Turnover
≈ €160,000 estimated
The micro format states no turnover.
TE2D
Lifetime
1 annual account with figurespeak €37,987 (2025)
€37,987
peak €1,898 (2025)
€1,898
peak €6,898 (2025)
€6,898
€24,936
Board2 names since 2025
2 directorsCARIS and 1 other
Documentsfilings and deeds
30-04-2026on the last day
2025micro format
Incorporation 03-041 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsDebts
€24,936 78% of the balance sheet
Suppliers 36%Taxes and wages 26%Other 38%
Starting capital
€5,000 100 shares
Checked score
54
Fair
Financially stronger than 55% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
05-2026: 4.1%
06-2026: 4.2%▲ +0.1 percentage points vs 05-2026
07-2026: 4.6%▲ +0.4 percentage points vs 06-2026
08-2026: 4.7%▲ +0.1 percentage points vs 07-2026
09-2026: 5.0%▲ +0.3 percentage points vs 08-2026highest value
10-2026: 2.0%▼ -3.0 percentage points vs 09-2026lowest value
11-2026: 2.0%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2025
Sector: Food and beverage service activities (NACE 56)
Size: total assets €31,835
lowers risk
Liquidity: current ratio 0.70, cash €17,498
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 56, micro). It does better than 43% of them on solvency, 61% on liquidity and 60% on profitability.
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 30-09-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 2,390 companies had the same profile as TE2D has now. Each dot stands for 6 companies, two years later.
96.6%
were still trading
2.0%
stopped another way
1.2%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of TE2D itself is higher: 2.0% within 12 months. It rests on far more data about TE2D than the profile alone.
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 2,390 companies, not a prediction for TE2D. 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.
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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 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
on the day
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
ME
Michiels Elodie
Director
- VAN DEN BERG Thomas Etienne Claire Marie 50 sharesdeed of 03-04-2025
- MICHIELS Elodie Chloé Laura 50 sharesdeed of 03-04-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1021793842
Incorporation
Founding capital of €5,000, 100 shares · Founders: VAN DEN BERG Thomas Etienne Claire Marie and MICHIELS Elodie Chloé Laura · Appointment: CARIS (director) · published on 03-04-2025 · Gazette deed
First establishment
Waterloolaan 25, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TE2D Auderghem | €31,835 | €37,987 | 21.7% | - |
| CLUB HOUSE TC WELKENRAEDT Jalhay | €31,016 | €33,427 | 41.4% | - |
| FESY Antwerp | €37,419 | €38,633 | -20.4% | - |
| Lime Lift Antwerp | €39,257 | €36,435 | 74.4% | - |
| Nijs SK Balen | €33,138 | €38,807 | 46.8% | - |
| AGA Brussels | €26,343 | €42,447 | -3.0% | - |
| Who Is Lary Brussels | €26,519 | €27,082 | 2.3% | - |
These companies have the same main activity as TE2D: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €26,300 and €39,300, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 01-04-2025Normal situation
- Registered office
- 126 active companies are registered at this address12 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Cafés and barsNACE 56301and 2 others
- Establishment unit
- 2.372.306.3331000 Brussels, since 01-04-2025
- Financial year end
- 30 September
- Peppol
- Reachable since 07-01-2026
Annual accounts to 30-09-2025
- €31,835
- Employeeson 30-09-2025
- 7
- Filing
- Filed on 30-04-2026, on the last day of the filing period
Insights on TE2D
The computed 12-month bankruptcy probability of TE2D is 2.0% (moderate). The 2025 annual accounts show equity of €6,898 and a net result of €1,898.
Its solvency ranks better than 43% of 17,153 sector peers (NACE 56, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
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 TE2D
- What is the company number of TE2D?
- The company number of TE2D is 1021.793.842. The VAT number is the same number with BE in front: BE 1021.793.842.
- Where is TE2D based?
- The registered office is at Herrmann-Debrouxlaan 40-42, 1160 Auderghem.Company details
- What does TE2D do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of TE2D?
- TE2D is a private limited company (BV).
- When was TE2D founded?
- TE2D was founded on 01-04-2025.
- Is TE2D still active?
- Yes, TE2D is an active enterprise in the KBO register.
- How many employees does TE2D have?
- TE2D had an average of 5.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of TE2D?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €37,987 and 38 comparable companies (NACE 56301). It probably lies between €100,000 and €210,000.
- Is TE2D profitable?
- In financial year 2025, TE2D made a profit of €1,898.
- Where can I find the annual accounts of TE2D?
- TE2D filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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