TL CONSTRUCT
ActiveSummary
TL CONSTRUCT has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of -€64,100. Equity has been growing by about 13% per year since 2018. Its solvency ranks better than 70% of 34,954 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Official details
Source: KBO- Status
- Active since 06-06-2002 Normal situation
- Activity
- General electrical installation work NACE 43211and 2 others
- Establishment unit
- 2.114.717.487 3380 Glabbeek, since 17-12-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 04-02-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
- Gross margin
- €38,984
- ▼ 77.7%
- Turnover
- ≈ €180,000
- estimated
- Loss
- €64,100
- Equity
- €1.3m
- ▼ 4.7%
- Total assets
- €2.0m
- ▲ 12.1%
- 2025 accounts filed 26 days after the deadline
Score breakdownraises riskLiquidity: current ratio 0.18, cash €1,759Sector: Specialised construction activities (NACE 43)lowers riskFounded in 2002Size: total assets €2.0mShow the evidence
Checked score
About 5 in 1,000 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 43, micro). It does better than 71% of them on solvency, 34% on liquidity, 31% on profitability and 29% on growth.
The bankruptcy probability was computed on 03-11-2026 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).
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Signals
The company filed its last 7 accounts on average on the deadline day. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Legal-form change · Resignations & appointmentsChange of role: BOESMANS Luc, from manager to director
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as TL CONSTRUCT: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €1.4m and €2.2m, founded between 1996 and 2009.
| Company | Total assets | Gross margin |
|---|---|---|
| TL CONSTRUCT Glabbeek | €2.0m | €0.04m |
| M-Projects Herent | €2.2m | €0.04m |
| BUSINESS & PROJECT SERVICES Bonheiden | €2.1m | €0.06m |
| ECO6 Clavier | €1.9m | €0.03m |
| LEDEA LIGHT Sint-Joost-ten-Node | €1.7m | €0.04m |
| TELCOM GROENE ENERGIE Hulshout | €1.4m | €0.03m |
| NOPPE JOHNNY Ledegem | €1.4m | €0.05m |
Key facts about TL CONSTRUCT
- What is the company number of TL CONSTRUCT?
- The company number of TL CONSTRUCT is 0477.701.739. The VAT number is the same number with BE in front: BE 0477.701.739.
- Where is TL CONSTRUCT based?
- The registered office is at Ruekenbosstraat 9, 3380 Glabbeek.Company details
- What does TL CONSTRUCT do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of TL CONSTRUCT?
- The legal form of TL CONSTRUCT is Private limited company (BV).
- When was TL CONSTRUCT founded?
- TL CONSTRUCT was founded on 06-06-2002.
- Is TL CONSTRUCT still active?
- Yes, TL CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of TL CONSTRUCT?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €38,984 and 45 comparable companies (NACE 43211). It probably lies between €130,000 and €280,000.Financials
- Is TL CONSTRUCT profitable?
- In financial year 2025, TL CONSTRUCT made a loss of €64,100.
- Where can I find the annual accounts of TL CONSTRUCT?
- TL CONSTRUCT filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TL CONSTRUCT due?
- TL CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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