Liquidity
23.72 was 1.17 in 2024
Short-term debts fell from €70,283 to €400.
Team10
Lifetime
3 annual accounts with figures on one time axispeak €2,219 (2023)
-€1,653▼ €2,845
lowest -€2,631 (2025)
-€2,631▼ €3,101
peak €11,714 (2024)
€9,083▼ 22.5%
€400▼ 99.4%
Board2 names since 2022
2 directors and 1 other
Owners3 names in the annual accounts
50% and 2 others
Documentsfilings and deeds
09-07-202622 days before the deadline
2025abbreviated format
Gross margin from €1,192 to -€1,653Loss of €2,631Equity from €11,714 to €9,083Debts from €70,283 to €400Cash from €81,884 to €9,468
Key points
from the 2025 annual accountsStarting capital
€10,000 100 shares
Position in the sector
95.8%
Higher solvency than 94% of companies in real estate. Sector median 30.2% · 12,427 companies.
Turnover not published (abbreviated format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,234 companies had the same profile as Team10 has now. Each dot stands for 9 companies, two years later.
87.5%
were still trading
9.0%
stopped another way
3.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,234 companies, not a prediction for Team10. 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, , since 17-08-2022
Director, , since 17-08-2022
- 50%score equity €24.2m (2025) · 30-09-2025 annual accounts of
- 50%score equity €61.2m (2025) · 2025 annual accounts of
- 50%equity €39.4m (2025) · 30-06-2025 annual accounts of
Recent changes
Incorporation
Founding capital of €10,000, 100 shares · Founders: and · Appointments: (director) and (director) · published on 19-08-2022 · Gazette deed
First establishment
Roeselarestraat 205, Staden
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Team10 Staden | €9,483 | -€1,653 | 95.8% | - |
| The Empathy Game Waterloo | €11,123 | -€2,048 | 67.4% | - |
| GO-LEM Berlaar | €13,605 | -€10,986 | 58.0% | - |
| SPACE INVEST Oudenaarde | €9,417 | -€28,309 | 87.4% | - |
| SKYGAARDEN PROJECT Hoegaarden | €16,928 | -€2,852 | 72.5% | - |
| ENERGIE BEWUST BOUWEN Wetteren | €16,698 | €3,112 | -4.5% | - |
| KLK Homeimprovements Tessenderlo-Ham | €26,955 | -€4,321 | 23.1% | - |
These companies have the same main activity as Team10: development of non-residential building projects (NACE 68122). They are comparable in size and age: total assets between €9,420 and €27,000, founded between 2020 and 2023.
Official details
Source: KBO- Status
- Active since 17-08-2022Normal situation
- Registered office
- 21 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 13 November 2026.
- Activity
- Development of non-residential building projectsNACE 68122and 1 other
- Establishment unit
- 2.335.120.3928840 Staden, since 17-08-2022
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €9,483▼ 88.4%
- Filing
- Filed on 09-07-2026, 22 days before the end of the filing period
Insights on Team10
Team10 files the abbreviated format. That format states no turnover. The gross margin fell from €2,219 in 2023 to -€1,653 in 2025.
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 Team10
- What is the company number of Team10?
- The company number of Team10 is 0789.696.301. The VAT number is the same number with BE in front: BE 0789.696.301.
- Where is Team10 based?
- The registered office is at Roeselarestraat 205, 8840 Staden.Company details
- What does Team10 do?
- According to the KBO register, the main activity is development of non-residential building projects (NACE 68122).
- What is the legal form of Team10?
- Team10 is a private limited company (BV).
- When was Team10 founded?
- Team10 was founded on 17-08-2022.
- Is Team10 still active?
- Yes, Team10 is an active enterprise in the KBO register.
- What is the turnover of Team10?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is Team10 profitable?
- In financial year 2025, Team10 made a loss of €2,631.
- Where can I find the annual accounts of Team10?
- Team10 filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Team10 due?
- Team10 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
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