TVW
ActiveSummary
TVW has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €114,116 and a net result of €94,381. Equity is growing by ~44.9% per year across the filed fiscal years. Its solvency ranks better than 54% of 2610 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+22
Solvency68▼-32
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity ample (current ratio 1.75 against 4.97 in 2024; short-term debt: 56.2% and cash: 22.5% of total assets), but 57.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
42.6%
Return on assets
35.2%
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 09-06-2026, 52 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
52 d early
2024
24 d early
2023
1 d early
2022
29 d late
2021
5 d early
2020
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 9 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 26 July (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#9 company by equity in Waterloo, Other services sector
Equity
€114,116▼ 13.6%
2024 · €132,113
Total assets
€267,990▲ 63.7%
2024 · €163,671
Net result
€94,381▲ 661%
2024 · €12,395
Working capital
€112,248▼ 10.4%
2024 · €125,246
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€35,208▲ 226%€85,178▲ 142%€12,794▼ 85.0%€20,562▲ 60.7%€133,975▲ 552%
Net result€29,180above the sector's middle half▲ 191%€66,538above the sector's middle half▲ 128%€11,394within the sector's middle half▼ 82.9%€12,395within the sector's middle half▲ 8.8%€94,381above the sector's middle half▲ 661%
Equity€43,419within the sector's middle half▲ 189%€109,157within the sector's middle half▲ 151%€120,551within the sector's middle half▲ 10.4%€132,113within the sector's middle half▲ 9.6%€114,116within the sector's middle half▼ 13.6%
Total assets€82,277within the sector's middle half▲ 142%€145,159within the sector's middle half▲ 76.4%€177,971within the sector's middle half▲ 22.6%€163,671within the sector's middle half▼ 8.0%€267,990within the sector's middle half▲ 63.7%
Debt€38,858▲ 105%€36,002▼ 7.3%€57,421▲ 59.5%€31,558▼ 45.0%€153,874▲ 388%
Working capital€32,870within the sector's middle half▲ 820%€100,281above the sector's middle half▲ 205%€111,080above the sector's middle half▲ 10.8%€125,246above the sector's middle half▲ 12.8%€112,248above the sector's middle half▼ 10.4%
Solvency52.8%within the sector's middle half▲ 8.5pp75.2%above the sector's middle half▲ 22.4pp67.7%above the sector's middle half▼ 7.5pp80.7%above the sector's middle half▲ 13.0pp42.6%within the sector's middle half▼ 38.1pp
Current ratio1.87within the sector's middle half▲ 0.673.79above the sector's middle half▲ 1.922.93above the sector's middle half▼ 0.854.97above the sector's middle half▲ 2.031.75within the sector's middle half▼ 3.22
Return on assets (ROA)35.5%above the sector's middle half▲ 5.9pp45.8%above the sector's middle half▲ 10.4pp6.4%within the sector's middle half▼ 39.4pp7.6%within the sector's middle half▲ 1.2pp35.2%above the sector's middle half▲ 27.6pp
Staff (FTE)1.1▲ 1,000%3▲ 173%5.1▲ 70.0%5.2▲ 2.0%7.6▲ 46.2%
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 552% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €267,990
Fixed assets
€5,221 ▼ 24.0%
Current assets
€262,769 ▲ 67.6%
Equity and liabilities €267,990
Equity
€114,116 ▼ 13.6%
Debt
€153,874 ▲ 388%
Debt's share of the balance-sheet total rises from 19.3% to 57.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€138,429▲
2024 · €25,992
Cash flow
€98,835▲
2024 · €17,826
Quick ratio
0.57▼
2024 · 1.17
Debt to equity
1.35▲
2024 · 0.24
ROE
82.7%▲
2024 · 9.4%
Interest coverage
26.87▼
2024 · 27.03
Debt ≤ 1 year
€150,521▲
2024 · €31,558
Income taxes
€34,659▲
2024 · €7,302
Staff costs
€76,914▲
2024 · €76,375
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €25,154 | €47,541 | €64,429 | €76,375 | €76,914 | ▲ 0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,537 | €3,861 | €5,125 | €5,431 | €4,454 | ▼ 18.0% |
| Other operating charges640/8 | €348 | €348 | €384 | €387 | €475 | ▲ 22.6% |
| Gross operating margin9900 | €64,247 | €136,927 | €82,732 | €102,755 | €215,818 | ▲ 110% |
| Operating profit (loss)9901 | €35,208 | €85,178 | €12,794 | €20,562 | €133,975 | ▲ 552% |
| Financial income75/76B | €65 | €38 | €10 | €97 | €216 | ▲ 122% |
| Recurring financial income75 | €65 | €38 | €10 | €97 | €216 | ▲ 122% |
| Financial charges65/66B | €1,070 | €1,568 | €1,468 | €962 | €5,151 | ▲ 436% |
| Recurring financial charges65 | €1,070 | €1,568 | €1,468 | €962 | €5,151 | ▲ 436% |
| Profit (loss) for the period before taxes9903 | €34,203 | €83,647 | €11,336 | €19,697 | €129,040 | ▲ 555% |
| Income taxes67/77 | €5,023 | €17,110 | -€58 | €7,302 | €34,659 | ▲ 375% |
| Profit (loss) for the period9904 | €29,180 | €66,538 | €11,394 | €12,395 | €94,381 | ▲ 661% |
| Transfer to tax-exempt reserves689 | - | - | - | €14,735 | - | - |
