Losses
Every financial year from 2014 to 2021 closed with a loss. 2014 was the heaviest.
Every financial year from 2014 to 2021 closed with a loss. 2014 was the heaviest.
Eight of the last ten came late. The 2017 accounts came latest: 1,196 days after the end of the period.
Equity fell from €3,491 in 2007 to -€24,736 in 2021.
On 12 June 2025 the court declared TEK bankrupt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
187 | 603 | 835 | 928 | 3,125 | 6,509 | 6,828 | 12,342 | 23,257 | 24,363 | 27,170 | 27,821 | 28,043 | 30,526 | 38,430 | 21,539 | |
21/28 |
88 | 88 | 278 | 468 | 2,186 | 3,905 | 4,122 | 7,355 | 10,800 | 14,265 | 18,512 | 17,727 | 20,154 | 25,132 | 26,608 | 18,095 | |
22/27 |
- | - | 190 | 380 | 2,098 | 3,817 | 3,817 | 7,051 | 10,496 | 13,941 | 18,131 | 17,338 | 19,767 | 24,748 | 26,224 | 17,712 | |
23 |
- | - | - | - | - | - | - | 743 | 1,696 | 2,650 | 4,349 | 2,335 | 2,235 | 2,980 | 220 | 440 | |
24 |
- | - | - | - | - | - | - | - | - | - | - | 2,594 | 5,187 | 7,781 | 10,374 | - | |
26 |
- | - | 190 | 380 | 2,098 | 3,817 | 3,817 | 6,308 | 8,799 | 11,291 | 13,782 | 12,410 | 12,345 | 13,987 | 15,630 | 17,272 | |
28 |
88 | 88 | 88 | 88 | 88 | 88 | 305 | 305 | 305 | 324 | 381 | 388 | 387 | 384 | 384 | 383 | |
29/58 |
99 | 515 | 557 | 460 | 938 | 2,604 | 2,706 | 4,987 | 12,456 | 10,099 | 8,658 | 10,094 | 7,888 | 5,393 | 11,822 | 3,444 | |
3 |
- | - | - | - | - | - | 647 | 647 | 647 | 703 | 545 | 2,828 | 1,908 | 1,489 | 1,744 | 1,001 | |
30/36 |
- | - | - | - | - | - | 647 | 647 | 647 | 703 | 545 | 2,828 | 1,908 | 1,489 | 1,744 | 1,001 | |
40/41 |
- | - | - | 200 | 200 | - | - | 108 | 1,170 | 8,681 | 2,898 | 5,249 | - | 2,135 | 5,269 | 66 | |
40 |
- | - | - | - | - | - | - | 104 | 1,170 | 8,681 | 2,538 | 5,249 | - | 1,254 | 5,269 | - | |
41 |
- | - | - | 200 | 200 | - | - | 3 | - | - | 360 | - | - | 881 | - | 66 | |
54/58 |
99 | 515 | 557 | 260 | 738 | 2,604 | 2,059 | 3,672 | 10,639 | 715 | 5,215 | 2,017 | 5,980 | 1,769 | 4,808 | 2,377 | |
490/1 |
- | - | - | - | - | - | - | 560 | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
187 | 603 | 835 | 928 | 3,125 | 6,509 | 6,828 | 12,342 | 23,257 | 24,363 | 27,170 | 27,821 | 28,043 | 30,526 | 38,430 | 21,539 | |
10/15 |
-24,736 | -21,209 | -20,334 | -19,641 | -17,444 | -15,465 | -14,902 | -10,977 | -1,583 | -4,539 | -2,565 | -2,768 | -26 | 2,483 | 3,491 | -5,084 | |
10/11 |
18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
100 |
- | - | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
14 |
-43,328 | -39,801 | -38,926 | -38,233 | -36,036 | -34,057 | -33,494 | -29,569 | -20,175 | -23,131 | -21,157 | -21,360 | -18,618 | -16,109 | -15,101 | -23,676 | |
17/49 |
24,923 | 21,812 | 21,169 | 20,569 | 20,569 | 21,974 | 21,730 | 23,319 | 24,840 | 28,903 | 29,735 | 30,589 | 28,068 | 28,042 | 34,939 | 26,623 | |
17 |
- | - | - | - | - | 14,400 | 14,400 | 14,400 | 14,400 | 14,400 | 14,400 | 14,400 | 14,400 | 14,400 | 20,825 | 10,600 | |
170/4 |
- | - | - | - | - | 14,400 | 14,400 | 14,400 | 14,400 | 14,400 | 14,400 | 14,400 | 14,400 | 14,400 | 20,825 | 10,600 | |
42/48 |
24,923 | 21,812 | 21,169 | 20,569 | 20,569 | 7,574 | 7,330 | 8,919 | 10,440 | 14,503 | 15,335 | 16,189 | 13,668 | 13,642 | 14,114 | 16,023 | |
42 |
- | - | - | - | - | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | 2,975 | |
44 |
1,800 | 518 | - | - | - | - | - | - | 1,748 | 2,481 | 3,285 | 2,856 | 661 | 1,250 | 885 | 1,783 | |
