TTI Toitures Construct
ActiveSummary
The computed 12-month bankruptcy probability of TTI Toitures Construct is 2.3% (moderate). The 2025 annual accounts show negative equity (-€556) and a net result of -€3,591. Its solvency ranks better than 9% of 34,807 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- -€556
- Loss
- -€3,591
Why 50raises riskLast filed accounts filed 31 days late; 1 of the last 3 lateFounded in 2023lowers riskSize: total assets €17,422Liquidity: current ratio 0.97, cash €4,235Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 8% on solvency, 19% on liquidity, 4% on profitability and 3% on growth.
The bankruptcy probability was computed on 29-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
This company filed its last 2 accounts on average 30 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Appointment: IFEROUDJENE Farid (director)Shareholding · Power of attorney…
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00465615.
2024 to 2025, 2 financial years
The operating result turns negative in 2025: a loss of €3,025 after €2,172 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.8% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Gross operating margin9900 | €2,172 | -€3,025 | - |
| Operating profit (loss)9901 | €2,172 | -€3,025 | - |
| Financial charges65/66B | €137 | €99 | ▼ 27.8% |
| Recurring financial charges65 | €137 | €99 | ▼ 27.8% |
| Profit (loss) for the period before taxes9903 | €2,035 | -€3,124 | - |
| Income taxes67/77 | - | €467 | - |
| Profit (loss) for the period9904 | €2,035 | -€3,591 | - |
| Profit (loss) for the period to be appropriated9905 | €2,035 | -€3,591 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €20,622 | €17,422 | ▼ 15.5% |
| Current assets29/58 | €20,622 | €17,422 | ▼ 15.5% |
| Amounts receivable within one year40/41 | €12,987 | €13,187 | ▲ 1.5% |
| Trade receivables40 | €11,370 | €11,770 | ▲ 3.5% |
| Other amounts receivable41 | €1,617 | €1,417 | ▼ 12.4% |
| Cash at bank and in hand54/58 | €7,635 | €4,235 | ▼ 44.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €20,622 | €17,422 | ▼ 15.5% |
| Equity10/15 | €2,035 | -€556 | - |
| Contributions10/11 | - | €1,000 | - |
| Profit (loss) carried forward14 | €2,035 | -€1,556 | - |
| Amounts payable17/49 | €18,587 | €17,977 | ▼ 3.3% |
| Amounts payable within one year42/48 | €18,587 | €17,977 | ▼ 3.3% |
| Trade debts44 | - | €1,979 | - |
| Suppliers440/4 | - | €1,979 | - |
| Other amounts payable47/48 | €18,587 | €15,998 | ▼ 13.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €2,035 | -€3,591 | - |
| Operating cash flow (approximation) | €2,035 | -€3,591 | - |
| Change in cash | - | -€3,400 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00465615 |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00420076 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BELLOUM Omar |
|
| IFEROUDJENE Farid |
|
Owners and capital
Capital and shareholders
- BELLOUM Omar 20 shares
- IFEROUDJENE Farid 80 shares
- BELLOUM Omar 100 shares (100%) · €1,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 26-06-2023 Incorporation · €1,000 · 100 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
24-06
Gazette deed
Appointment: IFEROUDJENE Farid (director)Shareholding · Power of attorney · Name change15 facts ▸
- General meeting, 20-06-2025
- Shareholding, “actions”, 20 (deed in French)
- Shareholding, “actions”, 80 (deed in French)
- Power of attorney, IFEROUDJENE Fatma
- Other provision, “quorum et régularité de l'assemblée, apte à délibérer valablement sur tous les points à l'ordre du jour” (deed in French)
- Name change, TTI Toitures Construct
- Amendment of the articles, 1
- Purpose change
- Amendment of the articles, 3
- Director appointment, IFEROUDJENE Farid (director)
- Director in office, BELLOUM Omar (director)
- Power of attorney
- +3 further facts in this act
26-06
Gazette deed
IncorporationAppointment: BELLOUM Omar (director) · Founder · Founding capital13 facts ▸
- Incorporation, 20-06-2023
- Founder, BELLOUM Omar
- Other provision, 07-06-2023
- Founding capital, €1,000
- Bank account, “compte spécial, société en formation” (deed in French)
- Declaration, “attestation de dépôt, Code des sociétés et des associations” (deed in French)
- Other provision, “arrêt des statuts” (deed in French)
- Capital
- General meeting, “dispositions finales et/ou transitoires 1-6, unanimité” (deed in French)
- Registered office clause, “6040 Jumet,rue Saint Ghislain,76 A” (deed in French)
- Board rule, 1
- Director appointment, BELLOUM Omar (director (not named in the articles))
- +1 further fact in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0803.020.537
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52362A0626/00E005 | Wallonia | 453 m² | 1 · 59 m² | 10.9 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Le placement de panneaux photovoltaïques; Le placement et la maintenance de pompes à chaleur; Le placement et la maintenance de boilers…” (deed in French)
5 activities (deed in French)
- Le placement de panneaux photovoltaïques
- Le placement et la maintenance de pompes à chaleur
- Le placement et la maintenance de boilers thermodynamiques
- Les activités d’électricité générale du bâtiment
- La mise en place de système d’économie d’énergie dans les bâtiments, les travaux d’isolation thermiques, la performance énergétique du bâtiment au sens le plus large
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- TTI PHOTOVOLTAIQUES
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, organe d’administration” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, organe d’administration” (deed in French)“Frais de représentation, voyages et déplacements, portée aux frais généraux” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, requises par le Code des sociétés et des associations” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Transmises pour cause de mort sans agrément, cédées entre vifs sans agrément” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Tuesday of May at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour modifications aux statuts, en tout temps par décision de l’assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Faculté assemblée de désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments, quelque cause et moment” (deed in French)