TL-engineering
Annual accounts 2025
micro format, filed on 30-06-2026, 31 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €59,000. Estimated: probably between €45,000 and €130,000.
Balance sheet
balance sheet total €133,878 on 31-12-2025in euro
in euro
Position in the sector
19.3%
Higher than 21% of 35,136 companies in 2025.
1.13
Higher than 26% of 34,510 companies in 2025.
0.4%
Higher than 25% of 34,711 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
133,878 | 174,307 | 153,004 | 167,800 | 173,284 | 111,122 | |
21/28 |
11,874 | 12,042 | 16,071 | 28,136 | 41,398 | 49,211 | |
22/27 |
11,874 | 12,042 | 16,071 | 28,136 | 41,398 | 49,211 | |
23 |
3,490 | 4,348 | 3,565 | 3,553 | 4,501 | - | |
24 |
8,384 | 7,694 | 12,506 | 24,584 | 36,897 | 49,211 | |
29/58 |
122,004 | 162,265 | 136,933 | 139,664 | 131,886 | 61,910 | |
40/41 |
22,448 | 15,244 | 16,475 | 2,199 | 25,615 | 18,156 | |
40 |
20,234 | 9,408 | 13,177 | - | 25,615 | 18,156 | |
41 |
2,214 | 5,836 | 3,297 | 2,199 | - | - | |
54/58 |
99,556 | 147,022 | 120,458 | 137,464 | 106,270 | 43,755 | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
133,878 | 174,307 | 153,004 | 167,800 | 173,284 | 111,122 | |
10/15 |
25,835 | 145,294 | 129,446 | 100,601 | 85,459 | 31,897 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | 5,000 | |
13 |
20,835 | 140,294 | 124,446 | 95,601 | - | - | |
133 |
20,835 | 140,294 | 124,446 | 95,601 | - | - | |
14 |
- | - | - | - | 80,459 | 26,897 | |
17/49 |
108,043 | 29,013 | 23,558 | 67,199 | 87,825 | 79,225 | |
17 |
- | - | 1,133 | 14,638 | 27,981 | 41,166 | |
170/4 |
- | - | 1,133 | 14,638 | 27,981 | 41,166 | |
42/48 |
108,043 | 29,013 | 22,425 | 52,561 | 57,824 | 38,059 | |
42 |
- | 1,133 | 13,505 | 13,344 | 13,185 | 13,028 | |
44 |
1,493 | 6,622 | 854 | 657 | 15,149 | 1,708 | |
440/4 |
1,493 | 6,622 | 854 | 657 | 15,149 | 1,708 | |
46 |
- | - | - | 12,070 | - | - | |
45 |
3,606 | 3,756 | 8,066 | 26,491 | 27,440 | 23,324 | |
450/3 |
943 | 1,115 | 8,066 | 23,965 | 24,942 | 20,637 | |
454/9 |
2,663 | 2,641 | - | 2,526 | 2,498 | 2,687 | |
47/48 |
102,944 | 17,502 | - | - | 2,050 | - | |
492/3 |
- | - | - | - | 2,020 | - | |
| Income statement | |||||||
76A |
- | 1,776 | 1,920 | 1,980 | - | - | |
9900 |
7,051 | 53,474 | 51,818 | 34,091 | 80,923 | 47,195 | |
62 |
- | -235 | - | - | - | - | |
630 |
4,700 | 15,576 | 13,180 | 13,262 | 12,553 | 11,885 | |
640/8 |
902 | 1,779 | 634 | 639 | 189 | 105 | |
9901 |
1,449 | 36,354 | 38,004 | 20,191 | 68,181 | 35,206 | |
75/76B |
- | - | - | 0 | 1 | 1 | |
75 |
- | - | - | 0 | 1 | 1 | |
65/66B |
71 | 129 | 447 | 695 | 651 | 921 | |
65 |
71 | 129 | 447 | 695 | 651 | 921 | |
9903 |
1,378 | 36,226 | 37,557 | 19,496 | 67,531 | 34,286 | |
67/77 |
838 | 5,378 | 8,712 | 4,354 | 13,969 | 7,389 | |
9904 |
541 | 30,848 | 28,845 | 15,142 | 53,562 | 26,897 | |
9905 |
541 | 30,848 | 28,845 | 15,142 | 53,562 | 26,897 | |
| Appropriation of the result | |||||||
9906 |
541 | 30,848 | 28,845 | 95,601 | 80,459 | 26,897 | |
14P |
- | - | - | 80,459 | 26,897 | - | |
791/2 |
120,000 | - | - | - | - | - | |
691/2 |
541 | 15,848 | 28,845 | 95,601 | - | - | |
6921 |
541 | 15,848 | 28,845 | 95,601 | - | - | |
694/7 |
120,000 | 15,000 | - | - | - | - | |
694 |
120,000 | - | - | - | - | - | |
695 |
- | 15,000 | - | - | - | - | |
| Document | |||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-06-2026 | 2026-00226335 | |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00223972 | |
| 31-12-2023 | micro format | 12-07-2024 | 2024-00253914 | |
| 31-12-2022 | micro format | 06-07-2023 | 2023-00209960 | |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20387480 | |
| 31-12-2020 | micro format | 30-07-2021 | 2021-46000304 |
Subsidies and aid
Flemish government 2024 to 2025, 2 entries, €1,607 awarded, €1,606 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €0 | €128 |
| 2024 | 1 | €1,607 | €1,478 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 6,149 | 51,931 | 51,184 | 33,452 | 80,734 | 47,091 | ||
| 5,240 | 46,424 | 42,025 | 28,404 | 66,115 | 38,782 | ||
| 4,532 | 11,547 | 1,115 | 0 | 4,739 | 61,096 | ||
| -47,466 | 26,563 | -17,006 | 31,194 | 62,515 | - | ||
| 13,961 | 133,252 | 114,508 | 87,102 | 74,062 | 23,851 | ||
| 19.3% | 83.4% | 84.6% | 60.0% | 49.3% | 28.7% | ||
| 1.13 | 5.59 | 6.11 | 2.66 | 2.28 | 1.63 | ||
| 4.18 | 0.20 | 0.18 | 0.67 | 1.03 | 2.48 | ||
| 2.1% | 21.2% | 22.3% | 15.1% | 62.7% | 84.3% | ||
| 0.4% | 17.7% | 18.9% | 9.0% | 30.9% | 24.2% | ||
| 86.57 | over 100 | over 100 | 48.15 | over 100 | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €4,532 | €11,547 | €1,115 | - | €4,739 |
| €4,700 | €15,576 | €13,180 | €13,262 | €12,553 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on TL-engineering
The operating result for 2025 is 96% lower than in 2024 and the lowest since 2020. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 16.6% to 80.7%. Equity is lower and debt is higher.