Skip to content

T.L.D.

Active
Private limited company (pre-2019)founded 1989active for 36 yearsMeensesteenweg 298, 8870 Izegem, BelgiumKBO/BCE: BE 0438.862.246
Summary

T.L.D. has been active since 1989 and the Belgian Official Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €688,211 and a net result of €20,699. Equity is growing by about 5.6% per year across the filed financial years. Its solvency ranks better than 72% of 34,040 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
Size
€1.0mtotal assets 2025
Equity
€688,211
Profit
€20,699
Turnover not published (micro format)
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Accounts filed 56 days late0 of 6 deeds read
Why 93raises riskLatest accounts 56 days late; 3 of the last 3 lateSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.89, cash €497,536Size: total assets €1.0mShow the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 60% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 92+19
equity 67.2% of total assets
Liquidity 86+11
short-term debt 32.8% · cash 48.6%
Profitability 71+17
return on assets 2.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,550 companies, NACE 43, micro)
Last 24 months 11-2024: 9.0%highest value 12-2024: 9.0%● unchanged vs 11-2024highest value 01-2025: 9.0%● unchanged vs 12-2024highest value 02-2025: 0.8%▼ -8.2 percentage points vs 01-2025 03-2025: 0.9%▲ +0.1 percentage points vs 02-2025 04-2025: 0.8%▼ -0.1 percentage points vs 03-2025 05-2025: 0.9%▲ +0.1 percentage points vs 04-2025 06-2025: 0.8%▼ -0.1 percentage points vs 05-2025 07-2025: 0.4%▼ -0.4 percentage points vs 06-2025 08-2025: 0.7%▲ +0.3 percentage points vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 1.0%▲ +0.3 percentage points vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.4%▲ +0.4 percentage points vs 11-2025 01-2026: 3.2%▲ +1.8 percentage points vs 12-2025 02-2026: 3.2%● unchanged vs 01-2026 03-2026: 3.2%● unchanged vs 02-2026 04-2026: 3.0%▼ -0.2 percentage points vs 03-2026 05-2026: 0.5%▼ -2.5 percentage points vs 04-2026 06-2026: 0.4%▼ -0.1 percentage points vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.7%▲ +0.2 percentage points vs 07-2026 09-2026: 0.8%▲ +0.1 percentage points vs 08-2026 10-2026: 0.1%▼ -0.7 percentage points vs 09-2026lowest value
Credit of up to €60,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.89, compared with 1.57 in 2024, above the usual 1.5; short-term debt: 32.8% and cash: 48.6% of total assets), and 32.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 73% on solvency, 83% on liquidity, 40% on profitability and 43% on growth.

The bankruptcy probability was computed on 12-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Latest accounts 56 days late; 3 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 1.89, cash €497,536
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Size: total assets €1.0m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
56 days late
2024
258 days late
2023
162 days late
2022
528 days late
2021
285 days late
2020
648 days late
2019
1012 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 421 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Strikeout withdrawn
Searched, nothing found (1)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 April (4 of the last 5 filed years within 202 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Positive: Among the best 5% on equitysector median €57,756 · 34,050 companies €688,211 View
  • Positive: 6 profitable years in a rowprofit 2025: €20,699 6 years View
  • Active since 1989founded 22-10-1989 36 years View

By topic

Financials

Financial year
2025
Total assets
€1.0m
Profit
€20,699
Solvency
67.2%
Total assets▼ 26.7%
Net result
20182025
Go to Financials

Timeline

Events
36
Since
1994
Next accounts
by 31-07-2027
  1. 09-01-2025Annual accounts filed
  2. 30-05-2023Strikeout withdrawn
  3. 12-05-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded
22-10-1989
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.