TEVHID
ActiveSummary
TEVHID has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €537,220 and a net result of -€197,512. Equity remains stable across the filed financial years (±0.5% per year). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
- Staff
- 12.8 FTE
- Equity
- €537,220
- Loss
- -€197,512
Why 67raises riskLoss of €197,512, the second in a row (financial year 2025)Last filed accounts filed 27 days late; 1 of the last 3 lateSize: 12.8 FTE, total assets €1.4mlowers riskLiquidity: current ratio 2.00, cash €301,330Show the evidence
Checked score
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, small): better than 43% on solvency, 68% on liquidity, 3% on profitability and 9% on growth.
The bankruptcy probability was computed on 27-10-2026 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
This company filed its last 7 accounts on average 22 days after 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)
- Annual accounts filedfinancial year 2025 · full…
- Resignations: Sari Fatih (director) and Sari…Appointment: Fetullah Kaya (director) ·…
- Weakest financial yearnet -€197,512
Financials · financial year 2025, full format
2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00431361.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €309,699 after €52,045 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
- 2025 Net result -14,744% on 2024. The accounts now follow the full format, last year the abbreviated format.
Peer companies
Historical observationOf the 929 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90.1% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 929 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €19,276 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €390,970 | €351,941 | €378,800 | €372,058 | €248,737 | ▼ 33.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €78,258 | €87,156 | €79,671 | €91,235 | €86,670 | €74,111 | €70,528 | €4,908 | ▼ 93.0% |
| Other operating charges640/8 | - | - | - | €35,086 | €28,238 | €42,768 | €23,221 | €18,064 | ▼ 22.2% |
| Non-recurring operating charges66A | - | - | - | - | €5,225 | - | - | €19,452 | - |
| Gross operating margin9900 | €672,452 | €423,696 | €494,275 | €545,755 | €491,353 | €617,587 | €517,852 | -€18,538 | - |
| Operating profit (loss)9901 | €277,644 | €44,514 | €18,620 | €28,465 | €19,279 | €121,908 | €52,045 | -€309,699 | - |
| Financial income75/76B | - | - | - | €156 | €3,450 | €1,119 | €175 | €125,644 | ▲ 717× |
| Recurring financial income75 | €22 | €0 | €16 | €156 | €3,450 | €1,119 | €175 | €556 | ▲ 217% |
| Non-recurring financial income76B | - | - | - | - | - | - | - | €125,088 | - |
| Financial charges65/66B | - | - | - | €20,210 | €19,510 | €34,520 | €33,902 | €46,526 | ▲ 37.2% |
| Recurring financial charges65 | €5,049 | €12,337 | €23,625 | €20,210 | €19,510 | €34,520 | €33,902 | €46,526 | ▲ 37.2% |
| Profit (loss) for the period before taxes9903 | €272,617 | €32,177 | -€4,989 | €8,411 | €3,220 | €88,507 | €18,318 | -€230,581 | - |
| Transfer from deferred taxes780 | - | - | - | €2,063 | €2,063 | €2,063 | €2,063 | €33,584 | ▲ 16× |
| Income taxes67/77 | €10,549 | €11,995 | €3,978 | €7,519 | €7,437 | €62,767 | €21,712 | €515 | ▼ 97.6% |
| Profit (loss) for the period9904 | €216,106 | €22,244 | -€6,904 | €2,955 | -€2,154 | €27,803 | -€1,331 | -€197,512 | ▼ 14,744% |
| Transfer from tax-exempt reserves789 | - | - | - | €8,050 | €8,050 | €8,050 | €8,050 | €131,045 | ▲ 16× |
| Profit (loss) for the period to be appropriated9905 | €36,763 | €30,294 | €1,146 | €11,004 | €5,895 | €35,853 | €6,719 | -€66,467 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.5m | €1.8m | €1.8m | €1.9m | €1.7m | €1.9m | €1.9m | €1.4m | ▼ 25.6% |
| Fixed assets21/28 | €1.0m | €1.1m | €1.0m | €1.1m | €0.9m | €0.8m | €0.9m | €0.06m | ▼ 93.0% |
| Tangible fixed assets22/27 | €0.9m | €1.0m | €1.0m | €1.1m | €0.9m | €0.8m | €0.9m | €0.05m | ▼ 94.8% |
| Land and buildings22 | - | - | - | €0.8m | €0.8m | €0.7m | €0.7m | €0.04m | ▼ 94.0% |
| Plant, machinery and equipment23 | - | - | - | €0.03m | €0.03m | €0.02m | €0.02m | €0.003m | ▼ 86.3% |
| Furniture and vehicles24 | - | - | - | €0.2m | €0.08m | €0.05m | €0.2m | €0.002m | ▼ 99.1% |
| Financial fixed assets28 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Current assets29/58 | €0.5m | €0.8m | €0.8m | €0.8m | €0.8m | €1.1m | €1.0m | €1.4m | ▲ 35.7% |
| Stocks and contracts in progress3 | €0.4m | €0.5m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | - | - |
| Stocks30/36 | - | - | - | €0.6m | €0.6m | €0.6m | €0.6m | - | - |
