Summary
TD HOLDING has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €785k and a net result of €126k. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 50% of 9460 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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
18 d late
2024
8 d late
2023
24 d late
2022
14 d late
2021
25 d late
2020
2 d late
2019
62 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€785k▲ 19.1%
2024 · €659k
2018: €401k
2019: €493k
2020: €543k
2021: €508k
2022: €552k
2023: €659k
2024: €659k
2018 → 2025
Total assets
€1.44M▼ 1.2%
2024 · €1.46M
2018: €1.56M
2019: €1.45M
2020: €1.48M
2021: €1.44M
2022: €1.43M
2023: €1.46M
2024: €1.46M
2018 → 2025
Net result
€126k▲ 4.8%
2024 · €120k
2018: €173k
2019: €92k
2020: €50k
2021: €-35k
2022: €44k
2023: €227k
2024: €120k
2018 → 2025
Working capital
€-78k▲ 58.4%
2024 · €-187k
2018: €-73k
2019: €-72k
2020: €8k
2021: €-115k
2022: €-133k
2023: €-90k
2024: €-187k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€508k-€552k▲ 8.7%€659k▲ 19.4%€659k▲ 0.1%€785k▲ 19.1%
Operating result€-24k-€64k€158k▲ 147%€168k▲ 6.3%€166k▼ 1.2%
Net result€-35k-€44k€227k▲ 415%€120k▼ 46.9%€126k▲ 4.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.44M
Fixed assets
€1.20M ▼ 0.2%
Current assets
€235k ▼ 6.1%
Equity and liabilities €1.44M
Equity
€785k ▲ 19.1%
Debt
€653k ▼ 18.0%
Debt's share of the balance-sheet total falls from 54.7% to 45.4%. Equity is higher and debt is lower.
Key figures and ratios
ROE
16.1%▼
2024 · 18.3%
ROA
8.8%▲
2024 · 8.3%
Debt ≤ 1 year
€312k▼
2024 · €437k
Debt > 1 year
€341k▼
2024 · €360k
Income taxes
€37k▼
2024 · €43k
Staff costs
€67k▲
2024 · €66k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.46M€1.44M▼
Fixed assets21/28€1.21M€1.20M▼
Tangible fixed assets22/27€65k€63k▼
Other tangible fixed assets26€65k€63k▼
Financial fixed assets28€1.14M€1.14M=
Current assets29/58€250k€235k▼
Amounts receivable within one year40/41€233k€210k▼
Trade receivables40€132k€132k▲
Other amounts receivable41€101k€78k▼
Cash at bank and in hand54/58€16k€25k▲
Deferred charges and accrued income490/1€472€59▼
Equity and liabilities
Total equity and liabilities10/49€1.46M€1.44M▼
Equity10/15€659k€785k▲
Contributions10/11€6k€6k=
Reserves13€501k€651k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€499k€649k▲
Profit (loss) carried forward14€152k€128k▼
Amounts payable17/49€797k€653k▼
Amounts payable after more than one year17€360k€341k▼
Financial debts170/4€19k-
Other amounts payable178/9€341k€341k=
Amounts payable within one year42/48€437k€312k▼
Current portion of amounts payable after more than one year42€98k€47k▼
Financial debts43€33k€33k▼
Other loans439€33k€33k▼
Trade debts44€70k€31k▼
Suppliers440/4€70k€31k▼
Taxes, remuneration and social security45€38k€36k▼
Taxes450/3€19k€16k▼
Remuneration and social security454/9€19k€20k▲
Other amounts payable47/48€197k€165k▼
Income statement
Code20242025
Remuneration, social security and pensions62€66k€67k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€1k€2k▲
Gross operating margin9900€237k€237k▼
Operating profit (loss)9901€168k€166k▼
Financial income75/76B€25€333▲
Recurring financial income75€25€333▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€163k€163k▲
Income taxes67/77€43k€37k▼
Profit (loss) for the period9904€120k€126k▲
Profit (loss) for the period to be appropriated9905€120k€126k▲
Appropriation of the result
Profit (loss) to be appropriated9906€272k€278k▲
Profit (loss) brought forward from the previous period14P€152k€152k▲
Transfer to equity691/2-€150k
To other reserves6921-€150k
Profit to be distributed694/7€120k-
Return on contributions (dividend)694€120k-
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
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
24-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 24 days late
2023
31-12
Financial
Highest result since 2018net €227k ▲415%
Net result €227k, the highest in the series.
14-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
2022
31-12
Financial
Back to profitnet €44k
Net result €44k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Weakest financial yearnet €-35k ▼170%
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 1.08
Current ratio from 0.50 to 1.08; short-term debt falls from €146k to €98k.
31-12
Financial
Equity above €500kEq €543k ▲10.1%
3 profitable years in a row build equity to €543k.
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 62 days late
Show earlier events
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
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, Beauraing · 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.
rue des Ardennes 3235570 BeauraingGround area
4,172 m²
Building footprint
168 m²
Volume, LiDAR
960 m³
Parcel 91140A0796/00B002, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
rue des Ardennes 323, 5570 Beauraing
since 20122.213.467.249
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91140A0796/00B002 | Wallonia | 4,172 m² | 1 · 168 m² | 7.0 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.
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Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 3,802 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded17-09-2012
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:direction@voyages-toussaint.be
Phone:0475/92.10.69