TD-TECH
ActiveSummary
The computed 12-month bankruptcy probability of TD-TECH is 2.2% (moderate). The 2025 annual accounts show equity of €92k and a net result of €-3k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 65% of 3549 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▲+3
Solvency75▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.9 against 2.42 in 2024; short-term debt: 41.3% and cash: 24.3% of total assets), but 50.1% of the assets are financed with debt.
Credit check 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
49.9%
Return on assets
-1.5%
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
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
1819202122232425
2018 to 2025 · latest year €-3k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 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
49 d late
2024
22 d late
2023
30 d late
2022
25 d late
2021
12 d late
2020
8 d early
2019
35 d early
← 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, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-3k▲ 57.1%
2024 · €-6k
2018: €11k
2019: €31k
2020: €35k
2021: €4k
2022: €-8k
2023: €-6k
2024: €-6k
2018 → 2025
Working capital
€69k▼ 0.6%
2024 · €70k
2018: €20k
2019: €57k
2020: €93k
2021: €107k
2022: €83k
2023: €80k
2024: €70k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€115k-€107k▼ 7.0%€101k▼ 5.4%€95k▼ 6.2%€92k▼ 2.9%
Operating result€7k-€-3k€-331▲ 89.9%€-2k▼ 570%€3k
Net result€4k-€-8k€-6k▲ 27.7%€-6k▼ 8.9%€-3k▲ 57.1%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €185k
Fixed assets
€39k ▼ 38.4%
Current assets
€145k ▲ 22.7%
Equity and liabilities €185k
Equity
€92k ▼ 2.9%
Debt
€92k ▲ 5.9%
Debt's share of the balance-sheet total rises from 47.9% to 50.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€29k▲
2024 · €21k
Cash flow
€23k▲
2024 · €17k
Current ratio
1.90▼
2024 · 2.42
Debt to equity
1.00▲
2024 · 0.92
ROE
-2.9%▲
2024 · -6.6%
ROA
-1.5%▲
2024 · -3.5%
Interest coverage
14.45▲
2024 · 8.97
Debt ≤ 1 year
€76k▲
2024 · €49k
Debt > 1 year
€16k▼
2024 · €38k
Income taxes
€5k▲
2024 · €2k
Staff costs
€165k▲
2024 · €140k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€182k€185k▲
Fixed assets21/28€64k€39k▼
Tangible fixed assets22/27€64k€39k▼
Plant, machinery and equipment23€1k€2k▲
Furniture and vehicles24€59k€35k▼
Other tangible fixed assets26€4k€2k▼
Current assets29/58€119k€145k▲
Amounts receivable within one year40/41€47k€91k▲
Trade receivables40€27k€72k▲
Other amounts receivable41€20k€19k▼
Current investments50/53€6k€6k▲
Cash at bank and in hand54/58€63k€45k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€182k€185k▲
Equity10/15€95k€92k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€87k€84k▼
Amounts payable17/49€87k€92k▲
Amounts payable after more than one year17€38k€16k▼
Financial debts170/4€38k€16k▼
Amounts payable within one year42/48€49k€76k▲
Current portion of amounts payable after more than one year42€24k€22k▼
Trade debts44€13k€40k▲
Suppliers440/4€13k€40k▲
Taxes, remuneration and social security45€12k€14k▲
Remuneration and social security454/9€12k€14k▲
Income statement
Code20242025
Non-recurring operating income76A€7k-
Remuneration, social security and pensions62€140k€165k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€26k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€244-
Other operating charges640/8€508€1k▲
Non-recurring operating charges66A-€145
Gross operating margin9900€162k€196k▲
Operating profit (loss)9901€-2k€3k▲
Financial income75/76B€354€960▲
Recurring financial income75€354€960▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-4k€2k▲
Income taxes67/77€2k€5k▲
Profit (loss) for the period9904€-6k€-3k▲
Profit (loss) for the period to be appropriated9905€-6k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€87k€84k▼
Profit (loss) brought forward from the previous period14P€93k€87k▼
Social balance
Average headcount (FTE)90874.14.0▼
The notes to these accounts (11 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
18-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 49 days late
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 22 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 25 days late
2022
31-12
Financial
Weakest financial yearnet €-8k ▼305%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 12 days late
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €35k ▲13.8%
Operating result €50k, net result €35k, both a record.
31-12
Financial
Equity above €100kEq €111k ▲46.4%
3 profitable years in a row build equity to €111k.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity doublescurrent ratio 3.08
Current ratio from 1.54 to 3.08; short-term debt falls from €37k to €27k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 10 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Etterbeek · 1 establishment unit since 2011
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.
Eudore Pirmezlaan 42/441040 EtterbeekGround area
162 m²
Building footprint
292 m²
Volume, LiDAR
2,413 m³
Parcel 21363B0387/00D004, Brussels · tallest building 15.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TD-TECH
since 20112.202.447.950
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0387/00D004 | Brussels | 162 m² | 1 · 292 m² | 15.0 m · 3 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
ELEC 3
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Reno-Levin
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EDKL
BE 0466.823.782
Lille · Eq €94,939
LUTEC
BE 0861.366.631
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BOYAS 21
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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,817 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
Founded26-01-2011
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43120Site preparation
43240Other construction installation
46720Wholesale of motor vehicle parts and accessories
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.