TENERGA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €880k and a net result of €-103k. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 57% of 2377 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filingsDeviation from the deadline
2025
31 d late
2024
2 d early
2023
29 d late
2022
2 d late
2021
17 d late
2020
25 d late
2019
75 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€880k▼ 10.4%
2024 · €983k
2019: €781k
2020: €724k
2021: €647k
2022: €563k
2023: €1.06M
2024: €983k
2019 → 2025
Net result
€-103k▼ 41.4%
2024 · €-73k
2019: €-6k
2020: €-57k
2021: €-78k
2022: €-84k
2023: €-86k
2024: €-73k
2019 → 2025
Total assets
€1.27M▼ 5.6%
2024 · €1.35M
2019: €783k
2020: €926k
2021: €926k
2022: €1.10M
2023: €1.24M
2024: €1.35M
2019 → 2025
Solvency
69.1%▼ 3.7pp
2024 · 72.8%
2019: 99.7%
2020: 78.2%
2021: 69.8%
2022: 51.3%
2023: 85.2%
2024: 72.8%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€647k-€563k▼ 13.0%€1.06M▲ 87.6%€983k▼ 6.9%€880k▼ 10.4%
Operating result€-83k-€-79k▲ 4.2%€-73k▲ 7.4%€-10k▲ 86.6%€-10k▲ 2.3%
Net result€-78k-€-84k▼ 7.9%€-86k▼ 2.9%€-73k▲ 15.8%€-103k▼ 41.4%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10k in 2025 against €10k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.27M
Fixed assets
€1.23M▼ 4.3%
Current assets
€40k▼ 33.3%
Equity and liabilities €1.27M
Equity
€880k▼ 10.4%
Debt
€393k▲ 7.2%
The debt ratio rises from 27.2% to 30.9%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
69.1%▼
2024 · 72.8%
ROE
-11.7%▼
2024 · -7.4%
ROA
-8.1%▼
2024 · -5.4%
Debt
€393k▲
2024 · €367k
Debt ≤ 1 year
€9k
Debt > 1 year
€384k▲
2024 · €367k
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€1.35M€1.27M▼
Fixed assets21/28€1.29M€1.23M▼
Financial fixed assets28€1.29M€1.23M▼
Current assets29/58€61k€40k▼
Amounts receivable within one year40/41€35k€35k▼
Other amounts receivable41€35k€35k▼
Cash at bank and in hand54/58€25k€6k▼
Equity and liabilities
Total equity and liabilities10/49€1.35M€1.27M▼
Equity10/15€983k€880k▼
Contributions10/11€1.37M€1.37M=
Capital10€1.37M€1.37M=
Issued capital100€1.37M€1.37M=
Profit (loss) carried forward14€-384k€-486k▼
Amounts payable17/49€367k€393k▲
Amounts payable after more than one year17€367k€384k▲
Financial debts170/4€367k€384k▲
Amounts payable within one year42/48-€9k
Trade debts44-€9k
Suppliers440/4-€9k
Income statement
Code20242025
Non-recurring operating income76A-€336
Other operating charges640/8€968€998▲
Gross operating margin9900€-9k€-9k▲
Operating profit (loss)9901€-10k€-10k▲
Financial income75/76B€14k€1k▼
Recurring financial income75€14k€1k▼
Financial charges65/66B€77k€95k▲
Recurring financial charges65€15k€18k▲
Non-recurring financial charges66B€62k€77k▲
Profit (loss) for the period before taxes9903€-73k€-103k▼
Profit (loss) for the period9904€-73k€-103k▼
Profit (loss) for the period to be appropriated9905€-73k€-103k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-384k€-486k▼
Profit (loss) brought forward from the previous period14P€-311k€-384k▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (13 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-103k
Net result drops to €-103k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Liquidity times 24current ratio 2.98
Current ratio from 0.13 to 2.98; short-term debt falls from €535k to €27k.
31-12
Financial
Equity above €1MEq €1.06M ▲87.6%
Equity rises from €563k to €1.06M.
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 17 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 75 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2018
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.
Brand Whitlocklaan 421200 Sint-Lambrechts-WoluweGround area
509 m²
Building footprint
134 m²
Volume, LiDAR
1,691 m³
Parcel 21673D0141/00A014, Brussels · tallest building 21.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
TENERGA
since 20182.279.455.854
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21673D0141/00A014 | Brussels | 509 m² | 1 · 134 m² | 21.0 m · 4 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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Of 24,725 companies in sector 64210 we hold annual accounts for 19,754. 12,968 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-06-2018
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.