TINSTAAFL
ActiveTINSTAAFL has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €158k and a net result of €-24k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 72% of 1605 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-27
Solvency100=
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.46 against 7.48 in 2024), and 31.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
28 d early
2023
29 d late
2022
29 d late
2021
30 d late
2020
30 d late
2019
92 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€158k▼ 15.5%
2024 · €187k
2018: €161k
2019: €188k
2020: €226k
2021: €207k
2022: €182k
2023: €182k
2024: €187k
2018 → 2025
Total assets
€232k▲ 1.7%
2024 · €228k
2018: €202k
2019: €206k
2020: €265k
2021: €271k
2022: €277k
2023: €240k
2024: €228k
2018 → 2025
Net result
€-24k
2024 · €10k
2018: €26k
2019: €27k
2020: €37k
2021: €16k
2022: €-10k
2023: €10k
2024: €10k
2018 → 2025
Working capital
€66k▼ 45.5%
2024 · €121k
2018: €92k
2019: €127k
2020: €171k
2021: €151k
2022: €124k
2023: €116k
2024: €121k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€207k-€182k▼ 11.9%€182k▼ 0.3%€187k▲ 2.9%€158k▼ 15.5%
Operating result€37k-€-8k€15k€20k▲ 33.2%€-22k
Net result€16k-€-10k€10k€10k▲ 0.5%€-24k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €22k after €20k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €232k
Fixed assets
€139k▲ 57.2%
Current assets
€93k▼ 33.6%
Equity and liabilities €232k
Equity
€158k▼ 15.5%
Debt
€74k▲ 79.6%
The debt ratio rises from 18.1% to 31.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-5k▼
2024 · €33k
Cash flow
€-7k▼
2024 · €23k
Solvency
68.1%▼
2024 · 81.9%
Current ratio
3.46▼
2024 · 7.48
Quick ratio
3.46▼
2024 · 7.48
Debt / equity
0.47▲
2024 · 0.22
ROE
-15.0%▼
2024 · 5.3%
ROA
-10.2%▼
2024 · 4.4%
Interest coverage
-2.70▼
2024 · 20.74
Debt
€74k▲
2024 · €41k
Debt ≤ 1 year
€27k▲
2024 · €19k
Debt > 1 year
€47k▲
2024 · €23k
Income taxes
€274▼
2024 · €9k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€228k€232k▲
Fixed assets21/28€89k€139k▲
Tangible fixed assets22/27€89k€139k▲
Furniture and vehicles24€88k€139k▲
Other tangible fixed assets26€544€212▼
Current assets29/58€140k€93k▼
Amounts receivable within one year40/41€58k€39k▼
Trade receivables40€53k€25k▼
Other amounts receivable41€5k€14k▲
Current investments50/53€11k€11k=
Cash at bank and in hand54/58€66k€40k▼
Deferred charges and accrued income490/1€5k€2k▼
Equity and liabilities
Total equity and liabilities10/49€228k€232k▲
Equity10/15€187k€158k▼
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€181k€176k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€179k€174k▼
Profit (loss) carried forward14€-266€-24k▼
Amounts payable17/49€41k€74k▲
Amounts payable after more than one year17€23k€47k▲
Financial debts170/4€23k€47k▲
Amounts payable within one year42/48€19k€27k▲
Current portion of amounts payable after more than one year42€11k€23k▲
Trade debts44€993€262▼
Suppliers440/4€993€262▼
Taxes, remuneration and social security45€7k€3k▼
Taxes450/3€7k€3k▼
Other amounts payable47/48€471-
Accrued charges and deferred income492/3€45€785▲
Income statement
Code20242025
Non-recurring operating income76A-€452
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€17k▲
Other operating charges640/8€4k€35k▲
Gross operating margin9900€37k€31k▼
Operating profit (loss)9901€20k€-22k▼
Financial income75/76B€1€29▲
Recurring financial income75€1€29▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€19k€-23k▼
Income taxes67/77€9k€274▼
Profit (loss) for the period9904€10k€-24k▼
Profit (loss) for the period to be appropriated9905€10k€-24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-266€-24k▼
Profit (loss) brought forward from the previous period14P€-10k€-266▲
Transfer from equity791/2€5k€5k▲
Profit to be distributed694/7€5k€5k▲
Return on contributions (dividend)694€5k€5k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-24k ▼338%
Net result drops to €-24k, the lowest in the series.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Highest result since 2018net €37k ▲38.6%
Operating result €53k, net result €37k, both a record.
31-12
Financial
Equity above €200kEq €226k ▲20.4%
3 profitable years in a row build equity to €226k.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 8.19
Current ratio from 3.23 to 8.19; short-term debt falls from €41k to €18k.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
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, Dendermonde · 1 establishment unit since 2015
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.
Schuiteplasstraat (SCH) 519200 DendermondeGround area
1,554 m²
Building footprint
86 m²
Volume, LiDAR
505 m³
Parcel 42019A1197/00K000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TINSTAAFL
since 20152.242.462.529
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42019A1197/00K000 | Flanders | 1,554 m² | 1 · 86 m² | 8.7 m · 2 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.
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Of 13,391 companies in sector 73300 we hold annual accounts for 6,881. 5,403 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded28-05-2015
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
70200Business and other management consultancy
70220Business consulting
90021Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.