Debts
€27,123 91% of the balance sheet
Suppliers 3%Taxes and wages 16%Other 81%
TIEST
Lifetime
3 annual accounts with figures on one time axispeak €2,886 (2025)
€2,886▲ €2,941
lowest -€1,006 (2024)
€622▲ €1,628
peak €3,207 (2023)
€2,823▲ 28.3%
€27,123▲ 140%
Board1 name since 2023
1 directorVerlinden Tinneke
Documentsfilings and deeds
22-07-20269 days before the deadline
2025micro format
Gross margin from -€56 to €2,886Back to profit: €622Equity from €2,201 to €2,823Debts from €11,297 to €27,123Investments €17,776Cash from €542 to €892
Key points
from the 2025 annual accountsInvestments
€17,776 46.2 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.43 was 1.12 in 2024
Short-term debts rose from €11,297 to €27,123.
Checked score
52
Fair
Financially stronger than 41% of micro companies in personal services (NACE 96)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 7,626 companies (NACE 96, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 0.9%● unchanged vs 12-2024lowest value
02-2025: 0.9%● unchanged vs 01-2025lowest value
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 1.0%▲ +0.1 percentage points vs 03-2025
05-2025: 1.1%▲ +0.1 percentage points vs 04-2025
06-2025: 1.1%● unchanged vs 05-2025
07-2025: 1.2%▲ +0.1 percentage points vs 06-2025
08-2025: 1.8%▲ +0.6 percentage points vs 07-2025
09-2025: 1.8%● unchanged vs 08-2025
10-2025: 1.8%● unchanged vs 09-2025
11-2025: 1.9%▲ +0.1 percentage points vs 10-2025
12-2025: 1.9%● unchanged vs 11-2025
01-2026: 1.9%● unchanged vs 12-2025
02-2026: 2.8%▲ +0.9 percentage points vs 01-2026
03-2026: 2.9%▲ +0.1 percentage points vs 02-2026
04-2026: 3.6%▲ +0.7 percentage points vs 03-2026
05-2026: 4.1%▲ +0.5 percentage points vs 04-2026
06-2026: 4.2%▲ +0.1 percentage points vs 05-2026highest value
07-2026: 4.1%▼ -0.1 percentage points vs 06-2026
08-2026: 2.6%▼ -1.5 percentage points vs 07-2026
09-2026: 2.6%● unchanged vs 08-2026
10-2026: 2.6%● unchanged vs 09-2026
11-2026: 2.6%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Founded in 2023
1 change of registered office in 24 months
Liquidity: current ratio 0.43, cash €892
lowers risk
Figures for financial year 2025 (filed on 22-07-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 96, micro). It does better than 36% of them on solvency, 6% on liquidity, 51% on profitability and 73% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,135 companies had the same profile as TIEST has now. Each dot stands for 6 companies, two years later.
92.0%
were still trading
2.3%
stopped another way
5.2%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TIEST itself: 2.6% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,135 companies, not a prediction for TIEST. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
9 days early
2024
1 day early
2023
5 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 5 days before the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Geel to Geel. Kievermondeveld
New registered office: 2440 Geel. Kievermondeveld 30 · Previous registered office: Kollegestraat 90, 2440 geel · Board meeting of 05-01-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1002476291
Incorporation
Founding capital of €2,750 · Founder: Verlinden Tinneke · Appointment: Verlinden Tinneke (director) · published on 23-11-2023 · Gazette deed
First establishment
Kievermondeveld 30, Geel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TIEST Geel | €29,946 | €2,886 | 9.4% | - |
| Direct Project Dilbeek | €31,315 | €2,931 | -7.7% | - |
| SKIN+ Mol | €34,069 | €4,007 | -47.5% | - |
| Beauty Concept by Sammy Kapellen | €39,166 | €4,804 | 33.8% | - |
| Glamour Mortsel | €35,796 | €2,950 | 14.8% | - |
| MHEARA Lokeren | €30,968 | €2,154 | 46.2% | - |
| L’Onglerie by Claudia Cerfontaine | €24,007 | €4,386 | -55.2% | - |
These companies have the same main activity as TIEST: beauty care and other beauty treatments (NACE 96220). They are comparable in size and age: total assets between €24,000 and €39,200, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 21-11-2023Normal situation
- Activity
- Beauty care and other beauty treatmentsNACE 96220and 2 others
- Establishment unit
- 2.353.557.8172440 Geel, since 21-11-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 22-04-2025
Annual accounts 2025
- ≈ €13,000estimated
- €29,946▲ 122%
- Filing
- Filed on 22-07-2026, 9 days before the end of the filing period
Insights on TIEST
TIEST files the micro format. That format states no turnover. The gross margin rose from €622 in 2023 to €2,886 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TIEST
- What is the company number of TIEST?
- The company number of TIEST is 1002.476.291. The VAT number is the same number with BE in front: BE 1002.476.291.
- Where is TIEST based?
- The registered office is at Kievermondeveld 30, 2440 Geel.Company details
- What does TIEST do?
- According to the KBO register, the main activity is beauty care and other beauty treatments (NACE 96220).
- What is the legal form of TIEST?
- TIEST is a private limited company (BV).
- When was TIEST founded?
- TIEST was founded on 21-11-2023.
- Is TIEST still active?
- Yes, TIEST is an active enterprise in the KBO register.
- What is the turnover of TIEST?
- The turnover in financial year 2025 is ≈ €13,000. This figure is estimated from the gross margin of €2,886 and 32 comparable companies (NACE 96220). It probably lies between €9,600 and €26,000. It is a rough estimate.Financials
- Is TIEST profitable?
- In financial year 2025, TIEST made a profit of €622.
- Where can I find the annual accounts of TIEST?
- TIEST filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TIEST due?
- TIEST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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