TD CLEANING
ActiveSummary
TD CLEANING has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.63M and a net result of €2.83M. Equity is growing by ~28.6% per year across the filed fiscal years. Its solvency ranks better than 80% of 1208 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+13
Solvency96▲+22
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €310k at 30 days acceptable
Liquidity ample (current ratio 4.69 against 3.05 in 2024; short-term debt: 16% and cash: 24% of total assets), and 29.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← 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
70.7%
Return on assets
55%
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
15 d early
2023
on the day
2022
on the day
2021
4 d early
2020
3 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, abbreviated schema
Equity
€3.63M▲ 164%
2024 · €1.38M
2019: €328klowest in 7 years
2020: €390k▲ +18.8% vs 2019
2021: €601k▲ +54.1% vs 2020
2022: €864k▲ +43.7% vs 2021
2023: €1.04M▲ +20.3% vs 2022
2024: €1.38M▲ +32.5% vs 2023
2025: €3.63M▲ +164% vs 2024highest in 7 years
2019 → 2025
Total assets
€5.14M▲ 83.1%
2024 · €2.81M
2019: €743klowest in 7 years
2020: €1.43M▲ +92.3% vs 2019
2021: €1.95M▲ +36.3% vs 2020
2022: €2.43M▲ +25.1% vs 2021
2023: €2.54M▲ +4.4% vs 2022
2024: €2.81M▲ +10.5% vs 2023
2025: €5.14M▲ +83.1% vs 2024highest in 7 years
2019 → 2025
Net result
€2.83M▲ 603%
2024 · €403k
2019: €117k
2020: €105k▼ -10.2% vs 2019lowest in 7 years
2021: €228k▲ +116% vs 2020
2022: €319k▲ +39.9% vs 2021
2023: €237k▼ -25.9% vs 2022
2024: €403k▲ +70.2% vs 2023
2025: €2.83M▲ +603% vs 2024highest in 7 years
2019 → 2025
Working capital
€3.03M▲ 242%
2024 · €887k
2019: €186k
2020: €177k▼ -4.8% vs 2019lowest in 7 years
2021: €256k▲ +44.3% vs 2020
2022: €376k▲ +47.1% vs 2021
2023: €471k▲ +25.2% vs 2022
2024: €887k▲ +88.3% vs 2023
2025: €3.03M▲ +242% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€601k-€864k▲ 43.7%€1.04M▲ 20.3%€1.38M▲ 32.5%€3.63M▲ 164%
2021: €601klowest in 5 years
2022: €864k▲ +43.7% vs 2021
2023: €1.04M▲ +20.3% vs 2022
2024: €1.38M▲ +32.5% vs 2023
2025: €3.63M▲ +164% vs 2024highest in 5 years
Operating result€336k-€467k▲ 38.8%€347k▼ 25.7%€607k▲ 74.9%€4.02M▲ 562%
2021: €336klowest in 5 years
2022: €467k▲ +38.8% vs 2021
2023: €347k▼ -25.7% vs 2022
2024: €607k▲ +74.9% vs 2023
2025: €4.02M▲ +562% vs 2024highest in 5 years
Net result€228k-€319k▲ 39.9%€237k▼ 25.9%€403k▲ 70.2%€2.83M▲ 603%
2021: €228klowest in 5 years
2022: €319k▲ +39.9% vs 2021
2023: €237k▼ -25.9% vs 2022
2024: €403k▲ +70.2% vs 2023
2025: €2.83M▲ +603% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 562% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.14M
Fixed assets
€1.29M ▼ 13.3%
Current assets
€3.85M ▲ 192%
Equity and liabilities €5.14M
Equity
€3.63M ▲ 164%
Debt
€1.51M ▲ 5.4%
Debt's share of the balance-sheet total falls from 50.9% to 29.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4.17M▲
2024 · €770k
Cash flow
€2.99M▲
2024 · €566k
Current ratio
4.69▲
2024 · 3.05
Debt to equity
0.41▼
2024 · 1.04
ROE
77.8%▲
2024 · 29.2%
ROA
55.0%▲
2024 · 14.3%
Interest coverage
240.52▲
2024 · 52.01
Debt ≤ 1 year
€820k▲
2024 · €433k
Debt > 1 year
€686k▼
2024 · €837k
Income taxes
€1.22M▲
2024 · €191k
Staff costs
€523k▼
2024 · €1.23M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 67 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.81M€5.14M▲
Fixed assets21/28€1.49M€1.29M▼
Intangible fixed assets21€85k€0▼
Tangible fixed assets22/27€1.40M€1.29M▼
Land and buildings22€1.19M€1.12M▼
Plant, machinery and equipment23€47k€140k▲
Furniture and vehicles24€141k€22k▼
Leasing and similar rights25€25k€7k▼
Other tangible fixed assets26€3k€874▼
Financial fixed assets28€160€0▼
Current assets29/58€1.32M€3.85M▲
Amounts receivable after more than one year29-€2.25M
Other amounts receivable291-€2.25M
Amounts receivable within one year40/41€505k€355k▼
Trade receivables40€504k€28k▼
Other amounts receivable41€267€328k▲
Cash at bank and in hand54/58€790k€1.24M▲
Deferred charges and accrued income490/1€25k€15k▼
Equity and liabilities
Total equity and liabilities10/49€2.81M€5.14M▲
Equity10/15€1.38M€3.63M▲
Contributions10/11€6k€6k=
Reserves13€1.37M€3.63M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€221k€84k▼
Distributable reserves133€1.15M€3.54M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.43M€1.51M▲
