TD-Works
ActiveSummary
The computed 12-month bankruptcy probability of TD-Works is 2.0% (moderate). The 2025 annual accounts show equity of €48k and a net result of €8k. Equity is growing by ~55.8% per year across the filed fiscal years. Its solvency ranks better than 84% of 27786 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▼-14
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 4.83 against 4.74 in 2024; short-term debt: 20.3% and cash: 5.3% of total assets), and 20.3% of the assets are financed with debt.
Credit advice 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 · 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
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 →
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
79.7%
Return on assets
13.8%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-12-2025, 40 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
40 d early
2024
45 d early
2023
54 d early
2022
54 d early
2021
46 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€48k▲ 21.0%
2024 · €39k
2021: €8k
2022: €16k
2023: €26k
2024: €39k
2021 → 2025
Total assets
€60k▲ 20.7%
2024 · €50k
2021: €45k
2022: €36k
2023: €39k
2024: €50k
2021 → 2025
Net result
€8k▼ 38.7%
2024 · €13k
2021: €6k
2022: €8k
2023: €10k
2024: €13k
2021 → 2025
Working capital
€47k▲ 22.4%
2024 · €38k
2021: €9k
2022: €17k
2023: €26k
2024: €38k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€8k-€16k▲ 94.4%€26k▲ 61.2%€39k▲ 52.1%€48k▲ 21.0%
Operating result€7k-€10k▲ 35.7%€12k▲ 24.7%€17k▲ 36.2%€11k▼ 37.6%
Net result€6k-€8k▲ 35.3%€10k▲ 26.1%€13k▲ 37.1%€8k▼ 38.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 38% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €60k
Fixed assets
€990 ▼ 20.9%
Current assets
€59k ▲ 21.8%
Equity and liabilities €60k
Equity
€48k ▲ 21.0%
Debt
€12k ▲ 19.5%
Debt's share of the balance-sheet total falls from 20.6% to 20.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€11k▼
2024 · €17k
Cash flow
€9k▼
2024 · €14k
Current ratio
4.83▲
2024 · 4.74
Quick ratio
1.47▼
2024 · 3.67
Debt to equity
0.26▼
2024 · 0.26
ROE
17.3%▼
2024 · 34.2%
ROA
13.8%▼
2024 · 27.2%
Interest coverage
147.44▼
2024 · 211.37
Debt ≤ 1 year
€12k▲
2024 · €10k
Income taxes
€2k▼
2024 · €3k
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 · 34 lines
Balance sheet
Code20242025
Assets
Total assets20/58€50k€60k▲
Fixed assets21/28€1k€990▼
Tangible fixed assets22/27€1k€990▼
Plant, machinery and equipment23€1k€990▼
Current assets29/58€48k€59k▲
Stocks and contracts in progress3€11k€41k▲
Stocks30/36€11k€41k▲
Amounts receivable within one year40/41€30k€15k▼
Trade receivables40€16k€11k▼
Other amounts receivable41€14k€3k▼
Cash at bank and in hand54/58€8k€3k▼
Equity and liabilities
Total equity and liabilities10/49€50k€60k▲
Equity10/15€39k€48k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€37k€45k▲
Amounts payable17/49€10k€12k▲
Amounts payable within one year42/48€10k€12k▲
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€5k€6k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54€261▲
Other operating charges640/8€336€120▼
Gross operating margin9900€17k€11k▼
Operating profit (loss)9901€17k€11k▼
Financial charges65/66B€80€74▼
Recurring financial charges65€80€74▼
Profit (loss) for the period before taxes9903€17k€11k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€13k€8k▼
Profit (loss) for the period to be appropriated9905€13k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€37k€45k▲
Profit (loss) brought forward from the previous period14P€23k€37k▲
The notes to these accounts (4 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
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Highest result since 2021net €13k ▲37.1%
Operating result €17k, net result €13k, both a record.
2023
08-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
08-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
16-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Oud-Turnhout · 1 establishment unit since 2020
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.
Gommers 142360 Oud-TurnhoutGround area
511 m²
Building footprint
140 m²
Volume, LiDAR
11 m³
Parcel 13482F0070/00N000, Flanders · tallest building 6.9 m. Linked by address, not a title deed.
1 establishment unit
TD-Works
since 20202.301.014.006
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13482F0070/00N000 | Flanders | 511 m² | 1 · 140 m² | 6.9 m |
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
UNIK CORPORATION
BE 0774.816.994
Frameries · Eq €47,612
BATIWOOD Construction
BE 0836.537.995
Lasne · Eq €47,663
Diego Abeele Interieurbouw
BE 0810.739.163
Zedelgem · Eq €47,669
DEWE INTERIOR
BE 0727.464.465
Schoten · Eq €47,579
SYMONS METAALWERKEN
BE 0806.743.951
Oudsbergen · Eq €47,689
Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 7,356 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
Founded06-04-2020
Fiscal year end30-06
Activities, NACEBEL 2025
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:tdschrijnwerken@gmail.com