TBP PAVING
ActiveThe file of TBP PAVING contains 2 judicial reorganisations, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is ≥ 25% (high). The 2024 annual accounts show equity of €190k and a net result of €17k. Equity is growing by ~23.1% per year across the filed fiscal years. Its solvency ranks better than 44% of 36376 sector peers (fiscal year 2024).
Checked score
Score 2024
34
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability60▼-29
Solvency66▼-15
Growth43▼-2
Track record60
Bankruptcy probability, 12 months
≥ 25%
High
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity ample (current ratio 1.82 against 2.49 in 2023; short-term debt: 54.1% and cash: 7.8% of total assets), but 58.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
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 27-11-2025, 119 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
119 d late
2023
97 d late
2022
287 d late
2021
100 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€936k▼ 6.4%
2023 · €1.00M
2021: €1.02M
2022: €960k
2023: €1.00M
2021 → 2024
EBIT margin
1.9%▼ 8.7pp
2023 · 10.6%
2021: 10.2%
2022: 4.5%
2023: 10.6%
2021 → 2024
Net result
€17k▼ 76.3%
2023 · €71k
2021: €103k
2022: €-509
2023: €71k
2021 → 2024
Working capital
€204k▲ 17.4%
2023 · €174k
2021: €86k
2022: €80k
2023: €174k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€1.02M-€960k▼ 5.6%€1.00M▲ 4.2%€936k▼ 6.4%
Equity€104k-€103k▼ 0.5%€174k▲ 68.5%€190k▲ 9.6%
Operating result€103k-€43k▼ 58.6%€106k▲ 148%€18k▼ 83.3%
Net result€103k-€-509€71k€17k▼ 76.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 83% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €461k
Fixed assets
€8k▼ 63.1%
Current assets
€453k▲ 56.3%
Equity and liabilities €461k
Equity
€190k▲ 9.6%
Debt
€271k▲ 96.6%
The debt ratio rises from 44.2% to 58.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33k▼
2023 · €129k
Cash flow
€32k▼
2023 · €94k
Solvency
41.3%▼
2023 · 55.8%
Current ratio
1.82▼
2023 · 2.49
Quick ratio
1.82▼
2023 · 2.49
Debt / equity
1.42▲
2023 · 0.79
ROE
8.8%▼
2023 · 40.6%
ROA
3.6%▼
2023 · 22.7%
Interest coverage
32.58▼
2023 · 224.04
Debt
€271k▲
2023 · €138k
Debt ≤ 1 year
€249k▲
2023 · €116k
Debt > 1 year
€21k=
2023 · €21k
Staff costs
€289k▼
2023 · €335k
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€312k€461k▲
Fixed assets21/28€21k€8k▼
Tangible fixed assets22/27€21k€8k▼
Plant, machinery and equipment23€225€196▼
Furniture and vehicles24€21k€8k▼
Current assets29/58€290k€453k▲
Amounts receivable within one year40/41€239k€418k▲
Trade receivables40€125k€273k▲
Other amounts receivable41€115k€145k▲
Cash at bank and in hand54/58€51k€36k▼
Equity and liabilities
Total equity and liabilities10/49€312k€461k▲
Equity10/15€174k€190k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€173k€189k▲
Amounts payable17/49€138k€271k▲
Amounts payable after more than one year17€21k€21k=
Financial debts170/4€21k€21k=
Amounts payable within one year42/48€116k€249k▲
Trade debts44€91k€193k▲
Suppliers440/4€91k€193k▲
Taxes, remuneration and social security45€24k€40k▲
Taxes450/3€418-
Remuneration and social security454/9€24k€40k▲
Other amounts payable47/48€1k€17k▲
Income statement
Code20232024
Turnover70€1.00M€936k▼
Non-recurring operating income76A€38€66k▲
Goods, raw materials, services and sundry goods60/61€501k€602k▲
Remuneration, social security and pensions62€335k€289k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€16k▼
Other operating charges640/8€5k€389▼
Non-recurring operating charges66A€30k€76k▲
Gross operating margin9900€499k€400k▼
Operating profit (loss)9901€106k€18k▼
Financial charges65/66B€578€1k▲
Recurring financial charges65€578€1k▲
Profit (loss) for the period before taxes9903€106k€17k▼
Income taxes67/77€35k-
Profit (loss) for the period9904€71k€17k▼
Profit (loss) for the period to be appropriated9905€71k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€173k€189k▲
Profit (loss) brought forward from the previous period14P€102k€173k▲
Social balance
Average headcount (FTE)90879.0-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
19-05
Judicial reorganisation
Plan homologation
Tribunal de l’entreprise francophone de Bruxelles · 20250190 · event 11-05-2026
22-01
Judicial reorganisation
Opening
Tribunal de l’entreprise francophone de Bruxelles · collectif_pme · event 09-01-2026
2025
27-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 119 days late
2024
05-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 97 days late
13-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 287 days late
2023
31-12
Financial
Back to profitnet €71k
Net result €71k after one loss-making year.
31-12
Financial
Equity above €150kEq €174k ▲68.5%
Equity rises from €103k to €174k.
2022
31-12
Financial
Weakest financial yearnet €-509 ▼100%
Net result drops to €-509, the lowest in the series; recovery starts the following year.
08-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 100 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Ukkel · 1 establishment unit since 2020
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.
Drie Bomenstraat 621180 UkkelGround area
1,983 m²
Building footprint
807 m²
Volume, LiDAR
6,210 m³
Parcel 21616A0082/00Z002, Brussels · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TBP PAVING
since 20202.304.044.364
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616A0082/00Z002 | Brussels | 1,983 m² | 1 · 807 m² | 11.7 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.
Recognitions · licences · registrations
Legal Entity Identifier
6488UN545UM9EU3N9179
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ZEKAJ CONSTRUCT
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Of 15,536 companies in sector 43990 we hold annual accounts for 7,420. 5,902 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-04-2020
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.