TZ MOTORS
ActiveTZ MOTORS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €64k and a net result of €3k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 27% of 26053 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
38
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability37▲+28
Solvency31▼-12
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity short (current ratio 0.98 against 0.91 in 2023; short-term debt: 82.4% and cash: 0.1% of total assets), and 93.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 · 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 09-12-2025, 131 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 filingsDeviation from the deadline
2025
not confirmed
2024
131 d late
2023
70 d late
2022
64 d late
2021
24 d late
2020
34 d late
2019
102 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€64k▲ 5.1%
2023 · €61k
2018: €57k
2019: €59k
2020: €79k
2021: €82k
2022: €85k
2023: €61k
2018 → 2024
Total assets
€1.03M▲ 205%
2023 · €336k
2018: €203k
2019: €192k
2020: €255k
2021: €220k
2022: €342k
2023: €336k
2018 → 2024
Net result
€3k
2023 · €-25k
2018: €15k
2019: €2k
2020: €20k
2021: €3k
2022: €3k
2023: €-25k
2018 → 2024
Working capital
€-16k▼ 16.2%
2023 · €-13k
2018: €50k
2019: €58k
2020: €57k
2021: €60k
2022: €16k
2023: €-13k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€79k-€82k▲ 4.2%€85k▲ 3.8%€61k▼ 29.1%€64k▲ 5.1%
Operating result€29k-€11k▼ 62.6%€10k▼ 8.2%€-17k€14k
Net result€20k-€3k▼ 83.7%€3k▼ 5.5%€-25k€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €14k after a loss of €17k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.03M
Fixed assets
€196k▼ 2.8%
Current assets
€829k▲ 518%
Equity and liabilities €1.03M
Equity
€64k▲ 5.1%
Debt
€962k▲ 249%
The debt ratio rises from 82.0% to 93.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€20k▲
2023 · €-11k
Cash flow
€9k▲
2023 · €-19k
Solvency
6.2%▼
2023 · 18.0%
Current ratio
0.98▲
2023 · 0.91
Quick ratio
0.46▲
2023 · 0.40
Debt / equity
15.09▲
2023 · 4.55
ROE
4.9%▲
2023 · -41.0%
ROA
0.3%▲
2023 · -7.4%
Interest coverage
2.11▲
2023 · -1.41
Debt
€962k▲
2023 · €276k
Debt ≤ 1 year
€845k▲
2023 · €148k
Debt > 1 year
€117k▼
2023 · €128k
Income taxes
€904
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€336k€1.03M▲
Fixed assets21/28€202k€196k▼
Tangible fixed assets22/27€202k€196k▼
Land and buildings22€199k€195k▼
Furniture and vehicles24€18€0▼
Other tangible fixed assets26€3k€1k▼
Current assets29/58€134k€829k▲
Stocks and contracts in progress3€75k€437k▲
Stocks30/36€75k€437k▲
Amounts receivable within one year40/41€49k€383k▲
Trade receivables40€44k€378k▲
Other amounts receivable41€5k€5k▼
Cash at bank and in hand54/58€545€677▲
Deferred charges and accrued income490/1€10k€8k▼
Equity and liabilities
Total equity and liabilities10/49€336k€1.03M▲
Equity10/15€61k€64k▲
Contributions10/11€6k€6k=
Reserves13€79k€79k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€77k€77k=
Profit (loss) carried forward14€-25k€-22k▲
Amounts payable17/49€276k€962k▲
Amounts payable after more than one year17€128k€117k▼
Financial debts170/4€128k€117k▼
Amounts payable within one year42/48€148k€845k▲
Current portion of amounts payable after more than one year42€11k€11k▲
Financial debts43€50k€50k=
Credit institutions430/8€50k€50k=
Trade debts44€2k€700k▲
Suppliers440/4€2k€700k▲
Taxes, remuneration and social security45-€1k
Taxes450/3-€1k
Other amounts payable47/48€85k€82k▼
Income statement
Code20232024
Non-recurring operating income76A€11€3k▲
Goods, raw materials, services and sundry goods60/61€433k€382k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A€52€4k▲
Gross operating margin9900€-10k€25k▲
Operating profit (loss)9901€-17k€14k▲
Financial charges65/66B€8k€10k▲
Recurring financial charges65€8k€9k▲
Non-recurring financial charges66B€48€780▲
Profit (loss) for the period before taxes9903€-25k€4k▲
Income taxes67/77-€904
Profit (loss) for the period9904€-25k€3k▲
Profit (loss) for the period to be appropriated9905€-25k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-25k€-22k▲
Profit (loss) brought forward from the previous period14P-€-25k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 131 days late
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 70 days late
2023
31-12
Financial
Weakest financial yearnet €-25k ▼900%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 64 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
03-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 34 days late
2020
31-12
Financial
Highest result since 2018net €20k ▲1024%
Operating result €29k, net result €20k, both a record.
10-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 102 days late
2019
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
17-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are 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, La Louvière · 1 establishment unit since 2011
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.
Rue de Trivières(S-B) 1277110 La LouvièreGround area
114 m²
Building footprint
121 m²
Parcel 55042B0397/00N004, Wallonia. Linked by address, not a title deed.
1 establishment unit
TZ MOTORS
since 20112.203.873.157
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55042B0397/00N004 | Wallonia | 114 m² | 1 · 121 m² | - |
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.
Similar companies · same sector, comparable size
AADMI AUTOMOTIVES
BE 0738.907.693
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OPEL RECUP CENTER
BE 1002.618.427
Brussel · Eq €64k
MEC-AUTO
BE 0425.083.692
Baelen · Eq €64k
THOMI-AUTOS
BE 0847.953.709
Anderlecht · Eq €64k
KENNES MARC OPERATIONS
BE 0866.793.681
Diest · Eq €64k
Of 10,679 companies in sector 47811 we hold annual accounts for 5,225. 3,447 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-09-2011
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95313Repair and fitting of specific motor vehicle parts
45204
47820Retail sale of motor vehicle parts and accessories
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.