Turnover
≈ €190,000 estimated
The micro format states no turnover.
TSB CONSTRUCT
Overview
Lifetime
1 annual account with figurespeak €15,372 (2025)
€15,372
peak €10,871 (2025)
€10,871
peak €12,512 (2025)
€12,512
€10,650
Board2 names since 2025
1 directorSOUGNÉ Frédéric Marc Annie Ghislain
Documentsfilings and deeds
03-04-2026119 days before the deadline
2025micro format
Resignation: Sougné Darcy (director) 30-12Incorporation 19-09Dividend €8591 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€2,500 100 shares
Board
1 left
A director left. Latest change 30-12-2025 · 1 in office.
Checked score
67
Healthy
Financially stronger than 77% of micro companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Financial strengthStrong
Score breakdown
raises risk
Founded in 2025
Size: total assets €23,162
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Liquidity: current ratio 1.04, cash €8,208
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 41, micro). It does better than 62% of them on solvency, 76% on liquidity and 91% on profitability.
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 low class on 30-06-2025, 0.8% 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, 11,279 companies had the same profile as TSB CONSTRUCT has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of TSB CONSTRUCT itself is higher: 1.2% within 12 months. It rests on far more data about TSB CONSTRUCT than the profile alone.
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 11,279 companies, not a prediction for TSB 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 €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.04, below the usual 1.5. Short-term debt is 46% and cash 35.4% of total assets. 46% 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 03-04-2026, 119 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
119 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- SOUGNÉ Frédéric Marc Annie Ghislain 100 sharesdeed of 19-09-2025
Recent changes
Resignation: Sougné Darcy (director)
General meeting of 27-10-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1027759243
Incorporation
Founding capital of €2,500, 100 shares · Appointments: SOUGNÉ Frédéric Marc Annie Ghislain (director) and SOUGNÉ Darcy Jeanne Fabrice Ghislaine (director) · Capital of €2,500, 100 shares · published on 19-09-2025 · Gazette deed
First establishment
Clos des Houx 5, Fléron
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TSB CONSTRUCT Fléron | €23,162 | €15,372 | 54.0% | - |
| 2B SOLUTIONS Asse | €24,294 | €13,982 | 98.7% | - |
| Doublé Roeselare | €25,887 | €15,286 | 70.3% | - |
| KM-MM Zaventem | €21,616 | €16,334 | 97.2% | - |
| Structure 8 Uccle | €20,856 | €13,927 | 52.8% | - |
| VURS Drogenbos | €25,296 | €18,294 | 57.6% | - |
| Technic Fix Beersel | €23,417 | €12,055 | 56.2% | - |
These companies have the same main activity as TSB CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €20,900 and €25,900, founded in 2025.
Official details
Source: KBO- Status
- Active since 17-09-2025Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 3 others
- Establishment unit
- 2.379.947.2604624 Fléron, since 17-09-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 04-11-2025
Annual accounts 2025
- €15,372
- €10,871
- €12,512
- €23,162
- Filing
- Filed on 03-04-2026, 119 days before the end of the filing period
Insights on TSB CONSTRUCT
TSB CONSTRUCT has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,512 and a net result of €10,871.
Its solvency ranks better than 62% of 9,462 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 03-04-2026, 119 days before the deadline€15,372
€14,721
€10,871
€444
54.0%
1.04
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 ≈ €190,000. Estimated: probably between €96,000 and €330,000.
Balance sheet
balance sheet total €23,162 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
54.0%
Higher than 62% of 9,462 companies in 2025.
1.04
Higher than 24% of 9,210 companies in 2025.
46.9%
Higher than 93% of 9,282 companies in 2025.
