T-LA19
ActiveT-LA19 has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €246k and a net result of €56k. Equity is growing by ~37.5% per year across the filed fiscal years. Its solvency ranks better than 46% of 670 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-11
Solvency68▼-10
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 2.46 against 3.99 in 2024; short-term debt: 18.4% and cash: 3.3% of total assets), but 56.6% 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 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43.4%
Return on assets
9.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 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
27 d late
2024
2 d early
2023
19 d late
2022
8 d late
2021
22 d late
2020
5 d late
2019
58 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 monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€561k▲ 18.0%
2023 · €476k
2018: €3.63M
2019: €1.04M
2020: €205k
2021: €204k
2022: €304k
2023: €476k
2018 → 2024
EBIT margin
14.5%▲ 10.3pp
2023 · 4.3%
2018: 0.1%
2019: 1.2%
2020: 27.2%
2021: 4.3%
2022: 23.4%
2023: 4.3%
2018 → 2024
Net result
€56k▼ 0.6%
2024 · €56k
2018: €-213
2019: €8k
2020: €40k
2021: €2k
2022: €50k
2023: €12k
2024: €56k
2018 → 2025
Working capital
€152k▲ 21.4%
2024 · €125k
2018: €20k
2019: €-13k
2020: €37k
2021: €17k
2022: €61k
2023: €61k
2024: €125k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€204k-€304k▲ 49.1%€476k▲ 56.7%€561k▲ 18.0%
Equity€75k-€123k▲ 64.9%€135k▲ 9.3%€191k▲ 41.6%€246k▲ 29.2%
Operating result€9k-€71k▲ 719%€20k▼ 71.5%€82k▲ 302%€84k▲ 3.5%
Net result€2k-€50k▲ 2,556%€12k▼ 76.8%€56k▲ 387%€56k▼ 0.6%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 3% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €567k
Fixed assets
€311k▲ 58.7%
Current assets
€257k▲ 53.3%
Equity and liabilities €567k
Equity
€246k▲ 29.2%
Debt
€321k▲ 86.1%
The debt ratio rises from 47.5% to 56.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€127k▲
2024 · €124k
Cash flow
€98k▼
2024 · €99k
Solvency
43.4%▼
2024 · 52.5%
Current ratio
2.46▼
2024 · 3.99
Quick ratio
2.46▼
2024 · 3.99
Debt / equity
1.30▲
2024 · 0.90
ROE
22.6%▼
2024 · 29.4%
ROA
9.8%▼
2024 · 15.4%
Interest coverage
14.62▼
2024 · 39.51
Debt
€321k▲
2024 · €172k
Debt ≤ 1 year
€104k▲
2024 · €42k
Debt > 1 year
€217k▲
2024 · €130k
Income taxes
€24k▼
2024 · €24k
Staff costs
€4k
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€363k€567k▲
Fixed assets21/28€196k€311k▲
Tangible fixed assets22/27€196k€311k▲
Land and buildings22€160k€143k▼
Plant, machinery and equipment23€9k€17k▲
Furniture and vehicles24€25k€149k▲
Other tangible fixed assets26€2k€1k▼
Financial fixed assets28€100€100=
Current assets29/58€167k€257k▲
Amounts receivable within one year40/41€117k€235k▲
Trade receivables40€59k€118k▲
Other amounts receivable41€57k€117k▲
Cash at bank and in hand54/58€48k€19k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€363k€567k▲
Equity10/15€191k€246k▲
Contributions10/11€19k€19k=
Outside capital11-€19k
Other1109/19-€19k
Reserves13€151k€228k▲
Distributable reserves133€151k€228k▲
Profit (loss) carried forward14€21k-
Amounts payable17/49€172k€321k▲
Amounts payable after more than one year17€130k€217k▲
Financial debts170/4€130k€217k▲
Amounts payable within one year42/48€42k€104k▲
Current portion of amounts payable after more than one year42€13k€48k▲
Trade debts44€22k€48k▲
Suppliers440/4€22k€48k▲
Taxes, remuneration and social security45€7k€8k▲
Taxes450/3€7k€7k▼
Remuneration and social security454/9-€2k
Income statement
Code20242025
Turnover70€561k-
Goods, raw materials, services and sundry goods60/61€429k-
Remuneration, social security and pensions62-€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€43k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€2k-
Other operating charges640/8€5k€7k▲
Gross operating margin9900€132k€139k▲
Operating profit (loss)9901€82k€84k▲
Financial income75/76B€1k€4k▲
Recurring financial income75€1k€4k▲
Financial charges65/66B€3k€9k▲
Recurring financial charges65€3k€9k▲
Profit (loss) for the period before taxes9903€80k€79k▼
Income taxes67/77€24k€24k▼
Profit (loss) for the period9904€56k€56k▼
Profit (loss) for the period to be appropriated9905€56k€56k▼
Appropriation of the result
Profit (loss) to be appropriated9906€77k€56k▼
Profit (loss) brought forward from the previous period14P€21k-
Transfer to equity691/2€56k€56k▼
To the legal reserve6920-€56k
To other reserves6921€56k-
The notes to these accounts (8 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
31-12
Financial
Equity above €200kEq €246k ▲29.2%
7 profitable years in a row build equity to €246k.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €56k ▲387%
Net result €56k, the highest in the series.
31-12
Financial
Equity above €150kEq €191k ▲41.6%
6 profitable years in a row build equity to €191k.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 19 days late
2023
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 8 days late
2022
31-12
Financial
Equity above €100kEq €123k ▲64.9%
4 profitable years in a row build equity to €123k.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 22 days late
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 5 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 1.84
Current ratio from 0.81 to 1.84; short-term debt falls from €70k to €44k.
27-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 58 days late
2019
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 24 days late
2018
20-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
21-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Morlanwelz · 1 establishment unit since 2015
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.
Rue de Namur(MSA) 687141 MorlanwelzGround area
693 m²
Building footprint
85 m²
Volume, LiDAR
649 m³
Parcel 56055A0280/00P000, Wallonia · tallest building 8.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
T-LA19 SPRL
since 20152.245.082.618
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56055A0280/00P000 | Wallonia | 693 m² | 1 · 85 m² | 8.8 m · 3 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.
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Of 3,988 companies in sector 25110 we hold annual accounts for 2,148. 1,656 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-06-2015
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
33110Repair and maintenance of fabricated metal products
68121Development of residential building projects
95315Tyre services
95316Washing and cleaning of motor vehicles
46180Agents specialised in the wholesale of other particular products
82300Organisation of conventions and trade shows
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.