TDR
ActiveSummary
The computed 12-month bankruptcy probability of TDR is 2.8% (moderate). The 2024 annual accounts show equity of €252,592 and a net result of €41,778. Equity is growing by ~27.4% per year across the filed fiscal years. Its solvency ranks better than 28% of 36380 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability74▼-4
Solvency52▲+6
Growth52=
Track record94
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity tight (current ratio 1.07 against 0.92 in 2023; short-term debt: 45.9% and cash: 11.3% of total assets), and 73.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 19-06-2025, 42 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
28 d late
2022
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 5 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
In the rankings
#1 company by total assets in Bassenge, Construction sector#4 company by equity in Bassenge, Construction sector
Equity
€252,592▲ 19.8%
2023 · €210,814
Total assets
€938,447▼ 8.4%
2023 · €1.0m
Net result
€41,778▼ 43.2%
2023 · €73,542
Working capital
€29,379
2023 · -€37,493
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202220232024
Operating result€162,129-€125,616▼ 22.5%€76,002▼ 39.5%
Net result€131,272-€73,542▼ 44.0%€41,778▼ 43.2%
Equity€137,272-€210,814▲ 53.6%€252,592▲ 19.8%
Total assets€1.2m-€1.0m▼ 13.0%€938,447▼ 8.4%
Debt€1.0m-€814,185▼ 21.8%€685,855▼ 15.8%
Working capital-€79,298--€37,493▲ 52.7%€29,379
Staff (FTE)3.13.9▲ 25.8%
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; 2024 is 39% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €938,447
Fixed assets
€478,575 ▼ 19.1%
Current assets
€459,872 ▲ 6.1%
Equity and liabilities €938,447
Equity
€252,592 ▲ 19.8%
Debt
€685,855 ▼ 15.8%
Debt's share of the balance-sheet total falls from 79.4% to 73.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€259,189▼
2023 · €289,389
Cash flow
€224,965▼
2023 · €237,315
Current ratio
1.07▲
2023 · 0.92
Debt to equity
2.72▼
2023 · 3.86
ROE
16.5%▼
2023 · 34.9%
ROA
4.5%▼
2023 · 7.2%
Interest coverage
14.57▲
2023 · 11.38
Debt ≤ 1 year
€430,493▼
2023 · €470,805
Debt > 1 year
€255,362▼
2023 · €343,380
Income taxes
€16,847▼
2023 · €26,920
Staff costs
€226,921▲
2023 · €183,062
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,541 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 95% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
3.3%
went bankrupt
1.1%
stopped otherwise
95%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.8% 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 497,058 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% | 1.6% |
| 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 74% 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 2,541 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 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €146,721 | €183,062 | €226,921 | ▲ 24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €85,392 | €163,773 | €183,187 | ▲ 11.9% |
| Other operating charges640/8 | €5,883 | €6,497 | €7,163 | ▲ 10.2% |
| Gross operating margin9900 | €400,125 | €478,948 | €493,273 | ▲ 3.0% |
| Operating profit (loss)9901 | €162,129 | €125,616 | €76,002 | ▼ 39.5% |
| Financial income75/76B | €215 | €281 | €414 | ▲ 47.1% |
| Recurring financial income75 | €215 | €281 | €414 | ▲ 47.1% |
| Financial charges65/66B | €4,844 | €25,435 | €17,790 | ▼ 30.1% |
| Recurring financial charges65 | €4,844 | €25,435 | €17,790 | ▼ 30.1% |
| Profit (loss) for the period before taxes9903 | €157,501 | €100,462 | €58,625 | ▼ 41.6% |
| Income taxes67/77 | €26,229 | €26,920 | €16,847 | ▼ 37.4% |
| Profit (loss) for the period9904 | €131,272 | €73,542 | €41,778 | ▼ 43.2% |
| Profit (loss) for the period to be appropriated9905 | €131,272 | €73,542 | €41,778 | ▼ 43.2% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1.2m | €1.0m | €938,447 | ▼ 8.4% |
