TSR CONCEPT
ActiveSummary
TSR CONCEPT has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7k and a net result of €1k. Equity is shrinking by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 36% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-21
Solvency67▲+7
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.06 in 2024; short-term debt: 57.8% and cash: 35.3% of total assets), and 57.8% 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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 · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €7k
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
28 d late
2023
29 d late
2022
29 d late
2021
31 d late
2020
31 d late
2019
91 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€105k
EBIT margin
-1.7%
Net result
€1k▼ 69.9%
2024 · €4k
2018: €-2k
2019: €-1k
2020: €1k
2021: €-1k
2022: €-5k
2023: €-6k
2024: €4k
2018 → 2025
Working capital
€4k▲ 514%
2024 · €659
2018: €-5k
2019: €-4k
2020: €-4k
2021: €-5k
2022: €-6k
2023: €-7k
2024: €659
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€7k▼ 42.7%€1k▼ 82.3%€6k▲ 341%€7k▲ 23.3%
Operating result€-967-€-5k▼ 420%€-8k▼ 66.5%€6k€2k▼ 65.6%
Net result€-1k-€-5k▼ 299%€-6k▼ 10.6%€4k€1k▼ 69.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 66% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16k
Fixed assets
€3k ▼ 42.3%
Current assets
€14k ▲ 23.9%
Equity and liabilities €16k
Equity
€7k ▲ 23.3%
Debt
€9k ▼ 7.6%
Debt's share of the balance-sheet total falls from 64.7% to 57.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€4k▼
2024 · €8k
Cash flow
€3k▼
2024 · €7k
Current ratio
1.43▲
2024 · 1.06
Quick ratio
1.22▲
2024 · 1.06
Debt to equity
1.37▼
2024 · 1.83
ROE
18.9%▼
2024 · 77.3%
ROA
8.0%▼
2024 · 27.3%
Interest coverage
8.66▲
2024 · 7.87
Debt ≤ 1 year
€9k▼
2024 · €10k
Income taxes
€132▼
2024 · €160
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€16k€16k▲
Fixed assets21/28€5k€3k▼
Tangible fixed assets22/27€5k€3k▼
Furniture and vehicles24€2k€802▼
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€25€25=
Current assets29/58€11k€14k▲
Stocks and contracts in progress3-€2k
Stocks30/36-€2k
Amounts receivable within one year40/41€7k€6k▼
Trade receivables40€7k€5k▼
Other amounts receivable41-€514
Cash at bank and in hand54/58€3k€6k▲
Equity and liabilities
Total equity and liabilities10/49€16k€16k▲
Equity10/15€6k€7k▲
Contributions10/11€11k€11k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-7k€-5k▲
Amounts payable17/49€10k€9k▼
Amounts payable within one year42/48€10k€9k▼
Trade debts44€357€840▲
Suppliers440/4€357€840▲
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Other amounts payable47/48€9k€9k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€674€485▼
Gross operating margin9900€9k€4k▼
Operating profit (loss)9901€6k€2k▼
Financial income75/76B€8€0▼
Recurring financial income75€8€0▼
Financial charges65/66B€1k€460▼
Recurring financial charges65€1k€460▼
Profit (loss) for the period before taxes9903€4k€1k▼
Income taxes67/77€160€132▼
Profit (loss) for the period9904€4k€1k▼
Profit (loss) for the period to be appropriated9905€4k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-5k▲
Profit (loss) brought forward from the previous period14P€-11k€-7k▲
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
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after 3 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 9 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Jodoigne · 1 establishment unit since 1990
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 du Baukion(J.-S.) 131370 JodoigneGround area
1,728 m²
Building footprint
163 m²
Volume, LiDAR
1,142 m³
Parcel 25049C0320/00N000, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TSR CONCEPT
since 19902.050.004.235
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25049C0320/00N000 | Wallonia | 1,728 m² | 1 · 163 m² | 8.4 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.
Similar companies · same sector, comparable size
HYPERLIEN
BE 0540.920.203
Liège · Eq €6,894
ELY CONSULT
BE 0729.526.409
Brussel · Eq €6,905
FixForm
BE 0758.857.130
Tienen · Eq €6,908
STONE DCB
BE 0691.593.172
Sint-Lambrechts-Woluwe · Eq €6,909
KNR
BE 0770.298.576
Oostkamp · Eq €6,912
Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 7,571 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-10-1990
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.