TINTIPEN
ActiveSummary
The computed 12-month bankruptcy probability of TINTIPEN is 2.8% (moderate). The 2024 annual accounts show negative equity (€-93) and a net result of €-16k. Equity is shrinking by ~35% per year across the filed fiscal years. Its solvency ranks better than 27% of 1763 sector peers (fiscal year 2024). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency25▼-57
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.58 against 2.02 in 2023; short-term debt: 100.4% and cash: 3.9% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-0.4%
Return on assets
-75.2%
Age of the figures
21 mo
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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-93
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-12-2025, 139 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
139 d late
2023
30 d late
2022
13 d early
2021
3 d early
2020
5 d early
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-16k▲ 55.4%
2023 · €-36k
2018: €-18k
2019: €-19k▼ -7.4% vs 2018
2020: €-31k▼ -58.1% vs 2019
2021: €-14k▲ +54.0% vs 2020
2022: €25k▲ +278% vs 2021highest in 7 years
2023: €-36k▼ -243% vs 2022lowest in 7 years
2024: €-16k▲ +55.4% vs 2023
2018 → 2024
Working capital
€-9k
2023 · €12k
2018: €-15k
2019: €-49k▼ -225% vs 2018
2020: €-86k▼ -76.2% vs 2019
2021: €-112k▼ -30.5% vs 2020lowest in 7 years
2022: €28k▲ +125% vs 2021highest in 7 years
2023: €12k▼ -56.7% vs 2022
2024: €-9k▼ -173% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€41k-€27k▼ 34.5%€52k▲ 93.6%€16k▼ 69.3%€-93
2020: €41k
2021: €27k▼ -34.5% vs 2020
2022: €52k▲ +93.6% vs 2021highest in 5 years
2023: €16k▼ -69.3% vs 2022
2024: €-93▼ -101% vs 2023lowest in 5 years
Operating result€-28k-€-14k▲ 50.9%€26k€-35k€-16k▲ 55.9%
2020: €-28k
2021: €-14k▲ +50.9% vs 2020
2022: €26k▲ +286% vs 2021highest in 5 years
2023: €-35k▼ -237% vs 2022lowest in 5 years
2024: €-16k▲ +55.9% vs 2023
Net result€-31k-€-14k▲ 54.0%€25k€-36k€-16k▲ 55.4%
2020: €-31k
2021: €-14k▲ +54.0% vs 2020
2022: €25k▲ +278% vs 2021highest in 5 years
2023: €-36k▼ -243% vs 2022lowest in 5 years
2024: €-16k▲ +55.4% vs 2023
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2024 against €35k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €21k
Fixed assets
€9k ▲ 132%
Current assets
€13k ▼ 48.0%
Key figures and ratios
EBITDA
€-13k▲
2023 · €-31k
Cash flow
€-13k▲
2023 · €-32k
Solvency
-0.4%▼
2023 · 57.3%
Current ratio
0.58▼
2023 · 2.02
ROA
-75.2%▲
2023 · -129.3%
Interest coverage
-28.83▲
2023 · -49.70
Debt
€21k▲
2023 · €12k
Debt ≤ 1 year
€21k▲
2023 · €12k
Income taxes
€0
Equity ratios withheld: equity of €-93 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€28k€21k▼
Fixed assets21/28€4k€9k▲
Tangible fixed assets22/27€4k€9k▲
Furniture and vehicles24€4k€9k▲
Current assets29/58€24k€13k▼
Amounts receivable within one year40/41€24k€12k▼
Trade receivables40€1k€2k▲
Other amounts receivable41€23k€10k▼
Cash at bank and in hand54/58-€827
Deferred charges and accrued income490/1€197€66▼
Equity and liabilities
Total equity and liabilities10/49€28k€21k▼
Equity10/15€16k€-93▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-4k€-21k▼
Amounts payable17/49€12k€21k▲
Amounts payable within one year42/48€12k€21k▲
Financial debts43€73-
Credit institutions430/8€73-
Trade debts44€11k€21k▲
Suppliers440/4€11k€21k▲
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Income statement
Code20232024
Non-recurring operating income76A€2k€13k▲
Remuneration, social security and pensions62€1k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€3k▼
Other operating charges640/8€685€2k▲
Non-recurring operating charges66A-€1k
Gross operating margin9900€-29k€-10k▲
Operating profit (loss)9901€-35k€-16k▲
Financial income75/76B€6-
Recurring financial income75€6-
Financial charges65/66B€623€450▼
Recurring financial charges65€623€450▼
Profit (loss) for the period before taxes9903€-36k€-16k▲
Income taxes67/77-€0
Profit (loss) for the period9904€-36k€-16k▲
Profit (loss) for the period to be appropriated9905€-36k€-16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-21k▼
Profit (loss) brought forward from the previous period14P€32k€-4k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €8k | €2k | €13k | ▲ 606% |
| Remuneration, social security and pensions62 | - | €62k | €16k | €1k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31k | €29k | €7k | €5k | €3k | ▼ 41.4% |
