TELA
ActiveSummary
The computed 12-month bankruptcy probability of TELA is 5.2% (elevated). For TELA, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €12,399 and a net result of -€10,242. Equity is shrinking by ~4.6% per year across the filed fiscal years. The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability0▼-42
Solvency100=
Growth31▼-35
Track record100
Bankruptcy probability, 12 months
5.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2021Solvency, return and age of the figures
Solvency
90.7%
Return on assets
-74.9%
Age of the figures
57 mo
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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 13-07-2022, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
18 d early
2020
93 d early
2019
21 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 30 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2021, micro schema
Turnover
€208,185▼ 10.5%
2020 · €232,737
EBIT margin
-5.1%▼ 5.6pp
2020 · 0.5%
Net result
-€10,242
2020 · €553
Working capital
€10,021▼ 50.5%
2020 · €20,262
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
Line2018201920202021
Turnover€217,903-€241,276▲ 10.7%€232,737▼ 3.5%€208,185▼ 10.5%
Operating result-€1,620-€3,606€1,270▼ 64.8%-€10,568
Net result-€769-€2,243€553▼ 75.3%-€10,242
EBIT margin-0.7%-1.5%▲ 2.2pp0.5%▼ 0.9pp-5.1%▼ 5.6pp
Equity€19,844-€22,087▲ 11.3%€22,640▲ 2.5%€12,399▼ 45.2%
Total assets€36,398-€28,656▼ 21.3%€29,358▲ 2.5%€13,673▼ 53.4%
Debt€16,554-€6,569▼ 60.3%€6,718▲ 2.3%€1,274▼ 81.0%
Working capital€29,466-€21,450▼ 27.2%€20,262▼ 5.5%€10,021▼ 50.5%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €10,568 after €1,270 in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €13,673
Fixed assets
€2,378 =
Current assets
€11,295 ▼ 58.1%
Equity and liabilities €13,673
Equity
€12,399 ▼ 45.2%
Debt
€1,274 ▼ 81.0%
Debt's share of the balance-sheet total falls from 22.9% to 9.3%. Equity and debt are lower.
Key figures and ratios
Current ratio
8.87▲
2020 · 4.02
Debt to equity
0.10
ROE
-82.6%▼
2020 · 2.4%
ROA
-74.9%▼
2020 · 1.9%
Debt ≤ 1 year
€1,274▼
2020 · €6,718
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Turnover70 | €217,903 | €241,276 | €232,737 | €208,185 | ▼ 10.5% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €226,256 | - |
| Other operating charges640/8 | - | - | - | €1,172 | - |
| Gross operating margin9900 | -€947 | €4,816 | €2,093 | -€9,396 | ▼ 549% |
| Operating profit (loss)9901 | -€1,620 | €3,606 | €1,270 | -€10,568 | ▼ 932% |
| Financial income75/76B | - | - | - | €458 | - |
| Recurring financial income75 | €2 | €5 | - | €458 | - |
| Financial charges65/66B | - | - | - | €131 | - |
| Recurring financial charges65 | -€978 | €650 | €540 | €131 | ▼ 75.7% |
| Profit (loss) for the period before taxes9903 | -€641 | €2,961 | €730 | -€10,242 | ▼ 1,503% |
| Income taxes67/77 | €128 | €718 | €177 | - | - |
| Profit (loss) for the period9904 | -€769 | €2,243 | €553 | -€10,242 | ▼ 1,951% |
| Profit (loss) for the period to be appropriated9905 | -€769 | €2,243 | €553 | -€10,242 | ▼ 1,951% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €36,398 | €28,656 | €29,358 | €13,673 | ▼ 53.4% |
| Fixed assets21/28 | €2,378 | €2,378 | €2,378 | €2,378 | = |
| Financial fixed assets28 | €2,378 | €2,378 | €2,378 | €2,378 | = |
| Current assets29/58 | €34,020 | €26,278 | €26,981 | €11,295 | ▼ 58.1% |
| Stocks and contracts in progress3 | €28,488 | €22,004 | €21,465 | - | - |
| Amounts receivable within one year40/41 | €720 | €538 | €361 | €9,229 | ▲ 2,456% |
| Other amounts receivable41 | - | - | - | €9,229 | - |
| Cash at bank and in hand54/58 | €4,634 | €3,735 | €5,155 | €1,998 | ▼ 61.2% |
| Deferred charges and accrued income490/1 | - | - | - | €68 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €36,398 | €28,656 | €29,358 | €13,673 | ▼ 53.4% |
| Equity10/15 | €19,844 | €22,087 | €22,640 | €12,399 | ▼ 45.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €280 | €280 | €468 | €468 | = |
| Non-distributable reserves130/1 | - | - | - | €468 | - |
| Reserves not available under the articles1311 | - | - | - | €468 | - |
| Profit (loss) carried forward14 | €964 | €3,207 | €3,572 | -€6,669 | ▼ 287% |
| Amounts payable17/49 | €16,554 | €6,569 | €6,718 | €1,274 | ▼ 81.0% |
| Amounts payable after more than one year17 | €12,000 | €1,741 | - | - | - |
| Amounts payable within one year42/48 | €4,554 | €4,828 | €6,718 | €1,274 | ▼ 81.0% |
| Trade debts44 | €1,533 | €1,579 | €1,058 | €390 | ▼ 63.1% |
| Suppliers440/4 | - | - | - | €390 | - |
| Taxes, remuneration and social security45 | - | - | - | €274 | - |
| Taxes450/3 | - | - | - | €274 | - |
| Other amounts payable47/48 | - | - | - | €610 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€769 | €2,243 | €553 | -€10,242 | ▼ 1,951% |
| Operating cash flow (approximation) | -€769 | €2,243 | €553 | -€10,242 | ▼ 1,951% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | -€899 | €1,419 | -€3,157 | ▼ 322% |
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
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€10,242
Net result drops to -€10,242, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 8.87
Current ratio from 4.02 to 8.87; short-term debt falls from €6,718 to €1,274.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
31-12
Financial
Back to profitnet €2,243
Net result €2,243 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 28 days late
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 14 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
2016
25-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
10-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
30-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
20-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Anderlecht
Ground area
155 m²
Building footprint
143 m²
Volume, LiDAR
1,802 m³
Parcel 21306D0197/00Y000, Brussels · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306D0197/00Y000 | Brussels | 155 m² | 1 · 143 m² | 14.9 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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded03-09-2009
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.