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TIRIS

Active Private limited company (pre-2019)founded 2018active for 8 yearsEdiksveldestraat 38, 9420 Erpe-MereKBO/BCE: BE 0701.771.937

Lifetime

7 annual accounts with figures on one time axis
peak €42,100 (2019)
€11,958▼ 56.1%
lowest -€24,131 (2019)
-€23,553▼ €15,005
peak -€11,131 (2019)
-€69,213▼ €23,553
€102,595▲ 22.9%
peak 12 FTE (2019)
2 FTEunchanged
Board3 names since 2018
2 directors and 1 other
Documentsfilings and deeds
30-06-202631 days before the deadline
2025abbreviated format
Gross margin from €27,248 to €11,958Loss of €23,553Equity from -€45,660 to -€69,213Debts from €83,499 to €102,595Cash from €3,325 to €5,655

Key points

from the 2025 annual accounts

Equity

-€69,213
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€89,213 in seven years
-24,1312019-7,4462020-12,8612021-6,0322022-6,6412023-8,5492024-23,5532025

Every financial year from 2019 to 2025 closed with a loss. 2019 was the heaviest.

Debts

€102,595 307% of the balance sheet
Financial debts 8%Suppliers 10%Taxes and wages 8%Other 73%

Staff

2 FTE from 12 in 2019

Between 2019 and 2025, 83% of the full-time equivalents disappeared.

Filings

7 annual accounts 3 late
AprilJune31 JulyOctober202020222024

The 2022 accounts came latest: 32 days after the end of the period.

Position in the sector

-207.3%

Lower solvency than 95% of companies in food and beverage service. Sector median 29.9% · 4,115 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,007 companies had the same profile as TIRIS has now. Each dot stands for 16 companies, two years later.

83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.8% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

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 6,007 companies, not a prediction for TIRIS. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Manager, since 27-08-2018
Director, since 27-08-2018
  • 100 sharesdeed of 29-08-2018
  • 100 sharesdeed of 29-08-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0701771937
New establishment in Aalst Tiny's, Hopmarkt 43
Incorporation Founding capital of €20,000, 200 shares, €7,000 paid up · Founders: and · Appointments: (manager) and (manager) · published on 29-08-2018 · Gazette deed
2 establishments registered Aalst
All 11 events

Comparable companies

same main activity, similar in size and age
Company
TIRIS Erpe-Mere €33,382 €11,958 -207.3% 2
Billy Bonka Ghent €36,503 €16,285 3.6% -
NEVELMAN Ninove €35,750 €18,174 52.5% -
MOS + MOK Sint-Niklaas €36,166 €8,292 -34.1% -
VERLAMMT Ghent €53,892 €58,205 -61.9% 2.1
De Cort Assenede €36,101 €17,398 -51.8% -
High Five Lommel Lommel €29,573 €10,926 -69.3% -

These companies have the same main activity as TIRIS: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €29,600 and €53,900, founded between 2017 and 2020.

Official details

Source: KBO
Status
Active since 27-08-2018Normal situation
Activity
Cafés and barsNACE 56301and 1 other
Joint committee
302Hotels and catering · annual accounts 2025
Establishment units
2.279.232.8539300 Aalst, since 27-08-2018
2.279.232.9529300 Aalst, since 27-08-2018and 1 other
Financial year end
31 December
Peppol
Reachable since 16-09-2026
Company details

Annual accounts 2025

≈ €130,000estimated
€33,382▼ 11.8%
Employeeson 31-12-2025
9▼ 10.0%
Filing
Filed on 30-06-2026, 31 days before the end of the filing period
Financials

Insights on TIRIS

TIRIS files the abbreviated format. That format states no turnover. The gross margin fell from €42,100 in 2019 to €11,958 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about TIRIS

What is the company number of TIRIS?
The company number of TIRIS is 0701.771.937. The VAT number is the same number with BE in front: BE 0701.771.937.
Where is TIRIS based?
The registered office is at Ediksveldestraat 38, 9420 Erpe-Mere.Company details
What does TIRIS do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of TIRIS?
TIRIS is a private limited company (pre-2019) (BVBA).
When was TIRIS founded?
TIRIS was founded on 27-08-2018.
Is TIRIS still active?
Yes, TIRIS is an active enterprise in the KBO register.
How many employees does TIRIS have?
TIRIS had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does TIRIS fall under?
In its 2025 annual accounts, TIRIS states joint committee 302 (Hotels and catering).
What is the turnover of TIRIS?
The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €11,958 and 129 comparable companies (NACE 56301). It probably lies between €62,000 and €260,000. It is a rough estimate.
Is TIRIS profitable?
In financial year 2025, TIRIS made a loss of €23,553.
Where can I find the annual accounts of TIRIS?
TIRIS filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TIRIS due?
TIRIS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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