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TLS & CO

Active
Private limited companyfounded 2016active for 10 yearsVleugelsstraat 60, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0649.584.848
Summary

The computed 12-month bankruptcy probability of TLS & CO is 13.7% (high). For TLS & CO, at least two annual filings are missing. The 2023 annual accounts show negative equity (-€32,697) and a net result of -€26,753. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 9% of 5,966 sector peers (NACE 49, financial year 2023). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 03-03-2016 Normal situation
Registered office
14 active companies are registered at this address Source: KBO register, as of 3 November 2026.
Activity
Freight transport by road NACE 49410
Establishment unit
2.255.815.172 1030 Schaarbeek, since 30-08-2016
Financial year end
31 December
Peppol
Reachable since 19-08-2024

Board and ownership

Board

Financial position

Bankruptcy probabilitywithin 12 months
13.7%
2023 figures too old to score
Annual accounts 2023
Gross margin
€84,984
▼ 8.4%
Turnover
≈ €290,000
estimated
Loss
€26,753
▲ 10.0%
Equity
-€32,697
▼ 128%
Total assets
€119,250
▼ 44.0%
Employees on 31-12-2023
1
  • Negative equity on 31-12-2023
  • 2024 accounts not filed, 460 days past the deadline
Signalsraises risk2 financial years not filed after the legal deadline; last filed accounts filed 528 days late; 3 of the last 3 accounts lateFigures for financial year 2023 (filed on 12-01-2026)Size: total assets €119,250Two or more financial years not filed2023 accounts filed 528 days latelowers riskFounded in 2016Show the evidence

Bankruptcy probability

No current score
Figures too old
The latest figures are for FY 2023. They are too old for a current score.
Bankruptcy probability: High
Filing: At least two annual filings are missing
Financial strength, FY 2023 · tick: 2022
Weak
Solvency 0-18
equity -27.4% of total assets
Liquidity 4-11
short-term debt 127.4% · cash 3.0%
Profitability 0-4
return on assets -22.4%
Bankruptcy probability within 12 months
13.7% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,098 companies, NACE 49, micro)
Last 24 months 12-2024: 11.1%lowest value 01-2025: 13.6%▲ +2.5 percentage points vs 12-2024 02-2025: 13.6%● unchanged vs 01-2025 03-2025: 13.9%▲ +0.3 percentage points vs 02-2025 04-2025: 12.9%▼ -1.0 percentage point vs 03-2025 05-2025: 12.9%● unchanged vs 04-2025 06-2025: 12.7%▼ -0.2 percentage points vs 05-2025 07-2025: 12.6%▼ -0.1 percentage points vs 06-2025 08-2025: 14.8%▲ +2.2 percentage points vs 07-2025highest value 09-2025: 14.8%● unchanged vs 08-2025highest value 10-2025: 14.8%● unchanged vs 09-2025highest value 11-2025: 14.8%● unchanged vs 10-2025highest value 12-2025: 14.8%● unchanged vs 11-2025highest value 01-2026: 14.8%● unchanged vs 12-2025highest value 02-2026: 13.7%▼ -1.1 percentage points vs 01-2026 03-2026: 14.0%▲ +0.3 percentage points vs 02-2026 04-2026: 12.8%▼ -1.2 percentage points vs 03-2026 05-2026: 12.8%● unchanged vs 04-2026 06-2026: 12.7%▼ -0.1 percentage points vs 05-2026 07-2026: 12.7%● unchanged vs 06-2026 08-2026: 14.6%▲ +1.9 percentage points vs 07-2026 09-2026: 14.4%▼ -0.2 percentage points vs 08-2026 10-2026: 13.7%▼ -0.7 percentage points vs 09-2026 11-2026: 13.7%● unchanged vs 10-2026
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Signals

Six signals.
lowers riskraises risk
raises risk · 2 financial years not filed after the legal deadline; last filed accounts filed 528 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2023 (filed on 12-01-2026)
NBB · annual accounts
raises risk · Size: total assets €119,250
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2016
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline03-11-2026 today
raises risk · 2023 accounts filed 528 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 10-01-2026, 528 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 8 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
528 days late
2022
282 days late
2021
303 days late
2020
417 days late
2019
133 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 333 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2023 -€32,697 View
  • Caution: Less equity than 95% of companies in land transportsector median €35,482 · 5,981 companies -€32,697 View
  • Caution: 2 loss-making years in a rowloss in financial year 2023 -€26,753 View

Recent changes

  1. · Gazette deed Resignation: SOETEWEY Benoit (director)Appointment: GÜLER Halis (director)
  2. · Gazette deed Resignation: Huseyin BAGCI (director)
  3. · Gazette deed Resignation: Güler Halis (director)Appointment: Soetewey Benoit Jean B. (director)
All 15 events

Comparable companies

These companies have the same main activity as TLS & CO: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €111,000 and €137,000, founded between 2014 and 2018.

CompanyTotal assetsGross margin
TLS & CO Schaarbeek€119,250€84,984
BROTHERS PARTNERS Schaarbeek€114,132€81,918
ILS TRANSPORT Sint-Agatha-Berchem€114,357€81,999
SEFORALINA Sint-Agatha-Berchem€122,138€73,718
ZEYPAR CONSTRUCT Etterbeek€110,618€80,227
LAKESHORE Elsene€136,574€70,668
LESNE & FILS Walcourt€114,891€95,750
Full comparison

Key facts about TLS & CO

What is the company number of TLS & CO?
The company number of TLS & CO is 0649.584.848. The VAT number is the same number with BE in front: BE 0649.584.848.
Where is TLS & CO based?
The registered office is at Vleugelsstraat 60, 1030 Schaarbeek.Company details
What does TLS & CO do?
According to the KBO register, the main activity is freight transport by road (NACE 49410).
What is the legal form of TLS & CO?
The legal form of TLS & CO is Private limited company (BV).
When was TLS & CO founded?
TLS & CO was founded on 03-03-2016.
Is TLS & CO still active?
Yes, TLS & CO is an active enterprise in the KBO register.
How many employees does TLS & CO have?
TLS & CO had an average of 1.6 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of TLS & CO?
The turnover in financial year 2023 is ≈ €290,000. This figure is estimated from the gross margin of €84,984 and 46 comparable companies (NACE 49410). It probably lies between €230,000 and €370,000. In financial year 2019 turnover was €170,876.
Is TLS & CO profitable?
In financial year 2023, TLS & CO made a loss of €26,753.
Where can I find the annual accounts of TLS & CO?
TLS & CO filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

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