TYD
ActiveSummary
The annual accounts of TYD for fiscal year 2024 show a net loss of 58% of total assets and of 90% of the equity at the start of that year. The 2024 annual accounts show equity of €21,712 and a net result of -€202,926. Equity is growing by ~25.7% per year across the filed fiscal years. Its solvency ranks better than 10% of 8101 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-10
Solvency31▼-35
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.34 against 0.73 in 2023; short-term debt: 69.2% and cash: 0% of total assets), and 93.8% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
6.2%
Return on assets
-58.3%
Age of the figures
21 mo
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
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€202,926
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 8101 sector peers (2024).
NBB · sector comparisonPosition among 8101 sector peers
Solvency
better than 10%
← weakest
strongest →
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 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
45 d early
2022
39 d early
2021
44 d early
2020
37 d early
2019
16 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 30 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€21,712▼ 90.3%
2023 · €224,639
Total assets
€347,907▼ 35.8%
2023 · €542,317
Net result
-€202,926▼ 421%
2023 · -€38,959
Working capital
€80,854
2023 · -€53,724
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€54,725€117,594▲ 115%€4,030▼ 96.6%-€24,225-€198,039▼ 717%
Net result€48,560€82,513▲ 69.9%€68,019▼ 17.6%-€38,959-€202,926▼ 421%
Equity€113,066▲ 75.3%€195,579▲ 73.0%€263,598▲ 34.8%€224,639▼ 14.8%€21,712▼ 90.3%
Total assets€147,436▼ 34.8%€471,670▲ 220%€507,637▲ 7.6%€542,317▲ 6.8%€347,907▼ 35.8%
Debt€34,370▼ 78.7%€276,091▲ 703%€244,039▼ 11.6%€317,678▲ 30.2%€326,195▲ 2.7%
Working capital€74,183▲ 86.0%€161,498▲ 118%€165,795▲ 2.7%-€53,724€80,854
Staff (FTE)1=1=1=1=1=
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2024 Net result -421%, Equity -90% on 2023. Cause not known from the registers.
- 2021 Total assets +220% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €198,039 in 2024 against €24,225 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €347,907
Fixed assets
€26,220 ▼ 93.4%
Current assets
€321,687 ▲ 121%
Equity and liabilities €347,907
Equity
€21,712 ▼ 90.3%
Debt
€326,195 ▲ 2.7%
Debt's share of the balance-sheet total rises from 58.6% to 93.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€195,474▼
2023 · -€4,215
Cash flow
-€200,361▼
2023 · -€18,949
Current ratio
1.34▲
2023 · 0.73
Debt to equity
15.02▲
2023 · 1.41
ROE
-934.6%▼
2023 · -17.3%
ROA
-58.3%▼
2023 · -7.2%
Interest coverage
-37.32▼
2023 · -0.37
Debt ≤ 1 year
€240,833▲
2023 · €198,992
Debt > 1 year
€85,362▼
2023 · €118,686
Income taxes
€836▼
2023 · €4,446
Staff costs
€64,829▲
2023 · €63,513
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 644 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 90% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
3.0%
went bankrupt
5.4%
stopped otherwise
90%
still going
A further 1.9% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 644 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €6,038 | - | €54,669 | - |
| Remuneration, social security and pensions62 | - | €52,344 | €55,428 | €63,513 | €64,829 | ▲ 2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,300 | €10,671 | €15,691 | €20,010 | €2,565 | ▼ 87.2% |
