Equity
-€440
Debts exceed assets in financial year 2025.
TSOH
Overview
Lifetime
2 annual accounts with figures on one time axispeak €566 (2024)
-€3,452▼ €4,017
lowest -€3,507 (2025)
-€3,507▼ €1,574
peak €3,067 (2024)
-€440▼ €3,507
€2,279▲ 98.6%
Board1 name since 2023
1 directorDE ALMEIDA COCHARRO Hugo
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Gross margin from €566 to -€3,452Loss of €3,507Equity from €3,067 to -€440Debts from €1,148 to €2,279Cash from €3,710 to €1,671
Key points
from the 2025 annual accountsLosses
-€5,440 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Position in the sector
-23.9%
Lower solvency than 94% of companies in computer programming and consultancy. Sector median 60.0% · 21,208 companies.
2025 accounts filed 27 days after the deadlineTurnover not published (micro format)
Checked score
53
Fair
Financially stronger than 10% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.5%▲ +0.1 percentage points vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.6%▲ +0.1 percentage points vs 06-2025
08-2025: 0.6%● unchanged vs 07-2025highest value
09-2025: 0.1%▼ -0.5 percentage points vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026lowest value
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.3%▲ +0.1 percentage points vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€440
Loss of €3,507, the second in a row (financial year 2025)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €1,839
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 6% of them on solvency, 27% on liquidity, 5% on profitability and 3% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as TSOH has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of TSOH itself is lower: 0.3% within 12 months. It rests on far more data about TSOH than the profile alone.
Test of the method
The method was tested on the 497,447 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 7,639 companies, not a prediction for TSOH. 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.
Credit verdict
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
Credit check for an amount and term of your choice
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.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€440
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filingsDeviation from the deadline
2025
27 days late
2024
22 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 25 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.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0804772673
Incorporation
Founding capital of €5,000, 100 shares · Founder: DE ALMEIDA COCHARRO Hugo · Appointment: DE ALMEIDA COCHARRO Hugo (director) · published on 16-08-2023 · Gazette deed
First establishment
Welvaartlaan 30, Temse
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TSOH Temse | €1,839 | -€3,452 | -23.9% | - |
| 1F680 Sint-Gillis-Waas | €1,888 | -€3,284 | -247.3% | - |
| YK Projects Sint-Niklaas | €1,842 | -€1,867 | 20.5% | - |
| SBO CONSULT Anderlecht | €1,711 | -€9,315 | -1759.3% | - |
| SPIRIT TECH Genk | €1,702 | €346 | 89.1% | - |
| KAHA Consulting Brussels | €1,593 | -€9,151 | -667.9% | - |
| Cloudnloud Technologies Evere | €1,939 | €48 | -223.2% | - |
These companies have the same main activity as TSOH: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €1,590 and €1,940, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 11-08-2023Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Establishment unit
- 2.348.179.6619140 Temse, since 11-08-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 15-03-2025
Insights on TSOH
TSOH has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€440) and a net result of -€3,507.
Its solvency ranks better than 6% of 21,208 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 27-08-2026, 27 days late-€3,452
▼ €4,017
-€3,452
▼ €1,678
-€3,507
▼ €1,574
-€440
▼ €3,604
-
-
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €1,839 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
1,839 | 4,215 | |
20 |
- | 0 | |
29/58 |
1,839 | 4,215 | |
40/41 |
168 | 505 | |
40 |
- | 377 | |
41 |
168 | 128 | |
54/58 |
1,671 | 3,710 | |
| Balance sheet: equity and liabilities | |||
10/49 |
1,839 | 4,215 | |
10/15 |
-440 | 3,067 | |
10/11 |
5,000 | 5,000 | |
14 |
-5,440 | -1,933 | |
17/49 |
2,279 | 1,148 | |
42/48 |
2,279 | 1,050 | |
44 |
1,207 | 261 | |
440/4 |
1,207 | 261 | |
47/48 |
1,072 | 789 | |
492/3 |
- | 97 | |
| Income statement | |||
9900 |
-3,452 | 566 | |
630 |
- | 2,339 | |
9901 |
-3,452 | -1,773 | |
75/76B |
- | 1 | |
75 |
- | 1 | |
65/66B |
55 | 161 | |
65 |
55 | 161 | |
9903 |
-3,507 | -1,933 | |
9904 |
-3,507 | -1,933 | |
9905 |
-3,507 | -1,933 | |
| Appropriation of the result | |||
9906 |
-5,440 | -1,933 | |
14P |
-1,933 | - | |
| Document | |||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 27 days after the deadline. Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00484132.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 |
|---|---|---|---|
| - | 566 | ||
| - | 406 | ||
| -2,039 | - | ||
| -440 | 3,165 | ||
| - | 3.52 |
The ratios are withheld because a balance sheet total of €1,839 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on TSOH
The operating result for 2025 is a loss of €3,452, larger than the loss of €1,773 in 2024.
