TEBA
ActiveSummary
TEBA has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €342,903 and a net result of -€6,744. Equity has been stable since 2019 (±1.7% per year). Its solvency ranks better than 95% of 401 sector peers (NACE 46, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 29-03-1996 Normal situation
- Activity
- Wholesale of electrical household appliances and audio-video equipment NACE 46431and 2 others
- Establishment units
- 2.076.121.187 3800 Sint-Truiden, since 12-04-1996
- 2.076.121.286 3500 Hasselt, since 12-04-1996
- Financial year end
- 31 March
- Peppol
- Reachable since 22-04-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €4,723
- ▼ 33.8%
- Turnover
- ≈ €46,000
- estimated
- Loss
- €6,744
- ▲ 35.5%
- Equity
- €342,903
- ▼ 1.9%
- Total assets
- €362,605
- ▼ 1.2%
Score breakdownraises riskLoss of €6,744, the second in a row (financial year 2026)lowers riskLiquidity: current ratio 11.77, cash €97,047Equity €342,903 (94.6% of total assets)Founded in 1996Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 90% of them on solvency, 85% on liquidity, 20% on profitability and 36% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 22 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2026, micro format
Annual accounts 2026 filed on 10-09-2026 at the NBB all 30 filings
Every figure per financial year
The operating result for 2026 is a loss of €6,449, larger than the loss of €4,230 in 2025.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Tangible fixed assets | €855 | - | €1,286 | €1,156 | - |
| Financial fixed assets | - | - | - | - | €0 |
| Depreciation and write-downs of the year | €15,065 | €14,577 | €10,366 | €4,322 | €3,947 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,903 | €21,156 | €16,069 | €15,065 | €14,577 | €10,366 | €4,322 | €3,947 | ▼ 8.7% |
| Other operating charges640/8 | - | - | - | €6,036 | €6,175 | €9,540 | €7,043 | €7,226 | ▲ 2.6% |
| Gross operating margin9900 | -€11,515 | €27,197 | €38,092 | €14,554 | €1,808 | €9,817 | €7,134 | €4,723 | ▼ 33.8% |
| Operating profit (loss)9901 | -€38,994 | -€1,041 | €16,031 | -€6,547 | -€18,944 | -€10,088 | -€4,230 | -€6,449 | ▼ 52.4% |
| Financial income75/76B | - | - | - | €196 | €10 | €0 | - | €260 | - |
| Recurring financial income75 | €188 | €278 | €27 | €196 | €10 | €0 | - | €260 | - |
| Financial charges65/66B | - | - | - | €1,339 | €1,230 | €952 | €745 | €554 | ▼ 25.6% |
| Recurring financial charges65 | €1,818 | €1,447 | €998 | €1,339 | €1,230 | €952 | €745 | €554 | ▼ 25.6% |
| Profit (loss) for the period before taxes9903 | -€40,623 | -€2,211 | €15,060 | -€7,690 | -€20,164 | -€11,040 | -€4,976 | -€6,744 | ▼ 35.5% |
| Income taxes67/77 | - | - | €645 | €418 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | -€40,623 | -€2,211 | €14,416 | -€8,108 | -€20,164 | -€11,040 | -€4,976 | -€6,744 | ▼ 35.5% |
| Transfer from tax-exempt reserves789 | - | - | - | €2,896 | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€40,623 | -€2,211 | €20,456 | -€5,213 | -€20,164 | -€11,040 | -€4,976 | -€6,744 | ▼ 35.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €429,053 | €417,700 | €438,095 | €426,822 | €381,558 | €367,915 | €367,035 | €362,605 | ▼ 1.2% |
| Fixed assets21/28 | €203,180 | €185,745 | €175,717 | €161,507 | €146,930 | €137,850 | €134,685 | €130,738 | ▼ 2.9% |
| Tangible fixed assets22/27 | €201,844 | €184,410 | €174,381 | €160,172 | €145,595 | €136,515 | €133,349 | €129,403 | ▼ 3.0% |
| Land and buildings22 | - | - | - | €154,781 | €142,097 | €133,420 | €130,938 | €128,456 | ▼ 1.9% |
| Furniture and vehicles24 | - | - | - | €5,391 | €3,497 | €3,095 | €2,411 | €947 | ▼ 60.7% |
| Financial fixed assets28 | €1,335 | €1,335 | €1,335 | €1,335 | €1,335 | €1,335 | €1,335 | €1,335 | = |
| Current assets29/58 | €225,873 | €231,955 | €262,378 | €265,315 | €234,628 | €230,064 | €232,351 | €231,867 | ▼ 0.2% |
| Stocks and contracts in progress3 | €133,604 | €120,713 | €105,789 | €128,971 | €147,709 | €128,418 | €128,974 | €126,664 | ▼ 1.8% |
| Stocks30/36 | - | - | - | €128,971 | €147,709 | €128,418 | €128,974 | €126,664 | ▼ 1.8% |
| Amounts receivable within one year40/41 | €6,392 | €4,679 | €1,445 | €4,666 | €5,139 | €4,407 | €1,844 | €7,308 | ▲ 296% |
| Trade receivables40 | - | - | - | €4,568 | €5,139 | €4,407 | €1,844 | €7,308 | ▲ 296% |
| Other amounts receivable41 | - | - | - | €98 | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €84,719 | €101,697 | €150,145 | €125,837 | €75,885 | €91,148 | €94,110 | €97,047 | ▲ 3.1% |
| Deferred charges and accrued income490/1 | - | - | - | €5,840 | €5,895 | €6,090 | €7,422 | €849 | ▼ 88.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €429,053 | €417,700 | €438,095 | €426,822 | €381,558 | €367,915 | €367,035 | €362,605 | ▼ 1.2% |
