TX-WMS
ActiveThe file of TX-WMS contains 2 judicial reorganisation notices, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is ≥ 25% (high). The 2024 annual accounts show equity of €79,651 and a net result of €40,025. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 55% of 15869 sector peers (fiscal year 2024).
Checked score
Score 2024
44
/ 100
Weak
A high bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability98▼-2
Solvency70▲+1
Growth75▲+13
Track record60
Bankruptcy probability, 12 months
≥ 25%
High
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.32 against 0.6 in 2023; short-term debt: 54.5% and cash: 4.7% of total assets), and 54.5% of the assets are financed with debt.
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Signals
Six 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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
28 d late
2022
20 d early
2021
73 d late
2020
54 d late
2019
84 d late
← 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 41 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€258,050▲ 12.6%
2023 · €229,258
EBIT margin
21.3%▼ 1.6pp
2023 · 22.9%
Net result
€40,025▲ 4.7%
2023 · €38,229
Working capital
€31,015
2023 · -€20,550
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€52,327▼ 48.9%€175,193▲ 235%€103,238▼ 41.1%€229,258▲ 122%€258,050▲ 12.6%
Operating result-€825▲ 95.9%-€19,804▼ 2,300%€8,006€52,421▲ 555%€54,893▲ 4.7%
Net result-€863within the sector's middle half▲ 95.7%-€24,847below the sector's middle half▼ 2,780%€7,514within the sector's middle half€38,229above the sector's middle half▲ 409%€40,025above the sector's middle half▲ 4.7%
EBIT margin-1.6%▲ 17.9pp-11.3%▼ 9.7pp7.8%▲ 19.1pp22.9%▲ 15.1pp21.3%▼ 1.6pp
Equity€18,729within the sector's middle half▼ 4.4%-€6,117below the sector's middle half€1,397below the sector's middle half€39,626within the sector's middle half▲ 2,737%€79,651within the sector's middle half▲ 101%
Total assets€78,013within the sector's middle half▲ 76.8%€65,572below the sector's middle half▼ 15.9%€88,048within the sector's middle half▲ 34.3%€91,070within the sector's middle half▲ 3.4%€175,098within the sector's middle half▲ 92.3%
Debt€59,284▲ 142%€71,689▲ 20.9%€86,651▲ 20.9%€51,444▼ 40.6%€95,447▲ 85.5%
Working capital-€35,688below the sector's middle half▼ 225%-€29,123below the sector's middle half▲ 18.4%-€45,739below the sector's middle half▼ 57.1%-€20,550below the sector's middle half▲ 55.1%€31,015within the sector's middle half
Solvency24.0%within the sector's middle half▼ 20.4pp-9.3%below the sector's middle half▼ 33.3pp1.6%below the sector's middle half▲ 10.9pp43.5%within the sector's middle half▲ 41.9pp45.5%within the sector's middle half▲ 2.0pp
Current ratio0.40below the sector's middle half▼ 0.150.59below the sector's middle half▲ 0.200.47below the sector's middle half▼ 0.120.60below the sector's middle half▲ 0.131.32within the sector's middle half▲ 0.72
Return on assets (ROA)-1.1%within the sector's middle half▲ 44.6pp-37.9%below the sector's middle half▼ 36.8pp8.5%within the sector's middle half▲ 46.4pp42.0%above the sector's middle half▲ 33.4pp22.9%above the sector's middle half▼ 19.1pp
Staff (FTE)1.7within the sector's middle half▲ 41.7%1.7=1▼ 41.2%1.2▲ 20.0%1.2=
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 5% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €175,098
Fixed assets
€48,636 ▼ 19.2%
Current assets
€126,462 ▲ 309%
Equity and liabilities €175,098
Equity
€79,651 ▲ 101%
Debt
€95,447 ▲ 85.5%
Debt's share of the balance-sheet total falls from 56.5% to 54.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€71,176▼
2023 · €72,345
Cash flow
€56,308▼
2023 · €58,152
Quick ratio
1.32▲
2023 · 0.57
Debt to equity
1.20▼
2023 · 1.30
ROE
50.3%▼
2023 · 96.5%
Interest coverage
207.34▲
2023 · 123.37
Debt ≤ 1 year
€95,447▲
2023 · €51,444
Income taxes
€14,570▲
2023 · €14,164
Staff costs
€16,762▲
2023 · €14,741
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: ≥ 25% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €52,327 | €175,193 | €103,238 | €229,258 | €258,050 | ▲ 12.6% |
| Non-recurring operating income76A | - | - | €2,619 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €175,696 | €66,196 | €138,053 | €163,445 | ▲ 18.4% |
| Remuneration, social security and pensions62 | - | €6,637 | €12,227 | €14,741 | €16,762 | ▲ 13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,088 | €8,412 | €14,053 | €19,923 | €16,283 | ▼ 18.3% |
| Other operating charges640/8 | - | €3,251 | €4,503 | €3,240 | €3,845 | ▲ 18.7% |
| Non-recurring operating charges66A | - | €4,000 | €1,321 | €1,441 | €5,216 | ▲ 262% |
| Gross operating margin9900 | €23,528 | €2,497 | €40,110 | €91,766 | €96,998 | ▲ 5.7% |
| Operating profit (loss)9901 | -€825 | -€19,804 | €8,006 | €52,421 | €54,893 | ▲ 4.7% |
| Financial income75/76B | - | €180 | €450 | €558 | €45 | ▼ 91.9% |
| Recurring financial income75 | €339 | €180 | €450 | €558 | €45 | ▼ 91.9% |
| Financial charges65/66B | - | €501 | €942 | €586 | €343 | ▼ 41.5% |
| Recurring financial charges65 | €376 | €501 | €942 | €586 | €343 | ▼ 41.5% |
| Profit (loss) for the period before taxes9903 | -€863 | -€20,125 | €7,514 | €52,393 | €54,595 | ▲ 4.2% |
| Income taxes67/77 | - | €4,722 | - | €14,164 | €14,570 | ▲ 2.9% |
| Profit (loss) for the period9904 | -€863 | -€24,847 | €7,514 | €38,229 | €40,025 | ▲ 4.7% |
| Profit (loss) for the period to be appropriated9905 | -€863 | -€24,847 | €7,514 | €38,229 | €40,025 | ▲ 4.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €78,013 | €65,572 | €88,048 | €91,070 | €175,098 | ▲ 92.3% |
| Fixed assets21/28 | €54,418 | €23,005 | €47,136 | €60,176 | €48,636 | ▼ 19.2% |
| Tangible fixed assets22/27 | €22,018 | €22,605 | €46,736 | €59,176 | €47,636 | ▼ 19.5% |
| Furniture and vehicles24 | - | €21,573 | €41,550 | €41,066 | €31,154 | ▼ 24.1% |
| Other tangible fixed assets26 | - | €1,033 | €5,185 | €18,111 | €16,481 | ▼ 9.0% |
| Financial fixed assets28 | €32,400 | €400 | €400 | €1,000 | €1,000 | = |
| Current assets29/58 | €23,596 | €42,567 | €40,912 | €30,894 | €126,462 | ▲ 309% |
| Stocks and contracts in progress3 | €8,944 | - | - | €1,418 | €160 | ▼ 88.7% |
| Stocks30/36 | - | - | - | €1,418 | €160 | ▼ 88.7% |
| Amounts receivable within one year40/41 | €10,990 | €42,291 | €40,685 | €29,192 | €117,552 | ▲ 303% |
| Trade receivables40 | - | €31,558 | €34,590 | €14,602 | €53,200 | ▲ 264% |
| Other amounts receivable41 | - | €10,733 | €6,094 | €14,590 | €64,352 | ▲ 341% |
| Cash at bank and in hand54/58 | €3,223 | €3 | €228 | €66 | €8,167 | ▲ 12,231% |
| Deferred charges and accrued income490/1 | - | €272 | - | €218 | €583 | ▲ 168% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €78,013 | €65,572 | €88,048 | €91,070 | €175,098 | ▲ 92.3% |
| Equity10/15 | €18,729 | -€6,117 | €1,397 | €39,626 | €79,651 | ▲ 101% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€1,731 | -€26,577 | -€19,063 | €19,166 | €59,191 | ▲ 209% |
| Amounts payable17/49 | €59,284 | €71,689 | €86,651 | €51,444 | €95,447 | ▲ 85.5% |
| Amounts payable within one year42/48 | €59,284 | €71,689 | €86,651 | €51,444 | €95,447 | ▲ 85.5% |
| Trade debts44 | €14,462 | €1,969 | €24,442 | €10,926 | €31,159 | ▲ 185% |
| Suppliers440/4 | - | €1,969 | €24,442 | €10,926 | €31,159 | ▲ 185% |
| Advances received on contracts in progress46 | - | €35,919 | €21,491 | €15,713 | €14,253 | ▼ 9.3% |
| Taxes, remuneration and social security45 | - | €3,301 | €3,718 | €24,805 | €50,035 | ▲ 102% |
| Taxes450/3 | - | - | €2,686 | €24,805 | €50,035 | ▲ 102% |
| Remuneration and social security454/9 | - | €3,301 | €1,033 | - | - | - |
| Other amounts payable47/48 | - | €30,500 | €37,000 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€863 | -€24,847 | €7,514 | €38,229 | €40,025 | ▲ 4.7% |
| + Depreciation and write-downs630 | €9,088 | €8,412 | €14,053 | €19,923 | €16,283 | ▼ 18.3% |
| Operating cash flow (approximation) | €8,225 | -€16,434 | €21,568 | €58,152 | €56,308 | ▼ 3.2% |
| Investment in fixed assets (approximation) | - | €23,000 | -€38,184 | -€32,964 | -€4,742 | ▲ 85.6% |
| Change in cash | - | -€3,220 | €224 | -€161 | €8,101 | ▲ 5,121% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
04-07
Judicial reorganisation
Plan homologation
Tribunal de l’entreprise francophone de Bruxelles · event 25-06-2025
20-03
Judicial reorganisation
Opening
Tribunal de l’entreprise francophone de Bruxelles · collective agreement · event 12-03-2025
2024
31-12
Financial
Highest result since 2018net €40,025 ▲4.7%
Operating result €54,893, net result €40,025, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.32
Current ratio from 0.60 to 1.32.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €7,514
Net result €7,514 after 3 loss-making years.
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
31-12
Financial
Weakest financial yearnet -€24,847
Net result drops to -€24,847, the lowest in the series; recovery starts the following year.
23-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 54 days late
2020
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
Show earlier events
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 71 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
13 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, Jette · 1 establishment unit since 2020
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.
Uyttenhovestraat 51090 Jette1 establishment unit
Uyttenhovestraat 5, 1090 Jette
since 20202.310.735.681
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Of 2,129 companies in sector 46711 we hold annual accounts for 1,130. 768 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-01-2015
Fiscal year end31-12
Activities, NACEBEL 2025
46711Wholesale of cars and light vans (up to 3.5 tonnes)
49330On-demand passenger transport by chauffeured vehicle
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
47120Other non-specialised retail sale
E-invoicing
Reachable via Peppol
Peppol ID
0208:0568591927
Also
9925:BE0568591927
Registered
02-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.