Equity is negative. Debt (€2,279) exceeds the balance-sheet total (€1,839).
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 11-08-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 27-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Vertegenwoordiging: De vennootschap is verbonden door de handelingen van het bestuursorgaan, van de personen aan wie het dagelijks bestuur…”deed of 16-08-2023
Mandates through the years
1 name, the dashed line is todayDE ALMEIDA COCHARRO Hugo
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- DE ALMEIDA COCHARRO Hugo
- Director (not named in the articles), from 11-08-2023 to date
Control
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- -€4.40 in 2025
- Source
- deed of 16-08-2023
Articles of association
deed of 16-08-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 18:00
Shareholders
At incorporation
deed of 16-08-2023 ↗
- DE ALMEIDA COCHARRO Hugo 100 shares (100%) · €5,000 in cash
Network & group
No group
TSOH has no parent and no holdings in its annual accounts. DE ALMEIDA COCHARRO Hugo is the only director. TSOH shares no director with another company.
Timeline
Timeline
5 events since 2023Filings
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 27 days late
2025
Annual accounts 2024 filed PDFmicro format · 22 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0804772673
2023
IncorporationFounding capital of €5,000, 100 shares · Founder: DE ALMEIDA COCHARRO Hugo · Appointment: DE ALMEIDA COCHARRO Hugo (director) · published on 16-08-20235 points ▸
- Founder, DE ALMEIDA COCHARRO Hugo
- Founding capital, €5,000, 100 shares
- Registered office clause, Welvaartlaan 30, 9140 Temse
- Board rule, 1
- Director appointment, DE ALMEIDA COCHARRO Hugo (director (not named in the articles))
- The deed holds 1 more point.
First establishment Welvaartlaan 30, Temse
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 11 August 2023, TSOH was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 DE ALMEIDA COCHARRO Hugo has served as director since 2023.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Identity
- Enterprise number
- 0804.772.673
- VAT number
- BE 0804.772.673
- Peppol ID
- 0208:0804772673
- Other Peppol ID
- 9925:BE0804772673
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 11-08-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Friday of June at 18:00deed of 16-08-2023 (in Dutch)
- Peppol
- Reachable since 15-03-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- TSOH in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 16-08-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 16-08-2023 (in Dutch)
Activities
NACEBEL 202562200
Computer consultancy and computer facilities management main activity
Codes under NACEBEL 2008
62020
IT consultancy main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het ontwerpen en programmeren van computerprogramma’s ,computerconsultancy-activiteiten en aanverwante activiteiten; Het verlenen van…”deed of 16-08-2023 (in Dutch)
14 activities
- Het ontwerpen en programmeren van computerprogramma’s ,computerconsultancy-activiteiten en aanverwante activiteiten;
- Het verlenen van professionele ondersteuning bij het invoeren van automatiseringssystemen en telecommunicatiesystemen;
- Het verlenen van adviezen en algemene ondersteuning op het gebied van automatisering en telecommunicatie;
- Het leveren van diensten en producten op het gebied van organisatie,management,informatica,systeemontwikkeling en telecommunicatie.
- De vervaardiging van computers,randapparatuur en communicatieapparatuur in de ruimst mogelijke zin van het begrip.
- Ontwikkeling van webdesign;
- Gegevensverwerking,webhosting en aanverwante activiteiten;
- Algemene projectmanagement;
- Grafisch design;
- Het organiseren van opleidingen,vormingen en trainingen;
- Adviesverlening in verband met programmatuur en levering van programmatuur;
- Groot- en kleinhandel in computers,programmatuur en randapparatuur,alsmede ook het onderhoud ervan.
- Het administratief opvolgen en beheren van bestanden en archieven;
- Elektrotechnische installatiewerken aan gebouwen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Welvaartlaan 30 registered office 9140 Temse | 11-08-2023 | 2.348.179.661 |
Buildings and parcels at the address
- Ground area
- 309 m²
- Buildings
- 91 m²
- Volume, LiDAR
- 586 m³
- Tallest building
- 10.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 46025B0899/00E002 | 309 m² | 1 · 91 m² | 10.3 m · 2 |