TLC Sugars
ActiveTLC Sugars has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49k and a net result of €43k. Equity is shrinking by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 38% of 11238 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▲+17
Solvency52▼-8
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.5 in 2024; short-term debt: 72.9% and cash: 30.7% of total assets), and 73.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
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
26.8%
Return on assets
23.2%
Age of the figures
15 mo
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 06-01-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
17 d early
2023
23 d early
2022
26 d early
2021
on the day
2020
34 d early
2019
25 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
30-06-2026 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€49k▼ 2.7%
2024 · €51k
2019: €65k
2020: €75k
2021: €39k
2022: €39k
2023: €37k
2024: €51k
2019 → 2025
Total assets
€184k▲ 26.3%
2024 · €145k
2019: €139k
2020: €125k
2021: €112k
2022: €104k
2023: €78k
2024: €145k
2019 → 2025
Net result
€43k▲ 202%
2024 · €14k
2019: €9k
2020: €11k
2021: €8k
2022: €7k
2023: €-3k
2024: €14k
2019 → 2025
Working capital
€10k▼ 78.9%
2024 · €47k
2019: €-7k
2020: €5k
2021: €-4k
2022: €21k
2023: €24k
2024: €47k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€39k-€39k▲ 0.3%€37k▼ 7.4%€51k▲ 38.7%€49k▼ 2.7%
Operating result€18k-€15k▼ 17.1%€6k▼ 58.1%€26k▲ 305%€61k▲ 134%
Net result€8k-€7k▼ 14.9%€-3k€14k€43k▲ 202%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 134% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €184k
Fixed assets
€40k▲ 1,016%
Current assets
€144k▲ 1.5%
Equity and liabilities €184k
Equity
€49k▼ 2.7%
Debt
€134k▲ 41.9%
The debt ratio rises from 65.2% to 73.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€68k▲
2024 · €36k
Cash flow
€50k▲
2024 · €24k
Solvency
26.8%▼
2024 · 34.8%
Current ratio
1.07▼
2024 · 1.50
Quick ratio
1.07▼
2024 · 1.50
Debt / equity
2.73▲
2024 · 1.87
ROE
86.5%▲
2024 · 27.9%
ROA
23.2%▲
2024 · 9.7%
Interest coverage
109.26▲
2024 · 35.64
Debt
€134k▲
2024 · €95k
Debt ≤ 1 year
€134k▲
2024 · €94k
Income taxes
€19k▲
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€145k€184k▲
Fixed assets21/28€4k€40k▲
Tangible fixed assets22/27€4k€40k▲
Plant, machinery and equipment23€3k€6k▲
Furniture and vehicles24€831€34k▲
Current assets29/58€142k€144k▲
Amounts receivable within one year40/41€111k€84k▼
Trade receivables40€77k€46k▼
Other amounts receivable41€34k€39k▲
Cash at bank and in hand54/58€27k€56k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€145k€184k▲
Equity10/15€51k€49k▼
Contributions10/11€19k€19k=
Reserves13€32k€31k▼
Distributable reserves133€32k€31k▼
Amounts payable17/49€95k€134k▲
Amounts payable within one year42/48€94k€134k▲
Financial debts43€3k€7k▲
Credit institutions430/8€3k€7k▲
Trade debts44€83k€81k▼
Suppliers440/4€83k€81k▼
Taxes, remuneration and social security45€8k€3k▼
Taxes450/3€8k€3k▼
Other amounts payable47/48-€44k
Accrued charges and deferred income492/3€387€400▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€7k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€38k€70k▲
Operating profit (loss)9901€26k€61k▲
Financial income75/76B€739€2k▲
Recurring financial income75€739€2k▲
Financial charges65/66B€1,000€623▼
Recurring financial charges65€1,000€623▼
Profit (loss) for the period before taxes9903€26k€62k▲
Income taxes67/77€11k€19k▲
Profit (loss) for the period9904€14k€43k▲
Profit (loss) for the period to be appropriated9905€14k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€43k▲
Profit (loss) brought forward from the previous period14P€-3k-
Transfer from equity791/2-€1k
Transfer to equity691/2€11k-
To other reserves6921€11k-
Profit to be distributed694/7-€44k
Return on contributions (dividend)694-€44k
The notes to these accounts (11 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
06-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €43k ▲202%
Operating result €61k, net result €43k, both a record.
14-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
08-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €-3k ▼141%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
05-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
28-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
06-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brugge · 1 establishment unit since 2014
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.
Kooidreef 78200 BruggeGround area
3,540 m²
Building footprint
283 m²
Volume, LiDAR
1,564 m³
Parcel 31030A0645/00Y000, Flanders · tallest building 19.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Thierry Lebbe Consulting
since 20142.228.307.754
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31030A0645/00Y000 | Flanders | 3,540 m² | 1 · 283 m² | 19.4 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
Food safety, FASFC
1 siteBrugge2.228.307.754
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CHOCOLADE NATIE ANTWERPEN
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Of 453 companies in sector 46360 we hold annual accounts for 286. 168 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-03-2014
Fiscal year end30-06
Activities, NACEBEL
46360Wholesale trade
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
46170Agents in the wholesale of food, beverages and tobacco
46389Wholesale of other food products
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.