Equity
-€80,846
Debts exceed assets in financial year 2025.
TOM MARES
Lifetime
11 annual accounts with figures on one time axispeak €67,106 (2021)
-€101,077▼ €91,907
lowest -€119,572 (2025)
-€119,572▼ €88,855
peak €69,443 (2023)
-€80,846▼ €119,572
€275,721▲ 97.6%
Board3 names since 2014
1 directorMARES Tom
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Judicial reorganisation opened 17-11Gross margin from -€9,170 to -€101,077Loss of €119,572Equity from €38,726 to -€80,846Debts from €139,560 to €275,721
Key points
from the 2025 annual accountsResult
-€119,572 ▼ 289%
The result fell in 2025 from -€30,717 to -€119,572.
Debts
€275,721 141% of the balance sheet
Financial debts 8%Suppliers 72%Taxes and wages 19%
Of this, €265,032 falls due within a year.
Liquidity
0.71 was 2.91 in 2024
Short-term debts rose from €56,875 to €265,032.
Filings
11 annual accounts since 2015
Six of the last ten came late. The 2023 accounts came latest: 77 days after the end of the period.
Position in the sector
-€119,572
Lower net result than 95% of companies in furniture. Sector median €5,119 · 505 companies.
Turnover not published (micro format)
Checked score
5
Critical
Financially stronger than 4% of micro companies in furniture (NACE 31)
Probability in this band: over 15.0%
Bankruptcy probability within 12 months
≥ 25% High
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 829 companies (NACE 31, micro).
About 1 in 3 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.1%
01-2025: 3.6%▼ -0.5 percentage points vs 12-2024
02-2025: 3.6%● unchanged vs 01-2025
03-2025: 3.6%● unchanged vs 02-2025
04-2025: 3.6%● unchanged vs 03-2025
05-2025: 3.5%▼ -0.1 percentage points vs 04-2025
06-2025: 3.4%▼ -0.1 percentage points vs 05-2025
07-2025: 3.1%▼ -0.3 percentage points vs 06-2025lowest value
08-2025: 4.1%▲ +1.0 percentage point vs 07-2025
09-2025: 4.7%▲ +0.6 percentage points vs 08-2025
10-2025: 5.8%▲ +1.1 percentage points vs 09-2025
11-2025: 5.8%● unchanged vs 10-2025
04-2026: ≥ 25%
05-2026: ≥ 25%● unchanged vs 04-2026
06-2026: ≥ 25%● unchanged vs 05-2026
07-2026: 24.7%▼ -1.1 percentage points vs 06-2026
08-2026: ≥ 25%▲ +3.2 percentage points vs 07-2026
09-2026: ≥ 25%● unchanged vs 08-2026highest value
10-2026: ≥ 25%● unchanged vs 09-2026highest value
11-2026: ≥ 25%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Reorganisation plan being carried out (approved, Gazette 23-03-2026)
Loss of €119,572, the second in a row (financial year 2025)
Last filed accounts filed 31 days late; 3 of the last 3 accounts late
lowers risk
Size: total assets €194,875
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 31, micro). It does better than 6% of them on solvency, 1% on liquidity, 7% on profitability and 1% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the high class on 30-06-2025, 14.6% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,907 companies had the same profile as TOM MARES has now. Each dot stands for 18 companies, two years later.
85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of TOM MARES itself is higher: ≥ 25% within 12 months. It rests on far more data about TOM MARES than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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% |
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 6,907 companies, not a prediction for TOM MARES. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.71 (2.91 in 2024), below 1. Short-term debt is 136% of total assets. Equity is negative.
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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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€80,846
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filingsDeviation from the deadline
2025
31 days late
2024
57 days late
2023
77 days late
2022
31 days late
2021
31 days early
2020
31 days late
2019
1 day early
← 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 28 days after the deadline. In the sector (NACE 31), the median for financial year 2024 was 7 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 47 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Plan homologation
Enterprise Court of Brussels · judgment of 09-03-2026 · Judicial reorganisation
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0555656184
Judicial reorganisation opened
Enterprise Court of Brussels · collective agreement (SME) · judgment of 12-11-2025 · Judicial reorganisation
Resignation: Peter-Jan Scherpereel (director)
Permanent representative: Werner De Smet · Director discharge: Peter-Jan Scherpereel (director (not named in the articles)) · General meeting of 06-08-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TOM MARES Brussels | €194,875 | -€101,077 | -41.5% | - |
| CAC-MENUISERIE Rixensart | €102,038 | -€51,022 | -20.6% | - |
| Design Studio Eric Vandewinckel Rotselaar | €119,454 | -€4,816 | -52.3% | - |
| SOFABED EUROPE Hasselt | €361,376 | -€108,992 | -94.1% | 1 |
| PAD MEUBELATELIER Ghent | €114,545 | €2,581 | 10.0% | - |
| DELCO INTERIEUR Deerlijk | €545,100 | €1,211 | 21.5% | - |
| L' ESPACE DE C Antwerp | €71,814 | €2,203 | 58.6% | - |
These companies have the same main activity as TOM MARES: manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004). They are comparable in size and age: total assets between €71,800 and €545,000, founded between 2009 and 2019.
Official details
Source: KBO- Status
- Active since 03-07-2014Normal situation
- Activity
- Manufacture of dining room, living room, bedroom and bathroom furnitureNACE 31004and 5 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2021
- Establishment unit
- 2.232.736.8921000 Brussels, since 24-07-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Insights on TOM MARES
TOM MARES files the micro format. That format states no turnover. The gross margin fell from €12,684 in 2015 to -€101,077 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 TOM MARES
- What is the company number of TOM MARES?
- The company number of TOM MARES is 0555.656.184. The VAT number is the same number with BE in front: BE 0555.656.184.
- Where is TOM MARES based?
- The registered office is at Vlaamsesteenweg 144, 1000 Brussels.Company details
- What does TOM MARES do?
- According to the KBO register, the main activity is manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004).
- What is the legal form of TOM MARES?
- TOM MARES is a private limited company (BV).
- When was TOM MARES founded?
- TOM MARES was founded on 03-07-2014.
- Is TOM MARES still active?
- Yes, TOM MARES is an active enterprise in the KBO register.
- How many employees does TOM MARES have?
- TOM MARES had an average of 0.3 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- Which joint committee does TOM MARES fall under?
- In its 2021 annual accounts, TOM MARES states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of TOM MARES?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it. In financial year 2021 turnover was €584,875.
- Is TOM MARES profitable?
- In financial year 2025, TOM MARES made a loss of €119,572.
- Where can I find the annual accounts of TOM MARES?
- TOM MARES filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TOM MARES due?
- TOM MARES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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