T.E. CLEANING & RENOVATION
ActiveThe computed 12-month bankruptcy probability of T.E. CLEANING & RENOVATION is 1.8% (moderate). The 2025 annual accounts show equity of €32k and a net result of €701. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 86% of 7692 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 4.46 against 14.25 in 2024; short-term debt: 22.2% and cash: 6.4% of total assets), and 22.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
77.8%
Return on assets
1.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
6 d late
2024
28 d late
2023
33 d late
2022
29 d late
2021
25 d early
2020
31 d early
2019
25 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€32k▼ 22.6%
2024 · €41k
2018: €15k
2019: €26k
2020: €25k
2021: €37k
2022: €38k
2023: €40k
2024: €41k
2018 → 2025
Total assets
€41k▼ 7.2%
2024 · €44k
2018: €49k
2019: €58k
2020: €44k
2021: €46k
2022: €38k
2023: €40k
2024: €44k
2018 → 2025
Net result
€701▼ 24.7%
2024 · €931
2018: €9k
2019: €11k
2020: €-1k
2021: €12k
2022: €639
2023: €3k
2024: €931
2018 → 2025
Working capital
€31k▼ 19.7%
2024 · €39k
2018: €6k
2019: €16k
2020: €16k
2021: €30k
2022: €34k
2023: €36k
2024: €39k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€38k▲ 1.7%€40k▲ 7.0%€41k▲ 2.3%€32k▼ 22.6%
Operating result€19k-€4k▼ 81.5%€4k▲ 2.2%€2k▼ 40.9%€2k▼ 20.8%
Net result€12k-€639▼ 94.8%€3k▲ 309%€931▼ 64.4%€701▼ 24.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 21% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €41k
Fixed assets
€410▼ 79.3%
Current assets
€40k▼ 3.8%
Equity and liabilities €41k
Equity
€32k▼ 22.6%
Debt
€9k▲ 208%
The debt ratio rises from 6.7% to 22.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€3k▼
2024 · €4k
Cash flow
€2k▼
2024 · €3k
Solvency
77.8%▼
2024 · 93.3%
Current ratio
4.46▼
2024 · 14.25
Quick ratio
4.46▼
2024 · 14.25
Debt / equity
0.29▲
2024 · 0.07
ROE
2.2%▼
2024 · 2.3%
ROA
1.7%▼
2024 · 2.1%
Interest coverage
9.17▲
2024 · 9.08
Debt
€9k▲
2024 · €3k
Debt ≤ 1 year
€9k▲
2024 · €3k
Income taxes
€627▼
2024 · €734
Staff costs
€9k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€44k€41k▼
Fixed assets21/28€2k€410▼
Tangible fixed assets22/27€2k€410▼
Plant, machinery and equipment23€357€119▼
Furniture and vehicles24€2k€291▼
Current assets29/58€42k€40k▼
Amounts receivable within one year40/41€34k€38k▲
Trade receivables40€13k€24k▲
Other amounts receivable41€21k€13k▼
Cash at bank and in hand54/58€8k€3k▼
Equity and liabilities
Total equity and liabilities10/49€44k€41k▼
Equity10/15€41k€32k▼
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€11k€949▼
Non-distributable reserves130/1€949€949=
Reserves not available under the articles1311€949€949=
Distributable reserves133€10k-
Profit (loss) carried forward14€24k€25k▲
Amounts payable17/49€3k€9k▲
Amounts payable within one year42/48€3k€9k▲
Trade debts44€837€4k▲
Suppliers440/4€837€4k▲
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3-€500
Remuneration and social security454/9€2k€4k▲
Other amounts payable47/48-€500
Income statement
Code20242025
Remuneration, social security and pensions62€7k€9k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€5k€2k▼
Gross operating margin9900€17k€15k▼
Operating profit (loss)9901€2k€2k▼
Financial charges65/66B€460€355▼
Recurring financial charges65€460€355▼
Profit (loss) for the period before taxes9903€2k€1k▼
Income taxes67/77€734€627▼
Profit (loss) for the period9904€931€701▼
Profit (loss) for the period to be appropriated9905€931€701▼
Appropriation of the result
Profit (loss) to be appropriated9906€24k€25k▲
Profit (loss) brought forward from the previous period14P€23k€24k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 6 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
02-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 33 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Liquidity times 17current ratio 72.36
Current ratio from 4.24 to 72.36; short-term debt falls from €9k to €474.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 4.24
Current ratio from 2.03 to 4.24; short-term debt falls from €16k to €9k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-1k ▼114%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Majoor René Dubreucqstraat 381050 ElseneGround area
104 m²
Building footprint
95 m²
Volume, LiDAR
1,295 m³
Parcel 21009A0873/00R012, Brussels · tallest building 17.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
T.E. CLEANING & RENOVATION
since 20172.266.229.509
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0873/00R012 | Brussels | 104 m² | 1 · 95 m² | 17.5 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Ronsmans-Nys
BE 0724.836.854
Tielt-Winge · Eq €32k
HDW
BE 0897.581.283
Zedelgem · Eq €32k
YBS CLEANING
BE 0563.952.852
Brussel · Eq €32k
ROSARIO CONSTRUCT
BE 0866.651.844
Brussel · Eq €32k
DECO TRAVAUX
BE 0715.710.540
Sint-Gillis (bij-Brussel) · Eq €32k
Of 15,542 companies in sector 43990 we hold annual accounts for 7,421. 5,734 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-06-2017
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.