TVB Construct
ActiveSummary
TVB Construct has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,746 and a net result of -€15,217. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.3% (very low).
Financials · fiscal year 2025, micro schema
2022 to 2025, 4 fiscal years
The operating result turns negative in 2025: a loss of €5,034 after €73,794 in 2024.
What the company sold each fiscal 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.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 819 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95% are still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,471 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% | 1.0% |
| 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% 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 819 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,318 | - | - | - | - |
| Other operating charges640/8 | €1,569 | €915 | €2,510 | €1,375 | ▼ 45.2% |
| Gross operating margin9900 | -€5,305 | €65,093 | €76,304 | -€3,659 | ▼ 105% |
| Operating profit (loss)9901 | -€9,191 | €64,178 | €73,794 | -€5,034 | ▼ 107% |
| Financial charges65/66B | €10,836 | €17,008 | €7,849 | €10,183 | ▲ 29.7% |
| Recurring financial charges65 | €10,836 | €17,008 | €7,849 | €10,183 | ▲ 29.7% |
| Profit (loss) for the period before taxes9903 | -€20,027 | €47,170 | €65,945 | -€15,217 | ▼ 123% |
| Income taxes67/77 | - | €6,825 | €20,983 | - | - |
| Profit (loss) for the period9904 | -€20,027 | €40,345 | €44,963 | -€15,217 | ▼ 134% |
| Profit (loss) for the period to be appropriated9905 | -€20,027 | €40,345 | €44,963 | -€15,217 | ▼ 134% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €494,511 | €260,629 | €415,949 | €594,915 | ▲ 43.0% |
| Formation expenses20 | - | - | - | €0 | - |
| Current assets29/58 | €494,511 | €260,629 | €415,949 | €594,915 | ▲ 43.0% |
| Stocks and contracts in progress3 | €493,514 | €255,990 | €249,872 | €504,047 | ▲ 102% |
| Stocks30/36 | €493,514 | €255,990 | €249,872 | €504,047 | ▲ 102% |
| Amounts receivable within one year40/41 | - | - | €1,014 | €5,000 | ▲ 393% |
| Other amounts receivable41 | - | - | €1,014 | €5,000 | ▲ 393% |
| Cash at bank and in hand54/58 | €600 | €4,132 | €164,432 | €85,182 | ▼ 48.2% |
| Deferred charges and accrued income490/1 | €397 | €507 | €631 | €686 | ▲ 8.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €494,511 | €260,629 | €415,949 | €594,915 | ▲ 43.0% |
| Equity10/15 | -€15,027 | €25,318 | €49,963 | €34,746 | ▼ 30.5% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | - | - | €44,963 | €44,963 | = |
| Distributable reserves133 | - | - | €44,963 | €44,963 | = |
| Profit (loss) carried forward14 | -€20,027 | €20,318 | - | -€15,217 | - |
| Amounts payable17/49 | €509,538 | €235,311 | €365,986 | €560,169 | ▲ 53.1% |
| Amounts payable after more than one year17 | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Financial debts170/4 | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Amounts payable within one year42/48 | €357,951 | €83,770 | €213,728 | €407,990 | ▲ 90.9% |
| Financial debts43 | €348,000 | €42,450 | €165,000 | €330,000 | ▲ 100% |
| Credit institutions430/8 | €348,000 | €42,450 | €165,000 | €330,000 | ▲ 100% |
| Trade debts44 | €348 | €6,636 | €548 | €333 | ▼ 39.1% |
| Suppliers440/4 | €348 | €6,636 | €548 | €333 | ▼ 39.1% |
| Taxes, remuneration and social security45 | - | €6,825 | €11,321 | - | - |
| Taxes450/3 | - | €6,825 | €11,321 | - | - |
| Other amounts payable47/48 | €9,604 | €27,859 | €36,859 | €77,657 | ▲ 111% |
| Accrued charges and deferred income492/3 | €1,587 | €1,541 | €2,258 | €2,179 | ▼ 3.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€20,027 | €40,345 | €44,963 | -€15,217 | ▼ 134% |
| + Depreciation and write-downs630 | €2,318 | - | - | - | - |
| Operating cash flow (approximation) | -€17,709 | €40,345 | €44,963 | -€15,217 | ▼ 134% |
| Change in cash | - | €3,532 | €160,300 | -€79,250 | ▼ 149% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.