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MANGO TANGO

Active
Private limited companyfounded 20178 yrs activeJoos de ter Beerstlaan 20, 8740 Pittem, BelgiumKBO/BCE: BE 0684.487.131
Summary

MANGO TANGO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €898,830 and a net result of €162,585. Equity is growing by ~57% per year across the filed fiscal years. Its solvency ranks better than 51% of 8737 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability81▲+47
Solvency79▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days acceptable
Liquidity short (current ratio 0.96 against 1.75 in 2024; short-term debt: 19.2% and cash: 3.1% of total assets), and 46.5% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
53.5%
Return on assets
9.7%
Age of the figures
9 mo
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 · 8 filings
Deviation from the deadline
2025
31 d late
2024
14 d late
2023
27 d late
2022
34 d early
2021
17 d late
2020
25 d late
2019
26 d late
← 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 after the deadline; the sector median for financial year 2024 is 9 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.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 7 November 2017, MANGO TANGO was incorporated.1 Total assets went from EUR 73,829 in 2018 to EUR 1.7 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€898,830▲ 22.1%
2024 · €736,245
Total assets
€1.7m▲ 8.9%
2024 · €1.5m
Net result
€162,585▲ 865%
2024 · €16,842
Working capital
-€11,993
2024 · €226,133
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€299,940▲ 159%€120,627▼ 59.8%€200,235▲ 66.0%€86,462▼ 56.8%€239,140▲ 177%
Net result€235,797above the sector's middle half▲ 154%€89,309within the sector's middle half▼ 62.1%€530,009above the sector's middle half▲ 493%€16,842within the sector's middle half▼ 96.8%€162,585above the sector's middle half▲ 865%
Equity€399,310within the sector's middle half▲ 144%€352,394within the sector's middle half▼ 11.7%€882,403within the sector's middle half▲ 150%€736,245within the sector's middle half▼ 16.6%€898,830within the sector's middle half▲ 22.1%
Total assets€900,894within the sector's middle half▲ 81.8%€885,417within the sector's middle half▼ 1.7%€1.7mwithin the sector's middle half▲ 94.6%€1.5mwithin the sector's middle half▼ 10.5%€1.7mwithin the sector's middle half▲ 8.9%
Debt€501,584▲ 51.1%€533,024▲ 6.3%€840,516▲ 57.7%€805,779▼ 4.1%€781,008▼ 3.1%
Working capital€77,651▲ 276%€30,872▼ 60.2%€523,903▲ 1,597%€226,133▼ 56.8%-€11,993
Solvency44.3%within the sector's middle half▲ 11.3pp39.8%within the sector's middle half▼ 4.5pp51.2%within the sector's middle half▲ 11.4pp47.7%within the sector's middle half▼ 3.5pp53.5%within the sector's middle half▲ 5.8pp
Staff (FTE)0within the sector's middle half
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200,000€400,000€600,000Operating result 2021: €299,940€299,940Net result 2021: €235,797€235,797Operating result 2022: €120,627€120,627Net result 2022: €89,309€89,309Operating result 2023: €200,235€200,235Net result 2023: €530,009€530,009Operating result 2024: €86,462€86,462Net result 2024: €16,842€16,842Operating result 2025: €239,140€239,140Net result 2025: €162,585€162,58520212022202320242025€0€200,000€400,000€600,000Operating result 2023: €200,235€200,000Net result 2023: €530,009€530,000Operating result 2024: €86,462€86,500Net result 2024: €16,842€16,800Operating result 2025: €239,140€239,000Net result 2025: €162,585€163,000202320242025
The operating result recovers in 2025; 2025 is 177% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.7m
Fixed assets €1.4m ▲ 35.0%
Current assets €311,326 ▼ 41.1%
Equity and liabilities €1.7m
Equity €898,830 ▲ 22.1%
Debt €781,008 ▼ 3.1%
Debt's share of the balance-sheet total falls from 52.3% to 46.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€282,603▲
2024 · €119,387
Cash flow
€206,048▲
2024 · €49,767
Current ratio
0.96▼
2024 · 1.75
Debt to equity
0.87▼
2024 · 1.09
ROE
18.1%▲
2024 · 2.3%
ROA
9.7%▲
2024 · 1.1%
Interest coverage
8.70▲
2024 · 1.62
Debt ≤ 1 year
€323,319▲
2024 · €302,074
Debt > 1 year
€439,895▼
2024 · €490,131
Income taxes
€48,908▲
2024 · €16,136
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,776 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 97% are still going.

