TEULINGKX
ActiveSummary
TEULINGKX has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €206,372 and a net result of €44,448. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 9557 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability95▲+5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20,000 at 30 days acceptable
short-term debt: 0.7% and cash: 47.5% of total assets, and 0.7% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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
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
99.3%
Return on assets
21.4%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
19 d late
2023
3 d early
2022
2 d late
2021
226 d late
2020
31 d late
2019
47 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 46 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€206,372▲ 17.8%
2024 · €175,135
Total assets
€207,743▲ 13.5%
2024 · €182,982
Net result
€44,448▲ 43.6%
2024 · €30,956
Working capital
€182,836▲ 9.6%
2024 · €166,882
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€23,379▼ 15.5%€11,189▼ 52.1%€84,682▲ 657%€58,567▼ 30.8%€70,916▲ 21.1%
Net result€15,450within the sector's middle half▼ 20.0%€6,795within the sector's middle half▼ 56.0%€61,694above the sector's middle half▲ 808%€30,956within the sector's middle half▼ 49.8%€44,448above the sector's middle half▲ 43.6%
Equity€153,128above the sector's middle half▲ 11.2%€141,751within the sector's middle half▼ 7.4%€181,302above the sector's middle half▲ 27.9%€175,135above the sector's middle half▼ 3.4%€206,372above the sector's middle half▲ 17.8%
Total assets€158,626within the sector's middle half▲ 11.1%€170,301within the sector's middle half▲ 7.4%€187,423within the sector's middle half▲ 10.1%€182,982within the sector's middle half▼ 2.4%€207,743within the sector's middle half▲ 13.5%
Debt€5,498▲ 6.6%€28,549▲ 419%€6,120▼ 78.6%€7,847▲ 28.2%€1,371▼ 82.5%
Working capital€147,136above the sector's middle half▲ 23.1%€135,062above the sector's middle half▼ 8.2%€169,903above the sector's middle half▲ 25.8%€166,882above the sector's middle half▼ 1.8%€182,836above the sector's middle half▲ 9.6%
Solvency96.5%above the sector's middle half▲ 0.1pp83.2%above the sector's middle half▼ 13.3pp96.7%above the sector's middle half▲ 13.5pp95.7%above the sector's middle half▼ 1.0pp99.3%above the sector's middle half▲ 3.6pp
Current ratio32.82above the sector's middle half▲ 8.645.98above the sector's middle half▼ 26.8487.25above the sector's middle half▲ 81.2732.40above the sector's middle half▼ 54.85
Return on assets (ROA)9.7%within the sector's middle half▼ 3.8pp4.0%within the sector's middle half▼ 5.8pp32.9%above the sector's middle half▲ 28.9pp16.9%within the sector's middle half▼ 16.0pp21.4%within the sector's middle half▲ 4.5pp
above
within
below
the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
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 21% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €207,743
Fixed assets
€23,548 ▲ 118%
Current assets
€184,195 ▲ 7.0%
Equity and liabilities €207,743
Equity
€206,372 ▲ 17.8%
Debt
€1,371 ▼ 82.5%
Debt's share of the balance-sheet total falls from 4.3% to 0.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€77,681▲
2024 · €65,797
Cash flow
€51,213▲
2024 · €38,186
Debt to equity
0.01▼
2024 · 0.04
ROE
21.5%▲
2024 · 17.7%
Interest coverage
42.10▲
2024 · 29.11
Debt ≤ 1 year
€1,359▼
2024 · €5,314
Income taxes
€25,198▲
2024 · €22,587
A ratio outside any meaningful range has been withheld (balance sheet total €207,743, equity €206,372).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €118,661 | €121,543 | €107,200 | €111,770 | €99,249 | ▼ 11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,295 | €5,086 | €5,593 | €7,230 | €6,766 | ▼ 6.4% |
| Other operating charges640/8 | €1,319 | €2,740 | €2,438 | €1,624 | €1,421 | ▼ 12.5% |
| Gross operating margin9900 | €37,993 | €19,014 | €92,713 | €67,421 | €79,102 | ▲ 17.3% |
| Operating profit (loss)9901 | €23,379 | €11,189 | €84,682 | €58,567 | €70,916 | ▲ 21.1% |
| Financial income75/76B | €873 | €126 | €186 | €818 | €725 | ▼ 11.4% |
| Recurring financial income75 | €873 | €126 | €186 | €818 | €725 | ▼ 11.4% |
| Financial charges65/66B | €592 | €378 | €261 | €5,842 | €1,995 | ▼ 65.9% |
| Recurring financial charges65 | €592 | €378 | €261 | €2,260 | €1,845 | ▼ 18.4% |
| Non-recurring financial charges66B | - | - | - | €3,582 | €150 | ▼ 95.8% |
| Profit (loss) for the period before taxes9903 | €23,661 | €10,936 | €84,607 | €53,543 | €69,645 | ▲ 30.1% |
| Income taxes67/77 | €8,211 | €4,141 | €22,913 | €22,587 | €25,198 | ▲ 11.6% |
| Profit (loss) for the period9904 | €15,450 | €6,795 | €61,694 | €30,956 | €44,448 | ▲ 43.6% |
| Profit (loss) for the period to be appropriated9905 | €15,450 | €6,795 | €61,694 | €30,956 | €44,448 | ▲ 43.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €158,626 | €170,301 | €187,423 | €182,982 | €207,743 | ▲ 13.5% |
| Fixed assets21/28 | €6,867 | €8,123 | €15,550 | €10,786 | €23,548 | ▲ 118% |
| Tangible fixed assets22/27 | €6,867 | €8,123 | €15,550 | €10,786 | €23,548 | ▲ 118% |
