TDL PROJECTS
ActiveTDL PROJECTS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €399k and a net result of €31k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 65% of 2090 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
94
/ 100
Excellent▲ +15 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability38▲+17
Solvency96▲+4
Growth52=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.2 against 2.03 in 2023), and 47.7% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
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 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
31 d late
2022
30 d late
2021
4 d early
2020
5 d early
2019
3 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€399k▲ 8.3%
2023 · €368k
2018: €212k
2019: €229k
2020: €277k
2021: €287k
2022: €353k
2023: €368k
2018 → 2024
Total assets
€762k▼ 2.3%
2023 · €780k
2018: €452k
2019: €647k
2020: €547k
2021: €725k
2022: €974k
2023: €780k
2018 → 2024
Net result
€31k▲ 95.6%
2023 · €16k
2018: €54k
2019: €17k
2020: €49k
2021: €9k
2022: €96k
2023: €16k
2018 → 2024
Working capital
€351k▲ 15.9%
2023 · €303k
2018: €191k
2019: €278k
2020: €232k
2021: €154k
2022: €271k
2023: €303k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€277k-€287k▲ 3.4%€353k▲ 22.9%€368k▲ 4.4%€399k▲ 8.3%
Operating result€76k-€28k▼ 62.7%€120k▲ 325%€29k▼ 75.6%€62k▲ 111%
Net result€49k-€9k▼ 80.7%€96k▲ 915%€16k▼ 83.7%€31k▲ 95.6%
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 recovers in 2024; 2024 is 111% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €762k
Fixed assets
€121k▼ 34.5%
Current assets
€642k▲ 7.6%
Equity and liabilities €762k
Equity
€399k▲ 8.3%
Debt
€363k▼ 11.8%
The debt ratio falls from 52.8% to 47.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€129k▲
2023 · €113k
Cash flow
€98k▼
2023 · €100k
Solvency
52.3%▲
2023 · 47.2%
Current ratio
2.20▲
2023 · 2.03
Quick ratio
1.95▲
2023 · 1.51
Debt / equity
0.91▼
2023 · 1.12
ROE
7.7%▲
2023 · 4.2%
ROA
4.0%▲
2023 · 2.0%
Interest coverage
8.94▼
2023 · 13.56
Debt
€363k▼
2023 · €412k
Debt ≤ 1 year
€291k▼
2023 · €294k
Debt > 1 year
€72k▼
2023 · €118k
Income taxes
€19k▲
2023 · €9k
Staff costs
€457k▲
2023 · €412k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€780k€762k▼
Fixed assets21/28€184k€121k▼
Tangible fixed assets22/27€183k€120k▼
Plant, machinery and equipment23€43k€30k▼
Furniture and vehicles24€5k€3k▼
Leasing and similar rights25€136k€87k▼
Financial fixed assets28€635€635=
Current assets29/58€596k€642k▲
Stocks and contracts in progress3€153k€73k▼
Stocks30/36€70k€53k▼
Contracts in progress37€83k€20k▼
Amounts receivable within one year40/41€371k€472k▲
Trade receivables40€285k€217k▼
Other amounts receivable41€86k€255k▲
Cash at bank and in hand54/58€42k€96k▲
Deferred charges and accrued income490/1€30k€0▼
Equity and liabilities
Total equity and liabilities10/49€780k€762k▼
Equity10/15€368k€399k▲
Contributions10/11€20k€20k=
Reserves13€348k€379k▲
Distributable reserves133€348k€379k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€412k€363k▼
Amounts payable after more than one year17€118k€72k▼
Financial debts170/4€118k€72k▼
Amounts payable within one year42/48€294k€291k▼
Current portion of amounts payable after more than one year42€46k€47k▲
Financial debts43-€125k
Credit institutions430/8-€125k
Trade debts44€201k€78k▼
Suppliers440/4€201k€78k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€23k€16k▼
Taxes450/3€10k€9k▼
Remuneration and social security454/9€12k€7k▼
Other amounts payable47/48€23k€25k▲
Income statement
Code20232024
Non-recurring operating income76A€4k€0▼
Remuneration, social security and pensions62€412k€457k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€84k€67k▼
Other operating charges640/8€15k€10k▼
Non-recurring operating charges66A-€22k
Gross operating margin9900€539k€618k▲
Operating profit (loss)9901€29k€62k▲
Financial income75/76B€4k€2k▼
Recurring financial income75€4k€2k▼
Financial charges65/66B€8k€14k▲
Recurring financial charges65€8k€14k▲
Profit (loss) for the period before taxes9903€25k€49k▲
Income taxes67/77€9k€19k▲
Profit (loss) for the period9904€16k€31k▲
Profit (loss) for the period to be appropriated9905€16k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€31k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€16k€31k▲
To other reserves6921€16k€31k▲
Profit to be distributed694/7€0-
Directors or managers695€0-
Social balance
Average headcount (FTE)90877.07.3▲
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Highest result since 2018net €96k ▲915%
Operating result €120k, net result €96k, both a record.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €9k ▼80.7%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 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, Damme · 1 establishment unit since 2009
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.
Weststraat 88340 DammeGround area
668 m²
Building footprint
159 m²
Volume, LiDAR
975 m³
Parcel 31019D0828/00F000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TDL PROJECTS
since 20092.178.094.517
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31019D0828/00F000 | Flanders | 668 m² | 1 · 159 m² | 9.4 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 1,903 EUR awarded · 1,852 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 335 EUR | 284 EUR |
| 2024 | 1 | 1,174 EUR | 1,174 EUR |
| 2022 | 1 | 394 EUR | 394 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
8 categoriesTDL PROJECTS BV31750
Similar companies · same sector, comparable size
BOUWONDERNEMING MARK RAATS
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DELTA - BATI
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Criel Invest
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PMPLT
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Ans · Eq €398k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 9,976 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-04-2009
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43110Demolition
43230Insulation installation
43291Specialised construction activities
43320Joinery installation
43410Roofing work
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.