TCONSTRUCT
Annual accounts 2025
micro format, filed on 10-07-2026, 21 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €200,000. Estimated: probably between €130,000 and €270,000.
Money flows
no detail for 2025Balance sheet
balance sheet total €136,026 on 31-12-2025in euro
in euro
Position in the sector
30.7%
Higher than 32% of 35,074 companies in 2025.
2.79
Higher than 69% of 34,450 companies in 2025.
12.8%
Higher than 65% of 34,650 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
Blue and white collar
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||
20/58 |
136,026 | 103,347 | 104,335 | 138,758 | 89,040 | 79,828 | 86,910 | 73,056 | 63,714 | 65,177 | 44,944 | 26,999 | 8,086 | 25,534 | 32,298 | |
21/28 |
18,631 | 11,385 | 29,659 | 54,872 | 7,389 | 6,457 | 16,615 | 14,044 | 15,338 | 17,544 | 15,818 | 7,817 | 8,000 | 11,269 | 9,012 | |
22/27 |
18,631 | 11,385 | 29,659 | 54,872 | 7,389 | 6,457 | 16,615 | 14,044 | 15,338 | 17,544 | 15,818 | 7,817 | 8,000 | 11,269 | 9,012 | |
23 |
8,273 | 5,301 | 7,948 | 10,910 | 6,086 | 4,407 | 5,454 | 6,501 | 7,603 | 8,704 | 4,991 | 4,737 | 2,723 | 3,795 | 3,140 | |
24 |
10,358 | 6,084 | 21,711 | 43,962 | 1,303 | 2,050 | 11,161 | 7,544 | 7,735 | 8,840 | 10,828 | 3,080 | 5,277 | 7,474 | 5,872 | |
29/58 |
117,394 | 91,963 | 74,675 | 83,885 | 81,651 | 73,371 | 70,295 | 59,011 | 48,376 | 47,633 | 29,125 | 19,182 | 87 | 14,265 | 23,286 | |
3 |
- | - | 4,500 | 3,000 | 4,250 | 9,250 | 4,250 | 4,250 | 4,250 | 4,250 | 4,250 | 4,250 | - | - | - | |
30/36 |
- | - | 4,500 | 3,000 | 4,250 | 9,250 | 4,250 | 4,250 | 4,250 | 4,250 | 4,250 | 4,250 | - | - | - | |
40/41 |
34,214 | 43,764 | 56,430 | 69,372 | 50,775 | 56,894 | 59,830 | 51,326 | 36,058 | 25,995 | 22,613 | 1,517 | - | 7,569 | 12,638 | |
40 |
- | 13,250 | 28,621 | 34,077 | 2,917 | 10,554 | 17,886 | 10,515 | 6,510 | 6,319 | 20,607 | - | - | 7,282 | 9,768 | |
41 |
34,214 | 30,514 | 27,809 | 35,295 | 47,859 | 46,339 | 41,944 | 40,812 | 29,548 | 19,676 | 2,006 | 1,517 | - | 287 | 2,870 | |
54/58 |
83,180 | 46,609 | 12,156 | 9,924 | 24,641 | 6,832 | 5,820 | 3,435 | 8,068 | 17,388 | 2,262 | 13,415 | 87 | 6,696 | 10,648 | |
490/1 |
- | 1,590 | 1,590 | 1,590 | 1,985 | 395 | 395 | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||
10/49 |
136,026 | 103,347 | 104,335 | 138,758 | 89,040 | 79,828 | 86,910 | 73,056 | 63,714 | 65,177 | 44,944 | 26,999 | 8,086 | 25,534 | 32,298 | |
10/15 |
41,750 | 24,349 | 9,851 | 35,590 | 31,628 | 23,097 | 25,191 | 34,269 | 40,634 | 38,446 | 23,356 | 3,033 | -1,811 | 14,655 | 17,623 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
13 |
46,244 | 28,843 | 14,345 | 14,345 | 10,385 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 261 | 261 | 261 | 261 | 261 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 261 | 261 | 261 | 261 | 261 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | |
133 |
44,384 | 26,983 | 12,485 | 12,485 | 8,525 | - | - | - | - | - | - | - | - | - | - | |
14 |
-16,894 | -16,894 | -16,894 | 8,845 | 8,843 | 8,837 | 10,931 | 20,009 | 26,374 | 24,186 | 10,695 | -9,628 | -14,472 | 1,994 | 4,962 | |
17/49 |
94,276 | 78,998 | 94,483 | 103,167 | 57,412 | 56,731 | 61,718 | 38,787 | 23,080 | 26,731 | 21,588 | 23,966 | 9,897 | 10,879 | 14,675 | |
17 |
