TECTUM DSB
ActiveSummary
TECTUM DSB has been active since 1954 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.0m and a net result of -€72,758. Equity is shrinking by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 60% of 3557 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability24▼-42
Solvency73▼-1
Growth31▼-2
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110,000 at 30 days acceptable
Liquidity ample (current ratio 1.86 against 1.88 in 2023; short-term debt: 52% and cash: 22.7% of total assets), but 52.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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 2024Solvency, return and age of the figures
Solvency
47.5%
Return on assets
-1.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
38 d early
2023
33 d late
2022
27 d early
2021
12 d early
2020
19 d early
2019
52 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 4 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?FYB · 20 companies
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Financials · fiscal year 2024, full schema
In the rankings
#1 oldest company in Braine-le-Château, Construction sector#3 employer in Walloon Brabant, Specialised construction sector#3 company by total assets in Braine-le-Château, Construction sector
Turnover
€8.1m▼ 14.2%
2023 · €9.4m
EBIT margin
-0.2%▼ 4.7pp
2023 · 4.5%
Net result
-€72,758
2023 · €273,386
Working capital
€1.8m▲ 0.3%
2023 · €1.8m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202220232024
Turnover€10.0m▲ 9.6%€8.1m▼ 19.6%€7.2m-€9.4m▲ 31.6%€8.1m▼ 14.2%
Operating result€249,927▼ 43.5%€90,267▼ 63.9%-€9,620-€421,143-€17,668
Net result€154,012▼ 48.3%€20,447within the sector's middle half▼ 86.7%-€59,095below the sector's middle half-€273,386above the sector's middle half-€72,758below the sector's middle half
EBIT margin2.5%▼ 2.3pp1.1%▼ 1.4pp-0.1%-4.5%▲ 4.6pp-0.2%▼ 4.7pp
Equity€3.7m▲ 4.3%€3.7mabove the sector's middle half▲ 0.6%€2.0mabove the sector's middle half-€2.0mabove the sector's middle half▲ 1.7%€2.0mabove the sector's middle half▼ 3.6%
Total assets€5.7m▲ 10.0%€5.3mabove the sector's middle half▼ 7.0%€3.9mabove the sector's middle half-€4.2mabove the sector's middle half▲ 5.3%€4.1mabove the sector's middle half▼ 0.8%
Debt€2.0m▲ 22.5%€1.5m▼ 21.2%€1.9m-€2.1m▲ 9.0%€2.2m▲ 1.4%
Working capital€3.1m▼ 1.2%€3.1mabove the sector's middle half▲ 0.1%€1.5mabove the sector's middle half-€1.8mabove the sector's middle half▲ 19.5%€1.8mabove the sector's middle half▲ 0.3%
Solvency65.4%▼ 3.5pp70.7%above the sector's middle half▲ 5.3pp50.6%within the sector's middle half-48.9%within the sector's middle half▼ 1.7pp47.5%within the sector's middle half▼ 1.4pp
Current ratio2.61▼ 0.343.00above the sector's middle half▲ 0.391.81within the sector's middle half-1.88within the sector's middle half▲ 0.071.86within the sector's middle half▼ 0.01
Return on assets (ROA)2.7%▼ 3.1pp0.4%below the sector's middle half▼ 2.3pp-1.5%below the sector's middle half-6.6%within the sector's middle half▲ 8.1pp-1.8%below the sector's middle half▼ 8.4pp
Staff (FTE)70.7▲ 0.3%69.9above the sector's middle half▼ 1.1%63.5above the sector's middle half-58.8above the sector's middle half▼ 7.4%56.6above the sector's middle half▼ 3.7%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €17,668 after €421,143 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.1m
Fixed assets
€133,220 ▼ 37.8%
Current assets
€4.0m ▲ 1.2%
Equity and liabilities €4.1m
Equity
€2.0m ▼ 3.6%
Provisions
€10,000
Debt
€2.2m ▲ 1.4%
