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TESHAM

Active
Private limited companyfounded 20233 years activeLauwbergstraat 33, 8930 Menen, BelgiumKBO/BCE: BE 0799.109.952
Summary

The computed 12-month bankruptcy probability of TESHAM is 8.2% (elevated). The 2024 annual accounts show equity of €51,455 and a net result of €54,988. Its solvency ranks better than 33% of 6,728 sector peers (NACE 49, fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Freight transport by road
NACE 49410
2 sites
Size
€244,656total assets 2024
Staff
2.8 FTE
Equity
€51,455
Profit
€54,988
Turnover not published (abridged schema)
Financial health
35 Weak Checked score 2024
Bankruptcy probability, 12 months
8.2%
Structure
Accounts filed 92 days late0 of 1 deed read
Why 35- 1 financial year not filed after the legal deadline; latest accounts 92 days late; 1 of the last 3 late- Founded in 2023- Sector Land transport and transport via pipelines (NACE 49)- 2 establishment unitsShow the evidence

Checked score

Score 2024
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 48% of its sector peers (NACE 49, micro)
Financial strength
Average
Solvency 46
equity 21.0% of total assets
Liquidity 30
short-term debt 53.5% · cash 6.1%
Profitability 97
return on assets 22.5%
Bankruptcy probability, 12 months
8.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,060 companies)
Last 24 months 11-2024: 5.0% 12-2024: 4.8%▼ -0.2 percentage points vs 11-2024lowest value 01-2025: 4.8%● unchanged vs 12-2024 02-2025: 6.0%▲ +1.2 percentage points vs 01-2025 03-2025: 6.0%● unchanged vs 02-2025 04-2025: 6.0%● unchanged vs 03-2025 05-2025: 6.0%● unchanged vs 04-2025 06-2025: 6.0%● unchanged vs 05-2025 07-2025: 6.0%● unchanged vs 06-2025 08-2025: 6.0%● unchanged vs 07-2025 09-2025: 9.6%▲ +3.6 percentage points vs 08-2025highest value 10-2025: 9.6%● unchanged vs 09-2025highest value 11-2025: 7.4%▼ -2.2 percentage points vs 10-2025 12-2025: 7.4%● unchanged vs 11-2025 01-2026: 7.3%▼ -0.1 percentage points vs 12-2025 02-2026: 7.3%● unchanged vs 01-2026 03-2026: 7.3%● unchanged vs 02-2026 04-2026: 7.4%▲ +0.1 percentage points vs 03-2026 05-2026: 7.3%▼ -0.1 percentage points vs 04-2026 06-2026: 7.3%● unchanged vs 05-2026 07-2026: 7.4%▲ +0.1 percentage points vs 06-2026 08-2026: 7.9%▲ +0.5 percentage points vs 07-2026 09-2026: 8.1%▲ +0.2 percentage points vs 08-2026 10-2026: 8.2%▲ +0.1 percentage points vs 09-2026
Credit up to €1,500 at 30 days only on tighter terms
Liquidity short (current ratio 0.51; short-term debt: 53.5% and cash: 6.1% of total assets), and 79% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro): better than 33% on solvency, 27% on liquidity and 85% on profitability.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 92 days late; 1 of the last 3 late
NBB · filings
raises risk · Founded in 2023
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Sector Land transport and transport via pipelines (NACE 49)
KBO
raises risk · 2 establishment units
KBO · seat and establishments
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 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 · 1 filing
Deviation from the deadline
2024
92 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 92 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Positive: Among the best 9% on net resultsector median €5,766 · 6,692 companies €54,988 View
  • Caution: Latest accounts filed lateafter the legal deadline 92 days View
  • Total assets 2024first fiscal year filed €244,656 View

By topic

Financials

Fiscal year
2024
Total assets
€244,656
Profit
€54,988
Solvency
21.0%
Go to Financials

Company details

Sites
2
Legal form
Private limited company
Activity
Freight transport by roadNACE 49410
Founded
02-03-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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