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TEO CONSULT

Active
Private limited companyfounded 20224 yrs activeFrançois-Joseph Navezstraat 93, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0780.607.894
Summary

TEO CONSULT has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €31,064 and a net result of €9,071. Equity is growing by ~41.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability95▼-5
Solvency97▲+6
Growth78=
Track record94
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 3.43 against 2.77 in 2023; short-term debt: 28.2% and cash: 5% of total assets), and 28.2% 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 · 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 4 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
71.8%
Return on assets
21%
Age of the figures
21 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 23-06-2026, 38 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
38 d early
2024
25 d late
2023
22 d late
2022
45 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 24 July (3 of the last 4 filed years within 32 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

History

TEO CONSULT was incorporated on 18 January 2022 as a Private limited company.1 Total assets rose from EUR 23,534 in 2022 to EUR 43,255 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet

Equity
€31,064▲ 41.2%
2023 · €21,993
Total assets
€43,255▲ 29.7%
2023 · €33,346
Net result
€9,071▼ 2.7%
2023 · €9,318
Working capital
€29,642▲ 47.5%
2023 · €20,096
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 70, Activities of head offices; management consultancy 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
Line202220232024
Operating result€7,809-€12,231▲ 56.6%€15,192▲ 24.2%
Net result€7,675within the sector's middle half-€9,318within the sector's middle half▲ 21.4%€9,071within the sector's middle half▼ 2.7%
Equity€12,675below the sector's middle half-€21,993below the sector's middle half▲ 73.5%€31,064within the sector's middle half▲ 41.2%
Total assets€23,534below the sector's middle half-€33,346below the sector's middle half▲ 41.7%€43,255below the sector's middle half▲ 29.7%
Debt€10,859-€11,353▲ 4.5%€12,191▲ 7.4%
Working capital€12,675within the sector's middle half-€20,096within the sector's middle half▲ 58.6%€29,642within the sector's middle half▲ 47.5%
Solvency53.9%within the sector's middle half-66.0%within the sector's middle half▲ 12.1pp71.8%within the sector's middle half▲ 5.9pp
Current ratio2.17within the sector's middle half-2.77within the sector's middle half▲ 0.603.43within the sector's middle half▲ 0.66
Return on assets (ROA)32.6%above the sector's middle half-27.9%within the sector's middle half▼ 4.7pp21.0%within the sector's middle half▼ 7.0pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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 per fiscal year
Operating resultNet result
€0€5,000€10,000€15,000Operating result 2022: €7,809€7,809Net result 2022: €7,675€7,675Operating result 2023: €12,231€12,231Net result 2023: €9,318€9,318Operating result 2024: €15,192€15,192Net result 2024: €9,071€9,071202220232024€0€5,000€10,000€15,000Operating result 2022: €7,809€7,810Net result 2022: €7,675€7,680Operating result 2023: €12,231€12,200Net result 2023: €9,318€9,320Operating result 2024: €15,192€15,200Net result 2024: €9,071€9,070202220232024
The operating result has risen two years in a row; 2024 is 24% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €43,255
Fixed assets €1,423 ▼ 25.0%
Current assets €41,833 ▲ 33.0%
Equity and liabilities €43,255
Equity €31,064 ▲ 41.2%
Debt €12,191 ▲ 7.4%
Debt's share of the balance-sheet total falls from 34.0% to 28.2%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€15,666▲
2023 · €12,705
Cash flow
€9,545▼
2023 · €9,792
Debt to equity
0.39▼
2023 · 0.52
ROE
29.2%▼
2023 · 42.4%
Interest coverage
21.53▼
2023 · 437.36
Debt ≤ 1 year
€12,191▲
2023 · €11,353
Income taxes
€5,393▲
2023 · €2,884
Staff costs
€96,010▲
2023 · €77,438
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% 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 39,278 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€33,346€43,255▲
Fixed assets21/28€1,897€1,423▼
Tangible fixed assets22/27€1,897€1,423▼
Furniture and vehicles24€1,897€1,423▼
Current assets29/58€31,450€41,833▲
Amounts receivable within one year40/41€15,227€36,972▲
Trade receivables40€15,227€36,972▲
Cash at bank and in hand54/58€14,457€2,173▼
Deferred charges and accrued income490/1€1,766€2,687▲
Equity and liabilities
Total equity and liabilities10/49€33,346€43,255▲
Equity10/15€21,993€31,064▲
Contributions10/11€5,000€5,000=
Outside capital11€5,000-
Other1109/19€5,000-
Profit (loss) carried forward14€16,993€26,064▲
Amounts payable17/49€11,353€12,191▲
Amounts payable within one year42/48€11,353€12,191▲
Trade debts44€6,520€2,989▼
Suppliers440/4€6,520€2,989▼
Taxes, remuneration and social security45€3,415€6,867▲
Taxes450/3€3,038€4,413▲
Remuneration and social security454/9€376€2,453▲
Other amounts payable47/48€1,419€2,335▲
Income statement Code20232024
Remuneration, social security and pensions62€77,438€96,010▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€474€474=
Other operating charges640/8€2,223€237▼
Gross operating margin9900€92,367€111,913▲
Operating profit (loss)9901€12,231€15,192▲
Financial charges65/66B€29€728▲
Recurring financial charges65€29€728▲
Profit (loss) for the period before taxes9903€12,202€14,464▲
Income taxes67/77€2,884€5,393▲
Profit (loss) for the period9904€9,318€9,071▼
Profit (loss) for the period to be appropriated9905€9,318€9,071▼
Appropriation of the result
Profit (loss) to be appropriated9906€16,993€26,064▲
Profit (loss) brought forward from the previous period14P€7,675€16,993▲

