TNK Construct
Bankruptcy closedSummary
TNK Construct was declared bankrupt on 23-12-2025 (Ondernemingsrechtbank Brussel). The bankruptcy declaration was reversed by judgment of 10-03-2026, published in the Belgian Official Gazette on 23-03-2026. The 2024 annual accounts show negative equity (-€45,912) and a net result of -€82,432.
Overview
Overview
Official details
Source: KBO- Status
- Open bankruptcy registered since 30-06-2021
- Legal form
- Private limited company
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.319.613.557 1080 Sint-Jans-Molenbeek, since 30-06-2021
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
No score
Annual accounts 2024
- Gross margin
- €91,578
- ▲ 463%
- Turnover
- ≈ €280,000
- estimated
- Loss
- €82,432
- Equity
- -€45,912
- Total assets
- €89,118
- ▼ 29.3%
Financials
Financials · financial year 2024, micro format
2024 annual accounts filed 133 days after the deadline Filed on 11 December 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00586016.
Annual accounts 2024 filed on 11-12-2025 PDF all 4 filings
Turnover
≈ €280,000
Estimated: probably between €180,000 and €480,000
Total assets
€89,118▼ 29.3%
2023 · €125,996
Net result
-€82,432
2023 · €3,677
Working capital
-€45,912
2023 · €103,583
Multi-year overview
2021 to 2024, 4 financial yearsOperating result
€31,686
▲ 464%
2024
20212024
Net result
-€82,432
2024
20212024
Equity
-€45,912
2024
20212024
Total assets
€89,118
▼ 29.3%
2024
20212024
Debt
€135,030
▲ 50.9%
2024
20212024
Working capital
-€45,912
2024
20212024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2021202220232024
Operating result€33,749-€5,122▼ 84.8%€5,615▲ 9.6%€31,686▲ 464%
Net result€26,826-€3,017▼ 88.8%€3,677▲ 21.9%-€82,432
Equity€29,826-€32,843▲ 10.1%€36,520▲ 11.2%-€45,912
Total assets€43,279-€174,617▲ 303%€125,996▼ 27.8%€89,118▼ 29.3%
Debt€13,453-€141,774▲ 954%€89,476▼ 36.9%€135,030▲ 50.9%
Working capital€27,931-€156,365▲ 460%€103,583▼ 33.8%-€45,912
The operating result for 2024 is over 5.6 times that of 2023. It is the second rise in a row, after the fall in 2022.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Key figures and ratios
Solvency
-51.5%▼
2023 · 29.0%
Current ratio
0.66▼
2023 · 7.10
ROA
-92.5%▼
2023 · 2.9%
Debt ≤ 1 year
€135,030▲
2023 · €16,976
Income taxes
€118,275▲
2023 · €3,339
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | €2,000 | - | €1,500 | - |
| Financial fixed assets | €108 | €3,600 | - | - |
| Depreciation and write-downs of the year | €214 | €667 | €891 | - |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €214 | €667 | €891 | - | - |
| Other operating charges640/8 | €800 | €838 | €9,772 | €59,891 | ▲ 513% |
| Gross operating margin9900 | €34,762 | €6,627 | €16,279 | €91,578 | ▲ 463% |
| Operating profit (loss)9901 | €33,749 | €5,122 | €5,615 | €31,686 | ▲ 464% |
| Financial income75/76B | - | €0 | €2,353 | €4,735 | ▲ 101% |
| Recurring financial income75 | - | €0 | €2,353 | €4,735 | ▲ 101% |
| Financial charges65/66B | €217 | €594 | €952 | €578 | ▼ 39.3% |
| Recurring financial charges65 | €217 | €594 | €952 | €578 | ▼ 39.3% |
| Profit (loss) for the period before taxes9903 | €33,532 | €4,529 | €7,016 | €35,843 | ▲ 411% |
| Income taxes67/77 | €6,706 | €1,512 | €3,339 | €118,275 | ▲ 35× |
| Profit (loss) for the period9904 | €26,826 | €3,017 | €3,677 | -€82,432 | - |
| Profit (loss) for the period to be appropriated9905 | €26,826 | €3,017 | €3,677 | -€82,432 | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €43,279 | €174,617 | €125,996 | €89,118 | ▼ 29.3% |
| Fixed assets21/28 | €1,894 | €4,828 | €5,436 | - | - |
| Tangible fixed assets22/27 | €1,786 | €1,120 | €1,728 | - | - |
| Furniture and vehicles24 | €1,786 | €1,120 | €1,728 | - | - |
| Financial fixed assets28 | €108 | €3,708 | €3,708 | - | - |
| Current assets29/58 | €41,384 | €169,789 | €120,560 | €89,118 | ▼ 26.1% |
| Amounts receivable after more than one year29 | €16,512 | - | - | - | - |
| Other amounts receivable291 | €16,512 | - | - | - | - |
| Amounts receivable within one year40/41 | €21,045 | €169,536 | €119,642 | €89,118 | ▼ 25.5% |
| Trade receivables40 | €17,005 | €119,639 | €44,097 | €7,000 | ▼ 84.1% |
| Other amounts receivable41 | €4,040 | €49,897 | €75,545 | €82,118 | ▲ 8.7% |
| Cash at bank and in hand54/58 | €3,827 | €253 | €918 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €43,279 | €174,617 | €125,996 | €89,118 | ▼ 29.3% |
| Equity10/15 | €29,826 | €32,843 | €36,520 | -€45,912 | - |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €26,826 | €29,843 | €33,520 | -€48,912 | - |