TSB CONSTRUCT
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
23,162 | |
21/28 |
12,067 | |
22/27 |
12,067 | |
23 |
5,913 | |
24 |
6,154 | |
29/58 |
11,094 | |
40/41 |
900 | |
40 |
466 | |
41 |
434 | |
54/58 |
8,208 | |
490/1 |
1,986 | |
| Balance sheet: equity and liabilities | ||
10/49 |
23,162 | |
10/15 |
12,512 | |
10/11 |
2,500 | |
14 |
10,012 | |
17/49 |
10,650 | |
42/48 |
10,650 | |
44 |
2,998 | |
440/4 |
2,998 | |
45 |
6,714 | |
450/3 |
4,714 | |
454/9 |
2,000 | |
47/48 |
939 | |
| Income statement | ||
9900 |
15,372 | |
630 |
630 | |
640/8 |
21 | |
9901 |
14,721 | |
65/66B |
11 | |
65 |
11 | |
9903 |
14,710 | |
67/77 |
3,839 | |
9904 |
10,871 | |
9905 |
10,871 | |
| Appropriation of the result | ||
9906 |
10,871 | |
694/7 |
859 | |
694 |
859 | |
| Document | ||
The notes to these accounts have 5 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 03-04-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 03-04-2026 | 2026-00078557 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 15,350 | ||
| 11,500 | ||
| 12,697 | ||
| 444 | ||
| 54.0% | ||
| 1.04 | ||
| 0.85 | ||
| 86.9% | ||
| 46.9% | ||
| over 100 |
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.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €12,697 |
| €630 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on TSB CONSTRUCT
Debt's share of the balance-sheet total is 46.0%.
Board & ownership
Board
1 director, no change since December 2025Director (not named in the articles)
since 17-09-2025
term without a fixed end
listed in the 2025 annual accounts, filed on 03-04-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 19-09-2025
Mandates through the years
2 names, the dashed line is todaySOUGNÉ Frédéric Marc Annie Ghislain
Director (not named in the articles)
Director (not named in the articles)
SOUGNÉ Darcy Jeanne Fabrice Ghislaine
Director (not named in the articles)
Director (not named in the articles)
BoardEarlier
Mandates as a list
- SOUGNÉ Frédéric Marc Annie Ghislain
- Director (not named in the articles), from 17-09-2025 to date
- SOUGNÉ Darcy Jeanne Fabrice Ghislaine
- Director (not named in the articles), appointed by deed of 19-09-2025, until 30-12-2025
Control
This company
TSB CONSTRUCT
Equity €12,512
Profit €10,871 in 2025
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- €125 in 2025
- Source
- deed of 19-09-2025
Articles of association
deed of 19-09-2025 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Tous les frais de procédure et d’expertise étant pour moitié à charge du cédant et pour moitié à charge du ou des acquéreurs…”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Les actions doivent être libérées à leur émission, En cas d'actionnaire unique-administrateur, ce dernier détermine librement, au fur et à…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 30 June at 18:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 19-09-2025 ↗
- SOUGNÉ Frédéric Marc Annie Ghislain 100 shares (100%) · €2,500 in cash
Network & group
No group
TSB CONSTRUCT has no parent and no holdings in its annual accounts. SOUGNÉ Frédéric Marc Annie Ghislain is the only director. TSB CONSTRUCT shares no director with another company.
At the same address
Clos des Houx 5, 4624 Fléron · 1 other company| Association des copropriétaires de la "Résidence HORIZON" à Fléron (ROMSEE) Clos des Houx, 5 (Ex rue Vallée des Saules).
registered office since 25-06-1974 |
founded in 1974 0875.005.722 |
Timeline
Timeline
5 events since 2025Board
Filings
Establishments
20252026
2026
Annual accounts 2025 filed PDFmicro format · 119 days before the deadline
2025
Resignation: Sougné Darcy (director)General meeting of 27-10-20252 points ▸
- General meeting, 27-10-2025
- Director resignation, Sougné Darcy
- The deed holds 1 more point.
