TPLH
ActiveSummary
TPLH has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €108k and a net result of €-3k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 16% of 1865 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability60▼-9
Solvency36▼-4
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity short (current ratio 0.83 against 0.85 in 2024; short-term debt: 60.9% and cash: 4.2% of total assets), and 89.3% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five 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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 1865 sector peers (2025).
NBB · sector comparisonPosition among 1865 sector peers
Solvency
better than 16%
← 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 07-08-2026, 7 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 · 10 filingsDeviation from the deadline
2025
7 d late
2024
37 d early
2023
72 d late
2022
32 d early
2021
25 d late
2020
27 d late
2019
39 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-3k
2024 · €69
Working capital
€-103k▼ 68.5%
2024 · €-61k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€30k▲ 740%€-25k€20k€16k▼ 22.2%€23k▲ 43.5%
Net result€22k€-35k€13k€69▼ 99.5%€-3k
Equity€132k▲ 19.5%€98k▼ 26.2%€111k▲ 13.4%€111k▲ 0.1%€108k▼ 2.6%
Total assets€896k▲ 42.4%€924k▲ 3.1%€672k▼ 27.3%€723k▲ 7.6%€1.01M▲ 39.3%
Debt€763k▲ 47.3%€826k▲ 8.2%€561k▼ 32.1%€612k▲ 9.1%€899k▲ 46.9%
Working capital€-90k€-84k▲ 6.7%€-39k▲ 53.9%€-61k▼ 58.0%€-103k▼ 68.5%
Staff (FTE)7.2▲ 50.0%8.6▲ 19.4%7.5▼ 12.8%6.7▼ 10.7%5▼ 25.4%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 44% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.01M
Fixed assets
€497k ▲ 31.9%
Current assets
€510k ▲ 47.3%
Equity and liabilities €1.01M
Equity
€108k ▼ 2.6%
Debt
€899k ▲ 46.9%
Debt's share of the balance-sheet total rises from 84.7% to 89.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€129k▲
2024 · €112k
Cash flow
€103k▲
2024 · €97k
Current ratio
0.83▼
2024 · 0.85
Quick ratio
0.82▼
2024 · 0.83
Debt to equity
8.33▲
2024 · 5.52
ROE
-2.7%▼
2024 · 0.1%
ROA
-0.3%▼
2024 · 0.0%
Interest coverage
5.00▼
2024 · 7.07
Debt ≤ 1 year
€613k▲
2024 · €407k
Debt > 1 year
€286k▲
2024 · €205k
Staff costs
€237k▼
2024 · €296k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €281k | €397k | €355k | €296k | €237k | ▼ 19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €133k | €131k | €87k | €96k | €106k | ▲ 9.9% |
| Other operating charges640/8 | €19k | €22k | €13k | €16k | €14k | ▼ 13.3% |
| Gross operating margin9900 | €464k | €525k | €477k | €424k | €380k | ▼ 10.4% |
| Operating profit (loss)9901 | €30k | €-25k | €20k | €16k | €23k | ▲ 43.5% |
| Financial income75/76B | €1 | €0 | €23 | €20 | - | - |
| Recurring financial income75 | €1 | €0 | €23 | €20 | - | - |
| Financial charges65/66B | €9k | €9k | €7k | €16k | €26k | ▲ 62.4% |
| Recurring financial charges65 | €9k | €9k | €7k | €16k | €26k | ▲ 62.4% |
| Profit (loss) for the period before taxes9903 | €22k | €-35k | €13k | €69 | €-3k | ▼ 4,355% |
| Profit (loss) for the period9904 | €22k | €-35k | €13k | €69 | €-3k | ▼ 4,355% |
| Profit (loss) for the period to be appropriated9905 | €22k | €-35k | €13k | €69 | €-3k | ▼ 4,355% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €896k | €924k | €672k | €723k | €1.01M | ▲ 39.3% |
| Fixed assets21/28 | €448k | €410k | €323k | €376k | €497k | ▲ 31.9% |
| Tangible fixed assets22/27 | €442k | €404k | €317k | €371k | €491k | ▲ 32.4% |
| Plant, machinery and equipment23 | €185k | €191k | €151k | €116k | €166k | ▲ 43.1% |
| Furniture and vehicles24 | €75k | €86k | €54k | €46k | €29k | ▼ 37.7% |
| Leasing and similar rights25 | €182k | €127k | €111k | €208k | €296k | ▲ 42.0% |
| Financial fixed assets28 | €6k | €6k | €6k | €6k | €6k | = |
| Current assets29/58 | €448k | €513k | €349k | €346k | €510k | ▲ 47.3% |
| Stocks and contracts in progress3 | €7k | €26k | €19k | €10k | €9k | ▼ 9.0% |
| Stocks30/36 | €7k | €17k | €19k | €10k | €9k | ▼ 9.0% |
| Contracts in progress37 | - | €8k | - | - | - | - |
| Amounts receivable within one year40/41 | €326k | €383k | €275k | €297k | €448k | ▲ 50.9% |
| Trade receivables40 | €309k | €378k | €271k | €270k | €445k | ▲ 64.8% |
| Other amounts receivable41 | €16k | €5k | €4k | €27k | €3k | ▼ 87.7% |
