Tea & Things
ActiveSummary
The computed 12-month bankruptcy probability of Tea & Things is 1.5% (moderate). The 2025 annual accounts show negative equity (-€85,677) and a net result of -€18,843. Equity is shrinking by ~32.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 11693 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
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.15 against 0.23 in 2024; short-term debt: 636.8% and cash: 10.7% of total assets), and equity is negative.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-536.8%
Return on assets
-118.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€85,677
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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
18 d late
2024
14 d late
2023
21 d late
2022
22 d late
2021
25 d late
2020
6 d late
2019
14 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 22 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€85,041
EBIT margin
-20.6%
Net result
-€18,843▼ 9.4%
2024 · -€17,226
Working capital
-€86,825▼ 24.8%
2024 · -€69,554
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€85,041
Operating result-€5,799-€2,551▲ 56.0%-€16,537▼ 548%-€17,491▼ 5.8%-€17,531▼ 0.2%
Net result-€7,086below the sector's middle half-€3,287below the sector's middle half▲ 53.6%-€17,942below the sector's middle half▼ 446%-€17,226below the sector's middle half▲ 4.0%-€18,843below the sector's middle half▼ 9.4%
EBIT margin-20.6%
Equity-€28,380below the sector's middle half▼ 33.3%-€31,667below the sector's middle half▼ 11.6%-€49,609below the sector's middle half▼ 56.7%-€66,834below the sector's middle half▼ 34.7%-€85,677below the sector's middle half▼ 28.2%
Total assets€22,791below the sector's middle half▼ 28.4%€27,448below the sector's middle half▲ 20.4%€28,964below the sector's middle half▲ 5.5%€23,097below the sector's middle half▼ 20.3%€15,962below the sector's middle half▼ 30.9%
Debt€51,170▼ 3.7%€59,115▲ 15.5%€78,572▲ 32.9%€89,931▲ 14.5%€101,639▲ 13.0%
Working capital-€36,957below the sector's middle half▼ 12.8%-€37,558below the sector's middle half▼ 1.6%-€53,901below the sector's middle half▼ 43.5%-€69,554below the sector's middle half▼ 29.0%-€86,825below the sector's middle half▼ 24.8%
Solvency-124.5%below the sector's middle half▼ 57.6pp-115.4%below the sector's middle half▲ 9.2pp-171.3%below the sector's middle half▼ 55.9pp-289.4%below the sector's middle half▼ 118.1pp-536.8%below the sector's middle half▼ 247.4pp
Current ratio0.28below the sector's middle half▼ 0.110.36below the sector's middle half▲ 0.090.31below the sector's middle half▼ 0.050.23below the sector's middle half▼ 0.090.15below the sector's middle half▼ 0.08
Return on assets (ROA)-31.1%below the sector's middle half▼ 43.5pp-12.0%below the sector's middle half▲ 19.1pp-61.9%below the sector's middle half▼ 50.0pp-74.6%below the sector's middle half▼ 12.6pp-118.1%below the sector's middle half▼ 43.5pp
Staff (FTE)0.9▲ 350%0.9=0.7▼ 22.2%0.1▼ 85.7%0.3▲ 200%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €17,531 in 2025 against €17,491 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15,962
Fixed assets
€1,147 ▼ 57.8%
Current assets
€14,814 ▼ 27.3%
Equity and liabilities
Equity-€85,677
Debt€101,639
Equity is negative: debt (€101,639) exceeds the balance-sheet total (€15,962).
Key figures and ratios
EBITDA
-€15,959▼
2024 · -€15,918
Cash flow
-€17,271▼
2024 · -€15,653
Quick ratio
0.03▼
2024 · 0.07
Interest coverage
-12.12▲
2024 · -13.53
Debt ≤ 1 year
€101,639▲
2024 · €89,931
Staff costs
€889▲
2024 · €863
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.9%
went bankrupt
8.4%
stopped otherwise
83%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 1.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,010 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €85,041 | - |
| Non-recurring operating income76A | €2,000 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €94,311 | - |
| Remuneration, social security and pensions62 | €3,356 | €3,865 | €2,176 | €863 | €889 | ▲ 3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,068 | €2,686 | €2,676 | €1,572 | €1,572 | = |
| Other operating charges640/8 | €838 | €895 | €2,663 | €961 | €3,439 | ▲ 258% |
| Non-recurring operating charges66A | - | - | - | - | €2,361 | - |
| Gross operating margin9900 | €1,463 | €4,895 | -€9,022 | -€14,095 | -€9,269 | ▲ 34.2% |
| Operating profit (loss)9901 | -€5,799 | -€2,551 | -€16,537 | -€17,491 | -€17,531 | ▼ 0.2% |
| Financial income75/76B | €0 | €336 | €1 | €1,442 | €5 | ▼ 99.7% |
| Recurring financial income75 | €0 | €336 | €1 | €908 | €5 | ▼ 99.5% |
| Non-recurring financial income76B | - | - | - | €533 | - | - |
