WILLEM TEL
ActiveThe annual accounts of WILLEM TEL for fiscal year 2025 show a net loss of 105% of total assets and of 87% of the equity at the start of that year. The 2025 annual accounts show equity of €4k and a net result of €-25k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 26% of 1505 sector peers (fiscal year 2025). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-4
Solvency40▼-38
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.68 against 3.93 in 2024; short-term debt: 50.7% and cash: 37.5% of total assets), but 85% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies
more bankruptcies →
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
15%
Return on assets
-104.6%
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-25k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
30 d late
2023
30 d late
2022
31 d late
2021
30 d late
2020
31 d late
2019
22 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€4k▼ 87.4%
2024 · €28k
2018: €23k
2019: €19k
2020: €38k
2021: €53k
2022: €55k
2023: €34k
2024: €28k
2018 → 2025
Total assets
€23k▼ 55.6%
2024 · €53k
2018: €60k
2019: €56k
2020: €93k
2021: €106k
2022: €106k
2023: €75k
2024: €53k
2018 → 2025
Net result
€-25k▼ 301%
2024 · €-6k
2018: €-25k
2019: €-5k
2020: €20k
2021: €15k
2022: €3k
2023: €-21k
2024: €-6k
2018 → 2025
Working capital
€8k▼ 77.1%
2024 · €35k
2018: €24k
2019: €21k
2020: €43k
2021: €61k
2022: €65k
2023: €42k
2024: €35k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€53k-€55k▲ 4.6%€34k▼ 37.8%€28k▼ 17.9%€4k▼ 87.4%
Operating result€20k-€7k▼ 67.0%€-19k€-5k▲ 75.0%€-25k▼ 410%
Net result€15k-€3k▼ 78.7%€-21k€-6k▲ 70.6%€-25k▼ 301%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €25k in 2025 against €5k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23k
Fixed assets
€3k▼ 36.3%
Current assets
€20k▼ 57.8%
Equity and liabilities €23k
Equity
€4k▼ 87.4%
Debt
€20k▼ 19.4%
The debt ratio rises from 46.8% to 85.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-23k▼
2024 · €-3k
Cash flow
€-23k▼
2024 · €-4k
Solvency
15.0%▼
2024 · 53.2%
Current ratio
1.68▼
2024 · 3.93
Quick ratio
1.68▼
2024 · 3.93
Debt / equity
5.65▲
2024 · 0.88
ROE
-695.3%▼
2024 · -21.8%
ROA
-104.6%▼
2024 · -11.6%
Interest coverage
-133.19▼
2024 · -2.44
Debt
€20k▼
2024 · €25k
Debt ≤ 1 year
€12k▼
2024 · €12k
Income taxes
€516▲
2024 · €269
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€53k€23k▼
Fixed assets21/28€5k€3k▼
Tangible fixed assets22/27€5k€3k▼
Land and buildings22€969€701▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€3k€1k▼
Current assets29/58€47k€20k▼
Amounts receivable within one year40/41€12k€313▼
Trade receivables40€12k€0▼
Other amounts receivable41€387€313▼
Current investments50/53€10k€10k=
Cash at bank and in hand54/58€24k€9k▼
Deferred charges and accrued income490/1€809€978▲
Equity and liabilities
Total equity and liabilities10/49€53k€23k▼
Equity10/15€28k€4k▼
Contributions10/11€12k€12k=
Reserves13€43k€43k=
Distributable reserves133€43k€43k=
Profit (loss) carried forward14€-27k€-52k▼
Amounts payable17/49€25k€20k▼
Amounts payable within one year42/48€12k€12k▼
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€5k€2k▼
Taxes450/3€4k€1,000▼
Remuneration and social security454/9€1k€1k▼
Other amounts payable47/48€5k€5k▲
Accrued charges and deferred income492/3€13k€8k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-2k€-22k▼
Operating profit (loss)9901€-5k€-25k▼
Financial income75/76B€166€839▲
Recurring financial income75€166€839▲
Financial charges65/66B€1k€171▼
Recurring financial charges65€1k€171▼
Profit (loss) for the period before taxes9903€-6k€-24k▼
Income taxes67/77€269€516▲
Profit (loss) for the period9904€-6k€-25k▼
Profit (loss) for the period to be appropriated9905€-6k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-27k€-52k▼
Profit (loss) brought forward from the previous period14P€-21k€-27k▼
The notes to these accounts (6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 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
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €20k
Net result €20k after 2 loss-making years.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 57 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Dendermonde · 1 establishment unit since 2004
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.
Baasrodestraat (BAA) 2109200 DendermondeGround area
1,108 m²
Building footprint
112 m²
Volume, LiDAR
743 m³
Parcel 42002B0005/00B002, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WILLEM TEL
since 20042.142.351.205
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42002B0005/00B002 | Flanders | 1,108 m² | 1 · 112 m² | 10.8 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.
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Of 519 companies in sector 59114 we hold annual accounts for 245. 63 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-08-2004
Fiscal year end31-12
Activities, NACEBEL
59114Motion picture, video and television programme production, sound recording and music publishing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.