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TD Constructel

Active
Private limited companyfounded 20242 yrs activeKBO/BCE: BE 1006.272.456
Summary

The computed 12-month bankruptcy probability of TD Constructel is 3.4% (moderate). The 2024 annual accounts show equity of €2,623 and a net result of -€377. Its solvency ranks better than 14% of 9975 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability68
Solvency29
Growth-
Track record67
Bankruptcy probability, 12 months
3.4% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
3.9%
Return on assets
-0.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 9975 sector peers (2024).
NBB · sector comparison
Position among 9975 sector peers
Solvency
better than 14%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
29 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 29 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

TD Constructel was incorporated on 21 February 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€2,623
Total assets
€66,456
Net result
-€377
Working capital
-€5,588

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €66,456
Fixed assets €24,553
Current assets €41,903
Equity and liabilities €66,456
Equity €2,623
Debt €63,833
Debt finances 96.1% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€6,149
Cash flow
€5,181
Current ratio
0.88
Debt to equity
24.34
ROE
-14.4%
ROA
-0.6%
Interest coverage
7.36
Debt ≤ 1 year
€47,491
Debt > 1 year
€16,342
Income taxes
€132
Staff costs
€35,342

Peer companies

Historical observation

Of the 1,303 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a small loss
5.2% went bankrupt
1.5% stopped otherwise
92% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,303 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 40 lines
Balance sheet Code2024
Assets
Total assets20/58€66,456
Fixed assets21/28€24,553
Tangible fixed assets22/27€24,553
Plant, machinery and equipment23€4,615
Furniture and vehicles24€19,938
Current assets29/58€41,903
Amounts receivable within one year40/41€27,687
Trade receivables40€16,583
Other amounts receivable41€11,104
Cash at bank and in hand54/58€13,798
Deferred charges and accrued income490/1€417
Equity and liabilities
Total equity and liabilities10/49€66,456
Equity10/15€2,623
Contributions10/11€3,000
Profit (loss) carried forward14-€377
Amounts payable17/49€63,833
Amounts payable after more than one year17€16,342
Financial debts170/4€16,342
Amounts payable within one year42/48€47,491
Current portion of amounts payable after more than one year42€4,037
Trade debts44€26,329
Suppliers440/4€26,329
Taxes, remuneration and social security45€7,413
Taxes450/3€132
Remuneration and social security454/9€7,280
Other amounts payable47/48€9,712
Income statement Code2024
Remuneration, social security and pensions62€35,342
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,558
Other operating charges640/8€162
Gross operating margin9900€41,652
Operating profit (loss)9901€590
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€835
Recurring financial charges65€835
Profit (loss) for the period before taxes9903-€245
Income taxes67/77€132
Profit (loss) for the period9904-€377
Profit (loss) for the period to be appropriated9905-€377
Appropriation of the result
Profit (loss) to be appropriated9906-€377

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€35,342
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,558
Other operating charges640/8€162
Gross operating margin9900€41,652
Operating profit (loss)9901€590
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€835
Recurring financial charges65€835
Profit (loss) for the period before taxes9903-€245
Income taxes67/77€132
Profit (loss) for the period9904-€377
Profit (loss) for the period to be appropriated9905-€377
Line2024
Assets
Total assets20/58€66,456
Fixed assets21/28€24,553
Tangible fixed assets22/27€24,553
Plant, machinery and equipment23€4,615
Furniture and vehicles24€19,938
Current assets29/58€41,903
Amounts receivable within one year40/41€27,687
Trade receivables40€16,583
Other amounts receivable41€11,104
Cash at bank and in hand54/58€13,798
Deferred charges and accrued income490/1€417
Equity and liabilities
Total equity and liabilities10/49€66,456
Equity10/15€2,623
Contributions10/11€3,000
Profit (loss) carried forward14-€377
Amounts payable17/49€63,833
Amounts payable after more than one year17€16,342
Financial debts170/4€16,342
Amounts payable within one year42/48€47,491
Current portion of amounts payable after more than one year42€4,037
Trade debts44€26,329
Suppliers440/4€26,329
Taxes, remuneration and social security45€7,413
Taxes450/3€132
Remuneration and social security454/9€7,280
Other amounts payable47/48€9,712
Line2024
Profit (loss) for the period9904-€377
+ Depreciation and write-downs630€5,558
Operating cash flow (approximation)€5,181

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
02-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Wezembeek-Oppem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
520 m²
Building footprint
325 m²
Volume, LiDAR
2,867 m³
Parcel 22006A0114/00P000, Flanders · tallest building 14.8 m, ±3 floors. Linked by address, not a title deed.
602 companies at this address See who is registered here
1 establishment unit
TD Constructel
General construction of buildings
since 20242.357.027.447
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22006A0114/00P000 Flanders 520 m² 1 · 325 m² 14.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Recognised contractor

3 categories
TD Constructel BV44427
category C3, class 1 · category C6, class 1 · category C7, class 1
decision 03-12-2024

Similar companies · same sector, comparable size

Of 29,785 companies in sector 41001 we hold annual accounts for 16,058. 4,177 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded21-02-2024
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43211General electrical installation work
41003General construction of other non-residential buildings
42110Construction of roads and motorways
43130Specialised construction activities
43990Other specialised construction activities
46130Agents in the wholesale of timber and building materials
Contact
E-mail info@tdconstructel.com
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.