TEHEM
ActiveSummary
TEHEM has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €94,000 and a net result of -€3,025. Equity is shrinking by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 92% of 31840 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability15▼-4
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 14.07 against 29.26 in 2024; short-term debt: 6.6% and cash: 51.9% of total assets), and 6.6% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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 dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 25-04-2026, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
5 d late
2023
2 d late
2022
32 d early
2021
4 d late
2020
31 d late
2019
48 d early
← 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 6 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 (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€94,000▼ 3.1%
2024 · €97,025
Total assets
€100,661▼ 13.0%
2024 · €115,707
Net result
-€3,025
2024 · €267
Working capital
€87,046▼ 16.4%
2024 · €104,074
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€22,390▲ 82.4%€2,503-€2,627-€2,910▼ 10.8%-€2,161▲ 25.7%
Net result-€22,113€4,224-€3,662€267-€3,025
Equity€96,196▼ 18.7%€100,420▲ 4.4%€96,758▼ 3.6%€97,025▲ 0.3%€94,000▼ 3.1%
Total assets€200,083▼ 33.0%€136,630▼ 31.7%€134,165▼ 1.8%€115,707▼ 13.8%€100,661▼ 13.0%
Debt€103,887▼ 20.2%€36,210▼ 65.1%€37,407▲ 3.3%€18,682▼ 50.1%€6,662▼ 64.3%
Working capital€183,375▼ 27.6%€122,378▼ 33.3%€121,487▼ 0.7%€104,074▼ 14.3%€87,046▼ 16.4%
Staff (FTE)
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,161 in 2025 against €2,910 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €100,661
Fixed assets
€6,953 ▼ 12.5%
Current assets
€93,708 ▼ 13.0%
Equity and liabilities €100,661
Equity
€94,000 ▼ 3.1%
Debt
€6,662 ▼ 64.3%
Debt's share of the balance-sheet total falls from 16.1% to 6.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€1,164▼
2024 · -€590
Cash flow
-€2,028▼
2024 · €2,587
Current ratio
14.07▼
2024 · 29.26
Debt to equity
0.07▼
2024 · 0.19
ROE
-3.2%▼
2024 · 0.3%
ROA
-3.0%▼
2024 · 0.2%
Interest coverage
-2.22▼
2024 · -1.09
Debt ≤ 1 year
€6,662▲
2024 · €3,682
Income taxes
€357▲
2024 · €336
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,713 | €3,971 | €2,771 | €2,320 | €997 | ▼ 57.0% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | -€50,000 | -€65,000 | - | -€20,000 | -€15,000 | ▲ 25.0% |
| Other operating charges640/8 | €720 | €444 | €474 | €988 | €918 | ▼ 7.1% |
| Gross operating margin9900 | -€67,957 | -€58,083 | €619 | -€19,603 | -€15,246 | ▲ 22.2% |
| Operating profit (loss)9901 | -€22,390 | €2,503 | -€2,627 | -€2,910 | -€2,161 | ▲ 25.7% |
| Financial income75/76B | €540 | €3,372 | €159 | €4,053 | €18 | ▼ 99.5% |
| Recurring financial income75 | €540 | €3,372 | €159 | €4,053 | €18 | ▼ 99.5% |
| Financial charges65/66B | -€129 | €1,267 | €868 | €540 | €525 | ▼ 2.7% |
| Recurring financial charges65 | -€129 | €1,267 | €868 | €540 | €525 | ▼ 2.7% |
| Profit (loss) for the period before taxes9903 | -€21,721 | €4,608 | -€3,336 | €603 | -€2,668 | ▼ 542% |
| Income taxes67/77 | €392 | €385 | €326 | €336 | €357 | ▲ 6.4% |
| Profit (loss) for the period9904 | -€22,113 | €4,224 | -€3,662 | €267 | -€3,025 | ▼ 1,232% |
| Profit (loss) for the period to be appropriated9905 | -€22,113 | €4,224 | -€3,662 | €267 | -€3,025 | ▼ 1,232% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €200,083 | €136,630 | €134,165 | €115,707 | €100,661 | ▼ 13.0% |
| Fixed assets21/28 | €12,821 | €13,042 | €10,271 | €7,950 | €6,953 | ▼ 12.5% |
| Tangible fixed assets22/27 | €12,821 | €13,042 | €10,271 | €7,950 | €6,953 | ▼ 12.5% |
| Plant, machinery and equipment23 | €2,206 | €1,627 | €1,048 | €468 | - | - |
| Furniture and vehicles24 | €5,789 | €6,858 | €4,933 | €3,461 | €3,200 | ▼ 7.5% |
| Other tangible fixed assets26 | €4,826 | €4,558 | €4,290 | €4,021 | €3,753 | ▼ 6.7% |
| Current assets29/58 | €187,262 | €123,588 | €123,894 | €107,757 | €93,708 | ▼ 13.0% |
| Amounts receivable within one year40/41 | €2,777 | €400 | €4,250 | €1,343 | €14,337 | ▲ 967% |
