TE Construct
ActiveSummary
For TE Construct, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €18,600 and a net result of €58,506. Equity is shrinking by about 18% per year across the filed financial years. Its solvency ranks better than 21% of 34,169 sector peers (NACE 70, financial year 2023). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Business and other management consultancy
NACE 70200
1 site
Size
€89,996total assets 2023
- Equity
- €18,600
- Profit
- €58,506
Turnover not published (abbreviated or micro format)
Financial health
- Bankruptcy probabilitywithin 12 months
- 0.3%
2023 figures too old to score
Structure
Accounts 435 days overdue0 of 4 deeds read
Signalsraises riskFigures for financial year 2023 (filed 24-06-2024)Two or more financial years not filedlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Liquidity: current ratio 1.26, cash €22,426Legal form: limited partnershipneutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Strong
Solvency
46-5
equity 20.7% of total assets
Liquidity
38-4
short-term debt 79.3% · cash 24.9%
Profitability
100=
return on assets 65.0%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: < 0.1%
12-2024: < 0.1%● unchanged vs 11-2024
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025lowest value
03-2025: < 0.1%● unchanged vs 02-2025lowest value
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: 0.1%▲ +0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.2%▲ +0.1 percentage points vs 11-2025
01-2026: 0.3%▲ +0.1 percentage points vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026highest value
10-2026: 0.3%● unchanged vs 09-2026highest value
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Signals
Six signals.
−lowers risk+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline09-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 24-06-2024, 37 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
37 days early
2022
39 days early
2021
17 days early
2020
23 days early
2019
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 29 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2023 · micro…
- Annual accounts filedfinancial year 2022 · micro…
- Annual accounts filedfinancial year 2021 · micro…
Financials · financial year 2023, micro format
Equity
€18,600▼ 27.9%
2022 · €25,789
Total assets
€89,996▼ 8.4%
2022 · €98,214
Net result
€58,506▼ 8.8%
2022 · €64,134
Working capital
€18,524▼ 28.0%
2022 · €25,713
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result falls in 2023; 2023 is 6% below 2022.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€73,346
2023
Net result€58,506
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€89,996
2023
Equity€18,600
2023
Debt€71,396
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€18,524
2023
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)65.0%
2023
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency20.7%
2023
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.26
2023
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result€15,576-€15,929▲ 2.3%€16,186▲ 1.6%€62,516▲ 286%€77,656▲ 24.2%€73,346▼ 5.6%
Net result€10,152-€10,476▲ 3.2%€11,176within the sector's middle half▲ 6.7%€126,719above the sector's middle half▲ 1,034%€64,134above the sector's middle half▼ 49.4%€58,506within the sector's middle half▼ 8.8%
Equity€46,320-€56,796▲ 22.6%€67,972below the sector's middle half▲ 19.7%€25,891below the sector's middle half▼ 61.9%€25,789below the sector's middle half▼ 0.4%€18,600below the sector's middle half▼ 27.9%
Total assets€109,451-€102,988▼ 5.9%€110,920below the sector's middle half▲ 7.7%€207,755within the sector's middle half▲ 87.3%€98,214within the sector's middle half▼ 52.7%€89,996within the sector's middle half▼ 8.4%
Debt€63,131-€46,192▼ 26.8%€42,948▼ 7.0%€181,864▲ 323%€72,425▼ 60.2%€71,396▼ 1.4%
Working capital€15,883-€18,080▲ 13.8%€20,975within the sector's middle half▲ 16.0%€25,814within the sector's middle half▲ 23.1%€25,713within the sector's middle half▼ 0.4%€18,524within the sector's middle half▼ 28.0%
Solvency42.3%-55.1%▲ 12.8pp61.3%within the sector's middle half▲ 6.1pp12.5%below the sector's middle half▼ 48.8pp26.3%below the sector's middle half▲ 13.8pp20.7%below the sector's middle half▼ 5.6pp
Current ratio2.51-10.87▲ 8.364.05above the sector's middle half▼ 6.821.14within the sector's middle half▼ 2.911.36within the sector's middle half▲ 0.211.26within the sector's middle half▼ 0.10
Return on assets (ROA)9.3%-10.2%▲ 0.9pp10.1%within the sector's middle half▼ 0.1pp61.0%above the sector's middle half▲ 50.9pp65.3%above the sector's middle half▲ 4.3pp65.0%above the sector's middle half▼ 0.3pp
above
within
below
the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Why a figure moved sharply
- 2021 Net result +1,034% on 2020. The accounts now follow the micro format, last year the abbreviated format.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €89,996
Fixed assets
€76 =
Current assets
€89,919 ▼ 8.4%
Equity and liabilities €89,996
Equity
€18,600 ▼ 27.9%
Debt
€71,396 ▼ 1.4%
Debt's share of the balance-sheet total rises from 73.7% to 79.3%. Equity and debt are lower.
