TR HOME CONSTRUCT

Active

Private limited companyfounded 20215 yrs activeRue Verte Voie(AMP) 14, 4540 Amay, BelgiumKBO/BCE: BE 0764.576.071

Summary

The computed 12-month bankruptcy probability of TR HOME CONSTRUCT is 7.4% (elevated). The 2021 annual accounts show negative equity (-€1,665) and a net result of -€5,165. Its solvency ranks better than 11% of 6836 sector peers (fiscal year 2021). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysis Watch Report Compare

TR HOME CONSTRUCTActive

Risk analysis Report Compare

Checked score

No current score

Figures too old

The available figures for FY 2021 are too old to assess current financial health.

Bankruptcy probability: Elevated

Axes, FY 2021

Profitability8

Solvency22

Growth-

Track record79

Bankruptcy probability, 12 months

7.4% Elevated

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

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 2021

Solvency, return and age of the figures

Solvency

-2.8%

Return on assets

-8.7%

Age of the figures

57 mo

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Construction of residential and non-residential buildings (NACE 41)

about 67% more bankruptcies

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed after the deadline

The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 29-08-2022, 29 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 · 1 filing

Deviation from the deadline

2021

29 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2021 accounts 29 days after the deadline; the sector median for financial year 2021 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

TR HOME CONSTRUCT was incorporated on 3 March 2021 as a Private limited company.¹ The company has filed annual accounts once, for fiscal year 2021.²

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2021, micro schema

Equity

-€1,665

Total assets

€59,111

Net result

-€5,165

Working capital

-€6,346

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €57,736

27.8%

72.2%

Fixed assets €16,068

Current assets €41,668

Key figures and ratios

2021 value

EBITDA

-€1,057

Cash flow

-€1,509

Solvency

-2.8%

Current ratio

0.87

Debt to equity

-36.51

ROA

-8.7%

Interest coverage

-2.32

Debt

€60,775

Debt ≤ 1 year

€48,014

Debt > 1 year

€12,762

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2021 · 38 lines

Balance sheet Code2021

Assets

Total assets20/58€59,111

Formation expenses20€1,375

Fixed assets21/28€16,068

Tangible fixed assets22/27€16,068

Furniture and vehicles24€16,068

Current assets29/58€41,668

Amounts receivable within one year40/41€9,203

Trade receivables40€3,353

Other amounts receivable41€5,849

Cash at bank and in hand54/58€31,968

Deferred charges and accrued income490/1€497

Equity and liabilities

Total equity and liabilities10/49€59,111

Equity10/15-€1,665

Contributions10/11€3,500

Profit (loss) carried forward14-€5,165

Amounts payable17/49€60,775

Amounts payable after more than one year17€12,762

Financial debts170/4€12,762

Amounts payable within one year42/48€48,014

Current portion of amounts payable after more than one year42€3,664

Trade debts44€27,740

Suppliers440/4€27,740

Taxes, remuneration and social security45€7,630

Taxes450/3€3,130

Remuneration and social security454/9€4,500

Other amounts payable47/48€8,979

Income statement Code2021

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,655

Other operating charges640/8€112

Gross operating margin9900-€946

Operating profit (loss)9901-€4,713

Financial income75/76B€3

Recurring financial income75€3

Financial charges65/66B€455

Recurring financial charges65€455

Profit (loss) for the period before taxes9903-€5,165

Profit (loss) for the period9904-€5,165

Profit (loss) for the period to be appropriated9905-€5,165

Appropriation of the result

Profit (loss) to be appropriated9906-€5,165

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€3,655
Other operating charges640/8	€112
Gross operating margin9900	-€946
Operating profit (loss)9901	-€4,713
Financial income75/76B	€3
Recurring financial income75	€3
Financial charges65/66B	€455
Recurring financial charges65	€455
Profit (loss) for the period before taxes9903	-€5,165
Profit (loss) for the period9904	-€5,165
Profit (loss) for the period to be appropriated9905	-€5,165

Line	2021
Assets
Total assets20/58	€59,111
Formation expenses20	€1,375
Fixed assets21/28	€16,068
Tangible fixed assets22/27	€16,068
Furniture and vehicles24	€16,068
Current assets29/58	€41,668
Amounts receivable within one year40/41	€9,203
Trade receivables40	€3,353
Other amounts receivable41	€5,849
Cash at bank and in hand54/58	€31,968
Deferred charges and accrued income490/1	€497
Equity and liabilities
Total equity and liabilities10/49	€59,111
Equity10/15	-€1,665
Contributions10/11	€3,500
Profit (loss) carried forward14	-€5,165
Amounts payable17/49	€60,775
Amounts payable after more than one year17	€12,762
Financial debts170/4	€12,762
Amounts payable within one year42/48	€48,014
Current portion of amounts payable after more than one year42	€3,664
Trade debts44	€27,740
Suppliers440/4	€27,740
Taxes, remuneration and social security45	€7,630
Taxes450/3	€3,130
Remuneration and social security454/9	€4,500
Other amounts payable47/48	€8,979

Line	2021
Profit (loss) for the period9904	-€5,165
+ Depreciation and write-downs630	€3,655
Operating cash flow (approximation)	-€1,509

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

All 1Filings 1

2022

29-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 29 days late

NBB filing

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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Amay · 1 establishment unit since 2021

seat establishment The establishment unit on the map

Ground area

763 m²

Building footprint

107 m²

Parcel 61004B0582/00W000, Wallonia. Linked by address, not a title deed.

1 establishment unit

TR HOME CONSTRUCT

Rue Verte Voie(AMP) 14, 4540 AmayRepair, maintenance and installation of machinery and equipment

since 20212.314.143.252

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
61004B0582/00W000	Wallonia	763 m²	1 · 107 m²	-

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.

Similar companies · same sector and region

BATI'S CONSTRUCT

BE 0479.154.957

Amay

CALITE CONSTRUCTION SPRL

BE 0554.731.617

Amay

Constructions Modernes

BE 0507.919.516

Amay

ENTREPRISE JOANNES TH

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 29,786 companies in sector 41001 we hold annual accounts for 16,061. See the whole sector

Identification & contact

Identification

Legal formPrivate limited company

Founded03-03-2021

Fiscal year end31-12

Activities, NACEBEL 2025

41001General construction of residential buildings

41002Construction of residential and non-residential buildings

43211General electrical installation work

43221Plumbing work

43320Joinery installation

E-invoicing

Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Scores and ratios are computed by Checked and are not a credit decision.