| Equity10/15 | €381,730 | €379,519 | €393,935 | €385,826 | €365,662 | €354,622 | €349,646 | €342,903 | ▼ 1.9% |
| Contributions10/11 | €463,561 | - | - | €463,561 | €463,561 | €463,561 | €463,561 | €463,561 | = |
| Reserves13 | €18,465 | €18,465 | €12,425 | €9,529 | €9,529 | €9,529 | €9,529 | €9,529 | = |
| Tax-exempt reserves132 | - | - | - | €0 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €9,529 | €9,529 | €9,529 | €9,529 | €9,529 | = |
| Profit (loss) carried forward14 | -€100,295 | -€102,506 | -€82,051 | -€87,264 | -€107,428 | -€118,468 | -€123,444 | -€130,187 | ▼ 5.5% |
| Amounts payable17/49 | €47,322 | €38,181 | €44,160 | €40,995 | €15,896 | €13,292 | €17,389 | €19,703 | ▲ 13.3% |
| Amounts payable after more than one year17 | €31,128 | €23,889 | €16,711 | €9,377 | €1,883 | €0 | - | - | - |
| Financial debts170/4 | - | - | - | €9,377 | €1,883 | €0 | - | - | - |
| Amounts payable within one year42/48 | €15,555 | €13,652 | €26,809 | €30,875 | €13,726 | €13,047 | €17,115 | €19,703 | ▲ 15.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €12,917 | €7,494 | €3,377 | €0 | - | - |
| Trade debts44 | €2,100 | €1,519 | €12,101 | €13,250 | €3,981 | €3,072 | €7,369 | €2,361 | ▼ 68.0% |
| Suppliers440/4 | - | - | - | €13,250 | €3,981 | €3,072 | €7,369 | €2,361 | ▼ 68.0% |
| Taxes, remuneration and social security45 | - | - | - | €4,708 | €2,251 | €6,597 | €9,746 | €17,342 | ▲ 77.9% |
| Taxes450/3 | - | - | - | €2,744 | €1,346 | €1,295 | €651 | €2,901 | ▲ 345% |
| Remuneration and social security454/9 | - | - | - | €1,964 | €904 | €5,302 | €9,095 | €14,441 | ▲ 58.8% |
| Accrued charges and deferred income492/3 | - | - | - | €743 | €287 | €246 | €274 | €0 | ▼ 100% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€40,623 | -€2,211 | €14,416 | -€8,108 | -€20,164 | -€11,040 | -€4,976 | -€6,744 | ▼ 35.5% |
| + Depreciation and write-downs630 | €21,903 | €21,156 | €16,069 | €15,065 | €14,577 | €10,366 | €4,322 | €3,947 | ▼ 8.7% |
| Operating cash flow (approximation) | -€18,720 | €18,945 | €30,484 | €6,956 | -€5,587 | -€674 | -€654 | -€2,797 | ▼ 328% |
| Investment in fixed assets (approximation) | - | -€3,722 | -€6,040 | -€855 | €0 | -€1,286 | -€1,156 | €0 | - |
| Change in cash | - | €16,978 | €48,448 | -€24,307 | -€49,952 | €15,263 | €2,962 | €2,936 | ▼ 0.9% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 12,322 companies had the same profile as TEBA has now. Two years later, 90.3% were still going and 0.7% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TEBA itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 12,322 companies, not a prediction for TEBA. 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.
Latest 10 of 30 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 10-09-2026 | 2026-00510803 | |
| 31-03-2025 | micro format | 07-10-2025 | 2025-00537037 | |
| 31-03-2024 | micro format | 15-10-2024 | 2024-00507951 | |
| 31-03-2023 | micro format | 13-10-2023 | 2023-00486365 | |
| 31-03-2022 | micro format | 14-10-2022 | 2022-20461721 | |
| 31-03-2021 | micro format | 13-10-2021 | 2021-71900101 | |
| 31-03-2020 | micro format | 22-10-2020 | 2020-62700058 | |
| 31-03-2019 | micro format | 01-10-2019 | 2019-68600354 | |
| 31-03-2018 | micro format | 16-10-2018 | 2018-69400540 | |
| 31-03-2017 | micro format | 03-10-2017 | 2017-66000210 |
Board & ownership
Directors
Owners and capital
Owners
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| BAUS BART |
|
| BAUS Elza |
|
Network & group
TEBA shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of TEBA. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
19-12
Gazette deed
Resignation: BAUS Elza (director)Director discharge3 points ▸
- General meeting, 26-09-2025
- Director resignation, BAUS Elza (director)
- Director discharge, BAUS Elza
08-12
Gazette deed
Purpose · Amendment of the articles · Legal-form change · Resignations & appointmentsCapital conversion · Purpose change · Board composition7 points ▸
- General meeting, “buitengewone algemene vergadering” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “omvorming, met mogelijkheid deze uit te keren met inachtneming van de artikelen 5:142 en 5:143 WVV” (deed in Dutch)
- Purpose change
- Other provision, “kennisname verslag bestuursorgaan over voorgestelde voorwerpwijziging, voorlezing door voorzitter” (deed in Dutch)
- Board composition, BAUS Bart (director (not named in the articles))
- Board composition, BAUS Elza (director (not named in the articles))
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71022H0140/00W000 | Flanders | 246 m² | 1 · 206 m² | 13.8 m · 4 |
| 71053H0599/00C000 | Flanders | 106 m² | 1 · 106 m² | 12.5 m · 3 |