Summary
TePiC is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €1.5m and a net result of €506,650. Equity is growing by ~18.4% per year across the filed fiscal years. Its solvency ranks better than 77% of 9866 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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
25 d late
2023
27 d late
2022
36 d late
2021
17 d late
2020
27 d late
2019
55 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€1.5m▲ 34.4%
2023 · €1.1m
Net result
€506,650▲ 557%
2023 · €77,155
Total assets
€1.8m▲ 37.9%
2023 · €1.3m
Solvency
80.1%▼ 2.1pp
2023 · 82.2%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€262,426▼ 6.2%€381,580▲ 45.4%€81,363▼ 78.7%€97,394▲ 19.7%€107,945▲ 10.8%
Net result€180,350above the sector's middle half▼ 3.4%€268,845above the sector's middle half▲ 49.1%€58,590within the sector's middle half▼ 78.2%€77,155within the sector's middle half▲ 31.7%€506,650above the sector's middle half▲ 557%
Equity€758,087above the sector's middle half▲ 31.2%€946,316above the sector's middle half▲ 24.8%€1.0mabove the sector's middle half▲ 6.2%€1.1mwithin the sector's middle half▲ 7.7%€1.5mabove the sector's middle half▲ 34.4%
Total assets€1.0mabove the sector's middle half▲ 71.7%€1.3mabove the sector's middle half▲ 26.6%€1.3mabove the sector's middle half▼ 4.0%€1.3mwithin the sector's middle half▲ 4.1%€1.8mabove the sector's middle half▲ 37.9%
Debt€281,872▲ 914%€370,529▲ 31.5%€259,578▼ 29.9%€234,162▼ 9.8%€360,256▲ 53.8%
Working capital€547,752▼ 5.0%€526,757▼ 3.8%€587,903▲ 11.6%€591,974▲ 0.7%€1.1m▲ 88.9%
Solvency72.9%within the sector's middle half▼ 22.5pp71.9%within the sector's middle half▼ 1.0pp79.5%above the sector's middle half▲ 7.6pp82.2%above the sector's middle half▲ 2.7pp80.1%above the sector's middle half▼ 2.1pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2024 Net result +557% on 2023. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 11% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.8m
Fixed assets
€467,799 ▼ 26.3%
Current assets
€1.3m ▲ 97.6%
Equity and liabilities €1.8m
Equity
€1.5m ▲ 34.4%
Debt
€360,256 ▲ 53.8%
Debt's share of the balance-sheet total rises from 17.8% to 19.9%. Equity and debt are higher.
Key figures and ratios
ROE
34.8%▲
2023 · 7.1%
ROA
27.9%▲
2023 · 5.9%
Debt ≤ 1 year
€228,487▲
2023 · €89,470
Debt > 1 year
€131,769▼
2023 · €144,691
Income taxes
€82,780▲
2023 · €30,856
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,439 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €69,989 | €12,936 | €15,181 | €23,681 | €37,880 | ▲ 60.0% |
| Other operating charges640/8 | - | €3,983 | €4,865 | €5,430 | €8,822 | ▲ 62.5% |
| Gross operating margin9900 | €335,704 | €398,499 | €101,410 | €126,504 | €154,647 | ▲ 22.2% |
| Operating profit (loss)9901 | €262,426 | €381,580 | €81,363 | €97,394 | €107,945 | ▲ 10.8% |
| Financial income75/76B | - | €11,552 | €5,692 | €12,931 | €483,786 | ▲ 3,641% |
| Recurring financial income75 | €1,347 | €11,552 | €5,692 | €12,931 | €33,373 | ▲ 158% |
| Non-recurring financial income76B | - | - | - | - | €450,413 | - |
| Financial charges65/66B | - | €3,219 | €3,019 | €2,314 | €2,300 | ▼ 0.6% |
| Recurring financial charges65 | €2,968 | €3,219 | €3,019 | €2,314 | €2,300 | ▼ 0.6% |
| Profit (loss) for the period before taxes9903 | €260,805 | €389,913 | €84,036 | €108,011 | €589,430 | ▲ 446% |
| Income taxes67/77 | €80,454 | €121,069 | €25,446 | €30,856 | €82,780 | ▲ 168% |
| Profit (loss) for the period9904 | €180,350 | €268,845 | €58,590 | €77,155 | €506,650 | ▲ 557% |
| Profit (loss) for the period to be appropriated9905 | €180,350 | €268,845 | €58,590 | €77,155 | €506,650 | ▲ 557% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €1.3m | €1.3m | €1.3m | €1.8m | ▲ 37.9% |
| Fixed assets21/28 | €392,903 | €589,649 | €574,468 | €634,778 | €467,799 | ▼ 26.3% |
| Tangible fixed assets22/27 | €392,848 | €390,850 | €375,669 | €435,979 | €467,744 | ▲ 7.3% |
| Land and buildings22 | - | €382,952 | €373,139 | €363,326 | €353,513 | ▼ 2.7% |
| Plant, machinery and equipment23 | - | - | - | - | €16,194 | - |
| Furniture and vehicles24 | - | €7,898 | €2,530 | €53,479 | €98,037 | ▲ 83.3% |
| Other tangible fixed assets26 | - | - | - | €19,174 | - | - |
