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TBSN

Active
Private limited companyfounded 2013active for 13 yearsSingel 5, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0536.979.924
Summary

TBSN has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,260 and a net result of -€3,792. Equity has been growing by about 57% per year since 2019. Its solvency ranks better than 42% of 22,774 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

Source: KBO
Status
Active since 29-07-2013 Normal situation
Activity
Retail sale of other second-hand goods, excluding clothing NACE 47793and 1 other
Establishment unit
2.220.910.911 9100 Sint-Niklaas, since 29-07-2013
Financial year end
31 March
Peppol
Reachable since 16-10-2025

Board and ownership

Financial position

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts to 31-03-2025
Gross margin
€97,651
▼ 1.5%
Turnover
≈ €470,000
estimated
Loss
€3,792
Equity
€31,260
▼ 10.8%
Total assets
€131,314
▲ 1.6%
Staff
≈ 1.5 FTE
estimated
  • 2026 accounts not filed, 3 days past the deadline
Score breakdownraises riskFigures for financial year 2025 (filed on 12-11-2025)lowers riskSize: total assets €131,314Founded in 2013Liquidity: current ratio 1.94, cash €22,499Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 37% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Average
Solvency 49-3
equity 23.8% of total assets
Liquidity 48-4
short-term debt 47.5% · cash 17.1%
Profitability 46-51
return on assets -2.9%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,281 companies, NACE 47, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025lowest value 06-2025: 0.3%● unchanged vs 05-2025lowest value 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025 11-2025: 0.6%▲ +0.2 percentage points vs 10-2025 12-2025: 0.4%▼ -0.2 percentage points vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.7%▲ +0.3 percentage points vs 09-2026 11-2026: 0.8%▲ +0.1 percentage points vs 10-2026highest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.94 (2.05 in 2024), above the usual 1.5. Short-term debt is 47.5% and cash 17.1% of total assets. However, 76.2% of the assets are financed with debt and provisions.
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 47, micro). It does better than 39% of them on solvency, 48% on liquidity, 34% on profitability and 26% on growth.

The bankruptcy probability was computed on 03-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Figures for financial year 2025 (filed on 12-11-2025)
NBB · annual accounts
lowers risk · Size: total assets €131,314
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2013
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.94, cash €22,499
NBB · annual accounts
raises risk · 2025 accounts filed 11 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 11-11-2025, 11 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
11 days late
2024
18 days late
2023
12 days late
2022
20 days late
2021
5 days late
2020
29 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 16 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Resignation: HENDRICKX Steven Pierre Gustaaf (director)Reappointment: HENDRICKX Steven Pierre Gustaaf (director)
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as TBSN: retail sale of other second-hand goods, excluding clothing (NACE 47793). They are comparable in size and age: total assets between €93,600 and €185,000, founded between 2008 and 2013.

CompanyTotal assetsGross margin
TBSN Sint-Niklaas€131,314€97,651
WELCOME GALLERY Brussel€142,177€106,870
Maxitroc Marche-en-Famenne€185,252€74,509
Optimism Ukkel€93,723€148,164
BRUKIM Braine-l'Alleud€149,336€79,332
COSTA CONCEPT Jemeppe-sur-Sambre€93,606€92,549
BOMBAY-PEKIN Brussel€133,456€195,689
Full comparison

Key facts about TBSN

What is the company number of TBSN?
The company number of TBSN is 0536.979.924. The VAT number is the same number with BE in front: BE 0536.979.924.
Where is TBSN based?
The registered office is at Singel 5, 9100 Sint-Niklaas.Company details
What does TBSN do?
According to the KBO register, the main activity is retail sale of other second-hand goods, excluding clothing (NACE 47793).
What is the legal form of TBSN?
The legal form of TBSN is Private limited company (BV).
When was TBSN founded?
TBSN was founded on 29-07-2013.
Is TBSN still active?
Yes, TBSN is an active enterprise in the KBO register.
How many employees does TBSN have?
TBSN had an average of 1 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
What is the turnover of TBSN?
The turnover in financial year 2025 is ≈ €470,000. This figure is estimated from the gross margin of €97,651 and 44 comparable companies (NACE 477). It probably lies between €250,000 and €650,000.
Is TBSN profitable?
In financial year 2025, TBSN made a loss of €3,792.
Where can I find the annual accounts of TBSN?
TBSN filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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