ACTIVE

TL CONSTRUCT

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Financial year 2025 · closed on 31/12/2025

Net result

-64,1 k €

-247.6% YoY

Gross margin

39,0 k €

-77.7% YoY

Equity

1,3 M €

-4.7% YoY

What does TL CONSTRUCT do?

TL CONSTRUCT is a Private limited company incorporated in 2002. Its main activity is: Electrical installation. Its registered office is in Glabbeek.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0477.701.739

Incorporation

06/06/2002

Legal form

Private limited company

Registered office

Ruekenbosstraat 9
3380 Glabbeek · FlandreSee on map

Contributed capital

228 510,00 €

Latest accounts

31/12/2025

Activities (NACE)

43211Electrical installation· main 43211Electrical installation 45310Wholesale trade of motor vehicle parts and accessories 41001Construction of buildings 41201Construction of residential and non-residential buildings 43221Plumbing, heat and air-conditioning installation+3

Joint committees (2)

Signals

Solid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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	39,0 k €	-77.7%	174,6 k €	-64.9%	497,6 k €	+37.1%	362,9 k €	+356%	79,6 k €	-20.0%	99,6 k €	-52.5%	209,5 k €	+23.3%	169,8 k €	+12.3%	151,2 k €	-4.6%	158,4 k €	+40.6%	112,7 k €	+2.2%	110,2 k €	-34.6%	168,5 k €	+30.8%	128,8 k €	-34.7%	197,5 k €	+226%	60,5 k €	-65.7%	176,6 k €	+1260%	13,0 k €	+5.5%	12,3 k €	+47.0%	8,4 k €
EBITDA	31,2 k €	-81.7%	170,7 k €	-65.4%	493,6 k €	+42.1%	347,4 k €	+365%	74,7 k €	-21.4%	95,0 k €	-53.5%	204,4 k €	+333%	47,2 k €	-67.6%	145,6 k €	-6.2%	155,3 k €	+73.4%	89,5 k €	-15.9%	106,4 k €	-36.4%	167,3 k €	+31.3%	127,4 k €	-35.1%	196,3 k €	+236%	58,4 k €	-66.7%	175,3 k €	+1347%	12,1 k €	+4.9%	11,6 k €	+93.3%	6,0 k €
Operating result	-59,9 k €	-184%	71,1 k €	-84.9%	471,5 k €	+51.1%	312,0 k €	+599%	44,6 k €	-29.2%	63,0 k €	-62.1%	166,2 k €	+1899%	8,3 k €	-89.7%	80,4 k €	-32.1%	118,4 k €	+479%	20,4 k €	-72.4%	74,1 k €	-50.1%	148,6 k €	+47.1%	101,0 k €	-37.9%	162,8 k €	+230%	49,3 k €	-69.4%	161,0 k €	+2404%	-7,0 k €	-339%	2,9 k €	+11.4%	2,6 k €
Net result	-64,1 k €	-248%	43,4 k €	-83.6%	264,2 k €	+23.4%	214,0 k €	+622%	29,6 k €	-28.1%	41,2 k €	-64.2%	115,3 k €	+5956%	1,9 k €	-96.1%	49,3 k €	-33.7%	74,3 k €	+1359%	-5,9 k €	-112%	48,1 k €	-53.3%	103,1 k €	+41.0%	73,1 k €	-33.3%	109,6 k €	+237%	32,6 k €	-68.8%	104,3 k €	+1329%	-8,5 k €	-650%	1,5 k €	-22.5%	2,0 k €
Balance sheet
Equity	1,3 M €	-4.7%	1,4 M €	+3.3%	1,3 M €	+34.1%	974,9 k €	+28.1%	760,9 k €	+4.1%	731,3 k €	+6.0%	690,0 k €	+20.1%	574,8 k €	+0.2%	573,7 k €	+9.4%	524,4 k €	+16.5%	450,1 k €	-1.3%	456,0 k €	+146%	185,5 k €	-44.1%	332,0 k €	+26.3%	262,9 k €	+71.5%	153,3 k €	+27.0%	120,7 k €	+636%	16,4 k €	-34.1%	24,9 k €	+6.6%	23,4 k €
Total assets	2,0 M €	+12.1%	1,8 M €	+7.4%	1,6 M €	+12.6%	1,5 M €	+44.4%	1,0 M €	-1.9%	1,0 M €	+6.3%	968,9 k €	+11.7%	867,4 k €	-2.2%	886,8 k €	+25.0%	709,5 k €	+3.6%	684,7 k €	+28.6%	532,2 k €	+15.8%	459,4 k €	+9.8%	418,3 k €	-7.1%	450,4 k €	+86.3%	241,8 k €	+25.4%	192,8 k €	+40.0%	137,7 k €	+171%	50,8 k €	+18.5%	42,8 k €
Cash	1,8 k €	+6738%	25,7 €	-100.0%	182,4 k €	+25144%	722,4 €	-98.2%	40,8 k €	-31.8%	59,9 k €	+1.4%	59,0 k €	-54.8%	130,6 k €	+4.6%	124,9 k €	+2.0%	122,4 k €	+15.4%	106,0 k €	+32.0%	80,4 k €	+0.8%	79,7 k €	+135%	33,9 k €	+0.8%	33,6 k €	-78.0%	152,4 k €	+1226%	11,5 k €	+1511%	713,3 €	-24.2%	940,4 €	+2792%	32,5 €
Debts	656,8 k €	+74.2%	377,1 k €	+26.5%	298,0 k €	-38.1%	481,6 k €	+94.6%	247,5 k €	-16.5%	296,4 k €	+7.2%	276,6 k €	-4.7%	290,1 k €	+0.0%	290,1 k €	+79.3%	161,8 k €	-23.6%	211,6 k €	+185%	74,1 k €	-72.7%	271,7 k €	+223%	84,1 k €	-54.7%	185,6 k €	+114%	86,5 k €	+23.6%	70,0 k €	-41.3%	119,4 k €	+384%	24,7 k €	+26.5%	19,5 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		0,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Luc Boesmans

