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Tiseko

Active
Private limited companyfounded 2013active for 13 yearsPachthofstraat 16, 9308 Aalst, BelgiumKBO/BCE: BE 0534.688.942
Summary

The computed 12-month bankruptcy probability of Tiseko is 3.6% (moderate). The 2024 annual accounts show negative equity (-€3,443) and a net result of -€3,513. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 13% of 1,119 sector peers (NACE 18, financial year 2025). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 24-05-2013 Normal situation
Activity
Other printing NACE 18120and 1 other
Establishment unit
2.220.228.545 9308 Aalst, since 23-05-2013
Financial year end
31 December
Peppol
Reachable since 10-01-2024

Board and ownership

Board

Financial position

47 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.6%
Annual accounts 2024
Gross margin
€11,451
Turnover
≈ €88,000
estimated
Loss
€3,513
Equity
-€3,443
Total assets
€89,113
  • Negative equity on 31-12-2024
  • 2024 accounts filed 60 days after the deadline
Filed on 29-09-2025
Score breakdownraises riskLast filed accounts filed 91 days late; 2 of the last 3 accounts lateLoss of €9,220, the second in a row (financial year 2025)Negative equity -€12,662lowers riskSize: total assets €83,466Show the evidence

Checked score

Score 2024
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 14% of micro companies in printing (NACE 18)
Financial strength · tick: 2023
Weak
Solvency 21-4
equity -3.9% of total assets
Liquidity 6-2
short-term debt 83.9% · cash 1.4%
Profitability 29+14
return on assets -3.9%
Bankruptcy probability within 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,614 companies, NACE 18, micro)
Last 24 months 12-2024: 1.0%lowest value 01-2025: 1.2%▲ +0.2 percentage points vs 12-2024 02-2025: 1.8%▲ +0.6 percentage points vs 01-2025 03-2025: 1.9%▲ +0.1 percentage points vs 02-2025 04-2025: 3.1%▲ +1.2 percentage points vs 03-2025 05-2025: 3.3%▲ +0.2 percentage points vs 04-2025 06-2025: 4.2%▲ +0.9 percentage points vs 05-2025 07-2025: 5.5%▲ +1.3 percentage points vs 06-2025 08-2025: 5.5%● unchanged vs 07-2025 09-2025: 5.7%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 5.2%▼ -0.5 percentage points vs 09-2025 11-2025: 1.5%▼ -3.7 percentage points vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.4%▼ -0.1 percentage points vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.5%▲ +0.1 percentage points vs 03-2026 05-2026: 1.4%▼ -0.1 percentage points vs 04-2026 06-2026: 1.4%● unchanged vs 05-2026 07-2026: 1.4%● unchanged vs 06-2026 08-2026: 2.0%▲ +0.6 percentage points vs 07-2026 09-2026: 2.4%▲ +0.4 percentage points vs 08-2026 10-2026: 3.6%▲ +1.2 percentage points vs 09-2026 11-2026: 3.6%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.83 (1.01 in 2023), below 1. Short-term debt is 83.9% and cash 1.4% of total assets. Equity is negative.
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 18, micro). It does better than 15% of them on solvency, 6% on liquidity and 21% on profitability.

The bankruptcy probability was computed on 01-11-2026 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.

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

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 91 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €83,466
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €9,220, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€12,662
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
192021222324
2019 to 2024 · latest year -€3,443
raises risk · 2024 accounts filed 60 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2024
60 days late
2023
26 days late
2022
15 days late
2021
11 days late
2020
10 days late
2019
24 days late
2018
23 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 24 days after the deadline. In the sector (NACE 18), the median for financial year 2024 was 5 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€3,443 View
  • Risk: 3 loss-making years in a rowloss in financial year 2024 -€3,513 View
  • Caution: Less equity than 87% of companies in printingsector median €63,697 · 1,120 companies -€12,662 View

Comparable companies

These companies have the same main activity as Tiseko: other printing (NACE 18120). They are comparable in size and age: total assets between €59,000 and €163,000, founded between 2010 and 2015.

CompanyTotal assetsGross margin
Tiseko Aalst€83,466€631
PMONFORT Waremme€86,860-€36,969
NAUTILUS ART PRINTS Ukkel€75,911-€17,873
DRUKHUIS KOPPIE KOPIES Oostende€118,018-€6,184
IMPALA Overseas Business Development Aartselaar€59,008-€13,613
ETIKETTEN VERHAEGHE Kortemark€150,507-€433
MAXI-PRINT Scherpenheuvel-Zichem€163,335-€461
Full comparison

Key facts about Tiseko

What is the company number of Tiseko?
The company number of Tiseko is 0534.688.942. The VAT number is the same number with BE in front: BE 0534.688.942.
Where is Tiseko based?
The registered office is at Pachthofstraat 16, 9308 Aalst.Company details
What does Tiseko do?
According to the KBO register, the main activity is other printing (NACE 18120).
What is the legal form of Tiseko?
The legal form of Tiseko is Private limited company (BV).
When was Tiseko founded?
Tiseko was founded on 24-05-2013.
Is Tiseko still active?
Yes, Tiseko is an active enterprise in the KBO register.
What is the turnover of Tiseko?
The turnover in financial year 2024 is ≈ €88,000. This figure is estimated from the gross margin of €11,451 and 6,330 comparable companies of the same size. It probably lies between €40,000 and €210,000. It is a rough estimate.Financials
Is Tiseko profitable?
In financial year 2024, Tiseko made a loss of €3,513.
Where can I find the annual accounts of Tiseko?
Tiseko filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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