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TVDE

Active
Private limited companyfounded 20206 yrs activePolenplein 9, 8755 Wingene, BelgiumKBO/BCE: BE 0741.944.585
Summary

TVDE has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3k and a net result of €19k. Equity is growing by ~39.8% per year across the filed fiscal years. Its solvency ranks better than 20% of 2053 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability98▲+5
Solvency29▼-71
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Four 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 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 2053 sector peers (2025).
NBB · sector comparison
Position among 2053 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
2 d early
2024
87 d early
2023
19 d early
2022
21 d early
2021
25 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

TVDE was incorporated on 23 January 2020 as a Private limited company.1 Total assets rose from EUR 52,573 in 2021 to EUR 83,377 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

Financials · fiscal year 2025, micro schema

Equity
€3k▼ 97.8%
2024 · €141k
Total assets
€83k▼ 53.5%
2024 · €179k
Net result
€19k▼ 45.9%
2024 · €35k
Working capital
€-27k
2024 · €114k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€48k-€28k▼ 42.0%€51k▲ 81.1%€49k▼ 3.3%€31k▼ 36.2%
Net result€41k-€22k▼ 45.6%€39k▲ 73.3%€35k▼ 8.8%€19k▼ 45.9%
Equity€44k-€67k▲ 50.7%€105k▲ 58.3%€141k▲ 33.6%€3k▼ 97.8%
Total assets€53k-€74k▲ 41.3%€165k▲ 122%€179k▲ 8.7%€83k▼ 53.5%
Debt€8k-€8k▼ 8.3%€60k▲ 678%€39k▼ 35.4%€80k▲ 108%
Working capital€44k-€67k▲ 50.7%€83k▲ 24.4%€114k▲ 37.9%€-27k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2021: €48k€48kNet result 2021: €41k€41kOperating result 2022: €28k€28kNet result 2022: €22k€22kOperating result 2023: €51k€51kNet result 2023: €39k€39kOperating result 2024: €49k€49kNet result 2024: €35k€35kOperating result 2025: €31k€31kNet result 2025: €19k€19k20212022202320242025€0€20k€40k€60kOperating result 2023: €51k€51kNet result 2023: €39k€39kOperating result 2024: €49k€49kNet result 2024: €35k€35kOperating result 2025: €31k€31kNet result 2025: €19k€19k202320242025
The operating result has fallen two years in a row; 2025 is 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €83k
Fixed assets €59k ▲ 62.7%
Current assets €24k ▼ 83.1%
Equity and liabilities €83k
Equity €3k ▼ 97.8%
Debt €80k ▲ 108%
Debt's share of the balance-sheet total rises from 21.5% to 96.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€35k▼
2024 · €59k
Cash flow
€23k▼
2024 · €45k
Current ratio
0.47▼
2024 · 4.97
Debt to equity
25.79▲
2024 · 0.27
ROE
616.2%▲
2024 · 25.1%
ROA
23.0%▲
2024 · 19.7%
Interest coverage
23.92▼
2024 · 33.69
Debt ≤ 1 year
€51k▲
2024 · €29k
Debt > 1 year
€29k▲
2024 · €10k
Income taxes
€11k▼
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€179k€83k▼
Fixed assets21/28€36k€59k▲
Tangible fixed assets22/27€36k€59k▲
Plant, machinery and equipment23-€7k
Furniture and vehicles24€36k€52k▲
Current assets29/58€143k€24k▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€11k€16k▲
Trade receivables40€10k€15k▲
Other amounts receivable41€362€1k▲
Cash at bank and in hand54/58€131k€7k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€179k€83k▼
Equity10/15€141k€3k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€138k€113▼
Amounts payable17/49€39k€80k▲
Amounts payable after more than one year17€10k€29k▲
Financial debts170/4€10k€29k▲
Amounts payable within one year42/48€29k€51k▲
Current portion of amounts payable after more than one year42€14k€19k▲
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Taxes, remuneration and social security45€11k€7k▼
Taxes450/3€11k€7k▼
Other amounts payable47/48-€19k
Accrued charges and deferred income492/3-€88
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€4k▼
Other operating charges640/8€5k€15k▲
Gross operating margin9900€64k€50k▼
Operating profit (loss)9901€49k€31k▼
Financial income75/76B€104-
Recurring financial income75€104-
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€47k€30k▼
Income taxes67/77€12k€11k▼
Profit (loss) for the period9904€35k€19k▼
