TP DESIGN
ActiveTP DESIGN has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84k and a net result of €29k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 28% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (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 = 2024
Profitability80▲+38
Solvency52▼-6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.84 against 2.64 in 2024; short-term debt: 26.1% and cash: 16.3% of total assets), but 73.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
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
26.7%
Return on assets
9.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
31 d late
2022
31 d late
2021
8 d late
2020
6 d late
2019
118 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€84k▼ 20.4%
2024 · €105k
2018: €44k
2019: €59k
2020: €71k
2021: €86k
2022: €97k
2023: €113k
2024: €105k
2018 → 2025
Total assets
€314k▼ 2.9%
2024 · €324k
2018: €101k
2019: €113k
2020: €129k
2021: €151k
2022: €139k
2023: €347k
2024: €324k
2018 → 2025
Net result
€29k
2024 · €-7k
2018: €10k
2019: €15k
2020: €12k
2021: €15k
2022: €12k
2023: €15k
2024: €-7k
2018 → 2025
Working capital
€69k▼ 13.7%
2024 · €80k
2018: €52k
2019: €63k
2020: €76k
2021: €76k
2022: €91k
2023: €86k
2024: €80k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€86k-€97k▲ 13.6%€113k▲ 15.7%€105k▼ 6.5%€84k▼ 20.4%
Operating result€19k-€14k▼ 26.0%€21k▲ 49.3%€-3k€49k
Net result€15k-€12k▼ 22.4%€15k▲ 30.8%€-7k€29k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €49k after a loss of €3k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €314k
Fixed assets
€164k▼ 16.3%
Current assets
€151k▲ 17.6%
Equity and liabilities €314k
Equity
€84k▼ 20.4%
Debt
€231k▲ 5.6%
The debt ratio rises from 67.4% to 73.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€82k▲
2024 · €31k
Cash flow
€62k▲
2024 · €26k
Solvency
26.7%▼
2024 · 32.6%
Current ratio
1.84▼
2024 · 2.64
Quick ratio
1.84▼
2024 · 2.49
Debt / equity
2.75▲
2024 · 2.07
ROE
34.9%▲
2024 · -7.0%
ROA
9.3%▲
2024 · -2.3%
Interest coverage
9.52▲
2024 · 3.16
Debt
€231k▲
2024 · €218k
Debt ≤ 1 year
€82k▲
2024 · €49k
Debt > 1 year
€148k▼
2024 · €170k
Income taxes
€15k▲
2024 · €608
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€324k€314k▼
Fixed assets21/28€195k€164k▼
Tangible fixed assets22/27€195k€163k▼
Plant, machinery and equipment23€175k€151k▼
Furniture and vehicles24€7k€4k▼
Leasing and similar rights25€14k€9k▼
Financial fixed assets28€75€75=
Current assets29/58€128k€151k▲
Stocks and contracts in progress3€7k-
Contracts in progress37€7k-
Amounts receivable within one year40/41€111k€98k▼
Trade receivables40€13k€32k▲
Other amounts receivable41€98k€66k▼
Cash at bank and in hand54/58€6k€51k▲
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€324k€314k▼
Equity10/15€105k€84k▼
Contributions10/11€19k€1k▼
Reserves13€70k€83k▲
Distributable reserves133€70k€83k▲
Profit (loss) carried forward14€17k-
Amounts payable17/49€218k€231k▲
Amounts payable after more than one year17€170k€148k▼
Financial debts170/4€170k€148k▼
Amounts payable within one year42/48€49k€82k▲
Current portion of amounts payable after more than one year42€22k-
Financial debts43-€27k
Credit institutions430/8-€23k
Other loans439-€5k
Trade debts44€23k€39k▲
Suppliers440/4€23k€37k▲
Bills of exchange payable441-€2k
Taxes, remuneration and social security45€4k€16k▲
Taxes450/3€4k€16k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€33k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€35k€85k▲
Operating profit (loss)9901€-3k€49k▲
Financial income75/76B€6k€4k▼
Recurring financial income75€6k€4k▼
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€-7k€44k▲
Income taxes67/77€608€15k▲
Profit (loss) for the period9904€-7k€29k▲
Profit (loss) for the period to be appropriated9905€-7k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€46k▲
Profit (loss) brought forward from the previous period14P€24k€17k▼
Transfer from equity791/2-€17k
Transfer to equity691/2-€29k
To other reserves6921-€29k
Profit to be distributed694/7-€33k
Return on contributions (dividend)694-€33k
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-7k ▼148%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Equity above €100kEq €113k ▲15.7%
6 profitable years in a row build equity to €113k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
2019
23-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 54 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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, Soumagne · 1 establishment unit since 2005
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.
Rue Haute(MEL) 704633 SoumagneGround area
3.9 ha
Building footprint
7,913 m²
Volume, LiDAR
589 m³
2 parcels, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TP DESIGN
since 20052.145.044.241
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62051C0281/00W005 | Wallonia | 3.7 ha | 1 · 7,799 m² | - |
| 62069C0396/00H000 | Wallonia | 1,443 m² | 1 · 114 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
SCHRIJNWERKEN DECLERCK KEVIN
BE 0767.369.869
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ALL-DIVACK
BE 0760.337.270
Merelbeke-Melle · Eq €84k
WJS ET FILS
BE 0733.556.956
Estaimpuis · Eq €84k
TRAUM
BE 0633.896.879
Kortrijk · Eq €84k
Profalux Brugge
BE 0820.425.802
Brugge · Eq €84k
Of 20,031 companies in sector 43320 we hold annual accounts for 9,133. 7,688 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2005
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
45421
31001Manufacture of furniture
31002Manufacture of furniture
36122
36130
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.