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TONDEUR IMMO

Active
Public limited company· 5 yrs active
Frans van Kalkenlaan 9 ·1070 Anderlecht, Belgium
KBO/BCE: BE 0770.447.541
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Age5 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of TONDEUR IMMO is 5.6% (elevated). The 2024 annual accounts show negative equity (€-30k) and a net result of €-64k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
5.6% Elevated
0%0,5%1,5%4%10%≥25%
Young company +No NACE activity registered +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence
Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Financials

Turnover€44k+42.4%
EBIT margin-145.4%+75.3pp
Net result€-64k+6.2%
Working capital€9k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 26-06-2025 with the NBB · fiscal year 2024 · volledig
€-200k€-100k€0Revenue 2021: €9k€9kOperating result 2021: €-90k€-90kNet result 2021: €-90k€-90kRevenue 2022: €18k€18kOperating result 2022: €-161k€-161kNet result 2022: €-161k€-161kRevenue 2023: €31k€31kOperating result 2023: €-68k€-68kNet result 2023: €-68k€-68kRevenue 2024: €44k€44kOperating result 2024: €-64k€-64kNet result 2024: €-64k€-64k2021202220232024
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile Too volatile to project: the yearly deviation from the trend is ~124% of the level (threshold 35%). We therefore deliberately show no projection line.
€-200k€-100k€02021: €-28k2022: €-189k2023: €34k2024: €-30k2021202220232024
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Revenue
€44k
+42.4% 21-24
EBITDA
€-12k
+55.5% 21-24
Net profit
€-64k
+6.2% 21-24
Cash flow
€-12k
+55.5% 21-24
Total assets
€1.55M
-2.7% 21-24
Equity
€-30k
- 21-24
Working capital
€9k
- 21-24
Debt
€1.58M
+1.3% 21-24
Debt ≤ 1y
€565
-87.6% 21-24
Debt > 1y
€1.58M
+1.6% 21-24
Current ratio
17.40
+12503.4% 21-24
Quick ratio
17.40
+12503.4% 21-24
Solvency
-1.9%
- 21-24
Debt / equity
-53.16
- 21-24
ROE
215.7%
- 21-24
ROA
-4.1%
+3.6% 21-24
Net margin
-145.4%
+34.1% 21-24
EBITDA margin
-26.8%
+68.7% 21-24
Figures by fiscal year
Fiscal year2024
Revenue€44k
EBITDA€-12k
Net profit€-64k
Cash flow€-12k
Staff costs-
Income taxes-
Dividends-
Total assets€1.55M
Equity€-30k
Debt€1.58M
of which ≤ 1y€565
of which > 1y€1.58M
Working capital€9k
Employees (FTE)-
Ratios (computed)
2024
Current ratio17.40
Quick ratio17.40
Working capital ratio0.6%
Solvency-1.9%
Debt / equity-53.16
Long-term debt ratio-53.15
Interest coverage-
Gross margin-
Net margin-145.4%
ROA-4.1%
ROE215.7%
EBITDA margin-26.8%
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€1.55M
Fixed assets 21/28€1.54M
Tangible fixed assets 22/27€1.54M
Current assets 29/58€10k
Cash & bank 54/58€10k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.55M
Equity 10/15€-30k
Contributions / capital 10/11€62k
Reserves 13€17k
Accumulated profits (losses) 14€-383k
Amounts payable 17/49€1.58M
Amounts payable after one year 17€1.58M
Amounts payable within one year 42/48€565
Trade debts payable within one year 44€565
Income statement
Turnover 70€44k
Operating result 9901€-64k
Result before taxes 9903€-64k
Net result for the period 9904€-64k
Result to be appropriated 9905€-64k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
45 / 100 Fair
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Locations & real estate

Parcels1
Ground area2,312 m²
Buildings1
Building footprint1,725 m²
Volume (LiDAR)15,759 m³
Tallest building40.0 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21306D0325/00F000 Brussels 2,312 m² 1 · 1,725 m² 40.0 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.

Analysis

Snowflake analysis

financial profile on 5 axes
Health45Profitability33Solvency67Growth72Stability94
62 / 100

Strong profile, led by stability.

Health 45
Profitability 33
Solvency 67
Growth 72
Stability 94

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameFR TONDEUR IMMO
Registered office
Frans van Kalkenlaan 9
1070 Anderlecht, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.