Tvzc
ActiveSummary
Tvzc has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €119k and a net result of €24k. Equity is growing by ~22.5% per year across the filed fiscal years. Its solvency ranks better than 77% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability89▲+8
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 5.37 against 4.62 in 2023; short-term debt: 18.6% and cash: 2.9% of total assets), and 18.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-07-2025, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
8 d early
2022
6 d early
2021
5 d early
2020
25 d early
2019
17 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€119k▲ 24.7%
2023 · €95k
2018: €35k
2019: €44k
2020: €51k
2021: €57k
2022: €83k
2023: €95k
2018 → 2024
Total assets
€146k▲ 20.2%
2023 · €122k
2018: €48k
2019: €110k
2020: €100k
2021: €100k
2022: €100k
2023: €122k
2018 → 2024
Net result
€24k▲ 92.0%
2023 · €12k
2018: €14k
2019: €9k
2020: €7k
2021: €6k
2022: €26k
2023: €12k
2018 → 2024
Working capital
€119k▲ 24.7%
2023 · €95k
2018: €30k
2019: €33k
2020: €37k
2021: €45k
2022: €70k
2023: €95k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€51k-€57k▲ 11.9%€83k▲ 45.8%€95k▲ 14.8%€119k▲ 24.7%
Operating result€8k-€8k▲ 5.9%€36k▲ 337%€17k▼ 52.5%€31k▲ 81.7%
Net result€7k-€6k▼ 8.4%€26k▲ 331%€12k▼ 52.9%€24k▲ 92.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 82% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €146k
Equity
€119k ▲ 24.7%
Debt
€27k ▲ 3.6%
Debt's share of the balance-sheet total falls from 21.6% to 18.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€31k▲
2023 · €30k
Cash flow
€24k▼
2023 · €26k
Current ratio
5.37▲
2023 · 4.62
Debt to equity
0.23▼
2023 · 0.28
ROE
19.8%▲
2023 · 12.9%
ROA
16.1%▲
2023 · 10.1%
Interest coverage
11.58▼
2023 · 12.80
Debt ≤ 1 year
€27k▲
2023 · €26k
Income taxes
€11k▲
2023 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€122k€146k▲
Fixed assets21/28€0€0▼
Tangible fixed assets22/27€0€0▼
Furniture and vehicles24€0€0▼
Current assets29/58€122k€146k▲
Amounts receivable after more than one year29€92k€108k▲
Trade receivables290€92k-
Other amounts receivable291-€108k
Amounts receivable within one year40/41€67€76▲
Other amounts receivable41€67€76▲
Current investments50/53€22k€33k▲
Cash at bank and in hand54/58€7k€4k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€122k€146k▲
Equity10/15€95k€119k▲
Contributions10/11€19k€19k=
Reserves13€77k€100k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€4k€4k=
Distributable reserves133€71k€95k▲
Amounts payable17/49€26k€27k▲
Amounts payable within one year42/48€26k€27k▲
Current portion of amounts payable after more than one year42€2k€0▼
Financial debts43€179€18▼
Credit institutions430/8€179€18▼
Trade debts44€9k€14k▲
Suppliers440/4€9k€14k▲
Taxes, remuneration and social security45€15k€13k▼
Taxes450/3€15k€13k▼
Income statement
Code20232024
Non-recurring operating income76A€400€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€0▼
Other operating charges640/8€942€852▼
Gross operating margin9900€31k€32k▲
Operating profit (loss)9901€17k€31k▲
Financial income75/76B€4k€6k▲
Recurring financial income75€4k€6k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€19k€35k▲
Income taxes67/77€6k€11k▲
Profit (loss) for the period9904€12k€24k▲
Profit (loss) for the period to be appropriated9905€12k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€24k▲
Transfer to equity691/2€12k€24k▲
To other reserves6921€12k€24k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €119k ▲24.7%
7 profitable years in a row build equity to €119k.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €26k ▲331%
Operating result €36k, net result €26k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 5.26
Current ratio from 2.58 to 5.26; short-term debt falls from €28k to €16k.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €6k ▼8.4%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Schoten · 1 establishment unit since 1979
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.
Ridder Walter Van Havrelaan 172900 SchotenGround area
4,265 m²
Building footprint
337 m²
Volume, LiDAR
2,907 m³
Parcel 11442C0231/00L000, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TVZC
since 19792.015.870.727
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11442C0231/00L000 | Flanders | 4,265 m² | 1 · 337 m² | 11.8 m · 3 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 · 1 entry · 30 EUR awarded · 30 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 30 EUR | 30 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
LAURENT VERVIER
BE 0502.426.841
Spa · Eq €118,773
Victualia
BE 0506.921.208
Eupen · Eq €119,270
Demasi
BE 0548.841.638
Ieper · Eq €118,406
Descamps Jorrit
BE 0803.183.556
Poperinge · Eq €119,718
VECEVE
BE 1006.572.760
Kortrijk · Eq €119,746
Of 5,699 companies in sector 70100 we hold annual accounts for 3,494. 2,308 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-02-1979
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
69203Activities of company auditors
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 46 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:+32496296305