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Tenora

Active
Private limited companyfounded 20251 yr activeRue des Combattants 81, 1301 Wavre, BelgiumKBO/BCE: BE 1026.122.616
Summary

Tenora has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,945 and a net result of €20,445. Its solvency ranks better than 49% of 3267 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

What they do
Business and other management consultancy
NACE 70200
1 site
How big
€40,068total assets 2025
Equity
€20,945
Profit
€20,445
Financially healthy?
86 Excellent Checked score 2025
Bankruptcy chance 12 m
0.3%
Who decides
Accounts 23 d early0 of 1 deed read
Why 86- Young company- Higher-failure-rate region+ Lower-failure-rate sector+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes
Profitability100
Solvency77
Growth-
Track record67
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 1.97; short-term debt: 47.7% and cash: 67.5% of total assets), and 47.7% of the assets are financed with debt.
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Signals

Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
52.3%
Return on assets
51%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 08-07-2026, 23 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
23 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…

Financials

Fiscal year 2025Total assets €40,068Profit €20,445Solvency 52.3%Liquidity 1.97
Total assets
€40,068
2025
Net result
€20,445
2025
Equity
€20,945
2025
Solvency
52.3%
2025

Financials · fiscal year 2025, full schema

Trend over the years1 fiscal year
Result and balance sheet2025
Balance-sheet composition
Assets €40,068
Fixed assets €2,366
Current assets €37,702
Equity and liabilities €40,068
Equity €20,945
Debt €19,123
Debt finances 47.7% of the balance-sheet total.
Key figures and ratios2025
Key figures and ratios
2025 value
EBITDA
€26,169
Cash flow
€20,600
Current ratio
1.97
Debt to equity
0.91
ROE
97.6%
ROA
51.0%
Interest coverage
514.74
Debt ≤ 1 year
€19,123
Income taxes
€5,518

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Filed annual accountsfiscal year 2025
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€40,068
Fixed assets21/28€2,366
Tangible fixed assets22/27€2,366
Plant, machinery and equipment23€2,366
Current assets29/58€37,702
Amounts receivable within one year40/41€9,680
Trade receivables40€9,680
Cash at bank and in hand54/58€27,047
Deferred charges and accrued income490/1€975
Equity and liabilities
Total equity and liabilities10/49€40,068
Equity10/15€20,945
Contributions10/11€500
Capital10€500
Issued capital100€500
Profit (loss) carried forward14€20,445
Amounts payable17/49€19,123
Amounts payable within one year42/48€19,123
Trade debts44€1,101
Suppliers440/4€1,101
Taxes, remuneration and social security45€17,717
Taxes450/3€17,717
Other amounts payable47/48€305
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€155
Other operating charges640/8€78
Gross operating margin9900€26,248
Operating profit (loss)9901€26,014
Financial charges65/66B€51
Recurring financial charges65€51
Profit (loss) for the period before taxes9903€25,963
Income taxes67/77€5,518
Profit (loss) for the period9904€20,445
Profit (loss) for the period to be appropriated9905€20,445
Appropriation of the result
Profit (loss) to be appropriated9906€20,445

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€155
Other operating charges640/8€78
Gross operating margin9900€26,248
Operating profit (loss)9901€26,014
Financial charges65/66B€51
Recurring financial charges65€51
Profit (loss) for the period before taxes9903€25,963
Income taxes67/77€5,518
Profit (loss) for the period9904€20,445
Profit (loss) for the period to be appropriated9905€20,445
Line2025
Assets
Total assets20/58€40,068
Fixed assets21/28€2,366
Tangible fixed assets22/27€2,366
Plant, machinery and equipment23€2,366
Current assets29/58€37,702
Amounts receivable within one year40/41€9,680
Trade receivables40€9,680
Cash at bank and in hand54/58€27,047
Deferred charges and accrued income490/1€975
Equity and liabilities
Total equity and liabilities10/49€40,068
Equity10/15€20,945
Contributions10/11€500
Capital10€500
Issued capital100€500
Profit (loss) carried forward14€20,445
Amounts payable17/49€19,123
Amounts payable within one year42/48€19,123
Trade debts44€1,101
Suppliers440/4€1,101
Taxes, remuneration and social security45€17,717
Taxes450/3€17,717
Other amounts payable47/48€305
Line2025
Profit (loss) for the period9904€20,445
+ Depreciation and write-downs630€155
Operating cash flow (approximation)€20,600

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Comparable companies5

Similar companies · same sector, comparable size

Of 82,601 companies in this sector we hold annual accounts for 52,629. 31,072 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Timeline

1 eventLatest 08-07-2026

History

Tenora was incorporated on 1 August 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
08-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Company details

Private limited company · founded 01-08-2025Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded01-08-2025
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
66220Insurance agents and brokers
E-invoicing
Reachable via Peppol
Peppol ID 0208:1026122616
Also 9925:BE1026122616
Registered 19-08-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Wavre · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
196 m²
Building footprint
66 m²
Volume, LiDAR
404 m³
Parcel 25006D0084/00A002, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tenora
Rue des Combattants 81, 1301 WavreBusiness and other management consultancy
since 2025unit no. 2.376.972.231
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25006D0084/00A002 Wallonia 196 m² 1 · 66 m² 8.0 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.

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