TEMPCO
ActiveSummary
TEMPCO has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €176,864 and a net result of -€140,745. Equity has been stable since 2018 (±2.4% per year). Its solvency ranks better than 14% of 6,172 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 29-03-1996 Normal situation
- Activity
- Wholesale trade NACE 46646and 2 others
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2024
- Establishment units
- 2.076.443.960 4040 Herstal, since 07-05-1996
- 2.243.284.257 3500 Hasselt, since 20-05-2015
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
Board
- SEDGEManaging director · permanent representative BONHOMME Frédéric
- DJODirector · since 12-06-2023 · permanent representative DEQUEKER Jocelyne
- FIDUCIAIRE AU CARREDirector · since 12-06-2023 · permanent representative DENYS Bernard
Shareholders
- SEDGE100%· score 942025 annual accounts of SEDGE
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.5%
Annual accounts 2025
- Gross margin
- €573,525
- ▼ 17.0%
- Turnover
- ≈ €2.9m
- estimated
- Loss
- €140,745
- Equity
- €176,864
- ▼ 44.3%
- Total assets
- €1.6m
- ▼ 7.4%
- Employees on 31-12-2025
- 6
- =
Score breakdownraises riskLoss of €140,745 (financial year 2025)Equity €176,864 (10.9% of total assets)Sector: Wholesale trade (NACE 46)lowers riskLegal form: public limited companyShow the evidence
Checked score
Score 2025
62
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 20% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Weak
Solvency
36-7
equity 10.9% of total assets
Liquidity
27-2
short-term debt 70.7% · cash 11.9%
Profitability
16-31
return on assets -8.7%
Bankruptcy probability within 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025lowest value
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.3%▲ +0.1 percentage points vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%▼ -0.1 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.4%▲ +0.1 percentage points vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.4%● unchanged vs 06-2026
08-2026: 1.5%▲ +1.1 percentage points vs 07-2026highest value
09-2026: 1.5%● unchanged vs 08-2026highest value
10-2026: 1.5%● unchanged vs 09-2026highest value
11-2026: 1.5%● unchanged vs 10-2026highest value
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.94 (1.07 in 2024), below 1. Short-term debt is 70.7% and cash 11.9% of total assets. 89.1% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 24% of them on solvency, 25% on liquidity, 20% on profitability and 11% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 6172 sector peers (2025).
NBB · sector comparisonPosition among 6172 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
22 days early
2023
47 days early
2022
14 days early
2021
32 days early
2020
24 days late
2019
7 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, full format
Annual accounts 2025 filed on 31-07-2026 at the NBB all 29 filings
Turnover
≈ €2.9m
Estimated: probably between €1.9m and €4.9m
EBIT margin
Not included in this filing
Net result
-€140,745
2024 · €6,779
Working capital
-€72,124
2024 · €77,005
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€85,763
2025
20182025
Net result
-€140,745
2025
lowest quarter of the sector
20182025
Equity
€176,864
▼ 44.3%
2025
lowest quarter of the sector
20182025
Total assets
€1.6m
▼ 7.4%
2025
middle half of the sector
20182025
Debt
€1.4m
▲ 1.1%
2025
20182025
Working capital
-€72,124
2025
lowest quarter of the sector
20182025
Solvency
10.9%
▼ 7.3pp
2025
lowest quarter of the sector
20182025
Current ratio
0.94
▼ 0.14
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
-8.7%
▼ 9.1pp
2025
lowest quarter of the sector
20182025
Staff (FTE)
4.8
▼ 4.0%
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.04m-€0.1m▲ 213%-€0.002m€0.01m€0.04m▲ 230%€0.05m▲ 23.2%€0.04m▼ 11.3%-€0.09m
