TEODOR CONSTRUCT

Active

Private limited companyfounded 20233 yrs activeMutsaardplein 2, 1853 Grimbergen, BelgiumKBO/BCE: BE 0797.296.250

Summary

The computed 12-month bankruptcy probability of TEODOR CONSTRUCT is ≥ 25% (high). The 2024 annual accounts show equity of €123,455 and a net result of €77,316. Its solvency ranks better than 63% of 9989 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Risk analysisWatch Report Compare

TEODOR CONSTRUCTActiveChecked score 15/100

Risk analysis Report Compare

Activity

General construction of residential buildings

NACE 41001General construction of buildings NACE 41201

1 site

Size

€225,302total assets 2024

Equity: €123,455
Profit: €77,316

Turnover not published (abridged schema)

Financial health

15 Critical Checked score 2024

Bankruptcy chance 12 m: ≥ 25%

Structure

Accounts 66 d overdue0 of 2 deeds read

Why 15- 1 financial year not filed after the legal deadline; latest accounts 250 days late; 2 of the last 3 late- 1 change of registered office in 24 months- Ex-officio strike-off in the KBO- Size: total assets €225,302Show the evidence

Checked score

Score 2024

15 / 100

Critical

Probability in this band: over 15.0%

Better than 68% of its sector peers (NACE 41, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2023

Strong

Solvency 80-15

equity 54.8% of total assets

Liquidity 28-16

short-term debt 45.2% · cash 0.2%

Profitability 100=

return on assets 34.3%

Bankruptcy probability, 12 months

≥ 25% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 4 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,373 companies)

Last 24 months 11-2024: 8.7%lowest value 12-2024: 9.3%▲ +6.9% vs 11-2024 01-2025: 14.5%▲ +55.4% vs 12-2024 02-2025: 14.5%● 0.0% vs 01-2025 03-2025: 14.5%● 0.0% vs 02-2025 04-2025: 14.5%● 0.0% vs 03-2025 05-2025: 14.5%● 0.0% vs 04-2025 06-2025: 19.8%▲ +36.6% vs 05-2025 07-2025: 19.9%▲ +0.3% vs 06-2025 08-2025: 20.5%▲ +3.2% vs 07-2025 09-2025: 20.8%▲ +1.3% vs 08-2025 10-2025: 25.0%▲ +20.3% vs 09-2025 11-2025: 23.9%▼ -4.4% vs 10-2025 12-2025: 24.6%▲ +3.2% vs 11-2025 01-2026: ≥ 25%▲ +14.4% vs 12-2025 02-2026: ≥ 25%● 0.0% vs 01-2026 03-2026: ≥ 25%▲ +0.7% vs 02-2026highest value 04-2026: ≥ 25%▼ -4.9% vs 03-2026 05-2026: 24.7%▼ -8.4% vs 04-2026 06-2026: 24.6%▼ -0.7% vs 05-2026 07-2026: 24.3%▼ -0.9% vs 06-2026 08-2026: 24.2%▼ -0.6% vs 07-2026 09-2026: 23.7%▼ -2.0% vs 08-2026 10-2026: ≥ 25%▲ +18.5% vs 09-2026

1 financial year not filed after the legal deadline; latest accounts 250 days late; 2 of the last 3 late raises the probability
1 change of registered office in 24 months raises the probability
Ex-officio strike-off in the KBO raises the probability
Size: total assets €225,302 raises the probability for this profile

No credit on open account

Liquidity ample (current ratio 2.21 against 3.37 in 2023; short-term debt: 45.2% and cash: 0.2% of total assets), and 45.2% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, micro). Better than this share of them on solvency 63%, liquidity 23%, profitability 91%, growth against the median 93%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk

1 financial year not filed after the legal deadline; latest accounts 250 days late; 2 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

1 change of registered office in 24 months

In the bankruptcy model this factor raises the probability.

Belgian State Gazette

Ex-officio strike-off in the KBO

In the bankruptcy model this factor raises the probability.

KBO publications

Size: total assets €225,302

In the bankruptcy model this factor raises the probability for this profile.

NBB · annual accounts

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-04-2026, 250 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 2 filings

Deviation from the deadline

2025

not confirmed

2024

250 d late

2023

288 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 269 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Administrative warnings in the KBO publications

1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.

KBO publications

Publications

Address struck

07-04-26 Annual accounts filedfiscal year 2024 · micro…
15-05-25 Annual accounts filedfiscal year 2023 · micro…
31-12-24 Equity above €100,000Eq €123,455 ▲166%

Key points

Positive: Equity rose in 2024from €46,429 to €123,455 ▲ 166% View
Positive: Among the best 6% on net resultsector median €7,818 · 9,977 companies €77,316 View
Caution: Accounts not fileddeadline was 31-07-2026 66 d late View