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TS FLOORS

Active
Private limited companyfounded 20233 yrs activeMarebeekstraat 9, 9620 Zottegem, BelgiumKBO/BCE: BE 0800.911.875
Summary

The computed 12-month bankruptcy probability of TS FLOORS is 11.7% (high). The 2024 annual accounts show equity of €45,813 and a net result of €28,406. Its solvency ranks better than 47% of 36397 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Laying of wooden floor and wall coverings
NACE 43332
1 site
Size
€387,576turnover 2024
Equity
€45,813
Profit
€28,406
Financial health
33 Weak Checked score 2024
Bankruptcy chance 12 m
11.7%
Structure
Accounts 66 d overdue1 of 2 deeds read
Why 33- 1 change of registered office in 24 months- Figures for FY 2024 (filed 28-09-2025)- 1 financial year not filed after the legal deadline; latest accounts 59 days late; 2 of the last 3 late- Size: turnover €387,576, total assets €103,720Show the evidence

Checked score

Score 2024
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 60% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency 69+19
equity 44.2% of total assets
Liquidity 31-9
short-term debt 42.3% · cash 1.3%
Profitability 89+2
return on assets 27.4%
Bankruptcy probability, 12 months
11.7% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,514 companies)
Last 24 months 11-2024: 2.2% 12-2024: 2.2%● 0.0% vs 11-2024 01-2025: 2.2%▼ -0.2% vs 12-2024 02-2025: 2.2%▼ -0.3% vs 01-2025lowest value 03-2025: 2.3%▲ +5.1% vs 02-2025 04-2025: 2.5%▲ +6.7% vs 03-2025 05-2025: 2.5%▲ +1.7% vs 04-2025 06-2025: 2.5%▼ -1.2% vs 05-2025 07-2025: 2.5%▲ +0.6% vs 06-2025 08-2025: 3.2%▲ +28.7% vs 07-2025 09-2025: 3.7%▲ +14.1% vs 08-2025 10-2025: 4.5%▲ +21.9% vs 09-2025 11-2025: 4.5%● 0.0% vs 10-2025 12-2025: 4.4%▼ -2.2% vs 11-2025 01-2026: 4.4%▼ -0.3% vs 12-2025 02-2026: 4.4%● 0.0% vs 01-2026 03-2026: 4.6%▲ +5.6% vs 02-2026 04-2026: 4.6%● 0.0% vs 03-2026 05-2026: 7.7%▲ +66.3% vs 04-2026 06-2026: 7.8%▲ +1.3% vs 05-2026 07-2026: 7.9%▲ +0.9% vs 06-2026 08-2026: 8.6%▲ +8.9% vs 07-2026 09-2026: 8.7%▲ +1.5% vs 08-2026 10-2026: 11.7%▲ +34.9% vs 09-2026highest value
  • 1 change of registered office in 24 months raises the probability
  • Figures for FY 2024 (filed 28-09-2025) raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 59 days late; 2 of the last 3 late raises the probability
  • Size: turnover €387,576, total assets €103,720 raises the probability for this profile
Credit up to €1,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.18 against 0.82 in 2023; short-term debt: 42.3% and cash: 1.3% of total assets), and 55.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 47%, liquidity 20%, profitability 75%, growth against the median 96%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Figures for FY 2024 (filed 28-09-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 59 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Size: turnover €387,576, total assets €103,720
In the bankruptcy model this factor raises the probability for this profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
59 d late
2023
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 60 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Registered officeRegistered-office move
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Positive: Turnover rose in 2024from €119,722 to €387,576 ▲ 224% View
  • Caution: Accounts not fileddeadline was 31-07-2026 66 d late View
  • Turnover 20242 fiscal years filed €387,576 View

By topic

Financials

Fiscal year
2024
Turnover
€387,576
Profit
€28,406
Solvency
44.2%
Turnover▲ 224%
Net result
20232024
Go to Financials

Timeline

Events
3
Since
2024
  1. 03-04-2026Registered office
  2. 28-09-2025Annual accounts filed
  3. 30-09-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Laying of wooden floor and wall coveringsNACE 43332
Founded
19-04-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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