T.G.P.
ActiveT.G.P. has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €149k and a net result of €10k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 67% of 6714 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
86
/ 100
Excellent▼ -14 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability35▼-65
Solvency97▲+3
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 2.23 against 1.91 in 2023), and 44.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €149k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
69 d late
2022
30 d late
2021
634 d late
2020
25 d early
2019
19 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€10k▼ 69.2%
2023 · €34k
2018: €3k
2019: €13k
2020: €3k
2021: €15k
2022: €19k
2023: €34k
2018 → 2024
Working capital
€83k▲ 20.7%
2023 · €69k
2018: €10k
2019: €31k
2020: €53k
2021: €-194
2022: €60k
2023: €69k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€161k-€94k▼ 41.6%€109k▲ 16.0%€139k▲ 27.6%€149k▲ 7.0%
Operating result€11k-€26k▲ 145%€30k▲ 17.0%€55k▲ 81.7%€20k▼ 63.5%
Net result€3k-€15k▲ 410%€19k▲ 27.5%€34k▲ 76.0%€10k▼ 69.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 63% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €269k
Fixed assets
€118k▼ 5.4%
Current assets
€150k▲ 4.2%
Equity and liabilities €269k
Equity
€149k▲ 7.0%
Debt
€120k▼ 7.9%
The debt ratio falls from 48.5% to 44.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€43k▼
2023 · €78k
Cash flow
€33k▼
2023 · €57k
Solvency
55.3%▲
2023 · 51.5%
Current ratio
2.23▲
2023 · 1.91
Quick ratio
1.42▼
2023 · 1.79
Debt / equity
0.81▼
2023 · 0.94
ROE
7.1%▼
2023 · 24.5%
ROA
3.9%▼
2023 · 12.6%
Interest coverage
6.74▼
2023 · 13.67
Debt
€120k▼
2023 · €131k
Debt ≤ 1 year
€68k▼
2023 · €76k
Debt > 1 year
€52k▲
2023 · €51k
Income taxes
€6k▼
2023 · €17k
Staff costs
€97k▲
2023 · €93k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€270k€269k▼
Fixed assets21/28€125k€118k▼
Tangible fixed assets22/27€125k€118k▼
Land and buildings22€81k€66k▼
Plant, machinery and equipment23€749€499▼
Furniture and vehicles24€4k€18k▲
Other tangible fixed assets26€39k€34k▼
Current assets29/58€144k€150k▲
Stocks and contracts in progress3€9k€54k▲
Stocks30/36€9k€54k▲
Amounts receivable within one year40/41€95k€51k▼
Trade receivables40€55k€974▼
Other amounts receivable41€41k€50k▲
Current investments50/53€20k€20k=
Cash at bank and in hand54/58€15k€22k▲
Deferred charges and accrued income490/1€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€270k€269k▼
Equity10/15€139k€149k▲
Contributions10/11€19k€19k=
Reserves13€106k€114k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€104k€112k▲
Profit (loss) carried forward14€14k€15k▲
Amounts payable17/49€131k€120k▼
Amounts payable after more than one year17€51k€52k▲
Financial debts170/4€51k€52k▲
Amounts payable within one year42/48€76k€68k▼
Current portion of amounts payable after more than one year42€15k€16k▲
Trade debts44€17k€21k▲
Suppliers440/4€17k€21k▲
Taxes, remuneration and social security45€43k€30k▼
Taxes450/3€38k€26k▼
Remuneration and social security454/9€5k€4k▼
Other amounts payable47/48€775€560▼
Accrued charges and deferred income492/3€4k€482▼
Income statement
Code20232024
Non-recurring operating income76A€24k€836▼
Remuneration, social security and pensions62€93k€97k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€23k▼
Other operating charges640/8€10k€6k▼
Non-recurring operating charges66A€368€6k▲
Gross operating margin9900€182k€152k▼
Operating profit (loss)9901€55k€20k▼
Financial income75/76B€1k€3k▲
Recurring financial income75€1k€3k▲
Financial charges65/66B€6k€6k▲
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€51k€16k▼
Income taxes67/77€17k€6k▼
Profit (loss) for the period9904€34k€10k▼
Profit (loss) for the period to be appropriated9905€34k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€24k▼
Profit (loss) brought forward from the previous period14P€12k€14k▲
Transfer from equity791/2€3k-
Transfer to equity691/2€32k€8k▼
To other reserves6921€32k€8k▼
Profit to be distributed694/7€4k€800▼
Return on contributions (dividend)694€4k€800▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 634 days late
2023
31-12
Financial
Highest result since 2018net €34k ▲76%
Operating result €55k, net result €34k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 2.01
Current ratio from 1.00 to 2.01; short-term debt falls from €66k to €60k.
31-12
Financial
Equity above €100kEq €109k ▲16%
5 profitable years in a row build equity to €109k.
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 19 days late
2019
31-12
Financial
Equity above €150kEq €158k ▲8.9%
2 profitable years in a row build equity to €158k.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 61 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 22 days late
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Gouvy · 1 establishment unit since 2001
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.
Rettigny 176673 GouvyGround area
493 m²
Building footprint
134 m²
Parcel 82008C0603/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rettigny 17, 6673 Gouvy
since 20012.097.854.830
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 82008C0603/00H000 | Wallonia | 493 m² | 1 · 134 m² | - |
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
Recognised contractor
6 categoriesT.G.P. SRL31427
Legal Entity Identifier
9845008E4O74EA5E2684
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Of 15,430 companies in sector 43990 we hold annual accounts for 7,352. 6,007 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-01-2001
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
45250
49410Freight transport by road
01410Raising of dairy cattle
02020
02400Forestry and logging
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.