| Amounts receivable within one year40/41 | €0.02m | €0.05m | €0.06m | €0.1m | €0.1m | €0.4m | €0.4m | €1.1m | ▲ 200% |
| Trade receivables40 | - | - | - | €0.07m | €0.1m | €0.4m | €0.4m | €0.8m | ▲ 123% |
| Other amounts receivable41 | - | - | - | €0.04m | €0.01m | €0.04m | - | €0.3m | - |
| Cash at bank and in hand54/58 | €0.04m | €0.1m | €0.06m | €0.03m | €0.02m | €0.01m | €0.03m | €0.3m | ▲ 861% |
| Deferred charges and accrued income490/1 | - | - | - | €0.09m | €0.07m | €0.02m | €0.003m | €0.001m | ▼ 46.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.5m | €1.8m | €1.8m | €1.9m | €1.7m | €1.9m | €1.9m | €1.4m | ▼ 25.6% |
| Equity10/15 | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.5m | ▼ 26.9% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Capital10 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Issued capital100 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | €0.002m | ▼ 98.6% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Legal reserve130 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Tax-exempt reserves132 | - | - | - | €0.2m | €0.1m | €0.1m | €0.1m | - | - |
| Profit (loss) carried forward14 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | €0.6m | €0.6m | €0.5m | ▼ 11.4% |
| Provisions and deferred taxes16 | €0.05m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.03m | - | - |
| Deferred taxes168 | - | - | - | €0.04m | €0.04m | €0.04m | €0.03m | - | - |
| Amounts payable17/49 | €0.8m | €1.1m | €1.0m | €1.1m | €1.0m | €1.2m | €1.2m | €0.9m | ▼ 22.6% |
| Amounts payable after more than one year17 | €0.5m | €0.9m | €0.5m | €0.5m | €0.4m | €0.3m | €0.6m | €0.2m | ▼ 61.4% |
| Financial debts170/4 | - | - | - | €0.5m | €0.4m | €0.3m | €0.6m | €0.2m | ▼ 61.4% |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.5m | €0.6m | €0.6m | €0.9m | €0.6m | €0.7m | ▲ 12.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.4m | €0.4m | €0.4m | €0.06m | €0.05m | ▼ 15.7% |
| Trade debts44 | €0.1m | €0.07m | €0.04m | €0.2m | €0.09m | €0.3m | €0.4m | €0.5m | ▲ 18.7% |
| Suppliers440/4 | - | - | - | €0.2m | €0.09m | €0.3m | €0.4m | €0.5m | ▲ 18.7% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.06m | €0.05m | €0.07m | €0.1m | ▲ 98.7% |
| Taxes450/3 | - | - | - | €0.02m | €0.03m | €0.05m | €0.07m | €0.1m | ▲ 98.7% |
| Remuneration and social security454/9 | - | - | - | €0.002m | €0.03m | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.03m | €0.006m | €0.1m | €0.06m | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €216,106 | €22,244 | -€6,904 | €2,955 | -€2,154 | €27,803 | -€1,331 | -€197,512 | ▼ 14,744% |
| + Depreciation and write-downs630 | €78,258 | €87,156 | €79,671 | €91,235 | €86,670 | €74,111 | €70,528 | €4,908 | ▼ 93.0% |
| Operating cash flow (approximation) | €294,364 | €109,400 | €72,768 | €94,190 | €84,516 | €101,914 | €69,197 | -€192,604 | - |
| Investment in fixed assets (approximation) | - | -€185,256 | -€18,453 | -€206,541 | €105,884 | -€2,512 | -€151,482 | €854,274 | - |
| Change in cash | - | €59,305 | -€40,212 | -€32,721 | -€10,790 | -€7,747 | €18,809 | €269,968 | ▲ 14× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 24 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 27-08-2026 | 2026-00431361 |
| 31-12-2024 | abbreviated format | 29-09-2025 | 2025-00509127 |
| 31-12-2023 | abbreviated format | 05-08-2024 | 2024-00331483 |
| 31-12-2022 | abbreviated format | 24-08-2023 | 2023-00351796 |
| 31-12-2021 | abbreviated format | 08-08-2022 | 2022-20275301 |
| 31-12-2020 | abbreviated format | 12-08-2021 | 2021-48100011 |
| 31-12-2019 | abbreviated format | 17-08-2020 | 2020-41600178 |
| 31-12-2018 | abbreviated format | 22-08-2019 | 2019-49000242 |
| 31-12-2017 | abbreviated format | 07-08-2018 | 2018-43900168 |
| 31-12-2016 | abbreviated format | 16-08-2017 | 2017-43700018 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Fetullah Kaya |
|
| Sari Fatih |
|
| Sari Mahmut |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
19-01
Gazette deed
Resignations: Sari Fatih (director) and Sari Mahmut (director)Appointment: Fetullah Kaya (director) · Director discharge7 facts ▸
- General meeting, 30-12-2025
- Director resignation, Sari Fatih (director)
- Director resignation, Sari Mahmut (director)
- Director discharge, Sari Fatih (director)
- Director discharge, Sari Mahmut (director)
- Director appointment, Fetullah Kaya (director)
- Board composition, Fetullah Kaya (director)
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44804D0202/00T005 | Flanders | 1,825 m² | 1 · 1,255 m² | - |