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Complete company report
Generated 18-07-2026
Active BE 1002.040.484Private limited company

TN NETWORK

Hengelhoefstraat 170 ·3600 Genk, Belgium· 2 yrs active
Sector: NACE 42211 (42211)
Conclusion Checked

The computed 12-month bankruptcy probability of TN NETWORK is 2.3% (moderate). The 2024 annual accounts show equity of €4k and a net result of €-2k. Its solvency ranks better than 10% of 555 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €4k
Net result €-2k
Staff (FTE) 2.1
Better than sector 10%
Snowflake analysis 5 axes · computed by Checked
Health23Profitability0Solvency1Growth50Stability67
28 / 100

Fragile profile, watch profitability in particular.

Health 23
Profitability 0
Solvency 1
Growth 50
Stability 67
Bankruptcy probability (12 mo) Checked model v1 · free
2.3% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Annual accounts: weaker financial profile +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
23 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 16-07-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 42 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 1.2% 44.8%
better than 10% of 555 sector peers
Net result €-2k €14k
better than 16% of 552 sector peers
Equity €4k €34k
better than 16% of 555 sector peers
Gross operating margin €167k €43k
better than 86% of 549 sector peers
Staff costs €132k €32k
higher than 83% of 263 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Revenue-
EBITDA€30k
Net profit€-2k
Cash flow€23k
Staff costs€132k
Income taxes-
Dividends-
Total assets€332k
Equity€4k
Debt€328k
of which ≤ 1y€164k
of which > 1y€164k
Working capital€-76k
Employees (FTE)2.1
Ratios (computed)
2024
Current ratio0.54
Quick ratio0.54
Working capital ratio-23.0%
Solvency1.2%
Debt / equity80.69
Long-term debt ratio40.29
Interest coverage4.70
Gross margin-
Net margin-
ROA-0.6%
ROE-47.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€332k
Fixed assets 21/28€244k
Tangible fixed assets 22/27€244k
Current assets 29/58€88k
Amounts receivable within one year 40/41€52k
Cash & bank 54/58€35k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€332k
Equity 10/15€4k
Contributions / capital 10/11€6k
Accumulated profits (losses) 14€-2k
Amounts payable 17/49€328k
Amounts payable after one year 17€164k
Amounts payable within one year 42/48€164k
Trade debts payable within one year 44€74k
Income statement
Gross operating margin 9900€167k
Operating result 9901€4k
Financial income 75€0
Financial charges 65€6k
Result before taxes 9903€-2k
Net result for the period 9904€-2k
Result to be appropriated 9905€-2k
Ratios computed by Checked.
Legal Structure
NACE primary 42211
Legal form Private limited company(610)
Incorporation08-11-2023
StatusActive
Postal code3600
Establishment units 1 location
TN NETWORK
Guillaume Lambertlaan 72, 3600 GenkBouw van autowegen en andere wegen
since 20232.352.794.485
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71302A0031/00R005 Flanders 6,575 m² 1 · 101 m² 8.3 m · 2 fl.
71302A0002/07_000 Flanders 3,180 m² 1 · 459 m² 7.1 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
18-09-2025
State Gazette act Registered-office change
Guillaume Lambert
16-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
Belgisch Staatsblad, acts 1 acts
Address history · 1
18-09-2025
Registered-office move
All acts · 1 updated 10 months ago
2025
18-09-2025 Registered office moved within Genk Registered-office change·Guillaume Lambert
  • Guillaume Lambertlaan 72, 3600 Genk → Hengelhoefstraat 170, 3600 Genk
Notary: Guillaume Lambert · Genk
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Hengelhoefstraat 170, 3600 Genk",
        "city": "Genk",
        "region": "vlaams_gewest",
        "street": "Hengelhoefstraat",
        "country": "BE",
        "postcode": "3600",
        "box_number": null,
        "street_number": "170",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Guillaume Lambertlaan 72, 3600 Genk",
        "city": "Genk",
        "region": "vlaams_gewest",
        "street": "Guillaume Lambertlaan",
        "country": "BE",
        "postcode": "3600",
        "box_number": null,
        "street_number": "72",
        "locality_suffix": null
      },
      "effective_date": "2025-08-28",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "act_body",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": "Guillaume Lambert",
    "firm_city": null,
    "firm_name": null,
    "office_city": "Genk",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-09-18",
    "filing_date": "2025-09-10",
    "act_kind_objet": "Zetel (zetelverplaatsing)"
  },
  "decision": {
    "body": "raad_van_bestuur",
    "date": "2025-08-28",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "1002.040.484",
    "name_full": "TN NETWORK",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Ahmet G\u00FCzel",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": [
    "Mod PDF 19.01"
  ]
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Bouw van water- en gasdistributienetten42211Bouw van water- en gasdistributienetten42211
Primary activity highlighted.
Names & trade names
Legal nameNL TN NETWORK
Registered office
Hengelhoefstraat 170
3600 Genk, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative