TCKO PROJECT
ActiveTCKO PROJECT has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €47k and a net result of €-13k. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 44% of 501 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
23
/ 100
Critical▼ -29 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency52▼-45
Growth52=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.58 against 2.22 in 2023), and 60.3% 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 · 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 2024Solvency, return and age of the figures
Solvency
39.7%
Return on assets
-11.2%
Age of the figures
20 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Sector 23
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€13k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
61 d late
2022
31 d late
2021
30 d late
2020
277 d late
2019
642 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€47k▼ 21.9%
2023 · €60k
2018: €38k
2019: €54k
2020: €55k
2021: €58k
2022: €90k
2023: €60k
2018 → 2024
Total assets
€118k▲ 6.2%
2023 · €111k
2018: €60k
2019: €70k
2020: €85k
2021: €91k
2022: €129k
2023: €111k
2018 → 2024
Net result
€-13k▲ 55.8%
2023 · €-30k
2018: €13k
2019: €16k
2020: €906
2021: €4k
2022: €32k
2023: €-30k
2018 → 2024
Working capital
€-17k
2023 · €48k
2018: €25k
2019: €49k
2020: €62k
2021: €51k
2022: €88k
2023: €48k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€55k-€58k▲ 7.1%€90k▲ 54.0%€60k▼ 33.2%€47k▼ 21.9%
Operating result€906-€4k▲ 326%€34k▲ 776%€-30k€-13k▲ 55.3%
Net result€906-€4k▲ 326%€32k▲ 718%€-30k€-13k▲ 55.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2024 against €30k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €118k
Fixed assets
€95k▲ 285%
Current assets
€24k▼ 72.8%
Equity and liabilities €118k
Equity
€47k▼ 21.9%
Debt
€71k▲ 39.2%
The debt ratio rises from 46.0% to 60.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-1k▲
2023 · €-21k
Cash flow
€-1k▲
2023 · €-22k
Solvency
39.7%▼
2023 · 54.0%
Current ratio
0.58▼
2023 · 2.22
Quick ratio
0.58▼
2023 · 2.22
Debt / equity
1.52▲
2023 · 0.85
ROE
-28.1%▲
2023 · -49.6%
ROA
-11.2%▲
2023 · -26.8%
Interest coverage
-111.59▼
2023 · -62.18
Debt
€71k▲
2023 · €51k
Debt ≤ 1 year
€41k▲
2023 · €39k
Debt > 1 year
€26k▲
2023 · €8k
Staff costs
€13k▲
2023 · €8k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€111k€118k▲
Fixed assets21/28€25k€95k▲
Tangible fixed assets22/27€25k€95k▲
Furniture and vehicles24€25k€95k▲
Current assets29/58€87k€24k▼
Amounts receivable within one year40/41€4k€8k▲
Trade receivables40€3k€5k▲
Other amounts receivable41€1k€3k▲
Cash at bank and in hand54/58€83k€16k▼
Equity and liabilities
Total equity and liabilities10/49€111k€118k▲
Equity10/15€60k€47k▼
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€46k€33k▼
Amounts payable17/49€51k€71k▲
Amounts payable after more than one year17€8k€26k▲
Financial debts170/4€8k€26k▲
Amounts payable within one year42/48€39k€41k▲
Current portion of amounts payable after more than one year42€6k€7k▲
Trade debts44€663€2k▲
Suppliers440/4€663€2k▲
Other amounts payable47/48€32k€32k=
Accrued charges and deferred income492/3€4k€5k▲
Income statement
Code20232024
Remuneration, social security and pensions62€8k€13k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€12k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€-12k€16k▲
Operating profit (loss)9901€-30k€-13k▲
Financial charges65/66B€343€10▼
Recurring financial charges65€343€10▼
Profit (loss) for the period before taxes9903€-30k€-13k▲
Profit (loss) for the period9904€-30k€-13k▲
Profit (loss) for the period to be appropriated9905€-30k€-13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€46k€33k▼
Profit (loss) brought forward from the previous period14P€76k€46k▼
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
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €-30k ▼195%
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €32k ▲718%
Operating result €34k, net result €32k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
04-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 277 days late
04-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 642 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 5.69
Current ratio from 2.53 to 5.69; short-term debt falls from €16k to €10k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
29-03
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 241 days late
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Genk · 1 establishment unit since 2012
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.
Boslaan 53600 GenkGround area
422 m²
Building footprint
210 m²
Volume, LiDAR
1,061 m³
Parcel 71308A0818/00W203, Flanders · tallest building 9.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
TCKO tegels en vloeren
since 20122.213.567.021
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71308A0818/00W203 | Flanders | 422 m² | 1 · 209 m² | 9.3 m · 1 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.
Similar companies · same sector, comparable size
Bertrand De Vos
BE 0755.494.495
Waregem · Eq €47k
KUNSTATELIER GERARD THIENPONT
BE 0438.655.873
Nazareth-De Pinte · Eq €46k
Lahaye Marbrerie
BE 0759.963.623
Durbuy · Eq €49k
FRANCIS SODINI
BE 0423.533.078
Charleroi · Eq €45k
SWS
BE 0836.904.221
Deerlijk · Eq €45k
Of 736 companies in sector 23700 we hold annual accounts for 489. 334 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-09-2012
Fiscal year end31-12
Activities, NACEBEL
23700Cutting, shaping and finishing of stone
43230Insulation installation
43291Specialised construction activities
43331Floor and wall tiling
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.