TESSENOV
ActiveSummary
TESSENOV has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €175k and a net result of €42k. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 90% of 681 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability97▲+14
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 15.41 against 7.97 in 2024; short-term debt: 6% and cash: 77.1% of total assets), and 6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Publishing activities (NACE 58)
about 30% fewer bankruptcies
← 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
94%
Return on assets
22.4%
Age of the figures
9 mo
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
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
71 d early
2023
19 d early
2022
8 d late
2021
31 d late
2020
20 d late
2019
27 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€175k▲ 22.9%
2024 · €143k
2018: €101k
2019: €91k▼ -9.5% vs 2018lowest in 8 years
2020: €102k▲ +11.7% vs 2019
2021: €104k▲ +2.1% vs 2020
2022: €114k▲ +9.2% vs 2021
2023: €135k▲ +18.3% vs 2022
2024: €143k▲ +5.9% vs 2023
2025: €175k▲ +22.9% vs 2024highest in 8 years
2018 → 2025
Total assets
€187k▲ 16.0%
2024 · €161k
2018: €104k
2019: €100k▼ -4.1% vs 2018lowest in 8 years
2020: €111k▲ +11.3% vs 2019
2021: €118k▲ +6.6% vs 2020
2022: €144k▲ +21.7% vs 2021
2023: €161k▲ +12.0% vs 2022
2024: €161k▼ -0.3% vs 2023
2025: €187k▲ +16.0% vs 2024highest in 8 years
2018 → 2025
Net result
€42k▲ 133%
2024 · €18k
2018: €10k
2019: €9k▼ -9.7% vs 2018lowest in 8 years
2020: €11k▲ +18.0% vs 2019
2021: €33k▲ +210% vs 2020
2022: €22k▼ -33.0% vs 2021
2023: €35k▲ +57.3% vs 2022
2024: €18k▼ -48.7% vs 2023
2025: €42k▲ +133% vs 2024highest in 8 years
2018 → 2025
Working capital
€160k▲ 27.3%
2024 · €126k
2018: €66k
2019: €57k▼ -14.2% vs 2018lowest in 8 years
2020: €68k▲ +19.2% vs 2019
2021: €67k▼ -0.8% vs 2020
2022: €73k▲ +9.1% vs 2021
2023: €96k▲ +31.1% vs 2022
2024: €126k▲ +31.1% vs 2023
2025: €160k▲ +27.3% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€104k-€114k▲ 9.2%€135k▲ 18.3%€143k▲ 5.9%€175k▲ 22.9%
2021: €104klowest in 5 years
2022: €114k▲ +9.2% vs 2021
2023: €135k▲ +18.3% vs 2022
2024: €143k▲ +5.9% vs 2023
2025: €175k▲ +22.9% vs 2024highest in 5 years
Operating result€19k-€34k▲ 82.8%€53k▲ 54.2%€27k▼ 49.5%€60k▲ 127%
2021: €19klowest in 5 years
2022: €34k▲ +82.8% vs 2021
2023: €53k▲ +54.2% vs 2022
2024: €27k▼ -49.5% vs 2023
2025: €60k▲ +127% vs 2024highest in 5 years
Net result€33k-€22k▼ 33.0%€35k▲ 57.3%€18k▼ 48.7%€42k▲ 133%
2021: €33k
2022: €22k▼ -33.0% vs 2021
2023: €35k▲ +57.3% vs 2022
2024: €18k▼ -48.7% vs 2023lowest in 5 years
2025: €42k▲ +133% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 127% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €187k
Fixed assets
€15k ▼ 9.8%
Current assets
€171k ▲ 19.1%
Equity and liabilities €187k
Equity
€175k ▲ 22.9%
Debt
€11k ▼ 38.5%
Debt's share of the balance-sheet total falls from 11.2% to 6.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€62k▲
2024 · €28k
Cash flow
€43k▲
2024 · €19k
Current ratio
15.41▲
2024 · 7.97
Quick ratio
15.38▲
2024 · 7.95
Debt to equity
0.06▼
2024 · 0.13
ROE
23.8%▲
2024 · 12.6%
ROA
22.4%▲
2024 · 11.2%
Interest coverage
62.15▲
2024 · 25.84
Debt ≤ 1 year
€11k▼
2024 · €18k
Income taxes
€18k▲
2024 · €10k
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 · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€161k€187k▲
