TequieroConstruction Cooperation
ActiveSummary
TequieroConstruction Cooperation has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22,632 and a net result of €2,673. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 54% of 28281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability66▼-11
Solvency76▼-11
Growth45▼-23
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 2.24 against 2.74 in 2024; short-term debt: 44% and cash: 0.3% of total assets), and 49.4% 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
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
50.6%
Return on assets
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
8 d early
2023
7 d early
2022
on the day
2021
61 d late
2020
110 d late
2019
105 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 37 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 31 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€164,650▼ 41.1%
2024 · €279,533
EBIT margin
3.7%▲ 0.7pp
2024 · 3.0%
Net result
€2,673▼ 56.7%
2024 · €6,172
Working capital
€24,467▲ 46.1%
2024 · €16,747
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
Line20212022202320242025
Turnover€168,904€216,685▲ 28.3%€279,533▲ 29.0%€164,650▼ 41.1%
Operating result-€5,600▼ 666%€10,203€4,012▼ 60.7%€8,279▲ 106%€6,039▼ 27.1%
Net result-€4,578below the sector's middle half▼ 105%€9,107within the sector's middle half-€89below the sector's middle half€6,172within the sector's middle half€2,673within the sector's middle half▼ 56.7%
EBIT margin6.0%1.9%▼ 4.2pp3.0%▲ 1.1pp3.7%▲ 0.7pp
Equity€4,769below the sector's middle half▼ 49.0%€13,876below the sector's middle half▲ 191%€13,787below the sector's middle half▼ 0.6%€19,959below the sector's middle half▲ 44.8%€22,632within the sector's middle half▲ 13.4%
Total assets€47,567below the sector's middle half▼ 37.9%€64,666below the sector's middle half▲ 35.9%€59,145below the sector's middle half▼ 8.5%€32,002below the sector's middle half▼ 45.9%€44,745below the sector's middle half▲ 39.8%
Debt€42,798▼ 36.3%€50,790▲ 18.7%€45,358▼ 10.7%€12,043▼ 73.4%€22,113▲ 83.6%
Working capital€9,270within the sector's middle half▼ 75.4%€1,785below the sector's middle half▼ 80.7%€5,618within the sector's middle half▲ 215%€16,747within the sector's middle half▲ 198%€24,467within the sector's middle half▲ 46.1%
Solvency10.0%below the sector's middle half▼ 2.2pp21.5%below the sector's middle half▲ 11.4pp23.3%within the sector's middle half▲ 1.9pp62.4%within the sector's middle half▲ 39.1pp50.6%within the sector's middle half▼ 11.8pp
Current ratio1.35within the sector's middle half▼ 1.241.05below the sector's middle half▼ 0.311.14within the sector's middle half▲ 0.102.74within the sector's middle half▲ 1.602.24within the sector's middle half▼ 0.50
Return on assets (ROA)-9.6%below the sector's middle half▼ 6.7pp14.1%within the sector's middle half▲ 23.7pp-0.2%below the sector's middle half▼ 14.2pp19.3%above the sector's middle half▲ 19.4pp6.0%within the sector's middle half▼ 13.3pp
Staff (FTE)0.1
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction 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
The operating result falls in 2025; 2025 is 27% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €44,745
Fixed assets
€582 ▼ 89.7%
Current assets
€44,163 ▲ 67.5%
Equity and liabilities €44,745
Equity
€22,632 ▲ 13.4%
Debt
€22,113 ▲ 83.6%
Debt's share of the balance-sheet total rises from 37.6% to 49.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€11,086▼
2024 · €17,094
Cash flow
€7,720▼
2024 · €14,987
Quick ratio
1.05▲
2024 · 0.12
Debt to equity
0.98▲
2024 · 0.60
ROE
11.8%▼
2024 · 30.9%
