Turnover
≈ €56,000 estimated
The micro format states no turnover.
TNS-CONSTRUCT
Overview
Lifetime
4 annual accounts with figures on one time axispeak €39,783 (2023)
€5,441▼ 84.8%
lowest -€18,064 (2025)
-€18,064▼ €27,127
peak €38,011 (2024)
€19,947▼ 47.5%
€57,371▲ 7.1%
Board2 names since 2021
2 directorsNOGUERA Timothy and 1 other
Documentsfilings and deeds
30-03-2026123 days before the deadline
2025micro format
Gross margin from €35,886 to €5,441Loss of €18,064Equity from €38,011 to €19,947Cash from €36,905 to €6,046
Key points
from the 2025 annual accountsDebts
€57,371 74% of the balance sheet
Suppliers 22%Taxes and wages 5%Other 73%
Of this, €15,525 falls due within a year.
Filings
4 annual accounts since 2022
The last four annual accounts were filed 34 to 125 days before the end of the period.
Starting capital
€1,200 240 shares
Board
1 joined
New director. Latest change 12-11-2025 · 2 in office.
Position in the sector
-€18,064
Lower net result than 92% of companies in specialised construction. Sector median €10,190 · 35,144 companies.
Checked score
53
Fair
Financially stronger than 22% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024lowest value
02-2025: 0.4%● unchanged vs 01-2025lowest value
03-2025: 0.4%● unchanged vs 02-2025lowest value
04-2025: 0.8%▲ +0.4 percentage points vs 03-2025
05-2025: 0.8%● unchanged vs 04-2025
06-2025: 0.8%● unchanged vs 05-2025
07-2025: 0.8%● unchanged vs 06-2025
08-2025: 0.8%● unchanged vs 07-2025
09-2025: 0.5%▼ -0.3 percentage points vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 1.8%▲ +1.3 percentage points vs 03-2026
05-2026: 1.9%▲ +0.1 percentage points vs 04-2026highest value
06-2026: 1.9%● unchanged vs 05-2026highest value
07-2026: 1.9%● unchanged vs 06-2026highest value
08-2026: 1.9%● unchanged vs 07-2026highest value
09-2026: 1.9%● unchanged vs 08-2026highest value
10-2026: 1.8%▼ -0.1 percentage points vs 09-2026
11-2026: 1.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Founded in 2021
Sector: Specialised construction activities (NACE 43)
Size: total assets €77,318
lowers risk
Figures for financial year 2025 (filed on 30-03-2026)
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 27% of them on solvency, 49% on liquidity, 4% on profitability and 9% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,207 companies had the same profile as TNS-CONSTRUCT has now. Each dot stands for 4 companies, two years later.
90.2%
were still trading
4.6%
stopped another way
4.6%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TNS-CONSTRUCT itself: 1.8% within 12 months.
Test of the method
The method was tested on the 497,448 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 1,207 companies, not a prediction for TNS-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 of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.23 (2.98 in 2024), above the usual 1.5. Short-term debt is 20.1% and cash 7.8% of total assets. However, 74.2% of the assets are financed with debt and provisions.
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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-03-2026, 123 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
123 days early
2024
124 days early
2023
34 days early
2022
125 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 102 days before the deadline. 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 March (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- NOGUERA Timothy 204 sharesdeed of 30-12-2021
- WEVERS Steffi 36 sharesdeed of 30-12-2021
Recent changes
Appointment: Steffi Wevers (director)
General meeting of 12-11-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0779433107
Incorporation
Founding capital of €1,200, 240 shares · Founder: NOGUERA Timothy · Appointment: NOGUERA Timothy (director) · published on 30-12-2021 · Gazette deed
First establishment
St.Odradastraat 12, Balen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TNS-CONSTRUCT Balen | €77,318 | €5,441 | 25.8% | - |
| TOP PORTES & FENÊTRES Liège | €77,290 | €6,165 | 69.2% | - |
| VOLET CONFORT Juprelle | €73,093 | €6,814 | 12.5% | - |
| Kerkhofs Interieurbouw Balen | €55,505 | €6,353 | 77.4% | - |
| Hymas Puurs-Sint-Amands | €85,765 | €7,748 | 36.6% | - |
| TK Projects Arendonk | €101,917 | €5,812 | 91.9% | - |
| GO TO FIX Mechelen | €86,178 | €6,859 | 25.8% | - |
These companies have the same main activity as TNS-CONSTRUCT: joinery installation (NACE 43320). They are comparable in size and age: total assets between €55,500 and €102,000, founded between 2020 and 2023.
