Result
€30,280 €30,280
Back in profit in 2025, after a loss of €42,169 in 2024.
TIBO CONSTRUCT
Lifetime
19 annual accounts with figures on one time axis, 23 filings since 2003peak €186,390 (2023)
€129,952▲ 76.9%
lowest -€42,169 (2024)
€30,280▲ €72,450
peak €90,014 (2014)
€74,801▲ 68.0%
€77,696▲ 1.5%
peak 3 FTE (2020)
-not published
Board3 names since 2022
2 directors and 1 other
Documentsfilings and deeds
30-01-20261 day before the deadline
2025micro format
Gross margin from €73,463 to €129,952Back to profit: €30,280Registered office moved from Ghent to Oostakker 09-10Equity from €44,521 to €74,801Cash from €7,905 to €5,045
Key points
from the 2025 annual accountsTurnover
≈ €440,000 estimated
The micro format states no turnover.
Staff
1 employees on 30-06-2025
In 2025, nobody joined and 1 person left.
Liquidity
1.84 was 1.43 in 2024
Short-term debts fell from €76,516 to €75,753.
Filings
23 annual accounts since 2003
The 2020 accounts came 1 day late. The other nine of the last ten were filed on time.
Position in the sector
€129,952
Higher gross margin than 82% of companies in specialised construction. Sector median €39,022 · 37,125 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,356 companies had the same profile as TIBO CONSTRUCT has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% 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 31,356 companies, not a prediction for TIBO 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 check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered office moved from Ghent to Oostakker
New registered office: Zangvogellaan 33, 9041 Oostakker · Previous registered office: Groenstraat 266 bus S, 9041 Gent · Resignation: (director) · General meeting of 05-07-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0476910495
Appointments: (director) and (director)
“De vennootschap heeft tot voorwerp:” (deed in Dutch) · General meeting of 15-01-2024 · Gazette deed
Registered office moved to Oostakker
New registered office: Groenstraat 266 Bus S te 9041 Oostakker · General meeting of 01-07-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TIBO CONSTRUCT Ghent | €152,498 | €129,952 | 49.1% | - |
| MARGODT FRANCIS Roeselare | €152,574 | €131,556 | 69.8% | - |
| PLEISTERWERKEN MATTHYS Stekene | €153,334 | €165,974 | 79.8% | - |
| VAN DER HAEGEN DIRK Herzele | €159,833 | €170,341 | 87.0% | - |
| DS PROJECTS Beveren-Kruibeke-Zwijndrecht | €208,511 | €141,264 | 39.2% | - |
| CHRISTOPHE SELECK Profondeville | €143,191 | €115,405 | -23.5% | - |
| PLAFONNERINGSWERKEN DE VRY Lille | €214,576 | €133,598 | 84.1% | - |
These companies have the same main activity as TIBO CONSTRUCT: plastering work (NACE 43310). They are comparable in size and age: total assets between €143,000 and €215,000, founded between 1996 and 2006.
Official details
Source: KBO- Status
- Active since 15-02-2002Normal situation
- Activity
- Plastering workNACE 43310and 6 others
- Establishment unit
- 2.101.690.3879041 Ghent, since 04-04-2002
- Financial year end
- 30 June
- Peppol
- Reachable since 03-07-2025
Annual accounts to 30-06-2025
- €152,498▲ 26.0%
- Employeeson 30-06-2025
- 1▼ 50.0%
- Filing
- Filed on 30-01-2026, 1 day before the end of the filing period
Insights on TIBO CONSTRUCT
TIBO CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €91,876 in 2007 to €129,952 in 2025.
The balance sheet grew most from 2018 to 2020 through fixed assets, financed with long-term debt.
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 TIBO CONSTRUCT
- What is the company number of TIBO CONSTRUCT?
- The company number of TIBO CONSTRUCT is 0476.910.495. The VAT number is the same number with BE in front: BE 0476.910.495.
- Where is TIBO CONSTRUCT based?
- The registered office is at Zangvogellaan 33, 9041 Ghent.Company details
- What does TIBO CONSTRUCT do?
- According to the KBO register, the main activity is plastering work (NACE 43310).
- What is the legal form of TIBO CONSTRUCT?
- TIBO CONSTRUCT is a private limited company (BV).
- When was TIBO CONSTRUCT founded?
- TIBO CONSTRUCT was founded on 15-02-2002.
- Is TIBO CONSTRUCT still active?
- Yes, TIBO CONSTRUCT is an active enterprise in the KBO register.
- How many employees does TIBO CONSTRUCT have?
- TIBO CONSTRUCT had an average of 1.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of TIBO CONSTRUCT?
- The turnover in financial year 2025 is ≈ €440,000. This figure is estimated from the gross margin of €129,952 and 61 comparable companies (NACE 433). It probably lies between €300,000 and €650,000.
- Is TIBO CONSTRUCT profitable?
- In financial year 2025, TIBO CONSTRUCT made a profit of €30,280.
- Where can I find the annual accounts of TIBO CONSTRUCT?
- TIBO CONSTRUCT filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TIBO CONSTRUCT due?
- TIBO CONSTRUCT must file the annual accounts for financial year 2026 by 31-01-2027.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 See which support similar companies received that this one did not.Subsidies
See how customers, suppliers and banks see your own company and what to improve first.