TIPRO CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of TIPRO CONSTRUCT is 2.6% (moderate). The 2024 annual accounts show equity of €15k and a net result of €666. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 57% of 36375 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability72▼-1
Solvency78▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 2.05 against 1.91 in 2023; short-term debt: 47.2% and cash: 38.9% of total assets), and 47.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
52.8%
Return on assets
2.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
25 d late
2022
31 d late
2021
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€15k▲ 4.6%
2023 · €15k
2021: €13klowest in 4 years
2022: €14k▲ +3.2% vs 2021
2023: €15k▲ +6.1% vs 2022
2024: €15k▲ +4.6% vs 2023highest in 4 years
2021 → 2024
Total assets
€29k▲ 11.9%
2023 · €26k
2021: €23klowest in 4 years
2022: €28k▲ +22.9% vs 2021
2023: €26k▼ -7.4% vs 2022
2024: €29k▲ +11.9% vs 2023highest in 4 years
2021 → 2024
Net result
€666▼ 21.0%
2023 · €842
2021: €7khighest in 4 years
2022: €421▼ -94.2% vs 2021lowest in 4 years
2023: €842▲ +100.0% vs 2022
2024: €666▼ -21.0% vs 2023
2021 → 2024
Working capital
€14k▲ 40.0%
2023 · €10k
2021: €821lowest in 4 years
2022: €6k▲ +655% vs 2021
2023: €10k▲ +65.2% vs 2022
2024: €14k▲ +40.0% vs 2023highest in 4 years
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€13k-€14k▲ 3.2%€15k▲ 6.1%€15k▲ 4.6%
2021: €13klowest in 4 years
2022: €14k▲ +3.2% vs 2021
2023: €15k▲ +6.1% vs 2022
2024: €15k▲ +4.6% vs 2023highest in 4 years
Operating result€9k-€855▼ 90.2%€1k▲ 63.9%€1k▼ 13.1%
2021: €9khighest in 4 years
2022: €855▼ -90.2% vs 2021lowest in 4 years
2023: €1k▲ +63.9% vs 2022
2024: €1k▼ -13.1% vs 2023
Net result€7k-€421▼ 94.2%€842▲ 100.0%€666▼ 21.0%
2021: €7khighest in 4 years
2022: €421▼ -94.2% vs 2021lowest in 4 years
2023: €842▲ +100.0% vs 2022
2024: €666▼ -21.0% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 13% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €29k
Fixed assets
€893 ▼ 79.3%
Current assets
€28k ▲ 30.3%
Equity and liabilities €29k
Equity
€15k ▲ 4.6%
Debt
€14k ▲ 21.4%
Debt's share of the balance-sheet total rises from 43.6% to 47.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5k▼
2023 · €6k
Cash flow
€4k▼
2023 · €5k
Current ratio
2.05▲
2023 · 1.91
Debt to equity
0.90▲
2023 · 0.77
ROE
4.4%▼
2023 · 5.8%
ROA
2.3%▼
2023 · 3.3%
Interest coverage
13.24▼
2023 · 15.31
Debt ≤ 1 year
€14k▲
2023 · €11k
Income taxes
€202▲
2023 · €190
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet
Code20232024
Assets
Total assets20/58€26k€29k▲
Fixed assets21/28€4k€893▼
Tangible fixed assets22/27€4k€512▼
Plant, machinery and equipment23€4k€512▼
Financial fixed assets28€381€381=
Current assets29/58€21k€28k▲
Amounts receivable within one year40/41€15k€15k▼
Trade receivables40€14k€14k▼
Other amounts receivable41€926€979▲
Cash at bank and in hand54/58€6k€11k▲
Deferred charges and accrued income490/1€677€2k▲
Equity and liabilities
Total equity and liabilities10/49€26k€29k▲
Equity10/15€15k€15k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€9k€9k▲
Amounts payable17/49€11k€14k▲
Amounts payable within one year42/48€11k€14k▲
Trade debts44€829€3k▲
Suppliers440/4€829€3k▲
Taxes, remuneration and social security45€10k€10k▲
Taxes450/3€190€202▲
Remuneration and social security454/9€10k€10k=
Other amounts payable47/48€152€152=
Income statement
Code20232024
Non-recurring operating income76A-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€317€231▼
Gross operating margin9900€6k€5k▼
Operating profit (loss)9901€1k€1k▼
Financial charges65/66B€369€351▼
Recurring financial charges65€369€351▼
Profit (loss) for the period before taxes9903€1k€867▼
Income taxes67/77€190€202▲
Profit (loss) for the period9904€842€666▼
Profit (loss) for the period to be appropriated9905€842€666▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€9k▲
