Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of TEG EU is 0.4% (very low). The 2024 annual accounts show equity of €1.88M and a net result of €15k. Its solvency ranks better than 22% of 1396 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.4%
Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Young company
+Lower-risk legal form
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
1 signal · with evidenceWeak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 1396 sector peers (2024).
View the sector comparison Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
2 signalsMore than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No administrative flags
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€15k
Working capital€-2.40M
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 28-04-2025 with the NBB · fiscal year 2024 · verkort
Sector comparison
Fiscal year 2024 · NACE 70, Head offices & management consulting · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 14.3% | 43.5% | |
| Net result | €15k | €42k | |
| Equity | €1.88M | €163k | |
| Gross operating margin | €218k | €72k | |
| Total assets | €13.17M | €607k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €15k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €13.17M |
| Equity | €1.88M |
| Debt | €11.29M |
| of which ≤ 1y | €3.39M |
| of which > 1y | €7.58M |
| Working capital | €-2.40M |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.29 |
| Quick ratio | 0.29 |
| Working capital ratio | -18.3% |
| Solvency | 14.3% |
| Debt / equity | 5.99 |
| Long-term debt ratio | 4.03 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 0.1% |
| ROE | 0.8% |
| 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 | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €13.17M |
| Fixed assets | 21/28 | €12.19M |
| Financial fixed assets | 28 | €12.19M |
| Current assets | 29/58 | €986k |
| Amounts receivable within one year | 40/41 | €945k |
| Investments | 50/53 | €23k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €13.17M |
| Equity | 10/15 | €1.88M |
| Contributions / capital | 10/11 | €1.87M |
| Reserves | 13 | €15k |
| Amounts payable | 17/49 | €11.29M |
| Amounts payable after one year | 17 | €7.58M |
| Amounts payable within one year | 42/48 | €3.39M |
| Trade debts payable within one year | 44 | €207k |
| Income statement | ||
| Gross operating margin | 9900 | €218k |
| Operating result | 9901 | €217k |
| Financial income | 75 | €637k |
| Financial charges | 65 | €839k |
| Result before taxes | 9903 | €15k |
| Net result for the period | 9904 | €15k |
| Result to be appropriated | 9905 | €15k |
Ratios computed by Checked.
Health barometer
FY 2024 · computed28
/ 100
Weak
Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Directors
Directors & mandates
1 directorCurrent directors & mandates
-
MGBVLegal entityDaily management· perm. rep.: Maarten GrauwelsState Gazette act 25357980 (25-09-2025)Current22-08-2025 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200) |
| Legal form | Public limited company(014) |
| Incorporation | 05-12-2022 |
| Status | Active |
| Postal code | 9051 |
Structure & network
Connections & network
3 connected companiesGroup structure
Parent · 1 subsidiary · 1 location
Control→
Subsidiary · 1 location
→
Subsidiary · 1 subsidiary · 2 locations
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Locations & real estate
Establishment units
1 locationDDE Group
since 20222.345.004.593
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area2,147 m²
Buildings1
Building footprint79 m²
Volume (LiDAR)137 m³
Tallest building3.1 m · ±1 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062A0120/00E000 | Flanders | 2,147 m² | 1 · 79 m² | 3.1 m · 1 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgian State Gazette · acts
1 verified actWhat every Belgian State Gazette publication actually says, each act broken down into appointments, capital movements, seat moves and statute amendments.
2026
23-03-2026
Resignations & appointments
- Board meeting , 22/02/2026
- Director resignation, MGBV (dagelijks bestuurder)
- Permanent representative, Maarten Grauwels
- Permanent representative, Dieter Aelvoet
Analysis
Snowflake analysis
financial profile on 5 axes30
/ 100
Fragile profile, watch profitability in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
28
Profitability
4
Solvency
10
Growth
-
Stability
79
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Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Holdings64200Activiteiten van holdings64210
Primary activity highlighted.
Names & trade names
| Legal nameNL | TEG EU |
Registered office
Poortakkerstraat 93
9051 Gent, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.