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TZ GROUP

Active
Private limited companyfounded 201214 yrs activeSchaarbeekse Haardstraat 101, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0848.654.186
Summary

The computed 12-month bankruptcy probability of TZ GROUP is 1.7% (moderate). The 2024 annual accounts show equity of €140,077 and a net result of -€1,520. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 66% of 26038 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Retail sale of other household articles
NACE 47559NACE 47599Retail sale of souvenirs and religious articles NACE 47784
1 site
How big
€368,813turnover 2024
Equity
€140,077
Loss
-€1,520
Financially healthy?
51 Fair Checked score 2024
Bankruptcy chance 12 m
1.7%
Who decides
Accounts filed 92 d late0 of 7 deeds read
Why 51- Higher-failure-rate region- Higher-failure-rate sector- Annual accounts: weaker financial profile- Filed more than 90 days late+ Long track recordShow the evidence

Checked score

Score 2024
Axes · tick = 2023
Profitability36▼-2
Solvency76▲+24
Growth35=
Track record100
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.03 against 1.36 in 2023; short-term debt: 49.2% and cash: 1.9% of total assets), and 49.2% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 2024
Solvency, return and age of the figures
Solvency
50.8%
Return on assets
-0.6%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
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 · 10 filings
Deviation from the deadline
2024
92 d late
2023
13 d late
2022
15 d late
2021
62 d late
2020
28 d late
2019
2 d early
2018
6 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 29 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · 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
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Weakest financial yearnet -€1,520
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Latest accounts filed lateafter the legal deadline 92 d View
  • Caution: Turnover fell in 2024from €596,161 to €368,813 ▼ 38.1% View
  • Turnover 20246 fiscal years filed €368,813 View

By topic

Financials

Fiscal year
2024
Turnover
€368,813
Loss
-€1,520
Solvency
50.8%
Turnover▼ 38.1%
Net result
20192024
Go to Financials

Timeline

Events
13
Since
2016
  1. 31-10-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 13-05-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of other household articlesNACE 47559
Founded
13-09-2012
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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