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TP-BEL

Active
Private limited companyfounded 20224 years activeBellegemsestraat(Bel) 253, 8510 Kortrijk, BelgiumKBO/BCE: BE 0790.185.160
Summary

The computed 12-month bankruptcy probability of TP-BEL is 1.5% (moderate). The 2025 annual accounts show negative equity (-€1.1m) and a net result of -€216,023. Equity is shrinking by ~50.2% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€3.6mtotal assets 2025
Equity
-€1.1m
Loss
-€216,023
Turnover not published (abridged schema)
Financial health
53 Fair Checked score 2025
Bankruptcy probability, 12 months
1.5%
Structure
Accounts 10 days early0 of 3 deeds read
Why 53Capped at 59: negative equity- 1 change of registered office in 24 months- Negative equity -€1.1m+ Size: total assets €3.6m+ No main activity registeredShow the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 16% of its sector peers (no NACE code, small)
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -30.2% of total assets
Liquidity 50-13
short-term debt 12.2% · cash 1.2%
Profitability 11+11
return on assets -6.0%
Bankruptcy probability, 12 months
1.5% 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: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.5%▼ -0.1 percentage points vs 04-2025 06-2025: 0.6%▲ +0.1 percentage points vs 05-2025 07-2025: 0.5%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 0.6%▲ +0.1 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.8%▲ +0.2 percentage points vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 1.0%▲ +0.2 percentage points vs 06-2026 08-2026: 1.2%▲ +0.2 percentage points vs 07-2026 09-2026: 1.4%▲ +0.2 percentage points vs 08-2026 10-2026: 1.5%▲ +0.1 percentage points vs 09-2026highest value
No credit on open account
Liquidity short (current ratio 0.11 against 0.73 in 2024; short-term debt: 12.2% and cash: 1.2% of total assets), and equity is negative.
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 (no NACE code, small): better than 1% on solvency, 48% on liquidity, 4% on profitability and 10% on growth.

The bankruptcy probability was computed on 07-10-2026 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

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €3.6m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
lowers risk · No main activity registered
KBO
raises risk · Negative equity -€1.1m
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€1.1m
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 21-10-2025, 10 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
10 days early
2024
30 days early
2023
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 13 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 21 October (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close07-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Weakest financial yearnet -€662,234

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€1.1m View
  • Risk: 3 loss-making years in a rowloss fiscal year 2025 -€216,023 View
  • Positive: Result rose in 2025from -€662,234 to -€216,023 ▲ 67.4% View

By topic

Financials

Fiscal year
2025
Total assets
€3.6m
Loss
-€216,023
Solvency
-30.2%
Total assets▲ 135%
Net result
20232025
Go to Financials

Timeline

Events
4
Since
2023
Next accounts
by 31-10-2026
  1. 31-10-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
29-08-2022
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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