TIRIS
ActiveSummary
The computed 12-month bankruptcy probability of TIRIS is 6.7% (elevated). The 2024 annual accounts show negative equity (-€45,660) and a net result of -€8,549. Equity is shrinking by ~25.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 2940 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-14
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
6.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.1 against 0.08 in 2023; short-term debt: 205.1% and cash: 8.8% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
-120.7%
Return on assets
-22.6%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
192021222324
2019 to 2024 · latest year -€45,660
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
33 d early
2022
32 d late
2021
31 d late
2020
27 d late
2019
on the day
← 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 4 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
-€45,660▼ 23.0%
2023 · -€37,111
Total assets
€37,839▼ 9.0%
2023 · €41,579
Net result
-€8,549▼ 28.7%
2023 · -€6,641
Working capital
-€69,739▼ 4.7%
2023 · -€66,589
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€5,498▲ 71.4%-€11,481▼ 109%-€4,834▲ 57.9%-€5,388▼ 11.5%-€7,493▼ 39.1%
Net result-€7,446within the sector's middle half▲ 69.1%-€12,861below the sector's middle half▼ 72.7%-€6,032within the sector's middle half▲ 53.1%-€6,641below the sector's middle half▼ 10.1%-€8,549below the sector's middle half▼ 28.7%
Equity-€11,577below the sector's middle half▼ 4.0%-€24,438below the sector's middle half▼ 111%-€30,470below the sector's middle half▼ 24.7%-€37,111below the sector's middle half▼ 21.8%-€45,660below the sector's middle half▼ 23.0%
Total assets€61,350below the sector's middle half▼ 13.7%€86,142below the sector's middle half▲ 40.4%€61,671below the sector's middle half▼ 28.4%€41,579below the sector's middle half▼ 32.6%€37,839below the sector's middle half▼ 9.0%
Debt€72,927▼ 11.3%€110,580▲ 51.6%€92,141▼ 16.7%€78,690▼ 14.6%€83,499▲ 6.1%
Working capital-€36,761within the sector's middle half▼ 0.4%-€29,502within the sector's middle half▲ 19.7%-€45,942within the sector's middle half▼ 55.7%-€66,589within the sector's middle half▼ 44.9%-€69,739within the sector's middle half▼ 4.7%
Solvency-18.9%below the sector's middle half▼ 3.2pp-28.4%below the sector's middle half▼ 9.5pp-49.4%below the sector's middle half▼ 21.0pp-89.3%below the sector's middle half▼ 39.8pp-120.7%below the sector's middle half▼ 31.4pp
Current ratio0.08below the sector's middle half▼ 0.050.55below the sector's middle half▲ 0.470.29below the sector's middle half▼ 0.260.08below the sector's middle half▼ 0.210.10below the sector's middle half▲ 0.02
Return on assets (ROA)-12.1%below the sector's middle half▲ 21.8pp-14.9%below the sector's middle half▼ 2.8pp-9.8%below the sector's middle half▲ 5.1pp-16.0%below the sector's middle half▼ 6.2pp-22.6%below the sector's middle half▼ 6.6pp
Staff (FTE)0.5below the sector's middle half▼ 95.8%1below the sector's middle half▲ 100%2below the sector's middle half▲ 100%2below the sector's middle half=2below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7,493 in 2024 against €5,388 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €37,839
Fixed assets
€29,975 ▼ 16.0%
Current assets
€7,864 ▲ 33.2%
Key figures and ratios
EBITDA
€7▼
2023 · €2,112
Cash flow
-€1,049▼
2023 · €859
Quick ratio
0.05▲
2023 · 0.02
Debt to equity
-1.83▲
2023 · -2.12
Interest coverage
0.01▼
2023 · 1.69
Debt ≤ 1 year
€77,603▲
2023 · €72,493
Staff costs
€25,690▲
2023 · €22,723
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,038 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.3%
went bankrupt
8.2%
stopped otherwise
82%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 6.7% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 6,038 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €7,171 | €23,540 | €22,723 | €25,690 | ▲ 13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,500 | €7,500 | €7,500 | €7,500 | €7,500 | = |
| Other operating charges640/8 | - | €708 | €713 | €1,012 | €1,551 | ▲ 53.3% |
| Gross operating margin9900 | €13,635 | €3,899 | €26,919 | €25,848 | €27,248 | ▲ 5.4% |
| Operating profit (loss)9901 | -€5,498 | -€11,481 | -€4,834 | -€5,388 | -€7,493 | ▼ 39.1% |
| Financial charges65/66B | - | €1,380 | €1,199 | €1,253 | €1,056 | ▼ 15.7% |
| Recurring financial charges65 | €1,949 | €1,380 | €1,199 | €1,253 | €1,056 | ▼ 15.7% |
| Profit (loss) for the period before taxes9903 | -€7,446 | -€12,861 | -€6,032 | -€6,641 | -€8,549 | ▼ 28.7% |
