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TILES ART

Active
Private limited companyfounded 20223 years activeBergensesteenweg 24, 1600 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 0792.273.729
Summary

The computed 12-month bankruptcy probability of TILES ART is 4.7% (elevated). The 2024 annual accounts show equity of €63,724 and a net result of €44,710. Its solvency ranks better than 67% of 36,395 sector peers (NACE 43, fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
€173,876turnover 2024
Equity
€63,724
Profit
€44,710
Financial health
41 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.7%
Structure
Accounts 70 days overdue0 of 1 deed read
Why 41- Size: turnover €173,876, total assets €103,280- Founded in 2022- 1 financial year not filed after the legal deadline; latest accounts 50 days late; 1 of the last 3 late- Figures for FY 2024 (filed 24-09-2025)Show the evidence

Checked score

Score 2024
41 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 73% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Strong
Solvency 87-10
equity 61.7% of total assets
Liquidity 48-15
short-term debt 20.1% · cash 3.3%
Profitability 100=
return on assets 43.3%
Bankruptcy probability, 12 months
4.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,532 companies)
Last 24 months 11-2024: 1.3%lowest value 12-2024: 1.3%● unchanged vs 11-2024lowest value 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.4%▲ +0.1 percentage points vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.3%▼ -0.1 percentage points vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 1.7%▲ +0.4 percentage points vs 07-2025 09-2025: 2.0%▲ +0.3 percentage points vs 08-2025 10-2025: 3.3%▲ +1.3 percentage points vs 09-2025 11-2025: 3.3%● unchanged vs 10-2025 12-2025: 3.3%● unchanged vs 11-2025 01-2026: 3.4%▲ +0.1 percentage points vs 12-2025 02-2026: 3.4%● unchanged vs 01-2026 03-2026: 3.4%● unchanged vs 02-2026 04-2026: 3.5%▲ +0.1 percentage points vs 03-2026 05-2026: 3.5%● unchanged vs 04-2026 06-2026: 3.1%▼ -0.4 percentage points vs 05-2026 07-2026: 3.2%▲ +0.1 percentage points vs 06-2026 08-2026: 3.5%▲ +0.3 percentage points vs 07-2026 09-2026: 3.7%▲ +0.2 percentage points vs 08-2026 10-2026: 4.7%▲ +1.0 percentage point vs 09-2026highest value
Credit up to €2,500 at 30 days only on tighter terms
Liquidity ample (current ratio 3.88 against 3.4 in 2023; short-term debt: 20.1% and cash: 3.3% of total assets), and 38.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 67% on solvency, 39% on liquidity, 93% on profitability and 93% on growth.

The bankruptcy probability was computed on 08-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
+raises risk○neutral
raises risk · Size: turnover €173,876, total assets €103,280
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2022
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 50 days late; 1 of the last 3 late
NBB · filings
raises risk · Figures for FY 2024 (filed 24-09-2025)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-09-2025, 50 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
50 days late
2023
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 40 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Positive: Turnover rose in 2024from €104,925 to €173,876 ▲ 65.7% View
  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
  • Positive: Among the best 16% on net resultsector median €9,285 · 36,362 companies €44,710 View

By topic

Financials

Fiscal year
2024
Turnover
€173,876
Profit
€44,710
Solvency
61.7%
Turnover▲ 65.7%
Net result
20232024
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Other specialised construction activitiesNACE 43990
Founded
10-10-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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