| Other operating charges640/8 | - | €5,017 | €1,279 | €661 | €43,991 | ▲ 6,557% |
| Non-recurring operating charges66A | - | €1,043 | €1,288 | €416 | €224,067 | ▲ 53,780% |
| Gross operating margin9900 | €104,307 | €186,669 | €77,716 | €60,375 | €137,413 | ▲ 128% |
| Operating profit (loss)9901 | €54,725 | €117,594 | €4,030 | -€24,225 | -€198,039 | ▼ 717% |
| Financial income75/76B | - | €250 | €71,761 | €953 | €1,186 | ▲ 24.5% |
| Recurring financial income75 | €1,082 | €250 | €71,761 | €953 | €1,186 | ▲ 24.5% |
| Financial charges65/66B | - | €1,165 | €5,717 | €11,241 | €5,238 | ▼ 53.4% |
| Recurring financial charges65 | €306 | €1,165 | €5,717 | €11,241 | €5,238 | ▼ 53.4% |
| Profit (loss) for the period before taxes9903 | €55,501 | €116,678 | €70,074 | -€34,514 | -€202,091 | ▼ 486% |
| Income taxes67/77 | €6,941 | €34,165 | €2,055 | €4,446 | €836 | ▼ 81.2% |
| Profit (loss) for the period9904 | €48,560 | €82,513 | €68,019 | -€38,959 | -€202,926 | ▼ 421% |
| Profit (loss) for the period to be appropriated9905 | €48,560 | €82,513 | €68,019 | -€38,959 | -€202,926 | ▼ 421% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €147,436 | €471,670 | €507,637 | €542,317 | €347,907 | ▼ 35.8% |
| Fixed assets21/28 | €38,883 | €34,082 | €276,534 | €397,049 | €26,220 | ▼ 93.4% |
| Tangible fixed assets22/27 | €17,983 | €13,182 | €255,634 | €376,149 | €5,320 | ▼ 98.6% |
| Land and buildings22 | - | - | €240,856 | €360,636 | - | - |
| Plant, machinery and equipment23 | - | €1,523 | €1,671 | €2,096 | €4,010 | ▲ 91.3% |
| Furniture and vehicles24 | - | €11,658 | €13,107 | €13,417 | €1,310 | ▼ 90.2% |
| Financial fixed assets28 | €20,900 | €20,900 | €20,900 | €20,900 | €20,900 | = |
| Current assets29/58 | €108,553 | €437,589 | €231,103 | €145,268 | €321,687 | ▲ 121% |
| Amounts receivable within one year40/41 | €90,667 | €277,849 | €174,836 | €132,503 | €318,760 | ▲ 141% |
| Trade receivables40 | - | €252,855 | €66,310 | €30,742 | €89,031 | ▲ 190% |
| Other amounts receivable41 | - | €24,995 | €108,526 | €101,761 | €229,729 | ▲ 126% |
| Cash at bank and in hand54/58 | €16,485 | €158,088 | €52,411 | €10,011 | €108 | ▼ 98.9% |
| Deferred charges and accrued income490/1 | - | €1,652 | €3,856 | €2,754 | €2,819 | ▲ 2.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €147,436 | €471,670 | €507,637 | €542,317 | €347,907 | ▼ 35.8% |
| Equity10/15 | €113,066 | €195,579 | €263,598 | €224,639 | €21,712 | ▼ 90.3% |
| Contributions10/11 | - | €165,000 | €165,000 | €165,000 | €165,000 | = |
| Reserves13 | €2,700 | €2,700 | €2,700 | €2,700 | €2,700 | = |
| Non-distributable reserves130/1 | - | €2,700 | €2,700 | €2,700 | €2,700 | = |
| Reserves not available under the articles1311 | - | €2,700 | €2,700 | €2,700 | €2,700 | = |
| Profit (loss) carried forward14 | -€54,633 | €27,879 | €95,898 | €56,939 | -€145,988 | ▼ 356% |
| Amounts payable17/49 | €34,370 | €276,091 | €244,039 | €317,678 | €326,195 | ▲ 2.7% |
| Amounts payable after more than one year17 | - | - | €151,551 | €118,686 | €85,362 | ▼ 28.1% |
| Financial debts170/4 | - | - | €151,551 | €118,686 | €85,362 | ▼ 28.1% |
| Amounts payable within one year42/48 | €34,370 | €276,091 | €65,308 | €198,992 | €240,833 | ▲ 21.0% |
| Current portion of amounts payable after more than one year42 | - | - | €32,411 | €32,865 | €33,324 | ▲ 1.4% |
| Financial debts43 | - | - | - | - | €198 | - |
| Credit institutions430/8 | - | - | - | - | €198 | - |
| Trade debts44 | €15,822 | €254,463 | €10,274 | €34,821 | €34,225 | ▼ 1.7% |
