TESS
ActiveSummary
TESS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.46M and a net result of €3.90M. Equity is growing by ~29.1% per year across the filed fiscal years. Its solvency ranks better than 49% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+25
Solvency77▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €470k at 30 days acceptable
Liquidity short (current ratio 0.85 against 1.97 in 2024; short-term debt: 46.7% and cash: 0.4% of total assets), and 48.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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 · 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
51.7%
Return on assets
31.2%
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
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
27 d early
2023
34 d early
2022
40 d early
2021
31 d early
2020
17 d late
2019
17 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, abbreviated schema
Equity
€6.46M▲ 140%
2024 · €2.69M
2018: €736k
2019: €832k
2020: €933k
2021: €801k
2022: €916k
2023: €2.53M
2024: €2.69M
2018 → 2025
Total assets
€12.50M▲ 163%
2024 · €4.75M
2018: €758k
2019: €1.19M
2020: €1.45M
2021: €1.77M
2022: €2.78M
2023: €4.43M
2024: €4.75M
2018 → 2025
Net result
€3.90M▲ 2,220%
2024 · €168k
2018: €108k
2019: €96k
2020: €101k
2021: €86k
2022: €115k
2023: €109k
2024: €168k
2018 → 2025
Working capital
€-881k
2024 · €1.82M
2018: €253k
2019: €187k
2020: €237k
2021: €84k
2022: €184k
2023: €1.68M
2024: €1.82M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€801k-€916k▲ 14.4%€2.53M▲ 176%€2.69M▲ 6.7%€6.46M▲ 140%
Operating result€137k-€174k▲ 27.1%€155k▼ 11.2%€197k▲ 27.1%€133k▼ 32.6%
Net result€86k-€115k▲ 34.3%€109k▼ 5.2%€168k▲ 53.8%€3.90M▲ 2,220%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 33% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.50M
Fixed assets
€7.55M ▲ 613%
Current assets
€4.95M ▲ 34.2%
Equity and liabilities €12.50M
Equity
€6.46M ▲ 140%
Debt
€6.04M ▲ 194%
Debt's share of the balance-sheet total rises from 43.3% to 48.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€165k▼
2024 · €212k
Cash flow
€3.93M▲
2024 · €184k
Current ratio
0.85▼
2024 · 1.97
Debt to equity
0.93▲
2024 · 0.76
ROE
60.3%▲
2024 · 6.2%
ROA
31.2%▲
2024 · 3.5%
Interest coverage
2.51▼
2024 · 2.68
Debt ≤ 1 year
€5.83M▲
2024 · €1.87M
Debt > 1 year
€161k=
2024 · €161k
Income taxes
€53k▼
2024 · €84k
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 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.75M€12.50M▲
Fixed assets21/28€1.06M€7.55M▲
Tangible fixed assets22/27€137k€122k▼
Furniture and vehicles24€137k€122k▼
Financial fixed assets28€921k€7.43M▲
Current assets29/58€3.69M€4.95M▲
Amounts receivable within one year40/41€3.63M€4.89M▲
Trade receivables40€40k€40k=
Other amounts receivable41€3.58M€4.85M▲
Cash at bank and in hand54/58€14k€44k▲
Deferred charges and accrued income490/1€51k€16k▼
Equity and liabilities
Total equity and liabilities10/49€4.75M€12.50M▲
Equity10/15€2.69M€6.46M▲
Contributions10/11€1.52M€1.52M=
Reserves13€1.17M€4.94M▲
Distributable reserves133€1.17M€4.94M▲
Amounts payable17/49€2.05M€6.04M▲
Amounts payable after more than one year17€161k€161k=
Other amounts payable178/9€161k€161k=
Amounts payable within one year42/48€1.87M€5.83M▲
Current portion of amounts payable after more than one year42€32k€32k=
Trade debts44€6k€16k▲
Suppliers440/4€6k€16k▲
Taxes, remuneration and social security45€80k€66k▼
Taxes450/3€80k€66k▼
Other amounts payable47/48€1.76M€5.72M▲
Accrued charges and deferred income492/3€21k€43k▲
Income statement
Code20242025
Non-recurring operating income76A€5k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€32k▲
Other operating charges640/8€8k€2k▼
Gross operating margin9900€220k€167k▼
Operating profit (loss)9901€197k€133k▼
Financial income75/76B€134k€3.89M▲
Recurring financial income75€134k€98k▼
Non-recurring financial income76B-€3.79M
Financial charges65/66B€79k€66k▼
Recurring financial charges65€79k€66k▼
Profit (loss) for the period before taxes9903€252k€3.95M▲
Income taxes67/77€84k€53k▼
Profit (loss) for the period9904€168k€3.90M▲
Profit (loss) for the period to be appropriated9905€168k€3.90M▲
Appropriation of the result
Profit (loss) to be appropriated9906€168k€3.90M▲
Transfer from equity791/2-€130k
Transfer to equity691/2€168k€3.90M▲
To other reserves6921€168k€3.90M▲
Profit to be distributed694/7-€130k
Return on contributions (dividend)694-€130k
The notes to these accounts (13 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €3.90M ▲2220%
Net result €3.90M, the highest in the series.