  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
2.6% stopped otherwise
97% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,776 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.5m€1.7m▲
Formation expenses20€0-
Fixed assets21/28€1.0m€1.4m▲
Tangible fixed assets22/27€1.0m€1.4m▲
Land and buildings22€987,628€1.3m▲
Plant, machinery and equipment23€15,455€13,459▼
Furniture and vehicles24€1,734€384▼
Financial fixed assets28€9,000€9,000=
Current assets29/58€528,207€311,326▼
Amounts receivable within one year40/41€32,189€7,645▼
Trade receivables40€0€1,950▲
Other amounts receivable41€32,189€5,695▼
Current investments50/53€440,000€250,000▼
Cash at bank and in hand54/58€54,758€52,337▼
Deferred charges and accrued income490/1€1,261€1,344▲
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.7m▲
Equity10/15€736,245€898,830▲
Contributions10/11€25,000€25,000=
Reserves13€711,245€873,830▲
Distributable reserves133€711,245€873,830▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€805,779€781,008▼
Amounts payable after more than one year17€490,131€439,895▼
Financial debts170/4€490,131€439,895▼
Amounts payable within one year42/48€302,074€323,319▲
Current portion of amounts payable after more than one year42€49,599€63,569▲
Trade debts44€905€386▼
Suppliers440/4€905€386▼
Taxes, remuneration and social security45€1,608€9,737▲
Taxes450/3€1,608€9,737▲
Other amounts payable47/48€249,963€249,627▼
Accrued charges and deferred income492/3€13,574€17,794▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32,926€43,463▲
Other operating charges640/8€2,822€3,307▲
Gross operating margin9900€122,209€285,910▲
Operating profit (loss)9901€86,462€239,140▲
Financial income75/76B€20,224€4,822▼
Recurring financial income75€20,224€4,822▼
Financial charges65/66B€73,707€32,469▼
Recurring financial charges65€73,707€32,469▼
Profit (loss) for the period before taxes9903€32,978€211,493▲
Income taxes67/77€16,136€48,908▲
Profit (loss) for the period9904€16,842€162,585▲
Profit (loss) for the period to be appropriated9905€16,842€162,585▲
Appropriation of the result
Profit (loss) to be appropriated9906€16,842€162,585▲
Transfer from equity791/2€163,000€0▼
Transfer to equity691/2€16,842€162,585▲
To other reserves6921€16,842€162,585▲
Profit to be distributed694/7€163,000€0▼
Return on contributions (dividend)694€163,000€0▼

