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ETS TASPINAR

Active
Private limited companyfounded 2008active for 18 yearsKroonveldstraat 21, 1020 Brussel, BelgiumKBO/BCE: BE 0807.233.901
Summary

ETS TASPINAR has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €461,382 and a net result of €20,461. Equity has been growing by about 16% per year since 2019. Its solvency ranks better than 43% of 2,445 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 20-10-2008 Normal situation
Activity
Demolition NACE 43110and 1 other
Establishment unit
2.174.148.496 1020 Brussel, since 01-11-2008
Financial year end
31 March
Peppol
Reachable

Financial position

70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts to 31-03-2025
Gross margin
€607,844
▼ 21.1%
Turnover
≈ €1.7m
estimated
Profit
€20,461
▼ 39.8%
Equity
€461,382
▲ 4.6%
Total assets
€1.2m
▼ 17.2%
Staff
12 FTE
▼ 14.3%
  • 2026 accounts not filed, 4 days past the deadline
Score breakdownraises riskFigures for financial year 2025 (filed on 10-11-2025)lowers riskLiquidity: current ratio 1.58, cash €194,172Founded in 2008Equity €461,382 (37.9% of total assets)Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 45% of small companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 63+8
equity 37.9% of total assets
Liquidity 40+12
short-term debt 57.4% · cash 15.9%
Profitability 71-1
return on assets 1.7%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,651 companies, NACE 43, small)
Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.5%▼ -0.1 percentage points vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.8%▲ +0.3 percentage points vs 09-2025 11-2025: 1.3%▲ +0.5 percentage points vs 10-2025highest value 12-2025: 0.2%▼ -1.1 percentage points vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026lowest value 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.5%▲ +0.2 percentage points vs 09-2026 11-2026: 0.6%▲ +0.1 percentage points vs 10-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.58 (1.41 in 2024), above the usual 1.5. Short-term debt is 57.4% and cash 15.9% of total assets. However, 62.1% of the assets are financed with debt and provisions.
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 43, small). It does better than 50% of them on solvency, 41% on liquidity, 43% on profitability and 47% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Figures for financial year 2025 (filed on 10-11-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.58, cash €194,172
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €461,382 (37.9% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 10 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 10-11-2025, 10 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
10 days late
2024
on the day
2023
2 days early
2022
2 days late
2021
24 days late
2020
9 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 7 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 7 profitable years in a rowprofit 2025: €20,461 7 years View

Recent changes

  1. · Gazette deed Amendment of the articles · Legal-form change · Resignations & appointments
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as ETS TASPINAR: demolition (NACE 43110). They are comparable in size and age: total assets between €960,000 and €2.1m, founded between 1998 and 2007.

CompanyTotal assetsGross margin
ETS TASPINAR Brussel€1.2m€0.6m
PETEAU Manage€1.3m€0.6m
TASPI Brussel€1.7m€0.7m
Grond- & afbraakwerken Vanderputten Geraardsbergen€1.9m€0.8m
ALGEMENE BOUWONDERNEMING DE SCHEPPER - VOET Maldegem€1.0m€0.9m
VAN GORP FRANS Lille€2.1m€0.9m
DE GREEF SPOORKRANEN Bornem€1.7m€1.0m
Full comparison

Key facts about ETS TASPINAR

What is the company number of ETS TASPINAR?
The company number of ETS TASPINAR is 0807.233.901. The VAT number is the same number with BE in front: BE 0807.233.901.
Where is ETS TASPINAR based?
The registered office is at Kroonveldstraat 21, 1020 Brussel.Company details
What does ETS TASPINAR do?
According to the KBO register, the main activity is demolition (NACE 43110).
What is the legal form of ETS TASPINAR?
The legal form of ETS TASPINAR is Private limited company (BV).
When was ETS TASPINAR founded?
ETS TASPINAR was founded on 20-10-2008.
Is ETS TASPINAR still active?
Yes, ETS TASPINAR is an active enterprise in the KBO register.
How many employees does ETS TASPINAR have?
ETS TASPINAR had an average of 12 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ETS TASPINAR?
The turnover in financial year 2025 is ≈ €1.7m. This figure is estimated from the gross margin of €607,844 and 145 comparable companies (NACE 43). It probably lies between €1.3m and €2.3m.
Is ETS TASPINAR profitable?
In financial year 2025, ETS TASPINAR made a profit of €20,461.
Where can I find the annual accounts of ETS TASPINAR?
ETS TASPINAR filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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