TINACHINE GROUP
ActiveTINACHINE GROUP has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €108k and a net result of €44k. Equity is growing by ~31.7% per year across the filed fiscal years. Its solvency ranks better than 59% of 15867 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability95▲+15
Solvency76▲+17
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.03 against 1.5 in 2023; short-term debt: 48.7% and cash: 53.5% of total assets), and 48.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
58 d late
2023
60 d late
2022
65 d late
2021
71 d late
2020
90 d late
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€108k▲ 68.6%
2023 · €64k
2018: €26k
2019: €-3k
2020: €34k
2021: €43k
2022: €46k
2023: €64k
2018 → 2024
Total assets
€210k▲ 11.8%
2023 · €188k
2018: €68k
2019: €53k
2020: €88k
2021: €105k
2022: €136k
2023: €188k
2018 → 2024
Net result
€44k▲ 152%
2023 · €17k
2019: €-24k
2020: €20k
2021: €9k
2022: €3k
2023: €17k
2019 → 2024
Working capital
€105k▲ 69.8%
2023 · €62k
2018: €16k
2019: €-3k
2020: €34k
2021: €43k
2022: €46k
2023: €62k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€34k-€43k▲ 27.0%€46k▲ 8.1%€64k▲ 37.4%€108k▲ 68.6%
Operating result€21k-€10k▼ 52.6%€7k▼ 29.1%€20k▲ 188%€60k▲ 201%
Net result€20k-€9k▼ 55.1%€3k▼ 62.0%€17k▲ 399%€44k▲ 152%
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 201% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €210k
Fixed assets
€2k▲ 30.3%
Current assets
€207k▲ 11.7%
Equity and liabilities €210k
Equity
€108k▲ 68.6%
Debt
€102k▼ 17.4%
The debt ratio falls from 66.0% to 48.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€61k▲
2023 · €21k
Cash flow
€45k▲
2023 · €18k
Solvency
51.3%▲
2023 · 34.0%
Current ratio
2.03▲
2023 · 1.50
Quick ratio
1.60▲
2023 · 1.29
Debt / equity
0.95▼
2023 · 1.94
ROE
40.7%▲
2023 · 27.2%
ROA
20.9%▲
2023 · 9.3%
Interest coverage
446.64▲
2023 · 152.66
Debt
€102k▼
2023 · €124k
Debt ≤ 1 year
€102k▼
2023 · €124k
Income taxes
€16k▲
2023 · €5k
Staff costs
€37k▲
2023 · €34k
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€188k€210k▲
Fixed assets21/28€2k€2k▲
Tangible fixed assets22/27€2k€2k▲
Plant, machinery and equipment23€2k€914▼
Furniture and vehicles24-€1k
Financial fixed assets28€185€185=
Current assets29/58€186k€207k▲
Stocks and contracts in progress3€26k€44k▲
Stocks30/36€26k€44k▲
Amounts receivable within one year40/41€16k€49k▲
Trade receivables40€4k€33k▲
Other amounts receivable41€12k€16k▲
Cash at bank and in hand54/58€144k€112k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€188k€210k▲
Equity10/15€64k€108k▲
Contributions10/11€19k€19k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€44k€88k▲
Amounts payable17/49€124k€102k▼
Amounts payable within one year42/48€124k€102k▼
Trade debts44€119k€96k▼
Suppliers440/4€119k€66k▼
Bills of exchange payable441-€30k
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3€586€218▼
Remuneration and social security454/9€4k€6k▲
Other amounts payable47/48-€168
Income statement
Code20232024
Remuneration, social security and pensions62€34k€37k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€653€1k▲
Other operating charges640/8€26k-
Gross operating margin9900€81k€98k▲
Operating profit (loss)9901€20k€60k▲
Financial income75/76B€3k-
Recurring financial income75€3k-
Financial charges65/66B€135€137▲
Recurring financial charges65€135€137▲
Profit (loss) for the period before taxes9903€22k€60k▲
Income taxes67/77€5k€16k▲
Profit (loss) for the period9904€17k€44k▲
Profit (loss) for the period to be appropriated9905€17k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€44k€88k▲
Profit (loss) brought forward from the previous period14P€26k€44k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 58 days late
2024
31-12
Financial
Highest result since 2019net €44k ▲152%
Operating result €60k, net result €44k, both a record.
31-12
Financial
Equity above €100kEq €108k ▲68.6%
5 profitable years in a row build equity to €108k.
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 60 days late
2023
04-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 65 days late
2022
10-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 71 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
02-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 33 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Anderlecht · 2 establishment units since 2007
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.
Heyvaertstraat 1541070 AnderlechtGround area
2,309 m²
Building footprint
1,414 m²
Volume, LiDAR
7,797 m³
2 parcels, Brussels, Flanders · tallest building 22.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
TINACHINE
since 20072.166.456.990
TINACHINE GROUP
since 20222.370.554.492
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22001B0044/00W003 | Flanders | 2,095 m² | 1 · 1,197 m² | 9.0 m · 2 fl. |
| 21304B0131/00R000 | Brussels | 214 m² | 1 · 216 m² | 22.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 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 siteAnderlecht2.166.456.990
Similar companies · same sector, comparable size
COMFORT ZONE BELUX
BE 0812.194.262
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CMA SERVICES
BE 0465.774.006
Beaumont · Eq €107k
UNIMEUBLE - UNIMEUBEL
BE 0401.620.481
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V&V TRADING
BE 0896.906.837
Pelt · Eq €107k
PHILIPPE MENKE
BE 0767.572.678
Anhée · Eq €106k
Of 1,745 companies in sector 46150 we hold annual accounts for 757. 592 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded14-11-2007
Fiscal year end31-12
Activities, NACEBEL
46150Agents in the wholesale of furniture, household goods and hardware
47120Other non-specialised retail sale
47191Retail trade
51150
46450Wholesale of perfume and cosmetics
47750Retail sale of cosmetics and toilet articles
47783Retail trade
47784Retail trade
52488
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.