TBOX
ActiveSummary
The computed 12-month bankruptcy probability of TBOX is 2.0% (moderate). The 2025 annual accounts show equity of €9k and a net result of €-2k. Equity is shrinking by ~35.6% per year across the filed fiscal years. Its solvency ranks better than 64% of 11322 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▲+10
Solvency85▼-3
Growth32=
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.43 against 2.62 in 2024; short-term debt: 40.2% and cash: 67% of total assets), and 40.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
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 2025Solvency, return and age of the figures
Solvency
59.8%
Return on assets
-11.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
24 d early
2024
30 d early
2023
35 d early
2022
48 d early
2021
11 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€9k▼ 16.3%
2024 · €11k
2021: €33k
2022: €49k
2023: €25k
2024: €11k
2021 → 2025
Total assets
€15k▼ 11.9%
2024 · €17k
2021: €89k
2022: €110k
2023: €60k
2024: €17k
2021 → 2025
Net result
€-2k▼ 4.2%
2024 · €-2k
2021: €13k
2022: €16k
2023: €8k
2024: €-2k
2021 → 2025
Working capital
€9k▼ 15.4%
2024 · €10k
2021: €33k
2022: €49k
2023: €24k
2024: €10k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€33k-€49k▲ 47.2%€25k▼ 48.3%€11k▼ 56.8%€9k▼ 16.3%
Operating result€16k-€20k▲ 20.3%€9k▼ 53.4%€-2k€24
Net result€13k-€16k▲ 19.2%€8k▼ 45.6%€-2k€-2k▼ 4.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €24 after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15k
Fixed assets
€376 ▼ 32.9%
Current assets
€15k ▼ 11.2%
Equity and liabilities €15k
Equity
€9k ▼ 16.3%
Debt
€6k ▼ 4.2%
Debt's share of the balance-sheet total rises from 36.9% to 40.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€208▲
2024 · €-1k
Cash flow
€-2k▼
2024 · €-2k
Current ratio
2.43▼
2024 · 2.62
Debt to equity
0.67▲
2024 · 0.59
ROE
-19.5%▼
2024 · -15.7%
ROA
-11.7%▼
2024 · -9.9%
Interest coverage
1.38▲
2024 · -10.19
Debt ≤ 1 year
€6k▼
2024 · €6k
Income taxes
€2k
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 · 2025 against 2024 · 32 lines
Balance sheet
Code20242025
Assets
Total assets20/58€17k€15k▼
Fixed assets21/28€560€376▼
Tangible fixed assets22/27€560€376▼
Plant, machinery and equipment23€560€376▼
Current assets29/58€17k€15k▼
Amounts receivable within one year40/41€188€5k▲
Other amounts receivable41€188€5k▲
Cash at bank and in hand54/58€17k€10k▼
Equity and liabilities
Total equity and liabilities10/49€17k€15k▼
Equity10/15€11k€9k▼
Contributions10/11€7k€7k=
Reserves13€655€655=
Distributable reserves133€655€655=
Profit (loss) carried forward14€3k€1k▼
Amounts payable17/49€6k€6k▼
Amounts payable within one year42/48€6k€6k▼
Trade debts44-€442
Suppliers440/4-€442
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€3k€3k▼
Other amounts payable47/48€3k€3k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€184€184=
Gross operating margin9900€-1k€208▲
Operating profit (loss)9901€-2k€24▲
Financial charges65/66B€136€151▲
Recurring financial charges65€136€151▲
Profit (loss) for the period before taxes9903€-2k€-127▲
Income taxes67/77-€2k
Profit (loss) for the period9904€-2k€-2k▼
Profit (loss) for the period to be appropriated9905€-2k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€1k▼
Profit (loss) brought forward from the previous period14P€5k€3k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €16k ▲19.2%
Operating result €20k, net result €16k, both a record.
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ham-sur-Heure-Nalinnes · 1 establishment unit since 2021
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.
Rue Boulanger(MLT) 206120 Ham-sur-Heure-NalinnesGround area
1,502 m²
Building footprint
141 m²
Volume, LiDAR
797 m³
Parcel 56048B0591/00L000, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TBOX
since 20212.315.767.112
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56048B0591/00L000 | Wallonia | 1,502 m² | 1 · 141 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via establishment units: 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
VALEXAN
BE 1009.581.344
Tournai · Eq €9,538
TROCADEPOT
BE 0471.276.280
Ukkel · Eq €9,580
Comprotech
BE 1020.504.831
Brakel · Eq €8,636
Up-Concept
BE 0727.783.575
Arlon · Eq €9,611
EURODIS
BE 0464.677.213
Mouscron · Eq €9,787
Of 1,075 companies in sector 46140 we hold annual accounts for 644. 248 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
Founded17-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
46140Agents in the wholesale of industrial machinery, ships and aircraft
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.