| Trade receivables40 | €2,152 | - | €4,250 | €191 | €14,337 | ▲ 7,406% |
| Other amounts receivable41 | €624 | €400 | - | €1,152 | - | - |
| Current investments50/53 | €136,890 | €35,498 | €26,499 | €25,498 | €25,498 | = |
| Cash at bank and in hand54/58 | €44,849 | €86,255 | €91,845 | €79,173 | €52,248 | ▼ 34.0% |
| Deferred charges and accrued income490/1 | €2,746 | €1,435 | €1,300 | €1,743 | €1,626 | ▼ 6.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €200,083 | €136,630 | €134,165 | €115,707 | €100,661 | ▼ 13.0% |
| Equity10/15 | €96,196 | €100,420 | €96,758 | €97,025 | €94,000 | ▼ 3.1% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Outside capital11 | €12,400 | - | - | - | - | - |
| Other1109/19 | €12,400 | - | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | - | - | - | €1,860 | - |
| Profit (loss) carried forward14 | €81,936 | €86,160 | €82,498 | €82,765 | €79,740 | ▼ 3.7% |
| Amounts payable17/49 | €103,887 | €36,210 | €37,407 | €18,682 | €6,662 | ▼ 64.3% |
| Amounts payable after more than one year17 | €100,000 | €35,000 | €35,000 | €15,000 | - | - |
| Other amounts payable178/9 | €100,000 | €35,000 | €35,000 | €15,000 | - | - |
| Amounts payable within one year42/48 | €3,887 | €1,210 | €2,407 | €3,682 | €6,662 | ▲ 80.9% |
| Trade debts44 | €1,881 | €123 | - | €148 | €878 | ▲ 493% |
| Suppliers440/4 | €1,881 | €123 | - | €148 | €878 | ▲ 493% |
| Taxes, remuneration and social security45 | €1,309 | €603 | €2,066 | €3,534 | €2,892 | ▼ 18.2% |
| Taxes450/3 | €309 | €603 | €2,066 | €3,534 | €2,892 | ▼ 18.2% |
| Remuneration and social security454/9 | €1,000 | - | - | - | - | - |
| Other amounts payable47/48 | €696 | €485 | €341 | - | €2,892 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€22,113 | €4,224 | -€3,662 | €267 | -€3,025 | ▼ 1,232% |
| + Depreciation and write-downs630 | €3,713 | €3,971 | €2,771 | €2,320 | €997 | ▼ 57.0% |
| Operating cash flow (approximation) | -€18,400 | €8,195 | -€891 | €2,587 | -€2,028 | ▼ 178% |
| Investment in fixed assets (approximation) | - | -€4,192 | €0 | €0 | €0 | - |
| Change in cash | - | €41,407 | €5,590 | -€12,673 | -€26,925 | ▼ 112% |
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
Next filing, fiscal year 2026, expected by
2026
25-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
30-09
Financial
Back to profitnet €267
Net result €267 after one loss-making year.
02-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €4,224
Net result €4,224 after one loss-making year.
30-09
Financial
Liquidity doublescurrent ratio 102.10
Current ratio from 48.18 to 102.10; short-term debt falls from €3,887 to €1,210.
30-09
Financial
Equity above €100,000Eq €100,420 ▲4.4%
Equity rises from €96,196 to €100,420.
04-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
30-09
Financial
Weakest financial yearnet -€22,113
Net result drops to -€22,113, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity times 5current ratio 48.18
Current ratio from 9.41 to 48.18; short-term debt falls from €30,129 to €3,887.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Show earlier events
2020
13-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Vorst · 1 establishment unit since 2006
Ground area
348 m²
Building footprint
117 m²
Volume, LiDAR
1,328 m³
Parcel 21007A0120/00N003, Brussels · tallest building 17.5 m, ±4 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Tehem
since 20062.157.115.989
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0120/00N003 | Brussels | 348 m² | 1 · 117 m² | 17.5 m · 4 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.
Recognitions · licences · registrations
Legal Entity Identifier
254900TC4U4P7723DC30
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,583. 40,499 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-10-2006
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
47400Retail sale of information and communication equipment
Contact
Phone
0497/46 04 40Vorst
Scores and ratios are computed by Checked and are not a credit decision.