TUL'IN
ActiveThe computed 12-month bankruptcy probability of TUL'IN is 2.2% (moderate). The 2025 annual accounts show equity of €83k and a net result of €2k. Equity is growing by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 13044 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
86
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability14▼-15
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 13.68 against 2.77 in 2024), and 6.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
93.6%
Return on assets
2.6%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
4 d late
2023
12 d late
2022
31 d early
2021
33 d early
2020
31 d early
2019
17 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€83k▲ 2.8%
2024 · €81k
2018: €45k
2019: €40k
2020: €45k
2021: €49k
2022: €63k
2023: €76k
2024: €81k
2018 → 2025
Total assets
€89k▼ 25.1%
2024 · €119k
2018: €61k
2019: €60k
2020: €48k
2021: €54k
2022: €74k
2023: €89k
2024: €119k
2018 → 2025
Net result
€2k▼ 51.4%
2024 · €5k
2018: €12k
2019: €-5k
2020: €5k
2021: €4k
2022: €14k
2023: €14k
2024: €5k
2018 → 2025
Working capital
€73k▲ 8.7%
2024 · €67k
2018: €39k
2019: €36k
2020: €44k
2021: €48k
2022: €62k
2023: €76k
2024: €67k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€49k-€63k▲ 28.4%€76k▲ 21.5%€81k▲ 6.1%€83k▲ 2.8%
Operating result€6k-€18k▲ 226%€19k▲ 1.5%€7k▼ 60.8%€6k▼ 15.8%
Net result€4k-€14k▲ 277%€14k▼ 2.9%€5k▼ 65.3%€2k▼ 51.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89k
Fixed assets
€11k▼ 24.5%
Current assets
€78k▼ 25.1%
Equity and liabilities €89k
Equity
€83k▲ 2.8%
Debt
€6k▼ 84.8%
The debt ratio falls from 31.8% to 6.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€11k▲
2024 · €8k
Cash flow
€7k▲
2024 · €5k
Solvency
93.6%▲
2024 · 68.2%
Current ratio
13.68▲
2024 · 2.77
Quick ratio
12.50▲
2024 · 2.60
Debt / equity
0.07▼
2024 · 0.47
ROE
2.7%▼
2024 · 5.8%
ROA
2.6%▼
2024 · 3.9%
Interest coverage
9.24▲
2024 · 5.96
Debt
€6k▼
2024 · €38k
Debt ≤ 1 year
€6k▼
2024 · €38k
Income taxes
€3k▲
2024 · €1k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€119k€89k▼
Fixed assets21/28€14k€11k▼
Tangible fixed assets22/27€14k€11k▼
Furniture and vehicles24€14k€11k▼
Current assets29/58€105k€78k▼
Stocks and contracts in progress3€6k€7k▲
Stocks30/36€6k€7k▲
Amounts receivable within one year40/41€86k€59k▼
Trade receivables40€30k-
Other amounts receivable41€56k€59k▲
Cash at bank and in hand54/58€12k€12k▲
Equity and liabilities
Total equity and liabilities10/49€119k€89k▼
Equity10/15€81k€83k▲
Contributions10/11€10k€10k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€69k€71k▲
Amounts payable17/49€38k€6k▼
Amounts payable within one year42/48€38k€6k▼
Trade debts44€16k€2k▼
Suppliers440/4€16k€2k▼
Advances received on contracts in progress46€16k-
Taxes, remuneration and social security45€7k€4k▼
Taxes450/3€6k€4k▼
Remuneration and social security454/9€193-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€616€5k▲
Other operating charges640/8€1k€864▼
Gross operating margin9900€9k€12k▲
Operating profit (loss)9901€7k€6k▼
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€6k€5k▼
Income taxes67/77€1k€3k▲
Profit (loss) for the period9904€5k€2k▼
Profit (loss) for the period to be appropriated9905€5k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€69k€71k▲
Profit (loss) brought forward from the previous period14P€64k€69k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 5current ratio 13.68
Current ratio from 2.77 to 13.68; short-term debt falls from €38k to €6k.
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €14k ▲277%
Net result €14k, the highest in the series.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 15.57
Current ratio from 2.80 to 15.57; short-term debt falls from €20k to €3k.
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
2019
31-12
Financial
Weakest financial yearnet €-5k ▼145%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Schaarbeek · 1 establishment unit since 2015
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.
Lehonplein 231030 SchaarbeekGround area
97 m²
Building footprint
96 m²
Volume, LiDAR
1,171 m³
Parcel 21910E0203/00F005, Brussels · tallest building 17.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
TUL'IN
since 20152.239.338.040
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21910E0203/00F005 | Brussels | 97 m² | 1 · 96 m² | 17.0 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 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 siteSchaarbeek2.239.338.040
Similar companies · same sector, comparable size
SHAMS
BE 0713.685.022
Dendermonde · Eq €83k
BRUWESKO
BE 0729.993.492
Kapellen · Eq €83k
BROERS
BE 0654.959.836
Schaarbeek · Eq €83k
KRUSTY SQUAD BURGER
BE 0774.938.245
Anderlecht · Eq €83k
MASARYS
BE 0716.948.477
Mons · Eq €83k
Of 21,633 companies in sector 56112 we hold annual accounts for 9,660. 7,916 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-01-2010
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
10712Artisanal bread and fresh pastry making
47241Retail sale of bread and pastry (bakery outlets)
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.