TEC - DOOR
ActiveSummary
The computed 12-month bankruptcy probability of TEC - DOOR is 1.8% (moderate). The 2025 annual accounts show equity of €3,646 and a net result of €11,468. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 28184 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency56▲+56
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 10 filingsDeviation from the deadline
2025
25 d late
2024
22 d late
2023
104 d late
2022
31 d late
2021
31 d late
2020
30 d late
2019
47 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 41 days after 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€3,646
2024 · -€7,822
Total assets
€11,750▲ 194%
2024 · €3,994
Net result
€11,468
2024 · -€8,492
Working capital
-€6,653▲ 12.7%
2024 · -€7,618
Trend over the years
Click a name to add, emphasise or remove a line.Band: 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.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€324▼ 98.5%-€7,845€8,586-€6,308€15,556
Net result-€2,362below the sector's middle half-€9,456below the sector's middle half▼ 300%€5,730within the sector's middle half-€8,492below the sector's middle half€11,468within the sector's middle half
Equity€4,396below the sector's middle half▼ 35.0%-€5,060below the sector's middle half€670below the sector's middle half-€7,822below the sector's middle half€3,646below the sector's middle half
Total assets€81,948within the sector's middle half▲ 140%€58,782below the sector's middle half▼ 28.3%€59,836below the sector's middle half▲ 1.8%€3,994below the sector's middle half▼ 93.3%€11,750below the sector's middle half▲ 194%
Debt€59,373▲ 117%€46,627▼ 21.5%€42,850▼ 8.1%€11,816▼ 72.4%€8,104▼ 31.4%
Working capital-€41,623▼ 210%-€42,037▼ 1.0%-€30,732▲ 26.9%-€7,618▲ 75.2%-€6,653▲ 12.7%
Solvency5.4%below the sector's middle half▼ 14.5pp-8.6%below the sector's middle half▼ 14.0pp1.1%below the sector's middle half▲ 9.7pp31.0%within the sector's middle half
above
within
below
the 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 micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €15,556 after a loss of €6,308 in 2024, the highest result in the available series.
Balance-sheet composition
Assets €11,750
Fixed assets
€10,479
Current assets
€1,271
Equity and liabilities €11,750
Equity
€3,646
Debt
€8,104
Debt finances 69.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€17,415
Cash flow
€13,326
Current ratio
0.16
Debt to equity
2.22
ROE
314.6%
ROA
97.6%
Interest coverage
22.18
Debt ≤ 1 year
€7,924▼
2024 · €11,612
Income taxes
€3,303▲
2024 · €140
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.8% 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 497,058 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% | 1.6% |
| 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 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 34,672 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €3,269 | €1,154 | €6,069 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,018 | €9,926 | €6,664 | - | €1,859 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €2,206 | - | - | - | - | - |
| Other operating charges640/8 | €1,183 | - | €1,270 | €320 | €1,163 | ▲ 264% |
| Non-recurring operating charges66A | - | - | - | €12,465 | - | - |
| Gross operating margin9900 | €11,731 | €2,081 | €16,520 | €6,477 | €18,578 | ▲ 187% |
| Operating profit (loss)9901 | €324 | -€7,845 | €8,586 | -€6,308 | €15,556 | ▲ 347% |
| Financial income75/76B | - | - | - | - | €0 | - |
| Recurring financial income75 | - | - | - | - | €0 | - |
| Financial charges65/66B | €1,530 | €1,207 | €814 | €2,044 | €785 | ▼ 61.6% |
| Recurring financial charges65 | €1,530 | €1,207 | €814 | €2,044 | €785 | ▼ 61.6% |
| Profit (loss) for the period before taxes9903 | -€1,206 | -€9,052 | €7,772 | -€8,352 | €14,771 | ▲ 277% |
| Income taxes67/77 | €1,156 | €404 | €2,042 | €140 | €3,303 | ▲ 2,268% |
| Profit (loss) for the period9904 | -€2,362 | -€9,456 | €5,730 | -€8,492 | €11,468 | ▲ 235% |
| Profit (loss) for the period to be appropriated9905 | -€2,362 | -€9,456 | €5,730 | -€8,492 | €11,468 | ▲ 235% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €81,948 | €58,782 | €59,836 | €3,994 | €11,750 | ▲ 194% |
| Fixed assets21/28 | €64,308 | €54,382 | €47,718 | - | €10,479 | - |
