TF Service
ActiveTF Service has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101k and a net result of €-5k. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 84% of 27446 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
62
/ 100
Healthy▲ +10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 4.14 against 10.42 in 2024), and 21.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
18192122232425
2018 to 2025 · latest year -€5k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filingsDeviation from the deadline
2025
31 d late
2024
1 d early
2023
30 d late
2022
51 d late
2021
13 d early
2019
94 d late
2018
1 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€101k▼ 4.9%
2024 · €106k
2018: €49k
2019: €49k
2021: €75k
2022: €105k
2023: €111k
2024: €106k
2018 → 2025
Total assets
€128k▼ 3.9%
2024 · €133k
2018: €103k
2019: €115k
2021: €119k
2022: €148k
2023: €145k
2024: €133k
2018 → 2025
Net result
€-5k▼ 5.2%
2024 · €-5k
2018: €36k
2019: €10k
2021: €6k
2022: €29k
2023: €6k
2024: €-5k
2018 → 2025
Working capital
€85k▼ 29.5%
2024 · €120k
2018: €39k
2019: €53k
2021: €82k
2022: €114k
2023: €123k
2024: €120k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€75k-€105k▲ 39.2%€111k▲ 6.0%€106k▼ 4.5%€101k▼ 4.9%
Operating result€14k-€41k▲ 193%€8k▼ 79.4%€-4k€-4k▼ 7.7%
Net result€6k-€29k▲ 403%€6k▼ 78.8%€-5k€-5k▼ 5.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €4k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €128k
Fixed assets
€16k▲ 21,333%
Current assets
€112k▼ 15.9%
Equity and liabilities €128k
Equity
€101k▼ 4.9%
Provisions
€0▼ 100%
Debt
€27k▲ 112%
The debt ratio rises from 9.6% to 21.1%: debt grows while equity shrinks.
Key figures and ratios
Solvency
78.9%▼
2024 · 79.7%
Current ratio
4.14▼
2024 · 10.42
Quick ratio
4.03▼
2024 · 10.18
Debt / equity
0.27▲
2024 · 0.12
ROE
-5.2%▼
2024 · -4.7%
ROA
-4.1%▼
2024 · -3.7%
Debt
€27k▲
2024 · €13k
Debt ≤ 1 year
€27k▲
2024 · €13k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€133k€128k▼
Fixed assets21/28€75€16k▲
Tangible fixed assets22/27-€16k
Furniture and vehicles24-€16k
Financial fixed assets28€75€75=
Current assets29/58€133k€112k▼
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€114k€91k▼
Trade receivables40€20k€11k▼
Other amounts receivable41€94k€80k▼
Cash at bank and in hand54/58€16k€18k▲
Equity and liabilities
Total equity and liabilities10/49€133k€128k▼
Equity10/15€106k€101k▼
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€92k€86k▼
Provisions and deferred taxes16€14k-
Provisions for liabilities and charges160/5€14k-
Environmental obligations163€14k-
Amounts payable17/49€13k€27k▲
Amounts payable within one year42/48€13k€27k▲
Trade debts44€11k€24k▲
Suppliers440/4€11k€24k▲
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k-
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-14k
Other operating charges640/8€362€2k▲
Gross operating margin9900€-2k€-17k▼
Operating profit (loss)9901€-4k€-4k▼
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€822€765▼
Recurring financial charges65€822€765▼
Profit (loss) for the period before taxes9903€-5k€-5k▼
Profit (loss) for the period9904€-5k€-5k▼
Profit (loss) for the period to be appropriated9905€-5k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€92k€86k▼
Profit (loss) brought forward from the previous period14P€96k€92k▼
The notes to these accounts (5 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
20-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 51 days late
2022
31-12
Financial
Equity above €100kEq €105k ▲39.2%
4 profitable years in a row build equity to €105k.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
02-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 94 days late
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Oudenaarde · 1 establishment unit since 2017
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.
Smarre 19700 OudenaardeGround area
1,985 m²
Building footprint
122 m²
Volume, LiDAR
723 m³
Parcel 45021C0951/00X000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TF Service
since 20172.262.021.687
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45021C0951/00X000 | Flanders | 1,985 m² | 1 · 122 m² | 8.6 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.
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DC CHAUFFAGE
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CHAUFFAGE PAQUET
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Of 6,993 companies in sector 43221 we hold annual accounts for 3,445. 3,034 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-02-2017
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.