Debt's share of the balance-sheet total rises from 51.1% to 52.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€61,516▼
2023 · €558,776
Cash flow
€6,427▼
2023 · €411,019
Quick ratio
1.67▲
2023 · 1.58
Debt to equity
1.10▲
2023 · 1.05
ROE
-3.7%▼
2023 · 13.5%
Interest coverage
0.99▼
2023 · 33.56
Debt ≤ 1 year
€2.1m▲
2023 · €2.1m
Debt > 1 year
€9,914▼
2023 · €23,029
Income taxes
€5,000▼
2023 · €114,603
Staff costs
€3.1m▼
2023 · €3.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 823 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
2.9%
stopped otherwise
96%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,338 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 823 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
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €10.2m | €8.2m | €7.3m | €9.6m | - | - |
| Turnover70 | €10.0m | €8.1m | €7.2m | €9.4m | €8.1m | ▼ 14.2% |
| Other operating income74 | €157,198 | €103,427 | €93,449 | €121,304 | - | - |
| Non-recurring operating income76A | - | - | - | - | €11,080 | - |
| Operating charges60/66A | €9.9m | €8.1m | €7.3m | €9.1m | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €5.2m | - |
| Goods for resale, raw materials and consumables60 | €4.9m | €3.5m | €2.7m | €4.5m | - | - |
| Purchases600/8 | €4.8m | €3.5m | €2.8m | €4.2m | - | - |
| Change in stocks: decrease (increase)609 | €4,530 | -€35,341 | -€118,200 | €286,543 | - | - |
| Services and other goods61 | €1.5m | €1.1m | €1.1m | €1.3m | - | - |
| Remuneration, social security and pensions62 | €3.4m | €3.3m | €3.2m | €3.1m | €3.1m | ▼ 1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €132,419 | €130,061 | €141,816 | €137,633 | €79,185 | ▼ 42.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€6,774 | €130,135 | €136,456 | -€13,024 | -€13,327 | ▼ 2.3% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €10,000 | - |
| Other operating charges640/8 | €21,430 | €19,499 | €19,381 | €20,362 | €7,377 | ▼ 63.8% |
| Gross operating margin9900 | - | - | - | - | €3.2m | - |
| Operating profit (loss)9901 | €249,927 | €90,267 | -€9,620 | €421,143 | -€17,668 | ▼ 104% |
| Financial income75/76B | €26,724 | €6,412 | - | €11,696 | €11,992 | ▲ 2.5% |
| Recurring financial income75 | €26,724 | €6,412 | - | €11,696 | €11,992 | ▲ 2.5% |
| Income from financial fixed assets750 | €4,715 | €3,226 | - | - | - | - |
| Income from current assets751 | €22,009 | €3,186 | - | - | - | - |
| Other financial income752/9 | - | - | - | €11,696 | - | - |
| Financial charges65/66B | €36,733 | €40,180 | €51,472 | €44,850 | €62,082 | ▲ 38.4% |
| Recurring financial charges65 | €36,733 | €40,180 | €51,472 | €44,850 | €62,082 | ▲ 38.4% |
| Debt charges650 | €7,640 | €8,291 | €23,236 | €16,650 | - | - |
| Other financial charges652/9 | €29,093 | €31,889 | €28,236 | €28,200 | - | - |
| Profit (loss) for the period before taxes9903 | €239,918 | €56,499 | -€61,092 | €387,989 | -€67,758 | ▼ 117% |
| Income taxes67/77 | €85,906 | €36,052 | -€1,998 | €114,603 | €5,000 | ▼ 95.6% |
| Taxes670/3 | €91,167 | €36,052 | €20,186 | €114,603 | - | - |
| Tax adjustments and reversals of tax provisions77 | €5,261 | - | €22,183 | €0 | - | - |
| Profit (loss) for the period9904 | €154,012 | €20,447 | -€59,095 | €273,386 | -€72,758 | ▼ 127% |
| Profit (loss) for the period to be appropriated9905 | €154,012 | €20,447 | -€59,095 | €273,386 | -€72,758 | ▼ 127% |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.7m | €5.3m | €3.9m | €4.2m | €4.1m | ▼ 0.8% |
| Fixed assets21/28 | €669,905 | €641,569 | €493,409 | €214,110 | €133,220 | ▼ 37.8% |
