TTCO
ActiveTTCO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €649k and a net result of €97k. Equity is growing by ~31.1% per year across the filed fiscal years. Its solvency ranks better than 67% of 1290 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
65
/ 100
Healthy▼ -35 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-25
Solvency75▼-24
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.92 against 2.61 in 2024), and 39.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 33
Relative position
BE, all sectors
reference
Sector 33
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
60.6%
Return on assets
9.1%
Age of the figures
8 mo
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
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
37 d early
2023
33 d early
2022
12 d early
2021
23 d early
2020
2 d early
2019
15 d early
← 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€649k▼ 2.1%
2024 · €663k
2018: €134k
2019: €125k
2020: €183k
2021: €264k
2022: €372k
2023: €438k
2024: €663k
2018 → 2025
Total assets
€1.07M▼ 0.7%
2024 · €1.08M
2018: €182k
2019: €151k
2020: €217k
2021: €599k
2022: €656k
2023: €878k
2024: €1.08M
2018 → 2025
Net result
€97k▼ 56.9%
2024 · €226k
2018: €63k
2019: €70k
2020: €61k
2021: €112k
2022: €115k
2023: €68k
2024: €226k
2018 → 2025
Working capital
€-11k
2024 · €153k
2018: €123k
2019: €112k
2020: €168k
2021: €70k
2022: €145k
2023: €117k
2024: €153k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€264k-€372k▲ 40.6%€438k▲ 17.9%€663k▲ 51.3%€649k▼ 2.1%
Operating result€153k-€155k▲ 1.3%€98k▼ 36.9%€145k▲ 48.6%€139k▼ 4.0%
Net result€112k-€115k▲ 2.4%€68k▼ 41.2%€226k▲ 234%€97k▼ 56.9%
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 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.07M
Fixed assets
€939k▲ 13.0%
Current assets
€132k▼ 46.5%
Equity and liabilities €1.07M
Equity
€649k▼ 2.1%
Debt
€422k▲ 1.5%
The debt ratio rises from 38.5% to 39.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€161k▲
2024 · €158k
Cash flow
€119k▼
2024 · €238k
Solvency
60.6%▼
2024 · 61.5%
Current ratio
0.92▼
2024 · 2.61
Quick ratio
0.92▼
2024 · 2.61
Debt / equity
0.65▲
2024 · 0.63
ROE
15.0%▼
2024 · 34.0%
ROA
9.1%▼
2024 · 20.9%
Interest coverage
17.50▲
2024 · 16.14
Debt
€422k▲
2024 · €416k
Debt ≤ 1 year
€143k▲
2024 · €95k
Debt > 1 year
€279k▼
2024 · €321k
Income taxes
€33k▼
2024 · €35k
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€1.08M€1.07M▼
Fixed assets21/28€831k€939k▲
Tangible fixed assets22/27€430k€537k▲
Land and buildings22€408k€512k▲
Plant, machinery and equipment23€0€1k▲
Furniture and vehicles24€2k€8k▲
Other tangible fixed assets26€19k€16k▼
Financial fixed assets28€402k€402k=
Current assets29/58€247k€132k▼
Amounts receivable within one year40/41€21k€10k▼
Trade receivables40€21k€10k▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€225k€121k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€1.08M€1.07M▼
Equity10/15€663k€649k▼
Contributions10/11€24k€24k=
Reserves13€639k€626k▼
Distributable reserves133€639k€626k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€416k€422k▲
Amounts payable after more than one year17€321k€279k▼
Financial debts170/4€321k€279k▼
Amounts payable within one year42/48€95k€143k▲
Current portion of amounts payable after more than one year42€42k€42k▲
Trade debts44€27k€12k▼
Suppliers440/4€27k€12k▼
Taxes, remuneration and social security45€24k€20k▼
Taxes450/3€24k€20k▼
Other amounts payable47/48€2k€70k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€21k▲
Other operating charges640/8€536€721▲
Gross operating margin9900€158k€162k▲
Operating profit (loss)9901€145k€139k▼
Financial income75/76B€125k€0▼
Recurring financial income75€125k€0▼
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€260k€130k▼
Income taxes67/77€35k€33k▼
Profit (loss) for the period9904€226k€97k▼
Profit (loss) for the period to be appropriated9905€226k€97k▼
Appropriation of the result
Profit (loss) to be appropriated9906€226k€97k▼
Transfer from equity791/2-€110k
Transfer to equity691/2€225k€96k▼
To other reserves6921€225k€96k▼
Profit to be distributed694/7€859€111k▲
Return on contributions (dividend)694€859€111k▲
The notes to these accounts (14 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €226k ▲234%
Net result €226k, the highest in the series.
31-12
Financial
Equity above €500kEq €663k ▲51.3%
7 profitable years in a row build equity to €663k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €264k ▲44.5%
4 profitable years in a row build equity to €264k.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €61k ▼12.5%
Net result drops to €61k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €183k ▲46.2%
3 profitable years in a row build equity to €183k.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
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, Sint-Niklaas · 1 establishment unit since 2008
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.
Sinaaidorp 67a9112 Sint-NiklaasGround area
1,419 m²
Building footprint
231 m²
Volume, LiDAR
574 m³
2 parcels, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TTCO BVBA
since 20082.173.622.223
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46019B0131/00W002 | Flanders | 987 m² | 1 · 122 m² | 4.4 m |
| 46019A1688/00W000 | Flanders | 431 m² | 1 · 110 m² | 7.2 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
SMART ENERGY SYSTEMS
BE 0645.898.650
Geraardsbergen · Eq €649k
Promation
BE 0843.180.814
Heist-op-den-Berg · Eq €647k
ALPHA TECHNICS
BE 0836.891.848
Sint-Niklaas · Eq €653k
ATYOS
BE 0543.459.623
Deinze · Eq €644k
Flender
BE 0681.642.259
Asse · Eq €641k
Of 1,221 companies in sector 33200 we hold annual accounts for 675. 419 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-10-2008
Fiscal year end31-12
Activities, NACEBEL
33200Installation of industrial machinery and equipment
22120Manufacture of rubber and plastic products
28220Manufacture of machinery and equipment not elsewhere classified
33110Repair and maintenance of fabricated metal products
33120Repair and maintenance of machinery
33190Repair, maintenance and installation of machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.