T.B.H.
ActiveT.B.H. has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15k and a net result of €-5k. Equity is shrinking by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-2
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 13.83 against 12.24 in 2024; short-term debt: 7.2% and cash: 90.7% of total assets), and 7.2% of the assets are financed with debt.
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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 · 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 2025Solvency, return and age of the figures
Solvency
92.8%
Return on assets
-29.2%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-5k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
14 d early
2023
35 d early
2022
17 d early
2021
25 d early
2020
30 d early
2019
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€15k▼ 24.0%
2024 · €20k
2018: €25k
2019: €28k
2020: €23k
2021: €20k
2022: €26k
2023: €23k
2024: €20k
2018 → 2025
Total assets
€16k▼ 24.7%
2024 · €21k
2018: €26k
2019: €29k
2020: €24k
2021: €21k
2022: €27k
2023: €25k
2024: €21k
2018 → 2025
Net result
€-5k▼ 63.0%
2024 · €-3k
2018: €-10k
2019: €3k
2020: €-5k
2021: €-3k
2022: €6k
2023: €-3k
2024: €-3k
2018 → 2025
Working capital
€15k▼ 24.0%
2024 · €20k
2018: €25k
2019: €28k
2020: €23k
2021: €18k
2022: €25k
2023: €22k
2024: €20k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€26k▲ 30.5%€23k▼ 12.0%€20k▼ 12.8%€15k▼ 24.0%
Operating result€-3k-€6k€-3k€-3k▲ 5.4%€-5k▼ 60.5%
Net result€-3k-€6k€-3k€-3k▲ 6.2%€-5k▼ 63.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2025 against €3k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €16k
Equity
€15k▼ 24.0%
Debt
€1k▼ 33.4%
The debt ratio falls from 8.2% to 7.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-5k▼
2024 · €-2k
Cash flow
€-5k▼
2024 · €-2k
Solvency
92.8%▲
2024 · 91.8%
Current ratio
13.83▲
2024 · 12.24
Quick ratio
13.83▲
2024 · 12.24
Debt / equity
0.08▼
2024 · 0.09
ROE
-31.5%▼
2024 · -14.7%
ROA
-29.2%▼
2024 · -13.5%
Interest coverage
-28.89▼
2024 · -26.15
Debt
€1k▼
2024 · €2k
Debt ≤ 1 year
€1k▼
2024 · €2k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€21k€16k▼
Fixed assets21/28€0-
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Current assets29/58€21k€16k▼
Amounts receivable within one year40/41€3k€2k▼
Trade receivables40€3k€1k▼
Other amounts receivable41€28€59▲
Cash at bank and in hand54/58€18k€15k▼
Equity and liabilities
Total equity and liabilities10/49€21k€16k▼
Equity10/15€20k€15k▼
Contributions10/11€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€0€2k▲
Profit (loss) carried forward14€-2k€-7k▼
Amounts payable17/49€2k€1k▼
Amounts payable within one year42/48€2k€1k▼
Trade debts44€411€202▼
Suppliers440/4€411€202▼
Taxes, remuneration and social security45€907€262▼
Taxes450/3€907€262▼
Other amounts payable47/48€432€702▲
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€414€0▼
Other operating charges640/8€449€462▲
Gross operating margin9900€-2k€-4k▼
Operating profit (loss)9901€-3k€-5k▼
Financial income75/76B€93€87▼
Recurring financial income75€93€87▼
Financial charges65/66B€95€161▲
Recurring financial charges65€95€161▲
Profit (loss) for the period before taxes9903€-3k€-5k▼
Profit (loss) for the period9904€-3k€-5k▼
Profit (loss) for the period to be appropriated9905€-3k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-7k▼
Profit (loss) brought forward from the previous period14P-€-2k
Transfer from equity791/2€560€0▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity times 14current ratio 772.80
Current ratio from 55.32 to 772.80; short-term debt falls from €523 to €30.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 55.32
Current ratio from 21.07 to 55.32; short-term debt falls from €1k to €523.
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Halen · 1 establishment unit since 2003
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.
Weyerstraat 193545 HalenGround area
1,564 m²
Building footprint
312 m²
Volume, LiDAR
1,664 m³
2 parcels, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
T.B.H.
since 20032.134.467.479
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71063B0051/00S017 | Flanders | 858 m² | 1 · 172 m² | 7.3 m · 2 fl. |
| 71063B0400/00S007 | Flanders | 706 m² | 1 · 140 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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JACBO BELGIE
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Of 15,542 companies in sector 43990 we hold annual accounts for 7,421. 4,805 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-09-2003
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
45250
74300Other professional, scientific and technical activities
74301Translation services
45450
Sources
Crossroads Bank for EnterprisesNational Bank · 22 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.