Skip to content

TACTIC

Active
Public limited companyfounded 1992active for 34 yearsGeneraal Wahislaan 16F, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0446.351.141
Summary

TACTIC has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €176,788 and a net result of €8,604. Equity is growing by about 3.6% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, full format

2025 annual accounts filed late (77 days) Filed on 16 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00563282.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€8,604▲ 8.2%
2024 · €7,954
Working capital
€190,921▲ 0.2%
2024 · €190,514
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 9% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€11,946 2025 Net result€8,604 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€23,658-€7,532€7,569▲ 0.5%€7,591▲ 0.3%€1,099▼ 85.5%€3,977▲ 262%€10,979▲ 176%€11,946▲ 8.8%
Net result-€23,970-€7,363€7,391▲ 0.4%€7,441▲ 0.7%€948▼ 87.3%€2,949▲ 211%€7,954▲ 170%€8,604▲ 8.2%
Equity€134,138-€141,501▲ 5.5%€148,892▲ 5.2%€156,334▲ 5.0%€157,281▲ 0.6%€160,230▲ 1.9%€168,184▲ 5.0%€176,788▲ 5.1%
Total assets€145,399-€153,070▲ 5.3%€224,094▲ 46.4%€345,965▲ 54.4%€258,551▼ 25.3%€185,914▼ 28.1%€202,000▲ 8.7%€201,751▼ 0.1%
Debt€11,261-€11,569▲ 2.7%€75,202▲ 550%€189,632▲ 152%€101,269▼ 46.6%€25,684▼ 74.6%€33,816▲ 31.7%€24,963▼ 26.2%
Working capital€145,249-€152,838▲ 5.2%€160,391▲ 4.9%€167,825▲ 4.6%€169,670▲ 1.1%€182,082▲ 7.3%€190,514▲ 4.6%€190,921▲ 0.2%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €201,751
Equity €176,788 ▲ 5.1%
Debt €24,963 ▼ 26.2%
Debt's share of the balance-sheet total falls from 16.7% to 12.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
18.63▲
2024 · 17.59
Debt to equity
0.14▼
2024 · 0.20
ROE
4.9%▲
2024 · 4.7%
ROA
4.3%▲
2024 · 3.9%
Debt ≤ 1 year
€10,830▼
2024 · €11,486
Income taxes
€3,017▲
2024 · €2,825
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,041 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.3% 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
94.3% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 17,041 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 · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€202,000€201,751▼
Current assets29/58€202,000€201,751▼
Amounts receivable within one year40/41€49,239€92,736▲
Trade receivables40€49,239€92,736▲
Cash at bank and in hand54/58€144,590€87,936▼
Deferred charges and accrued income490/1€8,171€21,079▲
Equity and liabilities
Total equity and liabilities10/49€202,000€201,751▼
Equity10/15€168,184€176,788▲
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€99,434€108,038▲
Amounts payable17/49€33,816€24,963▼
Amounts payable within one year42/48€11,486€10,830▼
Trade debts44€7,832€4,987▼
Suppliers440/4€7,832€4,987▼
Taxes, remuneration and social security45€3,654€5,843▲
Taxes450/3€3,654€5,843▲
Accrued charges and deferred income492/3€22,330€14,133▼
Income statement Code20242025
Non-recurring operating income76A€131-
Other operating charges640/8€387€400▲
Non-recurring operating charges66A€521-
Gross operating margin9900€11,887€12,346▲
Operating profit (loss)9901€10,979€11,946▲
Financial charges65/66B€200€325▲
Recurring financial charges65€200€325▲
Profit (loss) for the period before taxes9903€10,779€11,621▲
Income taxes67/77€2,825€3,017▲
Profit (loss) for the period9904€7,954€8,604▲
Profit (loss) for the period to be appropriated9905€7,954€8,604▲
Appropriation of the result
Profit (loss) to be appropriated9906€99,434€108,038▲
Profit (loss) brought forward from the previous period14P€91,480€99,434▲