Net result€0.02m-€0.08m▲ 325%-€0.01mbelow the sector's middle half€0.001mbelow the sector's middle half€0.02mwithin the sector's middle half▲ 18×€0.01mwithin the sector's middle half▼ 39.3%€0.007mwithin the sector's middle half▼ 39.8%-€0.1mbelow the sector's middle half
Equity€0.2m-€0.3m▲ 50.8%€0.3mwithin the sector's middle half▼ 5.7%€0.3mwithin the sector's middle half▼ 0.3%€0.3mwithin the sector's middle half▲ 5.8%€0.3mwithin the sector's middle half▲ 3.1%€0.3mwithin the sector's middle half▲ 2.1%€0.2mbelow the sector's middle half▼ 44.3%
Total assets€1.1m-€1.2m▲ 9.0%€1.2mwithin the sector's middle half▲ 1.3%€1.2mwithin the sector's middle half▼ 0.1%€1.6mwithin the sector's middle half▲ 33.1%€1.7mwithin the sector's middle half▲ 2.9%€1.7mwithin the sector's middle half▲ 5.2%€1.6mwithin the sector's middle half▼ 7.4%
Debt€0.8m-€0.8m▲ 0.2%€0.9m▲ 4.5%€0.9m▲ 0.5%€1.3m▲ 44.3%€1.3m▲ 3.3%€1.4m▲ 6.4%€1.4m▲ 1.1%
Working capital€0.03m-€0.2m▲ 593%€0.2mwithin the sector's middle half▼ 14.5%€0.2mwithin the sector's middle half▼ 8.1%€0.2mwithin the sector's middle half▼ 12.0%€0.1mwithin the sector's middle half▼ 36.9%€0.08mbelow the sector's middle half▼ 25.2%-€0.07mbelow the sector's middle half
Solvency18.3%-25.3%▲ 7.0pp23.6%within the sector's middle half▼ 1.7pp23.5%within the sector's middle half=18.7%below the sector's middle half▼ 4.8pp18.7%below the sector's middle half=18.2%below the sector's middle half▼ 0.6pp10.9%below the sector's middle half▼ 7.3pp
Current ratio1.05-1.48▲ 0.431.39within the sector's middle half▼ 0.091.35within the sector's middle half▼ 0.051.18within the sector's middle half▼ 0.171.10below the sector's middle half▼ 0.071.07below the sector's middle half▼ 0.030.94below the sector's middle half▼ 0.14
Return on assets (ROA)1.7%-6.7%▲ 5.0pp-1.1%below the sector's middle half▼ 7.8pp0.1%below the sector's middle half▲ 1.2pp1.2%within the sector's middle half▲ 1.1pp0.7%within the sector's middle half▼ 0.5pp0.4%within the sector's middle half▼ 0.3pp-8.7%below the sector's middle half▼ 9.1pp
Staff (FTE)2.3-2.1▼ 8.7%2.8below the sector's middle half▲ 33.3%2.8below the sector's middle half=3.8within the sector's middle half▲ 35.7%3.8within the sector's middle half=5within the sector's middle half▲ 31.6%4.8within the sector's middle half▼ 4.0%
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €85,763, after a profit of €43,839 in 2024. It is the lowest result since 2021.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets
€545,897 ▼ 11.0%
Current assets
€1.1m ▼ 5.4%
Equity and liabilities €1.6m
Equity
€176,864 ▼ 44.3%
Provisions
€29,195 ▼ 11.1%
Debt
€1.4m ▲ 1.1%
Debt's share of the balance-sheet total rises from 79.9% to 87.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€57,380▼
2024 · €182,705
Cash flow
€2,398▼
2024 · €145,646
Quick ratio
0.59▼
2024 · 0.71
Debt to equity
7.98▲
2024 · 4.39
ROE
-79.6%▼
2024 · 2.1%
Interest coverage
0.97▼
2024 · 3.28
Debt ≤ 1 year
€1.1m▲
2024 · €1.1m
Debt > 1 year
€246,553▼
2024 · €315,279
Income taxes
-€3▲
2024 · -€4,245
Staff costs
€476,082▼
2024 · €498,475
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 4 | 4 | 6 | 6 |
| full-time | 2 | 3 | 3 | 4 | 5 |
| part-time | 1 | 1 | 1 | 2 | 1 |
| in full-time equivalents | 2.8 | 3.8 | 3.8 | 5.3 | 5.8 |
| Average over the year, in full-time equivalents | 2.8 | 3.8 | 3.7 | 5 | 4.8 |
| On a permanent contract | 3 | 4 | 4 | 6 | 6 |
| Joined | - | 1 | 1 | 2 | 2 |
| Left | - | 0 | 1 | 0 | 2 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €161,215 | €161,215 | €161,215 | €161,215 | €161,215 |
| Carrying value of the mortgaged assets | €373,714 | €368,981 | €365,300 | €341,527 | €3.3m |
| Pledge on the business | - | €427,500 | €427,500 | €427,500 | €427,500 |
