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TEZEL CONSTRUCT

Active Private limited companyfounded 2006active for 20 yearsVifquinstraat 50, 1030 SchaerbeekKBO/BCE: BE 0884.281.989

Lifetime

18 annual accounts with figures on one time axis
peak €32,302 (2014)
-€1,643▼ €20,054
lowest -€17,386 (2011)
-€65▼ €11,820
peak €73,150 (2024)
€73,085▼ 0.1%
€12,826▲ 47.1%
peak 1 FTE (2011)
-not published
Board2 names since 2015
1 director
Documentsfilings and deeds
18-08-202618 days late
2025micro format
Gross margin from €18,411 to -€1,643Loss of €65Debts from €8,716 to €12,826Cash from €12 to €0

Key points

from the 2025 annual accounts

Liquidity

6.91 was 9.84 in 2024

Short-term debts rose from €8,323 to €12,433.

Filings

18 annual accounts since 2007
AprilJune31 JulyOctober2010201520202025

Ten of the last ten came late. The 2020 accounts came latest: 548 days after the end of the period.

Position in the sector

85.1%

Higher solvency than 89% of companies in specialised construction. Sector median 46.8% · 37,211 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 12,344 companies had the same profile as TEZEL CONSTRUCT has now. Each dot stands for 31 companies, two years later.

90.1%
were still trading
8.7%
stopped another way
0.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss

Another 0.5% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 12,344 companies, not a prediction for TEZEL CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 22-06-2015
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0884281989
Resignation: (director) General meeting of 11-10-2023 · Gazette deed
Registered office moved from Brussels to Schaerbeek New registered office: Rue Vifquin 50- 1030 Schaerbeek · Previous registered office: avenue Le Marinel 19, 1040 Bruxelles · General meeting of 25-05-2015 · Gazette deed
First establishment -, Josaphatstraat 169, Schaerbeek
All 31 events

Comparable companies

same main activity, similar in size and age
Company
TEZEL CONSTRUCT Schaerbeek €85,911 -€1,643 85.1% -
R.C. DECO Schaerbeek €69,188 -€20,580 12.9% -
JSZ CONSTRUCT Woluwe-Saint-Pierre €86,826 -€15,215 63.5% -
GEORGE CONSTRUCT Uccle €94,924 -€3,539 68.0% -
WHITE EAGELS RENOVATION Molenbeek-Saint-Jean €71,607 -€9,896 51.9% -
PRECISBAT Brussels €70,777 -€14,653 52.6% -
TOP CLASSE Anderlecht €106,905 -€6,118 46.8% -

These companies have the same main activity as TEZEL CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €69,200 and €107,000, founded between 2005 and 2008.

Official details

Source: KBO
Status
Active since 16-10-2006Normal situation
Activity
Other specialised construction activitiesNACE 43990and 3 others
Establishment unit
2.157.925.8411030 Schaerbeek, since 13-12-2006
Financial year end
31 December
Peppol
Reachable since 23-12-2025
Company details

Annual accounts 2025

€85,911▲ 4.9%
Filing
Filed on 18-08-2026
Financials

Insights on TEZEL CONSTRUCT

TEZEL CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €12,783 in 2007 to -€1,643 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about TEZEL CONSTRUCT

What is the company number of TEZEL CONSTRUCT?
The company number of TEZEL CONSTRUCT is 0884.281.989. The VAT number is the same number with BE in front: BE 0884.281.989.
Where is TEZEL CONSTRUCT based?
The registered office is at Vifquinstraat 50, 1030 Schaerbeek.Company details
What does TEZEL CONSTRUCT do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of TEZEL CONSTRUCT?
TEZEL CONSTRUCT is a private limited company (BV).
When was TEZEL CONSTRUCT founded?
TEZEL CONSTRUCT was founded on 16-10-2006.
Is TEZEL CONSTRUCT still active?
Yes, TEZEL CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of TEZEL CONSTRUCT?
The annual accounts for financial year 2025 state no turnover.Financials
Is TEZEL CONSTRUCT profitable?
In financial year 2025, TEZEL CONSTRUCT made a loss of €65.
Where can I find the annual accounts of TEZEL CONSTRUCT?
TEZEL CONSTRUCT filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TEZEL CONSTRUCT due?
TEZEL CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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