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TMA CONSTRUCT

Active Private limited companyfounded 2015active for 11 yearsde Broquevillelaan 194, 1200 Woluwe-Saint-LambertKBO/BCE: BE 0635.970.701
TMA CONSTRUCT
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Overview

Lifetime

10 annual accounts with figures on one time axis
peak €68,245 (2021)
€15,041▲ 195%
lowest -€53,623 (2019)
€12,130▲ 12×
peak €37,648 (2021)
€30,925▲ 64.5%
€105,128▲ 24.9%
Board3 names since 2015
3 directors and 2 others
Documentsfilings and deeds
18-09-202649 days late
2025micro format
Gross margin from €5,097 to €15,041Result from €1,016 to €12,130Equity from €18,795 to €30,925Debts from €84,183 to €105,128Investments €31,737Cash from €22,745 to €80,892

Key points

from the 2025 annual accounts

Equity

€30,925 ▲ 64.5%

TMA CONSTRUCT has made a profit without a break since 2023.

Turnover

≈ €150,000 estimated

The accounts state no turnover.

Debts

€105,128 77% of the balance sheet
Financial debts 17%Suppliers 67%Taxes and wages 10%Other 7%

Of this, €87,179 falls due within a year.

Investments

€31,737 5.3 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Filings

10 annual accounts 10 late
AprilJune31 JulyOctober20202025

The 2019 accounts came latest: 112 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,053 companies had the same profile as TMA CONSTRUCT has now. Each dot stands for 13 companies, two years later.

95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 10 to 20 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.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 5,053 companies, not a prediction for TMA CONSTRUCT. 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.

Credit verdict

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

Board and ownership

Manager
Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0635970701
Changes of role: (director) and (director) Director discharge: · Director discharge: · General meeting of 21-12-2023 · Gazette deed
Registered office moved within Woluwe-Saint-Lambert New registered office: Avenue de Broqueville 194 bte 0.1, 1200 Woluwe-Saint-Lambert · Previous registered office: Avenue Victor Gilsoul 64 Boîte 11, 1200 Woluwe-Saint-Lambert · General meeting of 31-05-2022 · Gazette deed
Appointment: (manager) General meeting of 27-03-2018 · Gazette deed
All 21 events

Comparable companies

same main activity, similar in size and age
Company
TMA CONSTRUCT Woluwe-Saint-Lambert €136,054 €15,041 22.7% -
FC Projects Hasselt €140,916 €16,182 88.9% -
KUMAS Genk €115,110 €13,882 57.1% -
CASA DOLORES Brussels €99,453 €14,874 78.4% -
BEST 4 U Anderlecht €181,913 €19,130 82.7% -
G-LOG Manage €141,661 €11,263 80.3% -
LOVILEN Ninove €108,125 €11,892 33.3% -

These companies have the same main activity as TMA CONSTRUCT: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €99,500 and €182,000, founded between 2014 and 2017.

Official details

Source: KBO
Status
Active since 02-09-2015Normal situation
Registered office
19 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 12 November 2026.
Activity
Other building finishing workNACE 43350and 3 others
Establishment unit
2.247.047.3621200 Woluwe-Saint-Lambert, since 02-09-2015
Financial year end
31 December
Peppol
Reachable since 13-05-2026
Company details

Annual accounts 2025

€15,041▲ 195%
€12,130▲ 12×
€30,925▲ 64.5%
€136,054▲ 32.1%
Filing
Filed on 18-09-2026
Financials

Insights on TMA CONSTRUCT

TMA CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €20,925 in 2016 to €15,041 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 18-09-2026, 49 days late
€15,041
▲ 195%
€7,958
▲ 397%
€12,130
▲ 12×
€19,179
▼ 24.5%
22.7%
▲ 4.5 percentage points
1.22
▼ 0.12

The turnover shown is an estimate from the gross margin.

Turnover ≈ €150,000. Estimated: probably between €87,000 and €320,000.

