TUC Management
ActiveSummary
TUC Management has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-154k) and a net result of €-10k. Equity is shrinking by ~25.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability38▲+34
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.28 against 0.33 in 2023; short-term debt: 50.1% and cash: 1.2% of total assets), and equity is negative.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-85.9%
Return on assets
-5.6%
Age of the figures
21 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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-154k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
33 d early
2022
38 d early
2021
11 d early
2020
29 d early
2019
21 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-154k▼ 7.0%
2023 · €-143k
2018: €-2k
2019: €-43k
2020: €-68k
2021: €-99k
2022: €-119k
2023: €-143k
2018 → 2024
Total assets
€179k▼ 11.9%
2023 · €203k
2018: €301k
2019: €252k
2020: €235k
2021: €215k
2022: €213k
2023: €203k
2018 → 2024
Net result
€-10k▲ 58.9%
2023 · €-24k
2018: €-36k
2019: €-41k
2020: €-26k
2021: €-31k
2022: €-20k
2023: €-24k
2018 → 2024
Working capital
€-64k▼ 0.2%
2023 · €-64k
2018: €-14k
2019: €-30k
2020: €-45k
2021: €-50k
2022: €-57k
2023: €-64k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-68k-€-99k▼ 45.3%€-119k▼ 19.9%€-143k▼ 20.4%€-154k▼ 7.0%
Operating result€-17k-€-23k▼ 37.3%€-13k▲ 43.3%€-19k▼ 45.4%€-6k▲ 68.0%
Net result€-26k-€-31k▼ 21.2%€-20k▲ 36.2%€-24k▼ 23.3%€-10k▲ 58.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2024 against €19k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €179k
Fixed assets
€153k ▼ 10.3%
Current assets
€25k ▼ 20.1%
Key figures and ratios
EBITDA
€12k▲
2023 · €-159
Cash flow
€8k▲
2023 · €-6k
Solvency
-85.9%▼
2023 · -70.8%
Current ratio
0.28▼
2023 · 0.33
Debt to equity
-2.16▲
2023 · -2.41
ROA
-5.6%▲
2023 · -12.0%
Interest coverage
3.15▲
2023 · -0.03
Debt
€332k▼
2023 · €346k
Debt ≤ 1 year
€90k▼
2023 · €96k
Debt > 1 year
€243k▼
2023 · €250k
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 · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€203k€179k▼
Fixed assets21/28€171k€153k▼
Tangible fixed assets22/27€171k€153k▼
Land and buildings22€153k€139k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€12k€9k▼
Financial fixed assets28€550€750▲
Current assets29/58€32k€25k▼
Amounts receivable within one year40/41€31k€22k▼
Trade receivables40€30k€22k▼
Other amounts receivable41€1k€124▼
Cash at bank and in hand54/58€17€2k▲
Deferred charges and accrued income490/1€545€729▲
Equity and liabilities
Total equity and liabilities10/49€203k€179k▼
Equity10/15€-143k€-154k▼
Contributions10/11€14k€14k=
Reserves13€34k€34k=
Distributable reserves133€34k€34k=
Profit (loss) carried forward14€-192k€-202k▼
Amounts payable17/49€346k€332k▼
Amounts payable after more than one year17€250k€243k▼
Financial debts170/4€60k€30k▼
Other amounts payable178/9€190k€213k▲
Amounts payable within one year42/48€96k€90k▼
Current portion of amounts payable after more than one year42€29k€31k▲
Financial debts43€326-
Credit institutions430/8€326-
Trade debts44€12k€3k▼
Suppliers440/4€12k€3k▼
Taxes, remuneration and social security45€132€2k▲
Taxes450/3€132€2k▲
Other amounts payable47/48€54k€54k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€19k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€2k€15k▲
Operating profit (loss)9901€-19k€-6k▲
Financial income75/76B€5-
Recurring financial income75€5-
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€-24k€-10k▲
Income taxes67/77€132-
Profit (loss) for the period9904€-24k€-10k▲
Profit (loss) for the period to be appropriated9905€-24k€-10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-192k€-202k▼
Profit (loss) brought forward from the previous period14P€-167k€-192k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-41k
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 24 days late
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, Tubize · 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.
rue de Platain Bois 11480 TubizeGround area
4,945 m²
Building footprint
488 m²
Volume, LiDAR
4,590 m³
Parcel 25097A0129/00H000, Wallonia · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TUC Management
since 20082.170.994.513
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25097A0129/00H000 | Wallonia | 4,944 m² | 1 · 488 m² | 12.1 m · 3 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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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 5,699 companies in sector 70100 we hold annual accounts for 3,494. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-03-2008
Fiscal year end31-12
Abbreviation FR
TUC
Activities, NACEBEL 2025
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.