| Fixed assets21/28 | €639,016 | €591,687 | €478,575 | ▼ 19.1% |
| Tangible fixed assets22/27 | €639,016 | €591,687 | €478,550 | ▼ 19.1% |
| Plant, machinery and equipment23 | €618,080 | €520,995 | €410,816 | ▼ 21.1% |
| Furniture and vehicles24 | €20,936 | €70,692 | €67,734 | ▼ 4.2% |
| Financial fixed assets28 | - | - | €25 | - |
| Current assets29/58 | €539,598 | €433,311 | €459,872 | ▲ 6.1% |
| Amounts receivable within one year40/41 | €494,310 | €351,899 | €342,435 | ▼ 2.7% |
| Trade receivables40 | €429,160 | €315,548 | €322,126 | ▲ 2.1% |
| Other amounts receivable41 | €65,150 | €36,350 | €20,309 | ▼ 44.1% |
| Cash at bank and in hand54/58 | €42,044 | €53,765 | €106,488 | ▲ 98.1% |
| Deferred charges and accrued income490/1 | €3,245 | €27,648 | €10,948 | ▼ 60.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1.2m | €1.0m | €938,447 | ▼ 8.4% |
| Equity10/15 | €137,272 | €210,814 | €252,592 | ▲ 19.8% |
| Contributions10/11 | €6,000 | €6,000 | €6,000 | = |
| Outside capital11 | €6,000 | - | - | - |
| Other1109/19 | €6,000 | - | - | - |
| Reserves13 | €131,272 | €204,814 | €246,592 | ▲ 20.4% |
| Distributable reserves133 | €131,272 | €204,814 | €246,592 | ▲ 20.4% |
| Amounts payable17/49 | €1.0m | €814,185 | €685,855 | ▼ 15.8% |
| Amounts payable after more than one year17 | €422,447 | €343,380 | €255,362 | ▼ 25.6% |
| Financial debts170/4 | €422,447 | €343,380 | €255,362 | ▼ 25.6% |
| Amounts payable within one year42/48 | €618,896 | €470,805 | €430,493 | ▼ 8.6% |
| Current portion of amounts payable after more than one year42 | €131,846 | €134,566 | €134,736 | ▲ 0.1% |
| Trade debts44 | €269,618 | €143,732 | €108,840 | ▼ 24.3% |
| Suppliers440/4 | €269,618 | €143,732 | €108,840 | ▼ 24.3% |
| Taxes, remuneration and social security45 | €49,907 | €75,974 | €60,951 | ▼ 19.8% |
| Taxes450/3 | €34,379 | €58,414 | €49,032 | ▼ 16.1% |
| Remuneration and social security454/9 | €15,528 | €17,559 | €11,919 | ▼ 32.1% |
| Other amounts payable47/48 | €167,526 | €116,534 | €125,965 | ▲ 8.1% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €131,272 | €73,542 | €41,778 | ▼ 43.2% |
| + Depreciation and write-downs630 | €85,392 | €163,773 | €183,187 | ▲ 11.9% |
| Operating cash flow (approximation) | €216,664 | €237,315 | €224,965 | ▼ 5.2% |
| Investment in fixed assets (approximation) | - | -€116,444 | -€70,075 | ▲ 39.8% |
| Change in cash | - | €11,721 | €52,724 | ▲ 350% |
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
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €41,778 ▼43.2%
Net result drops to €41,778, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Equity above €200,000Eq €210,814 ▲53.6%
2 profitable years in a row build equity to €210,814.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Bassenge · 1 establishment unit since 2022
Ground area
1,391 m²
Building footprint
431 m²
Volume, LiDAR
3,089 m³
Parcel 62116C0001/00F000, Wallonia · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
TDR
since 20222.328.511.922
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62116C0001/00F000 | Wallonia | 1,391 m² | 1 · 431 m² | 10.8 m · 2 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.
Recognitions · licences · registrations
Recognised contractor
18 categoriesTDR SRL42643
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Of 8,464 companies in sector 43120 we hold annual accounts for 3,232. 2,516 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
Founded03-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
08121Other mining and quarrying
08122Other mining and quarrying
42110Construction of roads and motorways
42219Civil engineering
42220Construction of utility projects for electricity and telecommunications
42911Civil engineering
43110Demolition
43221Plumbing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0782849188
Also
9925:BE0782849188
Registered
20-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.