TMC CONSTRUCT
ActiveTMC CONSTRUCT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43k and a net result of €3k. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 34% of 2154 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71=
Solvency49=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.02 in 2024; short-term debt: 75.8% and cash: 5.4% of total assets), and 75.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
24.2%
Return on assets
1.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 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 · 10 filingsDeviation from the deadline
2025
40 d late
2024
47 d late
2023
36 d late
2022
on the day
2021
95 d late
2020
89 d late
2019
61 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€43k▲ 8.4%
2024 · €40k
2018: €23k
2019: €23k
2020: €24k
2021: €29k
2022: €31k
2023: €36k
2024: €40k
2018 → 2025
Total assets
€177k▲ 6.0%
2024 · €167k
2018: €30k
2019: €78k
2020: €122k
2021: €148k
2022: €140k
2023: €157k
2024: €167k
2018 → 2025
Net result
€3k▼ 4.4%
2024 · €3k
2018: €4k
2019: €483
2020: €612
2021: €5k
2022: €2k
2023: €6k
2024: €3k
2018 → 2025
Working capital
€17k▲ 456%
2024 · €3k
2018: €12k
2019: €15k
2020: €20k
2021: €27k
2022: €25k
2023: €-1k
2024: €3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€31k▲ 9.0%€36k▲ 15.7%€40k▲ 9.6%€43k▲ 8.4%
Operating result€5k-€2k▼ 51.4%€13k▲ 498%€7k▼ 48.1%€5k▼ 20.2%
Net result€5k-€2k▼ 66.7%€6k▲ 273%€3k▼ 40.9%€3k▼ 4.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €177k
Fixed assets
€26k▼ 27.9%
Current assets
€151k▲ 15.5%
Equity and liabilities €177k
Equity
€43k▲ 8.4%
Debt
€134k▲ 5.2%
The debt ratio falls from 76.3% to 75.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k▼
2024 · €17k
Cash flow
€14k▼
2024 · €14k
Solvency
24.2%▲
2024 · 23.7%
Current ratio
1.12▲
2024 · 1.02
Quick ratio
0.18▲
2024 · 0.12
Debt / equity
3.12▼
2024 · 3.22
ROE
7.8%▼
2024 · 8.8%
ROA
1.9%▼
2024 · 2.1%
Interest coverage
31.38▼
2024 · 35.71
Debt
€134k▲
2024 · €127k
Debt ≤ 1 year
€134k▲
2024 · €127k
Income taxes
€2k▼
2024 · €3k
Staff costs
€50k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€167k€177k▲
Fixed assets21/28€37k€26k▼
Tangible fixed assets22/27€31k€21k▼
Plant, machinery and equipment23€840€720▼
Furniture and vehicles24€31k€20k▼
Financial fixed assets28€5k€5k=
Current assets29/58€130k€151k▲
Stocks and contracts in progress3€115k€127k▲
Stocks30/36€115k€127k▲
Amounts receivable within one year40/41-€12k
Other amounts receivable41-€12k
Cash at bank and in hand54/58€15k€9k▼
Deferred charges and accrued income490/1€264€2k▲
Equity and liabilities
Total equity and liabilities10/49€167k€177k▲
Equity10/15€40k€43k▲
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€32k€35k▲
Amounts payable17/49€127k€134k▲
Amounts payable within one year42/48€127k€134k▲
Trade debts44€22k€5k▼
Suppliers440/4€22k€5k▼
Taxes, remuneration and social security45€38k€56k▲
Taxes450/3€32k€56k▲
Remuneration and social security454/9€5k€250▼
Other amounts payable47/48€68k€73k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€50k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k=
Other operating charges640/8€1k€3k▲
Gross operating margin9900€18k€68k▲
Operating profit (loss)9901€7k€5k▼
Financial charges65/66B€478€500▲
Recurring financial charges65€478€500▲
Profit (loss) for the period before taxes9903€6k€5k▼
Income taxes67/77€3k€2k▼
Profit (loss) for the period9904€3k€3k▼
Profit (loss) for the period to be appropriated9905€3k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€35k▲
Profit (loss) brought forward from the previous period14P€28k€32k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 40 days late
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 47 days late
2024
05-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 36 days late
2023
31-12
Financial
Highest result since 2018net €6k ▲273%
Operating result €13k, net result €6k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 95 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Weakest financial yearnet €483 ▼87%
Net result drops to €483, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
08-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 39 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Charleroi · 1 establishment unit since 2015
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.
Chaussée de Bruxelles 3656020 CharleroiGround area
1,286 m²
Building footprint
276 m²
Volume, LiDAR
2,063 m³
2 parcels, Wallonia · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée de Bruxelles 365, 6042 Charleroi
since 20152.239.108.606
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52016A0388/00Z006 | Wallonia | 1,044 m² | 1 · 139 m² | 11.0 m · 3 fl. |
| 52040B0353/00R000 | Wallonia | 241 m² | 1 · 137 m² | 12.2 m · 1 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.
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CLERBATI
BE 1000.471.658
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Spurs Klimaat
BE 0779.860.402
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CASAGRANDE
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Of 29,808 companies in sector 41001 we hold annual accounts for 16,038. 12,932 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-01-2015
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
47521Retail sale of hardware, building materials, paint and glass (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.