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 52 sector peers (fiscal year 2025).
| Equity | €-244k |
| Net result | €86k |
| Staff (FTE) | 7.7 |
| Better than sector | 6% |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
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% | 32.8% | |
| Net result | €86k | €24k | |
| Equity | €-244k | €72k | |
| Gross operating margin | €383k | €50k | |
| Total assets | €521k | €409k |
Show 11 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| 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) | - |
Full annual accounts (23 line items)
| 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 | Algemene bouw van residentiële gebouwen(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.
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 4 further earlier events in this file, covering 17-06-2024 to 16-06-2025.
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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}| Legal nameFR | TCE CONSTRUCT |