T&D MARKET
The computed 12-month bankruptcy probability of T&D MARKET is 3.4% (moderate). The 2024 annual accounts show negative equity (€-21k) and a net result of €-26k. Equity is shrinking by ~127.4% per year across the filed fiscal years. Its solvency ranks better than 20% of 6722 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-21k |
| Net result | €-26k |
| Better than sector | 20% |
| Active | 4 yrs |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -16.7% | 20.4% | |
| Net result | €-26k | €4k | |
| Equity | €-21k | €16k | |
| Gross operating margin | €-20k | €24k | |
| Staff costs | €266 | €33k |
Show 11 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | €301k |
| EBITDA | €-21k |
| Net profit | €-26k |
| Cash flow | €-21k |
| Staff costs | €266 |
| Income taxes | - |
| Dividends | - |
| Total assets | €124k |
| Equity | €-21k |
| Debt | €145k |
| of which ≤ 1y | €145k |
| of which > 1y | - |
| Working capital | €-55k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.62 |
| Quick ratio | 0.04 |
| Working capital ratio | -44.2% |
| Solvency | -16.7% |
| Debt / equity | -6.98 |
| Long-term debt ratio | - |
| Interest coverage | -73.49 |
| Gross margin | -7.4% |
| Net margin | -8.6% |
| ROA | -20.8% |
| ROE | 124.4% |
| EBITDA margin | -7.0% |
| Days sales outstanding | 1d |
| Days payable outstanding | 73d |
| Inventory turnover | 3.80 |
| Days inventory (DSI) | 96d |
Full annual accounts (24 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €124k |
| Fixed assets | 21/28 | €34k |
| Intangible fixed assets | 21 | €28k |
| Tangible fixed assets | 22/27 | €2k |
| Financial fixed assets | 28 | €5k |
| Current assets | 29/58 | €90k |
| Stocks & contracts in progress | 3 | €85k |
| Amounts receivable within one year | 40/41 | €770 |
| Cash & bank | 54/58 | €4k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €124k |
| Equity | 10/15 | €-21k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-41k |
| Amounts payable | 17/49 | €145k |
| Amounts payable within one year | 42/48 | €145k |
| Trade debts payable within one year | 44 | €64k |
| Income statement | ||
| Turnover | 70 | €301k |
| Gross operating margin | 9900 | €-20k |
| Operating result | 9901 | €-26k |
| Financial income | 75 | €9 |
| Financial charges | 65 | €286 |
| Result before taxes | 9903 | €-26k |
| Net result for the period | 9904 | €-26k |
| Result to be appropriated | 9905 | €-26k |
-
Current12-03-2026 → present
Former directors (3)
-
Former01-08-2025 → 12-03-2026
2 events
- 12-03-2026 Resigned· Director
- 01-08-2025 Appointed· Director
-
Former- → 01-08-2025
-
Former- → 27-06-2022
| NACE primary | Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 04-02-2022 |
| Status | Active |
| Postal code | 8500 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34354D0003/00C004 | Flanders | 1.5 ha | 1 · 2,501 m² | - |
| 44021A1842/00D003 | Flanders | 239 m² | 1 · 86 m² | 9.4 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
24-03-2026 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"subscribers": [
{
"kbo": null,
"rrn": null,
"kind": "person",
"name": "Peter Nsangi",
"share_class": null,
"liberation_pct": null,
"contribution_kind": null,
"n_shares_subscribed": 100,
"contribution_amount_eur": null
}
],
"decrease_purpose": null,
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Luik",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2026-03-24",
"filing_date": "2026-03-16",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2026-03-12",
"unanimous": null,
"under_authorized_capital": false,
"underlying_resolution_date": "2026-03-12"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0781.593.930",
"name_full": "T\u0026D MARKET",
"legal_form": "Besloten Vennootschap",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": null,
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"shareholders_after": [
{
"kbo": null,
"pct": 100.0,
"kind": "person",
"name": "Peter Nsangi",
"role": "aandeelhouder",
"n_shares": 100,
"share_class": null
}
],
"share_classes_after": []
}27-01-2026 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 100,
"currency": "BEF",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2025-08-01",
"evidence_quote": "Tenslotte wordt beslist alle 100 maatschappelijke aandelen van Al Hamoud Tahir. over te dragen aan Abdalla Thamir afzonderlijke akte.",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0781.593.930",
"name_full": "T \u0026 D MARKET",
"legal_form": "BV"
}
}23-08-2023 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 67,
"currency": null,
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2023-06-19",
"evidence_quote": "De algemene vergadering neemt kennis van de overdracht van aandelen (67 aandelen) van de heer AL SATER Darwish aan de heer Al Hamoud Tahir.",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0781.593.930",
"name_full": "T \u0026 D MARKET",
"legal_form": "BV"
}
}03-01-2023 AL SATER Darwish resigns as director
- AL SATER Darwish, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "AL SATER Darwish",
"address": null,
"birth_date": null
},
"effective_date": "2022-06-27",
"evidence_quote": "De bijzondere algemene vergadering besloten vanaf 27 juni 2022 het ontslag van de heer AL SATER Darwish van de functie van Bestuurder en geeft hem tot op heden een benadering tot het beheer ervan;",
"discharge_granted": false
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0781.593.930",
"name_full": "T \u0026 D MARKET",
"legal_form": "BV"
}
}08-02-2022 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "9000 Gent, Tolhuislaan 125",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1987-01-09",
"name": "AL HAMOUD Tahir",
"niss": null,
"address": "9032 Gent (Wondelgem), Morekstraat 575"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 10000,
"holder_person_name": "AL HAMOUD Tahir",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 10000,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1983-07-15",
"name": "AL SATER Darwish",
"niss": null,
"address": "7011 Mons (Ghlin), Rue des Coquelicots 18"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 10000,
"holder_person_name": "AL SATER Darwish",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 10000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 20000,
"subject_company": {
"kbo": "0781.593.930",
"name_full": "T\u0026D MARKET",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2022-01-31",
"post_incorporation_mandates": []
}| Legal nameNL | T&D MARKET |