TC Project
Open bankruptcyA bankruptcy procedure is open for TC Project according to publications in the Belgian State Gazette; curator: Gerry VERSCHUREN. The 2023 annual accounts show equity of €14k and a net result of €15k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 01-10-2024, 62 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
not confirmed
2024
not filed
2023
62 d late
2022
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€14k
2022 · €-456
2022: €-456
2022 → 2023
Total assets
€62k▲ 287%
2022 · €16k
2022: €16k
2022 → 2023
Net result
€15k
2022 · €-556
2022: €-556
2022 → 2023
Working capital
€12k
2022 · €-3k
2022: €-3k
2022 → 2023
Multi-year overview
Available amounts per fiscal year
Line20222023Trend
Equity€-456-€14k
Operating result€-1k-€19k
Net result€-556-€15k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €19k after a loss of €1k in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €62k
Fixed assets
€3k▲ 32.1%
Current assets
€59k▲ 326%
Equity and liabilities €62k
Equity
€14k
Debt
€47k
Debt finances 76.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€20k▲
2022 · €-1k
Cash flow
€16k▲
2022 · €-312
Solvency
23.4%▲
2022 · -2.9%
Current ratio
1.25▲
2022 · 0.84
Quick ratio
1.25▲
2022 · 0.84
Debt / equity
3.27
ROE
103.2%
ROA
24.1%▲
2022 · -3.5%
Interest coverage
78.46▲
2022 · -46.90
Debt
€47k▲
2022 · €16k
Debt ≤ 1 year
€47k▲
2022 · €16k
Income taxes
€4k▲
2022 · €235
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€16k€62k▲
Fixed assets21/28€2k€3k▲
Tangible fixed assets22/27€2k€3k▲
Plant, machinery and equipment23€2k€3k▲
Current assets29/58€14k€59k▲
Amounts receivable within one year40/41€11k€47k▲
Trade receivables40-€32k
Other amounts receivable41€11k€15k▲
Cash at bank and in hand54/58€2k€12k▲
Deferred charges and accrued income490/1€1k€359▼
Equity and liabilities
Total equity and liabilities10/49€16k€62k▲
Equity10/15€-456€14k▲
Contributions10/11€100€100=
Profit (loss) carried forward14€-556€14k▲
Amounts payable17/49€16k€47k▲
Amounts payable within one year42/48€16k€47k▲
Trade debts44€12k€42k▲
Suppliers440/4€12k€42k▲
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€4k€4k▼
Remuneration and social security454/9-€2k
Accrued charges and deferred income492/3€47€50▲
Income statement
Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€244€964▲
Other operating charges640/8€103€169▲
Gross operating margin9900€-974€20k▲
Operating profit (loss)9901€-1k€19k▲
Financial income75/76B€1k€687▼
Recurring financial income75€1k€687▼
Financial charges65/66B€23€250▲
Recurring financial charges65€23€250▲
Profit (loss) for the period before taxes9903€-320€19k▲
Income taxes67/77€235€4k▲
Profit (loss) for the period9904€-556€15k▲
Profit (loss) for the period to be appropriated9905€-556€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-556€14k▲
Profit (loss) brought forward from the previous period14P-€-556
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · TC PROJECT BV NINOOFSE- STEENWEG 360/107, 1700 DILBEEK · event 09-12-2025
2024
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 62 days late
2023
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
SignalFinancial 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
1 establishment unit since 2021
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.
Ground area
1,950 m²
Building footprint
1,052 m²
Volume, LiDAR
6,261 m³
Parcel 23352F0009/00R003, Flanders · tallest building 21.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TC Project
since 20212.312.690.529
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23352F0009/00R003 | Flanders | 1,950 m² | 1 · 1,052 m² | 21.8 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Gerry VERSCHUREN BLEEKSTRAAT 11/003,
2800 MECHELEN |
09-12-2025 → present |
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Of 21,219 companies in sector 81300 we hold annual accounts for 4,363. 2,838 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-01-2021
Fiscal year end31-12
Activities, NACEBEL
81300Landscape service activities
16110Sawmilling and planing of wood
31009Manufacture of furniture
31092Manufacture of furniture
Sources
Crossroads Bank for EnterprisesNational Bank · 2 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.