440/4 |
1,800 | 518 | - | - | - | - | - | - | 1,748 | 2,481 | 3,285 | 2,856 | 661 | 1,250 | 885 | 1,783 | |
46 |
- | - | - | - | - | - | - | 678 | - | - | - | - | - | - | - | - | |
45 |
- | - | - | - | - | - | - | - | 451 | 755 | 733 | 2,016 | 1,690 | 1,075 | 1,911 | 2,909 | |
450/3 |
- | - | - | - | - | - | - | - | 451 | 755 | 733 | 2,016 | 1,690 | 1,075 | 1,911 | 1,398 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,511 | |
47/48 |
23,124 | 21,294 | 21,169 | 20,569 | 20,569 | 4,599 | 4,355 | 5,267 | 5,267 | 8,292 | 8,342 | 8,342 | 8,342 | 8,342 | 8,342 | 8,356 | |
| Income statement | |||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | 74,363 | 79,817 | 75,601 | 70,446 | 78,508 | 91,836 | 65,057 | |
76A |
- | - | - | - | - | - | - | 11 | - | - | - | - | - | - | 1,466 | - | |
9900 |
-2,932 | - | -166 | - | -160 | -239 | -297 | -4,446 | 8,304 | 3,599 | 10,653 | 21,586 | 20,400 | 21,293 | 28,631 | 22,545 | |
60/61 |
- | - | - | - | - | - | - | - | - | 70,764 | 69,164 | 54,015 | 50,047 | 57,215 | 63,205 | 42,512 | |
62 |
- | - | - | - | - | - | - | - | - | 5 | 1,343 | 17,610 | 14,598 | 14,844 | 15,444 | 17,928 | |
630 |
- | 190 | 190 | 1,719 | 1,719 | - | 3,234 | 3,445 | 3,445 | 4,190 | 6,784 | 5,382 | 4,981 | 5,201 | 4,456 | 2,348 | |
640/8 |
551 | 643 | 298 | 439 | - | 292 | 293 | 808 | 1,491 | 1,082 | 2,117 | 1,056 | 833 | 2,121 | 1,420 | 669 | |
9901 |
-3,483 | -832 | -654 | -2,158 | -1,879 | -531 | -3,824 | -8,699 | 3,368 | -1,678 | 410 | -2,462 | -12 | -873 | 7,312 | 1,600 | |
75/76B |
- | - | - | - | - | - | - | 1 | - | 0 | 1 | - | 0 | - | 1 | 1 | |
75 |
- | - | - | - | - | - | - | 1 | - | 0 | 1 | - | 0 | - | 1 | 1 | |
65/66B |
45 | 42 | 39 | 39 | 36 | 32 | 38 | 50 | 184 | 296 | 208 | 116 | 77 | 134 | 204 | 180 | |
65 |
45 | 42 | 39 | 39 | 36 | 32 | 38 | 50 | 184 | 296 | 208 | 116 | 77 | 134 | 204 | 180 | |
9903 |
-3,528 | -874 | -693 | -2,197 | -1,915 | -563 | -3,861 | -8,737 | 3,184 | -1,974 | 203 | -2,578 | -89 | -1,008 | 8,575 | 1,421 | |
67/77 |
- | - | - | - | 65 | - | 64 | 656 | 228 | 0 | - | 165 | 2,420 | - | - | - | |
9904 |
-3,528 | -874 | -693 | -2,197 | -1,980 | -563 | -3,925 | -9,393 | 2,956 | -1,974 | 203 | -2,743 | -2,509 | -1,008 | 8,575 | 1,421 | |
9905 |
-3,528 | -874 | -693 | -2,197 | -1,980 | -563 | -3,925 | -9,393 | 2,956 | -1,974 | 203 | -2,743 | -2,509 | -1,008 | 8,575 | 1,421 | |
| Appropriation of the result | |||||||||||||||||
9906 |
-43,328 | -39,801 | -38,926 | -38,233 | -36,036 | -34,057 | -33,494 | -29,569 | -20,175 | -23,131 | -21,157 | -21,360 | -18,618 | -16,109 | -15,101 | -23,676 | |
14P |
-39,801 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | - | 0.5 | 0.5 | 0.6 | 0.6 | 0.6 | 0.8 | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | 839 | 839 | 1,651 | 1,651 | 1,142 | 1,291 | |
| Document | |||||||||||||||||
The accounts for 7 older financial years (1997-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2021 (PDF), filed on 10-06-2022.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2021 | micro format | 10-06-2022 | 2022-20057552 | |
| 31-12-2020 | micro format | 08-11-2021 | 2021-77000147 | |
| 31-12-2019 | micro format | 08-11-2021 | 2021-77000540 | |
| 31-12-2018 | micro format | 08-11-2021 | 2021-77000537 | |
| 31-12-2017 | micro format | 08-11-2021 | 2021-76900520 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-54400411 | |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-55500335 | |
