ACTIVE

T.T. CONSTRUCT

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Financial year 2025 · closed on 31/12/2025

Net result

141 k €

+581.2% YoY

Gross margin

112,6 k €

+0.5% YoY

Equity

825,8 k €

+12.4% YoY

What does T.T. CONSTRUCT do?

T.T. CONSTRUCT is a Private limited company incorporated in 1994. Its main activity is: Water collection, treatment and supply. Its registered office is in Ciney.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0453.970.094

Incorporation

07/12/1994

Legal form

Private limited company

Registered office

Allée des Artisans 5
5590 Ciney · WallonieSee on map

Contributed capital

19 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

36630Water collection, treatment and supply· main 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate 32990Other manufacturing n.e.c.32990Other manufacturing n.e.c.46496Wholesale of other household goods+2

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	112,6 k €	+0.5%	112 k €	-9.2%	123,4 k €	-65.6%	359,1 k €	+174%	131 k €	+5.3%	124,4 k €	-30.3%	178,4 k €	+13.2%	157,7 k €	-8.2%	171,8 k €	-20.9%	217,1 k €	+7.5%	202 k €	+12.8%	179,1 k €	+2.9%	174 k €	-27.9%	241,3 k €	+29.9%	185,8 k €	-27.3%	255,5 k €	+2.8%	248,5 k €	+2.7%	241,9 k €	-34.5%	369 k €	+53.9%	239,8 k €
EBITDA	86 k €	-10.4%	96,1 k €	-11.1%	108 k €	-68.5%	342,6 k €	+226%	105,2 k €	+0.6%	104,6 k €	-36.5%	164,8 k €	+19.4%	138 k €	-10.0%	153,4 k €	-21.5%	195,4 k €	+6.3%	183,8 k €	+14.0%	161,2 k €	+4.8%	153,9 k €	-26.5%	209,3 k €	+28.1%	163,4 k €	-28.0%	226,9 k €	+8.4%	209,3 k €	-6.5%	223,8 k €	-35.5%	347,3 k €	+53.0%	227 k €
Operating result	53,3 k €	+6.1%	50,2 k €	-19.4%	62,3 k €	-78.8%	294,1 k €	+470%	51,6 k €	-15.9%	61,3 k €	-48.9%	120 k €	+30.8%	91,7 k €	-13.3%	105,8 k €	-28.1%	147,1 k €	+14.9%	128,1 k €	+26.2%	101,5 k €	+12.4%	90,3 k €	-28.5%	126,3 k €	+56.1%	80,9 k €	-6.4%	86,5 k €	-27.3%	119 k €	-8.6%	130,2 k €	-50.5%	262,7 k €	+104%	128,8 k €
Net result	141 k €	+581%	20,7 k €	-35.0%	31,9 k €	-84.5%	205,4 k €	+548%	31,7 k €	-13.4%	36,6 k €	-58.5%	88,1 k €	+42.8%	61,7 k €	-4.2%	64,4 k €	-28.2%	89,7 k €	+18.2%	75,9 k €	+55.1%	49 k €	+28.2%	38,2 k €	-6.1%	40,6 k €	+356%	8,9 k €	-29.9%	12,7 k €	-65.3%	36,6 k €	-11.3%	41,3 k €	-67.4%	126,6 k €	+235%	37,8 k €
Balance sheet
Equity	825,8 k €	+12.4%	734,8 k €	+2.9%	714,1 k €	+4.7%	682,2 k €	+43.1%	476,9 k €	+7.1%	445,2 k €	+8.9%	408,6 k €	-39.1%	671,2 k €	+5.8%	634,5 k €	+6.6%	595,1 k €	+11.1%	535,7 k €	+9.3%	490 k €	+324%	115,6 k €	-73.7%	439,6 k €	+10.1%	399,2 k €	+2.2%	390,6 k €	+3.3%	378,2 k €	+10.6%	341,8 k €	+13.6%	300,8 k €	+72.4%	174,5 k €
Total assets	1,5 M €	+8.3%	1,4 M €	-2.4%	1,4 M €	-5.3%	1,5 M €	-4.4%	1,5 M €	+35.7%	1,1 M €	-0.5%	1,1 M €	-6.5%	1,2 M €	-9.5%	1,4 M €	+1.3%	1,3 M €	-8.3%	1,5 M €	-4.8%	1,5 M €	-8.4%	1,7 M €	-14.5%	2 M €	+7.4%	1,8 M €	-7.0%	2 M €	+19.1%	1,6 M €	-6.5%	1,8 M €	-4.9%	1,8 M €	+0.9%	1,8 M €
Cash	40,4 k €	+63.8%	24,7 k €	+482%	4,2 k €	-73.2%	15,8 k €	+52.9%	10,3 k €	-21.8%	13,2 k €	-20.5%	16,6 k €	+487%	2,8 k €	-84.1%	17,8 k €	+424%	3,4 k €	+3076%	107 €	-78.7%	502 €	-88.5%	4,4 k €	-61.1%	11,2 k €	+365%	2,4 k €	-87.9%	19,9 k €	+2.2%	19,4 k €	-31.2%	28,2 k €	-62.2%	74,8 k €	+441%	13,8 k €
Debts	609 k €	+3.0%	591,2 k €	-8.8%	647,9 k €	-11.4%	731,1 k €	-29.6%	1 M €	+56.9%	662,1 k €	-5.9%	703,6 k €	+35.5%	519,3 k €	-24.4%	687,2 k €	-3.4%	711,7 k €	-18.2%	869,8 k €	-14.0%	1 M €	-34.1%	1,5 M €	+2.7%	1,5 M €	+6.5%	1,4 M €	-9.4%	1,5 M €	+23.9%	1,3 M €	-10.4%	1,4 M €	-8.8%	1,5 M €	-7.1%	1,6 M €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,4 ETP	0.0%	0,4 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

