Turnover
€105,989 ▲ 225%
Turnover rose in 2025 from €32,645 to €105,989.
TIB CONSTRUCT
Lifetime
3 annual accounts with figures on one time axispeak €227,791 (2023)
€105,989▲ 225%
lowest -€15,457 (2024)
€29,209▲ €44,667
peak €50,826 (2025)
€50,826▲ 135%
€117,180▲ 78.6%
Board1 name since 2022
1 directorTIAL Otmane
Documentsfilings and deeds
06-11-202698 days late
2025abbreviated format
Turnover from €32,645 to €105,989Gross margin from -€1,880 to €29,590Back to profit: €29,209Registered office moved from Anderiecht to Watemael-Boitsfort 07-04Equity from €21,617 to €50,826Debts from €65,618 to €117,180
Key points
from the 2025 annual accountsDebts
€117,180 ▲ 78.6%
Debts rose by €51,562 in 2025.
Payment terms
159 days to suppliers
TIB CONSTRUCT pays its suppliers 66 days earlier than in 2024. Customers pay 88 days later.
Liquidity
3.17 was 1.56 in 2024
Short-term debts rose from €37,747 to €42,970.
Filings
3 annual accounts 98 days
Latest accounts filed late: after the legal deadline.
At the same address
328 companies
Checked score
32
Weak
Financially stronger than 67% of micro companies in specialised construction (NACE 43)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
13.3% High
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 7.3%lowest value
01-2025: 7.3%● unchanged vs 12-2024lowest value
02-2025: 7.3%● unchanged vs 01-2025lowest value
03-2025: 7.7%▲ +0.4 percentage points vs 02-2025
04-2025: 7.6%▼ -0.1 percentage points vs 03-2025
05-2025: 11.7%▲ +4.1 percentage points vs 04-2025
06-2025: 11.8%▲ +0.1 percentage points vs 05-2025
07-2025: 11.9%▲ +0.1 percentage points vs 06-2025
08-2025: 12.8%▲ +0.9 percentage points vs 07-2025
09-2025: 13.4%▲ +0.6 percentage points vs 08-2025
10-2025: 18.3%▲ +4.9 percentage points vs 09-2025
11-2025: 18.7%▲ +0.4 percentage points vs 10-2025
12-2025: 19.5%▲ +0.8 percentage points vs 11-2025
01-2026: 21.3%▲ +1.8 percentage points vs 12-2025
02-2026: 21.3%● unchanged vs 01-2026
03-2026: 21.3%● unchanged vs 02-2026
04-2026: 19.9%▼ -1.4 percentage points vs 03-2026
05-2026: 21.2%▲ +1.3 percentage points vs 04-2026
06-2026: 20.9%▼ -0.3 percentage points vs 05-2026
07-2026: 20.9%● unchanged vs 06-2026
08-2026: 20.5%▼ -0.4 percentage points vs 07-2026
09-2026: 20.8%▲ +0.3 percentage points vs 08-2026
10-2026: ≥ 25%▲ +5.2 percentage points vs 09-2026highest value
11-2026: 13.3%▼ -12.7 percentage points vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 98 days late; 2 of the last 3 accounts late
No registered site in the KBO
Liquidity: current ratio 3.17
1 change of registered office in 24 months
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 32% of them on solvency, 79% on liquidity, 61% on profitability and 96% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the high class on 30-06-2025, 14.6% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as TIB CONSTRUCT has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of TIB CONSTRUCT itself is higher: 13.3% within 12 months. It rests on far more data about TIB CONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for TIB 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
Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 3.17 (1.56 in 2024), above the usual 1.5. Short-term debt is 25.6% of total assets. However, 69.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises risk
raises risk · 2025 accounts filed 98 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-11-2026, 98 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 3 filingsDeviation from the deadline
2025
98 days late
2024
342 days late
2023
101 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 113 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 November (3 of the last 3 accounts filed within 244 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0789818045
Registered office moved from Anderiecht to Watemael-Boitsfort
New registered office: Avenue des Gerfauts 10 bte 34, B-1170 Watemael-Boitsfort · Previous registered office: rue de la petite ile numéro 8 a 1070 Anderiecht · General meeting of 31-12-2024 · Gazette deed
Incorporation
Founding capital of €15,000, 100 shares · Founder: TIAL Otmane · Appointment: TIAL Otmane (director) · published on 24-08-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TIB CONSTRUCT Watermael-Boitsfort | €168,006 | €29,590 | 30.3% | - |
| TINA SERVICES Halle | €182,437 | €32,422 | 20.8% | - |
| BMS Renov Overijse | €168,213 | €29,807 | 26.1% | - |
| PRO BETON Aalst | €174,541 | €27,916 | 49.6% | - |
| NABA CONSTRUCT Zaventem | €176,109 | €24,759 | 76.2% | - |
| VERMEIR GRONDWERKEN Zottegem | €174,917 | €35,784 | 29.1% | - |
| Mariën-Cypers Balen | €184,510 | €28,494 | 3.1% | - |
These companies have the same main activity as TIB CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €168,000 and €185,000, founded between 2021 and 2023.
Official details
Source: KBO- Status
- Active since 22-08-2022Normal situation
- Registered office
- 330 active companies are registered at this address70 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Other specialised construction activitiesNACE 43990and 7 others
- Financial year end
- 31 December
- Peppol
- Reachable since 28-10-2025
Insights on TIB CONSTRUCT
TIB CONSTRUCT has existed since 2022. Turnover fell from €227,791 in 2023 to €32,645 in 2024. The accounts now follow the abbreviated format, last year the full format.
Solvency rose in 2025 from 24.8% to 30.3% because of the retained profit.
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 TIB CONSTRUCT
- What is the company number of TIB CONSTRUCT?
- The company number of TIB CONSTRUCT is 0789.818.045. The VAT number is the same number with BE in front: BE 0789.818.045.
- Where is TIB CONSTRUCT based?
- The registered office is at Giervalkenlaan 10, 1170 Watermael-Boitsfort.Company details
- What does TIB CONSTRUCT do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of TIB CONSTRUCT?
- TIB CONSTRUCT is a private limited company (BV).
- When was TIB CONSTRUCT founded?
- TIB CONSTRUCT was founded on 22-08-2022.
- Is TIB CONSTRUCT still active?
- Yes, TIB CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of TIB CONSTRUCT?
- The turnover of TIB CONSTRUCT was €105,989 in financial year 2025, according to the filed annual accounts.Financials
- Is TIB CONSTRUCT profitable?
- In financial year 2025, TIB CONSTRUCT made a profit of €29,209.
- Where can I find the annual accounts of TIB CONSTRUCT?
- TIB CONSTRUCT filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TIB CONSTRUCT due?
- TIB 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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