TEN BELLINCK
ActiveThe computed 12-month bankruptcy probability of TEN BELLINCK is 1.9% (moderate). The 2025 annual accounts show equity of €78k and a net result of €7k. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 55% of 27676 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-1
Solvency76▲+9
Growth52=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 1.73 against 1.49 in 2024; short-term debt: 40.2% and cash: 7.5% of total assets), and 48.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.3%
Return on assets
4.7%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
35 d early
2022
24 d early
2021
30 d early
2020
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€78k▲ 10.1%
2024 · €71k
2020: €42k
2021: €54k
2022: €92k
2023: €75k
2024: €71k
2020 → 2025
Total assets
€151k▼ 10.7%
2024 · €170k
2020: €114k
2021: €128k
2022: €174k
2023: €165k
2024: €170k
2020 → 2025
Net result
€7k▼ 30.4%
2024 · €10k
2020: €32k
2021: €13k
2022: €38k
2023: €14k
2024: €10k
2020 → 2025
Working capital
€44k▲ 32.5%
2024 · €34k
2020: €18k
2021: €35k
2022: €49k
2023: €39k
2024: €34k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€92k▲ 70.7%€75k▼ 18.4%€71k▼ 6.4%€78k▲ 10.1%
Operating result€19k-€48k▲ 152%€21k▼ 56.1%€16k▼ 24.5%€13k▼ 16.2%
Net result€13k-€38k▲ 206%€14k▼ 64.6%€10k▼ 24.7%€7k▼ 30.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 16% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €151k
Fixed assets
€46k▼ 32.2%
Current assets
€105k▲ 3.7%
Equity and liabilities €151k
Equity
€78k▲ 10.1%
Debt
€74k▼ 25.5%
The debt ratio falls from 58.4% to 48.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€35k▼
2024 · €40k
Cash flow
€29k▼
2024 · €34k
Solvency
51.3%▲
2024 · 41.6%
Current ratio
1.73▲
2024 · 1.49
Quick ratio
0.99▲
2024 · 0.83
Debt / equity
0.95▼
2024 · 1.40
ROE
9.2%▼
2024 · 14.5%
ROA
4.7%▼
2024 · 6.0%
Interest coverage
14.27▼
2024 · 17.84
Debt
€74k▼
2024 · €99k
Debt ≤ 1 year
€61k▼
2024 · €68k
Debt > 1 year
€13k▼
2024 · €31k
Income taxes
€4k▲
2024 · €4k
Staff costs
€50k▲
2024 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€170k€151k▼
Fixed assets21/28€68k€46k▼
Tangible fixed assets22/27€68k€46k▼
Plant, machinery and equipment23€1k-
Leasing and similar rights25€67k€46k▼
Current assets29/58€102k€105k▲
Stocks and contracts in progress3€45k€45k=
Stocks30/36€45k€45k=
Amounts receivable within one year40/41€26k€46k▲
Trade receivables40€10k€33k▲
Other amounts receivable41€16k€13k▼
Cash at bank and in hand54/58€22k€11k▼
Deferred charges and accrued income490/1€8k€3k▼
Equity and liabilities
Total equity and liabilities10/49€170k€151k▼
Equity10/15€71k€78k▲
Contributions10/11€10k€10k=
Outside capital11€10k€10k=
Other1109/19€10k€10k=
Reserves13€61k€68k▲
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€60k€67k▲
Amounts payable17/49€99k€74k▼
Amounts payable after more than one year17€31k€13k▼
Financial debts170/4€31k€13k▼
Amounts payable within one year42/48€68k€61k▼
Current portion of amounts payable after more than one year42€29k€25k▼
Trade debts44€9k€35k▲
Suppliers440/4€9k€35k▲
Advances received on contracts in progress46€8k-
Taxes, remuneration and social security45€8k€1k▼
Taxes450/3€1k€1k▼
Remuneration and social security454/9€6k-
Other amounts payable47/48€15k-
Income statement
Code20242025
Remuneration, social security and pensions62€29k€50k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€22k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€73k€89k▲
Operating profit (loss)9901€16k€13k▼
Financial income75/76B€380€481▲
Recurring financial income75€380€481▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€14k€11k▼
Income taxes67/77€4k€4k▲
Profit (loss) for the period9904€10k€7k▼
Profit (loss) for the period to be appropriated9905€10k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€7k▼
Transfer from equity791/2€15k-
Transfer to equity691/2€10k€7k▼
To other reserves6921€10k€7k▼
Profit to be distributed694/7€15k-
Return on contributions (dividend)694€15k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €7k ▼30.4%
Net result drops to €7k, the lowest in the series.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2020net €38k ▲206%
Operating result €48k, net result €38k, both a record.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Lierde · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Geraardsbergsestraat 129570 LierdeGround area
1,661 m²
Building footprint
152 m²
Volume, LiDAR
1,083 m³
Parcel 45004B0419/00V000, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TEN BELLINCK
since 20192.294.085.434
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45004B0419/00V000 | Flanders | 1,661 m² | 1 · 151 m² | 11.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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GENIUS TECHNICAL MAINTENANCE
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Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,831 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-09-2019
Fiscal year end30-09
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
16230Manufacture of other builders' carpentry and joinery
23700Cutting, shaping and finishing of stone
43223Specialised construction activities
43992Specialised construction activities
43993Specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:tenbellinck@telenet.be