TPROFIJT
ActiveSummary
The computed 12-month bankruptcy probability of TPROFIJT is 1.8% (moderate). The 2024 annual accounts show equity of €122k and a net result of €122k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 24% of 9624 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability90▲+2
Solvency42▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Liquidity tight (current ratio 1.18 against 1.19 in 2023; short-term debt: 62.5% and cash: 53.4% of total assets), and 82.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 9624 sector peers (2024).
NBB · sector comparisonPosition among 9624 sector peers
Solvency
better than 24%
← weakest
strongest →
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 13-11-2025, 105 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
105 d late
2023
120 d late
2022
142 d late
2021
212 d late
2020
61 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€122k▼ 18.9%
2023 · €151k
2020: €86klowest in 5 years
2021: €122k▲ +42.2% vs 2020
2022: €143k▲ +16.8% vs 2021
2023: €151k▲ +5.8% vs 2022highest in 5 years
2024: €122k▼ -18.9% vs 2023
2020 → 2024
Total assets
€716k▲ 1.4%
2023 · €706k
2020: €392klowest in 5 years
2021: €488k▲ +24.4% vs 2020
2022: €581k▲ +19.2% vs 2021
2023: €706k▲ +21.5% vs 2022
2024: €716k▲ +1.4% vs 2023highest in 5 years
2020 → 2024
Net result
€122k▲ 12.3%
2023 · €108k
2020: €76k
2021: €36k▼ -52.2% vs 2020lowest in 5 years
2022: €70k▲ +94.5% vs 2021
2023: €108k▲ +53.6% vs 2022
2024: €122k▲ +12.3% vs 2023highest in 5 years
2020 → 2024
Working capital
€80k▲ 24.6%
2023 · €64k
2020: €-6klowest in 5 years
2021: €10k▲ +277% vs 2020
2022: €33k▲ +214% vs 2021
2023: €64k▲ +96.4% vs 2022
2024: €80k▲ +24.6% vs 2023highest in 5 years
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€86k-€122k▲ 42.2%€143k▲ 16.8%€151k▲ 5.8%€122k▼ 18.9%
2020: €86klowest in 5 years
2021: €122k▲ +42.2% vs 2020
2022: €143k▲ +16.8% vs 2021
2023: €151k▲ +5.8% vs 2022highest in 5 years
2024: €122k▼ -18.9% vs 2023
Operating result€97k-€43k▼ 56.3%€85k▲ 99.7%€139k▲ 64.2%€169k▲ 21.1%
2020: €97k
2021: €43k▼ -56.3% vs 2020lowest in 5 years
2022: €85k▲ +99.7% vs 2021
2023: €139k▲ +64.2% vs 2022
2024: €169k▲ +21.1% vs 2023highest in 5 years
Net result€76k-€36k▼ 52.2%€70k▲ 94.5%€108k▲ 53.6%€122k▲ 12.3%
2020: €76k
2021: €36k▼ -52.2% vs 2020lowest in 5 years
2022: €70k▲ +94.5% vs 2021
2023: €108k▲ +53.6% vs 2022
2024: €122k▲ +12.3% vs 2023highest in 5 years
Turnover and EBIT margin not published: the abbreviated 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 21% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €716k
Fixed assets
€189k ▼ 37.3%
Current assets
€527k ▲ 30.2%
Equity and liabilities €716k
Equity
€122k ▼ 18.9%
Debt
€594k ▲ 6.9%
Debt's share of the balance-sheet total rises from 78.6% to 82.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€287k▲
2023 · €246k
Cash flow
€239k▲
2023 · €215k
Current ratio
1.18▼
2023 · 1.19
Debt to equity
4.85▲
2023 · 3.68
ROE
99.3%▲
2023 · 71.8%
ROA
17.0%▲
2023 · 15.3%
Interest coverage
24.83▼
2023 · 60.58
Debt ≤ 1 year
€447k▲
2023 · €341k
Debt > 1 year
€146k▼
2023 · €214k
Income taxes
€37k▲
2023 · €27k
Staff costs
€393k▲
2023 · €372k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€706k€716k▲
Fixed assets21/28€301k€189k▼
Tangible fixed assets22/27€301k€189k▼
Plant, machinery and equipment23€5k€6k▲
Furniture and vehicles24€58k€30k▼
Leasing and similar rights25€238k€153k▼
Financial fixed assets28€385€385=
Current assets29/58€405k€527k▲
Amounts receivable within one year40/41€200k€144k▼
Trade receivables40€148k€115k▼
Other amounts receivable41€52k€28k▼
Cash at bank and in hand54/58€205k€382k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€706k€716k▲
Equity10/15€151k€122k▼
Contributions10/11€10k€10k=
