TINA CONSTRUCT
ActiveFinancials · financial year 2023, micro format
2024 annual accounts not yet filed, deadline passed on 31 July 2025 The financial year closed on 31 December 2024. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 5 November 2026.
Annual accounts 2023 filed on 31-12-2024 PDF all 2 filings
Turnover
≈ €360,000
Estimated: probably between €250,000 and €630,000
Total assets
€57,796▲ 27.2%
2022 · €45,424
Net result
€3,546▼ 76.4%
2022 · €15,023
Working capital
€22,708▲ 84.5%
2022 · €12,308
Multi-year overview
2022 to 2023, 2 financial yearsOperating result
€28,511
▼ 50.9%
2023
20222023
Net result
€3,546
▼ 76.4%
2023
middle half of the sector
20222023
Equity
€15,854
▲ 28.8%
2023
middle half of the sector
20222023
Total assets
€57,796
▲ 27.2%
2023
middle half of the sector
20222023
Debt
€41,942
▲ 26.7%
2023
20222023
Working capital
€22,708
▲ 84.5%
2023
middle half of the sector
20222023
Solvency
27.4%
▲ 0.3pp
2023
middle half of the sector
20222023
Current ratio
1.65
▲ 0.28
2023
middle half of the sector
20222023
Return on assets (ROA)
6.1%
▼ 26.9pp
2023
middle half of the sector
20222023
Staff (FTE)
0.9
2023
20222023
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20222023
Operating result€58,094-€28,511▼ 50.9%
Net result€15,023within the sector's middle half-€3,546within the sector's middle half▼ 76.4%
Equity€12,308below the sector's middle half-€15,854within the sector's middle half▲ 28.8%
Total assets€45,424below the sector's middle half-€57,796within the sector's middle half▲ 27.2%
Debt€33,116-€41,942▲ 26.7%
Working capital€12,308within the sector's middle half-€22,708within the sector's middle half▲ 84.5%
Solvency27.1%within the sector's middle half-27.4%within the sector's middle half▲ 0.3pp
Current ratio1.37within the sector's middle half-1.65within the sector's middle half▲ 0.28
Return on assets (ROA)33.1%above the sector's middle half-6.1%within the sector's middle half▼ 26.9pp
Staff (FTE)0.9
above
within
below
The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2023 is 51% lower than in 2022.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Equity and liabilities €57,796
Equity
€15,854 ▲ 28.8%
Debt
€41,942 ▲ 26.7%
Debt's share of the balance-sheet total falls from 72.9% to 72.6%. Equity and debt are higher.
Key figures and ratios
Debt to equity
2.65▼
2022 · 2.69
ROE
22.4%▼
2022 · 122.1%
Debt ≤ 1 year
€35,088▲
2022 · €33,116
Income taxes
€5,094▼
2022 · €13,245
Staff costs
€40,338
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2023 |
|---|---|
| Employees at the balance-sheet date | 1 |
| full-time | 1 |
| in full-time equivalents | 1 |
| Average over the year, in full-time equivalents | 0.9 |
| On a permanent contract | 1 |
| Joined | 1 |
| Left | 0 |
Source: social balance sheet in the 2023 annual accounts
Annual accounts
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €40,338 | - |
| Other operating charges640/8 | - | €421 | - |
| Gross operating margin9900 | €58,094 | €69,269 | ▲ 19.2% |
| Operating profit (loss)9901 | €58,094 | €28,511 | ▼ 50.9% |
| Financial charges65/66B | €29,827 | €19,871 | ▼ 33.4% |
| Recurring financial charges65 | €5,116 | €5,014 | ▼ 2.0% |
| Non-recurring financial charges66B | €24,711 | €14,856 | ▼ 39.9% |
| Profit (loss) for the period before taxes9903 | €28,268 | €8,640 | ▼ 69.4% |
| Income taxes67/77 | €13,245 | €5,094 | ▼ 61.5% |
| Profit (loss) for the period9904 | €15,023 | €3,546 | ▼ 76.4% |
| Profit (loss) for the period to be appropriated9905 | €15,023 | €3,546 | ▼ 76.4% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €45,424 | €57,796 | ▲ 27.2% |
| Current assets29/58 | €45,424 | €57,796 | ▲ 27.2% |
| Amounts receivable within one year40/41 | €36,255 | €45,900 | ▲ 26.6% |
| Trade receivables40 | €20,998 | €19,694 | ▼ 6.2% |
| Other amounts receivable41 | €15,256 | €26,206 | ▲ 71.8% |
| Cash at bank and in hand54/58 | €9,169 | €11,896 | ▲ 29.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €45,424 | €57,796 | ▲ 27.2% |
| Equity10/15 | €12,308 | €15,854 | ▲ 28.8% |
| Profit (loss) carried forward14 | €12,308 | €15,854 | ▲ 28.8% |
| Amounts payable17/49 | €33,116 | €41,942 | ▲ 26.7% |
| Amounts payable within one year42/48 | €33,116 | €35,088 | ▲ 6.0% |
| Trade debts44 | - | €1,978 | - |
| Suppliers440/4 | - | €1,978 | - |
| Taxes, remuneration and social security45 | €18,616 | €24,198 | ▲ 30.0% |
| Taxes450/3 | €18,616 | €24,198 | ▲ 30.0% |
| Other amounts payable47/48 | €14,500 | €8,911 | ▼ 38.5% |
| Accrued charges and deferred income492/3 | - | €6,854 | - |