TABO
ActiveSummary
TABO has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €604k and a net result of €3.08M. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 18% of 677 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency44▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.47 against 0.51 in 2024; short-term debt: 80.7% and cash: 37.4% of total assets), and 80.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← 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
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
19.3%
Return on assets
98.5%
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 18% of 677 sector peers (2025).
NBB · sector comparisonPosition among 677 sector peers
Solvency
better than 18%
← weakest
strongest →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
1 d late
2023
on the day
2022
on the day
2021
31 d early
2020
18 d early
2019
28 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3.08M▲ 35.3%
2024 · €2.28M
2018: €447klowest in 8 years
2019: €1.71M▲ +282% vs 2018
2020: €1.12M▼ -34.3% vs 2019
2021: €841k▼ -25.0% vs 2020
2022: €795k▼ -5.5% vs 2021
2023: €1.26M▲ +58.7% vs 2022
2024: €2.28M▲ +80.6% vs 2023
2025: €3.08M▲ +35.3% vs 2024highest in 8 years
2018 → 2025
Working capital
€-1.34M▲ 10.6%
2024 · €-1.50M
2018: €-1.02M
2019: €-1.33M▼ -30.6% vs 2018
2020: €-965k▲ +27.4% vs 2019
2021: €-850k▲ +11.8% vs 2020
2022: €-982k▼ -15.5% vs 2021
2023: €-648k▲ +34.0% vs 2022highest in 8 years
2024: €-1.50M▼ -132% vs 2023lowest in 8 years
2025: €-1.34M▲ +10.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.19M-€984k▼ 17.3%€1.25M▲ 26.6%€523k▼ 58.0%€604k▲ 15.5%
2021: €1.19M
2022: €984k▼ -17.3% vs 2021
2023: €1.25M▲ +26.6% vs 2022highest in 5 years
2024: €523k▼ -58.0% vs 2023lowest in 5 years
2025: €604k▲ +15.5% vs 2024
Operating result€440k-€958k▲ 118%€1.76M▲ 83.8%€484k▼ 72.5%€150k▼ 69.0%
2021: €440k
2022: €958k▲ +118% vs 2021
2023: €1.76M▲ +83.8% vs 2022highest in 5 years
2024: €484k▼ -72.5% vs 2023
2025: €150k▼ -69.0% vs 2024lowest in 5 years
Net result€841k-€795k▼ 5.5%€1.26M▲ 58.7%€2.28M▲ 80.6%€3.08M▲ 35.3%
2021: €841k
2022: €795k▼ -5.5% vs 2021lowest in 5 years
2023: €1.26M▲ +58.7% vs 2022
2024: €2.28M▲ +80.6% vs 2023
2025: €3.08M▲ +35.3% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 69% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.13M
Fixed assets
€1.95M ▼ 3.9%
Current assets
€1.18M ▼ 23.8%
Equity and liabilities €3.13M
Equity
€604k ▲ 15.5%
Debt
€2.52M ▼ 17.3%
Debt's share of the balance-sheet total falls from 85.4% to 80.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€229k▼
2024 · €568k
Cash flow
€3.16M▲
2024 · €2.36M
Current ratio
0.47▼
2024 · 0.51
Debt to equity
4.18▼
2024 · 5.83
ROE
509.8%▲
2024 · 435.3%
ROA
98.5%▲
2024 · 63.7%
Interest coverage
602.51▼
2024 · 1565.93
Debt ≤ 1 year
€2.52M▼
2024 · €3.05M
Income taxes
€65k▼
2024 · €186k
Staff costs
€34k▲
2024 · €34k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.58M€3.13M▼
Fixed assets21/28€2.03M€1.95M▼
Tangible fixed assets22/27€1.41M€1.34M▼
Land and buildings22€1.22M€1.18M▼
Furniture and vehicles24€193k€157k▼
Financial fixed assets28€612k€612k=
Current assets29/58€1.55M€1.18M▼
Amounts receivable within one year40/41-€12k
Other amounts receivable41-€12k
Cash at bank and in hand54/58€1.55M€1.17M▼
Equity and liabilities
Total equity and liabilities10/49€3.58M€3.13M▼
Equity10/15€523k€604k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€455k€536k▲
Amounts payable17/49€3.05M€2.52M▼
Amounts payable within one year42/48€3.05M€2.52M▼
Trade debts44€6k€5k▼
Suppliers440/4€6k€5k▼
Taxes, remuneration and social security45€902k€905k▲
Taxes450/3€902k€900k▼
Remuneration and social security454/9-€5k
Other amounts payable47/48€2.15M€1.61M▼
Income statement
Code20242025
Remuneration, social security and pensions62€34k€34k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€85k€79k▼
Other operating charges640/8€38k€7k▼
Gross operating margin9900€640k€271k▼
Operating profit (loss)9901€484k€150k▼
Financial income75/76B€1.98M€3.00M▲
Recurring financial income75€1.98M€3.00M▲
Financial charges65/66B€363€380▲
Recurring financial charges65€363€380▲
Profit (loss) for the period before taxes9903€2.46M€3.15M▲
Income taxes67/77€186k€65k▼
Profit (loss) for the period9904€2.28M€3.08M▲
Profit (loss) for the period to be appropriated9905€2.28M€3.08M▲
Appropriation of the result
Profit (loss) to be appropriated9906€3.46M€3.54M▲
Profit (loss) brought forward from the previous period14P€1.18M€455k▼
Profit to be distributed694/7€3.00M€3.00M=
Return on contributions (dividend)694€3.00M€3.00M=
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €8k | €31k | €31k | €34k | €34k | ▲ 0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €73k | €73k | €73k | €85k | €79k | ▼ 6.6% |
