Checked.be
Active
BE 1011.034.463Private limited company
TIERA BELGIUM
Grote Markt 37 ·1000 Brussel, Belgium· 2 yrs active
Sector: Cafés and bars
(56301)
Conclusion
The computed 12-month bankruptcy probability of TIERA BELGIUM is 6.8% (elevated). The 2025 annual accounts show equity of €30k and a net result of €36k. Its solvency ranks better than 46% of 12499 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €30k |
| Net result | €36k |
| Better than sector | 46% |
| Active | 2 yrs |
Financial profile
73
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
66
Profitability
100
Solvency
38
Growth
78
Stability
82
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
66
/ 100
Healthy
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€2k
estimate, not credit advice
Score history
15
2024
66
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.96 (< 1.0)
-10
Profitability
ROE 121% (≥ 10%)
+10
Interest coverage
Interest coverage 12.0× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 31-08-2026 with the NBB · fiscal year 2025 · micro schema
Sector comparison
Fiscal year 2025 · NACE 56, Food and beverage service activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 25.9% | 30.5% | |
| Net result | €36k | €5k | |
| Equity | €30k | €30k | |
| Gross operating margin | €163k | €62k | |
| Staff costs | €111k | €56k |
€53k
-
24-25
€36k
-
24-25
€42k
-
24-25
€115k
+998.8%
24-25
€30k
-
24-25
€-4k
+42.2%
24-25
€111k
-
24-25
€6k
-
24-25
€85k
+408.0%
24-25
€85k
+408.0%
24-25
0.96
+53.4%
24-25
0.96
+53.4%
24-25
25.9%
-
24-25
2.86
-
24-25
121.2%
+4.6%
24-25
31.4%
-
24-25
12.04
-
24-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 |
|---|---|---|
| Deposit | micro schema | micro schema |
| Revenue | - | - |
| EBITDA | €53k | €-6k |
| Net profit | €36k | €-7k |
| Cash flow | €42k | €-6k |
| Staff costs | €111k | - |
| Income taxes | €6k | - |
| Dividends | - | - |
| Total assets | €115k | €11k |
| Equity | €30k | €-6k |
| Debt | €85k | €17k |
| of which ≤ 1y | €85k | €17k |
| of which > 1y | - | - |
| Working capital | €-4k | €-6k |
| Employees (FTE) | - | - |
Ratios (computed)
| 2025 | 2024 | |
|---|---|---|
| Current ratio | 0.96 | 0.62 |
| Quick ratio | 0.96 | 0.62 |
| Working capital ratio | -3.2% | -60.2% |
| Solvency | 25.9% | -60.2% |
| Debt / equity | 2.86 | -2.66 |
| Long-term debt ratio | - | - |
| Interest coverage | 12.04 | -120.33 |
| Gross margin | - | - |
| Net margin | - | - |
| ROA | 31.4% | -69.8% |
| ROE | 121.2% | 115.8% |
| EBITDA margin | - | - |
| Days sales outstanding | - | - |
| Days payable outstanding | - | - |
| Inventory turnover | - | - |
| Days inventory (DSI) | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 |
|---|---|---|---|
| Balance sheet, Assets | |||
| TOTAL ASSETS | 20/58 | €115k | €11k |
| Fixed assets | 21/28 | €34k | - |
| Formation expenses | 20 | €0 | €0 |
| Tangible fixed assets | 22/27 | €26k | - |
| Financial fixed assets | 28 | €8k | - |
| Current assets | 29/58 | €82k | €11k |
| Amounts receivable within one year | 40/41 | €47k | - |
| Cash & bank | 54/58 | €35k | €11k |
| Balance sheet, Equity & liabilities | |||
| TOTAL EQUITY & LIABILITIES | 10/49 | €115k | €11k |
| Equity | 10/15 | €30k | €-6k |
| Contributions / capital | 10/11 | €1k | €1k |
| Accumulated profits (losses) | 14 | €29k | €-7k |
| Amounts payable | 17/49 | €85k | €17k |
| Amounts payable within one year | 42/48 | €85k | €17k |
| Trade debts payable within one year | 44 | €53k | €2k |
| Income statement | |||
| Gross operating margin | 9900 | €163k | €-6k |
| Operating result | 9901 | €47k | €-7k |
| Financial income | 75 | €4 | - |
| Financial charges | 65 | €4k | €50 |
| Result before taxes | 9903 | €42k | €-7k |
| Income taxes | 67/77 | €6k | - |
| Net result for the period | 9904 | €36k | €-7k |
| Result to be appropriated | 9905 | €36k | €-7k |
Directors & mandates
Former directors (1)
-
Hassen KamkoumDirectorState Gazette act 25057996 (07-05-2025)Former- → 22-04-2025
Legal Structure
| NACE primary | Cafés and bars(56301) |
| Legal form | Private limited company(610) |
| Incorporation | 02-07-2024 |
| Status | Active |
| Postal code | 1000 |
Establishment units
TIERA BELGIUM
since 20242.361.907.933
Real-estate footprint
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A0477/00A000 | Brussels | 54 m² | 1 · 54 m² | 17.8 m · 5 fl. |
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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Updates
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
07-05
State Gazette act
Capital & shares
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
Capital history · 1
07-05-2025
Capital change
All acts · 1
updated 1 year ago
2025
07-05-2025 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"subscribers": [
{
"kbo": null,
"rrn": "871230-634-86",
"kind": "person",
"name": "Olha Tkachuk",
"share_class": null,
"liberation_pct": null,
"contribution_kind": null,
"n_shares_subscribed": 750,
"contribution_amount_eur": null
}
],
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Brussel",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-05-07",
"filing_date": "2025-04-29",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"act_date": "2025-04-22",
"unanimous": null,
"under_authorized_capital": false,
"underlying_resolution_date": "2025-04-22"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "1011.034.463",
"name_full": "TIERA BELGIUM",
"legal_form": "Besloten Vennootschap",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0640.758.640",
"org_name": "C\u0421\u0410 BOEKHOUDING BV",
"person_name": null,
"org_rep_person_name": "VYACHESLAV VAN LAER",
"person_role_at_subject": null
},
"co_filed_documents": [],
"shareholders_after": [
{
"kbo": null,
"pct": 100.0,
"kind": "person",
"name": "Olha Tkachuk",
"role": "aandeelhouder",
"n_shares": 750,
"share_class": null
},
{
"kbo": null,
"pct": 0.0,
"kind": "person",
"name": "Hassen Kamkoum",
"role": "uittredende bestuurder",
"n_shares": 0,
"share_class": null
}
],
"share_classes_after": []
}Credit advice
Company registry (CBE)
Activities
Cafés and bars56301
Names & trade names
| Legal nameNL | TIERA BELGIUM |
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