Interest coverage
6.92▼
2024 · 7.32
Debt ≤ 1 year
€19,696▲
2024 · €9,626
Debt > 1 year
€2,417=
2024 · €2,417
Income taxes
€2,894▲
2024 · €306
Staff costs
€21,298▲
2024 · €17,565
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
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 0.2% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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 31,370 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €168,904 | €216,685 | €279,533 | €164,650 | ▼ 41.1% |
| Goods, raw materials, services and sundry goods60/61 | - | €147,731 | €191,759 | €243,275 | €131,660 | ▼ 45.9% |
| Remuneration, social security and pensions62 | - | €320 | €6,854 | €17,565 | €21,298 | ▲ 21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,358 | €6,792 | €10,772 | €8,815 | €5,047 | ▼ 42.7% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €605 | - |
| Other operating charges640/8 | €1,305 | €3,857 | €3,291 | €1,599 | - | - |
| Gross operating margin9900 | €2,063 | €21,172 | €24,929 | €36,258 | €32,989 | ▼ 9.0% |
| Operating profit (loss)9901 | -€5,600 | €10,203 | €4,012 | €8,279 | €6,039 | ▼ 27.1% |
| Financial income75/76B | €4,972 | €1,452 | €346 | €535 | €1,129 | ▲ 111% |
| Recurring financial income75 | €4,972 | €1,452 | €346 | €535 | €1,129 | ▲ 111% |
| Financial charges65/66B | €3,428 | €2,548 | €2,669 | €2,336 | €1,601 | ▼ 31.5% |
| Recurring financial charges65 | €3,428 | €2,548 | €2,669 | €2,336 | €1,601 | ▼ 31.5% |
| Profit (loss) for the period before taxes9903 | -€4,056 | €9,107 | €1,689 | €6,478 | €5,567 | ▼ 14.1% |
| Income taxes67/77 | €522 | - | €1,778 | €306 | €2,894 | ▲ 846% |
| Profit (loss) for the period9904 | -€4,578 | €9,107 | -€89 | €6,172 | €2,673 | ▼ 56.7% |
| Profit (loss) for the period to be appropriated9905 | -€4,578 | €9,107 | -€89 | €6,172 | €2,673 | ▼ 56.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €47,567 | €64,666 | €59,145 | €32,002 | €44,745 | ▲ 39.8% |
| Fixed assets21/28 | €12,019 | €23,253 | €13,701 | €5,629 | €582 | ▼ 89.7% |
| Intangible fixed assets21 | - | - | €0 | €0 | - | - |
| Tangible fixed assets22/27 | €11,730 | €23,003 | €13,451 | €5,379 | €332 | ▼ 93.8% |
| Plant, machinery and equipment23 | €3,133 | €2,806 | €2,364 | €1,590 | €332 | ▼ 79.1% |
| Furniture and vehicles24 | €8,597 | €20,197 | €11,087 | €3,789 | - | - |
| Financial fixed assets28 | €289 | €250 | €250 | €250 | €250 | = |
| Current assets29/58 | €35,548 | €41,413 | €45,444 | €26,373 | €44,163 | ▲ 67.5% |
| Stocks and contracts in progress3 | €19,842 | €25,237 | €20,815 | €25,223 | €23,457 | ▼ 7.0% |
| Stocks30/36 | €19,842 | €25,237 | €20,815 | €25,223 | €23,457 | ▼ 7.0% |
| Amounts receivable within one year40/41 | €15,612 | €15,876 | €24,329 | €1,031 | €20,576 | ▲ 1,896% |
| Trade receivables40 | €15,612 | €14,274 | €24,329 | €1,000 | €16,908 | ▲ 1,591% |
| Other amounts receivable41 | - | €1,602 | - | €31 | €3,668 | ▲ 11,732% |
| Cash at bank and in hand54/58 | €94 | - | - | €119 | €130 | ▲ 9.2% |
| Deferred charges and accrued income490/1 | - | €300 | €300 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €47,567 | €64,666 | €59,145 | €32,002 | €44,745 | ▲ 39.8% |
| Equity10/15 | €4,769 | €13,876 | €13,787 | €19,959 | €22,632 | ▲ 13.4% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €20,451 | €20,451 | = |
| Revaluation surpluses12 | - | - | €0 | - | - | - |
| Reserves13 | €14,189 | €14,189 | €14,189 | €12,331 | €12,331 | = |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €1,859 | - | - | - |
| Tax-exempt reserves132 | €12,330 | €12,330 | €12,330 | €12,331 | €12,331 | = |
