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T.DIFFUSION

Active
Public limited companyfounded 197748 yrs activeAvenue Thomas Edison 32, 1402 Nivelles, BelgiumKBO/BCE: BE 0418.157.102

T.DIFFUSION has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.25M and a net result of €141k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 636 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2025
60 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40▼-14
Solvency36▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity short (current ratio 0.84 against 0.29 in 2024; short-term debt: 9.3% and cash: 0.4% of total assets), and 89.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Ten signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 48 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
10.7%
Return on assets
1.2%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 636 sector peers (2025).
NBB · sector comparison
Position among 636 sector peers
Solvency
better than 17%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.25M
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
1 d late
2023
41 d early
2022
41 d early
2021
3 d late
2020
20 d late
2019
42 d late
← 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 months
Position in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€141k▼ 51.3%
2024 · €289k
2018: €-246k 2019: €-254k 2020: €72k 2021: €1.56M 2022: €332 2023: €333k 2024: €289k
2018 → 2025
Working capital
€-170k▲ 71.9%
2024 · €-606k
2018: €-2.58M 2019: €-2.62M 2020: €-2.23M 2021: €-550k 2022: €-67k 2023: €-421k 2024: €-606k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€551k-€439k▼ 20.4%€659k▲ 50.2%€836k▲ 26.9%€1.25M▲ 49.7%
Operating result€1.61M-€2k▼ 99.9%€338k▲ 16,334%€351k▲ 3.8%€147k▼ 58.3%
Net result€1.56M-€332▼ 100.0%€333k▲ 100,140%€289k▼ 13.0%€141k▼ 51.3%
Result per fiscal year
Operating resultNet result
€0€500k€1.00M€1.50MOperating result 2021: €1.61M€1.61MNet result 2021: €1.56M€1.56MOperating result 2022: €2k€2kNet result 2022: €332€332Operating result 2023: €338k€338kNet result 2023: €333k€333kOperating result 2024: €351k€351kNet result 2024: €289k€289kOperating result 2025: €147k€147kNet result 2025: €141k€141k20212022202320242025
The operating result falls in 2025; 2025 is 58% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11.70M
Fixed assets €10.78M▼ 7.3%
Current assets €912k▲ 273%
Equity and liabilities €11.70M
Equity €1.25M▲ 49.7%
Debt €10.45M▼ 5.4%
The debt ratio falls from 93.0% to 89.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.02M
2024 · €1.22M
Cash flow
€1.02M
2024 · €1.16M
Solvency
10.7%
2024 · 7.0%
Current ratio
0.84
2024 · 0.29
Quick ratio
0.84
2024 · 0.29
Debt / equity
8.35
2024 · 13.21
ROE
11.3%
2024 · 34.6%
ROA
1.2%
2024 · 2.4%
Interest coverage
2.32
2024 · 3.83
Debt
€10.45M
2024 · €11.04M
Debt ≤ 1 year
€1.08M
2024 · €851k
Debt > 1 year
€9.33M
2024 · €10.08M
Income taxes
€48k
2024 · €96k
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€11.88M€11.70M
Fixed assets21/28€11.64M€10.78M
Tangible fixed assets22/27€3.92M€3.07M
Land and buildings22€3.92M€3.07M
Financial fixed assets28€7.72M€7.72M=
Current assets29/58€245k€912k
Amounts receivable within one year40/41€11€4k
Other amounts receivable41€11€4k
Cash at bank and in hand54/58€92k€49k
Deferred charges and accrued income490/1€153k€859k
Equity and liabilities
Total equity and liabilities10/49€11.88M€11.70M
Equity10/15€836k€1.25M
Contributions10/11€208k€208k=
Capital10€208k€208k=
Issued capital100€208k€208k=
Reserves13€533k€533k=
Non-distributable reserves130/1€21k€21k=
Legal reserve130€21k€21k=
Distributable reserves133€512k€512k=
Profit (loss) carried forward14€-165k€-24k
Investment grants15€260k€535k
Amounts payable17/49€11.04M€10.45M
Amounts payable after more than one year17€10.08M€9.33M
Financial debts170/4€10.08M€9.33M
Amounts payable within one year42/48€851k€1.08M
Current portion of amounts payable after more than one year42€747k€747k=
Financial debts43€25k-
Credit institutions430/8€25k-
Trade debts44€2k€304k
Suppliers440/4€2k€304k
Taxes, remuneration and social security45€46k€21k
Taxes450/3€46k€21k
Other amounts payable47/48€31k€10k
Accrued charges and deferred income492/3€113k€29k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€872k€874k
Other operating charges640/8€28k€100
Gross operating margin9900€1.25M€1.02M
Operating profit (loss)9901€351k€147k
Financial income75/76B€354k€483k
Recurring financial income75€354k€483k
Financial charges65/66B€319k€440k
Recurring financial charges65€319k€440k
Profit (loss) for the period before taxes9903€386k€189k
Income taxes67/77€96k€48k
Profit (loss) for the period9904€289k€141k
Profit (loss) for the period to be appropriated9905€289k€141k
Appropriation of the result
Profit (loss) to be appropriated9906€-165k€-24k
Profit (loss) brought forward from the previous period14P€-455k€-165k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Equity above €1MEq €1.25M ▲49.7%
6 profitable years in a row build equity to €1.25M.
01-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 1 day late
2024
20-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Equity above €500kEq €659k ▲50.2%
4 profitable years in a row build equity to €659k.
20-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
03-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 3 days late
2021
31-12
Financial Highest result since 2018net €1.56M ▲2049%
Operating result €1.61M, net result €1.56M, both a record.
31-12
Financial Equity above €500kEq €551k
2 profitable years in a row build equity to €551k.
20-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 20 days late
2020
31-12
Financial Back to profitnet €72k
Net result €72k after 2 loss-making years.
11-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 42 days late
2019
31-12
Financial Weakest financial yearnet €-254k
Net result drops to €-254k, the lowest in the series; recovery starts the following year.
15-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
09-10
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 70 days late
2017
03-10
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 64 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
8 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, Nivelles · 1 establishment unit since 1978
establishment The establishment unit on the map
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.

Avenue Thomas Edison 321402 Nivelles
Ground area
9,952 m²
Building footprint
3,087 m²
Volume, LiDAR
36,332 m³
Parcel 25099D0044/00F000, Wallonia · tallest building 13.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
T-DIFFUSION
Avenue Thomas Edison 32, 1402 NivellesAir transport
since 19782.014.893.896
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25099D0044/00F000 Wallonia 9,952 m² 1 · 3,087 m² 13.2 m · 4 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.

Recognitions · licences · registrations

Legal Entity Identifier

529900DMP06CKZE9HF41
live in the LEI register

Similar companies · same sector, comparable size

Of 10,452 companies in sector 86995 we hold annual accounts for 885. 346 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded19-12-1977
Fiscal year end31-12
Activities, NACEBEL
85143
86909Human health activities
86995Nutrition and dietetics services
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.