Checked.be
Active
BE 0442.115.409Private limited company
TEVS SRL
Weyler, rue du Général-Jourdan 7 ·6700 Arlon, Belgium· 35 yrs active
Sector: Joinery installation
(43320)
Conclusion
TEVS SRL has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67k and a net result of €20k. Equity is shrinking by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 40% of 26547 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €67k |
| Net result | €20k |
| Better than sector | 40% |
| Active | 35 yrs |
Financial profile
74
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
64
Profitability
100
Solvency
48
Growth
58
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1990, 35 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
64
/ 100
Healthy
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€5k
estimate, not credit advice
Score history
41
2021
15
2022
12
2023
54
2024
64
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.34 (< 1.0)
-10
Quick ratio
Quick ratio 0.19 (< 0.6)
-5
Leverage
Debt/equity 1.64 (< 2.0)
+3
Profitability
ROE 30% (≥ 10%)
+10
Interest coverage
Interest coverage 576.8× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 08-06-2026 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile
Too volatile to project: the yearly deviation from the trend is ~254% of the level (threshold 35%). We therefore deliberately show no projection line.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 43, Specialised construction activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 37.9% | 47.4% | |
| Net result | €20k | €10k | |
| Equity | €67k | €60k | |
| Gross operating margin | €27k | €39k | |
| Total assets | €177k | €141k |
€25k
+379.6%
21-25
€20k
+725.6%
21-25
€25k
+383.1%
21-25
€177k
+23.5%
21-25
€67k
+42.6%
21-25
€-73k
+18.3%
21-25
€45k
-1.7%
21-25
€587
-
21-25
€110k
+14.1%
21-25
€110k
+14.1%
21-25
0.34
+343.0%
21-25
0.19
+144.2%
21-25
37.9%
+15.5%
21-25
1.64
-20.0%
21-25
29.9%
+479.0%
21-25
11.3%
+568.6%
21-25
576.81
+419.1%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €25k | €5k | €-32k | €-4k | - |
| Net profit | €20k | €2k | €-32k | €-4k | €5k |
| Cash flow | €25k | €5k | €-32k | €-4k | - |
| Staff costs | - | - | €45k | €46k | - |
| Income taxes | - | - | - | - | €587 |
| Dividends | - | - | - | - | - |
| Total assets | €177k | €144k | €140k | €172k | €183k |
| Equity | €67k | €47k | €45k | €77k | €81k |
| Debt | €110k | €96k | €95k | €95k | €102k |
| of which ≤ 1y | €110k | €96k | €95k | €95k | €102k |
| of which > 1y | - | - | - | - | - |
| Working capital | €-73k | €-89k | €-89k | €-57k | €-51k |
| Employees (FTE) | - | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.34 | 0.08 | 0.06 | 0.40 | 0.50 |
| Quick ratio | 0.19 | 0.08 | 0.06 | 0.40 | 0.50 |
| Working capital ratio | -41.0% | -62.0% | -63.8% | -33.3% | -27.9% |
| Solvency | 37.9% | 32.9% | 31.9% | 44.8% | 44.5% |
| Debt / equity | 1.64 | 2.04 | 2.13 | 1.23 | 1.25 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 576.81 | 111.12 | -763.94 | -69.86 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 11.3% | 1.7% | -23.1% | -2.5% | 2.8% |
| ROE | 29.9% | 5.2% | -72.2% | -5.5% | 6.2% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €177k | €144k | €140k | €172k | €183k |
| Fixed assets | 21/28 | €140k | €136k | €134k | €134k | €132k |
| Tangible fixed assets | 22/27 | €26k | €22k | €20k | €20k | €19k |
| Financial fixed assets | 28 | €114k | €114k | €114k | €114k | €114k |
| Current assets | 29/58 | €37k | €7k | €6k | €38k | €50k |
| Stocks & contracts in progress | 3 | €17k | - | - | - | - |
| Amounts receivable within one year | 40/41 | - | - | - | €5k | €0 |
| Cash & bank | 54/58 | €20k | €7k | €5k | €32k | €50k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €177k | €144k | €140k | €172k | €183k |
| Equity | 10/15 | €67k | €47k | €45k | €77k | €81k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | €6k | €6k |
| Reserves | 13 | €2k | €2k | €2k | €2k | €2k |
| Accumulated profits (losses) | 14 | €59k | €39k | €37k | €69k | €73k |
| Amounts payable | 17/49 | €110k | €96k | €95k | €95k | €102k |
| Amounts payable within one year | 42/48 | €110k | €96k | €95k | €95k | €102k |
| Trade debts payable within one year | 44 | €20k | €5k | €5k | €7k | €19k |
| Income statement | ||||||
| Gross operating margin | 9900 | €27k | €8k | €15k | €44k | €8k |
| Operating result | 9901 | €20k | €2k | €-32k | €-4k | €6k |
| Financial income | 75 | €0 | - | - | - | - |
| Financial charges | 65 | €43 | €47 | €42 | €57 | €57 |
| Result before taxes | 9903 | €20k | €2k | €-32k | €-4k | €6k |
| Income taxes | 67/77 | - | - | - | - | €587 |
| Net result for the period | 9904 | €20k | €2k | €-32k | €-4k | €5k |
| Result to be appropriated | 9905 | €20k | €2k | €-32k | €-4k | €5k |
Legal Structure
| NACE primary | Joinery installation(43320) |
| Legal form | Private limited company(610) |
| Incorporation | 12-12-1990 |
| Status | Active |
| Postal code | 6700 |
Establishment units
Weyler, rue du Général-Jourdan 7, 6700 Arlon
since 19902.050.723.124
Updates
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 2021net €20k ▲726%
Operating result €20k, net result €20k, both a record.
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 38 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
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.
Credit advice
Company registry (CBE)
Activities
Joinery installation4332045421
Names & trade names
| Legal nameFR | TEVS SRL |
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