TUSHIA
ActiveTUSHIA has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-74k) and a net result of €24k. Equity is shrinking by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 37972 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency63▼-4
Growth58=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.85 against 2.07 in 2023), but equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 2024Solvency, return and age of the figures
Solvency
-255.7%
Return on assets
82.7%
Age of the figures
20 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 37972 sector peers (2024).
NBB · sector comparisonPosition among 37972 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
119 d early
2022
3 d early
2021
24 d early
2020
30 d late
2019
129 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€24k▲ 78.3%
2023 · €13k
2018: €-23k
2019: €-130k
2020: €-31k
2021: €11k
2022: €-10k
2023: €13k
2018 → 2024
Working capital
€6k▲ 36.0%
2023 · €5k
2018: €109k
2019: €-119k
2020: €-178k
2021: €-157k
2022: €5k
2023: €5k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-113k-€-101k▲ 10.1%€-111k▼ 9.9%€-98k▲ 12.1%€-74k▲ 24.4%
Operating result€-31k-€12k€-10k€13k€24k▲ 77.5%
Net result€-31k-€11k€-10k€13k€24k▲ 78.3%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 78% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €29k
Fixed assets
€15k▼ 68.8%
Current assets
€13k▲ 52.9%
Key figures and ratios
EBITDA
€27k▲
2023 · €18k
Cash flow
€27k▲
2023 · €18k
Solvency
-255.7%▼
2023 · -167.5%
Current ratio
1.85▼
2023 · 2.07
Quick ratio
1.85▼
2023 · 2.07
Debt / equity
-1.39▲
2023 · -1.60
ROE
-32.3%▼
2023 · -13.7%
ROA
82.7%▲
2023 · 23.0%
Interest coverage
549.62▲
2023 · 453.52
Debt
€103k▼
2023 · €157k
Debt ≤ 1 year
€7k▲
2023 · €4k
Debt > 1 year
€96k▼
2023 · €152k
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€59k€29k▼
Fixed assets21/28€50k€15k▼
Tangible fixed assets22/27€50k€15k▼
Land and buildings22€33k€0▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€11k€8k▼
Other tangible fixed assets26€6k€5k▼
Financial fixed assets28€124€124=
Current assets29/58€9k€13k▲
Amounts receivable within one year40/41€5k€9k▲
Trade receivables40€2k€3k▲
Other amounts receivable41€3k€6k▲
Cash at bank and in hand54/58€3k€3k▲
Deferred charges and accrued income490/1€743€1k▲
Equity and liabilities
Total equity and liabilities10/49€59k€29k▼
Equity10/15€-98k€-74k▲
Contributions10/11€75k€75k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-175k€-151k▲
Amounts payable17/49€157k€103k▼
Amounts payable after more than one year17€152k€96k▼
Financial debts170/4€152k€96k▼
Amounts payable within one year42/48€4k€7k▲
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Other amounts payable47/48€1k€5k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€2k€366▼
Gross operating margin9900€20k€27k▲
Operating profit (loss)9901€13k€24k▲
Financial income75/76B-€83
Recurring financial income75-€83
Financial charges65/66B€39€49▲
Recurring financial charges65€39€49▲
Profit (loss) for the period before taxes9903€13k€24k▲
Profit (loss) for the period9904€13k€24k▲
Profit (loss) for the period to be appropriated9905€13k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-175k€-151k▲
Profit (loss) brought forward from the previous period14P€-188k€-175k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €24k ▲78.3%
Operating result €24k, net result €24k, both a record.
03-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity times 102current ratio 6.14
Current ratio from 0.06 to 6.14; short-term debt falls from €168k to €949.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €11k
Net result €11k after 3 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
07-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 129 days late
2019
31-12
Financial
Weakest financial yearnet €-130k
Net result drops to €-130k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Sint-Pieters-Woluwe · 1 establishment unit since 1998
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.
Mostincklaan 1091150 Sint-Pieters-WoluweGround area
286 m²
Building footprint
94 m²
Volume, LiDAR
737 m³
Parcel 21684B0038/00L005, Brussels · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DIRK TIREZ BVBA
since 19982.089.283.790
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21684B0038/00L005 | Brussels | 286 m² | 1 · 94 m² | 10.0 m · 3 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.
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ON TRACK CONSULTING
BE 0749.851.669
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Bensky & Mitch
BE 0633.619.935
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AITconsult
BE 0744.486.579
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Of 82,241 companies in sector 70200 we hold annual accounts for 52,391. 37,842 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-11-1998
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.