Turnover
The micro format states no turnover.
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The micro format states no turnover.
Short-term debts fell from €15,149 to €5,689.
In July 2024, 39,278 companies had the same profile as TGD GROUP has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for TGD GROUP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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| Company | ||||
|---|---|---|---|---|
| TGD GROUP Asse | €21,271 | €15,607 | 73.3% | - |
| N&M RECY Wemmel | €23,191 | €17,621 | 80.1% | - |
| Wens Depannage Dilbeek | €22,321 | €14,896 | 49.1% | - |
| RY.RE COMPANY Ternat | €19,210 | €28,428 | 5.2% | - |
| VOYAGO Charleroi | €17,654 | €12,452 | 68.5% | - |
| C-MICK Braine-le-Château | €24,431 | €25,813 | 48.5% | - |
| TITRE D'ELEGANCE Kraainem | €22,682 | €12,266 | 66.2% | - |
These companies have the same main activity as TGD GROUP: service activities incidental to land transportation (NACE 52210). They are comparable in size and age: total assets between €17,700 and €24,400, founded between 2022 and 2024.
The 2025 annual accounts show equity of €15,582 and a net result of €5,086. Its solvency ranks better than 76% of 1,191 sector peers (NACE 52, financial year 2025).
The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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