TYRE SHOP

Active

Private limited companyfounded 20206 yrs activeBergense Steenweg 1189, 1070 Anderlecht, BelgiumKBO/BCE: BE 0744.986.823

The computed 12-month bankruptcy probability of TYRE SHOP is 3.4% (moderate). The 2024 annual accounts show equity of €51k and a net result of €899. Equity is growing by ~41% per year across the filed fiscal years. Its solvency ranks better than 43% of 26052 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

46 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability69▼-9

Solvency50▲+1

Growth78=

Track record100

Bankruptcy probability, 12 months

3.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days acceptable

Liquidity tight (current ratio 1.32 against 0.95 in 2023; short-term debt: 57.8% and cash: 4.3% of total assets), and 75% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 →

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 2024

Solvency, return and age of the figures

Solvency

25%

Return on assets

0.4%

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 · 5 filings

Deviation from the deadline

2025

not confirmed

2024

27 d late

2023

41 d early

2022

59 d late

2021

68 d early

2020

29 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€51k▲ 1.8%

2023 · €50k

2020: €3k 2021: €15k 2022: €34k 2023: €50k

2020 → 2024

Total assets

€203k▼ 0.9%

2023 · €205k

2020: €77k 2021: €117k 2022: €150k 2023: €205k

2020 → 2024

Net result

€899▼ 94.2%

2023 · €16k

2020: €-10k 2021: €13k 2022: €19k 2023: €16k

2020 → 2024

Working capital

€38k

2023 · €-7k

2020: €-44k 2021: €-11k 2022: €12k 2023: €-7k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€3k-€15k▲ 486%€34k▲ 126%€50k▲ 45.3%€51k▲ 1.8%

Operating result€-9k-€13k€25k▲ 91.3%€24k▼ 7.2%€6k▼ 73.5%

Net result€-10k-€13k€19k▲ 51.9%€16k▼ 18.7%€899▼ 94.2%

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; 2024 is 73% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €203k

23.5%

76.5%

Fixed assets €48k▼ 33.2%

Current assets €156k▲ 16.4%

Equity and liabilities €203k

25.0%

75.0%

Equity €51k▲ 1.8%

Debt €153k▼ 1.8%

The debt ratio falls from 75.7% to 75.0%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€32k▼

2023 · €45k

Cash flow

€27k▼

2023 · €37k

Solvency

25.0%▲

2023 · 24.3%

Current ratio

1.32▲

2023 · 0.95

Quick ratio

0.55▲

2023 · 0.29

Debt / equity

3.00▼

2023 · 3.11

ROE

1.8%▼

2023 · 31.2%

ROA

0.4%▼

2023 · 7.6%

Interest coverage

6.39▼

2023 · 19.08

Debt

€153k▼

2023 · €155k

Debt ≤ 1 year

€118k▼

2023 · €140k

Debt > 1 year

€35k▲

2023 · €15k

Income taxes

€299▼

2023 · €6k

Staff costs

€52k▲

2023 · €31k

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€205k€203k▼

Fixed assets21/28€72k€48k▼

Tangible fixed assets22/27€72k€48k▼

Plant, machinery and equipment23€43k€27k▼

Furniture and vehicles24€26k€19k▼

Other tangible fixed assets26€3k€986▼

Current assets29/58€134k€156k▲

Stocks and contracts in progress3€93k€90k▼

Stocks30/36€93k€90k▼

Amounts receivable within one year40/41€32k€56k▲

Trade receivables40€32k€56k▲

Cash at bank and in hand54/58€9k€9k▼

Equity and liabilities

Total equity and liabilities10/49€205k€203k▼

Equity10/15€50k€51k▲

Contributions10/11€12k€12k=

Profit (loss) carried forward14€38k€38k▲

Amounts payable17/49€155k€153k▼

Amounts payable after more than one year17€15k€35k▲

Financial debts170/4€15k€35k▲

Amounts payable within one year42/48€140k€118k▼

Current portion of amounts payable after more than one year42€15k€28k▲

Trade debts44€10k€17k▲

Suppliers440/4€10k€17k▲

Taxes, remuneration and social security45€29k€56k▲

Taxes450/3€22k€39k▲

Remuneration and social security454/9€7k€17k▲

Other amounts payable47/48€86k€16k▼

Income statement Code20232024

Remuneration, social security and pensions62€31k€52k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€26k▲

Other operating charges640/8€1k€10k▲

Non-recurring operating charges66A-€18k

Gross operating margin9900€77k€113k▲

Operating profit (loss)9901€24k€6k▼

Financial charges65/66B€2k€5k▲

Recurring financial charges65€2k€5k▲

Profit (loss) for the period before taxes9903€21k€1k▼

Income taxes67/77€6k€299▼

Profit (loss) for the period9904€16k€899▼

Profit (loss) for the period to be appropriated9905€16k€899▼

Appropriation of the result

Profit (loss) to be appropriated9906€38k€38k▲

Profit (loss) brought forward from the previous period14P€22k€38k▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 2Filings 5

2025

27-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 27 days late

2024

20-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

28-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 59 days late

2022

31-12

Financial Highest result since 2020net €19k ▲51.9%

Operating result €25k, net result €19k, both a record.

24-05

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Back to profitnet €13k

Net result €13k after one loss-making year.

02-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Anderlecht · 1 establishment unit since 2020

establishment The establishment unit on the map

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.

Bergense Steenweg 11891070 Anderlecht

Ground area

347 m²

Building footprint

347 m²

Volume, LiDAR

1,274 m³

Parcel 21308H0685/00L000, Brussels · tallest building 9.2 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

TYRE SHOP

Bergense Steenweg 1189, 1070 AnderlechtNACE 45320

since 20202.301.780.306

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21308H0685/00L000	Brussels	347 m²	1 · 347 m²	9.2 m · 1 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.

Similar companies · same sector, comparable size

Baarle-Hertog · Eq €51k

GEBRO-TECHNI

BE 0829.350.394

Dendermonde · Eq €51k

Heusden-Zolder · Eq €50k

Of 2,442 companies in sector 47820 we hold annual accounts for 776. 562 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded11-03-2020

Fiscal year end31-12

Activities, NACEBEL

95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)

47820Retail sale of motor vehicle parts and accessories

95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.