TKO Construct
ActiveSummary
The computed 12-month bankruptcy probability of TKO Construct is 2.5% (moderate). The 2024 annual accounts show equity of €36,911 and a net result of €36,811. Its solvency ranks better than 77% of 7,408 sector peers (NACE 43, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €36,911
- Profit
- €36,811
Why 55raises riskFigures for financial year 2024 (filed 01-10-2025)Founded in 20241 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 2.97, cash €23,908Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 72% on solvency, 83% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 26-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its 2024 accounts 61 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · abbreviated…
- IncorporationAppointments: OLOTA Tomasz Grzegorz (director)…
Financials · financial year 2024, abbreviated format
2024 annual accounts filed late (61 days) Filed on 30 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00521454.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 |
|---|---|
| Other operating charges640/8 | €568 |
| Gross operating margin9900 | €47,769 |
| Operating profit (loss)9901 | €47,202 |
| Financial income75/76B | €458 |
| Recurring financial income75 | €458 |
| Financial charges65/66B | €236 |
| Recurring financial charges65 | €236 |
| Profit (loss) for the period before taxes9903 | €47,423 |
| Income taxes67/77 | €10,613 |
| Profit (loss) for the period9904 | €36,811 |
| Profit (loss) for the period to be appropriated9905 | €36,811 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €55,623 | |
| Current assets29/58 | €55,623 | |
| Amounts receivable within one year40/41 | €30,978 | |
| Trade receivables40 | €12,700 | |
| Other amounts receivable41 | €18,278 | |
| Cash at bank and in hand54/58 | €23,908 | |
| Deferred charges and accrued income490/1 | €737 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €55,623 | |
| Equity10/15 | €36,911 | |
| Contributions10/11 | €100 | |
| Profit (loss) carried forward14 | €36,811 | |
| Amounts payable17/49 | €18,712 | |
| Amounts payable within one year42/48 | €18,712 | |
| Trade debts44 | €5,316 | |
| Suppliers440/4 | €5,316 | |
| Advances received on contracts in progress46 | €933 | |
| Taxes, remuneration and social security45 | €12,463 | |
| Taxes450/3 | €12,463 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €36,811 |
| Operating cash flow (approximation) | €36,811 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | abbreviated format | 30-09-2025 | 2025-00521454 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| OLOTA Katarzyna |
|
| OLOTA Tomasz Grzegorz |
|
Owners and capital
Capital and shareholders
- OLOTA Tomasz Grzegorz 50 shares (50%)
- OLOTA Katarzyna 50 shares (50%)
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 07-02-2024 Incorporation · €100 · 100 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
07-02
Gazette deed
IncorporationAppointments: OLOTA Tomasz Grzegorz (director) and OLOTA Katarzyna (director) · Founder · Founding capital7 facts ▸
- Founder, OLOTA Tomasz Grzegorz
- Founder, OLOTA Katarzyna
- Incorporation, “TKO Construct” (deed in Dutch)
- Founding capital, €100
- Bank account, “bewaard in dossier notaris, inbrengen in geld voorafgaandelijk aan de oprichting gedeponeerd” (deed in Dutch)
- Director appointment, OLOTA Tomasz Grzegorz (director (not named in the articles))
- Director appointment, OLOTA Katarzyna (director (not named in the articles))
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 1005.596.228
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71024C0981/00A002 | Flanders | 446 m² | 1 · 78 m² | 8.4 m · 2 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- TKO Construct
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen in België of in het buitenland, Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, algemene vergadering” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Monday of June at 16:00