| Suppliers440/4 | - | €254,463 | €10,274 | €34,821 | €34,225 | ▼ 1.7% |
| Taxes, remuneration and social security45 | - | €18,399 | €14,113 | €8,505 | €10,096 | ▲ 18.7% |
| Taxes450/3 | - | €9,049 | €4,326 | €860 | €2,339 | ▲ 172% |
| Remuneration and social security454/9 | - | €9,350 | €9,786 | €7,645 | €7,757 | ▲ 1.5% |
| Other amounts payable47/48 | - | €3,229 | €8,510 | €122,802 | €162,989 | ▲ 32.7% |
| Accrued charges and deferred income492/3 | - | - | €27,180 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €48,560 | €82,513 | €68,019 | -€38,959 | -€202,926 | ▼ 421% |
| + Depreciation and write-downs630 | €9,300 | €10,671 | €15,691 | €20,010 | €2,565 | ▼ 87.2% |
| Operating cash flow (approximation) | €57,861 | €93,184 | €83,709 | -€18,949 | -€200,361 | ▼ 957% |
| Investment in fixed assets (approximation) | - | -€5,870 | -€258,143 | -€140,525 | €368,263 | ▲ 362% |
| Change in cash | - | €141,603 | -€105,676 | -€42,400 | -€9,903 | ▲ 76.6% |
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
2026
23-09
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- General meeting, 09-09-2026
- Registered-office move, Steenweg Deinze 154, 9810 Nazareth - De Pinte
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet -€202,926
Net result drops to -€202,926, the lowest in the series.
16-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity doublescurrent ratio 3.54
Current ratio from 1.58 to 3.54; short-term debt falls from €276,091 to €65,308.
31-12
Financial
Equity above €200,000Eq €263,598 ▲34.8%
3 profitable years in a row build equity to €263,598.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €82,513 ▲69.9%
Operating result €117,594, net result €82,513, both a record.
31-12
Financial
Equity above €150,000Eq €195,579 ▲73%
2 profitable years in a row build equity to €195,579.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €48,560
Net result €48,560 after one loss-making year.
Show earlier events
31-12
Financial
Liquidity triplescurrent ratio 3.16
Current ratio from 1.25 to 3.16; short-term debt falls from €161,734 to €34,370.
31-12
Financial
Equity above €100,000Eq €113,066 ▲75.3%
Equity rises from €64,506 to €113,066.
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Nazareth-De Pinte · 1 establishment unit since 2019
Ground area
1.3 ha
Building footprint
5,504 m²
Volume, LiDAR
38,368 m³
Parcel 44048G0467/00H000, Flanders · tallest building 13.6 m, ±2 floors. Linked by address, not a title deed.
14
companies at this address
See who is registered here
1 establishment unit
TYD
since 20192.288.088.161
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44048G0467/00H000 | Flanders | 1.3 ha | 1 · 5,504 m² | 13.6 m · 2 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
50%
According to the 2024 annual accounts of TYD and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 11,363 EUR awarded · 12,242 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,608 EUR | 1,608 EUR |
| 2024 | 1 | 4,020 EUR | 4,020 EUR |
| 2023 | 1 | 5,735 EUR | 6,614 EUR |
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 31,464 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 (pre-2019)
Founded26-02-2007
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
77399Renting and leasing of other machinery, equipment and tangible goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0887498035
Also
9925:BE0887498035
Registered
17-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.