TEOSTAN
ActiveThe computed 12-month bankruptcy probability of TEOSTAN is 2.3% (moderate). The 2024 annual accounts show equity of €131k and a net result of €39k. Equity is growing by ~38% per year across the filed fiscal years. Its solvency ranks better than 86% of 9982 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▲+3
Solvency100▲+5
Growth35=
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 4.51 against 3.29 in 2023; short-term debt: 22% and cash: 1.2% of total assets), and 22% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
30 d early
2022
46 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€445k▲ 0.4%
2023 · €443k
2022: €860k
2023: €443k
2022 → 2024
EBIT margin
11.4%▲ 2.5pp
2023 · 8.9%
2022: 8.3%
2023: 8.9%
2022 → 2024
Net result
€39k▲ 29.9%
2023 · €30k
2022: €56k
2023: €30k
2022 → 2024
Working capital
€130k▲ 45.5%
2023 · €89k
2022: €55k
2023: €89k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€860k-€443k▼ 48.5%€445k▲ 0.4%
Equity€61k-€92k▲ 49.3%€131k▲ 42.9%
Operating result€71k-€39k▼ 44.8%€51k▲ 28.3%
Net result€56k-€30k▼ 46.3%€39k▲ 29.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 28% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €168k
Fixed assets
€1k▼ 54.2%
Current assets
€167k▲ 30.2%
Equity and liabilities €168k
Equity
€131k▲ 42.9%
Debt
€37k▼ 4.9%
The debt ratio falls from 29.8% to 22.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€52k▲
2023 · €43k
Cash flow
€41k▲
2023 · €34k
Solvency
78.0%▲
2023 · 70.2%
Current ratio
4.51▲
2023 · 3.29
Quick ratio
4.51▲
2023 · 3.29
Debt / equity
0.28▼
2023 · 0.42
ROE
30.0%▼
2023 · 33.0%
ROA
23.4%▲
2023 · 23.2%
Interest coverage
122.39▼
2023 · 246.70
Debt
€37k▼
2023 · €39k
Debt ≤ 1 year
€37k▼
2023 · €39k
Income taxes
€11k▲
2023 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€130k€168k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€1k-
Furniture and vehicles24€1k-
Financial fixed assets28€1k€1k=
Current assets29/58€128k€167k▲
Amounts receivable within one year40/41€57k€163k▲
Trade receivables40€25k€111k▲
Other amounts receivable41€31k€52k▲
Cash at bank and in hand54/58€71k€2k▼
Deferred charges and accrued income490/1€653€1k▲
Equity and liabilities
Total equity and liabilities10/49€130k€168k▲
Equity10/15€92k€131k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€87k€126k▲
Amounts payable17/49€39k€37k▼
Amounts payable within one year42/48€39k€37k▼
Financial debts43-€10k
Credit institutions430/8-€10k
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€36k€24k▼
Taxes450/3€10k€10k▲
Remuneration and social security454/9€27k€14k▼
Income statement
Code20232024
Turnover70€443k€445k▲
Non-recurring operating income76A€3k€9k▲
Goods, raw materials, services and sundry goods60/61€401k€402k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€1k▼
Other operating charges640/8€2k€414▼
Gross operating margin9900€45k€52k▲
Operating profit (loss)9901€39k€51k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€176€424▲
Recurring financial charges65€176€424▲
Profit (loss) for the period before taxes9903€39k€50k▲
Income taxes67/77€9k€11k▲
Profit (loss) for the period9904€30k€39k▲
Profit (loss) for the period to be appropriated9905€30k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€87k€126k▲
Profit (loss) brought forward from the previous period14P€56k€87k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €131k ▲42.9%
3 profitable years in a row build equity to €131k.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €30k ▼46.3%
Net result drops to €30k, the lowest in the series; recovery starts the following year.
15-06
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.
Directors · office · real estate
Directors
5 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, Ecaussinnes · 1 establishment unit since 2021
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.
Rue Joseph Wauters 34A7190 EcaussinnesGround area
322 m²
Building footprint
88 m²
Parcel 55024D0216/00G002, Wallonia. Linked by address, not a title deed.
1 establishment unit
TEOSTAN
since 20212.317.085.916
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55024D0216/00G002 | Wallonia | 322 m² | 1 · 88 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
Recognitions · licences · registrations
Legal Entity Identifier
254900LZ8MTVZHJC4Y15
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Of 29,803 companies in sector 41001 we hold annual accounts for 16,040. 12,850 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-04-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43211General electrical installation work
43221Plumbing work
43240Other construction installation
43299Specialised construction activities
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.