Reserves13€141k€112k▼
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€140k€111k▼
Amounts payable17/49€555k€594k▲
Amounts payable after more than one year17€214k€146k▼
Financial debts170/4€214k€146k▼
Amounts payable within one year42/48€341k€447k▲
Current portion of amounts payable after more than one year42€91k€82k▼
Trade debts44€21k€69k▲
Suppliers440/4€21k€69k▲
Taxes, remuneration and social security45€102k€64k▼
Taxes450/3€49k€31k▼
Remuneration and social security454/9€53k€32k▼
Other amounts payable47/48€127k€233k▲
Income statement
Code20232024
Remuneration, social security and pensions62€372k€393k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€107k€118k▲
Other operating charges640/8€5k€6k▲
Gross operating margin9900€624k€686k▲
Operating profit (loss)9901€139k€169k▲
Financial income75/76B€0€725▲
Recurring financial income75€0€725▲
Financial charges65/66B€4k€12k▲
Recurring financial charges65€4k€12k▲
Profit (loss) for the period before taxes9903€135k€158k▲
Income taxes67/77€27k€37k▲
Profit (loss) for the period9904€108k€122k▲
Profit (loss) for the period to be appropriated9905€108k€122k▲
Appropriation of the result
Profit (loss) to be appropriated9906€108k€122k▲
Transfer from equity791/2-€28k
Transfer to equity691/2€8k-
To other reserves6921€8k-
Profit to be distributed694/7€100k€150k▲
Return on contributions (dividend)694€100k€150k▲
Social balance
Average headcount (FTE)90876.56.5=
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €286k | €364k | €372k | €393k | ▲ 5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €51k | €69k | €83k | €107k | €118k | ▲ 10.1% |
| Other operating charges640/8 | - | €4k | €5k | €5k | €6k | ▲ 23.4% |
| Gross operating margin9900 | €413k | €402k | €537k | €624k | €686k | ▲ 10.1% |
| Operating profit (loss)9901 | €97k | €43k | €85k | €139k | €169k | ▲ 21.1% |
| Financial income75/76B | - | - | €3 | €0 | €725 | ▲ 426,382% |
| Recurring financial income75 | €154 | - | €3 | €0 | €725 | ▲ 426,382% |
| Financial charges65/66B | - | €4k | €3k | €4k | €12k | ▲ 184% |
| Recurring financial charges65 | €4k | €4k | €3k | €4k | €12k | ▲ 184% |
| Profit (loss) for the period before taxes9903 | €93k | €39k | €82k | €135k | €158k | ▲ 16.8% |
| Income taxes67/77 | €17k | €2k | €11k | €27k | €37k | ▲ 34.7% |
| Profit (loss) for the period9904 | €76k | €36k | €70k | €108k | €122k | ▲ 12.3% |
| Profit (loss) for the period to be appropriated9905 | €76k | €36k | €70k | €108k | €122k | ▲ 12.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €392k | €488k | €581k | €706k | €716k | ▲ 1.4% |
| Fixed assets21/28 | €192k | €281k | €269k | €301k | €189k | ▼ 37.3% |
| Tangible fixed assets22/27 | €192k | €281k | €269k | €301k | €189k | ▼ 37.3% |
| Plant, machinery and equipment23 | - | €12k | €9k | €5k | €6k | ▲ 13.4% |
| Furniture and vehicles24 | - | €74k | €85k | €58k | €30k | ▼ 48.2% |
| Leasing and similar rights25 | - | €195k | €175k | €238k | €153k | ▼ 35.9% |
| Financial fixed assets28 | €385 | €385 | €385 | €385 | €385 | = |
| Current assets29/58 | €200k | €206k | €312k | €405k | €527k | ▲ 30.2% |
| Amounts receivable within one year40/41 | €73k | €80k | €253k | €200k | €144k | ▼ 28.1% |
| Trade receivables40 | - | €71k | €191k | €148k | €115k | ▼ 22.2% |
| Other amounts receivable41 | - | €9k | €62k | €52k | €28k | ▼ 45.0% |
| Cash at bank and in hand54/58 | €117k | €126k | €59k | €205k | €382k | ▲ 86.5% |
| Deferred charges and accrued income490/1 | - | - | - | - | €1k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €392k | €488k | €581k | €706k | €716k | ▲ 1.4% |
| Equity10/15 | €86k | €122k | €143k | €151k | €122k | ▼ 18.9% |
| Contributions10/11 | - | €10k | €10k | €10k | €10k | = |
| Reserves13 | €76k | €112k | €133k | €141k | €112k | ▼ 20.2% |
