Tegel Construct
Open bankruptcyA bankruptcy procedure is open for Tegel Construct according to publications in the Belgian State Gazette; curator: KATHLEEN VELKENEERS.
Summary
The 2024 annual accounts show equity of €66,138 and a net result of €2,715.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Antwerp, Hasselt division
- Declared bankrupt
- 13 November 2025
- Official Gazette
- 21-11-2025 (pdf) ↗search the document for 2025/148058
Deadlines
- Provisional date payments stopped
- 13 November 2025A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 6 December 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 13 December 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 25 December 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 13 November 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Kathleen VelkeneersKasteelstraat 23B, 3840 Tongeren-Borgloonleen@advvelkeneers.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
Embed in an article
Writing about this bankruptcy? Put the card of Tegel Construct in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.
Preview
The preview appears here.
- Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
- Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
- Where scripts do not run (a newsletter, a feed reader) a plain link remains.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Retail sale of cars and light vans (up to 3.5 tonnes) sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
€139,109▲ 368%
2021 · €29,750
EBIT margin
20.7%▼ 4.6pp
2021 · 25.3%
Net result
€2,715▼ 88.6%
2023 · €23,739
Working capital
€45,452▲ 26.8%
2023 · €35,842
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line20202021202220232024
Turnover€29,750€139,109▲ 368%
Operating result€2,478-€7,538▲ 204%€28,791▲ 282%€32,068▲ 11.4%€5,318▼ 83.4%
Net result€2,478within the sector's middle half-€7,477within the sector's middle half▲ 202%€28,428above the sector's middle half▲ 280%€23,739above the sector's middle half▼ 16.5%€2,715within the sector's middle half▼ 88.6%
EBIT margin25.3%20.7%▼ 4.6pp
Equity€3,778below the sector's middle half-€11,255within the sector's middle half▲ 198%€39,683within the sector's middle half▲ 253%€63,422within the sector's middle half▲ 59.8%€66,138within the sector's middle half▲ 4.3%
Total assets€4,078below the sector's middle half-€16,347below the sector's middle half▲ 301%€40,161below the sector's middle half▲ 146%€106,775within the sector's middle half▲ 166%€78,619within the sector's middle half▼ 26.4%
Debt€300-€5,092▲ 1,597%€478▼ 90.6%€43,352▲ 8,971%€12,481▼ 71.2%
Working capital€3,778within the sector's middle half-€3,218within the sector's middle half▼ 14.8%€8,084within the sector's middle half▲ 151%€35,842within the sector's middle half▲ 343%€45,452within the sector's middle half▲ 26.8%
Solvency68.9%above the sector's middle half98.8%above the sector's middle half▲ 30.0pp59.4%within the sector's middle half▼ 39.4pp84.1%above the sector's middle half▲ 24.7pp
Current ratio1.63within the sector's middle half17.91above the sector's middle half▲ 16.281.83within the sector's middle half▼ 16.094.64above the sector's middle half▲ 2.81
Return on assets (ROA)45.7%above the sector's middle half70.8%above the sector's middle half▲ 25.0pp22.2%above the sector's middle half▼ 48.6pp3.5%within the sector's middle half▼ 18.8pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 83% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €78,619
Fixed assets
€20,685 ▼ 25.0%
Current assets
€57,933 ▼ 26.8%
Equity and liabilities €78,619
Equity
€66,138 ▲ 4.3%
Debt
€12,481 ▼ 71.2%
Debt's share of the balance-sheet total falls from 40.6% to 15.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12,214▼
2023 · €36,087
Cash flow
€9,610▼
2023 · €27,758
Debt to equity
0.19▼
2023 · 0.68
ROE
4.1%▼
2023 · 37.4%
Interest coverage
11.25▼
2023 · 44.48
Debt ≤ 1 year
€12,481▼
2023 · €43,352
Income taxes
€1,517▼
2023 · €7,519
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €29,750 | €139,109 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €33,746 | €99,092 | - | - | - |
| Remuneration, social security and pensions62 | - | - | €5,477 | €16,455 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €4,019 | €4,019 | €4,019 | €6,895 | ▲ 71.6% |
| Other operating charges640/8 | - | €2,150 | €1,730 | €1,837 | €1,968 | ▲ 7.2% |
| Gross operating margin9900 | €2,478 | €13,706 | €40,017 | €54,378 | €14,182 | ▼ 73.9% |
| Operating profit (loss)9901 | €2,478 | €7,538 | €28,791 | €32,068 | €5,318 | ▼ 83.4% |
| Financial income75/76B | - | - | €0 | €2 | - | - |
| Recurring financial income75 | €26 | - | €0 | €2 | - | - |
| Financial charges65/66B | - | €61 | €363 | €811 | €1,086 | ▲ 33.8% |
