TIEGEMBERG
ActiveSummary
TIEGEMBERG has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40,735 and a net result of -€10,371. Equity is shrinking by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 80% of 2071 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-83
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 4.36 against 10.53 in 2024; short-term debt: 21.4% and cash: 87.7% of total assets), and 21.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
78.6%
Return on assets
-20%
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 02-04-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
2 d early
2023
133 d early
2022
136 d early
2021
109 d early
2020
30 d early
2019
156 d early
← 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 85 days before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% 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. Usually files around 11 January (4 of the last 5 filed years within 81 days of that day).
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
€40,735▼ 20.3%
2024 · €51,106
Total assets
€51,851▼ 7.4%
2024 · €56,005
Net result
-€10,371
2024 · €6,299
Working capital
€37,385▼ 19.9%
2024 · €46,697
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 85, Education, 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-€10,120▲ 48.4%-€5,889▲ 41.8%-€2,066▲ 64.9%€7,805-€9,491
Net result-€10,916below the sector's middle half▲ 47.0%-€6,862below the sector's middle half▲ 37.1%-€3,017within the sector's middle half▲ 56.0%€6,299within the sector's middle half-€10,371below the sector's middle half
Equity€54,685within the sector's middle half▼ 16.6%€47,824within the sector's middle half▼ 12.5%€44,806within the sector's middle half▼ 6.3%€51,106within the sector's middle half▲ 14.1%€40,735within the sector's middle half▼ 20.3%
Total assets€74,529within the sector's middle half▼ 11.2%€67,331within the sector's middle half▼ 9.7%€58,263within the sector's middle half▼ 13.5%€56,005within the sector's middle half▼ 3.9%€51,851within the sector's middle half▼ 7.4%
Debt€19,843▲ 8.4%€19,508▼ 1.7%€13,457▼ 31.0%€4,900▼ 63.6%€11,116▲ 127%
Working capital€47,427within the sector's middle half▼ 5.9%€46,937within the sector's middle half▼ 1.0%€44,326within the sector's middle half▼ 5.6%€46,697within the sector's middle half▲ 5.3%€37,385within the sector's middle half▼ 19.9%
Solvency73.4%above the sector's middle half▼ 4.8pp71.0%within the sector's middle half▼ 2.3pp76.9%above the sector's middle half▲ 5.9pp91.3%above the sector's middle half▲ 14.3pp78.6%above the sector's middle half▼ 12.7pp
Current ratio3.39within the sector's middle half▼ 0.363.41within the sector's middle half▲ 0.024.29above the sector's middle half▲ 0.8910.53above the sector's middle half▲ 6.244.36above the sector's middle half▼ 6.17
Return on assets (ROA)-14.6%below the sector's middle half▲ 9.9pp-10.2%below the sector's middle half▲ 4.5pp-5.2%below the sector's middle half▲ 5.0pp11.2%within the sector's middle half▲ 16.4pp-20.0%below the sector's middle half▼ 31.2pp
above
within
below
the middle half (P25 to P75) of NACE 85, Education, 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 turns negative in 2025: a loss of €9,491 after €7,805 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51,851
Fixed assets
€3,350 ▼ 24.0%
Current assets
€48,501 ▼ 6.0%
Equity and liabilities €51,851
Equity
€40,735 ▼ 20.3%
Debt
€11,116 ▲ 127%
Debt's share of the balance-sheet total rises from 8.7% to 21.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€8,433▼
2024 · €8,794
Cash flow
-€9,313▼
2024 · €7,288
Debt to equity
0.27▲
2024 · 0.10
ROE
-25.5%▼
2024 · 12.3%
Interest coverage
-12.97▼
2024 · 13.38
Debt ≤ 1 year
€11,116▲
2024 · €4,900
Income taxes
€251▼
2024 · €871
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,836 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
13%
stopped otherwise
84%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 5,836 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,939 | €7,589 | €407 | €989 | €1,058 | ▲ 7.0% |
| Other operating charges640/8 | - | €939 | €1,556 | €1,478 | €1,435 | ▼ 2.9% |
| Non-recurring operating charges66A | - | - | - | €954 | €0 | ▼ 100% |
| Gross operating margin9900 | -€1,516 | €2,639 | -€103 | €11,226 | -€6,998 | ▼ 162% |
| Operating profit (loss)9901 | -€10,120 | -€5,889 | -€2,066 | €7,805 | -€9,491 | ▼ 222% |
| Financial income75/76B | - | - | €10 | €22 | €22 | ▼ 1.6% |
| Recurring financial income75 | €18 | - | €10 | €22 | €22 | ▼ 1.6% |
| Financial charges65/66B | - | €747 | €725 | €657 | €650 | ▼ 1.1% |
| Recurring financial charges65 | €591 | €747 | €725 | €657 | €650 | ▼ 1.1% |
| Profit (loss) for the period before taxes9903 | -€10,693 | -€6,636 | -€2,780 | €7,170 | -€10,119 | ▼ 241% |
| Income taxes67/77 | €224 | €226 | €237 | €871 | €251 | ▼ 71.1% |
| Profit (loss) for the period9904 | -€10,916 | -€6,862 | -€3,017 | €6,299 | -€10,371 | ▼ 265% |
| Profit (loss) for the period to be appropriated9905 | -€10,916 | -€6,862 | -€3,017 | €6,299 | -€10,371 | ▼ 265% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €74,529 | €67,331 | €58,263 | €56,005 | €51,851 | ▼ 7.4% |
| Fixed assets21/28 | €7,259 | €887 | €480 | €4,408 | €3,350 | ▼ 24.0% |
| Tangible fixed assets22/27 | €7,259 | €887 | €480 | €4,408 | €3,350 | ▼ 24.0% |
| Plant, machinery and equipment23 | - | - | - | €1,166 | €912 | ▼ 21.8% |
| Furniture and vehicles24 | - | €887 | €480 | €3,242 | €2,439 | ▼ 24.8% |
| Current assets29/58 | €67,270 | €66,445 | €57,783 | €51,597 | €48,501 | ▼ 6.0% |
| Amounts receivable within one year40/41 | €5,877 | €11,336 | €6,115 | €3,785 | €1,586 | ▼ 58.1% |
| Trade receivables40 | - | €11,262 | €5,680 | €3,785 | €1,331 | ▼ 64.8% |
| Other amounts receivable41 | - | €74 | €435 | €0 | €255 | - |
| Cash at bank and in hand54/58 | €60,694 | €52,848 | €50,770 | €45,365 | €45,460 | ▲ 0.2% |
| Deferred charges and accrued income490/1 | - | €2,261 | €898 | €2,446 | €1,454 | ▼ 40.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €74,529 | €67,331 | €58,263 | €56,005 | €51,851 | ▼ 7.4% |
| Equity10/15 | €54,685 | €47,824 | €44,806 | €51,106 | €40,735 | ▼ 20.3% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €50,465 | €50,465 | €50,465 | €56,765 | €56,765 | = |
| Non-distributable reserves130/1 | - | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €0 | - | - | - |
| Tax-exempt reserves132 | - | €8,934 | €8,934 | €8,934 | €8,934 | = |
| Distributable reserves133 | - | €39,672 | €41,532 | €47,831 | €47,831 | = |
| Profit (loss) carried forward14 | -€8,180 | -€15,042 | -€18,059 | -€18,059 | -€28,430 | ▼ 57.4% |
| Amounts payable17/49 | €19,843 | €19,508 | €13,457 | €4,900 | €11,116 | ▲ 127% |
| Amounts payable within one year42/48 | €19,843 | €19,508 | €13,457 | €4,900 | €11,116 | ▲ 127% |
| Trade debts44 | €682 | €1,747 | €684 | €431 | €375 | ▼ 13.0% |
| Suppliers440/4 | - | €1,747 | €684 | €431 | €375 | ▼ 13.0% |
| Taxes, remuneration and social security45 | - | €2,765 | €2,363 | €978 | €2,385 | ▲ 144% |
| Taxes450/3 | - | €1,165 | €1,363 | €978 | €885 | ▼ 9.6% |
| Remuneration and social security454/9 | - | €1,600 | €1,000 | €0 | €1,500 | - |
| Other amounts payable47/48 | - | €14,997 | €10,409 | €3,491 | €8,357 | ▲ 139% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,916 | -€6,862 | -€3,017 | €6,299 | -€10,371 | ▼ 265% |
| + Depreciation and write-downs630 | €7,939 | €7,589 | €407 | €989 | €1,058 | ▲ 7.0% |
| Operating cash flow (approximation) | -€2,977 | €727 | -€2,611 | €7,288 | -€9,313 | ▼ 228% |
| Investment in fixed assets (approximation) | - | -€1,217 | €0 | -€4,917 | €0 | ▲ 100% |
| Change in cash | - | -€7,846 | -€2,078 | -€5,405 | €95 | ▲ 102% |
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
02-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €6,299
Net result €6,299 after 5 loss-making years.
30-09
Financial
Liquidity doublescurrent ratio 10.53
Current ratio from 4.29 to 10.53; short-term debt falls from €13,457 to €4,900.
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
15-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
11-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
30-09
Financial
Weakest financial yearnet -€21,473
Net result drops to -€21,473, the lowest in the series; recovery starts the following year.
05-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
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.
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Directors · office · real estate
Directors
1 act for this company is 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, Anzegem · 1 establishment unit since 2003
Ground area
1,159 m²
Building footprint
119 m²
Volume, LiDAR
857 m³
Parcel 34037A0454/00F000, Flanders · tallest building 12.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Tiegemberg 17, 8573 Anzegem
since 20032.302.485.931
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34037A0454/00F000 | Flanders | 1,159 m² | 1 · 119 m² | 12.6 m · 2 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 11,672 companies in sector 85599 we hold annual accounts for 1,330. 1,002 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
Founded26-11-2003
Fiscal year end30-09
Activities, NACEBEL 2025
85599Other education
18130Pre-press and pre-media services
73200Market research and public opinion polling
E-invoicing
Reachable via Peppol
Peppol ID
0208:0861853413
Also
9925:BE0861853413
Registered
08-04-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.