TPF CONTRACTING
ActiveSummary
The computed 12-month bankruptcy probability of TPF CONTRACTING is 2.1% (moderate). The 2024 annual accounts show negative equity (€-24k) and a net result of €-3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 1960 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth38=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.3 against 0.39 in 2023; short-term debt: 335.7% and cash: 98.8% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-236.2%
Return on assets
-34.1%
Age of the figures
21 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 20-08-2026, 20 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
20 d late
2024
9 d early
2023
9 d early
2022
56 d late
2021
52 d early
2020
87 d early
2019
35 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2024, micro schema
Turnover
€22k▼ 98.6%
2018 · €1.64M
EBIT margin
-10004.8%▼ 9915.5pp
2018 · -89.3%
Net result
€-3k▲ 41.4%
2023 · €-6k
Working capital
€-24k▼ 17.1%
2023 · €-21k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover
Operating result€-125k▲ 94.4%€89k€-5k€-719▲ 85.5%€-544▲ 24.3%
Net result€-134k▲ 94.2%€80k€-17k€-6k▲ 65.0%€-3k▲ 41.4%
EBIT margin
Equity€-78k€2k€-15k€-21k▼ 40.3%€-24k▼ 16.8%
Total assets€60k▼ 80.6%€27k▼ 54.3%€16k▼ 42.3%€13k▼ 17.1%€10k▼ 22.0%
Debt€138k▼ 45.6%€25k▼ 81.7%€31k▲ 21.4%€34k▲ 10.6%€34k▲ 1.8%
Working capital€-78k▲ 58.7%€2k€-15k€-21k▼ 40.9%€-24k▼ 17.1%
Staff (FTE)1.5▼ 64.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €544 in 2024 against €719 in 2023; the loss shrinks.
Key figures and ratios
Solvency
-236.2%▼
2023 · -157.8%
Current ratio
0.30▼
2023 · 0.39
Debt to equity
-1.42▲
2023 · -1.63
ROA
-34.1%▲
2023 · -45.3%
Debt ≤ 1 year
€34k▲
2023 · €34k
Income taxes
€2▲
2023 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €125k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €55k | - | - | - | - | - |
| Other operating charges640/8 | - | €348 | €678 | €384 | €470 | ▲ 22.2% |
| Non-recurring operating charges66A | - | €10k | - | €151 | €10 | ▼ 93.1% |
| Gross operating margin9900 | €474k | €99k | €-4k | €-184 | €-64 | ▲ 65.3% |
| Operating profit (loss)9901 | €-125k | €89k | €-5k | €-719 | €-544 | ▲ 24.3% |
| Financial income75/76B | - | €0 | €25 | €403 | €13 | ▼ 96.9% |
| Recurring financial income75 | - | €0 | €25 | €403 | €13 | ▼ 96.9% |
| Financial charges65/66B | - | €9k | €12k | €6k | €3k | ▼ 47.6% |
| Recurring financial charges65 | €9k | €9k | €12k | €6k | €3k | ▼ 47.6% |
| Profit (loss) for the period before taxes9903 | €-133k | €80k | €-17k | €-6k | €-3k | ▲ 41.4% |
| Income taxes67/77 | €74 | - | - | €0 | €2 | - |
| Profit (loss) for the period9904 | €-134k | €80k | €-17k | €-6k | €-3k | ▲ 41.4% |
| Profit (loss) for the period to be appropriated9905 | €-134k | €80k | €-17k | €-6k | €-3k | ▲ 41.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €60k | €27k | €16k | €13k | €10k | ▼ 22.0% |
| Fixed assets21/28 | €538 | - | - | - | - | - |
| Financial fixed assets28 | €538 | - | - | - | - | - |
| Current assets29/58 | €59k | €27k | €16k | €13k | €10k | ▼ 22.0% |
| Amounts receivable within one year40/41 | €5k | €869 | €50 | €126 | €126 | = |
| Other amounts receivable41 | - | €869 | €50 | €126 | €126 | = |
| Cash at bank and in hand54/58 | €55k | €27k | €16k | €13k | €10k | ▼ 21.5% |
| Deferred charges and accrued income490/1 | - | - | €17 | €115 | €0 | ▼ 99.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €60k | €27k | €16k | €13k | €10k | ▼ 22.0% |
| Equity10/15 | €-78k | €2k | €-15k | €-21k | €-24k | ▼ 16.8% |
| Contributions10/11 | €2.90M | €3.68M | €3.68M | €3.68M | €3.68M | = |
| Capital10 | - | €2.90M | €2.90M | €2.90M | €2.90M | = |
| Issued capital100 | - | €2.90M | €2.90M | €2.90M | €2.90M | = |
| Outside capital11 | - | €781k | €781k | €781k | €781k | = |
| Share premium1100/10 | - | €781k | €781k | €781k | €781k | = |
| Reserves13 | €690k | €690k | €690k | €690k | €690k | = |
| Non-distributable reserves130/1 | - | €299k | €299k | €299k | €299k | = |
| Legal reserve130 | - | €290k | €290k | €290k | €290k | = |
| Reserves not available under the articles1311 | - | - | €9k | €9k | €9k | = |
| Other1319 | - | €9k | - | - | - | - |