| Profit (loss) carried forward14 | -€28,012 | -€18,905 | -€18,994 | -€12,823 | -€10,150 | ▲ 20.8% |
| Amounts payable17/49 | €42,798 | €50,790 | €45,358 | €12,043 | €22,113 | ▲ 83.6% |
| Amounts payable after more than one year17 | €16,520 | €9,662 | €5,532 | €2,417 | €2,417 | = |
| Financial debts170/4 | €16,520 | €9,662 | €5,532 | €2,417 | €2,417 | = |
| Amounts payable within one year42/48 | €26,278 | €39,628 | €39,826 | €9,626 | €19,696 | ▲ 105% |
| Current portion of amounts payable after more than one year42 | - | €3,312 | €1,134 | - | - | - |
| Financial debts43 | €19,297 | €16,276 | €23,177 | €1,725 | €11,237 | ▲ 551% |
| Credit institutions430/8 | €19,297 | €16,276 | €23,177 | €1,725 | €11,237 | ▲ 551% |
| Trade debts44 | €5,733 | €8,768 | €14,957 | €7,901 | €4,734 | ▼ 40.1% |
| Suppliers440/4 | €5,733 | €8,768 | €14,957 | €7,901 | €4,734 | ▼ 40.1% |
| Taxes, remuneration and social security45 | €1,248 | €297 | - | - | €3,725 | - |
| Taxes450/3 | €1,248 | - | - | - | €3,725 | - |
| Remuneration and social security454/9 | - | €297 | - | - | - | - |
| Other amounts payable47/48 | - | €10,975 | €558 | - | - | - |
| Accrued charges and deferred income492/3 | - | €1,500 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,578 | €9,107 | -€89 | €6,172 | €2,673 | ▼ 56.7% |
| + Depreciation and write-downs630 | €6,358 | €6,792 | €10,772 | €8,815 | €5,047 | ▼ 42.7% |
| Operating cash flow (approximation) | €1,780 | €15,899 | €10,683 | €14,987 | €7,720 | ▼ 48.5% |
| Investment in fixed assets (approximation) | - | -€18,026 | -€1,220 | -€743 | €0 | ▲ 100% |
| Change in cash | - | - | - | - | €11 | - |
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
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €6,172
Net result €6,172 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.74
Current ratio from 1.14 to 2.74; short-term debt falls from €39,826 to €9,626.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €9,107
Net result €9,107 after 2 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Weakest financial yearnet -€4,578
Net result drops to -€4,578, the lowest in the series; recovery starts the following year.
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 110 days late
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 105 days late
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 55 days late
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Genk · 1 establishment unit since 1995
Ground area
653 m²
Building footprint
247 m²
Volume, LiDAR
1,117 m³
Parcel 71306G0157/00P012, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
TEQUIERO CONSTRUCTION COÖPERATION CVBA
since 19952.074.479.711
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71306G0157/00P012 | Flanders | 653 m² | 1 · 247 m² | 7.7 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 395 EUR awarded · 395 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 225 EUR | 225 EUR |
| 2022 | 1 | 170 EUR | 170 EUR |
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Of 22,829 companies in sector 43211 we hold annual accounts for 10,334. 7,455 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded04-12-1995
Fiscal year end31-12
Abbreviation NL
TEQUIERO
Activities, NACEBEL 2025
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
41001General construction of residential buildings
47521Retail sale of hardware, building materials, paint and glass (general range)
47552Retail sale of lighting equipment
71111Activities of building architects
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0456586324
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.