Amounts payable after more than one year17€837k€686k▼
Financial debts170/4€837k€686k▼
Amounts payable within one year42/48€433k€820k▲
Current portion of amounts payable after more than one year42€123k€89k▼
Trade debts44€131k€5k▼
Suppliers440/4€131k€5k▼
Advances received on contracts in progress46€30€0▼
Taxes, remuneration and social security45€177k€160k▼
Taxes450/3€96k€160k▲
Remuneration and social security454/9€82k€0▼
Other amounts payable47/48€944€567k▲
Accrued charges and deferred income492/3€160k€635▼
Income statement
Code20242025
Non-recurring operating income76A€248€4.10M▲
Remuneration, social security and pensions62€1.23M€523k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€164k€156k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€12k▲
Other operating charges640/8€22k€32k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€2.02M€4.74M▲
Operating profit (loss)9901€607k€4.02M▲
Financial income75/76B€2k€48k▲
Recurring financial income75€2k€48k▲
Non-recurring financial income76B€0-
Financial charges65/66B€15k€17k▲
Recurring financial charges65€15k€17k▲
Profit (loss) for the period before taxes9903€594k€4.05M▲
Income taxes67/77€191k€1.22M▲
Profit (loss) for the period9904€403k€2.83M▲
Transfer from tax-exempt reserves789€112k€137k▲
Transfer to tax-exempt reserves689€84k€0▼
Profit (loss) for the period to be appropriated9905€431k€2.97M▲
Appropriation of the result
Profit (loss) to be appropriated9906€431k€2.97M▲
Transfer from equity791/2€64k€273k▲
Transfer to equity691/2€431k€2.67M▲
To other reserves6921€431k€2.67M▲
Profit to be distributed694/7€64k€573k▲
Return on contributions (dividend)694€64k€273k▲
Directors or managers695-€300k
Social balance
Average headcount (FTE)908721.28.7▼
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €3k | €248 | €4.10M | ▲ 1,653,132% |
| Remuneration, social security and pensions62 | - | €874k | €1.03M | €1.23M | €523k | ▼ 57.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €97k | €139k | €152k | €164k | €156k | ▼ 4.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €14k | €6k | €3k | €12k | ▲ 307% |
| Other operating charges640/8 | - | €18k | €18k | €22k | €32k | ▲ 43.5% |
| Non-recurring operating charges66A | - | €0 | €7k | €0 | - | - |
| Gross operating margin9900 | €1.05M | €1.51M | €1.56M | €2.02M | €4.74M | ▲ 134% |
| Operating profit (loss)9901 | €336k | €467k | €347k | €607k | €4.02M | ▲ 562% |
| Financial income75/76B | - | €983 | €3k | €2k | €48k | ▲ 2,331% |
| Recurring financial income75 | €197 | €983 | €3k | €2k | €48k | ▲ 2,331% |
| Non-recurring financial income76B | - | - | €35 | €0 | - | - |
| Financial charges65/66B | - | €15k | €16k | €15k | €17k | ▲ 17.2% |
| Recurring financial charges65 | €13k | €15k | €16k | €15k | €17k | ▲ 17.2% |
| Profit (loss) for the period before taxes9903 | €324k | €453k | €334k | €594k | €4.05M | ▲ 581% |
| Income taxes67/77 | €96k | €134k | €97k | €191k | €1.22M | ▲ 537% |
| Profit (loss) for the period9904 | €228k | €319k | €237k | €403k | €2.83M | ▲ 603% |
| Transfer from tax-exempt reserves789 | - | - | €47k | €112k | €137k | ▲ 22.1% |
| Transfer to tax-exempt reserves689 | - | €63k | €112k | €84k | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €154k | €256k | €171k | €431k | €2.97M | ▲ 589% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.95M | €2.43M | €2.54M | €2.81M | €5.14M | ▲ 83.1% |
| Fixed assets21/28 | €1.30M | €1.57M | €1.57M | €1.49M | €1.29M | ▼ 13.3% |
| Intangible fixed assets21 | €132k | €152k | €128k | €85k | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €1.16M | €1.42M | €1.44M | €1.40M | €1.29M | ▼ 8.0% |
| Land and buildings22 | - | €1.21M | €1.19M | €1.19M | €1.12M | ▼ 5.5% |
| Plant, machinery and equipment23 | - | €33k | €57k | €47k | €140k | ▲ 199% |
| Furniture and vehicles24 | - | €83k | €142k | €141k | €22k | ▼ 84.7% |
| Leasing and similar rights25 | - | €82k | €43k | €25k | €7k | ▼ 71.4% |
| Other tangible fixed assets26 | - | €8k | €6k | €3k | €874 | ▼ 75.0% |
| Financial fixed assets28 | €236 | €236 | €236 | €160 | €0 | ▼ 100% |
| Current assets29/58 | €650k | €862k | €972k | €1.32M | €3.85M | ▲ 192% |
| Amounts receivable after more than one year29 | - | - | - | - | €2.25M | - |
| Other amounts receivable291 | - | - | - | - | €2.25M | - |
