Equity
€115,773 ▲ 107%
Equity rose in 2025 from €55,822 to €115,773.
TEZ
Lifetime
17 annual accounts with figures on one time axispeak €236,742 (2018)
€114,406▲ 3.2%
lowest -€54,057 (2022)
€59,951▲ €89,394
peak €196,546 (2020)
€115,773▲ 107%
€31,051▼ 50.0%
peak 7.7 FTE (2018)
-not published
Board2 names since 2016
1 director
Documentsfilings and deeds
29-07-20262 days before the deadline
2025micro format
Back to profit: €59,951Equity from €55,822 to €115,773Debts from €62,069 to €31,051Cash from €1,708 to €0
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as TEZ has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for TEZ. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, since 19-12-2017
- 10 sharesdeed of 20-01-2020
- 90 sharesdeed of 20-01-2020
- 10 sharesdeed of 20-01-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0899944917
Change of role: , from manager to director
“toevoeging van algemene activiteiten, beheer van een eigen roerend en onroerend vermogen en bijzondere…” (deed in Dutch) · Gazette deed
Withdrawals: (werkend vennoot) and (werkend vennoot)
Transfer of 10 shares from to · Transfer of 10 shares from to · Admission: (werkend vennoot) · General meeting of 30-09-2019 · Gazette deed
Resignations & appointments
Partner: (werkend vennoot) · Partner: (werkend vennoot) · holds 10 shares · General meeting of 12-07-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TEZ Lievegem | €146,824 | €114,406 | 78.9% | - |
| ARTIBAT STAFF & STUC Gembloux | €140,314 | €115,952 | 42.4% | - |
| DSJ Herzele | €181,461 | €100,447 | 64.8% | - |
| ISOLATIEWERKEN NAESSENS Zulte | €193,325 | €85,990 | 97.3% | - |
| Juka Projects Hemiksem | €143,230 | €90,009 | 28.6% | - |
| Matériaux de Construction des Trois Frontières Plombières | €118,253 | €84,144 | -17.5% | - |
| JNS Concept Tubize | €186,991 | €155,098 | 19.8% | - |
These companies have the same main activity as TEZ: insulation installation (NACE 43230). They are comparable in size and age: total assets between €118,000 and €193,000, founded between 2006 and 2012.
Official details
Source: KBO- Status
- Active since 25-08-2008Normal situation
- Activity
- Insulation installationNACE 43230and 9 others
- Establishment unit
- 2.172.613.2259930 Lievegem, since 01-10-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Annual accounts 2025
- ≈ €360,000estimated
- €146,824▲ 24.5%
- ≈ 0.3 FTEestimated
- Filing
- Filed on 29-07-2026, 2 days before the end of the filing period
Insights on TEZ
TEZ files the micro format. That format states no turnover. The gross margin rose from €22,073 in 2009 to €114,406 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TEZ
- What is the company number of TEZ?
- The company number of TEZ is 0899.944.917. The VAT number is the same number with BE in front: BE 0899.944.917.
- Where is TEZ based?
- The registered office is at Grote Baan 328, 9930 Lievegem.Company details
- What does TEZ do?
- According to the KBO register, the main activity is insulation installation (NACE 43230).
- What is the legal form of TEZ?
- TEZ is a private limited company (BV).
- When was TEZ founded?
- TEZ was founded on 25-08-2008.
- Is TEZ still active?
- Yes, TEZ is an active enterprise in the KBO register.
- How many employees does TEZ have?
- TEZ had an average of 1.7 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of TEZ?
- The turnover in financial year 2025 is ≈ €360,000. This figure is estimated from the gross margin of €114,406 and 86 comparable companies (NACE 432). It probably lies between €290,000 and €430,000.
- Is TEZ profitable?
- In financial year 2025, TEZ made a profit of €59,951.
- Where can I find the annual accounts of TEZ?
- TEZ filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TEZ due?
- TEZ must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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