Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 1,152.7 to 1,013.8.
Financials
Financial year 2025
Tentoo Payroll Services from Machelen (Brab.), company number BE0462803529, closed financial year 2025 with a result of € -1 million after tax. For that financial year Tentoo Payroll Services recorded revenue of € 16.9 million and equity of € 76,388. Compared with financial year 2024, the result moved from € -135,335 to € -1 million. The company made a loss. The buffer shrank hard: equity is 93 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 76,388
▼ 93% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1 million
▼ 645 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.4 million
▼ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.3 million.
People and assets in 2025
1,013.8
▼ 23.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 16.1 million
▲ 5% vs 2024
€ 15,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 224,618
▲ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 96 days on average.
€ 1.2 million
▼ 21% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 18,176,315 | € 16,773,763 | € 16,431,426 | € 16,929,955 | ▲ 3% |
| Profit after taxes | € -78,602 | € -422,215 | € -135,335 | € -1,007,975 | ▼ € 872,640 |
| Equity | € 1,641,912 | € 1,219,698 | € 1,084,363 | € 76,388 | ▼ 93% |
| Total debts | € 4,016,518 | € 3,176,569 | € 3,292,909 | € 3,040,098 | ▼ 8% |
| Cash | € 1,840,958 | € 1,404,551 | € 2,067,087 | € 1,416,548 | ▼ 31% |
| Retained profit | € -725,088 | € -1,147,302 | € -1,282,637 | € -2,290,612 | ▼ € 1 million |
| Balance sheet total | € 5,658,430 | € 4,396,266 | € 4,377,271 | € 3,384,540 | ▼ 23% |
| Employees (FTE) | 1,329 | 1,152.7 | 1,037 | 1,013.8 | ▼ 23.2 |
Key figures of Tentoo Payroll Services, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Tentoo Payroll Services?
What happened at Tentoo Payroll Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Tentoo Holding BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1 million. Source: NBB ↗
- Tentoo Holding BV became a director. NBB
- New establishment in Machelen (Brab.). KBO
- Start of the company according to the CBE. KBO
In short
From € 78,602 loss in 2022 to € 1 million loss in 2025.
Paid € 21,690 in corporate taxes since 2022.
Pays suppliers within 96 days on average.
Management
Directors
According to the 2025 annual accounts
Tentoo Holding BV
Director · represented by Dennis Luijten
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Culliganlaan 2C
1831 Machelen (Brab.)
Culliganlaan 2 box C
1831 Machelen (Brab.)
Active since 29 June 2000
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
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€ 3.3 million gross margin · 2025
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€ 1.7 million revenue · 2024
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€ 73.5 million revenue · 2025
DB SAF Pillar Belgium Holdco
DB SAF Pillar Belgium BidCo
€ 24 million revenue · 2025
+4 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0462.803.529
- VAT number
- BE 0462.803.529
- Registered office
- Culliganlaan 2C, 1831 Machelen (Brab.)
- Names & denominations
- Tentoo Payroll Services
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 March 1998
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- tentoo.be
- Activities · NACE
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