderplas (statutory director)
  • Director appointment, Sophie De Vadder (statutory director)
  • Director appointment, Niels Meesschaert (statutory director)
  • Amendment of the articles
  • Registered-office move, 8490 Jabbeke,Legeweg 15
  • Power of attorney
30-05
NBB filing Annual accounts filed
financial year 2022 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded28-12-2021
Financial year end31-12
Activities, NACEBEL 2025
47551Retail sale of household furniture
16110Sawmilling and planing of wood
31009Manufacture of furniture
52250Logistics services
63920Other information service activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0779434590
Registered 21-10-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Jabbeke · 1 establishment unit since 2021
registered office establishment The establishment unit on the map
Ground area
5,701 m²
Building footprint
167 m²
Building volume
972 m³
Parcel 31012B0429/00C000, Flanders · tallest building 8.7 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
TABLESS
Legeweg 15, 8490 JabbekeSawmilling and planing of wood
since 2021unit no. 2.327.768.089
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
31012B0429/00C000 Flanders 5,701 m² 1 · 167 m² 8.7 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.