TDN SERVICES
ActiveSummary
TDN SERVICES has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32k and a net result of €10k. Equity is shrinking by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 14% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability48▼-7
Solvency33▼-16
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.59 against 1.68 in 2024; short-term debt: 23.8% and cash: 2.8% of total assets), and 91.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
8.1%
Return on assets
2.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 17090 sector peers (2025).
NBB · sector comparisonPosition among 17090 sector peers
Solvency
better than 14%
← weakest
strongest →
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
24 d early
2023
9 d early
2022
20 d early
2021
30 d early
2020
18 d early
2019
88 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€32k▼ 66.8%
2024 · €96k
2018: €80k
2019: €80k● +0.0% vs 2018
2020: €73k▼ -9.2% vs 2019
2021: €58k▼ -20.4% vs 2020
2022: €59k▲ +2.9% vs 2021
2023: €79k▲ +32.2% vs 2022
2024: €96k▲ +22.4% vs 2023highest in 8 years
2025: €32k▼ -66.8% vs 2024lowest in 8 years
2018 → 2025
Total assets
€395k▼ 0.4%
2024 · €396k
2018: €189k
2019: €153k▼ -19.0% vs 2018
2020: €157k▲ +2.7% vs 2019
2021: €150k▼ -4.7% vs 2020lowest in 8 years
2022: €419k▲ +180% vs 2021
2023: €421k▲ +0.5% vs 2022highest in 8 years
2024: €396k▼ -5.8% vs 2023
2025: €395k▼ -0.4% vs 2024
2018 → 2025
Net result
€10k▼ 43.8%
2024 · €18k
2018: €14k
2019: €3▼ -100.0% vs 2018lowest in 8 years
2020: €18k▲ +608677% vs 2019
2021: €17k▼ -3.7% vs 2020
2022: €2k▼ -90.2% vs 2021
2023: €19k▲ +1044% vs 2022highest in 8 years
2024: €18k▼ -8.1% vs 2023
2025: €10k▼ -43.8% vs 2024
2018 → 2025
Working capital
€-38k
2024 · €20k
2018: €51k
2019: €28k▼ -44.2% vs 2018
2020: €55k▲ +96.0% vs 2019
2021: €66k▲ +19.1% vs 2020highest in 8 years
2022: €13k▼ -79.5% vs 2021
2023: €20k▲ +49.2% vs 2022
2024: €20k▲ +0.2% vs 2023
2025: €-38k▼ -289% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€58k-€59k▲ 2.9%€79k▲ 32.2%€96k▲ 22.4%€32k▼ 66.8%
2021: €58k
2022: €59k▲ +2.9% vs 2021
2023: €79k▲ +32.2% vs 2022
2024: €96k▲ +22.4% vs 2023highest in 5 years
2025: €32k▼ -66.8% vs 2024lowest in 5 years
Operating result€25k-€8k▼ 68.2%€40k▲ 404%€39k▼ 3.7%€28k▼ 27.1%
2021: €25k
2022: €8k▼ -68.2% vs 2021lowest in 5 years
2023: €40k▲ +404% vs 2022highest in 5 years
2024: €39k▼ -3.7% vs 2023
2025: €28k▼ -27.1% vs 2024
Net result€17k-€2k▼ 90.2%€19k▲ 1,044%€18k▼ 8.1%€10k▼ 43.8%
2021: €17k
2022: €2k▼ -90.2% vs 2021lowest in 5 years
2023: €19k▲ +1044% vs 2022highest in 5 years
2024: €18k▼ -8.1% vs 2023
2025: €10k▼ -43.8% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 27% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €395k
Fixed assets
€339k ▼ 2.2%
Current assets
€56k ▲ 11.4%
Equity and liabilities €395k
Equity
€32k ▼ 66.8%
Debt
€363k ▲ 20.8%
Debt's share of the balance-sheet total rises from 75.7% to 91.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€44k▼
2024 · €55k
Cash flow
€25k▼
2024 · €34k
Current ratio
0.59▼
2024 · 1.68
Quick ratio
0.46▼
2024 · 1.16
Debt to equity
11.38▲
2024 · 3.12
ROE
31.0%▲
2024 · 18.3%
ROA
2.5%▼
2024 · 4.4%
Interest coverage
3.13▼
2024 · 3.68
Debt ≤ 1 year
€94k▲
2024 · €30k
Debt > 1 year
€264k▼
2024 · €267k
Income taxes
€5k▼
2024 · €6k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€396k€395k▼
Fixed assets21/28€346k€339k▼
Tangible fixed assets22/27€346k€338k▼
Land and buildings22€304k€297k▼
Plant, machinery and equipment23€23k€20k▼
Furniture and vehicles24€5k€8k▲
