TDM Logistics
ActiveSummary
TDM Logistics has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €159k and a net result of €72k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 30% of 960 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+10
Solvency45▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.08 against 0.18 in 2024; short-term debt: 47.2% and cash: 0.1% of total assets), and 79.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three 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 52
Relative position
BE, all sectors
reference
Sector 52
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
20.1%
Return on assets
9.1%
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 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
22 d late
2023
22 d late
2022
2 d early
2021
3 d early
2020
12 d late
2019
12 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€159k▲ 82.8%
2024 · €87k
2018: €69k
2019: €67k
2020: €65k
2021: €66k
2022: €80k
2023: €83k
2024: €87k
2018 → 2025
Total assets
€791k▲ 41.6%
2024 · €559k
2018: €80k
2019: €67k
2020: €65k
2021: €556k
2022: €566k
2023: €550k
2024: €559k
2018 → 2025
Net result
€72k▲ 1,591%
2024 · €4k
2018: €2k
2019: €-2k
2020: €-2k
2021: €1k
2022: €14k
2023: €3k
2024: €4k
2018 → 2025
Working capital
€-342k▼ 127%
2024 · €-151k
2018: €70k
2019: €67k
2021: €-112k
2022: €-118k
2023: €-123k
2024: €-151k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€66k-€80k▲ 21.3%€83k▲ 3.3%€87k▲ 5.1%€159k▲ 82.8%
Operating result€6k-€23k▲ 292%€10k▼ 55.0%€11k▲ 5.9%€102k▲ 838%
Net result€1k-€14k▲ 1,247%€3k▼ 81.4%€4k▲ 62.9%€72k▲ 1,591%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 838% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €791k
Fixed assets
€760k ▲ 44.6%
Current assets
€31k ▼ 6.5%
Equity and liabilities €791k
Equity
€159k ▲ 82.8%
Debt
€632k ▲ 34.0%
Debt's share of the balance-sheet total falls from 84.5% to 79.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€137k▲
2024 · €39k
Cash flow
€107k▲
2024 · €32k
Current ratio
0.08▼
2024 · 0.18
Debt to equity
3.98▼
2024 · 5.43
ROE
45.3%▲
2024 · 4.9%
ROA
9.1%▲
2024 · 0.8%
Interest coverage
29.97▲
2024 · 7.75
Debt ≤ 1 year
€373k▲
2024 · €184k
Debt > 1 year
€259k▼
2024 · €287k
Income taxes
€25k▲
2024 · €2k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€559k€791k▲
Fixed assets21/28€526k€760k▲
Tangible fixed assets22/27€525k€759k▲
Land and buildings22€493k€733k▲
Plant, machinery and equipment23€16k€15k▼
Furniture and vehicles24€17k€11k▼
Financial fixed assets28€522€944▲
Current assets29/58€33k€31k▼
Amounts receivable within one year40/41€25k€28k▲
Trade receivables40€24k€28k▲
Other amounts receivable41€1k€554▼
Cash at bank and in hand54/58€5k€868▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€559k€791k▲
Equity10/15€87k€159k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€66k€138k▲
Amounts payable17/49€472k€632k▲
Amounts payable after more than one year17€287k€259k▼
Financial debts170/4€287k€259k▼
Amounts payable within one year42/48€184k€373k▲
Current portion of amounts payable after more than one year42€27k€27k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€8k€11k▲
Taxes450/3€6k€10k▲
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€147k€331k▲
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€35k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€42k€140k▲
Operating profit (loss)9901€11k€102k▲
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€6k€97k▲
Income taxes67/77€2k€25k▲
Profit (loss) for the period9904€4k€72k▲
Profit (loss) for the period to be appropriated9905€4k€72k▲
Appropriation of the result
Profit (loss) to be appropriated9906€66k€138k▲
Profit (loss) brought forward from the previous period14P€62k€66k▲
The notes to these accounts (8 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Highest result since 2018net €72k ▲1591%
Operating result €102k, net result €72k, both a record.
31-12
Financial
Equity above €150kEq €159k ▲82.8%
5 profitable years in a row build equity to €159k.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
29-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
31-12
Financial
Weakest financial yearnet €-2k ▼208%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 337current ratio 2585.77
Current ratio from 7.68 to 2585.77; short-term debt falls from €10k to €26.
Show earlier events
07-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Dilbeek · 1 establishment unit since 2016
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.
Krekelendries 301700 DilbeekGround area
1,254 m²
Building footprint
134 m²
Volume, LiDAR
826 m³
Parcel 23079B0025/00N000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Krekelendries 30, 1700 Dilbeek
since 20162.252.020.987
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23079B0025/00N000 | Flanders | 1,254 m² | 1 · 134 m² | 9.7 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.
Similar companies · same sector, comparable size
ER Holding
BE 0801.634.922
Aartselaar · Eq €159,193
BROINTERMED LINES AGENCIES
BE 0479.906.510
Antwerpen · Eq €157,954
SEVENS ALL DRINKS
BE 0475.850.227
Lommel · Eq €157,895
ADD Port Handeling
BE 0800.205.161
Sint-Gillis-Waas · Eq €159,814
NPRC België
BE 0670.666.512
Antwerpen · Eq €160,675
Of 3,190 companies in sector 52250 we hold annual accounts for 1,955. 1,440 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
Founded31-03-2016
Fiscal year end31-12
Activities, NACEBEL 2025
52250Logistics services
49410Freight transport by road
49420Removal services
52100Warehousing and storage
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.