Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TL CONSTRUCT from Glabbeek, company number BE0477701739, closed financial year 2025 with a result of € -64,100 after tax. For that financial year TL CONSTRUCT recorded a gross margin of € 38,984 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 43,432 to € -64,100. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ 1.3 million
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -64,100
▼ still € 43,432 profit in 2024
Profit after tax over the fiscal year.
€ 1,759
▲ € 1,733 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.1 million.
Debts at end 2025
€ 288,469
▲ 178% vs 2024
€ 29,226 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 24,861
▼ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,481
▼ 65% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 362,860 | € 497,579 | € 174,635 | € 38,984 | ▼ 78% |
| Profit after taxes | € 214,032 | € 264,191 | € 43,432 | € -64,100 | ▼ € 107,532 |
| Equity | € 974,932 | € 1,307,448 | € 1,350,880 | € 1,286,780 | ▼ 5% |
| Total debts | € 483,624 | € 300,177 | € 379,151 | € 658,188 | ▲ 74% |
| Cash | € 722 | € 182,358 | € 26 | € 1,759 | ▲ € 1,733 |
| Land & buildings | € 622,468 | € 416,260 | € 1,683,358 | € 1,904,003 | ▲ 13% |
| Retained profit | € 746,422 | € 1,078,938 | € 1,122,370 | € 1,058,270 | ▼ 6% |
| Bank debt | € 148,670 | € 225,442 | € 103,838 | € 288,469 | ▲ 178% |
| Balance sheet total | € 1,458,556 | € 1,641,787 | € 1,763,157 | € 1,977,059 | ▲ 12% |
Key figures of TL CONSTRUCT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to TL CONSTRUCT?
What happened at TL CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 64,100 (▼ € 107,532 vs 2024). filed late Source: NBB ↗
- New establishment in Glabbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 214,032 profit in 2022 to € 64,100 loss in 2025.
Paid € 215,644 in corporate taxes since 2022.
Best year ever: 2023, with € 264,191 profit.
Management
Behind TL CONSTRUCT is Luc Boesmans . Luc Boesmans is also behind INDELPRO.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Ruekenbosstraat 9
3380 Glabbeek
Ruekenbosstraat 5 B
3380 Glabbeek
Active since 17 December 2002
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.701.739
- VAT number
- BE 0477.701.739
- Registered office
- Ruekenbosstraat 9, 3380 Glabbeek
- Names & denominations
- TL CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 June 2002
- Peppol
- Active · Active since 4 Feb 2025
- Activities · NACE
Algemene elektrotechnische installatiewerken
Elektrische installatie
Algemene bouw van residentiële gebouwen
Sanitaire werkzaamheden
Bouwen van individuele huizen
Overig loodgieterswerk