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T-SERVICE

Active1 interim measure
Private limited companyfounded 200719 yrs activeBogaardestraat 173, 9990 Maldegem, BelgiumKBO/BCE: BE 0886.995.912

The file of T-SERVICE contains 1 interim measure, as published in the Belgian State Gazette. For T-SERVICE, one filing cycle of the annual accounts is missing. The computed 12-month bankruptcy probability is 1.7% (moderate). The 2024 annual accounts show equity of €358k and a net result of €-17k. Equity is growing by ~68.3% per year across the filed fiscal years. Its solvency ranks better than 54% of 7447 sector peers (fiscal year 2024).

Checked score

No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability28▼-42
Solvency72▲+16
Growth52▼-26
Track record80
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 →
raises risk · Interim administrator appointed
A court appointed an interim administrator, which usually happens once continuity is already under threat.
Belgian State Gazette
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
47%
Return on assets
-2.2%
Age of the figures
27 mo
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 19 years 0 20 y
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 229 days later.
NBB · 10 filings
Position against the passed deadline
30-06-2025 close31-01-2026 deadline17-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 26-11-2025, 299 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
299 d late
2023
26 d late
2022
on the day
2021
on the day
2020
2 d early
2019
255 d late
← before the deadline after the 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 2024, abbreviated schema

Equity
€358k▲ 105%
2023 · €175k
2019: €25k 2020: €-96k 2021: €34k 2022: €169k 2023: €175k
2019 → 2024
Total assets
€762k▲ 36.8%
2023 · €557k
2019: €266k 2020: €137k 2021: €305k 2022: €582k 2023: €557k
2019 → 2024
Net result
€-17k
2023 · €6k
2019: €-1k 2020: €-122k 2021: €130k 2022: €135k 2023: €6k
2019 → 2024
Working capital
€-45k▲ 1.7%
2023 · €-46k
2019: €-130k 2020: €-93k 2021: €-81k 2022: €-50k 2023: €-46k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€-96k-€34k€169k▲ 399%€175k▲ 3.8%€358k▲ 105%
Operating result€100k-€190k▲ 90.0%€180k▼ 5.5%€49k▼ 72.8%€-13k
Net result€-122k-€130k€135k▲ 3.5%€6k▼ 95.2%€-17k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€-100k€0€100k€200kOperating result 2020: €100k€100kNet result 2020: €-122k€-122kOperating result 2021: €190k€190kNet result 2021: €130k€130kOperating result 2022: €180k€180kNet result 2022: €135k€135kOperating result 2023: €49k€49kNet result 2023: €6k€6kOperating result 2024: €-13k€-13kNet result 2024: €-17k€-17k20202021202220232024
The operating result turns negative in 2024: a loss of €13k after €49k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €762k
Fixed assets €661k▲ 37.7%
Current assets €101k▲ 31.3%
Equity and liabilities €762k
Equity €358k▲ 105%
Provisions €52k▼ 6.1%
Debt €352k▲ 7.7%
The debt ratio falls from 58.6% to 46.1%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€11k
2023 · €73k
Cash flow
€7k
2023 · €30k
Solvency
47.0%
2023 · 31.4%
Current ratio
0.69
2023 · 0.63
Quick ratio
0.69
2023 · 0.63
Debt / equity
0.98
2023 · 1.86
ROE
-4.7%
2023 · 3.7%
ROA
-2.2%
2023 · 1.2%
Interest coverage
1.44
2023 · 8.39
Debt
€352k
2023 · €326k
Debt ≤ 1 year
€146k
2023 · €122k
Debt > 1 year
€115k
2023 · €125k
Income taxes
€190
2023 · €37k
Staff costs
€68k
2023 · €57k
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€557k€762k
Fixed assets21/28€480k€661k
Tangible fixed assets22/27€480k€661k
Land and buildings22€477k€655k
Plant, machinery and equipment23€3k€5k
Furniture and vehicles24€191€1k
Current assets29/58€77k€101k
Amounts receivable after more than one year29€60k€60k=
Trade receivables290€60k€0
Other amounts receivable291-€60k
Amounts receivable within one year40/41€13k€39k
Trade receivables40€12k€33k
Other amounts receivable41€681€6k
Cash at bank and in hand54/58€2k€0
Deferred charges and accrued income490/1€2k€2k
Equity and liabilities
Total equity and liabilities10/49€557k€762k
Equity10/15€175k€358k
Contributions10/11€20k€20k=
Revaluation surpluses12-€200k
Reserves13€219k€209k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€108k€98k
Distributable reserves133€109k€109k=
Profit (loss) carried forward14€-64k€-70k
Provisions and deferred taxes16€56k€52k
Deferred taxes168€56k€52k
Amounts payable17/49€326k€352k
Amounts payable after more than one year17€125k€115k
Financial debts170/4€125k€115k
Amounts payable within one year42/48€122k€146k
Current portion of amounts payable after more than one year42€9k€9k
Financial debts43€5k€12k
Credit institutions430/8€5k€5k
Other loans439-€7k
Trade debts44€50k€105k
Suppliers440/4€50k€105k
Taxes, remuneration and social security45€30k€18k
Taxes450/3€30k€9k
Remuneration and social security454/9€565€9k
Other amounts payable47/48€28k€568
Accrued charges and deferred income492/3€79k€90k
Income statement Code20232024
Remuneration, social security and pensions62€57k€68k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€24k
Other operating charges640/8€6k€11k
Gross operating margin9900€136k€89k
Operating profit (loss)9901€49k€-13k
Financial income75/76B€101€636
Recurring financial income75€101€636
Financial charges65/66B€9k€7k
Recurring financial charges65€9k€7k
Profit (loss) for the period before taxes9903€40k€-20k
Transfer from deferred taxes780€3k€3k
Income taxes67/77€37k€190
Profit (loss) for the period9904€6k€-17k
Transfer from tax-exempt reserves789€6k€10k
Profit (loss) for the period to be appropriated9905€13k€-7k
Appropriation of the result
Profit (loss) to be appropriated9906€-64k€-70k
Profit (loss) brought forward from the previous period14P€-76k€-64k
Social balance
Average headcount (FTE)9087-1.1

