Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
29 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Tenbosch 126 from Etterbeek, company number BE0745959001, closed financial year 2025 with a result of € -161,352 after tax. For that financial year Tenbosch 126 recorded a gross margin of € 321,346 and equity of € 884,363. Compared with financial year 2024, the result moved from € -159,903 to € -161,352. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 884,363
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -161,352
▼ 1 % more loss than in 2024
Profit after tax over the fiscal year.
€ 43,222
▲ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -978,137.
People and assets in 2025
€ 25,716
▲ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.3 million
▼ 2% vs 2024
€ 88,116 is repaid this year. At this pace the long-term loan is gone in ≈ 49 years.
€ 36,282
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 429
▼ 93% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 274,260 | € 306,912 | € 321,346 | ▲ 5% |
| Profit after taxes | € -161,631 | € -159,903 | € -161,352 | ▼ € 1,449 |
| Equity | € 1,205,617 | € 1,045,715 | € 884,363 | ▼ 15% |
| Total debts | € 7,559,254 | € 7,474,657 | € 7,404,102 | ▼ 1% |
| Cash | € 64,295 | € 28,117 | € 43,222 | ▲ 54% |
| Land & buildings | € 8,665,419 | € 8,437,273 | € 8,204,596 | ▼ 3% |
| Retained profit | € -656,883 | € -816,785 | € -978,137 | ▼ € 161,352 |
| Bank debt | € 7,506,885 | € 4,408,506 | € 4,321,515 | ▼ 2% |
| Balance sheet total | € 8,764,871 | € 8,520,372 | € 8,288,466 | ▼ 3% |
Key figures of Tenbosch 126, fiscal years 2023 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 Tenbosch 126?
What happened at Tenbosch 126 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Alain Braive stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 161,352. Source: NBB ↗
- ASSINCO stepped down as director. NBB
- GSV CONSULT stepped down as director. NBB
- SECUREX VIE stepped down as director. NBB
- Alain Braive became a director. NBB
- SECUREX VIE became a director. NBB
- ASSINCO became a director. NBB
In short
From € 161,631 loss in 2023 to € 161,352 loss in 2025.
A new publication or filing at Tenbosch 126? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Securex Immo comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Tenbosch 126The shares are held by Securex Immo.
Directors
According to the 2025 annual accounts
Director · represented by Serge Demoulin
Also active at: Secrétariat Social Securex - Sociaal Sekretariaat Securex - Sozial Sekretariate für Arbeitgeber Securex, Securex ICT, SECUREX INTEGRITY, CAISSE LIBRE D'ASSURANCES SOCIALES POUR TRAVAILLEURS INDEPENDANTS - SECUREX INTEGRITY, VRIJ SOCIAAL VERZEKERINGSFONDS VOOR ZELFSTANDIGEN, SERVICE EXTERNE DE PREVENTION ET DE PROTECTION SECUREX-EXTERNE DIENST VOOR PREVENTIE EN BESCHERMING SECUREX, Groep Securex - Groupe Securex, SECUREX INVEST, SECUREX CONSULT, CONTROLE MEDICAL SECUREX - MEDISCHE CONTROLE SECUREX +12 more
since 2020 · until 2026
Chairman of the board · represented by Guy Savoir
Also active at: Secrétariat Social Securex - Sociaal Sekretariaat Securex - Sozial Sekretariate für Arbeitgeber Securex, Securex ICT, SECUREX INTEGRITY, CAISSE LIBRE D'ASSURANCES SOCIALES POUR TRAVAILLEURS INDEPENDANTS - SECUREX INTEGRITY, VRIJ SOCIAAL VERZEKERINGSFONDS VOOR ZELFSTANDIGEN, SERVICE EXTERNE DE PREVENTION ET DE PROTECTION SECUREX-EXTERNE DIENST VOOR PREVENTIE EN BESCHERMING SECUREX, Groep Securex - Groupe Securex, SECUREX INVEST, SECUREX CONSULT, CONTROLE MEDICAL SECUREX - MEDISCHE CONTROLE SECUREX +16 more
since 2020 · until 2026
Director · represented by Pierre Princen
Also active at: HAPPY GENERATION PROPERTY, ALPHA KEY, Thines Horizon, SEEDER FUND, ERNEST 11, Colive, HIVE5 GROUP, COURS SAINT-MICHEL 30 +6 more
since 2023 · until 2026
Alain Braive
Director
Also active at: Secrétariat Social Securex - Sociaal Sekretariaat Securex - Sozial Sekretariate für Arbeitgeber Securex, SERVICE EXTERNE DE PREVENTION ET DE PROTECTION SECUREX-EXTERNE DIENST VOOR PREVENTIE EN BESCHERMING SECUREX, Groep Securex - Groupe Securex, SECUREX INVEST, SECUREX CONSULT, CONTROLE MEDICAL SECUREX - MEDISCHE CONTROLE SECUREX, BVI.EU, HAPPY GENERATION PROPERTY +13 more
since 2024 · until 2027
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Tervurenlaan 43
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 29 companies are registered at this address.
All companies at this address →Secrétariat Social Securex - Sociaal Sekretariaat Securex - Sozial Sekretariate für Arbeitgeber Securex same network
€ 103.5 million revenue · 2025
Securex ICT same network
€ 47.1 million revenue · 2025
SECUREX INTEGRITY, CAISSE LIBRE D'ASSURANCES SOCIALES POUR TRAVAILLEURS INDEPENDANTS - SECUREX INTEGRITY, VRIJ SOCIAAL VERZEKERINGSFONDS VOOR ZELFSTANDIGEN same network
€ 23.5 million revenue · 2025
SERVICE EXTERNE DE PREVENTION ET DE PROTECTION SECUREX-EXTERNE DIENST VOOR PREVENTIE EN BESCHERMING SECUREX same network
€ 58 million revenue · 2025
Groep Securex - Groupe Securex same network
€ 63.1 million revenue · 2025
+24 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0745.959.001
- VAT number
- BE 0745.959.001
- Registered office
- Tervurenlaan 43, 1040 Etterbeek
- Names & denominations
- Tenbosch 126
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 April 2020
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen