TB ENERGY
ActiveTB ENERGY has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32k and a net result of €-6k. Its solvency ranks better than 58% of 7740 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▼-44
Solvency85▲+12
Growth32
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.62 against 1.27 in 2024; short-term debt: 39.9% and cash: 0.6% of total assets), and 39.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
60.1%
Return on assets
-10.6%
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 18-08-2026, 18 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 · 2 filingsDeviation from the deadline
2025
18 d late
2024
89 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€32k▼ 15.0%
2024 · €38k
2024: €38k
2024 → 2025
Total assets
€53k▼ 31.9%
2024 · €78k
2024: €78k
2024 → 2025
Net result
€-6k
2024 · €35k
2024: €35k
2024 → 2025
Working capital
€13k▲ 20.1%
2024 · €11k
2024: €11k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€38k-€32k▼ 15.0%
Operating result€44k-€-6k
Net result€35k-€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6k after €44k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €53k
Fixed assets
€19k▼ 29.7%
Current assets
€35k▼ 33.1%
Equity and liabilities €53k
Equity
€32k▼ 15.0%
Debt
€21k▼ 47.6%
The debt ratio falls from 51.9% to 39.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▼
2024 · €52k
Cash flow
€3k▼
2024 · €43k
Solvency
60.1%▲
2024 · 48.1%
Current ratio
1.62▲
2024 · 1.27
Quick ratio
1.62▲
2024 · 1.27
Debt / equity
0.66▼
2024 · 1.08
ROE
-17.6%▼
2024 · 92.0%
ROA
-10.6%▼
2024 · 44.3%
Interest coverage
53.54▼
2024 · 124.73
Debt
€21k▼
2024 · €41k
Debt ≤ 1 year
€21k▼
2024 · €41k
Staff costs
€194▼
2024 · €320
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€78k€53k▼
Fixed assets21/28€27k€19k▼
Tangible fixed assets22/27€27k€19k▼
Plant, machinery and equipment23€1k€734▼
Furniture and vehicles24€26k€18k▼
Current assets29/58€52k€35k▼
Amounts receivable within one year40/41€46k€34k▼
Trade receivables40€39k€21k▼
Other amounts receivable41€7k€13k▲
Cash at bank and in hand54/58€6k€315▼
Equity and liabilities
Total equity and liabilities10/49€78k€53k▼
Equity10/15€38k€32k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€35k€29k▼
Amounts payable17/49€41k€21k▼
Amounts payable within one year42/48€41k€21k▼
Trade debts44€32k€13k▼
Suppliers440/4€32k€13k▼
Taxes, remuneration and social security45€9k€9k=
Taxes450/3€9k€9k=
Accrued charges and deferred income492/3€79-
Income statement
Code20242025
Remuneration, social security and pensions62€320€194▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€9k▲
Other operating charges640/8€1k€642▼
Gross operating margin9900€54k€4k▼
Operating profit (loss)9901€44k€-6k▼
Financial income75/76B€1€376▲
Recurring financial income75€1€376▲
Financial charges65/66B€419€57▼
Recurring financial charges65€419€57▼
Profit (loss) for the period before taxes9903€43k€-6k▼
Income taxes67/77€9k-
Profit (loss) for the period9904€35k€-6k▼
Profit (loss) for the period to be appropriated9905€35k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€29k▼
Profit (loss) brought forward from the previous period14P-€35k
The notes to these accounts (5 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
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 89 days late
NBB filing
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, Namur
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 Henri Lecocq 965000 NamurGround area
151 m²
Building footprint
165 m²
Volume, LiDAR
1,977 m³
Parcel 92302G0534/00C003, Wallonia · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92302G0534/00C003 | Wallonia | 151 m² | 1 · 165 m² | 13.2 m · 4 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 24,503 companies in sector 82990 we hold annual accounts for 9,402. 6,437 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-06-2023
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
43230Insulation installation
43291Specialised construction activities
43350Other building finishing work
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.