TD@WORK
TD@WORK has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56k and a net result of €13k. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 17% of 26784 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
| Equity | €56k |
| Net result | €13k |
| Better than sector | 17% |
| Active | 11 yrs |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 15.0% | 47.4% | |
| Net result | €13k | €10k | |
| Equity | €56k | €60k | |
| Gross operating margin | €55k | €39k | |
| Total assets | €376k | €141k |
Figures by fiscal year and ratios
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ | 2022 Δ | 2021 Δ |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | +70.0% | -37.3% | +67.0% | -48.1% | - |
| Net profit | - | - | +201.5% | -88.5% | - |
| Cash flow | +59.0% | -40.3% | +57.0% | -44.4% | - |
| Staff costs | - | - | - | - | - |
| Income taxes | +1860.5% | +15.8% | -16.0% | -97.5% | - |
| Dividends | 0.0% | +3.1% | 0.0% | 0.0% | - |
| Total assets | +3.0% | -11.8% | -7.4% | +322.5% | - |
| Equity | +28.4% | -2.9% | +36.6% | +11.7% | - |
| Debt | -0.4% | -12.9% | -10.9% | +443.4% | - |
| of which ≤ 1y | -9.5% | -23.3% | -26.6% | +161.7% | - |
| of which > 1y | +0.9% | -10.0% | -5.0% | +868.1% | - |
| Working capital | +22.1% | -2.7% | +22.1% | - | - |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.41 | 0.32 | 0.49 | 0.52 | 1.34 |
| Quick ratio | 0.41 | 0.32 | 0.49 | 0.52 | 1.34 |
| Working capital ratio | -9.0% | -11.9% | -10.2% | -12.1% | 13.9% |
| Solvency | 15.0% | 12.0% | 10.9% | 7.4% | 28.0% |
| Debt / equity | 5.67 | 7.32 | 8.16 | 12.50 | 2.57 |
| Long-term debt ratio | 4.61 | 5.87 | 6.33 | 9.10 | 1.05 |
| Interest coverage | 5.81 | 4.72 | 7.03 | 5.67 | 70.14 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 3.5% | -0.1% | 3.1% | 1.0% | 35.3% |
| ROE | 23.6% | -1.1% | 28.6% | 12.9% | 125.9% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €376k | €365k | €414k | €447k | €106k |
| Fixed assets | 21/28 | €352k | €345k | €374k | €389k | €48k |
| Tangible fixed assets | 22/27 | €352k | €345k | €374k | €389k | €48k |
| Financial fixed assets | 28 | - | €75 | €75 | €75 | €75 |
| Current assets | 29/58 | €24k | €20k | €40k | €58k | €58k |
| Amounts receivable within one year | 40/41 | €7k | €12k | €21k | €26k | €9k |
| Cash & bank | 54/58 | €12k | €3k | €15k | €9k | €45k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €376k | €365k | €414k | €447k | €106k |
| Equity | 10/15 | €56k | €44k | €45k | €33k | €30k |
| Contributions / capital | 10/11 | €100 | €100 | €100 | €100 | €100 |
| Accumulated profits (losses) | 14 | €56k | €44k | €45k | €33k | €30k |
| Amounts payable | 17/49 | €320k | €321k | €369k | €414k | €76k |
| Amounts payable after one year | 17 | €260k | €258k | €286k | €301k | €31k |
| Amounts payable within one year | 42/48 | €57k | €63k | €83k | €112k | €43k |
| Trade debts payable within one year | 44 | €929 | €3k | €10k | €41k | €3k |
| Income statement | ||||||
| Gross operating margin | 9900 | €55k | €32k | €56k | €30k | €59k |
| Operating result | 9901 | €22k | €3k | €16k | €4k | €41k |
| Financial income | 75 | €4k | €3k | €4k | €5k | €4k |
| Financial charges | 65 | €9k | €7k | €7k | €5k | €829 |
| Result before taxes | 9903 | €17k | €-331 | €13k | €4k | €44k |
| Income taxes | 67/77 | €3k | €167 | €144 | €171 | €7k |
| Net result for the period | 9904 | €13k | €-497 | €13k | €4k | €37k |
| Result to be appropriated | 9905 | €13k | €-497 | €13k | €4k | €37k |
Former directors (1)
-
Gwen Van den BerghDirectorState Gazette act 24052679 (28-03-2024)Former- → 01-03-2024
| NACE primary | Joinery installation(43320) |
| Legal form | Private limited company(610) |
| Incorporation | 13-08-2015 |
| Status | Active |
| Postal code | 2880 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12007C0210/00V000 | Flanders | 1.6 ha | 1 · 9,221 m² | 2.1 m |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
17-02-2025 Registered office moved within Bornem
- Egied De Jonghestraat 51, 2880 Bornem → Klein-Mechelen 18B/23-2880 Bornem
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "combined",
"new_address": {
"raw": "Klein-Mechelen 18B/23-2880 Bornem",
"city": "Bornem",
"region": "vlaams_gewest",
"street": null,
"country": "BE",
"postcode": "2880",
"box_number": "23",
"street_number": "18B",
"locality_suffix": null
},
"old_address": {
"raw": "Egied De Jonghestraat 51, 2880 Bornem",
"city": "Bornem",
"region": "vlaams_gewest",
"street": "Egied De Jonghestraat",
"country": "BE",
"postcode": "2880",
"box_number": null,
"street_number": "51",
"locality_suffix": null
},
"effective_date": "2025-01-21",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "beide",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Bornem",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-02-17",
"filing_date": "2025-01-21",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2025-01-21",
"unanimous": null
},
"subject_company": {
"kbo": "0635.507.772",
"name_full": "TD@Work",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "Accountant \u0026 Belastingconsulent Philip Martens VOF",
"person_name": null,
"org_rep_person_name": "Philip Martens",
"person_role_at_subject": null
},
"co_filed_documents": [
"Verslag van de Bijzondere Algemene Vergadering dd. 21 januari 2025"
]
}28-03-2024 Gwen Van den Bergh resigns as director
- Gwen Van den Bergh, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Gwen Van den Bergh",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "de_plein_droit_dissolution",
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2024-03-01",
"evidence_quote": "De vergadering aanvaardt het ontslag van mevrouw Gwen Van den Bergh als bestuurder met ingang vanaf 1 maart 2024. Er wordt haar kwijting gegeven voor haar mandaat tot en met 29 februari 2024.",
"decharge_status": "granted",
"mandate_duration": {
"kind": "until_date",
"value": "2024-02-29"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
},
{
"kind": "decharge_granted",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Gwen Van den Bergh",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Er wordt haar kwijting gegeven voor haar mandaat tot en met 29 februari 2024.",
"decharge_status": "granted",
"mandate_duration": {
"kind": "until_date",
"value": "2024-02-29"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Ruisbroek",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-03-28",
"filing_date": "2024-03-20",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2023-12-31",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0635.507.772",
"name_full": "TD@Work",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "Accountant \u0026 belastingconsulent Philip Martens VOF",
"person_name": null,
"org_rep_person_name": "Philip Martens",
"person_role_at_subject": null
},
"co_filed_documents": [
"Verslag van de Bijzondere Algemene Vergadering dd. 29 februari 2024"
],
"corrected_publication_numac": null
}| Legal nameNL | TD@WORK |
| Trade nameNL | TD@WORK |