Skip to content

TGD et isolation

Active
Private limited companyfounded 200818 yrs activeRoute de Mons 21, 6560 Erquelinnes, BelgiumKBO/BCE: BE 0895.745.708
Summary

TGD et isolation has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€39,869) and a net result of -€106. Equity is shrinking by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 9557 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability23▼-15
Solvency0=
Growth47=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Age of the figures
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 18 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€39,869
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 d early
2024
7 d early
2023
5 d early
2022
6 d early
2021
29 d late
2020
20 d late
2019
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

TGD et isolation was incorporated on 13 February 2008.1 Revenue went from EUR 7,816 in 2018 to EUR 7,187 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Turnover
€7,187▼ 25.1%
2021 · €9,597
EBIT margin
-4.7%▼ 20.1pp
2021 · 15.4%
Net result
-€106
2024 · €0
Working capital
-€39,763=
2024 · -€39,763
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€9,597▲ 86.4%€7,187▼ 25.1%
Operating result€1,476-€340-€1,966▼ 478%€0-€66
Net result-€1,355below the sector's middle half▲ 53.4%€63below the sector's middle half-€3,591below the sector's middle half€0below the sector's middle half-€106below the sector's middle half
EBIT margin15.4%▲ 50.4pp-4.7%▼ 20.1pp
Equity-€36,236below the sector's middle half▼ 3.9%-€36,172below the sector's middle half▲ 0.2%-€39,763below the sector's middle half▼ 9.9%-€39,763below the sector's middle half=-€39,869below the sector's middle half▼ 0.3%
Total assets€2,763below the sector's middle half▲ 76.8%€2,173below the sector's middle half▼ 21.3%€1,795below the sector's middle half▼ 17.4%€1,795below the sector's middle half=€1,795below the sector's middle half=
Debt€38,999▲ 7.0%€38,345▼ 1.7%€41,558▲ 8.4%€41,558=€41,664▲ 0.3%
Working capital-€34,576below the sector's middle half▼ 2.5%-€34,513below the sector's middle half▲ 0.2%-€39,763below the sector's middle half▼ 15.2%-€39,763below the sector's middle half=-€39,763below the sector's middle half=
Solvency
Current ratio
Return on assets (ROA)
above within below the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€4,000-€2,000€0€2,000Operating result 2021: €1,476€1,476Net result 2021: -€1,355-€1,355Operating result 2022: -€340-€340Net result 2022: €63€63Operating result 2023: -€1,966-€1,966Net result 2023: -€3,591-€3,591Operating result 2024: €0€0Net result 2024: €0€0Operating result 2025: -€66-€66Net result 2025: -€106-€10620212022202320242025-€4,000-€3,000-€2,000-€1,000€0Operating result 2023: -€1,966-€1,970Net result 2023: -€3,591-€3,590Operating result 2024: €0€0Net result 2024: €0€0Operating result 2025: -€66-€66Net result 2025: -€106-€106202320242025
The operating result turns negative in 2025: a loss of €66 after €0 in 2024.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€41,558=
2024 · €41,558
Ratios withheld: a balance sheet total of €1,795 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,338 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a small loss
2.5% went bankrupt
5.6% stopped otherwise
90% still going

A further 1.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 2,338 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€1,795€1,795=
Current assets29/58€1,795€1,795=
Amounts receivable within one year40/41€473€473=
Trade receivables40-€473
Other amounts receivable41€473-
Cash at bank and in hand54/58€1,322€1,322=
Equity and liabilities
Total equity and liabilities10/49€1,795€1,795=
Equity10/15-€39,763-€39,869▼
Contributions10/11€6,200€6,200=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14-€47,823-€47,929▼
Amounts payable17/49€41,558€41,664▲
Amounts payable within one year42/48€41,558€41,558=
Taxes, remuneration and social security45€159€159=
Taxes450/3€159€159=
Other amounts payable47/48€41,399€41,399=
Accrued charges and deferred income492/3-€106
Income statement Code20242025
Non-recurring operating income76A€0-
Other operating charges640/8€0€66▲
Gross operating margin9900€0-
Operating profit (loss)9901€0-€66▼
Financial charges65/66B€0€40▲
Recurring financial charges65€0€40▲
Profit (loss) for the period before taxes9903€0-€106▼
Income taxes67/77€0-
Profit (loss) for the period9904€0-€106▼
Profit (loss) for the period to be appropriated9905€0-€106▼
Appropriation of the result
Profit (loss) to be appropriated9906-€47,823-€47,929▼
Profit (loss) brought forward from the previous period14P-€47,823-€47,823=

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€9,597€7,187----
Non-recurring operating income76A--€2,010€0--
Goods, raw materials, services and sundry goods60/61€7,114€5,300----
Other operating charges640/8€1,008€1,244€1,874€0€66-
Gross operating margin9900€2,483€904-€92€0--
Operating profit (loss)9901€1,476-€340-€1,966€0-€66-
Financial charges65/66B€1,814€88€87€0€40-
Recurring financial charges65€1,814€88€87€0€40-
Profit (loss) for the period before taxes9903-€338-€428-€2,053€0-€106-
Income taxes67/77€1,017-€491€1,537€0--
Profit (loss) for the period9904-€1,355€63-€3,591€0-€106-
Profit (loss) for the period to be appropriated9905-€1,355€63-€3,591€0-€106-
Line20212022202320242025Change
Assets
Total assets20/58€2,763€2,173€1,795€1,795€1,795=
Current assets29/58€2,763€2,173€1,795€1,795€1,795=
Amounts receivable within one year40/41€1,045-€473€473€473=
Trade receivables40----€473-
Other amounts receivable41€1,045-€473€473--
Current investments50/53€0-----
Cash at bank and in hand54/58€1,718€2,173€1,322€1,322€1,322=
Equity and liabilities
Total equity and liabilities10/49€2,763€2,173€1,795€1,795€1,795=
Equity10/15-€36,236-€36,172-€39,763-€39,763-€39,869▼ 0.3%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Capital10€6,200€6,200----
Issued capital100€18,600€18,600----
Uncalled capital101€12,400€12,400----
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Legal reserve130€1,860€1,860----
Reserves not available under the articles1311--€1,860€1,860€1,860=
Profit (loss) carried forward14-€44,296-€44,232-€47,823-€47,823-€47,929▼ 0.2%
Amounts payable17/49€38,999€38,345€41,558€41,558€41,664▲ 0.3%
Amounts payable within one year42/48€37,339€36,686€41,558€41,558€41,558=
Trade debts44-€1,123----
Suppliers440/4-€1,123----
Taxes, remuneration and social security45-€242€159€159€159=
Taxes450/3-€242€159€159€159=
Other amounts payable47/48€37,339€35,321€41,399€41,399€41,399=
Accrued charges and deferred income492/3€1,660€1,659--€106-
Line20212022202320242025Change
Profit (loss) for the period9904-€1,355€63-€3,591€0-€106-
Operating cash flow (approximation)-€1,355€63-€3,591€0-€106-
Change in cash-€455-€851€0€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
29-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
24-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Back to profitnet €63
Net result €63 after 4 loss-making years.
29-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
20-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
30-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
28-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
26-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Erquelinnes · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
3,536 m²
Building footprint
239 m²
Volume, LiDAR
1,364 m³
2 parcels, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Clairconsult
Computing infrastructure, data processing, hosting and other information service activities
since 20082.169.696.394
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55027B0108/00H000 Wallonia 3,224 m² 1 · 137 m² 8.1 m · 2 fl.
56054B0174/00X000 Wallonia 312 m² 1 · 102 m² 4.9 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded13-02-2008
Fiscal year end30-06
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.