Checked.be
Active
BE 0677.629.924Private limited company (pre-2019)
TAC IMMO
Amel,Heiderfeld 84 ·4770 Amel, Belgium· 9 yrs active
Sector: Renting and operating of own or leased residential real estate, excluding social housing
(68201)
Conclusion
TAC IMMO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50k and a net result of €9k. Equity is growing by ~40% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €50k |
| Net result | €9k |
| Active | 9 yrs |
| Locations | 1 |
Financial profile
72
/ 100
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Health
81
Profitability
90
Solvency
37
Growth
52
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2017, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
81
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€4k
estimate, not credit advice
Score history
33
2021
84
2022
89
2023
81
2024
81
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.58 (≥ 1.5)
+10
Quick ratio
Quick ratio 1.58 (≥ 1.0)
+5
Leverage
Debt/equity 4.17 (> 3.0)
-10
Profitability
ROE 18% (≥ 10%)
+10
Interest coverage
Interest coverage 6.9× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 12-12-2025 with the NBB · fiscal year 2025 · unclassified schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~40%/year over 5 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
€293
-97.6%
21-25
€20k
+7.6%
21-25
€9k
+55.0%
21-25
€22k
+17.0%
21-25
€260k
+5.8%
21-25
€50k
+22.0%
21-25
€55k
+19.7%
21-25
€63
-
21-25
€210k
+2.5%
21-25
€95k
+23.5%
21-25
€114k
-10.2%
21-25
1.58
-1.1%
21-25
1.58
-1.1%
21-25
19.4%
+15.3%
21-25
4.17
-16.0%
21-25
18.0%
+27.1%
21-25
3.5%
+46.6%
21-25
1997.3%
+972.8%
21-25
6282.6%
+2038.5%
21-25
6.93
+17.2%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | unclassified schema | unclassified schema | unclassified schema | unclassified schema | unclassified schema |
| Revenue | - | €293 | €12k | €12k | €12k |
| EBITDA | €20k | €18k | €35k | €36k | €19k |
| Net profit | €9k | €6k | €22k | €20k | €-57k |
| Cash flow | €22k | €19k | €35k | €35k | €-40k |
| Staff costs | - | - | - | - | - |
| Income taxes | €63 | - | - | - | - |
| Dividends | - | - | - | - | - |
| Total assets | €260k | €246k | €242k | €222k | €202k |
| Equity | €50k | €41k | €35k | €13k | €-7k |
| Debt | €210k | €204k | €206k | €209k | €208k |
| of which ≤ 1y | €95k | €77k | €66k | €57k | €43k |
| of which > 1y | €114k | €127k | €140k | €152k | €165k |
| Working capital | €55k | €46k | €40k | €13k | €-3k |
| Employees (FTE) | - | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.58 | 1.60 | 1.61 | 1.23 | 0.93 |
| Quick ratio | 1.58 | 1.60 | 1.61 | 1.23 | 0.93 |
| Working capital ratio | 21.2% | 18.7% | 16.7% | 5.9% | -1.5% |
| Solvency | 19.4% | 16.8% | 14.6% | 5.9% | -3.3% |
| Debt / equity | 4.17 | 4.96 | 5.83 | 16.01 | -24.87 |
| Long-term debt ratio | 2.27 | 3.08 | 3.95 | 11.67 | -24.87 |
| Interest coverage | 6.93 | 5.91 | 10.51 | 10.09 | - |
| Gross margin | - | -1080.3% | 89.6% | 33.3% | - |
| Net margin | - | 1997.3% | 186.2% | 164.1% | -471.9% |
| ROA | 3.5% | 2.4% | 9.2% | 8.9% | -28.1% |
| ROE | 18.0% | 14.2% | 63.1% | 150.7% | 855.0% |
| EBITDA margin | - | 6282.6% | 293.8% | 301.8% | 160.4% |
| Days sales outstanding | - | 56127d | 1312d | 807d | 1177d |
| Days payable outstanding | 694d | 0d | 0d | 0d | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €260k | €246k | €242k | €222k | €202k |
| Fixed assets | 21/28 | €109k | €122k | €135k | €152k | €161k |
| Tangible fixed assets | 22/27 | €109k | €122k | €135k | €152k | €161k |
| Current assets | 29/58 | €150k | €123k | €106k | €70k | €40k |
| Amounts receivable within one year | 40/41 | €148k | €122k | €103k | €69k | €39k |
| Cash & bank | 54/58 | €3k | €704 | €3k | €540 | €2k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €260k | €246k | €242k | €222k | €202k |
| Equity | 10/15 | €50k | €41k | €35k | €13k | €-7k |
| Contributions / capital | 10/11 | €50k | €50k | €50k | €50k | - |
| Accumulated profits (losses) | 14 | €307 | €-9k | €-15k | €-37k | €-57k |
| Amounts payable | 17/49 | €210k | €204k | €206k | €209k | €208k |
| Amounts payable after one year | 17 | €114k | €127k | €140k | €152k | €165k |
| Amounts payable within one year | 42/48 | €95k | €77k | €66k | €57k | €43k |
| Trade debts payable within one year | 44 | €6k | €0 | €0 | €0 | €0 |
| Income statement | ||||||
| Turnover | 70 | - | €293 | €12k | €12k | €12k |
| Gross operating margin | 9900 | €23k | €22k | €39k | €39k | €23k |
| Operating result | 9901 | €7k | €5k | €22k | €21k | €2k |
| Financial income | 75 | €5k | €4k | €4k | €2k | €2k |
| Financial charges | 65 | €3k | €3k | €3k | €4k | €4k |
| Result before taxes | 9903 | €9k | €6k | €22k | €20k | €302 |
| Income taxes | 67/77 | €63 | - | - | - | - |
| Net result for the period | 9904 | €9k | €6k | €22k | €20k | €302 |
| Result to be appropriated | 9905 | €9k | €6k | €22k | €20k | €302 |
Legal Structure
| NACE primary | Renting and operating of own or leased residential real estate, excluding social housing(68201) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 27-06-2017 |
| Status | Active |
| Postal code | 4770 |
Establishment units
TAC IMMO PGmbH
since 20172.266.121.423
Updates
Next filing, fiscal year 2026, expected by
2025
12-12
NBB filing
Annual accounts filed
fiscal year 2025 · unclassified schema
2024
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema
2023
04-12
NBB filing
Annual accounts filed
fiscal year 2023 · unclassified schema
30-06
Financial
Highest result since 2021net €22k ▲13.5%
Operating result €22k, net result €22k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema
2022
30-06
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
27-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
12-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Renting and operating of own or leased residential real estate, excluding social housing68201Manufacture of dining room, living room, bedroom and bathroom furniture31004Roofing work43410Real estate activities68202
Names & trade names
| Legal nameDE | TAC IMMO |
| Trade nameDE | TAC IMMO |
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