Financials
- Fiscal year
- 2025
- Total assets
- €31,806
- Loss
- -€16,522
- Solvency
- -134.6%
Total assets▼ 6.4%
Net result
20192025
TIBO
ActiveSummary
TIBO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€42,823) and a net result of -€16,522. Equity is shrinking by ~7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Activity
Activity not known1 site
Size
€31,806total assets 2025
- Equity
- -€42,823
- Loss
- -€16,522
Turnover not published (abridged schema)
Structure
Accounts 3 d early0 of 1 deed read
Why 53Capped at 59: negative equity- Negative equity -€42,823- Loss of €16,522 (FY 2025)+ Size: total assets €31,806+ Founded in 2003Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 8% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency
0=
equity -134.6% of total assets
Liquidity
29-5
short-term debt 234.6% · cash 23.3%
Profitability
0-100
return on assets -51.9%
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 8 months
03-2026: 0.6%lowest value
04-2026: 0.6%▲ +10.4% vs 03-2026
05-2026: 1.0%▲ +63.5% vs 04-2026highest value
06-2026: 1.0%● 0.0% vs 05-2026highest value
07-2026: 1.0%● 0.0% vs 06-2026highest value
08-2026: 1.0%● 0.0% vs 07-2026highest value
09-2026: 1.0%● 0.0% vs 08-2026highest value
10-2026: 1.0%▼ -1.0% vs 09-2026
- Size: total assets €31,806 lowers the probability for this profile
- Negative equity -€42,823 raises the probability
- Loss of €16,522 (FY 2025) raises the probability
- Founded in 2003 lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.1 against 0.15 in 2024; short-term debt: 234.6% and cash: 23.3% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 5%, liquidity 16%, profitability 4%, growth against the median 7%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€42,823
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
86 d early
2023
68 d early
2022
82 d early
2021
110 d late
2020
64 d early
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 28 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 22 February (4 of the last 5 filed years within 64 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close02-10-2026 today30-04-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet -€16,522
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 12
- Since
- 2017
- Next accounts
- by 30-04-2027
- 27-04-2026Annual accounts filed
- 30-09-2025Weakest financial year
- 03-02-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Founded
- 13-01-2003
- Year ends
- 30-09
- Peppol
- Not found in the Peppol directory
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