TIBERIUS CONSTRUCT
InactiveOverview
Activity
Activity not known
Size
€4,841total assets 2023
- Equity
- -€148,041
- Loss
- -€1,474
Financial health
Inactive: no score
Signalsraises riskTwo or more financial years not filedFiled more than 90 days lateShow the evidence
Signals
Two signals.
raises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline22-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 12-01-2025, 165 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 · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
165 days late
2022
531 days late
2021
155 days late
2020
95 days late
2019
218 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 233 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Judicial dissolution and immediate closureEnterprise Court of Hainaut, Charleroi…
- Resignation: Stéphane BRUX (liquidator)Permanent representative: Quentin CASSART ·…
- Judicial dissolution, liquidator appointedEnterprise Court of Hainaut, Mons…
Financials · financial year 2023, micro format
2023 annual accounts filed late (165 days) Filed on 12 January 2025, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2025-00003957.
Turnover
€594,660▲ 80.7%
2020 · €329,000
EBIT margin
-0.3%▼ 2.7pp
2020 · 2.4%
Net result
-€1,474▲ 61.4%
2022 · -€3,815
Working capital
-€13,041▼ 12.7%
2022 · -€11,567
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result stays negative: a loss of €1,277 in 2023 against €3,600 in 2022; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€594,660
2021
Operating result-€1,277
2023
Net result-€1,474
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€4,841
2023
Equity-€148,041
2023
Debt€152,882
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€13,041
2023
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin-0.3%
2021
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Turnover€329,000€594,660▲ 80.7%
Operating result-€7,358--€522▲ 92.9%€7,992-€1,551-€3,600▼ 132%-€1,277▲ 64.5%
Net result-€7,505--€670▲ 91.1%€7,805-€1,742-€3,815▼ 119%-€1,474▲ 61.4%
EBIT margin2.4%-0.3%▼ 2.7pp
Equity-€148,145--€148,815▼ 0.5%-€141,010▲ 5.2%-€142,752▼ 1.2%-€146,567▼ 2.7%-€148,041▼ 1.0%
Total assets€20,095-€44,425▲ 121%€664,983▲ 1,397%€229,516▼ 65.5%€5,483▼ 97.6%€4,841▼ 11.7%
Debt€168,240-€193,240▲ 14.9%€805,993▲ 317%€372,268▼ 53.8%€152,050▼ 59.2%€152,882▲ 0.5%
Working capital-€13,145--€13,815▼ 5.1%-€6,010▲ 56.5%-€7,752▼ 29.0%-€11,567▼ 49.2%-€13,041▼ 12.7%
Key figures and ratios
Debt ≤ 1 year
€17,882▲
2022 · €17,050
Debt > 1 year
€135,000=
2022 · €135,000
Ratios withheld: a balance sheet total of €4,841 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | €329,000 | €594,660 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €595,815 | - | €445 | - |
| Other operating charges640/8 | - | - | - | €396 | - | €407 | - |
| Non-recurring operating charges66A | - | - | - | - | €3,600 | €425 | ▼ 88.2% |
| Gross operating margin9900 | -€7,358 | -€522 | €7,992 | -€1,155 | - | -€445 | - |
| Operating profit (loss)9901 | -€7,358 | -€522 | €7,992 | -€1,551 | -€3,600 | -€1,277 | ▲ 64.5% |
| Financial charges65/66B | - | - | - | €191 | €215 | €197 | ▼ 8.4% |
| Recurring financial charges65 | €147 | €149 | €187 | €191 | €215 | €197 | ▼ 8.4% |
| Profit (loss) for the period before taxes9903 | -€7,505 | -€670 | €7,805 | -€1,742 | -€3,815 | -€1,474 | ▲ 61.4% |
| Profit (loss) for the period9904 | -€7,505 | -€670 | €7,805 | -€1,742 | -€3,815 | -€1,474 | ▲ 61.4% |
| Profit (loss) for the period to be appropriated9905 | -€7,505 | -€670 | €7,805 | -€1,742 | -€3,815 | -€1,474 | ▲ 61.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €20,095 | €44,425 | €664,983 | €229,516 | €5,483 | €4,841 | ▼ 11.7% |
| Current assets29/58 | €20,095 | €44,425 | €664,983 | €229,516 | €5,483 | €4,841 | ▼ 11.7% |
| Stocks and contracts in progress3 | - | - | €320,060 | - | - | - | - |
| Amounts receivable within one year40/41 | €315 | €315 | €329,000 | €73,366 | - | - | - |
| Trade receivables40 | - | - | - | €73,366 | - | - | - |
| Cash at bank and in hand54/58 | €19,780 | €44,110 | €15,923 | €156,150 | €5,483 | €4,841 | ▼ 11.7% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €20,095 | €44,425 | €664,983 | €229,516 | €5,483 | €4,841 | ▼ 11.7% |
| Equity10/15 | -€148,145 | -€148,815 | -€141,010 | -€142,752 | -€146,567 | -€148,041 | ▼ 1.0% |
| Contributions10/11 | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Capital10 | - | - | - | €50,000 | €50,000 | €50,000 | = |