| Intangible fixed assets21 | €146,118 | €105,684 | €36,604 | €1,535 | €977 | ▼ 36.4% |
| Tangible fixed assets22/27 | €521,004 | €533,102 | €455,398 | €211,707 | €131,075 | ▼ 38.1% |
| Land and buildings22 | €232,500 | €232,500 | €232,500 | €0 | - | - |
| Plant, machinery and equipment23 | €142,666 | €122,054 | €63,465 | €26,573 | €9,342 | ▼ 64.8% |
| Furniture and vehicles24 | €145,838 | €178,548 | €159,432 | €185,134 | €121,733 | ▼ 34.2% |
| Financial fixed assets28 | €2,783 | €2,783 | €1,408 | €868 | €1,168 | ▲ 34.6% |
| Other financial fixed assets284/8 | €2,783 | €2,783 | €1,408 | €868 | - | - |
| Amounts receivable and cash guarantees285/8 | €2,783 | €2,783 | €1,408 | €868 | - | - |
| Current assets29/58 | €5.0m | €4.6m | €3.4m | €3.9m | €4.0m | ▲ 1.2% |
| Stocks and contracts in progress3 | €759,651 | €794,992 | €930,221 | €625,746 | €407,434 | ▼ 34.9% |
| Stocks30/36 | €759,651 | €794,992 | €930,221 | €625,746 | €407,434 | ▼ 34.9% |
| Goods purchased for resale34 | €759,651 | €794,992 | €930,221 | €625,746 | - | - |
| Amounts receivable within one year40/41 | €3.6m | €3.5m | €2.3m | €3.0m | €2.6m | ▼ 14.4% |
| Trade receivables40 | €3.1m | €3.0m | €2.1m | €2.9m | €2.5m | ▼ 13.2% |
| Other amounts receivable41 | €512,040 | €484,573 | €208,112 | €161,859 | €104,761 | ▼ 35.3% |
| Cash at bank and in hand54/58 | €634,246 | €339,945 | €192,297 | €245,867 | €933,132 | ▲ 280% |
| Deferred charges and accrued income490/1 | €1,935 | €2,022 | €45,882 | €23,944 | €40,804 | ▲ 70.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.7m | €5.3m | €3.9m | €4.2m | €4.1m | ▼ 0.8% |
| Equity10/15 | €3.7m | €3.7m | €2.0m | €2.0m | €2.0m | ▼ 3.6% |
| Contributions10/11 | €149,000 | €149,000 | €149,000 | €133,862 | €133,862 | = |
| Capital10 | €149,000 | €149,000 | €149,000 | €133,862 | €133,862 | = |
| Issued capital100 | €149,000 | €149,000 | €149,000 | €133,862 | €133,862 | = |
| Reserves13 | €101,425 | €101,425 | €101,425 | €91,121 | €1.8m | ▲ 1,901% |
| Non-distributable reserves130/1 | - | €14,900 | €14,900 | €13,386 | €13,386 | = |
| Legal reserve130 | €14,900 | €14,900 | €14,900 | €13,386 | €13,386 | = |
| Distributable reserves133 | €86,525 | €86,525 | €86,525 | €77,735 | €1.8m | ▲ 2,228% |
| Profit (loss) carried forward14 | €3.4m | €3.5m | €1.7m | €1.8m | €0 | ▼ 100% |
| Provisions and deferred taxes16 | - | - | - | - | €10,000 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €10,000 | - |
| Other liabilities and charges164/5 | - | - | - | - | €10,000 | - |
| Amounts payable17/49 | €2.0m | €1.5m | €1.9m | €2.1m | €2.2m | ▲ 1.4% |
| Amounts payable after more than one year17 | - | - | €36,029 | €23,029 | €9,914 | ▼ 57.0% |
| Financial debts170/4 | - | - | €36,029 | €23,029 | €9,914 | ▼ 57.0% |
| Credit institutions173 | - | - | €36,029 | €23,029 | - | - |
| Amounts payable within one year42/48 | €1.9m | €1.5m | €1.9m | €2.1m | €2.1m | ▲ 2.0% |
| Current portion of amounts payable after more than one year42 | - | - | €12,884 | €12,999 | €13,116 | ▲ 0.9% |
| Financial debts43 | €109,131 | €74,338 | - | - | €338,605 | - |
| Credit institutions430/8 | €109,131 | €74,338 | - | - | €338,605 | - |
| Trade debts44 | €1.5m | €1.1m | €874,695 | €1.4m | €922,017 | ▼ 32.5% |
| Suppliers440/4 | €1.5m | €1.1m | €874,695 | €1.4m | €922,017 | ▼ 32.5% |
| Advances received on contracts in progress46 | €123,662 | €236,990 | €420,920 | €461,002 | €317,572 | ▼ 31.1% |
| Taxes, remuneration and social security45 | €192,623 | €143,346 | €141,577 | €237,010 | €236,675 | ▼ 0.1% |
