For TCI RESEARCH, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €822,845 and a net result of €422,224. Equity is growing by about 60% per year across the filed financial years. Its solvency ranks better than 72% of 4,400 sector peers (NACE 70, financial year 2023). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
2024 accounts not filed, 452 days past the deadline4 of 8 deeds summarised
Signalsraises riskFigures for financial year 2023 (filed 09-09-2024)2 financial years not filed after the legal deadline; last filed accounts filed 36 days late; 1 of the last 3 lateTwo or more financial years not filedlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 9.31, cash €593,745neutralA punctual record breaksShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency98+6
equity 72.9% of total assets
Liquidity100+7
short-term debt 10.7% · cash 52.6%
Profitability100=
return on assets 37.4%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
0.7%Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.1% (48,443 companies, NACE 70, micro)
Last 24 months11-2024: 0.1%12-2024: 0.1%● unchanged vs 11-202401-2025: 0.1%● unchanged vs 12-2024lowest value02-2025: 0.1%● unchanged vs 01-202503-2025: 0.1%● unchanged vs 02-202504-2025: 0.1%● unchanged vs 03-202505-2025: 0.1%● unchanged vs 04-202506-2025: 0.1%● unchanged vs 05-202507-2025: 0.1%● unchanged vs 06-202508-2025: 0.2%▲ +0.1 percentage points vs 07-202509-2025: 0.3%▲ +0.1 percentage points vs 08-202510-2025: 0.4%▲ +0.1 percentage points vs 09-202511-2025: 0.4%● unchanged vs 10-202512-2025: 0.1%▼ -0.3 percentage points vs 11-202501-2026: 0.3%▲ +0.2 percentage points vs 12-202502-2026: 0.3%● unchanged vs 01-202603-2026: 0.3%● unchanged vs 02-202604-2026: 0.3%● unchanged vs 03-202605-2026: 0.3%● unchanged vs 04-202606-2026: 0.3%● unchanged vs 05-202607-2026: 0.3%● unchanged vs 06-202608-2026: 0.5%▲ +0.2 percentage points vs 07-202609-2026: 0.5%● unchanged vs 08-202610-2026: 0.7%▲ +0.2 percentage points vs 09-2026highest value
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2024 year end31-07-2025 deadline26-10-2026 today
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 05-09-2024, 36 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 3 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.