TVP TRADING

Active

Private limited companyfounded 20196 yrs activeSplithage 2, 8340 Damme, BelgiumKBO/BCE: BE 0735.986.510

TVP TRADING has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €210k and a net result of €12k. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 60% of 7993 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

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Checked score

Score 2025

64 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability67▲+13

Solvency79▲+3

Growth52=

Track record100

Bankruptcy probability, 12 months

1.2% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €13k at 30 days acceptable

Liquidity ample (current ratio 2.95 against 1.94 in 2024; short-term debt: 29.8% and cash: 3% of total assets), and 45.8% of the assets are financed with debt.

How do we compute the score and the probability?

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

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

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

54.2%

Return on assets

3.1%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

17 d early

2024

76 d early

2023

44 d early

2022

35 d early

2021

34 d early

2020

16 d early

← before the deadline after the deadline →

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 months

Position in the running window

22-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, abbreviated schema

Equity

€210k▲ 6.0%

2024 · €199k

2020: €78k 2021: €160k 2022: €241k 2023: €198k 2024: €199k

2020 → 2025

Total assets

€388k▼ 0.8%

2024 · €391k

2020: €589k 2021: €360k 2022: €364k 2023: €497k 2024: €391k

2020 → 2025

Net result

€12k▼ 33.7%

2024 · €18k

2020: €140k 2021: €99k 2022: €99k 2023: €161k 2024: €18k

2020 → 2025

Working capital

€226k▲ 41.1%

2024 · €160k

2020: €265k 2021: €196k 2022: €258k 2023: €193k 2024: €160k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€160k-€241k▲ 50.9%€198k▼ 17.9%€199k▲ 0.2%€210k▲ 6.0%

Operating result€136k-€125k▼ 8.4%€161k▲ 28.8%€4k▼ 97.7%€23k▲ 524%

Net result€99k-€99k▼ 0.6%€161k▲ 63.1%€18k▼ 88.9%€12k▼ 33.7%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result recovers in 2025; 2025 is 524% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €388k

12.1%

87.9%

Fixed assets €47k▼ 24.1%

Current assets €341k▲ 3.5%

Equity and liabilities €388k

54.2%

45.8%

Equity €210k▲ 6.0%

Debt €178k▼ 7.9%

The debt ratio falls from 49.3% to 45.8%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€36k▲

