TEAM SERVICES
ActiveSummary
TEAM SERVICES has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €192k and a net result of €9k. Equity is growing by ~19.8% per year across the filed fiscal years. Its solvency ranks better than 74% of 7500 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▲+5
Solvency91▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.15 against 0.06 in 2024; short-term debt: 27% and cash: 4% of total assets), and 34.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.9%
Return on assets
3%
Age of the figures
10 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 15-02-2026, 135 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
135 d early
2024
63 d early
2023
129 d early
2022
158 d early
2021
132 d early
2020
152 d early
2019
145 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-11-2026 close30-06-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9k▲ 721%
2024 · €1k
2018: €8k
2019: €8k▼ -1.9% vs 2018
2020: €2k▼ -71.3% vs 2019
2021: €1k▼ -51.7% vs 2020lowest value
2023: €111khighest value
2024: €1k▼ -99.0% vs 2023
2025: €9k▲ +721% vs 2024
2018 → 2025
Working capital
€-67k▲ 22.6%
2024 · €-87k
2018: €8khighest value
2019: €7k▼ -15.6% vs 2018
2020: €-8k▼ -210% vs 2019
2021: €-25k▼ -223% vs 2020
2023: €-50k
2024: €-87k▼ -73.2% vs 2023lowest value
2025: €-67k▲ +22.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€67k-€68k▲ 1.6%€182k▲ 167%€183k▲ 0.6%€192k▲ 4.9%
2020: €67klowest value
2021: €68k▲ +1.6% vs 2020
2023: €182k
2024: €183k▲ +0.6% vs 2023
2025: €192k▲ +4.9% vs 2024highest value
Operating result€-299-€4k€154k▲ 4,138%€11k▼ 92.8%€14k▲ 23.9%
2020: €-299lowest value
2021: €4k▲ +1317% vs 2020
2023: €154khighest value
2024: €11k▼ -92.8% vs 2023
2025: €14k▲ +23.9% vs 2024
Net result€2k-€1k▼ 51.7%€111k▲ 10,314%€1k▼ 99.0%€9k▲ 721%
2020: €2k
2021: €1k▼ -51.7% vs 2020lowest value
2023: €111khighest value
2024: €1k▼ -99.0% vs 2023
2025: €9k▲ +721% vs 2024
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 24% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €291k
Fixed assets
€280k ▼ 6.1%
Current assets
€12k ▲ 108%
Equity and liabilities €291k
Equity
€192k ▲ 4.9%
Provisions
€2k =
Debt
€98k ▼ 17.8%
Debt's share of the balance-sheet total falls from 39.1% to 33.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37k▲
2024 · €32k
Cash flow
€32k▲
2024 · €22k
Current ratio
0.15▲
2024 · 0.06
Debt to equity
0.51▼
2024 · 0.65
ROE
4.6%▲
2024 · 0.6%
ROA
3.0%▲
2024 · 0.4%
Interest coverage
33.99▲
2024 · 5.83
Debt ≤ 1 year
€79k▼
2024 · €92k
Debt > 1 year
€19k▼
2024 · €26k
Income taxes
€4k▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€303k€291k▼
Fixed assets21/28€298k€280k▼
Tangible fixed assets22/27€298k€279k▼
Land and buildings22€232k€220k▼
Plant, machinery and equipment23€938€397▼
Furniture and vehicles24€14k€16k▲
Other tangible fixed assets26€51k€44k▼
Financial fixed assets28€246€246▲
Current assets29/58€6k€12k▲
Cash at bank and in hand54/58€6k€12k▲
Equity and liabilities
Total equity and liabilities10/49€303k€291k▼
Equity10/15€183k€192k▲
Contributions10/11€20k€20k=
Capital10€20k€20k=
Issued capital100€20k€20k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Legal reserve130€1k€1k=
Profit (loss) carried forward14€162k€171k▲
Provisions and deferred taxes16€2k€2k=
Provisions for liabilities and charges160/5€2k€2k=
Other liabilities and charges164/5€2k€2k=
Amounts payable17/49€119k€98k▼
Amounts payable after more than one year17€26k€19k▼
Financial debts170/4€26k€19k▼
Amounts payable within one year42/48€92k€79k▼
Current portion of amounts payable after more than one year42€8k€8k=
Trade debts44€11k€2k▼
Suppliers440/4€11k€2k▼
Taxes, remuneration and social security45€4k€9k▲
Taxes450/3€4k€9k▲
Other amounts payable47/48€69k€60k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€23k▲
Gross operating margin9900€32k€37k▲
Operating profit (loss)9901€11k€14k▲
Financial charges65/66B€6k€1k▼
Recurring financial charges65€6k€1k▼
Profit (loss) for the period before taxes9903€6k€13k▲
Income taxes67/77€4k€4k▼
Profit (loss) for the period9904€1k€9k▲
Profit (loss) for the period to be appropriated9905€1k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€162k€171k▲
Profit (loss) brought forward from the previous period14P€161k€162k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €165k | - | - | - |
| Remuneration, social security and pensions62 | - | - | €5k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €16k | €16k | €21k | €23k | ▲ 6.6% |
| Other operating charges640/8 | - | - | €165 | - | - | - |
| Gross operating margin9900 | €14k | €20k | €175k | €32k | €37k | ▲ 12.6% |
| Operating profit (loss)9901 | €-299 | €4k | €154k | €11k | €14k | ▲ 23.9% |
| Financial charges65/66B | - | - | €1k | €6k | €1k | ▼ 80.7% |
| Recurring financial charges65 | €2k | €1k | €1k | €6k | €1k | ▼ 80.7% |
