Tellus Growing Media Solutions
Tellus Growing Media Solutions is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €12.43M and a net result of €3.13M. Its solvency ranks better than 51% of 681 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €12.43M |
| Net result | €3.13M |
| Staff (FTE) | 0.7 |
| Better than sector | 51% |
This figure rests on 3 of 5 axes. Too few to say where this company is strong or weak.
Computed on 3 of 5 axes. Not measured: health, growth. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 45.5% | 44.8% | |
| Net result | €3.13M | €47k | |
| Equity | €12.43M | €1.35M | |
| Staff costs | €104k | €196k | |
| Employees (FTE) | 0.7 | 1.3 |
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €3.13M |
| Cash flow | n/a |
| Staff costs | €104k |
| Income taxes | €45k |
| Dividends | - |
| Total assets | €27.30M |
| Equity | €12.43M |
| Debt | €14.87M |
| of which ≤ 1y | €9.77M |
| of which > 1y | €5.05M |
| Working capital | n/a |
| Employees (FTE) | 0.7 |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 45.5% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 11.5% |
| ROE | 25.2% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €27.30M |
| Fixed assets | 21/28 | €14.81M |
| Financial fixed assets | 28 | €14.81M |
| Current assets | 29/58 | €12.49M |
| Amounts receivable within one year | 40/41 | €11.78M |
| Cash & bank | 54/58 | €89k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €27.30M |
| Equity | 10/15 | €12.43M |
| Contributions / capital | 10/11 | €9.30M |
| Reserves | 13 | €3.13M |
| Amounts payable | 17/49 | €14.87M |
| Amounts payable after one year | 17 | €5.05M |
| Amounts payable within one year | 42/48 | €9.77M |
| Trade debts payable within one year | 44 | €252k |
| Income statement | ||
| Turnover | 70 | €2.24M |
| Operating result | 9901 | €115k |
| Financial income | 75 | €3.78M |
| Financial charges | 65 | €718k |
| Result before taxes | 9903 | €3.18M |
| Income taxes | 67/77 | €45k |
| Net result for the period | 9904 | €3.13M |
| Result to be appropriated | 9905 | €3.13M |
| NACE primary | Activiteiten van holdings(64210) |
| Legal form | Public limited company(014) |
| Incorporation | 01-04-2023 |
| Status | Active |
| Postal code | 2280 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13010E0135/00A000 | Flanders | 5,230 m² | 1 · 1,002 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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.
01-02-2024 Capital increase of €300,000 to €9,300,000
- €9.000.000 → €9.300.000
- Inbreng in natura · Apport en nature
Technical details
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"act_meta": {
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"pub_date": "2024-02-01",
"filing_date": "2024-01-30",
"act_kind_objet": "Onderwerp akte:"
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"bedrijfsrevisor": {
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"firm_kbo": "0431.088.289",
"firm_name": "BDO Bedrijfsrevisoren",
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"co_filed_documents": [
"expedition proces-verbaal statutenwijziging d.d. 11 december 2023",
"verslag bedrijfsrevisor d.d. 5 december 2023",
"verslag bestuursorgaan d.d. 7 december 2023",
"co\u00F6rdinatie statuten per 11 december 2023"
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}| Legal nameNL | Tellus Growing Media Solutions |
| AbbreviationNL | TGMS |