| Tangible fixed assets22/27 | €64,018 | €54,092 | €47,428 | - | €10,479 | - |
| Land and buildings22 | €51,767 | €49,597 | €47,428 | - | - | - |
| Furniture and vehicles24 | €12,251 | €4,495 | - | - | €10,479 | - |
| Financial fixed assets28 | €290 | €290 | €290 | - | - | - |
| Current assets29/58 | €17,640 | €4,400 | €12,118 | €3,994 | €1,271 | ▼ 68.2% |
| Amounts receivable within one year40/41 | €17,640 | €4,172 | €12,118 | €3,994 | €912 | ▼ 77.2% |
| Trade receivables40 | €17,640 | €600 | €8,527 | - | €53 | - |
| Other amounts receivable41 | - | €3,572 | €3,591 | €3,994 | €859 | ▼ 78.5% |
| Deferred charges and accrued income490/1 | - | €228 | - | - | €359 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €81,948 | €58,782 | €59,836 | €3,994 | €11,750 | ▲ 194% |
| Equity10/15 | €4,396 | -€5,060 | €670 | -€7,822 | €3,646 | ▲ 147% |
| Contributions10/11 | €7,000 | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Reserves13 | €50 | €50 | €50 | €50 | €50 | = |
| Non-distributable reserves130/1 | €50 | €50 | €50 | €50 | €50 | = |
| Reserves not available under the articles1311 | €50 | €50 | €50 | €50 | €50 | = |
| Profit (loss) carried forward14 | -€2,654 | -€12,110 | -€6,380 | -€14,872 | -€3,405 | ▲ 77.1% |
| Provisions and deferred taxes16 | €18,180 | €17,216 | €16,316 | - | - | - |
| Provisions for liabilities and charges160/5 | €18,180 | €17,216 | €16,316 | - | - | - |
| Other liabilities and charges164/5 | €18,180 | €17,216 | €16,316 | - | - | - |
| Amounts payable17/49 | €59,373 | €46,627 | €42,850 | €11,816 | €8,104 | ▼ 31.4% |
| Amounts payable within one year42/48 | €59,263 | €46,437 | €42,850 | €11,612 | €7,924 | ▼ 31.8% |
| Financial debts43 | €4,995 | €4,998 | €4,305 | €4,809 | €4,621 | ▼ 3.9% |
| Credit institutions430/8 | €4,995 | €4,998 | €4,305 | €4,809 | €4,621 | ▼ 3.9% |
| Trade debts44 | €3,848 | €2,416 | €1,452 | €3 | - | - |
| Suppliers440/4 | €3,848 | €2,416 | €1,452 | €3 | - | - |
| Advances received on contracts in progress46 | - | - | €10,671 | - | - | - |
| Taxes, remuneration and social security45 | €2,279 | €6,302 | €13,860 | €2,182 | €3,303 | ▲ 51.4% |
| Taxes450/3 | €2,279 | €6,302 | €13,860 | €2,182 | €3,303 | ▲ 51.4% |
| Other amounts payable47/48 | €48,141 | €32,721 | €12,562 | €4,617 | - | - |
| Accrued charges and deferred income492/3 | €110 | €190 | - | €204 | €180 | ▼ 11.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,362 | -€9,456 | €5,730 | -€8,492 | €11,468 | ▲ 235% |
| + Depreciation and write-downs630 | €8,018 | €9,926 | €6,664 | - | €1,859 | - |
| Operating cash flow (approximation) | €5,656 | €470 | €12,394 | -€8,492 | €13,326 | ▲ 257% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Back to profitnet €11,468
Net result €11,468 after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
12-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 104 days late
2023
31-12
Financial
Back to profitnet €5,730
Net result €5,730 after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet -€9,456
Net result drops to -€9,456, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €18,534
Net result €18,534 after 2 loss-making years.
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 47 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Brussel · 1 establishment unit since 2015
Ground area
4,098 m²
Building footprint
2,292 m²
Volume, LiDAR
19,107 m³
2 parcels, Brussels, Wallonia · tallest building 27.7 m, ±8 floors. Linked by address, not a title deed.
471
companies at this address
See who is registered here
1 establishment unit
TEC-Door
since 20152.245.268.601
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62412C0007/00V004 | Wallonia | 3,428 m² | 1 · 1,804 m² | 6.4 m · 2 fl. |
| 21808H1778/00D000 | Brussels | 670 m² | 1 · 488 m² | 27.7 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,138. 2,450 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 (pre-2019)
Founded21-08-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
46831Wholesale of construction materials, general range
46832Wholesale of timber
47521Retail sale of hardware, building materials, paint and glass (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0635702069
Also
9925:BE0635702069
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.