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TIPI FOREST

Active
Private limited companyfounded 20251 yr activeRue Vieux Chemin de Jupille 104, 4610 Beyne-Heusay, BelgiumKBO/BCE: BE 1024.697.607
Summary

TIPI FOREST has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1,861 and a net result of -€139. Its solvency ranks better than 16% of 360 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · fiscal year 2025, micro schema

Equity
€1,861
Total assets
€46,585
Net result
-€139
Working capital
-€6,524

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €46,585
Fixed assets €37,114
Current assets €9,471
Equity and liabilities €46,585
Equity €1,861
Debt €44,723
Debt finances 96.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€4,609
Cash flow
€3,442
Current ratio
0.59
Debt to equity
24.03
ROE
-7.5%
ROA
-0.3%
Interest coverage
4.14
Debt ≤ 1 year
€15,995
Debt > 1 year
€28,729
Income taxes
€55

Peer companies

Historical observation

Of the 280 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96% are still going.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a small loss
1.1% went bankrupt
3.2% stopped otherwise
96% still going

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,471 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€46,585
Fixed assets21/28€37,114
Tangible fixed assets22/27€37,114
Plant, machinery and equipment23€1,439
Furniture and vehicles24€35,675
Current assets29/58€9,471
Amounts receivable within one year40/41€551
Other amounts receivable41€551
Cash at bank and in hand54/58€8,210
Deferred charges and accrued income490/1€710
Equity and liabilities
Total equity and liabilities10/49€46,585
Equity10/15€1,861
Contributions10/11€2,000
Profit (loss) carried forward14-€139
Amounts payable17/49€44,723
Amounts payable after more than one year17€28,729
Financial debts170/4€28,729
Amounts payable within one year42/48€15,995
Current portion of amounts payable after more than one year42€7,200
Trade debts44€1,095
Suppliers440/4€1,095
Taxes, remuneration and social security45€55
Taxes450/3€55
Other amounts payable47/48€7,645
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,581
Other operating charges640/8€551
Gross operating margin9900€5,160
Operating profit (loss)9901€1,028
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€1,112
Recurring financial charges65€1,112
Profit (loss) for the period before taxes9903-€84
Income taxes67/77€55
Profit (loss) for the period9904-€139
Profit (loss) for the period to be appropriated9905-€139
Appropriation of the result
Profit (loss) to be appropriated9906-€139

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,581
Other operating charges640/8€551
Gross operating margin9900€5,160
Operating profit (loss)9901€1,028
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€1,112
Recurring financial charges65€1,112
Profit (loss) for the period before taxes9903-€84
Income taxes67/77€55
Profit (loss) for the period9904-€139
Profit (loss) for the period to be appropriated9905-€139
Line2025
Assets
Total assets20/58€46,585
Fixed assets21/28€37,114
Tangible fixed assets22/27€37,114
Plant, machinery and equipment23€1,439
Furniture and vehicles24€35,675
Current assets29/58€9,471
Amounts receivable within one year40/41€551
Other amounts receivable41€551
Cash at bank and in hand54/58€8,210
Deferred charges and accrued income490/1€710
Equity and liabilities
Total equity and liabilities10/49€46,585
Equity10/15€1,861
Contributions10/11€2,000
Profit (loss) carried forward14-€139
Amounts payable17/49€44,723
Amounts payable after more than one year17€28,729
Financial debts170/4€28,729
Amounts payable within one year42/48€15,995
Current portion of amounts payable after more than one year42€7,200
Trade debts44€1,095
Suppliers440/4€1,095
Taxes, remuneration and social security45€55
Taxes450/3€55
Other amounts payable47/48€7,645
Line2025
Profit (loss) for the period9904-€139
+ Depreciation and write-downs630€3,581
Operating cash flow (approximation)€3,442

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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