MISTER TEAK
ActiveMISTER TEAK has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7k and a net result of €-14k. Equity is growing by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 27% of 26056 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency15▼-8
Growth58=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.02 against 1.12 in 2023), and 94.2% 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2024Solvency, return and age of the figures
Solvency
5.8%
Return on assets
-10.5%
Age of the figures
20 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 (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€14k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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
25 d late
2023
153 d late
2022
29 d late
2021
153 d late
2020
224 d late
2019
1039 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€7k▼ 64.6%
2023 · €21k
2018: €28k
2019: €2k
2020: €2k
2021: €5k
2022: €26k
2023: €21k
2018 → 2024
Total assets
€130k▼ 9.7%
2023 · €144k
2018: €161k
2019: €123k
2020: €108k
2021: €134k
2022: €142k
2023: €144k
2018 → 2024
Net result
€-14k▼ 198%
2023 · €-5k
2018: €-53k
2019: €-26k
2020: €-14
2021: €3k
2022: €30k
2023: €-5k
2018 → 2024
Working capital
€2k▼ 85.8%
2023 · €14k
2018: €9k
2019: €-7k
2020: €-5k
2021: €-12k
2022: €17k
2023: €14k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2k-€5k▲ 122%€26k▲ 453%€21k▼ 17.8%€7k▼ 64.6%
Operating result€20k-€11k▼ 45.9%€42k▲ 277%€10k▼ 76.5%€-4k
Net result€-14-€3k€30k▲ 1,074%€-5k€-14k▼ 198%
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 turns negative in 2024: a loss of €4k after €10k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €130k
Fixed assets
€8k▼ 19.1%
Current assets
€122k▼ 9.0%
Equity and liabilities €130k
Equity
€7k▼ 64.6%
Debt
€122k▼ 0.2%
The debt ratio rises from 85.3% to 94.2%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-2k▼
2023 · €12k
Cash flow
€-12k▼
2023 · €-3k
Solvency
5.8%▼
2023 · 14.7%
Current ratio
1.02▼
2023 · 1.12
Quick ratio
0.91▲
2023 · 0.85
Debt / equity
16.32▲
2023 · 5.79
ROE
-182.4%▼
2023 · -21.7%
ROA
-10.5%▼
2023 · -3.2%
Interest coverage
-0.17▼
2023 · 1.18
Debt
€122k▼
2023 · €123k
Debt ≤ 1 year
€120k▼
2023 · €120k
Income taxes
€-10▼
2023 · €4k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€144k€130k▼
Fixed assets21/28€10k€8k▼
Tangible fixed assets22/27€5k€3k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€2k€986▼
Other tangible fixed assets26€116€56▼
Financial fixed assets28€5k€5k=
Current assets29/58€134k€122k▼
Stocks and contracts in progress3€32k€13k▼
Stocks30/36€32k€13k▼
Amounts receivable within one year40/41€101k€107k▲
Trade receivables40€18k€24k▲
Other amounts receivable41€83k€84k▲
Cash at bank and in hand54/58€95€60▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€144k€130k▼
Equity10/15€21k€7k▼
Contributions10/11€39k€39k=
Outside capital11€39k€39k=
Other1109/19€39k€39k=
Reserves13€22k€22k=
Non-distributable reserves130/1€739€739=
Legal reserve130€739€739=
Distributable reserves133€21k€21k=
Profit (loss) carried forward14€-40k€-53k▼
Amounts payable17/49€123k€122k▼
Amounts payable within one year42/48€120k€120k▼
Financial debts43€100k€100k▲
Credit institutions430/8€100k€100k▲
Trade debts44€11k€6k▼
Suppliers440/4€11k€6k▼
Taxes, remuneration and social security45€10k€14k▲
Taxes450/3€10k€14k▲
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€720€2k▲
Gross operating margin9900€12k€-151▼
Operating profit (loss)9901€10k€-4k▼
Financial income75/76B€52€0▼
Recurring financial income75€52€0▼
Financial charges65/66B€10k€10k▲
Recurring financial charges65€10k€10k▲
Profit (loss) for the period before taxes9903€-116€-14k▼
Income taxes67/77€4k€-10▼
Profit (loss) for the period9904€-5k€-14k▼
Profit (loss) for the period to be appropriated9905€-5k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-40k€-53k▼
Profit (loss) brought forward from the previous period14P€-35k€-40k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 1039 days late
2022
31-12
Financial
Highest result since 2018net €30k ▲1074%
Operating result €42k, net result €30k, both a record.
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
12-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 224 days late
12-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 955 days late
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after 3 loss-making years.
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2015
27-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 27 days late
2014
07-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Lede · 1 establishment unit since 2005
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.
Molenhoek 569340 LedeGround area
1,589 m²
Building footprint
335 m²
Volume, LiDAR
2,039 m³
2 parcels, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MISTER TEAK
since 20052.145.394.134
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41303E0294/00E006 | Flanders | 951 m² | 1 · 193 m² | 9.4 m · 2 fl. |
| 41066B0124/00A000 | Flanders | 638 m² | 1 · 142 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
ELSA EMOI
BE 0657.842.815
Incourt · Eq €8k
KOYCU GROUP
BE 0631.895.909
Antwerpen · Eq €8k
KITCHEN AGENCY
BE 0826.290.243
Elsene · Eq €7k
PRO MEUBLES
BE 0877.160.013
Schaarbeek · Eq €7k
SSTC
BE 1005.963.937
Antwerpen · Eq €8k
Of 2,588 companies in sector 47551 we hold annual accounts for 1,701. 551 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-01-2005
Fiscal year end31-12
Activities, NACEBEL
47551Retail sale of household furniture
47591Retail trade
46472Wholesale trade
46650Wholesale trade
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.