Debts
€351,004 86% of the balance sheet
Financial debts 4%Suppliers 48%Taxes and wages 24%Other 23%
THC CONSTRUCT
Lifetime
10 annual accounts with figures on one time axispeak €45,246 (2020)
€35,068▲ 159%
lowest -€1,188 (2022)
€17,531▲ 15×
peak €59,097 (2025)
€59,097▲ 42.2%
€351,004▼ 4.9%
Board1 name since 2016
1 director
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €13,546 to €35,068Result from €1,134 to €17,531Registered office moved from Tervuren to Perk 24-01Equity from €41,566 to €59,097
Key points
from the 2025 annual accountsFilings
10 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Position in the sector
14.4%
Lower solvency than 82% of companies in specialised construction. Sector median 46.9% · 37,177 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,508 companies had the same profile as THC CONSTRUCT has now. Each dot stands for 12 companies, two years later.
96.8%
were still trading
1.6%
stopped another way
1.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 4,508 companies, not a prediction for THC 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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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0656997034
Registered office moved from Tervuren to Perk
New registered office: Boeksestraat 57, 1820 Perk · Previous registered office: Mechelsestraat 30, 3080 Tervuren · Resignation: (director) · General meeting of 08-01-2025 · Gazette deed
Registered office moved to Duisburg Tervuren
New registered office: Mechelsestraat 30 3080 Duisburg Tervuren · General meeting of 16-01-2019 · Gazette deed
Incorporation
Founders: and · Founding capital of €18,600, 1,000 shares · Appointment: (manager) · published on 29-06-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| THC CONSTRUCT Steenokkerzeel | €410,101 | €35,068 | 14.4% | - |
| DFR Guido Dentergem | €390,847 | €28,872 | 76.1% | - |
| ISOCONSTRUCT Etterbeek | €352,656 | €40,089 | 51.9% | - |
| Hapers Rijkevorsel | €343,607 | €29,127 | 68.6% | - |
| MADELL Brussels | €342,056 | €29,612 | 69.9% | - |
| Nboxx Pittem | €428,435 | €37,524 | 16.3% | - |
| Niels Bossuyt Wingene | €342,110 | €46,660 | 22.0% | - |
These companies have the same main activity as THC CONSTRUCT: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €342,000 and €428,000, founded between 2016 and 2018.
Official details
Source: KBO- Status
- Active since 27-06-2016Normal situation
- Activity
- Other building finishing workNACE 43350
- Establishment unit
- 2.285.340.6851820 Steenokkerzeel, since 27-06-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Insights on THC CONSTRUCT
THC CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €8,655 in 2016 to €35,068 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 THC CONSTRUCT
- What is the company number of THC CONSTRUCT?
- The company number of THC CONSTRUCT is 0656.997.034. The VAT number is the same number with BE in front: BE 0656.997.034.
- Where is THC CONSTRUCT based?
- The registered office is at Boektsestraat 57, 1820 Steenokkerzeel.Company details
- What does THC CONSTRUCT do?
- According to the KBO register, the main activity is other building finishing work (NACE 43350).
- What is the legal form of THC CONSTRUCT?
- THC CONSTRUCT is a private limited company (BV).
- When was THC CONSTRUCT founded?
- THC CONSTRUCT was founded on 27-06-2016.
- Is THC CONSTRUCT still active?
- Yes, THC CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of THC CONSTRUCT?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €35,068 and 88 comparable companies (NACE 433). It probably lies between €140,000 and €350,000.Financials
- Is THC CONSTRUCT profitable?
- In financial year 2025, THC CONSTRUCT made a profit of €17,531.
- Where can I find the annual accounts of THC CONSTRUCT?
- THC CONSTRUCT filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of THC CONSTRUCT due?
- THC CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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