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TEG EU

Active Risk: not assessed
Public limited companyfounded 20223 yrs activePoortakkerstraat 93, 9051 Gent, BelgiumKBO/BCE: BE 0794.376.946
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 3243 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 filings
Deviation 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)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

TEG EU was incorporated on 5 December 2022 as a Public limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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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
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

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
€0€1.0m€2.0mOperating result 2024: €216,507€216,507Net result 2024: €15,104€15,104Operating result 2025: €26,812€26,812Net result 2025: €2.2m€2.2m20242025€0€1m€2mOperating result 2024: €216,507€217,000Net result 2024: €15,104€15,100Operating result 2025: €26,812€26,800Net result 2025: €2.2m€2.2m20242025
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
2025 value · change against 2024
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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€13.2m€12.3m▼
Fixed assets21/28€12.2m€12.2m▼
Financial fixed assets28€12.2m€12.2m▼
Current assets29/58€985,781€116,060▼
Amounts receivable within one year40/41€945,169€114,502▼
Trade receivables40€28,444€114,441▲
Other amounts receivable41€916,725€61▼
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▼
Equity10/15€1.9m€4.0m▲
Contributions10/11€1.9m€1.9m=
Capital10€1.9m€1.9m=
Issued capital100€1.9m€1.9m=
Reserves13€15,104€2.2m▲
Non-distributable reserves130/1€15,104€125,104▲
Legal reserve130€15,104€125,104▲
Distributable reserves133-€2.1m
Amounts payable17/49€11.3m€8.2m▼
Amounts payable after more than one year17€7.6m€5.8m▼
Financial debts170/4€7.6m€5.8m▼
Amounts payable within one year42/48€3.4m€2.4m▼
Current portion of amounts payable after more than one year42€989,571€989,571=
Trade debts44€207,290€107,062▼
Suppliers440/4€207,290€107,062▼
Taxes, remuneration and social security45-€10,759
Taxes450/3-€10,759
Other amounts payable47/48€2.2m€1.3m▼
Accrued charges and deferred income492/3€315,737€57,373▼
Income statement Code20242025
Other operating charges640/8€1,246€1,378▲
Gross operating margin9900€217,753€28,190▼
Operating profit (loss)9901€216,507€26,812▼
Financial income75/76B€637,344€2.8m▲
Recurring financial income75€637,344€2.8m▲
Financial charges65/66B€838,747€646,528▼
Recurring financial charges65€838,747€646,528▼
Profit (loss) for the period before taxes9903€15,104€2.2m▲
Profit (loss) for the period9904€15,104€2.2m▲
Profit (loss) for the period to be appropriated9905€15,104€2.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906€15,104€2.2m▲
Transfer to equity691/2€15,104€2.2m▲
To the legal reserve6920€15,104€110,000▲
To other reserves6921-€2.1m

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
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%
Line20242025Change
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%
Line20242025Change
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.

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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 ▸
  • 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
seat establishment The establishment unit on the map
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
Poortakkerstraat 93, 9051 GentHoldings
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
Show
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
MGBV
  • Day-to-day manager, until 22-02-2026
See the board, name and seat on a given date →

Structure & network

Owners and holdings

1 owner

Chain of control

  1. AIM 98%
  2. TEG EU

Highest known parent: AIM. The sources do not say who stands above it.

Owners 1

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.

Similar companies · same sector, comparable size

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 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.