Balance sheet

balance sheet total €136,054 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

22.7%

Higher than 24% of 37,177 companies in 2025.

1.22

Higher than 30% of 36,472 companies in 2025.

8.9%

Higher than 56% of 36,707 companies in 2025.

TMA CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in specialised construction (NACE 43)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016
Balance sheet: assets
20/58 136,054102,97869,25370,10864,98243,13557,278185,93390,98061,090
21/28 29,6963,9032,9284,2914,2852,5301,8762,3152,3671,350
22/27 29,6963,9032,9284,2914,2852,5301,8762,3152,3671,350
23 361-693958545441,0411,6269901,350
24 29,3353,9032,8593,8973,4311,9868356891,377-
29/58 106,35899,07566,32565,81760,69740,60555,402183,61888,61359,740
40/41 17,32468,10359,04944,63634,00827,35544,323168,47267,52150,141
40 9,93565,90056,51241,47934,00818,09738,784156,79857,49248,443
41 7,3902,2032,5373,157-9,2585,53911,67410,0291,698
54/58 80,89222,7453,86515,62618,7909,9677,71913,05416,0228,451
490/1 8,1428,2273,4115,5547,8993,2833,3602,0925,0701,148
Balance sheet: equity and liabilities
10/49 136,054102,97869,25370,10864,98243,13557,278185,93390,98061,090
10/15 30,92518,79517,7799,22837,648-18,924-31,56422,05831,12320,610
10/11 6,5006,5006,5006,5006,5006,5006,5006,5006,5006,500
100 ------18,60018,60018,60018,600
101 ------12,10012,10012,10012,100
11 -----6,500----
1109/19 -----6,500----
13 1,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
130/1 ---1,8601,8601,860----
130 ------1,8601,8601,8601,860
1311 ---1,8601,8601,860----
133 1,8601,8601,860-------
14 22,56510,4359,41986829,288-27,284-39,92413,69822,76312,250
17/49 105,12884,18351,47460,88027,33462,06088,842163,87559,85740,480
17 17,949---------
170/4 17,949---------
42/48 87,17973,68331,97453,29221,33462,06088,842163,80359,85740,480
42 7,043---------
43 -------13--
430/8 -------13--
44 70,13560,82619,46240,14811,74654,58385,591153,67250,14226,921
440/4 70,13560,82619,46240,14811,74654,58385,591153,67250,14226,921
45 10,00112,85712,51213,1448,1189909375,4269,64513,489
450/3 10,00112,85710,51213,1448,1189909375,4269,64513,489
454/9 --2,000-------
47/48 ----1,4706,4872,3144,6927070
492/3 -10,50019,5007,5886,000--72--
Income statement
9900 15,0415,09712,609-22,99668,24515,664-47,68887224,24420,925
630 5,9442,1382,4412,2851,6281,0211,3271,1821,0491,570
640/8 1,1391,3607622,9284,4541,1564,3197,1636,5961,135
9901 7,9581,6009,405-28,20962,16213,488-53,334-7,47316,59918,220
75/76B 6,718447151751332488232911,046
75 6,718447151751332488232911,046
65/66B 1,2155285274825263756781,1371,256433
65 1,2155285274825263756781,1371,256433
9903 13,4611,5199,029-27,94161,66913,137-53,130-8,57815,43418,833
67/77 1,3315034784805,0964974934874,9214,723
9904 12,1301,0168,551-28,42156,57312,640-53,623-9,06510,51314,110
9905 12,1301,0168,551-28,42156,57312,640-53,623-9,06510,51314,110
Appropriation of the result
9906 22,56510,4359,41986829,288-27,284-39,92413,69822,76314,110
14P 10,4359,41986829,288-27,284-----
691/2 ---------1,860
6920 ---------1,860
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 18-09-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 49 days after the deadline. Filed on 18 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00515927.

