TUBA21
ActiveTUBA21 has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €42k and a net result of €18k. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 38% of 26049 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▼-1
Solvency44▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity tight (current ratio 1.06 against 0.94 in 2023; short-term debt: 75.5% and cash: 10.1% of total assets), and 80.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
19.3%
Return on assets
8.3%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
122 d late
2022
61 d late
2021
31 d late
2020
31 d late
2019
241 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€0
2019 · €0
2019: €0
2019 → 2020
Total assets
€219k▲ 16.6%
2023 · €188k
2019: €19k
2020: €19k
2021: €19k
2022: €37k
2023: €188k
2019 → 2024
Net result
€18k▲ 9.3%
2023 · €17k
2022: €-11k
2023: €17k
2022 → 2024
Working capital
€9k
2023 · €-10k
2022: €7k
2023: €-10k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€0-
Equity€19k-€19k=€7k▼ 61.1%€24k▲ 231%€42k▲ 76.3%
Operating result€-11k€19k€26k▲ 33.4%
Net result€-11k€17k€18k▲ 9.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 33% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €219k
Fixed assets
€45k▲ 30.5%
Current assets
€175k▲ 13.5%
Equity and liabilities €219k
Equity
€42k▲ 76.3%
Debt
€177k▲ 7.8%
The debt ratio falls from 87.3% to 80.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€48k▲
2023 · €27k
Cash flow
€40k▲
2023 · €24k
Solvency
19.3%▲
2023 · 12.7%
Current ratio
1.06▲
2023 · 0.94
Quick ratio
0.14▼
2023 · 0.37
Debt / equity
4.19▼
2023 · 6.85
ROE
43.3%▼
2023 · 69.8%
ROA
8.3%▼
2023 · 8.9%
Interest coverage
12.92▼
2023 · 72.20
Debt
€177k▲
2023 · €164k
Debt ≤ 1 year
€165k▲
2023 · €164k
Debt > 1 year
€12k
Income taxes
€4k▲
2023 · €2k
Staff costs
€55k▲
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€188k€219k▲
Fixed assets21/28€34k€45k▲
Tangible fixed assets22/27€34k€45k▲
Plant, machinery and equipment23€34k€28k▼
Leasing and similar rights25-€17k
Current assets29/58€154k€175k▲
Stocks and contracts in progress3€93k€151k▲
Stocks30/36€93k€151k▲
Amounts receivable within one year40/41€30k€1k▼
Trade receivables40€13k-
Other amounts receivable41€17k€1k▼
Cash at bank and in hand54/58€19k€22k▲
Deferred charges and accrued income490/1€13k-
Equity and liabilities
Total equity and liabilities10/49€188k€219k▲
Equity10/15€24k€42k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€5k€24k▲
Amounts payable17/49€164k€177k▲
Amounts payable after more than one year17-€12k
Financial debts170/4-€12k
Amounts payable within one year42/48€164k€165k▲
Current portion of amounts payable after more than one year42-€3k
Trade debts44€73k€121k▲
Suppliers440/4€73k€121k▲
Taxes, remuneration and social security45€5k€17k▲
Taxes450/3€2k€9k▲
Remuneration and social security454/9€2k€8k▲
Other amounts payable47/48€86k€25k▼
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61€441k€721k▲
Remuneration, social security and pensions62€7k€55k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€22k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€37k€107k▲
Operating profit (loss)9901€19k€26k▲
Financial income75/76B€2€21▲
Recurring financial income75€2€21▲
Financial charges65/66B€375€4k▲
Recurring financial charges65€375€4k▲
Profit (loss) for the period before taxes9903€19k€22k▲
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€17k€18k▲
Profit (loss) for the period to be appropriated9905€17k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€24k▲
Profit (loss) brought forward from the previous period14P€-11k€5k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
31-12
Financial
Highest result since 2022net €18k ▲9.3%
Operating result €26k, net result €18k, both a record.
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 122 days late
2023
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
29-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 241 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Niklaas · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Pater Segersstraat 249100 Sint-NiklaasGround area
620 m²
Building footprint
101 m²
Volume, LiDAR
702 m³
Parcel 46444D0737/00M000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TUBA21
since 20232.341.284.941
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46444D0737/00M000indicative | Flanders | 620 m² | 1 · 101 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Niklaas2.341.284.941
Similar companies · same sector, comparable size
DURBOYSE BIERE
BE 0428.508.287
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PATATAS BRAVAS
BE 0538.542.515
Visé · Eq €42k
DE BEUCKELAER HANDEL-TRADING
BE 0798.546.263
Brecht · Eq €42k
ELLIMAC DEVELOPMENT
BE 0871.308.735
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NATURAZONE
BE 0847.663.796
Sint-Lambrechts-Woluwe · Eq €43k
Of 2,477 companies in sector 47279 we hold annual accounts for 949. 783 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-05-2018
Fiscal year end31-12
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
47279Other retail sale of food
47299Retail trade
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47210Retail sale of fruit and vegetables
47222Retail trade
47241Retail sale of bread and pastry (bakery outlets)
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.