TINY WONDER
ActiveSummary
TINY WONDER has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €188,679 and a net result of €7,045, of which €10,310 non-recurring income. Equity has been growing by about 59% per year since 2022. Its solvency ranks better than 78% of 1,832 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 25-02-2021 Normal situation
- Activity
- Renting and leasing of cars and light motor vehicles NACE 77110and 2 others
- Establishment unit
- 2.314.678.534 8540 Deerlijk, since 25-02-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 13-02-2024
Board and ownership
- Bert SchelfhoutDirector
- Naïma VANDEWALLE100 sharesdeed of 28-12-2021
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.9%
- Gross margin
- €59,640
- ▼ 6.8%
- Turnover
- ≈ €180,000
- estimated
- Profit
- €7,045
- ▼ 72.6%
- Equity
- €188,679
- ▲ 3.9%
- Total assets
- €286,204
- ▼ 22.5%
Score breakdownraises risk1 change of registered office in 24 monthsFounded in 2021lowers riskLiquidity: current ratio 1.21, cash €52,187, halvedFigures for financial year 2025 (filed on 03-04-2026)Show the evidence
Checked score
About 9 in 1,000 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 77, micro). It does better than 76% of them on solvency, 77% on liquidity, 56% on profitability and 52% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 4 accounts on average 20 days before the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 02-04-2026 PDF all 4 filings
Every figure per financial year
The operating result for 2025 is 69% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Securities and guarantees
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Mortgages, amount registered | €122,000 | €122,000 | €122,000 | €122,000 |
| Carrying value of the mortgaged assets | €133,314 | €175,042 | €117,778 | €189,746 |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €149,610 | €282,694 | €44,167 | €153,633 |
| Financial fixed assets | - | - | - | €750 |
| Depreciation and write-downs of the year | €16,296 | €37,420 | €28,476 | €47,778 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €23,074 | €42,301 | €10,310 | ▼ 75.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,296 | €37,420 | €28,476 | €47,778 | ▲ 67.8% |
| Other operating charges640/8 | €1,070 | €832 | €793 | €1,112 | ▲ 40.3% |
| Gross operating margin9900 | €8,108 | €105,106 | €64,013 | €59,640 | ▼ 6.8% |
| Operating profit (loss)9901 | -€9,258 | €66,854 | €34,744 | €10,750 | ▼ 69.1% |
| Financial income75/76B | - | €872 | €71 | €342 | ▲ 379% |
| Recurring financial income75 | - | €872 | €71 | €342 | ▲ 379% |
| Financial charges65/66B | €3,473 | €4,560 | €2,262 | €1,914 | ▼ 15.4% |
| Recurring financial charges65 | €3,473 | €4,560 | €2,262 | €1,914 | ▼ 15.4% |
| Profit (loss) for the period before taxes9903 | -€12,731 | €63,167 | €32,553 | €9,178 | ▼ 71.8% |
| Income taxes67/77 | - | €10,538 | €6,817 | €2,133 | ▼ 68.7% |
| Profit (loss) for the period9904 | -€12,731 | €52,629 | €25,737 | €7,045 | ▼ 72.6% |
| Profit (loss) for the period to be appropriated9905 | -€12,731 | €52,629 | €25,737 | €7,045 | ▼ 72.6% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €218,664 | €393,431 | €369,227 | €286,204 | ▼ 22.5% |
| Fixed assets21/28 | €133,314 | €175,042 | €117,778 | €206,714 | ▲ 75.5% |
| Tangible fixed assets22/27 | €133,314 | €175,042 | €117,778 | €205,964 | ▲ 74.9% |
| Plant, machinery and equipment23 | - | €175,042 | €117,778 | €189,746 | ▲ 61.1% |
| Furniture and vehicles24 | €133,314 | €0 | - | €16,218 | - |
| Financial fixed assets28 | - | - | - | €750 | - |
| Current assets29/58 | €85,350 | €218,389 | €251,448 | €79,490 | ▼ 68.4% |
| Amounts receivable within one year40/41 | €75,444 | €160,207 | €117,031 | €5,716 | ▼ 95.1% |
| Trade receivables40 | €75,444 | €159,951 | €117,031 | €5,298 | ▼ 95.5% |
| Other amounts receivable41 | - | €256 | €0 | €418 | - |
| Cash at bank and in hand54/58 | €8,693 | €56,124 | €134,410 | €52,187 | ▼ 61.2% |
| Deferred charges and accrued income490/1 | €1,213 | €2,058 | €7 | €21,587 | ▲ 2,986× |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €218,664 | €393,431 | €369,227 | €286,204 | ▼ 22.5% |
| Equity10/15 | €47,269 | €139,897 | €181,634 | €188,679 | ▲ 3.9% |
| Contributions10/11 | €60,000 | €100,000 | €116,000 | €116,000 | = |
| Reserves13 | - | €39,897 | €65,634 | €72,679 | ▲ 10.7% |
| Distributable reserves133 | - | €39,897 | €65,634 | €72,679 | ▲ 10.7% |
| Profit (loss) carried forward14 | -€12,731 | €0 | - | - | - |
| Amounts payable17/49 | €171,395 | €253,533 | €187,592 | €97,525 | ▼ 48.0% |
| Amounts payable after more than one year17 | €77,118 | €59,930 | €40,650 | €31,272 | ▼ 23.1% |
