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TDEVELOPMENT

Active
Private limited companyfounded 20214 yrs activeBurgemeester Bollenstraat 62, 3500 Hasselt, BelgiumKBO/BCE: BE 0774.835.802
Summary

TDEVELOPMENT has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5k and a net result of €184k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
68 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency26▼-71
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 →
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
highest failure risk from 2 to 8 years 4 years 0 10 y
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
1.1%
Return on assets
41.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 31694 sector peers (2025).
NBB · sector comparison
Position among 31694 sector peers
Solvency
better than 10%
← weakest strongest →
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 26-05-2026, 66 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
66 d early
2024
2 d early
2023
6 d early
2022
14 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
24-09-2026 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
€5k▼ 97.4%
2024 · €190k
2022: €27k 2023: €49k 2024: €190k
2022 → 2025
Total assets
€444k▲ 68.9%
2024 · €263k
2022: €52k 2023: €72k 2024: €263k
2022 → 2025
Net result
€184k▲ 30.6%
2024 · €141k
2022: €22k 2023: €22k 2024: €141k
2022 → 2025
Working capital
€-16k
2024 · €163k
2022: €16k 2023: €16k 2024: €163k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€27k-€49k▲ 79.4%€190k▲ 290%€5k▼ 97.4%
Operating result€30k-€32k▲ 7.6%€187k▲ 488%€244k▲ 30.1%
Net result€22k-€22k▼ 2.6%€141k▲ 555%€184k▲ 30.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200kOperating result 2022: €30k€30kNet result 2022: €22k€22kOperating result 2023: €32k€32kNet result 2023: €22k€22kOperating result 2024: €187k€187kNet result 2024: €141k€141kOperating result 2025: €244k€244kNet result 2025: €184k€184k2022202320242025€0€100k€200kOperating result 2023: €32k€32kNet result 2023: €22k€22kOperating result 2024: €187k€187kNet result 2024: €141k€141kOperating result 2025: €244k€244kNet result 2025: €184k€184k202320242025
The operating result has risen three years in a row; 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 €444k
Fixed assets €21k ▼ 21.3%
Current assets €423k ▲ 79.3%
Equity and liabilities €444k
Equity €5k ▼ 97.4%
Debt €439k ▲ 498%
Debt's share of the balance-sheet total rises from 27.9% to 98.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€250k
2024 · €193k
Cash flow
€190k
2024 · €147k
Current ratio
0.96
2024 · 3.22
Debt to equity
87.85
2024 · 0.39
ROA
41.4%
2024 · 53.6%
Interest coverage
129.58
2024 · 90.65
Debt ≤ 1 year
€439k
2024 · €73k
Income taxes
€58k
2024 · €44k
A ratio outside any meaningful range has been withheld (balance sheet total €444k, equity €5k).
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 · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€263k€444k
Fixed assets21/28€27k€21k
Tangible fixed assets22/27€27k€21k
Furniture and vehicles24€6k€4k
Other tangible fixed assets26€21k€17k
Current assets29/58€236k€423k
Amounts receivable within one year40/41€37k€0
Trade receivables40€37k€0
Cash at bank and in hand54/58€199k€422k
Deferred charges and accrued income490/1€360€825
Equity and liabilities
Total equity and liabilities10/49€263k€444k
Equity10/15€190k€5k
Contributions10/11€5k€5k=
Reserves13€185k€0
Distributable reserves133€185k€0
Profit (loss) carried forward14-€0
Amounts payable17/49€73k€439k
Amounts payable within one year42/48€73k€439k
Trade debts44€243€764
Suppliers440/4€243€764
Taxes, remuneration and social security45€69k€64k
Taxes450/3€66k€61k
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€4k€375k
Accrued charges and deferred income492/3€267€352
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€632€677
Gross operating margin9900€194k€250k
Operating profit (loss)9901€187k€244k
Financial income75/76B€0€0
Recurring financial income75€0€0
Financial charges65/66B€2k€2k
Recurring financial charges65€2k€2k
Profit (loss) for the period before taxes9903€185k€242k
Income taxes67/77€44k€58k
Profit (loss) for the period9904€141k€184k
Profit (loss) for the period to be appropriated9905€141k€184k
Appropriation of the result
Profit (loss) to be appropriated9906€141k€184k
Transfer from equity791/2-€185k
Transfer to equity691/2€141k€0
To other reserves6921€141k€0
Profit to be distributed694/7-€369k
Return on contributions (dividend)694-€369k

The notes to these accounts (4 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
23-09
State Gazette act Demerger · Legal form clause
Registered office clause · Corporate purpose
26-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2022net €184k ▲30.6%
Operating result €244k, net result €184k, both a record.
29-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €150kEq €190k ▲290%
3 profitable years in a row build equity to €190k.
03-09
State Gazette act General meeting · Merger
Accounting effect · Capital increase
25-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
26-06
State Gazette act General meeting · Director resignation
Permanent representative · Director appointment
19-06
State Gazette act General meeting · Director resignation
Permanent representative · Director appointment
19-06
State Gazette act General meeting · Director resignation
Permanent representative · Director appointment
2023
31-12
Financial Weakest financial yearnet €22k ▼2.6%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
17-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Show earlier events
05-01
State Gazette act General meeting · Auditor reappointment
Director resignation · Director appointment
2022
12-04
State Gazette act General meeting · Director resignation
Director appointment · Permanent representative
04-03
State Gazette act General meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB 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, Hasselt · 1 establishment unit since 2021
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.

Burgemeester Bollenstraat 623500 Hasselt
Ground area
163 m²
Building footprint
84 m²
Volume, LiDAR
836 m³
Parcel 71327G0495/00Y000, Flanders · tallest building 14.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
TDEVELOPMENT
Burgemeester Bollenstraat 62, 3500 HasseltHoldings
since 20212.322.396.566
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71327G0495/00Y000 Flanders 163 m² 1 · 84 m² 14.5 m · 4 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.

Structure & network

Ownership & control

5 board mandates
Board mandates of this companythis company sits on their board5
1 location
1 location
1 location
1 location

Public money · subsidies and aid

Flemish government

2023 to 2024 · 2 entries · 1,379 EUR awarded · 1,379 EUR paid
Year Entries awardedpaid
2024 1 0 EUR1,379 EUR
2023 1 1,379 EUR0 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 1,379 EUR · 1,379 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 15,595 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
Founded30-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.