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TESSINO

Active
Public limited companyfounded 1987active for 39 yearsTerhulpsesteenweg 177, 1170 Watermaal-Bosvoorde, BelgiumKBO/BCE: BE 0431.936.644
Summary

TESSINO has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €142,979 and a net result of -€10,517. Equity remains stable across the filed financial years (±0.5% per year). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Activity not known1 site
Size
€284,364total assets 2025
Equity
€142,979
Loss
-€10,517
Turnover not published (abbreviated or micro format)
Financial health
68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Parent
FIMMOVERSEAS · 100%
Accounts 25 days early0 of 7 deeds read
Why 68raises risk1 change of registered office in 24 monthsNo main activity registeredlowers riskSize: total assets €284,364Figures for financial year 2025 (filed 06-07-2026)Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 28% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Average
Solvency 75=
equity 50.3% of total assets
Liquidity 28-8
short-term debt 46.9% · cash 0.8%
Profitability 36+17
return on assets -3.7%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.5%▲ +0.4 percentage points vs 11-2024 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.6%▲ +0.1 percentage points vs 04-2025 06-2025: 0.8%▲ +0.2 percentage points vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025 08-2025: 1.3%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 0.5%▼ -0.8 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.6%▲ +0.1 percentage points vs 04-2026 06-2026: 0.8%▲ +0.2 percentage points vs 05-2026 07-2026: 1.0%▲ +0.2 percentage points vs 06-2026 08-2026: 0.6%▼ -0.4 percentage points vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.07, compared with 0.17 in 2024; short-term debt: 46.9% and cash: 0.8% of total assets), and 49.7% 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 (no NACE code, micro): better than 45% on solvency, 16% on liquidity, 26% on profitability and 28% on growth.

The bankruptcy probability was computed on 08-10-2026 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

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €284,364
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed 06-07-2026)
NBB · annual accounts
raises risk · No main activity registered
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€10,517
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 days early
2024
1 day late
2023
75 days early
2022
19 days early
2021
2 days early
2020
1 day early
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 17 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Weakest financial yearnet -€12,018

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2025 -€10,517 View
  • Controlled by FIMMOVERSEAS 100% View
  • Active since 1987founded 03-09-1987 39 years View

By topic

Financials

Financial year
2025
Total assets
€284,364
Loss
-€10,517
Solvency
50.3%
Total assets▼ 7.9%
Net result
20182025
Go to Financials

Timeline

Events
42
Since
1988
Next accounts
by 31-07-2027
  1. 17-05-2024Annual accounts filed
  2. 12-07-2023Annual accounts filed
  3. 29-07-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
03-09-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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