TDC WORKS
ActiveTDC WORKS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €311k and a net result of €10k. Equity is growing by ~34.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 27676 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-27
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 17.2 against 17.76 in 2024; short-term debt: 5% and cash: 41.4% of total assets), and 5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 →
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
95%
Return on assets
3.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 8 filingsDeviation from the deadline
2025
24 d late
2024
43 d late
2023
54 d early
2022
4 d early
2021
36 d early
2020
138 d early
2019
43 d early
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€311k▲ 3.4%
2024 · €301k
2018: €46k
2019: €67k
2020: €88k
2021: €133k
2022: €179k
2023: €218k
2024: €301k
2018 → 2025
Total assets
€328k▲ 0.6%
2024 · €326k
2018: €109k
2019: €127k
2020: €165k
2021: €266k
2022: €258k
2023: €262k
2024: €326k
2018 → 2025
Net result
€10k▼ 87.9%
2024 · €83k
2018: €27k
2019: €21k
2020: €21k
2021: €45k
2022: €46k
2023: €39k
2024: €83k
2018 → 2025
Working capital
€268k▼ 1.5%
2024 · €272k
2018: €27k
2019: €51k
2020: €70k
2021: €109k
2022: €137k
2023: €185k
2024: €272k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€133k-€179k▲ 34.6%€218k▲ 21.8%€301k▲ 38.4%€311k▲ 3.4%
Operating result€62k-€67k▲ 7.3%€56k▼ 15.8%€118k▲ 110%€16k▼ 86.8%
Net result€45k-€46k▲ 2.2%€39k▼ 15.0%€83k▲ 114%€10k▼ 87.9%
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 87% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €328k
Fixed assets
€44k▲ 14.5%
Current assets
€284k▼ 1.3%
Equity and liabilities €328k
Equity
€311k▲ 3.4%
Debt
€17k▼ 33.5%
The debt ratio falls from 7.6% to 5.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37k▼
2024 · €134k
Cash flow
€32k▼
2024 · €100k
Solvency
95.0%▲
2024 · 92.4%
Current ratio
17.20▼
2024 · 17.76
Quick ratio
13.84▼
2024 · 14.22
Debt / equity
0.05▼
2024 · 0.08
ROE
3.3%▼
2024 · 27.7%
ROA
3.1%▼
2024 · 25.6%
Interest coverage
60.20▼
2024 · 139.15
Debt
€17k▼
2024 · €25k
Debt ≤ 1 year
€17k▲
2024 · €16k
Debt > 1 year
€0▼
2024 · €7k
Income taxes
€5k▼
2024 · €34k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€326k€328k▲
Formation expenses20€0-
Fixed assets21/28€38k€44k▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€38k€43k▲
Land and buildings22€986€854▼
Plant, machinery and equipment23€25k€14k▼
Furniture and vehicles24€12k€29k▲
Leasing and similar rights25€0-
Other tangible fixed assets26€0-
Assets under construction and advance payments27€0-
Financial fixed assets28€150€150=
Current assets29/58€288k€284k▼
Amounts receivable after more than one year29€0-
Trade receivables290€0-
Other amounts receivable291€0-
Stocks and contracts in progress3€57k€56k▼
Stocks30/36€57k€56k▼
Contracts in progress37€0-
Amounts receivable within one year40/41€40k€91k▲
Trade receivables40€40k€74k▲
Other amounts receivable41€807€17k▲
Current investments50/53€0-
Cash at bank and in hand54/58€186k€136k▼
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€326k€328k▲
Equity10/15€301k€311k▲
Contributions10/11€19k€19k=
Revaluation surpluses12€0-
Reserves13€281k€291k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Own shares acquired1312€0-
Financial assistance1313€0-
Other1319€0-
Tax-exempt reserves132€0-
Distributable reserves133€281k€291k▲
Profit (loss) carried forward14€1k€1k=
Investment grants15€0-
Advance to shareholders on the distribution of net assets19€0-
Provisions and deferred taxes16€0-
Provisions for liabilities and charges160/5€0-
Pensions and similar obligations160€0-
Taxes161€0-
Major repairs and maintenance162€0-
Environmental obligations163€0-
Other liabilities and charges164/5€0-
Deferred taxes168€0-
Amounts payable17/49€25k€17k▼
Amounts payable after more than one year17€7k€0▼
Financial debts170/4€7k€0▼
Trade debts175€0-
Advances received on contracts in progress176€0-
Other amounts payable178/9€0-
Amounts payable within one year42/48€16k€17k▲
Current portion of amounts payable after more than one year42€7k€7k▲
Financial debts43€0-
Credit institutions430/8€0-
Other loans439€0-
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Bills of exchange payable441€0-
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€5k€3k▼
Taxes450/3€5k€3k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€2k€2k▼
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€22k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€135k€39k▼
Operating profit (loss)9901€118k€16k▼
Financial income75/76B€393€107▼
Recurring financial income75€393€107▼
Financial charges65/66B€962€616▼
Recurring financial charges65€962€616▼
Profit (loss) for the period before taxes9903€117k€15k▼
Income taxes67/77€34k€5k▼
Profit (loss) for the period9904€83k€10k▼
Profit (loss) for the period to be appropriated9905€83k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€85k€11k▼
Profit (loss) brought forward from the previous period14P€1k€1k=
Transfer to equity691/2€83k€10k▼
To other reserves6921€83k€10k▼
The notes to these accounts (10 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Weakest financial yearnet €10k ▼87.9%
Net result drops to €10k, the lowest in the series.
12-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 43 days late
2024
31-12
Financial
Highest result since 2018net €83k ▲114%
Operating result €118k, net result €83k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 17.76
Current ratio from 7.25 to 17.76; short-term debt falls from €30k to €16k.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 7.25
Current ratio from 3.40 to 7.25; short-term debt falls from €57k to €30k.
31-12
Financial
Equity above €200kEq €218k ▲21.8%
6 profitable years in a row build equity to €218k.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €179k ▲34.6%
5 profitable years in a row build equity to €179k.
25-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €133k ▲51.1%
4 profitable years in a row build equity to €133k.
15-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
01-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Lochristi · 1 establishment unit since 2017
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.
Kerrebroekstraat 69080 LochristiGround area
2,007 m²
Building footprint
185 m²
Volume, LiDAR
464 m³
Parcel 44008C1000/00M000, Flanders · tallest building 3.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
TDC WORKS
since 20172.271.025.960
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44008C1000/00M000 | Flanders | 2,007 m² | 1 · 185 m² | 3.5 m · 1 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
SB VERWARMING EN SANITAIR
BE 0803.645.394
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FOMES
BE 0809.442.234
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M-ELION
BE 0667.491.444
Schaarbeek · Eq €312k
LOODGIETERIJ & DAKWERKEN
BE 0753.813.823
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HUIS QUINTELIER
BE 0475.854.284
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Of 7,042 companies in sector 43221 we hold annual accounts for 3,468. 2,675 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-12-2017
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
25110Manufacture of metal structures and parts of structures
43230Insulation installation
43291Specialised construction activities
47527Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.