TICOX
ActiveThe computed 12-month bankruptcy probability of TICOX is 3.7% (moderate). The 2024 annual accounts show equity of €133k and a net result of €39k. Equity is growing by ~21.1% per year across the filed fiscal years. Its solvency ranks better than 71% of 18938 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
100
/ 100
Excellent▲ +6 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency97▲+19
Growth52=
Stability94
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 1.99 against 1.59 in 2023), and 45.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
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 20-05-2025, 72 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
72 d early
2023
70 d early
2022
27 d early
2021
9 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€133k▲ 25.3%
2023 · €106k
2021: €83k
2022: €73k
2023: €106k
2021 → 2024
Total assets
€245k▼ 2.0%
2023 · €250k
2021: €298k
2022: €247k
2023: €250k
2021 → 2024
Net result
€39k▲ 18.8%
2023 · €33k
2021: €63k
2022: €-10k
2023: €33k
2021 → 2024
Working capital
€88k▲ 72.4%
2023 · €51k
2021: €40k
2022: €16k
2023: €51k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€83k-€73k▼ 11.5%€106k▲ 44.3%€133k▲ 25.3%
Operating result€83k-€-6k€42k€51k▲ 23.1%
Net result€63k-€-10k€33k€39k▲ 18.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 23% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €245k
Fixed assets
€70k▼ 38.5%
Current assets
€176k▲ 28.0%
Equity and liabilities €245k
Equity
€133k▲ 25.3%
Debt
€112k▼ 22.1%
The debt ratio falls from 57.7% to 45.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€106k▲
2023 · €93k
Cash flow
€93k▲
2023 · €83k
Solvency
54.1%▲
2023 · 42.3%
Current ratio
1.99▲
2023 · 1.59
Quick ratio
1.63▲
2023 · 1.39
Debt / equity
0.85▼
2023 · 1.36
ROE
29.1%▼
2023 · 30.7%
ROA
15.7%▲
2023 · 13.0%
Interest coverage
52.95▲
2023 · 41.20
Debt
€112k▼
2023 · €144k
Debt ≤ 1 year
€88k▲
2023 · €86k
Debt > 1 year
€23k▼
2023 · €58k
Income taxes
€11k▲
2023 · €7k
Staff costs
€265k▲
2023 · €252k
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€250k€245k▼
Fixed assets21/28€113k€70k▼
Intangible fixed assets21€10k€5k▼
Tangible fixed assets22/27€103k€65k▼
Plant, machinery and equipment23€10k€6k▼
Furniture and vehicles24€87k€48k▼
Other tangible fixed assets26€7k€11k▲
Current assets29/58€137k€176k▲
Stocks and contracts in progress3€17k€32k▲
Stocks30/36€17k€32k▲
Amounts receivable within one year40/41€13k€10k▼
Trade receivables40€3k€3k▲
Other amounts receivable41€10k€6k▼
Cash at bank and in hand54/58€103k€130k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€250k€245k▼
Equity10/15€106k€133k▲
Contributions10/11€20k€20k=
Reserves13€30k€30k=
Distributable reserves133€30k€30k=
Profit (loss) carried forward14€56k€83k▲
Amounts payable17/49€144k€112k▼
Amounts payable after more than one year17€58k€23k▼
Financial debts170/4€58k€23k▼
Amounts payable within one year42/48€86k€88k▲
Current portion of amounts payable after more than one year42€38k€39k▲
Financial debts43-€3k
Credit institutions430/8-€3k
Trade debts44€21k€18k▼
Suppliers440/4€21k€18k▼
Taxes, remuneration and social security45€25k€27k▲
Taxes450/3€8k€9k▲
Remuneration and social security454/9€18k€18k▲
Other amounts payable47/48€2k€610▼
Accrued charges and deferred income492/3€116€988▲
Income statement
Code20232024
Remuneration, social security and pensions62€252k€265k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€54k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€347k€373k▲
Operating profit (loss)9901€42k€51k▲
Financial income75/76B€25€1▼
Recurring financial income75€25€1▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€40k€49k▲
Income taxes67/77€7k€11k▲
Profit (loss) for the period9904€33k€39k▲
Profit (loss) for the period to be appropriated9905€33k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€56k€95k▲
Profit (loss) brought forward from the previous period14P€23k€56k▲
Profit to be distributed694/7-€12k
Return on contributions (dividend)694-€12k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
31-12
Financial
Equity above €100kEq €106k ▲44.3%
Equity rises from €73k to €106k.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-10k ▼115%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · 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, Koksijde · 1 establishment unit since 2021
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.
Zeedijk(Kok) 4618670 KoksijdeGround area
212 m²
Building footprint
212 m²
Volume, LiDAR
4,245 m³
Parcel 38502G0056/00_000, Flanders · tallest building 26.8 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
De Barkentijn
since 20212.309.548.422
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38502G0056/00_000 | Flanders | 212 m² | 1 · 212 m² | 26.8 m · 8 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
Food safety, FASFC
1 siteKoksijde2.309.548.422
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BE 0862.266.652
Knokke-Heist · Eq €133k
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AU PROVENCAL
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Of 20,234 companies in sector 56111 we hold annual accounts for 11,312. 9,134 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-11-2020
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:barkentijn.odk@gmail.com