Equity
€798,097 from €5.0m in 2006
Equity fell by 84% in 19 years.
TANGO HALLE
Lifetime
20 annual accounts with figures on one time axis, 46 filings since 1980peak €523,748 (2025)
€523,748▲ 20.3%
lowest -€888,183 (2008)
€266,393▲ 49.8%
peak €5.0m (2006)
€798,097▲ 31.3%
€3.1m▼ 6.2%
peak 65.7 FTE (2006)
0 FTE
Board1 name since 2018
1 directorJo Aelbrecht BV
Owners3 names in the annual accounts
Documentsfilings and deeds
22-04-20268 days before the deadline
2025abbreviated format
Gross margin from €435,495 to €523,748Result from €177,810 to €266,393Dividend €76,000Equity from €607,703 to €798,097Cash from €170 to €1,290
Key points
from the 2025 annual accountsResult
€266,393 ▲ 49.8%
The result rose in 2025 from €177,810 to €266,393.
Debts
€3.1m 79% of the balance sheet
Financial debts 88%Suppliers 0%Other 11%
Of this, €315,491 falls due within a year.
Liquidity
2.08 was 0.60 in 2024
Short-term debts fell from €875,718 to €315,491.
Filings
46 annual accounts since 1980
The last five annual accounts were filed 8 to 100 days before the end of the period.
Position in the sector
€266,393
Higher net result than 89% of companies in real estate. Sector median €9,997 · 11,290 companies.
Checked score
88
Excellent
Financially stronger than 67% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.2%▲ +0.1 percentage points vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.3%▲ +0.1 percentage points vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.4%▲ +0.1 percentage points vs 02-2026
04-2026: 0.6%▲ +0.2 percentage points vs 03-2026highest value
05-2026: 0.3%▼ -0.3 percentage points vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 2.08, cash €1,290
lowers risk
Size: total assets €3.9m
Founded in 1979
Figures for financial year 2025 (filed on 22-04-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 40% of them on solvency, 54% on liquidity, 87% on profitability and 86% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,613 companies had the same profile as TANGO HALLE has now. Each dot stands for 7 companies, two years later.
97.3%
were still trading
2.0%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of TANGO HALLE itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,613 companies, not a prediction for TANGO HALLE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €70,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.08 (0.6 in 2024), above the usual 1.5. Short-term debt is 8.1% and cash 0% of total assets. However, 79.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 22-04-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 days early
2024
44 days early
2023
34 days early
2022
40 days early
2021
100 days early
2020
67 days early
2019
14 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 44 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 21 March (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
Board and ownership
- JO AELBRECHT 100%score 93equity €2.8m (2025) · 2023 annual accounts of JO AELBRECHT
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0420004852
Environmental permit granted
Gevel-, dak-, instandhoudings- en renovatiewerken binnen een gebouw, zonder volume- of oppervlaktewijziging, Verbouwen en/of uitbreiden van bijgebouwen, niet-overdekte lage constructies of wijzigen van andere beperkte handelingen, Wijzigen van een publiciteitsinrichting · Halle
Amendment of the articles · Legal-form change
General meeting of 03-03-2020 · Gazette deed
First establishment
Zinkstraat 2, Halle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TANGO HALLE Halle | €3.9m | €523,748 | 20.5% | 0 |
| Nimco Herentals | €3.8m | €641,186 | 31.1% | 0 |
| HEIST RECYCLING Heist-op-den-Berg | €3.8m | €425,557 | 90.1% | 0 |
| VANMOBIL Kortemark | €5.0m | €531,204 | 91.1% | 0 |
| LIMBURGSE VASTGOED ONTWIKKELINGEN Ixelles | €4.0m | €617,154 | 63.1% | 0 |
| STIM Staden | €3.6m | €559,289 | 74.1% | 0 |
| MARKEY INVEST Langemark-Poelkapelle | €3.9m | €475,010 | 29.2% | 0 |
These companies have the same main activity as TANGO HALLE: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €3.6m and €5m, founded between 1968 and 1991.
Official details
Source: KBO- Status
- Active since 16-11-1979Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 1 other
- Establishment unit
- 2.018.514.9661502 Halle, since 01-01-1980
- Financial year end
- 30 September
- Peppol
- Reachable since 18-12-2025
Annual accounts to 30-09-2025
- ≈ €580,000estimated
- €3.9m▼ 0.4%
- Filing
- Filed on 22-04-2026, 8 days before the end of the filing period
Insights on TANGO HALLE
TANGO HALLE files the abbreviated format. That format states no turnover. The gross margin rose from €229,143 in 2013 to €523,748 in 2025.
JO AELBRECHT holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TANGO HALLE
- What is the company number of TANGO HALLE?
- The company number of TANGO HALLE is 0420.004.852. The VAT number is the same number with BE in front: BE 0420.004.852.
- Where is TANGO HALLE based?
- The registered office is at Zinkstraat 2, 1502 Halle.Company details
- What does TANGO HALLE do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of TANGO HALLE?
- TANGO HALLE is a private limited company (BV).
- When was TANGO HALLE founded?
- TANGO HALLE was founded on 16-11-1979.
- Is TANGO HALLE still active?
- Yes, TANGO HALLE is an active enterprise in the KBO register.
- What is the turnover of TANGO HALLE?
- The turnover in financial year 2025 is ≈ €580,000. This figure is estimated from the gross margin of €523,748 and 39 comparable companies (NACE 68203). It probably lies between €550,000 and €720,000.Financials
- Is TANGO HALLE profitable?
- In financial year 2025, TANGO HALLE made a profit of €266,393.
- Where can I find the annual accounts of TANGO HALLE?
- TANGO HALLE filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TANGO HALLE due?
- TANGO HALLE must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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