TEGEL CONCEPT
ActiveSummary
TEGEL CONCEPT has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €42,810. Equity has been growing by about 21% per year since 2018. Its solvency ranks better than 55% of 12,812 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Official details
Source: KBO- Status
- Active since 06-11-1992 Normal situation
- Activity
- Retail sale of hardware, building materials, paint and glass (general range) NACE 47521and 3 others
- Joint committees
- 124 Construction
- 201 Independent retail · annual accounts 2021
- Establishment units
- 2.059.632.474 3090 Overijse, since 08-06-1999
- 2.159.073.312 1932 Zaventem, since 01-01-2007and 2 others
- Financial year end
- 31 December
- Peppol
- Reachable since 14-07-2026
Board and ownership
- BIEZONDERDirector · since 04-07-2022 · permanent representative VANPÉE Bie
- Project MaterialsDirector · since 04-07-2022 · permanent representative VANPÉE Benny
- Project Materials55.01%2025 annual accounts of Project Materials
- BIEZONDER44.99%· score 932025 annual accounts of BIEZONDER
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
- Gross margin
- €1.3m
- ▼ 1.3%
- Turnover
- ≈ €5.0m
- estimated
- Profit
- €42,810
- ▼ 46.2%
- Equity
- €1.4m
- ▲ 3.3%
- Total assets
- €3.3m
- ▼ 5.7%
- Employees on 31-12-2025
- 12
- ▼ 14.3%
Score breakdownraises riskSize: 23.8 FTE, total assets €3.3mLiquidity: current ratio 0.88, cash €97,685Sector: Retail trade (NACE 47)lowers riskFounded in 1992Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 47, small). It does better than 63% of them on solvency, 25% on liquidity, 51% on profitability and 50% on growth.
The bankruptcy probability was computed on 04-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: More staff in 2025from 13.4 FTE to 23.8 FTE ▲ 77.6% View
- Positive: 3rd largest employer in Huldenbergin the Checked rankings No. 3 View
- Positive: 8 profitable years in a rowprofit 2025: €42,810 8 years View
- Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View
Recent changes
- · Gazette deed 2 directors reappointedReappointments: PROJECT MATERIALS (director) and BIEZONDER (director) · Permanent representatives: VANPÉE Benny and VANPÉE Bie
- · Gazette deed 2 directors appointed, 1 director resigningResignation: Vanpée Benny (director) · Appointments: Projects Materials BV (director) and BIEZONDER BV (director) · Permanent representatives: Vanpée Benny and Vanpée Bie
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as TEGEL CONCEPT: retail sale of hardware, building materials, paint and glass (general range) (NACE 47521). They are comparable in size and age: total assets between €2.3m and €4.1m, founded between 1988 and 1996.
| Company | Total assets | Gross margin |
|---|---|---|
| TEGEL CONCEPT Huldenberg | €3.3m | €1.3m |
| OLENDIS Geel | €3.0m | €1.1m |
| DYNAMIC HORIZON Roeselare | €4.1m | €1.1m |
| M. et G. FILSFILS Ciney | €3.8m | €1.4m |
| SAINT-GHISLAIN BRICOLAGE Saint-Ghislain | €2.7m | €1.3m |
| VERANDAIR Couvin | €2.3m | €1.4m |
| MATERIAUX FORET Wanze | €3.4m | €1.3m |
Key facts about TEGEL CONCEPT
- What is the company number of TEGEL CONCEPT?
- The company number of TEGEL CONCEPT is 0448.603.917. The VAT number is the same number with BE in front: BE 0448.603.917.
- Where is TEGEL CONCEPT based?
- The registered office is at Onderbosstraat 27, 3040 Huldenberg.Company details
- What does TEGEL CONCEPT do?
- According to the KBO register, the main activity is retail sale of hardware, building materials, paint and glass (general range) (NACE 47521).
- What is the legal form of TEGEL CONCEPT?
- TEGEL CONCEPT is a private limited company (BV).
- When was TEGEL CONCEPT founded?
- TEGEL CONCEPT was founded on 06-11-1992.
- Is TEGEL CONCEPT still active?
- Yes, TEGEL CONCEPT is an active enterprise in the KBO register.
- How many employees does TEGEL CONCEPT have?
- TEGEL CONCEPT had an average of 23.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does TEGEL CONCEPT fall under?
- In its 2021 annual accounts, TEGEL CONCEPT states joint committees 124 (Construction) and 201 (Independent retail).
- What is the turnover of TEGEL CONCEPT?
- The turnover in financial year 2025 is ≈ €5.0m. This figure is estimated from the gross margin of €1.3m and 87 comparable companies (NACE 47). It probably lies between €3.0m and €9.1m.
- Is TEGEL CONCEPT profitable?
- In financial year 2025, TEGEL CONCEPT made a profit of €42,810.
- Where can I find the annual accounts of TEGEL CONCEPT?
- TEGEL CONCEPT filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TEGEL CONCEPT due?
- TEGEL CONCEPT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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