Other tangible fixed assets26€13k€13k=
Financial fixed assets28€701€701=
Current assets29/58€50k€56k▲
Stocks and contracts in progress3€15k€12k▼
Stocks30/36€15k€12k▼
Amounts receivable within one year40/41€24k€32k▲
Trade receivables40€18k€24k▲
Other amounts receivable41€6k€7k▲
Cash at bank and in hand54/58€10k€11k▲
Deferred charges and accrued income490/1€863€320▼
Equity and liabilities
Total equity and liabilities10/49€396k€395k▼
Equity10/15€96k€32k▼
Contributions10/11€20k€20k=
Reserves13€76k€12k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€74k€10k▼
Amounts payable17/49€300k€363k▲
Amounts payable after more than one year17€267k€264k▼
Financial debts170/4€267k€264k▼
Amounts payable within one year42/48€30k€94k▲
Current portion of amounts payable after more than one year42€15k€16k▲
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Taxes, remuneration and social security45€10k€11k▲
Taxes450/3€10k€11k▲
Other amounts payable47/48-€65k
Accrued charges and deferred income492/3€3k€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€15k▼
Other operating charges640/8€7k€2k▼
Gross operating margin9900€62k€46k▼
Operating profit (loss)9901€39k€28k▼
Financial income75/76B€15€2▼
Recurring financial income75€15€2▼
Financial charges65/66B€15k€14k▼
Recurring financial charges65€15k€14k▼
Profit (loss) for the period before taxes9903€24k€14k▼
Income taxes67/77€6k€5k▼
Profit (loss) for the period9904€18k€10k▼
Profit (loss) for the period to be appropriated9905€18k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€10k▼
Transfer from equity791/2-€74k
Transfer to equity691/2€18k€10k▼
To other reserves6921€18k€10k▼
Profit to be distributed694/7-€74k
Return on contributions (dividend)694-€74k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27k | €28k | €14k | €16k | €15k | ▼ 5.1% |
| Other operating charges640/8 | €1k | €4k | €4k | €7k | €2k | ▼ 63.9% |
| Gross operating margin9900 | €53k | €40k | €59k | €62k | €46k | ▼ 25.4% |
| Operating profit (loss)9901 | €25k | €8k | €40k | €39k | €28k | ▼ 27.1% |
| Financial income75/76B | €40 | €3k | €0 | €15 | €2 | ▼ 85.2% |
| Recurring financial income75 | €40 | €3k | €0 | €15 | €2 | ▼ 85.2% |
| Financial charges65/66B | €2k | €7k | €14k | €15k | €14k | ▼ 6.9% |
| Recurring financial charges65 | €2k | €7k | €14k | €15k | €14k | ▼ 6.9% |
| Profit (loss) for the period before taxes9903 | €23k | €4k | €26k | €24k | €14k | ▼ 39.8% |
| Income taxes67/77 | €6k | €2k | €7k | €6k | €5k | ▼ 28.6% |
| Profit (loss) for the period9904 | €17k | €2k | €19k | €18k | €10k | ▼ 43.8% |
| Profit (loss) for the period to be appropriated9905 | €17k | €2k | €19k | €18k | €10k | ▼ 43.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €150k | €419k | €421k | €396k | €395k | ▼ 0.4% |
| Fixed assets21/28 | €46k | €348k | €346k | €346k | €339k | ▼ 2.2% |
| Tangible fixed assets22/27 | €46k | €348k | €346k | €346k | €338k | ▼ 2.2% |
| Land and buildings22 | €9k | €322k | €313k | €304k | €297k | ▼ 2.5% |
| Plant, machinery and equipment23 | €1k | €553 | €10k | €23k | €20k | ▼ 11.7% |
| Furniture and vehicles24 | €22k | €11k | €9k | €5k | €8k | ▲ 63.9% |
| Other tangible fixed assets26 | €13k | €13k | €13k | €13k | €13k | = |
| Financial fixed assets28 | €701 | €701 | €701 | €701 | €701 | = |
| Current assets29/58 | €103k | €70k | €74k | €50k | €56k | ▲ 11.4% |
| Stocks and contracts in progress3 | €12k | €15k | €15k | €15k | €12k | ▼ 19.8% |
| Stocks30/36 | €12k | €15k | €15k | €15k | €12k | ▼ 19.8% |
| Amounts receivable within one year40/41 | €45k | €42k | €35k | €24k | €32k | ▲ 35.9% |
