Skip to content

TC CONTRACTOR

Active
Private limited companyfounded 20224 yrs activeDiestbrugstraat 161, 3071 Kortenberg, BelgiumKBO/BCE: BE 0788.521.413
Summary

The computed 12-month bankruptcy probability of TC CONTRACTOR is 19.6% (high). The 2024 annual accounts show equity of €27,429 and a net result of €26,501. Its solvency ranks better than 13% of 36397 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Risk analysisWatch ReportCompare
TC CONTRACTORActiveChecked score 15/100
Risk analysis ReportCompare

Overview

Activity
Other building finishing work
NACE 43350NACE 43390
1 site
Size
€360,672total assets 2024
Equity
€27,429
Profit
€26,501
Turnover not published (abridged schema)
Financial health
15 Critical Checked score 2024
Bankruptcy chance 12 m
19.6%
Structure
Accounts 65 d overdue0 of 3 deeds read
Why 15- 1 change of registered office in 24 months- 1 financial year not filed after the legal deadline; latest accounts 112 days late; 2 of the last 3 late- Ex-officio strike-off in the KBO- Figures for FY 2024 (filed 20-11-2025)Show the evidence

Checked score

Score 2024
15 / 100
Critical
Probability in this band: over 15.0%
Better than 37% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 33-2
equity 7.6% of total assets
Liquidity 4-1
short-term debt 92.4% · cash 2.9%
Profitability 78-22
return on assets 7.3%
Bankruptcy probability, 12 months
19.6% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,133 companies)
Last 24 months 11-2024: 8.1% 12-2024: 8.1%● 0.0% vs 11-2024 01-2025: 7.9%▼ -1.7% vs 12-2024 02-2025: 7.9%● 0.0% vs 01-2025 03-2025: 7.9%▼ -0.4% vs 02-2025lowest value 04-2025: 8.0%▲ +1.5% vs 03-2025 05-2025: 7.9%▼ -1.1% vs 04-2025 06-2025: 13.7%▲ +73.1% vs 05-2025 07-2025: 13.8%▲ +0.3% vs 06-2025 08-2025: 14.6%▲ +6.5% vs 07-2025 09-2025: 15.0%▲ +2.1% vs 08-2025 10-2025: 19.5%▲ +30.2% vs 09-2025 11-2025: 19.8%▲ +1.4% vs 10-2025highest value 12-2025: 13.0%▼ -34.3% vs 11-2025 01-2026: 12.9%▼ -0.8% vs 12-2025 02-2026: 12.9%● 0.0% vs 01-2026 03-2026: 12.2%▼ -5.6% vs 02-2026 04-2026: 13.9%▲ +14.1% vs 03-2026 05-2026: 14.9%▲ +7.3% vs 04-2026 06-2026: 14.8%▼ -0.9% vs 05-2026 07-2026: 14.6%▼ -0.9% vs 06-2026 08-2026: 15.0%▲ +2.2% vs 07-2026 09-2026: 15.2%▲ +1.4% vs 08-2026 10-2026: 19.6%▲ +29.6% vs 09-2026
  • 1 change of registered office in 24 months raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 112 days late; 2 of the last 3 late raises the probability
  • Ex-officio strike-off in the KBO raises the probability
  • Figures for FY 2024 (filed 20-11-2025) raises the probability
No credit on open account
Liquidity short (current ratio 0.85 against 0.89 in 2023; short-term debt: 92.4% and cash: 2.9% of total assets), and 92.4% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 12%, liquidity 4%, profitability 55%, growth against the median 75%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · 1 financial year not filed after the legal deadline; latest accounts 112 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Ex-officio strike-off in the KBO
In the bankruptcy model this factor raises the probability.
KBO publications
raises risk · Figures for FY 2024 (filed 20-11-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 36397 sector peers (2024).
NBB · sector comparison
Position among 36397 sector peers
Solvency
better than 13%
← weakest strongest →
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 20-11-2025, 112 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
112 d late
2023
72 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 92 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Address struckevent 22-08-2024
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Among the weakest 13% on solvencysector median 46.6% · 36,397 companies 7.6% View
  • Caution: Accounts not fileddeadline was 31-07-2026 65 d late View
  • Total assets 20242 fiscal years filed €360,672 View

By topic

Financials

Fiscal year
2024
Total assets
€360,672
Profit
€26,501
Solvency
7.6%
Total assets▲ 77.3%
Net result
20232024
Go to Financials

Timeline

Events
3
Since
2024
  1. 20-11-2025Annual accounts filed
  2. 25-10-2024Address struck
  3. 11-10-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other building finishing workNACE 43350
Founded
13-07-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure