Equity
€2.6m from €15.1m in 2008
Equity fell by 83% in 17 years.
T & E CONSULTANCY
Lifetime
19 annual accounts with figures on one time axis, 33 filings since 1993peak €689,532 (2020)
€153,082▼ 25.6%
lowest -€102,446 (2009)
€119,873▲ €123,315
peak €15.1m (2008)
€2.6m▲ 4.8%
€2.1m▼ 9.0%
Board2 names since 2016
1 directorGeert OSTYN
Documentsfilings and deeds
27-02-202627 days late
2025micro format
Gross margin from €205,672 to €153,082Back to profit: €119,873Cash from €195,421 to €529,255
Key points
from the 2025 annual accountsResult
€119,873 €119,873
Back in profit in 2025, after a loss of €3,442 in 2024.
Turnover
≈ €270,000 estimated
The accounts state no turnover.
Filings
33 annual accounts since 1993
Five of the last ten came late. The 2025 accounts came latest: 27 days after the end of the period.
At the same address
5 companies
Position in the sector
€2.6m
More equity than 95% of companies in real estate. Sector median €73,055 · 17,210 companies.
Checked score
95
Excellent
Financially stronger than 61% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: 0.1%▲ +0.1 percentage points vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: < 0.1%▼ -0.1 percentage points 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%▲ +0.1 percentage points vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026highest value
03-2026: < 0.1%▼ -0.1 percentage points vs 02-2026lowest value
04-2026: < 0.1%● unchanged vs 03-2026lowest value
05-2026: < 0.1%● unchanged vs 04-2026lowest value
06-2026: < 0.1%● unchanged vs 05-2026lowest value
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Size: total assets €4.8m
Sector: Real estate activities (NACE 68)
Figures for financial year 2025 (filed on 27-02-2026)
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 68, small). It does better than 72% of them on solvency, 89% on liquidity, 22% on profitability and 62% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.
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, 14,766 companies had the same profile as T & E CONSULTANCY has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of T & E CONSULTANCY itself: < 0.1% 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 14,766 companies, not a prediction for T & E CONSULTANCY. 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 €240,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.36 (4.39 in 2024), above the usual 1.5. Short-term debt is 12% and cash 11.1% of total assets. 45.1% 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 risk
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
27 days late
2024
4 days late
2023
1 day late
2022
on the day
2021
9 days late
2020
3 days early
2019
85 days early
← 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 7 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 4 February (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
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered office moved from Knokke-Heist to Sint-Michiel
New registered office: Koningin Astridlaan 17 bus 6, 8200 Sint-Michiel · Previous registered office: de Kerchovelaan 8300 Knokke-Heist · Board meeting of 24-04-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0448015581
Appointment: Geert OSTYN (managing director)
Reappointment: Geert OSTYN (sole director) · General meeting of 06-02-2024 · Gazette deed
Capital increase of €2,000,000 to €2,094,866.93
Capital from €94,866.93 to €2,094,866.93, 3,221 new shares · Registered office clause: De Kerchovelaan 2 · General meeting of 21-04-2021 · Gazette deed
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as T & E CONSULTANCY: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €3.9m and €5.3m, founded between 1989 and 1996.
Official details
Source: KBO- Status
- Active since 13-08-1992Normal situation
- Activity
- Real estate agency activitiesNACE 68310
- Establishment unit
- 2.058.743.1438200 Bruges, since 09-09-1992
- Financial year end
- 30 June
- Peppol
- Reachable since 30-03-2026
Insights on T & E CONSULTANCY
T & E CONSULTANCY files the micro format. That format states no turnover. The gross margin fell from €227,359 in 2007 to €153,082 in 2025.
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 T & E CONSULTANCY
- What is the company number of T & E CONSULTANCY?
- The company number of T & E CONSULTANCY is 0448.015.581. The VAT number is the same number with BE in front: BE 0448.015.581.
- Where is T & E CONSULTANCY based?
- The registered office is at Koningin Astridlaan 17, 8200 Bruges.Company details
- What does T & E CONSULTANCY do?
- According to the KBO register, the main activity is real estate agency activities (NACE 68310).
- What is the legal form of T & E CONSULTANCY?
- T & E CONSULTANCY is a public limited company (NV).
- When was T & E CONSULTANCY founded?
- T & E CONSULTANCY was founded on 13-08-1992.
- Is T & E CONSULTANCY still active?
- Yes, T & E CONSULTANCY is an active enterprise in the KBO register.
- What is the turnover of T & E CONSULTANCY?
- The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €153,082 and 32 comparable companies (NACE 68310). It probably lies between €220,000 and €410,000.Financials
- Is T & E CONSULTANCY profitable?
- In financial year 2025, T & E CONSULTANCY made a profit of €119,873.
- Where can I find the annual accounts of T & E CONSULTANCY?
- T & E CONSULTANCY filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of T & E CONSULTANCY due?
- T & E CONSULTANCY must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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