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TEETH & ART

Active Private limited company (pre-2019)founded 2002active for 23 yearsKasteeldreef 102, 2970 SchildeKBO/BCE: BE 0479.080.525

Lifetime

14 annual accounts with figures on one time axis, 20 filings since 2003
peak €278,509 (2024)
€278,509▲ 3.1%
lowest -€21,761 (2020)
-€9,216▼ €8,558
peak €41,213 (2019)
€11,286▼ 45.0%
€357,670▼ 12.2%
peak 2 FTE (2020)
-not published
Board1 name since 2002
1 directorVan Rompaey Serge Louis
Documentsfilings and deeds
31-08-202531 days late
2024micro format
Loss of €9,216Equity from €20,502 to €11,286Cash from €6,929 to €12,106

Key points

from the 2024 annual accounts

Losses

-€9,874 in two years
-6582023-9,2162024

The 2023 and 2024 financial years closed with a loss. 2024 was the heaviest.

Turnover

≈ €560,000 estimated

The micro format states no turnover.

Debts

€357,670 97% of the balance sheet
Financial debts 51%Suppliers 24%Taxes and wages 9%Other 16%

Of this, €175,960 falls due within a year.

Staff

3 employees on 31-12-2024
012021522022102023022024

In 2024, nobody joined and 2 people left.

Filings

20 annual accounts 102 days past the deadline
AprilJune31 JulyOctober20102020

2025 accounts not filed: deadline was 31-07-2026.

Position in the sector

-€9,216

Lower net result than 83% of companies in other manufacturing. Sector median €6,507 · 814 companies.

Checked score

52
Fair
Financially stronger than 20% of micro companies in other manufacturing (NACE 32)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 1,141 companies (NACE 32, micro).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024lowest value 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.7%▲ +0.1 percentage points vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025 08-2025: 1.1%▲ +0.3 percentage points vs 07-2025 09-2025: 0.8%▼ -0.3 percentage points vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.7%▼ -0.1 percentage points vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.8%▲ +0.1 percentage points vs 04-2026 06-2026: 0.7%▼ -0.1 percentage points vs 05-2026 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 1.2%▲ +0.4 percentage points vs 07-2026 09-2026: 1.4%▲ +0.2 percentage points vs 08-2026 10-2026: 1.9%▲ +0.5 percentage points vs 09-2026highest value 11-2026: 1.9%● unchanged vs 10-2026highest value

Financial strength
Weak

28-2equity 3.1% of total assets
31-8short-term debt 47.7% · cash 3.3%
39-9return on assets -2.5%

Score breakdown

raises risk
Figures for financial year 2024 (filed on 31-08-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 31 days late; 3 of the last 3 accounts late
lowers risk
Size: total assets €368,956
Founded in 2002
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 32, micro). It does better than 20% of them on solvency, 22% on liquidity, 27% on profitability and 12% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 974 companies had the same profile as TEETH & ART has now. Each dot stands for 3 companies, two years later.

92.9%
were still trading
4.4%
stopped another way
2.3%
went bankrupt
  • Micro
  • 20 years or older
  • solvency under 10%
  • a small loss

Another 0.4% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of TEETH & ART itself: 1.9% within 12 months.

Test of the method

The method was tested on the 497,447 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 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 974 companies, not a prediction for TEETH & ART. 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 of up to €500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity is insufficient, with a current ratio of 0.73 (1.1 in 2023), below 1. Short-term debt is 47.7% and cash 3.3% of total assets. 96.9% of the assets are financed with debt and provisions.

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

Signals

Eight signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 31-08-2025)
NBB · annual accounts
lowers risk · Size: total assets €368,956
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2002
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 31 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€9,216
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 813 sector peers (2024).
NBB · sector comparison
Position among 813 sector peers
Solvency
better than 19%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 31 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
31 days late
2023
31 days late
2022
31 days late
2021
79 days late
2020
31 days late
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 39 days after the deadline. In the sector (NACE 32), the median for financial year 2024 was 2 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VR
Van Rompaey Serge Louis
Director, since 16-12-2002
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0479080525
First establishment Teeth and Art, Kasteeldreef 151, Schilde
Incorporation published on 24-12-2002 · Gazette deed
All 27 events

Comparable companies

same main activity, similar in size and age
Company
TEETH & ART Schilde €368,956 €278,509 3.1% -
HANTOBEL Berlare €405,047 €243,777 53.9% -
PROTHESIA NV DENTAAL BEDRIJF Wijnegem €413,587 €372,375 26.6% 6.6
LABO MASSA Antwerp €360,532 €250,827 70.9% -
P&V Optiek Dendermonde €350,593 €294,765 17.8% -
LABORATOIRE DENTAIRE BRUNO LESSEIGNE Seneffe €288,823 €268,598 63.5% -
OROFORM DENTAL TEAM Begijnendijk €418,311 €212,528 49.4% -

These companies have the same main activity as TEETH & ART: manufacture of medical and dental instruments and supplies (NACE 32500). They are comparable in size and age: total assets between €289,000 and €418,000, founded between 1994 and 2006.

Official details

Source: KBO
Status
Active since 17-12-2002Normal situation
Activity
Manufacture of medical and dental instruments and suppliesNACE 32500
Joint committee
330.03Health institutions and services · annual accounts 2024
Establishment unit
2.123.661.0852970 Schilde, since 19-02-2003
Financial year end
31 December
Peppol
Reachable since 06-09-2026
Company details

Annual accounts 2024

€368,956▼ 13.7%
Employeeson 31-12-2024
3▼ 40.0%
Filing
Filed on 31-08-2025
Financials

Insights on TEETH & ART

TEETH & ART files the micro format. That format states no turnover. The gross margin rose from €4,025 in 2010 to €278,509 in 2024.

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 TEETH & ART

What is the company number of TEETH & ART?
The company number of TEETH & ART is 0479.080.525. The VAT number is the same number with BE in front: BE 0479.080.525.
Where is TEETH & ART based?
The registered office is at Kasteeldreef 102, 2970 Schilde.Company details
What does TEETH & ART do?
According to the KBO register, the main activity is manufacture of medical and dental instruments and supplies (NACE 32500).
What is the legal form of TEETH & ART?
TEETH & ART is a private limited company (pre-2019) (BVBA).
When was TEETH & ART founded?
TEETH & ART was founded on 17-12-2002.
Is TEETH & ART still active?
Yes, TEETH & ART is an active enterprise in the KBO register.
How many employees does TEETH & ART have?
TEETH & ART had an average of 4.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does TEETH & ART fall under?
In its 2024 annual accounts, TEETH & ART states joint committee 330.03 (Health institutions and services).
What is the turnover of TEETH & ART?
The turnover in financial year 2024 is ≈ €560,000. This figure is estimated from the gross margin of €278,509 and 878 comparable companies of the same size. It probably lies between €390,000 and €820,000. It is a rough estimate.
Is TEETH & ART profitable?
In financial year 2024, TEETH & ART made a loss of €9,216.
Where can I find the annual accounts of TEETH & ART?
TEETH & ART filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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