| Carrying value of the other pledged assets | €302,500 | - | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €24,598 | €69,096 | €59,390 | €34,190 | €14,513 |
| Intangible fixed assets | €53,528 | €67,217 | €87,991 | €157,067 | €61,100 |
| Financial fixed assets | - | €247 | - | - | €239 |
| Depreciation and write-downs of the year | €72,380 | €86,973 | €112,439 | €138,866 | €143,143 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €7,167 | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €181,965 | €325,296 | €356,619 | €498,475 | €476,082 | ▼ 4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €27,090 | €53,127 | €58,180 | €72,380 | €86,973 | €112,439 | €138,866 | €143,143 | ▲ 3.1% |
| Other operating charges640/8 | - | - | - | €7,520 | €6,988 | €12,223 | €9,761 | €14,412 | ▲ 47.6% |
| Non-recurring operating charges66A | - | - | - | - | €124 | €0 | - | €25,651 | - |
| Gross operating margin9900 | €196,409 | €292,780 | €217,452 | €274,039 | €459,502 | €530,706 | €690,942 | €573,525 | ▼ 17.0% |
| Operating profit (loss)9901 | €37,301 | €116,798 | -€2,248 | €12,175 | €40,121 | €49,424 | €43,839 | -€85,763 | - |
| Financial income75/76B | - | - | - | €5,139 | €6,333 | €10,120 | €10,193 | €813 | ▼ 92.0% |
| Recurring financial income75 | €15,193 | €5,144 | €6,809 | €5,139 | €6,333 | €10,120 | €10,193 | €813 | ▼ 92.0% |
| Financial charges65/66B | - | - | - | €20,919 | €32,386 | €40,601 | €55,618 | €59,449 | ▲ 6.9% |
| Recurring financial charges65 | €35,053 | €28,932 | €20,027 | €20,919 | €27,215 | €40,601 | €55,618 | €59,449 | ▲ 6.9% |
| Non-recurring financial charges66B | - | - | - | - | €5,172 | €0 | - | - | - |
| Profit (loss) for the period before taxes9903 | €17,442 | €93,010 | -€15,465 | -€3,605 | €14,068 | €18,944 | -€1,587 | -€144,399 | ▼ 9,000% |
| Transfer from deferred taxes780 | - | - | - | €4,855 | €4,855 | €4,325 | €4,121 | €3,650 | ▼ 11.4% |
| Income taxes67/77 | €114 | €17,527 | €2,677 | €203 | €364 | €12,000 | -€4,245 | -€3 | ▲ 99.9% |
| Profit (loss) for the period9904 | €18,986 | €80,653 | -€13,287 | €1,047 | €18,559 | €11,269 | €6,779 | -€140,745 | - |
| Profit (loss) for the period to be appropriated9905 | €18,986 | €80,653 | -€13,287 | €1,047 | €18,559 | €11,269 | €6,779 | -€140,745 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.1m | €1.2m | €1.2m | €1.2m | €1.6m | €1.7m | €1.7m | €1.6m | ▼ 7.4% |
| Formation expenses20 | €0.002m | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €0.4m | €0.5m | €0.5m | €0.5m | €0.5m | €0.6m | €0.6m | €0.5m | ▼ 11.0% |
| Intangible fixed assets21 | €0.002m | - | €0.06m | €0.09m | €0.1m | €0.2m | €0.2m | €0.2m | ▼ 9.1% |
| Tangible fixed assets22/27 | €0.4m | €0.5m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | ▼ 12.4% |
| Land and buildings22 | - | - | - | €0.4m | €0.4m | €0.4m | €0.3m | €0.3m | ▼ 13.2% |
| Plant, machinery and equipment23 | - | - | - | €0.006m | €0.005m | €0.004m | €0.002m | €0.001m | ▼ 52.1% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 7.5% |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | ▲ 23.9% |
| Current assets29/58 | €0.7m | €0.7m | €0.7m | €0.7m | €1.1m | €1.1m | €1.1m | €1.1m | ▼ 5.4% |
| Amounts receivable after more than one year29 | - | - | - | €0.004m | €0.004m | €0.004m | €0.004m | €67 | ▼ 98.3% |
| Trade receivables290 | - | - | - | €0.004m | €0.004m | €0.004m | €0.004m | €67 | ▼ 98.3% |
| Stocks and contracts in progress3 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | ▲ 5.2% |
| Stocks30/36 | - | - | - | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | ▲ 5.2% |
| Amounts receivable within one year40/41 | €0.4m | €0.4m | €0.3m | €0.4m | €0.6m | €0.5m | €0.6m | €0.5m | ▼ 20.2% |
| Trade receivables40 | - | - | - | €0.4m | €0.6m | €0.5m | €0.6m | €0.5m | ▼ 19.4% |
| Other amounts receivable41 | - | - | - | €0.001m | €0.005m | €0.01m | €0.02m | €0.01m | ▼ 39.7% |
