TEK CONSTRUCT
ActiveSummary
TEK CONSTRUCT has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €441k and a net result of €13k. Equity is growing by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 27% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability36▼-3
Solvency50▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.27 in 2024; short-term debt: 71.7% and cash: 0.1% of total assets), and 74.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.2%
Return on assets
0.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
25 d late
2024
28 d late
2023
56 d late
2022
31 d late
2021
78 d late
2020
143 d late
2019
87 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€13k▼ 8.9%
2024 · €14k
Working capital
€428k▼ 2.1%
2024 · €438k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€43k▼ 68.7%€79k▲ 85.9%€95k▲ 19.8%€47k▼ 50.9%€50k▲ 7.5%
Net result€20k▼ 77.1%€42k▲ 110%€57k▲ 37.2%€14k▼ 75.7%€13k▼ 8.9%
Equity€316k▲ 6.7%€357k▲ 13.2%€415k▲ 16.0%€429k▲ 3.4%€441k▲ 3.0%
Total assets€694k▼ 29.0%€939k▲ 35.3%€1.51M▲ 60.2%€2.06M▲ 36.7%€1.75M▼ 14.8%
Debt€379k▼ 44.5%€582k▲ 53.7%€1.09M▲ 87.4%€1.63M▲ 49.4%€1.29M▼ 20.8%
Working capital€296k▲ 22.2%€341k▲ 15.1%€412k▲ 20.9%€438k▲ 6.1%€428k▼ 2.1%
Staff (FTE)7.7▲ 11.6%7.5▼ 2.6%6.7▼ 10.7%6.2▼ 7.5%5.6▼ 9.7%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 7% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.75M
Fixed assets
€68k ▲ 570%
Current assets
€1.68M ▼ 17.8%
Equity and liabilities €1.75M
Equity
€441k ▲ 3.0%
Provisions
€20k
Debt
€1.29M ▼ 20.8%
Debt's share of the balance-sheet total falls from 79.2% to 73.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€55k▲
2024 · €55k
Cash flow
€18k▼
2024 · €22k
Current ratio
1.34▲
2024 · 1.27
Quick ratio
1.26▼
2024 · 1.27
Debt to equity
2.93▼
2024 · 3.80
ROE
2.9%▼
2024 · 3.3%
ROA
0.7%▲
2024 · 0.7%
Interest coverage
1.93▼
2024 · 2.38
Debt ≤ 1 year
€1.26M▼
2024 · €1.61M
Income taxes
€10k▼
2024 · €22k
Staff costs
€257k▼
2024 · €311k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €339k | €281k | €312k | €311k | €257k | ▼ 17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €9k | €9k | €8k | €5k | ▼ 41.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €17k | €-2k | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €20k | - |
| Other operating charges640/8 | €12k | €5k | €8k | €15k | €2k | ▼ 87.9% |
| Non-recurring operating charges66A | €54k | - | - | €23k | - | - |
| Gross operating margin9900 | €454k | €374k | €442k | €402k | €334k | ▼ 16.8% |
| Operating profit (loss)9901 | €43k | €79k | €95k | €47k | €50k | ▲ 7.5% |
| Financial income75/76B | €8k | €934 | €10 | €12k | €1k | ▼ 90.6% |
| Recurring financial income75 | €8k | €934 | €10 | €12k | €1k | ▼ 90.6% |
| Financial charges65/66B | €21k | €19k | €10k | €23k | €28k | ▲ 23.8% |
| Recurring financial charges65 | €21k | €19k | €10k | €23k | €28k | ▲ 23.8% |
| Profit (loss) for the period before taxes9903 | €30k | €61k | €85k | €36k | €23k | ▼ 36.9% |
| Income taxes67/77 | €10k | €19k | €28k | €22k | €10k | ▼ 54.5% |
| Profit (loss) for the period9904 | €20k | €42k | €57k | €14k | €13k | ▼ 8.9% |
| Profit (loss) for the period to be appropriated9905 | €20k | €42k | €57k | €14k | €13k | ▼ 8.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €694k | €939k | €1.51M | €2.06M | €1.75M | ▼ 14.8% |
| Fixed assets21/28 | €23k | €18k | €12k | €10k | €68k | ▲ 570% |
| Tangible fixed assets22/27 | €23k | €18k | €12k | €10k | €9k | ▼ 8.2% |
| Plant, machinery and equipment23 | €6k | €6k | €5k | €7k | €5k | ▼ 29.7% |
| Furniture and vehicles24 | €13k | €9k | €4k | €1k | €3k | ▲ 102% |
| Other tangible fixed assets26 | €3k | €3k | €2k | €2k | €2k | ▼ 14.4% |
| Financial fixed assets28 | €125 | - | - | - | €59k | - |
| Current assets29/58 | €672k | €922k | €1.49M | €2.05M | €1.68M | ▼ 17.8% |
