Summary
TEG EU has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €4.0m and a net result of €2.2m. Its solvency ranks better than 33% of 3241 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
28 d early
2024
2 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 15 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2.2m▲ 14,217%
2024 · €15,104
Working capital
-€2.3m▲ 5.8%
2024 · -€2.4m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
Line20242025
Operating result€216,507-€26,812▼ 87.6%
Net result€15,104within the sector's middle half-€2.2mabove the sector's middle half▲ 14,217%
Equity€1.9mabove the sector's middle half-€4.0mwithin the sector's middle half▲ 115%
Total assets€13.2mabove the sector's middle half-€12.3mabove the sector's middle half▼ 6.7%
Debt€11.3m-€8.2m▼ 27.0%
Working capital-€2.4mbelow the sector's middle half--€2.3mbelow the sector's middle half▲ 5.8%
Solvency14.3%below the sector's middle half-32.9%within the sector's middle half▲ 18.6pp
Current ratio0.29below the sector's middle half-0.05below the sector's middle half▼ 0.24
Return on assets (ROA)0.1%below the sector's middle half-17.6%above the sector's middle half▲ 17.5pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2025 Net result +14,217% on 2024. This fiscal year ran 15 months. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 88% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.3m
Fixed assets
€12.2m ▼ 0.1%
Current assets
€116,060 ▼ 88.2%
Equity and liabilities €12.3m
Equity
€4.0m ▲ 115%
Debt
€8.2m ▼ 27.0%
Debt's share of the balance-sheet total falls from 85.7% to 67.1%. Equity is higher and debt is lower.
Key figures and ratios
ROE
53.5%▲
2024 · 0.8%
Debt ≤ 1 year
€2.4m▼
2024 · €3.4m
Debt > 1 year
€5.8m▼
2024 · €7.6m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Other operating charges640/8 | €1,246 | €1,378 | ▲ 10.6% |
| Gross operating margin9900 | €217,753 | €28,190 | ▼ 87.1% |
| Operating profit (loss)9901 | €216,507 | €26,812 | ▼ 87.6% |
| Financial income75/76B | €637,344 | €2.8m | ▲ 337% |
| Recurring financial income75 | €637,344 | €2.8m | ▲ 337% |
| Financial charges65/66B | €838,747 | €646,528 | ▼ 22.9% |
| Recurring financial charges65 | €838,747 | €646,528 | ▼ 22.9% |
| Profit (loss) for the period before taxes9903 | €15,104 | €2.2m | ▲ 14,217% |
| Profit (loss) for the period9904 | €15,104 | €2.2m | ▲ 14,217% |
| Profit (loss) for the period to be appropriated9905 | €15,104 | €2.2m | ▲ 14,217% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €13.2m | €12.3m | ▼ 6.7% |
| Fixed assets21/28 | €12.2m | €12.2m | ▼ 0.1% |
| Financial fixed assets28 | €12.2m | €12.2m | ▼ 0.1% |
| Current assets29/58 | €985,781 | €116,060 | ▼ 88.2% |
| Amounts receivable within one year40/41 | €945,169 | €114,502 | ▼ 87.9% |
| Trade receivables40 | €28,444 | €114,441 | ▲ 302% |
| Other amounts receivable41 | €916,725 | €61 | ▼ 100.0% |
| Current investments50/53 | €22,953 | - | - |
| Cash at bank and in hand54/58 | - | €1,559 | - |
| Deferred charges and accrued income490/1 | €17,659 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €13.2m | €12.3m | ▼ 6.7% |
| Equity10/15 | €1.9m | €4.0m | ▲ 115% |
| Contributions10/11 | €1.9m | €1.9m | = |
| Capital10 | €1.9m | €1.9m | = |
| Issued capital100 | €1.9m | €1.9m | = |
| Reserves13 | €15,104 | €2.2m | ▲ 14,317% |
| Non-distributable reserves130/1 | €15,104 | €125,104 | ▲ 728% |
| Legal reserve130 | €15,104 | €125,104 | ▲ 728% |
| Distributable reserves133 | - | €2.1m | - |
| Amounts payable17/49 | €11.3m | €8.2m | ▼ 27.0% |
| Amounts payable after more than one year17 | €7.6m | €5.8m | ▼ 23.5% |
| Financial debts170/4 | €7.6m | €5.8m | ▼ 23.5% |
| Amounts payable within one year42/48 | €3.4m | €2.4m | ▼ 29.7% |
| Current portion of amounts payable after more than one year42 | €989,571 | €989,571 | = |
| Trade debts44 | €207,290 | €107,062 | ▼ 48.4% |
| Suppliers440/4 | €207,290 | €107,062 | ▼ 48.4% |
| Taxes, remuneration and social security45 | - | €10,759 | - |
| Taxes450/3 | - | €10,759 | - |
| Other amounts payable47/48 | €2.2m | €1.3m | ▼ 41.9% |
| Accrued charges and deferred income492/3 | €315,737 | €57,373 | ▼ 81.8% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €15,104 | €2.2m | ▲ 14,217% |
| Operating cash flow (approximation) | €15,104 | €2.2m | ▲ 14,217% |
| Investment in fixed assets (approximation) | - | €13,514 | - |
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
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
23-03
State Gazette act
Resignation: MGBV (day-to-day manager)Permanent representatives: Maarten Grauwels and Dieter Aelvoet4 facts ▸
State Gazette act
Resignation: MGBV (day-to-day manager)
Permanent representatives: Maarten Grauwels and Dieter Aelvoet4 facts ▸
- Board meeting, 22/02/2026
- Director resignation, MGBV (day-to-day manager)
- Permanent representative, Maarten Grauwels
- Permanent representative, Dieter Aelvoet
2025
31-12
Financial
Equity above €2mEq €4.0m ▲115%
2 profitable years in a row build equity to €4.0m.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2022
Ground area
2,147 m²
Building footprint
79 m²
Volume, LiDAR
137 m³
Parcel 44062A0120/00E000, Flanders · tallest building 3.1 m, ±1 floor. Linked by address, not a title deed.
50
companies at this address
See who is registered here
1 establishment unit
DDE Group
since 20222.345.004.593
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062A0120/00E000 | Flanders | 2,147 m² | 1 · 79 m² | 3.1 m · 1 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.
Mandate history
1 person since 2026, 0 in office
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| MGBV |
|
Structure & network
Owners and holdings
1 ownerOwners 1
- AIMparentSourceaccounts AIM 31-03-202598%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 13,057 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded05-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0794376946
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.