TESS-VS
ActiveTESS-VS has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €174k and a net result of €22k. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 53% of 18016 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
79
/ 100
Excellent▲ +10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▲+57
Solvency69▼-6
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.55 in 2024), and 62% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
38%
Return on assets
4.7%
Age of the figures
13 mo
neutral · Filed after the deadline
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 04-05-2026, 65 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
65 d late
2024
125 d late
2023
31 d early
2022
33 d early
2021
10 d late
2020
20 d early
2019
93 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-07-2026 close14-09-2026 today28-02-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€22k▲ 1,278%
2024 · €2k
2019: €13k
2020: €2k
2021: €31k
2022: €3k
2023: €6k
2024: €2k
2019 → 2025
Working capital
€126k▲ 9.1%
2024 · €116k
2019: €93k
2020: €98k
2021: €131k
2022: €132k
2023: €139k
2024: €116k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€142k-€145k▲ 1.8%€151k▲ 4.1%€152k▲ 1.0%€174k▲ 14.3%
Operating result€42k-€4k▼ 89.6%€14k▲ 212%€12k▼ 9.5%€39k▲ 215%
Net result€31k-€3k▼ 91.7%€6k▲ 130%€2k▼ 73.6%€22k▲ 1,278%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 215% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €458k
Fixed assets
€55k▲ 15.2%
Current assets
€403k▲ 23.5%
Equity and liabilities €458k
Equity
€174k▲ 14.3%
Debt
€284k▲ 28.0%
The debt ratio rises from 59.3% to 62.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€49k▲
2024 · €18k
Cash flow
€32k▲
2024 · €8k
Solvency
38.0%▼
2024 · 40.7%
Current ratio
1.45▼
2024 · 1.55
Quick ratio
0.13▼
2024 · 0.20
Debt / equity
1.63▲
2024 · 1.46
ROE
12.5%▲
2024 · 1.0%
ROA
4.7%▲
2024 · 0.4%
Interest coverage
6.81▲
2024 · 3.27
Debt
€284k▲
2024 · €222k
Debt ≤ 1 year
€277k▲
2024 · €211k
Income taxes
€11k▲
2024 · €5k
Staff costs
€182k▲
2024 · €155k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€374k€458k▲
Formation expenses20€0€0=
Fixed assets21/28€48k€55k▲
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€28k€36k▲
Plant, machinery and equipment23€451€37▼
Furniture and vehicles24€4k€5k▲
Leasing and similar rights25€14k€11k▼
Other tangible fixed assets26€10k€20k▲
Financial fixed assets28€19k€19k=
Current assets29/58€327k€403k▲
Stocks and contracts in progress3€284k€367k▲
Stocks30/36€284k€367k▲
Cash at bank and in hand54/58€36k€29k▼
Deferred charges and accrued income490/1€7k€7k=
Equity and liabilities
Total equity and liabilities10/49€374k€458k▲
Equity10/15€152k€174k▲
Contributions10/11€50k€50k=
Outside capital11€50k-
Other1109/19€50k-
Reserves13€102k€124k▲
Distributable reserves133€102k€124k▲
Amounts payable17/49€222k€284k▲
Amounts payable within one year42/48€211k€277k▲
Financial debts43-€10k
Credit institutions430/8-€10k
Trade debts44€107k€174k▲
Suppliers440/4€107k€174k▲
Taxes, remuneration and social security45€46k€44k▼
Taxes450/3€24k€21k▼
Remuneration and social security454/9€22k€23k▲
Other amounts payable47/48€58k€49k▼
Accrued charges and deferred income492/3€11k€7k▼
Income statement
Code20242025
Remuneration, social security and pensions62€155k€182k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€10k▲
Other operating charges640/8€5k€4k▼
Non-recurring operating charges66A€2k-
Gross operating margin9900€181k€235k▲
Operating profit (loss)9901€12k€39k▲
Financial income75/76B€602€1k▲
Recurring financial income75€602€1k▲
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Non-recurring financial charges66B€553-
Profit (loss) for the period before taxes9903€7k€33k▲
Income taxes67/77€5k€11k▲
Profit (loss) for the period9904€2k€22k▲
Profit (loss) for the period to be appropriated9905€2k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€22k▲
Transfer to equity691/2€2k€22k▲
To other reserves6921€2k€22k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 65 days late
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 125 days late
2024
31-07
Financial
Weakest financial yearnet €2k ▼73.6%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
Financial
Equity above €150kEq €151k ▲4.1%
5 profitable years in a row build equity to €151k.
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
10-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 10 days late
2021
31-07
Financial
Highest result since 2019net €31k ▲1325%
Operating result €42k, net result €31k, both a record.
08-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
07-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
20-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Charleroi · 2 establishment units since 2015
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.
Rue de Dampremy 286000 CharleroiGround area
1,409 m²
Building footprint
539 m²
Volume, LiDAR
1,861 m³
2 parcels, Wallonia · tallest building 9.4 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
TESS-VS
since 20152.241.904.877
TESS-VS
since 20242.355.945.403
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56058B0340/00W000 | Wallonia | 1,232 m² | 1 · 425 m² | 9.4 m · 1 fl. |
| 52011C0162/00D000 | Wallonia | 176 m² | 1 · 114 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
PING AN 168
BE 0478.311.354
Boussu · Eq €174k
MARO
BE 0471.925.685
Hamont-Achel · Eq €174k
Sportico28
BE 0812.071.231
Mechelen · Eq €174k
FASHION UP SIDE DOWN
BE 0552.746.580
Bilzen-Hoeselt · Eq €174k
BIKERS DESIGN
BE 0452.090.670
Liège · Eq €173k
Of 6,459 companies in sector 47716 we hold annual accounts for 2,424. 1,810 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-05-2015
Fiscal year end31-07
Activities, NACEBEL
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47721Retail sale of footwear
47722Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.