T.C. DESIGN
ActiveSummary
T.C. DESIGN has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €100k and a net result of €-11k. Equity is shrinking by ~18.4% per year across the filed fiscal years. Its solvency ranks better than 45% of 403 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability35▼-41
Solvency64=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.12 in 2024; short-term debt: 46.2% of total assets), and 60.6% 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.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Sector 31
higher
← 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 2025Solvency, return and age of the figures
Solvency
39.4%
Return on assets
-4.2%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
27 d early
2022
59 d late
2021
143 d late
2020
20 d late
2019
143 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€100k▼ 9.7%
2024 · €110k
2018: €390k
2019: €402k
2020: €418k
2021: €439k
2022: €464k
2023: €103k
2024: €110k
2018 → 2025
Total assets
€252k▼ 11.3%
2024 · €285k
2018: €584k
2019: €547k
2020: €630k
2021: €603k
2022: €738k
2023: €299k
2024: €285k
2018 → 2025
Net result
€-11k
2024 · €19k
2018: €8k
2019: €12k
2020: €15k
2021: €22k
2022: €24k
2023: €11k
2024: €19k
2018 → 2025
Working capital
€8k▼ 57.0%
2024 · €18k
2018: €15k
2019: €21k
2020: €19k
2021: €20k
2022: €38k
2023: €9k
2024: €18k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€439k-€464k▲ 5.5%€103k▼ 77.8%€110k▲ 7.1%€100k▼ 9.7%
Operating result€53k-€51k▼ 3.2%€25k▼ 51.2%€38k▲ 51.5%€-1k
Net result€22k-€24k▲ 10.4%€11k▼ 54.0%€19k▲ 69.6%€-11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €1k after €38k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €252k
Fixed assets
€128k ▲ 8.8%
Current assets
€124k ▼ 25.5%
Equity and liabilities €252k
Equity
€100k ▼ 9.7%
Debt
€153k ▼ 12.4%
Debt's share of the balance-sheet total falls from 61.3% to 60.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€24k▼
2024 · €57k
Cash flow
€14k▼
2024 · €38k
Current ratio
1.07▼
2024 · 1.12
Quick ratio
0.74▲
2024 · 0.74
Debt to equity
1.54▼
2024 · 1.58
ROE
-10.7%▼
2024 · 17.1%
ROA
-4.2%▼
2024 · 6.6%
Interest coverage
2.62▼
2024 · 5.82
Debt ≤ 1 year
€117k▼
2024 · €149k
Debt > 1 year
€36k▲
2024 · €25k
Income taxes
€490▼
2024 · €10k
Staff costs
€88k▼
2024 · €116k
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 · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€285k€252k▼
Fixed assets21/28€118k€128k▲
Tangible fixed assets22/27€116k€127k▲
Land and buildings22€71k€65k▼
Plant, machinery and equipment23€35k€29k▼
Furniture and vehicles24€11k€32k▲
Financial fixed assets28€1k€1k=
Current assets29/58€167k€124k▼
Stocks and contracts in progress3€56k€38k▼
Stocks30/36€48k€34k▼
Contracts in progress37€8k€4k▼
Amounts receivable within one year40/41€105k€87k▼
Trade receivables40€64k€41k▼
Other amounts receivable41€41k€46k▲
Cash at bank and in hand54/58€6k-
Deferred charges and accrued income490/1€107€195▲
Equity and liabilities
Total equity and liabilities10/49€285k€252k▼
Equity10/15€110k€100k▼
Contributions10/11€19k€19k=
Reserves13€92k€91k▼
Distributable reserves133€92k€91k▼
Profit (loss) carried forward14-€-11k
Amounts payable17/49€174k€153k▼
Amounts payable after more than one year17€25k€36k▲
Financial debts170/4€25k€36k▲
Amounts payable within one year42/48€149k€117k▼
Current portion of amounts payable after more than one year42€14k€14k▼
Financial debts43€6k€18k▲
Credit institutions430/8€6k€18k▲
Trade debts44€101k€65k▼
Suppliers440/4€101k€65k▼
Taxes, remuneration and social security45€16k€19k▲
Taxes450/3€6k€6k▼
Remuneration and social security454/9€10k€13k▲
Other amounts payable47/48€12k-
Income statement
Code20242025
Remuneration, social security and pensions62€116k€88k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€25k▲
Other operating charges640/8€6k€1k▼
Gross operating margin9900€179k€113k▼
Operating profit (loss)9901€38k€-1k▼
Financial income75/76B€131€41▼
Recurring financial income75€131€41▼
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€28k€-10k▼
Income taxes67/77€10k€490▼
Profit (loss) for the period9904€19k€-11k▼
Profit (loss) for the period to be appropriated9905€19k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€-11k▼
Transfer from equity791/2€12k€189▼
Transfer to equity691/2€19k-
To other reserves6921€19k-
Profit to be distributed694/7€12k-
Return on contributions (dividend)694€12k-
The notes to these accounts (9 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-11k ▼157%
Net result drops to €-11k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial
Highest result since 2018net €24k ▲10.4%
Net result €24k, the highest in the series.
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 143 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 143 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-07
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
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, Dessel · 1 establishment unit since 1993
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.
Kastelsedijk 342480 DesselGround area
3,178 m²
Building footprint
745 m²
Volume, LiDAR
4,287 m³
Parcel 13006F0006/00P000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TC DESIGN BVBA
since 19932.063.087.654
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13006F0006/00P000 | Flanders | 3,178 m² | 1 · 745 m² | 9.2 m · 2 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,530 EUR awarded · 2,530 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,530 EUR | 2,530 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Recognitions · licences · registrations
Dual-learning approval
1 live approvalInterieurbouwer duaal (so)
Similar companies · same sector, comparable size
DENZO VISION
BE 0503.957.857
Sint-Truiden · Eq €101,759
EC-PRO
BE 0880.890.157
Overijse · Eq €102,051
PETER VERHEYEN BVBA KEUKENS EN INTERIEUR
BE 0849.693.472
Kinrooi · Eq €96,977
Keukenmontage Strijen
BE 0735.363.235
Rijkevorsel · Eq €103,121
NIJSTEN STEFAN
BE 0862.258.833
Kontich · Eq €103,949
Of 619 companies in sector 31002 we hold annual accounts for 349. 280 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-06-1993
Fiscal year end31-12
Activities, NACEBEL 2025
31002Manufacture of furniture
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.