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TEGELPROJECT

Active
Private limited company (pre-2019)founded 200521 yrs activeOudenburgsesteenweg 31, 8400 Oostende, BelgiumKBO/BCE: BE 0872.406.914
Summary

TEGELPROJECT has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €340,842 and a net result of -€17,458. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 74% of 8593 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisWatch ReportCompare
TEGELPROJECTActiveChecked score 66/100
Risk analysis ReportCompare

Overview

What they do
Floor and wall tiling
NACE 43331
1 site
How big
€526,866total assets 2025
Equity
€340,842
Loss
-€17,458
Turnover not published (abridged schema)
Financially healthy?
66 Healthy Checked score 2025
Bankruptcy chance 12 m
0.8%
Who decides
Accounts on time0 of 3 deeds read
Why 66- Higher-failure-rate sector- Persistent losses+ Long track recordLatest accounts filed on timeShow the evidence

Checked score

Score 2025
66 / 100
Healthy
Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▲+3
Solvency90▼-10
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity ample (current ratio 3.02 against 5.05 in 2024; short-term debt: 30.2% and cash: 84.7% of total assets), and 35.3% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 21 years 0 30 y
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€17,458
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
92 d late
2023
58 d late
2022
30 d late
2021
59 d late
2020
26 d late
2019
25 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 41 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 September (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet -€32,734

Key points

  • Caution: Among the weakest 12% on net resultsector median €27,675 · 8,587 companies -€17,458 View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€17,458 View
  • Total assets 20256 fiscal years filed €526,866 View

By topic

Financials

Fiscal year
2025
Total assets
€526,866
Loss
-€17,458
Solvency
64.7%
Total assets▼ 1.0%
Net result
20182025
Go to Financials

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 31-07-2026Annual accounts filed
  2. 31-10-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Floor and wall tilingNACE 43331
Founded
10-03-2005
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

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