TK BUILDING
ActiveSummary
The computed 12-month bankruptcy probability of TK BUILDING is 1.6% (moderate). The 2025 annual accounts show equity of €71,475 and a net result of €38,406. Equity has been growing by about 47% per year since 2021. Its solvency ranks better than 19% of 9,396 sector peers (NACE 41, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 25-11-2020 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 4 others
- Establishment units
- 2.309.986.803 2380 Ravels, since 25-11-2020
- 2.391.428.595 2380 Ravels, since 12-08-2026
- Financial year end
- 31 December
- Peppol
- Reachable since 29-07-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.6%
- Gross margin
- €90,184
- Turnover
- ≈ €470,000
- estimated
- Profit
- €38,406
- Equity
- €71,475
- ▲ 116%
- Total assets
- €679,586
- ▲ 67.9%
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2020Equity €71,475 (10.5% of total assets)lowers riskSize: total assets €679,586Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 19% of them on solvency, 22% on liquidity, 48% on profitability and 90% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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
The company filed its last 5 accounts on average on the deadline day. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-07-2026 at the NBB all 5 filings
Every figure per financial year
The operating result for 2025 is a profit of €52,937, after a loss of €29,563 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €25,669 | €11,500 | - | €35,000 | €245,665 |
| Depreciation and write-downs of the year | €5,064 | €5,550 | €7,434 | €11,063 | €16,451 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,064 | €5,550 | €7,434 | €11,063 | €16,451 | ▲ 48.7% |
| Other operating charges640/8 | €6,672 | €815 | €10,090 | €8,085 | €20,796 | ▲ 157% |
| Gross operating margin9900 | €12,856 | €15,828 | €92,626 | -€10,415 | €90,184 | - |
| Operating profit (loss)9901 | €1,120 | €9,464 | €75,102 | -€29,563 | €52,937 | - |
| Financial income75/76B | €262 | €942 | €263 | €129 | €58 | ▼ 55.2% |
| Recurring financial income75 | €262 | €942 | €263 | €129 | €58 | ▼ 55.2% |
| Financial charges65/66B | €622 | €1,413 | €6,490 | €1,203 | €12,182 | ▲ 913% |
| Recurring financial charges65 | €622 | €1,413 | €6,490 | €1,203 | €12,182 | ▲ 913% |
| Profit (loss) for the period before taxes9903 | €761 | €8,993 | €68,876 | -€30,637 | €40,813 | - |
| Income taxes67/77 | €2,200 | €1,950 | €11,784 | -€10 | €2,407 | - |
| Profit (loss) for the period9904 | -€1,439 | €7,043 | €57,092 | -€30,627 | €38,406 | - |
| Profit (loss) for the period to be appropriated9905 | -€1,439 | €7,043 | €57,092 | -€30,627 | €38,406 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €190,653 | €241,104 | €97,681 | €404,691 | €679,586 | ▲ 67.9% |
| Fixed assets21/28 | €20,605 | €26,555 | €19,121 | €34,275 | €263,488 | ▲ 669% |
| Tangible fixed assets22/27 | €20,605 | €26,555 | €19,121 | €34,275 | €263,488 | ▲ 669% |
| Land and buildings22 | - | - | - | - | €238,346 | - |
| Plant, machinery and equipment23 | €3,346 | €13,665 | €10,600 | €1,050 | €1,845 | ▲ 75.6% |
| Furniture and vehicles24 | €17,259 | €12,890 | €8,522 | €33,224 | €23,298 | ▼ 29.9% |
| Current assets29/58 | €170,048 | €214,549 | €78,560 | €370,416 | €416,098 | ▲ 12.3% |
| Stocks and contracts in progress3 | €150,000 | €198,008 | €0 | €105,000 | €0 | ▼ 100% |
| Stocks30/36 | €150,000 | €150,000 | €0 | €105,000 | €0 | ▼ 100% |
| Contracts in progress37 | - | €48,008 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €4,865 | €0 | €7,286 | €187,854 | €40,863 | ▼ 78.2% |
