TENDRA
ActiveSummary
TENDRA has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €948k and a net result of €-22k. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 95% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability32▼-22
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
short-term debt: 0.2% and cash: 59.4% of total assets, and 0.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
99.8%
Return on assets
-2.3%
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 · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
2 d early
2022
18 d early
2021
30 d early
2020
5 d early
2019
14 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€948k▼ 9.4%
2024 · €1.05M
2018: €574klowest in 8 years
2019: €642k▲ +11.9% vs 2018
2020: €704k▲ +9.6% vs 2019
2021: €758k▲ +7.6% vs 2020
2022: €943k▲ +24.4% vs 2021
2023: €977k▲ +3.7% vs 2022
2024: €1.05M▲ +7.1% vs 2023highest in 8 years
2025: €948k▼ -9.4% vs 2024
2018 → 2025
Total assets
€950k▼ 10.6%
2024 · €1.06M
2018: €595klowest in 8 years
2019: €670k▲ +12.6% vs 2018
2020: €720k▲ +7.5% vs 2019
2021: €776k▲ +7.8% vs 2020
2022: €979k▲ +26.2% vs 2021
2023: €1.01M▲ +3.2% vs 2022
2024: €1.06M▲ +5.2% vs 2023highest in 8 years
2025: €950k▼ -10.6% vs 2024
2018 → 2025
Net result
€-22k
2024 · €70k
2018: €17k
2019: €76k▲ +355% vs 2018
2020: €62k▼ -18.8% vs 2019
2021: €71k▲ +15.1% vs 2020
2022: €203k▲ +185% vs 2021
2023: €279k▲ +37.1% vs 2022highest in 8 years
2024: €70k▼ -75.0% vs 2023
2025: €-22k▼ -131% vs 2024lowest in 8 years
2018 → 2025
Working capital
€576k▼ 13.3%
2024 · €664k
2018: €239klowest in 8 years
2019: €308k▲ +28.9% vs 2018
2020: €369k▲ +19.8% vs 2019
2021: €421k▲ +14.2% vs 2020
2022: €606k▲ +43.8% vs 2021
2023: €641k▲ +5.9% vs 2022
2024: €664k▲ +3.6% vs 2023highest in 8 years
2025: €576k▼ -13.3% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€758k-€943k▲ 24.4%€977k▲ 3.7%€1.05M▲ 7.1%€948k▼ 9.4%
2021: €758klowest in 5 years
2022: €943k▲ +24.4% vs 2021
2023: €977k▲ +3.7% vs 2022
2024: €1.05M▲ +7.1% vs 2023highest in 5 years
2025: €948k▼ -9.4% vs 2024
Operating result€37k-€40k▲ 6.7%€46k▲ 16.8%€96k▲ 107%€-22k
2021: €37k
2022: €40k▲ +6.7% vs 2021
2023: €46k▲ +16.8% vs 2022
2024: €96k▲ +107% vs 2023highest in 5 years
2025: €-22k▼ -123% vs 2024lowest in 5 years
Net result€71k-€203k▲ 185%€279k▲ 37.1%€70k▼ 75.0%€-22k
2021: €71k
2022: €203k▲ +185% vs 2021
2023: €279k▲ +37.1% vs 2022highest in 5 years
2024: €70k▼ -75.0% vs 2023
2025: €-22k▼ -131% vs 2024lowest in 5 years
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 turns negative in 2025: a loss of €22k after €96k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €950k
Fixed assets
€373k ▼ 2.6%
Current assets
€578k ▼ 15.1%
Equity and liabilities €950k
Equity
€948k ▼ 9.4%
Debt
€2k ▼ 85.6%
Debt's share of the balance-sheet total falls from 1.5% to 0.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-12k▼
2024 · €97k
Cash flow
€-12k▼
2024 · €71k
Debt to equity
0.00▼
2024 · 0.02
ROE
-2.3%▼
2024 · 6.6%
ROA
-2.3%▼
2024 · 6.5%
Interest coverage
226.50▲
2024 · -25.26
Debt ≤ 1 year
€2k▼
2024 · €16k
Income taxes
€131▼
2024 · €33k
A ratio outside any meaningful range has been withheld (balance sheet total €950k, equity €948k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.06M€950k▼
Fixed assets21/28€383k€373k▼
Tangible fixed assets22/27€48k€38k▼
Plant, machinery and equipment23€302-
Furniture and vehicles24€47k€38k▼
Financial fixed assets28€335k€335k=
Current assets29/58€680k€578k▼
Amounts receivable within one year40/41€7k€11k▲
Other amounts receivable41€7k€11k▲
Cash at bank and in hand54/58€673k€565k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.06M€950k▼
Equity10/15€1.05M€948k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€985k€886k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€979k€880k▼
Amounts payable17/49€16k€2k▼
Amounts payable within one year42/48€16k€2k▼
Trade debts44€3k€749▼
Suppliers440/4€3k€749▼
Taxes, remuneration and social security45€13k€781▼
Taxes450/3€13k€781▼
Accrued charges and deferred income492/3€88€802▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€10k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€99k€-10k▼
Operating profit (loss)9901€96k€-22k▼
Financial income75/76B€3k€99▼
Recurring financial income75€3k€99▼
Financial charges65/66B€-4k€-52▲
Recurring financial charges65€-4k€-52▲
Profit (loss) for the period before taxes9903€102k€-22k▼
Income taxes67/77€33k€131▼
Profit (loss) for the period9904€70k€-22k▼
Profit (loss) for the period to be appropriated9905€70k€-22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€70k€-22k▼
Transfer from equity791/2-€99k
Transfer to equity691/2€70k-
To other reserves6921€70k-
Profit to be distributed694/7-€77k
Return on contributions (dividend)694-€77k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | €892 | €1k | €10k | ▲ 638% |
| Other operating charges640/8 | - | €2k | €2k | €2k | €1k | ▼ 24.9% |
| Gross operating margin9900 | €40k | €43k | €49k | €99k | €-10k | ▼ 110% |
