Titanium
ActiveSummary
Titanium has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €360,313 and a net result of €65,073. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 69% of 13,632 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €360,313
- Profit
- €65,073
Why 97lowers riskLiquidity: current ratio 2.83, cash €121,718Founded in 2008Figures for financial year 2025 (filed 17-08-2026)Equity €360,313 (63.9% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro): better than 70% on solvency, 79% on liquidity, 77% on profitability and 66% on growth.
The bankruptcy probability was computed on 25-10-2026 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
This company filed its last 7 accounts on average 3 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Highest result from 2018 to 2025net €70,656 ▲433%
Financials · financial year 2025, micro format
2025 annual accounts filed late (17 days) Filed on 17 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00400554.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 9% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96.5% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 17,811 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €4,133 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,654 | €15,575 | €3,723 | €3,961 | €5,825 | €20,444 | €33,454 | €34,880 | ▲ 4.3% |
| Other operating charges640/8 | - | - | - | €3,188 | €1,845 | €1,084 | €1,774 | €1,662 | ▼ 6.3% |
| Gross operating margin9900 | €75,865 | €349,572 | €44,399 | €23,083 | €65,404 | €63,784 | €142,744 | €134,543 | ▼ 5.7% |
| Operating profit (loss)9901 | €47,268 | €35,183 | €39,152 | €15,934 | €57,734 | €42,256 | €107,516 | €98,002 | ▼ 8.8% |
| Financial income75/76B | - | - | - | - | - | €4,704 | €8 | €13 | ▲ 65.6% |
| Recurring financial income75 | - | €10,345 | - | - | - | €4,704 | €8 | €13 | ▲ 65.6% |
| Financial charges65/66B | - | - | - | €221 | €1,274 | €23,296 | €7,390 | €6,424 | ▼ 13.1% |
| Recurring financial charges65 | €5,148 | €827 | €58 | €221 | €1,274 | €23,296 | €7,390 | €6,424 | ▼ 13.1% |
| Profit (loss) for the period before taxes9903 | €42,120 | €44,700 | €39,094 | €15,713 | €56,460 | €23,664 | €100,133 | €91,591 | ▼ 8.5% |
| Income taxes67/77 | €14,295 | €16,550 | €12,682 | €6,385 | €17,746 | €10,415 | €29,478 | €26,518 | ▼ 10.0% |
| Profit (loss) for the period9904 | €27,825 | €28,150 | €26,412 | €9,328 | €38,714 | €13,249 | €70,656 | €65,073 | ▼ 7.9% |
| Profit (loss) for the period to be appropriated9905 | €27,825 | €28,150 | €26,412 | €9,328 | €38,714 | €13,249 | €70,656 | €65,073 | ▼ 7.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €417,770 | €210,835 | €247,337 | €249,069 | €367,985 | €513,372 | €541,232 | €563,679 | ▲ 4.1% |
| Fixed assets21/28 | €362,985 | €11,693 | €9,952 | €8,882 | €99,003 | €406,367 | €375,506 | €363,122 | ▼ 3.3% |
| Tangible fixed assets22/27 | €362,985 | €11,693 | €9,952 | €8,882 | €99,003 | €406,367 | €375,506 | €363,122 | ▼ 3.3% |
| Land and buildings22 | - | - | - | - | €81,799 | €347,370 | €327,746 | €308,122 | ▼ 6.0% |
| Plant, machinery and equipment23 | - | - | - | €4,580 | €3,055 | €1,767 | €2,403 | €7,362 | ▲ 206% |
| Furniture and vehicles24 | - | - | - | €4,302 | €14,150 | €57,230 | €45,356 | €47,637 | ▲ 5.0% |
| Current assets29/58 | €54,786 | €199,142 | €237,385 | €240,186 | €268,982 | €107,005 | €165,726 | €200,557 | ▲ 21.0% |
| Amounts receivable within one year40/41 | €22,498 | - | €18,995 | €32,061 | €60,061 | €67,859 | €114,622 | €76,948 | ▼ 32.9% |
| Trade receivables40 | - | - | - | €32,061 | €60,061 | €65,128 | €114,618 | €76,948 | ▼ 32.9% |
| Other amounts receivable41 | - | - | - | - | - | €2,731 | €4 | - | - |
| Current investments50/53 | - | €164,039 | €164,661 | €177,598 | €175,339 | - | - | - | - |
