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TCPC

Active
Private limited companyfounded 2019active for 7 yearsJourdanstraat 14, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0720.883.412

The file of TCPC contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette.

Summary

The computed 12-month bankruptcy probability is at least 25% (high). The 2025 annual accounts show negative equity (-€74,005) and a net result of -€30,519. Equity remains stable across the filed financial years (±1% per year). Its solvency ranks better than 11% of 16,658 sector peers (NACE 56, financial year 2025).

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
2 sites
Size
€93,372total assets 2025
Staff
15.3 FTE
Equity
-€74,005
Loss
-€30,519
Turnover not published (micro format)
Financial health
8 Critical Checked score 2025
Bankruptcy probabilitywithin 12 months
≥ 25%
Structure
Accounts filed 2 days late1 of 4 deeds read
Why 8raises riskReorganisation plan being carried out (approved, Gazette 28-12-2023)Sector: Food and beverage service activities (NACE 56)1 change of registered office in 24 monthsNegative equity -€74,005Show the evidence

Checked score

Score 2025
8 / 100
Critical
Probability in this band: over 15.0%
Financially better than 12% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Weak
Solvency 0=
equity -79.3% of total assets
Liquidity 26+3
short-term debt 84.6% · cash 17.9%
Profitability 0-100
return on assets -32.7%
Bankruptcy probability, 12 months
≥ 25% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 3 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,767 companies, NACE 56, micro)
Last 24 months 11-2024: ≥ 25%highest value 12-2024: ≥ 25%● unchanged vs 11-2024highest value 01-2025: ≥ 25%● unchanged vs 12-2024highest value 02-2025: ≥ 25%● unchanged vs 01-2025highest value 03-2025: ≥ 25%● unchanged vs 02-2025 04-2025: ≥ 25%● unchanged vs 03-2025 05-2025: ≥ 25%● unchanged vs 04-2025 06-2025: ≥ 25%● unchanged vs 05-2025 07-2025: ≥ 25%● unchanged vs 06-2025 08-2025: ≥ 25%● unchanged vs 07-2025highest value 09-2025: ≥ 25%● unchanged vs 08-2025highest value 10-2025: ≥ 25%● unchanged vs 09-2025highest value 11-2025: ≥ 25%● unchanged vs 10-2025 12-2025: ≥ 25%● unchanged vs 11-2025 01-2026: ≥ 25%● unchanged vs 12-2025 02-2026: ≥ 25%● unchanged vs 01-2026 03-2026: ≥ 25%● unchanged vs 02-2026 04-2026: ≥ 25%● unchanged vs 03-2026 05-2026: ≥ 25%● unchanged vs 04-2026 06-2026: ≥ 25%● unchanged vs 05-2026 07-2026: ≥ 25%● unchanged vs 06-2026 08-2026: ≥ 25%● unchanged vs 07-2026 09-2026: ≥ 25%● unchanged vs 08-2026 10-2026: ≥ 25%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.97, compared with 1.27 in 2024, below 1; short-term debt: 84.6% and cash: 17.9% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 56, micro): better than 9% on solvency, 21% on liquidity, 8% on profitability and 11% on growth.

The bankruptcy probability was computed on 19-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises riskneutral
raises risk · Reorganisation plan being carried out (approved, Gazette 28-12-2023)
Belgian Official Gazette
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity -€74,005
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
202122232425
2020 to 2025 · latest year -€74,005
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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 · 6 filings
Deviation from the deadline
2025
2 days late
2024
on the day
2023
83 days late
2022
217 days late
2021
245 days late
2020
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 96 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 24 April (4 of the last 5 filed years within 134 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end20-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Appointment: François-Xavier DUFRASNE (director)Registered-office move · Purpose change…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€74,005 View
  • Caution: From profit to loss in 2025after €274,759 in 2024 -€30,519 View
  • Caution: Among the weakest 8% on equitysector median €28,994 · 16,688 companies -€74,005 View

By topic

Financials

Financial year
2025
Total assets
€93,372
Loss
-€30,519
Solvency
-79.3%
Total assets▼ 26.6%
Net result
20202025
Go to Financials

Timeline

Events
12
Since
2021
Next accounts
by 31-01-2027
  1. 30-06-2024Back to profit
  2. 23-04-2024Annual accounts filed
  3. 28-12-2023Plan homologation
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
19-02-2019
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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