ACTIVE

TSV CONSTRUCT

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Financial year 2025 · closed on 31/12/2025
Net result
-690,9 €
-103.7% YoY
Gross margin
4,3 k €
-82.4% YoY
Equity
79,5 k €
-0.9% YoY

What does TSV CONSTRUCT do?

TSV CONSTRUCT is a Private company with limited liability incorporated in 2019. Its main activity is: Building completion and finishing. Its registered office is in Forest.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0719.643.493
Incorporation
31/01/2019
Legal form
Private company with limited liability
Registered office
Av Victor Rousseau 133
1190 Forest · BruxellesSee on map
Contributed capital
13 200,00 €
Latest accounts
31/12/2025
Activities (NACE)
43350Building completion and finishing· main43390Other building completion and finishing
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin4,3 k €24,7 k €-11,5 k €32,7 k €44,6 k €7,4 k €30,3 k €
EBITDA3,8 k €21 k €-14,4 k €32,4 k €43,6 k €5,8 k €24,7 k €
Operating result337,4 €21 k €-14,9 k €31,6 k €38,3 k €-96,4 €18,6 k €
Net result-690,9 €18,7 k €-18,4 k €23,6 k €28,6 k €388,5 €14,1 k €
Balance sheet
Equity79,5 k €80,2 k €61,5 k €79,9 k €56,3 k €20,7 k €20,3 k €
Total assets142,6 k €162,1 k €71,7 k €115,9 k €81,6 k €29,6 k €45,8 k €
Cash6,9 k €7,9 k €3,8 k €1,8 k €24,4 k €11,7 k €7,6 k €
Debts63,1 k €81,9 k €10,3 k €36 k €25,4 k €8,9 k €25,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

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

Active mandates

Vasile TIRTIU

Director

Active
At this address

Other companies at this address

CompanyCBE no.
Association des copropriétaires à Forest avenue Victor Rousseau, 133● Active
0824.600.859
TD CONSTRUCTS● Active
1002.593.483
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/09/202625/09/202502/10/202404/10/202326/08/202226/08/2021
General meeting24/06/202626/06/202527/06/202404/10/202330/06/202224/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202524/06/202602/09/2026FrenchPDF
Micro model31/12/202426/06/202525/09/2025FrenchPDF
Micro model31/12/202327/06/202402/10/2024FrenchPDF
Micro model31/12/202204/10/202304/10/2023FrenchPDF
Micro model31/12/202130/06/202226/08/2022FrenchPDF
Micro model31/12/202024/06/202126/08/2021FrenchPDF
Micro model31/12/201925/06/202020/11/2020FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 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

Active mandates

Vasile TIRTIU

Director

Active
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office27/09/2021
    SIEGE SOCIAL
    PDF
  • Other04/02/2019
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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

Timeline

  1. 2025
    Annual accounts 2025-690,9 €↓
  2. 2024
    Annual accounts 202418,7 k €↑
  3. 2023
    Annual accounts 2023-18,4 k €↓
  4. 2022
    Annual accounts 202223,6 k €↓
  5. 2021
    Annual accounts 202128,6 k €↑
  6. 2020
    Annual accounts 2020388,5 €↓
  7. 2019
    Annual accounts 201914,1 k €
  8. 31/01/2019
    IncorporationPrivate company with limited liability