TEIDE
ActiveSummary
TEIDE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €500,000 and a net result of €29,432. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 35% of 913 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability42▼-21
Solvency40▼-17
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 2.88 against 0.06 in 2024; short-term debt: 9% and cash: 1.6% of total assets), but 84.7% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
15.3%
Return on assets
0.9%
Age of the figures
9 mo
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 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
66 d early
2024
30 d early
2023
28 d early
2022
3 d late
2021
6 d early
2020
4 d early
2019
62 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 10 days before 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€500,000▼ 20.4%
2024 · €628,347
Total assets
€3.3m▲ 64.0%
2024 · €2.0m
Net result
€29,432
2024 · -€41,972
Working capital
€549,986
2024 · -€1.0m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation 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
Line20212022202320242025
Operating result€5,675€16,362▲ 188%€23,673▲ 44.7%-€25,221€66,450
Net result€27,926above the sector's middle half€5,092within the sector's middle half▼ 81.8%€4,700within the sector's middle half▼ 7.7%-€41,972below the sector's middle half€29,432within the sector's middle half
Equity€660,527above the sector's middle half▼ 2.0%€665,619above the sector's middle half▲ 0.8%€670,319above the sector's middle half▲ 0.7%€628,347above the sector's middle half▼ 6.3%€500,000within the sector's middle half▼ 20.4%
Total assets€2.2mabove the sector's middle half▼ 17.0%€2.1mabove the sector's middle half▼ 4.3%€2.2mabove the sector's middle half▲ 3.3%€2.0mabove the sector's middle half▼ 7.9%€3.3mabove the sector's middle half▲ 64.0%
Debt€1.5m▼ 22.2%€1.4m▼ 6.5%€1.5m▲ 4.4%€1.4m▼ 8.6%€2.8m▲ 103%
Working capital-€794,085below the sector's middle half▲ 32.1%-€836,117below the sector's middle half▼ 5.3%-€958,070below the sector's middle half▼ 14.6%-€1.0mbelow the sector's middle half▼ 5.3%€549,986above the sector's middle half
Solvency30.2%within the sector's middle half▲ 4.6pp31.8%within the sector's middle half▲ 1.6pp31.0%within the sector's middle half▼ 0.8pp31.6%within the sector's middle half▲ 0.5pp15.3%within the sector's middle half▼ 16.3pp
Current ratio0.13below the sector's middle half▲ 0.060.09below the sector's middle half▼ 0.040.12below the sector's middle half▲ 0.030.06below the sector's middle half▼ 0.062.88above the sector's middle half▲ 2.82
Return on assets (ROA)1.3%within the sector's middle half▲ 2.8pp0.2%within the sector's middle half▼ 1.0pp0.2%within the sector's middle half=-2.1%within the sector's middle half▼ 2.3pp0.9%within the sector's middle half▲ 3.0pp
Staff (FTE)2.3▼ 25.8%6▲ 161%6.6▲ 10.0%6.1▼ 7.6%0.5below the sector's middle half▼ 91.8%
above
within
below
the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2025 Staff (FTE) -92% on 2024. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €66,450 after a loss of €25,221 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.3m
Fixed assets
€2.4m ▲ 25.4%
Current assets
€842,669 ▲ 1,328%
Equity and liabilities €3.3m
Equity
€500,000 ▼ 20.4%
Debt
€2.8m ▲ 103%
Debt's share of the balance-sheet total rises from 68.4% to 84.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€98,010▼
2024 · €99,056
Cash flow
€60,991▼
2024 · €82,305
Debt to equity
