WILLEM TEL
ActiveWILLEM TEL has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. 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 computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency36▼-60
Growth58▼-20
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.68 against 3.93 in 2024), 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 fell accordingly. 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 is the lowest year so far.
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 shrinks faster than debt is paid down.
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 517 companies in sector 59114 we hold annual accounts for 243. 61 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.