TMD CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of TMD CONSTRUCT is 3.2% (moderate). For TMD CONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €182,264 and a net result of €65,170. Its solvency ranks better than 82% of 33673 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability100=
Solvency100▲+13
Growth52
Track record94
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
74.9%
Return on assets
26.8%
Age of the figures
36 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
30-09-2024 close30-04-2025 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 30-04-2024, 0 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
on the day
2022
37 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 19 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
€182,264▲ 55.7%
2022 · €117,094
Total assets
€243,325▲ 28.4%
2022 · €189,559
Net result
€65,170▼ 41.9%
2022 · €112,094
Working capital
€178,972▲ 45.5%
2022 · €123,022
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023
Operating result€143,491-€82,973▼ 42.2%
Net result€112,094above the sector's middle half-€65,170above the sector's middle half▼ 41.9%
Equity€117,094within the sector's middle half-€182,264above the sector's middle half▲ 55.7%
Total assets€189,559within the sector's middle half-€243,325within the sector's middle half▲ 28.4%
Debt€72,465-€61,061▼ 15.7%
Working capital€123,022-€178,972▲ 45.5%
Solvency61.8%within the sector's middle half-74.9%above the sector's middle half▲ 13.1pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 42% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €243,325
Fixed assets
€3,292 ▼ 38.5%
Current assets
€240,034 ▲ 30.3%
Equity and liabilities €243,325
Equity
€182,264 ▲ 55.7%
Debt
€61,061 ▼ 15.7%
Debt's share of the balance-sheet total falls from 38.2% to 25.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€85,033▼
2022 · €144,611
Cash flow
€67,229▼
2022 · €113,214
Current ratio
3.93▲
2022 · 3.01
Debt to equity
0.34▼
2022 · 0.62
ROE
35.8%▼
2022 · 95.7%
ROA
26.8%▼
2022 · 59.1%
Interest coverage
56.51▼
2022 · 206.67
Debt ≤ 1 year
€61,061▼
2022 · €61,186
Income taxes
€16,298▼
2022 · €30,698
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,120 | €2,059 | ▲ 83.8% |
| Other operating charges640/8 | €755 | €208 | ▼ 72.4% |
| Gross operating margin9900 | €145,366 | €85,241 | ▼ 41.4% |
| Operating profit (loss)9901 | €143,491 | €82,973 | ▼ 42.2% |
| Financial charges65/66B | €700 | €1,505 | ▲ 115% |
| Recurring financial charges65 | €700 | €1,505 | ▲ 115% |
| Profit (loss) for the period before taxes9903 | €142,791 | €81,469 | ▼ 42.9% |
| Income taxes67/77 | €30,698 | €16,298 | ▼ 46.9% |
| Profit (loss) for the period9904 | €112,094 | €65,170 | ▼ 41.9% |
| Profit (loss) for the period to be appropriated9905 | €112,094 | €65,170 | ▼ 41.9% |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €189,559 | €243,325 | ▲ 28.4% |
| Fixed assets21/28 | €5,351 | €3,292 | ▼ 38.5% |
| Tangible fixed assets22/27 | €5,351 | €3,292 | ▼ 38.5% |
| Furniture and vehicles24 | €5,351 | €3,292 | ▼ 38.5% |
| Current assets29/58 | €184,208 | €240,034 | ▲ 30.3% |
| Amounts receivable within one year40/41 | €181,945 | €232,014 | ▲ 27.5% |
| Trade receivables40 | €147,034 | €151,192 | ▲ 2.8% |
| Other amounts receivable41 | €34,911 | €80,823 | ▲ 132% |
| Cash at bank and in hand54/58 | €2,263 | €8,019 | ▲ 254% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €189,559 | €243,325 | ▲ 28.4% |
| Equity10/15 | €117,094 | €182,264 | ▲ 55.7% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €112,094 | €177,264 | ▲ 58.1% |
| Amounts payable17/49 | €72,465 | €61,061 | ▼ 15.7% |
| Amounts payable after more than one year17 | €11,279 | - | - |
| Financial debts170/4 | €11,279 | - | - |
| Amounts payable within one year42/48 | €61,186 | €61,061 | ▼ 0.2% |
| Current portion of amounts payable after more than one year42 | €12,135 | €11,361 | ▼ 6.4% |
| Trade debts44 | €18,353 | €1,304 | ▼ 92.9% |
| Suppliers440/4 | €18,353 | €1,304 | ▼ 92.9% |
| Taxes, remuneration and social security45 | €30,698 | €48,396 | ▲ 57.7% |
| Taxes450/3 | €30,698 | €47,396 | ▲ 54.4% |
| Remuneration and social security454/9 | - | €1,000 | - |
| Line | 2022 | 2023 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €112,094 | €65,170 | ▼ 41.9% |
| + Depreciation and write-downs630 | €1,120 | €2,059 | ▲ 83.8% |
| Operating cash flow (approximation) | €113,214 | €67,229 | ▼ 40.6% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €5,756 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €150,000Eq €182,264 ▲55.7%
2 profitable years in a row build equity to €182,264.
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 37 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Liedekerke · 1 establishment unit since 2021
Ground area
163 m²
Building footprint
91 m²
Volume, LiDAR
508 m³
Parcel 23044A0802/00E006, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TMD CONSTRUCT
since 20212.317.615.258
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23044A0802/00E006 | Flanders | 163 m² | 1 · 91 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 8,576 companies in sector 43410 we hold annual accounts for 4,368. 3,658 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-05-2021
Fiscal year end30-09
Activities, NACEBEL 2025
43410Roofing work
43110Demolition
43320Joinery installation
43422Screed work
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID
0208:0767940090
Also
9925:BE0767940090
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.