5.53▲
2024 · 2.17
ROE
5.9%▲
2024 · -6.7%
Interest coverage
2.65▼
2024 · 5.61
Debt ≤ 1 year
€292,683▼
2024 · €1.1m
Debt > 1 year
€2.1m▲
2024 · €288,271
Staff costs
€6,726▼
2024 · €89,466
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,504 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 97% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.2%
went bankrupt
1.6%
stopped otherwise
97%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,504 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €5,138 | - | €15,506 | - | €9,392 | - |
| Remuneration, social security and pensions62 | €28,335 | €88,123 | €93,270 | €89,466 | €6,726 | ▼ 92.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €100,436 | €106,432 | €119,686 | €124,277 | €31,560 | ▼ 74.6% |
| Other operating charges640/8 | €12,728 | €13,074 | €14,160 | €14,681 | €21,496 | ▲ 46.4% |
| Non-recurring operating charges66A | - | €1,431 | - | - | - | - |
| Gross operating margin9900 | €147,175 | €225,421 | €250,790 | €203,204 | €126,232 | ▼ 37.9% |
| Operating profit (loss)9901 | €5,675 | €16,362 | €23,673 | -€25,221 | €66,450 | ▲ 363% |
| Financial income75/76B | €30,000 | €77 | - | €892 | €1 | ▼ 99.9% |
| Recurring financial income75 | €30,000 | €77 | - | €892 | €1 | ▼ 99.9% |
| Financial charges65/66B | €7,749 | €11,347 | €18,973 | €17,643 | €37,019 | ▲ 110% |
| Recurring financial charges65 | €7,749 | €11,347 | €18,973 | €17,643 | €37,019 | ▲ 110% |
| Profit (loss) for the period before taxes9903 | €27,926 | €5,092 | €4,700 | -€41,972 | €29,432 | ▲ 170% |
| Profit (loss) for the period9904 | €27,926 | €5,092 | €4,700 | -€41,972 | €29,432 | ▲ 170% |
| Profit (loss) for the period to be appropriated9905 | €27,926 | €5,092 | €4,700 | -€41,972 | €29,432 | ▲ 170% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.2m | €2.1m | €2.2m | €2.0m | €3.3m | ▲ 64.0% |
| Fixed assets21/28 | €2.1m | €2.0m | €2.0m | €1.9m | €2.4m | ▲ 25.4% |
| Intangible fixed assets21 | - | - | €3,264 | €2,545 | €1,826 | ▼ 28.3% |
| Tangible fixed assets22/27 | €2.1m | €2.0m | €2.0m | €1.9m | €2.4m | ▲ 25.4% |
| Land and buildings22 | €2.1m | €2.0m | €2.0m | €1.9m | €0 | ▼ 100% |
| Plant, machinery and equipment23 | €13,069 | €15,802 | €24,615 | €28,686 | €18,742 | ▼ 34.7% |
| Furniture and vehicles24 | €795 | €629 | €463 | €298 | €132 | ▼ 55.7% |
| Leasing and similar rights25 | - | - | - | - | €2.4m | - |
| Financial fixed assets28 | €1,308 | €1,308 | - | - | - | - |
| Current assets29/58 | €115,922 | €82,155 | €126,438 | €59,025 | €842,669 | ▲ 1,328% |
| Amounts receivable within one year40/41 | €35,528 | €39,783 | €74,406 | €34,294 | €789,112 | ▲ 2,201% |
| Trade receivables40 | €32,968 | €37,335 | €55,728 | €34,294 | €7,488 | ▼ 78.2% |
| Other amounts receivable41 | €2,560 | €2,448 | €18,677 | - | €781,625 | - |
| Cash at bank and in hand54/58 | €79,707 | €41,971 | €51,266 | €24,422 | €53,557 | ▲ 119% |
| Deferred charges and accrued income490/1 | €687 | €401 | €766 | €309 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.2m | €2.1m | €2.2m | €2.0m | €3.3m | ▲ 64.0% |
| Equity10/15 | €660,527 | €665,619 | €670,319 | €628,347 | €500,000 | ▼ 20.4% |
| Contributions10/11 | €500,000 | €500,000 | €500,000 | €500,000 | €500,000 | = |
| Reserves13 | €50,099 | €50,099 | €50,099 | €50,099 | €0 | ▼ 100% |
| Non-distributable reserves130/1 | €16,091 | €16,091 | - | - | - | - |
| Reserves not available under the articles1311 | €16,091 | €16,091 | - | - | - | - |
