TPB
ActiveTPB has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-12k) and a net result of €-3k. Equity is shrinking by ~37.2% per year across the filed fiscal years. Its solvency ranks better than 11% of 303 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
17
/ 100
Critical▼ -11 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency33▼-3
Growth58=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.44 against 0.61 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-126.5%
Return on assets
-31.6%
Age of the figures
8 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 11
Relative position
BE, all sectors
reference
Sector 11
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
18192021222425
2018 to 2025 · latest year -€12k
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
31 d late
2024
25 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
31 d late
2018
51 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-12k▼ 33.4%
2024 · €-9k
2018: €11k
2019: €7k
2020: €2k
2021: €2k
2022: €-10k
2024: €-9k
2018 → 2025
Total assets
€9k▼ 32.8%
2024 · €14k
2018: €33k
2019: €33k
2020: €27k
2021: €26k
2022: €12k
2024: €14k
2018 → 2025
Net result
€-3k▼ 24.4%
2024 · €-2k
2018: €-9k
2019: €-4k
2020: €-5k
2021: €123
2022: €-12k
2024: €-2k
2018 → 2025
Working capital
€-12k▼ 33.4%
2024 · €-9k
2018: €-8k
2019: €-12k
2020: €-14k
2021: €-10k
2022: €-19k
2024: €-9k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€2k-€2k▲ 5.6%€-10k€-9k▲ 9.7%€-12k▼ 33.4%
Operating result€-5k-€374€-12k€-2k▲ 82.8%€-3k▼ 25.9%
Net result€-5k-€123€-12k€-2k▲ 80.5%€-3k▼ 24.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €2k in 2024; the loss grows.
Key figures and ratios
Solvency
-126.5%▼
2024 · -63.7%
Current ratio
0.44▼
2024 · 0.61
Quick ratio
0.21▼
2024 · 0.39
Debt / equity
-1.79▲
2024 · -2.57
ROE
25.0%▼
2024 · 26.8%
ROA
-31.6%▼
2024 · -17.1%
Debt
€21k▼
2024 · €22k
Debt ≤ 1 year
€21k▼
2024 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€14k€9k▼
Current assets29/58€14k€9k▼
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Amounts receivable within one year40/41€7k€34▼
Trade receivables40€6k-
Other amounts receivable41€254€34▼
Cash at bank and in hand54/58€2k€4k▲
Deferred charges and accrued income490/1€205€257▲
Equity and liabilities
Total equity and liabilities10/49€14k€9k▼
Equity10/15€-9k€-12k▼
Contributions10/11€40k€40k=
Profit (loss) carried forward14€-49k€-52k▼
Amounts payable17/49€22k€21k▼
Amounts payable within one year42/48€22k€21k▼
Trade debts44€396€301▼
Suppliers440/4€396€301▼
Other amounts payable47/48€22k€20k▼
Income statement
Code20242025
Other operating charges640/8€118€496▲
Gross operating margin9900€-2k€-2k▼
Operating profit (loss)9901€-2k€-3k▼
Financial charges65/66B€337€390▲
Recurring financial charges65€337€390▲
Profit (loss) for the period before taxes9903€-2k€-3k▼
Profit (loss) for the period9904€-2k€-3k▼
Profit (loss) for the period to be appropriated9905€-2k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-49k€-52k▼
Profit (loss) brought forward from the previous period14P€-46k€-49k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-12k ▼9818%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €123
Net result €123 after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
20-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 51 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Edegem · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Parantplaats 162650 EdegemGround area
165 m²
Building footprint
71 m²
Volume, LiDAR
551 m³
Parcel 11013A0039/00V000, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TPB
since 20162.258.978.263
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11013A0039/00V000 | Flanders | 165 m² | 1 · 71 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BREWDGER
BE 1003.628.118
Saint-Georges-sur-Meuse · Eq €2k
De Lentehei
BE 0730.874.907
Herentals · Eq €2k
D³SL
BE 0797.652.873
Bassenge · Eq €2k
Domein Reynaert
BE 0563.355.313
Beveren-Kruibeke-Zwijndrecht · Eq €3k
LA BRASSERIE A ROULETTES
BE 0763.558.957
Gembloux · Eq €2k
Of 727 companies in sector 11050 we hold annual accounts for 351. 104 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-09-2016
Fiscal year end31-12
Activities, NACEBEL
11050Manufacture of beer
11020Manufacture of beverages
46211Wholesale trade
56309Food and beverage service activities
73110Advertising agencies
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.