Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TBS CONVERSIONS from Pelt, company number BE0739726849, closed financial year 2025 with a result of € -507,027 after tax. For that financial year TBS CONVERSIONS recorded a gross margin of € -110,223 and equity of € -3.1 million. Compared with financial year 2024, the result moved from € -258,573 to € -507,027. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 17, 2026.
€ -3.1 million
▼ € 507,027 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -507,027
▼ 96 % more loss than in 2024
Profit after tax over the fiscal year.
€ 13,030
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.1 million.
People and assets in 2025
€ 351,449
▼ 16% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 9,681
▲ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.8 million
▲ 16% vs 2024
Loans from banks and other lenders, long and short.
€ 745,092
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 59,854
▲ 53% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -216,532 | € -310,230 | € 192,414 | € -110,223 | ▼ € 302,637 |
| Profit after taxes | € -712,554 | € -938,078 | € -258,573 | € -507,027 | ▼ € 248,454 |
| Equity | € -1,439,859 | € -2,377,938 | € -2,636,511 | € -3,143,538 | ▼ € 507,027 |
| Total debts | € 2,077,114 | € 2,887,877 | € 3,124,314 | € 3,707,388 | ▲ 19% |
| Cash | € 61,062 | € 4,445 | € 21,110 | € 13,030 | ▼ 38% |
| Retained profit | € -1,444,859 | € -2,382,938 | € -2,641,511 | € -3,148,538 | ▼ € 507,027 |
| Bank debt | € 1,374,350 | € 1,800,505 | € 2,398,377 | € 2,770,638 | ▲ 16% |
| Balance sheet total | € 637,255 | € 509,939 | € 487,803 | € 563,850 | ▲ 16% |
Key figures of TBS CONVERSIONS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to TBS CONVERSIONS?
What happened at TBS CONVERSIONS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 507,027. filed late Source: NBB ↗
- Francisco Schrijnwerkers became a director. NBB
- New establishment in Pelt. KBO
- Start of the company according to the CBE. KBO
In short
From € 712,554 loss in 2022 to € 507,027 loss in 2025.
Paid € 39,546 in corporate taxes since 2022.
A new publication or filing at TBS CONVERSIONS? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind TBS CONVERSIONS is Francisco Schrijnwerkers. Francisco Schrijnwerkers is also behind MANNAERTS SCHRIJNWERKERS, BLAUWBESSEN SCHRIJNWERKERS, Best Berries By Schrijnwerkers, Frambilzen and VENHOF.
Directors
According to the 2025 annual accounts
Francisco Schrijnwerkers
Director
Also active at: MANNAERTS SCHRIJNWERKERS, BLAUWBESSEN SCHRIJNWERKERS, Best Berries By Schrijnwerkers, Frambilzen, VENHOF
since 2022
Establishments
Establishment units
Physical locations of this company
Emiel Vlieberghlaan 6
3900 Pelt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
HETZNER-AS, DE
Domain
Domain
tbsconversions.com
Registered
2018-08-07
Registrar
HOSTINGER operations, UAB
Expires
2028-08-07
Website info
Features
Security
Details
- Company number
- 0739.726.849
- VAT number
- BE 0739.726.849
- Registered office
- Emiel Vlieberghlaan 6, 3900 Pelt
- Names & denominations
- TBS CONVERSIONS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2019
- Peppol
- Active · Active since 25 Sept 2025
- Contact
- tbsconversions.com [email protected]
- Activities · NACE
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Algemeen onderhoud en reparatie van overige motorvoertuigen (> 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)