Skip to content

Tuph Management

Active
Private limited companyfounded 2016active for 10 yearsKarel Gesslerstraat 32, 3680 Maaseik, BelgiumKBO/BCE: BE 0648.996.118
Summary

The computed 12-month bankruptcy probability of Tuph Management is 4.5% (elevated). The 2024 annual accounts show negative equity (-€42,921) and a net result of -€152,958. Equity is growing by about 26% per year across the filed financial years. Its solvency ranks better than 9% of 8,980 sector peers (NACE 46, financial year 2024). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Agents specialised in the wholesale of other particular products
NACE 46180
1 site
Size
€675,275total assets 2024
Equity
-€42,921
Loss
-€152,958
Turnover not published (abbreviated format)
Financial health
36 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.5%
Structure
Holdings
1
Accounts 72 days overdue0 of 3 deeds read
Why 36raises riskFigures for financial year 2024 (filed 23-10-2025)1 financial year not filed after the legal deadline; latest accounts 84 days late; 1 of the last 3 lateLoss of €152,958 (financial year 2024)lowers riskSize: total assets €675,275Show the evidence

Checked score

Score 2024
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 20% of its sector peers (NACE 46, micro)
Financial strength · tick = 2023
Weak
Solvency 19-30
equity -6.4% of total assets
Liquidity 51+12
short-term debt 8.6% · cash 0.5%
Profitability 0-84
return on assets -22.7%
Bankruptcy probability, 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,870 companies, NACE 46, micro)
Last 24 months 11-2024: 0.3%lowest value 12-2024: 0.3%● unchanged vs 11-2024lowest value 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.4%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.2 percentage points vs 07-2025 09-2025: 0.9%▲ +0.2 percentage points vs 08-2025 10-2025: 1.8%▲ +0.9 percentage points vs 09-2025 11-2025: 2.7%▲ +0.9 percentage points vs 10-2025 12-2025: 2.7%● unchanged vs 11-2025 01-2026: 2.7%● unchanged vs 12-2025 02-2026: 2.7%● unchanged vs 01-2026 03-2026: 2.6%▼ -0.1 percentage points vs 02-2026 04-2026: 2.7%▲ +0.1 percentage points vs 03-2026 05-2026: 2.7%● unchanged vs 04-2026 06-2026: 2.7%● unchanged vs 05-2026 07-2026: 2.8%▲ +0.1 percentage points vs 06-2026 08-2026: 3.2%▲ +0.4 percentage points vs 07-2026 09-2026: 3.5%▲ +0.3 percentage points vs 08-2026 10-2026: 4.5%▲ +1.0 percentage point vs 09-2026highest value
No credit on open account
Liquidity ample (current ratio 5.2, compared with 0.63 in 2023; short-term debt: 8.6% and cash: 0.5% of total assets), but equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 15% on solvency, 54% on liquidity, 6% on profitability and 3% on growth.

The bankruptcy probability was computed on 10-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 23-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 84 days late; 1 of the last 3 late
NBB · filings
raises risk · Loss of €152,958 (financial year 2024)
NBB · annual accounts
lowers risk · Size: total assets €675,275
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€42,921
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-10-2025, 84 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
84 days late
2023
8 days late
2022
4 days early
2021
79 days early
2020
11 days early
2019
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 5 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Weakest financial yearnet -€152,958
  3. Liquidity more than 8 timescurrent ratio 5.20

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€42,921 View
  • Caution: From profit to loss in 2024after €55,015 in 2023 -€152,958 View
  • Caution: Among the weakest 7% on net resultsector median €40,569 · 8,975 companies -€152,958 View
  • Caution: Accounts not fileddeadline was 31-07-2026 72 days late View

By topic

Financials

Financial year
2024
Total assets
€675,275
Loss
-€152,958
Solvency
-6.4%
Total assets▲ 45.6%
Net result
20182024
Go to Financials

Timeline

Events
12
Since
2018
  1. 08-08-2024Annual accounts filed
  2. 31-12-2023Equity above €100,000
  3. 27-07-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Agents specialised in the wholesale of other particular…NACE 46180
Founded
25-02-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.