TD CONSTRUCTS
ActiveSummary
The computed 12-month bankruptcy probability of TD CONSTRUCTS is 4.4% (elevated). The 2025 annual accounts show equity of €17,725 and a net result of €12,725. Its solvency ranks better than 66% of 9,320 sector peers (NACE 41, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €17,725
- Profit
- €12,725
Why 40raises riskFounded in 20231 change of registered office in 24 monthsSize: turnover €438,298, total assets €30,355Sector: Construction of residential and non-residential buildings (NACE 41)Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 67% on solvency, 61% on liquidity and 59% on profitability.
The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (1)
- Registered officeRegistered-office move
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: CHISILITA Constantin (director) ·…
Financials · financial year 2025, micro format
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 4.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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.
| Line | 2025 |
|---|---|
| Turnover70 | €438,298 |
| Goods, raw materials, services and sundry goods60/61 | €420,745 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €816 |
| Other operating charges640/8 | €213 |
| Gross operating margin9900 | €17,553 |
| Operating profit (loss)9901 | €16,523 |
| Financial charges65/66B | €600 |
| Recurring financial charges65 | €600 |
| Profit (loss) for the period before taxes9903 | €15,923 |
| Income taxes67/77 | €3,199 |
| Profit (loss) for the period9904 | €12,725 |
| Profit (loss) for the period to be appropriated9905 | €12,725 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €30,355 | |
| Fixed assets21/28 | €3,265 | |
| Tangible fixed assets22/27 | €3,265 | |
| Plant, machinery and equipment23 | €2,194 | |
| Furniture and vehicles24 | €1,071 | |
| Current assets29/58 | €27,089 | |
| Amounts receivable within one year40/41 | €20,732 | |
| Trade receivables40 | €19,020 | |
| Other amounts receivable41 | €1,712 | |
| Cash at bank and in hand54/58 | €6,358 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €30,355 | |
| Equity10/15 | €17,725 | |
| Contributions10/11 | €5,000 | |
| Profit (loss) carried forward14 | €12,725 | |
| Amounts payable17/49 | €12,630 | |
| Amounts payable within one year42/48 | €12,630 | |
| Trade debts44 | €3,315 | |
| Suppliers440/4 | €3,315 | |
| Taxes, remuneration and social security45 | €9,315 | |
| Taxes450/3 | €3,199 | |
| Remuneration and social security454/9 | €6,116 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €12,725 |
| + Depreciation and write-downs630 | €816 |
| Operating cash flow (approximation) | €13,541 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2025 | micro format | 24-09-2025 | 2025-00505694 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| CHISILITA Constantin |
|
Owners and capital
Capital and shareholders
- CHISILITA Constantin 100 shares (100%) · €5,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 27-11-2023 Incorporation · €5,000 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
16-12
Gazette deed
Registered officeRegistered-office move3 facts ▸
- General meeting, 01-09-2025
- Registered-office move, AV.VICTOR ROUSSEAU 133/001D,1190 FOREST
- Other provision, “publication number”, 25158141 (deed in French)
27-11
Gazette deed
IncorporationAppointment: CHISILITA Constantin (director) · Founder · Founding capital8 facts ▸
- Director appointment, CHISILITA Constantin (director (not named in the articles))
- Other provision, “début des activités, acquisition personnalité juridique soit dépôt au greffe expédition acte constitutif conformément loi” (deed in French)
- Incorporation, 21-11-2023
- Founder, CHISILITA Constantin (comparant)
- Founding capital, €5,000
- Bank account, 5000, EUR
- Other provision, “attestation de dépôt”, 5000 (deed in French)
- Capital
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1002.593.483
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21382C0227/00F028 | Brussels | 438 m² | 1 · 210 m² | 17.5 m · 5 |
| 21363B0428/00W006 | Brussels | 86 m² | 1 · 86 m² | 16.6 m · 5 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- TD CONSTRUCTS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, 1040 Etterbeek,rue du Grand Duc 38” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d'administration, avec ou sans limitation de durée” (deed in French)“1” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant,moitié acquéreurs au prorata si plusieurs, toutes cessions entre vifs onéreux ou gratuit,volontaires ou forcées,exclusion et…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Wednesday of September at 19:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Quelque cause et quelque moment, administrateurs en fonction” (deed in French)