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T&M GRONDWERKEN

Active
Private limited companyfounded 2022active for 4 yearsVlasdam 25, 9160 Lokeren, BelgiumKBO/BCE: BE 0782.363.990

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

T&M GRONDWERKEN has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €183,489 and a net result of €16,308. Equity has been growing by about 16% per year since 2022. Its solvency ranks better than 60% of 1,256 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

KBO
Status
Active since 18-02-2022 Normal situation
Activity
Construction of utility projects for electricity and telecommunications NACE 42220and 4 others
Establishment unit
2.327.901.713 9160 Lokeren, since 18-02-2022
Financial year end
31 December
Peppol
Reachable since 16-12-2025

Board and ownership

Board
  • Cöken NazifDirector

Financial position

70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
€337,386
▲ 70.3%
Turnover
≈ €670,000
estimated
Profit
€16,308
▲ 22.4%
Equity
€183,489
▲ 9.8%
Total assets
€338,847
▲ 69.9%
Staff
4.6 FTE
▲ 17.9%
Filed on 14-10-2026, 75 days after the deadlineat the National Bank
Score breakdownraises riskLast filed accounts filed 75 days late; 1 of the last 3 accounts lateFounded in 2022lowers riskLiquidity: current ratio 2.04, cash €104,476Equity €183,489 (54.2% of total assets)Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 58% of micro companies in civil engineering (NACE 42)
Financial strength · tick: 2024
Strong
Solvency 79-21
equity 54.2% of total assets
Liquidity 66-20
short-term debt 45.8% · cash 30.8%
Profitability 75-2
return on assets 4.8%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.8% (1,867 companies, NACE 42, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.4%▲ +0.1 percentage points vs 08-2025 10-2025: 0.3%▼ -0.1 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.7%▲ +0.3 percentage points vs 07-2026 09-2026: 0.9%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.7%▼ -0.2 percentage points vs 09-2026
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.04 (5.25 in 2024), above the usual 1.5. Short-term debt is 45.8% and cash 30.8% of total assets. 45.8% of the assets are financed with debt and provisions.
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 42, micro). It does better than 61% of them on solvency, 70% on liquidity, 47% on profitability and 55% on growth.

The bankruptcy probability was computed on 31-10-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 75 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 2.04, cash €104,476
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €183,489 (54.2% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 75 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-10-2026, 75 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
75 days late
2024
30 days late
2023
19 days early
2022
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 21 days after the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 13 August (3 of the last 4 accounts filed within 31 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Positive: More equity than 83% of companies in civil engineeringsector median €55,051 · 1,257 companies €183,489 View

Comparable companies

These companies have the same main activity as T&M GRONDWERKEN: construction of utility projects for electricity and telecommunications (NACE 42220). They are comparable in size and age: total assets between €293,000 and €448,000, founded between 2021 and 2022.

CompanyTotal assetsGross margin
T&M GRONDWERKEN Lokeren€338,847€337,386
LEVENT BLEU Zele€376,808€398,267
Hepico Oud-Turnhout€368,532€354,696
Twin Projects Kortrijk€379,069€307,622
MB COOPER & PARTNERS Vilvoorde€394,024€424,177
MK TELECOMSERVICE Lille€448,066€303,899
O.M Elec Dour€293,260€253,218
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about T&M GRONDWERKEN

What is the company number of T&M GRONDWERKEN?
The company number of T&M GRONDWERKEN is 0782.363.990. The VAT number is the same number with BE in front: BE 0782.363.990.
Where is T&M GRONDWERKEN based?
The registered office is at Vlasdam 25, 9160 Lokeren.Company details
What does T&M GRONDWERKEN do?
According to the KBO register, the main activity is construction of utility projects for electricity and telecommunications (NACE 42220).
What is the legal form of T&M GRONDWERKEN?
The legal form of T&M GRONDWERKEN is Private limited company (BV).
When was T&M GRONDWERKEN founded?
T&M GRONDWERKEN was founded on 18-02-2022.
Is T&M GRONDWERKEN still active?
Yes, T&M GRONDWERKEN is an active enterprise in the KBO register.
How many employees does T&M GRONDWERKEN have?
T&M GRONDWERKEN had an average of 4.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of T&M GRONDWERKEN?
The turnover in financial year 2025 is ≈ €670,000. This figure is estimated from the gross margin of €337,386 and 881 comparable companies of the same size. It probably lies between €470,000 and €980,000. It is a rough estimate.
Is T&M GRONDWERKEN profitable?
In financial year 2025, T&M GRONDWERKEN made a profit of €16,308.
Where can I find the annual accounts of T&M GRONDWERKEN?
T&M GRONDWERKEN filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of T&M GRONDWERKEN due?
T&M GRONDWERKEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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