2024 · €15k

Cash flow

€25k▼

2024 · €29k

Solvency

54.2%▲

2024 · 50.7%

Current ratio

2.95▲

2024 · 1.94

Quick ratio

0.68▲

2024 · 0.37

Debt / equity

0.84▼

2024 · 0.97

ROE

5.6%▼

2024 · 9.0%

ROA

3.1%▼

2024 · 4.6%

Interest coverage

5.33▲

2024 · 3.56

Debt

€178k▼

2024 · €193k

Debt ≤ 1 year

€115k▼

2024 · €170k

Debt > 1 year

€33k▲

2024 · €23k

Income taxes

€5k▲

2024 · €1

Staff costs

€0▼

2024 · €33k

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€391k€388k▼

Fixed assets21/28€62k€47k▼

Intangible fixed assets21€3k€2k▼

Tangible fixed assets22/27€48k€43k▼

Plant, machinery and equipment23€6k€10k▲

Furniture and vehicles24€42k€32k▼

Financial fixed assets28€12k€3k▼

Current assets29/58€329k€341k▲

Stocks and contracts in progress3€266k€263k▼

Stocks30/36€266k€263k▼

Amounts receivable within one year40/41€38k€66k▲

Trade receivables40€37k€50k▲

Other amounts receivable41€2k€16k▲

Cash at bank and in hand54/58€11k€11k▲

Deferred charges and accrued income490/1€14k€1k▼

Equity and liabilities

Total equity and liabilities10/49€391k€388k▼

Equity10/15€199k€210k▲

Contributions10/11€5k€5k=

Reserves13€646€12k▲

Tax-exempt reserves132€646€646=

Distributable reserves133-€12k

Profit (loss) carried forward14€193k€193k=

Amounts payable17/49€193k€178k▼

Amounts payable after more than one year17€23k€33k▲

Financial debts170/4€23k€33k▲

Amounts payable within one year42/48€170k€115k▼

Current portion of amounts payable after more than one year42€10k€10k▲

Trade debts44€89k€90k▲

Suppliers440/4€89k€90k▲

Advances received on contracts in progress46€0-

Taxes, remuneration and social security45€3k€1k▼

Taxes450/3€837€1k▲

Remuneration and social security454/9€2k€0▼

Other amounts payable47/48€67k€15k▼

Accrued charges and deferred income492/3€68€29k▲

Income statement Code20242025

Remuneration, social security and pensions62€33k€0▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€13k▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€0▼

Other operating charges640/8€1k€1k▲

Non-recurring operating charges66A€976€0▼

Gross operating margin9900€53k€37k▼

Operating profit (loss)9901€4k€23k▲

Financial income75/76B€18k€699▼

Recurring financial income75€18k€699▼

Financial charges65/66B€4k€7k▲

Recurring financial charges65€4k€7k▲

Profit (loss) for the period before taxes9903€18k€17k▼

Income taxes67/77€1€5k▲

Profit (loss) for the period9904€18k€12k▼

Profit (loss) for the period to be appropriated9905€18k€12k▼

Appropriation of the result

Profit (loss) to be appropriated9906€210k€205k▼

Profit (loss) brought forward from the previous period14P€193k€193k▲

Transfer to equity691/2-€12k

To other reserves6921-€12k

Profit to be distributed694/7€18k€0▼

Return on contributions (dividend)694€0-

Directors or managers695€18k€0▼

Social balance

Average headcount (FTE)90870.60.0▼

The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 11Financial 5Filings 6

Next filing, fiscal year 2026, expected by 31-07-2027

2026

14-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

31-12

Financial Weakest financial yearnet €12k ▼33.7%

Net result drops to €12k, the lowest in the series.

31-12

Financial Equity above €200kEq €210k ▲6%

6 profitable years in a row build equity to €210k.

16-05

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

17-06

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

31-12

Financial Highest result since 2020net €161k ▲63.1%

Net result €161k, the highest in the series.

26-06

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

31-12

Financial Equity above €200kEq €241k ▲50.9%

3 profitable years in a row build equity to €241k.

27-06

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

31-12

Financial Equity above €150kEq €160k ▲105%

2 profitable years in a row build equity to €160k.

15-07

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

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, Damme · 1 establishment unit since 2019

establishment The establishment unit on the map

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.

Splithage 28340 Damme

Ground area

638 m²

Building footprint

159 m²

Volume, LiDAR

747 m³

Parcel 31026C0807/00K000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

TVP TRADING

Splithage 2, 8340 DammeNACE 45112

since 20192.294.854.704

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31026C0807/00K000	Flanders	638 m²	1 · 159 m²	7.0 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.

Public money · subsidies and aid

Flemish government

2023 to 2024 · 3 entries · 4,634 EUR awarded · 5,052 EUR paid

Year	Entries	awarded	paid
2024	2	4,634 EUR	4,634 EUR
2023	1	0 EUR	418 EUR

Schemes

Subsidies voor internationaal ondernemen

1 entry · 4,500 EUR · 4,500 EUR paid · Vlaams Agentschap voor Internationaal Ondernemen

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

2 entries · 134 EUR · 552 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Bestway Belux

BE 0794.766.134

Oudenaarde · Eq €210k

ESPACE CHASSIS ET VERANDAS

Of 4,422 companies in sector 46180 we hold annual accounts for 1,886. 1,349 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded11-10-2019

Fiscal year end31-12

Activities, NACEBEL

45112

46180Agents specialised in the wholesale of other particular products

47811Retail sale of cars and light vans (up to 3.5 tonnes)

47820Retail sale of motor vehicle parts and accessories

45401

45402

46730Wholesale trade

47300Retail sale of automotive fuel

47690Retail sale of other cultural and recreation goods

47783Retail trade

47784Retail trade

47787Retail trade

47791Retail sale of antiques

47830Retail sale of motorcycles and motorcycle parts and accessories

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.