TEFCOLD BE
ActiveTEFCOLD BE has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.63M and a net result of €742k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 82% of 4844 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (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
Profitability56▼-5
Solvency100=
Growth54▲+4
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €440k at 30 days acceptable
Liquidity ample (current ratio 4.63 against 4.96 in 2024; short-term debt: 21.2% and cash: 16.7% of total assets), and 24% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
76%
Return on assets
10%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-01-2026, 26 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
26 d early
2024
150 d late
2023
70 d early
2022
48 d early
2021
25 d late
2020
29 d late
2019
91 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€14.67M▲ 20.9%
2024 · €12.13M
2020: €10.64M
2021: €13.68M
2022: €12.09M
2023: €5.22M
2024: €12.13M
2020 → 2025
EBIT margin
7.1%▲ 4.3pp
2024 · 2.9%
2020: 15.2%
2021: 12.5%
2022: 21.0%
2023: 1.3%
2024: 2.9%
2020 → 2025
Net result
€742k▲ 171%
2024 · €274k
2018: €971k
2019: €953k
2020: €1.53M
2021: €1.76M
2022: €1.88M
2023: €164k
2024: €274k
2018 → 2025
Working capital
€5.71M▲ 19.5%
2024 · €4.77M
2018: €3.47M
2019: €3.31M
2020: €3.54M
2021: €3.45M
2022: €4.48M
2023: €4.55M
2024: €4.77M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€13.68M-€12.09M▼ 11.6%€5.22M▼ 56.9%€12.13M▲ 133%€14.67M▲ 20.9%
Equity€2.58M-€4.45M▲ 72.7%€4.62M▲ 3.7%€4.89M▲ 5.9%€5.63M▲ 15.2%
Operating result€1.71M-€2.54M▲ 48.7%€67k▼ 97.4%€350k▲ 423%€1.05M▲ 199%
Net result€1.76M-€1.88M▲ 6.5%€164k▼ 91.2%€274k▲ 66.8%€742k▲ 171%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 199% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.42M
Fixed assets
€140k▼ 38.2%
Current assets
€7.28M▲ 21.7%
Equity and liabilities €7.42M
Equity
€5.63M▲ 15.2%
Provisions
€86k▼ 18.7%
Debt
€1.70M▲ 40.5%
The debt ratio rises from 19.5% to 22.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.11M▲
2024 · €425k
Cash flow
€808k▲
2024 · €349k
Solvency
76.0%▼
2024 · 78.8%
Current ratio
4.63▼
2024 · 4.96
Quick ratio
2.77▲
2024 · 2.59
Debt / equity
0.30▲
2024 · 0.25
ROE
13.2%▲
2024 · 5.6%
ROA
10.0%▲
2024 · 4.4%
Debt
€1.70M▲
2024 · €1.21M
Debt ≤ 1 year
€1.57M▲
2024 · €1.21M
Income taxes
€297k▲
2024 · €141k
Staff costs
€1.31M▲
2024 · €1.27M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€6.21M€7.42M▲
Fixed assets21/28€227k€140k▼
Tangible fixed assets22/27€224k€137k▼
Plant, machinery and equipment23€91k€82k▼
Furniture and vehicles24€133k€55k▼
Financial fixed assets28€3k€3k=
Affiliated companies280/1€3k€3k=
Participating interests280€3k€3k=
Current assets29/58€5.98M€7.28M▲
Stocks and contracts in progress3€2.85M€2.93M▲
Stocks30/36€2.85M€2.93M▲
Goods purchased for resale34€2.85M€2.93M▲
Amounts receivable within one year40/41€1.73M€3.08M▲
Trade receivables40€1.60M€2.70M▲
Other amounts receivable41€130k€372k▲
Cash at bank and in hand54/58€1.40M€1.24M▼
Deferred charges and accrued income490/1€0€33k▲
Equity and liabilities
Total equity and liabilities10/49€6.21M€7.42M▲
Equity10/15€4.89M€5.63M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€4.83M€5.57M▲
Non-distributable reserves130/1€52k€52k=
Legal reserve130€52k€52k=
Distributable reserves133€4.78M€5.52M▲
Provisions and deferred taxes16€106k€86k▼
Provisions for liabilities and charges160/5€106k€86k▼
Other liabilities and charges164/5€106k€86k▼
Amounts payable17/49€1.21M€1.70M▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Credit institutions173€0-
Amounts payable within one year42/48€1.21M€1.57M▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€1.02M€986k▼
Suppliers440/4€1.02M€986k▼
Taxes, remuneration and social security45€186k€585k▲
Taxes450/3€31k€484k▲
Remuneration and social security454/9€155k€101k▼
Accrued charges and deferred income492/3€3k€126k▲
Income statement
Code20242025
Operating income70/76A€12.14M€14.67M▲
Turnover70€12.13M€14.67M▲
Other operating income74€3k€0▼
Non-recurring operating income76A€768€0▼
Operating charges60/66A€11.78M€13.62M▲
Goods for resale, raw materials and consumables60€8.45M€10.07M▲
Purchases600/8€8.19M€9.97M▲
Change in stocks: decrease (increase)609€258k€100k▼
Services and other goods61€2.00M€2.14M▲
Remuneration, social security and pensions62€1.27M€1.31M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74k€66k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-17k€12k▲
Other operating charges640/8€7k€17k▲
Non-recurring operating charges66A-€5k
Operating profit (loss)9901€350k€1.05M▲
Financial income75/76B€104k€22k▼
Recurring financial income75€104k€22k▼
Income from financial fixed assets750€31k€9k▼
Other financial income752/9€73k€13k▼
Financial charges65/66B€39k€30k▼
Recurring financial charges65€39k€30k▼
Debt charges650€2k€0▼
Other financial charges652/9€38k€30k▼
Profit (loss) for the period before taxes9903€415k€1.04M▲
Income taxes67/77€141k€297k▲
Taxes670/3€151k€297k▲
Tax adjustments and reversals of tax provisions77€10k€0▼
Profit (loss) for the period9904€274k€742k▲
Profit (loss) for the period to be appropriated9905€274k€742k▲
Appropriation of the result
Profit (loss) to be appropriated9906€274k€742k▲
Transfer to equity691/2€274k€742k▲
To other reserves6921€274k€742k▲
Social balance
Average headcount (FTE)908718.917.9▼
The notes to these accounts (47 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
05-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
Financial
Equity above €5MEq €5.63M ▲15.2%
8 profitable years in a row build equity to €5.63M.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 150 days late
2023
22-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
30-06
Financial
Weakest financial yearnet €164k ▼91.2%
Net result drops to €164k, the lowest in the series; recovery starts the following year.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €1.88M ▲6.5%
Operating result €2.54M, net result €1.88M, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 25 days late
2021
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 29 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
16 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, Sint-Truiden · 1 establishment unit since 1993
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.
Lichtenberglaan 10233800 Sint-TruidenGround area
1.7 ha
Building footprint
6,405 m²
Volume, LiDAR
53,897 m³
Parcel 71353I0052/00R000, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TOPCOLD
since 19932.062.927.605
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71353I0052/00R000 | Flanders | 1.7 ha | 1 · 6,405 m² | 10.0 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.
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Of 977 companies in sector 46431 we hold annual accounts for 705. 258 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-05-1993
Fiscal year end30-06
Activities, NACEBEL
46431Wholesale of electrical household appliances and audio-video equipment
46649Wholesale of other machinery and equipment
51873
47540Retail sale of electrical household appliances
52450
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:011/782698