TINY
ActiveSummary
The computed 12-month bankruptcy probability of TINY is 7.6% (elevated). The 2025 annual accounts show negative equity (-€95,791) and a net result of -€63,628. Its solvency ranks better than 5% of 16,961 sector peers (NACE 56, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 14-12-2023 Normal situation
- Activity
- Full-service restaurants NACE 56111and 5 others
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
- Establishment unit
- 2.353.627.695 2018 Antwerpen, since 14-12-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 02-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 7.6%
- Gross margin
- €18,357
- ▼ 44.7%
- Turnover
- ≈ €200,000
- estimated
- Loss
- €63,628
- ▲ 71.2%
- Equity
- -€95,791
- ▼ 198%
- Total assets
- €20,158
- ▼ 1.1%
- Staff
- 2.5 FTE
- Negative equity on 31-12-2025
- 2025 accounts filed 72 days after the deadline
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Last filed accounts filed 72 days late; 2 of the last 3 accounts lateFounded in 2023Negative equity -€95,791Show the evidence
Checked score
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 56, micro). It does better than 9% of them on solvency, 12% on liquidity, 8% on profitability and 4% on growth.
The bankruptcy probability was computed on 01-11-2026 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 67 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 72 days after the deadline Filed on 11 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00555931.
Annual accounts 2025 filed on 11-10-2026 at the NBB all 2 filings
2024 to 2025, 2 financial years
The operating result for 2025 is a loss of €62,297, larger than the loss of €36,891 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Staff
| Item | 31-12-2025 |
|---|---|
| Average over the year, in full-time equivalents | 2.5 |
| Joined | 4 |
| Left | 4 |
Source: social balance sheet in the 2025 annual accounts
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €6,383 | - |
| Financial fixed assets | €5,100 | - |
| Depreciation and write-downs of the year | €740 | €1,296 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as TINY: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €18,200 and €22,800, founded between 2023 and 2024.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| TINY Willebroek | 2023 | €20,158 | -€95,791 | €18,357 | -€63,628 | 2025 |
| IL FORNO LIEGE Liège | 2023 | €20,899 | €13,251 | €19,967 | €7,913 | 2025 |
| LA BELLE FRITE Jurbise | 2024 | €20,664 | -€50,068 | €17,119 | -€38,528 | 2025 |
| COCINA LOCA Visé | 2024 | €21,365 | -€60,419 | €16,926 | -€38,472 | 2025 |
| MOZAIIK Oudergem | 2023 | €22,754 | €9,946 | €16,942 | -€12,091 | 2025 |
| HAVIN-ROJHELAT Grimbergen | 2024 | €18,220 | €10,616 | €15,659 | €163 | 2025 |
| PIZZERIA L’ARTISTE Antwerpen | 2023 | €19,810 | €6,445 | €23,598 | €8,537 | 2025 |
They were chosen from the 12,110 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 7,639 companies had the same profile as TINY has now. Two years later, 8.8% had gone bankrupt and 84.9% were still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TINY itself: 7.6% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for TINY. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €66,874 | €77,738 | ▲ 16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €740 | €1,296 | ▲ 75.2% |
| Other operating charges640/8 | €2,484 | €1,620 | ▼ 34.8% |
| Gross operating margin9900 | €33,207 | €18,357 | ▼ 44.7% |
| Operating profit (loss)9901 | -€36,891 | -€62,297 | ▼ 68.9% |
| Financial income75/76B | €27 | €62 | ▲ 130% |
| Recurring financial income75 | €27 | €62 | ▲ 130% |
