Losses
-€4,074 in three years
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Tegelatelier Diels
Lifetime
20 annual accounts with figures on one time axis, 38 filings since 1988peak €62,180 (2006)
€8,165▲ 22.4%
lowest -€31,544 (2018)
-€1,453▼ €491
peak €174,908 (2015)
€151,510▼ 0.9%
€102,538▲ 254%
peak 1.7 FTE (2006)
-not published
Board5 names since 2019
4 directorsDiels Jozef and 3 others
Documentsfilings and deeds
23-07-20268 days before the deadline
2025abbreviated format
Gross margin from €6,672 to €8,165Loss of €1,453Debts from €28,999 to €102,538Investments €73,653Cash from €23,060 to €10,603
Key points
from the 2025 annual accountsTurnover
≈ €77,000 estimated
The accounts state no turnover.
Debts
€102,538 ▲ 254%
Debts rose by €73,539 in 2025.
Investments
€74,403 21.8 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 112.8% higher than in 2024.
Liquidity
1.15 was 4.07 in 2024
Short-term debts rose from €27,919 to €100,250.
Filings
38 annual accounts since 1988
Five of the last ten came late. The 2016 accounts came latest: 31 days after the end of the period.
Checked score
86
Excellent
Financially stronger than 42% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,276 companies (NACE 47, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026lowest value
03-2026: 0.1%● unchanged vs 02-2026lowest value
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.2 percentage points vs 07-2026highest value
09-2026: 0.3%● unchanged vs 08-2026highest value
10-2026: 0.3%● unchanged vs 09-2026highest value
11-2026: 0.3%● unchanged vs 10-2026highest value
Financial strengthAverage
Score breakdown
raises risk
Sector: Retail trade (NACE 47)
lowers risk
Founded in 1987
Size: total assets €254,048
Figures for financial year 2025 (filed on 23-07-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 72% of them on solvency, 34% on liquidity, 26% on profitability and 37% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 12,322 companies had the same profile as Tegelatelier Diels has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Tegelatelier Diels itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for Tegelatelier Diels. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.15 (4.07 in 2024), below the usual 1.5. Short-term debt is 39.5% and cash 4.2% of total assets. 40.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 days early
2024
21 days early
2023
16 days early
2022
18 days early
2021
9 days late
2020
1 day early
2019
13 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0432702350
Environmental permit granted
Nieuwbouw of aanleggen, Slopen van niet vrijstaande gebouwen of constructies, Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden and 1 more · Olen
Environmental permit refused
Nieuwbouw of aanleggen, Slopen van niet vrijstaande gebouwen of constructies, Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden and 1 more · Olen
Company renamed from MESENS-DIELS to Tegelatelier Diels
Resignations: DIELS EN ZN, Diels Jozef and Diels Seppe · Reappointments: Diels Jozef (director) and Diels Seppe (director) · Appointments: Vervoort Christel (director) and Diels Lise (director) · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Tegelatelier Diels Olen | - | - | 59.6% | - |
| SYLISA Charleroi | - | - | 37.6% | - |
| Ets AQUA SERVICE - DEDAIN - O Villers-la-Ville | - | - | 44.6% | - |
| IMMODEL SRL Bastogne | €26,504 | -74.0% | -139.0% | - |
| GEBOES Assesse | €95,276 | 6.6% | 97.1% | - |
| CJAD Lasne | - | - | 42.4% | - |
| Carrelages Modernes L'HOIR L'ymmo Manage | - | - | 25.4% | - |
These companies have the same main activity as Tegelatelier Diels: retail sale of hardware, building materials, paint and glass (general range) (NACE 47521). They are comparable in size and age: total assets between €144,000 and €304,000, founded between 1976 and 1990.
Official details
Source: KBO- Status
- Active since 08-12-1987Normal situation
- Activity
- Retail sale of hardware, building materials, paint and glass (general range)NACE 47521and 2 others
- Establishment unit
- 2.032.071.6082250 Olen, since 22-12-1987
- Financial year end
- 31 December
- Peppol
- Reachable since 11-12-2025
Annual accounts 2025
- €254,048▲ 39.6%
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Insights on Tegelatelier Diels
Tegelatelier Diels files the abbreviated format. That format states no turnover. The gross margin fell from €62,180 in 2006 to €8,165 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Tegelatelier Diels
- What is the company number of Tegelatelier Diels?
- The company number of Tegelatelier Diels is 0432.702.350. The VAT number is the same number with BE in front: BE 0432.702.350.
- Where is Tegelatelier Diels based?
- The registered office is at Geelseweg 62, 2250 Olen.Company details
- What does Tegelatelier Diels do?
- According to the KBO register, the main activity is retail sale of hardware, building materials, paint and glass (general range) (NACE 47521).
- What is the legal form of Tegelatelier Diels?
- Tegelatelier Diels is a private limited company (BV).
- When was Tegelatelier Diels founded?
- Tegelatelier Diels was founded on 08-12-1987.
- Is Tegelatelier Diels still active?
- Yes, Tegelatelier Diels is an active enterprise in the KBO register.
- What is the turnover of Tegelatelier Diels?
- The turnover in financial year 2025 is ≈ €77,000. This figure is estimated from the gross margin of €8,165 and 84 comparable companies (NACE 475). It probably lies between €40,000 and €160,000. It is a rough estimate.Financials
- Is Tegelatelier Diels profitable?
- In financial year 2025, Tegelatelier Diels made a loss of €1,453.
- Where can I find the annual accounts of Tegelatelier Diels?
- Tegelatelier Diels filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Tegelatelier Diels due?
- Tegelatelier Diels must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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