| Operating profit (loss)9901 | €37k | €40k | €46k | €96k | €-22k | ▼ 123% |
| Financial income75/76B | - | €198k | €270k | €3k | €99 | ▼ 96.4% |
| Recurring financial income75 | €50k | €198k | €270k | €3k | €99 | ▼ 96.4% |
| Financial charges65/66B | - | €6k | €151 | €-4k | €-52 | ▲ 98.6% |
| Recurring financial charges65 | €547 | €6k | €151 | €-4k | €-52 | ▲ 98.6% |
| Profit (loss) for the period before taxes9903 | €86k | €232k | €316k | €102k | €-22k | ▼ 121% |
| Income taxes67/77 | €15k | €28k | €37k | €33k | €131 | ▼ 99.6% |
| Profit (loss) for the period9904 | €71k | €203k | €279k | €70k | €-22k | ▼ 131% |
| Profit (loss) for the period to be appropriated9905 | €71k | €203k | €279k | €70k | €-22k | ▼ 131% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €776k | €979k | €1.01M | €1.06M | €950k | ▼ 10.6% |
| Fixed assets21/28 | €337k | €337k | €336k | €383k | €373k | ▼ 2.6% |
| Tangible fixed assets22/27 | €2k | €2k | €1k | €48k | €38k | ▼ 20.9% |
| Plant, machinery and equipment23 | - | €1k | €756 | €302 | - | - |
| Furniture and vehicles24 | - | €1k | €584 | €47k | €38k | ▼ 20.4% |
| Financial fixed assets28 | €335k | €335k | €335k | €335k | €335k | = |
| Current assets29/58 | €439k | €642k | €674k | €680k | €578k | ▼ 15.1% |
| Amounts receivable within one year40/41 | €294 | €198k | €356k | €7k | €11k | ▲ 65.3% |
| Other amounts receivable41 | - | €198k | €356k | €7k | €11k | ▲ 65.3% |
| Current investments50/53 | - | €35k | €36k | - | - | - |
| Cash at bank and in hand54/58 | €438k | €409k | €282k | €673k | €565k | ▼ 16.1% |
| Deferred charges and accrued income490/1 | - | - | - | €1k | €2k | ▲ 101% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €776k | €979k | €1.01M | €1.06M | €950k | ▼ 10.6% |
| Equity10/15 | €758k | €943k | €977k | €1.05M | €948k | ▼ 9.4% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €696k | €881k | €915k | €985k | €886k | ▼ 10.0% |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | - | €874k | €909k | €979k | €880k | ▼ 10.1% |
| Amounts payable17/49 | €18k | €37k | €33k | €16k | €2k | ▼ 85.6% |
| Amounts payable within one year42/48 | €18k | €37k | €33k | €16k | €2k | ▼ 90.5% |
| Trade debts44 | €726 | €5k | €6k | €3k | €749 | ▼ 78.3% |
| Suppliers440/4 | - | €5k | €6k | €3k | €749 | ▼ 78.3% |
| Taxes, remuneration and social security45 | - | €29k | €27k | €13k | €781 | ▼ 93.8% |
| Taxes450/3 | - | €27k | €27k | €13k | €781 | ▼ 93.8% |
| Remuneration and social security454/9 | - | €1k | - | - | - | - |
| Other amounts payable47/48 | - | €3k | - | - | - | - |
| Accrued charges and deferred income492/3 | - | €85 | €85 | €88 | €802 | ▲ 811% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €71k | €203k | €279k | €70k | €-22k | ▼ 131% |
| + Depreciation and write-downs630 | €1k | €1k | €892 | €1k | €10k | ▲ 638% |
| Operating cash flow (approximation) | €72k | €205k | €279k | €71k | €-12k | ▼ 117% |
| Investment in fixed assets (approximation) | - | €-1k | €0 | €-48k | €1 | ▲ 100% |
| Change in cash | - | €-29k | €-127k | €390k | €-108k | ▼ 128% |
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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series.
30-09
Financial
Liquidity times 9current ratio 377.66
Current ratio from 42.36 to 377.66; short-term debt falls from €16k to €2k.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Liquidity doublescurrent ratio 42.36
Current ratio from 20.43 to 42.36; short-term debt falls from €33k to €16k.
30-09
Financial
Equity above €1MEq €1.05M ▲7.1%
7 profitable years in a row build equity to €1.05M.
28-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2018net €279k ▲37.1%
Net result €279k, the highest in the series.
12-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Liquidity doublescurrent ratio 29.38
Current ratio from 12.26 to 29.38; short-term debt falls from €27k to €13k.
Show earlier events
16-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
22-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
11 acts for this company are 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, Zandhoven · 1 establishment unit since 1998
Ground area
301 m²
Building footprint
80 m²
Volume, LiDAR
489 m³
Parcel 11054C0173/00A002, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Linden 30, 2240 Zandhoven
since 19982.088.765.732
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11054C0173/00A002 | Flanders | 301 m² | 1 · 80 m² | 7.8 m · 2 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.
Similar companies · same sector, comparable size
CREABIOSUPPORT
BE 0835.296.890
Antwerpen · Eq €947,815
Simon Anthonis
BE 0518.933.766
Aarschot · Eq €947,796
INJOMAR
BE 0476.350.370
Kapellen · Eq €947,754
PDN
BE 0476.271.780
Antwerpen · Eq €947,746
J & M Consultants
BE 0820.515.080
Westerlo · Eq €947,706
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 28,426 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded18-08-1998
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.