TIBORG CONSULT
ActiveSummary
TIBORG CONSULT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-38k) and a net result of €88k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▲+14
Solvency0▼-31
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.12 against 1.0 in 2024; short-term debt: 87.7% and cash: 50.6% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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 2025Solvency, return and age of the figures
Solvency
-26.3%
Return on assets
61.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 17043 sector peers (2025).
NBB · sector comparisonPosition among 17043 sector peers
Solvency
better than 6%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
27 d late
2024
25 d late
2023
1 d early
2022
1 d early
2021
on the day
2020
33 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-38k
2024 · €4k
2019: €-50k
2020: €-72k
2021: €80k
2022: €12k
2023: €4k
2024: €4k
2019 → 2025
Total assets
€143k▲ 135%
2024 · €61k
2019: €44k
2020: €23k
2021: €108k
2022: €200k
2023: €143k
2024: €61k
2019 → 2025
Net result
€88k▲ 99.8%
2024 · €44k
2019: €-64k
2020: €-22k
2021: €153k
2022: €95k
2023: €164k
2024: €44k
2019 → 2025
Working capital
€15k
2024 · €-44
2019: €-71k
2020: €-91k
2021: €67k
2022: €-85
2023: €-358
2024: €-44
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€80k-€12k▼ 84.5%€4k▼ 65.3%€4k▼ 9.4%€-38k
Operating result€152k-€165k▲ 8.3%€242k▲ 46.5%€112k▼ 53.9%€150k▲ 34.2%
Net result€153k-€95k▼ 37.7%€164k▲ 72.8%€44k▼ 73.0%€88k▲ 99.8%
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 2025; 2025 is 34% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €143k
Fixed assets
€3k ▼ 27.4%
Current assets
€140k ▲ 146%
Key figures and ratios
EBITDA
€151k▲
2024 · €114k
Cash flow
€90k▲
2024 · €47k
Solvency
-26.3%▼
2024 · 6.4%
Current ratio
1.12▲
2024 · 1.00
Debt to equity
-3.34▼
2024 · 14.64
ROA
61.7%▼
2024 · 72.6%
Interest coverage
4.26▲
2024 · 2.50
Debt
€126k▲
2024 · €57k
Debt ≤ 1 year
€126k▲
2024 · €57k
Income taxes
€26k▲
2024 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€61k€143k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23€418-
Furniture and vehicles24€2k€2k▼
Other tangible fixed assets26€1k€1k▼
Financial fixed assets28€25€25=
Current assets29/58€57k€140k▲
Amounts receivable within one year40/41€43k€67k▲
Trade receivables40€43k€46k▲
Other amounts receivable41€1€21k▲
Cash at bank and in hand54/58€12k€73k▲
Deferred charges and accrued income490/1€1k€430▼
Equity and liabilities
Total equity and liabilities10/49€61k€143k▲
Equity10/15€4k€-38k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€3k€-39k▼
Provisions and deferred taxes16-€55k
Provisions for liabilities and charges160/5-€55k
Other liabilities and charges164/5-€55k
Amounts payable17/49€57k€126k▲
Amounts payable within one year42/48€57k€126k▲
Trade debts44€946€538▼
Suppliers440/4€946€538▼
Taxes, remuneration and social security45€18k€15k▼
Taxes450/3€18k€15k▼
Other amounts payable47/48€38k€111k▲
Accrued charges and deferred income492/3-€12
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€55k
Other operating charges640/8€289€868▲
Non-recurring operating charges66A-€3k
Gross operating margin9900€114k€210k▲
Operating profit (loss)9901€112k€150k▲
Financial income75/76B-€305
Recurring financial income75-€305
Financial charges65/66B€45k€36k▼
Recurring financial charges65€45k€36k▼
Profit (loss) for the period before taxes9903€66k€114k▲
Income taxes67/77€22k€26k▲
Profit (loss) for the period9904€44k€88k▲
Profit (loss) for the period to be appropriated9905€44k€88k▲
Appropriation of the result
Profit (loss) to be appropriated9906€48k€91k▲
Profit (loss) brought forward from the previous period14P€3k€3k▼
Profit to be distributed694/7€45k€130k▲
Return on contributions (dividend)694€45k€130k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2019net €164k ▲72.8%
Operating result €242k, net result €164k, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €153k
Net result €153k after 2 loss-making years.
30-06
Financial
Liquidity times 79current ratio 3.37
Current ratio from 0.04 to 3.37; short-term debt falls from €95k to €28k.
2020
29-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
14-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2017
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.
André Rappegaarde 241200 Sint-Lambrechts-WoluweGround area
248 m²
Building footprint
75 m²
Volume, LiDAR
823 m³
Parcel 21018B0177/00X003, Brussels · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Tiborg Consult
since 20172.263.424.724
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21018B0177/00X003 | Brussels | 248 m² | 1 · 75 m² | 14.8 m · 4 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.
Recognitions · licences · registrations
Legal Entity Identifier
549300VJS8C00GLMLO64
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Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 5,124 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-04-2017
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.