Ets. TASSINON
ActiveEts. TASSINON has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.09M and a net result of €-183k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 84% of 5988 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability10▼-1
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 4.01 against 5.46 in 2023; short-term debt: 24.6% and cash: 1.6% of total assets), and 24.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
75.4%
Return on assets
-6.6%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-183k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-07-2025, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
22 d early
2023
37 d early
2022
19 d early
2021
4 d early
2020
1 d early
2019
51 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-183k▼ 4.0%
2023 · €-176k
2018: €-358k
2019: €-29k
2020: €88k
2021: €511k
2022: €-326k
2023: €-176k
2018 → 2024
Working capital
€2.05M▼ 8.9%
2023 · €2.25M
2018: €2.33M
2019: €2.28M
2020: €2.37M
2021: €2.77M
2022: €2.45M
2023: €2.25M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.37M-€2.77M▲ 16.9%€2.45M▼ 11.8%€2.27M▼ 7.2%€2.09M▼ 8.1%
Operating result€87k-€521k▲ 502%€-298k€-151k▲ 49.4%€-151k▼ 0.3%
Net result€88k-€511k▲ 483%€-326k€-176k▲ 45.9%€-183k▼ 4.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €151k in 2024 against €151k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.77M
Fixed assets
€37k▲ 86.2%
Current assets
€2.73M▼ 0.9%
Equity and liabilities €2.77M
Equity
€2.09M▼ 8.1%
Debt
€680k▲ 34.7%
The debt ratio rises from 18.2% to 24.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-143k▲
2023 · €-149k
Cash flow
€-176k▼
2023 · €-175k
Solvency
75.4%▼
2023 · 81.8%
Current ratio
4.01▼
2023 · 5.46
Quick ratio
1.66▼
2023 · 2.06
Debt / equity
0.33▲
2023 · 0.22
ROE
-8.8%▼
2023 · -7.8%
ROA
-6.6%▼
2023 · -6.4%
Interest coverage
-4.33▲
2023 · -5.36
Debt
€680k▲
2023 · €505k
Debt ≤ 1 year
€680k▲
2023 · €505k
Income taxes
€653▲
2023 · €636
Staff costs
€504k▼
2023 · €560k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.78M€2.77M▼
Fixed assets21/28€20k€37k▲
Intangible fixed assets21-€5k
Tangible fixed assets22/27€20k€31k▲
Plant, machinery and equipment23€20k€18k▼
Furniture and vehicles24-€14k
Current assets29/58€2.76M€2.73M▼
Stocks and contracts in progress3€1.72M€1.60M▼
Stocks30/36€1.72M€1.60M▼
Amounts receivable within one year40/41€1.01M€1.02M▲
Trade receivables40€1.01M€948k▼
Other amounts receivable41-€68k
Cash at bank and in hand54/58€26k€45k▲
Deferred charges and accrued income490/1€5k€71k▲
Equity and liabilities
Total equity and liabilities10/49€2.78M€2.77M▼
Equity10/15€2.27M€2.09M▼
Contributions10/11€1.04M€1.04M=
Reserves13€1.85M€1.05M▼
Distributable reserves133€1.85M€1.05M▼
Profit (loss) carried forward14€-617k€0▲
Amounts payable17/49€505k€680k▲
Amounts payable within one year42/48€505k€680k▲
Financial debts43€248k€506k▲
Credit institutions430/8€248k€506k▲
Trade debts44€89k€36k▼
Suppliers440/4€89k€36k▼
Taxes, remuneration and social security45€143k€139k▼
Taxes450/3€59k€68k▲
Remuneration and social security454/9€84k€71k▼
Other amounts payable47/48€24k€0▼
Accrued charges and deferred income492/3€56€0▼
Income statement
Code20232024
Non-recurring operating income76A-€20k
Remuneration, social security and pensions62€560k€504k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€8k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€95k€-27k▼
Other operating charges640/8€13k€15k▲
Non-recurring operating charges66A€10k€22k▲
Gross operating margin9900€530k€371k▼
Operating profit (loss)9901€-151k€-151k▼
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€28k€33k▲
Recurring financial charges65€28k€33k▲
Profit (loss) for the period before taxes9903€-176k€-183k▼
Income taxes67/77€636€653▲
Profit (loss) for the period9904€-176k€-183k▼
Profit (loss) for the period to be appropriated9905€-176k€-183k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-617k€-800k▼
Profit (loss) brought forward from the previous period14P€-441k€-617k▼
Transfer from equity791/2-€800k
Social balance
Average headcount (FTE)908712.211.0▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €511k ▲483%
Operating result €521k, net result €511k, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €88k
Net result €88k after 2 loss-making years.
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 8 days late
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
10-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lessines · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Zoning ouest(L) 97860 LessinesGround area
8,047 m²
Building footprint
3,619 m²
Volume, LiDAR
26,288 m³
Parcel 55023C0372/00F000, Wallonia · tallest building 13.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ets Tassinon
since 20082.166.922.491
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55023C0372/00F000 | Wallonia | 8,047 m² | 1 · 3,619 m² | 13.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
549300MVOD7ZOME08B57
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EANOX
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Of 503 companies in sector 46841 we hold annual accounts for 365. 273 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-12-2007
Fiscal year end31-12
Activities, NACEBEL
46494Wholesale of non-electrical household articles
46841Wholesale trade
47525Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.