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LUC TACK

Active
Private limited companyfounded 195372 years activeGrote Molstenstraat 21, 8710 Wielsbeke, BelgiumKBO/BCE: BE 0405.171.275
Summary

LUC TACK has been active since 1953 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.6m and a net result of €3.5m. Equity is shrinking by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 94% of 189 sector peers (NACE 13, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Manufacture of textiles
NACE 13100Manufacture of textiles NACE 13921
#1 oldest company in Wielsbeke, Manufacturing sector2 sites
Size
€12.2mturnover 2025
Staff
20.8 FTE
Equity
€10.6m
Profit
€3.5m
Financial health
99 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.1%
Structure
Parent
HARMONY INDUSTRIES · 100%
Board
4 members
Holdings
1
Auditor: Bart RoobrouckAccounts 9 days early
Why 99+ Profit of €3.5m (FY 2025)+ Equity €10.6m (94.1% of total assets)+ Founded in 1953+ Size: turnover €12.2m, 20.8 FTE, total assets €11.3mShow the evidence

Checked score

Score 2025
99 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 91% of its sector peers (NACE 13, small)
Financial strength · tick = 2024
Strong
Solvency 100+13
equity 94.1% of total assets
Liquidity 59-4
short-term debt 5.9% · cash 6.9%
Profitability 100+95
return on assets 30.9%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (110 companies)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.8%▼ -0.1 percentage points vs 05-2025 07-2025: 1.0%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 0.6%▼ -0.4 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.3%▼ -0.3 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: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit up to €1,000,000 at 30 days acceptable
Liquidity ample (current ratio 11.82 against 11.67 in 2024; short-term debt: 5.9% and cash: 6.9% of total assets), and 5.9% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 13, small): better than 90% on solvency, 80% on liquidity, 100% on profitability and 96% on growth.

The bankruptcy probability was computed on 06-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk○neutral
lowers risk · Profit of €3.5m (FY 2025)
NBB · annual accounts
lowers risk · Equity €10.6m (94.1% of total assets)
NBB · annual accounts
lowers risk · Founded in 1953
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Size: turnover €12.2m, 20.8 FTE, total assets €11.3m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €10.6m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
9 days early
2024
16 days early
2023
16 days early
2022
21 days early
2021
20 days early
2020
18 days early
2019
7 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 15 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Appointments: Bart Roobrouck (statutory auditor) and…Resignation: Luc Tack (director) ·…
  3. Back to profitnet €3.5m

Key points

  • Positive: Turnover rose in 2025from €4.7m to €12.2m ▲ 158% View
  • Positive: Oldest company in Wielsbeke, Manufacturing sectorin the Checked rankings #1 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by HARMONY INDUSTRIESitself parent of 1 companies 100% View
  • Active since 1953founded 19-12-1953 72 years View
  • New directorlatest change 30-03-2026 · 4 in office 1 joined View

By topic

Financials

Fiscal year
2025
Turnover
€12.2m
Profit
€3.5m
Solvency
94.1%
Turnover▲ 158%
Net result
20182025
Go to Financials

Network & group

Subsidiaries
1
Connected companies
2
Mergers and contributions
1

1 subsidiary

Go to Network & group

Timeline

Events
34
Since
2006
Next accounts
by 31-07-2027
  1. 31-12-2025Equity above €10m
  2. 15-07-2025Annual accounts filed
  3. 24-04-2025Appointment: Kari HENDERSON (non-statutory director)
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Manufacture of textilesNACE 13100
Founded
19-12-1953
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
47
Who signs
Each director alone
Annual meeting
Second Friday of June at 14:00
Purpose
De fabricatie, de aankoop, de verkoop, de commissie, de consignatie, de vertegenwoordiging…
Go to Articles of association

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