Key figures and ratios
Debt to equity
3.84▲
2022 · 2.81
ROE
314.6%▲
2022 · 248.7%
Debt ≤ 1 year
€71,396▼
2022 · €72,425
Income taxes
€15,436▼
2022 · €16,487
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €410 | €410 | €446 | ▲ 9.0% |
| Gross operating margin9900 | €15,985 | €16,338 | €16,595 | €62,926 | €78,066 | €73,792 | ▼ 5.5% |
| Operating profit (loss)9901 | €15,576 | €15,929 | €16,186 | €62,516 | €77,656 | €73,346 | ▼ 5.6% |
| Financial income75/76B | - | - | - | €78,655 | €3,067 | €982 | ▼ 68.0% |
| Recurring financial income75 | €0 | - | - | €78,655 | €3,067 | €982 | ▼ 68.0% |
| Financial charges65/66B | - | - | - | €40 | €103 | €386 | ▲ 273% |
| Recurring financial charges65 | €31 | €47 | €47 | €40 | €103 | €386 | ▲ 273% |
| Profit (loss) for the period before taxes9903 | €15,545 | €15,882 | €16,139 | €141,131 | €80,620 | €73,942 | ▼ 8.3% |
| Income taxes67/77 | €5,392 | €5,405 | €4,963 | €14,412 | €16,487 | €15,436 | ▼ 6.4% |
| Profit (loss) for the period9904 | €10,152 | €10,476 | €11,176 | €126,719 | €64,134 | €58,506 | ▼ 8.8% |
| Profit (loss) for the period to be appropriated9905 | €10,152 | €10,476 | €11,176 | €126,719 | €64,134 | €58,506 | ▼ 8.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €109,451 | €102,988 | €110,920 | €207,755 | €98,214 | €89,996 | ▼ 8.4% |
| Formation expenses20 | €0 | - | - | - | - | - | - |
| Fixed assets21/28 | €83,076 | €83,076 | €83,076 | €76 | €76 | €76 | = |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0 | - | - | - | - | - | - |
| Financial fixed assets28 | €83,076 | €83,076 | €83,076 | €76 | €76 | €76 | = |
| Current assets29/58 | €26,375 | €19,912 | €27,843 | €207,679 | €98,137 | €89,919 | ▼ 8.4% |
| Amounts receivable after more than one year29 | - | - | - | €157,460 | €54,600 | €52,800 | ▼ 3.3% |
| Other amounts receivable291 | - | - | - | €157,460 | €54,600 | €52,800 | ▼ 3.3% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €10,365 | €2,500 | €11,730 | €2,500 | €17,020 | €14,520 | ▼ 14.7% |
| Trade receivables40 | - | - | - | €0 | €14,520 | €14,520 | = |
| Other amounts receivable41 | - | - | - | €2,500 | €2,500 | €0 | ▼ 100% |
| Current investments50/53 | €0 | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €16,010 | €17,238 | €15,939 | €43,770 | €25,097 | €22,426 | ▼ 10.6% |
| Deferred charges and accrued income490/1 | - | - | - | €3,949 | €1,421 | €174 | ▼ 87.8% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €109,451 | €102,988 | €110,920 | €207,755 | €98,214 | €89,996 | ▼ 8.4% |
| Equity10/15 | €46,320 | €56,796 | €67,972 | €25,891 | €25,789 | €18,600 | ▼ 27.9% |
| Contributions10/11 | €12,400 | €12,400 | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €33,920 | €44,396 | €55,572 | €7,291 | €7,189 | €0 | ▼ 100% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | ▼ 100% |
| Distributable reserves133 | - | - | - | €5,431 | €5,329 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | €0 | - | - | €0 | €0 | €0 | - |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - | - |
| Amounts payable17/49 | €63,131 | €46,192 | €42,948 | €181,864 | €72,425 | €71,396 | ▼ 1.4% |
| Amounts payable after more than one year17 | €52,640 | €44,360 | €36,080 | €0 | - | - | - |
| Other amounts payable178/9 | - | - | - | €0 | - | - | - |
| Amounts payable within one year42/48 | €10,491 | €1,832 | €6,868 | €181,864 | €72,425 | €71,396 | ▼ 1.4% |
