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TIA CONCEPT

Active
Private limited companyfounded 20242 yrs activeRomeinsesteenweg 199/03/1, 1800 Vilvoorde, BelgiumKBO/BCE: BE 1008.360.431
Summary

The computed 12-month bankruptcy probability of TIA CONCEPT is 2.5% (moderate). The 2025 annual accounts show equity of €22,579 and a net result of €21,079. Its solvency ranks better than 21% of 28281 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability82
Solvency44
Growth-
Track record67
Bankruptcy probability, 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 1.92; short-term debt: 52% and cash: 19.1% of total assets), but 80.7% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 28281 sector peers (2025).
NBB · sector comparison
Position among 28281 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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 · 1 filing
Deviation from the deadline
2025
2 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 12 April 2024, TIA CONCEPT was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€22,579
Total assets
€117,119
Net result
€21,079
Working capital
€56,235

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €117,119
Equity €22,579
Debt €94,540
Debt finances 80.7% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
1.92
Debt to equity
4.19
ROE
93.4%
ROA
18.0%
Debt ≤ 1 year
€60,884
Income taxes
€5,651
Staff costs
€310

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.5% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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% 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 7,976 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 28 lines
Balance sheet Code2025
Assets
Total assets20/58€117,119
Current assets29/58€117,119
Amounts receivable within one year40/41€94,758
Trade receivables40€69,941
Other amounts receivable41€24,818
Cash at bank and in hand54/58€22,361
Equity and liabilities
Total equity and liabilities10/49€117,119
Equity10/15€22,579
Contributions10/11€1,500
Profit (loss) carried forward14€21,079
Amounts payable17/49€94,540
Amounts payable within one year42/48€60,884
Trade debts44€55,234
Suppliers440/4€55,234
Taxes, remuneration and social security45€5,651
Taxes450/3€5,651
Accrued charges and deferred income492/3€33,655
Income statement Code2025
Goods, raw materials, services and sundry goods60/61€420,175
Remuneration, social security and pensions62€310
Gross operating margin9900€27,058
Operating profit (loss)9901€26,748
Financial charges65/66B€18
Recurring financial charges65€18
Profit (loss) for the period before taxes9903€26,730
Income taxes67/77€5,651
Profit (loss) for the period9904€21,079
Profit (loss) for the period to be appropriated9905€21,079
Appropriation of the result
Profit (loss) to be appropriated9906€21,079

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Goods, raw materials, services and sundry goods60/61€420,175
Remuneration, social security and pensions62€310
Gross operating margin9900€27,058
Operating profit (loss)9901€26,748
Financial charges65/66B€18
Recurring financial charges65€18
Profit (loss) for the period before taxes9903€26,730
Income taxes67/77€5,651
Profit (loss) for the period9904€21,079
Profit (loss) for the period to be appropriated9905€21,079
Line2025
Assets
Total assets20/58€117,119
Current assets29/58€117,119
Amounts receivable within one year40/41€94,758
Trade receivables40€69,941
Other amounts receivable41€24,818
Cash at bank and in hand54/58€22,361
Equity and liabilities
Total equity and liabilities10/49€117,119
Equity10/15€22,579
Contributions10/11€1,500
Profit (loss) carried forward14€21,079
Amounts payable17/49€94,540
Amounts payable within one year42/48€60,884
Trade debts44€55,234
Suppliers440/4€55,234
Taxes, remuneration and social security45€5,651
Taxes450/3€5,651
Accrued charges and deferred income492/3€33,655
Line2025
Profit (loss) for the period9904€21,079
Operating cash flow (approximation)€21,079

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
02-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Vilvoorde · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
350 m²
Building footprint
167 m²
Volume, LiDAR
1,318 m³
Parcel 23088A0053/00Z004, Flanders · tallest building 15.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TIA CONCEPT
Romeinsesteenweg 199/03/1, 1800 VilvoordeDemolition
since 20242.362.833.688
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23088A0053/00Z004 Flanders 349 m² 1 · 167 m² 14.9 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 8,464 companies in sector 43120 we hold annual accounts for 3,233. 2,049 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
Founded12-04-2024
Fiscal year end30-06
Activities, NACEBEL 2025
43120Site preparation
43110Demolition
43350Other building finishing work
81210General cleaning of buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:1008360431
Also 9925:BE1008360431

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.