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TSH INVEST

Active
Private limited company (pre-2019)founded 2014active for 11 yearsMadouplein 7, 1210 Sint-Joost-ten-Node, BelgiumKBO/BCE: BE 0506.845.487

The file of TSH INVEST contains 3 judicial reorganisation notices and 1 administrative flag, as published in the Belgian Official Gazette.

Summary

The computed 12-month bankruptcy probability is at least 25% (high). The 2024 annual accounts show equity of €63,533 and a net result of -€50,275. Equity has been shrinking by about 2.8% per year since 2018. Its solvency ranks better than 15% of 20,538 sector peers (NACE 62, financial year 2024).

Overview

Official details

Source: KBO
Status
Active since 15-12-2014 Normal situation
Activity
Computer consultancy and computer facilities management NACE 62200and 1 other
Establishment unit
2.283.475.317 since 18-09-2018
Financial year end
31 December
Peppol
Reachable since 14-09-2026

Board and ownership

Board
  • Tshombe Naweji DavidDirector · since 15-12-2014

Financial position

2 Critical Checked score 2024
Bankruptcy probabilitywithin 12 months
≥ 25%
Annual accounts 2024
Gross margin
-€47,028
Loss
€50,275
▲ 240%
Equity
€63,533
▼ 44.2%
Total assets
€416,134
▼ 70.7%
  • €82,528 of overdue tax debts on 31-12-2024
  • 2025 accounts not filed, 95 days past the deadline
Score breakdownraises riskReorganisation plan being carried out (approved, Gazette 23-07-2025)2 changes of registered office in 24 monthsLiquidity: current ratio 1.18Ex-officio strike-off in the KBOShow the evidence

Checked score

Score 2024
2 / 100
Critical
Probability in this band: over 15.0%
Financially stronger than 13% of micro companies in computer programming and consultancy (NACE 62)
Financial strength · tick: 2023
Weak
Solvency 40+7
equity 15.3% of total assets
Liquidity 7+7
short-term debt 84.7%
Profitability 7-28
return on assets -12.1%
Bankruptcy probability within 12 months
≥ 25% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 2 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,913 companies, NACE 62, micro)
Last 24 months 12-2024: 3.5%lowest value 01-2025: 3.5%● unchanged vs 12-2024lowest value 08-2025: ≥ 25% 09-2025: ≥ 25%● unchanged vs 08-2025 10-2025: ≥ 25%● unchanged vs 09-2025 11-2025: ≥ 25%● unchanged vs 10-2025 12-2025: ≥ 25%● unchanged vs 11-2025 01-2026: ≥ 25%● unchanged vs 12-2025 02-2026: ≥ 25%● unchanged vs 01-2026 03-2026: ≥ 25%● unchanged vs 02-2026 04-2026: ≥ 25%● unchanged vs 03-2026 05-2026: ≥ 25%● unchanged vs 04-2026 06-2026: ≥ 25%● unchanged vs 05-2026 07-2026: ≥ 25%● unchanged vs 06-2026 08-2026: ≥ 25%● unchanged vs 07-2026 09-2026: ≥ 25%● unchanged vs 08-2026 10-2026: ≥ 25%● unchanged vs 09-2026highest value 11-2026: ≥ 25%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is tight, with a current ratio of 1.18 (1.08 in 2023), below the usual 1.5. Short-term debt is 84.7% of total assets. 84.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 (NACE 62, micro). It does better than 19% of them on solvency, 3% on liquidity, 12% on profitability and 16% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Nine signals.
raises risk
raises risk · Reorganisation plan being carried out (approved, Gazette 23-07-2025)
Belgian Official Gazette
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
raises risk · Liquidity: current ratio 1.18
NBB · annual accounts
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€50,275
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 20538 sector peers (2024).
NBB · sector comparison
Position among 20538 sector peers
Solvency
better than 15%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 95 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline03-11-2026 today
raises risk · 2024 accounts filed 103 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-11-2025, 103 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
103 days late
2023
73 days late
2022
84 days late
2021
429 days late
2020
339 days late
2019
171 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 200 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

Key points

  • Caution: Lower net result than 95% of companies in computer programming and consultancysector median €27,585 · 20,540 companies -€50,275 View
  • Caution: Equity fell in 2024from €113,809 to €63,533 ▼ 44.2% View
  • Caution: 2 loss-making years in a rowloss in financial year 2024 -€50,275 View

Recent changes

  1. · Gazette deed Registered office moved from Ixelles to Saint-Josse-ten-NoodeNew seat: Place Madou 7, 1210 Saint-Josse-ten-Noode · Previous seat: Avenue Louise 134/4, 1050 Ixelles
  2. · KBO administration Address struckevent 31-05-2026
  3. · Judicial reorganisation Plan homologationFrench-language Enterprise Court of Brussels · judgment of 10-07-2025
All 22 events

Comparable companies

These companies have the same main activity as TSH INVEST: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €381,000 and €455,000, founded between 2014 and 2015.

CompanyTotal assetsGross margin
TSH INVEST Sint-Joost-ten-Node€416,134-€47,028
SOLUXION Anzegem€409,174-€5,479
Semcor Edegem€402,026-€19,614
EBYTE Zandhoven€424,021-€6,031
IT SUCCEED Soignies€430,784-€12,674
U-Volt Kontich€454,624-€235,089
KBSolutions Genk€381,064€606
Full comparison

Key facts about TSH INVEST

What is the company number of TSH INVEST?
The company number of TSH INVEST is 0506.845.487. The VAT number is the same number with BE in front: BE 0506.845.487.
Where is TSH INVEST based?
The registered office is at Madouplein 7, 1210 Sint-Joost-ten-Node.Company details
What does TSH INVEST do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of TSH INVEST?
The legal form of TSH INVEST is Private limited company (pre-2019) (BVBA).
When was TSH INVEST founded?
TSH INVEST was founded on 15-12-2014.
Is TSH INVEST still active?
Yes, TSH INVEST is an active enterprise in the KBO register.
What is the turnover of TSH INVEST?
The annual accounts for financial year 2024 state no turnover.Financials
Is TSH INVEST profitable?
In financial year 2024, TSH INVEST made a loss of €50,275.
Where can I find the annual accounts of TSH INVEST?
TSH INVEST filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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