51,936 | 61,175 | 68,671 | 30,700 | - | 1,470 | 7,403 | 4,352 | - | 3,304 | - | - | - | - | - | |
170/4 |
51,936 | 61,175 | 68,671 | 30,700 | - | 1,470 | 7,403 | 4,352 | - | 3,304 | - | - | - | - | - | |
42/48 |
42,114 | 17,823 | 25,812 | 72,468 | 57,412 | 55,261 | 54,315 | 34,434 | 23,080 | 23,427 | 21,588 | 23,966 | 9,897 | 10,879 | 14,675 | |
42 |
9,239 | 8,954 | 9,701 | 8,516 | 1,470 | 5,934 | 6,950 | 3,250 | 3,286 | 2,523 | - | - | - | - | - | |
44 |
21,601 | 5,914 | 13,538 | 60,535 | 51,094 | 40,042 | 33,085 | 21,870 | 7,348 | 4,722 | 14,626 | 9,539 | - | 1,577 | 9,245 | |
440/4 |
21,601 | 5,914 | 13,538 | 60,535 | 51,094 | 40,042 | 33,085 | 21,870 | 7,348 | 4,722 | 14,626 | 9,539 | - | 1,577 | 9,245 | |
45 |
10,230 | 1,911 | 1,249 | 2,373 | 3,804 | 3,242 | 4,194 | 3,278 | 11,085 | 14,821 | 5,602 | 54 | 193 | 193 | 193 | |
450/3 |
8,230 | 1,911 | 1,249 | 2,373 | 3,804 | 3,242 | 4,194 | 3,278 | 11,085 | 14,821 | 5,602 | 54 | 193 | 193 | 193 | |
454/9 |
2,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
47/48 |
1,044 | 1,044 | 1,325 | 1,044 | 1,044 | 6,044 | 10,086 | 6,036 | 1,361 | 1,361 | 1,361 | 14,374 | 9,704 | 9,108 | 5,236 | |
492/3 |
225 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 82,316 | |
9900 |
37,574 | 37,814 | 4,582 | 28,022 | 14,989 | 13,462 | 2,264 | 23,544 | 44,360 | 59,666 | 61,515 | 36,834 | -11,847 | 1,179 | 8,923 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 75,533 | |
62 |
- | - | - | - | - | - | - | 19,057 | 36,206 | 31,701 | 28,749 | 25,708 | - | - | - | |
630 |
11,316 | 18,275 | 27,213 | 21,016 | 3,623 | 3,097 | 7,959 | 9,293 | 2,207 | 3,628 | 5,017 | 3,602 | 3,269 | 3,265 | 2,528 | |
640/8 |
465 | 516 | 560 | 373 | 889 | 11,918 | 2,430 | 875 | 1,239 | 536 | 1,533 | 2,404 | 4 | 826 | 1,180 | |
9901 |
25,793 | 19,023 | -23,191 | 6,633 | 10,478 | -1,553 | -8,125 | -5,681 | 4,708 | 23,801 | 26,217 | 5,119 | -15,121 | -2,913 | 5,215 | |
75/76B |
9 | 31 | 10 | 160 | 9 | 84 | - | 0 | - | 0 | 2 | 0 | 4 | 16 | 25 | |
75 |
9 | 31 | 10 | 160 | 9 | 84 | - | 0 | - | 0 | 2 | 0 | 4 | 16 | 25 | |
65/66B |
1,629 | 2,858 | 2,332 | 1,482 | 806 | 539 | 870 | 684 | 265 | 400 | 347 | 276 | 61 | 72 | 16 | |
65 |
1,629 | 2,858 | 2,332 | 1,482 | 806 | 539 | 870 | 684 | 265 | 400 | 347 | 276 | 61 | 72 | 16 | |
9903 |
24,173 | 16,195 | -25,513 | 5,312 | 9,680 | -2,007 | -8,996 | -6,364 | 4,443 | 23,402 | 25,871 | 4,844 | -15,178 | -2,968 | 5,223 | |
67/77 |
6,773 | 1,697 | 226 | 1,350 | 1,150 | 87 | 82 | - | 2,255 | 8,311 | 5,548 | - | 1,288 | - | - | |
9904 |
17,401 | 14,498 | -25,739 | 3,962 | 8,530 | -2,094 | -9,078 | -6,364 | 2,187 | 15,090 | 20,323 | 4,844 | -16,466 | -2,968 | 5,223 | |
9905 |
17,401 | 14,498 | -25,739 | 3,962 | 8,530 | -2,094 | -9,078 | -6,364 | 2,187 | 15,090 | 20,323 | 4,844 | -16,466 | -2,968 | 5,223 | |
| Appropriation of the result | ||||||||||||||||
9906 |
507 | -2,396 | -16,894 | 12,805 | 17,368 | 8,837 | 10,931 | 20,009 | 26,374 | 25,250 | 10,695 | -9,628 | -14,472 | 1,994 | 5,223 | |
14P |
-16,894 | -16,894 | 8,845 | 8,843 | 8,837 | - | - | - | - | - | - | - | - | - | - | |
691/2 |
17,401 | 14,498 | - | 3,960 | 8,525 | - | - | - | - | 1,064 | - | - | - | - | 261 | |
6920 |
- | - | - | - | - | - | - | - | - | 1,064 | - | - | - | - | 261 | |
6921 |
