Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TEN2 from Lier, company number BE0895040180, closed financial year 2025 with a result of € 40,797 after tax. For that financial year TEN2 recorded a gross margin of € 216,855 and equity of € 18,600. Compared with financial year 2024, the result moved from € 78,919 to € 40,797. The company is profitable. 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 22, 2026.
€ 18,600
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 40,797
▼ 48% vs 2024
Profit after tax over the fiscal year.
€ 23,999
▼ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 40,797 paid out
100 % of the profit went to the shareholders, mostly to Qas & Co (100 % of the shares). That is where the money ends up.
People and assets in 2025
3.2
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 137,419
▲ 22% vs 2024
€ 42,900 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.
€ 2,492
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 109,510
▲ 145% vs 2024
€ 6,933 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 94,884
▲ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 25,334
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 100,450 | € 133,062 | € 247,998 | € 216,855 | ▼ 13% |
| Profit after taxes | € -7,100 | € 26,279 | € 78,919 | € 40,797 | ▼ 48% |
| Equity | € 102,675 | € 18,600 | € 18,600 | € 18,600 | |
| Total debts | € 146,864 | € 205,186 | € 241,752 | € 299,741 | ▲ 24% |
| Cash | € 41,334 | € 29,793 | € 55,162 | € 23,999 | ▼ 56% |
| Retained profit | € 84,075 | € 0 | € 0 | € 0 | |
| Dividend | € 0 | € 110,354 | € 78,919 | € 40,797 | ▼ 48% |
| Bank debt | € 42,037 | € 15,736 | € 44,648 | € 109,510 | ▲ 145% |
| Balance sheet total | € 249,539 | € 223,786 | € 260,352 | € 318,341 | ▲ 22% |
| Employees (FTE) | - | 1.9 | 2.6 | 3.2 | ▲ 0.6 |
Key figures of TEN2, 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 TEN2?
What happened at TEN2 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 40,797 (▼ 48% vs 2024). Source: NBB ↗
- New establishment in Lier. KBO
- Start of the company according to the CBE. KBO
- New establishment in Boechout. KBO
In short
From € 7,100 loss in 2022 to € 40,797 profit in 2025.
Paid € 55,875 in corporate taxes since 2022.
Best year ever: 2024, with € 78,919 profit.
On average € 67,800 of value added per employee in 2025.
A new publication or filing at TEN2? 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 Qas & Co comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TEN2Behind TEN2 are Qas & Co BV and Nathalie Vercammen. The shares are held by Qas & Co (100%).
Directors
According to the 2025 annual accounts
Director · represented by Jan Verbeeck
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Mushaag 4
2500 Lier
Provinciesteenweg 296
2530 Boechout
Active since 7 January 2008
Mallekotstraat 73 box E
2500 Lier
Active since 1 October 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0895.040.180
- VAT number
- BE 0895.040.180
- Registered office
- Mushaag 4, 2500 Lier
- Names & denominations
- TEN2
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2008
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
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