TDCO
ActiveSummary
The computed 12-month bankruptcy probability of TDCO is 2.9% (moderate). The 2024 annual accounts show equity of €22k and a net result of €19k. Its solvency ranks better than 40% of 18941 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability87
Solvency42
Growth-
Track record67
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.12; short-term debt: 58.6% and cash: 54.5% of total assets), and 83.2% 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.
+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
16.8%
Return on assets
14.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
24 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€22k
Total assets
€128k
Net result
€19k
Working capital
€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €127k
Fixed assets
€44k
Current assets
€84k
Equity and liabilities €128k
Equity
€22k
Debt
€107k
Debt finances 83.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€25k
Cash flow
€20k
Current ratio
1.12
Quick ratio
0.96
Debt to equity
4.95
ROE
86.1%
ROA
14.5%
Interest coverage
452.80
Debt ≤ 1 year
€75k
Debt > 1 year
€25k
Income taxes
€5k
Staff costs
€29k
Filed annual accounts As filed with the NBB · 2024 · 46 lines
Balance sheet
Code2024
Assets
Total assets20/58€128k
Formation expenses20€976
Fixed assets21/28€44k
Tangible fixed assets22/27€42k
Plant, machinery and equipment23€42k
Financial fixed assets28€2k
Current assets29/58€84k
Stocks and contracts in progress3€12k
Stocks30/36€12k
Amounts receivable within one year40/41€2k
Trade receivables40€2k
Cash at bank and in hand54/58€70k
Deferred charges and accrued income490/1€321
Equity and liabilities
Total equity and liabilities10/49€128k
Equity10/15€22k
Contributions10/11€3k
Reserves13€19k
Distributable reserves133€19k
Amounts payable17/49€107k
Amounts payable after more than one year17€25k
Financial debts170/4€25k
Amounts payable within one year42/48€75k
Current portion of amounts payable after more than one year42€5k
Trade debts44€36k
Suppliers440/4€36k
Taxes, remuneration and social security45€25k
Taxes450/3€17k
Remuneration and social security454/9€8k
Other amounts payable47/48€8k
Accrued charges and deferred income492/3€7k
Income statement
Code2024
Remuneration, social security and pensions62€29k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k
Other operating charges640/8€304
Gross operating margin9900€54k
Operating profit (loss)9901€23k
Financial income75/76B€10
Recurring financial income75€10
Financial charges65/66B€55
Recurring financial charges65€55
Profit (loss) for the period before taxes9903€23k
Income taxes67/77€5k
Profit (loss) for the period9904€19k
Profit (loss) for the period to be appropriated9905€19k
Appropriation of the result
Profit (loss) to be appropriated9906€19k
Transfer to equity691/2€19k
To the legal reserve6920€19k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Herzele · 1 establishment unit since 2024
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.
Provincieweg 1779552 HerzeleGround area
1,821 m²
Building footprint
918 m²
Volume, LiDAR
1,224 m³
Parcel 41008A0615/00K000, Flanders · tallest building 40.7 m. Linked by address, not a title deed.
1 establishment unit
De Pepermolen
since 20242.364.524.458
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41008A0615/00K000 | Flanders | 1,821 m² | 1 · 918 m² | 40.7 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHerzele2.364.524.458
Similar companies · same sector, comparable size
ADELIN
BE 0448.997.954
Namur · Eq €21,601
CHEZ CARLOS
BE 1000.140.274
Ukkel · Eq €21,598
Pasta - Gusto
BE 0835.366.176
Brugge · Eq €21,605
Lameau
BE 0875.266.038
Mechelen · Eq €21,593
HAPY
BE 0436.628.969
Tubize · Eq €21,613
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 8,936 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
Founded01-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.