Turnover
≈ €43,000 estimated
The micro format states no turnover.
TSV CONSTRUCT
Lifetime
7 annual accounts with figures on one time axispeak €44,621 (2021)
€4,336▼ 82.4%
lowest -€18,424 (2023)
-€691▼ €19,408
peak €80,195 (2024)
€79,504▼ 0.9%
€63,067▼ 23.0%
Board2 names since 2019
1 director
Documentsfilings and deeds
02-09-202633 days late
2025micro format
Gross margin from €24,682 to €4,336Loss of €691Debts from €81,874 to €63,067
Key points
from the 2025 annual accountsInvestments
€18,264 5.3 × depreciation
Green is investment, beige is depreciation.
Filings
7 annual accounts 7 late
The 2019 accounts came latest: 112 days after the end of the period.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,440 companies had the same profile as TSV CONSTRUCT has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,440 companies, not a prediction for TSV 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
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Signals
Board and ownership
Director
- 20 sharesdeed of 04-02-2019
- 80 sharesdeed of 04-02-2019
Recent changes
Registered office moved from Forest to Brussels
New registered office: Avenue Victor Rousseau 133, 1190 Bruxelles · Previous registered office: Avenue d'Uccle, 46-1190 Forest · General meeting of 17-09-2021 · Gazette deed
Incorporation
Founding capital of €18,600, 100 shares, €6,200 paid up · Founders: and · Appointment: (manager) · published on 04-02-2019 · Gazette deed
First establishment
Ukkelse laan 46, Forest
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TSV CONSTRUCT | €142,571 | €4,336 | 55.8% | - |
| DXL Kortrijk | €95,152 | €3,804 | 91.7% | - |
| Les Compagnons Renov La Hulpe | €127,877 | €2,492 | 49.6% | - |
| TECHDOOR Schaerbeek | €90,315 | €3,291 | 99.3% | - |
| Art'7 Home Charleroi | €96,638 | €4,451 | -2.6% | - |
| LEBBE JEAN-BAPTISTE Bruges | €162,747 | €7,521 | 51.1% | - |
| GYPROA FINISH Buggenhout | €135,795 | €2,367 | 69.2% | - |
These companies have the same main activity as TSV CONSTRUCT: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €90,300 and €163,000, founded between 2016 and 2021.
Official details
Source: KBO- Status
- Active since 31-01-2019Normal situation
- Legal form
- Private limited company (pre-2019)
- Activity
- Other building finishing workNACE 43350
- Establishment unit
- 2.285.118.8721190 Forest, since 31-01-2019
- Financial year end
- 31 December
- Peppol
- Reachable
Insights on TSV CONSTRUCT
TSV CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €30,286 in 2019 to €4,336 in 2025.
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 TSV CONSTRUCT
- What is the company number of TSV CONSTRUCT?
- The company number of TSV CONSTRUCT is 0719.643.493. The VAT number is the same number with BE in front: BE 0719.643.493.
- What does TSV CONSTRUCT do?
- According to the KBO register, the main activity is other building finishing work (NACE 43350).
- What is the legal form of TSV CONSTRUCT?
- TSV CONSTRUCT is a private limited company (pre-2019) (BVBA).
- When was TSV CONSTRUCT founded?
- TSV CONSTRUCT was founded on 31-01-2019.
- Is TSV CONSTRUCT still active?
- Yes, TSV CONSTRUCT is an active enterprise in the KBO register.Company details
- What is the turnover of TSV CONSTRUCT?
- The turnover in financial year 2025 is ≈ €43,000. This figure is estimated from the gross margin of €4,336 and 37 comparable companies (NACE 43350). It probably lies between €25,000 and €92,000. It is a rough estimate.Financials
- Is TSV CONSTRUCT profitable?
- In financial year 2025, TSV CONSTRUCT made a loss of €691.
- Where can I find the annual accounts of TSV CONSTRUCT?
- TSV CONSTRUCT filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TSV CONSTRUCT due?
- TSV CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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