T. H. CONSTRUCTION
ActiveSummary
The computed 12-month bankruptcy probability of T. H. CONSTRUCTION is 3.0% (moderate). The 2025 annual accounts show equity of €96,348 and a net result of €15,771. Equity has been growing by about 27% per year since 2020. Its solvency ranks better than 66% of 9,380 sector peers (NACE 41, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 10-02-2020 Normal situation
- Activity
- General construction of residential buildings NACE 41001
- Establishment unit
- 2.299.372.726 1950 Kraainem, since 10-02-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 15-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.0%
- Gross margin
- €34,529
- ▲ 51.0%
- Turnover
- ≈ €240,000
- estimated
- Profit
- €15,771
- ▲ 23.8%
- Equity
- €96,348
- ▲ 19.6%
- Total assets
- €166,702
- ▲ 46.3%
- 2025 accounts filed 52 days after the deadline
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Last filed accounts filed 52 days late; 1 of the last 3 accounts lateSize: total assets €166,702Founded in 2020Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 67% of them on solvency, 48% on liquidity, 62% on profitability and 64% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 6 accounts on average 24 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: 6 profitable years in a rowprofit 2025: €15,771 6 years View
Recent changes
- · Gazette deed Transfer of 40 shares
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as T. H. CONSTRUCTION: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €140,000 and €193,000, founded between 2019 and 2020.
| Company | Total assets | Gross margin |
|---|---|---|
| T. H. CONSTRUCTION Kraainem | €166,702 | €34,529 |
| DAR RENOV Asse | €193,177 | €33,394 |
| GL INTERIEUR Affligem | €156,020 | €29,537 |
| MRM Ascenseurs Zaventem | €191,369 | €32,980 |
| RSRF Grimbergen | €144,735 | €39,167 |
| TEAM DYNAMIC Grimbergen | €143,156 | €30,581 |
| EURO PROJETAR Opwijk | €140,333 | €37,399 |
Key facts about T. H. CONSTRUCTION
- What is the company number of T. H. CONSTRUCTION?
- The company number of T. H. CONSTRUCTION is 0743.497.476. The VAT number is the same number with BE in front: BE 0743.497.476.
- Where is T. H. CONSTRUCTION based?
- The registered office is at Boomgaardoord 12, 1950 Kraainem.Company details
- What does T. H. CONSTRUCTION do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of T. H. CONSTRUCTION?
- The legal form of T. H. CONSTRUCTION is Private limited company (BV).
- When was T. H. CONSTRUCTION founded?
- T. H. CONSTRUCTION was founded on 10-02-2020.
- Is T. H. CONSTRUCTION still active?
- Yes, T. H. CONSTRUCTION is an active enterprise in the KBO register.
- What is the turnover of T. H. CONSTRUCTION?
- The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €34,529 and 163 comparable companies (NACE 41001). It probably lies between €140,000 and €430,000.Financials
- Is T. H. CONSTRUCTION profitable?
- In financial year 2025, T. H. CONSTRUCTION made a profit of €15,771.
- Where can I find the annual accounts of T. H. CONSTRUCTION?
- T. H. CONSTRUCTION filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of T. H. CONSTRUCTION due?
- T. H. CONSTRUCTION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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