Total Energy Projects
ActiveTotal Energy Projects has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.11M and a net result of €897k. Equity is growing by ~22.2% per year across the filed fiscal years. Its solvency ranks better than 73% of 7744 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+25
Solvency89▼-11
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity ample (current ratio 2.77 against 4.25 in 2024; short-term debt: 35.9% and cash: 33% of total assets), and 35.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
64.1%
Return on assets
27.3%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-04-2026, 113 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
113 d early
2024
154 d early
2023
97 d early
2022
181 d early
2021
5 d late
2020
50 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.11M▼ 1.8%
2024 · €2.15M
2018: €412k
2019: €421k
2020: €445k
2021: €1.35M
2022: €1.35M
2023: €2.01M
2024: €2.15M
2018 → 2025
Total assets
€3.29M▲ 17.2%
2024 · €2.81M
2018: €711k
2019: €723k
2020: €911k
2021: €1.84M
2022: €2.62M
2023: €2.99M
2024: €2.81M
2018 → 2025
Net result
€897k▲ 576%
2024 · €133k
2018: €194k
2019: €9k
2020: €24k
2021: €902k
2022: €639k
2023: €1.06M
2024: €133k
2018 → 2025
Working capital
€2.09M▼ 2.3%
2024 · €2.14M
2018: €398k
2019: €411k
2020: €15k
2021: €1.32M
2022: €1.33M
2023: €2.00M
2024: €2.14M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.35M-€1.35M=€2.01M▲ 49.4%€2.15M▲ 6.6%€2.11M▼ 1.8%
Operating result€1.09M-€820k▼ 24.9%€1.53M▲ 85.9%€148k▼ 90.3%€1.27M▲ 758%
Net result€902k-€639k▼ 29.1%€1.06M▲ 65.7%€133k▼ 87.5%€897k▲ 576%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 758% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.29M
Fixed assets
€18k▲ 158%
Current assets
€3.27M▲ 16.9%
Equity and liabilities €3.29M
Equity
€2.11M▼ 1.8%
Debt
€1.18M▲ 79.0%
The debt ratio rises from 23.5% to 35.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1.27M▲
2024 · €152k
Cash flow
€900k▲
2024 · €137k
Solvency
64.1%▼
2024 · 76.5%
Current ratio
2.77▼
2024 · 4.25
Quick ratio
1.74▼
2024 · 3.66
Debt / equity
0.56▲
2024 · 0.31
ROE
42.6%▲
2024 · 6.2%
ROA
27.3%▲
2024 · 4.7%
Interest coverage
219.94▲
2024 · 32.85
Debt
€1.18M▲
2024 · €660k
Debt ≤ 1 year
€1.18M▲
2024 · €658k
Income taxes
€423k▲
2024 · €66k
Staff costs
€289k▲
2024 · €216k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.81M€3.29M▲
Fixed assets21/28€7k€18k▲
Intangible fixed assets21€481€0▼
Tangible fixed assets22/27€6k€17k▲
Furniture and vehicles24€6k€4k▼
Other tangible fixed assets26€412€13k▲
Financial fixed assets28€252€252=
Current assets29/58€2.80M€3.27M▲
Stocks and contracts in progress3€392k€1.22M▲
Stocks30/36€392k€1.22M▲
Amounts receivable within one year40/41€1.36M€831k▼
Trade receivables40€431k€582k▲
Other amounts receivable41€926k€249k▼
Current investments50/53€0-
Cash at bank and in hand54/58€849k€1.08M▲
Deferred charges and accrued income490/1€201k€139k▼
Equity and liabilities
Total equity and liabilities10/49€2.81M€3.29M▲
Equity10/15€2.15M€2.11M▼
Contributions10/11€19k€19k=
Reserves13€2.13M€2.09M▼
Distributable reserves133€2.13M€2.09M▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€660k€1.18M▲
Amounts payable within one year42/48€658k€1.18M▲
Financial debts43€1k€6k▲
Credit institutions430/8€1k€6k▲
Trade debts44€391k€877k▲
Suppliers440/4€391k€877k▲
Advances received on contracts in progress46€151k€220k▲
Taxes, remuneration and social security45€115k€55k▼
Taxes450/3€99k€26k▼
Remuneration and social security454/9€16k€30k▲
Other amounts payable47/48€0€21k▲
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20242025
Non-recurring operating income76A€1k€3k▲
Remuneration, social security and pensions62€216k€289k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€3k€5k▲
Non-recurring operating charges66A€2k€204k▲
Gross operating margin9900€374k€1.77M▲
Operating profit (loss)9901€148k€1.27M▲
Financial income75/76B€55k€57k▲
Recurring financial income75€55k€57k▲
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€198k€1.32M▲
Income taxes67/77€66k€423k▲
Profit (loss) for the period9904€133k€897k▲
Profit (loss) for the period to be appropriated9905€133k€897k▲
Appropriation of the result
Profit (loss) to be appropriated9906€133k€897k▲
Transfer from equity791/2€0€935k▲
Transfer to equity691/2€133k€897k▲
To other reserves6921€133k€897k▲
Profit to be distributed694/7€0€935k▲
Return on contributions (dividend)694€0€935k▲
Social balance
Average headcount (FTE)90874.45.6▲
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €1.06M ▲65.7%
Operating result €1.53M, net result €1.06M, both a record.
31-12
Financial
Equity above €2MEq €2.01M ▲49.4%
6 profitable years in a row build equity to €2.01M.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 5 days late
2021
31-12
Financial
Liquidity quadruplescurrent ratio 3.70
Current ratio from 1.03 to 3.70.
31-12
Financial
Equity above €1MEq €1.35M ▲202%
4 profitable years in a row build equity to €1.35M.
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €9k ▼95.2%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
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.
Directors · office · real estate
Directors
4 acts for this company are 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, Bilzen-Hoeselt · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Tipstraat 1403740 Bilzen-HoeseltGround area
755 m²
Building footprint
146 m²
Volume, LiDAR
757 m³
Parcel 73005F0002/00Y002, Flanders · tallest building 13.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Total Energy Projects
since 20152.239.689.022
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73005F0002/00Y002 | Flanders | 755 m² | 1 · 146 m² | 13.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 11,513 EUR awarded · 11,513 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 7,500 EUR | 10,500 EUR |
| 2024 | 1 | 3,000 EUR | 0 EUR |
| 2022 | 1 | 1,013 EUR | 1,013 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
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Of 9,531 companies in sector 43222 we hold annual accounts for 5,661. 1,988 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-02-2015
Fiscal year end31-12
Abbreviation NL
TE-Projects
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.