Stephan Tanghe
ActiveStephan Tanghe has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.37M and a net result of €144k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 60% of 8657 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-5
Solvency88▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity tight (current ratio 1.04 against 0.96 in 2024; short-term debt: 28% and cash: 1.5% of total assets), and 36.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 70
lower
← 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 2025Solvency, return and age of the figures
Solvency
63.2%
Return on assets
6.7%
Age of the figures
15 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
16 d early
2023
on the day
2022
on the day
2021
on the day
2020
39 d early
2019
14 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.37M▲ 6.0%
2024 · €1.29M
2019: €316k
2020: €721k
2021: €819k
2022: €1.04M
2023: €1.18M
2024: €1.29M
2019 → 2025
Total assets
€2.17M▼ 6.6%
2024 · €2.32M
2019: €1.50M
2020: €1.35M
2021: €1.54M
2022: €1.92M
2023: €2.09M
2024: €2.32M
2019 → 2025
Net result
€144k▼ 40.8%
2024 · €244k
2019: €67k
2020: €406k
2021: €166k
2022: €221k
2023: €172k
2024: €244k
2019 → 2025
Working capital
€22k
2024 · €-29k
2019: €-131k
2020: €-52k
2021: €-2k
2022: €-57k
2023: €15k
2024: €-29k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€819k-€1.04M▲ 27.0%€1.18M▲ 13.7%€1.29M▲ 9.4%€1.37M▲ 6.0%
Operating result€248k-€319k▲ 28.8%€233k▼ 27.0%€371k▲ 59.3%€236k▼ 36.4%
Net result€166k-€221k▲ 32.8%€172k▼ 22.0%€244k▲ 41.4%€144k▼ 40.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.17M
Fixed assets
€1.54M▼ 1.1%
Current assets
€628k▼ 17.6%
Equity and liabilities €2.17M
Equity
€1.37M▲ 6.0%
Debt
€797k▼ 22.4%
The debt ratio falls from 44.2% to 36.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€330k▼
2024 · €477k
Cash flow
€238k▼
2024 · €349k
Solvency
63.2%▲
2024 · 55.8%
Current ratio
1.04▲
2024 · 0.96
Quick ratio
0.14▼
2024 · 0.34
Debt / equity
0.58▼
2024 · 0.79
ROE
10.5%▼
2024 · 18.8%
ROA
6.7%▼
2024 · 10.5%
Interest coverage
10.50▼
2024 · 21.76
Debt
€797k▼
2024 · €1.03M
Debt ≤ 1 year
€606k▼
2024 · €791k
Debt > 1 year
€151k▼
2024 · €228k
Income taxes
€61k▼
2024 · €107k
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€2.32M€2.17M▼
Fixed assets21/28€1.56M€1.54M▼
Tangible fixed assets22/27€1.56M€1.54M▼
Land and buildings22€1.50M€1.50M▼
Furniture and vehicles24€53k€37k▼
Financial fixed assets28€800€1k▲
Current assets29/58€763k€628k▼
Amounts receivable after more than one year29€15k€10k▼
Other amounts receivable291€15k€10k▼
Stocks and contracts in progress3€493k€543k▲
Stocks30/36€493k€543k▲
Amounts receivable within one year40/41€41k€34k▼
Trade receivables40€24k€26k▲
Other amounts receivable41€17k€8k▼
Cash at bank and in hand54/58€209k€34k▼
Deferred charges and accrued income490/1€4k€8k▲
Equity and liabilities
Total equity and liabilities10/49€2.32M€2.17M▼
Equity10/15€1.29M€1.37M▲
Contributions10/11€11k€11k=
Reserves13€1.28M€1.36M▲
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Tax-exempt reserves132€63k€63k=
Distributable reserves133€1.21M€1.29M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.03M€797k▼
Amounts payable after more than one year17€228k€151k▼
Financial debts170/4€228k€151k▼
Amounts payable within one year42/48€791k€606k▼
Current portion of amounts payable after more than one year42€77k€77k=
Financial debts43-€17k
Credit institutions430/8-€17k
Trade debts44€19k€20k▲
Suppliers440/4€19k€20k▲
Taxes, remuneration and social security45€43k€26k▼
Taxes450/3€42k€24k▼
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€652k€466k▼
Accrued charges and deferred income492/3€7k€39k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€106k€94k▼
Other operating charges640/8€7k€12k▲
Gross operating margin9900€484k€342k▼
Operating profit (loss)9901€371k€236k▼
Financial income75/76B€2k€510▼
Recurring financial income75€2k€510▼
Financial charges65/66B€22k€31k▲
Recurring financial charges65€22k€31k▲
Profit (loss) for the period before taxes9903€351k€205k▼
Income taxes67/77€107k€61k▼
Profit (loss) for the period9904€244k€144k▼
Profit (loss) for the period to be appropriated9905€244k€144k▼
Appropriation of the result
Profit (loss) to be appropriated9906€244k€144k▼
Transfer from equity791/2€132k€67k▼
Transfer to equity691/2€244k€144k▼
To other reserves6921€244k€144k▼
Profit to be distributed694/7€132k€67k▼
Return on contributions (dividend)694€132k€67k▼
The notes to these accounts (22 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
15-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Equity above €1MEq €1.04M ▲27%
4 profitable years in a row build equity to €1.04M.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Highest result since 2019net €406k ▲502%
Operating result €600k, net result €406k, both a record.
30-06
Financial
Equity above €500kEq €721k ▲128%
2 profitable years in a row build equity to €721k.
17-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
10-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
12-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ieper · 1 establishment unit since 2010
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.
Augustijnenstraat 758900 IeperGround area
533 m²
Building footprint
114 m²
Volume, LiDAR
748 m³
Parcel 33303E0239/00Y003, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Stephan Tanghe
since 20102.191.337.292
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33303E0239/00Y003 | Flanders | 533 m² | 1 · 114 m² | 8.7 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.
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 24,384 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-09-2010
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.