Skip to content

TENZO WAY

Active
Private limited companyfounded 20233 yrs activeRue Haie Mayet, St-Gérard 41, 5640 Mettet, BelgiumKBO/BCE: BE 0803.125.653
Summary

The computed 12-month bankruptcy probability of TENZO WAY is 1.6% (moderate). The 2025 annual accounts show equity of €11,681 and a net result of €15,220. Equity is shrinking by ~54.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 26% of 7201 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Public relations and communication consultancy
NACE 73300NACE 70210
1 site
How big
€55,097total assets 2025
Equity
€11,681
Profit
€15,220
Turnover not published (abridged schema)
Financially healthy?
59 Fair Checked score 2025
Bankruptcy chance 12 m
1.6%
Who decides
Accounts 8 d early0 of 2 deeds read
Why 59- Limited track record- Higher-failure-rate region+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency46▼-54
Growth32=
Track record94
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.06 against 5.69 in 2024; short-term debt: 78.8% and cash: 18.5% of total assets), and 78.8% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
21.2%
Return on assets
27.6%
Age of the figures
9 mo
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 23-07-2026, 8 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
8 d early
2024
29 d late
2023
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 17 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

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. Usually files around 29 August (3 of the last 3 filed years within 37 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
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 · micro…
  2. Back to profitnet €15,220
  3. Annual accounts filedfiscal year 2024 · micro…

Financials

Fiscal year 2025Total assets €55,097Profit €15,220Solvency 21.2%Liquidity 1.06
Total assets
€55,097▲ 44.3%
2023 - 2025
Net result
€15,220
2023 - 2025
Equity
€11,681▼ 62.9%
2023 - 2025
Solvency
21.2%▼ 61.2pp
2023 - 2025

Financials · fiscal year 2025, micro schema

Trend over the years3 fiscal years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€51,424--€15,094€15,717
Net result€40,815within the sector's middle half--€14,353below the sector's middle half€15,220within the sector's middle half
Equity€45,815within the sector's middle half-€31,462within the sector's middle half▼ 31.3%€11,681below the sector's middle half▼ 62.9%
Total assets€55,504below the sector's middle half-€38,177below the sector's middle half▼ 31.2%€55,097below the sector's middle half▲ 44.3%
Debt€9,689-€6,715▼ 30.7%€43,416▲ 547%
Working capital€45,815within the sector's middle half-€31,462within the sector's middle half▼ 31.3%€2,525within the sector's middle half▼ 92.0%
Solvency82.5%above the sector's middle half-82.4%above the sector's middle half▼ 0.1pp21.2%within the sector's middle half▼ 61.2pp
Current ratio5.73above the sector's middle half-5.69above the sector's middle half▼ 0.041.06within the sector's middle half▼ 4.63
Return on assets (ROA)73.5%above the sector's middle half--37.6%below the sector's middle half▼ 111.1pp27.6%above the sector's middle half▲ 65.2pp
above within below the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet2025
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000Operating result 2023: €51,424€51,424Net result 2023: €40,815€40,815Operating result 2024: -€15,094-€15,094Net result 2024: -€14,353-€14,353Operating result 2025: €15,717€15,717Net result 2025: €15,220€15,220202320242025-€20,000€0€20,000€40,000€60,000Operating result 2023: €51,424€51,400Net result 2023: €40,815€40,800Operating result 2024: -€15,094-€15,100Net result 2024: -€14,353-€14,400Operating result 2025: €15,717€15,700Net result 2025: €15,220€15,200202320242025
The operating result returns to profit in 2025: €15,717 after a loss of €15,094 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €55,097
Fixed assets €9,156
Current assets €45,941
Equity and liabilities €55,097
Equity €11,681 ▼ 62.9%
Debt €43,416 ▲ 547%
Debt's share of the balance-sheet total rises from 17.6% to 78.8%. Equity is lower and debt is higher.
Key figures and ratios2025
Key figures and ratios
2025 value · change against 2024
EBITDA
€17,227
Cash flow
€16,729
Debt to equity
3.72▲
2024 · 0.21
ROE
130.3%▲
2024 · -45.6%
Interest coverage
121.36
Debt ≤ 1 year
€43,416▲
2024 · €6,715
Income taxes
€1,241▲
2024 · €159
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.6% 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 7,976 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 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€38,177€55,097▲
Fixed assets21/28-€9,156
Tangible fixed assets22/27-€9,156
Furniture and vehicles24-€9,156
Current assets29/58€38,177€45,941▲
Amounts receivable within one year40/41€32,548€34,107▲
Trade receivables40€826€8,047▲
Other amounts receivable41€31,722€26,060▼
Cash at bank and in hand54/58€5,629€10,176▲
Deferred charges and accrued income490/1-€1,659
Equity and liabilities
Total equity and liabilities10/49€38,177€55,097▲
Equity10/15€31,462€11,681▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€26,462€6,681▼
Amounts payable17/49€6,715€43,416▲
Amounts payable within one year42/48€6,715€43,416▲
Trade debts44€5,593€728▼
Suppliers440/4€5,593€728▼
Taxes, remuneration and social security45€1,122€7,688▲
Taxes450/3€1,122€7,688▲
Other amounts payable47/48-€35,000
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1,510
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€44,100-
Other operating charges640/8€1,589€731▼
Gross operating margin9900€30,595€17,958▼
Operating profit (loss)9901-€15,094€15,717▲
Financial income75/76B€1,245€885▼
Recurring financial income75€1,245€885▼
Financial charges65/66B€345€142▼
Recurring financial charges65€345€142▼
Profit (loss) for the period before taxes9903-€14,194€16,460▲
Income taxes67/77€159€1,241▲
Profit (loss) for the period9904-€14,353€15,220▲
Profit (loss) for the period to be appropriated9905-€14,353€15,220▲
Appropriation of the result
Profit (loss) to be appropriated9906€26,462€41,681▲
Profit (loss) brought forward from the previous period14P€40,815€26,462▼
Profit to be distributed694/7-€35,000
Return on contributions (dividend)694-€35,000

