Equity
€500,000 ▼ 20.4%
TEIDE paid out €157,779 in dividends. That is 536% of the 2025 profit.
TEIDE
Lifetime
19 annual accounts with figures on one time axispeak €326,778 (2014)
€126,232▼ 37.9%
lowest -€41,972 (2024)
€29,432▲ €71,403
peak €673,763 (2019)
€500,000▼ 20.4%
€2.8m▲ 103%
peak 4.3 FTE (2013)
0.5 FTE
Board3 names since 2007
1 director
Owners2 names in the annual accounts
100%
Documentsfilings and deeds
26-05-202666 days before the deadline
2025abbreviated format
Gross margin from €203,204 to €126,232Back to profit: €29,4321 director appointed, 2 resignations 08-12Dividend €157,779Equity from €628,347 to €500,000Debts from €1.4m to €2.8m
Key points
from the 2025 annual accountsDebts
€2.8m 85% of the balance sheet
Financial debts 77%Suppliers 1%Taxes and wages 0%Other 22%
Of this, €292,683 falls due within a year.
Securities
€2.3m
Mortgage mandates, new in 2025. 4.5 times equity · not in the 2024 accounts.
Investments
€2.4m 76.9 × depreciation
Green is investment, beige is depreciation.
Staff
0.5 FTE ▼ 91.8%
Fewer staff in 2025: different schema filed.
Board
1 joined · 2 left
Board changed. Latest change 20-11-2025 · 1 in office.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,514 companies had the same profile as TEIDE has now. Each dot stands for 12 companies, two years later.
96.8%
were still trading
1.8%
stopped another way
1.4%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,514 companies, not a prediction for TEIDE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, , since 20-11-2025
- 100%score equity €241,113 (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0889330840
1 director appointed, 2 resignations
Resignations: (director) and (director) · Appointment: (director) · Permanent representative: · General meeting of 20-11-2025 · Gazette deed
2 managers resigning, 2 directors reappointed
Resignations: (manager) and (manager) · Reappointments: (director) and (director) · Gazette deed
Registered office moved from Lummen to Maaseik
New registered office: Sportlaan 10A, 3680 Maaseik · Previous registered office: Golfweg 1, 3560 Lummen · General meeting of 15-11-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TEIDE Maaseik | €3.3m | €126,232 | 15.3% | 0.5 |
| Régie Communale Autonome des sports d'Assesse Assesse | €2.7m | €116,176 | 91.0% | 1.2 |
| SPRONKEN Genk | €4.5m | €55,540 | 96.5% | 0.8 |
| Haras de la hussiere Lasne | €2.2m | €63,992 | -69.3% | 0.5 |
| WITBOS Herentals | €4.0m | €325,633 | 20.7% | 0.3 |
| Ter Eiken Essen Edegem | €3.4m | €279,470 | 63.8% | 1.4 |
| NEGUNDO Business SPORT Center Tournai | €1.3m | €185,212 | 37.2% | 0 |
These companies have the same main activity as TEIDE: operation of sports facilities (NACE 93110). They are comparable in size and age: total assets between €1.3m and €4.5m, founded between 1998 and 2011.
Official details
Source: KBO- Status
- Active since 09-05-2007Normal situation
- Activity
- Operation of sports facilitiesNACE 93110
- Joint committee
- 314Hairdressing and beauty care · annual accounts 2025
- Establishment unit
- 2.162.737.7343680 Maaseik, since 09-05-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- ≈ €320,000estimated
- €3.3m▲ 64.0%
- Employeeson 31-12-2025
- 1▼ 80.0%
- Filing
- Filed on 26-05-2026, 66 days before the end of the filing period
Insights on TEIDE
TEIDE files the abbreviated format. That format states no turnover. The gross margin rose from -€2,277 in 2007 to €126,232 in 2025.
The balance sheet grew most from 2008 to 2010 through fixed assets.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TEIDE
- What is the company number of TEIDE?
- The company number of TEIDE is 0889.330.840. The VAT number is the same number with BE in front: BE 0889.330.840.
- Where is TEIDE based?
- The registered office is at Sportlaan 10A, 3680 Maaseik.Company details
- What does TEIDE do?
- According to the KBO register, the main activity is operation of sports facilities (NACE 93110).
- What is the legal form of TEIDE?
- TEIDE is a private limited company (BV).
- When was TEIDE founded?
- TEIDE was founded on 09-05-2007.
- Is TEIDE still active?
- Yes, TEIDE is an active enterprise in the KBO register.
- How many employees does TEIDE have?
- TEIDE had an average of 0.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does TEIDE fall under?
- In its 2025 annual accounts, TEIDE states joint committee 314 (Hairdressing and beauty care).
- What is the turnover of TEIDE?
- The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €126,232 and 1,653 comparable companies of the same size. It probably lies between €200,000 and €600,000. It is a rough estimate.
- Is TEIDE profitable?
- In financial year 2025, TEIDE made a profit of €29,432.
- Where can I find the annual accounts of TEIDE?
- TEIDE filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TEIDE due?
- TEIDE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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