TENSO
ActiveSummary
TENSO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €5k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 69% of 2003 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▼-19
Solvency96▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.44 against 2.34 in 2024; short-term debt: 29.4% and cash: 3.4% of total assets), and 29.4% of the assets are financed with debt.
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Signals
Four 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 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% 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
70.6%
Return on assets
9.3%
Age of the figures
9 mo
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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
on the day
2023
30 d late
2022
61 d late
2021
152 d late
2020
61 d late
2019
74 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€40k▲ 15.2%
2024 · €35k
Total assets
€57k▲ 0.9%
2024 · €57k
Net result
€5k▼ 61.0%
2024 · €14k
Working capital
€24k▼ 16.8%
2024 · €29k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-5k▲ 37.2%€-1k▲ 79.5%€7k€22k▲ 217%€8k▼ 61.1%
Net result€-8k€-4k▲ 54.5%€4k€14k▲ 224%€5k▼ 61.0%
Equity€26k▼ 24.4%€22k▼ 14.7%€26k▲ 19.0%€35k▲ 32.8%€40k▲ 15.2%
Total assets€45k▼ 22.2%€36k▼ 18.6%€44k▲ 21.0%€57k▲ 28.3%€57k▲ 0.9%
Debt€19k▼ 19.0%€14k▼ 23.9%€18k▲ 23.9%€22k▲ 21.5%€17k▼ 22.3%
Working capital€24k▼ 26.4%€21k▼ 12.3%€26k▲ 22.6%€29k▲ 12.5%€24k▼ 16.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 61% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €57k
Fixed assets
€16k ▲ 173%
Current assets
€41k ▼ 19.2%
Equity and liabilities €57k
Equity
€40k ▲ 15.2%
Debt
€17k ▼ 22.3%
Debt's share of the balance-sheet total falls from 38.2% to 29.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12k▼
2024 · €23k
Cash flow
€9k▼
2024 · €15k
Current ratio
2.44▲
2024 · 2.34
Debt to equity
0.42▼
2024 · 0.62
ROE
13.2%▼
2024 · 39.0%
ROA
9.3%▼
2024 · 24.1%
Interest coverage
18.21▲
2024 · 17.59
Debt ≤ 1 year
€17k▼
2024 · €22k
Income taxes
€2k▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €838 | €852 | €554 | €1k | €3k | ▲ 170% |
| Other operating charges640/8 | €721 | €1k | €2k | €998 | €1k | ▲ 5.0% |
| Gross operating margin9900 | €-3k | €1k | €9k | €24k | €13k | ▼ 46.6% |
| Operating profit (loss)9901 | €-5k | €-1k | €7k | €22k | €8k | ▼ 61.1% |
| Financial charges65/66B | €3k | €2k | €2k | €1k | €640 | ▼ 50.6% |
| Recurring financial charges65 | €3k | €2k | €2k | €1k | €640 | ▼ 50.6% |
| Profit (loss) for the period before taxes9903 | €-8k | €-3k | €5k | €20k | €8k | ▼ 61.8% |
| Income taxes67/77 | €375 | €374 | €765 | €7k | €2k | ▼ 63.3% |
| Profit (loss) for the period9904 | €-8k | €-4k | €4k | €14k | €5k | ▼ 61.0% |
| Profit (loss) for the period to be appropriated9905 | €-8k | €-4k | €4k | €14k | €5k | ▼ 61.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €45k | €36k | €44k | €57k | €57k | ▲ 0.9% |
| Fixed assets21/28 | €2k | €1k | €494 | €6k | €16k | ▲ 173% |
| Tangible fixed assets22/27 | €2k | €1k | €494 | €6k | €16k | ▲ 173% |
| Plant, machinery and equipment23 | €2k | €382 | €239 | €96 | - | - |
| Furniture and vehicles24 | - | €620 | €255 | €6k | €16k | ▲ 177% |
| Other tangible fixed assets26 | €262 | €46 | - | - | - | - |
| Current assets29/58 | €43k | €35k | €44k | €51k | €41k | ▼ 19.2% |
| Stocks and contracts in progress3 | €574 | €574 | €574 | - | - | - |
| Stocks30/36 | €574 | €574 | €574 | - | - | - |
| Amounts receivable within one year40/41 | €41k | €32k | €41k | €48k | €37k | ▼ 21.9% |
| Trade receivables40 | €2k | €8k | €19k | €1k | €3k | ▲ 120% |
| Other amounts receivable41 | €39k | €24k | €22k | €47k | €35k | ▼ 25.6% |
| Cash at bank and in hand54/58 | €1k | €2k | €2k | €2k | €2k | ▲ 0.1% |
| Deferred charges and accrued income490/1 | - | - | - | €924 | €2k | ▲ 84.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €45k | €36k | €44k | €57k | €57k | ▲ 0.9% |
| Equity10/15 | €26k | €22k | €26k | €35k | €40k | ▲ 15.2% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €9k | €9k | €9k | €16k | €16k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €7k | €7k | €7k | €14k | €14k | = |
| Profit (loss) carried forward14 | €-2k | €-5k | €-1k | €464 | €6k | ▲ 1,145% |
| Amounts payable17/49 | €19k | €14k | €18k | €22k | €17k | ▼ 22.3% |
| Amounts payable within one year42/48 | €19k | €14k | €18k | €22k | €17k | ▼ 22.3% |
| Financial debts43 | €421 | €47 | €875 | €157 | €764 | ▲ 388% |
| Credit institutions430/8 | €421 | €47 | €875 | €157 | €764 | ▲ 388% |
| Trade debts44 | €952 | €1k | €4k | €1k | €683 | ▼ 54.1% |
| Suppliers440/4 | €952 | €1k | €4k | €1k | €683 | ▼ 54.1% |
| Taxes, remuneration and social security45 | €11k | €11k | €13k | €20k | €15k | ▼ 23.2% |
| Taxes450/3 | €11k | €11k | €13k | €20k | €15k | ▼ 23.2% |
| Other amounts payable47/48 | €6k | €2k | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-8k | €-4k | €4k | €14k | €5k | ▼ 61.0% |
| + Depreciation and write-downs630 | €838 | €852 | €554 | €1k | €3k | ▲ 170% |
| Operating cash flow (approximation) | €-8k | €-3k | €5k | €15k | €9k | ▼ 42.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-7k | €-13k | ▼ 104% |
| Change in cash | - | €1k | €-772 | €254 | €2 | ▼ 99.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 152 days late
2021
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
13-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 74 days late
2019
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
31-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 153 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Schilde · 1 establishment unit since 2006
Ground area
2,306 m²
Building footprint
148 m²
Volume, LiDAR
989 m³
Parcel 11039A0185/00C024, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tenso
since 20062.151.878.088
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11039A0185/00C024 | Flanders | 2,306 m² | 1 · 148 m² | 10.6 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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Of 8,315 companies in sector 90201 we hold annual accounts for 602. 478 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded08-02-2006
Fiscal year end31-12
Activities, NACEBEL 2025
90201Performing arts by independent artists
90202Performing arts by artistic ensembles
Scores and ratios are computed by Checked and are not a credit decision.