| Other operating charges640/8 | - | €3k | €3k | €685 | €2k | ▲ 159% |
| Non-recurring operating charges66A | - | €15k | €5k | - | €1k | - |
| Gross operating margin9900 | €35k | €94k | €58k | €-29k | €-10k | ▲ 66.1% |
| Operating profit (loss)9901 | €-28k | €-14k | €26k | €-35k | €-16k | ▲ 55.9% |
| Financial income75/76B | - | €34 | - | €6 | - | - |
| Recurring financial income75 | €0 | €34 | - | €6 | - | - |
| Financial charges65/66B | - | €191 | €582 | €623 | €450 | ▼ 27.7% |
| Recurring financial charges65 | €2k | €191 | €582 | €623 | €450 | ▼ 27.7% |
| Profit (loss) for the period before taxes9903 | €-31k | €-14k | €25k | €-36k | €-16k | ▲ 55.4% |
| Income taxes67/77 | €290 | €120 | €120 | - | €0 | - |
| Profit (loss) for the period9904 | €-31k | €-14k | €25k | €-36k | €-16k | ▲ 55.4% |
| Profit (loss) for the period to be appropriated9905 | €-31k | €-14k | €25k | €-36k | €-16k | ▲ 55.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €129k | €144k | €130k | €28k | €21k | ▼ 23.4% |
| Fixed assets21/28 | €127k | €140k | €24k | €4k | €9k | ▲ 132% |
| Tangible fixed assets22/27 | €123k | €136k | €24k | €4k | €9k | ▲ 132% |
| Plant, machinery and equipment23 | - | €53k | - | - | - | - |
| Furniture and vehicles24 | - | €11k | €24k | €4k | €9k | ▲ 132% |
| Other tangible fixed assets26 | - | €72k | - | - | - | - |
| Financial fixed assets28 | €4k | €4k | - | - | - | - |
| Current assets29/58 | €3k | €4k | €106k | €24k | €13k | ▼ 48.0% |
| Stocks and contracts in progress3 | €257 | €709 | - | - | - | - |
| Stocks30/36 | - | €709 | - | - | - | - |
| Amounts receivable within one year40/41 | - | €3k | €103k | €24k | €12k | ▼ 51.3% |
| Trade receivables40 | - | €3k | €102k | €1k | €2k | ▲ 79.6% |
| Other amounts receivable41 | - | - | €1k | €23k | €10k | ▼ 57.3% |
| Cash at bank and in hand54/58 | - | €46 | €3k | - | €827 | - |
| Deferred charges and accrued income490/1 | - | - | - | €197 | €66 | ▼ 66.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €129k | €144k | €130k | €28k | €21k | ▼ 23.4% |
| Equity10/15 | €41k | €27k | €52k | €16k | €-93 | ▼ 101% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €21k | €6k | €32k | €-4k | €-21k | ▼ 359% |
| Amounts payable17/49 | €88k | €117k | €78k | €12k | €21k | ▲ 80.1% |
| Amounts payable within one year42/48 | €88k | €115k | €78k | €12k | €21k | ▲ 80.1% |
| Financial debts43 | - | - | - | €73 | - | - |
| Credit institutions430/8 | - | - | - | €73 | - | - |
| Trade debts44 | €57k | €74k | €47k | €11k | €21k | ▲ 97.9% |
| Suppliers440/4 | - | €74k | €47k | €11k | €21k | ▲ 97.9% |
| Taxes, remuneration and social security45 | - | €35k | €18k | €1k | - | - |
| Taxes450/3 | - | €10k | €3k | €1k | - | - |
| Remuneration and social security454/9 | - | €25k | €15k | - | - | - |
| Other amounts payable47/48 | - | €6k | €13k | - | - | - |
| Accrued charges and deferred income492/3 | - | €2k | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-31k | €-14k | €25k | €-36k | €-16k | ▲ 55.4% |
| + Depreciation and write-downs630 | €31k | €29k | €7k | €5k | €3k | ▼ 41.4% |
| Operating cash flow (approximation) | €262 | €14k | €32k | €-32k | €-13k | ▲ 57.4% |
| Investment in fixed assets (approximation) | - | €-42k | €109k | €16k | €-8k | ▼ 149% |
| Change in cash | - | - | €3k | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 139 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €25k
Net result €25k after 4 loss-making years.
31-12
Financial
Liquidity times 41current ratio 1.36
Current ratio from 0.03 to 1.36; short-term debt falls from €115k to €78k.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 26 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Ittre · 1 establishment unit since 2001
Ground area
1,715 m²
Building footprint
171 m²
Volume, LiDAR
1,369 m³
Parcel 25108B0596/00D002, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CHEZ ALEX
since 20012.095.095.575
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25108B0596/00D002 | Wallonia | 1,715 m² | 1 · 171 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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 20,495 companies in sector 56111 we hold annual accounts for 11,462. 8,306 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-01-2001
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56301Cafés and bars
Scores and ratios are computed by Checked and are not a credit decision.