| Plant, machinery and equipment23 | €1,643 | €626 | €2,097 | €1,320 | €544 | ▼ 58.8% |
| Furniture and vehicles24 | €5,224 | €7,497 | €13,453 | €9,466 | €23,004 | ▲ 143% |
| Current assets29/58 | €151,759 | €162,177 | €171,873 | €172,196 | €184,195 | ▲ 7.0% |
| Amounts receivable after more than one year29 | €41,169 | €4,829 | - | - | - | - |
| Trade receivables290 | - | €4,829 | - | - | - | - |
| Other amounts receivable291 | €41,169 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €28,971 | €24,451 | €17,097 | €43,820 | €61,518 | ▲ 40.4% |
| Trade receivables40 | €20,083 | €1,065 | €12,100 | €17,094 | - | - |
| Other amounts receivable41 | €8,889 | €23,386 | €4,997 | €26,726 | €61,518 | ▲ 130% |
| Current investments50/53 | €20,495 | €20,495 | €20,495 | €20,495 | €20,495 | = |
| Cash at bank and in hand54/58 | €56,603 | €108,518 | €133,302 | €103,564 | €98,719 | ▼ 4.7% |
| Deferred charges and accrued income490/1 | €4,521 | €3,885 | €979 | €4,318 | €3,463 | ▼ 19.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €158,626 | €170,301 | €187,423 | €182,982 | €207,743 | ▲ 13.5% |
| Equity10/15 | €153,128 | €141,751 | €181,302 | €175,135 | €206,372 | ▲ 17.8% |
| Contributions10/11 | €8,200 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €144,928 | €123,151 | €162,702 | €156,535 | €187,772 | ▲ 20.0% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €143,068 | €121,291 | €160,842 | €154,675 | €185,912 | ▲ 20.2% |
| Amounts payable17/49 | €5,498 | €28,549 | €6,120 | €7,847 | €1,371 | ▼ 82.5% |
| Amounts payable within one year42/48 | €4,623 | €27,115 | €1,970 | €5,314 | €1,359 | ▼ 74.4% |
| Trade debts44 | €665 | €1,439 | €680 | €1,632 | €1,295 | ▼ 20.7% |
| Suppliers440/4 | €665 | €1,439 | €680 | €1,632 | €1,295 | ▼ 20.7% |
| Advances received on contracts in progress46 | - | €16,660 | - | - | - | - |
| Taxes, remuneration and social security45 | €3,959 | €9,016 | €469 | €3,682 | €64 | ▼ 98.3% |
| Taxes450/3 | €3,959 | €9,016 | €469 | €3,682 | €64 | ▼ 98.3% |
| Other amounts payable47/48 | - | - | €821 | - | - | - |
| Accrued charges and deferred income492/3 | €875 | €1,434 | €4,151 | €2,532 | €12 | ▼ 99.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,450 | €6,795 | €61,694 | €30,956 | €44,448 | ▲ 43.6% |
| + Depreciation and write-downs630 | €13,295 | €5,086 | €5,593 | €7,230 | €6,766 | ▼ 6.4% |
| Operating cash flow (approximation) | €28,745 | €11,880 | €67,287 | €38,186 | €51,213 | ▲ 34.1% |
| Investment in fixed assets (approximation) | - | -€6,342 | -€13,020 | -€2,466 | -€19,528 | ▼ 692% |
| Change in cash | - | €51,914 | €24,784 | -€29,738 | -€4,844 | ▲ 83.7% |
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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Liquidity quadruplescurrent ratio 135.52
Current ratio from 32.40 to 135.52; short-term debt falls from €5,314 to €1,359.
30-09
Financial
Equity above €200,000Eq €206,372 ▲17.8%
7 profitable years in a row build equity to €206,372.
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
27-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €61,694 ▲808%
Operating result €84,682, net result €61,694, both a record.
30-09
Financial
Liquidity times 15current ratio 87.25
Current ratio from 5.98 to 87.25; short-term debt falls from €27,115 to €1,970.
30-09
Financial
Equity above €150,000Eq €181,302 ▲27.9%
5 profitable years in a row build equity to €181,302.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
12-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 226 days late
2021
30-09
Financial
Equity above €150,000Eq €153,128 ▲11.2%
3 profitable years in a row build equity to €153,128.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Show earlier events
2020
30-09
Financial
Liquidity quadruplescurrent ratio 24.19
Current ratio from 5.52 to 24.19; short-term debt falls from €20,770 to €5,156.
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 47 days late
2019
30-09
Financial
Back to profitnet €798
Net result €798 after one loss-making year.
01-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
2018
17-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 17 days late
2017
06-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 6 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Antwerpen · 1 establishment unit since 1999
Ground area
608 m²
Building footprint
119 m²
Volume, LiDAR
902 m³
Parcel 11028A0139/00M007, Flanders · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Teulingkx
since 19992.092.062.247
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11028A0139/00M007 | Flanders | 608 m² | 1 · 119 m² | 9.6 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.
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Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 5,095 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
Founded29-07-1999
Fiscal year end30-09
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
70200Business and other management consultancy
96220Beauty care and other beauty treatments
E-invoicing
Reachable via Peppol
Peppol ID
0208:0466623547
Also
9925:BE0466623547
Registered
13-09-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.