Fixed assets21/28€17k€15k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€1k€703▼
Furniture and vehicles24€630€122▼
Other tangible fixed assets26€1k€980▼
Financial fixed assets28€13k€13k=
Current assets29/58€144k€171k▲
Stocks and contracts in progress3€363€285▼
Stocks30/36€363€285▼
Amounts receivable within one year40/41€33k€26k▼
Trade receivables40€17k€17k=
Other amounts receivable41€16k€10k▼
Current investments50/53€0-
Cash at bank and in hand54/58€111k€144k▲
Deferred charges and accrued income490/1€0€1k▲
Equity and liabilities
Total equity and liabilities10/49€161k€187k▲
Equity10/15€143k€175k▲
Contributions10/11€13k€13k=
Reserves13€130k€163k▲
Distributable reserves133€130k€163k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€18k€11k▼
Amounts payable within one year42/48€18k€11k▼
Trade debts44€5k€5k▲
Suppliers440/4€5k€5k▲
Taxes, remuneration and social security45€6k€6k▼
Taxes450/3€6k€6k▼
Other amounts payable47/48€7k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€931€0▼
Gross operating margin9900€31k€63k▲
Operating profit (loss)9901€27k€60k▲
Financial income75/76B€2k€2▼
Recurring financial income75€2k€2▼
Financial charges65/66B€1k€997▼
Recurring financial charges65€1k€997▼
Profit (loss) for the period before taxes9903€28k€59k▲
Income taxes67/77€10k€18k▲
Profit (loss) for the period9904€18k€42k▲
Profit (loss) for the period to be appropriated9905€18k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€42k▲
Transfer from equity791/2€10k€9k▼
Transfer to equity691/2€18k€42k▲
To other reserves6921€18k€42k▲
Profit to be distributed694/7€10k€9k▼
Return on contributions (dividend)694€10k€9k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €557 | €962 | €2k | €2k | €2k | ▲ 9.6% |
| Other operating charges640/8 | €1k | €2k | €2k | €2k | €1k | ▼ 22.4% |
| Non-recurring operating charges66A | - | - | - | €931 | €0 | ▼ 100% |
| Gross operating margin9900 | €21k | €37k | €56k | €31k | €63k | ▲ 106% |
| Operating profit (loss)9901 | €19k | €34k | €53k | €27k | €60k | ▲ 127% |
| Financial income75/76B | €29k | €1k | €1 | €2k | €2 | ▼ 99.9% |
| Recurring financial income75 | €0 | €1k | €1 | €2k | €2 | ▼ 99.9% |
| Non-recurring financial income76B | €29k | €1k | €0 | - | - | - |
| Financial charges65/66B | €1k | €2k | €1k | €1k | €997 | ▼ 8.1% |
| Recurring financial charges65 | €1k | €2k | €1k | €1k | €997 | ▼ 8.1% |
| Profit (loss) for the period before taxes9903 | €47k | €33k | €52k | €28k | €59k | ▲ 116% |
| Income taxes67/77 | €14k | €11k | €17k | €10k | €18k | ▲ 83.2% |
| Profit (loss) for the period9904 | €33k | €22k | €35k | €18k | €42k | ▲ 133% |
| Profit (loss) for the period to be appropriated9905 | €33k | €22k | €35k | €18k | €42k | ▲ 133% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €118k | €144k | €161k | €161k | €187k | ▲ 16.0% |
| Fixed assets21/28 | €37k | €41k | €39k | €17k | €15k | ▼ 9.8% |
| Tangible fixed assets22/27 | €3k | €7k | €5k | €3k | €2k | ▼ 47.7% |
| Plant, machinery and equipment23 | - | €3k | €2k | €1k | €703 | ▼ 47.2% |
| Furniture and vehicles24 | €2k | €2k | €1k | €630 | €122 | ▼ 80.6% |
| Other tangible fixed assets26 | €1k | €3k | €2k | €1k | €980 | ▼ 34.3% |
| Financial fixed assets28 | €34k | €34k | €34k | €13k | €13k | = |
| Current assets29/58 | €81k | €103k | €123k | €144k | €171k | ▲ 19.1% |
| Stocks and contracts in progress3 | - | €2k | €2k | €363 | €285 | ▼ 21.4% |
| Stocks30/36 | - | €2k | €2k | €363 | €285 | ▼ 21.4% |
