TB SERVICES

Active

Private limited companyfounded 20188 yrs activeVrijheidslaan 175, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0701.693.347

The computed 12-month bankruptcy probability of TB SERVICES is 2.8% (moderate). The 2024 annual accounts show equity of €33k and a net result of €-5k. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 15% of 3549 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

29 / 100

Weak

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability27▼-44

Solvency39▼-4

Growth52=

Track record100

Bankruptcy probability, 12 months

2.8% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days only on tighter terms

Liquidity tight (current ratio 1.16 against 1.2 in 2023; short-term debt: 86.4% and cash: 0.4% of total assets), and 86.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

13.6%

Return on assets

-1.9%

Age of the figures

21 mo

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 3549 sector peers (2024).

NBB · sector comparison

Position among 3549 sector peers

Solvency

better than 15%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 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 · 4 filings

Deviation from the deadline

2025

not confirmed

2024

71 d late

2023

77 d late

2022

28 d late

2021

22 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-5k

2023 · €4k

2021: €14k 2022: €14k 2023: €4k

2021 → 2024

Working capital

€33k▲ 0.2%

2023 · €33k

2021: €7k 2022: €24k 2023: €33k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€20k-€34k▲ 68.1%€38k▲ 13.3%€33k▼ 12.1%

Operating result€20k-€24k▲ 21.1%€6k▼ 73.8%€-4k

Net result€14k-€14k▼ 1.3%€4k▼ 67.2%€-5k

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2024: a loss of €4k after €6k in 2023, the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Equity and liabilities €247k

13.6%

86.4%

Equity €33k▼ 12.1%

Debt €213k▲ 26.6%

The debt ratio rises from 81.6% to 86.4%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€359▼

2023 · €11k

Cash flow

€75▼

2023 · €9k

Solvency

13.6%▼

2023 · 18.4%

Current ratio

1.16▼

2023 · 1.20

Quick ratio

1.16▼

2023 · 1.20

Debt / equity

6.37▲

2023 · 4.42

ROE

-13.8%▼

2023 · 11.7%

ROA

-1.9%▼

2023 · 2.2%

Interest coverage

1.26▼

2023 · 6.14

Debt

€213k▲

2023 · €168k

Debt ≤ 1 year

€213k▲

2023 · €168k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€206k€247k▲

Fixed assets21/28€5k-

Tangible fixed assets22/27€5k-

Furniture and vehicles24€5k-

Current assets29/58€202k€247k▲

Amounts receivable within one year40/41€202k€246k▲

Trade receivables40€158k€204k▲

Other amounts receivable41€44k€41k▼

Cash at bank and in hand54/58€81€1k▲

Equity and liabilities

Total equity and liabilities10/49€206k€247k▲

Equity10/15€38k€33k▼

Contributions10/11€1k€1k=

Profit (loss) carried forward14€37k€32k▼

Amounts payable17/49€168k€213k▲

Amounts payable within one year42/48€168k€213k▲

Financial debts43€1k€1k=

Credit institutions430/8€1k€1k=

Trade debts44€165k€210k▲

Suppliers440/4€165k€210k▲

Other amounts payable47/48€2k€2k▲

Income statement Code20232024

Non-recurring operating income76A€0-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=

Other operating charges640/8€1k€138▼

Gross operating margin9900€12k€497▼

Operating profit (loss)9901€6k€-4k▼

Financial income75/76B€22-

Recurring financial income75€22-

Financial charges65/66B€2k€284▼

Recurring financial charges65€2k€284▼

Profit (loss) for the period before taxes9903€4k€-5k▼

Profit (loss) for the period9904€4k€-5k▼

Profit (loss) for the period to be appropriated9905€4k€-5k▼

Appropriation of the result

Profit (loss) to be appropriated9906€37k€32k▼

Profit (loss) brought forward from the previous period14P€33k€37k▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 1Filings 4

2025

10-10

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 71 days late

2024

31-12

Financial Weakest financial yearnet €-5k ▼203%

Net result drops to €-5k, the lowest in the series.

16-10

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 77 days late

2023

28-08

NBB filing Annual accounts filed

fiscal year 2022 · full schema · 28 days late

2022

22-08

NBB filing Annual accounts filed

fiscal year 2021 · full schema · 22 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 acts for this company are 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-Jans-Molenbeek · 1 establishment unit since 2018

establishment The establishment unit on the map

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.

Vrijheidslaan 1751080 Sint-Jans-Molenbeek

Ground area

310 m²

Building footprint

243 m²

Volume, LiDAR

1,477 m³

Parcel 21526D0069/02A005, Brussels · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

TB SERVICES

Vrijheidslaan 175, 1080 Sint-Jans-MolenbeekOffice administrative, office support and other business support activities

since 20182.288.822.292

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21526D0069/02A005	Brussels	310 m²	1 · 243 m²	10.9 m · 2 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.

Similar companies · same sector, comparable size

Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,785 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded23-08-2018

Fiscal year end31-12

Activities, NACEBEL

43990Other specialised construction activities

43999Specialised construction activities

82100Office administrative and support services

82110Office administrative, office support and other business support activities

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.