T.J.D. CONSTRUCT
Dissolved and wound upFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 26-03-2026 at the NBB all 3 filings
Equity
€228,322▲ 69.8%
2024 · €134,504
Total assets
€233,882▲ 59.6%
2024 · €146,536
Net result
€93,818
2024 · -€44,142
Working capital
€232,227▲ 293%
2024 · €59,109
Multi-year overview
2023 to 2025, 3 financial yearsOperating result
-€31,143
▲ 20.1%
2025
20232025
Net result
€93,818
2025
20232025
Equity
€228,322
▲ 69.8%
2025
20232025
Total assets
€233,882
▲ 59.6%
2025
20232025
Debt
€611
▼ 94.9%
2025
20232025
Working capital
€232,227
▲ 293%
2025
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Operating result-€16,168--€38,955▼ 141%-€31,143▲ 20.1%
Net result€29,347--€44,142€93,818
Equity€178,645-€134,504▼ 24.7%€228,322▲ 69.8%
Total assets€207,576-€146,536▼ 29.4%€233,882▲ 59.6%
Debt€28,930-€12,032▼ 58.4%€611▼ 94.9%
Working capital€38,317-€59,109▲ 54.3%€232,227▲ 293%
The operating result for 2025 is a loss of €31,143, smaller than the loss of €38,955 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €233,882
Fixed assets
€1,045 ▼ 98.6%
Current assets
€232,837 ▲ 227%
Equity and liabilities €233,882
Equity
€228,322 ▲ 69.8%
Provisions
€4,950
Debt
€611 ▼ 94.9%
Debt's share of the balance-sheet total falls from 8.2% to 0.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
-€29,552▼
2024 · -€15,803
Cash flow
€95,409▲
2024 · -€20,990
Debt to equity
0.00▼
2024 · 0.09
ROE
41.1%▲
2024 · -32.8%
ROA
40.1%▲
2024 · -30.1%
Interest coverage
-59.76▼
2024 · -20.58
Debt ≤ 1 year
€611▼
2024 · €12,032
Income taxes
€30,966▲
2024 · €604
A ratio outside any meaningful range has been withheld (balance sheet total €233,882, equity €228,322).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €72,835 | - | - |
| Depreciation and write-downs of the year | €23,935 | €23,152 | €1,591 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €112 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,935 | €23,152 | €1,591 | ▼ 93.1% |
| Other operating charges640/8 | €5,151 | €2,516 | €2,805 | ▲ 11.5% |
| Non-recurring operating charges66A | - | - | €31 | - |
| Gross operating margin9900 | €12,919 | -€13,287 | -€26,717 | ▼ 101% |
| Operating profit (loss)9901 | -€16,168 | -€38,955 | -€31,143 | ▲ 20.1% |
| Financial income75/76B | €51,062 | €317 | €157,842 | ▲ 498× |
| Recurring financial income75 | €449 | €317 | €17 | ▼ 94.5% |
| Non-recurring financial income76B | €50,613 | - | €157,825 | - |
| Financial charges65/66B | €1,020 | €4,899 | €1,915 | ▼ 60.9% |
| Recurring financial charges65 | €1,020 | €768 | €495 | ▼ 35.6% |
| Non-recurring financial charges66B | - | €4,131 | €1,420 | ▼ 65.6% |
| Profit (loss) for the period before taxes9903 | €33,875 | -€43,537 | €124,785 | - |
| Income taxes67/77 | €4,527 | €604 | €30,966 | ▲ 51× |
| Profit (loss) for the period9904 | €29,347 | -€44,142 | €93,818 | - |
| Profit (loss) for the period to be appropriated9905 | €29,347 | -€44,142 | €93,818 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €207,576 | €146,536 | €233,882 | ▲ 59.6% |
| Fixed assets21/28 | €146,778 | €75,395 | €1,045 | ▼ 98.6% |
| Tangible fixed assets22/27 | €146,778 | €75,395 | €1,045 | ▼ 98.6% |
| Land and buildings22 | €56,230 | €15,327 | - | - |
| Plant, machinery and equipment23 | €44,720 | €25,407 | €1,045 | ▼ 95.9% |
| Furniture and vehicles24 | €45,827 | €34,661 | - | - |
| Current assets29/58 | €60,798 | €71,141 | €232,837 | ▲ 227% |
| Stocks and contracts in progress3 | €2,531 | €1,675 | - | - |
| Stocks30/36 | €2,531 | €1,675 | - | - |
| Amounts receivable within one year40/41 | €18,436 | €11,929 | €44,017 | ▲ 269% |
| Trade receivables40 | €15,396 | €8,421 | - | - |
| Other amounts receivable41 | €3,040 | €3,508 | €44,017 | ▲ 13× |
| Cash at bank and in hand54/58 | €39,831 | €55,812 | €188,820 | ▲ 238% |
| Deferred charges and accrued income490/1 | - | €1,725 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €207,576 | €146,536 | €233,882 | ▲ 59.6% |
| Equity10/15 | €178,645 | €134,504 | €228,322 | ▲ 69.8% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €159,546 | €159,546 | €253,364 | ▲ 58.8% |
| Distributable reserves133 | €159,546 | €159,546 | €253,364 | ▲ 58.8% |
| Profit (loss) carried forward14 | €507 | -€43,635 | -€43,635 | = |
| Provisions and deferred taxes16 | - | - | €4,950 | - |
| Provisions for liabilities and charges160/5 | - | - | €4,950 | - |
| Other liabilities and charges164/5 | - | - | €4,950 | - |
| Amounts payable17/49 | €28,930 | €12,032 | €611 | ▼ 94.9% |
| Amounts payable after more than one year17 | €6,450 | - | - | - |
| Financial debts170/4 | €6,450 | - | - | - |
| Amounts payable within one year42/48 | €22,481 | €12,032 | €611 | ▼ 94.9% |
| Current portion of amounts payable after more than one year42 | €13,069 | €7,944 | - | - |
| Trade debts44 | €3,778 | €1,970 | €611 | ▼ 69.0% |
| Suppliers440/4 | €3,778 | €1,970 | €611 | ▼ 69.0% |
| Advances received on contracts in progress46 | €1,588 | - | - | - |
| Taxes, remuneration and social security45 | €2,446 | €2,119 | - | - |
| Taxes450/3 | €2,216 | €1,889 | - | - |
| Remuneration and social security454/9 | €230 | €230 | - | - |
| Other amounts payable47/48 | €1,600 | - | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,347 | -€44,142 | €93,818 | - |
| + Depreciation and write-downs630 | €23,935 | €23,152 | €1,591 | ▼ 93.1% |
| Operating cash flow (approximation) | €53,283 | -€20,990 | €95,409 | - |
| Investment in fixed assets (approximation) | - | €48,231 | €72,759 | ▲ 50.9% |
| Change in cash | - | €15,981 | €133,009 | ▲ 732% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.