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TEAMTANK

Active
Private limited companyfounded 201016 yrs activeWesthinderstraat 2, 8400 Oostende, BelgiumKBO/BCE: BE 0827.888.862

TEAMTANK has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €19k and a net result of €348. Equity is shrinking by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 89% of 37971 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
88 / 100
Excellent▼ -12 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability23▼-75
Solvency100=
Growth64▲+25
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 6.38 against 12.43 in 2023), and 9.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 16 years 0 20 y
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 2024
Solvency, return and age of the figures
Solvency
90.8%
Return on assets
1.6%
Age of the figures
20 mo
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €19k
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 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
34 d early
2023
on the day
2022
7 d early
2021
26 d early
2020
24 d late
2019
19 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Turnover
€44k▲ 232%
2023 · €13k
2018: €21k 2019: €25k 2020: €21k 2021: €12k 2022: €10k 2023: €13k
2018 → 2024
EBIT margin
1.4%▼ 26.9pp
2023 · 28.3%
2018: -30.0% 2019: -4.5% 2020: -32.2% 2021: -25.9% 2022: 3.4% 2023: 28.3%
2018 → 2024
Net result
€348▼ 90.2%
2023 · €4k
2018: €-8k 2019: €-1k 2020: €-7k 2021: €-4k 2022: €-5 2023: €4k
2018 → 2024
Working capital
€10k▼ 21.0%
2023 · €13k
2018: €18k 2019: €21k 2020: €16k 2021: €12k 2022: €12k 2023: €13k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Turnover€21k-€12k▼ 43.8%€10k▼ 14.7%€13k▲ 34.6%€44k▲ 232%
Equity€19k-€15k▼ 21.3%€15k=€19k▲ 23.2%€19k▲ 1.8%
Operating result€-7k-€-3k▲ 54.7%€339€4k▲ 1,014%€602▼ 84.1%
Net result€-7k-€-4k▲ 40.0%€-5▲ 99.9%€4k€348▼ 90.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€-5k€0€5kOperating result 2020: €-7k€-7kNet result 2020: €-7k€-7kOperating result 2021: €-3k€-3kNet result 2021: €-4k€-4kOperating result 2022: €339€339Net result 2022: €-5€-5Operating result 2023: €4k€4kNet result 2023: €4k€4kOperating result 2024: €602€602Net result 2024: €348€34820202021202220232024
The operating result falls in 2024; 2024 is 84% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €21k
Fixed assets €9k▲ 55.1%
Current assets €12k▼ 13.9%
Equity and liabilities €21k
Equity €19k▲ 1.8%
Debt €2k▲ 67.9%
The debt ratio rises from 5.8% to 9.2%: debt grows faster than equity.
Key figures and ratios
2024 value · change against 2023
EBITDA
€3k
2023 · €5k
Cash flow
€3k
2023 · €4k
Solvency
90.8%
2023 · 94.2%
Current ratio
6.38
2023 · 12.43
Quick ratio
3.26
2023 · 2.46
Debt / equity
0.10
2023 · 0.06
ROE
1.8%
2023 · 18.8%
ROA
1.6%
2023 · 17.7%
Interest coverage
29.71
2023 · 53.18
Debt
€2k
2023 · €1k
Debt ≤ 1 year
€2k
2023 · €1k
Income taxes
€164
2023 · €149
Staff costs
€42
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€20k€21k
Fixed assets21/28€6k€9k
Tangible fixed assets22/27€5k€8k
Land and buildings22€2k€2k
Plant, machinery and equipment23-€378
Furniture and vehicles24€3k€6k
Financial fixed assets28€700€700=
Current assets29/58€14k€12k
Stocks and contracts in progress3€12k€6k
Stocks30/36€12k€6k
Amounts receivable within one year40/41€769€2k
Other amounts receivable41€769€2k
Cash at bank and in hand54/58€970€2k
Deferred charges and accrued income490/1€1k€2k
Equity and liabilities
Total equity and liabilities10/49€20k€21k
Equity10/15€19k€19k
Contributions10/11€19k€19k=
Reserves13€13k€13k=
Distributable reserves133€13k€13k=
Profit (loss) carried forward14€-13k€-13k
Amounts payable17/49€1k€2k
Amounts payable within one year42/48€1k€2k
Trade debts44€91-
Suppliers440/4€91-
Taxes, remuneration and social security45€1k€2k
Taxes450/3€1k€2k
Other amounts payable47/48€9-
Income statement Code20232024
Turnover70€13k€44k
Goods, raw materials, services and sundry goods60/61€8k€43k
Remuneration, social security and pensions62-€42
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€776€2k
Other operating charges640/8€2k€364
Gross operating margin9900€7k€3k
Operating profit (loss)9901€4k€602
Financial income75/76B-€6
Recurring financial income75-€6
Financial charges65/66B€86€96
Recurring financial charges65€86€96
Profit (loss) for the period before taxes9903€4k€512
Income taxes67/77€149€164
Profit (loss) for the period9904€4k€348
Profit (loss) for the period to be appropriated9905€4k€348
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-13k
Profit (loss) brought forward from the previous period14P€-17k€-13k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
27-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €4k
Net result €4k after 5 loss-making years.
24-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity doublescurrent ratio 7.84
Current ratio from 3.37 to 7.84; short-term debt falls from €5k to €2k.
05-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
24-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
19-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
31-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
12-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
08-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated 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, Oostende · 1 establishment unit since 2010
establishment The establishment unit on the map
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.

Westhinderstraat 28400 Oostende
Ground area
279 m²
Building footprint
386 m²
Volume, LiDAR
3,240 m³
Parcel 35382D0736/00T004, Flanders · tallest building 14.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Team Tank
Westhinderstraat 2, 8400 OostendeMotion picture, video and television programme production, sound recording and music publishing activities
since 20102.190.497.649
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35382D0736/00T004 Flanders 279 m² 1 · 386 m² 14.3 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 30,064 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded16-07-2010
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.