| Cash at bank and in hand54/58 | €105k | €92k | €46k | €33k | €43k | ▲ 29.0% |
| Deferred charges and accrued income490/1 | €10k | €12k | €9k | €7k | €11k | ▲ 58.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €896k | €924k | €672k | €723k | €1.01M | ▲ 39.3% |
| Equity10/15 | €132k | €98k | €111k | €111k | €108k | ▼ 2.6% |
| Contributions10/11 | €20k | €20k | €22k | €22k | €22k | = |
| Reserves13 | €38k | €38k | €36k | €36k | €36k | = |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Tax-exempt reserves132 | €20k | €20k | €20k | €20k | €20k | = |
| Distributable reserves133 | €15k | €15k | €15k | €15k | €15k | = |
| Profit (loss) carried forward14 | €75k | €40k | €53k | €53k | €50k | ▼ 5.5% |
| Amounts payable17/49 | €763k | €826k | €561k | €612k | €899k | ▲ 46.9% |
| Amounts payable after more than one year17 | €226k | €229k | €174k | €205k | €286k | ▲ 39.7% |
| Financial debts170/4 | €226k | €229k | €174k | €205k | €286k | ▲ 39.7% |
| Amounts payable within one year42/48 | €538k | €597k | €387k | €407k | €613k | ▲ 50.4% |
| Current portion of amounts payable after more than one year42 | €118k | €95k | €55k | €75k | €116k | ▲ 53.8% |
| Trade debts44 | €361k | €402k | €273k | €278k | €426k | ▲ 53.0% |
| Suppliers440/4 | €361k | €402k | €273k | €278k | €426k | ▲ 53.0% |
| Advances received on contracts in progress46 | - | €57k | €4k | €2k | - | - |
| Taxes, remuneration and social security45 | €32k | €21k | €38k | €30k | €53k | ▲ 75.5% |
| Taxes450/3 | €8k | €3k | €14k | €9k | €5k | ▼ 49.4% |
| Remuneration and social security454/9 | €25k | €18k | €25k | €21k | €49k | ▲ 129% |
| Other amounts payable47/48 | €25k | €22k | €18k | €21k | €18k | ▼ 14.8% |
| Accrued charges and deferred income492/3 | - | - | €80 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22k | €-35k | €13k | €69 | €-3k | ▼ 4,355% |
| + Depreciation and write-downs630 | €133k | €131k | €87k | €96k | €106k | ▲ 9.9% |
| Operating cash flow (approximation) | €154k | €97k | €101k | €97k | €103k | ▲ 6.8% |
| Investment in fixed assets (approximation) | - | €-94k | €-293 | €-150k | €-226k | ▼ 50.9% |
| Change in cash | - | €-13k | €-47k | €-13k | €10k | ▲ 177% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 7 days late
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
11-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 72 days late
2023
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
31-12
Financial
Equity above €100kEq €111k ▲13.4%
Equity rises from €98k to €111k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-35k
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 25 days late
2021
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 39 days late
2019
31-12
Financial
Highest result since 2018net €69k ▲962%
Operating result €79k, net result €69k, both a record.
Show earlier events
31-12
Financial
Equity above €100kEq €115k ▲147%
2 profitable years in a row build equity to €115k.
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-05
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.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Leuze-en-Hainaut · 1 establishment unit since 2013
Ground area
4,622 m²
Building footprint
238 m²
Volume, LiDAR
1,344 m³
2 parcels, Wallonia · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TPLH
since 20132.216.884.916
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57020A0666/00G000 | Wallonia | 3,788 m² | 1 · 135 m² | 12.1 m · 3 fl. |
| 57036C0169/02G000 | Wallonia | 833 m² | 1 · 104 m² | - |
Linked by address, not proof of ownership
Good to know
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
MG TRA
BE 0683.659.166
Olen · Eq €107,916
PIETERS-VAN HUFFEL
BE 0650.618.392
Stekene · Eq €107,864
J.C.GARAGE
BE 0823.199.408
Assesse · Eq €107,991
WARLOP TRANSPORT
BE 0456.577.713
Moorslede · Eq €107,796
LOGIFLEX
BE 0661.621.954
Wingene · Eq €107,747
Of 12,585 companies in sector 49410 we hold annual accounts for 8,199. 6,365 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-12-2012
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
43120Site preparation
43910Bricklaying and masonry work
Contact
E-mail
TPLH.SPRL@gmail.com
Phone
0472/43.26.21
Scores and ratios are computed by Checked and are not a credit decision.