TD MANAGEMENT
ActiveSummary
TD MANAGEMENT has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €198,501 and a net result of €79,262. Equity is growing by ~34.9% per year across the filed fiscal years. Its solvency ranks better than 55% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability99▼-1
Solvency86▼-14
Growth78=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity short (current ratio 0.62 against 1.1 in 2024; short-term debt: 38.6% and cash: 9% of total assets), and 38.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
61.4%
Return on assets
24.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
18 d early
2024
30 d early
2023
47 d late
2022
53 d late
2021
60 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 22 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
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. Usually files around 17 September (4 of the last 5 filed years within 66 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€90,000
EBIT margin
41.1%
Net result
€79,262▲ 12.0%
2024 · €70,798
Working capital
-€47,849
2024 · €6,289
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€90,000-
Operating result€36,966-€63,456▲ 71.7%€96,724▲ 52.4%€91,693▼ 5.2%€109,857▲ 19.8%
Net result€24,989within the sector's middle half-€45,568within the sector's middle half▲ 82.4%€70,384above the sector's middle half▲ 54.5%€70,798above the sector's middle half▲ 0.6%€79,262above the sector's middle half▲ 12.0%
EBIT margin41.1%-
Equity€32,489within the sector's middle half-€78,057within the sector's middle half▲ 140%€148,441within the sector's middle half▲ 90.2%€219,239within the sector's middle half▲ 47.7%€198,501within the sector's middle half▼ 9.5%
Total assets€193,102within the sector's middle half-€204,568within the sector's middle half▲ 5.9%€261,576within the sector's middle half▲ 27.9%€285,229within the sector's middle half▲ 9.0%€323,531within the sector's middle half▲ 13.4%
Debt€160,613-€126,511▼ 21.2%€113,136▼ 10.6%€65,990▼ 41.7%€125,030▲ 89.5%
Working capital-€58,938below the sector's middle half--€44,348below the sector's middle half▲ 24.8%-€10,301below the sector's middle half▲ 76.8%€6,289within the sector's middle half-€47,849below the sector's middle half
Solvency16.8%below the sector's middle half-38.2%within the sector's middle half▲ 21.3pp56.7%within the sector's middle half▲ 18.6pp76.9%within the sector's middle half▲ 20.1pp61.4%within the sector's middle half▼ 15.5pp
Current ratio0.03below the sector's middle half-0.25below the sector's middle half▲ 0.210.87below the sector's middle half▲ 0.621.10within the sector's middle half▲ 0.230.62below the sector's middle half▼ 0.48
Return on assets (ROA)12.9%within the sector's middle half-22.3%within the sector's middle half▲ 9.3pp26.9%within the sector's middle half▲ 4.6pp24.8%within the sector's middle half▼ 2.1pp24.5%within the sector's middle half▼ 0.3pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 20% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €323,531
Fixed assets
€246,350 ▲ 14.2%
Current assets
€77,181 ▲ 11.0%
Equity and liabilities €323,531
Equity
€198,501 ▼ 9.5%
Debt
€125,030 ▲ 89.5%
Debt's share of the balance-sheet total rises from 23.1% to 38.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€110,447▲
2024 · €92,673
Cash flow
€79,851▲
2024 · €71,778
Debt to equity
0.63▲
2024 · 0.30
ROE
39.9%▲
2024 · 32.3%
Interest coverage
110.58▲
2024 · 58.77
Debt ≤ 1 year
€125,030▲
2024 · €63,250
Income taxes
€29,597▲
2024 · €24,943
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €90,000 | - | - | - | - | - |
| Non-recurring operating income76A | €277 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €53,076 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €71 | €988 | €988 | €979 | €589 | ▼ 39.8% |
| Other operating charges640/8 | €164 | €269 | €115 | €1,677 | €1,749 | ▲ 4.3% |
| Gross operating margin9900 | €37,201 | €64,712 | €97,826 | €94,350 | €112,196 | ▲ 18.9% |
| Operating profit (loss)9901 | €36,966 | €63,456 | €96,724 | €91,693 | €109,857 | ▲ 19.8% |
| Financial income75/76B | - | €0 | €0 | €5,625 | - | - |
| Recurring financial income75 | - | €0 | €0 | €5,625 | - | - |
| Financial charges65/66B | €3,478 | €1,457 | €1,183 | €1,577 | €999 | ▼ 36.7% |
| Recurring financial charges65 | €3,478 | €1,457 | €1,183 | €1,577 | €999 | ▼ 36.7% |
| Profit (loss) for the period before taxes9903 | €33,488 | €61,999 | €95,541 | €95,742 | €108,858 | ▲ 13.7% |
| Income taxes67/77 | €8,500 | €16,431 | €25,157 | €24,943 | €29,597 | ▲ 18.7% |
