TCE CONSTRUCT
The file of TCE CONSTRUCT contains 5 judicial reorganisations, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is ≥ 25% (high). The 2025 annual accounts show negative equity (€-244k) and a net result of €86k. Equity is shrinking by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 6% of 48 sector peers (fiscal year 2025).
| Equity | €-244k |
| Net result | €86k |
| Staff (FTE) | 7.7 |
| Better than sector | 6% |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -46.8% | 31.4% | |
| Net result | €86k | €32k | |
| Equity | €-244k | €62k | |
| Gross operating margin | €383k | €63k | |
| Total assets | €521k | €339k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €171k |
| Net profit | €86k |
| Cash flow | €158k |
| Staff costs | €204k |
| Income taxes | €-2k |
| Dividends | - |
| Total assets | €521k |
| Equity | €-244k |
| Debt | €765k |
| of which ≤ 1y | €557k |
| of which > 1y | €208k |
| Working capital | €-222k |
| Employees (FTE) | 7.7 |
| 2025 | |
|---|---|
| Current ratio | 0.60 |
| Quick ratio | 0.60 |
| Working capital ratio | -42.5% |
| Solvency | -46.8% |
| Debt / equity | -3.14 |
| Long-term debt ratio | -0.85 |
| Interest coverage | 11.72 |
| Gross margin | - |
| Net margin | - |
| ROA | 16.6% |
| ROE | -35.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €521k |
| Fixed assets | 21/28 | €186k |
| Tangible fixed assets | 22/27 | €173k |
| Financial fixed assets | 28 | €13k |
| Current assets | 29/58 | €335k |
| Amounts receivable within one year | 40/41 | €307k |
| Cash & bank | 54/58 | €28k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €521k |
| Equity | 10/15 | €-244k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €-247k |
| Amounts payable | 17/49 | €765k |
| Amounts payable after one year | 17 | €208k |
| Amounts payable within one year | 42/48 | €557k |
| Trade debts payable within one year | 44 | €279k |
| Income statement | ||
| Gross operating margin | 9900 | €383k |
| Operating result | 9901 | €99k |
| Financial income | 75 | €9 |
| Financial charges | 65 | €15k |
| Result before taxes | 9903 | €84k |
| Income taxes | 67/77 | €-2k |
| Net result for the period | 9904 | €86k |
| Result to be appropriated | 9905 | €86k |
Former directors (1)
-
Former- → 25-09-2024
| NACE primary | Construction of buildings(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 06-08-2021 |
| Status | Active |
| Postal code | 7387 |
| First BS signal | 24-06-2024 |
| Latest BS signal | 26-06-2025 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53065A0317/16_000 | Wallonia | 338 m² | 1 · 73 m² | 7.2 m · 1 fl. |
| 53001A0356/00C000 | Wallonia | 194 m² | 1 · 102 m² | 6.3 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
29-05-2026 Seat change · Power of attorney · General meeting · Act object
- Filing: 2025-05-20 · TCE CONSTRUCT
- Publication: 2026-05-29 · TCE CONSTRUCT
- Seat change: new: 7387 Angre rue de Dour 3+, old: Rue Richebé 162 à 7390 Quaregnon · TCE CONSTRUCT
- Power of attorney: purpose: procéder à toute démarche liée à la présente AGO, en ce compris la signature des documents de publication aux annexes du Moniteur Belge, representative: Giuseppe Polizzi · TCE CONSTRUCT
- General meeting · TCE CONSTRUCT
- Act object: changement siège social -Aa du do//26
Technical details
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}25-09-2024 ENEGUED ALI resigns as director
- ENEGUED ALI, Bestuurder
Technical details
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}27-07-2023 Registered office moved from Honnelles to Quaregnon
- Rue Emile Cornez 45, 7387 Honnelles → Rue Richebé 162, 7390 Quaregnon
Technical details
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}10-08-2021 Incorporation of a new SRL
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | TCE CONSTRUCT |