31-12
Financial
Equity above €5MEq €6.46M ▲140%
8 profitable years in a row build equity to €6.46M.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €2MEq €2.53M ▲176%
6 profitable years in a row build equity to €2.53M.
07-12
State Gazette act
Board meeting · Director reappointment
06-10
State Gazette act
Board meeting · Director appointment
05-10
State Gazette act
Board meeting · Director appointment
05-10
State Gazette act
Board meeting · Director appointment
04-10
State Gazette act
Board meeting · Director appointment
Permanent representative
28-09
State Gazette act
Board meeting · Director appointment
Show earlier events
18-09
State Gazette act
General meeting · Director reappointment
14-08
State Gazette act
General meeting · Director reappointment
Permanent representative
28-07
State Gazette act
General meeting · Director appointment
14-07
State Gazette act
General meeting · Director appointment
04-07
State Gazette act
General meeting · Director appointment
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
17-01
State Gazette act
General meeting · Statutes amendment
Purpose change · Corporate purpose
13-01
State Gazette act
General meeting · Demerger
Accounting effect · Statutes amendment
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €86k ▼15%
Net result drops to €86k, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 17 days late
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
18-06
State Gazette act
Board meeting · Director appointment
Permanent representative · Director resignation
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-10
State Gazette act
General meeting · Director reappointment
Director appointment · Director resignation
17-10
State Gazette act
Board meeting · Director appointment
Permanent representative · Director resignation
13-10
State Gazette act
General meeting · Director reappointment
Permanent representative · Director appointment
13-10
State Gazette act
Board meeting · Director appointment
Permanent representative · Director resignation
25-08
State Gazette act
Board meeting · Director appointment
Permanent representative
14-08
State Gazette act
General meeting · Director reappointment
Director appointment
14-08
State Gazette act
Board meeting · Director appointment
Permanent representative
14-08
State Gazette act
General meeting · Director reappointment
Director appointment
14-08
State Gazette act
Board meeting · Director appointment
14-08
State Gazette act
General meeting · Director reappointment
Permanent representative · Director appointment
14-08
State Gazette act
Board meeting · Director appointment
Permanent representative
14-08
State Gazette act
General meeting · Director reappointment
Director appointment
14-08
State Gazette act
Board meeting · Director appointment
Permanent representative
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
02-12
State Gazette act
General meeting · Director reappointment
Director appointment · Director resignation
31-05
State Gazette act
Board meeting · Director appointment
Permanent representative
30-05
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
2013
24-05
State Gazette act
General meeting · Director appointment
Permanent representative · Director reappointment
2011
24-01
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Maasmechelen · 1 establishment unit since 2009
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.
Broekstraat(O) 763630 MaasmechelenGround area
9,001 m²
Building footprint
404 m²
Volume, LiDAR
2,807 m³
Parcel 73060A0413/00V007, Flanders · tallest building 12.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TESS
since 20092.182.134.566
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73060A0413/00V007 | Flanders | 9,001 m² | 1 · 404 m² | 12.2 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.
Structure & network
Connections & network
7 connected companiesLinked via shared directors
Shared director
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Shared director
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Shared director
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Shared director
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Show 3 more companies with a shared director
Shared director
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Shared director
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Shared director
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Ownership & control
6 board mandatesBoard mandates of this companythis company sits on their board6
27 locations
2 locations
2 locations
1 location
1 location
1 location
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 843 EUR awarded · 843 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 843 EUR | 843 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 9,388 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 formPrivate limited company
Founded05-10-2009
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68201Renting and operating of own or leased residential real estate, excluding social housing
77110Renting and leasing of cars and light motor vehicles
77120Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:089/323205