Financials
- Financial year
- 2024
- Total assets
- €13,559
- Loss
- -€26,393
- Solvency
- 5.2%
Total assets▼ 68.5%
Net result
20192024
TITAN DEFENSE
ActiveSummary
The computed 12-month bankruptcy probability of TITAN DEFENSE is 5.4% (elevated). For TITAN DEFENSE, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €710 and a net result of -€26,393. Equity is growing by about 3% per year across the filed financial years. Its solvency ranks better than 9% of 89 sector peers (NACE 29, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Manufacture of motor vehicles, trailers and semi-trailers
NACE 29100
1 site
Size
€13,559total assets 2024
- Equity
- €710
- Loss
- -€26,393
Financial health
- Bankruptcy probabilitywithin 12 months
- 5.4%
2024 figures too old to score
Structure
- Parent
- Titan Aero Group Group SAS
- Patrice Jean Emilien LAMENDOURDirector
Accounts 356 days overdue1 of 4 deeds read
Signalsraises riskFigures for financial year 2024 (filed 06-12-2024)1 financial year not filed after the legal deadline; latest accounts 36 days late; 1 of the last 3 lateAnnual accounts not filedlowers riskSector: Manufacture of motor vehicles, trailers and semi-trailers (NACE 29)Size: total assets €13,559neutralA punctual record breaksShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: One filing cycle is missing
Financial strength, FY 2024 · tick = 2023
Weak
Solvency
30-60
equity 5.2% of total assets
Liquidity
2-37
short-term debt 91.2% · cash 1.3%
Profitability
0-39
return on assets -194.7%
Bankruptcy probability, 12 months
5.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.1%
12-2024: 2.6%▲ +0.5 percentage points vs 11-2024
01-2025: 1.8%▼ -0.8 percentage points vs 12-2024
02-2025: 1.8%● unchanged vs 01-2025
03-2025: 1.8%● unchanged vs 02-2025
04-2025: 1.8%● unchanged vs 03-2025
05-2025: 1.8%● unchanged vs 04-2025
06-2025: 1.7%▼ -0.1 percentage points vs 05-2025
07-2025: 1.7%● unchanged vs 06-2025
08-2025: 1.3%▼ -0.4 percentage points vs 07-2025
09-2025: 1.2%▼ -0.1 percentage points vs 08-2025lowest value
10-2025: 1.3%▲ +0.1 percentage points vs 09-2025
11-2025: 1.9%▲ +0.6 percentage points vs 10-2025
12-2025: 2.3%▲ +0.4 percentage points vs 11-2025
01-2026: 3.7%▲ +1.4 percentage points vs 12-2025
02-2026: 3.8%▲ +0.1 percentage points vs 01-2026
03-2026: 4.3%▲ +0.5 percentage points vs 02-2026
04-2026: 5.7%▲ +1.4 percentage points vs 03-2026
05-2026: 5.7%● unchanged vs 04-2026
06-2026: 5.9%▲ +0.2 percentage points vs 05-2026highest value
07-2026: 5.5%▼ -0.4 percentage points vs 06-2026
08-2026: 5.5%● unchanged vs 07-2026
09-2026: 5.4%▼ -0.1 percentage points vs 08-2026
10-2026: 5.4%● unchanged vs 09-2026
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Annual accounts not filed
The financial year that closed on 31-03-2025 was due at the National Bank by 31-10-2025. Nothing is on record, 356 days later.
NBB · 5 filingsPosition against the passed deadline
31-03-2025 year end31-10-2025 deadline22-10-2026 today
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 06-12-2024, 36 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
not filed
2024
36 days late
2023
27 days early
2022
70 days early
2021
6 days early
2019
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 20 days before the deadline; the sector median (NACE 29) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · full…
- Resignation: Laurent POURPRIX (director)Appointment: Patrice Jean Emilien LAMENDOUR…
- Weakest financial yearnet -€26,393
Key points
By topic
Board & ownership
- Board
- 1 member
- Parent
- Titan Aero Group Group…
- Known shareholders
- 100%
- Patrice Jean Emilien LAMENDOURDirector
Timeline
- Events
- 8
- Since
- 2020
- 04-10-2023Annual accounts filed
- 22-08-2022Annual accounts filed
- 25-10-2021Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of motor vehicles, trailers and semi-trailersNACE 29100
- Founded
- 26-10-2018
- Year ends
- 31-03
- Peppol
- Not found in the Peppol directory
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