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TBSCG Belgium

Active
Private limited companyfounded 2014active for 12 yearsTerhulpsesteenweg 185, 1170 Watermaal-Bosvoorde, Belgium170 active companies are registered at this addressKBO/BCE: BE 0545.988.848

From the official registers: KBO 12 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

TBSCG Belgium has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€632,401) and a net result of -€96,036. Equity has been growing by about 3.1% per year since 2018. Its solvency ranks better than 5% of 3,387 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Official details

KBO
Status
Active since 12-02-2014 Normal situation
Legal form
Private limited company
Registered office
Terhulpsesteenweg 185, 1170 Watermaal-Bosvoorde
Activity
Computer programming NACE 62100
Establishment unit
2.232.484.989 1020 Brussel, since 12-02-2014
Financial year end
31 December
Peppol
Reachable since 08-01-2026

Board and ownership

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Annual accounts 2025
Gross margin
€141,636
▼ 39.3%
Turnover
≈ €230,000
estimated
Loss
€96,036
Equity
-€632,401
▼ 17.9%
Total assets
€323,166
▼ 57.3%
Staff
2 FTE
=
2025 accounts filed 17 days before the deadline
Filed on 14-07-2026at the National Bank
Score breakdownraises riskCapped at 59: negative equityNegative equity -€632,401Loss of €96,036 (financial year 2025)lowers riskLiquidity: current ratio 0.32, cash €154,626Sector: Computer programming, consultancy and related activities (NACE 62)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 15% of micro companies in computer programming and consultancy (NACE 62)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -195.7% of total assets
Liquidity 50+24
short-term debt 295.7% · cash 47.8%
Profitability 0-72
return on assets -29.7%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,908 companies, NACE 62, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 1.0%▲ +0.2 percentage points vs 06-2025 08-2025: 1.2%▲ +0.2 percentage points vs 07-2025 09-2025: 0.5%▼ -0.7 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.6%▲ +0.1 percentage points vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.5%▼ -0.1 percentage points vs 04-2026lowest value 06-2026: 0.6%▲ +0.1 percentage points vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 1.4%▲ +0.8 percentage points vs 07-2026highest value 09-2026: 1.4%● unchanged vs 08-2026highest value 10-2026: 1.4%● unchanged vs 09-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.32 (0.57 in 2024), below 1. Short-term debt is 295.7% and cash 47.8% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 62, micro). It does better than 3% of them on solvency, 27% on liquidity, 5% on profitability and 26% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€632,401
NBB · annual accounts
raises risk · Loss of €96,036 (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.32, cash €154,626
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€632,401
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 days early
2024
29 days late
2023
29 days late
2022
30 days late
2021
31 days late
2020
88 days late
2019
90 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 40 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€632,401 View
  • Caution: From profit to loss in 2025after a profit of €18,488 in 2024 -€96,036 View
  • Caution: Lower solvency than 95% of companies in computer programming and consultancysector median 46.4% · 3,387 companies -195.7% View

Documents

Annual accounts at the NBB

All 12 annual accounts

Articles and registers

Key facts about TBSCG Belgium

What is the company number of TBSCG Belgium?
The company number of TBSCG Belgium is 0545.988.848. The VAT number is the same number with BE in front: BE 0545.988.848.
Where is TBSCG Belgium based?
The registered office is at Terhulpsesteenweg 185, 1170 Watermaal-Bosvoorde.Company details
What does TBSCG Belgium do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of TBSCG Belgium?
The legal form of TBSCG Belgium is Private limited company (BV).
When was TBSCG Belgium founded?
TBSCG Belgium was founded on 12-02-2014.
Is TBSCG Belgium still active?
Yes, TBSCG Belgium is an active enterprise in the KBO register.
How many employees does TBSCG Belgium have?
TBSCG Belgium had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of TBSCG Belgium?
The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €141,636 and 45 comparable companies (NACE 62100). It probably lies between €190,000 and €330,000.
Is TBSCG Belgium profitable?
In financial year 2025, TBSCG Belgium made a loss of €96,036.
Where can I find the annual accounts of TBSCG Belgium?
TBSCG Belgium filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of TBSCG Belgium due?
TBSCG Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as TBSCG Belgium: computer programming (NACE 62100). They are comparable in size and age: total assets between €309,000 and €386,000, founded between 2009 and 2016.

CompanyTotal assetsGross margin
TBSCG Belgium Watermaal-Bosvoorde€323,166€141,636
FEDERATE Schaarbeek€365,333€190,287
OVERLOOP Etterbeek€340,815€164,306
Vertigo creative studio Antwerpen€333,548€115,468
METYS Sint-Lievens-Houtem€351,054€129,782
AULIVE Software Ieper€308,863€151,604
GAPWORKS Maldegem€386,160€134,120
Full comparison

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