TIERENTEYN
ActiveSummary
TIERENTEYN has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €19,733 and a net result of €5,080. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 48% of 5893 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Overview
What they do
Other building cleaning and industrial cleaning
NACE 81220NACE 74700
#5 oldest company in Jabbeke, Administrative and support services sector1 site
How big
€49,280total assets 2024
- Equity
- €19,733
- Profit
- €5,080
Turnover not published (abridged schema)
Who decides
Accounts 62 d overdue0 of 4 deeds read
Why 75- Higher-failure-rate sector- Annual accounts: weaker financial profile+ Long track record+ Growing equityFiled after the deadlineShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability82▼-6
Solvency65▲+10
Growth42▲+13
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.46 in 2023; short-term debt: 55.4% and cash: 47.6% of total assets), but 60% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more 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 2024Solvency, return and age of the figures
Solvency
40%
Return on assets
10.3%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €19,733
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
97 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 41 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · micro…
Financials
Fiscal year 2024Total assets €49,280Profit €5,080Solvency 40.0%Liquidity 1.68
Turnover
€101,615▲ 18.8%
2018 - 2021
Net result
€5,080▼ 31.7%
2018 - 2024
Equity
€19,733▲ 34.7%
2018 - 2024
Solvency
40.0%▲ 10.4pp
2018 - 2024
Financials · fiscal year 2024, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€85,548▲ 2.9%€101,615▲ 18.8%
Operating result-€7,608▼ 121%-€623▲ 91.8%€5,432€7,444▲ 37.0%€6,013▼ 19.2%
Net result-€7,952below the sector's middle half▼ 104%-€877below the sector's middle half▲ 89.0%€5,288within the sector's middle half€7,442within the sector's middle half▲ 40.7%€5,080within the sector's middle half▼ 31.7%
EBIT margin-8.9%▼ 4.7pp-0.6%▲ 8.3pp
Equity€2,800below the sector's middle half▼ 74.0%€1,923below the sector's middle half▼ 31.3%€7,211below the sector's middle half▲ 275%€14,653within the sector's middle half▲ 103%€19,733within the sector's middle half▲ 34.7%
Total assets€50,778below the sector's middle half▼ 15.4%€49,077below the sector's middle half▼ 3.3%€44,750below the sector's middle half▼ 8.8%€49,439below the sector's middle half▲ 10.5%€49,280below the sector's middle half▼ 0.3%
Debt€47,978▼ 2.6%€47,155▼ 1.7%€37,540▼ 20.4%€34,786▼ 7.3%€29,547▼ 15.1%
Working capital-€3,633within the sector's middle half-€4,641below the sector's middle half▼ 27.8%€2,474within the sector's middle half€14,125within the sector's middle half▲ 471%€18,566within the sector's middle half▲ 31.4%
Solvency5.5%below the sector's middle half▼ 12.4pp3.9%below the sector's middle half▼ 1.6pp16.1%below the sector's middle half▲ 12.2pp29.6%within the sector's middle half▲ 13.5pp40.0%within the sector's middle half▲ 10.4pp
Current ratio0.91within the sector's middle half▼ 0.180.89below the sector's middle half▼ 0.021.07within the sector's middle half▲ 0.191.46within the sector's middle half▲ 0.391.68within the sector's middle half▲ 0.22
Return on assets (ROA)-15.7%below the sector's middle half▼ 9.2pp-1.8%below the sector's middle half▲ 13.9pp11.8%within the sector's middle half▲ 13.6pp15.1%within the sector's middle half▲ 3.2pp10.3%within the sector's middle half▼ 4.7pp
above
within
below
the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, 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 and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 19% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €49,280
Fixed assets
€3,391 ▼ 25.3%
Current assets