| Issued capital100 | - | - | - | €50,000 | €50,000 | €50,000 | = |
| Profit (loss) carried forward14 | -€198,145 | -€198,815 | -€191,010 | -€192,752 | -€196,567 | -€198,041 | ▼ 0.7% |
| Amounts payable17/49 | €168,240 | €193,240 | €805,993 | €372,268 | €152,050 | €152,882 | ▲ 0.5% |
| Amounts payable after more than one year17 | €135,000 | €135,000 | €135,000 | €135,000 | €135,000 | €135,000 | = |
| Other amounts payable178/9 | - | - | - | €135,000 | €135,000 | €135,000 | = |
| Amounts payable within one year42/48 | €33,240 | €58,240 | €670,993 | €237,268 | €17,050 | €17,882 | ▲ 4.9% |
| Trade debts44 | €26,940 | - | €320,408 | €150,087 | - | €657 | - |
| Suppliers440/4 | - | - | - | €150,087 | - | €657 | - |
| Advances received on contracts in progress46 | - | - | - | €70,000 | €10,450 | €10,450 | = |
| Taxes, remuneration and social security45 | - | - | - | €10,881 | €300 | €300 | = |
| Taxes450/3 | - | - | - | €10,881 | €300 | €300 | = |
| Other amounts payable47/48 | - | - | - | €6,300 | €6,300 | €6,475 | ▲ 2.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,505 | -€670 | €7,805 | -€1,742 | -€3,815 | -€1,474 | ▲ 61.4% |
| Operating cash flow (approximation) | -€7,505 | -€670 | €7,805 | -€1,742 | -€3,815 | -€1,474 | ▲ 61.4% |
| Change in cash | - | €24,330 | -€28,187 | €140,227 | -€150,667 | -€642 | ▲ 99.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 12-01-2025 | 2025-00003957 |
| 31-12-2022 | micro format | 12-01-2025 | 2025-00004004 |
| 31-12-2021 | full format | 02-01-2023 | 2023-20553364 |
| 31-12-2020 | full format | 03-11-2021 | 2021-76300312 |
| 31-12-2019 | micro format | 06-03-2021 | 2021-07100485 |
| 31-12-2018 | micro format | 12-09-2019 | 2019-64300546 |
| 31-12-2017 | full format | 24-07-2018 | 2018-37800021 |
| 31-12-2016 | full format | 04-08-2017 | 2017-41800429 |
| 31-12-2015 | full format | 30-08-2016 | 2016-49400046 |
| 31-12-2014 | full format | 30-09-2015 | 2015-61200441 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, 1 in day-to-day management, last change in 2025
Board 1
CORTEX
CurrentDirector (not named in the articles) and daily management delegate · since 21-11-2024 · Private limited company (pre-2019) · permanent representative: Quentin CASSART
Day-to-day management 1
CORTEX
CurrentDirector (not named in the articles) and daily management delegate · since 21-11-2024 · Private limited company (pre-2019) · permanent representative: Quentin CASSART
Permanent representatives 1
Quentin CASSART
CurrentPermanent representative · since 21-11-2024 · for CORTEX
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
4 of this company's 6 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
2 people since 2024, 1 in office
- Board
- Day-to-day management
- Other function
- began earlier
| Name | Functions and periods |
|---|---|
| CORTEX |
|
| Stéphane BRUX |
|
Owners and capital
Capital and shareholders
Capital over the years
- 21-11-2024 Converted to available equity · €50,000
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
IMMO FLACHE
Shared corporate director
→
History
Acts, filings and financial milestones
2026
13-10
Bankruptcy
Judicial dissolution and immediate closure
Enterprise Court of Hainaut, Charleroi division · judgment of 05-10-2026
2025
26-03
Gazette deed
Resignation: Stéphane BRUX (liquidator)Permanent representative: Quentin CASSART · Court decision4 facts ▸
Gazette deed
Resignation: Stéphane BRUX (liquidator)
Permanent representative: Quentin CASSART · Court decision4 facts ▸
- Court decision, “mise à néant dans toutes ses dispositions”, 10-03-2025 (deed in French)
- Director resignation, Stéphane BRUX (liquidator)
- Director in office, CORTEX (sole director)
- Permanent representative, Quentin CASSART
26-02
Bankruptcy
Judicial dissolution, liquidator appointed
Enterprise Court of Hainaut, Mons division · liquidator: Brux Stephane · judgment of 17-02-2025
12-01
NBB filing
Annual accounts filed
financial year 2023 · micro format · 165 days late
12-01
NBB filing
Annual accounts filed
financial year 2022 · micro format · 531 days late
2024
21-11
Gazette deed
Appointment: CORTEX (director and daily management delegate)Permanent representative: Quentin CASSART · Capital conversion · Amendment of the articles16 facts ▸
Gazette deed
Appointment: CORTEX (director and daily management delegate)