| Cash at bank and in hand54/58 | €29,465 | €35,103 | €53,729 | €30,527 | €9,407 | €37,187 | €48,528 | €121,718 | ▲ 151% |
| Deferred charges and accrued income490/1 | - | - | - | - | €24,174 | €1,960 | €2,575 | €1,891 | ▼ 26.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €417,770 | €210,835 | €247,337 | €249,069 | €367,985 | €513,372 | €541,232 | €563,679 | ▲ 4.1% |
| Equity10/15 | €167,513 | €195,663 | €222,075 | €225,692 | €261,729 | €259,131 | €323,390 | €360,313 | ▲ 11.4% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Contributions outside capital11 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | - | - |
| Share premium1100/10 | - | - | - | - | - | €6,200 | €6,200 | - | - |
| Other1109/19 | - | - | - | €6,200 | €6,200 | - | - | - | - |
| Reserves13 | €161,313 | €189,463 | €215,875 | €219,492 | €255,529 | €252,931 | €317,190 | €354,113 | ▲ 11.6% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | €217,632 | €253,669 | €252,931 | €317,190 | €354,113 | ▲ 11.6% |
| Amounts payable17/49 | €250,257 | €15,172 | €25,263 | €23,377 | €106,256 | €254,241 | €217,842 | €203,366 | ▼ 6.6% |
| Amounts payable after more than one year17 | €173,017 | - | - | - | €49,309 | €195,369 | €164,016 | €132,580 | ▼ 19.2% |
| Financial debts170/4 | - | - | - | - | €49,309 | €195,369 | €164,016 | €132,580 | ▼ 19.2% |
| Amounts payable within one year42/48 | €77,240 | €15,172 | €25,263 | €23,377 | €56,947 | €58,871 | €53,826 | €70,786 | ▲ 31.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €14,734 | €30,212 | €31,353 | €31,797 | ▲ 1.4% |
| Trade debts44 | - | €206 | - | - | €7,447 | €1,585 | €2,429 | €3,528 | ▲ 45.3% |
| Suppliers440/4 | - | - | - | - | €7,447 | €1,585 | €2,429 | €3,528 | ▲ 45.3% |
| Taxes, remuneration and social security45 | - | - | - | €23,024 | €25,449 | €25,854 | €18,044 | €28,341 | ▲ 57.1% |
| Taxes450/3 | - | - | - | €23,024 | €25,449 | €25,854 | €18,044 | €28,341 | ▲ 57.1% |
| Other amounts payable47/48 | - | - | - | €353 | €9,316 | €1,220 | €2,000 | €7,120 | ▲ 256% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,825 | €28,150 | €26,412 | €9,328 | €38,714 | €13,249 | €70,656 | €65,073 | ▼ 7.9% |
| + Depreciation and write-downs630 | €26,654 | €15,575 | €3,723 | €3,961 | €5,825 | €20,444 | €33,454 | €34,880 | ▲ 4.3% |
| Operating cash flow (approximation) | €54,479 | €43,725 | €30,135 | €13,289 | €44,540 | €33,693 | €104,110 | €99,953 | ▼ 4.0% |
| Investment in fixed assets (approximation) | - | €335,716 | -€1,982 | -€2,891 | -€95,946 | -€327,807 | -€2,593 | -€22,496 | ▼ 768% |
| Change in cash | - | €5,638 | €18,626 | -€23,202 | -€21,120 | €27,779 | €11,342 | €73,190 | ▲ 545% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 17-08-2026 | 2026-00400554 |
| 31-12-2024 | micro format | 25-07-2025 | 2025-00317541 |
| 31-12-2023 | micro format | 27-08-2024 | 2024-00377282 |
| 31-12-2022 | micro format | 07-08-2023 | 2023-00317026 |
| 31-12-2021 | micro format | 05-07-2022 | 2022-20153824 |
| 31-12-2020 | micro format | 24-06-2021 | 2021-24300265 |
| 31-12-2019 | micro format | 08-09-2020 | 2020-51900291 |
| 31-12-2018 | micro format | 11-07-2019 | 2019-31900512 |
| 31-12-2017 | micro format | 19-07-2018 | 2018-37700071 |
| 31-12-2016 | micro format | 30-08-2017 | 2017-54200442 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Vincent Willem Louis Xavier GUELINCKX |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
29-09
Gazette deed
Appointment: Vincent Willem Louis Xavier GUELINCKX (statutory director)Amendment of the articles · Capital conversion · Reserve release8 facts ▸
- General meeting, “buitengewone algemene vergadering” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbaar eigen vermogen” (deed in Dutch)
- Reserve release, “beschikbare eigen vermogensrekeningen” (deed in Dutch)