| Trade debts44 | €7,409 | €1,250 | €1,711 | €1,288 | €1,702 | €1,487 | ▼ 12.7% |
| Suppliers440/4 | - | - | - | €1,288 | €1,702 | €1,487 | ▼ 12.7% |
| Taxes, remuneration and social security45 | - | - | - | €5,577 | €4,113 | €2,821 | ▼ 31.4% |
| Taxes450/3 | - | - | - | €5,577 | €4,113 | €2,821 | ▼ 31.4% |
| Other amounts payable47/48 | - | - | - | €175,000 | €66,610 | €67,088 | ▲ 0.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,152 | €10,476 | €11,176 | €126,719 | €64,134 | €58,506 | ▼ 8.8% |
| + Depreciation and write-downs630 | €0 | - | - | - | - | - | - |
| Operating cash flow (approximation) | €10,152 | €10,476 | €11,176 | €126,719 | €64,134 | €58,506 | ▼ 8.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €83,000 | €0 | €0 | - |
| Change in cash | - | €1,228 | -€1,298 | €27,831 | -€18,673 | -€2,671 | ▲ 85.7% |
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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Of the 82,865 companies in this sector, figures are known for 54,242. 31,165 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: not fully processed yet. The notices from December 2016 to September 2026 are still being read.
Directors
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the directors and other office holders in the KBO →
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2024
24-06
NBB filing
Annual accounts filed
financial year 2023 · micro format
2023
22-06
NBB filing
Annual accounts filed
financial year 2022 · micro format
2022
14-07
NBB filing
Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial
Highest result from 2018 to 2023net €126,719 ▲1,034%
Net result €126,719, the highest in the series.
08-07
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format
2020
30-06
NBB filing
Annual accounts filed
financial year 2019 · abbreviated format
2019
31-12
Financial
Liquidity more than quadruplescurrent ratio 10.87
Current ratio from 2.51 to 10.87; short-term debt falls from €10,491 to €1,832.
24-07
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format
2018
09-07
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
2017
27-06
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
2016
01-08
NBB filing
Annual accounts filed
financial year 2015 · abbreviated format · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 4 deeds read
About the unread acts
We know of 4 Belgian Official 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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Register details
Identification
Legal formLimited partnership
Founded09-12-2014
Financial year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
63920Other information service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0506686626
Also
9925:BE0506686626
Registered
06-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 9 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Hamont-Achel · 1 establishment unit since 2014
Ground area
3,200 m²
Building footprint
168 m²
Building volume
619 m³
Parcel 72001A0163/00S000, Flanders · tallest building 10.2 m. Linked by address, not a title deed.
1 establishment unit
TE Construct
since 2014unit no. 2.238.338.346
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72001A0163/00S000 | Flanders | 3,200 m² | 1 · 168 m² | 10.2 m · 1 |
How the parcels are linked
Good to know
The parcel matches the address exactly.