TVD ENGINEERING
Annual accounts 2025
micro format, filed on 03-12-2025, 148 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €280,000. Estimated: probably between €220,000 and €360,000.
Balance sheet
balance sheet total €195,325 on 30-09-2025in euro
in euro
Position in the sector
87.1%
Higher than 88% of 11,794 companies in 2025.
6.97
Higher than 86% of 11,521 companies in 2025.
51.8%
Higher than 92% of 11,605 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
195,325 | 303,921 | 222,436 | 141,597 | |
21/28 |
24,902 | 35,589 | 46,277 | 31,903 | |
22/27 |
24,902 | 35,589 | 46,277 | 31,903 | |
24 |
8,203 | 16,103 | 24,003 | 31,903 | |
26 |
16,699 | 19,486 | 22,274 | - | |
29/58 |
170,424 | 268,332 | 176,159 | 109,694 | |
40/41 |
36,719 | 42,257 | 37,859 | 39,723 | |
40 |
34,274 | 41,777 | 37,859 | 39,112 | |
41 |
2,445 | 480 | 0 | 611 | |
54/58 |
131,340 | 223,516 | 136,103 | 67,524 | |
490/1 |
2,365 | 2,559 | 2,197 | 2,447 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
195,325 | 303,921 | 222,436 | 141,597 | |
10/15 |
170,159 | 274,016 | 181,278 | 95,620 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | |
13 |
163,000 | 268,000 | 176,000 | 90,000 | |
133 |
163,000 | 268,000 | 176,000 | 90,000 | |
14 |
2,159 | 1,016 | 278 | 620 | |
17/49 |
25,166 | 29,905 | 41,158 | 45,977 | |
17 |
675 | 8,705 | 16,613 | 24,401 | |
170/4 |
675 | 8,705 | 16,613 | 24,401 | |
42/48 |
24,466 | 21,200 | 24,095 | 21,576 | |
42 |
8,030 | 7,908 | 7,788 | 7,670 | |
44 |
5,386 | 3,642 | 9,101 | 2,967 | |
440/4 |
5,386 | 3,642 | 9,101 | 2,967 | |
45 |
3,924 | 4,533 | 3,767 | 6,067 | |
450/3 |
3,924 | 4,533 | 3,767 | 4,067 | |
454/9 |
- | - | 0 | 2,000 | |
47/48 |
7,126 | 5,117 | 3,439 | 4,872 | |
492/3 |
25 | 0 | 450 | - | |
| Income statement | |||||
9900 |
140,843 | 129,546 | 118,213 | 126,738 | |
630 |
10,688 | 10,688 | 9,020 | 7,597 | |
640/8 |
1,098 | 1,201 | 1,280 | 3,068 | |
9901 |
129,057 | 117,657 | 107,913 | 116,073 | |
75/76B |
1 | 10 | 0 | - | |
75 |
1 | 10 | 0 | - | |
65/66B |
360 | 396 | 532 | 1,064 | |
65 |
360 | 396 | 532 | 1,064 | |
9903 |
128,698 | 117,272 | 107,382 | 115,009 | |
67/77 |
27,555 | 24,533 | 21,724 | 24,389 | |
9904 |
101,143 | 92,739 | 85,657 | 90,620 | |
9905 |
101,143 | 92,739 | 85,657 | 90,620 | |
| Appropriation of the result | |||||
9906 |
102,159 | 93,016 | 86,278 | 90,620 | |
14P |
1,016 | 278 | 620 | - | |
791/2 |
205,000 | - | - | - | |
691/2 |
100,000 | 92,000 | 86,000 | 90,000 | |
6921 |
100,000 | 92,000 | 86,000 | 90,000 | |
694/7 |
205,000 | - | - | - | |
694 |
205,000 | - | - | - | |
| Document | |||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 03-12-2025.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2022 to 2025, 2 entries, €901 awarded, €901 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €280 | €280 |
| 2022 | 1 | €621 | €621 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 139,745 | 128,345 | 116,933 | 123,670 | ||
| 111,831 | 103,426 | 94,677 | 98,217 | ||
| 0 | 0 | 23,394 | 39,500 | ||
| -92,177 | 87,414 | 68,579 | - | ||
| 145,957 | 247,132 | 152,064 | 88,119 | ||
| 87.1% | 90.2% | 81.5% | 67.5% | ||
| 6.97 | 12.66 | 7.31 | 5.08 | ||
| 0.15 | 0.11 | 0.23 | 0.48 | ||
| 59.4% | 33.8% | 47.3% | 94.8% | ||
| 51.8% | 30.5% | 38.5% | 64.0% | ||
| over 100 | over 100 | over 100 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | €23,394 | €39,500 |
| €10,688 | €10,688 | €9,020 | €7,597 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on TVD ENGINEERING
The operating result for 2025 is 10% higher than in 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 9.8% to 12.9%. Equity and debt are lower.