TFF
The computed 12-month bankruptcy probability of TFF is 0.2% (very low). The 2025 annual accounts show equity of €188k and a net result of €-14k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 48% of 4702 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €188k |
| Net result | €-14k |
| Better than sector | 48% |
| Active | 13 yrs |
Strong profile, led by stability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 52.2% | 55.4% | |
| Net result | €-14k | €38k | |
| Equity | €188k | €64k | |
| Gross operating margin | €-10k | €61k | |
| Total assets | €360k | €145k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-14k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €714 |
| Dividends | - |
| Total assets | €360k |
| Equity | €188k |
| Debt | €172k |
| of which ≤ 1y | €172k |
| of which > 1y | - |
| Working capital | €188k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 2.09 |
| Quick ratio | 2.09 |
| Working capital ratio | 52.2% |
| Solvency | 52.2% |
| Debt / equity | 0.91 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -3.9% |
| ROE | -7.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €360k |
| Current assets | 29/58 | €360k |
| Investments | 50/53 | €262k |
| Cash & bank | 54/58 | €97k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €360k |
| Equity | 10/15 | €188k |
| Contributions / capital | 10/11 | €50k |
| Reserves | 13 | €138k |
| Amounts payable | 17/49 | €172k |
| Amounts payable within one year | 42/48 | €172k |
| Trade debts payable within one year | 44 | €381 |
| Income statement | ||
| Gross operating margin | 9900 | €-10k |
| Operating result | 9901 | €-12k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €4k |
| Result before taxes | 9903 | €-13k |
| Income taxes | 67/77 | €714 |
| Net result for the period | 9904 | €-14k |
| Result to be appropriated | 9905 | €-14k |
| NACE primary | Head offices & management consulting(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 03-12-2012 |
| Status | Active |
| Postal code | 9052 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44082B0303/00D004 | Flanders | 298 m² | 1 · 87 m² | 9.5 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
21-02-2024 2 directors appointed
- Hugo Lievens, Bestuurder
- Vincent Lievens, Bestuurder
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Hugo Lievens",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Vincent Lievens",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "decharge_pending",
"role": null,
"person": null,
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering zal op de volgende jaarvergadering beslissen over de kwijting aan de ontslagnemende zaakvoerders voor de uitoefening van hun mandaat.",
"decharge_status": "pending_next_agm",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "correction",
"role": null,
"person": null,
"reason": null,
"subkind": "rectification",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Alessandro Wibo",
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-02-21",
"filing_date": "2024-02-19",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-10-31",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0501.829.203",
"name_full": "TFF",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"uitgifte van proces-verbaal",
"geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}25-03-2022 Lievens Eline resigns as director
- Lievens Eline, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Lievens Eline",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": null,
"via_org": null,
"statutory": "statutair",
"compensated": null,
"effective_date": "2022-01-31",
"evidence_quote": "De bijzondere algemene vergadering neemt kennis van het schrijven dd. 15 januari 2022 van mevrouw Lievens Eline waarbij zij haar ontslag als bestuurder van de vennootschap indient en verzoekt haar mandaat stop te zetten op 31/01/2022.",
"decharge_status": null,
"mandate_duration": {
"kind": "until_date",
"value": "2022-01-31"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "decharge_granted",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Lievens Eline",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "De bijzondere algemene vergadering keurt het ontslag van mevrouw Lievens Eline goed.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": "2022-03-17",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2022-01-25",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0501.829.203",
"name_full": "TFF",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Johan Dewaele",
"org_rep_person_name": null,
"person_role_at_subject": "Lasthebber"
},
"co_filed_documents": [
"Annexes du Moniteur belg\u0435"
],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | TFF |