Financial year Type Filed Reference Document
31-12-2025 micro format 18-09-2026 2026-00515927 PDF
31-12-2024 micro format 31-08-2025 2025-00458902 PDF
31-12-2023 micro format 30-09-2024 2024-00483965 PDF
31-12-2022 micro format 29-09-2023 2023-00470173 PDF
31-12-2021 micro format 29-09-2022 2022-20452488 PDF
31-12-2020 micro format 26-10-2021 2021-75000351 PDF
31-12-2019 micro format 20-11-2020 2020-72000004 PDF
31-12-2018 full format 30-09-2019 2019-67500204 PDF
31-12-2017 full format 04-09-2018 2018-62000257 PDF
31-12-2016 full format 10-10-2017 2017-66900180 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016
13,9023,73811,847-25,92563,79114,509-52,007-6,29117,64819,790
18,0743,15410,992-26,13658,20113,660-52,295-7,88311,56215,680
31,7373,1131,0782,2913,3841,6758881,1312,0662,920
58,14718,880-11,761-3,1648,8232,248-5,335-2,9687,571-
19,17925,39234,35112,52539,363-21,454-33,44019,81528,75619,260
22.7%18.3%25.7%13.2%57.9%-43.9%-55.1%11.9%34.2%33.7%
1.221.342.071.242.850.650.621.121.481.48
3.404.482.906.600.73--7.431.921.96
39.2%5.4%48.1%-308.0%150.3%---41.1%33.8%68.5%
8.9%1.0%12.3%-40.5%87.1%29.3%-93.6%-4.9%11.6%23.1%
11.447.0822.47-53.74over 100-----

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€31,737€3,113€1,078€2,291€3,384
€5,944€2,138€2,441€2,285€1,628

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on TMA CONSTRUCT

The operating result for 2025 is nearly 5 times that of 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 81.7% to 77.3%. Equity and debt are higher.

Board & ownership

Board

3 directors, last change in 2024
Manager
appointed by deed of 23-10-2018 term without a fixed end
listed in the 2025 annual accounts, filed on 18-09-2026
Director (not named in the articles)
appointed by deed of 12-03-2024
earlier manager, until 12-03-2024
listed in the 2025 annual accounts, filed on 18-09-2026
Director (not named in the articles)
appointed by deed of 12-03-2024 term without a fixed end
earlier manager, until 12-03-2024
listed in the 2025 annual accounts, filed on 18-09-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Pouvoirs de l'organe d'administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est attribuée…”
deed of 12-03-2024

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today

Director (not named in the articles)

Director (not named in the articles)

Manager
BoardEarliermandate already running before its first mention
Mandates as a list
    • Director (not named in the articles), from 02-10-2015 to date
    • Manager, until 12-03-2024
    • Director (not named in the articles), from 27-03-2018 to date
    • Manager, until 12-03-2024
    • Manager, appointed by deed of 23-10-2018, still in office

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€6,500
Source
2025 annual accounts

Articles of association

deed of 12-03-2024 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Wednesday of June at 18:00

Network & group

No group

TMA CONSTRUCT has no parent and no holdings in its annual accounts. TMA CONSTRUCT shares no director with another company.

At the same address

de Broquevillelaan 194, 1200 Woluwe-Saint-Lambert · 18 other companies
Henri Robert
registered office since 30-10-1936 · founded in 1936
 total assets €5.4m (2025)
0400.583.769
Gibro
registered office since 25-01-1983 · founded in 1983
 total assets €1.7m (2025)
0423.922.167
ANGLIMO
registered office since 29-12-1993 · founded in 1993
 total assets €962,431 (2025)
0451.898.452
RC² ARCHITECTES
registered office since 28-01-2005 · founded in 2005
 total assets €42,100 (2025)
0871.509.861
Barahaoua, Nadia (sole trader)
establishment since 01-07-2026
 founded in 2026
1038.695.596
Benbrik, Rachid (sole trader)
establishment since 29-02-2024
 founded in 2024
1011.332.193
21AM
registered office since 10-12-2022
 founded in 2022
0794.622.119
Marsala, Silvia (sole trader)
establishment since 01-04-2022
 founded in 2022
0893.222.223
Inaction Woluwe
registered office since 23-02-2011
 founded in 2011
0833.973.435
AIRSTREAM SPECIALS EUROPE
registered office since 19-07-1985
 founded in 1985
0427.612.919
and 8 more

