TL&C
ActiveSummary
TL&C has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €189k and a net result of €-28k. Equity is growing by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 55% of 4654 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability56▼-17
Solvency69▼-14
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 1.57 against 1.73 in 2024; short-term debt: 28.1% and cash: 24.5% of total assets), but 56.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-07-2026, 12 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
12 d early
2024
16 d early
2023
29 d early
2022
28 d early
2021
37 d early
2020
22 d early
2019
14 d early
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€189k▼ 13.1%
2024 · €218k
2018: €-51klowest in 8 years
2019: €125k▲ +345% vs 2018
2020: €-10k▼ -108% vs 2019
2021: €141k▲ +1495% vs 2020
2022: €233k▲ +64.9% vs 2021highest in 8 years
2023: €206k▼ -11.6% vs 2022
2024: €218k▲ +5.7% vs 2023
2025: €189k▼ -13.1% vs 2024
2018 → 2025
Total assets
€431k▲ 14.5%
2024 · €376k
2018: €306k
2019: €521k▲ +70.6% vs 2018highest in 8 years
2020: €252k▼ -51.7% vs 2019lowest in 8 years
2021: €303k▲ +20.2% vs 2020
2022: €356k▲ +17.7% vs 2021
2023: €335k▼ -6.1% vs 2022
2024: €376k▲ +12.4% vs 2023
2025: €431k▲ +14.5% vs 2024
2018 → 2025
Net result
€-28k
2024 · €13k
2018: €6k
2019: €176k▲ +2969% vs 2018highest in 8 years
2020: €-136k▼ -177% vs 2019lowest in 8 years
2021: €153k▲ +213% vs 2020
2022: €94k▼ -38.7% vs 2021
2023: €10k▼ -89.5% vs 2022
2024: €13k▲ +36.4% vs 2023
2025: €-28k▼ -313% vs 2024
2018 → 2025
Working capital
€69k▼ 17.9%
2024 · €84k
2018: €-185klowest in 8 years
2019: €-6k▲ +96.6% vs 2018
2020: €-134k▼ -2010% vs 2019
2021: €-29k▲ +78.1% vs 2020
2022: €33k▲ +213% vs 2021
2023: €62k▲ +86.9% vs 2022
2024: €84k▲ +34.5% vs 2023highest in 8 years
2025: €69k▼ -17.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€141k-€233k▲ 64.9%€206k▼ 11.6%€218k▲ 5.7%€189k▼ 13.1%
2021: €141klowest in 5 years
2022: €233k▲ +64.9% vs 2021highest in 5 years
2023: €206k▼ -11.6% vs 2022
2024: €218k▲ +5.7% vs 2023
2025: €189k▼ -13.1% vs 2024
Operating result€213k-€130k▼ 39.1%€16k▼ 88.0%€22k▲ 39.2%€-19k
2021: €213khighest in 5 years
2022: €130k▼ -39.1% vs 2021
2023: €16k▼ -88.0% vs 2022
2024: €22k▲ +39.2% vs 2023
2025: €-19k▼ -188% vs 2024lowest in 5 years
Net result€153k-€94k▼ 38.7%€10k▼ 89.5%€13k▲ 36.4%€-28k
2021: €153khighest in 5 years
2022: €94k▼ -38.7% vs 2021
2023: €10k▼ -89.5% vs 2022
2024: €13k▲ +36.4% vs 2023
2025: €-28k▼ -313% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €19k after €22k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €431k
Fixed assets
€241k ▲ 35.8%
Current assets
€189k ▼ 4.5%
Equity and liabilities €431k
Equity
€189k ▼ 13.1%
Debt
€242k ▲ 52.5%
Debt's share of the balance-sheet total rises from 42.1% to 56.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€57k▼
2024 · €74k
Cash flow
€47k▼
2024 · €66k
Current ratio
1.57▼
2024 · 1.73
Debt to equity
1.28▲
2024 · 0.73
ROE
-15.1%▼
2024 · 6.2%
ROA
-6.6%▼
2024 · 3.6%
Interest coverage
5.47▼
2024 · 21.89
Debt ≤ 1 year
€121k▲
2024 · €115k
Debt > 1 year
€121k▲
2024 · €44k
Income taxes
€180▼
2024 · €5k
Staff costs
€169k▲
2024 · €135k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€376k€431k▲
Fixed assets21/28€178k€241k▲
Tangible fixed assets22/27€114k€192k▲
Plant, machinery and equipment23€8k€8k▲
Furniture and vehicles24€105k€62k▼
Leasing and similar rights25-€116k
Other tangible fixed assets26€855€6k▲
Financial fixed assets28€64k€49k▼
Current assets29/58€198k€189k▼
Amounts receivable within one year40/41€114k€84k▼
Trade receivables40€89k€79k▼
Other amounts receivable41€25k€5k▼
Cash at bank and in hand54/58€84k€105k▲
Deferred charges and accrued income490/1€678€439▼
Equity and liabilities
Total equity and liabilities10/49€376k€431k▲