Director

Active

Ended mandates

Driton Saraqi

Manager · until 06 juin 2007

Ended

Driton Saraqi

Manager

Ended

Luc Boesmans

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
INDELPRO● Active	0474.637.430
Lubri Technics● Active	1016.845.951

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	26/08/2026	28/08/2025	30/08/2024	20/07/2023	29/07/2022	24/06/2021
General meeting	01/06/2026	30/06/2025	01/06/2024	22/06/2023	30/06/2022	01/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	01/06/2026	26/08/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	28/08/2025	Dutch	PDF
Micro model	31/12/2023	01/06/2024	30/08/2024	Dutch	PDF
Micro model	31/12/2022	22/06/2023	20/07/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	29/07/2022	Dutch	PDF
Micro model	31/12/2020	01/06/2021	24/06/2021	Dutch	PDF
Micro model	31/12/2019	02/06/2020	30/06/2020	Dutch	PDF
Micro model	31/12/2018	01/06/2019	21/06/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	04/06/2018	Dutch	PDF
Abridged model	31/12/2016	01/06/2017	08/06/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	28/06/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	12/06/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	18/07/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	08/08/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	06/08/2012	Dutch	PDF
Abridged model	31/12/2010	01/06/2011	26/08/2011	Dutch	PDF
Abridged model	31/12/2009	01/06/2010	30/06/2010	Dutch	PDF
Abridged model	30/06/2008	01/11/2008	05/02/2009	Dutch	PDF
Abridged model	30/06/2007	24/01/2008	12/02/2008	Dutch	PDF
Abridged model	30/06/2006	05/06/2007	22/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 · 3 ended

Active mandates

Luc Boesmans

Director

Active

Ended mandates

Driton Saraqi

Manager · until 06 juin 2007

Ended

Driton Saraqi

Manager

Ended

Luc Boesmans

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/02/2025
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares13/02/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other02/09/2009
BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates21/06/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/12/2004
BENAMING - DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BOEKJAAR - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN
PDF
Mandates28/10/2004
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/10/2004
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/10/2003
ONTSLAGEN - BENOEMINGEN
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 2025-64,1 k €↓
2024
Annual accounts 202443,4 k €↓
2023
Annual accounts 2023264,2 k €↑
2022
Annual accounts 2022214,0 k €↑
2021
Annual accounts 202129,6 k €↓
2020
Annual accounts 202041,2 k €↓
2019
Annual accounts 2019115,3 k €↑
2018
Annual accounts 20181,9 k €↓
2017
Annual accounts 201749,3 k €↓
2016
Annual accounts 201674,3 k €↑
2015
Annual accounts 2015-5,9 k €↓
2014
Annual accounts 201448,1 k €↓
2013
Annual accounts 2013103,1 k €↑
2012
Annual accounts 201273,1 k €↓
2011
Annual accounts 2011109,6 k €↑
2010
Annual accounts 201032,6 k €↓
2009
Annual accounts 2009104,3 k €↑
2008
Annual accounts 2008-8,5 k €↓
2007
Annual accounts 20071,5 k €↓
2006
Annual accounts 20062,0 k €
06/06/2002
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

TL CONSTRUCT

Overview

What does TL 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