| Cash at bank and in hand54/58 | €0.04m | €0.08m | €0.1m | €0.04m | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 27.9% |
| Deferred charges and accrued income490/1 | - | - | - | €0.005m | €0.002m | €0.005m | €0.02m | €0.02m | ▼ 10.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.1m | €1.2m | €1.2m | €1.2m | €1.6m | €1.7m | €1.7m | €1.6m | ▼ 7.4% |
| Equity10/15 | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 44.3% |
| Contributions10/11 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Capital10 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Issued capital100 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Uncalled capital101 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Reserves13 | €0.01m | €0.03m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Distributable reserves133 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Profit (loss) carried forward14 | -€0.06m | €0.005m | €0.002m | €0.003m | €0.02m | €0.03m | €0.04m | -€0.1m | - |
| Investment grants15 | - | - | - | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | ▲ 0.5% |
| Provisions and deferred taxes16 | €0.06m | €0.06m | €0.05m | €0.05m | €0.04m | €0.04m | €0.03m | €0.03m | ▼ 11.1% |
| Deferred taxes168 | - | - | - | €0.05m | €0.04m | €0.04m | €0.03m | €0.03m | ▼ 11.1% |
| Amounts payable17/49 | €0.8m | €0.8m | €0.9m | €0.9m | €1.3m | €1.3m | €1.4m | €1.4m | ▲ 1.1% |
| Amounts payable after more than one year17 | €0.1m | €0.3m | €0.4m | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 21.8% |
| Financial debts170/4 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.2m | ▼ 21.8% |
| Amounts payable within one year42/48 | €0.7m | €0.5m | €0.5m | €0.5m | €0.9m | €1.0m | €1.1m | €1.1m | ▲ 8.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.04m | €0.06m | €0.07m | €0.08m | €0.07m | ▼ 9.7% |
| Financial debts43 | - | - | - | €0.2m | €0.5m | €0.5m | €0.6m | €0.7m | ▲ 8.0% |
| Credit institutions430/8 | - | - | - | €0.2m | €0.5m | €0.5m | €0.6m | €0.7m | ▲ 8.0% |
| Trade debts44 | €0.4m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.2m | €0.3m | ▲ 23.0% |
| Suppliers440/4 | - | - | - | €0.2m | €0.2m | €0.3m | €0.2m | €0.3m | ▲ 23.0% |
| Advances received on contracts in progress46 | - | - | - | €0.02m | €0.02m | €0.02m | €0.008m | €0.01m | ▲ 56.3% |
| Taxes, remuneration and social security45 | - | - | - | €0.07m | €0.1m | €0.09m | €0.1m | €0.1m | ▼ 10.9% |
| Taxes450/3 | - | - | - | €0.04m | €0.06m | €0.04m | €0.04m | €0.04m | ▼ 17.6% |
| Remuneration and social security454/9 | - | - | - | €0.03m | €0.05m | €0.05m | €0.08m | €0.08m | ▼ 7.5% |
| Accrued charges and deferred income492/3 | - | - | - | €0.006m | €0.008m | €0.02m | €0.02m | €0.02m | ▼ 13.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,986 | €80,653 | -€13,287 | €1,047 | €18,559 | €11,269 | €6,779 | -€140,745 | - |
| + Depreciation and write-downs630 | €27,090 | €53,127 | €58,180 | €72,380 | €86,973 | €112,439 | €138,866 | €143,143 | ▲ 3.1% |
| Operating cash flow (approximation) | €46,077 | €133,780 | €44,893 | €73,427 | €105,532 | €123,708 | €145,646 | €2,398 | ▼ 98.4% |
| Investment in fixed assets (approximation) | - | -€150,985 | -€85,316 | -€67,787 | -€117,888 | -€147,380 | -€191,257 | -€75,851 | ▲ 60.3% |
| Change in cash | - | €42,068 | €36,206 | -€83,860 | €87,369 | €81,443 | -€55,038 | €41,944 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,450 companies had the same profile as TEMPCO has now. Two years later, 93.3% were still going and 1.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 10 to 30%
- a small loss
93.3%
was still going
5.1%
stopped otherwise
