Tiché SRL
ActiveSummary
The computed 12-month bankruptcy probability of Tiché SRL is 4.7% (elevated). The 2024 annual accounts show equity of €14,355 and a net result of -€570. Equity is shrinking by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 39% of 26043 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2024
Axes · tick = 2023
Profitability61▼-29
Solvency45▼-2
Growth58=
Track record86
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.57 against 0.18 in 2023; short-term debt: 56.2% and cash: 23.6% of total assets), and 80.2% of the assets are financed with debt.
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Signals
Eight 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
19.8%
Return on assets
-0.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
92 d late
2022
205 d late
2021
26 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 96 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
UBO non-compliance
History
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Financials · fiscal year 2024, micro schema
Turnover
€66,476
EBIT margin
2.6%
Net result
-€570
2023 · €11,096
Working capital
-€17,713▲ 17.5%
2023 · -€21,460
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Turnover€66,476-
Operating result€1,720--€13,306€13,412€2,251▼ 83.2%
Net result-€1,147within the sector's middle half--€15,024below the sector's middle half▼ 1,210%€11,096within the sector's middle half-€570within the sector's middle half
EBIT margin2.6%-
Equity€18,853within the sector's middle half-€3,829within the sector's middle half▼ 79.7%€14,925within the sector's middle half▲ 290%€14,355within the sector's middle half▼ 3.8%
Total assets€101,092within the sector's middle half-€109,367within the sector's middle half▲ 8.2%€66,436within the sector's middle half▼ 39.3%€72,444within the sector's middle half▲ 9.0%
Debt€82,239-€105,538▲ 28.3%€51,511▼ 51.2%€58,088▲ 12.8%
Working capital-€25,983below the sector's middle half--€36,368below the sector's middle half▼ 40.0%-€21,460below the sector's middle half▲ 41.0%-€17,713below the sector's middle half▲ 17.5%
Solvency18.6%within the sector's middle half-3.5%below the sector's middle half▼ 15.1pp22.5%within the sector's middle half▲ 19.0pp19.8%within the sector's middle half▼ 2.6pp
Current ratio0.36below the sector's middle half-0.49below the sector's middle half▲ 0.130.18below the sector's middle half▼ 0.310.57below the sector's middle half▲ 0.38
Return on assets (ROA)-1.1%within the sector's middle half--13.7%below the sector's middle half▼ 12.6pp16.7%above the sector's middle half▲ 30.4pp-0.8%within the sector's middle half▼ 17.5pp
Staff (FTE)1.93▲ 57.9%0.8▼ 73.3%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 83% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €71,583
Fixed assets
€48,573 ▼ 20.0%
Current assets
€23,011 ▲ 388%
Equity and liabilities €72,444
Equity
€14,355 ▼ 3.8%
Debt
€58,088 ▲ 12.8%
Debt's share of the balance-sheet total rises from 77.5% to 80.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€14,537▼
2023 · €25,698
Cash flow
€11,716▼
2023 · €23,382
Debt to equity
4.05▲
2023 · 3.45
ROE
-4.0%▼
2023 · 74.3%
Interest coverage
5.15▼
2023 · 11.09
Debt ≤ 1 year
€40,723▲
2023 · €26,177
Debt > 1 year
€17,365▼
2023 · €25,333
Staff costs
€16,967▼
2023 · €36,398
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,548 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 91% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a small loss
4.3%
went bankrupt
3.9%
stopped otherwise
91%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,548 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Turnover70 | €66,476 | - | - | - | - |
| Remuneration, social security and pensions62 | €14,001 | €31,558 | €36,398 | €16,967 | ▼ 53.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €143 | €12,286 | €12,286 | €12,286 | = |
| Other operating charges640/8 | €1,358 | €13,293 | €1,544 | €2,314 | ▲ 49.9% |
| Gross operating margin9900 | €17,222 | €43,832 | €63,640 | €33,818 | ▼ 46.9% |
| Operating profit (loss)9901 | €1,720 | -€13,306 | €13,412 | €2,251 | ▼ 83.2% |
| Financial income75/76B | - | €58 | €1 | €1 | ▼ 10.5% |
| Recurring financial income75 | - | €58 | €1 | €1 | ▼ 10.5% |
| Financial charges65/66B | €2,867 | €1,776 | €2,317 | €2,822 | ▲ 21.8% |
