T.T.C CONSTRUCT
ActiveT.T.C CONSTRUCT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €119k and a net result of €16k. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 69% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▲+6
Solvency89▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.5 against 2.55 in 2023; short-term debt: 36% and cash: 0.2% of total assets), and 36% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
20 d early
2023
30 d early
2022
46 d late
2021
79 d late
2020
19 d early
2019
46 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€119k▲ 2.7%
2023 · €115k
2018: €37k
2019: €59k
2020: €83k
2021: €102k
2022: €110k
2023: €115k
2018 → 2024
Total assets
€185k▲ 0.8%
2023 · €184k
2018: €79k
2019: €79k
2020: €156k
2021: €176k
2022: €181k
2023: €184k
2018 → 2024
Net result
€16k▲ 173%
2023 · €6k
2018: €46k
2019: €32k
2020: €38k
2021: €19k
2022: €15k
2023: €6k
2018 → 2024
Working capital
€100k▲ 10.7%
2023 · €90k
2018: €29k
2019: €55k
2020: €68k
2021: €86k
2022: €90k
2023: €90k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€83k-€102k▲ 23.4%€110k▲ 7.8%€115k▲ 5.2%€119k▲ 2.7%
Operating result€41k-€23k▼ 45.1%€13k▼ 42.0%€4k▼ 65.9%€17k▲ 279%
Net result€38k-€19k▼ 49.4%€15k▼ 22.9%€6k▼ 61.7%€16k▲ 173%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 279% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €185k
Fixed assets
€19k▼ 47.0%
Current assets
€167k▲ 12.1%
Equity and liabilities €185k
Equity
€119k▲ 2.7%
Debt
€67k▼ 2.4%
The debt ratio falls from 37.1% to 36.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€33k▲
2023 · €19k
Cash flow
€32k▲
2023 · €20k
Solvency
64.0%▲
2023 · 62.9%
Current ratio
2.50▼
2023 · 2.55
Quick ratio
2.50▼
2023 · 2.55
Debt / equity
0.56▼
2023 · 0.59
ROE
13.2%▲
2023 · 4.9%
ROA
8.4%▲
2023 · 3.1%
Interest coverage
20.58▼
2023 · 21.15
Debt
€67k▼
2023 · €68k
Debt ≤ 1 year
€67k▲
2023 · €58k
Income taxes
€7k▲
2023 · €3k
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€184k€185k▲
Fixed assets21/28€35k€19k▼
Tangible fixed assets22/27€35k€19k▼
Furniture and vehicles24€35k€19k▼
Current assets29/58€149k€167k▲
Amounts receivable within one year40/41€143k€166k▲
Trade receivables40€22k€36k▲
Other amounts receivable41€121k€130k▲
Cash at bank and in hand54/58€6k€320▼
Equity and liabilities
Total equity and liabilities10/49€184k€185k▲
Equity10/15€115k€119k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€107k€111k▲
Amounts payable17/49€68k€67k▼
Amounts payable after more than one year17€10k-
Financial debts170/4€10k-
Amounts payable within one year42/48€58k€67k▲
Current portion of amounts payable after more than one year42€15k€11k▼
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€36k€31k▼
Suppliers440/4€36k€31k▼
Taxes, remuneration and social security45€7k€11k▲
Taxes450/3€7k€11k▲
Other amounts payable47/48-€13k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€16k▲
Other operating charges640/8€1k€905▼
Gross operating margin9900€20k€34k▲
Operating profit (loss)9901€4k€17k▲
Financial income75/76B€6k€7k▲
Recurring financial income75€6k€7k▲
Financial charges65/66B€894€2k▲
Recurring financial charges65€894€2k▲
Profit (loss) for the period before taxes9903€9k€23k▲
Income taxes67/77€3k€7k▲
Profit (loss) for the period9904€6k€16k▲
Profit (loss) for the period to be appropriated9905€6k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€107k€123k▲
Profit (loss) brought forward from the previous period14P€102k€107k▲
Profit to be distributed694/7-€13k
Directors or managers695-€13k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €6k ▼61.7%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
15-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 46 days late
2022
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 79 days late
2021
31-12
Financial
Equity above €100kEq €102k ▲23.4%
4 profitable years in a row build equity to €102k.
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 3.77
Current ratio from 1.69 to 3.77; short-term debt falls from €42k to €20k.
12-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 43 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Brugge · 1 establishment unit since 2017
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.
Moerkerkse Steenweg 1098310 BruggeGround area
253 m²
Building footprint
81 m²
Volume, LiDAR
635 m³
Parcel 31433D0010/00H014, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
T.T.C CONSTRUCT
since 20172.267.571.572
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31433D0010/00H014 | Flanders | 253 m² | 1 · 81 m² | 11.2 m · 3 fl. |
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.
Similar companies · same sector, comparable size
ALL STYLE RENOV
BE 0541.821.511
Anderlecht · Eq €119k
DSJ
BE 0843.688.380
Herzele · Eq €118k
RENOJOINT
BE 0436.882.852
Etterbeek · Eq €118k
All-dak projects
BE 0708.900.744
Wommelgem · Eq €117k
Chapewerken Niva
BE 0506.927.938
Merksplas · Eq €120k
Of 4,270 companies in sector 43230 we hold annual accounts for 1,240. 1,039 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-08-2017
Fiscal year end31-12
Activities, NACEBEL
43230Insulation installation
43291Specialised construction activities
43240Other construction installation
43299Specialised construction activities
43350Other building finishing work
43992Specialised construction activities
46190Agents in non-specialised wholesale trade
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.