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TE-PA

Active
Private limited company·Overige gespecialiseerde bouwactiviteiten, neg· 8 yrs active
Neckerspoelstraat 14 ·3391 Tielt-Winge, Belgium
KBO/BCE: BE 0689.779.569
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age8 yrs
Staff (FTE)1

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of TE-PA is 1.3% (low). The 2024 annual accounts show equity of €184k and a net result of €-7k. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 11078 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

1 signal · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 95% of 11078 peers (2024). A comfortable equity buffer.
View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals
More than 3 years active
Founded in 2018, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
1.3% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Annual accounts: weaker financial profile +Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-7k
Working capital€147k+4.4%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 24-11-2025 with the NBB · fiscal year 2024 · micro
€-20k€0€20k€40k€60kOperating result 2020: €51k€51kNet result 2020: €37k€37kOperating result 2021: €31k€31kNet result 2021: €22k€22kOperating result 2022: €40k€40kNet result 2022: €29k€29kOperating result 2023: €6k€6kNet result 2023: €5k€5kOperating result 2024: €-7k€-7kNet result 2024: €-7k€-7k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~11.9%/year over 7 fiscal years, indicative, assuming unchanged policy.
€0€100k€200k€300k2025: €231k (€201k - €261k)2026: €251k (€203k - €299k)2027: €271k (€205k - €337k)2018: €56k2019: €110k2020: €147k2021: €169k2022: €185k2023: €191k2024: €184k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 99.8% 40.9%
better than 95% of 11078 sector peers
Net result €-7k €11k
better than 12% of 11060 sector peers
Equity €184k €34k
better than 93% of 11081 sector peers
Gross operating margin €35k €35k
better than 51% of 11051 sector peers
Staff costs €28k €24k
higher than 52% of 4034 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P95
2020: P93 · n=16102021: P90 · n=35282022: P95 · n=65112023: P95 · n=90852024: P95 · n=110782020 2024
Stable position over 2020-2024 · n=1610-11078
Net result P12
2020: P86 · n=16032021: P68 · n=35192022: P74 · n=64962023: P36 · n=90702024: P12 · n=110602020 2024
Weakening position over 2020-2024 · n=1603-11060
Equity P93
2020: P84 · n=16122021: P92 · n=35312022: P95 · n=65172023: P95 · n=90912024: P93 · n=110812020 2024
Stable position over 2020-2024 · n=1612-11081
Gross operating margin P51
2020: P65 · n=16012021: P60 · n=35192022: P64 · n=64902023: P61 · n=90602024: P51 · n=110512020 2024
Stable position over 2020-2024 · n=1601-11051
Describes the position versus peers, not a forecast.
EBITDA
€6k
-63.7% -44% vs sector
Net profit
€-7k
- far below sector median
Cash flow
€6k
-63.0% -66% vs sector
Total assets
€184k
-15.3% +2% vs sector
Equity
€184k
-3.5% +93% vs sector
Working capital
€147k
+4.4% +69% vs sector
Employees (FTE)
1
+25.0% -71% vs sector
Staff costs
€28k
-4.3% -82% vs sector
Income taxes
€313
-43.7% -89% vs sector
Debt
€406
-98.5% -100% vs sector
Debt ≤ 1y
€406
-98.5% -99% vs sector
Current ratio
361.79
+5746.5% far above sector median
Quick ratio
361.79
+5746.5% far above sector median
Solvency
99.8%
+14.0% +119% vs sector
Debt / equity
0.00
-98.4% -100% vs sector
ROE
-3.6%
- far below sector median
ROA
-3.6%
- far below sector median
Interest coverage
40.45
-58.6% far above sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€6k
Net profit€-7k
Cash flow€6k
Staff costs€28k
Income taxes€313
Dividends-
Total assets€184k
Equity€184k
Debt€406
of which ≤ 1y€406
of which > 1y-
Working capital€147k
Employees (FTE)1.0
Ratios (computed)
2024
Current ratio361.79
Quick ratio361.79
Working capital ratio79.6%
Solvency99.8%
Debt / equity0.00
Long-term debt ratio-
Interest coverage40.45
Gross margin-
Net margin-
ROA-3.6%
ROE-3.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€184k
Fixed assets 21/28€37k
Tangible fixed assets 22/27€37k
Current assets 29/58€147k
Amounts receivable within one year 40/41€56k
Cash & bank 54/58€44k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€184k
Equity 10/15€184k
Reserves 13€185k
Accumulated profits (losses) 14€-1k
Amounts payable 17/49€406
Amounts payable within one year 42/48€406
Trade debts payable within one year 44€406
Income statement
Gross operating margin 9900€35k
Operating result 9901€-7k
Financial income 75€425
Financial charges 65€153
Result before taxes 9903€-6k
Income taxes 67/77€313
Net result for the period 9904€-7k
Result to be appropriated 9905€-7k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
70 / 100 Healthy
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register

Establishment units

1 location
Neckerspoelstraat 14, 3391 Tielt-Winge
Algemene bouw van residentiële gebouwen
since 20182.273.146.302
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area2,208 m²
Buildings1
Building footprint193 m²
Volume (LiDAR)936 m³
Tallest building8.2 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24067A0110/00F000 Flanders 2,208 m² 1 · 193 m² 8.2 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health70Profitability0Solvency100Growth52Stability100
64 / 100

Strong profile, led by solvency.

Health 70
Profitability 0
Solvency 100
Growth 52
Stability 100

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201Overige gespecialiseerde bouwactiviteiten, neg43990Restaureren van bouwwerken43995Slopen43110Slopen43110Loodgieterswerk43221Sanitaire werkzaamheden43221Metselwerk43910Uitvoeren van metsel- en voegwerken43994Overige gespecialiseerde bouwwerkzaamheden43999
Primary activity highlighted.
Names & trade names
Legal nameNL TE-PA
Registered office
Neckerspoelstraat 14
3391 Tielt-Winge, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.