The notes to these accounts (10 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

2025
26-11
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 299 days late
2024
11-07
Interim measure Provisional administrator
Ondernemingsrechtbank Gent
30-06
Financial Equity above €200kEq €358k ▲105%
Equity rises from €175k to €358k.
26-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial Highest result since 2019net €135k ▲3.5%
Net result €135k, the highest in the series.
30-06
Financial Equity above €150kEq €169k ▲399%
2 profitable years in a row build equity to €169k.
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Back to profitnet €130k
Net result €130k after 2 loss-making years.
29-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
12-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 255 days late
30-06
Financial Weakest financial yearnet €-122k
Net result drops to €-122k, the lowest in the series; recovery starts the following year.
2019
25-01
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
25-01
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 359 days late
2017
29-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 241 days late
2016
10-02
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 10 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
7 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, Maldegem · 1 establishment unit since 2019
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.

Bogaardestraat 1739990 Maldegem
Ground area
2,013 m²
Building footprint
629 m²
Volume, LiDAR
2,742 m³
Parcel 43503F0476/00M000, Flanders · tallest building 5.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
T-Techniek
Bogaardestraat 173, 9990 MaldegemInstallation of electric heating, air conditioning, cooling and ventilation
since 20192.290.570.668
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43503F0476/00M000 Flanders 2,013 m² 1 · 628 m² 5.1 m · 2 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.

Similar companies · same sector, comparable size

Of 4,095 companies in sector 43240 we hold annual accounts for 1,631. 1,116 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded05-02-2007
Fiscal year end30-06
Trade name NL T-TECHNIEK
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.