Timeline

Timeline

21 events since 2015

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 49 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0635970701
2025
Annual accounts 2024 filed PDFmicro format · 31 days late
2024
Annual accounts 2023 filed PDFmicro format · 61 days late
Changes of role: (director) and (director)Director discharge: · Director discharge: · General meeting of 21-12-20238 points ▸
  • General meeting, 21-12-2023
  • Director resignation, (manager)
  • Director resignation, (manager)
  • Director discharge,
  • Director discharge,
  • Director appointment, (director (not named in the articles))
  • Director appointment, (director (not named in the articles))
  • Registered office clause, avenue de Broqueville 194, boîte 0.1, 1200 Woluwe-Saint-Lambert
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

2023
Back to profit net €8,551 The net result is €8,551, after one loss-making year.
Annual accounts 2022 filed PDFmicro format · 60 days late
2022
Annual accounts 2021 filed PDFmicro format · 60 days late
Registered office moved within Woluwe-Saint-LambertNew registered office: Avenue de Broqueville 194 bte 0.1, 1200 Woluwe-Saint-Lambert · Previous registered office: Avenue Victor Gilsoul 64 Boîte 11, 1200 Woluwe-Saint-Lambert · General meeting of 31-05-20222 points ▸
  • General meeting, 31-05-2022
  • Registered-office move, Avenue de Broqueville 194 bte 0.1, 1200 Woluwe-Saint-Lambert

Open the deed in the Belgian Official Gazette

2021
Highest result from 2016 to 2025 net €56,573 ▲348% The operating result of €62,162 and the net result of €56,573 are both a record.
Liquidity more than quadruples current ratio 2.85 The current ratio rises from 0.65 to 2.85. Short-term debt falls from €62,060 to €21,334.
Annual accounts 2020 filed PDFmicro format · 87 days late
2020
Back to profit net €12,640 The net result is €12,640, after 2 loss-making years.
Annual accounts 2019 filed PDFmicro format · 112 days late
2019
Weakest financial year net -€53,623 The net result drops to -€53,623, the lowest from 2016 to 2025. It recovers the following year.
Annual accounts 2018 filed PDFfull format · 61 days late
2018
Appointment: (manager)General meeting of 27-03-20182 points ▸
  • General meeting, 27-03-2018
  • Director appointment, (manager)
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Annual accounts 2017 filed PDFfull format · 35 days late
2017
Annual accounts 2016 filed PDFfull format · 71 days late
2015
Incorporation PDFpublished on 04-09-2015
First establishment Victor Gilsoullaan 64, Woluwe-Saint-Lambert

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 2 September 2015, TMA CONSTRUCT was incorporated.1 In 2022 the registered office moved to Woluwe-Saint-Lambert.2 Total assets went from €185,933 in 2018 to €136,054 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 01-09-2022
  3. 3National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0635.970.701
VAT number
BE 0635.970.701
Peppol ID
0208:0635970701
Other Peppol ID
9925:BE0635970701
Legal form
Private limited company
Status
Active, normal situation
Founded
02-09-2015
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Wednesday of June at 18:00
deed of 12-03-2024 (in French)
Peppol
Reachable since 13-05-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
TMA CONSTRUCT in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 12-03-2024 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-capitale”
deed of 12-03-2024 (in French)