| Recurring financial charges65 | €26 | €61 | €363 | €811 | €1,086 | ▲ 33.8% |
| Profit (loss) for the period before taxes9903 | €2,478 | €7,477 | €28,428 | €31,259 | €4,233 | ▼ 86.5% |
| Income taxes67/77 | - | - | - | €7,519 | €1,517 | ▼ 79.8% |
| Profit (loss) for the period9904 | €2,478 | €7,477 | €28,428 | €23,739 | €2,715 | ▼ 88.6% |
| Profit (loss) for the period to be appropriated9905 | €2,478 | €7,477 | €28,428 | €23,739 | €2,715 | ▼ 88.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4,078 | €16,347 | €40,161 | €106,775 | €78,619 | ▼ 26.4% |
| Fixed assets21/28 | - | €8,037 | €31,599 | €27,581 | €20,685 | ▼ 25.0% |
| Tangible fixed assets22/27 | - | €8,037 | €31,599 | €27,581 | €20,685 | ▼ 25.0% |
| Plant, machinery and equipment23 | - | €2,418 | €1,209 | - | - | - |
| Furniture and vehicles24 | - | €5,619 | €30,390 | €27,581 | €20,685 | ▼ 25.0% |
| Current assets29/58 | €4,078 | €8,310 | €8,562 | €79,194 | €57,933 | ▼ 26.8% |
| Amounts receivable within one year40/41 | €4,000 | €6,440 | €3,843 | €78,665 | €55,532 | ▼ 29.4% |
| Trade receivables40 | - | €1,900 | - | €78,665 | €54,810 | ▼ 30.3% |
| Other amounts receivable41 | - | €4,540 | €3,843 | - | €722 | - |
| Cash at bank and in hand54/58 | €78 | €1,870 | €4,719 | €529 | €2,401 | ▲ 354% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4,078 | €16,347 | €40,161 | €106,775 | €78,619 | ▼ 26.4% |
| Equity10/15 | €3,778 | €11,255 | €39,683 | €63,422 | €66,138 | ▲ 4.3% |
| Contributions10/11 | - | €1,300 | €1,300 | €1,300 | €1,300 | = |
| Profit (loss) carried forward14 | €2,478 | €9,955 | €38,383 | €62,122 | €64,838 | ▲ 4.4% |
| Amounts payable17/49 | €300 | €5,092 | €478 | €43,352 | €12,481 | ▼ 71.2% |
| Amounts payable within one year42/48 | €300 | €5,092 | €478 | €43,352 | €12,481 | ▼ 71.2% |
| Trade debts44 | - | €4,792 | €478 | €23,992 | €2,133 | ▼ 91.1% |
| Suppliers440/4 | - | €4,792 | €478 | €23,992 | €2,133 | ▼ 91.1% |
| Taxes, remuneration and social security45 | - | - | - | €17,913 | €9,037 | ▼ 49.6% |
| Taxes450/3 | - | - | - | €9,001 | €9,037 | ▲ 0.4% |
| Remuneration and social security454/9 | - | - | - | €8,912 | - | - |
| Other amounts payable47/48 | - | €300 | - | €1,447 | €1,311 | ▼ 9.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,478 | €7,477 | €28,428 | €23,739 | €2,715 | ▼ 88.6% |
| + Depreciation and write-downs630 | - | €4,019 | €4,019 | €4,019 | €6,895 | ▲ 71.6% |
| Operating cash flow (approximation) | €2,478 | €11,496 | €32,446 | €27,758 | €9,610 | ▼ 65.4% |
| Investment in fixed assets (approximation) | - | - | -€27,581 | €0 | €0 | - |
| Change in cash | - | €1,792 | €2,849 | -€4,190 | €1,873 | ▲ 145% |
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
2026
14-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 167 days late
2025
21-11
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 13-11-2025
2024
31-12
Financial
Liquidity triplescurrent ratio 4.64
Current ratio from 1.83 to 4.64; short-term debt falls from €43,352 to €12,481.
08-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 100 days late
2023
06-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
27-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 211 days late
2022
31-12
Financial
Highest result since 2020net €28,428 ▲280%
Net result €28,428, the highest in the series.
31-12
Financial
Liquidity times 11current ratio 17.91
Current ratio from 1.63 to 17.91; short-term debt falls from €5,092 to €478.
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Beringen · 1 establishment unit since 2020
Ground area
367 m²
Building footprint
90 m²
Volume, LiDAR
571 m³
Parcel 71522C0005/00L015, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tegel Construct
since 20202.305.670.796
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71522C0005/00L015 | Flanders | 367 m² | 1 · 90 m² | 9.7 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | KATHLEEN VELKENEERS KASTEELSTRAAT 23B,
3840 TONGEREN-BORGLOON |
13-11-2025 → present |
Similar companies · same sector, comparable size
M97
BE 0719.830.169
Koekelberg · Eq €66,157
FEFE Cars
BE 1000.465.027
Tienen · Eq €66,092
DM CARS
BE 0839.698.217
Holsbeek · Eq €66,083
CARSARE
BE 0736.573.656
Etterbeek · Eq €66,081
MEHREGAN
BE 0458.565.718
Elsene · Eq €66,041
Of 10,663 companies in sector 47811 we hold annual accounts for 5,225. 3,462 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
Founded03-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
43331Floor and wall tiling
43333Wallpapering and laying of floor and wall coverings in other materials
43910Bricklaying and masonry work
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
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.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.