TEAM HUB SERVICES
ActiveThe computed 12-month bankruptcy probability of TEAM HUB SERVICES is 2.9% (moderate). The 2024 annual accounts show equity of €6k and a net result of €-2k. Equity is shrinking by ~19.9% per year across the filed fiscal years. Its solvency ranks better than 93% of 6538 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
46
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency100=
Growth32=
Track record94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
82.2%
Return on assets
-19.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-05-2025, 85 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
85 d early
2023
112 d early
2022
16 d early
2021
17 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-2k▲ 4.8%
2023 · €-2k
2021: €3k
2022: €-3k
2023: €-2k
2021 → 2024
Working capital
€6k▼ 15.8%
2023 · €7k
2021: €12k
2022: €9k
2023: €7k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€13k-€9k▼ 24.7%€8k▼ 16.9%€6k▼ 19.4%
Operating result€3k-€-3k€-1k▲ 51.8%€-1k▲ 9.4%
Net result€3k-€-3k€-2k▲ 48.6%€-2k▲ 4.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2024 against €1k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8k
Fixed assets
€320▼ 54.8%
Current assets
€7k▼ 16.0%
Equity and liabilities €8k
Equity
€6k▼ 19.4%
Debt
€1k▼ 16.8%
The debt ratio rises from 17.3% to 17.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-1k▲
2023 · €-1k
Cash flow
€-1k▼
2023 · €-1k
Solvency
82.2%▼
2023 · 82.7%
Current ratio
5.40▲
2023 · 5.35
Quick ratio
5.40▲
2023 · 5.35
Debt / equity
0.22▲
2023 · 0.21
ROE
-24.0%▼
2023 · -20.3%
ROA
-19.7%▼
2023 · -16.8%
Interest coverage
-5.84▲
2023 · -9.13
Debt
€1k▼
2023 · €2k
Debt ≤ 1 year
€1k▼
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€9k€8k▼
Fixed assets21/28€708€320▼
Tangible fixed assets22/27€548€320▼
Plant, machinery and equipment23€548€320▼
Financial fixed assets28€160-
Current assets29/58€9k€7k▼
Amounts receivable within one year40/41€8k€7k▼
Trade receivables40€655-
Other amounts receivable41€8k€7k▼
Cash at bank and in hand54/58€403€104▼
Equity and liabilities
Total equity and liabilities10/49€9k€8k▼
Equity10/15€8k€6k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€-2k€-4k▼
Amounts payable17/49€2k€1k▼
Amounts payable within one year42/48€2k€1k▼
Trade debts44€290-
Suppliers440/4€290-
Other amounts payable47/48€1k€1k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€313€228▼
Other operating charges640/8€348€85▼
Gross operating margin9900€-809€-1k▼
Operating profit (loss)9901€-1k€-1k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€127€189▲
Recurring financial charges65€127€189▲
Profit (loss) for the period before taxes9903€-2k€-2k▲
Profit (loss) for the period9904€-2k€-2k▲
Profit (loss) for the period to be appropriated9905€-2k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-4k▼
Profit (loss) brought forward from the previous period14P€-555€-2k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
10-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
15-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-3k ▼222%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 9.95
Current ratio from 2.66 to 9.95; short-term debt falls from €7k to €1k.
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Pont-à-Celles · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Pachy Couche(LUT) 166238 Pont-à-CellesGround area
1,176 m²
Building footprint
200 m²
Volume, LiDAR
825 m³
2 parcels, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TEAM HUB SERVICES
since 20212.313.408.923
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52042A0457/02Y000 | Wallonia | 590 m² | 1 · 51 m² | - |
| 52352B0250/00D002 | Wallonia | 586 m² | 1 · 149 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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EazyConsult
BE 1027.741.724
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Arenberg Auctions
BE 0657.769.074
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BE 1006.286.017
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Of 474 companies in sector 47920 we hold annual accounts for 31. 16 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-02-2021
Fiscal year end31-12
Abbreviation FR
THS
Activities, NACEBEL
47920Retail trade
46869Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.