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A--€0---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,430€28,916€38,468€32,926€43,463▲ 32.0%
Other operating charges640/8€1,712€2,816€1,861€2,822€3,307▲ 17.2%
Gross operating margin9900€335,081€152,360€240,564€122,209€285,910▲ 134%
Operating profit (loss)9901€299,940€120,627€200,235€86,462€239,140▲ 177%
Financial income75/76B€86€5€388,429€20,224€4,822▼ 76.2%
Recurring financial income75€86€5€388,429€20,224€4,822▼ 76.2%
Financial charges65/66B€4,013€7,229€16,850€73,707€32,469▼ 55.9%
Recurring financial charges65€4,013€7,229€16,850€73,707€32,469▼ 55.9%
Profit (loss) for the period before taxes9903€296,013€113,403€571,814€32,978€211,493▲ 541%
Income taxes67/77€60,216€24,094€41,805€16,136€48,908▲ 203%
Profit (loss) for the period9904€235,797€89,309€530,009€16,842€162,585▲ 865%
Profit (loss) for the period to be appropriated9905€235,797€89,309€530,009€16,842€162,585▲ 865%
Line20212022202320242025Change
Assets
Total assets20/58€900,894€885,417€1.7m€1.5m€1.7m▲ 8.9%
Formation expenses20--€761€0--
Fixed assets21/28€724,305€691,638€905,723€1.0m€1.4m▲ 35.0%
Tangible fixed assets22/27€647,805€615,138€820,223€1.0m€1.4m▲ 35.3%
Land and buildings22€636,669€609,743€813,254€987,628€1.3m▲ 36.3%
Plant, machinery and equipment23--€3,440€15,455€13,459▼ 12.9%
Furniture and vehicles24€11,137€5,395€3,529€1,734€384▼ 77.9%
Financial fixed assets28€76,500€76,500€85,500€9,000€9,000=
Current assets29/58€176,589€193,780€816,434€528,207€311,326▼ 41.1%
Amounts receivable within one year40/41€50,256€25,911€142,141€32,189€7,645▼ 76.3%
Trade receivables40--€112,766€0€1,950-
Other amounts receivable41€50,256€25,911€29,375€32,189€5,695▼ 82.3%
Current investments50/53--€600,000€440,000€250,000▼ 43.2%
Cash at bank and in hand54/58€126,332€166,703€73,092€54,758€52,337▼ 4.4%
Deferred charges and accrued income490/1-€1,165€1,202€1,261€1,344▲ 6.6%
Equity and liabilities
Total equity and liabilities10/49€900,894€885,417€1.7m€1.5m€1.7m▲ 8.9%
Equity10/15€399,310€352,394€882,403€736,245€898,830▲ 22.1%
Contributions10/11€25,000€25,000€25,000€25,000€25,000=
Reserves13€374,310€327,394€857,403€711,245€873,830▲ 22.9%
Non-distributable reserves130/1€2,287€2,287€0---
Reserves not available under the articles1311€2,287€2,287€0---
Distributable reserves133€372,023€325,107€857,403€711,245€873,830▲ 22.9%
Profit (loss) carried forward14-€0€0€0€0-
Amounts payable17/49€501,584€533,024€840,516€805,779€781,008▼ 3.1%
Amounts payable after more than one year17€402,646€368,364€539,730€490,131€439,895▼ 10.2%
Financial debts170/4€402,646€368,364€539,730€490,131€439,895▼ 10.2%
Amounts payable within one year42/48€98,938€162,907€292,532€302,074€323,319▲ 7.0%
Current portion of amounts payable after more than one year42€45,237€45,697€48,981€49,599€63,569▲ 28.2%
Trade debts44€904€2,035€113,565€905€386▼ 57.4%
Suppliers440/4€904€2,035€113,565€905€386▼ 57.4%
Taxes, remuneration and social security45€52,797€378€16,468€1,608€9,737▲ 505%
Taxes450/3€52,797€378€16,468€1,608€9,737▲ 505%
Other amounts payable47/48€0€114,797€113,517€249,963€249,627▼ 0.1%
Accrued charges and deferred income492/3€0€1,753€8,255€13,574€17,794▲ 31.1%
Line20212022202320242025Change
Profit (loss) for the period9904€235,797€89,309€530,009€16,842€162,585▲ 865%
+ Depreciation and write-downs630€33,430€28,916€38,468€32,926€43,463▲ 32.0%
Operating cash flow (approximation)€269,227€118,226€568,477€49,767€206,048▲ 314%
Investment in fixed assets (approximation)-€3,751-€252,553-€141,019-€398,159▼ 182%
Change in cash-€40,371-€93,611-€18,334-€2,421▲ 86.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
14-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 14 days late
2024
31-12
Financial Weakest financial yearnet €16,842 ▼96.8%
Net result drops to €16,842, the lowest in the series; recovery starts the following year.
27-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
31-12
Financial Highest result since 2018net €530,009 ▲493%
Net result €530,009, the highest in the series.
31-12
Financial Liquidity doublescurrent ratio 2.79
Current ratio from 1.19 to 2.79.
31-12
Financial Equity above €500,000Eq €882,403 ▲150%
6 profitable years in a row build equity to €882,403.
27-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 17 days late
2021
31-12
Financial Equity above €200,000Eq €399,310 ▲144%
4 profitable years in a row build equity to €399,310.
25-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
31-12
Financial Equity above €150,000Eq €163,513 ▲131%
3 profitable years in a row build equity to €163,513.
26-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 26 days late
2019
27-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Pittem · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
2,995 m²
Building footprint
242 m²
Volume, LiDAR
1,175 m³
Parcel 37011A1306/00H000, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MANGO TANGO
Joos de ter Beerstlaan 20, 8740 PittemActivities of head offices
since 20172.269.656.577
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37011A1306/00H000 Flanders 2,995 m² 1 · 242 m² 7.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of MANGO TANGO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

875500HB20VNVLON8H68
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. 29,033 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded07-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68110Buying and selling of own real estate
E-invoicing
Reachable via Peppol
Peppol ID 0208:0684487131
Also 9925:BE0684487131
Registered 06-11-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.