Gross margin from €363,470 to €414,241Result from €40,539 to €75,096Amendment of the articles · Resignations & appointments04-07Equity from €213,472 to €280,030Cash from €5,429 to €71
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 1,220 companies had the same profile as TNG has now. Each dot stands for 4 companies, two years later.
95.9%
were still trading
2.5%
stopped another way
1.5%
went bankrupt
Small
20 years or older
solvency under 10%
a profit under 5% of the balance sheet
Test of the method
The method was tested on the 497,762 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 1,220 companies, not a prediction for TNG. 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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0877880286
Amendment of the articles · Resignations & appointments
General meeting of 12-06-2024 · Gazette deed
Reappointments: Name after signing inVisible after signing in (managing director) and Name hiddenVisible after signing in (director)
Transfer of shares from Hidden nameVisible after signing in to Name after signing inVisible after signing in · Transfer of shares from Name hiddenVisible after signing in to Hidden nameVisible after signing in · Name after signing inVisible after signing in holds 1,500 shares · General meeting of 04-01-2016 · Gazette deed
The company number of TNG is 0877.880.286. The VAT number is the same number with BE in front: BE 0877.880.286.
Where is TNG based?
The registered office is at Rogierlaan 158, 1030 Schaerbeek.Company details
What is the legal form of TNG?
TNG is a public limited company (NV).
When was TNG founded?
TNG was founded on 13-12-2005.
Is TNG still active?
Yes, TNG is an active enterprise in the KBO register.
What is the turnover of TNG?
The turnover in financial year 2024 is ≈ €830,000. This figure is estimated from the gross margin of €414,241 and 1,019 comparable companies of the same size. It probably lies between €580,000 and €1.2m. It is a rough estimate.Financials
Is TNG profitable?
In financial year 2024, TNG made a profit of €75,096.
Where can I find the annual accounts of TNG?
TNG filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2024.