Profit (loss) brought forward from the previous period14P€8k€9k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €5k | €4k | €3k | ▼ 19.4% |
| Other operating charges640/8 | €282 | €292 | €317 | €231 | ▼ 27.1% |
| Gross operating margin9900 | €10k | €6k | €6k | €5k | ▼ 18.3% |
| Operating profit (loss)9901 | €9k | €855 | €1k | €1k | ▼ 13.1% |
| Financial income75/76B | €1 | €3 | - | - | - |
| Recurring financial income75 | €1 | €3 | - | - | - |
| Financial charges65/66B | €254 | €323 | €369 | €351 | ▼ 5.0% |
| Recurring financial charges65 | €254 | €323 | €369 | €351 | ▼ 5.0% |
| Profit (loss) for the period before taxes9903 | €8k | €535 | €1k | €867 | ▼ 16.0% |
| Income taxes67/77 | €1k | €114 | €190 | €202 | ▲ 6.2% |
| Profit (loss) for the period9904 | €7k | €421 | €842 | €666 | ▼ 21.0% |
| Profit (loss) for the period to be appropriated9905 | €7k | €421 | €842 | €666 | ▼ 21.0% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €23k | €28k | €26k | €29k | ▲ 11.9% |
| Fixed assets21/28 | €12k | €8k | €4k | €893 | ▼ 79.3% |
| Tangible fixed assets22/27 | €12k | €7k | €4k | €512 | ▼ 87.0% |
| Plant, machinery and equipment23 | €10k | €7k | €4k | €512 | ▼ 87.0% |
| Furniture and vehicles24 | €2k | €625 | - | - | - |
| Financial fixed assets28 | €354 | €354 | €381 | €381 | = |
| Current assets29/58 | €10k | €20k | €21k | €28k | ▲ 30.3% |
| Amounts receivable within one year40/41 | €4k | €11k | €15k | €15k | ▼ 4.6% |
| Trade receivables40 | €2k | €10k | €14k | €14k | ▼ 5.2% |
| Other amounts receivable41 | €2k | €1k | €926 | €979 | ▲ 5.7% |
| Cash at bank and in hand54/58 | €6k | €8k | €6k | €11k | ▲ 102% |
| Deferred charges and accrued income490/1 | €682 | €2k | €677 | €2k | ▲ 223% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €23k | €28k | €26k | €29k | ▲ 11.9% |
| Equity10/15 | €13k | €14k | €15k | €15k | ▲ 4.6% |
| Contributions10/11 | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €7k | €8k | €9k | €9k | ▲ 7.8% |
| Amounts payable17/49 | €9k | €14k | €11k | €14k | ▲ 21.4% |
| Amounts payable within one year42/48 | €9k | €14k | €11k | €14k | ▲ 21.4% |
| Trade debts44 | €7k | €5k | €829 | €3k | ▲ 288% |
| Suppliers440/4 | €7k | €5k | €829 | €3k | ▲ 288% |
| Taxes, remuneration and social security45 | €2k | €9k | €10k | €10k | ▲ 0.1% |
| Taxes450/3 | €1k | €336 | €190 | €202 | ▲ 6.2% |
| Remuneration and social security454/9 | €979 | €8k | €10k | €10k | = |
| Other amounts payable47/48 | - | - | €152 | €152 | = |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €421 | €842 | €666 | ▼ 21.0% |
| + Depreciation and write-downs630 | €1k | €5k | €4k | €3k | ▼ 19.4% |
| Operating cash flow (approximation) | €9k | €5k | €5k | €4k | ▼ 19.7% |
| Investment in fixed assets (approximation) | - | €0 | €-1k | €0 | ▲ 100% |
| Change in cash | - | €2k | €-2k | €6k | ▲ 353% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 25 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €421 ▼94.2%
Net result drops to €421, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Dilbeek · 1 establishment unit since 2020
Ground area
4,983 m²
Building footprint
2,317 m²
Parcel 23026A0132/00G006, Flanders. Linked by address, not a title deed.
104
companies at this address
See who is registered here
1 establishment unit
TIPRO CONSTRUCT
since 20202.306.704.738
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23026A0132/00G006 | Flanders | 4,983 m² | 1 · 2,316 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 607 companies in sector 43130 we hold annual accounts for 302. 159 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43130Specialised construction activities
43320Joinery installation
43331Floor and wall tiling
43990Other specialised construction activities
81210General cleaning of buildings
Scores and ratios are computed by Checked and are not a credit decision.