Official details
Source: KBO- Status
- Active since 28-12-2021Normal situation
- Activity
- Joinery installationNACE 43320
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.325.655.1722490 Balen, since 28-12-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 29-01-2026
Annual accounts 2025
- €5,441▼ 84.8%
- €18,064
- €19,947▼ 47.5%
- €77,318▼ 15.6%
- 0.8 FTE▼ 20.0%
- Filing
- Filed on 30-03-2026, 123 days before the end of the filing period
Insights on TNS-CONSTRUCT
TNS-CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €26,075 in 2022 to €5,441 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 30-03-2026, 123 days before the deadline€5,441
▼ 84.8%
-€17,435
▼ €29,204
-€18,064
▼ €27,127
€34,653
▼ 18.3%
25.8%
▼ 15.7 percentage points
3.23
▲ 0.26
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €56,000. Estimated: probably between €34,000 and €110,000.
Balance sheet
balance sheet total €77,318 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
25.8%
Higher than 27% of 35,156 companies in 2025.
3.23
Higher than 74% of 34,529 companies in 2025.
-23.4%
Higher than 7% of 34,730 companies in 2025.
TNS-CONSTRUCT
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
Staff
€22,436
Staff costs divided by the average number of full-time equivalents.
-1 person
people who joined
people who left
In 2025, nobody joined and 1 person left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
77,318 | 91,569 | 79,288 | 62,357 | |
21/28 |
27,140 | 27,663 | 19,365 | 4,344 | |
21 |
2,423 | - | - | - | |
22/27 |
24,717 | 27,663 | 19,365 | 4,344 | |
22 |
749 | 1,167 | 1,585 | 2,002 | |
23 |
- | 155 | 1,145 | 2,342 | |
24 |
9,007 | 10,544 | - | - | |
26 |
14,961 | 15,798 | 16,635 | - | |
29/58 |
50,178 | 63,906 | 59,923 | 58,012 | |
3 |
14,854 | 9,000 | 7,200 | 6,441 | |
37 |
14,854 | 9,000 | 7,200 | 6,441 | |
40/41 |
24,653 | 15,325 | 4,292 | 13,430 | |
40 |
13,846 | 7,608 | 1,227 | - | |
41 |
10,807 | 7,716 | 3,065 | 13,430 | |
54/58 |
6,046 | 36,905 | 47,482 | 38,115 | |
490/1 |
4,625 | 2,677 | 949 | 26 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
77,318 | 91,569 | 79,288 | 62,357 | |
10/15 |
19,947 | 38,011 | 30,665 | 17,140 | |
10/11 |
1,200 | 1,200 | 1,200 | 1,200 | |
13 |
18,747 | 36,811 | 29,465 | 15,940 | |
133 |
18,747 | 36,811 | 29,465 | 15,940 | |
17/49 |
57,371 | 53,558 | 48,622 | 45,217 | |
17 |
41,166 | 32,085 | 27,147 | - | |
178/9 |
41,166 | 32,085 | 27,147 | - | |
42/48 |
15,525 | 21,473 | 21,357 | 45,217 | |
44 |
12,877 | 12,785 | 10,394 | 23,779 | |
440/4 |
12,877 | 12,785 | 10,394 | 23,779 | |
45 |
2,648 | 6,970 | 9,296 | 5,342 | |
450/3 |
2,648 | 6,970 | 9,296 | 4,406 | |
454/9 |
- | - | - | 936 | |
47/48 |
- | 1,718 | 1,666 | 16,096 | |
492/3 |
680 | - | 119 | - | |
| Income statement | |||||
9900 |
5,441 | 35,886 | 39,783 | 26,075 | |
62 |
17,949 | 20,282 | 17,891 | 1,045 | |
630 |
4,579 | 3,440 | 1,720 | 2,470 | |
640/8 |
349 | 395 | 561 | 102 | |
9901 |
-17,435 | 11,769 | 19,610 | 22,458 | |
75/76B |
0 | 35 | 44 | 15 | |
75 |
0 | 35 | 44 | 15 | |
65/66B |
380 | 93 | 141 | 527 | |
65 |
380 | 93 | 141 | 527 | |
9903 |
-17,816 | 11,711 | 19,514 | 21,946 | |
67/77 |
248 | 2,648 | 4,322 | 4,406 | |
9904 |
-18,064 | 9,064 | 15,192 | 17,540 | |
9905 |
-18,064 | 9,064 | 15,192 | 17,540 | |
