TI-JO TECHNICS
ActiveThe computed 12-month bankruptcy probability of TI-JO TECHNICS is 2.8% (moderate). The 2024 annual accounts show equity of €78k and a net result of €-1k. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 53% of 36373 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability66▼-1
Solvency74▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 2.5 against 2.18 in 2023; short-term debt: 24.2% and cash: 5.4% of total assets), but 51.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
48.9%
Return on assets
-0.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
33 d early
2022
33 d early
2021
22 d early
2020
22 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€78k▼ 1.8%
2023 · €79k
2020: €60k
2021: €50k
2022: €79k
2023: €79k
2020 → 2024
Total assets
€159k▼ 16.1%
2023 · €189k
2020: €147k
2021: €157k
2022: €167k
2023: €189k
2020 → 2024
Net result
€-1k▼ 803%
2023 · €-160
2020: €50k
2021: €-9k
2022: €29k
2023: €-160
2020 → 2024
Working capital
€58k▼ 1.3%
2023 · €59k
2020: €50k
2021: €38k
2022: €68k
2023: €59k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€60k-€50k▼ 15.9%€79k▲ 57.9%€79k▼ 0.2%€78k▼ 1.8%
Operating result€64k-€-9k€43k€2k▼ 95.3%€2k▲ 19.7%
Net result€50k-€-9k€29k€-160€-1k▼ 803%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 20% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €159k
Fixed assets
€63k▼ 23.0%
Current assets
€96k▼ 10.9%
Equity and liabilities €159k
Equity
€78k▼ 1.8%
Debt
€81k▼ 26.4%
The debt ratio falls from 58.2% to 51.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€21k▲
2023 · €10k
Cash flow
€17k▲
2023 · €8k
Solvency
48.9%▲
2023 · 41.8%
Current ratio
2.50▲
2023 · 2.18
Quick ratio
1.07▲
2023 · 1.01
Debt / equity
1.05▼
2023 · 1.39
ROE
-1.9%▼
2023 · -0.2%
ROA
-0.9%▼
2023 · -0.1%
Interest coverage
5.85▲
2023 · 5.79
Debt
€81k▼
2023 · €110k
Debt ≤ 1 year
€38k▼
2023 · €50k
Debt > 1 year
€43k▼
2023 · €61k
Income taxes
€237▼
2023 · €449
Staff costs
€46k▲
2023 · €46k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€189k€159k▼
Fixed assets21/28€81k€63k▼
Tangible fixed assets22/27€81k€63k▼
Furniture and vehicles24€43k€7k▼
Leasing and similar rights25€38k€56k▲
Current assets29/58€108k€96k▼
Stocks and contracts in progress3€58k€55k▼
Stocks30/36€58k€55k▼
Amounts receivable within one year40/41€45k€32k▼
Trade receivables40€42k€24k▼
Other amounts receivable41€3k€8k▲
Cash at bank and in hand54/58€4k€9k▲
Deferred charges and accrued income490/1€591€823▲
Equity and liabilities
Total equity and liabilities10/49€189k€159k▼
Equity10/15€79k€78k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€69k€68k▼
Amounts payable17/49€110k€81k▼
Amounts payable after more than one year17€61k€43k▼
Financial debts170/4€61k€43k▼
Amounts payable within one year42/48€50k€38k▼
Current portion of amounts payable after more than one year42€17k€18k▲
Trade debts44€13k€6k▼
Suppliers440/4€13k€6k▼
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€2k€2k▼
Remuneration and social security454/9€2k€3k▲
Other amounts payable47/48€15k€9k▼
Income statement
Code20232024
Remuneration, social security and pensions62€46k€46k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€19k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€58k€70k▲
Operating profit (loss)9901€2k€2k▲
Financial income75/76B€42€2▼
Recurring financial income75€42€2▼
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€289€-1k▼
Income taxes67/77€449€237▼
Profit (loss) for the period9904€-160€-1k▼
Profit (loss) for the period to be appropriated9905€-160€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€69k€68k▼
Profit (loss) brought forward from the previous period14P€69k€69k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
09-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-9k ▼119%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Evergem · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Schildekenstraat 909940 EvergemGround area
822 m²
Building footprint
152 m²
Volume, LiDAR
876 m³
Parcel 43006I0349/00P000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TI-JO TECHNICS
since 20192.295.586.459
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43006I0349/00P000 | Flanders | 821 m² | 1 · 152 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
TEN BELLINCK
BE 0735.371.945
Lierde · Eq €78k
SynerTech
BE 0686.595.791
Beaumont · Eq €78k
ECO-CLIM BELGIUM
BE 0804.644.989
Geraardsbergen · Eq €78k
BEN M'EAU
BE 1006.141.804
Brunehaut · Eq €78k
GENIUS TECHNICAL MAINTENANCE
BE 0647.791.932
Sint-Jans-Molenbeek · Eq €78k
Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,831 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-11-2019
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
33110Repair and maintenance of fabricated metal products
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.