| Profit (loss) for the period9904 | -€7,446 | -€12,861 | -€6,032 | -€6,641 | -€8,549 | ▼ 28.7% |
| Profit (loss) for the period to be appropriated9905 | -€7,446 | -€12,861 | -€6,032 | -€6,641 | -€8,549 | ▼ 28.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €61,350 | €86,142 | €61,671 | €41,579 | €37,839 | ▼ 9.0% |
| Fixed assets21/28 | €58,175 | €50,675 | €43,175 | €35,675 | €29,975 | ▼ 16.0% |
| Intangible fixed assets21 | €57,375 | €49,875 | €42,375 | €34,875 | €27,375 | ▼ 21.5% |
| Financial fixed assets28 | €800 | €800 | €800 | €800 | €2,600 | ▲ 225% |
| Current assets29/58 | €3,175 | €35,467 | €18,496 | €5,904 | €7,864 | ▲ 33.2% |
| Stocks and contracts in progress3 | €2,057 | €4,293 | €5,419 | €4,594 | €3,612 | ▼ 21.4% |
| Stocks30/36 | - | €4,293 | €5,419 | €4,594 | €3,612 | ▼ 21.4% |
| Amounts receivable within one year40/41 | - | €15,000 | - | - | - | - |
| Trade receivables40 | - | €15,000 | - | - | - | - |
| Cash at bank and in hand54/58 | €1,050 | €11,213 | €6,690 | €1,310 | €3,325 | ▲ 154% |
| Deferred charges and accrued income490/1 | - | €4,961 | €6,388 | - | €927 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €61,350 | €86,142 | €61,671 | €41,579 | €37,839 | ▼ 9.0% |
| Equity10/15 | -€11,577 | -€24,438 | -€30,470 | -€37,111 | -€45,660 | ▼ 23.0% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Capital10 | - | €20,000 | - | - | - | - |
| Issued capital100 | - | €20,000 | - | - | - | - |
| Outside capital11 | - | - | €20,000 | €20,000 | €20,000 | = |
| Other1109/19 | - | - | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | -€31,577 | -€44,438 | -€50,470 | -€57,111 | -€65,660 | ▼ 15.0% |
| Amounts payable17/49 | €72,927 | €110,580 | €92,141 | €78,690 | €83,499 | ▲ 6.1% |
| Amounts payable after more than one year17 | €22,580 | €12,338 | €1,795 | - | - | - |
| Financial debts170/4 | - | €12,338 | €1,795 | - | - | - |
| Amounts payable within one year42/48 | €39,936 | €64,969 | €64,438 | €72,493 | €77,603 | ▲ 7.0% |
| Current portion of amounts payable after more than one year42 | - | €21,841 | €22,142 | €13,388 | €1,717 | ▼ 87.2% |
| Financial debts43 | - | - | €5,318 | €9,241 | €8,729 | ▼ 5.5% |
| Credit institutions430/8 | - | - | €5,318 | €9,241 | €8,729 | ▼ 5.5% |
| Trade debts44 | €2,453 | €21,534 | €4,191 | €1,152 | €4,102 | ▲ 256% |
| Suppliers440/4 | - | €21,534 | €4,191 | €1,152 | €4,102 | ▲ 256% |
| Advances received on contracts in progress46 | - | €4,837 | €6,388 | - | - | - |
| Taxes, remuneration and social security45 | - | €1,768 | €9,565 | €8,441 | €9,440 | ▲ 11.8% |
| Taxes450/3 | - | €432 | €6,701 | €5,176 | €5,938 | ▲ 14.7% |
| Remuneration and social security454/9 | - | €1,336 | €2,864 | €3,264 | €3,502 | ▲ 7.3% |
| Other amounts payable47/48 | - | €14,989 | €16,834 | €40,271 | €53,616 | ▲ 33.1% |
| Accrued charges and deferred income492/3 | - | €33,273 | €25,908 | €6,197 | €5,895 | ▼ 4.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,446 | -€12,861 | -€6,032 | -€6,641 | -€8,549 | ▼ 28.7% |
| + Depreciation and write-downs630 | €7,500 | €7,500 | €7,500 | €7,500 | €7,500 | = |
| Operating cash flow (approximation) | €54 | -€5,361 | €1,468 | €859 | -€1,049 | ▼ 222% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€1,800 | - |
| Change in cash | - | €10,163 | -€4,524 | -€5,379 | €2,015 | ▲ 137% |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 32 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Erpe-Mere · 3 establishment units since 2018
Ground area
597 m²
Building footprint
508 m²
Volume, LiDAR
4,064 m³
3 parcels, Flanders · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
3 establishment units
Den heiligen Gheest
since 20182.279.232.853
Ravazjol
since 20182.279.232.952
Tiny's
since 20262.390.541.145
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41016C1021/00H000 | Flanders | 249 m² | 1 · 110 m² | 10.3 m · 2 fl. |
| 41002A0880/00G000 | Flanders | 206 m² | 2 · 206 m² | 15.1 m · 4 fl. |
| 41002A0932/00H000 | Flanders | 142 m² | 1 · 192 m² | 13.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
3 sitesAalst2.279.232.853
Aalst2.279.232.952
Aalst2.390.541.145
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Of 14,005 companies in sector 56301 we hold annual accounts for 4,897. 647 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded27-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
56302Nightclubs
E-invoicing
Reachable via Peppol
Peppol ID
0208:0701771937
Also
9925:BE0701771937
Registered
16-09-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.