| Appropriation of the result | |||||
9906 |
-18,064 | 9,064 | 15,192 | 17,540 | |
791/2 |
18,064 | - | - | - | |
691/2 |
- | 7,346 | 13,526 | 15,940 | |
6921 |
- | 7,346 | 13,526 | 15,940 | |
694/7 |
- | 1,718 | 1,666 | 1,600 | |
694 |
- | 1,718 | 1,666 | 1,600 | |
| Social balance sheet | |||||
9087 |
0.8 | 1 | 1 | 1 | |
Hours worked1013 |
566 | 898 | 969 | 76 | |
| Document | |||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-03-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankSubsidies and aid
Flemish government 2024, 1 entry, €481 awarded, €481 paid
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| -12,857 | 15,209 | 21,330 | 24,928 | ||
| -13,485 | 12,504 | 16,911 | 20,010 | ||
| 4,056 | 11,738 | 16,741 | 4,676 | ||
| -30,859 | -10,577 | 9,367 | - | ||
| 34,653 | 42,433 | 38,566 | 12,796 | ||
| 25.8% | 41.5% | 38.7% | 27.5% | ||
| 3.23 | 2.98 | 2.81 | 1.28 | ||
| 2.28 | 2.56 | 2.47 | 1.14 | ||
| 2.88 | 1.41 | 1.59 | 2.64 | ||
| -90.6% | 23.8% | 49.5% | 102.3% | ||
| -23.4% | 9.9% | 19.2% | 28.1% | ||
| -33.80 | over 100 | over 100 | 47.27 |
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.
Social balance sheet
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | - | 1 | 1 | 1 |
| part-time | - | 1 | 1 | 1 |
| in full-time equivalents | - | 0.5 | 0.5 | 0.5 |
| 0.3 | 0.5 | 0.5 | 0.5 | |
| On a permanent contract | - | 1 | 1 | 1 |
| Joined | 0 | - | - | 1 |
| Left | 1 | - | - | 0 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €1,556 | €11,738 | €16,741 | €4,676 |
| Intangible fixed assets | €2,500 | - | - | - |
| €4,579 | €3,440 | €1,720 | €2,470 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on TNS-CONSTRUCT
The operating result for 2025 is a loss of €17,435, after a profit of €11,769 in 2024. It is the lowest result since 2022.
Debt's share of the balance-sheet total rises from 58.5% to 74.2%. Equity is lower and debt is higher.
Board & ownership
Board
2 directors, no change since 2025Director
appointed by deed of 30-12-2021
term without a fixed end
listed in the 2025 annual accounts, filed on 30-03-2026
Director
since 12-11-2025
term without a fixed end
listed in the 2025 annual accounts, filed on 30-03-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 30-12-2021
Mandates through the years
2 names, the dashed line is todayNOGUERA Timothy
Director
Director
Steffi Wevers
Director
Director
Board
Mandates as a list
- NOGUERA Timothy
- Director, appointed by deed of 30-12-2021, still in office
- Steffi Wevers
- Director, from 12-11-2025 to date
Control
Founders
NOGUERA Timothy, WEVERS Steffi
This company
TNS-CONSTRUCT
Equity €19,947
Loss €18,064 in 2025
Capital
- Contribution
- €1,200
- Shares
- 240
- Contribution per share
- €5
- Equity per share
- €83.11 in 2025
- Source
- deed of 30-12-2021
Articles of association
deed of 30-12-2021 (in Dutch)- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director“Vaste vertegenwoordiger rechtspersoon-bestuurder, mits uitdrukkelijk akkoord van bestuurde vennootschap”
Shareholders
At incorporation
deed of 30-12-2021 ↗
- NOGUERA Timothy 204 shares (85%)
- WEVERS Steffi 36 shares (15%) · in cash
Network & group
No group
TNS-CONSTRUCT has no parent and no holdings in its annual accounts. TNS-CONSTRUCT shares no director with another company.