| Profit (loss) for the period before taxes9903 | €-2k | €2k | €153k | €6k | €13k | ▲ 128% |
| Income taxes67/77 | €-4k | €1k | €42k | €4k | €4k | ▼ 14.3% |
| Profit (loss) for the period9904 | €2k | €1k | €111k | €1k | €9k | ▲ 721% |
| Profit (loss) for the period to be appropriated9905 | €2k | €1k | €111k | €1k | €9k | ▲ 721% |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €142k | €128k | €362k | €303k | €291k | ▼ 4.0% |
| Fixed assets21/28 | €105k | €110k | €317k | €298k | €280k | ▼ 6.1% |
| Tangible fixed assets22/27 | €105k | €109k | €316k | €298k | €279k | ▼ 6.1% |
| Land and buildings22 | - | - | €244k | €232k | €220k | ▼ 5.2% |
| Plant, machinery and equipment23 | - | - | €1k | €938 | €397 | ▼ 57.7% |
| Furniture and vehicles24 | - | - | €14k | €14k | €16k | ▲ 14.2% |
| Other tangible fixed assets26 | - | - | €56k | €51k | €44k | ▼ 14.7% |
| Financial fixed assets28 | €246 | €246 | €246 | €246 | €246 | ▲ 0.1% |
| Current assets29/58 | €37k | €18k | €46k | €6k | €12k | ▲ 108% |
| Amounts receivable within one year40/41 | €31k | €17k | €20k | - | - | - |
| Other amounts receivable41 | - | - | €20k | - | - | - |
| Cash at bank and in hand54/58 | €6k | €1k | €25k | €6k | €12k | ▲ 108% |
| Deferred charges and accrued income490/1 | - | - | €674 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €142k | €128k | €362k | €303k | €291k | ▼ 4.0% |
| Equity10/15 | €67k | €68k | €182k | €183k | €192k | ▲ 4.9% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Capital10 | - | - | €20k | €20k | €20k | = |
| Issued capital100 | - | - | €20k | €20k | €20k | = |
| Reserves13 | €1k | €1k | €1k | €1k | €1k | = |
| Non-distributable reserves130/1 | - | - | €1k | €1k | €1k | = |
| Legal reserve130 | - | - | €1k | €1k | €1k | = |
| Profit (loss) carried forward14 | €46k | €47k | €161k | €162k | €171k | ▲ 5.5% |
| Provisions and deferred taxes16 | - | - | - | €2k | €2k | = |
| Provisions for liabilities and charges160/5 | - | - | - | €2k | €2k | = |
| Other liabilities and charges164/5 | - | - | - | €2k | €2k | = |
| Amounts payable17/49 | €75k | €60k | €180k | €119k | €98k | ▼ 17.8% |
| Amounts payable after more than one year17 | €30k | €17k | €60k | €26k | €19k | ▼ 28.5% |
| Financial debts170/4 | - | - | €60k | €26k | €19k | ▼ 28.5% |
| Amounts payable within one year42/48 | €45k | €43k | €96k | €92k | €79k | ▼ 14.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €8k | €8k | = |
| Trade debts44 | €20k | €65 | €17k | €11k | €2k | ▼ 84.6% |
| Suppliers440/4 | - | - | €17k | €11k | €2k | ▼ 84.6% |
| Advances received on contracts in progress46 | - | - | €3k | - | - | - |
| Taxes, remuneration and social security45 | - | - | €46k | €4k | €9k | ▲ 113% |
| Taxes450/3 | - | - | €46k | €4k | €9k | ▲ 113% |
| Other amounts payable47/48 | - | - | €29k | €69k | €60k | ▼ 13.6% |
| Accrued charges and deferred income492/3 | - | - | €25k | €0 | - | - |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €1k | €111k | €1k | €9k | ▲ 721% |
| + Depreciation and write-downs630 | €13k | €16k | €16k | €21k | €23k | ▲ 6.6% |
| Operating cash flow (approximation) | €16k | €17k | €127k | €22k | €32k | ▲ 41.1% |
| Investment in fixed assets (approximation) | - | €-21k | - | €-3k | €-4k | ▼ 77.8% |
| Change in cash | - | €-5k | - | €-19k | €6k | ▲ 131% |
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
15-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-11
Financial
Highest result since 2018net €111k ▲10,314%
Operating result €154k, net result €111k, both a record.
30-11
Financial
Equity above €150kEq €182k ▲167%
5 profitable years in a row build equity to €182k.
23-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
18-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-11
Financial
Weakest financial yearnet €1k ▼51.7%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
06-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
04-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
18-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Anderlecht · 1 establishment unit since 2007
Ground area
2,702 m²
Building footprint
2,462 m²
Volume, LiDAR
21,735 m³
Parcel 21302A0022/00W002, Brussels · tallest building 20.9 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
TEAM SERVICES
since 20072.157.886.744
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21302A0022/00W002 | Brussels | 2,702 m² | 1 · 2,462 m² | 20.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 12,182 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-11-2006
Fiscal year end30-11
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
70200Business and other management consultancy
81220Other building cleaning and industrial cleaning
Contact
Phone
02/251.19.35Anderlecht
Fax
02/251.19.35Anderlecht
Scores and ratios are computed by Checked and are not a credit decision.