TCM CONSTRUCT CONCEPT
Judicial reorganisationThe file of TCM CONSTRUCT CONCEPT contains 2 judicial reorganisations, as published in the Belgian State Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show equity of €183k and a net result of €24k. Equity is growing by ~30% per year across the filed fiscal years. Its solvency ranks better than 36% of 820 sector peers (fiscal year 2025).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. An ongoing judicial reorganisation from the Belgian State Gazette caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-9
Solvency48▼-6
Growth52=
Track record54
Credit verdict
No credit on open account during an ongoing judicial reorganisation
Liquidity tight (current ratio 1.35 against 1.37 in 2024; short-term debt: 49.7% of total assets), and 77.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 d early
2024
49 d late
2023
6 d early
2022
11 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close17-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€24k▼ 56.4%
2024 · €55k
2022: €65k
2023: €36k
2024: €55k
2022 → 2025
Working capital
€137k▲ 74.6%
2024 · €78k
2022: €65k
2023: €56k
2024: €78k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€67k-€103k▲ 53.9%€158k▲ 53.9%€183k▲ 15.3%
Operating result€87k-€52k▼ 39.7%€80k▲ 53.0%€60k▼ 24.8%
Net result€65k-€36k▼ 44.5%€55k▲ 53.9%€24k▼ 56.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €796k
Fixed assets
€264k▲ 5.9%
Current assets
€532k▲ 83.8%
Equity and liabilities €796k
Equity
€183k▲ 15.3%
Debt
€614k▲ 61.4%
The debt ratio rises from 70.6% to 77.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€107k▼
2024 · €111k
Cash flow
€71k▼
2024 · €87k
Solvency
22.9%▼
2024 · 29.4%
Current ratio
1.35▼
2024 · 1.37
Quick ratio
1.23▼
2024 · 1.37
Debt / equity
3.36▲
2024 · 2.40
ROE
13.2%▼
2024 · 35.0%
ROA
3.0%▼
2024 · 10.3%
Interest coverage
7.69▼
2024 · 12.86
Debt
€614k▲
2024 · €380k
Debt ≤ 1 year
€396k▲
2024 · €211k
Debt > 1 year
€218k▲
2024 · €169k
Income taxes
€22k▲
2024 · €16k
Staff costs
€179k▼
2024 · €200k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€539k€796k▲
Fixed assets21/28€249k€264k▲
Tangible fixed assets22/27€248k€263k▲
Land and buildings22€169k€195k▲
Plant, machinery and equipment23€15k€12k▼
Furniture and vehicles24€64k€56k▼
Financial fixed assets28€1k€1k=
Current assets29/58€290k€532k▲
Stocks and contracts in progress3-€45k
Contracts in progress37-€45k
Amounts receivable within one year40/41€268k€487k▲
Trade receivables40€241k€367k▲
Other amounts receivable41€27k€121k▲
Cash at bank and in hand54/58€22k-
Equity and liabilities
Total equity and liabilities10/49€539k€796k▲
Equity10/15€158k€183k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€156k€181k▲
Amounts payable17/49€380k€614k▲
Amounts payable after more than one year17€169k€218k▲
Financial debts170/4€169k€218k▲
Amounts payable within one year42/48€211k€396k▲
Current portion of amounts payable after more than one year42€27k€39k▲
Financial debts43-€22k
Credit institutions430/8-€22k
Trade debts44€97k€215k▲
Suppliers440/4€91k€209k▲
Bills of exchange payable441€6k€6k=
Taxes, remuneration and social security45€87k€120k▲
Taxes450/3€34k€47k▲
Remuneration and social security454/9€53k€73k▲
Income statement
Code20242025
Remuneration, social security and pensions62€200k€179k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€47k▲
Other operating charges640/8€27k€15k▼
Gross operating margin9900€339k€302k▼
Operating profit (loss)9901€80k€60k▼
Financial income75/76B€41-
Recurring financial income75€41-
Financial charges65/66B€9k€14k▲
Recurring financial charges65€9k€14k▲
Profit (loss) for the period before taxes9903€71k€46k▼
Income taxes67/77€16k€22k▲
Profit (loss) for the period9904€55k€24k▼
Profit (loss) for the period to be appropriated9905€55k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€156k€181k▲
Profit (loss) brought forward from the previous period14P€101k€156k▲
Social balance
Average headcount (FTE)90875.45.2▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-06
Judicial reorganisation
Extension
Tribunal de l’entreprise de Liège · collectif · event 24-06-2026
05-05
Judicial reorganisation
Opening
Tribunal de l’entreprise de Liège · collectif_pme · event 28-04-2026
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial
Weakest financial yearnet €24k ▼56.4%
Net result drops to €24k, the lowest in the series.
2024
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 49 days late
31-03
Financial
Equity above €150kEq €158k ▲53.9%
3 profitable years in a row build equity to €158k.
2023
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
31-03
Financial
Equity above €100kEq €103k ▲53.9%
2 profitable years in a row build equity to €103k.
2022
20-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Mettet · 1 establishment unit since 2021
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.
Rue Albert Ier 15640 MettetGround area
2,760 m²
Building footprint
309 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de Noéchamps, Biesme 42, 5640 Mettet
since 20212.319.488.942
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92087H0017/00G000 | Wallonia | 1,724 m² | 1 · 178 m² | - |
| 92013B0440/00B015 | Wallonia | 1,036 m² | 1 · 131 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
Gebroeders Pollet
BE 0407.706.440
Zedelgem · Eq €183k
CONSTRUCTION BOUCHER THIERRY
BE 0686.889.464
Bièvre · Eq €183k
Société de construction @EUROPE 93@
BE 0451.148.879
Anderlecht · Eq €183k
Les Entreprises Louis Draps
BE 0400.474.002
Vorst · Eq €183k
Algemene Bouwonderneming Stijn Vercauteren
BE 0667.774.328
Waasmunster · Eq €182k
Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 12,266 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-07-2021
Fiscal year end31-03
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:tcm-constructconcept@hotmail.com