Tiva Construct
ActiveThe computed 12-month bankruptcy probability of Tiva Construct is 1.7% (moderate). The 2025 annual accounts show equity of €49k and a net result of €3k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 68% of 2028 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
96
/ 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability21▲+6
Solvency98▲+1
Growth72▼-3
Stability100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.3 against 2.15 in 2024), and 43.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
56.8%
Return on assets
3%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
1 d early
2022
21 d early
2021
20 d early
2020
5 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€312k▼ 3.8%
2024 · €325k
2019: €190k
2020: €200k
2021: €276k
2022: €318k
2023: €230k
2024: €325k
2019 → 2025
EBIT margin
1.1%▲ 0.5pp
2024 · 0.6%
2019: 0.9%
2020: -0.6%
2021: 1.5%
2022: 1.4%
2023: 1.1%
2024: 0.6%
2019 → 2025
Net result
€3k▲ 313%
2024 · €637
2019: €592
2020: €348
2021: €3k
2022: €3k
2023: €2k
2024: €637
2019 → 2025
Working capital
€49k▲ 6.4%
2024 · €46k
2019: €14k
2020: €19k
2021: €27k
2022: €28k
2023: €35k
2024: €46k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€276k-€318k▲ 15.1%€230k▼ 27.6%€325k▲ 40.9%€312k▼ 3.8%
Equity€37k-€40k▲ 8.3%€41k▲ 4.6%€46k▲ 12.2%€49k▲ 5.7%
Operating result€4k-€4k▲ 2.9%€3k▼ 40.2%€2k▼ 26.0%€3k▲ 70.4%
Net result€3k-€3k▼ 2.6%€2k▼ 39.9%€637▼ 65.2%€3k▲ 313%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 70% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €86k
Fixed assets
€360▼ 45.1%
Current assets
€86k▲ 0.6%
Equity and liabilities €86k
Equity
€49k▲ 5.7%
Debt
€37k▼ 6.0%
The debt ratio falls from 46.1% to 43.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€4k▼
2024 · €7k
Cash flow
€3k▼
2024 · €6k
Solvency
56.8%▲
2024 · 53.9%
Current ratio
2.30▲
2024 · 2.15
Quick ratio
2.30▲
2024 · 2.15
Debt / equity
0.76▼
2024 · 0.86
ROE
5.4%▲
2024 · 1.4%
ROA
3.0%▲
2024 · 0.7%
Interest coverage
19.21▲
2024 · 16.52
Debt
€37k▼
2024 · €40k
Debt ≤ 1 year
€37k▼
2024 · €40k
Income taxes
€584▼
2024 · €863
Staff costs
€1k▲
2024 · €714
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€86k€86k▲
Fixed assets21/28€656€360▼
Tangible fixed assets22/27€296-
Plant, machinery and equipment23€296-
Financial fixed assets28€360€360=
Current assets29/58€86k€86k▲
Amounts receivable within one year40/41€67k€77k▲
Trade receivables40€61k€71k▲
Other amounts receivable41€5k€6k▲
Current investments50/53-€9k
Cash at bank and in hand54/58€19k-
Equity and liabilities
Total equity and liabilities10/49€86k€86k▲
Equity10/15€46k€49k▲
Contributions10/11€11k€11k=
Capital10€11k-
Issued capital100€19k-
Uncalled capital101€8k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€34k€37k▲
Amounts payable17/49€40k€37k▼
Amounts payable within one year42/48€40k€37k▼
Trade debts44€19k€17k▼
Suppliers440/4€19k€17k▼
Bills of exchange payable441€378-
Taxes, remuneration and social security45€2k€2k▲
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€19k€18k▼
Income statement
Code20242025
Turnover70€325k€312k▼
Goods, raw materials, services and sundry goods60/61€315k€306k▼
Remuneration, social security and pensions62€714€1k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€296▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€10k€6k▼
Operating profit (loss)9901€2k€3k▲
Financial income75/76B€0€82▲
Recurring financial income75€0€82▲
Financial charges65/66B€447€188▼
Recurring financial charges65€447€188▼
Profit (loss) for the period before taxes9903€1k€3k▲
Income taxes67/77€863€584▼
Profit (loss) for the period9904€637€3k▲
Profit (loss) for the period to be appropriated9905€637€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€34k€37k▲
Profit (loss) brought forward from the previous period14P€33k€34k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
10-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
11-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
Financial
Highest result since 2019net €3k ▲797%
Net result €3k, the highest in the series.
05-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 5 days late
2020
30-06
Financial
Weakest financial yearnet €348 ▼41.2%
Net result drops to €348, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
22-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
10-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Sint-Agatha-Berchem · 1 establishment unit since 2014
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.
Groot-Bijgaardenstraat 3091082 Sint-Agatha-BerchemGround area
152 m²
Building footprint
76 m²
Volume, LiDAR
814 m³
Parcel 21003A0116/00X008, Brussels · tallest building 14.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Groot-Bijgaardenstraat 309, 1082 Sint-Agatha-Berchem
since 20142.228.624.983
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21003A0116/00X008 | Brussels | 152 m² | 1 · 76 m² | 14.4 m · 4 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
RSC CONSTRUCT
BE 0758.539.010
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ALPIBAT
BE 0589.923.019
Andenne · Eq €49k
Safciu Construct
BE 0820.492.910
Charleroi · Eq €49k
CAR-IMMO SPRL
BE 0687.884.309
Estaimpuis · Eq €49k
GEOMAR SERVICES
BE 0675.484.739
Dilbeek · Eq €49k
Of 15,434 companies in sector 43990 we hold annual accounts for 7,355. 6,023 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-03-2014
Fiscal year end30-06
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
53200Other postal and courier activities
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:tivaconstruct@gmail.com