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TT COMPANY

Active
Private limited companyfounded 2020active for 6 yearsRobert Vandammestraat(Kok) 207, 8670 Koksijde, BelgiumKBO/BCE: BE 0745.793.210

From the official registers: KBO 6 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of TT COMPANY is 2.3% (moderate). The annual accounts of TT COMPANY for financial year 2025 show a net loss of 51% of the equity at the start of that year. The 2025 annual accounts show equity of €5,559 and a net result of -€5,890. Equity has been shrinking by about 16% per year since 2020. If that trend continues, it turns negative around financial year 2027. Its solvency ranks better than 23% of 22,726 sector peers (NACE 47, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 02-04-2020 Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes) NACE 47811
Establishment unit
2.301.997.169 8670 Koksijde, since 02-04-2020
Financial year end
31 December
Peppol
Reachable since 19-12-2025

Board and ownership

Board
  • Vandewalle ThibautDirector · since 01-04-2020

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.3%
Annual accounts 2025
Gross margin
€11,618
Turnover
≈ €180,000
estimated
Loss
€5,890
▼ 84.5%
Equity
€5,559
▼ 51.4%
Total assets
€374,317
▼ 37.1%
Filed on 30-09-2026, 61 days after the deadlineat the National Bank
Score breakdownraises riskLast filed accounts filed 61 days late; 1 of the last 3 accounts lateSector: Retail trade (NACE 47)Founded in 2020lowers riskSize: total assets €374,317Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 14% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 26-1
equity 1.5% of total assets
Liquidity 3+3
short-term debt 98.5% · cash 2.0%
Profitability 23+12
return on assets -1.6%
Bankruptcy probability within 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025lowest value 04-2025: 1.4%▲ +0.1 percentage points vs 03-2025 05-2025: 1.5%▲ +0.1 percentage points vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025 07-2025: 1.5%● unchanged vs 06-2025 08-2025: 2.0%▲ +0.5 percentage points vs 07-2025 09-2025: 2.2%▲ +0.2 percentage points vs 08-2025 10-2025: 2.2%● unchanged vs 09-2025 11-2025: 2.2%● unchanged vs 10-2025 12-2025: 2.3%▲ +0.1 percentage points vs 11-2025 01-2026: 2.3%● unchanged vs 12-2025 02-2026: 2.3%● unchanged vs 01-2026 03-2026: 2.3%● unchanged vs 02-2026 04-2026: 2.3%● unchanged vs 03-2026 05-2026: 2.2%▼ -0.1 percentage points vs 04-2026 06-2026: 2.2%● unchanged vs 05-2026 07-2026: 2.1%▼ -0.1 percentage points vs 06-2026 08-2026: 2.8%▲ +0.7 percentage points vs 07-2026 09-2026: 3.0%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 2.3%▼ -0.7 percentage points vs 09-2026
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.01 (1.01 in 2024), below the usual 1.5. Short-term debt is 98.5% and cash 2% of total assets. 98.5% 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 47, micro). It does better than 20% of them on solvency, 5% on liquidity, 22% on profitability and 11% on growth.

The bankruptcy probability was computed on 31-10-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Last filed accounts filed 61 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Size: total assets €374,317
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
202122232425
2020 to 2025 · latest year -€5,890
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 22726 sector peers (2025).
NBB · sector comparison
Position among 22726 sector peers
Solvency
better than 23%
← weakest strongest →
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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 · 6 filings
Deviation from the deadline
2025
61 days late
2024
29 days late
2023
29 days late
2022
3 days late
2021
23 days late
2020
24 days early
← 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 20 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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. The company usually files around 29 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€5,890 View

Comparable companies

These companies have the same main activity as TT COMPANY: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €266,000 and €477,000, founded between 2017 and 2022.

CompanyTotal assetsGross margin
TT COMPANY Koksijde€374,317€11,618
DDWheels Lessines€440,163€15,370
Majestic Cars Plombières€441,571€15,881
HIGHWAY MOTORS Menen€476,792€19,652
AutoHunt Ingelmunster€348,910€16,479
Suro Cars Roeselare€265,582€9,790
Waterloo Automobiles Waterloo€345,307€14,940
Full comparison

Documents

Annual accounts at the NBB

All 6 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about TT COMPANY

What is the company number of TT COMPANY?
The company number of TT COMPANY is 0745.793.210. The VAT number is the same number with BE in front: BE 0745.793.210.
Where is TT COMPANY based?
The registered office is at Robert Vandammestraat(Kok) 207, 8670 Koksijde.Company details
What does TT COMPANY do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of TT COMPANY?
The legal form of TT COMPANY is Private limited company (BV).
When was TT COMPANY founded?
TT COMPANY was founded on 02-04-2020.
Is TT COMPANY still active?
Yes, TT COMPANY is an active enterprise in the KBO register.
What is the turnover of TT COMPANY?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €11,618 and 73 comparable companies (NACE 47811). It probably lies between €89,000 and €530,000. It is a rough estimate.Financials
Is TT COMPANY profitable?
In financial year 2025, TT COMPANY made a loss of €5,890.
Where can I find the annual accounts of TT COMPANY?
TT COMPANY filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of TT COMPANY due?
TT COMPANY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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