TS CAMPING CAR
ActiveSummary
The computed 12-month bankruptcy probability of TS CAMPING CAR is 1.8% (moderate). The 2025 annual accounts show equity of €277k and a net result of €177k. Equity is shrinking by ~7% per year across the filed fiscal years. Its solvency ranks better than 43% of 11322 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▲+37
Solvency58▲+16
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.1 in 2024; short-term debt: 62.3% and cash: 8.3% of total assets), and 67.3% of the assets are financed with debt.
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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.7%
Return on assets
20.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
20 d late
2024
24 d early
2023
1 d early
2022
40 d early
2021
24 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€177k▲ 359%
2024 · €39k
2021: €133k
2022: €154k
2023: €-2k
2024: €39k
2021 → 2025
Working capital
€151k▲ 224%
2024 · €47k
2021: €270k
2022: €334k
2023: €299k
2024: €47k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€233k-€388k▲ 66.1%€386k▼ 0.4%€100k▼ 74.1%€277k▲ 177%
Operating result€174k-€205k▲ 17.9%€6k▼ 96.8%€74k▲ 1,044%€255k▲ 243%
Net result€133k-€154k▲ 15.6%€-2k€39k€177k▲ 359%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 243% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €848k
Fixed assets
€169k ▲ 178%
Current assets
€679k ▲ 28.0%
Equity and liabilities €848k
Equity
€277k ▲ 177%
Debt
€571k ▲ 16.2%
Debt's share of the balance-sheet total falls from 83.1% to 67.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€279k▲
2024 · €83k
Cash flow
€201k▲
2024 · €47k
Current ratio
1.29▲
2024 · 1.10
Quick ratio
0.33▼
2024 · 0.80
Debt to equity
2.06▼
2024 · 4.91
ROE
63.9%▲
2024 · 38.6%
ROA
20.9%▲
2024 · 6.5%
Interest coverage
16.64▲
2024 · 3.73
Debt ≤ 1 year
€528k▲
2024 · €484k
Debt > 1 year
€43k▲
2024 · €7k
Income taxes
€61k▲
2024 · €14k
Staff costs
€18k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€591k€848k▲
Fixed assets21/28€61k€169k▲
Tangible fixed assets22/27€61k€169k▲
Plant, machinery and equipment23€288€4k▲
Furniture and vehicles24-€110k
Other tangible fixed assets26€60k€55k▼
Current assets29/58€530k€679k▲
Stocks and contracts in progress3€141k€507k▲
Stocks30/36€141k€507k▲
Amounts receivable within one year40/41€271k€102k▼
Trade receivables40€96k€5k▼
Other amounts receivable41€175k€97k▼
Cash at bank and in hand54/58€114k€70k▼
Deferred charges and accrued income490/1€5k-
Equity and liabilities
Total equity and liabilities10/49€591k€848k▲
Equity10/15€100k€277k▲
Contributions10/11€100k€100k=
Reserves13-€177k
Distributable reserves133-€177k
Amounts payable17/49€491k€571k▲
Amounts payable after more than one year17€7k€43k▲
Financial debts170/4€7k€43k▲
Amounts payable within one year42/48€484k€528k▲
Current portion of amounts payable after more than one year42€46k€56k▲
Financial debts43€300k€300k=
Credit institutions430/8€300k€300k=
Trade debts44€848€4k▲
Suppliers440/4€848€4k▲
Advances received on contracts in progress46€81k€135k▲
Taxes, remuneration and social security45€22k€33k▲
Taxes450/3€22k€31k▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€33k-
Income statement
Code20242025
Remuneration, social security and pensions62-€18k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€24k▲
Other operating charges640/8€9k€254▼
Gross operating margin9900€91k€297k▲
Operating profit (loss)9901€74k€255k▲
Financial income75/76B€8€3▼
Recurring financial income75€8€3▼
Financial charges65/66B€22k€17k▼
Recurring financial charges65€22k€17k▼
Profit (loss) for the period before taxes9903€52k€238k▲
Income taxes67/77€14k€61k▲
Profit (loss) for the period9904€39k€177k▲
Profit (loss) for the period to be appropriated9905€39k€177k▲
Appropriation of the result
Profit (loss) to be appropriated9906€39k€177k▲
Transfer from equity791/2€286k-
Transfer to equity691/2-€177k
To other reserves6921-€177k
Profit to be distributed694/7€324k-
Return on contributions (dividend)694€324k-
The notes to these accounts (7 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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
31-12
Financial
Highest result since 2021net €177k ▲359%
Operating result €255k, net result €177k, both a record.
31-12
Financial
Equity above €200kEq €277k ▲177%
2 profitable years in a row build equity to €277k.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-2k ▼101%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are 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, Thuin · 2 establishment units since 2020
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.
Rue de Beaumont(GOZ) 166534 ThuinGround area
6,655 m²
Building footprint
952 m²
Volume, LiDAR
5,904 m³
2 parcels, Wallonia · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
TS CAMPING CAR
since 20202.307.676.619
Rue de Beaumont(GOZ) 16, 6534 Thuin
since 20262.386.960.657
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56030C0001/00R000 | Wallonia | 6,455 m² | 1 · 750 m² | 7.0 m · 2 fl. |
| 52025B0435/00B000 | Wallonia | 200 m² | 1 · 201 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
GEBROEDERS WAUTERS - MERTENS
BE 0797.843.707
Berlare · Eq €278,219
ViaMotive
BE 0629.680.646
Boortmeerbeek · Eq €279,024
Capitall Twelve
BE 0417.596.183
Antwerpen · Eq €263,478
JDG-TRUCKS
BE 0878.139.317
Hulshout · Eq €262,875
Bart Box
BE 0740.462.960
Balen · Eq €261,289
Of 276 companies in sector 46712 we hold annual accounts for 195. 118 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-09-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46712Wholesale trade
95313Repair and fitting of specific motor vehicle parts
47812Retail trade
47820Retail sale of motor vehicle parts and accessories
47300Retail sale of automotive fuel
47783Retail trade
52210Service activities incidental to land transportation
77110Renting and leasing of cars and light motor vehicles
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.