Registered in the Peppol Directory Reachable for e-invoices through 0208:1027759243
IncorporationFounding capital of €2,500, 100 shares · Appointments: SOUGNÉ Frédéric Marc Annie Ghislain (director) and SOUGNÉ Darcy Jeanne Fabrice Ghislaine (director) · Capital of €2,500, 100 shares · published on 19-09-20256 points ▸
- Founding capital, €2,500, 100 shares
- Capital, €2,500, 100 shares
- Registered office clause, Clos des Houx 5/C, 4624 Romsée
- Board rule, 2
- Director appointment, SOUGNÉ Frédéric Marc Annie Ghislain (director (not named in the articles))
- Director appointment, SOUGNÉ Darcy Jeanne Fabrice Ghislaine (director (not named in the articles))
- The deed holds 7 more points.
First establishment Clos des Houx 5, Fléron
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 17 September 2025, TSB CONSTRUCT was incorporated as a private limited company by one natural person, with a starting capital of €2,500.12 SOUGNÉ Frédéric Marc Annie Ghislain has served as director since 2025.3 The company has filed annual accounts once, for financial year 2025.4
Company details
Identity
- Enterprise number
- 1027.759.243
- VAT number
- BE 1027.759.243
- Peppol ID
- 0208:1027759243
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 17-09-2025
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 30 June at 18:00deed of 19-09-2025 (in French)
- Peppol
- Reachable since 04-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- TSB CONSTRUCT in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 19-09-2025 (in French)
Activities
NACEBEL 202541001
General construction of residential buildings main activity
43110
Demolition
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L'étude et la réalisation de tous travaux de construction, publics et privés, en qualité d'entrepreneur général ou en sous-traitance, la…”deed of 19-09-2025 (in French)
29 activities
- L'étude et la réalisation de tous travaux de construction, publics et privés, en qualité d'entrepreneur général ou en sous-traitance, la conception et la construction de tous bâtiments et édifices, l'étude et la réalisation de décorations tant intérieures qu'extérieures
- Toutes opérations se rapportant directement ou indirectement à l'entretien, la rénovation, les travaux de réparations, d'embellissements, de renouvellement et de modernisation, et la maintenance de tous les types d'ouvrages d'art, de biens immeubles, et plus généralement toutes opérations se rapportant directement ou indirectement aux secteurs des travaux publics et privés et du bâtiment
- La peinture du bâtiment, de tapissage et de garnissage, d'isolation thermique et acoustique, de peinture industrielle
- L'installation d'échafaudage, de rejointoyage et nettoyage des façades, de travaux d'étanchéité et revêtements de constructions par asphaltage et bitumage
- La menuiserie en générale et notamment la fabrication, l'installation, la rénovation, la réparation, la mise en conformité et le dépannage de porte de tout type, d'escalier, de parquet, de plancher, de placards, cloison, lambris, faux plafonds, pergolas, vérandas, terrasse de tout type, de charpente de tout type, en bols et métallique, de volet intérieur et extérieur de tout type
- La protection contre l'incendie en général
- Les travaux de pose, remplacement et réfection de tous types de toiture, plate ou à versants
- Les travaux d'électricité en général, l'installation, la rénovation, la réparation, la mise en conformité et le dépannage
- Le placement de tout système de sécurité, et notamment les systèmes d'alarme, anti-intrusion, caméras
- La plomberie, sanitaire et le chauffage central, ainsi que l'installation, la rénovation, la réparation, la mise en conformité et le dépannage, ainsi que le placement de toutes cuisines équipées ou non et la vente et le placement de tous électroménagers en général
- Le plafonnage et le placement de tout enduit, isolation thermique ainsi que l'installation, la rénovation, la réparation, la mise en conformité et le dépannage
- La pose de chape de tout type, carrelage, pierre naturelle, ainsi que l'installation, la rénovation, la réparation, la mise en conformité et le dépannage
- L'établissement des abords de tout chantier ou immeuble, avant ou après travaux, par la pose de pavement, la plantation, et tous travaux d'aménagements d'extérieur en ce compris le drainage
- Tous travaux de voirie
- La prestation de conseils et d'assistance tant au point de vue technique qu'administratif et commercial à toutes sociétés et entreprises, pour tout ce qui concerne le secteur des biens immobiliers
- L'acquisition de tous terrains, la construction de tous bâtiments publics et particuliers, l'achat, la vente, la location, la division et le lotissement de tous immeubles
- La prise en considération de tous travaux concernant la distribution de l'eau, du gaz, de l'électricité, etc., l'établissement et l'exploitation de tous moyens de transport, ports, canaux, routes, etc.