Profit (loss) for the period to be appropriated9905€35k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€138k€157k▲
Profit (loss) brought forward from the previous period14P€102k€138k▲
Profit to be distributed694/7-€157k
Return on contributions (dividend)694-€157k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€4k€10k€4k▼ 64.1%
Other operating charges640/8-€539€3k€5k€15k▲ 201%
Gross operating margin9900€49k€29k€57k€64k€50k▼ 22.4%
Operating profit (loss)9901€48k€28k€51k€49k€31k▼ 36.2%
Financial income75/76B-€71€70€104--
Recurring financial income75€667€71€70€104--
Financial charges65/66B-€44€871€2k€1k▼ 16.8%
Recurring financial charges65€31€44€871€2k€1k▼ 16.8%
Profit (loss) for the period before taxes9903€49k€28k€50k€47k€30k▼ 37.1%
Income taxes67/77€8k€6k€11k€12k€11k▼ 11.1%
Profit (loss) for the period9904€41k€22k€39k€35k€19k▼ 45.9%
Profit (loss) for the period to be appropriated9905€41k€22k€39k€35k€19k▼ 45.9%
Line20212022202320242025Change
Assets
Total assets20/58€53k€74k€165k€179k€83k▼ 53.5%
Fixed assets21/28--€46k€36k€59k▲ 62.7%
Tangible fixed assets22/27--€46k€36k€59k▲ 62.7%
Plant, machinery and equipment23----€7k-
Furniture and vehicles24--€46k€36k€52k▲ 42.9%
Current assets29/58€53k€74k€119k€143k€24k▼ 83.1%
Stocks and contracts in progress3--€14k€0--
Stocks30/36--€14k€0--
Amounts receivable within one year40/41€9k€1k€4k€11k€16k▲ 53.7%
Trade receivables40--€560€10k€15k▲ 46.4%
Other amounts receivable41-€1k€3k€362€1k▲ 260%
Cash at bank and in hand54/58€43k€73k€98k€131k€7k▼ 95.0%
Deferred charges and accrued income490/1-€71€3k€1k€1k▲ 7.5%
Equity and liabilities
Total equity and liabilities10/49€53k€74k€165k€179k€83k▼ 53.5%
Equity10/15€44k€67k€105k€141k€3k▼ 97.8%
Contributions10/11-€3k€3k€3k€3k=
Profit (loss) carried forward14€41k€64k€102k€138k€113▼ 99.9%
Amounts payable17/49€8k€8k€60k€39k€80k▲ 108%
Amounts payable after more than one year17--€24k€10k€29k▲ 197%
Financial debts170/4--€24k€10k€29k▲ 197%
Amounts payable within one year42/48€8k€8k€36k€29k€51k▲ 77.8%
Current portion of amounts payable after more than one year42--€13k€14k€19k▲ 37.4%
Trade debts44€490€403€8k€4k€6k▲ 45.3%
Suppliers440/4-€403€8k€4k€6k▲ 45.3%
Taxes, remuneration and social security45-€7k€14k€11k€7k▼ 33.4%
Taxes450/3-€7k€14k€11k€7k▼ 33.4%
Other amounts payable47/48----€19k-
Accrued charges and deferred income492/3----€88-
Line20212022202320242025Change
Profit (loss) for the period9904€41k€22k€39k€35k€19k▼ 45.9%
+ Depreciation and write-downs630--€4k€10k€4k▼ 64.1%
Operating cash flow (approximation)€41k€22k€43k€45k€23k▼ 49.9%
Investment in fixed assets (approximation)---€0€-26k-
Change in cash-€30k€25k€33k€-125k▼ 479%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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More with these figures Sector benchmark What changed Value indication

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
29-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Weakest financial yearnet €19k ▼45.9%
Net result drops to €19k, the lowest in the series.
2024
05-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
12-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Equity above €100kEq €105k ▲58.3%
3 profitable years in a row build equity to €105k.
10-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
06-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Wingene · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
984 m²
Building footprint
146 m²
Volume, LiDAR
829 m³
Parcel 37012C0018/00H002, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
TVDE
Polenplein 9, 8755 WingeneOther business support services
since 20202.299.417.860
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37012C0018/00H002 Flanders 984 m² 1 · 146 m² 9.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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

Of 949 companies in sector 85699 we hold annual accounts for 147. 36 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded23-01-2020
Fiscal year end30-06
Activities, NACEBEL 2025
85699Other educational support services
85510Sports and recreation education

Scores and ratios are computed by Checked and are not a credit decision.