TGVR AVOCAT
ActiveSummary
TGVR AVOCAT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €538k and a net result of €105k. Equity is growing by ~45.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 12707 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
95
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▼-4
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 12.59 against 8.93 in 2024; short-term debt: 5.5% and cash: 66.3% of total assets), and 5.5% 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← 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
94.5%
Return on assets
18.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 8 filingsDeviation from the deadline
2025
30 d late
2024
29 d late
2023
5 d late
2022
34 d early
2021
59 d early
2020
2 d early
2019
31 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€105k▼ 0.9%
2024 · €106k
2018: €17k
2019: €39k
2020: €89k
2021: €140k
2022: €97k
2023: €88k
2024: €106k
2018 → 2025
Working capital
€361k▼ 1.6%
2024 · €366k
2018: €20k
2019: €37k
2020: €113k
2021: €93k
2022: €178k
2023: €251k
2024: €366k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€146k-€241k▲ 65.3%€327k▲ 36.0%€433k▲ 32.2%€538k▲ 24.1%
Operating result€204k-€149k▼ 27.2%€132k▼ 11.3%€152k▲ 15.6%€145k▼ 4.9%
Net result€140k-€97k▼ 31.0%€88k▼ 8.7%€106k▲ 20.4%€105k▼ 0.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €569k
Fixed assets
€177k ▲ 166%
Current assets
€392k ▼ 5.1%
Equity and liabilities €569k
Equity
€538k ▲ 24.1%
Debt
€31k ▼ 32.7%
Debt's share of the balance-sheet total falls from 9.6% to 5.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€163k▼
2024 · €169k
Cash flow
€123k▼
2024 · €123k
Current ratio
12.59▲
2024 · 8.93
Debt to equity
0.06▼
2024 · 0.11
ROE
19.6%▼
2024 · 24.6%
ROA
18.5%▼
2024 · 22.2%
Interest coverage
251.57▼
2024 · 516.06
Debt ≤ 1 year
€31k▼
2024 · €46k
Income taxes
€44k▼
2024 · €47k
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€479k€569k▲
Fixed assets21/28€67k€177k▲
Tangible fixed assets22/27€63k€173k▲
Plant, machinery and equipment23€13k€12k▼
Furniture and vehicles24€12k€18k▲
Other tangible fixed assets26€38k€144k▲
Financial fixed assets28€4k€4k=
Current assets29/58€413k€392k▼
Amounts receivable within one year40/41€169€8k▲
Trade receivables40€169€8k▲
Current investments50/53€101k€500▼
Cash at bank and in hand54/58€308k€377k▲
Deferred charges and accrued income490/1€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€479k€569k▲
Equity10/15€433k€538k▲
Contributions10/11€6k€6k=
Reserves13€427k€531k▲
Non-distributable reserves130/1€870€870=
Reserves not available under the articles1311€870€870=
Distributable reserves133€426k€530k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€46k€31k▼
Amounts payable within one year42/48€46k€31k▼
Trade debts44€2k€14k▲
Suppliers440/4€2k€14k▲
Advances received on contracts in progress46€204€0▼
Taxes, remuneration and social security45€40k€14k▼
Taxes450/3€30k€14k▼
Remuneration and social security454/9€10k€0▼
Other amounts payable47/48€4k€3k▼
Accrued charges and deferred income492/3-€17
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€18k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€171k€164k▼
Operating profit (loss)9901€152k€145k▼
Financial income75/76B€1k€5k▲
Recurring financial income75€1k€5k▲
Financial charges65/66B€328€646▲
Recurring financial charges65€328€646▲
Profit (loss) for the period before taxes9903€153k€149k▼
Income taxes67/77€47k€44k▼
Profit (loss) for the period9904€106k€105k▼
Profit (loss) for the period to be appropriated9905€106k€105k▼
Appropriation of the result
Profit (loss) to be appropriated9906€106k€105k▼
Transfer from equity791/2€833€859▲
Transfer to equity691/2€106k€105k▼
To other reserves6921€106k€105k▼
Profit to be distributed694/7€833€859▲
Return on contributions (dividend)694€833€859▲
The notes to these accounts (8 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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-12
Financial
Equity above €500kEq €538k ▲24.1%
8 profitable years in a row build equity to €538k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 5.98
Current ratio from 2.28 to 5.98; short-term debt falls from €73k to €36k.
31-12
Financial
Equity above €200kEq €241k ▲65.3%
5 profitable years in a row build equity to €241k.
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €140k ▲58.3%
Operating result €204k, net result €140k, both a record.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €100kEq €149k ▲144%
3 profitable years in a row build equity to €149k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Ukkel · 1 establishment unit since 2018
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.
Dieweg 851180 UkkelGround area
579 m²
Building footprint
177 m²
Volume, LiDAR
1,012 m³
Parcel 21614E0262/00N006, Brussels · tallest building 13.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TGVR AVOCAT
since 20182.271.780.184
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0262/00N006 | Brussels | 579 m² | 1 · 177 m² | 13.0 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.
Recognitions · licences · registrations
Legal Entity Identifier
984500DAC1F800740686
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Of 22,058 companies in sector 69101 we hold annual accounts for 9,052. 5,729 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.