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T.V.B.

Active
Public limited companyfounded 198244 yrs activeHamstraat 2, 1180 Ukkel, BelgiumKBO/BCE: BE 0422.739.757
Summary

The computed 12-month bankruptcy probability of T.V.B. is 5.7% (elevated). The 2024 annual accounts show equity of €4.0m and a net result of €835,381. Equity is growing by ~3.5% per year across the filed fiscal years. The company has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€19.3mtotal assets 2024
Equity
€4.0m
Profit
€835,381
Financial health
36 Weak Checked score 2024
Bankruptcy chance 12 m
5.7%
Structure
Parent
D.C. GROUP · 99.99%
Holdings
2
Accounts 66 d overdue0 of 9 deeds read
Why 36- Figures for FY 2024 (filed 12-12-2025)- Liquidity: current ratio 0.14, cash €234, halved- 1 change of registered office in 24 months+ Size: total assets €19.3mShow the evidence

Checked score

Score 2024
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 35% of its sector peers (no NACE code, medium-sized)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency 46+8
equity 20.5% of total assets
Liquidity 24+6
short-term debt 51.4% · cash 0.0%
Profitability 24+9
return on assets 4.3%
Bankruptcy probability, 12 months
5.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.3%lowest value 12-2024: 0.3%● 0.0% vs 11-2024lowest value 01-2025: 0.3%● 0.0% vs 12-2024lowest value 02-2025: 0.3%● 0.0% vs 01-2025lowest value 03-2025: 0.4%▲ +7.9% vs 02-2025 04-2025: 0.4%● 0.0% vs 03-2025 05-2025: 0.4%▲ +3.3% vs 04-2025 06-2025: 0.4%▲ +11.0% vs 05-2025 07-2025: 0.6%▲ +37.8% vs 06-2025 08-2025: 1.0%▲ +76.7% vs 07-2025 09-2025: 1.3%▲ +30.3% vs 08-2025 10-2025: 2.3%▲ +71.3% vs 09-2025 11-2025: 5.0%▲ +119% vs 10-2025 12-2025: 5.7%▲ +13.4% vs 11-2025 01-2026: 1.9%▼ -66.1% vs 12-2025 02-2026: 1.9%● 0.0% vs 01-2026 03-2026: 1.9%● 0.0% vs 02-2026 04-2026: 2.0%▲ +1.0% vs 03-2026 05-2026: 2.1%▲ +6.0% vs 04-2026 06-2026: 2.2%▲ +8.3% vs 05-2026 07-2026: 2.3%▲ +4.2% vs 06-2026 08-2026: 3.0%▲ +27.0% vs 07-2026 09-2026: 3.7%▲ +23.1% vs 08-2026 10-2026: 5.7%▲ +56.8% vs 09-2026highest value
  • Figures for FY 2024 (filed 12-12-2025) raises the probability
  • Liquidity: current ratio 0.14, cash €234, halved raises the probability
  • 1 change of registered office in 24 months raises the probability
  • Size: total assets €19.3m lowers the probability for this profile
Credit up to €140,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.14 against 0.03 in 2023; short-term debt: 51.4% and cash: 0% of total assets), and 79.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, medium-sized). Better than this share of them on solvency 22%, liquidity 15%, profitability 19%, growth against the median 86%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Figures for FY 2024 (filed 12-12-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.14, cash €234, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
lowers risk · Size: total assets €19.3m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-12-2025, 131 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 confirmed
2024
131 d late
2023
5 d late
2022
2 d late
2021
18 d early
2020
31 d late
2019
122 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 46 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2024 · full…
  2. Back to profitnet €835,381
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Positive: Back in profit in 2024after -€934,188 in 2023 €835,381 View
  • Caution: Accounts not fileddeadline was 31-07-2026 66 d late View
  • Controlled by D.C. GROUPitself parent of 1 companies 99.99% View

By topic

Financials

Fiscal year
2024
Total assets
€19.3m
Profit
€835,381
Solvency
20.5%
Total assets▼ 19.1%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2016
  1. 09-12-2025Annual accounts filed
  2. 31-12-2024Back to profit
  3. 05-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
24-03-1982
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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