TPLT
ActiveThe computed 12-month bankruptcy probability of TPLT is 1.9% (moderate). The 2025 annual accounts show equity of €31k and a net result of €28k. Equity is shrinking by ~29.4% per year across the filed fiscal years. Its solvency ranks better than 82% of 27446 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
100
/ 100
Excellent▲ +24 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+82
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 4.17 against 1.06 in 2024), and 22.8% 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
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 · 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 · 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
77.2%
Return on assets
70%
Age of the figures
9 mo
lowers risk · Growing equity
Equity grew over 2022-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
192021222425
2019 to 2025 · latest year €31k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 6 filingsDeviation from the deadline
2025
31 d late
2024
70 d late
2022
202 d late
2021
152 d late
2020
23 d late
2019
76 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€31k▲ 980%
2024 · €3k
2019: €17k
2020: €12k
2021: €7k
2022: €2k
2024: €3k
2019 → 2025
Total assets
€40k▲ 12.9%
2024 · €36k
2019: €31k
2020: €16k
2021: €9k
2022: €6k
2024: €36k
2019 → 2025
Net result
€28k▲ 1,423%
2024 · €2k
2019: €11k
2020: €-6k
2021: €-5k
2022: €-5k
2024: €2k
2019 → 2025
Working capital
€29k▲ 1,318%
2024 · €2k
2019: €2k
2020: €5k
2021: €6k
2022: €678
2024: €2k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€12k-€7k▼ 41.0%€2k▼ 75.3%€3k▲ 69.9%€31k▲ 980%
Operating result€-5k-€-5k▼ 6.0%€-5k▼ 2.3%€2k€32k▲ 1,215%
Net result€-6k-€-5k▲ 15.8%€-5k▼ 8.3%€2k€28k▲ 1,423%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2025 is 1,215% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40k
Fixed assets
€2k▲ 135%
Current assets
€38k▲ 10.0%
Equity and liabilities €40k
Equity
€31k▲ 980%
Debt
€9k▼ 72.0%
The debt ratio falls from 91.9% to 22.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€33k▲
2024 · €3k
Cash flow
€29k▲
2024 · €2k
Solvency
77.2%▲
2024 · 8.1%
Current ratio
4.17▲
2024 · 1.06
Quick ratio
4.17▲
2024 · 1.06
Debt / equity
0.30▼
2024 · 11.39
ROE
90.7%▲
2024 · 64.3%
ROA
70.0%▲
2024 · 5.2%
Interest coverage
284.62▲
2024 · 47.58
Debt
€9k▼
2024 · €33k
Debt ≤ 1 year
€9k▼
2024 · €33k
Income taxes
€4k▲
2024 · €544
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€36k€40k▲
Fixed assets21/28€821€2k▲
Tangible fixed assets22/27€821€2k▲
Plant, machinery and equipment23€821€2k▲
Furniture and vehicles24-€196
Current assets29/58€35k€38k▲
Amounts receivable within one year40/41€31k€18k▼
Trade receivables40€29k€826▼
Other amounts receivable41€2k€17k▲
Cash at bank and in hand54/58€3k€20k▲
Deferred charges and accrued income490/1€450€655▲
Equity and liabilities
Total equity and liabilities10/49€36k€40k▲
Equity10/15€3k€31k▲
Contributions10/11€6k€6k=
Reserves13€551€25k▲
Distributable reserves133€551€25k▲
Profit (loss) carried forward14€-4k-
Amounts payable17/49€33k€9k▼
Amounts payable within one year42/48€33k€9k▼
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Advances received on contracts in progress46€28k-
Taxes, remuneration and social security45€217€5k▲
Taxes450/3€217€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€281€828▲
Other operating charges640/8€957€678▼
Gross operating margin9900€4k€34k▲
Operating profit (loss)9901€2k€32k▲
Financial income75/76B€0€271▲
Recurring financial income75€0€271▲
Financial charges65/66B€57€116▲
Recurring financial charges65€57€116▲
Profit (loss) for the period before taxes9903€2k€32k▲
Income taxes67/77€544€4k▲
Profit (loss) for the period9904€2k€28k▲
Profit (loss) for the period to be appropriated9905€2k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€24k▲
Profit (loss) brought forward from the previous period14P€-6k€-4k▲
Transfer to equity691/2-€24k
To other reserves6921-€24k
The notes to these accounts (5 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2019net €28k ▲1423%
Operating result €32k, net result €28k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 4.17
Current ratio from 1.06 to 4.17; short-term debt falls from €33k to €9k.
09-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 70 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
18-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 202 days late
2022
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 152 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Weakest financial yearnet €-6k ▼151%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
15-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 76 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, Tournai · 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.
Rue Guerbion(MSA) 17542 TournaiGround area
2,034 m²
Building footprint
123 m²
Volume, LiDAR
754 m³
Parcel 57056A0565/00E000, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TPLT
since 20192.284.687.619
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57056A0565/00E000 | Wallonia | 2,034 m² | 1 · 123 m² | 7.3 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.
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BOUSAN
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K-THERM
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A. Jacobs
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Of 6,993 companies in sector 43221 we hold annual accounts for 3,445. 2,723 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2019
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
43230Insulation installation
43291Specialised construction activities
43310Plastering work
43320Joinery installation
43331Floor and wall tiling
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:patrice.tonnoir@scarlet.be
Phone:0499220284