| Stocks and contracts in progress3 | - | - | - | - | €95k | - |
| Stocks30/36 | - | - | - | - | €95k | - |
| Amounts receivable within one year40/41 | €665k | €843k | €1.49M | €2.02M | €1.58M | ▼ 21.8% |
| Trade receivables40 | €528k | €768k | €1.42M | €1.88M | €1.30M | ▼ 30.9% |
| Other amounts receivable41 | €138k | €75k | €62k | €144k | €282k | ▲ 96.4% |
| Current investments50/53 | - | - | - | - | €1k | - |
| Cash at bank and in hand54/58 | €40 | €76k | €3k | €3k | €2k | ▼ 38.6% |
| Deferred charges and accrued income490/1 | €6k | €2k | €3k | €25k | €7k | ▼ 72.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €694k | €939k | €1.51M | €2.06M | €1.75M | ▼ 14.8% |
| Equity10/15 | €316k | €357k | €415k | €429k | €441k | ▲ 3.0% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €295k | €337k | €394k | €408k | €421k | ▲ 3.1% |
| Provisions and deferred taxes16 | - | - | - | - | €20k | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €20k | - |
| Other liabilities and charges164/5 | - | - | - | - | €20k | - |
| Amounts payable17/49 | €379k | €582k | €1.09M | €1.63M | €1.29M | ▼ 20.8% |
| Amounts payable within one year42/48 | €375k | €581k | €1.08M | €1.61M | €1.26M | ▼ 22.0% |
| Financial debts43 | €102k | €15k | €67k | €123k | €89k | ▼ 27.5% |
| Credit institutions430/8 | €102k | €15k | €67k | €123k | €89k | ▼ 27.5% |
| Trade debts44 | €171k | €347k | €747k | €1.22M | €505k | ▼ 58.7% |
| Suppliers440/4 | €171k | €347k | €747k | €1.22M | €505k | ▼ 58.7% |
| Taxes, remuneration and social security45 | €98k | €42k | €100k | €79k | €34k | ▼ 56.9% |
| Taxes450/3 | €41k | €21k | €53k | €33k | €1k | ▼ 95.6% |
| Remuneration and social security454/9 | €57k | €21k | €47k | €46k | €32k | ▼ 29.1% |
| Other amounts payable47/48 | €4k | €176k | €167k | €188k | €628k | ▲ 234% |
| Accrued charges and deferred income492/3 | €4k | €2k | €10k | €19k | €35k | ▲ 83.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20k | €42k | €57k | €14k | €13k | ▼ 8.9% |
| + Depreciation and write-downs630 | €6k | €9k | €9k | €8k | €5k | ▼ 41.7% |
| Operating cash flow (approximation) | €26k | €51k | €67k | €22k | €18k | ▼ 21.1% |
| Investment in fixed assets (approximation) | - | €-4k | €-4k | €-7k | €-63k | ▼ 864% |
| Change in cash | - | €76k | €-73k | €-557 | €-1k | ▼ 94.6% |
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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 56 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 78 days late
2021
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 143 days late
2020
31-12
Financial
Highest result since 2018net €87k ▲75.9%
Operating result €136k, net result €87k, both a record.
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 87 days late
2019
31-12
Financial
Equity above €200kEq €219k ▲18.1%
2 profitable years in a row build equity to €219k.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 61 days late
2018
07-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 38 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Liège · 1 establishment unit since 2006
Ground area
9,197 m²
Building footprint
2,105 m²
Volume, LiDAR
1,889 m³
2 parcels, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
TEK CONSTRUCT
since 20062.156.314.849
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62087B0166/00K002 | Wallonia | 8,504 m² | 1 · 1,894 m² | - |
| 62087B0165/00Z003 | Wallonia | 693 m² | 1 · 211 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,414. 4,779 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
Founded14-09-2006
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
43350Other building finishing work
Contact
Phone
0486/150701Liège
Scores and ratios are computed by Checked and are not a credit decision.