TESCO CONSTRUCT
ActiveFrom the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
TESCO CONSTRUCT has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €493,132 and a net result of -€120,450. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 45% of 2,790 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Official details
KBO- Status
- Active since 24-10-2017 Normal situation
- Legal form
- Private limited company
- Registered office
- Industrielaan 9, 1070 Anderlecht
- Activity
- General construction of residential buildings NACE 41001
- Establishment unit
- 2.269.775.452 1030 Schaarbeek, since 06-11-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.4%
- Gross margin
- -€17,920
- Loss
- €120,450
- ▲ 533%
- Equity
- €493,132
- ▼ 54.9%
- Total assets
- €1.4m
- ▼ 44.0%
- Staff
- ≈ 0.1 FTE
- estimated
Why 81raises riskLoss of €120,450, the second in a row (financial year 2025)Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskSize: total assets €1.4mFigures for financial year 2025 (filed 30-07-2026)Show the evidence
Checked score
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 41% on solvency, 79% on liquidity, 12% on profitability and 10% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 5 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, abbreviated format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 30-07-2026
- Format
- abbreviated format
- Reference
- 2026-00356359
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €67,644 after €54,270 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: 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), Staff (FTE).
- 2025 Net result -533% on 2024. The accounts now follow the abbreviated format, last year the full format.
- 2021 Net result +59% on 2020. The accounts now follow the full format, last year the micro format.
Peer companies
Historical observationOf the 929 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 92.8% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a small loss
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,445 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 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 74.5% 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 929 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €0.4m | €0.3m | €1.3m | €0.8m | €0.001m | ▼ 99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.003m | €0.003m | €0.003m | €0.008m | €0.02m | €0.2m | €0.04m | €0.03m | ▼ 20.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €0.03m | - | - | - |
| Other operating charges640/8 | - | - | - | €0.02m | €0.01m | €0.02m | €0.1m | €0.02m | ▼ 82.1% |
| Gross operating margin9900 | €0.4m | €0.9m | €0.7m | €1.0m | €0.8m | €2.4m | €1.0m | -€0.02m | - |
| Operating profit (loss)9901 | €0.2m | €0.4m | €0.4m | €0.6m | €0.5m | €0.9m | €0.05m | -€0.07m | - |
| Financial income75/76B | - | - | - | €70 | €69 | €393 | €0.001m | €0.002m | ▲ 114% |
| Recurring financial income75 | €0 | €36 | €67 | €70 | €69 | €393 | €0.001m | €0.002m | ▲ 114% |
| Financial charges65/66B | - | - | - | €0.008m | €0.008m | €0.03m | €0.06m | €0.05m | ▼ 11.2% |
| Recurring financial charges65 | €36 | €0.003m | €0.007m | €0.008m | €0.008m | €0.03m | €0.06m | €0.05m | ▼ 11.2% |
| Profit (loss) for the period before taxes9903 | €0.2m | €0.4m | €0.4m | €0.6m | €0.4m | €0.8m | -€0.006m | -€0.1m | ▼ 1,926% |
| Income taxes67/77 | - | €0.2m | €0.09m | €0.2m | €0.1m | €0.2m | €0.01m | €331 | ▼ 97.5% |
| Profit (loss) for the period9904 | €0.2m | €0.2m | €0.3m | €0.4m | €0.3m | €0.6m | -€0.02m | -€0.1m | ▼ 533% |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.2m | €0.3m | €0.4m | €0.3m | €0.6m | -€0.02m | -€0.1m | ▼ 533% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.5m | €2.7m | €2.2m | €2.3m | €1.9m | €3.4m | €2.6m | €1.4m | ▼ 44.0% |
