TJ CONSTRUCT

Active

Private limited companyfounded 20215 yrs activeMechelsesteenweg 151, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0766.476.182

The computed 12-month bankruptcy probability of TJ CONSTRUCT is 2.4% (moderate). The 2024 annual accounts show equity of €38k and a net result of €27k. Equity is growing by ~106.2% per year across the filed fiscal years. Its solvency ranks better than 85% of 36373 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

75 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+2

Solvency100▲+25

Growth85▲+7

Track record94

Bankruptcy probability, 12 months

2.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €2.5k at 30 days acceptable

Liquidity ample (current ratio 4.61 against 1.63 in 2023; short-term debt: 21.1% and cash: 14% of total assets), and 21.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

57 d late

2023

41 d late

2022

119 d late

2021

31 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover

€152k▲ 164%

2021 · €58k

2021: €58k

2021 → 2024

EBIT margin

22.4%▲ 21.6pp

2021 · 0.8%

2021: 0.8%

2021 → 2024

Net result

€27k▲ 394%

2023 · €5k

2021: €294 2022: €3k 2023: €5k

2021 → 2024

Working capital

€37k▲ 407%

2023 · €7k

2021: €3k 2022: €-1k 2023: €7k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Turnover€58k-€152k

Equity€3k-€6k▲ 86.8%€12k▲ 87.8%€38k▲ 231%

Operating result€440-€4k▲ 725%€6k▲ 79.1%€34k▲ 425%

Net result€294-€3k▲ 874%€5k▲ 88.9%€27k▲ 394%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen three years in a row; 2024 is 425% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €48k

97.2%

Fixed assets €1k▼ 68.2%

Current assets €47k▲ 150%

Equity and liabilities €48k

78.9%

21.1%

Equity €38k▲ 231%

Debt €10k▼ 11.6%

The debt ratio falls from 50.0% to 21.1%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€37k▲

2023 · €10k

Cash flow

€30k▲

2023 · €8k

Solvency

78.9%▲

2023 · 50.0%

Current ratio

4.61▲

2023 · 1.63

Quick ratio

4.61▲

2023 · 1.63

Debt / equity

0.27▼

2023 · 1.00

ROE

69.8%▲

2023 · 46.8%

ROA

55.1%▲

2023 · 23.4%

Interest coverage

153.31▲

2023 · 116.11

Debt

€10k▼

2023 · €12k

Debt ≤ 1 year

€10k▼

2023 · €12k

Income taxes

€9k▲

2023 · €1k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€23k€48k▲

Fixed assets21/28€4k€1k▼

Tangible fixed assets22/27€4k€1k▼

Plant, machinery and equipment23€4k€1k▼

Furniture and vehicles24€134-

Current assets29/58€19k€47k▲

Amounts receivable within one year40/41€16k€40k▲

Trade receivables40€817€7k▲

Other amounts receivable41€15k€33k▲

Cash at bank and in hand54/58€3k€7k▲

Deferred charges and accrued income490/1€176-

Equity and liabilities

Total equity and liabilities10/49€23k€48k▲

Equity10/15€12k€38k▲

Contributions10/11€3k€3k=

Profit (loss) carried forward14€9k€35k▲

Amounts payable17/49€12k€10k▼

Amounts payable within one year42/48€12k€10k▼

Trade debts44€2k-

Suppliers440/4€2k-

Advances received on contracts in progress46€6k-

Taxes, remuneration and social security45€3k€10k▲

Taxes450/3€3k€10k▲

Income statement Code20232024

Turnover70-€152k

Goods, raw materials, services and sundry goods60/61-€114k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼

Other operating charges640/8€2k€1k▼

Gross operating margin9900€11k€39k▲

Operating profit (loss)9901€6k€34k▲

Financial income75/76B-€1k

Recurring financial income75-€1k

Financial charges65/66B€82€241▲

Recurring financial charges65€82€241▲

Profit (loss) for the period before taxes9903€6k€35k▲

Income taxes67/77€1k€9k▲

Profit (loss) for the period9904€5k€27k▲

Profit (loss) for the period to be appropriated9905€5k€27k▲

Appropriation of the result

Profit (loss) to be appropriated9906€9k€35k▲

Profit (loss) brought forward from the previous period14P€3k€9k▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Financial 2Filings 4

2025

26-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 57 days late

2024

31-12

Financial Highest result since 2021net €27k ▲394%

Operating result €34k, net result €27k, both a record.

31-12

Financial Liquidity triplescurrent ratio 4.61

Current ratio from 1.63 to 4.61; short-term debt falls from €12k to €10k.

10-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 41 days late

2023

27-11

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 119 days late

2022

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.

Directors · office · real estate

Directors

3 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, Vilvoorde · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Mechelsesteenweg 1511800 Vilvoorde

Ground area

378 m²

Building footprint

213 m²

Volume, LiDAR

2,756 m³

2 parcels, Brussels, Flanders · tallest building 17.7 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

Chazallaan 169, 1030 Schaarbeek

General construction of buildings

since 20212.316.382.566

2 parcels

Flanders 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
23643E0027/00Z003	Flanders	196 m²	1 · 84 m²	12.3 m · 3 fl.
21904B0485/00A002	Brussels	182 m²	1 · 129 m²	17.7 m · 5 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels 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

Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,911 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded08-04-2021

Fiscal year end31-12

Activities, NACEBEL

43990Other specialised construction activities

43999Specialised construction activities

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.