TLO CONSULTING
TLO CONSULTING has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €175k and a net result of €52k. Equity is growing by ~25.9% per year across the filed fiscal years. Its solvency ranks better than 41% of 30893 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €175k |
| Net result | €52k |
| Better than sector | 41% |
| Active | 13 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 44.5% | 55.9% | |
| Net result | €52k | €27k | |
| Equity | €175k | €83k | |
| Gross operating margin | €73k | €54k | |
| Total assets | €394k | €186k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €72k | €103k | €56k | €156k | €89k |
| Net profit | €52k | €76k | €40k | €104k | €54k |
| Cash flow | €60k | €83k | €42k | €106k | €64k |
| Staff costs | - | - | - | - | - |
| Income taxes | €23k | €31k | €16k | €49k | €23k |
| Dividends | €162k | €2k | €0 | €12k | €65k |
| Total assets | €394k | €315k | €231k | €274k | €326k |
| Equity | €175k | €286k | €211k | €172k | €80k |
| Debt | €218k | €30k | €20k | €102k | €246k |
| of which ≤ 1y | €217k | €29k | €20k | €102k | €115k |
| of which > 1y | - | - | - | €0 | €131k |
| Working capital | €174k | €276k | €207k | €165k | €59k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.80 | 10.37 | 11.59 | 2.61 | 1.51 |
| Quick ratio | 1.80 | 10.37 | 11.59 | 2.61 | 1.51 |
| Working capital ratio | 44.3% | 87.5% | 89.6% | 60.3% | 18.0% |
| Solvency | 44.5% | 90.6% | 91.5% | 62.7% | 24.6% |
| Debt / equity | 1.25 | 0.10 | 0.09 | 0.60 | 3.06 |
| Long-term debt ratio | - | - | - | 0.00 | 1.63 |
| Interest coverage | 146.87 | 128.23 | 28.81 | 42.02 | 20.99 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 13.2% | 24.1% | 17.1% | 37.9% | 16.4% |
| ROE | 29.6% | 26.5% | 18.7% | 60.5% | 66.6% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €394k | €315k | €231k | €274k | €326k |
| Fixed assets | 21/28 | €3k | €10k | €5k | €7k | €153k |
| Tangible fixed assets | 22/27 | €3k | €10k | €5k | €7k | €153k |
| Current assets | 29/58 | €391k | €305k | €227k | €268k | €174k |
| Amounts receivable within one year | 40/41 | €145k | €126k | €102k | €139k | €160k |
| Cash & bank | 54/58 | €146k | €79k | €25k | €129k | €13k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €394k | €315k | €231k | €274k | €326k |
| Equity | 10/15 | €175k | €286k | €211k | €172k | €80k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | €6k | €6k |
| Reserves | 13 | €169k | €280k | €205k | €166k | €74k |
| Accumulated profits (losses) | 14 | €0 | €0 | €0 | €0 | €0 |
| Amounts payable | 17/49 | €218k | €30k | €20k | €102k | €246k |
| Amounts payable after one year | 17 | - | - | - | €0 | €131k |
| Amounts payable within one year | 42/48 | €217k | €29k | €20k | €102k | €115k |
| Trade debts payable within one year | 44 | €8k | €5k | €7k | €11k | €4k |
| Income statement | ||||||
| Gross operating margin | 9900 | €73k | €106k | €56k | €158k | €90k |
| Operating result | 9901 | €64k | €96k | €54k | €154k | €78k |
| Financial income | 75 | €12k | €12k | €4k | €3k | €2k |
| Financial charges | 65 | €492 | €805 | €2k | €4k | €4k |
| Result before taxes | 9903 | €75k | €107k | €56k | €153k | €76k |
| Income taxes | 67/77 | €23k | €31k | €16k | €49k | €23k |
| Net result for the period | 9904 | €52k | €76k | €40k | €104k | €54k |
| Result to be appropriated | 9905 | €52k | €63k | €40k | €104k | €54k |
-
LOWARD Thomas Pascal AlainDirectorState Gazette act 23311809 (07-02-2023)Current07-02-2023 → present
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 05-12-2012 |
| Status | Active |
| Postal code | 1330 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25006C0094/00C000 | Wallonia | 1,460 m² | 1 · 201 m² | 14.7 m · 2 fl. |
| 25091A0523/00D004 | Wallonia | 1,122 m² | 1 · 236 m² | 16.9 m · 2 fl. |
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
14-04-2025 Registered office moved from La Hulpe to Rixensart
- Avenue Aviateur de Caters 23, 1310 La Hulpe → 1330 Rixensart, Avenue de Winterberg 76
Technical details
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"country": "BE",
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"street_number": "76",
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"old_address": {
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"street": "Avenue Aviateur de Caters",
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"postcode": "1310",
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"effective_date": "2025-04-15",
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"act_meta": {
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"pub_date": "2025-04-14",
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"act_kind_objet": "Si\u00E8ge (transfert du si\u00E8ge)"
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"decision": {
"body": "organe d\u0027administration",
"date": "2025-03-28",
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"publication_proxy": {
"kind": "org",
"org_kbo": "0870.855.508",
"org_name": "SA PYXIS \u0026 CO",
"person_name": "C\u00E9line Van der Elst",
"org_rep_person_name": "C\u00E9line Van der Elst",
"person_role_at_subject": "mandataire"
},
"co_filed_documents": [
"le proc\u00E8s-verbal de la r\u00E9union de l\u0027organe d\u0027administration du 28/03/2025"
]
}07-02-2023 LOWARD Thomas Pascal Alain appointed as director
- LOWARD Thomas Pascal Alain, Bestuurder
Technical details
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],
"notary": {
"name": "Catherine GILLARDIN",
"firm_city": null,
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"office_city": "Bruxelles",
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},
"act_meta": {
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"body": "buitengewone_algemene_vergadering",
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"co_filed_documents": [
"1 exp\u00E9dition de l\u0027acte",
"1 coordination des statuts",
"1 procuration"
],
"corrected_publication_numac": null
}| Legal nameFR | TLO CONSULTING |