TB MANAGEMENT
ActiveTB MANAGEMENT has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €13k. Equity is growing by ~28.6% per year across the filed fiscal years. Its solvency ranks better than 50% of 7027 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92=
Solvency79▲+8
Growth52=
Track record94
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.15 in 2024; short-term debt: 46% and cash: 52% of total assets), and 46% 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 · 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 · 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
54%
Return on assets
18.3%
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 03-08-2026, 3 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 · 3 filingsDeviation from the deadline
2025
3 d late
2024
1 d early
2023
1 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
€40k▲ 27.1%
2024 · €31k
2023: €22k
2024: €31k
2023 → 2025
Total assets
€74k▲ 8.1%
2024 · €68k
2023: €68k
2024: €68k
2023 → 2025
Net result
€13k▲ 4.5%
2024 · €13k
2023: €19k
2024: €13k
2023 → 2025
Working capital
€4k▲ 17.2%
2024 · €4k
2023: €-7k
2024: €4k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€22k-€31k▲ 42.9%€40k▲ 27.1%
Operating result€30k-€20k▼ 32.3%€20k▲ 2.6%
Net result€19k-€13k▼ 33.6%€13k▲ 4.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 3% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74k
Fixed assets
€35k▼ 11.9%
Current assets
€38k▲ 36.8%
Equity and liabilities €74k
Equity
€40k▲ 27.1%
Debt
€34k▼ 8.0%
The debt ratio falls from 54.1% to 46.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€34k▲
2024 · €33k
Cash flow
€27k▲
2024 · €26k
Solvency
54.0%▲
2024 · 45.9%
Current ratio
1.13▼
2024 · 1.15
Quick ratio
1.13▼
2024 · 1.15
Debt / equity
0.85▼
2024 · 1.18
ROE
33.9%▼
2024 · 41.2%
ROA
18.3%▼
2024 · 18.9%
Interest coverage
33.85▲
2024 · 20.92
Debt
€34k▼
2024 · €37k
Debt ≤ 1 year
€34k▲
2024 · €24k
Income taxes
€6k▲
2024 · €5k
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€68k€74k▲
Fixed assets21/28€40k€35k▼
Tangible fixed assets22/27€40k€35k▼
Land and buildings22-€5k
Plant, machinery and equipment23€725€4k▲
Furniture and vehicles24€39k€27k▼
Current assets29/58€28k€38k▲
Amounts receivable within one year40/41€345-
Trade receivables40€345-
Cash at bank and in hand54/58€28k€38k▲
Equity and liabilities
Total equity and liabilities10/49€68k€74k▲
Equity10/15€31k€40k▲
Contributions10/11€3k€3k=
Reserves13€29k€37k▲
Distributable reserves133€29k€37k▲
Profit (loss) carried forward14€37€128▲
Amounts payable17/49€37k€34k▼
Amounts payable after more than one year17€13k-
Financial debts170/4€13k-
Amounts payable within one year42/48€24k€34k▲
Current portion of amounts payable after more than one year42€12k€13k▲
Trade debts44€352€5k▲
Suppliers440/4€352€5k▲
Taxes, remuneration and social security45€11k€15k▲
Taxes450/3€11k€15k▲
Other amounts payable47/48€1k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▲
Other operating charges640/8€387€400▲
Non-recurring operating charges66A€0-
Gross operating margin9900€33k€34k▲
Operating profit (loss)9901€20k€20k▲
Financial charges65/66B€2k€994▼
Recurring financial charges65€2k€994▼
Profit (loss) for the period before taxes9903€18k€19k▲
Income taxes67/77€5k€6k▲
Profit (loss) for the period9904€13k€13k▲
Profit (loss) for the period to be appropriated9905€13k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€14k▲
Profit (loss) brought forward from the previous period14P€32€37▲
Transfer to equity691/2€9k€8k▼
To other reserves6921€9k€8k▼
Profit to be distributed694/7€4k€5k▲
Return on contributions (dividend)694€4k€5k▲
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
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €13k ▼33.6%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Fléron · 1 establishment unit since 2022
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 Colonel Piron 2834624 FléronGround area
1,497 m²
Building footprint
133 m²
Volume, LiDAR
843 m³
Parcel 62068A0070/00R000, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TB MANAGEMENT
since 20222.338.951.991
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62068A0070/00R000 | Wallonia | 1,497 m² | 1 · 133 m² | 8.0 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.
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Of 13,422 companies in sector 73300 we hold annual accounts for 6,901. 5,381 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-11-2022
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.