TC-C
ActiveTC-C has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €369k and a net result of €195k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 55% of 7757 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency73▲+12
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.73 against 1.44 in 2024; short-term debt: 49% and cash: 20.3% of total assets), but 52.2% 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 · 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 →
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
47.8%
Return on assets
25.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-04-2026, 113 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
113 d early
2024
120 d early
2023
79 d early
2022
32 d early
2021
41 d early
2020
39 d early
2019
39 d early
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€369k▲ 113%
2024 · €173k
2018: €367k
2019: €361k
2020: €343k
2021: €353k
2022: €399k
2023: €549k
2024: €173k
2018 → 2025
Total assets
€771k▲ 58.2%
2024 · €487k
2018: €404k
2019: €380k
2020: €372k
2021: €402k
2022: €594k
2023: €861k
2024: €487k
2018 → 2025
Net result
€195k▲ 29.7%
2024 · €151k
2018: €-22k
2019: €-6k
2020: €-18k
2021: €10k
2022: €45k
2023: €144k
2024: €151k
2018 → 2025
Working capital
€276k▲ 107%
2024 · €133k
2018: €367k
2019: €362k
2020: €345k
2021: €353k
2022: €374k
2023: €511k
2024: €133k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€353k-€399k▲ 12.9%€549k▲ 37.7%€173k▼ 68.5%€369k▲ 113%
Operating result€4k-€39k▲ 981%€311k▲ 694%€213k▼ 31.6%€265k▲ 24.9%
Net result€10k-€45k▲ 353%€144k▲ 218%€151k▲ 4.4%€195k▲ 29.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 25% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €771k
Fixed assets
€117k▲ 132%
Current assets
€653k▲ 49.6%
Equity and liabilities €771k
Equity
€369k▲ 113%
Debt
€402k▲ 28.1%
The debt ratio falls from 64.4% to 52.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€293k▲
2024 · €230k
Cash flow
€223k▲
2024 · €168k
Solvency
47.8%▲
2024 · 35.6%
Current ratio
1.73▲
2024 · 1.44
Quick ratio
1.35▲
2024 · 1.20
Debt / equity
1.09▼
2024 · 1.81
ROE
53.0%▼
2024 · 87.0%
ROA
25.3%▼
2024 · 30.9%
Interest coverage
34.90▲
2024 · 31.28
Debt
€402k▲
2024 · €314k
Debt ≤ 1 year
€378k▲
2024 · €303k
Debt > 1 year
€23k▲
2024 · €10k
Income taxes
€67k▲
2024 · €55k
Staff costs
€198k▼
2024 · €203k
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€487k€771k▲
Fixed assets21/28€50k€117k▲
Intangible fixed assets21€7k€9k▲
Tangible fixed assets22/27€43k€107k▲
Plant, machinery and equipment23-€2k
Furniture and vehicles24€42k€105k▲
Leasing and similar rights25€1k€0▼
Financial fixed assets28€400€600▲
Current assets29/58€437k€653k▲
Stocks and contracts in progress3€73k€144k▲
Stocks30/36€73k€144k▲
Amounts receivable within one year40/41€288k€344k▲
Trade receivables40€267k€271k▲
Other amounts receivable41€20k€73k▲
Cash at bank and in hand54/58€68k€157k▲
Deferred charges and accrued income490/1€8k€9k▲
Equity and liabilities
Total equity and liabilities10/49€487k€771k▲
Equity10/15€173k€369k▲
Contributions10/11€765€765=
Reserves13€172k€368k▲
Distributable reserves133€172k€368k▲
Amounts payable17/49€314k€402k▲
Amounts payable after more than one year17€10k€23k▲
Financial debts170/4€10k€23k▲
Amounts payable within one year42/48€303k€378k▲
Current portion of amounts payable after more than one year42€7k€16k▲
Financial debts43-€10k
Credit institutions430/8-€10k
Trade debts44€64k€201k▲
Suppliers440/4€64k€201k▲
Advances received on contracts in progress46€103k€0▼
Taxes, remuneration and social security45€128k€100k▼
Taxes450/3€107k€82k▼
Remuneration and social security454/9€21k€18k▼
Other amounts payable47/48€698€51k▲
Accrued charges and deferred income492/3€900€750▼
Income statement
Code20242025
Non-recurring operating income76A€36k€0▼
Remuneration, social security and pensions62€203k€198k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€28k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€88k
Other operating charges640/8€5k€2k▼
Non-recurring operating charges66A€84€4k▲
Gross operating margin9900€438k€586k▲
Operating profit (loss)9901€213k€265k▲
Financial income75/76B€355€5k▲
Recurring financial income75€355€5k▲
Financial charges65/66B€7k€8k▲
Recurring financial charges65€7k€8k▲
Profit (loss) for the period before taxes9903€206k€262k▲
Income taxes67/77€55k€67k▲
Profit (loss) for the period9904€151k€195k▲
Profit (loss) for the period to be appropriated9905€151k€195k▲
Appropriation of the result
Profit (loss) to be appropriated9906€151k€195k▲
Transfer to equity691/2€151k€195k▲
To other reserves6921€151k€195k▲
Social balance
Average headcount (FTE)9087-3.3
The notes to these accounts (21 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
09-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €195k ▲29.7%
Net result €195k, the highest in the series.
31-12
Financial
Equity above €200kEq €369k ▲113%
5 profitable years in a row build equity to €369k.
02-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €500kEq €549k ▲37.7%
3 profitable years in a row build equity to €549k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €10k
Net result €10k after 3 loss-making years.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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, Harelbeke · 2 establishment units since 2010
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.
Begonialaan 758531 HarelbekeGround area
2,318 m²
Building footprint
607 m²
Volume, LiDAR
3,104 m³
2 parcels, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
TRADING COMPANY CEUSTERS
since 20102.189.062.544
TC-C
since 20242.356.220.664
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34017B0716/00Z000 | Flanders | 1,321 m² | 1 · 220 m² | 7.9 m · 2 fl. |
| 24009A0516/00H003 | Flanders | 997 m² | 1 · 387 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 351 EUR awarded · 351 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 351 EUR | 351 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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INSTRUMELEC-IME
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 7,188 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-09-2009
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.