TaaaS
ActiveSummary
TaaaS has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24,171 and a net result of €16,774. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 31% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▲+65
Solvency42▼-38
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.13 against 2.03 in 2024; short-term debt: 83.1% and cash: 62.5% of total assets), and 83.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
Wholesale trade (NACE 46)
about 21% more 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 2025Solvency, return and age of the figures
Solvency
16.8%
Return on assets
11.7%
Age of the figures
9 mo
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 24-07-2026, 7 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
7 d early
2024
34 d early
2023
33 d early
2022
28 d early
2021
18 d early
2020
24 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€24,171▼ 66.6%
2024 · €72,398
Total assets
€143,898▲ 8.4%
2024 · €132,804
Net result
€16,774
2024 · -€6,029
Working capital
€15,967▼ 74.2%
2024 · €61,929
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€76,386€53,592▼ 29.8%€26,814▼ 50.0%-€7,006€19,688
Net result€74,511€31,082▼ 58.3%€21,372▼ 31.2%-€6,029€16,774
Equity€75,973▲ 5,098%€107,055▲ 40.9%€78,427▼ 26.7%€72,398▼ 7.7%€24,171▼ 66.6%
Total assets€640,902▲ 503%€184,010▼ 71.3%€206,074▲ 12.0%€132,804▼ 35.6%€143,898▲ 8.4%
Debt€564,929▲ 439%€76,955▼ 86.4%€127,648▲ 65.9%€60,406▼ 52.7%€119,727▲ 98.2%
Working capital€38,309€75,146▲ 96.2%€57,478▼ 23.5%€61,929▲ 7.7%€15,967▼ 74.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €19,688 after a loss of €7,006 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €143,898
Fixed assets
€8,333 ▼ 20.4%
Current assets
€135,566 ▲ 10.8%
Equity and liabilities €143,898
Equity
€24,171 ▼ 66.6%
Debt
€119,727 ▲ 98.2%
Debt's share of the balance-sheet total rises from 45.5% to 83.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€30,353▲
2024 · €3,589
Cash flow
€27,439▲
2024 · €4,566
Current ratio
1.13▼
2024 · 2.03
Debt to equity
4.95▲
2024 · 0.83
ROE
69.4%▲
2024 · -8.3%
ROA
11.7%▲
2024 · -4.5%
Interest coverage
6.06▲
2024 · 0.55
Debt ≤ 1 year
€119,599▲
2024 · €60,406
Income taxes
€4,502▲
2024 · €128
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,746 | €10,294 | €10,846 | €10,595 | €10,666 | ▲ 0.7% |
| Other operating charges640/8 | €111 | €112 | €752 | €594 | €596 | ▲ 0.3% |
| Gross operating margin9900 | €88,242 | €63,998 | €38,413 | €4,183 | €30,950 | ▲ 640% |
| Operating profit (loss)9901 | €76,386 | €53,592 | €26,814 | -€7,006 | €19,688 | ▲ 381% |
| Financial income75/76B | €18,731 | €21,121 | €12,696 | €7,595 | €6,594 | ▼ 13.2% |
| Recurring financial income75 | €18,731 | €21,121 | €12,696 | €7,595 | €6,594 | ▼ 13.2% |
| Financial charges65/66B | €2,840 | €35,304 | €11,962 | €6,489 | €5,006 | ▼ 22.9% |
| Recurring financial charges65 | €2,840 | €35,304 | €11,962 | €6,489 | €5,006 | ▼ 22.9% |
| Profit (loss) for the period before taxes9903 | €92,276 | €39,409 | €27,549 | -€5,901 | €21,276 | ▲ 461% |
| Income taxes67/77 | €17,765 | €8,326 | €6,178 | €128 | €4,502 | ▲ 3,417% |
| Profit (loss) for the period9904 | €74,511 | €31,082 | €21,372 | -€6,029 | €16,774 | ▲ 378% |
| Profit (loss) for the period to be appropriated9905 | €74,511 | €31,082 | €21,372 | -€6,029 | €16,774 | ▲ 378% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €640,902 | €184,010 | €206,074 | €132,804 | €143,898 | ▲ 8.4% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €37,680 | €31,909 | €21,064 | €10,469 | €8,333 | ▼ 20.4% |
| Intangible fixed assets21 | €958 | €3,264 | €2,434 | €1,605 | €818 | ▼ 49.1% |
| Tangible fixed assets22/27 | €36,723 | €28,646 | €18,629 | €8,864 | €7,515 | ▼ 15.2% |
