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TIREWORLD.BE

Active
Private limited companyfounded 2018active for 8 yearsFosheistraat (Mol) 50, 3640 Kinrooi, BelgiumKBO/BCE: BE 0704.920.576
Summary

The computed 12-month bankruptcy probability of TIREWORLD.BE is at least 25% (high). The 2024 annual accounts show equity of €65,821 and a net result of €20,838. Equity is growing by about 26% per year across the filed financial years. Its solvency ranks better than 48% of 3,547 sector peers (NACE 95, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Tyre services
NACE 95315
1 site
Size
€185,484total assets 2024
Equity
€65,821
Profit
€20,838
Turnover not published (micro format)
Financial health
14 Critical Checked score 2024
Bankruptcy probabilitywithin 12 months
≥ 25%
Structure
Accounts 71 days overdue1 of 3 deeds read
Why 14raises risk1 financial year not filed after the legal deadline; latest accounts 209 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 27-02-2026)1 change of registered office in 24 monthsEx-officio strike-off in the KBOShow the evidence

Checked score

Score 2024
14 / 100
Critical
Probability in this band: over 15.0%
Financially better than 52% of its sector peers (NACE 95, micro)
Financial strength · tick = 2023
Average
Solvency 60+7
equity 35.5% of total assets
Liquidity 49=
short-term debt 11.6% · cash 0.2%
Profitability 66+30
return on assets 11.2%
Bankruptcy probability, 12 months
≥ 25% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 4 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,115 companies, NACE 95, micro)
Last 24 months 11-2024: 24.0% 12-2024: 24.0%● unchanged vs 11-2024 01-2025: 24.0%● unchanged vs 12-2024 02-2025: 23.7%▼ -0.3 percentage points vs 01-2025 03-2025: 23.7%● unchanged vs 02-2025 04-2025: 23.7%● unchanged vs 03-2025 05-2025: 23.7%● unchanged vs 04-2025 06-2025: 23.7%● unchanged vs 05-2025 07-2025: 17.4%▼ -6.3 percentage points vs 06-2025 08-2025: 16.6%▼ -0.8 percentage points vs 07-2025 09-2025: 16.6%● unchanged vs 08-2025 10-2025: 16.6%● unchanged vs 09-2025 11-2025: 16.6%● unchanged vs 10-2025 12-2025: 16.7%▲ +0.1 percentage points vs 11-2025 01-2026: 16.7%● unchanged vs 12-2025 02-2026: 16.7%● unchanged vs 01-2026 03-2026: 11.7%▼ -5.0 percentage points vs 02-2026 04-2026: 11.7%● unchanged vs 03-2026 05-2026: 11.2%▼ -0.5 percentage points vs 04-2026lowest value 06-2026: 15.3%▲ +4.1 percentage points vs 05-2026 07-2026: 15.1%▼ -0.2 percentage points vs 06-2026 08-2026: 17.4%▲ +2.3 percentage points vs 07-2026 09-2026: 18.8%▲ +1.4 percentage points vs 08-2026 10-2026: ≥ 25%▲ +7.3 percentage points vs 09-2026highest value
No credit on open account
Liquidity ample (current ratio 8.38, compared with 8.11 in 2023; short-term debt: 11.6% and cash: 0.2% of total assets), but 64.5% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 95, micro): better than 46% on solvency, 44% on liquidity, 36% on profitability and 83% on growth.

The bankruptcy probability was computed on 09-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 209 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 27-02-2026)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Ex-officio strike-off in the KBO
KBO publications
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 25-02-2026, 209 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
209 days late
2023
574 days late
2022
940 days late
2021
52 days late
2020
417 days late
2019
11 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 367 days after the deadline; the sector median (NACE 95) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
  1. Registered officeRegistered-office move
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 71 days late View
  • Total assets 20246 financial years filed €185,484 View
  • Active since 2018founded 24-09-2018 8 years View

By topic

Financials

Financial year
2024
Total assets
€185,484
Profit
€20,838
Solvency
35.5%
Total assets▲ 13.7%
Net result
20192024
Go to Financials

Timeline

Events
11
Since
2020
  1. 25-02-2026Annual accounts filed
  2. 31-12-2024Back to profit
  3. 31-10-2024Address struck
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Tyre servicesNACE 95315
Founded
24-09-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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