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TILTING SHELVES SYSTEMS

Active
Private limited companyfounded 2019active for 7 yearsOostrozebekestraat 215, 8770 Ingelmunster, BelgiumKBO/BCE: BE 0726.973.032
Summary

The computed 12-month bankruptcy probability of TILTING SHELVES SYSTEMS is 2.5% (moderate). The 2025 annual accounts show negative equity (-€744,123) and a net result of -€152,682. Equity has been shrinking by about 36% per year since 2019. Its solvency ranks better than 5% of 6,172 sector peers (NACE 46, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 21-05-2019 Normal situation
Activity
Wholesale trade NACE 46610and 2 others
Establishment unit
2.329.197.157 8770 Ingelmunster, since 21-05-2019
Financial year end
31 December
Peppol
Reachable since 25-11-2025

Board and ownership

Board
  • Deefakker BVDirector

Financial position

50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.5%
Annual accounts 2025
Loss
€152,682
▲ 65.4%
Equity
-€744,123
▼ 25.8%
Total assets
€160,180
▲ 2.3%
  • Negative equity on 31-12-2025
Score breakdownraises riskLoss of €152,682, the second in a row (financial year 2025)Negative equity -€744,123Figures for financial year 2025 (filed on 26-06-2026)lowers riskSize: total assets €160,180Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 10% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -464.6% of total assets
Liquidity 13-37
short-term debt 81.9% · cash 6.1%
Profitability 0=
return on assets -95.3%
Bankruptcy probability within 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 2.2% 01-2025: 2.2%● unchanged vs 12-2024 02-2025: 2.2%● unchanged vs 01-2025 03-2025: 2.1%▼ -0.1 percentage points vs 02-2025 04-2025: 2.1%● unchanged vs 03-2025 05-2025: 2.2%▲ +0.1 percentage points vs 04-2025 06-2025: 2.1%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 2.2%▲ +0.1 percentage points vs 06-2025 08-2025: 2.9%▲ +0.7 percentage points vs 07-2025highest value 09-2025: 2.9%● unchanged vs 08-2025highest value 10-2025: 2.9%● unchanged vs 09-2025 11-2025: 2.9%● unchanged vs 10-2025 12-2025: 2.9%● unchanged vs 11-2025 01-2026: 2.9%● unchanged vs 12-2025 02-2026: 2.9%● unchanged vs 01-2026 03-2026: 2.8%▼ -0.1 percentage points vs 02-2026 04-2026: 2.8%● unchanged vs 03-2026 05-2026: 2.7%▼ -0.1 percentage points vs 04-2026 06-2026: 2.6%▼ -0.1 percentage points vs 05-2026 07-2026: 2.5%▼ -0.1 percentage points vs 06-2026 08-2026: 2.5%● unchanged vs 07-2026 09-2026: 2.5%● unchanged vs 08-2026 10-2026: 2.5%● unchanged vs 09-2026 11-2026: 2.5%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.28 (1.41 in 2024), below 1. Short-term debt is 81.9% and cash 6.1% of total assets. Equity is negative.
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 46, micro). It does better than 6% of them on solvency, 13% on liquidity, 6% on profitability and 16% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €152,682, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €160,180
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€744,123
NBB · annual accounts
raises risk · Figures for financial year 2025 (filed on 26-06-2026)
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€744,123
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 26-06-2026, 35 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
35 days early
2024
16 days early
2023
5 days late
2022
24 days late
2021
31 days late
2020
23 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 18 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 6 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€744,123 View
  • Risk: 7 loss-making years in a rowloss in financial year 2025 -€152,682 View
  • Caution: Lower solvency than 95% of companies in wholesale tradesector median 45.2% · 6,172 companies -464.6% View
  • Caution: Result fell in 2025from -€92,328 to -€152,682 ▼ 65.4% View

Recent changes

  1. · Gazette deed Incorporation
All 10 events

Comparable companies

These companies have the same main activity as TILTING SHELVES SYSTEMS: wholesale trade (NACE 46610). They are comparable in size and age: total assets between €117,000 and €205,000, founded between 2018 and 2020.

CompanyTotal assetsGross margin
TILTING SHELVES SYSTEMS Ingelmunster€160,180-
AB GARDEN Chiny€170,104€65,683
KAVIS Wuustwezel€158,077€76,130
LUYCKX ARNO Ledegem€204,508€62,961
Garten Forst und Baumaschinen Dauby Raeren€190,334€83,185
AJL Service Pajottegem€122,604€14,487
DAIRY MATIC Frasnes-lez-Anvaing€116,547€1,579
Full comparison

Key facts about TILTING SHELVES SYSTEMS

What is the company number of TILTING SHELVES SYSTEMS?
The company number of TILTING SHELVES SYSTEMS is 0726.973.032. The VAT number is the same number with BE in front: BE 0726.973.032.
Where is TILTING SHELVES SYSTEMS based?
The registered office is at Oostrozebekestraat 215, 8770 Ingelmunster.Company details
What does TILTING SHELVES SYSTEMS do?
According to the KBO register, the main activity is wholesale trade (NACE 46610).
What is the legal form of TILTING SHELVES SYSTEMS?
The legal form of TILTING SHELVES SYSTEMS is Private limited company (BV).
When was TILTING SHELVES SYSTEMS founded?
TILTING SHELVES SYSTEMS was founded on 21-05-2019.
Is TILTING SHELVES SYSTEMS still active?
Yes, TILTING SHELVES SYSTEMS is an active enterprise in the KBO register.
What is the turnover of TILTING SHELVES SYSTEMS?
The annual accounts for financial year 2025 state no turnover. In financial year 2022 turnover was €0.Financials
Is TILTING SHELVES SYSTEMS profitable?
In financial year 2025, TILTING SHELVES SYSTEMS made a loss of €152,682.
Where can I find the annual accounts of TILTING SHELVES SYSTEMS?
TILTING SHELVES SYSTEMS filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TILTING SHELVES SYSTEMS due?
TILTING SHELVES SYSTEMS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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