| Amounts payable17/49 | €13,453 | €141,774 | €89,476 | €135,030 | ▲ 50.9% |
| Amounts payable within one year42/48 | €13,453 | €13,424 | €16,976 | €135,030 | ▲ 695% |
| Financial debts43 | - | - | - | €498 | - |
| Credit institutions430/8 | - | - | - | €498 | - |
| Trade debts44 | €6,599 | €4,859 | €5,071 | - | - |
| Suppliers440/4 | €6,599 | €4,859 | €5,071 | - | - |
| Taxes, remuneration and social security45 | €6,706 | €8,565 | €11,905 | €134,532 | ▲ 11× |
| Taxes450/3 | €6,706 | €8,565 | €11,905 | €134,532 | ▲ 11× |
| Other amounts payable47/48 | €147 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | €128,350 | €72,500 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,826 | €3,017 | €3,677 | -€82,432 | - |
| + Depreciation and write-downs630 | €214 | €667 | €891 | - | - |
| Operating cash flow (approximation) | €27,039 | €3,684 | €4,568 | -€82,432 | - |
| Investment in fixed assets (approximation) | - | -€3,600 | -€1,500 | - | - |
| Change in cash | - | -€3,574 | €665 | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Directors
1 director, last change in 2023
Iliev Georgi
Current
Director · in office according to the act of 19-04-2023 · listed in the 2024 annual accounts, filed on 11-12-2025
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Aniek Bergmans Ninoofsesteenweg 244, 1700 Dilbeek |
23-12-2025 → 10-03-2026 |
Owners and capital
Owners
Mandate history
2 people, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Iliev Georgi |
|
| Cambier Christophe |
|
Timeline
Acts, filings and financial milestones
2026
23-03
Bankruptcy
Bankruptcy reversal
Enterprise Court of Brussels · judgment of 10-03-2026
12-01
Bankruptcy
Bankruptcy declared
Enterprise Court of Brussels · judgment of 23-12-2025
2025
11-12
Bankruptcy
Judicial dissolution, liquidator appointed
Enterprise Court of Brussels · liquidator: De Maeseneer Dirk · judgment of 28-11-2025
11-12
micro format · 133 days late
2024
2023
18-09
micro format · 414 days late
14-08
Gazette deed
Registered office · Purpose · Amendment of the articlesPower of attorney · Registered-office move7 points ▸
Gazette deed
Registered office · Purpose · Amendment of the articles
Power of attorney · Registered-office move7 points ▸
- Power of attorney, Morgane DEVRIESE
- Other provision, “tnkconstruct1922@gmail.com, website/e-mailadres” (deed in Dutch)
- General meeting, 30-06-2023
- Registered-office move, Vlaams Gewest
- Amendment of the articles
- Other provision, “inbrengen-aandelen”, 100 (deed in Dutch)
- Other provision, “laatste bladzijde Luik B-vermeldingen, naam en hoedanigheid instrumenterende notaris of perso(o)n(en)” (deed in Dutch)
19-04
Gazette deed
Resignation: Cambier Christophe (director)Director discharge5 points ▸
Gazette deed
Resignation: Cambier Christophe (director)
Director discharge5 points ▸
- General meeting, 04-05-2022
- Director resignation, Cambier Christophe (director)
- Director discharge, Cambier Christophe (director)
- Director in office, Iliev Georgi (director)
- Other provision, “gazette-annexes-heading, Annexes du Moniteur belge” (deed in French)
2022
31-12
Financial
Liquidity more than quadruplescurrent ratio 12.65
The current ratio rises from 3.08 to 12.65. Short-term debt falls from €13,453 to €13,424.
2021
02-07
4 publications in the Belgian Official Gazette, the last on 14-08-2023
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Opening faillissement
- Last annual accounts
- financial year to 31 December 2024
- Legal form
- Private limited company
- Active since
- 30 June 2021
Register details
Identity
Name
TNK Construct in French
Enterprise number
0770.553.350
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 14-08-2023 (in Dutch)Name clauseThe company operates under this name according to its articles.
TNK Construct
deed of 14-08-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, bij enkel besluit bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of…”
deed of 14-08-2023 (in Dutch)Registered office and establishments
Establishment unit
TNK Construct, Delaunoystraat 135, 1080 Sint-Jans-Molenbeek since 30-06-2021 · unit number 2.319.613.55743240 Other construction installation
Invoicing and payment
VAT number
BE 0770.553.350
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the addresses
Ground area
4,113 m²
Building footprint
3,012 m²
Building volume
17,430 m³
Tallest building: 16.2 m.
Flanders
1
(50%)
Brussels
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23352F0067/00M004 | Flanders | 3,993 m² | 1 · 2,893 m² | 11.7 m · 2 |
| 21523B0773/00N005 | Brussels | 120 m² | 1 · 118 m² | 16.2 m · 4 |