Checked.be · Company dossierhttps://checked.be/en/c/teamwise-0552706295 · as of 30-09-2026
TeaMWise
Active
Public limited company · founded 2014 · 12 yrs activePresident Kennedypark(Kor) 8A, 8500 Kortrijk, BelgiumKBO/BCE: BE 0552.706.295
Summary
TeaMWise has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€12,662) and a net result of -€11,600. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 7967 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
How financially healthy the company is, how likely a bankruptcy is and how much credit is sensible. Start here to know whether you can do business safely.
Score 2025
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Four sides of financial health side by side. You see at a glance where the company is strong and where it is vulnerable.
Profitability0▼-11
Solvency0▼-23
Growth58=
Track record100
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
1.4%Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.7 against 0.98 in 2024; short-term debt: 142.7% and cash: 17.7% of total assets), and equity is negative.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 57 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 28 May (5 of the last 5 filed years within 30 days of that day).
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
History
History
The company's story in a few sentences, from the company register, the Belgian State Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
TeaMWise was incorporated on 15 May 2014.1Since 2026, Kristof Bossuyt has served as director of the company.2Total assets fell from EUR 58,840 in 2018 to EUR 29,621 in 2025.3
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
Net result-€7,667below the sector's middle half▲ 53.5%-€5,706below the sector's middle half▲ 25.6%€7,294within the sector's middle half-€5,079below the sector's middle half-€11,600below the sector's middle half▼ 128%
EBIT margin
Equity-€19,791below the sector's middle half▼ 63.2%-€3,277below the sector's middle half▲ 83.4%€4,017below the sector's middle half-€1,062below the sector's middle half-€12,662below the sector's middle half▼ 1,093%
Total assets€49,055below the sector's middle half▼ 95.1%€114,647below the sector's middle half▲ 134%€277,625below the sector's middle half▲ 142%€47,663below the sector's middle half▼ 82.8%€29,621below the sector's middle half▼ 37.9%
Working capital-€18,281below the sector's middle half▼ 72.1%-€1,324below the sector's middle half▲ 92.8%€6,017below the sector's middle half-€1,062below the sector's middle half-€12,662below the sector's middle half▼ 1,093%
Solvency-40.3%below the sector's middle half▼ 39.1pp-2.9%below the sector's middle half▲ 37.5pp1.4%below the sector's middle half▲ 4.3pp-2.2%below the sector's middle half▼ 3.7pp-42.7%below the sector's middle half▼ 40.5pp
Current ratio0.73below the sector's middle half▼ 0.260.99below the sector's middle half▲ 0.261.02below the sector's middle half▲ 0.030.98below the sector's middle half▼ 0.040.70below the sector's middle half▼ 0.28
Return on assets (ROA)-15.6%below the sector's middle half▼ 14.0pp-5.0%below the sector's middle half▲ 10.7pp2.6%within the sector's middle half▲ 7.6pp-10.7%below the sector's middle half▼ 13.3pp-39.2%below the sector's middle half▼ 28.5pp
Staff (FTE)
abovewithinbelowthe middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11,479 in 2025 against €4,979 in 2024; the loss grows and 2025 has the lowest result in the available series.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€42,283▼
2024 · €48,724
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observation
Peer companies
What happened to companies that once looked just like this one does now. It describes the group, not this company: the figures are counted, not predicted.
Of the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.
Micro
10 to 20 years old
negative equity
a loss of 10% of the balance sheet or more
5.8%went bankrupt
8.1%stopped otherwise
85%still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
The companies in ten equal groups, from lowest to highest expected share.
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%
1.0%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
3.0%
3.1%
10
5.6%
6.2%
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 6,906 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
Filed annual accountsAs filed with the NBB · 2025 against 2024 · 30 lines
Balance sheetCode20242025
Assets
Total assets20/58€47,663€29,621▼
Current assets29/58€47,663€29,621▼
Amounts receivable within one year40/41€13,520€24,366▲
Permanent representative, Bernard Steverlynck (permanent representative)
29-05
NBB filingAnnual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-05
NBB filingAnnual accounts filed
fiscal year 2024 · abbreviated schema
2024
21-06
NBB filingAnnual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
FinancialBack to profitnet €7,294
Net result €7,294 after 3 loss-making years.
22-05
NBB filingAnnual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-05
NBB filingAnnual accounts filed
fiscal year 2021 · abbreviated schema
2021
21-06
NBB filingAnnual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-06
NBB filingAnnual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
FinancialBack to profitnet €1,521
Net result €1,521 after one loss-making year.
20-06
NBB filingAnnual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-06
NBB filingAnnual accounts filed
fiscal year 2017 · micro schema
2017
19-06
NBB filingAnnual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 17 acts read
About the unread acts
Of the 17 Belgian State Gazette acts we know for this company, 1 has been read. The other 16 have not been read yet: what they contain is neither established nor disproved here.
Who runs the company and where it is based. It tells you who you are talking to and whether the address checks out.
Directors
Directors
Who runs the company today and since when, grouped the way the CBE groups its function holders. Many recent board changes are a reason to keep a close eye.
Statutory auditor · since 03-06-2026 · perm. rep.: Elie Janssens
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
16 of this company's 17 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Location & real estate
Where the company is based and which parcels are linked to its addresses. An address shared by many companies is often a registered-office service.
Registered office, Kortrijk · 1 establishment unit since 2014
The establishment unit on the mapLoading the map
seatestablishmentThe establishment unit on the map
Ground area
5,043 m²
Building footprint
811 m²
Volume, LiDAR
10,830 m³
Parcel 34354D0092/00F000, Flanders · tallest building 17.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
TeaMWise
President Kennedypark(Kor) 8A, 8500 KortrijkGeneral electrical installation work
since 20142.235.859.601
1 parcel
Flanders1(100%)
Parcel (capakey)
Region
Area
Buildings
Height / fl.
34354D0092/00F000
Flanders
5,043 m²
1 · 811 m²
17.6 m · 4 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.
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
Who owns the company and which companies it holds shares in, as the companies file it in their annual accounts. It shows which group it belongs to and who ultimately stands behind it.
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register.
The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
Connections & network
Which other companies are linked to this one through directors or shares. Look especially for linked companies in trouble.
10 connected companies
Depth
Shared directors
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, scroll to zoom.
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 22,818 companies in this sector we hold annual accounts for 10,336. See the whole sector
Company details
Company details
The company's official details: legal form, status, activities and founding date. Useful to draw up an invoice or contract correctly.
Identification
Legal formPublic limited company
Founded15-05-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
71209Other technical testing and analysis
74999Other professional, scientific and technical activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID0208:0552706295
Also9925:BE0552706295
Registered27-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.