TVG Projects

Active

Private limited companyfounded 2022active for 4 yearsKBO/BCE: BE 0788.799.644

Summary

The computed 12-month bankruptcy probability of TVG Projects is 9.4% (elevated). The 2024 annual accounts show equity of €73,997 and a net result of €35,475. Its solvency ranks better than 68% of 9,839 sector peers (NACE 41, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).

Risk analysisFollow Report Compare

TVG ProjectsActiveChecked score 36/100

Risk analysis Report Compare

Activity

General construction of residential buildings

NACE 41001

1 site

Size

€125,768total assets 2024

Equity: €73,997
Profit: €35,475

Turnover not published (micro format)

Financial health

36 Weak Checked score 2024

Bankruptcy probabilitywithin 12 months: 9.4%

Structure

Accounts 85 days overdue0 of 1 deed read

Why 36raises risk2 ex-officio strike-offs in the KBOFounded in 2022Figures for financial year 2024 (filed 31-07-2025)Sector: Construction of residential and non-residential buildings (NACE 41)Show the evidence

Checked score

Score 2024

36 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 72% of its sector peers (NACE 41, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Strong

Solvency 84+16

equity 58.8% of total assets

Liquidity 43=

short-term debt 24.9% · cash 1.6%

Profitability 100=

return on assets 28.2%

Bankruptcy probability, 12 months

9.4% Elevated

0%0.5%1.5%4%10%≥ 25%

About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,433 companies, NACE 41, micro)

Last 24 months 11-2024: 4.0% 12-2024: 4.0%● unchanged vs 11-2024 01-2025: 3.9%▼ -0.1 percentage points vs 12-2024 02-2025: 3.9%● unchanged vs 01-2025 03-2025: 3.9%● unchanged vs 02-2025lowest value 04-2025: 4.0%▲ +0.1 percentage points vs 03-2025 05-2025: 7.6%▲ +3.6 percentage points vs 04-2025 06-2025: 7.6%● unchanged vs 05-2025 07-2025: 8.0%▲ +0.4 percentage points vs 06-2025 08-2025: 6.3%▼ -1.7 percentage points vs 07-2025 09-2025: 6.3%● unchanged vs 08-2025 10-2025: 6.4%▲ +0.1 percentage points vs 09-2025 11-2025: 6.4%● unchanged vs 10-2025 12-2025: 6.4%● unchanged vs 11-2025 01-2026: 6.3%▼ -0.1 percentage points vs 12-2025 02-2026: 6.3%● unchanged vs 01-2026 03-2026: 6.3%● unchanged vs 02-2026 04-2026: 5.5%▼ -0.8 percentage points vs 03-2026 05-2026: 5.9%▲ +0.4 percentage points vs 04-2026 06-2026: 5.9%● unchanged vs 05-2026 07-2026: 6.1%▲ +0.2 percentage points vs 06-2026 08-2026: 7.9%▲ +1.8 percentage points vs 07-2026 09-2026: 8.2%▲ +0.3 percentage points vs 08-2026 10-2026: 9.4%▲ +1.2 percentage points vs 09-2026highest value

Credit of up to €2,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms

Liquidity insufficient (current ratio 0.43, compared with 1.19 in 2023, below 1; short-term debt: 24.9% and cash: 1.6% of total assets), and 41.2% of the assets are financed with debt and provisions.

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 41, micro): better than 68% on solvency, 40% on liquidity, 91% on profitability and 87% on growth.

The bankruptcy probability was computed on 23-10-2026 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).

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Signals

Seven signals.

raises riskneutral

2 ex-officio strike-offs in the KBO

KBO publications

Founded in 2022

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Figures for financial year 2024 (filed 31-07-2025)

NBB · annual accounts

Sector: Construction of residential and non-residential buildings (NACE 41)

KBO

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 85 days later.

NBB · 2 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline24-10-2026 today

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

not filed

2024

1 day early

2023

5 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 3 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Administrative warnings in the KBO publications

2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.

KBO publications

Publications

UBO non-complianceAddress struck

20-07-2026 Address struckKatersberg 129 2440 L’adresse du…
30-07-2025 Annual accounts filedfinancial year 2024 · micro…
11-04-2025 UBO non-complianceevent 31-03-2025

Key points

Caution: Accounts not fileddeadline was 31-07-2026 85 days late View
Positive: Among the best 18% on net resultsector median €7,908 · 9,829 companies €35,475 View
Total assets 20242 financial years filed €125,768 View

By topic

Financials

Financial year: 2024
Total assets: €125,768
Profit: €35,475
Solvency: 58.8%

Total assets▲ 41.4%

Net result

20232024

Go to Financials

Timeline

Events: 4
Since: 2024

26-07-2024Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: General construction of residential buildingsNACE 41001
Founded: 20-07-2022
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about TVG Projects

What is the company number of TVG Projects?: 0788.799.644. In Belgium the VAT number is the company number with BE in front: BE 0788.799.644.
What does TVG Projects do?: According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of TVG Projects?: Private limited company (BV).
When was TVG Projects founded?: On 20-07-2022.
Is TVG Projects still active?: Yes, TVG Projects is an active enterprise in the KBO register.Company details
What is the turnover of TVG Projects?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is TVG Projects profitable?: In financial year 2024, TVG Projects made a profit of €35,475.
Where can I find the annual accounts of TVG Projects?: TVG Projects filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.