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

Line202220232024Change
Remuneration, social security and pensions62€26,429€77,438€96,010▲ 24.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€992€474€474=
Other operating charges640/8€741€2,223€237▼ 89.3%
Gross operating margin9900€35,971€92,367€111,913▲ 21.2%
Operating profit (loss)9901€7,809€12,231€15,192▲ 24.2%
Financial income75/76B€0---
Recurring financial income75€0---
Financial charges65/66B€134€29€728▲ 2,405%
Recurring financial charges65€134€29€728▲ 2,405%
Profit (loss) for the period before taxes9903€7,675€12,202€14,464▲ 18.5%
Income taxes67/77-€2,884€5,393▲ 87.0%
Profit (loss) for the period9904€7,675€9,318€9,071▼ 2.7%
Profit (loss) for the period to be appropriated9905€7,675€9,318€9,071▼ 2.7%
Line202220232024Change
Assets
Total assets20/58€23,534€33,346€43,255▲ 29.7%
Fixed assets21/28-€1,897€1,423▼ 25.0%
Tangible fixed assets22/27-€1,897€1,423▼ 25.0%
Furniture and vehicles24-€1,897€1,423▼ 25.0%
Current assets29/58€23,534€31,450€41,833▲ 33.0%
Amounts receivable within one year40/41€18,779€15,227€36,972▲ 143%
Trade receivables40€18,779€15,227€36,972▲ 143%
Cash at bank and in hand54/58€823€14,457€2,173▼ 85.0%
Deferred charges and accrued income490/1€3,932€1,766€2,687▲ 52.2%
Equity and liabilities
Total equity and liabilities10/49€23,534€33,346€43,255▲ 29.7%
Equity10/15€12,675€21,993€31,064▲ 41.2%
Contributions10/11€5,000€5,000€5,000=
Outside capital11€5,000€5,000--
Other1109/19€5,000€5,000--
Profit (loss) carried forward14€7,675€16,993€26,064▲ 53.4%
Amounts payable17/49€10,859€11,353€12,191▲ 7.4%
Amounts payable within one year42/48€10,859€11,353€12,191▲ 7.4%
Trade debts44€5,487€6,520€2,989▼ 54.1%
Suppliers440/4€5,487€6,520€2,989▼ 54.1%
Taxes, remuneration and social security45€3,862€3,415€6,867▲ 101%
Taxes450/3€3,862€3,038€4,413▲ 45.3%
Remuneration and social security454/9-€376€2,453▲ 552%
Other amounts payable47/48€1,509€1,419€2,335▲ 64.5%
Line202220232024Change
Profit (loss) for the period9904€7,675€9,318€9,071▼ 2.7%
+ Depreciation and write-downs630€992€474€474=
Operating cash flow (approximation)€8,667€9,792€9,545▼ 2.5%
Investment in fixed assets (approximation)--€0-
Change in cash-€13,634-€12,283▼ 190%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
25-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
22-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial Highest result since 2022net €9,318 ▲21.4%
Net result €9,318, the highest in the series.
16-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
259 m²
Building footprint
261 m²
Volume, LiDAR
4,041 m³
Parcel 21910E0121/00P004, Brussels · tallest building 26.0 m, ±6 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
TEO CONSULT
François-Joseph Navezstraat 93, 1030 SchaarbeekActivities of head offices; management consultancy activities
since 20222.326.646.057
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21910E0121/00P004 Brussels 259 m² 1 · 261 m² 26.0 m · 6 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.

Similar companies · same sector, comparable size

Of 82,601 companies in this sector we hold annual accounts for 52,629. 34,675 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded18-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82100Office administrative and support services
82300Organisation of conventions and trade shows
85592Vocational training
94120Activities of professional membership organisations
Contact
E-mail telli.billen@live.be
E-mail TEOCONSULT2022@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:0780607894
Registered 04-12-2025

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.