1.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TEMPCO itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,450 companies, not a prediction for TEMPCO. 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.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 31-07-2026 | 2026-00368221 | |
| 31-12-2024 | full format | 09-07-2025 | 2025-00266069 | |
| 31-12-2023 | full format | 14-06-2024 | 2024-00142696 | |
| 31-12-2022 | full format | 17-07-2023 | 2023-00247483 | |
| 31-12-2021 | full format | 29-06-2022 | 2022-20116342 | |
| 31-12-2020 | full format | 24-08-2021 | 2021-52300448 | |
| 31-12-2019 | full format | 24-07-2020 | 2020-36000430 | |
| 31-12-2018 | full format | 16-07-2019 | 2019-33500477 | |
| 31-12-2017 | full format | 24-07-2018 | 2018-36800598 | |
| 31-12-2016 | full format | 16-08-2017 | 2017-43700274 |
Board & ownership
Directors
Directors
3 directors, 1 in day-to-day management
Board 3
DJO
Current
Director · since 12-06-2023 · Limited partnership · permanent representative: DEQUEKER Jocelyne · listed in the 2025 annual accounts, filed on 31-07-2026
FIDUCIAIRE AU CARRE
Current
Director · since 12-06-2023 · Private limited company · permanent representative: DENYS Bernard · listed in the 2025 annual accounts, filed on 31-07-2026
SEDGE
Current
Director · in office according to the act of 12-06-2023 · Public limited company · permanent representative: BONHOMME Frédéric · listed in the 2025 annual accounts, filed on 31-07-2026
Day-to-day management 1
SEDGE
Current
Managing director · in office according to the act of 12-06-2023 · Public limited company · permanent representative: BONHOMME Frédéric
Permanent representatives 3
BONHOMME Frédéric
Current
Permanent representative · in office according to the act of 12-06-2023 · for SEDGE
DENYS Bernard
Current
Permanent representative · in office according to the act of 12-06-2023 · for FIDUCIAIRE AU CARRE
DEQUEKER Jocelyne
Current
Permanent representative · in office according to the act of 12-06-2023 · for DJO
Owners and capital
Shareholders
1 ownerChain of control
- SEDGE
- TEMPCO
Owners 1
- SEDGEparentSourceaccounts SEDGE 2025Equity €337,163 Profit of €37,740 in 2025 (profit of €41,647 in 2024) Checked score 94100%
Capital transactions
Capital over time
- 12-06-2023 Capital stated in the deed · €259,087.86 · 1,262 shares
Mandate history
3 people, 3 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| DJO |
|
| FIDUCIAIRE AU CARRE |
|
| SEDGE |
|
Network & group
Connections & network
3 current directorsThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
31-07
full format · on the deadline day
2025
31-12
Financial
Weakest financial yearnet -€140,745
The net result drops to -€140,745, the lowest from 2018 to 2025.
09-07
full format · 22 days before the deadline
2024
14-06
full format · 47 days before the deadline
2023
17-07
full format · 14 days before the deadline
12-06
Gazette deed
Reappointments: SEDGE, DJO and ALLEMAND & DENYS – FIDUCIAIRE AU CARREPermanent representatives: BONHOMME Frédéric, DEQUEKER Jocelyne and DENYS Bernard · Amendment of the articles · Capital15 points ▸
Gazette deed
Reappointments: SEDGE, DJO and ALLEMAND & DENYS – FIDUCIAIRE AU CARRE
Permanent representatives: BONHOMME Frédéric, DEQUEKER Jocelyne and DENYS Bernard · Amendment of the articles · Capital15 points ▸
- General meeting, 05-06-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital, €259,087.86
- General meeting, “adoptée” (deed in French)
- Registered office clause, “unanimité, 4040 Herstal,Quatrième Avenue 114” (deed in French)
- General meeting, “unanimité” (deed in French)
- Director reappointment, SEDGE (director)
- Permanent representative, BONHOMME Frédéric
- Director reappointment, DJO (director)
- Permanent representative, DEQUEKER Jocelyne
- Director reappointment, ALLEMAND & DENYS – FIDUCIAIRE AU CARRE (director)
- Permanent representative, DENYS Bernard
- The act holds 3 more points.