| Recurring financial charges65 | €2,867 | €1,776 | €2,317 | €2,822 | ▲ 21.8% |
| Profit (loss) for the period before taxes9903 | -€1,147 | -€15,024 | €11,096 | -€570 | ▼ 105% |
| Profit (loss) for the period9904 | -€1,147 | -€15,024 | €11,096 | -€570 | ▼ 105% |
| Profit (loss) for the period to be appropriated9905 | -€1,147 | -€15,024 | €11,096 | -€570 | ▼ 105% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €101,092 | €109,367 | €66,436 | €72,444 | ▲ 9.0% |
| Formation expenses20 | €1,291 | €1,148 | €1,004 | €861 | ▼ 14.3% |
| Fixed assets21/28 | €85,000 | €72,857 | €60,715 | €48,573 | ▼ 20.0% |
| Intangible fixed assets21 | €85,000 | €72,857 | €60,715 | €48,573 | ▼ 20.0% |
| Current assets29/58 | €14,801 | €35,362 | €4,717 | €23,011 | ▲ 388% |
| Amounts receivable within one year40/41 | €12,555 | €29,336 | €1,936 | €5,689 | ▲ 194% |
| Trade receivables40 | €12,168 | €29,139 | €906 | €5,539 | ▲ 511% |
| Other amounts receivable41 | €387 | €197 | €1,030 | €150 | ▼ 85.4% |
| Cash at bank and in hand54/58 | €2,190 | €6,026 | €2,781 | €17,111 | ▲ 515% |
| Deferred charges and accrued income490/1 | €56 | - | - | €210 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €101,092 | €109,367 | €66,436 | €72,444 | ▲ 9.0% |
| Equity10/15 | €18,853 | €3,829 | €14,925 | €14,355 | ▼ 3.8% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€1,147 | -€16,171 | -€5,075 | -€5,645 | ▼ 11.2% |
| Amounts payable17/49 | €82,239 | €105,538 | €51,511 | €58,088 | ▲ 12.8% |
| Amounts payable after more than one year17 | €41,455 | €33,160 | €25,333 | €17,365 | ▼ 31.5% |
| Financial debts170/4 | €41,455 | €33,160 | €25,333 | €17,365 | ▼ 31.5% |
| Amounts payable within one year42/48 | €40,784 | €71,731 | €26,177 | €40,723 | ▲ 55.6% |
| Current portion of amounts payable after more than one year42 | €7,607 | €7,688 | €8,466 | €8,144 | ▼ 3.8% |
| Trade debts44 | €3,880 | €34,370 | €4,340 | €7,950 | ▲ 83.2% |
| Suppliers440/4 | €3,880 | €34,370 | €4,340 | €7,950 | ▲ 83.2% |
| Taxes, remuneration and social security45 | €74 | €792 | €441 | €356 | ▼ 19.3% |
| Taxes450/3 | - | - | - | €356 | - |
| Remuneration and social security454/9 | €74 | €792 | €441 | - | - |
| Other amounts payable47/48 | €29,223 | €28,880 | €12,929 | €24,273 | ▲ 87.7% |
| Accrued charges and deferred income492/3 | - | €647 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,147 | -€15,024 | €11,096 | -€570 | ▼ 105% |
| + Depreciation and write-downs630 | €143 | €12,286 | €12,286 | €12,286 | = |
| Operating cash flow (approximation) | -€1,004 | -€2,737 | €23,382 | €11,716 | ▼ 49.9% |
| Investment in fixed assets (approximation) | - | -€143 | -€143 | -€143 | = |
| Change in cash | - | €3,836 | -€3,246 | €14,331 | ▲ 542% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
07-06
KBO administration
UBO non-compliance
event 30-05-2024
21-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 205 days late
2023
31-12
Financial
Back to profitnet €11,096
Net result €11,096 after 2 loss-making years.
2022
31-12
Financial
Weakest financial yearnet -€15,024
Net result drops to -€15,024, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Musson · 2 establishment units since 2021
Ground area
1.5 ha
Building footprint
1,278 m²
Volume, LiDAR
15,916 m³
3 parcels, Wallonia · tallest building 19.1 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
Mister Frites
since 20212.311.419.631
Friterie de Vance
since 20232.340.016.716
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 81001A1525/00R000 | Wallonia | 1.3 ha | 1 · 964 m² | 19.1 m · 5 fl. |
| 85041B0227/00E000 | Wallonia | 2,465 m² | 1 · 139 m² | 8.7 m · 2 fl. |
| 85027A1035/00D000 | Wallonia | 244 m² | 1 · 176 m² | - |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteArlon2.311.419.631
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Of 3,823 companies in sector 47210 we hold annual accounts for 965. 651 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47210Retail sale of fruit and vegetables
56112Limited-service restaurants, excluding mobile food services
Contact
E-mail
info@mister-frites.com
Phone
+32474355187
E-invoicing
Reachable via Peppol
Peppol ID
0208:0756857544
Also
9925:BE0756857544
Registered
23-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.