TESSENDERLO CHEMIE INTERNATIONAL
ActiveSummary
TESSENDERLO CHEMIE INTERNATIONAL has been active since 1970 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19.05M and a net result of €5.28M. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 70% of 3187 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▲+19
Solvency100▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.65M at 30 days acceptable
Liquidity ample (current ratio 1.98 against 1.21 in 2024; short-term debt: 25.1% and cash: 0% of total assets), and 25.3% 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
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
74.7%
Return on assets
20.7%
Age of the figures
9 mo
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 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
71 d early
2024
64 d early
2023
64 d early
2022
60 d early
2021
76 d early
2020
58 d early
2019
57 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5.28M▲ 301%
2024 · €1.32M
2018: €868k
2019: €765k
2020: €1.00M
2022: €844k
2023: €1.71M
2024: €1.32M
2018 → 2025
Working capital
€6.25M▲ 247%
2024 · €1.80M
2018: €3.33M
2019: €2.28M
2020: €-2.05M
2022: €754k
2023: €-4.96M
2024: €1.80M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€7.15M-€7.53M▲ 5.4%€9.25M▲ 22.7%€15.57M▲ 68.3%€19.05M▲ 22.4%
Operating result€989k-€1.24M▲ 24.9%€1.49M▲ 20.6%€1.94M▲ 29.9%€1.74M▼ 10.1%
Net result€1.00M-€844k▼ 15.6%€1.71M▲ 103%€1.32M▼ 23.2%€5.28M▲ 301%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25.49M
Fixed assets
€12.83M ▼ 7.2%
Current assets
€12.66M ▲ 20.1%
Equity and liabilities €25.49M
Equity
€19.05M ▲ 22.4%
Provisions
€29k
Debt
€6.41M ▼ 27.1%
Debt's share of the balance-sheet total falls from 36.1% to 25.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.87M▼
2024 · €2.98M
Cash flow
€6.41M▲
2024 · €2.36M
Current ratio
1.98▲
2024 · 1.21
Debt to equity
0.34▼
2024 · 0.57
ROE
27.7%▲
2024 · 8.5%
ROA
20.7%▲
2024 · 5.4%
Interest coverage
95.89▲
2024 · 11.32
Debt ≤ 1 year
€6.41M▼
2024 · €8.74M
Income taxes
€519k▲
2024 · €491k
Staff costs
€9.02M▲
2024 · €8.83M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 68 lines
Balance sheet
Code20242025
Assets
Total assets20/58€24.36M€25.49M▲
Fixed assets21/28€13.82M€12.83M▼
Intangible fixed assets21€772k€402k▼
Tangible fixed assets22/27€2.33M€1.72M▼
Furniture and vehicles24€1.60M€1.67M▲
Assets under construction and advance payments27€731k€51k▼
Financial fixed assets28€10.71M€10.71M=
Affiliated companies280/1€10.71M€10.71M=
Participating interests280€10.71M€10.71M=
Current assets29/58€10.54M€12.66M▲
Amounts receivable within one year40/41€8.84M€11.04M▲
Trade receivables40€8.53M€9.15M▲
Other amounts receivable41€311k€1.89M▲
Cash at bank and in hand54/58€56k€2k▼
Deferred charges and accrued income490/1€1.65M€1.62M▼
Equity and liabilities
Total equity and liabilities10/49€24.36M€25.49M▲
Equity10/15€15.57M€19.05M▲
Contributions10/11€10.97M€10.97M=
Capital10€10.97M€10.97M=
Issued capital100€10.97M€10.97M=
Reserves13€384k€648k▲
Non-distributable reserves130/1€384k€648k▲
Legal reserve130€384k€648k▲
Profit (loss) carried forward14€4.21M€7.43M▲
Provisions and deferred taxes16-€29k
Provisions for liabilities and charges160/5-€29k
Pensions and similar obligations160-€29k
Amounts payable17/49€8.79M€6.41M▼
Amounts payable within one year42/48€8.74M€6.41M▼
Trade debts44€3.36M€2.05M▼
Suppliers440/4€3.36M€2.05M▼
Taxes, remuneration and social security45€2.43M€2.51M▲
Taxes450/3€416k€404k▼
Remuneration and social security454/9€2.02M€2.10M▲
Other amounts payable47/48€2.95M€1.85M▼
Accrued charges and deferred income492/3€52k-
Income statement
Code20242025