Equity10/15€218k€189k▼
Reserves13€218k€218k=
Distributable reserves133€218k€218k=
Profit (loss) carried forward14-€-28k
Amounts payable17/49€159k€242k▲
Amounts payable after more than one year17€44k€121k▲
Financial debts170/4€44k€121k▲
Amounts payable within one year42/48€115k€121k▲
Current portion of amounts payable after more than one year42€14k€41k▲
Trade debts44€21k€32k▲
Suppliers440/4€21k€32k▲
Taxes, remuneration and social security45€39k€46k▲
Taxes450/3€17k€18k▲
Remuneration and social security454/9€22k€28k▲
Other amounts payable47/48€40k€2k▼
Accrued charges and deferred income492/3€136€172▲
Income statement
Code20242025
Remuneration, social security and pensions62€135k€169k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€76k▲
Other operating charges640/8€4k€4k▲
Non-recurring operating charges66A€664-
Gross operating margin9900€213k€230k▲
Operating profit (loss)9901€22k€-19k▼
Financial income75/76B€111€1k▲
Recurring financial income75€111€1k▲
Financial charges65/66B€3k€10k▲
Recurring financial charges65€3k€10k▲
Profit (loss) for the period before taxes9903€18k€-28k▼
Income taxes67/77€5k€180▼
Profit (loss) for the period9904€13k€-28k▼
Profit (loss) for the period to be appropriated9905€13k€-28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€-28k▼
Transfer to equity691/2€12k-
To other reserves6921€12k-
Profit to be distributed694/7€2k-
Return on contributions (dividend)694€2k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €154k | €124k | €159k | €135k | €169k | ▲ 25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €33k | €41k | €52k | €76k | ▲ 45.2% |
| Other operating charges640/8 | €15k | €11k | €6k | €4k | €4k | ▲ 18.4% |
| Non-recurring operating charges66A | - | €2k | €2k | €664 | - | - |
| Gross operating margin9900 | €397k | €300k | €224k | €213k | €230k | ▲ 7.9% |
| Operating profit (loss)9901 | €213k | €130k | €16k | €22k | €-19k | ▼ 188% |
| Financial income75/76B | €762 | €157 | €22 | €111 | €1k | ▲ 885% |
| Recurring financial income75 | €762 | €157 | €22 | €111 | €1k | ▲ 885% |
| Financial charges65/66B | €331 | €840 | €2k | €3k | €10k | ▲ 208% |
| Recurring financial charges65 | €331 | €840 | €2k | €3k | €10k | ▲ 208% |
| Profit (loss) for the period before taxes9903 | €213k | €129k | €14k | €18k | €-28k | ▼ 254% |
| Income taxes67/77 | €61k | €35k | €4k | €5k | €180 | ▼ 96.4% |
| Profit (loss) for the period9904 | €153k | €94k | €10k | €13k | €-28k | ▼ 313% |
| Profit (loss) for the period to be appropriated9905 | €153k | €94k | €10k | €13k | €-28k | ▼ 313% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €303k | €356k | €335k | €376k | €431k | ▲ 14.5% |
| Fixed assets21/28 | €171k | €200k | €164k | €178k | €241k | ▲ 35.8% |
| Tangible fixed assets22/27 | €95k | €124k | €87k | €114k | €192k | ▲ 68.9% |
| Plant, machinery and equipment23 | €6k | €22k | €12k | €8k | €8k | ▲ 7.5% |
| Furniture and vehicles24 | €87k | €100k | €73k | €105k | €62k | ▼ 41.4% |
| Leasing and similar rights25 | - | - | - | - | €116k | - |
| Other tangible fixed assets26 | €2k | €2k | €1k | €855 | €6k | ▲ 606% |
| Financial fixed assets28 | €75k | €76k | €77k | €64k | €49k | ▼ 23.1% |
| Current assets29/58 | €132k | €156k | €171k | €198k | €189k | ▼ 4.5% |
| Amounts receivable within one year40/41 | €89k | €141k | €145k | €114k | €84k | ▼ 26.5% |
| Trade receivables40 | €80k | €132k | €104k | €89k | €79k | ▼ 11.3% |
| Other amounts receivable41 | €9k | €9k | €41k | €25k | €5k | ▼ 80.5% |
| Cash at bank and in hand54/58 | €42k | €15k | €26k | €84k | €105k | ▲ 25.6% |
| Deferred charges and accrued income490/1 | €442 | €442 | €442 | €678 | €439 | ▼ 35.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €303k | €356k | €335k | €376k | €431k | ▲ 14.5% |
| Equity10/15 | €141k | €233k | €206k | €218k | €189k | ▼ 13.1% |