| Non-distributable reserves130/1 | - | €1k | €1k | €1k | €1k | = |
| Reserves not available under the articles1311 | - | €1k | €1k | €1k | €1k | = |
| Distributable reserves133 | - | €111k | €132k | €140k | €111k | ▼ 20.4% |
| Amounts payable17/49 | €306k | €366k | €439k | €555k | €594k | ▲ 6.9% |
| Amounts payable after more than one year17 | €100k | €170k | €159k | €214k | €146k | ▼ 31.8% |
| Financial debts170/4 | - | €170k | €159k | €214k | €146k | ▼ 31.8% |
| Amounts payable within one year42/48 | €206k | €196k | €280k | €341k | €447k | ▲ 31.2% |
| Current portion of amounts payable after more than one year42 | - | €62k | €98k | €91k | €82k | ▼ 10.7% |
| Trade debts44 | €26k | €6k | €40k | €21k | €69k | ▲ 236% |
| Suppliers440/4 | - | €6k | €40k | €21k | €69k | ▲ 236% |
| Advances received on contracts in progress46 | - | - | €8k | - | - | - |
| Taxes, remuneration and social security45 | - | €50k | €68k | €102k | €64k | ▼ 37.4% |
| Taxes450/3 | - | €33k | €18k | €49k | €31k | ▼ 35.4% |
| Remuneration and social security454/9 | - | €17k | €50k | €53k | €32k | ▼ 39.2% |
| Other amounts payable47/48 | - | €78k | €67k | €127k | €233k | ▲ 82.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €76k | €36k | €70k | €108k | €122k | ▲ 12.3% |
| + Depreciation and write-downs630 | €51k | €69k | €83k | €107k | €118k | ▲ 10.1% |
| Operating cash flow (approximation) | €127k | €106k | €153k | €215k | €239k | ▲ 11.2% |
| Investment in fixed assets (approximation) | - | €-159k | €-70k | €-139k | €-5k | ▲ 96.1% |
| Change in cash | - | €9k | €-67k | €146k | €177k | ▲ 21.6% |
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
13-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 105 days late
2024
31-12
Financial
Highest result since 2020net €122k ▲12.3%
Operating result €169k, net result €122k, both a record.
28-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 120 days late
2023
31-12
Financial
Equity above €150kEq €151k ▲5.8%
4 profitable years in a row build equity to €151k.
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 142 days late
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 212 days late
2021
31-12
Financial
Weakest financial yearnet €36k ▼52.2%
Net result drops to €36k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €122k ▲42.2%
2 profitable years in a row build equity to €122k.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Izegem · 1 establishment unit since 2019
Ground area
3,913 m²
Building footprint
1,332 m²
Volume, LiDAR
9,524 m³
Parcel 36492A0299/00E005, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
TPROFIJT
since 20192.295.315.948
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36492A0299/00E005 | Flanders | 3,913 m² | 1 · 1,332 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 42,664 EUR awarded · 42,664 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 3 | 8,754 EUR | 8,754 EUR |
| 2024 | 1 | 9,723 EUR | 9,723 EUR |
| 2023 | 1 | 10,488 EUR | 10,488 EUR |
| 2022 | 1 | 13,699 EUR | 13,699 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Individueel Maatwerk
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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BUSINESS PROJECT OFFICE
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BE 0465.081.643
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Of 948 companies in sector 47792 we hold annual accounts for 184. 132 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
Founded28-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47792Retail sale of second-hand clothing
49420Removal services
47793Retail sale of other second-hand goods, excluding clothing
Scores and ratios are computed by Checked and are not a credit decision.