| Fixed assets21/28 | €0.02m | €0.2m | €0.05m | €0.05m | €0.09m | €1.3m | €1.1m | €1.1m | ▼ 4.5% |
| Tangible fixed assets22/27 | €0.006m | €0.008m | €0.01m | €0.03m | €0.06m | €1.3m | €1.1m | €1.1m | ▼ 3.5% |
| Land and buildings22 | - | - | - | - | - | €1.1m | €1.1m | €1.1m | ▼ 2.8% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | - | €0.002m | - |
| Furniture and vehicles24 | - | - | - | €0.03m | €0.06m | €0.1m | €0.01m | - | - |
| Financial fixed assets28 | €0.01m | €0.2m | €0.04m | €0.02m | €0.04m | €0.02m | €0.02m | €0.004m | ▼ 72.4% |
| Current assets29/58 | €1.5m | €2.6m | €2.2m | €2.2m | €1.9m | €2.1m | €1.5m | €0.4m | ▼ 74.7% |
| Amounts receivable within one year40/41 | €1.2m | €2.3m | €1.8m | €1.7m | €1.5m | €0.7m | €0.2m | €0.06m | ▼ 72.1% |
| Trade receivables40 | - | - | - | €1.6m | €1.5m | €0.7m | €0.1m | €0.02m | ▼ 78.1% |
| Other amounts receivable41 | - | - | - | €0.1m | €0.05m | €0.05m | €0.1m | €0.04m | ▼ 66.5% |
| Cash at bank and in hand54/58 | €0.3m | €0.3m | €0.4m | €0.5m | €0.3m | €1.4m | €1.2m | €0.3m | ▼ 75.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.03m | €0.04m | €0.02m | €0.009m | €0.006m | ▼ 31.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.5m | €2.7m | €2.2m | €2.3m | €1.9m | €3.4m | €2.6m | €1.4m | ▼ 44.0% |
| Equity10/15 | €0.2m | €0.4m | €0.7m | €1.0m | €1.0m | €1.6m | €1.1m | €0.5m | ▼ 54.9% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Contributions outside capital11 | - | - | - | €0.02m | €0.02m | - | - | - | - |
| Other1109/19 | - | - | - | €0.02m | €0.02m | - | - | - | - |
| Reserves13 | €0.002m | €0.4m | €0.7m | €1.0m | €1.0m | €1.6m | €1.1m | €0.6m | ▼ 44.7% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | - | - | - |
| Distributable reserves133 | - | - | - | €1.0m | €1.0m | €1.6m | €1.1m | €0.6m | ▼ 44.7% |
| Profit (loss) carried forward14 | €0.2m | - | - | - | - | - | - | -€0.1m | - |
| Amounts payable17/49 | €1.3m | €2.3m | €1.5m | €1.3m | €0.9m | €1.8m | €1.5m | €1.0m | ▼ 36.0% |
| Amounts payable after more than one year17 | - | - | - | - | €0.003m | €0.9m | €0.9m | €0.9m | ▼ 3.7% |
| Financial debts170/4 | - | - | - | - | €0.003m | €0.9m | €0.9m | €0.9m | ▼ 3.6% |
| Other amounts payable178/9 | - | - | - | - | - | €0.005m | €0.005m | €0.004m | ▼ 18.6% |
| Amounts payable within one year42/48 | €1.3m | €2.3m | €1.5m | €1.3m | €0.9m | €0.8m | €0.6m | €0.08m | ▼ 85.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.05m | €0.06m | €0.1m | €0.03m | €0.03m | ▲ 4.8% |
| Trade debts44 | €1.3m | €2.1m | €1.4m | €1.0m | €0.8m | €0.5m | €0.4m | €0.009m | ▼ 97.6% |
| Suppliers440/4 | - | - | - | €1.0m | €0.8m | €0.5m | €0.4m | €0.009m | ▼ 97.6% |
| Advances received on contracts in progress46 | - | - | - | - | - | €0.03m | €0.04m | €0.03m | ▼ 9.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.09m | €0.07m | €0.2m | €0.1m | €0.01m | ▼ 92.6% |
| Taxes450/3 | - | - | - | €0.05m | €0.05m | €0.09m | €0.1m | €0.01m | ▼ 92.6% |
| Remuneration and social security454/9 | - | - | - | €0.04m | €0.02m | €0.08m | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.1m | €0.003m | - | €0.01m | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €181 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | €0.2m | €0.3m | €0.4m | €0.3m | €0.6m | -€0.02m | -€0.1m | ▼ 533% |
| + Depreciation and write-downs630 | €0.003m | €0.003m | €0.003m | €0.008m | €0.02m | €0.2m | €0.04m | €0.03m | ▼ 20.3% |
| Operating cash flow (approximation) | €0.2m | €0.2m | €0.3m | €0.4m | €0.3m | €0.8m | €0.02m | -€0.09m | - |
| Investment in fixed assets (approximation) | - | -€0.1m | €0.1m | -€0.007m | -€0.06m | -€1.4m | €0.1m | €0.02m | ▼ 83.9% |
| Change in cash | - | -€0.07m | €0.1m | €0.1m | -€0.2m | €1.1m | -€0.2m | -€0.9m | ▼ 457% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-07-2026 | 2026-00356359 | NBB |
| 31-12-2024 | full format | 29-07-2025 | 2025-00321560 | |