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A-----€1,879€131--
Other operating charges640/8---€1,250€2,538€384€387€400▲ 3.4%
Non-recurring operating charges66A------€521--
Gross operating margin9900-€22,810€8,355€8,762€8,841€3,637€4,361€11,887€12,346▲ 3.9%
Operating profit (loss)9901-€23,658€7,532€7,569€7,591€1,099€3,977€10,979€11,946▲ 8.8%
Recurring financial income75€6--------
Financial charges65/66B---€150€151€199€200€325▲ 62.5%
Recurring financial charges65€146€169€177€150€151€199€200€325▲ 62.5%
Profit (loss) for the period before taxes9903-€23,797€7,363€7,391€7,441€948€3,778€10,779€11,621▲ 7.8%
Income taxes67/77€173----€829€2,825€3,017▲ 6.8%
Profit (loss) for the period9904-€23,970€7,363€7,391€7,441€948€2,949€7,954€8,604▲ 8.2%
Profit (loss) for the period to be appropriated9905-€23,970€7,363€7,391€7,441€948€2,949€7,954€8,604▲ 8.2%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€145,399€153,070€224,094€345,965€258,551€185,914€202,000€201,751▼ 0.1%
Current assets29/58€145,399€153,070€224,094€345,965€258,551€185,914€202,000€201,751▼ 0.1%
Amounts receivable within one year40/41€295€358€150,914€255,617€180,944€47,540€49,239€92,736▲ 88.3%
Trade receivables40---€255,617€180,944€47,540€49,239€92,736▲ 88.3%
Cash at bank and in hand54/58€128,942€136,087€56,225€73,176€59,261€118,360€144,590€87,936▼ 39.2%
Deferred charges and accrued income490/1---€17,173€18,346€20,014€8,171€21,079▲ 158%
Equity and liabilities
Total equity and liabilities10/49€145,399€153,070€224,094€345,965€258,551€185,914€202,000€201,751▼ 0.1%
Equity10/15€134,138€141,501€148,892€156,334€157,281€160,230€168,184€176,788▲ 5.1%
Contributions10/11€62,500€62,500€62,500€62,500€62,500€62,500€62,500€62,500=
Capital10---€62,500€62,500€62,500€62,500€62,500=
Issued capital100---€62,500€62,500€62,500€62,500€62,500=
Reserves13€6,250€6,250€6,250€6,250€6,250€6,250€6,250€6,250=
Non-distributable reserves130/1---€6,250€6,250€6,250€6,250€6,250=
Legal reserve130---€6,250€6,250€6,250€6,250€6,250=
Profit (loss) carried forward14€65,388€72,751€80,142€87,584€88,531€91,480€99,434€108,038▲ 8.7%
Amounts payable17/49€11,261€11,569€75,202€189,632€101,269€25,684€33,816€24,963▼ 26.2%
Amounts payable within one year42/48€150€232€63,703€178,140€88,880€3,832€11,486€10,830▼ 5.7%
Trade debts44€150€232€63,703€178,140€88,880€3,003€7,832€4,987▼ 36.3%
Suppliers440/4---€178,140€88,880€3,003€7,832€4,987▼ 36.3%
Taxes, remuneration and social security45-----€829€3,654€5,843▲ 59.9%
Taxes450/3-----€829€3,654€5,843▲ 59.9%
Accrued charges and deferred income492/3---€11,492€12,389€21,852€22,330€14,133▼ 36.7%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€23,970€7,363€7,391€7,441€948€2,949€7,954€8,604▲ 8.2%
Operating cash flow (approximation)-€23,970€7,363€7,391€7,441€948€2,949€7,954€8,604▲ 8.2%
Change in cash-€7,144-€79,862€16,951-€13,914€59,099€26,230-€56,654-

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

Download as CSV

Latest 10 of 33 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 16-10-2026 2026-00563282
31-12-2024 full format 31-07-2025 2025-00359271
31-12-2023 full format 26-07-2024 2024-00314330
31-12-2022 full format 13-10-2023 2023-00486714
31-12-2021 full format 22-12-2022 2022-20546011
31-12-2020 full format 30-09-2021 2021-69600028
31-12-2019 micro format 31-08-2020 2020-47000535
31-12-2018 micro format 29-08-2019 2019-54400465
31-12-2017 micro format 18-05-2018 2018-13100550
31-12-2016 full format 29-05-2017 2017-13300444

Show all 33 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.