TVR
ActiveThe computed 12-month bankruptcy probability of TVR is 1.8% (moderate). For TVR, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €618k and a net result of €231k. Equity is growing by ~61.6% per year across the filed fiscal years. Its solvency ranks better than 85% of 26048 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability100▲+16
Solvency100▲+22
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 231 days later.
NBB · 4 filingsPosition against the passed deadline
30-06-2025 close31-01-2026 deadline19-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 30-06-2025, 150 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
150 d late
2023
29 d late
2022
28 d late
2021
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€618k▲ 59.5%
2023 · €388k
2021: €141k
2022: €253k
2023: €388k
2021 → 2024
Total assets
€803k▲ 10.0%
2023 · €730k
2021: €361k
2022: €501k
2023: €730k
2021 → 2024
Net result
€231k▲ 71.2%
2023 · €135k
2021: €156k
2022: €124k
2023: €135k
2021 → 2024
Working capital
€537k▲ 78.7%
2023 · €301k
2021: €65k
2022: €189k
2023: €301k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€141k-€253k▲ 79.5%€388k▲ 53.2%€618k▲ 59.5%
Operating result€191k-€158k▼ 17.2%€176k▲ 10.9%€304k▲ 72.9%
Net result€156k-€124k▼ 20.4%€135k▲ 8.5%€231k▲ 71.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 73% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €803k
Fixed assets
€116k▼ 11.7%
Current assets
€687k▲ 14.8%
Equity and liabilities €803k
Equity
€618k▲ 59.5%
Debt
€185k▼ 46.0%
The debt ratio falls from 46.9% to 23.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€325k▲
2023 · €196k
Cash flow
€252k▲
2023 · €155k
Solvency
77.0%▲
2023 · 53.1%
Current ratio
4.59▲
2023 · 2.01
Quick ratio
2.19▲
2023 · 1.08
Debt / equity
0.30▼
2023 · 0.88
ROE
37.3%▲
2023 · 34.7%
ROA
28.7%▲
2023 · 18.4%
Interest coverage
104.93
Debt
€185k▼
2023 · €343k
Debt ≤ 1 year
€150k▼
2023 · €298k
Debt > 1 year
€35k▼
2023 · €42k
Income taxes
€70k▲
2023 · €41k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€730k€803k▲
Fixed assets21/28€132k€116k▼
Intangible fixed assets21€1€1=
Tangible fixed assets22/27€132k€116k▼
Land and buildings22€57k€49k▼
Plant, machinery and equipment23€7k€6k▼
Furniture and vehicles24€68k€61k▼
Current assets29/58€599k€687k▲
Stocks and contracts in progress3€277k€359k▲
Stocks30/36€277k€359k▲
Amounts receivable within one year40/41€31k€59k▲
Trade receivables40€30k€59k▲
Other amounts receivable41€559-
Current investments50/53€1k€13k▲
Cash at bank and in hand54/58€288k€256k▼
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€730k€803k▲
Equity10/15€388k€618k▲
Contributions10/11€5k€5k=
Capital10€5k€5k=
Issued capital100€5k€5k=
Reserves13€383k€613k▲
Distributable reserves133€383k€613k▲
Amounts payable17/49€343k€185k▼
Amounts payable after more than one year17€42k€35k▼
Financial debts170/4€42k€35k▼
Amounts payable within one year42/48€298k€150k▼
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€81k€22k▼
Suppliers440/4€81k€22k▼
Taxes, remuneration and social security45€56k€39k▼
Taxes450/3€54k€38k▼
Remuneration and social security454/9€2k€1k▼
Other amounts payable47/48€155k€82k▼
Accrued charges and deferred income492/3€3k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€21k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€198k€327k▲
Operating profit (loss)9901€176k€304k▲
Financial income75/76B-€47
Recurring financial income75-€47
Financial charges65/66B-€3k
Recurring financial charges65-€3k
Profit (loss) for the period before taxes9903€176k€301k▲
Income taxes67/77€41k€70k▲
Profit (loss) for the period9904€135k€231k▲
Profit (loss) for the period to be appropriated9905€135k€231k▲
Appropriation of the result
Profit (loss) to be appropriated9906€135k€231k▲
Transfer to equity691/2€135k€231k▲
To other reserves6921€135k€231k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 150 days late
2024
30-06
Financial
Highest result since 2021net €231k ▲71.2%
Operating result €304k, net result €231k, both a record.
30-06
Financial
Liquidity doublescurrent ratio 4.59
Current ratio from 2.01 to 4.59; short-term debt falls from €298k to €150k.
30-06
Financial
Equity above €500kEq €618k ▲59.5%
4 profitable years in a row build equity to €618k.
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
30-06
Financial
Weakest financial yearnet €124k ▼20.4%
Net result drops to €124k, the lowest in the series; recovery starts the following year.
30-06
Financial
Equity above €200kEq €253k ▲79.5%
2 profitable years in a row build equity to €253k.
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Herselt · 1 establishment unit since 2019
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.
Vispoel 22230 HerseltGround area
4,378 m²
Building footprint
165 m²
Volume, LiDAR
768 m³
Parcel 13013D0462/00B009, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TVR
since 20192.296.427.290
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13013D0462/00B009 | Flanders | 4,378 m² | 1 · 165 m² | 9.0 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.
Similar companies · same sector, comparable size
METAL REK SYSTEM
BE 0471.311.023
Herk-de-Stad · Eq €615k
MAISON RESIMONT
BE 0862.639.410
Huy · Eq €623k
WORKTOOLS
BE 0471.859.864
Overijse · Eq €614k
Espaces Verts Etablissemments LEROY-GAUTHIER
BE 0404.369.442
Bastogne · Eq €632k
Slotenonline
BE 0830.757.488
Beringen · Eq €633k
Of 301 companies in sector 47525 we hold annual accounts for 207. 163 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-10-2019
Fiscal year end30-06
Activities, NACEBEL
47525Retail trade
33120Repair and maintenance of machinery
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.