Permanent representative: Quentin CASSART · Capital conversion · Amendment of the articles16 facts ▸
- General meeting, 15-11-2024
- Other provision, “assujettissement_TVA, BE0896.031.560” (deed in French)
- Other provision, “ordre du jour point 1, adapter les statuts aux dispositions du Code des sociétés et des associations” (deed in French)
- Other provision, “ordre du jour point 2, compte de capitaux propres statutairement disponible” (deed in French)
- Other provision, “ordre du jour point 3, autoriser l'organe d'administration à procéder à la distribution d'un dividende selon le mécanisme de l'acompte sur dividende” (deed in French)
- Other provision, “ordre du jour point 4, adoption de nouveaux statuts en concordance avec le Code des sociétés et des associations” (deed in French)
- Other provision, “ordre du jour point 5, Démission - Nomination” (deed in French)
- Other provision, “ordre du jour point 6, transfert du siège avec maintien d'un siège d'exploitation à l'endroit de l'actuel siège” (deed in French)
- Other provision, “adaptation_statuts_CSA, adapter les statuts aux dispositions du Code des sociétés et des associations” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement disponible” (deed in French)
- Other provision, “distribution d'un dividende prélevé sur le bénéfice de l'exercice en cours,ou sur le bénéfice de l'exercice précédent sur les comptes annuels relatifs à cet exe…” (deed in French)
- Amendment of the articles
- +4 further facts in this act
2023
02-01
NBB filing
Annual accounts filed
financial year 2021 · full format · 155 days late
2021
03-11
NBB filing
Annual accounts filed
financial year 2020 · full format · 95 days late
06-03
NBB filing
Annual accounts filed
financial year 2019 · micro format · 218 days late
2020
31-12
Financial
Back to profitnet €7,805
Net result €7,805 after 2 loss-making years.
2019
12-09
NBB filing
Annual accounts filed
financial year 2018 · micro format · 43 days late
2018
24-07
NBB filing
Annual accounts filed
financial year 2017 · full format
Show earlier events
2017
04-08
NBB filing
Annual accounts filed
financial year 2016 · full format · 4 days late
2016
30-08
NBB filing
Annual accounts filed
financial year 2015 · full format · 30 days late
2015
30-09
NBB filing
Annual accounts filed
financial year 2014 · full format · 61 days late
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 16 annual accounts filed, the latest 10 are here; all 16 are under Financials.
2 of 6 deeds read
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Binche
Ground area
395 m²
Building footprint
121 m²
Building volume
949 m³
Parcel 55032A0203/00S005, Wallonia · tallest building 11.5 m. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 55032A0203/00S005indicative | Wallonia | 395 m² | 1 · 121 m² | 11.5 m · 3 |
How the parcels are linked
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- TIBERIUS CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne de langue française, par simple décision de l'organe d'administration,des sièges administratifs,agences,ateliers,dépôts et…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “N° d'entreprise: 0896 031 560 Nom (en entier): TIBERIUS CONSTRUCT (en abrégé) Forme légale: SRL Adresse complète du siège Avenue Léopold III…”deed of 26-03-2025
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation, organe d'administration” (deed in French)“Assemblée décide gratuité ou non du mandat d'administrateur” (deed in French)deed of 21-11-2024
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Droit égal dans la répartition des bénéfices et des produits de la liquidation, rémunération des apports” (deed in French)“Nominatives, titulaires peuvent prendre connaissance du registre relatif à leurs titres” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Pour moitié à charge du cédant et pour moitié à charge du ou des acquéreurs,proportionnellement au nombre d'actions acquises, tous cas de…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “L'organe qui procède à l'émission, courrier électronique,ou pour les personnes sans adresse électronique,par courrier ordinaire,à envoyer le…” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Tout temps par assemblée formes modifications statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Faculté assemblée désigner un ou plusieurs et fixer pouvoirs et émoluments, quelle que soit cause et moment” (deed in French)