TECO
ActiveSummary
The computed 12-month bankruptcy probability of TECO is 2.7% (moderate). For TECO, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €22,379 and a net result of €18,353. Its solvency ranks better than 73% of 26041 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability100▲+24
Solvency85▲+44
Growth78
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
59.9%
Return on assets
49.1%
Age of the figures
30 mo
raises risk · Annual accounts not filed
The financial year that closed on 31-03-2025 was due at the National Bank by 31-10-2025. Nothing is on record, 330 days later.
NBB · 2 filingsPosition against the passed deadline
31-03-2025 close31-10-2025 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 25-10-2024, 6 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
6 d early
2023
4 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 5 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator 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 What other support did companies like this one receive, and it did not?Subsidy mirror 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 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€22,379▲ 456%
2023 · €4,026
Total assets
€37,384▲ 49.0%
2023 · €25,082
Net result
€18,353▲ 1,103%
2023 · €1,526
Working capital
€12,311
2023 · -€4,203
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
Line20232024
Operating result€2,474-€24,924▲ 907%
Net result€1,526-€18,353▲ 1,103%
Equity€4,026-€22,379▲ 456%
Total assets€25,082-€37,384▲ 49.0%
Debt€21,057-€15,005▼ 28.7%
Working capital-€4,203-€12,311
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 907% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €36,775
Fixed assets
€11,008 ▼ 18.6%
Current assets
€25,767 ▲ 139%
Equity and liabilities €37,384
Equity
€22,379 ▲ 456%
Debt
€15,005 ▼ 28.7%
Debt's share of the balance-sheet total falls from 84.0% to 40.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€30,188▲
2023 · €3,610
Cash flow
€23,618▲
2023 · €2,661
Current ratio
1.91▲
2023 · 0.72
Quick ratio
1.43▲
2023 · 0.61
Debt to equity
0.67▼
2023 · 5.23
ROE
82.0%▲
2023 · 37.9%
ROA
49.1%▲
2023 · 6.1%
Interest coverage
48.63▲
2023 · 11.60
Debt ≤ 1 year
€13,455▼
2023 · €14,996
Debt > 1 year
€1,550▼
2023 · €6,061
Income taxes
€5,951▲
2023 · €637
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,136 | €5,264 | ▲ 364% |
| Other operating charges640/8 | €657 | €2,084 | ▲ 217% |
| Gross operating margin9900 | €4,267 | €32,272 | ▲ 656% |
| Operating profit (loss)9901 | €2,474 | €24,924 | ▲ 907% |
| Financial income75/76B | - | €1 | - |
| Recurring financial income75 | - | €1 | - |
| Financial charges65/66B | €311 | €621 | ▲ 99.6% |
| Recurring financial charges65 | €311 | €621 | ▲ 99.6% |
| Profit (loss) for the period before taxes9903 | €2,163 | €24,304 | ▲ 1,024% |
| Income taxes67/77 | €637 | €5,951 | ▲ 834% |
| Profit (loss) for the period9904 | €1,526 | €18,353 | ▲ 1,103% |
| Profit (loss) for the period to be appropriated9905 | €1,526 | €18,353 | ▲ 1,103% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €25,082 | €37,384 | ▲ 49.0% |
| Formation expenses20 | €772 | €609 | ▼ 21.1% |
| Fixed assets21/28 | €13,517 | €11,008 | ▼ 18.6% |
| Tangible fixed assets22/27 | €13,517 | €11,008 | ▼ 18.6% |
| Furniture and vehicles24 | €13,517 | €9,405 | ▼ 30.4% |
| Other tangible fixed assets26 | - | €1,603 | - |
| Current assets29/58 | €10,793 | €25,767 | ▲ 139% |
| Stocks and contracts in progress3 | €1,576 | €6,527 | ▲ 314% |
| Stocks30/36 | €1,576 | €6,527 | ▲ 314% |
| Amounts receivable within one year40/41 | €8,462 | €3,708 | ▼ 56.2% |
| Trade receivables40 | €7,064 | €2,167 | ▼ 69.3% |
| Other amounts receivable41 | €1,398 | €1,541 | ▲ 10.2% |
| Cash at bank and in hand54/58 | €723 | €14,700 | ▲ 1,933% |
| Deferred charges and accrued income490/1 | €31 | €832 | ▲ 2,543% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €25,082 | €37,384 | ▲ 49.0% |
| Equity10/15 | €4,026 | €22,379 | ▲ 456% |
| Contributions10/11 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €1,526 | €19,879 | ▲ 1,203% |
| Amounts payable17/49 | €21,057 | €15,005 | ▼ 28.7% |
| Amounts payable after more than one year17 | €6,061 | €1,550 | ▼ 74.4% |
| Financial debts170/4 | €6,061 | €1,550 | ▼ 74.4% |
| Amounts payable within one year42/48 | €14,996 | €13,455 | ▼ 10.3% |
| Current portion of amounts payable after more than one year42 | €4,310 | €4,511 | ▲ 4.7% |
| Trade debts44 | €906 | €276 | ▼ 69.5% |
| Suppliers440/4 | €906 | €276 | ▼ 69.5% |
| Taxes, remuneration and social security45 | €2,753 | €8,668 | ▲ 215% |
| Taxes450/3 | €2,753 | €8,668 | ▲ 215% |
| Other amounts payable47/48 | €7,027 | - | - |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €1,526 | €18,353 | ▲ 1,103% |
| + Depreciation and write-downs630 | €1,136 | €5,264 | ▲ 364% |
| Operating cash flow (approximation) | €2,661 | €23,618 | ▲ 787% |
| Investment in fixed assets (approximation) | - | -€2,755 | - |
| Change in cash | - | €13,977 | - |
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
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Liquidity triplescurrent ratio 1.91
Current ratio from 0.72 to 1.91; short-term debt falls from €14,996 to €13,455.
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Deerlijk · 1 establishment unit since 2022
Ground area
1,836 m²
Building footprint
265 m²
Volume, LiDAR
1,319 m³
Parcel 34392D0640/00E000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Teco Home
since 20222.338.252.997
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34392D0640/00E000 | Flanders | 1,836 m² | 1 · 265 m² | 8.2 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 918 EUR awarded · 918 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 918 EUR |
| 2023 | 1 | 918 EUR | 0 EUR |
Similar companies · same sector, comparable size
TAPIJTEN VANRAES
BE 0447.433.185
Blankenberge · Eq €22,204
CITED
BE 0896.938.016
Elsene · Eq €22,036
M.B.M. INTERIORS
BE 0892.542.926
Sint-Pieters-Woluwe · Eq €22,839
EXTREME - TEAM APPLICATION
BE 0480.023.405
Charleroi · Eq €22,841
NORIN
BE 0754.512.520
Moorslede · Eq €21,918
Of 531 companies in sector 47530 we hold annual accounts for 323. 199 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
Founded24-11-2022
Fiscal year end31-03
Activities, NACEBEL 2025
47530Retail trade
62100Computer programming
62200Computer consultancy and computer facilities management
73300Public relations and communication consultancy
Contact
Website
www.teco-home.com
Scores and ratios are computed by Checked and are not a credit decision.