| Profit (loss) for the period9904 | €24,989 | €45,568 | €70,384 | €70,798 | €79,262 | ▲ 12.0% |
| Profit (loss) for the period to be appropriated9905 | €24,989 | €45,568 | €70,384 | €70,798 | €79,262 | ▲ 12.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €193,102 | €204,568 | €261,576 | €285,229 | €323,531 | ▲ 13.4% |
| Fixed assets21/28 | €191,145 | €190,157 | €194,170 | €215,690 | €246,350 | ▲ 14.2% |
| Tangible fixed assets22/27 | €3,645 | €2,657 | €1,670 | €690 | €1,350 | ▲ 95.5% |
| Plant, machinery and equipment23 | €1,820 | €1,444 | €1,067 | €690 | €1,350 | ▲ 95.5% |
| Furniture and vehicles24 | €1,825 | €1,214 | €603 | - | - | - |
| Financial fixed assets28 | €187,500 | €187,500 | €192,500 | €215,000 | €245,000 | ▲ 14.0% |
| Current assets29/58 | €1,957 | €14,411 | €67,407 | €69,539 | €77,181 | ▲ 11.0% |
| Amounts receivable within one year40/41 | - | €20 | €47,520 | €47,520 | €47,520 | = |
| Other amounts receivable41 | - | €20 | €47,520 | €47,520 | €47,520 | = |
| Cash at bank and in hand54/58 | €1,957 | €14,391 | €19,695 | €21,820 | €28,994 | ▲ 32.9% |
| Deferred charges and accrued income490/1 | - | - | €192 | €199 | €667 | ▲ 235% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €193,102 | €204,568 | €261,576 | €285,229 | €323,531 | ▲ 13.4% |
| Equity10/15 | €32,489 | €78,057 | €148,441 | €219,239 | €198,501 | ▼ 9.5% |
| Contributions10/11 | €7,500 | €7,500 | €7,500 | €7,500 | €7,500 | = |
| Reserves13 | - | €70,557 | €140,941 | €211,739 | €191,001 | ▼ 9.8% |
| Distributable reserves133 | - | €70,557 | €140,941 | €211,739 | €191,001 | ▼ 9.8% |
| Profit (loss) carried forward14 | €24,989 | - | - | - | - | - |
| Amounts payable17/49 | €160,613 | €126,511 | €113,136 | €65,990 | €125,030 | ▲ 89.5% |
| Amounts payable after more than one year17 | €99,718 | €67,752 | €35,428 | €2,741 | - | - |
| Financial debts170/4 | €99,718 | €67,752 | €35,428 | €2,741 | - | - |
| Amounts payable within one year42/48 | €60,895 | €58,759 | €77,708 | €63,250 | €125,030 | ▲ 97.7% |
| Current portion of amounts payable after more than one year42 | €31,612 | €31,966 | €32,325 | €32,687 | €2,741 | ▼ 91.6% |
| Financial debts43 | - | - | - | €18,000 | €22,000 | ▲ 22.2% |
| Credit institutions430/8 | - | - | - | €18,000 | €22,000 | ▲ 22.2% |
| Trade debts44 | €231 | €125 | €284 | €270 | €13 | ▼ 95.2% |
| Suppliers440/4 | €231 | €125 | €284 | €270 | €13 | ▼ 95.2% |
| Taxes, remuneration and social security45 | €9,050 | €26,581 | €43,238 | €8,593 | €16,190 | ▲ 88.4% |
| Taxes450/3 | €9,050 | €26,581 | €43,238 | €8,593 | €16,190 | ▲ 88.4% |
| Other amounts payable47/48 | €20,002 | €88 | €1,861 | €3,700 | €84,087 | ▲ 2,173% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,989 | €45,568 | €70,384 | €70,798 | €79,262 | ▲ 12.0% |
| + Depreciation and write-downs630 | €71 | €988 | €988 | €979 | €589 | ▼ 39.8% |
| Operating cash flow (approximation) | €25,060 | €46,556 | €71,372 | €71,778 | €79,851 | ▲ 11.2% |
| Investment in fixed assets (approximation) | - | €0 | -€5,000 | -€22,500 | -€31,249 | ▼ 38.9% |
| Change in cash | - | €12,433 | €5,304 | €2,125 | €7,174 | ▲ 238% |
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
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €79,262 ▲12%
Operating result €109,857, net result €79,262, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200,000Eq €219,239 ▲47.7%
4 profitable years in a row build equity to €219,239.
16-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 47 days late
2023
31-12
Financial
Equity above €100,000Eq €148,441 ▲90.2%
3 profitable years in a row build equity to €148,441.
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Staden · 1 establishment unit since 2020
Ground area
747 m²
Building footprint
167 m²
Volume, LiDAR
426 m³
2 parcels, Flanders · tallest building 9.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
TD MANAGEMENT
since 20202.312.590.658
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36019A1476/00M000 | Flanders | 544 m² | 1 · 81 m² | - |
| 36009A0384/00V000 | Flanders | 202 m² | 1 · 86 m² | 9.7 m · 1 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.
Structure & network
Owners and holdings
3 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 3
-
50%
-
28%
-
2.15%
According to the 2025 annual accounts of TD MANAGEMENT and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 40,122 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
Founded17-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0759909480
Also
9925:BE0759909480
Registered
08-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.