TE CATHEM
ActiveSummary
The computed 12-month bankruptcy probability of TE CATHEM is 12.5% (high). The latest annual accounts of TE CATHEM were filed more than 90 days after the deadline. The 2022 annual accounts show equity of €14,593 and a net result of €9,593. Its solvency ranks better than 32% of 1,602 sector peers (NACE 55, financial year 2022). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 18-05-2021 Normal situation
- Activity
- Hotels and similar accommodation NACE 55100and 1 other
- Establishment unit
- 2.317.185.587 8940 Wervik, since 18-05-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 11-02-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 12.5%
2022 figures too old to score
Annual accounts 2022
- Gross margin
- €60,485
- Turnover
- ≈ €180,000
- estimated
- Profit
- €9,593
- Equity
- €14,593
- Total assets
- €364,176
- Staff
- ≈ 0.3 FTE
- estimated
- 2022 accounts filed 227 days after the deadline
Filed on 14-03-2024
Signalsraises risk3 financial years not filed after the legal deadline; last filed accounts filed 227 days late; 1 of the last 3 accounts lateFigures for financial year 2022 (filed on 19-03-2024)Size: total assets €364,1762022 accounts filed 227 days lateShow the evidence
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2022. They are too old for a current score.
Bankruptcy probability: High
Filing: Filed more than 90 days late
Financial strength, FY 2022
Average
Solvency
29
equity 4.0% of total assets
Liquidity
41
short-term debt 36.9% · cash 6.1%
Profitability
66
return on assets 2.6%
Bankruptcy probability within 12 months
12.5%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 8.5%lowest value
01-2025: 11.3%▲ +2.8 percentage points vs 12-2024
02-2025: 11.3%● unchanged vs 01-2025
03-2025: 11.6%▲ +0.3 percentage points vs 02-2025
04-2025: 10.6%▼ -1.0 percentage point vs 03-2025
05-2025: 10.6%● unchanged vs 04-2025
06-2025: 10.5%▼ -0.1 percentage points vs 05-2025
07-2025: 10.5%● unchanged vs 06-2025
08-2025: 12.6%▲ +2.1 percentage points vs 07-2025
09-2025: 12.6%● unchanged vs 08-2025
10-2025: 12.6%● unchanged vs 09-2025
11-2025: 12.6%● unchanged vs 10-2025
12-2025: 12.6%● unchanged vs 11-2025
01-2026: 12.6%● unchanged vs 12-2025
02-2026: 12.6%● unchanged vs 01-2026
03-2026: 12.6%● unchanged vs 02-2026
04-2026: 13.5%▲ +0.9 percentage points vs 03-2026highest value
05-2026: 13.4%▼ -0.1 percentage points vs 04-2026
06-2026: 13.4%● unchanged vs 05-2026
07-2026: 13.3%▼ -0.1 percentage points vs 06-2026
08-2026: 12.5%▼ -0.8 percentage points vs 07-2026
09-2026: 12.5%● unchanged vs 08-2026
10-2026: 12.5%● unchanged vs 09-2026
11-2026: 12.5%● unchanged vs 10-2026
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Signals
Four signals.
raises risk
raises risk · 2022 accounts filed 227 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 14-03-2024, 227 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filingDeviation from the deadline
2022
227 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its 2022 accounts 227 days after the deadline. In the sector (NACE 55), the median for financial year 2022 was on the deadline day, and 49% of those companies filed late.
Searched, nothing found (1)
Recent changes
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as TE CATHEM: hotels and similar accommodation (NACE 55100). They are comparable in size and age: total assets between €239,000 and €467,000, founded between 2020 and 2022.
| Company | Total assets | Gross margin |
|---|---|---|
| TE CATHEM Wervik | €364,176 | €60,485 |
| SUKHINO Gent | €467,413 | €54,506 |
| EML CONSTRUCT Langemark-Poelkapelle | €256,426 | €55,013 |
| TEN VELDE Bilzen-Hoeselt | €256,842 | €63,902 |
| Un Huit Hotels Brussel | €372,699 | €45,620 |
| Grand Foulard Antwerpen | €238,661 | €55,604 |
| OE39 Developments Eupen | €310,071 | €85,433 |
Key facts about TE CATHEM
- What is the company number of TE CATHEM?
- The company number of TE CATHEM is 0768.479.629. The VAT number is the same number with BE in front: BE 0768.479.629.
- Where is TE CATHEM based?
- The registered office is at Menensesteenweg 287, 8940 Wervik.Company details
- What does TE CATHEM do?
- According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
- What is the legal form of TE CATHEM?
- The legal form of TE CATHEM is Private limited company (BV).
- When was TE CATHEM founded?
- TE CATHEM was founded on 18-05-2021.
- Is TE CATHEM still active?
- Yes, TE CATHEM is an active enterprise in the KBO register.
- What is the turnover of TE CATHEM?
- The turnover in financial year 2022 is ≈ €180,000. This figure is estimated from the gross margin of €60,485 and 2,672 comparable companies of the same size. It probably lies between €120,000 and €310,000. It is a rough estimate.Financials
- Is TE CATHEM profitable?
- In financial year 2022, TE CATHEM made a profit of €9,593.
- Where can I find the annual accounts of TE CATHEM?
- TE CATHEM filed 1 annual account with the National Bank of Belgium, for financial year 2022.
Next steps
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