| 31-12-2023 | full format | 23-07-2024 | 2024-00271886 | |
| 31-12-2022 | full format | 11-07-2023 | 2023-00222260 | |
| 31-12-2021 | full format | 05-07-2022 | 2022-20144390 | |
| 31-12-2020 | micro format | 27-08-2021 | 2021-56900116 | |
| 31-12-2019 | micro format | 24-07-2020 | 2020-34000513 | |
| 31-12-2018 | full format | 03-06-2019 | 2019-16500176 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| GOUVEIA PINTO Hélder |
|
How the board is organised
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 12. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation,statutaire si nommés dans statuts, un ou plusieurs administrateurs”
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale, dissolution en tout temps”
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Administrateurs en fonction désignés liquidateurs en vertu statuts si aucun autre désigné, possibilité dissolution-clôture en un seul acte”
Articles of association, deed of 28-12-2023
Owners and capital
Capital and shareholders
- 28-12-2023 Converted to unavailable equity · €22,000
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives avec mentions CSA,consultation par titulaires”
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 28-12-2023 (in French)
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
28-12
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointments · MiscellaneousResignation: GOUVEIA PINTO Hélder (manager) · Appointment: GOUVEIA PINTO Hélder (director) · Permanent representative: GOUVEIA PINTO Hélder18 facts ▸
- General meeting, 15-12-2023
- Incorporation, 23-10-2017
- Other provision, “modification des statuts depuis la constitution, non modifiés” (deed in French)
- Legal form clause, “conservation, société à responsabilité limitée” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “formes et majorités de la modification des statuts, suppression” (deed in French)
- Other provision, “double test de solvabilité et de liquidité, respecter” (deed in French)
- Other provision, “loi du 21-01-2022 portant des dispositions fiscales diverses, régime VVPRbis” (deed in French)
- Amendment of the articles
- Capital
- Other provision, “compte de capitaux propres statutairement indisponible, Néant” (deed in French)
- Director resignation, GOUVEIA PINTO Hélder (manager)
- +6 further facts in this act
17-07
Gazette deed
Registered officeRegistered-office move · Director in office3 facts ▸
- Board meeting, 30-06-2023
- Registered-office move, Boulevard Industriel 9-1070 Anderlecht
- Director in office, Helder PINTO (director)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0683.643.528
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L'achat,la vente,la location le placement de tout matériel de construction ou autre parmi lesquels on retrouve,les…”
50 activities
- L'achat,la vente,la location le placement de tout matériel de construction ou autre parmi lesquels on retrouve,les échafaudages,bobcat,foreuses,ponceuses,perceuses,mélangeurs,échelles,remorques,meuleuses,décapeuses,nettoyeurs haute pression,scies sauteuses,…
- La création,le développement et la promotion de projets immobiliers
- Toute activité en rapport avec la manutention et le déménagement
- Le nettoyage de façades
- L'entreprise du bâtiment,sans limitation d'activité,celles qui seraient réglementées débutant à partir des agréations,en ce compris l'entreprise générale
- Le nettoyage,l'entretien et la désinfection de meubles et objets divers ainsi que de locaux commerciaux et industriels,de bureaux,ainsi que le nettoyage de vitres
- L'entretien de parcs et jardins ainsi que la désinfection et la dératisation
- L'entreprise de couverture et de toiture de constructions et tous bardages
- L'entreprise de travaux de zingage
- L'entreprise de recouvrement de corniches en bois et en P.V.C.
