TT Construct Reynaert
ActiveThe computed 12-month bankruptcy probability of TT Construct Reynaert is 2.6% (moderate). The 2025 annual accounts show equity of €55k and a net result of €-108. Equity is growing by ~24.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 27386 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
65
/ 100
Healthy▼ -28 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency100=
Growth52=
Stability94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 15.37 against 8.53 in 2024), and 5.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-09-2026, 38 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 · 4 filingsDeviation from the deadline
2025
38 d late
2024
58 d late
2023
37 d early
2022
99 d late
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€55k▼ 0.2%
2024 · €55k
2022: €22k
2023: €42k
2024: €55k
2022 → 2025
Total assets
€58k▼ 5.3%
2024 · €61k
2022: €40k
2023: €48k
2024: €61k
2022 → 2025
Net result
€-108
2024 · €13k
2022: €20k
2023: €21k
2024: €13k
2022 → 2025
Working capital
€41k▼ 9.4%
2024 · €45k
2022: €16k
2023: €33k
2024: €45k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€22k-€42k▲ 94.4%€55k▲ 29.8%€55k▼ 0.2%
Operating result€26k-€28k▲ 7.2%€19k▼ 31.6%€3k▼ 85.6%
Net result€20k-€21k▲ 1.4%€13k▼ 38.6%€-108
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 86% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €58k
Fixed assets
€15k▲ 39.5%
Current assets
€44k▼ 14.5%
Equity and liabilities €58k
Equity
€55k▼ 0.2%
Debt
€3k▼ 48.6%
The debt ratio falls from 10.5% to 5.7%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€6k▼
2024 · €21k
Cash flow
€3k▼
2024 · €14k
Solvency
94.3%▲
2024 · 89.5%
Current ratio
15.37▲
2024 · 8.53
Quick ratio
15.37▲
2024 · 8.53
Debt / equity
0.06▼
2024 · 0.12
ROE
-0.2%▼
2024 · 23.0%
ROA
-0.2%▼
2024 · 20.6%
Interest coverage
2.50▼
2024 · 7.03
Debt
€3k▼
2024 · €6k
Debt ≤ 1 year
€3k▼
2024 · €6k
Income taxes
€1k▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€61k€58k▼
Fixed assets21/28€10k€15k▲
Tangible fixed assets22/27€10k€15k▲
Land and buildings22-€5k
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€6k€6k▲
Current assets29/58€51k€44k▼
Amounts receivable within one year40/41€26k€25k▼
Trade receivables40€8k€7k▼
Other amounts receivable41€17k€19k▲
Cash at bank and in hand54/58€25k€17k▼
Deferred charges and accrued income490/1€650€951▲
Equity and liabilities
Total equity and liabilities10/49€61k€58k▼
Equity10/15€55k€55k▼
Contributions10/11€2k€2k=
Reserves13€53k€53k▼
Distributable reserves133€53k€53k▼
Amounts payable17/49€6k€3k▼
Amounts payable within one year42/48€6k€3k▼
Trade debts44€4k€884▼
Suppliers440/4€4k€884▼
Taxes, remuneration and social security45€2k€2k=
Taxes450/3€2k€2k=
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€489€489=
Income statement
Code20242025
Non-recurring operating income76A€6k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€591€2k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€21k€7k▼
Operating profit (loss)9901€19k€3k▼
Financial income75/76B€376€709▲
Recurring financial income75€376€709▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€16k€1k▼
Income taxes67/77€4k€1k▼
Profit (loss) for the period9904€13k€-108▼
Profit (loss) for the period to be appropriated9905€13k€-108▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€-108▼
Transfer from equity791/2-€108
Transfer to equity691/2€13k€0▼
To other reserves6921€13k€0▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 38 days late
2025
31-12
Financial
Weakest financial yearnet €-108 ▼101%
Net result drops to €-108, the lowest in the series.
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 58 days late
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €21k ▲1.4%
Operating result €28k, net result €21k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 6.60
Current ratio from 1.87 to 6.60; short-term debt falls from €18k to €6k.
07-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 99 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Kortemark · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kapellestraat 298610 KortemarkGround area
380 m²
Building footprint
112 m²
Volume, LiDAR
580 m³
Parcel 32011C0846/00Z002, Flanders · tallest building 10.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
TT Construct Reynaert
since 20222.329.257.931
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32011C0846/00Z002 | Flanders | 380 m² | 1 · 112 m² | 9.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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, comparable size
VIXIT
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DFN PERFECT MENUISERIE
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Ets TOLBECQ
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Batilex
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Comines-Warneton · Eq €55k
Of 19,947 companies in sector 43320 we hold annual accounts for 9,084. 7,420 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-03-2022
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
43341Painting of buildings
43343Specialised construction activities
43910Bricklaying and masonry work
43994Specialised construction activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.