| Taxes450/3 | €61,167 | - | €8,545 | €75,661 | €39,109 | ▼ 48.3% |
| Remuneration and social security454/9 | €131,456 | €143,346 | €133,032 | €161,349 | €197,566 | ▲ 22.4% |
| Other amounts payable47/48 | - | - | €459,967 | €22,591 | €313,033 | ▲ 1,286% |
| Accrued charges and deferred income492/3 | €45,435 | €427 | €363 | €0 | €1,093 | ▲ 10,927,300% |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €154,012 | €20,447 | -€59,095 | €273,386 | -€72,758 | ▼ 127% |
| + Depreciation and write-downs630 | €132,419 | €130,061 | €141,816 | €137,633 | €79,185 | ▼ 42.5% |
| Operating cash flow (approximation) | €286,431 | €150,508 | €82,721 | €411,019 | €6,427 | ▼ 98.4% |
| Investment in fixed assets (approximation) | - | -€101,725 | - | €141,666 | €1,706 | ▼ 98.8% |
| Change in cash | - | -€294,301 | - | €53,570 | €687,265 | ▲ 1,183% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet -€72,758
Net result drops to -€72,758, the lowest in the series.
02-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 33 days late
2023
31-12
Financial
Back to profitnet €273,386
Net result €273,386 after one loss-making year.
31-12
Financial
Equity above €2mEq €2.0m ▲1.7%
Equity rises from €2.0m to €2.0m.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 52 days late
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
23-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 41 acts read
About the unread acts
We know of 41 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
41 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, Braine-le-Château · 1 establishment unit since 2001
Ground area
3,316 m²
Building footprint
1,219 m²
Volume, LiDAR
6,601 m³
Parcel 25111A0686/00V000, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ASPHALIS SA
since 20012.036.354.058
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25111A0686/00V000 | Wallonia | 3,316 m² | 1 · 1,219 m² | 7.4 m · 2 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.
Structure & network
Part of the group
FYB
20 companies
Group, risk and exposure
Owners and holdings
1 ownerChain of control
- FYB
- TROISDORF
- Biesmans Group
- Tectum Group
- TECTUM DSB
Highest known parent: FYB. The sources do not say who stands above it.
Owners 1
- Tectum Groupparent100%
Stated earlier (1)
An older source named these owners; newer accounts no longer list them.
- Sourceown accounts 2022100%
Holdings 0
The accounts to 31-12-2022 list no holdings, and no other source names one.
According to the 2022 annual accounts of TECTUM DSB and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Recognised contractor
17 categoriesTECTUM DSB NV16341
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Of 369 companies in sector 43421 we hold annual accounts for 205. 51 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded27-01-1954
Fiscal year end31-12
Abbreviation
DSB
Activities, NACEBEL 2025
43421Specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0400456085
Registered
08-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
General meetings
2 convocationsOrdinary general meeting
Agenda
1. Rapport de gestion et du commissaire-réviseur. 2. Approbation des comptes annuels. 3. Affecta- tion des résultats. 4. Décharge aux administrateurs et au commissaire-réviseur. 5. Divers.
Ordinary general meeting
Agenda
1. Rapport de gestion et du commissaire- réviseur. 2. Approbation de comptes annuels. 3. Affectation des résul- tats. 4. Décharge au administrateurs et au commissaire-réviseur. 5. Divers.