| Other operating charges640/8 | €6k | €10k | €11k | €38k | €7k | ▼ 80.5% |
| Gross operating margin9900 | €528k | €1.07M | €1.88M | €640k | €271k | ▼ 57.7% |
| Operating profit (loss)9901 | €440k | €958k | €1.76M | €484k | €150k | ▼ 69.0% |
| Financial income75/76B | €495k | - | €11k | €1.98M | €3.00M | ▲ 51.3% |
| Recurring financial income75 | €495k | - | €11k | €1.98M | €3.00M | ▲ 51.3% |
| Financial charges65/66B | €11k | €405 | €255 | €363 | €380 | ▲ 4.7% |
| Recurring financial charges65 | €11k | €405 | €255 | €363 | €380 | ▲ 4.7% |
| Profit (loss) for the period before taxes9903 | €924k | €958k | €1.77M | €2.46M | €3.15M | ▲ 27.7% |
| Income taxes67/77 | €83k | €163k | €510k | €186k | €65k | ▼ 64.8% |
| Profit (loss) for the period9904 | €841k | €795k | €1.26M | €2.28M | €3.08M | ▲ 35.3% |
| Profit (loss) for the period to be appropriated9905 | €841k | €795k | €1.26M | €2.28M | €3.08M | ▲ 35.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.28M | €2.22M | €2.40M | €3.58M | €3.13M | ▼ 12.5% |
| Fixed assets21/28 | €2.04M | €1.97M | €1.89M | €2.03M | €1.95M | ▼ 3.9% |
| Tangible fixed assets22/27 | €1.43M | €1.35M | €1.28M | €1.41M | €1.34M | ▼ 5.5% |
| Land and buildings22 | €1.34M | €1.30M | €1.26M | €1.22M | €1.18M | ▼ 3.4% |
| Furniture and vehicles24 | €82k | €51k | €19k | €193k | €157k | ▼ 19.0% |
| Financial fixed assets28 | €612k | €612k | €612k | €612k | €612k | = |
| Current assets29/58 | €239k | €250k | €503k | €1.55M | €1.18M | ▼ 23.8% |
| Amounts receivable within one year40/41 | - | - | €58k | - | €12k | - |
| Trade receivables40 | - | - | €58k | - | - | - |
| Other amounts receivable41 | - | - | - | - | €12k | - |
| Cash at bank and in hand54/58 | €164k | €250k | €445k | €1.55M | €1.17M | ▼ 24.5% |
| Deferred charges and accrued income490/1 | €75k | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.28M | €2.22M | €2.40M | €3.58M | €3.13M | ▼ 12.5% |
| Equity10/15 | €1.19M | €984k | €1.25M | €523k | €604k | ▲ 15.5% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €6k | €6k | €6k | €6k | €6k | = |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €1.12M | €916k | €1.18M | €455k | €536k | ▲ 17.8% |
| Amounts payable17/49 | €1.09M | €1.23M | €1.15M | €3.05M | €2.52M | ▼ 17.3% |
| Amounts payable within one year42/48 | €1.09M | €1.23M | €1.15M | €3.05M | €2.52M | ▼ 17.3% |
| Trade debts44 | - | €93k | - | €6k | €5k | ▼ 13.3% |
| Suppliers440/4 | - | €93k | - | €6k | €5k | ▼ 13.3% |
| Taxes, remuneration and social security45 | €241k | €304k | €307k | €902k | €905k | ▲ 0.4% |
| Taxes450/3 | €241k | €304k | €307k | €902k | €900k | ▼ 0.2% |
| Remuneration and social security454/9 | - | - | - | - | €5k | - |
| Other amounts payable47/48 | €849k | €836k | €845k | €2.15M | €1.61M | ▼ 24.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €841k | €795k | €1.26M | €2.28M | €3.08M | ▲ 35.3% |
| + Depreciation and write-downs630 | €73k | €73k | €73k | €85k | €79k | ▼ 6.6% |
| Operating cash flow (approximation) | €914k | €868k | €1.33M | €2.36M | €3.16M | ▲ 33.8% |
| Investment in fixed assets (approximation) | - | €2 | €0 | €-217k | €-688 | ▲ 99.7% |
| Change in cash | - | €85k | €195k | €1.10M | €-380k | ▼ 134% |
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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €3.08M ▲35.3%
Net result €3.08M, the highest in the series.
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 1 day late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €1MEq €1.25M ▲26.6%
6 profitable years in a row build equity to €1.25M.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €1MEq €1.15M ▲47.9%
3 profitable years in a row build equity to €1.15M.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €500kEq €776k ▲1,025%
2 profitable years in a row build equity to €776k.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
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.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Gent · 1 establishment unit since 2000
Ground area
1,028 m²
Building footprint
257 m²
Volume, LiDAR
2,182 m³
Parcel 44809I0519/00Z000, Flanders · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
De Pintelaan 298, 9000 Gent
since 20002.099.310.523
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0519/00Z000 | Flanders | 1,028 m² | 1 · 257 m² | 13.0 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 200 companies in sector 25220 we hold annual accounts for 175. 124 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded19-11-1999
Fiscal year end31-12
Activities, NACEBEL 2025
25220Manufacture of fabricated metal products, except machinery and equipment
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.