| Plant, machinery and equipment23 | €201 | €94 | €0 | - | €1,391 | - |
| Furniture and vehicles24 | €36,522 | €28,552 | €18,629 | €8,864 | €6,124 | ▼ 30.9% |
| Current assets29/58 | €603,222 | €152,101 | €185,011 | €122,335 | €135,566 | ▲ 10.8% |
| Stocks and contracts in progress3 | - | - | €3,502 | €0 | - | - |
| Stocks30/36 | - | - | €3,502 | €0 | - | - |
| Amounts receivable within one year40/41 | €526,588 | €13,240 | €4,392 | €15,549 | €25,979 | ▲ 67.1% |
| Trade receivables40 | €525,735 | €12,970 | €3,276 | €8,756 | €20,098 | ▲ 130% |
| Other amounts receivable41 | €853 | €270 | €1,117 | €6,792 | €5,881 | ▼ 13.4% |
| Cash at bank and in hand54/58 | €38,201 | €104,864 | €147,795 | €82,412 | €89,922 | ▲ 9.1% |
| Deferred charges and accrued income490/1 | €38,433 | €33,997 | €29,321 | €24,375 | €19,665 | ▼ 19.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €640,902 | €184,010 | €206,074 | €132,804 | €143,898 | ▲ 8.4% |
| Equity10/15 | €75,973 | €107,055 | €78,427 | €72,398 | €24,171 | ▼ 66.6% |
| Contributions10/11 | €7,000 | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Reserves13 | €68,973 | €100,055 | €71,427 | €65,398 | €17,171 | ▼ 73.7% |
| Distributable reserves133 | €68,973 | €100,055 | €71,427 | €65,398 | €17,171 | ▼ 73.7% |
| Profit (loss) carried forward14 | €0 | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €564,929 | €76,955 | €127,648 | €60,406 | €119,727 | ▲ 98.2% |
| Amounts payable within one year42/48 | €564,913 | €76,955 | €127,533 | €60,406 | €119,599 | ▲ 98.0% |
| Trade debts44 | €429,928 | €1,619 | €18,377 | €7,718 | €6,565 | ▼ 14.9% |
| Suppliers440/4 | €429,928 | €1,619 | €18,377 | €7,718 | €6,565 | ▼ 14.9% |
| Taxes, remuneration and social security45 | €29,769 | €31,483 | €12,977 | €4,200 | €4,143 | ▼ 1.4% |
| Taxes450/3 | €17,769 | €29,483 | €12,977 | €4,200 | €4,143 | ▼ 1.4% |
| Remuneration and social security454/9 | €12,000 | €2,000 | €0 | - | - | - |
| Other amounts payable47/48 | €105,216 | €43,853 | €96,179 | €48,488 | €108,892 | ▲ 125% |
| Accrued charges and deferred income492/3 | €16 | €0 | €115 | €0 | €128 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €74,511 | €31,082 | €21,372 | -€6,029 | €16,774 | ▲ 378% |
| + Depreciation and write-downs630 | €11,746 | €10,294 | €10,846 | €10,595 | €10,666 | ▲ 0.7% |
| Operating cash flow (approximation) | €86,257 | €41,376 | €32,217 | €4,566 | €27,439 | ▲ 501% |
| Investment in fixed assets (approximation) | - | -€4,523 | €0 | €0 | -€8,530 | - |
| Change in cash | - | €66,663 | €42,932 | -€65,384 | €7,510 | ▲ 111% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €16,774
Net result €16,774 after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€6,029
Net result drops to -€6,029, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100,000Eq €107,055 ▲40.9%
2 profitable years in a row build equity to €107,055.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €74,511
Net result €74,511 after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Kortrijk · 1 establishment unit since 2020
Ground area
443 m²
Building footprint
133 m²
Volume, LiDAR
991 m³
Parcel 34016C0911/00M000, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TaaaS
since 20202.308.149.246
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016C0911/00M000 | Flanders | 443 m² | 1 · 133 m² | 10.8 m · 3 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.
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Of 136 companies in sector 46641 we hold annual accounts for 86. 33 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
Founded02-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46641Wholesale trade
46649Wholesale of other machinery and equipment
Scores and ratios are computed by Checked and are not a credit decision.