TLS Duyck
ActiveTLS Duyck has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €394k and a net result of €58k. Equity is growing by ~25.5% per year across the filed fiscal years. Its solvency ranks better than 33% of 9450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▲+1
Solvency61▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 1.32 in 2023; short-term debt: 44.2% and cash: 12.3% of total assets), and 64.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 71
Relative position
BE, all sectors
reference
Sector 71
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
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
35.6%
Return on assets
5.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
1 d early
2023
31 d late
2022
27 d early
2021
3 d late
2020
25 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€394k▲ 17.4%
2023 · €335k
2020: €50k
2021: €85k
2022: €286k
2023: €335k
2020 → 2025
Total assets
€1.10M▼ 13.1%
2023 · €1.27M
2020: €219k
2021: €293k
2022: €814k
2023: €1.27M
2020 → 2025
Net result
€58k▲ 17.9%
2023 · €49k
2020: €33k
2021: €37k
2022: €201k
2023: €49k
2020 → 2025
Working capital
€97k▼ 24.8%
2023 · €130k
2020: €80k
2021: €84k
2022: €100k
2023: €130k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232025Trend
Equity€50k-€85k▲ 70.5%€286k▲ 238%€335k▲ 17.3%€394k▲ 17.4%
Operating result€37k-€47k▲ 27.3%€232k▲ 391%€68k▼ 70.8%€108k▲ 59.4%
Net result€33k-€37k▲ 10.0%€201k▲ 450%€49k▼ 75.4%€58k▲ 17.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €108k in 2025, compared with €68k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €1.10M
Fixed assets
€519k▼ 29.7%
Current assets
€586k▲ 9.9%
Equity and liabilities €1.10M
Equity
€394k▲ 17.4%
Debt
€711k▼ 24.0%
The debt ratio falls from 73.6% to 64.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€447k▲
2023 · €230k
Cash flow
€398k▲
2023 · €212k
Solvency
35.6%▲
2023 · 26.4%
Current ratio
1.20▼
2023 · 1.32
Quick ratio
1.20▼
2023 · 1.32
Debt / equity
1.81▼
2023 · 2.79
ROE
14.8%▲
2023 · 14.7%
ROA
5.3%▲
2023 · 3.9%
Interest coverage
11.92▼
2023 · 13.47
Debt
€711k▼
2023 · €935k
Debt ≤ 1 year
€488k▲
2023 · €404k
Debt > 1 year
€222k▼
2023 · €531k
Income taxes
€22k▲
2023 · €7k
Staff costs
€435k▲
2023 · €195k
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 2023
Balance sheet
Code20232025
Assets
Total assets20/58€1.27M€1.10M▼
Fixed assets21/28€738k€519k▼
Tangible fixed assets22/27€738k€519k▼
Plant, machinery and equipment23€626k€374k▼
Furniture and vehicles24€77k€42k▼
Other tangible fixed assets26€35k€103k▲
Current assets29/58€533k€586k▲
Amounts receivable after more than one year29€105k€251k▲
Other amounts receivable291€105k€251k▲
Amounts receivable within one year40/41€295k€199k▼
Trade receivables40€257k€195k▼
Other amounts receivable41€38k€5k▼
Cash at bank and in hand54/58€133k€136k▲
Equity and liabilities
Total equity and liabilities10/49€1.27M€1.10M▼
Equity10/15€335k€394k▲
Contributions10/11€18k€18k=
Reserves13-€376k
Distributable reserves133-€376k
Profit (loss) carried forward14€317k€0▼
Amounts payable17/49€935k€711k▼
Amounts payable after more than one year17€531k€222k▼
Financial debts170/4€531k€222k▼
Amounts payable within one year42/48€404k€488k▲
Current portion of amounts payable after more than one year42€155k€173k▲
Financial debts43-€15k
Credit institutions430/8-€15k
Trade debts44€187k€216k▲
Suppliers440/4€187k€216k▲
Taxes, remuneration and social security45€38k€85k▲
Taxes450/3€31k€73k▲
Remuneration and social security454/9€7k€11k▲
Other amounts payable47/48€24k€0▼
Accrued charges and deferred income492/3€653€0▼
Income statement
Code20232025
Remuneration, social security and pensions62€195k€435k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€162k€339k▲
Other operating charges640/8€1k€599▼
Gross operating margin9900€426k€883k▲
Operating profit (loss)9901€68k€108k▲
Financial income75/76B€6k€10k▲
Recurring financial income75€6k€10k▲
Financial charges65/66B€17k€38k▲
Recurring financial charges65€17k€38k▲
Profit (loss) for the period before taxes9903€56k€80k▲
Income taxes67/77€7k€22k▲
Profit (loss) for the period9904€49k€58k▲
Profit (loss) for the period to be appropriated9905€49k€58k▲
Appropriation of the result
Profit (loss) to be appropriated9906€317k€376k▲
Profit (loss) brought forward from the previous period14P€268k€317k▲
Transfer to equity691/2-€376k
To other reserves6921-€376k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2020net €201k ▲450%
Operating result €232k, net result €201k, both a record.
31-12
Financial
Equity above €200kEq €286k ▲238%
3 profitable years in a row build equity to €286k.
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Wingene · 1 establishment unit since 2019
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.
Vagevuurstraat 318750 WingeneGround area
2,709 m²
Building footprint
213 m²
Volume, LiDAR
1,689 m³
Parcel 37018D0140/00K000, Flanders · tallest building 13.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TLS Duyck
since 20192.295.198.657
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37018D0140/00K000 | Flanders | 2,709 m² | 1 · 213 m² | 13.5 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 378 EUR awarded · 378 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 60 EUR | 378 EUR |
| 2023 | 1 | 318 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,759 companies in sector 71122 we hold annual accounts for 770. 567 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-10-2019
Fiscal year end30-09
Activities, NACEBEL
43120Site preparation
71122Land surveying
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.