T&K BUILDING
ActiveT&K BUILDING has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €471k and a net result of €-69k. Equity is growing by ~48.9% per year across the filed fiscal years. Its solvency ranks better than 42% of 2179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-62
Solvency55▼-16
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 2.26 against 2.31 in 2024; short-term debt: 29.3% and cash: 9.6% of total assets), but 69.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 →
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
30.3%
Return on assets
-4.4%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 09-10-2025, 22 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
22 d early
2024
31 d early
2023
1 d early
2022
3 d early
2021
30 d late
2020
4 d late
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€471k▼ 12.7%
2024 · €539k
2019: €70k
2020: €93k
2021: €164k
2022: €393k
2023: €457k
2024: €539k
2019 → 2025
Total assets
€1.56M▲ 33.5%
2024 · €1.16M
2019: €561k
2020: €578k
2021: €695k
2022: €988k
2023: €1.05M
2024: €1.16M
2019 → 2025
Net result
€-69k
2024 · €76k
2019: €1k
2020: €23k
2021: €70k
2022: €229k
2023: €64k
2024: €76k
2019 → 2025
Working capital
€575k▲ 30.8%
2024 · €440k
2019: €-12k
2020: €12k
2021: €187k
2022: €588k
2023: €648k
2024: €440k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€164k-€393k▲ 140%€457k▲ 16.4%€539k▲ 17.9%€471k▼ 12.7%
Operating result€100k-€345k▲ 247%€81k▼ 76.4%€102k▲ 24.9%€-47k
Net result€70k-€229k▲ 226%€64k▼ 71.9%€76k▲ 17.6%€-69k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €47k after €102k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.56M
Fixed assets
€524k▲ 34.3%
Current assets
€1.03M▲ 33.1%
Equity and liabilities €1.56M
Equity
€471k▼ 12.7%
Debt
€1.08M▲ 73.4%
The debt ratio rises from 53.7% to 69.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-19k▼
2024 · €133k
Cash flow
€-41k▼
2024 · €108k
Solvency
30.3%▼
2024 · 46.3%
Current ratio
2.26▼
2024 · 2.31
Quick ratio
0.74▼
2024 · 1.81
Debt / equity
2.30▲
2024 · 1.16
ROE
-14.6%▼
2024 · 14.1%
ROA
-4.4%▼
2024 · 6.5%
Interest coverage
-0.68▼
2024 · 5.79
Debt
€1.08M▲
2024 · €626k
Debt ≤ 1 year
€456k▲
2024 · €335k
Debt > 1 year
€479k▲
2024 · €273k
Income taxes
€844▼
2024 · €38k
Staff costs
€129k▲
2024 · €121k
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€1.16M€1.56M▲
Fixed assets21/28€390k€524k▲
Tangible fixed assets22/27€390k€524k▲
Land and buildings22€95k€479k▲
Plant, machinery and equipment23€867€1k▲
Furniture and vehicles24€1k€3k▲
Leasing and similar rights25€58k€41k▼
Assets under construction and advance payments27€235k€0▼
Financial fixed assets28€500€500=
Current assets29/58€775k€1.03M▲
Amounts receivable after more than one year29€163k€0▼
Other amounts receivable291€163k€0▼
Stocks and contracts in progress3€169k€695k▲
Stocks30/36€169k€695k▲
Amounts receivable within one year40/41€78k€161k▲
Trade receivables40€22k€91k▲
Other amounts receivable41€56k€70k▲
Current investments50/53€10k€10k=
Cash at bank and in hand54/58€337k€149k▼
Deferred charges and accrued income490/1€17k€17k▼
Equity and liabilities
Total equity and liabilities10/49€1.16M€1.56M▲
Equity10/15€539k€471k▼
Contributions10/11€19k€19k=
Reserves13€444k€444k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€444k€444k=
Profit (loss) carried forward14€77k€9k▼
Amounts payable17/49€626k€1.08M▲
Amounts payable after more than one year17€273k€479k▲
Financial debts170/4€273k€479k▲
Amounts payable within one year42/48€335k€456k▲
Current portion of amounts payable after more than one year42€31k€284k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€179k€50k▼
Suppliers440/4€179k€50k▼
Advances received on contracts in progress46€50k€0▼
Taxes, remuneration and social security45€74k€75k▲
Taxes450/3€59k€59k▼
Remuneration and social security454/9€15k€17k▲
Other amounts payable47/48€190€47k▲
Accrued charges and deferred income492/3€18k€150k▲
Income statement
Code20242025
Remuneration, social security and pensions62€121k€129k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€28k▼
Other operating charges640/8€15k€5k▼
Gross operating margin9900€270k€116k▼
Operating profit (loss)9901€102k€-47k▼
Financial income75/76B€35k€7k▼
Recurring financial income75€35k€7k▼
Financial charges65/66B€23k€28k▲
Recurring financial charges65€23k€28k▲
Profit (loss) for the period before taxes9903€114k€-68k▼
Income taxes67/77€38k€844▼
Profit (loss) for the period9904€76k€-69k▼
Profit (loss) for the period to be appropriated9905€76k€-69k▼
Appropriation of the result
Profit (loss) to be appropriated9906€153k€9k▼
Profit (loss) brought forward from the previous period14P€77k€77k=
Transfer to equity691/2€76k€0▼
To other reserves6921€76k€0▼
Social balance
Average headcount (FTE)90873.83.8=
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
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-69k ▼191%
Net result drops to €-69k, the lowest in the series.
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Equity above €500kEq €539k ▲17.9%
6 profitable years in a row build equity to €539k.
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Highest result since 2019net €229k ▲226%
Operating result €345k, net result €229k, both a record.
31-03
Financial
Equity above €200kEq €393k ▲140%
4 profitable years in a row build equity to €393k.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
31-03
Financial
Equity above €150kEq €164k ▲75.7%
3 profitable years in a row build equity to €164k.
2020
04-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 4 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Gent · 1 establishment unit since 2015
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.
Salviastraat 549040 GentGround area
295 m²
Building footprint
159 m²
Volume, LiDAR
261 m³
Parcel 44432C0588/00W002, Flanders · tallest building 7.7 m. Linked by address, not a title deed.
1 establishment unit
T&K BUILDING
since 20152.243.222.889
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44432C0588/00W002 | Flanders | 295 m² | 1 · 159 m² | 7.7 m |
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
Recognised contractor
12 categoriesT&K BUILDING BV36648
T&K BUILDING BV#10107
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,050. 9,464 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-06-2015
Fiscal year end31-03
Activities, NACEBEL
41001General construction of residential buildings
43230Insulation installation
43291Specialised construction activities
43410Roofing work
43422Screed work
43994Specialised construction activities
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.