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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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Teseo from Gent, company number BE0652731509, closed financial year 2025 with a result of € 87,932 after tax. For that financial year Teseo recorded a gross margin of € 228,327 and equity of € 409,863. Compared with financial year 2024, the result moved from € 98,899 to € 87,932. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 14, 2026.
€ 409,863
▲ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 87,932
▼ 11% vs 2024
Profit after tax over the fiscal year.
€ 94,686
▼ 87% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 405,058.
Debts at end 2025
€ 974,069
▼ 3% vs 2024
€ 48,839 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.
€ 455
▼ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 61,976
▲ 13% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 104,398 | € 134,265 | € 219,208 | € 228,327 | ▲ 4% |
| Profit after taxes | € 76,926 | € 60,489 | € 98,899 | € 87,932 | ▼ 11% |
| Equity | € 162,544 | € 223,033 | € 321,932 | € 409,863 | ▲ 27% |
| Total debts | € 684,644 | € 1,193,734 | € 1,740,424 | € 1,163,040 | ▼ 33% |
| Cash | € 44,043 | € 402,799 | € 740,075 | € 94,686 | ▼ 87% |
| Land & buildings | € 648,861 | € 948,831 | € 1,311,210 | € 1,363,941 | ▲ 4% |
| Retained profit | € 157,739 | € 218,228 | € 317,127 | € 405,058 | ▲ 28% |
| Bank debt | € 607,783 | € 717,102 | € 1,004,607 | € 974,069 | ▼ 3% |
| Balance sheet total | € 847,189 | € 1,416,767 | € 2,062,355 | € 1,572,903 | ▼ 24% |
Key figures of Teseo, 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 Teseo?
What happened at Teseo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 87,932 (▼ 11% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 76,926 profit in 2022 to € 87,932 profit in 2025.
Paid € 81,229 in corporate taxes since 2022.
Best year ever: 2024, with € 98,899 profit.
Management
Behind Teseo are Brecht Van Zwam, Enias Cailliau, John Verhaest, Bert Vanommeslaeghe and Kwinten Van Hoecke.
Directors
According to the 2025 annual accounts
Brecht Van Zwam
Director
Enias Cailliau
Director
John Verhaest
Director
Bert Vanommeslaeghe
Director
Kwinten Van Hoecke
Director
Establishments
Establishment units
Physical locations of this company
Gentbruggekouter 75A box 101
9050 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0652.731.509
- VAT number
- BE 0652.731.509
- Registered office
- Gentbruggekouter 75A bus 101, 9050 Gent
- Names & denominations
- Teseo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 April 2016
- Peppol
- Active · Active since 1 Jan 2001
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