TDH
ActiveSummary
TDH has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.6m and a net result of €434,167. Equity is growing by ~19% per year across the filed fiscal years. Its solvency ranks better than 65% of 2159 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability94▲+2
Solvency100▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150,000 at 30 days acceptable
Liquidity ample (current ratio 2.6 against 2.43 in 2023; short-term debt: 17.2% and cash: 34% of total assets), and 23.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
76.3%
Return on assets
20.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
49 d early
2023
69 d early
2022
136 d early
2021
51 d early
2020
72 d early
2019
65 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 70 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
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. Usually files around 10 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€1.6m▲ 15.9%
2023 · €1.4m
Total assets
€2.2m▲ 13.1%
2023 · €1.9m
Net result
€434,167▲ 21.4%
2023 · €357,578
Working capital
€593,643▲ 38.7%
2023 · €427,965
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€281,057▼ 10.0%€367,367▲ 30.7%€511,765▲ 39.3%€523,579▲ 2.3%€623,355▲ 19.1%
Net result€191,646within the sector's middle half▼ 8.1%€269,388within the sector's middle half▲ 40.6%€354,296above the sector's middle half▲ 31.5%€357,578above the sector's middle half▲ 0.9%€434,167above the sector's middle half▲ 21.4%
Equity€849,025within the sector's middle half▲ 29.2%€1.0mwithin the sector's middle half▲ 19.0%€1.2mwithin the sector's middle half▲ 19.5%€1.4mwithin the sector's middle half▲ 17.6%€1.6mabove the sector's middle half▲ 15.9%
Total assets€1.3mwithin the sector's middle half▲ 1.3%€1.5mwithin the sector's middle half▲ 10.2%€1.7mwithin the sector's middle half▲ 14.9%€1.9mwithin the sector's middle half▲ 13.7%€2.2mwithin the sector's middle half▲ 13.1%
Debt€475,599▼ 26.8%€449,154▼ 5.6%€470,574▲ 4.8%€487,200▲ 3.5%€511,398▲ 5.0%
Working capital€251,847within the sector's middle half▲ 83.7%€127,820within the sector's middle half▼ 49.2%€256,322within the sector's middle half▲ 101%€427,965within the sector's middle half▲ 67.0%€593,643within the sector's middle half▲ 38.7%
Solvency64.1%within the sector's middle half▲ 13.8pp69.2%within the sector's middle half▲ 5.1pp72.0%within the sector's middle half▲ 2.7pp74.5%within the sector's middle half▲ 2.5pp76.3%within the sector's middle half▲ 1.8pp
Current ratio2.66within the sector's middle half▲ 1.121.64within the sector's middle half▼ 1.022.28within the sector's middle half▲ 0.642.43within the sector's middle half▲ 0.152.60within the sector's middle half▲ 0.17
Return on assets (ROA)14.5%within the sector's middle half▼ 1.5pp18.5%within the sector's middle half▲ 4.0pp21.1%within the sector's middle half▲ 2.7pp18.7%within the sector's middle half▼ 2.4pp20.1%within the sector's middle half▲ 1.4pp
Staff (FTE)2.2within the sector's middle half▲ 22.2%2.7within the sector's middle half▲ 22.7%2.7within the sector's middle half=3.1within the sector's middle half▲ 14.8%3.6within the sector's middle half▲ 16.1%
above
within
below
the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
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 has risen four years in a row; 2024 is 19% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.2m
Fixed assets
€1.2m ▲ 1.0%
Current assets
€965,653 ▲ 32.6%
Equity and liabilities €2.2m
Equity
€1.6m ▲ 15.9%
Debt
€511,398 ▲ 5.0%
Debt's share of the balance-sheet total falls from 25.5% to 23.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€762,963▲
2023 · €654,099
Cash flow
€573,775▲
2023 · €488,097
Quick ratio
2.59▲
2023 · 2.42
Debt to equity
0.31▼
2023 · 0.34
ROE
26.4%▲
2023 · 25.2%
Interest coverage
136.30▲
2023 · 88.14
Debt ≤ 1 year
€372,011▲
2023 · €300,079
Debt > 1 year
€139,387▼
2023 · €187,121
Income taxes
€199,264▲
2023 · €164,532
Staff costs
€157,142▲
2023 · €118,186
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €108,553 | €112,416 | €118,186 | €157,142 | ▲ 33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €78,045 | €89,030 | €108,644 | €130,519 | €139,608 | ▲ 7.0% |
| Other operating charges640/8 | - | €3,693 | €12,051 | €5,571 | €4,588 | ▼ 17.6% |
| Gross operating margin9900 | €430,507 | €568,643 | €744,876 | €777,855 | €924,693 | ▲ 18.9% |
| Operating profit (loss)9901 | €281,057 | €367,367 | €511,765 | €523,579 | €623,355 | ▲ 19.1% |
| Financial income75/76B | - | €15,946 | €10 | €5,952 | €15,673 | ▲ 163% |
| Recurring financial income75 | €3 | €5,000 | €10 | €5,952 | €15,673 | ▲ 163% |
| Non-recurring financial income76B | - | €10,946 | - | - | - | - |
| Financial charges65/66B | - | €10,405 | €9,646 | €7,422 | €5,598 | ▼ 24.6% |
| Recurring financial charges65 | €11,077 | €10,405 | €9,646 | €7,422 | €5,598 | ▼ 24.6% |
| Profit (loss) for the period before taxes9903 | €269,983 | €372,908 | €502,130 | €522,110 | €633,431 | ▲ 21.3% |
| Income taxes67/77 | €78,338 | €103,520 | €147,834 | €164,532 | €199,264 | ▲ 21.1% |
| Profit (loss) for the period9904 | €191,646 | €269,388 | €354,296 | €357,578 | €434,167 | ▲ 21.4% |
| Transfer from tax-exempt reserves789 | - | €18,750 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €191,646 | €288,138 | €354,296 | €357,578 | €434,167 | ▲ 21.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.3m | €1.5m | €1.7m | €1.9m | €2.2m | ▲ 13.1% |
| Fixed assets21/28 | €921,339 | €1.1m | €1.2m | €1.2m | €1.2m | ▲ 1.0% |
| Tangible fixed assets22/27 | €921,339 | €1.1m | €1.2m | €1.2m | €1.2m | ▲ 1.0% |
| Land and buildings22 | - | €1.1m | €1.1m | €1.1m | €1.0m | ▼ 4.4% |
| Plant, machinery and equipment23 | - | €42,624 | €91,430 | €70,645 | €77,014 | ▲ 9.0% |
| Furniture and vehicles24 | - | €30,317 | €28,434 | €51,610 | €103,994 | ▲ 101% |
| Other tangible fixed assets26 | - | - | - | €4,200 | €4,200 | = |
| Current assets29/58 | €403,284 | €327,843 | €457,178 | €728,045 | €965,653 | ▲ 32.6% |
| Stocks and contracts in progress3 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Stocks30/36 | - | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Amounts receivable within one year40/41 | €9,032 | €15,190 | €29,166 | €103,912 | €28,837 | ▼ 72.2% |
| Trade receivables40 | - | €15,190 | - | €103,912 | €28,837 | ▼ 72.2% |
| Other amounts receivable41 | - | - | €29,166 | - | - | - |
| Current investments50/53 | €6,839 | €6,840 | €6,840 | - | €201,100 | - |
| Cash at bank and in hand54/58 | €384,413 | €302,813 | €414,931 | €616,830 | €732,717 | ▲ 18.8% |
| Deferred charges and accrued income490/1 | - | - | €3,241 | €4,303 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.3m | €1.5m | €1.7m | €1.9m | €2.2m | ▲ 13.1% |
| Equity10/15 | €849,025 | €1.0m | €1.2m | €1.4m | €1.6m | ▲ 15.9% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €830,425 | €992,162 | €1.2m | €1.4m | €1.6m | ▲ 16.1% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | €990,302 | €1.2m | €1.4m | €1.6m | ▲ 16.3% |
| Amounts payable17/49 | €475,599 | €449,154 | €470,574 | €487,200 | €511,398 | ▲ 5.0% |
| Amounts payable after more than one year17 | €324,161 | €249,130 | €269,717 | €187,121 | €139,387 | ▼ 25.5% |
| Financial debts170/4 | - | €249,130 | €269,717 | €187,121 | €139,387 | ▼ 25.5% |
| Amounts payable within one year42/48 | €151,438 | €200,023 | €200,856 | €300,079 | €372,011 | ▲ 24.0% |
| Current portion of amounts payable after more than one year42 | - | €75,031 | €88,003 | €82,596 | €47,734 | ▼ 42.2% |
| Trade debts44 | €15,484 | €3,117 | €7,981 | €27,293 | €70,368 | ▲ 158% |
| Suppliers440/4 | - | €3,117 | €7,981 | €27,293 | €70,368 | ▲ 158% |
| Taxes, remuneration and social security45 | - | €25,043 | €28,222 | €58,107 | €63,644 | ▲ 9.5% |
| Taxes450/3 | - | €13,520 | €13,520 | €42,747 | €34,563 | ▼ 19.1% |
| Remuneration and social security454/9 | - | €11,523 | €14,703 | €15,360 | €29,081 | ▲ 89.3% |
| Other amounts payable47/48 | - | €96,833 | €76,650 | €132,083 | €190,265 | ▲ 44.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €191,646 | €269,388 | €354,296 | €357,578 | €434,167 | ▲ 21.4% |
| + Depreciation and write-downs630 | €78,045 | €89,030 | €108,644 | €130,519 | €139,608 | ▲ 7.0% |
| Operating cash flow (approximation) | €269,691 | €358,418 | €462,940 | €488,097 | €573,775 | ▲ 17.6% |
| Investment in fixed assets (approximation) | - | -€299,764 | -€197,520 | -€89,314 | -€151,893 | ▼ 70.1% |
| Change in cash | - | -€81,600 | €112,118 | €201,899 | €115,887 | ▼ 42.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €434,167 ▲21.4%
Operating result €623,355, net result €434,167, both a record.
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
17-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €1mEq €1.0m ▲19%
4 profitable years in a row build equity to €1.0m.
20-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
27-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Gent · 2 establishment units since 2007
Ground area
1,123 m²
Building footprint
526 m²
Volume, LiDAR
9,562 m³
2 parcels, Flanders · tallest building 27.2 m, ±8 floors. Linked by address, not a title deed.
2 establishment units
TDH
since 20072.163.953.303
TDH bvba
since 20172.270.153.653
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44011B0385/00V007 | Flanders | 804 m² | 1 · 404 m² | 27.2 m · 8 fl. |
| 44809I0589/00E005 | Flanders | 319 m² | 1 · 122 m² | 11.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,944 companies in sector 86230 we hold annual accounts for 4,296. 2,352 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-10-2005
Fiscal year end31-12
Activities, NACEBEL 2025
86230Dental practice
Contact
E-mail
v.demeersseman@telenet.be
Phone
093388203
E-invoicing
Reachable via Peppol
Peppol ID
0208:0876494572
Also
9925:BE0876494572
Registered
30-08-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.