€45,889 ▲ 2.2%
Equity and liabilities €49,280
Equity
€19,733 ▲ 34.7%
Debt
€29,547 ▼ 15.1%
Debt's share of the balance-sheet total falls from 70.4% to 60.0%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€7,161▼
2023 · €12,901
Cash flow
€6,228▼
2023 · €12,899
Quick ratio
1.64▲
2023 · 1.40
Debt to equity
1.50▼
2023 · 2.37
ROE
25.7%▼
2023 · 50.8%
Interest coverage
23.92▼
2023 · 25.48
Debt ≤ 1 year
€27,323▼
2023 · €30,775
Income taxes
€640
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% 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
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% 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 497,341 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% | 1.0% |
| 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% 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 31,371 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.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €85,548 | €101,615 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €96,504 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,055 | €5,479 | €5,171 | €5,457 | €1,148 | ▼ 79.0% |
| Other operating charges640/8 | - | €255 | €268 | €631 | €306 | ▼ 51.5% |
| Gross operating margin9900 | -€2,236 | €5,111 | €10,871 | €13,532 | €7,467 | ▼ 44.8% |
| Operating profit (loss)9901 | -€7,608 | -€623 | €5,432 | €7,444 | €6,013 | ▼ 19.2% |
| Financial income75/76B | - | €0 | €135 | €505 | €6 | ▼ 98.8% |
| Recurring financial income75 | €214 | €0 | €135 | €505 | €6 | ▼ 98.8% |
| Financial charges65/66B | - | €255 | €279 | €506 | €299 | ▼ 40.9% |
| Recurring financial charges65 | €558 | €255 | €279 | €506 | €299 | ▼ 40.9% |
| Profit (loss) for the period before taxes9903 | -€7,952 | -€877 | €5,288 | €7,442 | €5,720 | ▼ 23.1% |
| Income taxes67/77 | - | - | - | - | €640 | - |
| Profit (loss) for the period9904 | -€7,952 | -€877 | €5,288 | €7,442 | €5,080 | ▼ 31.7% |
| Profit (loss) for the period to be appropriated9905 | -€7,952 | -€877 | €5,288 | €7,442 | €5,080 | ▼ 31.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €50,778 | €49,077 | €44,750 | €49,439 | €49,280 | ▼ 0.3% |
| Fixed assets21/28 | €15,969 | €13,127 | €7,956 | €4,539 | €3,391 | ▼ 25.3% |
| Tangible fixed assets22/27 | €15,816 | €12,973 | €7,802 | €4,385 | €3,238 | ▼ 26.2% |
| Plant, machinery and equipment23 | - | €2,898 | €2,409 | €3,675 | €3,003 | ▼ 18.3% |
| Furniture and vehicles24 | - | €10,076 | €5,393 | €711 | €235 | ▼ 67.0% |
| Financial fixed assets28 | €154 | €154 | €154 | €154 | €154 | = |
| Current assets29/58 | €34,809 | €35,951 | €36,795 | €44,900 | €45,889 | ▲ 2.2% |
| Stocks and contracts in progress3 | €1,713 | €3,002 | €1,058 | €1,932 | €1,018 | ▼ 47.3% |
| Stocks30/36 | - | €3,002 | €1,058 | €1,932 | €1,018 | ▼ 47.3% |
| Amounts receivable within one year40/41 | €8,556 | €9,417 | €15,783 | €20,414 | €21,434 | ▲ 5.0% |
| Trade receivables40 | - | €5,564 | €13,075 | €17,581 | €17,062 | ▼ 3.0% |
| Other amounts receivable41 | - | €3,853 | €2,708 | €2,833 | €4,372 | ▲ 54.3% |
| Cash at bank and in hand54/58 | €24,192 | €23,157 | €19,419 | €22,555 | €23,437 | ▲ 3.9% |
| Deferred charges and accrued income490/1 | - | €375 | €536 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €50,778 | €49,077 | €44,750 | €49,439 | €49,280 | ▼ 0.3% |
| Equity10/15 | €2,800 | €1,923 | €7,211 | €14,653 | €19,733 | ▲ 34.7% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €7,987 | €7,987 | €7,987 | €7,987 | €13,533 | ▲ 69.4% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Tax-exempt reserves132 | - | €6,127 | €6,127 | €6,127 | €6,127 | = |
| Distributable reserves133 | - | - | - | €1,860 | €7,405 | ▲ 298% |
| Profit (loss) carried forward14 | -€11,387 | -€12,264 | -€6,977 | €466 | - | - |
| Amounts payable17/49 | €47,978 | €47,155 | €37,540 | €34,786 | €29,547 | ▼ 15.1% |
| Amounts payable after more than one year17 | €9,229 | €5,333 | €2,143 | €354 | - | - |
| Financial debts170/4 | - | €5,333 | €2,143 | €354 | - | - |
| Amounts payable within one year42/48 | €38,442 | €40,592 | €34,321 | €30,775 | €27,323 | ▼ 11.2% |
| Current portion of amounts payable after more than one year42 | - | €3,862 | €3,189 | €3,172 | €354 | ▼ 88.8% |
| Financial debts43 | - | €837 | €837 | €854 | €1,029 | ▲ 20.5% |
| Other loans439 | - | €837 | €837 | €854 | €1,029 | ▲ 20.5% |
| Trade debts44 | €6,269 | €5,640 | €2,996 | €3,649 | €3,547 | ▼ 2.8% |
| Suppliers440/4 | - | €5,640 | €2,996 | €3,649 | €3,547 | ▼ 2.8% |
| Taxes, remuneration and social security45 | - | - | €4,640 | €7,808 | €14,290 | ▲ 83.0% |
| Taxes450/3 | - | - | €3 | €8 | €508 | ▲ 6,379% |
| Remuneration and social security454/9 | - | - | €4,637 | €7,800 | €13,782 | ▲ 76.7% |
| Other amounts payable47/48 | - | €30,253 | €22,659 | €15,293 | €8,102 | ▼ 47.0% |
| Accrued charges and deferred income492/3 | - | €1,230 | €1,076 | €3,657 | €2,225 | ▼ 39.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,952 | -€877 | €5,288 | €7,442 | €5,080 | ▼ 31.7% |
| + Depreciation and write-downs630 | €5,055 | €5,479 | €5,171 | €5,457 | €1,148 | ▼ 79.0% |
| Operating cash flow (approximation) | -€2,896 | €4,601 | €10,459 | €12,899 | €6,228 | ▼ 51.7% |
| Investment in fixed assets (approximation) | - | -€2,636 | €0 | -€2,040 | €0 | ▲ 100% |
| Change in cash | - | -€1,034 | -€3,738 | €3,136 | €882 | ▼ 71.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
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Gyp & Hout Group
BE 0683.938.684
Sint-Katelijne-Waver · Eq €19,793
WINDOW & CLEANINGSERVICES
BE 0885.242.091
Willebroek · Eq €19,803
DOURO ENTRETIEN
BE 1019.682.509
Sint-Genesius-Rode · Eq €19,643
PYM
BE 0738.670.638
Gembloux · Eq €19,619
Of 6,990 companies in this sector we hold annual accounts for 2,414. 1,794 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
12 eventsLatest 28-08-2025
History
Acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €5,288
Net result €5,288 after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet -€7,952
Net result drops to -€7,952, the lowest in the series; recovery starts the following year.
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 97 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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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Support & recognitions
1 funding sourceFlanders €430
Flemish government
€430
awarded · 2022 - 2024
Subsidies and aid
Flemish government
2022 to 2024 · 2 entries · €430 awarded · €430 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | €94 | €94 |
| 2022 | 1 | €336 | €336 |
Company details
Private limited company · founded 13-02-2001Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded13-02-2001
Fiscal year end31-12
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
95290Repair and maintenance of other personal and household goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0474031476
Also
9925:BE0474031476
Registered
27-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Jabbeke · 1 establishment unit since 2001
Ground area
5,559 m²
Building footprint
330 m²
Volume, LiDAR
2,120 m³
Parcel 31031B0337/00L000, Flanders · tallest building 12.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TIERENTEYN A & TH
since 2001unit no. 2.101.235.279
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31031B0337/00L000 | Flanders | 5,559 m² | 1 · 330 m² | 12.8 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.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark
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