Teamwork Belgium
ActiveSummary
Teamwork Belgium has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €467k and a net result of €272k. Its solvency ranks better than 40% of 1424 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability78▲+9
Solvency53▲+15
Growth78
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.93 against 1.78 in 2024; short-term debt: 51.7% and cash: 19.7% of total assets), but 72.4% of the assets are financed with debt.
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Signals
Five 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
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
27.6%
Return on assets
16%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-05-2026, 86 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
86 d early
2024
38 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€272k▲ 47.0%
2024 · €185k
Working capital
€819k▲ 26.6%
2024 · €647k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result€261k-€378k▲ 44.5%
Net result€185k-€272k▲ 47.0%
Equity€195k-€467k▲ 139%
Total assets€1.47M-€1.70M▲ 15.1%
Debt€1.28M-€1.23M▼ 3.9%
Working capital€647k-€819k▲ 26.6%
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 45% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €1.70M
Equity
€467k ▲ 139%
Debt
€1.23M ▼ 3.9%
Debt's share of the balance-sheet total falls from 86.8% to 72.4%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.93▲
2024 · 1.78
Debt to equity
2.63▼
2024 · 6.55
ROE
58.2%▼
2024 · 94.9%
ROA
16.0%▲
2024 · 12.6%
Debt ≤ 1 year
€877k▲
2024 · €827k
Debt > 1 year
€352k▼
2024 · €452k
Income taxes
€93k▲
2024 · €62k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Other operating charges640/8 | - | €375 | - |
| Gross operating margin9900 | €261k | €378k | ▲ 44.7% |
| Operating profit (loss)9901 | €261k | €378k | ▲ 44.5% |
| Financial charges65/66B | €14k | €12k | ▼ 14.8% |
| Recurring financial charges65 | €14k | €12k | ▼ 14.8% |
| Profit (loss) for the period before taxes9903 | €247k | €365k | ▲ 48.0% |
| Income taxes67/77 | €62k | €93k | ▲ 50.8% |
| Profit (loss) for the period9904 | €185k | €272k | ▲ 47.0% |
| Profit (loss) for the period to be appropriated9905 | €185k | €272k | ▲ 47.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1.47M | €1.70M | ▲ 15.1% |
| Current assets29/58 | €1.47M | €1.70M | ▲ 15.1% |
| Amounts receivable within one year40/41 | €1.12M | €1.36M | ▲ 22.1% |
| Trade receivables40 | €1.06M | €1.36M | ▲ 28.8% |
| Other amounts receivable41 | €58k | - | - |
| Cash at bank and in hand54/58 | €358k | €333k | ▼ 6.9% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.47M | €1.70M | ▲ 15.1% |
| Equity10/15 | €195k | €467k | ▲ 139% |
| Contributions10/11 | €10k | €10k | = |
| Reserves13 | €185k | €457k | ▲ 147% |
| Distributable reserves133 | €185k | €457k | ▲ 147% |
| Amounts payable17/49 | €1.28M | €1.23M | ▼ 3.9% |
| Amounts payable after more than one year17 | €452k | €352k | ▼ 22.1% |
| Other amounts payable178/9 | €452k | €352k | ▼ 22.1% |
| Amounts payable within one year42/48 | €827k | €877k | ▲ 6.0% |
| Trade debts44 | €744k | €661k | ▼ 11.2% |
| Suppliers440/4 | €744k | €661k | ▼ 11.2% |
| Taxes, remuneration and social security45 | €83k | €216k | ▲ 161% |
| Taxes450/3 | €83k | €216k | ▲ 161% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €185k | €272k | ▲ 47.0% |
| Operating cash flow (approximation) | €185k | €272k | ▲ 47.0% |
| Change in cash | - | €-25k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €200kEq €467k ▲139%
2 profitable years in a row build equity to €467k.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
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, Watermaal-Bosvoorde · 1 establishment unit since 2023
Ground area
7,608 m²
Building footprint
1,019 m²
Volume, LiDAR
29,191 m³
Parcel 21652E0042/00H002, Brussels · tallest building 35.8 m, ±10 floors. Linked by address, not a title deed.
173
companies at this address
See who is registered here
1 establishment unit
Terhulpsesteenweg 185, 1170 Watermaal-Bosvoorde
since 20232.348.388.905
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0042/00H002 | Brussels | 7,608 m² | 1 · 1,019 m² | 35.8 m · 10 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Similar companies · same sector, comparable size
BOUWONDERNEMING COPPENS WIM
BE 0459.486.030
Lennik · Eq €467,807
Yazzoom
BE 0839.686.834
Gent · Eq €468,188
ITcube
BE 0466.072.330
Rixensart · Eq €468,293
HUNT CONSULTANTS
BE 0819.560.126
Zaventem · Eq €466,290
DLX
BE 0447.869.388
Anzegem · Eq €468,723
Of 16,901 companies in sector 62100 we hold annual accounts for 8,772. 5,572 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
Founded26-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
70200Business and other management consultancy
82990Other business support services
Contact
E-mail
pierre.deflandre@teamwork.net
Scores and ratios are computed by Checked and are not a credit decision.