| Contributions10/11 | €6k | €6k | - | - | - | - |
| Reserves13 | €135k | €227k | €206k | €218k | €218k | = |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €133k | €225k | €206k | €218k | €218k | = |
| Profit (loss) carried forward14 | - | - | - | - | €-28k | - |
| Amounts payable17/49 | €161k | €123k | €129k | €159k | €242k | ▲ 52.5% |
| Amounts payable after more than one year17 | - | - | €20k | €44k | €121k | ▲ 177% |
| Financial debts170/4 | - | - | €20k | €44k | €121k | ▲ 177% |
| Amounts payable within one year42/48 | €161k | €123k | €109k | €115k | €121k | ▲ 5.3% |
| Current portion of amounts payable after more than one year42 | - | - | €5k | €14k | €41k | ▲ 187% |
| Trade debts44 | €60k | €55k | €27k | €21k | €32k | ▲ 49.3% |
| Suppliers440/4 | €60k | €55k | €27k | €21k | €32k | ▲ 49.3% |
| Taxes, remuneration and social security45 | €74k | €43k | €38k | €39k | €46k | ▲ 17.6% |
| Taxes450/3 | €59k | €19k | €15k | €17k | €18k | ▲ 3.5% |
| Remuneration and social security454/9 | €16k | €24k | €23k | €22k | €28k | ▲ 29.0% |
| Other amounts payable47/48 | €27k | €24k | €39k | €40k | €2k | ▼ 95.4% |
| Accrued charges and deferred income492/3 | €153 | €186 | €177 | €136 | €172 | ▲ 26.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €153k | €94k | €10k | €13k | €-28k | ▼ 313% |
| + Depreciation and write-downs630 | €15k | €33k | €41k | €52k | €76k | ▲ 45.2% |
| Operating cash flow (approximation) | €168k | €127k | €51k | €66k | €47k | ▼ 27.8% |
| Investment in fixed assets (approximation) | - | €-62k | €-5k | €-66k | €-140k | ▼ 110% |
| Change in cash | - | €-27k | €11k | €58k | €22k | ▼ 63.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €233k ▲64.9%
2 profitable years in a row build equity to €233k.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €153k
Net result €153k after one loss-making year.
31-12
Financial
Equity above €100kEq €141k
Equity rises from €-10k to €141k.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-136k
Net result drops to €-136k, the lowest in the series; recovery starts the following year.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €176k ▲2,969%
Operating result €236k, net result €176k, both a record.
Show earlier events
31-12
Financial
Equity above €100kEq €125k
2 profitable years in a row build equity to €125k.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Pelt · 1 establishment unit since 2010
Ground area
1,938 m²
Building footprint
447 m²
Parcel 72025A0982/00G000, Flanders. Linked by address, not a title deed.
1 establishment unit
TL&C
since 20102.194.613.320
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72025A0982/00G000 | Flanders | 1,938 m² | 1 · 447 m² | - |
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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 371 EUR awarded · 371 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 371 EUR | 371 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
DELMAGRI
BE 0890.800.488
Jodoigne · Eq €189,083
GEERAERTS TRANSPORT
BE 0889.900.071
Olen · Eq €189,066
MIR TRANS
BE 0712.925.749
Brecht · Eq €188,997
GINO SALENS TRANSPORT
BE 0478.293.736
Jabbeke · Eq €189,366
VERBIST TRANSPORT
BE 0702.753.815
Hulshout · Eq €188,861
Of 12,590 companies in sector 49410 we hold annual accounts for 8,199. 6,245 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
Founded21-12-2010
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
47812Retail trade
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95313Repair and fitting of specific motor vehicle parts
95315Tyre services
52100Warehousing and storage
52250Logistics services
77110Renting and leasing of cars and light motor vehicles
95314Bodywork repair (including spraying and painting)
Scores and ratios are computed by Checked and are not a credit decision.