| 31-12-2014 | abbreviated format | 28-08-2015 | 2015-49900425 | |
| 31-12-2013 | abbreviated format | 02-07-2014 | 2014-25400149 | |
| 31-12-2012 | abbreviated format | 20-08-2013 | 2013-43500332 | |
| 31-12-2011 | abbreviated format | 27-08-2012 | 2012-45300237 | |
| 31-12-2010 | abbreviated format | 18-08-2011 | 2011-40600014 | |
| 31-12-2009 | abbreviated format | 30-08-2010 | 2010-46100498 | |
| 31-12-2008 | abbreviated format | 24-08-2009 | 2009-60600196 | |
| 31-12-2007 | abbreviated format | 28-08-2008 | 2008-63500253 | |
| 31-12-2006 | abbreviated format | 01-08-2007 | 2007-51300378 | |
| 31-12-2005 | abbreviated format | 24-08-2006 | 2006-66502527 | |
| 31-12-2004 | abbreviated format | 26-07-2005 | 2005-56103675 | |
| 31-12-2003 | abbreviated format | 26-07-2004 | 2004-50704895 | |
| 31-12-2002 | abbreviated format | 16-07-2003 | 2003-45603667 | |
| 31-12-2001 | abbreviated format | 28-10-2002 | 2002-68500941 | |
| 31-12-1999 | abbreviated format | 16-10-2001 | 2001-63800282 | |
| 31-12-1997 | abbreviated format | 31-08-1998 | 1998-43500459 |
| Line | Trend | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | -643 | -464 | -439 | -160 | - | -590 | -5,254 | 6,813 | 2,512 | 7,193 | 2,920 | 4,969 | 4,328 | 11,768 | 3,948 | ||
| - | -685 | -503 | -478 | -261 | - | -691 | -5,948 | 6,401 | 2,216 | 6,987 | 2,640 | 2,472 | 4,193 | 13,031 | 3,769 | ||
| - | 0 | 0 | 0 | 0 | - | 0 | 0 | -19 | -57 | 7,576 | 2,955 | 3 | 3,725 | 12,969 | 1,233 | ||
| -416 | -42 | 297 | -478 | -1,866 | 545 | -1,613 | -6,967 | 9,924 | -4,500 | 3,198 | -3,963 | 4,211 | -3,039 | 2,431 | - | ||
| -24,825 | -21,297 | -20,612 | -20,109 | -19,631 | -4,970 | -4,623 | -3,932 | 2,016 | -4,404 | -6,677 | -6,095 | -5,780 | -8,249 | -2,292 | -12,579 | ||
| - | - | - | - | - | - | - | - | - | -2.3% | 0.5% | -3.3% | 0.0% | -1.1% | 8.0% | 2.5% | ||
| - | - | - | - | - | -237.6% | -218.3% | -88.9% | -6.8% | -18.6% | -9.4% | -9.9% | -0.1% | 8.1% | 9.1% | -23.6% | ||
| - | - | - | - | - | 0.34 | 0.37 | 0.56 | 1.19 | 0.70 | 0.56 | 0.62 | 0.58 | 0.40 | 0.84 | 0.21 | ||
| - | - | - | - | - | 0.34 | 0.28 | 0.49 | 1.13 | 0.65 | 0.53 | 0.45 | 0.44 | 0.29 | 0.71 | 0.15 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 11.29 | 10.01 | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | -40.6% | 245.6% | - | ||
| - | - | - | - | - | -8.7% | -57.5% | -76.1% | 12.7% | -8.1% | 0.7% | -9.9% | -8.9% | -3.3% | 22.3% | 6.6% | ||
| - | - | - | - | - | - | - | - | - | 43 days | 12 days | 25 days | - | 6 days | 21 days | 0 days | ||
| - | - | - | - | - | - | - | - | - | 13 days | 17 days | 19 days | 5 days | 8 days | 5 days | 15 days |
The ratios are withheld because a balance sheet total of €187 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2021 is a loss of €3,483, larger than the loss of €832 in 2020. It is the lowest result since 2015.
Equity is negative. Debt (€24,923) exceeds the balance-sheet total (€187).
TEK has no parent and no holdings in its annual accounts. Inge Bortels is the only director. TEK shares no director with another company.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
TEK has not been in the KBO register since 4 July 2026.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11303B0436/00K013 | 76 m² | 1 · 76 m² | 17.1 m · 5 |
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