| Financial charges65/66B | €299 | €1,392 | ▲ 366% |
| Recurring financial charges65 | €299 | €1,392 | ▲ 366% |
| Profit (loss) for the period before taxes9903 | -€37,163 | -€63,628 | ▼ 71.2% |
| Profit (loss) for the period9904 | -€37,163 | -€63,628 | ▼ 71.2% |
| Profit (loss) for the period to be appropriated9905 | -€37,163 | -€63,628 | ▼ 71.2% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €20,381 | €20,158 | ▼ 1.1% |
| Fixed assets21/28 | €10,743 | €4,348 | ▼ 59.5% |
| Tangible fixed assets22/27 | €5,643 | €4,348 | ▼ 23.0% |
| Plant, machinery and equipment23 | €4,422 | €3,415 | ▼ 22.8% |
| Furniture and vehicles24 | €1,222 | €933 | ▼ 23.6% |
| Financial fixed assets28 | €5,100 | - | - |
| Current assets29/58 | €9,638 | €15,810 | ▲ 64.0% |
| Stocks and contracts in progress3 | €1,500 | €1,500 | = |
| Stocks30/36 | €1,500 | €1,500 | = |
| Amounts receivable within one year40/41 | €1,733 | €9,952 | ▲ 474% |
| Other amounts receivable41 | €1,733 | €9,952 | ▲ 474% |
| Cash at bank and in hand54/58 | €6,227 | €2,183 | ▼ 64.9% |
| Deferred charges and accrued income490/1 | €178 | €2,175 | ▲ 12× |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €20,381 | €20,158 | ▼ 1.1% |
| Equity10/15 | -€32,163 | -€95,791 | ▼ 198% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€37,163 | -€100,791 | ▼ 171% |
| Amounts payable17/49 | €52,544 | €115,949 | ▲ 121% |
| Amounts payable within one year42/48 | €52,544 | €115,949 | ▲ 121% |
| Trade debts44 | €8,927 | €9,664 | ▲ 8.3% |
| Suppliers440/4 | €8,927 | €9,664 | ▲ 8.3% |
| Taxes, remuneration and social security45 | €9,261 | €13,957 | ▲ 50.7% |
| Taxes450/3 | - | €1,476 | - |
| Remuneration and social security454/9 | €9,261 | €12,481 | ▲ 34.8% |
| Other amounts payable47/48 | €34,357 | €92,327 | ▲ 169% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€37,163 | -€63,628 | ▼ 71.2% |
| + Depreciation and write-downs630 | €740 | €1,296 | ▲ 75.2% |
| Operating cash flow (approximation) | -€36,423 | -€62,332 | ▼ 71.1% |
| Investment in fixed assets (approximation) | - | €5,100 | - |
| Change in cash | - | -€4,043 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Shareholders
- THARU Om 100 shares (100%) · €5,000 in cash
Capital transactions
- 18-12-2023 Incorporation · €5,000 · 100 shares
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen, indien geen andere vereffenaar benoemd”
Articles of association, deed of 18-12-2023 (in Dutch)
Network & group
TINY shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of TINY. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
18-12
Gazette deed
IncorporationStarting capital €5,000 · Appointment: THARU Om (director) · Permanent representative: Wim Boeckmans · Registered office clause11 points ▸
- Registered office clause, “2830 Willebroek,Louis De Naeyerplein 7” (deed in Dutch)
- Board rule, 1, “onbepaalde duur” (deed in Dutch)
- Director appointment, THARU Om (director)
- Other provision, “geen verbodsbepaling benoeming” (deed in Dutch)
- Pre-incorporation commitments, “takeover, alle verbintenissen,verplichtingen,activiteiten in naam en voor rekening vennootschap in oprichting” (deed in Dutch)
- Permanent representative, Wim Boeckmans
- Director in office, Finance consulte (director)
- Incorporation, “TINY” (deed in Dutch)
- Founder, THARU Om
- Founding capital, €5,000
- Bank account, 5000, “bijzondere rekening geopend namens de vennootschap in oprichting” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11808H1172/00K003 | Flanders | 4,638 m² | 1 · 4,457 m² | 27.6 m · 8 |
| 12040A0982/00H004 | Flanders | 332 m² | 1 · 118 m² | 14.4 m · 3 |