Teman Services
ActiveSummary
The computed 12-month bankruptcy probability of Teman Services is 3.0% (moderate). The 2025 annual accounts show equity of €17,858 and a net result of -€8,595. Equity is shrinking by ~25.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 80% of 28254 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32=
Track record94
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 3.54 against 4.69 in 2024; short-term debt: 24.4% and cash: 25.6% of total assets), and 24.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
75.6%
Return on assets
-36.4%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
232425
2023 to 2025 · latest year -€8,595
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
2 d late
2024
5 d late
2023
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 2 days after 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 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 2 February (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€17,858▼ 32.5%
2024 · €26,453
Total assets
€23,628▼ 27.6%
2024 · €32,627
Net result
-€8,595▼ 80.4%
2024 · -€4,765
Working capital
€14,634▼ 35.7%
2024 · €22,769
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Line202320242025
Operating result€39,114--€4,024-€8,572▼ 113%
Net result€29,019above the sector's middle half--€4,765below the sector's middle half-€8,595below the sector's middle half▼ 80.4%
Equity€31,219within the sector's middle half-€26,453within the sector's middle half▼ 15.3%€17,858below the sector's middle half▼ 32.5%
Total assets€66,975within the sector's middle half-€32,627below the sector's middle half▼ 51.3%€23,628below the sector's middle half▼ 27.6%
Debt€35,756-€6,173▼ 82.7%€5,769▼ 6.5%
Working capital€42,913within the sector's middle half-€22,769within the sector's middle half▼ 46.9%€14,634within the sector's middle half▼ 35.7%
Solvency46.6%within the sector's middle half-81.1%above the sector's middle half▲ 34.5pp75.6%above the sector's middle half▼ 5.5pp
Current ratio3.01within the sector's middle half-4.69above the sector's middle half▲ 1.683.54above the sector's middle half▼ 1.15
Return on assets (ROA)43.3%above the sector's middle half--14.6%below the sector's middle half▼ 57.9pp-36.4%below the sector's middle half▼ 21.8pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8,572 in 2025 against €4,024 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23,628
Fixed assets
€3,225 ▼ 12.5%
Current assets
€20,403 ▼ 29.5%
Equity and liabilities €23,628
Equity
€17,858 ▼ 32.5%
Debt
€5,769 ▼ 6.5%
Debt's share of the balance-sheet total rises from 18.9% to 24.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€7,872▼
2024 · -€3,904
Cash flow
-€7,895▼
2024 · -€4,645
Debt to equity
0.32▲
2024 · 0.23
ROE
-48.1%▼
2024 · -18.0%
Interest coverage
-13.12▼
2024 · -5.62
Debt ≤ 1 year
€5,769▼
2024 · €6,173
Income taxes
€171▲
2024 · €160
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,227 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 87% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.9%
went bankrupt
8.6%
stopped otherwise
87%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.0% 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 3,227 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 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Non-recurring operating income76A | - | €349 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,549 | €120 | €700 | ▲ 481% |
| Other operating charges640/8 | €65 | - | €4,259 | - |
| Gross operating margin9900 | €40,728 | -€3,904 | -€3,613 | ▲ 7.4% |
| Operating profit (loss)9901 | €39,114 | -€4,024 | -€8,572 | ▼ 113% |
| Financial income75/76B | €15 | €112 | €748 | ▲ 567% |
| Recurring financial income75 | €15 | €112 | €748 | ▲ 567% |
| Financial charges65/66B | €1,033 | €694 | €600 | ▼ 13.6% |
| Recurring financial charges65 | €1,033 | €694 | €600 | ▼ 13.6% |
| Profit (loss) for the period before taxes9903 | €38,097 | -€4,606 | -€8,424 | ▼ 82.9% |
| Income taxes67/77 | €9,078 | €160 | €171 | ▲ 7.1% |
| Profit (loss) for the period9904 | €29,019 | -€4,765 | -€8,595 | ▼ 80.4% |
| Profit (loss) for the period to be appropriated9905 | €29,019 | -€4,765 | -€8,595 | ▼ 80.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €66,975 | €32,627 | €23,628 | ▼ 27.6% |
| Fixed assets21/28 | €2,726 | €3,685 | €3,225 | ▼ 12.5% |
| Tangible fixed assets22/27 | €2,451 | €3,380 | €2,680 | ▼ 20.7% |
| Furniture and vehicles24 | €2,451 | €3,380 | €2,680 | ▼ 20.7% |
| Financial fixed assets28 | €275 | €305 | €545 | ▲ 78.7% |
| Current assets29/58 | €64,248 | €28,942 | €20,403 | ▼ 29.5% |
| Amounts receivable within one year40/41 | €19,966 | €10,448 | €13,988 | ▲ 33.9% |
| Trade receivables40 | €16,939 | €9,705 | €9,011 | ▼ 7.2% |
| Other amounts receivable41 | €3,027 | €743 | €4,977 | ▲ 570% |
| Cash at bank and in hand54/58 | €43,945 | €17,756 | €6,056 | ▼ 65.9% |
| Deferred charges and accrued income490/1 | €338 | €738 | €360 | ▼ 51.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €66,975 | €32,627 | €23,628 | ▼ 27.6% |
| Equity10/15 | €31,219 | €26,453 | €17,858 | ▼ 32.5% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €28,219 | €23,453 | €14,858 | ▼ 36.6% |
| Distributable reserves133 | €28,219 | €23,453 | €14,858 | ▼ 36.6% |
| Amounts payable17/49 | €35,756 | €6,173 | €5,769 | ▼ 6.5% |
| Amounts payable within one year42/48 | €21,335 | €6,173 | €5,769 | ▼ 6.5% |
| Trade debts44 | €3,533 | €1,328 | €5,599 | ▲ 322% |
| Suppliers440/4 | €3,533 | €1,328 | €5,599 | ▲ 322% |
| Taxes, remuneration and social security45 | €16,932 | €4,845 | €171 | ▼ 96.5% |
| Taxes450/3 | €16,762 | €2,110 | €171 | ▼ 91.9% |
| Remuneration and social security454/9 | €169 | €2,735 | - | - |
| Other amounts payable47/48 | €871 | - | - | - |
| Accrued charges and deferred income492/3 | €14,421 | - | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,019 | -€4,765 | -€8,595 | ▼ 80.4% |
| + Depreciation and write-downs630 | €1,549 | €120 | €700 | ▲ 481% |
| Operating cash flow (approximation) | €30,567 | -€4,645 | -€7,895 | ▼ 70.0% |
| Investment in fixed assets (approximation) | - | -€1,079 | -€240 | ▲ 77.8% |
| Change in cash | - | -€26,189 | -€11,701 | ▲ 55.3% |
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
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
30-06
Financial
Weakest financial yearnet -€8,595
Net result drops to -€8,595, the lowest in the series.
05-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Dendermonde · 1 establishment unit since 2021
Ground area
357 m²
Building footprint
94 m²
Volume, LiDAR
348 m³
Parcel 42021D0180/02N000, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Teman Services
since 20212.323.057.354
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021D0180/02N000 | Flanders | 357 m² | 1 · 94 m² | 6.6 m · 1 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.
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Of 7,043 companies in sector 43221 we hold annual accounts for 3,476. 2,353 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
Founded13-10-2021
Fiscal year end30-06
Activities, NACEBEL 2025
43221Plumbing work
41001General construction of residential buildings
43211General electrical installation work
81300Landscape service activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0775704644
Also
9925:BE0775704644
Registered
18-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.