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 52 % of short-term debt in 2023; threshold 65 %.
-
Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
TE Construct from Hamont-Achel, company number BE0506686626, closed financial year 2023 with a result of € 58,506 after tax. For that financial year TE Construct recorded a gross margin of € 73,792 and equity of € 18,600. Compared with financial year 2022, the result moved from € 64,134 to € 58,506. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2024.
€ 18,600
▼ 28% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 58,506
▼ 9% vs 2022
Profit after tax over the fiscal year.
€ 22,426
▼ 11% vs 2022
Cash and bank balances on the last day of the fiscal year.
€ 65,696 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 1,487
▼ 13% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 2,821
▼ 31% vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 62,926 | € 78,066 | € 73,792 | ▼ 5% |
| Profit after taxes | € 126,719 | € 64,134 | € 58,506 | ▼ 9% |
| Equity | € 25,891 | € 25,789 | € 18,600 | ▼ 28% |
| Total debts | € 181,864 | € 72,425 | € 71,396 | ▼ 1% |
| Cash | € 43,770 | € 25,097 | € 22,426 | ▼ 11% |
| Retained profit | € 7,291 | € 7,189 | € 0 | ▼ 100% |
| Dividend | € 175,000 | € 64,235 | € 65,696 | ▲ 2% |
| Balance sheet total | € 207,755 | € 98,214 | € 89,996 | ▼ 8% |
Key figures of TE Construct, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to TE Construct?
What happened at TE Construct in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: profit of € 58,506 (▼ 9% vs 2022). Source: NBB ↗
- New establishment in Hamont-Achel. KBO
- Start of the company according to the CBE. KBO
- BERT COENJAERTS became a director. NBB
In short
From € 126,719 profit in 2021 to € 58,506 profit in 2023.
Paid € 46,334 in corporate taxes since 2021.
Best year ever: 2021, with € 126,719 profit.
Paid out € 304,931 in dividends to the owners in total.
Management
Behind TE Construct is BERT COENJAERTS. BERT COENJAERTS is also behind Schrijnwerkerij-Bouw-Interieur Coenjaerts.
Directors
According to the 2023 annual accounts
since 2014
Establishments
Establishment units
Physical locations of this company
Eind 65
3930 Hamont-Achel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0506.686.626
- VAT number
- BE 0506.686.626
- Registered office
- Eind 65, 3930 Hamont-Achel
- Names & denominations
- TE Construct
- Enterprise type
- Rechtspersoon
- Legal form
- Limited partnership
- Legal situation
- Normale toestand
- Start date
- 9 December 2014
- Peppol
- Active · Active since 6 Feb 2026
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Overige dienstverlenende activiteiten op het gebied van informatie
Overige dienstverlenende activiteiten op het gebied van informatie, n.e. g.