TIBATO CONSTRUCTION

Active

Private limited companyfounded 20214 yrs activeVaartstraat 239, 2520 Ranst, BelgiumKBO/BCE: BE 0776.807.672

The computed 12-month bankruptcy probability of TIBATO CONSTRUCTION is 1.9% (moderate). The 2025 annual accounts show equity of €401k and a net result of €-160. Equity is growing by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 1893 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

77 / 100

Excellent

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability69▼-19

Solvency100=

Growth52=

Track record94

Bankruptcy probability, 12 months

1.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €30k at 30 days acceptable

Liquidity ample (current ratio 17.43 against 12.23 in 2024; short-term debt: 4.3% and cash: 63.2% of total assets), and 4.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 25

Relative position

BE, all sectors

reference

Sector 25

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

95.7%

Return on assets

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-05-2026, 70 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

70 d early

2024

54 d early

2023

35 d early

2022

6 d early

2021

51 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

19-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€401k▼ 2.6%

2024 · €411k

2021: €245k 2022: €283k 2023: €356k 2024: €411k

2021 → 2025

Total assets

€418k▼ 3.9%

2024 · €435k

2021: €358k 2022: €351k 2023: €381k 2024: €435k

2021 → 2025

Net result

€-160

2024 · €66k

2021: €125k 2022: €52k 2023: €73k 2024: €66k

2021 → 2025

Working capital

€293k▲ 8.3%

2024 · €271k

2021: €173k 2022: €166k 2023: €265k 2024: €271k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€245k-€283k▲ 15.5%€356k▲ 25.7%€411k▲ 15.7%€401k▼ 2.6%

Operating result€173k-€71k▼ 59.1%€95k▲ 34.4%€88k▼ 7.6%€-644

Net result€125k-€52k▼ 58.1%€73k▲ 39.0%€66k▼ 8.8%€-160

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

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €644 after €88k in 2024, the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €418k

25.6%

74.4%

Fixed assets €107k▼ 23.6%

Current assets €311k▲ 5.5%

Equity and liabilities €418k

95.7%

Equity €401k▼ 2.6%

Debt €18k▼ 26.0%

The debt ratio falls from 5.5% to 4.3%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€33k▼

2024 · €117k

Cash flow

€33k▼

2024 · €95k

Solvency

95.7%▲

2024 · 94.5%

Current ratio

17.43▲

2024 · 12.23

Quick ratio

17.43▲

2024 · 12.23

Debt / equity

0.04▼

2024 · 0.06

ROE

0.0%▼

2024 · 16.1%

ROA

0.0%▼

2024 · 15.2%

Interest coverage

843.44▼

2024 · 1822.52

Debt

€18k▼

2024 · €24k

Debt ≤ 1 year

€18k▼

2024 · €24k

Income taxes

€218▼

2024 · €25k

Staff costs

€0▼

2024 · €1k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€435k€418k▼

Fixed assets21/28€140k€107k▼

Tangible fixed assets22/27€140k€107k▼

Land and buildings22€30k€30k=

Plant, machinery and equipment23€37k€21k▼

Furniture and vehicles24€73k€56k▼

Current assets29/58€295k€311k▲

Amounts receivable within one year40/41€25k€46k▲

Trade receivables40€16k€31k▲

Other amounts receivable41€8k€15k▲

Cash at bank and in hand54/58€270k€264k▼

Deferred charges and accrued income490/1€753€778▲

Equity and liabilities

Total equity and liabilities10/49€435k€418k▼

Equity10/15€411k€401k▼

Contributions10/11€44k€44k=

Reserves13€367k€357k▼

Distributable reserves133€367k€357k▼

Profit (loss) carried forward14-€-160

Amounts payable17/49€24k€18k▼

Amounts payable within one year42/48€24k€18k▼

Trade debts44€7k€4k▼

Suppliers440/4€7k€4k▼

Advances received on contracts in progress46-€3k

Taxes, remuneration and social security45€14k€7k▼

Taxes450/3€10k€0▼

Remuneration and social security454/9€3k€7k▲

Other amounts payable47/48€3k€5k▲

Income statement Code20242025

Remuneration, social security and pensions62€1k€0▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€33k▲

Other operating charges640/8€2k€3k▲

Gross operating margin9900€121k€36k▼

Operating profit (loss)9901€88k€-644▼

Financial income75/76B€3k€741▼

Recurring financial income75€3k€741▼

Financial charges65/66B€64€39▼

Recurring financial charges65€64€39▼

Profit (loss) for the period before taxes9903€91k€59▼

Income taxes67/77€25k€218▼

Profit (loss) for the period9904€66k€-160▼

Profit (loss) for the period to be appropriated9905€66k€-160▼

Appropriation of the result

Profit (loss) to be appropriated9906€66k€-160▼

Transfer from equity791/2€11k€11k=

Transfer to equity691/2€66k-

To other reserves6921€66k-

Profit to be distributed694/7€11k€11k=

Directors or managers695€11k€11k=

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 2Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

22-05

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Weakest financial yearnet €-160 ▼100%

Net result drops to €-160, the lowest in the series.

07-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

26-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Liquidity triplescurrent ratio 11.44

Current ratio from 3.43 to 11.44; short-term debt falls from €68k to €25k.

25-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

10-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Ranst · 1 establishment unit since 2021

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Vaartstraat 2392520 Ranst

Ground area

1,036 m²

Building footprint

183 m²

Volume, LiDAR

648 m³

Parcel 11031C0462/00G000, Flanders · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

TIBATO CONSTRUCTION

Vaartstraat 239, 2520 RanstManufacture of metal structures and parts of structures

since 20212.323.920.753

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11031C0462/00G000	Flanders	1,036 m²	1 · 183 m²	6.1 m · 1 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

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

TECHNICONSULT

BE 0521.889.001

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AERTS METALEN

BE 0440.743.650

Zonhoven · Eq €400k

PIET LUYS INDUSTRIEBOUW - BÂTIMENTS INDUSTRIELS

BE 0778.995.320

Schaarbeek · Eq €399k

Of 3,987 companies in sector 25110 we hold annual accounts for 2,148. 1,608 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded28-10-2021

Fiscal year end31-12

Activities, NACEBEL

25110Manufacture of metal structures and parts of structures

25120Manufacture of fabricated metal products, except machinery and equipment

25401Forging of metal

43320Joinery installation

82990Other business support services

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.