| Trade receivables40 | €857 | €0 | - | €187,456 | €25,515 | ▼ 86.4% |
| Other amounts receivable41 | €4,008 | €0 | €7,286 | €399 | €15,348 | ▲ 39× |
| Cash at bank and in hand54/58 | €15,183 | €16,541 | €69,933 | €56,385 | €36,234 | ▼ 35.7% |
| Deferred charges and accrued income490/1 | - | - | €1,341 | €21,177 | €339,000 | ▲ 16× |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €190,653 | €241,104 | €97,681 | €404,691 | €679,586 | ▲ 67.9% |
| Equity10/15 | -€439 | €6,604 | €63,695 | €33,069 | €71,475 | ▲ 116% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | - | €5,604 | €62,695 | €62,695 | €70,475 | ▲ 12.4% |
| Distributable reserves133 | - | €5,604 | €62,695 | €62,695 | €70,475 | ▲ 12.4% |
| Profit (loss) carried forward14 | -€1,439 | €0 | - | -€30,627 | €0 | - |
| Amounts payable17/49 | €191,092 | €234,501 | €33,986 | €371,622 | €608,112 | ▲ 63.6% |
| Amounts payable after more than one year17 | €133,497 | €129,069 | €4,571 | €141,907 | €214,397 | ▲ 51.1% |
| Financial debts170/4 | €133,497 | €129,069 | €4,571 | €141,907 | €214,397 | ▲ 51.1% |
| Amounts payable within one year42/48 | €57,595 | €105,432 | €29,415 | €229,715 | €393,006 | ▲ 71.1% |
| Current portion of amounts payable after more than one year42 | €4,358 | €4,428 | €5,331 | €59,496 | €121,473 | ▲ 104% |
| Financial debts43 | - | €35,000 | €0 | - | - | - |
| Credit institutions430/8 | - | €35,000 | €0 | - | - | - |
| Trade debts44 | €3,904 | €13,084 | €1,506 | €0 | €9,674 | - |
| Suppliers440/4 | €3,904 | €13,084 | €1,506 | €0 | €9,674 | - |
| Advances received on contracts in progress46 | - | - | - | - | €21,497 | - |
| Taxes, remuneration and social security45 | €1,029 | €3,539 | €22,579 | €1,364 | €4,532 | ▲ 232% |
| Taxes450/3 | €1,029 | €3,539 | €22,579 | €1,364 | €3,332 | ▲ 144% |
| Remuneration and social security454/9 | - | - | - | - | €1,200 | - |
| Other amounts payable47/48 | €48,304 | €49,381 | €0 | €168,854 | €235,830 | ▲ 39.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | €709 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,439 | €7,043 | €57,092 | -€30,627 | €38,406 | - |
| + Depreciation and write-downs630 | €5,064 | €5,550 | €7,434 | €11,063 | €16,451 | ▲ 48.7% |
| Operating cash flow (approximation) | €3,625 | €12,592 | €64,526 | -€19,564 | €54,857 | - |
| Investment in fixed assets (approximation) | - | -€11,500 | €0 | -€26,216 | -€245,665 | ▼ 837% |
| Change in cash | - | €1,357 | €53,392 | -€13,548 | -€20,150 | ▼ 48.7% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,684 companies had the same profile as TK BUILDING has now. Two years later, 97.3% were still going and 1.3% had gone bankrupt.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TK BUILDING itself: 1.6% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,684 companies, not a prediction for TK BUILDING. 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.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00358524 | |
| 31-12-2024 | micro format | 10-07-2025 | 2025-00266977 | |
| 31-12-2023 | micro format | 23-07-2024 | 2024-00289604 | |
| 31-12-2022 | micro format | 24-08-2023 | 2023-00371322 | |
| 31-12-2021 | micro format | 08-08-2022 | 2022-20281626 |
Board & ownership
Directors
Owners and capital
Owners
Network & group
TK BUILDING shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of TK BUILDING. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0758.748.747
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13035C0002/00N007 | Flanders | 4,224 m² | 1 · 400 m² | 7.7 m · 1 |
| 13035C0102/00T000 | Flanders | 602 m² | 1 · 135 m² | 9.1 m · 2 |