| Financial fixed assets28 | €55 | €198,799 | €198,799 | €198,799 | €55 | ▼ 100.0% |
| Current assets29/58 | €647,056 | €727,196 | €690,017 | €681,445 | €1.3m | ▲ 97.6% |
| Amounts receivable within one year40/41 | €83,993 | €72,817 | €85,874 | €61,100 | €73,256 | ▲ 19.9% |
| Trade receivables40 | - | €72,770 | €85,874 | €61,100 | €72,501 | ▲ 18.7% |
| Other amounts receivable41 | - | €47 | - | - | €756 | - |
| Current investments50/53 | €44,642 | €101,933 | €132,003 | €382,003 | €1.1m | ▲ 196% |
| Cash at bank and in hand54/58 | €516,406 | €552,446 | €472,139 | €234,690 | €126,519 | ▼ 46.1% |
| Deferred charges and accrued income490/1 | - | - | - | €3,652 | €14,919 | ▲ 309% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €1.3m | €1.3m | €1.3m | €1.8m | ▲ 37.9% |
| Equity10/15 | €758,087 | €946,316 | €1.0m | €1.1m | €1.5m | ▲ 34.4% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €751,887 | €940,116 | €998,706 | €1.1m | €1.4m | ▲ 34.6% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | €938,256 | €996,846 | €1.1m | €1.4m | ▲ 34.8% |
| Amounts payable17/49 | €281,872 | €370,529 | €259,578 | €234,162 | €360,256 | ▲ 53.8% |
| Amounts payable after more than one year17 | €182,568 | €170,089 | €157,464 | €144,691 | €131,769 | ▼ 8.9% |
| Financial debts170/4 | - | €170,089 | €157,464 | €144,691 | €131,769 | ▼ 8.9% |
| Amounts payable within one year42/48 | €99,304 | €200,440 | €102,114 | €89,470 | €228,487 | ▲ 155% |
| Current portion of amounts payable after more than one year42 | - | €12,479 | €12,625 | €12,773 | €12,922 | ▲ 1.2% |
| Trade debts44 | €4,025 | €8,287 | €2,930 | €11,771 | €3,469 | ▼ 70.5% |
| Suppliers440/4 | - | €8,287 | €2,930 | €11,771 | €3,469 | ▼ 70.5% |
| Taxes, remuneration and social security45 | - | €78,773 | €18,808 | €14,677 | €56,796 | ▲ 287% |
| Taxes450/3 | - | €78,773 | €18,808 | €14,677 | €56,796 | ▲ 287% |
| Other amounts payable47/48 | - | €100,901 | €67,751 | €50,249 | €155,300 | ▲ 209% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €180,350 | €268,845 | €58,590 | €77,155 | €506,650 | ▲ 557% |
| + Depreciation and write-downs630 | €69,989 | €12,936 | €15,181 | €23,681 | €37,880 | ▲ 60.0% |
| Operating cash flow (approximation) | €250,340 | €281,781 | €73,771 | €100,835 | €544,530 | ▲ 440% |
| Investment in fixed assets (approximation) | - | -€209,682 | €0 | -€83,991 | €129,099 | ▲ 254% |
| Change in cash | - | €36,040 | -€80,307 | -€237,449 | -€108,171 | ▲ 54.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Highest result since 2018net €506,650 ▲557%
Net result €506,650, the highest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
05-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 36 days late
2022
31-12
Financial
Weakest financial yearnet €58,590 ▼78.2%
Net result drops to €58,590, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €1mEq €1.0m ▲6.2%
5 profitable years in a row build equity to €1.0m.
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 21.74
Current ratio from 5.30 to 21.74; short-term debt falls from €90,208 to €27,802.
31-12
Financial
Equity above €500,000Eq €577,736 ▲47.8%
2 profitable years in a row build equity to €577,736.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
Show earlier events
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
16-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 16 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, Hooglede · 1 establishment unit since 2011
Ground area
959 m²
Building footprint
221 m²
Volume, LiDAR
930 m³
Parcel 36006D0144/00S000, Flanders · tallest building 7.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
TePiC
since 20112.203.205.342
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36006D0144/00S000 | Flanders | 959 m² | 1 · 221 m² | 7.6 m · 1 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.
Recognitions · licences · registrations
Legal Entity Identifier
875500NGI6UVIP9FZZ74
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 11,847 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
Founded04-10-2011
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0839927057
Also
9925:BE0839927057
Registered
25-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.