| Distributable reserves133 | €34,008 | €34,008 | €50,099 | €50,099 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | €110,429 | €115,520 | €120,220 | €78,248 | €0 | ▼ 100% |
| Amounts payable17/49 | €1.5m | €1.4m | €1.5m | €1.4m | €2.8m | ▲ 103% |
| Amounts payable after more than one year17 | €609,461 | €502,886 | €399,595 | €288,271 | €2.1m | ▲ 635% |
| Financial debts170/4 | €609,461 | €502,886 | €399,595 | €288,271 | €2.1m | ▲ 635% |
| Amounts payable within one year42/48 | €910,007 | €918,272 | €1.1m | €1.1m | €292,683 | ▼ 72.6% |
| Current portion of amounts payable after more than one year42 | €107,837 | €104,462 | €103,486 | €111,319 | €110,891 | ▼ 0.4% |
| Trade debts44 | €28,307 | €34,198 | €81,741 | €61,573 | €22,685 | ▼ 63.2% |
| Suppliers440/4 | €28,307 | €34,198 | €81,741 | €61,573 | €22,685 | ▼ 63.2% |
| Advances received on contracts in progress46 | €3,634 | €5,242 | €5,154 | €5,834 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €6,121 | €10,134 | €14,818 | €14,493 | €1,329 | ▼ 90.8% |
| Taxes450/3 | - | - | - | €2,621 | €1,329 | ▼ 49.3% |
| Remuneration and social security454/9 | €6,121 | €10,134 | €14,818 | €11,872 | €0 | ▼ 100% |
| Other amounts payable47/48 | €764,108 | €764,237 | €879,308 | €874,308 | €157,779 | ▼ 82.0% |
| Accrued charges and deferred income492/3 | €6,140 | €5,403 | €5,766 | €5,898 | €350,939 | ▲ 5,850% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,926 | €5,092 | €4,700 | -€41,972 | €29,432 | ▲ 170% |
| + Depreciation and write-downs630 | €100,436 | €106,432 | €119,686 | €124,277 | €31,560 | ▼ 74.6% |
| Operating cash flow (approximation) | €128,363 | €111,524 | €124,386 | €82,305 | €60,991 | ▼ 25.9% |
| Investment in fixed assets (approximation) | - | -€46,244 | -€143,411 | -€21,545 | -€521,616 | ▼ 2,321% |
| Change in cash | - | -€37,736 | €9,295 | -€26,844 | €29,135 | ▲ 209% |
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
26-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €29,432
Net result €29,432 after one loss-making year.
31-12
Financial
Liquidity times 52current ratio 2.88
Current ratio from 0.06 to 2.88; short-term debt falls from €1.1m to €292,683.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€41,972
Net result drops to -€41,972, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €27,926
Net result €27,926 after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 62 days late
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Maaseik · 1 establishment unit since 2007
Ground area
9,906 m²
Building footprint
3,344 m²
Volume, LiDAR
40,668 m³
2 parcels, Flanders · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Teide BVBA
since 20072.162.737.734
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72021A1242/00N000 | Flanders | 6,567 m² | 1 · 20 m² | - |
| 72021A1227/00F000 | Flanders | 3,339 m² | 1 · 3,324 m² | 13.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- LAJOS
- TEIDE
Highest known parent: LAJOS. The sources do not say who stands above it.
Owners 1
- LAJOSparentSourceaccounts LAJOS 2025100%
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 3,293 companies in sector 93110 we hold annual accounts for 1,500. 1,026 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
Founded09-05-2007
Fiscal year end31-12
Activities, NACEBEL 2025
93110Operation of sports facilities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0889330840
Registered
27-03-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.