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TECside

Active Private limited companyfounded 2022active for 3 yearsKolonel Begaultlaan 11, 3012 LeuvenKBO/BCE: BE 0795.233.912

Lifetime

3 annual accounts with figures on one time axis
peak €103,922 (2024)
€49,727▼ 52.1%
lowest -€45,073 (2025)
-€45,073▼ €52,753
peak -€8,924 (2024)
-€53,996▼ €45,073
€293,522▲ 96.0%
Board1 name since 2022
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €103,922 to €49,727Loss of €45,073Registered office moved within Leuven 11-03Equity from -€8,924 to -€53,996Debts from €149,726 to €293,522Investments €49,838

Key points

from the 2025 annual accounts

Equity

-€53,996
202320242025

Debts exceed assets in financial year 2025.

Result

-€45,073 -€45,073
€7,6802024-€45,1002025

From profit to loss in 2025, after a profit of €7,680 in 2024.

Debts

€293,522 123% of the balance sheet
Financial debts 55%Suppliers 23%Taxes and wages 20%Other 3%

Of this, €233,322 falls due within a year.

Investments

€32,548 3.2 × depreciation
202320242025

Green is investment, beige is depreciation. Machinery stands 181.8% higher than in 2024.

Filings

3 annual accounts 3 late
AprilJune31 JulyOctober202320242025

The 2025 accounts came latest: 31 days after the end of the period.

Position in the sector

-€45,073

Lower net result than 95% of companies in head offices and management consultancy. Sector median €26,448 · 41,229 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • 10 sharesdeed of 27-12-2022
Board & ownership

Recent changes

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: · Appointment: (director) · published on 27-12-2022 · Gazette deed
First establishment LED creaties, Kolonel Begaultlaan 11, Leuven
All 9 events

Comparable companies

same main activity, similar in size and age
Company
TECside Leuven €239,525 €49,727 -22.5% -
STINUS PROJECTS Rotselaar €268,554 €52,114 67.1% -
ML Angelino Dilbeek €220,421 €52,558 40.2% -
Glenn Bruyninckx Bekkevoort €286,733 €48,731 22.2% -
Management JB Glabbeek €286,527 €47,302 19.6% -
Exsilio Hoegaarden €197,538 €49,486 1.3% -
Bulsmann Rotselaar €245,583 €54,653 43.2% -

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.

Official details

Source: KBO
Status
Active since 22-12-2022Normal situation
Activity
Business and other management consultancyNACE 70200and 2 others
Establishment unit
2.340.875.7593012 Leuven, since 22-12-2022
Financial year end
31 December
Peppol
Reachable since 27-11-2025
Company details

Annual accounts 2025

≈ €140,000estimated
€239,525▲ 70.1%
≈ 1.2 FTEestimated
Filing
Filed on 31-08-2026
Financials

Insights on TECside

TECside files the micro format. That format states no turnover. The gross margin rose from €45,919 in 2023 to €49,727 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about TECside

What is the company number of TECside?
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

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