Gross margin from €103,922 to €49,727Loss of €45,073Registered office moved within Leuven11-03Equity from -€8,924 to -€53,996Debts from €149,726 to €293,522Investments €49,838
Lower net result than 95% of companies in head offices and management consultancy. Sector median €26,448 · 41,229 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 7,654 companies had the same profile as TECside has now. Each dot stands for 20 companies, two years later.
84.6%
were still trading
5.8%
stopped another way
8.8%
went bankrupt
Micro
2 to 5 years old
negative equity
a loss of 10% of the balance sheet or more
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
The companies in ten equal groups, from the lowest to the 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%
0.9%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
2.9%
3.1%
10
5.6%
6.1%
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 7,654 companies, not a prediction for TECside. 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.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0795233912
Registered office moved within Leuven
New registered office: Kolonel Begaultlaan 11, 3012 Leuven · Previous registered office: Wijgmaalsesteenweg 36D, 3012 Leuven · General meeting of 01-01-2025 · Gazette deed
Incorporation
Founding capital of €100, 10 shares · Founder: Name after signing inVisible after signing in · Appointment: Name hiddenVisible after signing in (director) · published on 27-12-2022 · Gazette deed
First establishment
LED creaties, Kolonel Begaultlaan 11, Leuven
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as TECside: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €198,000 and €287,000, founded between 2022 and 2023.
The company number of TECside is 0795.233.912. The VAT number is the same number with BE in front: BE 0795.233.912.
Where is TECside based?
The registered office is at Kolonel Begaultlaan 11, 3012 Leuven.Company details
What does TECside do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of TECside?
TECside is a private limited company (BV).
When was TECside founded?
TECside was founded on 22-12-2022.
Is TECside still active?
Yes, TECside is an active enterprise in the KBO register.
How many employees does TECside have?
TECside had an average of 2.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of TECside?
The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €49,727 and 144 comparable companies (NACE 70200). It probably lies between €87,000 and €200,000.
Is TECside profitable?
In financial year 2025, TECside made a loss of €45,073.
Where can I find the annual accounts of TECside?
TECside filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TECside due?
TECside must file the annual accounts for financial year 2026 by 31-07-2027.Timeline