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TVPW

Active
Private limited companyfounded 20223 yrs activeHoutmolenstraat 95, 3900 Pelt, BelgiumKBO/BCE: BE 0794.304.591

TVPW has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €144k and a net result of €101k. Equity is growing by ~55.7% per year across the filed fiscal years. Its solvency ranks better than 74% of 9388 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
93 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+5
Growth78=
Track record94
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 2.58 against 2.09 in 2024; short-term debt: 23.3% and cash: 51.3% of total assets), and 23.3% 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 riskneutral
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
elevated failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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 2025
Solvency, return and age of the figures
Solvency
76.7%
Return on assets
53.9%
Age of the figures
9 mo
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 10-04-2026, 112 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
112 d early
2024
154 d early
2023
13 d early
2022
5 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 months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 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

Financials · fiscal year 2025, micro schema

Equity
€144k▼ 10.2%
2024 · €160k
2022: €2k 2023: €82k 2024: €160k
2022 → 2025
Total assets
€188k▼ 17.9%
2024 · €229k
2022: €67k 2023: €157k 2024: €229k
2022 → 2025
Net result
€101k▲ 28.9%
2024 · €79k
2022: €429 2023: €79k 2024: €79k
2022 → 2025
Working capital
€69k▼ 6.7%
2024 · €74k
2022: €-7k 2023: €4k 2024: €74k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€2k-€82k▲ 3,268%€160k▲ 96.1%€144k▼ 10.2%
Operating result€516-€102k▲ 19,571%€99k▼ 2.4%€129k▲ 29.6%
Net result€429-€79k▲ 18,410%€79k▼ 1.0%€101k▲ 28.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2022: €516€516Net result 2022: €429€429Operating result 2023: €102k€102kNet result 2023: €79k€79kOperating result 2024: €99k€99kNet result 2024: €79k€79kOperating result 2025: €129k€129kNet result 2025: €101k€101k2022202320242025
The operating result recovers in 2025; 2025 is 30% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €187k
Fixed assets €74k▼ 12.8%
Current assets €113k▼ 20.7%
Equity and liabilities €188k
Equity €144k▼ 10.2%
Debt €44k▼ 35.9%
The debt ratio falls from 29.9% to 23.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€153k
2024 · €120k
Cash flow
€125k
2024 · €99k
Solvency
76.7%
2024 · 70.1%
Current ratio
2.58
2024 · 2.09
Quick ratio
2.26
2024 · 1.88
Debt / equity
0.30
2024 · 0.43
ROE
70.3%
2024 · 49.0%
ROA
53.9%
2024 · 34.4%
Interest coverage
291.89
2024 · 98.42
Debt
€44k
2024 · €68k
Debt ≤ 1 year
€44k
2024 · €68k
Income taxes
€27k
2024 · €20k
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€229k€188k
Formation expenses20€1k€970
Fixed assets21/28€85k€74k
Tangible fixed assets22/27€81k€70k
Plant, machinery and equipment23€35k€27k
Furniture and vehicles24€44k€41k
Other tangible fixed assets26€3k€2k
Financial fixed assets28€4k€4k=
Current assets29/58€142k€113k
Stocks and contracts in progress3€14k€14k
Stocks30/36€14k€14k
Amounts receivable within one year40/41€30k€0
Trade receivables40€29k€0
Other amounts receivable41€1k€0
Cash at bank and in hand54/58€96k€96k
Deferred charges and accrued income490/1€2k€3k
Equity and liabilities
Total equity and liabilities10/49€229k€188k
Equity10/15€160k€144k
Contributions10/11€2k€2k=
Reserves13€158k€142k
Distributable reserves133€158k€142k
Profit (loss) carried forward14-€0
Amounts payable17/49€68k€44k
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€68k€44k
Current portion of amounts payable after more than one year42€14k€0
Trade debts44€30k€26k
Suppliers440/4€30k€26k
Taxes, remuneration and social security45€25k€16k
Taxes450/3€25k€16k
Other amounts payable47/48-€2k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€24k
Other operating charges640/8€369€1k
Non-recurring operating charges66A€0-
Gross operating margin9900€120k€154k
Operating profit (loss)9901€99k€129k
Financial income75/76B€318€456
Recurring financial income75€318€456
Financial charges65/66B€1k€523
Recurring financial charges65€1k€523
Profit (loss) for the period before taxes9903€98k€128k
Income taxes67/77€20k€27k
Profit (loss) for the period9904€79k€101k
Profit (loss) for the period to be appropriated9905€79k€101k
Appropriation of the result
Profit (loss) to be appropriated9906€79k€101k
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€118k
Transfer to equity691/2€79k€101k
To other reserves6921€79k€101k
Profit to be distributed694/7-€118k
Return on contributions (dividend)694-€118k

The notes to these accounts (11 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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2022net €101k ▲28.9%
Operating result €129k, net result €101k, both a record.
27-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €150kEq €160k ▲96.1%
3 profitable years in a row build equity to €160k.
18-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Pelt · 1 establishment unit since 2022
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.

Houtmolenstraat 953900 Pelt
Ground area
1,139 m²
Building footprint
123 m²
Volume, LiDAR
591 m³
Parcel 72029A0705/00W003, Flanders · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TVPW
Houtmolenstraat 95, 3900 PeltEngineering and related technical consultancy, excluding land surveyors
since 20222.338.796.791
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72029A0705/00W003 Flanders 1,139 m² 1 · 123 m² 6.3 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.

Similar companies · same sector, comparable size

Of 11,553 companies in sector 71121 we hold annual accounts for 6,555. 5,230 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded01-12-2022
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.