| Tax-exempt reserves132 | - | €22k | €22k | €22k | €22k | = |
| Distributable reserves133 | - | €368k | €368k | €368k | €368k | = |
| Profit (loss) carried forward14 | €-4.45M | €-4.37M | €-4.39M | €-4.39M | €-4.40M | ▼ 0.1% |
| Amounts payable17/49 | €138k | €25k | €31k | €34k | €34k | ▲ 1.8% |
| Amounts payable within one year42/48 | €138k | €25k | €30k | €34k | €34k | ▲ 1.9% |
| Trade debts44 | €19k | €2k | €7k | €11k | €11k | ▲ 3.5% |
| Suppliers440/4 | - | €2k | €7k | €11k | €11k | ▲ 3.5% |
| Taxes, remuneration and social security45 | - | - | - | €0 | €0 | - |
| Taxes450/3 | - | - | - | €0 | €0 | - |
| Other amounts payable47/48 | - | €23k | €23k | €23k | €23k | ▲ 1.1% |
| Accrued charges and deferred income492/3 | - | - | €118 | €88 | €56 | ▼ 35.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-134k | €80k | €-17k | €-6k | €-3k | ▲ 41.4% |
| + Depreciation and write-downs630 | €55k | - | - | - | - | - |
| Operating cash flow (approximation) | €-78k | €80k | €-17k | €-6k | €-3k | ▲ 41.4% |
| Change in cash | - | €-28k | €-11k | €-3k | €-3k | ▲ 4.3% |
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
Next filing, fiscal year 2026, expected by
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 20 days late
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 56 days late
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €80k
Net result €80k after 3 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.09
Current ratio from 0.43 to 1.09; short-term debt falls from €138k to €25k.
05-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €-2.29M
Net result drops to €-2.29M, the lowest in the series; recovery starts the following year.
22-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
23-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
22-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 17 acts read
About the unread acts
We know of 17 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
17 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, Vorst · 1 establishment unit since 1960
Ground area
3,693 m²
Building footprint
1,854 m²
Volume, LiDAR
9,795 m³
Parcel 21384D0281/00H006, Brussels · tallest building 12.7 m, ±2 floors. Linked by address, not a title deed.
21
companies at this address
See who is registered here
1 establishment unit
de Haveskerckelaan 46, 1190 Vorst
since 19602.006.387.689
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21384D0281/00H006 | Brussels | 3,693 m² | 1 · 1,854 m² | 12.7 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.
Identification & contact
Identification
Legal formPublic limited company
Founded30-04-1960
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.
General meetings
2 convocationsOrdinary general meeting
Agenda
1. Lecture du rapport de gestion du conseil d’administration. 2. Lecture du rapport du commissaire. 3. Approba- tion des comptes annuels clôturés au 31 décembre 2014, en ce compris la répartition du bénéfice. Proposition d’approuver les comptes annuels de l’exercice clôturé le 31 décembre 2014, ainsi que l’affectation du bénéfice, proposée par le conseil d’administration. 4. Décharge à donner aux administrateurs et au commissaire. Proposition de donner décharge aux administrateurs et commissaire. 5. Divers. Les dépôts d’actions prescrits par l’article 22 des statuts devront être faits cinq jours francs au moins avant la date de l’assemblée générale aux établissements ci-après : • au siège à ...
Ordinary general meeting
Agenda
1. Demande d’approbation du report de la date de l’Assemblée. 2. Lecture du rapport de gestion du Conseil d’Adminis- tration. 3. Lecture du rapport du Commissaire. 4. Approbation des comptes annuels arrêtés au 31 décembre 2013 et affectation du résultat. Proposition d’approuver les comptes annuels de l’exercice clôturés le 31 décembre 2013 ainsi que l’affectation du résultat à reporter, proposée par le Conseil d’Administration. 1. Décharge à donner aux Adminis- trateurs et Commissaire. Proposition de donner décharge aux Admi- nistrateurs et Commissaire. 1. Nominations statutaires. Vu l’expiration du mandat d’Administrateur de Monsieur Jean-Pierre Polet qui ne sera pas renouvelé, il est propo ...