- L'entreprise de construction de bâtiments (gros œuvre et mise sous toit)
- L'entreprise de travaux d'étanchéité et revêtement de construction par asphaltage et bitumage
- L'entreprise d'isolation thermique et acoustique
- L'entreprise de travaux de plafonnage,de cimentage et de tous autres enduits
- L'entreprise de fabrication et placement de charpenterie et de menuiserie (entre autres châssis et volets) du bâtiment
- L'entreprise de pose de plaques de gyproc
- L'entreprise de fabrication et de placement de châssis et volets en P.V.C. et aluminium
- L'entreprise de fabrication et de placement de ferronneries et de menuiseries (entre autres châssis et volets) métalliques
- L'entreprise d'installation de chauffage central à eau chaude et à vapeur
- L'entreprise d'installation de ventilation,de chauffage à air chaud,de conditionnement d'air et de tuyauteries industrielles
- L'entreprise d'installation sanitaire,de chauffage au gaz et de plomberie-zinguerie
- L'entreprise de placement d'adoucisseur d'eau
- Le placement de vitres dans les châssis dont l'exécution ne requiert pas un agrément spécial sur base d'un arrêté royal pris dans le cadre de la loi du quinze décembre mil neuf cent septante sur l'exercice des activités professionnelles dans les petites et moyennes entreprises
- La démolition et le terrassement
- La rénovation
- En matière d'architecture d'intérieur,un bureau d'études chargé notamment de l'organisation d'espaces de bureaux,industriels ou commerciaux,l'établissement d'études,plans,coordination en ces domaines,l'achat et la revente de produits et articles de décoration,l'achat et la revente de mobilier d'aménagement pour bureau,commerce,industrie,habitation,l'achat et la vente,la location d'immeubles bâtis ou non,la gérance et l'administration de toute construction privée,commerciale,industrielle ou publique
- La construction,le parachèvement,l'entretien et la rénovation d'immeubles
- La fabrication,l'achat,la vente en gros ou en détail et la commercialisation en général des matériaux nécessaires à la construction ou à la rénovation d'immeubles
- L'activité d'intermédiaire dans de telles opérations
- La création,le développement et la promotion de projets immobiliers
- L'entreprise de travaux d'égout
- L'entreprise de travaux de pose de câbles et de canalisations diverses
- L'entreprise d'aménagement de plaines de jeux et de sport,de parcs et de jardins
- L'entreprise de terrassement
- L'entreprise de construction de pavillons démontables et de baraquements non métalliques
- L'entreprise de place de clôtures
- L'entreprise d'isolation thermique et acoustique
- L'entreprise de fabrication et d'installation de cheminées ornementales (à l'exclusion de travaux de marbrerie,taille de pierres et de mosaïque)
- L'entreprise de placement de ferronnerie,de volets et de menuiserie métallique et PVC
- L'entreprise de nettoyage et de désinfection de maisons et de locaux,meubles,ameublement et objets divers
- L'entreprise de ramonage de cheminées
- L'entreprise de pose de chape,faux plafonds et de cloisons amovibles
- L'entreprise de peinture industrielle
- L'entreprise de fabrication et de garnissage de meubles non métalliques
- L'entreprise d'installation d'échafaudages,de rejointoyage et de nettoyage de façades
- L'entreprise de pose de parquets
- L'entreprise de placement,d'entretien et de réparation de tous brûleurs
- Le nettoyage de tous locaux et lavage de vitres
- L'entreprise de rénovation d'immeuble,au sens le plus large du terme
- L'import-export de toutes marchandises et de tout objet d'artisanat
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- TESCO CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, par simple décision de l'organe d'administration,établir ou supprimer des sièges d'exploitation,pour autant…”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 18:00
Articles of association, deed of 28-12-2023 (in French)
Sites & property
1 establishment unit
Buildings and parcels at the addresses
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21306C0289/00B004 | Brussels | 9,782 m² | 1 · 4,538 m² | 28.4 m · 7 |
| 21905C0090/02V013 | Brussels | 1,008 m² | 1 · 502 m² | 29.5 m · 9 |