TILBO-CONSTRUCT
ActiveTILBO-CONSTRUCT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €226k and a net result of €8k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 77% of 2162 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▲+21
Solvency91▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 2.15 against 2.52 in 2024; short-term debt: 15.4% and cash: 11% of total assets), and 34.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
65.9%
Return on assets
2.5%
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 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
29 d late
2023
7 d early
2022
140 d early
2021
10 d late
2020
14 d late
2019
96 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€226k▲ 3.9%
2024 · €218k
2018: €167k
2019: €174k
2020: €168k
2021: €158k
2022: €226k
2023: €230k
2024: €218k
2018 → 2025
Total assets
€344k▼ 5.1%
2024 · €362k
2018: €448k
2019: €289k
2020: €401k
2021: €382k
2022: €434k
2023: €442k
2024: €362k
2018 → 2025
Net result
€8k
2024 · €-12k
2018: €20k
2019: €7k
2020: €-6k
2021: €9k
2022: €68k
2023: €24k
2024: €-12k
2018 → 2025
Working capital
€61k▼ 13.9%
2024 · €71k
2018: €197k
2019: €196k
2020: €182k
2021: €58k
2022: €94k
2023: €79k
2024: €71k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€158k-€226k▲ 43.3%€230k▲ 1.8%€218k▼ 5.4%€226k▲ 3.9%
Operating result€16k-€28k▲ 72.2%€30k▲ 6.8%€-8k€11k
Net result€9k-€68k▲ 630%€24k▼ 64.7%€-12k€8k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €11k after a loss of €8k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €344k
Fixed assets
€230k▼ 6.2%
Current assets
€114k▼ 2.9%
Equity and liabilities €344k
Equity
€226k▲ 3.9%
Debt
€117k▼ 18.8%
The debt ratio falls from 39.9% to 34.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€27k▲
2024 · €13k
Cash flow
€24k▲
2024 · €9k
Solvency
65.9%▲
2024 · 60.1%
Current ratio
2.15▼
2024 · 2.52
Quick ratio
2.15▼
2024 · 2.52
Debt / equity
0.52▼
2024 · 0.66
ROE
3.7%▲
2024 · -5.7%
ROA
2.5%▲
2024 · -3.4%
Interest coverage
4.60▲
2024 · 2.93
Debt
€117k▼
2024 · €144k
Debt ≤ 1 year
€53k▲
2024 · €47k
Debt > 1 year
€64k▼
2024 · €98k
Income taxes
€2k▲
2024 · €0
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€362k€344k▼
Fixed assets21/28€245k€230k▼
Tangible fixed assets22/27€214k€199k▼
Land and buildings22€196k€185k▼
Plant, machinery and equipment23€18k€13k▼
Furniture and vehicles24€1k€806▼
Financial fixed assets28€31k€31k=
Current assets29/58€117k€114k▼
Amounts receivable within one year40/41€50k€76k▲
Trade receivables40€4k€28k▲
Other amounts receivable41€46k€48k▲
Cash at bank and in hand54/58€67k€38k▼
Equity and liabilities
Total equity and liabilities10/49€362k€344k▼
Equity10/15€218k€226k▲
Contributions10/11€19k€19k=
Reserves13€65k€208k▲
Distributable reserves133€65k€208k▲
Profit (loss) carried forward14€135k€0▼
Amounts payable17/49€144k€117k▼
Amounts payable after more than one year17€98k€64k▼
Financial debts170/4€98k€64k▼
Amounts payable within one year42/48€47k€53k▲
Current portion of amounts payable after more than one year42€25k€28k▲
Financial debts43€3k€2k▼
Credit institutions430/8€3k€2k▼
Trade debts44€15k€15k▼
Suppliers440/4€15k€15k▼
Taxes, remuneration and social security45€4k€8k▲
Taxes450/3€2k€4k▲
Remuneration and social security454/9€2k€4k▲
Income statement
Code20242025
Non-recurring operating income76A€38k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€16k▼
Other operating charges640/8€3k€864▼
Non-recurring operating charges66A€18k€210▼
Gross operating margin9900€34k€28k▼
Operating profit (loss)9901€-8k€11k▲
Financial income75/76B€0€6k▲
Recurring financial income75€0€6k▲
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€-12k€11k▲
Income taxes67/77€0€2k▲
Profit (loss) for the period9904€-12k€8k▲
Profit (loss) for the period to be appropriated9905€-12k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€135k€143k▲
Profit (loss) brought forward from the previous period14P€147k€135k▼
Transfer to equity691/2€0€143k▲
To other reserves6921€0€143k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (17 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-12k ▼152%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €68k ▲630%
Net result €68k, the highest in the series.
31-12
Financial
Equity above €200kEq €226k ▲43.3%
2 profitable years in a row build equity to €226k.
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
2021
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
14-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 14 days late
2020
04-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 96 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 5.33
Current ratio from 2.08 to 5.33; short-term debt falls from €182k to €45k.
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Beringen · 1 establishment unit since 2001
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.
Visvangststraat 563582 BeringenGround area
678 m²
Building footprint
111 m²
Volume, LiDAR
822 m³
Parcel 71522C0003/00S054, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Visvangststraat 56, 3582 Beringen
since 20012.116.372.427
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71522C0003/00S054 | Flanders | 678 m² | 1 · 111 m² | 9.7 m · 2 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.
Recognitions · licences · registrations
Dual-learning approval
1 endedSimilar companies · same sector, comparable size
BOSCO
BE 0732.709.294
Couvin · Eq €226k
IMMO HUYS
BE 0438.693.980
Kruisem · Eq €226k
CASATECH
BE 0466.856.545
Charleroi · Eq €226k
PRO ATF CONSTRUCT
BE 0788.471.230
Asse · Eq €226k
Artis'An
BE 0770.448.432
Virton · Eq €226k
Of 29,810 companies in sector 41001 we hold annual accounts for 16,041. 11,779 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-03-2001
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
43120Site preparation
43990Other specialised construction activities
43999Specialised construction activities
45112
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 23 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.