At the same address
St.Odradastraat 12, 2490 Balen · 1 other company| Wevers, Steffi (sole trader)
establishment since 01-09-2023 |
founded in 2023 0506.781.349 |
Timeline
Timeline
10 events since 2021Board
Filings
Financial
Establishments
202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed PDFmicro format · 123 days before the deadline
- General meeting, 12-11-2025
- Director appointment, Steffi Wevers
Registered in the Peppol Directory Reachable for e-invoices through 0208:0779433107
2025
Weakest financial year net -€18,064 The net result drops to -€18,064, the lowest from 2022 to 2025.
Annual accounts 2024 filed PDFmicro format · 124 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 34 days before the deadline
2023
Liquidity more than doubled current ratio 2.81 The current ratio rises from 1.28 to 2.81. Short-term debt falls from €45,217 to €21,357.
Annual accounts 2022 filed PDFmicro format · 125 days before the deadline
2021
IncorporationFounding capital of €1,200, 240 shares · Founder: NOGUERA Timothy · Appointment: NOGUERA Timothy (director) · published on 30-12-20213 points ▸
- Founder, NOGUERA Timothy
- Founding capital, €1,200, 240 shares
- Director appointment, NOGUERA Timothy
- The deed holds 1 more point.
First establishment St.Odradastraat 12, Balen
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
Company details
Identity
- Enterprise number
- 0779.433.107
- VAT number
- BE 0779.433.107
- Peppol ID
- 0208:0779433107
- Other Peppol ID
- 9925:BE0779433107
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 28-12-2021
- Financial year
- ends on 31 December
- Peppol
- Reachable since 29-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- TNS-CONSTRUCT in Dutch
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Sint-Odradastraat 12, 2490 Balen”deed of 30-12-2021 (in Dutch)
Activities
NACEBEL 202543320
Joinery installation main activity
Joint committees annual accounts 2025
JC 200
Auxiliary committee for white-collar workers
Codes under NACEBEL 2008
43320
Joinery installation main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het vervaardigen, herstellen, onderhouden, afbreken, leveren en/of plaatsen, in roerende en onroerende staat van alle binnen- en…”deed of 30-12-2021 (in Dutch)
5 activities
- Het vervaardigen, herstellen, onderhouden, afbreken, leveren en/of plaatsen, in roerende en onroerende staat van alle binnen- en buitenschrijnwerk van gebouwen of andere constructies.
- De bouw, constructie, en commercialisatie van allerhande prefab-elementen en montagesystemen.
- De aan- en verkoop al dan niet met bewerking van alle hout- vezel- en kunststofproducten en evenals het optreden als tussenpersoon bij voormelde verrichtingen.
- De installatie, reparatie en onderhoud van sanitair, verwarming, klimaatregeling, ventilatie, isolatie, elektrische installaties en installaties betreffende hernieuwbare energie.
- De verhuur en/of exploitatie van onroerende goederen waaronder ook projectontwikkeling.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| St.Odradastraat 12 registered office 2490 Balen | 28-12-2021 | 2.325.655.172 |
Buildings and parcels at the address
- Ground area
- 1,074 m²
- Buildings
- 126 m²
- Volume, LiDAR
- 760 m³
- Tallest building
- 8.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 13003D0879/00X000 | 1,074 m² | 1 · 126 m² | 8.8 m · 2 |
Contact
E-mail
info@tnsconstruct.be
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 0779.433.107