TENERGA ENERGY SERVICES
ActiveSummary
TENERGA ENERGY SERVICES has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45k and a net result of €-101k. Equity is shrinking by ~45.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 20% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▲+5
Solvency27▲+27
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.57 against 0.85 in 2024; short-term debt: 3.7% and cash: 7.2% of total assets), but 97.7% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 9194 sector peers (2025).
NBB · sector comparisonPosition among 9194 sector peers
Solvency
better than 20%
← weakest
strongest →
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
29 d late
2023
29 d late
2022
2 d late
2021
17 d late
2020
31 d late
2019
75 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€45k
2024 · €-569k
2019: €-22k
2020: €-103k
2021: €-178k
2022: €-260k
2023: €-406k
2024: €-569k
2019 → 2025
Total assets
€2.00M▲ 19.3%
2024 · €1.67M
2019: €77k
2020: €90k
2021: €387k
2022: €545k
2023: €923k
2024: €1.67M
2019 → 2025
Net result
€-101k▲ 37.7%
2024 · €-162k
2019: €-272k
2020: €-80k
2021: €-75k
2022: €-82k
2023: €-146k
2024: €-162k
2019 → 2025
Working capital
€116k
2024 · €-24k
2019: €762
2020: €-29k
2021: €32k
2022: €11k
2023: €-71k
2024: €-24k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-178k-€-260k▼ 46.3%€-406k▼ 56.1%€-569k▼ 39.9%€45k
Operating result€-72k-€-76k▼ 6.0%€-132k▼ 73.6%€-149k▼ 12.7%€-99k▲ 33.9%
Net result€-75k-€-82k▼ 9.5%€-146k▼ 77.2%€-162k▼ 11.1%€-101k▲ 37.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €99k in 2025 against €149k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.00M
Fixed assets
€1.80M ▲ 17.3%
Current assets
€190k ▲ 41.6%
Equity and liabilities €2.00M
Equity
€45k
Debt
€1.95M
Debt finances 97.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€-40k▲
2024 · €-100k
Cash flow
€-42k▲
2024 · €-113k
Current ratio
2.57▲
2024 · 0.85
Debt to equity
42.91▲
2024 · -3.94
ROE
-222.4%
ROA
-5.1%▲
2024 · -9.7%
Interest coverage
-16.04▼
2024 · -7.69
Debt ≤ 1 year
€74k▼
2024 · €158k
Debt > 1 year
€300k▼
2024 · €699k
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 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.67M€2.00M▲
Fixed assets21/28€1.54M€1.80M▲
Tangible fixed assets22/27€1.54M€1.80M▲
Plant, machinery and equipment23€1.54M€1.80M▲
Current assets29/58€134k€190k▲
Amounts receivable within one year40/41€103k€48k▼
Trade receivables40€95k€38k▼
Other amounts receivable41€8k€10k▲
Cash at bank and in hand54/58€28k€143k▲
Deferred charges and accrued income490/1€3k€0▼
Equity and liabilities
Total equity and liabilities10/49€1.67M€2.00M▲
Equity10/15€-569k€45k▲
Contributions10/11€250k€965k▲
Profit (loss) carried forward14€-819k€-920k▼
Amounts payable17/49€2.24M€1.95M▼
Amounts payable after more than one year17€699k€300k▼
Financial debts170/4€699k€300k▼
Amounts payable within one year42/48€158k€74k▼
Trade debts44€128k€41k▼
Suppliers440/4€128k€41k▼
Other amounts payable47/48€30k€33k▲
Accrued charges and deferred income492/3€1.38M€1.58M▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€59k▲
Other operating charges640/8€500€1k▲
Gross operating margin9900€-99k€-39k▲
Operating profit (loss)9901€-149k€-99k▲
Financial income75/76B-€120
Recurring financial income75-€120
Financial charges65/66B€13k€2k▼
Recurring financial charges65€13k€2k▼
Profit (loss) for the period before taxes9903€-162k€-101k▲
Profit (loss) for the period9904€-162k€-101k▲
Profit (loss) for the period to be appropriated9905€-162k€-101k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-819k€-920k▼
Profit (loss) brought forward from the previous period14P€-656k€-819k▼
The notes to these accounts (10 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 · abbreviated schema · 31 days late
2025
31-12
Financial
Liquidity triplescurrent ratio 2.57
Current ratio from 0.85 to 2.57; short-term debt falls from €158k to €74k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
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
31-12
Financial
Liquidity doublescurrent ratio 1.69
Current ratio from 0.69 to 1.69; short-term debt falls from €92k to €47k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 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 · 2 establishment units 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
2.9 ha
Building footprint
4,535 m²
Volume, LiDAR
1,691 m³
2 parcels, Brussels, Flanders · tallest building 21.0 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
TENERGA ENERGY SERVICES
since 20182.369.746.523
TENERGA ENERGY SERVICES
since 20252.369.746.622
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13376G0336/00Y000 | Flanders | 2.9 ha | 1 · 4,402 m² | - |
| 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 · via establishment units: 1
2 of 2 parcels 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
BREM
BE 0451.125.917
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VS IMMO
BE 0737.950.858
Charleroi · Eq €45,372
AGENCE VAN CO
BE 0462.414.638
Evere · Eq €45,511
MEUSE LOISIRS
BE 0794.767.619
Herve · Eq €45,347
NEW CIRCUS
BE 0439.722.972
Liège · Eq €45,557
Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 3,217 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-06-2018
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.