- L'achat, la vente, la location, l'importation, l'exportation de tous matériaux, marchandises, appareils et outillages nécessaires aux travaux de construction, d'entretien, de maintenance, de réparation et de renouvellement des ouvrages d'art et bâtiments
- La préparation, la rédaction et la conclusion en tant que mandataire ou pour compte propre, de tous marchés de travaux publics ou privés ou de fourniture et faite toutes opérations se rattachant à ces objets
- L'activité d'entreprise de travaux de démolition, de terrassements, d'égouttage, creusement, comblement, nouvellement de chantiers de construction ouverture de tranchées et préparation des sites, travaux routiers et privés d'asphaltage et bitumage pavage et pose de bordures
- Le commerce de gros et de détail de matériaux de construction
- L'activité d'entreprise générale de construction et de parachèvement, rénovation, aménagement réparation de tous types de bâtiments, l'entreprise de carrelage, l'entreprise de maçonnerie et de béton, l'entreprise en toiture et zingue, l'entreprise de plomberie, de placement de chauffage et de sanitaires
- La société pourra effectuer toute opération immobilière comme marchand de biens, intermédiaire immobilier, promoteur, agent immobilier. A ce titre la société pourra acheter des terrains en vue de la construction d'habitations, et les mettre en location ou les vendre construire des bâtiments sur terrains appartenant à autrui, rénover des bâtiments en vue de les mettre en vente ou en location
- Elle se livrera aux diverses activités prévues ci-dessus en respectant les diverses réglementations qui pourraient limiter l'accès aux professions visées ou les soumettre à des conditions éventuellement non remplies dans son chef, et s'interdira l'exercice de toute opération limitée par la loi à laquelle elle n'aura pas été autorisée expressément
- La société pourra effectuer pour son propre compte, la constitution et la gestion d'un propre patrimoine mobilier ou immobilier notamment l'acquisition par l'achat ou autrement, la vente, l'échange la construction, la transformation, l'amélioration l'équipement, l'aménagement, l'embellissement, l'entretien, la location, le leasing, le syndic d'immeuble, la prise en location le lotissement, la prospection et l'exploitation de biens meubles et immeubles ainsi que toutes opérations qui directement ou indirectement sont en relation avec cet objet et qui sont de nature à favoriser l'accroissement et le rapport d'un patrimoine mobilier ou immobilier, de même que se porter caution pour la bonne fin d'engagements pris par des tiers
- La société pourra transformer et louer des immeubles à usage résidentiel commercial ou industriel, elle pourra en assumer la gestion au sens le plus large du terme améliorer et mettre en valeur son patrimoine immobilier. A cette fin, elle pourra accomplir tous actes d'administration, de gestion conclure des baux, effectuer tous placements, administrer et gérer son portefeuille
- Elle pourra accomplir toutes opérations industrielles, financières, commerciales ou civiles, immobilières ou non ayant un rapport direct ou indirect avec son objet et s'intéresser de toutes manières dans toutes sociétés ou entreprises dont les activités seraient de nature à favoriser la réalisation de son objet social
- Elle peut notamment se porter caution et donner toute sûreté personnelle ou réelle en faveur de toute personne ou société liée ou non
- La société peut être administrateur, gérant ou liquidateur
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Clos des Houx 5 registered office 4624 Fléron 4100105 General construction of residential buildings | 17-09-2025 | 2.379.947.260 |
Buildings and parcels at the address
- Ground area
- 9,112 m²
- Buildings
- 242 m²
- Volume, LiDAR
- 1,708 m³
- Tallest building
- 8.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62089A0296/00B000 | 9,112 m² | 1 · 241 m² | 8.3 m · 2 |
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 1027.759.243