TEPAU
ActiveTEPAU has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €878k and a net result of €214k. Equity is growing by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 92% of 36374 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
100
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 8.05 against 9.26 in 2023), and 11.9% 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.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2024Solvency, return and age of the figures
Solvency
88.1%
Return on assets
21.5%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 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
not confirmed
2024
31 d late
2023
61 d late
2022
90 d late
2021
90 d late
2020
119 d late
2019
225 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€878k▲ 32.3%
2023 · €663k
2018: €139k
2019: €242k
2020: €344k
2021: €427k
2022: €504k
2023: €663k
2018 → 2024
Total assets
€997k▲ 35.1%
2023 · €737k
2018: €240k
2019: €389k
2020: €487k
2021: €518k
2022: €577k
2023: €737k
2018 → 2024
Net result
€214k▲ 34.8%
2023 · €159k
2018: €18k
2019: €117k
2020: €102k
2021: €83k
2022: €77k
2023: €159k
2018 → 2024
Working capital
€838k▲ 37.3%
2023 · €611k
2018: €118k
2019: €221k
2020: €327k
2021: €410k
2022: €493k
2023: €611k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€344k-€427k▲ 24.1%€504k▲ 18.1%€663k▲ 31.5%€878k▲ 32.3%
Operating result€148k-€112k▼ 24.1%€97k▼ 14.1%€236k▲ 144%€310k▲ 31.5%
Net result€102k-€83k▼ 18.3%€77k▼ 7.1%€159k▲ 106%€214k▲ 34.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 31% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €997k
Fixed assets
€39k▼ 25.3%
Current assets
€957k▲ 39.8%
Equity and liabilities €997k
Equity
€878k▲ 32.3%
Debt
€119k▲ 60.7%
The debt ratio rises from 10.0% to 11.9%: debt grows faster than equity.
Key figures and ratios
EBITDA
€323k▲
2023 · €238k
Cash flow
€228k▲
2023 · €162k
Solvency
88.1%▼
2023 · 90.0%
Current ratio
8.05▼
2023 · 9.26
Quick ratio
7.84▼
2023 · 8.92
Debt / equity
0.14▲
2023 · 0.11
ROE
24.4%▲
2023 · 24.0%
ROA
21.5%▼
2023 · 21.6%
Interest coverage
7428.42▲
2023 · 1994.99
Debt
€119k▲
2023 · €74k
Debt ≤ 1 year
€119k▲
2023 · €74k
Income taxes
€103k▲
2023 · €82k
Staff costs
€170
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€737k€997k▲
Fixed assets21/28€53k€39k▼
Tangible fixed assets22/27€53k€39k▼
Furniture and vehicles24€44k€33k▼
Other tangible fixed assets26€9k€7k▼
Current assets29/58€685k€957k▲
Stocks and contracts in progress3€25k€25k=
Stocks30/36€25k€25k=
Amounts receivable within one year40/41€273k€333k▲
Trade receivables40€272k€322k▲
Other amounts receivable41€1k€10k▲
Cash at bank and in hand54/58€387k€597k▲
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€737k€997k▲
Equity10/15€663k€878k▲
Contributions10/11€19k€19k=
Reserves13€548k€763k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€6k€6k=
Distributable reserves133€541k€755k▲
Profit (loss) carried forward14€96k€96k▲
Amounts payable17/49€74k€119k▲
Amounts payable within one year42/48€74k€119k▲
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45€50k€115k▲
Taxes450/3€50k€115k▲
Other amounts payable47/48€21k-
Income statement
Code20232024
Remuneration, social security and pensions62-€170
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€13k▲
Other operating charges640/8€832€1k▲
Gross operating margin9900€239k€325k▲
Operating profit (loss)9901€236k€310k▲
Financial income75/76B€6k€7k▲
Recurring financial income75€6k€7k▲
Financial charges65/66B€120€44▼
Recurring financial charges65€120€44▼
Profit (loss) for the period before taxes9903€241k€317k▲
Income taxes67/77€82k€103k▲
Profit (loss) for the period9904€159k€214k▲
Profit (loss) for the period to be appropriated9905€159k€214k▲
Appropriation of the result
Profit (loss) to be appropriated9906€255k€311k▲
Profit (loss) brought forward from the previous period14P€96k€96k▲
Transfer to equity691/2€159k€214k▲
To other reserves6921€159k€214k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Highest result since 2018net €214k ▲34.8%
Operating result €310k, net result €214k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
29-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 90 days late
2022
31-12
Financial
Equity above €500kEq €504k ▲18.1%
5 profitable years in a row build equity to €504k.
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 90 days late
2021
27-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 119 days late
13-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 225 days late
2019
31-12
Financial
Equity above €200kEq €242k ▲75%
2 profitable years in a row build equity to €242k.
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
01-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 1992
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.
Boomgaardstraat 142070 Beveren-Kruibeke-ZwijndrechtGround area
478 m²
Building footprint
134 m²
Volume, LiDAR
696 m³
Parcel 11011A0262/00C003, Flanders · tallest building 10.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
TEPAU
since 19922.059.697.109
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11011A0262/00C003 | Flanders | 478 m² | 1 · 134 m² | 10.8 m · 1 fl. |
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.
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ARPA-TECH
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ECO project
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BIYIK
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Of 22,740 companies in sector 43211 we hold annual accounts for 10,275. 5,024 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-03-1992
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.