Financials
- Fiscal year
- 2024
- Total assets
- €123,215
- Loss
- -€31,579
- Solvency
- -60.0%
Total assets▼ 12.9%
Net result
20182024
Taco Santo
ActiveSummary
The computed 12-month bankruptcy probability of Taco Santo is 8.4% (elevated). The 2024 annual accounts show negative equity (-€73,987) and a net result of -€31,579. Equity is shrinking by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 8% of 2961 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Full-service restaurants
NACE 56111Full-service restaurants NACE 56101
2 sites
Size
€123,215total assets 2024
- Staff
- 7.5 FTE
- Equity
- -€73,987
- Loss
- -€31,579
Turnover not published (abridged schema)
Structure
Accounts 67 d overdue0 of 5 deeds read
Why 31- Figures for FY 2024 (filed 29-08-2025)- Loss of €31,579, the second in a row (FY 2024)- Size: 7.5 FTE, total assets €123,215+ Liquidity: current ratio 0.34, cash €35,331Show the evidence
Checked score
Score 2024
31
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 17% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
0=
equity -60.0% of total assets
Liquidity
36-5
short-term debt 135.5% · cash 28.7%
Profitability
2+1
return on assets -25.6%
Bankruptcy probability, 12 months
8.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 5.1%
12-2024: 5.1%● 0.0% vs 11-2024
01-2025: 5.2%▲ +0.7% vs 12-2024
02-2025: 5.2%● 0.0% vs 01-2025
03-2025: 5.1%▼ -2.3% vs 02-2025
04-2025: 4.9%▼ -2.3% vs 03-2025
05-2025: 4.9%▼ -1.1% vs 04-2025
06-2025: 4.8%▼ -1.9% vs 05-2025lowest value
07-2025: 5.3%▲ +10.9% vs 06-2025
08-2025: 6.3%▲ +18.9% vs 07-2025
09-2025: 5.7%▼ -9.7% vs 08-2025
10-2025: 5.6%▼ -2.1% vs 09-2025
11-2025: 5.6%● 0.0% vs 10-2025
12-2025: 5.6%● 0.0% vs 11-2025
01-2026: 5.8%▲ +3.3% vs 12-2025
02-2026: 5.8%● 0.0% vs 01-2026
03-2026: 5.7%▼ -1.7% vs 02-2026
04-2026: 5.7%▲ +0.2% vs 03-2026
05-2026: 5.6%▼ -1.6% vs 04-2026
06-2026: 5.5%▼ -1.9% vs 05-2026
07-2026: 6.0%▲ +8.9% vs 06-2026
08-2026: 7.1%▲ +18.9% vs 07-2026
09-2026: 7.3%▲ +3.0% vs 08-2026
10-2026: 8.4%▲ +14.6% vs 09-2026highest value
- Figures for FY 2024 (filed 29-08-2025) raises the probability
- Loss of €31,579, the second in a row (FY 2024) raises the probability
- Liquidity: current ratio 0.34, cash €35,331 lowers the probability
- Size: 7.5 FTE, total assets €123,215 raises the probability for this profile
No credit on open account
Liquidity short (current ratio 0.34 against 0.42 in 2023; short-term debt: 135.5% and cash: 28.7% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 9%, liquidity 30%, profitability 18%, growth against the median 10%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€73,987
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
1 d early
2022
3 d early
2021
3 d early
2020
31 d late
2019
60 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 19 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · abbreviated…
- Annual accounts filedfiscal year 2023 · abbreviated…
- Annual accounts filedfiscal year 2022 · abbreviated…
Key points
By topic
Timeline
- Events
- 9
- Since
- 2019
- 29-08-2025Annual accounts filed
- 30-07-2024Annual accounts filed
- 28-07-2023Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Full-service restaurantsNACE 56111
- Founded
- 18-08-2017
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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