Losses
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
The 2024 accounts came latest: 5 days after the end of the period.
Lower net result than 86% of companies in specialised construction. Sector median €9,998 · 37,193 companies.
In July 2024, 3,601 companies had the same profile as Teman Services has now. Each dot stands for 10 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
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 3,601 companies, not a prediction for Teman Services. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| Teman Services Dendermonde | €23,628 | -€3,613 | 75.6% | - |
| Las- en Konstruktiebedrijf Niekamp Belgium Antwerp | €27,212 | -€5,047 | -848.4% | - |
| Loodgieter Scheerlinck Lede | €20,591 | -€802 | 60.6% | - |
| PETER HAEGEMAN Sint-Lievens-Houtem | €23,999 | -€23,288 | 89.4% | - |
| COSA Ghent | €32,821 | -€3,521 | 89.7% | - |
| NJS COMFORT Sint-Genesius-Rode | €23,610 | -€12,911 | 48.8% | - |
| TALENTCO Wemmel | €21,319 | -€352 | 44.8% | - |
These companies have the same main activity as Teman Services: plumbing work (NACE 43221). They are comparable in size and age: total assets between €20,600 and €32,800, founded between 2019 and 2022.
Teman Services files the micro format. That format states no turnover. The gross margin fell from €40,728 in 2023 to -€3,613 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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