2022
29-06
full format · 32 days before the deadline
2021
31-12
Financial
Back to profitnet €1,047
The net result is €1,047, after one loss-making year.
24-08
full format · 24 days late
2020
24-07
full format · 7 days before the deadline
2019
31-12
Financial
Highest result from 2018 to 2025net €80,653 ▲325%
The operating result of €116,798 and the net result of €80,653 are both a record.
16-07
full format · 15 days before the deadline
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
TEMPCO in French
Enterprise number
0457.527.323
Legal form
Public limited company
Status
Active, normale toestand
Founded
29-03-1996
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 12-06-2023 (in French)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région wallonne, Article deux”
deed of 12-06-2023 (in French)Registered office and establishments
Registered office
Parc Ind. des Hauts Sarts, 4e av 114, 4040 Herstal, Belgium
Establishment units
Parc Ind. des Hauts Sarts, 4e av 114, 4040 Herstal since 07-05-1996 · unit number 2.076.443.960
TEMPCO, Hendrik van Veldekesingel 150, 3500 Hasselt since 20-05-2015 · unit number 2.243.284.257
E-mail
JD@TEMPCO.BEHasselt
Phone
+32495770708Hasselt
Activities
NACEBEL 2025VAT activities
46646
Wholesale trade main activity
68201
Renting and operating of own or leased residential real estate, excluding social housing
82990
Other business support services
Social security (RSZ) activities
46646
Wholesale trade main activity
Codes under NACEBEL 2008
VAT activities
46696
Wholesale trade main activity
68201
Real estate activities
82990
Other business support services
Social security (RSZ) activities
46696
Wholesale trade main activity
Codes under NACEBEL 2003
70201
74879
Joint committee
200 Aanvullend Paritair Comité voor de bedienden annual accounts 2024
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 12-06-2023 (in French)
“La gestion de tout patrimoine immobilier,notamment l’acquisition,la construction,l’aménagement,la location,la sous-location,l’échange et la…”
6 activities
- La gestion de tout patrimoine immobilier,notamment l’acquisition,la construction,l’aménagement,la location,la sous-location,l’échange et la vente de tout immeuble tant en usufruit qu’en nue-propriété et qu’en pleine propriété
- Le développement de projets immobiliers,industriels,commerciaux et financiers
- La réalisation de toutes les manières qui lui paraitront les mieux appropriées,de toutes opérations se rapportant directement ou indirectement à toutes transactions immobilières,notamment l’achat,la constitution,la vente,la location,la sous-location,la location-vente,l’exploitation,la gestion ou l’administration,la concession,le leasing et l’emphytéose,la construction,l’appropriation,la transformation,la mise en valeur,le lotissement,la division de tous biens immeubles bâtis ou non bâtis
- La gestion de tout patrimoine mobilier comprenant notamment l’acquisition et la vente de toutes formes de titres,actions,obligations,participations ou autres valeurs de portefeuille,de quelque nature que ce soit
- La réalisation de tous services et produits se rapportant,directement ou indirectement,tant pour son compte que pour le compte de tiers,tant en Belgique qu’à l’étranger,à l’assistance aux entreprises industrielles,commerciales ou autres,aux administrations,institutions ou organes publics,ainsi qu’aux associations de tous types et aux particuliers,sous forme d’études,de recherches et/ou conseils en tout matière,et notamment en matière de produits et services de toute nature,de marketing,de project management,de formation,motivation et organisation du management;ainsi que de la commercialisation sous toutes ses formes
- Toutes les opérations généralement quelconques se rapportant directement ou indirectement à la vente,l’importation,l’exportation,la représentation,la fabrication,l’installation,la maintenance ou la prestation de services relatifs à des biens d’équipements industriels se rapportant principalement à la mesure,à la régulation et au contrôle de pressions,de températures,niveaux,débits,concentration chimique,ou de toute autre grandeur physique ou chimique
Invoicing and payment
VAT number
BE 0457.527.323
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Cannot be placed on the map
This address was not found in the Belgian address register (BOSA BEST).
Parc Ind. des Hauts Sarts, 4e av 1144040 HerstalBuildings and parcels at the addresses
Ground area
5,413 m²
Building footprint
1,479 m²
Building volume
15,491 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71326F0010/00C003 | Flanders | 5,413 m² | 1 · 1,479 m² | 20.9 m · 4 |