Losses
-€216,639 in twelve years
Every financial year from 2014 to 2025 closed with a loss. 2014 was the heaviest.
TBS
Lifetime
20 annual accounts with figures on one time axis, 39 filings since 1987peak €185,040 (2012)
€144,130▲ 3.3%
lowest -€127,297 (2010)
-€10,744▲ €431
peak €1.1m (2013)
€700,175▼ 1.5%
€808,600▲ 0.8%
Board4 names since 2017
1 director
Owners6 names in the annual accounts
99.99% and 1 other
Documentsfilings and deeds
19-08-202619 days late
2025financial year
Loss of €10,744Cash from €136,480 to €189,281
Key points
from the 2025 annual accountsPayment terms
191 days to suppliers
TBS pays its suppliers 37 days later than in 2024. Customers pay 1 day later.
Filings
39 annual accounts since 1987
Ten of the last ten came late. The 2020 accounts came latest: 121 days after the end of the period.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 8,609 companies had the same profile as TBS has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 8,609 companies, not a prediction for TBS. 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.
Credit verdict
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Signals
Board and ownership
Director
- 99.99%annual accounts 2025
- consolidatesannual accounts 2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0431323564
Amendment of the articles
General meeting of 07-03-2024 · Gazette deed
2 directors resigning, 1 reappointment
Resignations: (director) and · Reappointment: · Permanent representative: · General meeting of 19-04-2023 · Gazette deed
1 director appointed, 2 reappointments
Reappointments: and · Appointment: (managing director) · Permanent representative: · General meeting of 19-05-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TBS Etterbeek | €144,130 | -2.2% | 42.1% | - |
| PARFIP Uccle | €145,997 | -40.2% | -71.8% | - |
| GEFA-IMMO Bocholt | €54,018 | 80.7% | 13.8% | - |
| H.K.V. Oil Wommelgem | €450,756 | 1.0% | 71.6% | - |
| FEESTVERLICHTING Olen | €138,115 | 3.5% | 95.5% | - |
| KALAS-RijnKAT Evergem | €92,822 | 17.4% | 14.8% | - |
| Le Métropole - Maison du peuple de Hesbaye Waremme | €75,185 | -72.0% | 92.5% | - |
Grey: the largest companies of the sector (rental and leasing (NACE 77)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as TBS: renting and leasing of other machinery, equipment and tangible goods (NACE 77399). They are comparable in size and age: total assets between €496,000 and €1.8m, founded between 1948 and 2006.
Official details
Source: KBO- Status
- Active since 03-06-1987Normal situation
- Activity
- Renting and leasing of other machinery, equipment and tangible goodsNACE 77399
- Establishment unit
- 2.030.857.5247500 Tournai, since 22-06-1987
- Financial year end
- 31 December
- Peppol
- Reachable since 14-01-2026
Insights on TBS
TBS has existed since 1987. In 2012 turnover rose from €6,000 to €185,040.
Turnover has grown every year since 2018.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TBS
- What is the company number of TBS?
- The company number of TBS is 0431.323.564. The VAT number is the same number with BE in front: BE 0431.323.564.
- Where is TBS based?
- The registered office is at Louis Schmidtlaan 26, 1040 Etterbeek.Company details
- What does TBS do?
- According to the KBO register, the main activity is renting and leasing of other machinery, equipment and tangible goods (NACE 77399).
- What is the legal form of TBS?
- TBS is a public limited company (NV).
- When was TBS founded?
- TBS was founded on 03-06-1987.
- Is TBS still active?
- Yes, TBS is an active enterprise in the KBO register.
- What is the turnover of TBS?
- The turnover of TBS was €144,130 in financial year 2025, according to the filed annual accounts.Financials
- Is TBS profitable?
- In financial year 2025, TBS made a loss of €10,744.
- Where can I find the annual accounts of TBS?
- TBS filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TBS due?
- TBS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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