TABRAD
ActiveTABRAD has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €300k and a net result of €68k. Equity is growing by ~21.9% per year across the filed fiscal years. Its solvency ranks better than 49% of 2273 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▲+4
Solvency65▲+8
Growth69▲+17
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity short (current ratio 1.0 against 1.38 in 2023; short-term debt: 57.9% and cash: 20.2% of total assets), and 60.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
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
39.9%
Return on assets
9.1%
Age of the figures
9 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 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2023
37 d early
2022
33 d early
2021
27 d early
2020
30 d late
2019
21 d late
2018
21 d early
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€411k▲ 13.8%
2021 · €361k
2018: €333k
2019: €199k
2021: €361k
2018 → 2022
EBIT margin
8.3%▲ 6.2pp
2021 · 2.1%
2018: 21.5%
2019: -33.0%
2021: 2.1%
2018 → 2022
Net result
€68k▲ 112%
2023 · €32k
2018: €54k
2019: €-66k
2020: €100k
2021: €10k
2022: €25k
2023: €32k
2018 → 2025
Working capital
€-2k
2023 · €99k
2018: €50k
2019: €-40k
2020: €66k
2021: €-20k
2022: €44k
2023: €99k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232025Trend
Turnover€361k€411k▲ 13.8%
Equity€108k-€118k▲ 8.9%€143k▲ 21.4%€175k▲ 22.4%€300k▲ 71.2%
Operating result€125k-€8k▼ 93.9%€34k▲ 346%€44k▲ 29.7%€89k▲ 103%
Net result€100k-€10k▼ 90.4%€25k▲ 162%€32k▲ 27.4%€68k▲ 112%
Result per fiscal year
Operating resultNet result
The operating result is €89k in 2025, compared with €44k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €753k
Fixed assets
€319k▲ 76.6%
Current assets
€434k▲ 20.6%
Equity and liabilities €753k
Equity
€300k▲ 71.2%
Debt
€453k▲ 24.0%
The debt ratio falls from 67.5% to 60.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€124k▲
2023 · €76k
Cash flow
€103k▲
2023 · €65k
Solvency
39.9%▲
2023 · 32.5%
Current ratio
1.00▼
2023 · 1.38
Quick ratio
1.00▼
2023 · 1.38
Debt / equity
1.51▼
2023 · 2.08
ROE
22.7%▲
2023 · 18.3%
ROA
9.1%▲
2023 · 5.9%
Interest coverage
87.85▲
2023 · 30.32
Debt
€453k▲
2023 · €365k
Debt ≤ 1 year
€436k▲
2023 · €261k
Debt > 1 year
€17k▼
2023 · €37k
Income taxes
€20k▲
2023 · €10k
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 2023
Balance sheet
Code20232025
Assets
Total assets20/58€540k€753k▲
Fixed assets21/28€180k€319k▲
Intangible fixed assets21-€73k
Tangible fixed assets22/27€180k€246k▲
Land and buildings22€138k€120k▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€3k€48k▲
Other tangible fixed assets26€34k€74k▲
Current assets29/58€360k€434k▲
Amounts receivable within one year40/41€263k€282k▲
Trade receivables40€260k€276k▲
Other amounts receivable41€2k€6k▲
Cash at bank and in hand54/58€97k€152k▲
Equity and liabilities
Total equity and liabilities10/49€540k€753k▲
Equity10/15€175k€300k▲
Contributions10/11€19k€19k=
Reserves13€109k€149k▲
Distributable reserves133€109k€149k▲
Profit (loss) carried forward14€48k€133k▲
Amounts payable17/49€365k€453k▲
Amounts payable after more than one year17€37k€17k▼
Financial debts170/4€37k€17k▼
Amounts payable within one year42/48€261k€436k▲
Current portion of amounts payable after more than one year42€10k€10k=
Trade debts44€219k€385k▲
Suppliers440/4€219k€385k▲
Taxes, remuneration and social security45€21k€29k▲
Taxes450/3€17k€26k▲
Remuneration and social security454/9€4k€3k▼
Other amounts payable47/48€12k€11k▼
Accrued charges and deferred income492/3€67k-
Income statement
Code20232025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€35k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€195k
Other operating charges640/8€2k€3k▲
Gross operating margin9900€78k€322k▲
Operating profit (loss)9901€44k€89k▲
Financial income75/76B€346€750▲
Recurring financial income75€346€750▲
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€42k€88k▲
Income taxes67/77€10k€20k▲
Profit (loss) for the period9904€32k€68k▲
Profit (loss) for the period to be appropriated9905€32k€68k▲
Appropriation of the result
Profit (loss) to be appropriated9906€58k€153k▲
Profit (loss) brought forward from the previous period14P€26k€85k▲
Transfer to equity691/2€10k€20k▲
To other reserves6921€10k€20k▲
The notes to these accounts (11 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €200kEq €300k ▲71.2%
5 profitable years in a row build equity to €300k.
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €150kEq €175k ▲22.4%
4 profitable years in a row build equity to €175k.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €100k
Net result €100k after one loss-making year.
31-12
Financial
Equity above €100kEq €108k ▲1149%
Equity rises from €9k to €108k.
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
31-12
Financial
Weakest financial yearnet €-66k ▼223%
Net result drops to €-66k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
08-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 39 days late
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, Sint-Agatha-Berchem · 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.
Hoogveldlaan 441082 Sint-Agatha-BerchemGround area
207 m²
Building footprint
74 m²
Volume, LiDAR
725 m³
Parcel 21342B0044/00G007, Brussels · tallest building 12.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
TABRAD
since 20102.190.770.635
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21342B0044/00G007 | Brussels | 207 m² | 1 · 74 m² | 12.0 m · 4 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.
Similar companies · same sector, comparable size
HEYFEVER
BE 0804.124.159
Antwerpen · Eq €300k
VINCENT SMEULDERS
BE 0889.268.977
Ukkel · Eq €300k
HEN-PACE
BE 0676.620.629
Lasne · Eq €300k
LIKE
BE 0694.974.811
Wemmel · Eq €300k
SHAPE Development
BE 0871.665.655
Gent · Eq €300k
Of 24,503 companies in sector 82990 we hold annual accounts for 9,402. 6,516 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-05-2010
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
82100Office administrative and support services
82190Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@tabrad.eu