Financials
- Financial year
- 2024
- Total assets
- €231,619
- Profit
- €21,622
- Solvency
- 84.9%
Turnover▲ 7.4%
Net result
20182022
TOURNAI - ART
ActiveSummary
The computed 12-month bankruptcy probability of TOURNAI - ART is 1.9% (moderate). The 2024 annual accounts show equity of €196,686 and a net result of €21,622. Equity remains stable across the filed financial years (±1.3% per year). Its solvency ranks better than 91% of 25,566 sector peers (NACE 47, financial year 2024). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Overview
Activity
Retail sale of newspapers and periodicals
NACE 47621
Size
≈ €260,000turnover 2024, estimated
- Equity
- €196,686
- Profit
- €21,622
Turnover estimated from the gross margin
Structure
2025 accounts not filed, 89 days past the deadline1 deed in the Belgian Official Gazette
Why 56raises riskFigures for financial year 2024 (filed 08-10-2025)Size: total assets €231,619No registered site in the KBOlowers riskFounded in 2002Show the evidence
Checked score
Score 2024
56
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 66% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Strong
Solvency
100=
equity 84.9% of total assets
Liquidity
57+9
short-term debt 15.1% · cash 7.9%
Profitability
61+25
return on assets 9.3%
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.8%highest value
12-2024: 1.4%▼ -2.4 percentage points vs 11-2024
01-2025: 1.4%● unchanged vs 12-2024
02-2025: 1.4%● unchanged vs 01-2025
03-2025: 1.4%● unchanged vs 02-2025
04-2025: 1.4%● unchanged vs 03-2025
05-2025: 1.4%● unchanged vs 04-2025
06-2025: 1.3%▼ -0.1 percentage points vs 05-2025
07-2025: 1.6%▲ +0.3 percentage points vs 06-2025
08-2025: 1.9%▲ +0.3 percentage points vs 07-2025
09-2025: 2.1%▲ +0.2 percentage points vs 08-2025
10-2025: 2.7%▲ +0.6 percentage points vs 09-2025
11-2025: 0.7%▼ -2.0 percentage points vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026lowest value
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.8%▲ +0.1 percentage points vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 1.2%▲ +0.4 percentage points vs 07-2026
09-2026: 1.4%▲ +0.2 percentage points vs 08-2026
10-2026: 1.9%▲ +0.5 percentage points vs 09-2026
Credit of up to €11,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 6.6, compared with 5.37 in 2023, above the usual 1.5; short-term debt: 15.1% and cash: 7.9% of total assets), and 15.1% of the assets are financed with debt and provisions.
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 47, micro): better than 92% on solvency, 63% on liquidity, 43% on profitability and 64% on growth.
The bankruptcy probability was computed on 27-10-2026 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
Seven signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 89 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline28-10-2026 today
raises risk · 2024 accounts filed 61 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not filed
2024
61 days late
2023
116 days late
2022
44 days late
2021
567 days late
2020
941 days late
2019
1306 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 506 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawn
- Annual accounts filedfinancial year 2024 · micro…
- Highest result from 2018 to 2024net €21,622 ▲457%
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Timeline
- Events
- 26
- Since
- 2003
- 08-03-2024Strikeout withdrawn
- 27-02-2024Annual accounts filed
- 27-02-2024Annual accounts filed
Company details
- Legal form
- Private limited company (pre-2019)
- Activity
- Retail sale of newspapers and periodicalsNACE 47621
- Founded
- 10-09-2002
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about TOURNAI - ART
- What is the company number of TOURNAI - ART?
- 0478.297.003. In Belgium the VAT number is the company number with BE in front: BE 0478.297.003.
- Where is TOURNAI - ART based?
- The registered office is at Rue de Courtrai(TOU) 15, 7500 Tournai.Company details
- What does TOURNAI - ART do?
- According to the KBO register, the main activity is retail sale of newspapers and periodicals (NACE 47621).
- What is the legal form of TOURNAI - ART?
- Private limited company (pre-2019) (BVBA).
- When was TOURNAI - ART founded?
- On 10-09-2002.
- Is TOURNAI - ART still active?
- Yes, TOURNAI - ART is an active enterprise in the KBO register.
- What is the turnover of TOURNAI - ART?
- €227,810 in financial year 2022, according to the filed annual accounts.Financials
- Is TOURNAI - ART profitable?
- In financial year 2024, TOURNAI - ART made a profit of €21,622.
- Where can I find the annual accounts of TOURNAI - ART?
- TOURNAI - ART filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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