| Profit (loss) for the period to be appropriated9905 | €29,180 | €66,538 | €11,394 | -€2,340 | €94,381 | ▲ 4,133% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €82,277 | €145,159 | €177,971 | €163,671 | €267,990 | ▲ 63.7% |
| Fixed assets21/28 | €11,581 | €8,876 | €9,471 | €6,866 | €5,221 | ▼ 24.0% |
| Tangible fixed assets22/27 | €11,581 | €8,876 | €9,471 | €6,866 | €5,221 | ▼ 24.0% |
| Furniture and vehicles24 | €11,581 | €8,876 | €9,471 | €6,866 | €5,221 | ▼ 24.0% |
| Current assets29/58 | €70,696 | €136,283 | €168,501 | €156,805 | €262,769 | ▲ 67.6% |
| Stocks and contracts in progress3 | €40,567 | €69,272 | €107,084 | €119,959 | €176,752 | ▲ 47.3% |
| Stocks30/36 | €40,567 | €69,272 | €107,084 | €119,959 | €176,752 | ▲ 47.3% |
| Amounts receivable within one year40/41 | €19,828 | €17,006 | €39,269 | €27,264 | €21,599 | ▼ 20.8% |
| Trade receivables40 | €19,819 | €16,332 | €22,830 | €19,302 | €16,764 | ▼ 13.2% |
| Other amounts receivable41 | €9 | €673 | €16,439 | €7,963 | €4,835 | ▼ 39.3% |
| Cash at bank and in hand54/58 | €10,244 | €50,005 | €21,494 | €4,475 | €60,326 | ▲ 1,248% |
| Deferred charges and accrued income490/1 | €57 | - | €653 | €5,106 | €4,092 | ▼ 19.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €82,277 | €145,159 | €177,971 | €163,671 | €267,990 | ▲ 63.7% |
| Equity10/15 | €43,419 | €109,157 | €120,551 | €132,113 | €114,116 | ▼ 13.6% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | - | - | - | €14,735 | €14,735 | = |
| Tax-exempt reserves132 | - | - | - | €14,735 | €14,735 | = |
| Profit (loss) carried forward14 | €38,419 | €104,157 | €115,551 | €112,378 | €94,381 | ▼ 16.0% |
| Amounts payable17/49 | €38,858 | €36,002 | €57,421 | €31,558 | €153,874 | ▲ 388% |
| Amounts payable within one year42/48 | €37,826 | €36,002 | €57,421 | €31,558 | €150,521 | ▲ 377% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €1,613 | - |
| Trade debts44 | €11,321 | €5,562 | €30,359 | €19,665 | €9,394 | ▼ 52.2% |
| Suppliers440/4 | €11,321 | €5,562 | €30,359 | €19,665 | €9,394 | ▼ 52.2% |
| Advances received on contracts in progress46 | - | €3,500 | - | - | - | - |
| Taxes, remuneration and social security45 | €15,830 | €20,106 | €21,548 | €11,353 | €44,536 | ▲ 292% |
| Taxes450/3 | €11,554 | €15,213 | €12,240 | - | €27,879 | - |
| Remuneration and social security454/9 | €4,276 | €4,893 | €9,308 | €11,353 | €16,656 | ▲ 46.7% |
| Other amounts payable47/48 | €10,675 | €6,835 | €5,514 | €541 | €94,978 | ▲ 17,463% |
| Accrued charges and deferred income492/3 | €1,032 | - | - | - | €3,352 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,180 | €66,538 | €11,394 | €12,395 | €94,381 | ▲ 661% |
| + Depreciation and write-downs630 | €3,537 | €3,861 | €5,125 | €5,431 | €4,454 | ▼ 18.0% |
| Operating cash flow (approximation) | €32,717 | €70,399 | €16,518 | €17,826 | €98,835 | ▲ 454% |
| Investment in fixed assets (approximation) | - | -€1,156 | -€5,719 | -€2,826 | -€2,808 | ▲ 0.6% |
| Change in cash | - | €39,761 | -€28,511 | -€17,019 | €55,851 | ▲ 428% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
State Gazette act
Appointment: ROMBEAU Christophe (director)2 facts ▸
State Gazette act
Appointment: ROMBEAU Christophe (director)
2 facts ▸
- General meeting, 01-07-2026
- Director appointment, ROMBEAU Christophe (director)
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €94,381 ▲661%
Operating result €133,975, net result €94,381, both a record.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 3.79
Current ratio from 1.87 to 3.79; short-term debt falls from €37,826 to €36,002.
31-12
Financial
Equity above €100,000Eq €109,157 ▲151%
3 profitable years in a row build equity to €109,157.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
ROMBEAU Christophe
CurrentDirector · since 01-07-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Waterloo · 1 establishment unit since 2020
Ground area
101 m²
Building footprint
68 m²
Volume, LiDAR
744 m³
Parcel 25762F0081/00A000, Wallonia · tallest building 12.5 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
TVW
since 20202.298.105.192
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25762F0081/00A000 | Wallonia | 101 m² | 1 · 68 m² | 12.5 m · 4 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.
Mandate history
1 person since 2026, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| ROMBEAU Christophe |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Of 188 companies in sector 95250 we hold annual accounts for 34. 26 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
Founded18-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
95250Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Contact
E-mail
yvc.compta@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0739778814
Also
9925:BE0739778814
Registered
02-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.