Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
The micro format states no turnover.
Of this, €148,889 falls due within a year.
Lower net result than 91% of companies in repair of computers and personal goods. Sector median €8,384 · 3,329 companies.
In July 2024, 1,251 companies had the same profile as TSBM has now. Each dot stands for 4 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,251 companies, not a prediction for TSBM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| TSBM Wellin | €815,644 | €70,049 | -1.9% | - |
| AUTO BX Sint-Pieters-Leeuw | €574,949 | €48,081 | -3.6% | - |
| Prestige Car Detailing Lommel | €667,214 | €125,802 | -11.5% | 1.5 |
| FRANSSEN CAR La Calamine | €343,158 | €71,176 | 17.0% | - |
| BGB Carwrapping Peer | €356,136 | €151,887 | 65.3% | - |
| MB AUTOMOBILE Liège | €321,060 | €99,142 | 51.6% | - |
| van Dijk Outdoor & Recreatie Hoogstraten | €337,799 | €90,008 | 46.9% | - |
These companies have the same main activity as TSBM: other maintenance and repair of motor vehicles (NACE 95319). They are comparable in size and age: total assets between €321,000 and €667,000, founded between 2022 and 2023.
TSBM has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€15,901) and a net result of -€18,506.
Its solvency ranks better than 18% of 3,330 sector peers (NACE 95, financial year 2025).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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