TDS
ActiveSummary
TDS has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €449k and a net result of €61k. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 55% of 181 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-3
Solvency85=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 5.24 against 5.6 in 2024; short-term debt: 12.1% and cash: 2.3% of total assets), and 39.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 35
Relative position
BE, all sectors
reference
Sector 35
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
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
60.4%
Return on assets
8.2%
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
8 d early
2023
5 d early
2022
4 d early
2021
3 d early
2020
2 d early
2019
30 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€449k▼ 2.8%
2024 · €462k
2018: €279k
2019: €354k
2020: €368k
2021: €384k
2022: €363k
2023: €381k
2024: €462k
2018 → 2025
Total assets
€743k▼ 3.9%
2024 · €773k
2018: €552k
2019: €581k
2020: €592k
2021: €757k
2022: €713k
2023: €720k
2024: €773k
2018 → 2025
Net result
€61k▼ 25.1%
2024 · €81k
2018: €-23k
2019: €74k
2020: €14k
2021: €17k
2022: €46k
2023: €18k
2024: €81k
2018 → 2025
Working capital
€382k▼ 6.1%
2024 · €407k
2018: €283k
2019: €335k
2020: €207k
2021: €362k
2022: €349k
2023: €341k
2024: €407k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€384k-€363k▼ 5.6%€381k▲ 5.0%€462k▲ 21.3%€449k▼ 2.8%
Operating result€50k-€23k▼ 53.8%€16k▼ 31.5%€105k▲ 561%€76k▼ 27.7%
Net result€17k-€46k▲ 175%€18k▼ 60.2%€81k▲ 348%€61k▼ 25.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 28% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €743k
Fixed assets
€271k ▼ 2.5%
Current assets
€473k ▼ 4.6%
Equity and liabilities €743k
Equity
€449k ▼ 2.8%
Provisions
€14k ▼ 3.4%
Debt
€281k ▼ 5.5%
Debt's share of the balance-sheet total falls from 38.4% to 37.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€86k▼
2024 · €114k
Cash flow
€71k▼
2024 · €90k
Current ratio
5.24▼
2024 · 5.60
Debt to equity
0.63▼
2024 · 0.64
ROE
13.6%▼
2024 · 17.6%
ROA
8.2%▼
2024 · 10.5%
Interest coverage
11.52▼
2024 · 22.01
Debt ≤ 1 year
€90k▲
2024 · €89k
Debt > 1 year
€191k▼
2024 · €208k
Income taxes
€25k▼
2024 · €36k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€773k€743k▼
Fixed assets21/28€278k€271k▼
Tangible fixed assets22/27€277k€270k▼
Land and buildings22€274k€268k▼
Plant, machinery and equipment23€4k€2k▼
Financial fixed assets28€100€100=
Current assets29/58€496k€473k▼
Amounts receivable after more than one year29€316k€316k=
Other amounts receivable291€316k€316k=
Amounts receivable within one year40/41€169k€140k▼
Trade receivables40€5k€461▼
Other amounts receivable41€164k€139k▼
Cash at bank and in hand54/58€11k€17k▲
Equity and liabilities
Total equity and liabilities10/49€773k€743k▼
Equity10/15€462k€449k▼
Contributions10/11€19k€19k=
Reserves13€443k€430k▼
Tax-exempt reserves132€57k€55k▼
Distributable reserves133€387k€376k▼
Provisions and deferred taxes16€14k€14k▼
Deferred taxes168€14k€14k▼
Amounts payable17/49€297k€281k▼
Amounts payable after more than one year17€208k€191k▼
Financial debts170/4€208k€191k▼
Amounts payable within one year42/48€89k€90k▲
Current portion of amounts payable after more than one year42€34k€18k▼
Financial debts43-€29k
Credit institutions430/8-€29k
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€52k€39k▼
Taxes450/3€50k€37k▼
Remuneration and social security454/9€3k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€116k€88k▼
Operating profit (loss)9901€105k€76k▼
Financial income75/76B€17k€17k▼
Recurring financial income75€17k€17k▼
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€117k€85k▼
Transfer from deferred taxes780€484€484=
Income taxes67/77€36k€25k▼
Profit (loss) for the period9904€81k€61k▼
Transfer from tax-exempt reserves789€2k€2k=
Profit (loss) for the period to be appropriated9905€83k€63k▼
Appropriation of the result
Profit (loss) to be appropriated9906€83k€63k▼
Transfer from equity791/2-€74k
Transfer to equity691/2€83k€63k▼
To other reserves6921€83k€63k▼
Profit to be distributed694/7-€74k
Return on contributions (dividend)694-€74k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €81k ▲348%
Operating result €105k, net result €81k, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 4.76
Current ratio from 1.92 to 4.76; short-term debt falls from €225k to €96k.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €74k
Net result €74k after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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, Antwerpen · 1 establishment unit since 1989
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.
Lange Slachterijstraat 322060 AntwerpenGround area
250 m²
Building footprint
231 m²
Volume, LiDAR
2,754 m³
Parcel 11807G0422/00N018, Flanders · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
TDS
since 19892.042.270.662
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0422/00N018 | Flanders | 250 m² | 1 · 231 m² | 14.2 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.
Similar companies · same sector, comparable size
VERZEKERINGSKANTOOR FRANS MAES
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PAST
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NEXT KRAFTWERKE BELGIUM
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RS ENERGY GROUP
BE 0733.891.409
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Of 563 companies in sector 35150 we hold annual accounts for 230. 136 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
Founded12-01-1989
Fiscal year end31-12
Abbreviation NL
T.D.S.
Activities, NACEBEL 2025
35150Electricity, gas, steam and air conditioning supply
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.