Equity
€660,880 ▲ 26.6%
TO BUILD has made a profit without a break since 2022.
TO BUILD
Lifetime
6 annual accounts with figures on one time axispeak €682,427 (2023)
€603,816▼ 8.5%
lowest -€17,269 (2021)
€138,976▼ 15.2%
peak €660,880 (2025)
€660,880▲ 26.6%
€347,304▲ 13.9%
peak 6 FTE (2023)
5 FTE▼ 2.0%
Board3 names since 2019
1 directorTOBE
Owners
96.67%TOBE
Documentsfilings and deeds
31-07-2026on the last day
2025financial year
Equity from €521,904 to €660,880
Key points
from the 2025 annual accountsChecked score
92
Excellent
Financially stronger than 68% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.4%▲ +0.1 percentage points vs 04-2025
06-2025: 0.5%▲ +0.1 percentage points vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.8%▲ +0.3 percentage points vs 07-2025highest value
09-2025: 0.1%▼ -0.7 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026lowest value
06-2026: 0.2%▲ +0.1 percentage points vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2020
lowers risk
Liquidity: current ratio 2.59, cash €208,386
Equity €660,880 (65.6% of total assets)
Figures for financial year 2025 (filed on 31-07-2026)
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 71% of them on solvency, 59% on liquidity, 70% on profitability and 73% on growth.
The bankruptcy probability was computed on 09-11-2026 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 very low class on 30-06-2025, 0.1% 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, 26,972 companies had the same profile as TO BUILD has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of TO BUILD itself is lower: 0.2% within 12 months. It rests on far more data about TO BUILD than the profile alone.
Test of the method
The method was tested on the 497,447 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 26,972 companies, not a prediction for TO BUILD. 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 €60,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.59 (4.43 in 2024), above the usual 1.5. Short-term debt is 34.1% and cash 20.7% of total assets. 34.4% of the assets are financed with debt and provisions.
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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 31-07-2026, 0 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
on the day
2024
20 days late
2023
5 days early
2022
31 days early
2021
10 days early
2020
89 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 19 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 27 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0740855415
Company renamed from MJ FLOORING to TO BUILD
Capital increase of €145,000 to €150,000 · Capital from €5,000 to €150,000, 2,900 new shares · Contribution: TOBE · General meeting of 23-12-2021 · Gazette deed
Registered office moved from Bocholt to Maasmechelen
Transfer of shares to Baillien Jan · New registered office: Industrielaan 81, 3630 Maasmechelen · Previous registered office: Toekomststraat 58, 3950 Bocholt · General meeting of 06-09-2021 · Gazette deed
First establishment
Industrielaan 81, Maasmechelen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TO BUILD Maasmechelen | €1.0m | €603,816 | 65.6% | 5 |
| STORAX BELGIUM Grobbendonk | €0.9m | €350,660 | -134.3% | 5.3 |
| EXPO CARPETS Ghent | €1.3m | €489,482 | 42.2% | 5 |
| LEPPAK La Calamine | €1.4m | €643,261 | 21.0% | 9.3 |
| MERODE INTERIEUR Lanaken | €0.9m | €582,985 | 21.3% | 6.6 |
| GG ALGEMENE BOUWWERKEN Dilsen-Stokkem | €0.7m | €475,674 | 59.2% | - |
| GENERAL FLOORING Wavre | €2.5m | €616,141 | 25.1% | 4 |
These companies have the same main activity as TO BUILD: wallpapering and laying of floor and wall coverings in other materials (NACE 43333). They are comparable in size and age: total assets between €687,000 and €2.5m, founded between 2008 and 2019.
Official details
Source: KBO- Status
- Active since 07-01-2020Normal situation
- Registered office
- 12 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Wallpapering and laying of floor and wall coverings in other materialsNACE 43333and 2 others
- Joint committees
- 200Auxiliary committee for white-collar workers
- 124Construction · annual accounts 2025
- Establishment unit
- 2.297.504.3863630 Maasmechelen, since 10-01-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €1.0m▲ 21.9%
- Employeeson 31-12-2025
- 5=
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on TO BUILD
TO BUILD has existed since 2020. The present size dates from 2022. The gross margin rose that year from €15,205 to €376,914.
TOBE holds 96.67% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TO BUILD
- What is the company number of TO BUILD?
- The company number of TO BUILD is 0740.855.415. The VAT number is the same number with BE in front: BE 0740.855.415.
- Where is TO BUILD based?
- The registered office is at Industrielaan 81, 3630 Maasmechelen.Company details
- What does TO BUILD do?
- According to the KBO register, the main activity is wallpapering and laying of floor and wall coverings in other materials (NACE 43333).
- What is the legal form of TO BUILD?
- TO BUILD is a private limited company (BV).
- When was TO BUILD founded?
- TO BUILD was founded on 07-01-2020.
- Is TO BUILD still active?
- Yes, TO BUILD is an active enterprise in the KBO register.
- How many employees does TO BUILD have?
- TO BUILD had an average of 5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does TO BUILD fall under?
- In its 2025 annual accounts, TO BUILD states joint committees 200 (Auxiliary committee for white-collar workers) and 124 (Construction).
- What is the turnover of TO BUILD?
- The turnover in financial year 2025 is ≈ €1.8m. This figure is estimated from the gross margin of €603,816 and 39 comparable companies (NACE 433). It probably lies between €1.3m and €2.2m.
- Is TO BUILD profitable?
- In financial year 2025, TO BUILD made a profit of €138,976.
- Where can I find the annual accounts of TO BUILD?
- TO BUILD filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TO BUILD due?
- TO BUILD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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