TEAMWELL
ActiveSummary
TEAMWELL has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,055 and a net result of -€3,001. Equity is shrinking by ~25.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 15% of 17213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability23▲+23
Solvency35▼-4
Growth32=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.08 against 0.23 in 2024; short-term debt: 90.3% and cash: 1.3% of total assets), and 90.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
9.7%
Return on assets
-5.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year -€3,001
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 17213 sector peers (2025).
NBB · sector comparisonPosition among 17213 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 4 filingsDeviation from the deadline
2025
27 d late
2024
17 d late
2023
26 d late
2022
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 25 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% 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 27 August (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€5,055▼ 37.2%
2024 · €8,056
Total assets
€52,089▼ 7.4%
2024 · €56,279
Net result
-€3,001▲ 71.4%
2024 · -€10,480
Working capital
-€43,493▼ 17.7%
2024 · -€36,942
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result-€2,341-€8,738-€9,894-€2,648▲ 73.2%
Net result-€2,318below the sector's middle half-€8,854within the sector's middle half-€10,480below the sector's middle half-€3,001below the sector's middle half▲ 71.4%
Equity€9,682below the sector's middle half-€18,536below the sector's middle half▲ 91.4%€8,056below the sector's middle half▼ 56.5%€5,055below the sector's middle half▼ 37.2%
Total assets€21,260below the sector's middle half-€47,468below the sector's middle half▲ 123%€56,279below the sector's middle half▲ 18.6%€52,089below the sector's middle half▼ 7.4%
Debt€11,578-€28,933▲ 150%€48,223▲ 66.7%€47,034▼ 2.5%
Working capital-€1,597below the sector's middle half--€26,462below the sector's middle half▼ 1,557%-€36,942below the sector's middle half▼ 39.6%-€43,493below the sector's middle half▼ 17.7%
Solvency45.5%within the sector's middle half-39.0%within the sector's middle half▼ 6.5pp14.3%below the sector's middle half▼ 24.7pp9.7%below the sector's middle half▼ 4.6pp
Current ratio0.86below the sector's middle half-0.09below the sector's middle half▼ 0.780.23below the sector's middle half▲ 0.150.08below the sector's middle half▼ 0.16
Return on assets (ROA)-10.9%below the sector's middle half-18.7%within the sector's middle half▲ 29.6pp-18.6%below the sector's middle half▼ 37.3pp-5.8%below the sector's middle half▲ 12.9pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, 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 €2,648 in 2025 against €9,894 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52,089
Fixed assets
€48,548 ▲ 7.9%
Current assets
€3,541 ▼ 68.6%
Equity and liabilities €52,089
Equity
€5,055 ▼ 37.2%
Debt
€47,034 ▼ 2.5%
Debt's share of the balance-sheet total rises from 85.7% to 90.3%. Equity and debt are lower.
Key figures and ratios
Debt to equity
9.30▲
2024 · 5.99
ROE
-59.4%▲
2024 · -130.1%
Debt ≤ 1 year
€47,034▼
2024 · €48,223
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,303 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a small loss
5.2%
went bankrupt
1.5%
stopped otherwise
92%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.7% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,303 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,071 | - | - | - | - |
| Other operating charges640/8 | - | - | - | €29 | - |
| Gross operating margin9900 | -€1,270 | €8,738 | -€9,894 | -€2,620 | ▲ 73.5% |
| Operating profit (loss)9901 | -€2,341 | €8,738 | -€9,894 | -€2,648 | ▲ 73.2% |
| Financial income75/76B | €36 | €165 | - | €3 | - |
| Recurring financial income75 | €36 | €165 | - | €3 | - |
| Financial charges65/66B | €14 | €50 | €586 | €356 | ▼ 39.3% |
| Recurring financial charges65 | €14 | €50 | €586 | €356 | ▼ 39.3% |
| Profit (loss) for the period before taxes9903 | -€2,318 | €8,854 | -€10,480 | -€3,001 | ▲ 71.4% |
| Profit (loss) for the period9904 | -€2,318 | €8,854 | -€10,480 | -€3,001 | ▲ 71.4% |
| Profit (loss) for the period to be appropriated9905 | -€2,318 | €8,854 | -€10,480 | -€3,001 | ▲ 71.4% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €21,260 | €47,468 | €56,279 | €52,089 | ▼ 7.4% |
| Fixed assets21/28 | €11,279 | €44,998 | €44,998 | €48,548 | ▲ 7.9% |
| Intangible fixed assets21 | €11,279 | €44,998 | €44,998 | €48,548 | ▲ 7.9% |
| Current assets29/58 | €9,981 | €2,470 | €11,281 | €3,541 | ▼ 68.6% |
| Amounts receivable within one year40/41 | €340 | €2,175 | €10,845 | €2,883 | ▼ 73.4% |
| Trade receivables40 | - | - | €9,398 | €1,832 | ▼ 80.5% |
| Other amounts receivable41 | €340 | €2,175 | €1,446 | €1,051 | ▼ 27.3% |
| Cash at bank and in hand54/58 | €9,642 | €295 | €436 | €658 | ▲ 50.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €21,260 | €47,468 | €56,279 | €52,089 | ▼ 7.4% |
| Equity10/15 | €9,682 | €18,536 | €8,056 | €5,055 | ▼ 37.2% |
| Contributions10/11 | €12,000 | €12,000 | €12,000 | €12,000 | = |
| Profit (loss) carried forward14 | -€2,318 | €6,536 | -€3,944 | -€6,945 | ▼ 76.1% |
| Amounts payable17/49 | €11,578 | €28,933 | €48,223 | €47,034 | ▼ 2.5% |
| Amounts payable within one year42/48 | €11,578 | €28,933 | €48,223 | €47,034 | ▼ 2.5% |
| Trade debts44 | €3,578 | €3,433 | €14,528 | €6,994 | ▼ 51.9% |
| Suppliers440/4 | €3,578 | €3,433 | €14,528 | €6,994 | ▼ 51.9% |
| Other amounts payable47/48 | €8,000 | €25,500 | €33,695 | €40,040 | ▲ 18.8% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,318 | €8,854 | -€10,480 | -€3,001 | ▲ 71.4% |
| + Depreciation and write-downs630 | €1,071 | - | - | - | - |
| Operating cash flow (approximation) | -€1,247 | €8,854 | -€10,480 | -€3,001 | ▲ 71.4% |
| Investment in fixed assets (approximation) | - | -€33,719 | €0 | -€3,550 | - |
| Change in cash | - | -€9,346 | €140 | €222 | ▲ 57.9% |
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
17-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 17 days late
2024
31-12
Financial
Weakest financial yearnet -€10,480
Net result drops to -€10,480, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Back to profitnet €8,854
Net result €8,854 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Theux · 1 establishment unit since 2022
Ground area
117 m²
Building footprint
40 m²
Volume, LiDAR
369 m³
Parcel 63076A0516/00G002, Wallonia · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
TEAMWELL
since 20222.334.436.345
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63076A0516/00G002 | Wallonia | 117 m² | 1 · 40 m² | 12.0 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 16,915 companies in sector 62100 we hold annual accounts for 8,786. 3,017 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
Founded27-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
77330Rental and leasing activities
Contact
Website
www.teamwell.co
E-mail
info@teamwell.co
E-invoicing
Reachable via Peppol
Peppol ID
0208:0788927526
Also
9925:BE0788927526
Registered
26-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.