| Financial charges65/66B | €1,287 | €1,071 | €1,406 | €1,176 | €1,317 | ▲ 12.0% |
| Recurring financial charges65 | €1,287 | €1,071 | €1,406 | €1,176 | €1,317 | ▲ 12.0% |
| Profit (loss) for the period before taxes9903 | -€7,086 | -€3,287 | -€17,942 | -€17,226 | -€18,843 | ▼ 9.4% |
| Profit (loss) for the period9904 | -€7,086 | -€3,287 | -€17,942 | -€17,226 | -€18,843 | ▼ 9.4% |
| Profit (loss) for the period to be appropriated9905 | -€7,086 | -€3,287 | -€17,942 | -€17,226 | -€18,843 | ▼ 9.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €22,791 | €27,448 | €28,964 | €23,097 | €15,962 | ▼ 30.9% |
| Formation expenses20 | €191 | - | - | - | - | - |
| Fixed assets21/28 | €8,386 | €5,891 | €4,292 | €2,720 | €1,147 | ▼ 57.8% |
| Tangible fixed assets22/27 | €8,386 | €5,891 | €4,292 | €2,720 | €1,147 | ▼ 57.8% |
| Plant, machinery and equipment23 | €2,275 | €1,138 | €0 | - | - | - |
| Furniture and vehicles24 | €1,412 | €1,139 | €1,762 | €1,274 | €786 | ▼ 38.3% |
| Other tangible fixed assets26 | €4,699 | €3,615 | €2,530 | €1,446 | €362 | ▼ 75.0% |
| Current assets29/58 | €14,213 | €21,557 | €24,672 | €20,377 | €14,814 | ▼ 27.3% |
| Stocks and contracts in progress3 | €7,231 | €13,430 | €19,367 | €14,177 | €11,613 | ▼ 18.1% |
| Stocks30/36 | €7,231 | €13,430 | €19,367 | €14,177 | €11,613 | ▼ 18.1% |
| Amounts receivable within one year40/41 | - | €1,113 | €629 | €294 | €973 | ▲ 231% |
| Trade receivables40 | - | €685 | €36 | €0 | €644 | - |
| Other amounts receivable41 | - | €428 | €593 | €294 | €329 | ▲ 12.0% |
| Cash at bank and in hand54/58 | €6,929 | €6,620 | €3,741 | €5,526 | €1,712 | ▼ 69.0% |
| Deferred charges and accrued income490/1 | €54 | €394 | €935 | €380 | €516 | ▲ 35.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €22,791 | €27,448 | €28,964 | €23,097 | €15,962 | ▼ 30.9% |
| Equity10/15 | -€28,380 | -€31,667 | -€49,609 | -€66,834 | -€85,677 | ▼ 28.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€46,980 | -€50,267 | -€68,209 | -€85,434 | -€104,277 | ▼ 22.1% |
| Amounts payable17/49 | €51,170 | €59,115 | €78,572 | €89,931 | €101,639 | ▲ 13.0% |
| Amounts payable within one year42/48 | €51,170 | €59,115 | €78,572 | €89,931 | €101,639 | ▲ 13.0% |
| Trade debts44 | €2,934 | €6,503 | €7,496 | €6,470 | €1,801 | ▼ 72.2% |
| Suppliers440/4 | €2,934 | €6,503 | €7,496 | €6,470 | €1,801 | ▼ 72.2% |
| Advances received on contracts in progress46 | €1,420 | €1,420 | €482 | €233 | €336 | ▲ 44.1% |
| Taxes, remuneration and social security45 | €5,230 | €9,716 | €11,833 | €20,483 | €31,977 | ▲ 56.1% |
| Taxes450/3 | €702 | €720 | €0 | €300 | - | - |
| Remuneration and social security454/9 | €4,528 | €8,996 | €11,833 | €20,183 | €31,977 | ▲ 58.4% |
| Other amounts payable47/48 | €41,586 | €41,476 | €58,761 | €62,744 | €67,524 | ▲ 7.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,086 | -€3,287 | -€17,942 | -€17,226 | -€18,843 | ▼ 9.4% |
| + Depreciation and write-downs630 | €3,068 | €2,686 | €2,676 | €1,572 | €1,572 | = |
| Operating cash flow (approximation) | -€4,018 | -€601 | -€15,266 | -€15,653 | -€17,271 | ▼ 10.3% |
| Investment in fixed assets (approximation) | - | -€191 | -€1,077 | €0 | €0 | - |
| Change in cash | - | -€309 | -€2,879 | €1,786 | -€3,815 | ▼ 314% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
31-12
Financial
Back to profitnet €3,942
Net result €3,942 after 2 loss-making years.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 91 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Diest · 1 establishment unit since 2017
Ground area
3,331 m²
Building footprint
154 m²
Volume, LiDAR
1,068 m³
2 parcels, Flanders · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Tea & Things
since 20172.265.237.337
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24046A0224/00A000 | Flanders | 3,124 m² | 1 · 58 m² | 7.2 m |
| 24020A0977/00C000 | Flanders | 207 m² | 1 · 96 m² | 13.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDiest2.265.237.337
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,636 companies in this sector we hold annual accounts for 670. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded02-06-2017
Fiscal year end31-12
Activities, NACEBEL 2025
46170Agents in the wholesale of food, beverages and tobacco
47279Other retail sale of food
46180Agents specialised in the wholesale of other particular products
46370Wholesale trade
47512Retail sale of household textiles and bedding
47540Retail sale of electrical household appliances
47553Retail trade
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0676516602
Also
9925:BE0676516602
Registered
01-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.