LRD Invest

Managing director · 1016.995.807

Represented by Romain DANDOY

Active

Ended mandates

Loïc DANDOY

Director

Ended

Loïc DANDOY

Associate

Ended

LRD Invest

Director · 1016.995.807

Represented by Romain Dandoy

Ended

LUC DANDOY

Administrator - manager

Ended

At this address

Other companies at this address

Company	CBE no.
Aile francophone de la Fédération royale belge de Tennis de Table● Active	0419.163.031
BUTTERFLY BELGIUM-NETHERLANDS● Active	0476.858.829
LRD Invest● Active	1016.995.807
LUC DANDOY SPORTS● Active	0445.862.973

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/08/2026	04/08/2025	01/08/2024	08/08/2023	08/07/2022	28/07/2021
General meeting	18/06/2026	19/06/2025	20/06/2024	15/06/2023	16/06/2022	17/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	18/06/2026	18/08/2026	French	PDF
Micro model	31/12/2024	19/06/2025	04/08/2025	French	PDF
Micro model	31/12/2023	20/06/2024	01/08/2024	French	PDF
Micro model	31/12/2022	15/06/2023	08/08/2023	French	PDF
Micro model	31/12/2021	16/06/2022	08/07/2022	French	PDF
Micro model	31/12/2020	17/06/2021	28/07/2021	French	PDF
Micro model	31/12/2019	18/06/2020	08/10/2020	French	PDF
Micro model	31/12/2018	20/06/2019	28/08/2019	French	PDF
Micro model	31/12/2017	21/06/2018	26/08/2018	French	PDF
Micro model	31/12/2016	15/06/2017	28/08/2017	French	PDF
Abridged model	31/12/2015	16/06/2016	30/09/2016	French	PDF
Abridged model	31/12/2014	18/06/2015	16/08/2015	French	PDF
Abridged model	31/12/2013	19/06/2014	25/08/2014	French	PDF
Abridged model	31/12/2012	17/06/2013	15/08/2013	French	PDF
Abridged model	31/12/2011	18/06/2012	30/08/2012	French	PDF
Abridged model	31/12/2010	20/06/2011	27/08/2011	French	PDF
Abridged modelCorrection	31/12/2009	21/06/2010	13/10/2010	French	PDF
Abridged model	31/12/2009	21/06/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	15/06/2009	31/08/2009	French	PDF
Abridged model	31/12/2007	16/06/2008	07/08/2008	French	PDF
Abridged model	31/12/2006	17/06/2007	16/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 9 ended

Active mandates

LRD Invest

Managing director · 1016.995.807

Represented by Romain DANDOY

Active

Ended mandates

Loïc DANDOY

Director

Ended

Loïc DANDOY

Associate

Ended

LRD Invest

Director · 1016.995.807

Represented by Romain Dandoy

Ended

LUC DANDOY

Administrator - manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/09/2026
Demission - Nomination
PDF
Mandates27/07/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Capital / shares03/05/2019
CAPITAL, ACTIONS
PDF
Capital / shares24/01/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Registered office18/08/2008
SIEGE SOCIAL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025141 k €↑
2024
Annual accounts 202420,7 k €↓
2023
Annual accounts 202331,9 k €↓
2022
Annual accounts 2022205,4 k €↑
2021
Annual accounts 202131,7 k €↓
2020
Annual accounts 202036,6 k €↓
2019
Annual accounts 201988,1 k €↑
2018
Annual accounts 201861,7 k €↓
2017
Annual accounts 201764,4 k €↓
2016
Annual accounts 201689,7 k €↑
2015
Annual accounts 201575,9 k €↑
2014
Annual accounts 201449 k €↑
2013
Annual accounts 201338,2 k €↓
2012
Annual accounts 201240,6 k €↑
2011
Annual accounts 20118,9 k €↓
2010
Annual accounts 201012,7 k €↓
2009
Annual accounts 200936,6 k €↓
2008
Annual accounts 200841,3 k €↓
2007
Annual accounts 2007126,6 k €↑
2006
Annual accounts 200637,8 k €
07/12/1994
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

T.T. CONSTRUCT

Overview

What does T.T. CONSTRUCT do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline