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TACTIC

Active
Public limited companyfounded 199234 yrs activeGeneraal Wahislaan 16F, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0446.351.141
Summary

TACTIC has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €168,184 and a net result of €7,954. Equity is growing by ~3.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability47▲+6
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 17.59 against 48.52 in 2023; short-term debt: 5.7% and cash: 71.6% of total assets), and 16.7% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
on the day
2023
5 d early
2022
74 d late
2021
144 d late
2020
61 d late
2019
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 51 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

TACTIC was incorporated on 7 January 1992.1 Total assets rose from EUR 145,399 in 2018 to EUR 202,000 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€7,954▲ 170%
2023 · €2,949
Working capital
€190,514▲ 4.6%
2023 · €182,082
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
Line20202021202220232024
Operating result€7,569▲ 0.5%€7,591▲ 0.3%€1,099▼ 85.5%€3,977▲ 262%€10,979▲ 176%
Net result€7,391▲ 0.4%€7,441▲ 0.7%€948▼ 87.3%€2,949▲ 211%€7,954▲ 170%
Equity€148,892▲ 5.2%€156,334▲ 5.0%€157,281▲ 0.6%€160,230▲ 1.9%€168,184▲ 5.0%
Total assets€224,094▲ 46.4%€345,965▲ 54.4%€258,551▼ 25.3%€185,914▼ 28.1%€202,000▲ 8.7%
Debt€75,202▲ 550%€189,632▲ 152%€101,269▼ 46.6%€25,684▼ 74.6%€33,816▲ 31.7%
Working capital€160,391▲ 4.9%€167,825▲ 4.6%€169,670▲ 1.1%€182,082▲ 7.3%€190,514▲ 4.6%
Result per fiscal year
Operating resultNet result
€0€5,000€10,000Operating result 2020: €7,569€7,569Net result 2020: €7,391€7,391Operating result 2021: €7,591€7,591Net result 2021: €7,441€7,441Operating result 2022: €1,099€1,099Net result 2022: €948€948Operating result 2023: €3,977€3,977Net result 2023: €2,949€2,949Operating result 2024: €10,979€10,979Net result 2024: €7,954€7,95420202021202220232024€0€5,000€10,000Operating result 2022: €1,099€1,100Net result 2022: €948€948Operating result 2023: €3,977€3,980Net result 2023: €2,949€2,950Operating result 2024: €10,979€11,000Net result 2024: €7,954€7,950202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 176% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €202,000
Equity €168,184 ▲ 5.0%
Debt €33,816 ▲ 31.7%
Debt's share of the balance-sheet total rises from 13.8% to 16.7%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Current ratio
17.59▼
2023 · 48.52
Debt to equity
0.20▲
2023 · 0.16
ROE
4.7%▲
2023 · 1.8%
ROA
3.9%▲
2023 · 1.6%
Debt ≤ 1 year
€11,486▲
2023 · €3,832
Income taxes
€2,825▲
2023 · €829
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,027 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines
Balance sheet Code20232024
Assets
Total assets20/58€185,914€202,000▲
Current assets29/58€185,914€202,000▲
Amounts receivable within one year40/41€47,540€49,239▲
Trade receivables40€47,540€49,239▲
Cash at bank and in hand54/58€118,360€144,590▲
Deferred charges and accrued income490/1€20,014€8,171▼
Equity and liabilities
Total equity and liabilities10/49€185,914€202,000▲
Equity10/15€160,230€168,184▲
Contributions10/11€62,500€62,500=
Capital10€62,500€62,500=
Issued capital100€62,500€62,500=
Reserves13€6,250€6,250=
Non-distributable reserves130/1€6,250€6,250=
Legal reserve130€6,250€6,250=
Profit (loss) carried forward14€91,480€99,434▲
Amounts payable17/49€25,684€33,816▲
Amounts payable within one year42/48€3,832€11,486▲
Trade debts44€3,003€7,832▲
Suppliers440/4€3,003€7,832▲
Taxes, remuneration and social security45€829€3,654▲
Taxes450/3€829€3,654▲
Accrued charges and deferred income492/3€21,852€22,330▲
Income statement Code20232024
Non-recurring operating income76A€1,879€131▼
Other operating charges640/8€384€387▲
Non-recurring operating charges66A-€521
Gross operating margin9900€4,361€11,887▲
Operating profit (loss)9901€3,977€10,979▲
Financial charges65/66B€199€200▲
Recurring financial charges65€199€200▲
Profit (loss) for the period before taxes9903€3,778€10,779▲
Income taxes67/77€829€2,825▲
Profit (loss) for the period9904€2,949€7,954▲
Profit (loss) for the period to be appropriated9905€2,949€7,954▲
Appropriation of the result
Profit (loss) to be appropriated9906€91,480€99,434▲
Profit (loss) brought forward from the previous period14P€88,531€91,480▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A---€1,879€131▼ 93.0%
Other operating charges640/8-€1,250€2,538€384€387▲ 0.8%
Non-recurring operating charges66A----€521-
Gross operating margin9900€8,762€8,841€3,637€4,361€11,887▲ 173%
Operating profit (loss)9901€7,569€7,591€1,099€3,977€10,979▲ 176%
Financial charges65/66B-€150€151€199€200▲ 0.5%
Recurring financial charges65€177€150€151€199€200▲ 0.5%
Profit (loss) for the period before taxes9903€7,391€7,441€948€3,778€10,779▲ 185%
Income taxes67/77---€829€2,825▲ 241%
Profit (loss) for the period9904€7,391€7,441€948€2,949€7,954▲ 170%
Profit (loss) for the period to be appropriated9905€7,391€7,441€948€2,949€7,954▲ 170%
Line20202021202220232024Change
Assets
Total assets20/58€224,094€345,965€258,551€185,914€202,000▲ 8.7%
Current assets29/58€224,094€345,965€258,551€185,914€202,000▲ 8.7%
Amounts receivable within one year40/41€150,914€255,617€180,944€47,540€49,239▲ 3.6%
Trade receivables40-€255,617€180,944€47,540€49,239▲ 3.6%
Cash at bank and in hand54/58€56,225€73,176€59,261€118,360€144,590▲ 22.2%
Deferred charges and accrued income490/1-€17,173€18,346€20,014€8,171▼ 59.2%
Equity and liabilities
Total equity and liabilities10/49€224,094€345,965€258,551€185,914€202,000▲ 8.7%
Equity10/15€148,892€156,334€157,281€160,230€168,184▲ 5.0%
Contributions10/11€62,500€62,500€62,500€62,500€62,500=
Capital10-€62,500€62,500€62,500€62,500=
Issued capital100-€62,500€62,500€62,500€62,500=
Reserves13€6,250€6,250€6,250€6,250€6,250=
Non-distributable reserves130/1-€6,250€6,250€6,250€6,250=
Legal reserve130-€6,250€6,250€6,250€6,250=
Profit (loss) carried forward14€80,142€87,584€88,531€91,480€99,434▲ 8.7%
Amounts payable17/49€75,202€189,632€101,269€25,684€33,816▲ 31.7%
Amounts payable within one year42/48€63,703€178,140€88,880€3,832€11,486▲ 200%
Trade debts44€63,703€178,140€88,880€3,003€7,832▲ 161%
Suppliers440/4-€178,140€88,880€3,003€7,832▲ 161%
Taxes, remuneration and social security45---€829€3,654▲ 341%
Taxes450/3---€829€3,654▲ 341%
Accrued charges and deferred income492/3-€11,492€12,389€21,852€22,330▲ 2.2%
Line20202021202220232024Change
Profit (loss) for the period9904€7,391€7,441€948€2,949€7,954▲ 170%
Operating cash flow (approximation)€7,391€7,441€948€2,949€7,954▲ 170%
Change in cash-€16,951-€13,914€59,099€26,230▼ 55.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2018net €7,954 ▲170%
Operating result €10,979, net result €7,954, both a record.
26-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Liquidity times 17current ratio 48.52
Current ratio from 2.91 to 48.52; short-term debt falls from €88,880 to €3,832.
13-10
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 74 days late
2022
22-12
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 144 days late
2021
31-12
Financial Equity above €150,000Eq €156,334 ▲5%
3 profitable years in a row build equity to €156,334.
30-09
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 61 days late
2020
31-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial Back to profitnet €7,363
Net result €7,363 after one loss-making year.
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
18-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
29-05
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
28-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts

We know of 9 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
9 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, Schaarbeek · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
1.2 ha
Building footprint
3,171 m²
Volume, LiDAR
23,768 m³
2 parcels, Brussels · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
Alsembergsesteenweg 1012, 1180 Ukkel
NACE 70201
since 19922.056.554.012
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21904B0533/00K000 Brussels 1.2 ha 1 · 3,035 m² 11.8 m · 3 fl.
21614E0168/00Y006 Brussels 151 m² 1 · 137 m² 12.9 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

4 owners

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPublic limited company
Founded07-01-1992
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0446351141
Registered 20-11-2020

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.