Activities

NACEBEL 2025
43350 Other building finishing work main activity
41001 General construction of residential buildings
41003 General construction of other non-residential buildings
43990 Other specialised construction activities
Codes under NACEBEL 2008
43390 Specialised construction activities main activity
41201 General construction of buildings
41203 Construction of residential and non-residential buildings
43999 Specialised construction activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“L’étude et la réalisation de tous travaux de construction,publics et privés,en qualité d’entrepreneur général ou en sous-traitance,la…”
11 activities
  1. L’étude et la réalisation de tous travaux de construction,publics et privés,en qualité d’entrepreneur général ou en sous-traitance,la conception et la construction de tous bâtiments et édifices,et notamment l’étude et la réalisation de décorations tant intérieures qu’extérieures
  2. Toutes opérations se rapportant directement ou indirectement à l’entretien,la rénovation,les travaux de réparations,d’embellissements,de renouvellement et de modernisation,et la maintenance de tous les types d’ouvrages d’art,de biens immeubles
  3. La prestation de conseils et d’assistance tant au point de vue technique qu’administratif et commercial à toutes sociétés et entreprises,pour tout ce qui concerne le secteur des biens immobiliers
  4. L’acquisition de tous terrains,la construction de tous bâtiments publics et particuliers,l’achat,la vente,la location,la division et le lotissement de tous immeubles
  5. La réalisation de tous travaux concernant la distribution de l’eau,du gaz,de l’électricité etc.
  6. L’achat,la vente,la location,l’importation,l’exportation de tous matériaux,marchandises,appareils et outillages nécessaires aux travaux de construction,d’entretien,de maintenance,de réparation et de renouvellement des ouvrages d’art et bâtiments
  7. L’achat,l’échange,la vente,la prise en location et en sous-location,ainsi que la cession en location et en sous-location,le tout avec ou sans option d’achat,l’exploitation et l’entretien des maisons,appartements,bureaux,magasins,fonds de commerce,terrains,terres et domaines,et de manière générale,de tous biens immobiliers,ainsi que toutes opérations de financement
  8. Elle pourra ériger toutes constructions pour son compte ou pour compte de tiers,en tant que maître de l’ouvrage ou entrepreneur général,et effectuer,éventuellement aux biens immobiliers,des transformations et mises en valeur ainsi que l’étude et l’aménagement de lotissements y compris la construction de routes et égouts,souscrire des engagements en tant que conseiller en construction(études de génie civil et des divers équipements techniques des immeubles);acheter tous matériaux,signer tous contrats d’entreprises qui seraient nécessaires;réaliser toutes opérations de change,commission et courtage,ainsi que la gérance d’immeubles
  9. Le commerce par internet de tous produits susceptibles d’être importé ou exporté et ne faisant pas l’objet de réglementations spécifiques pour pouvoir être commercialisés
  10. La conception,l’invention,la fabrication,la construction,l’importation,l’exportation,l’achat et la vente,la distribution,l’entretien,l’exploitation tant en nom propre qu’en qualité d’agent,de commissionnaire ou de courtier:a)de tout bien immobilier accessoire aux biens immobiliers visés ci-dessus;b)de parcomètres,ainsi que tous autres appareils destinés à contrôler,empêcher ou limiter le stationnement de véhicules,tant sur la voie publique que dans les propriétés privées;c)de tous véhicules et machines à moteur,de tous accessoires de pièces de rechange,d’essence,d’huile,de pneumatiques et de tous articles généralement quelconques de garage
  11. La prestation de tous services dans le cadre de son objet,y compris la gestion du patrimoine
deed of 12-03-2024 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
de Broquevillelaan 194 registered office 1200 Woluwe-Saint-Lambert
Victor Gilsoullaan 64 1200 Woluwe-Saint-Lambert 3312003 Repair and maintenance of machinery 02-09-2015 2.247.047.362

Buildings and parcels at the addresses

Ground area
2,153 m²
Buildings
1,177 m²
Volume, LiDAR
20,656 m³
Tallest building
28.9 m
Buildings to scale, each on its own parcel
599 m², 28.9 m 578 m², 19.2 m 599 m², 28.9 m 578 m², 19.2 m

Location

registered office establishment The establishment unit on the map
19 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
21673D0117/00T0341,377 m² 1 · 599 m² 28.9 m · 9
21673D0117/00X033776 m² 1 · 578 m² 19.2 m · 5

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 0635.970.701

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