Operating income70/76A€31.74M€29.31M▼
Other operating income74€31.74M€29.31M▼
Operating charges60/66A€29.80M€27.57M▼
Services and other goods61€19.84M€17.40M▼
Remuneration, social security and pensions62€8.83M€9.02M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.04M€1.13M▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€29k
Other operating charges640/8€87k-
Operating profit (loss)9901€1.94M€1.74M▼
Financial income75/76B€303k€4.68M▲
Recurring financial income75€303k€4.68M▲
Income from financial fixed assets750€132k€4.06M▲
Income from current assets751€3k€22k▲
Other financial income752/9€168k€597k▲
Financial charges65/66B€431k€621k▲
Recurring financial charges65€431k€617k▲
Debt charges650€263k€30k▼
Other financial charges652/9€168k€587k▲
Non-recurring financial charges66B-€4k
Profit (loss) for the period before taxes9903€1.81M€5.80M▲
Income taxes67/77€491k€519k▲
Taxes670/3€491k€526k▲
Tax adjustments and reversals of tax provisions77-€7k
Profit (loss) for the period9904€1.32M€5.28M▲
Profit (loss) for the period to be appropriated9905€1.32M€5.28M▲
Appropriation of the result
Profit (loss) to be appropriated9906€4.27M€9.49M▲
Profit (loss) brought forward from the previous period14P€2.96M€4.21M▲
Transfer to equity691/2€66k€264k▲
To the legal reserve6920€66k€264k▲
Profit to be distributed694/7-€1.80M
Return on contributions (dividend)694-€1.80M
Social balance
Average headcount (FTE)908768.868.0▼
The notes to these accounts (59 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
21-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €5.28M ▲301%
Net result €5.28M, the highest in the series.
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Liquidity doublescurrent ratio 1.21
Current ratio from 0.54 to 1.21; short-term debt falls from €10.69M to €8.74M.
31-12
Financial
Equity above €10MEq €15.57M ▲68.3%
6 profitable years in a row build equity to €15.57M.
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
01-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €765k ▼11.9%
Net result drops to €765k, the lowest in the series; recovery starts the following year.
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
14-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
30 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, Elsene · 2 establishment units since 1970
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.
Troonstraat 1301050 ElseneGround area
8,521 m²
Building footprint
3,301 m²
Volume, LiDAR
71,461 m³
2 parcels, Brussels, Flanders · tallest building 32.1 m, ±9 floors. Linked by address, not a title deed.
2 establishment units
Troonstraat 130, 1050 Elsene
since 19702.005.271.102
Tessenderlo Chemie International
since 20082.175.632.695
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24433E0025/00C002 | Flanders | 6,606 m² | 1 · 2,027 m² | 32.0 m · 9 fl. |
| 21442A0013/00D017 | Brussels | 1,916 m² | 1 · 1,274 m² | 29.2 m · 8 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.
Structure & network
Ownership & control
1 parent companyControl over this companyparent company per the LEI register1
Elsene
controls
TESSENDERLO CHEMIE INTERNATIONALBE 0407.247.372
Recognitions · licences · registrations
Legal Entity Identifier
549300MKLSYQ1NDZMK98
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Of 5,699 companies in sector 70100 we hold annual accounts for 3,494. 649 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-08-1970
Fiscal year end31-12
Abbreviation FR
T.C.I
Abbreviation NL
T.C.I
Activities, NACEBEL 2025
70100Activities of head offices
20130Manufacture of chemicals and chemical products
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.