| Amounts receivable within one year40/41 | €369k | €395k | €391k | €505k | €355k | ▼ 29.6% |
| Trade receivables40 | - | €395k | €318k | €504k | €28k | ▼ 94.5% |
| Other amounts receivable41 | - | €647 | €73k | €267 | €328k | ▲ 122,650% |
| Cash at bank and in hand54/58 | €272k | €458k | €564k | €790k | €1.24M | ▲ 56.4% |
| Deferred charges and accrued income490/1 | - | €8k | €17k | €25k | €15k | ▼ 41.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.95M | €2.43M | €2.54M | €2.81M | €5.14M | ▲ 83.1% |
| Equity10/15 | €601k | €864k | €1.04M | €1.38M | €3.63M | ▲ 164% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €595k | €858k | €1.03M | €1.37M | €3.63M | ▲ 164% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Tax-exempt reserves132 | - | €183k | €249k | €221k | €84k | ▼ 61.9% |
| Distributable reserves133 | - | €673k | €783k | €1.15M | €3.54M | ▲ 208% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €1.35M | €1.57M | €1.50M | €1.43M | €1.51M | ▲ 5.4% |
| Amounts payable after more than one year17 | €951k | €1.08M | €961k | €837k | €686k | ▼ 18.1% |
| Financial debts170/4 | - | €1.08M | €961k | €837k | €686k | ▼ 18.1% |
| Amounts payable within one year42/48 | €394k | €486k | €501k | €433k | €820k | ▲ 89.5% |
| Current portion of amounts payable after more than one year42 | - | €181k | €140k | €123k | €89k | ▼ 27.8% |
| Trade debts44 | €154k | €178k | €248k | €131k | €5k | ▼ 96.3% |
| Suppliers440/4 | - | €178k | €248k | €131k | €5k | ▼ 96.3% |
| Advances received on contracts in progress46 | - | €30 | €30 | €30 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €125k | €113k | €177k | €160k | ▼ 10.0% |
| Taxes450/3 | - | €60k | €37k | €96k | €160k | ▲ 66.7% |
| Remuneration and social security454/9 | - | €65k | €76k | €82k | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €2k | €0 | €944 | €567k | ▲ 59,964% |
| Accrued charges and deferred income492/3 | - | €0 | €41k | €160k | €635 | ▼ 99.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €228k | €319k | €237k | €403k | €2.83M | ▲ 603% |
| + Depreciation and write-downs630 | €97k | €139k | €152k | €164k | €156k | ▼ 4.4% |
| Operating cash flow (approximation) | €325k | €458k | €388k | €566k | €2.99M | ▲ 427% |
| Investment in fixed assets (approximation) | - | €-415k | €-149k | €-82k | €41k | ▲ 150% |
| Change in cash | - | €186k | €106k | €226k | €446k | ▲ 97.5% |
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
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Highest result since 2019net €2.83M ▲603%
Operating result €4.02M, net result €2.83M, both a record.
31-12
Financial
Equity above €2MEq €3.63M ▲164%
7 profitable years in a row build equity to €3.63M.
16-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Equity above €1MEq €1.04M ▲20.3%
5 profitable years in a row build equity to €1.04M.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Equity above €500kEq €601k ▲54.1%
3 profitable years in a row build equity to €601k.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €105k ▼10.2%
Net result drops to €105k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
25-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Buggenhout · 1 establishment unit since 2012
Ground area
1,963 m²
Building footprint
343 m²
Volume, LiDAR
1,862 m³
2 parcels, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
TD CLEANING
since 20122.212.776.470
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42004E0303/00L000 | Flanders | 1,331 m² | 1 · 106 m² | 10.0 m · 2 fl. |
| 42004E0295/00E000 | Flanders | 632 m² | 1 · 236 m² | 6.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
2022 to 2025 · 9 entries · 30,854 EUR awarded · 29,692 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 27 EUR | 1,827 EUR |
| 2024 | 2 | 6,640 EUR | 3,899 EUR |
| 2023 | 3 | 10,736 EUR | 10,515 EUR |
| 2022 | 2 | 13,451 EUR | 13,451 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidies jeugdhulp
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Of 7,006 companies in sector 81220 we hold annual accounts for 2,414. 340 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
Founded03-09-2012
Fiscal year end31-12
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
43341Painting of buildings
43350Other building finishing work
Scores and ratios are computed by Checked and are not a credit decision.