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€1,510-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€44,100--
Other operating charges640/8€650€1,589€731▼ 54.0%
Gross operating margin9900€52,074€30,595€17,958▼ 41.3%
Operating profit (loss)9901€51,424-€15,094€15,717▲ 204%
Financial income75/76B-€1,245€885▼ 28.9%
Recurring financial income75-€1,245€885▼ 28.9%
Financial charges65/66B€0€345€142▼ 58.9%
Recurring financial charges65€0€345€142▼ 58.9%
Profit (loss) for the period before taxes9903€51,424-€14,194€16,460▲ 216%
Income taxes67/77€10,609€159€1,241▲ 681%
Profit (loss) for the period9904€40,815-€14,353€15,220▲ 206%
Profit (loss) for the period to be appropriated9905€40,815-€14,353€15,220▲ 206%
Line202320242025Change
Assets
Total assets20/58€55,504€38,177€55,097▲ 44.3%
Fixed assets21/28--€9,156-
Tangible fixed assets22/27--€9,156-
Furniture and vehicles24--€9,156-
Current assets29/58€55,504€38,177€45,941▲ 20.3%
Amounts receivable after more than one year29€0---
Amounts receivable within one year40/41€12,152€32,548€34,107▲ 4.8%
Trade receivables40€11,011€826€8,047▲ 874%
Other amounts receivable41€1,141€31,722€26,060▼ 17.8%
Cash at bank and in hand54/58€43,351€5,629€10,176▲ 80.8%
Deferred charges and accrued income490/1--€1,659-
Equity and liabilities
Total equity and liabilities10/49€55,504€38,177€55,097▲ 44.3%
Equity10/15€45,815€31,462€11,681▼ 62.9%
Contributions10/11€5,000€5,000€5,000=
Profit (loss) carried forward14€40,815€26,462€6,681▼ 74.8%
Amounts payable17/49€9,689€6,715€43,416▲ 547%
Amounts payable within one year42/48€9,689€6,715€43,416▲ 547%
Trade debts44€1,268€5,593€728▼ 87.0%
Suppliers440/4€1,268€5,593€728▼ 87.0%
Taxes, remuneration and social security45€8,421€1,122€7,688▲ 585%
Taxes450/3€8,421€1,122€7,688▲ 585%
Other amounts payable47/48--€35,000-
Line202320242025Change
Profit (loss) for the period9904€40,815-€14,353€15,220▲ 206%
+ Depreciation and write-downs630--€1,510-
Operating cash flow (approximation)€40,815-€14,353€16,729▲ 217%
Change in cash--€37,723€4,547▲ 112%

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

Download as CSV

Comparable companies5

Similar companies · same sector, comparable size

Of 13,405 companies in this sector we hold annual accounts for 6,906. 3,941 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Timeline

5 eventsLatest 23-07-2026Next filing 31-07-2027

History

TENZO WAY was incorporated on 23 June 2023 as a Private limited company.1 Total assets went from €55,504 in 2023 to €55,097 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €15,220
Net result €15,220 after one loss-making year.
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial Weakest financial yearnet -€14,353
Net result drops to -€14,353, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

Company details

Private limited company · founded 23-06-2023Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded23-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
46180Agents specialised in the wholesale of other particular products
78100Employment placement agencies
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803125653
Registered 17-10-2025

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, Mettet · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,277 m²
Parcel 92104F0221/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
TENZO WAY
Rue Haie Mayet, St-Gérard 41, 5640 MettetAgents specialised in the wholesale of other particular products
since 2023unit no. 2.346.971.517
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92104F0221/00H000 Wallonia 1,277 m² - -
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.

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.