TCV SERVICES
ActiveSummary
TCV SERVICES has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €245k and a net result of €26k. Equity is growing by ~38.7% per year across the filed fiscal years. Its solvency ranks better than 89% of 4352 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability31▼-69
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 8.48 against 7.73 in 2023; short-term debt: 11.7% and cash: 7.7% of total assets), and 11.7% of the assets are financed with debt.
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Signals
Three 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 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
30 d late
2022
28 d late
2021
12 d late
2020
27 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, micro schema
Equity
€245k▼ 6.3%
2023 · €261k
Total assets
€277k▼ 7.7%
2023 · €300k
Net result
€26k▼ 72.4%
2023 · €95k
Working capital
€242k▼ 4.0%
2023 · €252k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€37k-€4k▼ 88.7%€31k▲ 647%€36k▲ 14.8%€-27k
Net result€26k-€38k▲ 45.7%€100k▲ 162%€95k▼ 4.3%€26k▼ 72.4%
Equity€28k-€66k▲ 135%€166k▲ 151%€261k▲ 57.5%€245k▼ 6.3%
Total assets€90k-€121k▲ 34.6%€216k▲ 79.1%€300k▲ 38.8%€277k▼ 7.7%
Debt€62k-€55k▼ 11.4%€50k▼ 7.7%€39k▼ 22.7%€32k▼ 17.0%
Working capital€25k-€59k▲ 138%€158k▲ 166%€252k▲ 59.9%€242k▼ 4.0%
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 2024: a loss of €27k after €36k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €277k
Fixed assets
€3k ▼ 73.2%
Current assets
€274k ▼ 5.2%
Equity and liabilities €277k
Equity
€245k ▼ 6.3%
Debt
€32k ▼ 17.0%
Debt's share of the balance-sheet total falls from 13.0% to 11.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-19k▼
2023 · €44k
Cash flow
€34k▼
2023 · €103k
Current ratio
8.48▲
2023 · 7.73
Debt to equity
0.13▼
2023 · 0.15
ROE
10.7%▼
2023 · 36.5%
ROA
9.5%▼
2023 · 31.8%
Interest coverage
-25.66▼
2023 · 164.26
Debt ≤ 1 year
€32k▼
2023 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €8k | €8k | €8k | €8k | = |
| Other operating charges640/8 | - | €441 | €1k | €515 | €2k | ▲ 226% |
| Gross operating margin9900 | €44k | €13k | €40k | €44k | €-17k | ▼ 138% |
| Operating profit (loss)9901 | €37k | €4k | €31k | €36k | €-27k | ▼ 175% |
| Financial income75/76B | - | €36k | €88k | €78k | €54k | ▼ 30.8% |
| Recurring financial income75 | - | €36k | €88k | €78k | €54k | ▼ 30.8% |
| Financial charges65/66B | - | €431 | €2k | €265 | €725 | ▲ 173% |
| Recurring financial charges65 | €487 | €431 | €2k | €265 | €725 | ▲ 173% |
| Profit (loss) for the period before taxes9903 | €36k | €39k | €116k | €113k | €26k | ▼ 76.7% |
| Income taxes67/77 | €10k | €1k | €17k | €17k | - | - |
| Profit (loss) for the period9904 | €26k | €38k | €100k | €95k | €26k | ▼ 72.4% |
| Profit (loss) for the period to be appropriated9905 | €26k | €38k | €100k | €95k | €26k | ▼ 72.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €90k | €121k | €216k | €300k | €277k | ▼ 7.7% |
| Fixed assets21/28 | €32k | €27k | €19k | €11k | €3k | ▼ 73.2% |
| Tangible fixed assets22/27 | €30k | €25k | €17k | €9k | €954 | ▼ 89.4% |
| Plant, machinery and equipment23 | - | €1k | €846 | €470 | €94 | ▼ 80.0% |
| Furniture and vehicles24 | - | €24k | €16k | €9k | €860 | ▼ 89.9% |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €57k | €94k | €197k | €289k | €274k | ▼ 5.2% |
| Amounts receivable within one year40/41 | €10k | €31k | €47k | €48k | €199k | ▲ 314% |
| Trade receivables40 | - | €31k | €47k | €40k | - | - |
| Other amounts receivable41 | - | - | €79 | €8k | €199k | ▲ 2,499% |
| Current investments50/53 | - | - | €29k | €54k | €54k | = |
| Cash at bank and in hand54/58 | €48k | €63k | €121k | €187k | €21k | ▼ 88.5% |
| Deferred charges and accrued income490/1 | - | - | - | €102 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €90k | €121k | €216k | €300k | €277k | ▼ 7.7% |
| Equity10/15 | €28k | €66k | €166k | €261k | €245k | ▼ 6.3% |
| Contributions10/11 | - | €2k | €2k | €2k | €2k | = |
| Reserves13 | €26k | €64k | €164k | €259k | €243k | ▼ 6.4% |
| Distributable reserves133 | - | €64k | €164k | €259k | €243k | ▼ 6.4% |
| Amounts payable17/49 | €62k | €55k | €50k | €39k | €32k | ▼ 17.0% |
| Amounts payable after more than one year17 | €29k | €20k | €11k | €2k | - | - |
| Financial debts170/4 | - | €20k | €11k | €2k | - | - |
| Amounts payable within one year42/48 | €33k | €34k | €40k | €37k | €32k | ▼ 13.6% |
| Current portion of amounts payable after more than one year42 | - | €9k | €9k | €9k | €2k | ▼ 83.2% |
| Trade debts44 | €424 | €847 | €1k | €706 | €925 | ▲ 31.0% |
| Suppliers440/4 | - | €847 | €1k | €706 | €925 | ▲ 31.0% |
| Taxes, remuneration and social security45 | - | €19k | €28k | €26k | €593 | ▼ 97.7% |
| Taxes450/3 | - | €17k | €27k | €22k | - | - |
| Remuneration and social security454/9 | - | €3k | €593 | €3k | €593 | ▼ 82.4% |
| Other amounts payable47/48 | - | €5k | €2k | €2k | €29k | ▲ 1,350% |
| Accrued charges and deferred income492/3 | - | €377 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26k | €38k | €100k | €95k | €26k | ▼ 72.4% |
| + Depreciation and write-downs630 | €7k | €8k | €8k | €8k | €8k | = |
| Operating cash flow (approximation) | €33k | €46k | €108k | €103k | €34k | ▼ 66.8% |
| Investment in fixed assets (approximation) | - | €-3k | €0 | €0 | €0 | - |
| Change in cash | - | €15k | €58k | €66k | €-166k | ▼ 350% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Equity above €200kEq €261k ▲57.5%
4 profitable years in a row build equity to €261k.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Highest result since 2020net €100k ▲162%
Net result €100k, the highest in the series.
31-12
Financial
Equity above €150kEq €166k ▲151%
3 profitable years in a row build equity to €166k.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Lier · 1 establishment unit since 2019
Ground area
986 m²
Building footprint
116 m²
Volume, LiDAR
775 m³
Parcel 12393F0117/00B004, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
TCV SERVICES
since 20192.295.273.683
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12393F0117/00B004 | Flanders | 986 m² | 1 · 116 m² | 10.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
875500P6YYPUZAJIXE50
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Of 4,563 companies in sector 74999 we hold annual accounts for 1,935. 1,424 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
70200Business and other management consultancy
82100Office administrative and support services
82990Other business support services
Contact
E-mail
tim-cornelis@telenet.be
Scores and ratios are computed by Checked and are not a credit decision.