TLG²
ActiveTLG² has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9k and a net result of €-4k. Equity is shrinking by ~25.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 15% of 31510 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability22▼-53
Solvency5▼-2
Growth34▼-3
Stability94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.43 against 0.4 in 2024), and 92.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
7.4%
Return on assets
-3.1%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 31510 sector peers (2025).
NBB · sector comparisonPosition among 31510 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 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 · 5 filingsDeviation from the deadline
2025
4 d late
2024
22 d early
2023
13 d late
2022
31 d late
2021
11 d late
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€143k▼ 4.0%
2024 · €149k
2022: €138k
2023: €144k
2024: €149k
2022 → 2025
EBIT margin
-0.2%▼ 6.4pp
2024 · 6.3%
2022: 7.1%
2023: -10.3%
2024: 6.3%
2022 → 2025
Net result
€-4k
2024 · €7k
2021: €14k
2022: €3k
2023: €-17k
2024: €7k
2021 → 2025
Working capital
€-55k▲ 1.6%
2024 · €-56k
2021: €-72k
2022: €-60k
2023: €-68k
2024: €-56k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€138k€144k▲ 4.3%€149k▲ 3.3%€143k▼ 4.0%
Equity€19k-€22k▲ 13.3%€5k▼ 75.6%€12k▲ 125%€9k▼ 29.2%
Operating result€16k-€10k▼ 39.8%€-15k€9k€-233
Net result€14k-€3k▼ 82.1%€-17k€7k€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €233 after €9k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €115k
Fixed assets
€73k▼ 11.9%
Current assets
€42k▲ 13.3%
Equity and liabilities €115k
Equity
€9k▼ 29.2%
Debt
€106k▼ 1.3%
The debt ratio rises from 90.0% to 92.6%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€16k▼
2024 · €23k
Cash flow
€12k▼
2024 · €20k
Solvency
7.4%▼
2024 · 10.0%
Current ratio
0.43▲
2024 · 0.40
Quick ratio
0.43▲
2024 · 0.40
Debt / equity
12.49▲
2024 · 8.97
ROE
-41.2%▼
2024 · 55.5%
ROA
-3.1%▼
2024 · 5.6%
Interest coverage
5.92▼
2024 · 10.63
Debt
€106k▼
2024 · €108k
Debt ≤ 1 year
€96k▲
2024 · €92k
Debt > 1 year
€10k▼
2024 · €16k
Income taxes
€675▲
2024 · €536
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€120k€115k▼
Fixed assets21/28€83k€73k▼
Intangible fixed assets21€55k€46k▼
Tangible fixed assets22/27€28k€28k▼
Plant, machinery and equipment23€25k€26k▲
Furniture and vehicles24€3k€1k▼
Current assets29/58€37k€42k▲
Amounts receivable within one year40/41€12k€14k▲
Trade receivables40€12k€11k▼
Other amounts receivable41€0€3k▲
Current investments50/53€0€19k▲
Cash at bank and in hand54/58€25k€9k▼
Equity and liabilities
Total equity and liabilities10/49€120k€115k▼
Equity10/15€12k€9k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€7k€4k▼
Amounts payable17/49€108k€106k▼
Amounts payable after more than one year17€16k€10k▼
Financial debts170/4€16k€10k▼
Amounts payable within one year42/48€92k€96k▲
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€3k€6k▲
Taxes450/3€3k€6k▲
Remuneration and social security454/9€0€0=
Other amounts payable47/48€82k€82k=
Income statement
Code20242025
Turnover70€149k€143k▼
Goods, raw materials, services and sundry goods60/61€147k€151k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€16k▲
Other operating charges640/8-€322
Gross operating margin9900€23k€16k▼
Operating profit (loss)9901€9k€-233▼
Financial income75/76B-€22
Recurring financial income75-€22
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€7k€-3k▼
Income taxes67/77€536€675▲
Profit (loss) for the period9904€7k€-4k▼
Profit (loss) for the period to be appropriated9905€7k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€4k▼
Profit (loss) brought forward from the previous period14P€360€7k▲
The notes to these accounts (9 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
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
31-12
Financial
Weakest financial yearnet €-17k ▼746%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Dalhem
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.
Route de Mortier(StA) 1 C4606 DalhemGround area
1,907 m²
Building footprint
127 m²
Volume, LiDAR
814 m³
Parcel 62092B0230/00C000, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62092B0230/00C000 | Wallonia | 1,907 m² | 1 · 127 m² | 8.4 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.
Similar companies · same sector, comparable size
KEIKO
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Level Up Consulting
BE 0795.434.543
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WHATSWHAT CONSULTING
BE 0897.563.071
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NK ASSOCIATES
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S-Consulting
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Hasselt · Eq €9k
Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 21,073 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-10-2020
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.