| Trade receivables40 | €38k | €30k | €30k | €18k | €24k | ▲ 37.7% |
| Other amounts receivable41 | €6k | €12k | €5k | €6k | €7k | ▲ 30.6% |
| Cash at bank and in hand54/58 | €46k | €11k | €24k | €10k | €11k | ▲ 8.4% |
| Deferred charges and accrued income490/1 | €314 | €2k | - | €863 | €320 | ▼ 62.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €150k | €419k | €421k | €396k | €395k | ▼ 0.4% |
| Equity10/15 | €58k | €59k | €79k | €96k | €32k | ▼ 66.8% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Reserves13 | €38k | €39k | €59k | €76k | €12k | ▼ 84.4% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €36k | €37k | €57k | €74k | €10k | ▼ 86.7% |
| Amounts payable17/49 | €92k | €359k | €342k | €300k | €363k | ▲ 20.8% |
| Amounts payable after more than one year17 | €43k | €301k | €286k | €267k | €264k | ▼ 1.1% |
| Financial debts170/4 | €43k | €301k | €286k | €267k | €264k | ▼ 1.1% |
| Amounts payable within one year42/48 | €37k | €57k | €54k | €30k | €94k | ▲ 215% |
| Current portion of amounts payable after more than one year42 | - | €14k | €14k | €15k | €16k | ▲ 4.0% |
| Financial debts43 | €87 | €245 | - | - | - | - |
| Credit institutions430/8 | €87 | €245 | - | - | - | - |
| Trade debts44 | €23k | €19k | €22k | €5k | €2k | ▼ 59.2% |
| Suppliers440/4 | €23k | €19k | €22k | €5k | €2k | ▼ 59.2% |
| Taxes, remuneration and social security45 | €8k | €11k | €9k | €10k | €11k | ▲ 10.4% |
| Taxes450/3 | €8k | €11k | €9k | €10k | €11k | ▲ 10.4% |
| Other amounts payable47/48 | €6k | €13k | €9k | - | €65k | - |
| Accrued charges and deferred income492/3 | €12k | €2k | €2k | €3k | €5k | ▲ 39.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €2k | €19k | €18k | €10k | ▼ 43.8% |
| + Depreciation and write-downs630 | €27k | €28k | €14k | €16k | €15k | ▼ 5.1% |
| Operating cash flow (approximation) | €44k | €30k | €34k | €34k | €25k | ▼ 25.3% |
| Investment in fixed assets (approximation) | - | €-330k | €-13k | €-16k | €-8k | ▲ 51.9% |
| Change in cash | - | €-35k | €13k | €-14k | €847 | ▲ 106% |
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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €19k ▲1,044%
Operating result €40k, net result €19k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
31-12
Financial
Weakest financial yearnet €3 ▼100%
Net result drops to €3, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
13-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 44 days late
2017
28-07
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 2 acts read
About the unread acts
We know of 2 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
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, Aalst · 1 establishment unit since 2016
Ground area
745 m²
Building footprint
177 m²
Volume, LiDAR
740 m³
Parcel 41047C1019/00P000, Flanders · tallest building 8.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Kwalenhoekstraat 1, 9320 Aalst
since 20162.250.000.221
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41047C1019/00P000 | Flanders | 745 m² | 1 · 177 m² | 8.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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 · 4 entries · 440 EUR awarded · 440 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 85 EUR | 85 EUR |
| 2024 | 1 | 115 EUR | 115 EUR |
| 2023 | 1 | 112 EUR | 112 EUR |
| 2022 | 1 | 128 EUR | 128 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 14,412 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
Founded20-01-2016
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.