LE TARTARE
ActiveLE TARTARE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-12k) and a net result of €2k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 20% of 18173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▲+43
Solvency20▲+5
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.62 against 0.72 in 2024; short-term debt: 82.5% and cash: 10.4% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 · 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 2025Solvency, return and age of the figures
Solvency
-4.5%
Return on assets
0.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 18173 sector peers (2025).
NBB · sector comparisonPosition among 18173 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
266 d late
2023
5 d early
2022
5 d early
2021
108 d early
2020
67 d early
2019
78 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-12k▲ 15.1%
2024 · €-14k
2019: €41k
2020: €46k
2021: €54k
2022: €54k
2023: €54k
2024: €-14k
2019 → 2025
Total assets
€257k▲ 80.4%
2024 · €142k
2019: €94k
2020: €73k
2021: €62k
2022: €80k
2023: €75k
2024: €142k
2019 → 2025
Net result
€2k
2024 · €-68k
2019: €13k
2020: €15k
2021: €7k
2022: €374
2023: €156
2024: €-68k
2019 → 2025
Working capital
€-82k▼ 645%
2024 · €-11k
2019: €50k
2020: €33k
2021: €39k
2022: €44k
2023: €47k
2024: €-11k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€54k▲ 0.7%€54k▲ 0.3%€-14k€-12k▲ 15.1%
Operating result€11k-€728▼ 93.1%€842▲ 15.7%€-56k€-17k▲ 68.7%
Net result€7k-€374▼ 95.0%€156▼ 58.2%€-68k€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €17k in 2025 against €56k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €257k
Fixed assets
€126k▲ 10.6%
Current assets
€130k▲ 364%
Key figures and ratios
EBITDA
€19k▲
2024 · €-9k
Cash flow
€38k▲
2024 · €-22k
Solvency
-4.5%▲
2024 · -9.6%
Current ratio
0.62▼
2024 · 0.72
Quick ratio
0.49▲
2024 · 0.43
Debt / equity
-23.06▼
2024 · -11.39
ROA
0.8%▲
2024 · -47.8%
Interest coverage
2.75▲
2024 · -0.76
Debt
€269k▲
2024 · €156k
Debt ≤ 1 year
€212k▲
2024 · €39k
Debt > 1 year
€56k▼
2024 · €116k
Staff costs
€180k▼
2024 · €348k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€142k€257k▲
Fixed assets21/28€114k€126k▲
Intangible fixed assets21€110k€80k▼
Tangible fixed assets22/27€4k€47k▲
Plant, machinery and equipment23€2k€21k▲
Furniture and vehicles24€3k€26k▲
Current assets29/58€28k€130k▲
Stocks and contracts in progress3€12k€27k▲
Stocks30/36€12k€27k▲
Amounts receivable within one year40/41€63€77k▲
Trade receivables40-€77k
Other amounts receivable41€63-
Cash at bank and in hand54/58€17k€27k▲
Deferred charges and accrued income490/1€42-
Equity and liabilities
Total equity and liabilities10/49€142k€257k▲
Equity10/15€-14k€-12k▲
Contributions10/11€8k€8k=
Reserves13€9k€9k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€7k€7k=
Profit (loss) carried forward14€-30k€-28k▲
Amounts payable17/49€156k€269k▲
Amounts payable after more than one year17€116k€56k▼
Financial debts170/4€116k€56k▼
Amounts payable within one year42/48€39k€212k▲
Current portion of amounts payable after more than one year42-€30k
Financial debts43-€387
Credit institutions430/8-€387
Trade debts44€17k€120k▲
Suppliers440/4€17k€120k▲
Taxes, remuneration and social security45€3k€46k▲
Taxes450/3-€20k
Remuneration and social security454/9€3k€26k▲
Other amounts payable47/48€19k€15k▼
Accrued charges and deferred income492/3€1k-
Income statement
Code20242025
Remuneration, social security and pensions62€348k€180k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€36k▼
Other operating charges640/8€6k€2k▼
Gross operating margin9900€345k€200k▼
Operating profit (loss)9901€-56k€-17k▲
Financial income75/76B-€26k
Recurring financial income75-€26k
Financial charges65/66B€12k€7k▼
Recurring financial charges65€12k€7k▼
Profit (loss) for the period before taxes9903€-68k€2k▲
Income taxes67/77€36-
Profit (loss) for the period9904€-68k€2k▲
Profit (loss) for the period to be appropriated9905€-68k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-28k▲
Profit (loss) brought forward from the previous period14P€38k€-30k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
23-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 266 days late
2025
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
2024
31-12
Financial
Weakest financial yearnet €-68k ▼43636%
Net result drops to €-68k, the lowest in the series; recovery starts the following year.
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
15-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Liquidity doublescurrent ratio 5.70
Current ratio from 2.28 to 5.70; short-term debt falls from €25k to €8k.
2020
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Highest result since 2019net €15k ▲14%
Operating result €18k, net result €15k, both a record.
2019
14-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
16-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
16-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Estinnes · 1 establishment unit since 2023
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.
Rue Provinciale(VBR) 167120 EstinnesGround area
3,061 m²
Building footprint
77 m²
Parcel 56080A0395/00Y000, Wallonia. Linked by address, not a title deed.
1 establishment unit
LE PINCEMAILLE
since 20232.349.026.135
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56080A0395/00Y000 | Wallonia | 3,061 m² | 1 · 77 m² | - |
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
Food safety, FASFC
1 siteEstinnes2.349.026.135
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Of 3,043 companies in sector 47221 we hold annual accounts for 1,562. 1,329 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-02-2007
Fiscal year end31-12
Activities, NACEBEL
47221Retail sale of meat and meat products, excluding game and poultry
52220
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0484677525