17,401 | 14,498 | - | 3,960 | 8,525 | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||
9087 |
- | - | - | - | - | - | - | 0.5 | 1 | - | 1 | 0.7 | - | - | - | |
Hours worked1013 |
- | - | - | - | - | - | - | 736 | 1,616 | - | 1,160 | 1,136 | - | - | - | |
| Document | ||||||||||||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 10-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 10-07-2026 | 2026-00277650 | |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00437526 | |
| 31-12-2023 | micro format | 13-09-2024 | 2024-00460761 | |
| 31-12-2022 | micro format | 14-07-2023 | 2023-00235451 | |
| 31-12-2021 | micro format | 03-06-2022 | 2022-20045456 | |
| 31-12-2020 | micro format | 28-07-2021 | 2021-40800426 | |
| 31-12-2019 | micro format | 05-11-2020 | 2020-68300589 | |
| 31-12-2018 | micro format | 16-09-2019 | 2019-64300070 | |
| 31-12-2017 | micro format | 12-03-2019 | 2019-06700190 | |
| 31-12-2016 | micro format | 29-08-2017 | 2017-50200152 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-53500540 | |
| 31-12-2014 | abbreviated format | 25-08-2015 | 2015-46300329 | |
| 31-12-2013 | abbreviated format | 28-08-2014 | 2014-49600114 | |
| 31-12-2012 | abbreviated format | 22-08-2013 | 2013-45100180 | |
| 31-12-2011 | abbreviated format | 21-08-2012 | 2012-43000466 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 37,109 | 37,298 | 4,022 | 27,650 | 14,101 | 1,544 | -166 | 3,613 | 6,915 | 27,429 | 31,234 | 8,722 | -11,851 | 353 | 7,743 | ||
| 28,716 | 32,773 | 1,474 | 24,979 | 12,153 | 1,003 | -1,118 | 2,929 | 4,394 | 18,718 | 25,340 | 8,446 | -13,197 | 297 | 7,752 | ||
| 18,562 | 0 | 2,000 | 68,500 | 4,554 | 4,100 | 12,739 | 8,000 | 0 | 5,354 | 13,018 | 3,420 | 0 | 5,523 | 11,540 | ||
| 36,572 | 34,453 | 2,232 | -14,718 | 17,809 | 1,012 | 2,385 | -4,633 | -9,319 | 15,125 | -11,153 | 13,329 | -6,609 | -3,952 | - | ||
| 75,280 | 74,140 | 48,863 | 11,417 | 24,239 | 18,110 | 15,980 | 24,577 | 25,296 | 24,206 | 7,538 | -4,784 | -9,811 | 3,386 | 8,612 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6.3% | ||
| 30.7% | 23.6% | 9.4% | 25.6% | 35.5% | 28.9% | 29.0% | 46.9% | 63.8% | 59.0% | 52.0% | 11.2% | -22.4% | 57.4% | 54.6% | ||
| 2.79 | 5.16 | 2.89 | 1.16 | 1.42 | 1.33 | 1.29 | 1.71 | 2.10 | 2.03 | 1.35 | 0.80 | 0.01 | 1.31 | 1.59 | ||
| 2.79 | 5.16 | 2.72 | 1.12 | 1.35 | 1.16 | 1.22 | 1.59 | 1.91 | 1.85 | 1.15 | 0.62 | 0.01 | 1.31 | 1.59 | ||
| 2.26 | 3.24 | 9.59 | 2.90 | 1.82 | 2.46 | 2.45 | 1.13 | 0.57 | 0.70 | 0.92 | 7.90 | - | 0.74 | 0.83 | ||
| 41.7% | 59.5% | -261.3% | 11.1% | 27.0% | -9.1% | -36.0% | -18.6% | 5.4% | 39.3% | 87.0% | 159.7% | - | -20.3% | 29.6% | ||
| 12.8% | 14.0% | -24.7% | 2.9% | 9.6% | -2.6% | -10.4% | -8.7% | 3.4% | 23.2% | 45.2% | 17.9% | -203.6% | -11.6% | 16.2% | ||
| 22.77 | 13.05 | 1.72 | 18.66 | 17.49 | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 43 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | 45 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €18,562 | - | €2,000 | €68,500 | €4,554 |
| €11,316 | €18,275 | €27,213 | €21,016 | €3,623 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on TCONSTRUCT
The operating result for 2025 is 36% higher than in 2024 and the highest since 2015. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 76.4% to 69.3%. Equity and debt are higher.