- Purpose change
- Capital
- Director appointment, Vincent Willem Louis Xavier GUELINCKX (statutory director)
- Registered office clause, “Eekhoornlaan 6B,3210 Lubbeek” (deed in Dutch)
Show earlier events
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24063A0014/00B002 | Flanders | 2,538 m² | 1 · 439 m² | 19.8 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De import- en export,klein- en groothandel in alle alcoholische dranken; De uitbating van een webshop; De uitbating van een website met…” (deed in Dutch)
32 activities (deed in Dutch)
- De import- en export,klein- en groothandel in alle alcoholische dranken
- De uitbating van een webshop
- De uitbating van een website met betalend advies
- De import- en export,klein- en groothandel in voertuigen,in het bijzonder auto's en fietsen
- De import- en export,klein- en groothandel in groenten en fruit en andere voedingswaren
- De import- en export,klein- en groothandel in alle textiel,schoenen en kinderartikelen
- Het verlenen van interieuradvies
- Het verstrekken van advies,management,raadgeving,expertises en diensten in de ruimste zin van het woord aan het bedrijfsleven en de overheid
- Het uitwerken van marketing-,onderzoeks- en bedrijfsstrategieën
- Het samenstellen en doseren van cursussen,seminaries,opleidingen,enz.
- Het verstrekken van interim-management aan bedrijven en openbare instellingen
- Het verlenen van diensten aan derden;tussenpersoon in alle handelsaangelegenheden;uitbesteden van werkzaamheden
- Het ontvangen van commissies op diverse bemiddelingen door contacten die verband houden met haar doel
- Het aan- en verkopen,huren en verhuren,oprichten en laten oprichten,beheren en renoveren van onroerende goederen voor eigen beheer
- Het beheer van eigen roerende beleggingen en vermogens
- Het verwerven(op eender welke wijze)en/of aanhouden van participaties in bestaande en/of nog op te richten ondernemingen;het beheren,valoriseren,en te gelde maken van deze participaties
- Het uitoefenen van een bestuursmandaat of mandaat van vereffenaar in andere ondernemingen;het verlenen van managementprestaties en het vervullen van interimopdrachten;het deelnemen aan het toezicht op ondernemingen
- Het telen van gewassen,veeteelt,jacht en diensten in verband met deze activiteiten(A01)
- Bosbouw en de exploitatie van bossen(A02)
- Het bouwen van gebouwen;ontwikkeling van bouwprojecten(F41)
- Het uitvoeren van gespecialiseerde bouwwerkzaamheden(F43)
- Groothandel en handelsbemiddeling,met uitzondering van de handel in motorvoertuigen en motorfietsen(G46)
- Het verschaffen van accommodatie(I55)
- Eet- en drinkgelegenheden(I56)
- Uitgeverijen(J58)
- Ontwerpen en programmeren van computerprogramma's,computerconsultancy-activiteiten en aanverwante activiteiten(J62)
- Het verlenen van dienstverlenende activiteiten op het gebied van informatie(J63)
- De exploitatie van en handel in onroerend goed(L68)
- Architecten en ingenieurs;technische testen en toetsen(M71)
- Diensten in verband met gebouwen;landschapsverzorging(N81)
- Administratieve en ondersteunende activiteiten ten behoeve van kantoren en overige zakelijke activiteiten(N82)
- Reparatie van computers en consumentenartikelen(S95)
- Name clauseThe name the company operates under according to its articles.
- Titanium
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Kan bij enkele beslissing bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen in België of…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “In naam en voor rekening rechtspersoon, met of zonder beperking” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Werkelijke waarde op dag van overgang, overdracht onder levenden en ingevolge overlijden” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 18:00