| Amounts receivable within one year40/41 | €14k | €16k | €18k | €33k | €26k | ▼ 20.1% |
| Trade receivables40 | €14k | €16k | €18k | €17k | €17k | = |
| Other amounts receivable41 | - | €26 | €7 | €16k | €10k | ▼ 40.5% |
| Current investments50/53 | - | - | €60k | €0 | - | - |
| Cash at bank and in hand54/58 | €67k | €86k | €36k | €111k | €144k | ▲ 29.9% |
| Deferred charges and accrued income490/1 | - | - | €6k | €0 | €1k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €118k | €144k | €161k | €161k | €187k | ▲ 16.0% |
| Equity10/15 | €104k | €114k | €135k | €143k | €175k | ▲ 22.9% |
| Contributions10/11 | €13k | €13k | €13k | €13k | €13k | = |
| Reserves13 | €92k | €101k | €122k | €130k | €163k | ▲ 25.1% |
| Non-distributable reserves130/1 | €2k | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €0 | - | - | - |
| Distributable reserves133 | €90k | €100k | €122k | €130k | €163k | ▲ 25.1% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €14k | €30k | €27k | €18k | €11k | ▼ 38.5% |
| Amounts payable within one year42/48 | €14k | €30k | €27k | €18k | €11k | ▼ 38.5% |
| Trade debts44 | €2k | €2k | €3k | €5k | €5k | ▲ 14.1% |
| Suppliers440/4 | €2k | €2k | €3k | €5k | €5k | ▲ 14.1% |
| Taxes, remuneration and social security45 | €8k | €25k | €18k | €6k | €6k | ▼ 5.4% |
| Taxes450/3 | €8k | €25k | €18k | €6k | €6k | ▼ 5.4% |
| Other amounts payable47/48 | €4k | €4k | €6k | €7k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33k | €22k | €35k | €18k | €42k | ▲ 133% |
| + Depreciation and write-downs630 | €557 | €962 | €2k | €2k | €2k | ▲ 9.6% |
| Operating cash flow (approximation) | €34k | €23k | €37k | €19k | €43k | ▲ 123% |
| Investment in fixed assets (approximation) | - | €-5k | €0 | €20k | €0 | ▼ 100% |
| Change in cash | - | €19k | €-49k | €74k | €33k | ▼ 55.5% |
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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €42k ▲133%
Operating result €60k, net result €42k, both a record.
31-12
Financial
Equity above €150kEq €175k ▲22.9%
8 profitable years in a row build equity to €175k.
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial
Equity above €100kEq €102k ▲11.7%
3 profitable years in a row build equity to €102k.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Weakest financial yearnet €9k ▼9.7%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2008
Ground area
126 m²
Building footprint
83 m²
Volume, LiDAR
716 m³
Parcel 11303B0438/00R012, Flanders · tallest building 14.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Tessenov
since 20082.173.522.649
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303B0438/00R012 | Flanders | 126 m² | 1 · 83 m² | 14.3 m · 3 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.
Similar companies · same sector, comparable size
LUC MORJAEU
BE 0467.130.818
Puurs-Sint-Amands · Eq €175,397
MAZZELTOFF
BE 0877.709.448
Hasselt · Eq €169,800
Art 54
BE 0795.396.040
Nivelles · Eq €167,720
POP SYSTEMS INTERNATIONAL
BE 0463.914.574
Welkenraedt · Eq €167,569
INTERTEXT
BE 0448.932.628
Antwerpen · Eq €166,747
Of 718 companies in sector 58190 we hold annual accounts for 214. 145 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
Founded30-09-2008
Fiscal year end31-12
Activities, NACEBEL 2025
58190Other publishing activities, excluding software publishing
58110Book publishing
73110Advertising agencies
Scores and ratios are computed by Checked and are not a credit decision.