| Financial debts170/4 | €71,918 | €49,580 | €26,900 | €3,872 | ▼ 85.6% |
| Other amounts payable178/9 | €5,200 | €10,350 | €13,750 | €27,400 | ▲ 99.3% |
| Amounts payable within one year42/48 | €94,277 | €193,463 | €146,817 | €65,853 | ▼ 55.1% |
| Current portion of amounts payable after more than one year42 | €22,001 | €22,338 | €22,680 | €23,028 | ▲ 1.5% |
| Financial debts43 | €50,000 | €0 | - | - | - |
| Credit institutions430/8 | €50,000 | €0 | - | - | - |
| Trade debts44 | €9,155 | €122,257 | €77,306 | €14,578 | ▼ 81.1% |
| Suppliers440/4 | €9,155 | €122,257 | €77,306 | €14,578 | ▼ 81.1% |
| Taxes, remuneration and social security45 | €667 | €37,948 | €36,384 | €17,811 | ▼ 51.0% |
| Taxes450/3 | €667 | €37,948 | €36,384 | €17,811 | ▼ 51.0% |
| Other amounts payable47/48 | €12,454 | €10,920 | €10,447 | €10,437 | ▼ 0.1% |
| Accrued charges and deferred income492/3 | - | €141 | €126 | €400 | ▲ 217% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,731 | €52,629 | €25,737 | €7,045 | ▼ 72.6% |
| + Depreciation and write-downs630 | €16,296 | €37,420 | €28,476 | €47,778 | ▲ 67.8% |
| Operating cash flow (approximation) | €3,565 | €90,049 | €54,213 | €54,823 | ▲ 1.1% |
| Investment in fixed assets (approximation) | - | -€79,148 | €28,787 | -€136,714 | - |
| Change in cash | - | €47,431 | €78,286 | -€82,223 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 5,047 companies had the same profile as TINY WONDER has now. Two years later, 93.9% were still going and 2.2% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TINY WONDER itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,446 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 5,047 companies, not a prediction for TINY WONDER. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- Naïma VANDEWALLE 100 shares · €20,000
Capital transactions
- 18-01-2024 Capital increase of €16,000 · to €116,000 · 1,145 new shares, 10% of the 11,445 shares after the increase · in cash
- 05-01-2023 Capital increase of €40,000 · to €100,000 · 200 new shares, 1.9% of the 10,300 shares after the increase · in cash
- 28-12-2021 Capital increase of €20,000 · to €60,000 · 100 new shares, 1% of the 10,100 shares after the increase · “deponering op rekening”
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| Bert Schelfhout |
|
| Cathy Camertijn |
|
Network & group
Companies at the same address
1 other companyConnections & network
See the function holders in the KBO register.
Timeline
Deeds, filings and financial milestones
12-12
Gazette deed
Registered office moved within DeerlijkNew registered office: Houtekietstraat 31, 8540 Deerlijk · Previous registered office: Otegemse Steenweg 15, 8540 Deerlijk2 points ▸
- General meeting, 21-11-2025
- Registered-office move, Houtekietstraat 31, 8540 Deerlijk
18-01
Gazette deed
Capital increase of €16,000 to €116,000Capital from €100,000 to €116,000, 1,145 new shares2 points ▸
- Capital increase, €16,000
- Capital, €116,000, 11,445 shares
- The deed holds 5 more points.
05-01
Gazette deed
Capital increase of €40,000 to €100,000Capital from €60,000 to €100,000, 200 new shares · Resignation: Cathy CAMERTIJN (statutory director)7 points ▸
- General meeting, 30-12-2022
- Capital increase, €40,000
- Capital, €100,000, 10,300 shares
- Amendment of the articles, article 5
- Director resignation, Cathy CAMERTIJN (statutory director)
- Amendment of the articles, article 12
- Power of attorney, Mathieu Muylle
- The deed holds 4 more points.
28-12
Gazette deed
Capital increase of €20,000 to €60,000Capital from €40,000 to €60,000, 100 new shares4 points ▸
- General meeting, 24-12-2021
- Capital increase, €20,000
- Capital, €60,000, 10,100 shares
- Amendment of the articles, article 5
- The deed holds 3 more points.
31-08
Gazette deed
Resignation: Cathy Camertijn (statutory director)4 points ▸
- General meeting, 21-06-2021
- Director resignation, Cathy Camertijn (statutory director)
- Registered office clause, Otegemse Steenweg 15, 8540 Deerlijk
- Director in office, Bert Schelfhout
- The deed holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
On 25 February 2021, TINY WONDER was incorporated as a private limited company.1 The capital was increased 3 times between 2021 and 2024, most recently to €116,000.234 In 2025 the registered office moved to Deerlijk.5 Bert Schelfhout is director of the company according to the deed of 31-08-2021.6 Total assets went from €218,664 in 2022 to €286,204 in 2025.7
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 address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34392E0718/00F000 | Flanders | 2,141 m² | 1 · 211 m² | 7.0 m · 1 |