TGL PEETERS
ActiveThe computed 12-month bankruptcy probability of TGL PEETERS is 4.4% (elevated). The 2025 annual accounts show equity of €23k and a net result of €-24k. Its solvency ranks better than 39% of 27407 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency64▼-33
Growth32
Stability94
Bankruptcy probability, 12 months
4.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.26 against 1.93 in 2024), and 62.3% 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.
+raises risk○neutral
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2025Solvency, return and age of the figures
Solvency
37.7%
Return on assets
-38.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
28 d late
2024
134 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€23k▼ 50.7%
2024 · €47k
2024: €47k
2024 → 2025
Total assets
€62k▼ 21.8%
2024 · €79k
2024: €79k
2024 → 2025
Net result
€-24k
2024 · €37k
2024: €37k
2024 → 2025
Working capital
€10k▼ 66.5%
2024 · €30k
2024: €30k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€47k-€23k▼ 50.7%
Operating result€48k-€-24k
Net result€37k-€-24k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €24k after €48k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €62k
Fixed assets
€13k▼ 24.4%
Current assets
€49k▼ 21.0%
Equity and liabilities €62k
Equity
€23k▼ 50.7%
Debt
€39k▲ 21.3%
The debt ratio rises from 40.2% to 62.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-19k▼
2024 · €50k
Cash flow
€-20k▼
2024 · €40k
Solvency
37.7%▼
2024 · 59.8%
Current ratio
1.26▼
2024 · 1.93
Quick ratio
1.26▼
2024 · 1.93
Debt / equity
1.65▲
2024 · 0.67
ROE
-102.7%▼
2024 · 78.9%
ROA
-38.7%▼
2024 · 47.2%
Interest coverage
-37.27▼
2024 · 201.64
Debt
€39k▲
2024 · €32k
Debt ≤ 1 year
€39k▲
2024 · €32k
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€79k€62k▼
Fixed assets21/28€18k€13k▼
Tangible fixed assets22/27€18k€13k▼
Plant, machinery and equipment23€822€629▼
Furniture and vehicles24€17k€13k▼
Current assets29/58€61k€49k▼
Amounts receivable within one year40/41€27k€23k▼
Trade receivables40€27k€4k▼
Other amounts receivable41-€19k
Cash at bank and in hand54/58€3k€2k▼
Deferred charges and accrued income490/1€31k€23k▼
Equity and liabilities
Total equity and liabilities10/49€79k€62k▼
Equity10/15€47k€23k▼
Contributions10/11€10k€10k=
Reserves13€37k€37k=
Distributable reserves133€37k€37k=
Profit (loss) carried forward14-€-24k
Amounts payable17/49€32k€39k▲
Amounts payable within one year42/48€32k€39k▲
Trade debts44-€1k
Suppliers440/4-€1k
Taxes, remuneration and social security45€15k€14k▼
Taxes450/3€14k€14k▲
Remuneration and social security454/9€1k-
Other amounts payable47/48€17k€23k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€3k€534▼
Gross operating margin9900€53k€-19k▼
Operating profit (loss)9901€48k€-24k▼
Financial charges65/66B€250€514▲
Recurring financial charges65€250€514▲
Profit (loss) for the period before taxes9903€47k€-24k▼
Income taxes67/77€10k-
Profit (loss) for the period9904€37k€-24k▼
Profit (loss) for the period to be appropriated9905€37k€-24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€37k€-24k▼
Transfer to equity691/2€37k-
To other reserves6921€37k-
The notes to these accounts (4 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
12-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 134 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Kampenhout · 2 establishment units since 2023
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.
Peperstraat 291910 KampenhoutGround area
5,671 m²
Building footprint
373 m²
Volume, LiDAR
1,969 m³
2 parcels, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
TGL PEETERS
since 20232.350.973.162
Geilroedeweg 55, 1910 Kampenhout
since 20232.353.064.602
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23038D0522/00G000 | Flanders | 4,930 m² | 1 · 223 m² | 7.8 m · 2 fl. |
| 23055C0427/00F000 | Flanders | 741 m² | 1 · 150 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BE 0798.413.829
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BE 0889.709.833
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ABM PROJECT
BE 0724.736.290
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OR Aannemingen
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MAG PAINTINGS
BE 0759.715.975
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Of 1,348 companies in sector 43110 we hold annual accounts for 621. 398 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-05-2023
Fiscal year end31-12
Activities, NACEBEL
43110Demolition
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.tglpeeters.be
E-mail:info@tglpeeters.be