T.L.N.S Construct
ActiveT.L.N.S Construct has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €996k and a net result of €4k. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 73% of 9982 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability48▼-34
Solvency89▲+9
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days only on tighter terms
Liquidity ample (current ratio 14.08 against 4.33 in 2023; short-term debt: 5.2% and cash: 65.2% of total assets), and 35.8% 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 2024Solvency, return and age of the figures
Solvency
64.2%
Return on assets
0.3%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-11-2025, 122 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
122 d late
2023
57 d late
2022
71 d late
2021
79 d late
2020
73 d late
2019
41 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€4k▼ 97.8%
2023 · €189k
2018: €193k
2019: €79k
2020: €213k
2021: €63k
2022: €6k
2023: €189k
2018 → 2024
Working capital
€1.06M▼ 0.3%
2023 · €1.07M
2018: €456k
2019: €505k
2020: €850k
2021: €1.24M
2022: €886k
2023: €1.07M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€734k-€797k▲ 8.6%€802k▲ 0.7%€991k▲ 23.6%€996k▲ 0.4%
Operating result€299k-€105k▼ 64.8%€23k▼ 78.2%€274k▲ 1,090%€11k▼ 96.0%
Net result€213k-€63k▼ 70.5%€6k▼ 91.2%€189k▲ 3,302%€4k▼ 97.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 96% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.55M
Fixed assets
€406k▼ 3.2%
Current assets
€1.15M▼ 17.5%
Equity and liabilities €1.55M
Equity
€996k▲ 0.4%
Provisions
€162k=
Debt
€394k▼ 39.8%
The debt ratio falls from 36.2% to 25.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25k▼
2023 · €289k
Cash flow
€18k▼
2023 · €204k
Solvency
64.2%▲
2023 · 54.9%
Current ratio
14.08▲
2023 · 4.33
Quick ratio
14.08▲
2023 · 4.33
Debt / equity
0.40▼
2023 · 0.66
ROE
0.4%▼
2023 · 19.1%
ROA
0.3%▼
2023 · 10.5%
Interest coverage
3.52▼
2023 · 17.58
Debt
€394k▼
2023 · €654k
Debt ≤ 1 year
€81k▼
2023 · €320k
Debt > 1 year
€312k▼
2023 · €333k
Income taxes
€-64▼
2023 · €69k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.81M€1.55M▼
Fixed assets21/28€419k€406k▼
Tangible fixed assets22/27€419k€406k▼
Land and buildings22€419k€406k▼
Furniture and vehicles24€0-
Current assets29/58€1.39M€1.15M▼
Stocks and contracts in progress3€0-
Contracts in progress37€0-
Amounts receivable within one year40/41€400k€123k▼
Trade receivables40€258k€33k▼
Other amounts receivable41€142k€90k▼
Current investments50/53€11k€11k▲
Cash at bank and in hand54/58€976k€1.01M▲
Deferred charges and accrued income490/1€384€0▼
Equity and liabilities
Total equity and liabilities10/49€1.81M€1.55M▼
Equity10/15€991k€996k▲
Contributions10/11€12k€12k=
Reserves13€39k€39k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€38k-
Distributable reserves133-€38k
Profit (loss) carried forward14€940k€944k▲
Provisions and deferred taxes16€162k€162k=
Provisions for liabilities and charges160/5€162k€162k=
Pensions and similar obligations160-€162k
Other liabilities and charges164/5€162k-
Amounts payable17/49€654k€394k▼
Amounts payable after more than one year17€333k€312k▼
Financial debts170/4€333k€312k▼
Amounts payable within one year42/48€320k€81k▼
Current portion of amounts payable after more than one year42€21k€21k▲
Trade debts44€237k€0▼
Suppliers440/4€237k€0▼
Taxes, remuneration and social security45€63k€60k▼
Taxes450/3€63k€60k▼
Other amounts payable47/48€375€375=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€14k▼
Other operating charges640/8€7k€8k▲
Gross operating margin9900€296k€33k▼
Operating profit (loss)9901€274k€11k▼
Financial income75/76B€15€22▲
Recurring financial income75€15€22▲
Financial charges65/66B€16k€7k▼
Recurring financial charges65€16k€7k▼
Profit (loss) for the period before taxes9903€258k€4k▼
Income taxes67/77€69k€-64▼
Profit (loss) for the period9904€189k€4k▼
Profit (loss) for the period to be appropriated9905€189k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€940k€944k▲
Profit (loss) brought forward from the previous period14P€751k€940k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 122 days late
2024
31-12
Financial
Weakest financial yearnet €4k ▼97.8%
Net result drops to €4k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 14.08
Current ratio from 4.33 to 14.08; short-term debt falls from €320k to €81k.
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 79 days late
2021
12-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 73 days late
2020
31-12
Financial
Highest result since 2018net €213k ▲168%
Operating result €299k, net result €213k, both a record.
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 41 days late
2019
31-12
Financial
Equity above €500kEq €521k ▲9.1%
2 profitable years in a row build equity to €521k.
12-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 43 days late
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 51 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
14-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 45 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Erquelinnes · 1 establishment unit since 2013
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.
Ruelle Bryart 3A/16560 ErquelinnesGround area
882 m²
Building footprint
97 m²
Volume, LiDAR
773 m³
2 parcels, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
T.L.N.S. Construct
since 20132.220.254.180
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56074B0981/00Z002 | Wallonia | 544 m² | 1 · 60 m² | 9.1 m · 3 fl. |
| 56074B0981/00B002 | Wallonia | 338 m² | 1 · 38 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,810 companies in sector 41001 we hold annual accounts for 16,041. 6,429 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-06-2013
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.