TESAY
ActiveSummary
For TESAY, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (€-49k) and a net result of €13k. Equity is shrinking by ~68.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 9006 sector peers (fiscal year 2023). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability76▲+76
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2023Solvency, return and age of the figures
Solvency
-60.2%
Return on assets
15.5%
Age of the figures
33 mo
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 →
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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline25-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 13-02-2026, 562 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
562 d late
2022
56 d late
2021
60 d late
2020
45 d late
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€13k
2022 · €-30k
2018: €-92
2019: €-386
2020: €200
2021: €-44k
2022: €-30k
2018 → 2023
Working capital
€-49k▲ 20.5%
2022 · €-62k
2018: €9k
2019: €7k
2020: €12k
2021: €-32k
2022: €-62k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€12k-€12k▲ 1.7%€-32k€-62k▼ 92.5%€-49k▲ 20.5%
Operating result€-194-€441€-44k€-30k▲ 33.4%€14k
Net result€-386-€200€-44k€-30k▲ 33.0%€13k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €14k after a loss of €30k in 2022, the highest result in the available series.
Key figures and ratios
Solvency
-60.2%▲
2022 · -97.0%
Current ratio
0.62▲
2022 · 0.51
Debt to equity
-2.66▼
2022 · -2.03
ROA
15.5%▲
2022 · -46.6%
Debt
€131k▲
2022 · €126k
Debt ≤ 1 year
€131k▲
2022 · €126k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 33 lines
Balance sheet
Code20222023
Assets
Total assets20/58€64k€82k▲
Current assets29/58€64k€82k▲
Amounts receivable within one year40/41€63k€82k▲
Trade receivables40€58k€82k▲
Other amounts receivable41€5k€188▼
Cash at bank and in hand54/58€1k€146▼
Equity and liabilities
Total equity and liabilities10/49€64k€82k▲
Equity10/15€-62k€-49k▲
Contributions10/11€19k€19k=
Outside capital11-€19k
Other1109/19-€19k
Reserves13€496€496=
Non-distributable reserves130/1€496€496=
Reserves not available under the articles1311€496€496=
Profit (loss) carried forward14€-81k€-68k▲
Amounts payable17/49€126k€131k▲
Amounts payable within one year42/48€126k€131k▲
Current portion of amounts payable after more than one year42€45k€14k▼
Trade debts44€48k€50k▲
Suppliers440/4€48k€50k▲
Other amounts payable47/48€33k€67k▲
Income statement
Code20222023
Other operating charges640/8€488€39▼
Gross operating margin9900€-29k€14k▲
Operating profit (loss)9901€-30k€14k▲
Financial income75/76B€2-
Recurring financial income75€2-
Financial charges65/66B€246€1k▲
Recurring financial charges65€246€1k▲
Profit (loss) for the period before taxes9903€-30k€13k▲
Profit (loss) for the period9904€-30k€13k▲
Profit (loss) for the period to be appropriated9905€-30k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-81k€-68k▲
Profit (loss) brought forward from the previous period14P€-51k€-81k▼
Timeline · acts, filings and financial milestones
2026
13-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 562 days late
2023
31-12
Financial
Back to profitnet €13k
Net result €13k after 2 loss-making years.
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 56 days late
2022
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 60 days late
2021
31-12
Financial
Weakest financial yearnet €-44k
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
14-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 45 days late
2020
31-12
Financial
Back to profitnet €200
Net result €200 after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
25-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Wemmel · 1 establishment unit since 2005
Ground area
147 m²
Building footprint
144 m²
Volume, LiDAR
1,543 m³
Parcel 22662B0387/00R004, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
470
companies at this address
See who is registered here
1 establishment unit
TESAY
since 20052.149.935.615
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0387/00R004 | Flanders | 147 m² | 1 · 144 m² | 14.9 m · 4 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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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 10,017 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-10-1997
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.