TACTICS
ActiveSummary
The annual accounts of TACTICS for fiscal year 2025 show a net loss of 70% of the equity at the start of that year. The 2025 annual accounts show equity of €7k and a net result of €-17k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 14% of 12738 sector peers (fiscal year 2025). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-38
Solvency36▼-26
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.38 against 1.59 in 2024; short-term debt: 42.1% and cash: 0% of total assets), but 89.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
10.6%
Return on assets
-25.3%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 12738 sector peers (2025).
NBB · sector comparisonPosition among 12738 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
60 d early
2023
27 d early
2022
52 d early
2021
23 d early
2020
80 d early
2019
41 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€7k▼ 70.5%
2024 · €24k
2018: €26khighest in 8 years
2019: €22k▼ -13.5% vs 2018
2020: €22k▼ -0.3% vs 2019
2021: €22k▼ -1.3% vs 2020
2022: €24k▲ +8.2% vs 2021
2023: €24k▲ +0.9% vs 2022
2024: €24k▲ +1.0% vs 2023
2025: €7k▼ -70.5% vs 2024lowest in 8 years
2018 → 2025
Total assets
€68k▲ 3.7%
2024 · €66k
2018: €73k
2019: €75k▲ +2.1% vs 2018
2020: €75k▲ +0.6% vs 2019highest in 8 years
2021: €67k▼ -11.2% vs 2020
2022: €65k▼ -2.5% vs 2021lowest in 8 years
2023: €65k▲ +0.7% vs 2022
2024: €66k▲ +0.2% vs 2023
2025: €68k▲ +3.7% vs 2024
2018 → 2025
Net result
€-17k
2024 · €251
2018: €2khighest in 8 years
2019: €-3k▼ -246% vs 2018
2020: €-62▲ +98.2% vs 2019
2021: €-364▼ -487% vs 2020
2022: €2k▲ +599% vs 2021
2023: €226▼ -87.6% vs 2022
2024: €251▲ +11.1% vs 2023
2025: €-17k▼ -6955% vs 2024lowest in 8 years
2018 → 2025
Working capital
€39k▲ 61.3%
2024 · €24k
2018: €26k
2019: €22k▼ -13.5% vs 2018
2020: €22k▼ -0.3% vs 2019
2021: €22k▼ -1.3% vs 2020lowest in 8 years
2022: €24k▲ +8.2% vs 2021
2023: €24k▲ +0.9% vs 2022
2024: €24k▲ +1.0% vs 2023
2025: €39k▲ +61.3% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€24k▲ 8.2%€24k▲ 0.9%€24k▲ 1.0%€7k▼ 70.5%
2021: €22k
2022: €24k▲ +8.2% vs 2021
2023: €24k▲ +0.9% vs 2022
2024: €24k▲ +1.0% vs 2023highest in 5 years
2025: €7k▼ -70.5% vs 2024lowest in 5 years
Operating result€-166-€2k€996▼ 49.8%€512▼ 48.6%€-17k
2021: €-166
2022: €2k▲ +1296% vs 2021highest in 5 years
2023: €996▼ -49.8% vs 2022
2024: €512▼ -48.6% vs 2023
2025: €-17k▼ -3461% vs 2024lowest in 5 years
Net result€-364-€2k€226▼ 87.6%€251▲ 11.1%€-17k
2021: €-364
2022: €2k▲ +599% vs 2021highest in 5 years
2023: €226▼ -87.6% vs 2022
2024: €251▲ +11.1% vs 2023
2025: €-17k▼ -6955% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €17k after €512 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €68k
Equity
€7k ▼ 70.5%
Provisions
€32k
Debt
€29k ▼ 30.5%
Debt's share of the balance-sheet total falls from 62.8% to 42.1%. Equity and debt are lower.
Key figures and ratios
Current ratio
2.38▲
2024 · 1.59
Debt to equity
3.97▲
2024 · 1.69
ROE
-238.8%▼
2024 · 1.0%
ROA
-25.3%▼
2024 · 0.4%
Debt ≤ 1 year
€29k▼
2024 · €41k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€66k€68k▲
Current assets29/58€66k€68k▲
Amounts receivable within one year40/41€65k€65k▼
Trade receivables40-€46
Other amounts receivable41€65k€65k▼
Current investments50/53€543€3k▲
Cash at bank and in hand54/58€39€25▼
Equity and liabilities
Total equity and liabilities10/49€66k€68k▲
Equity10/15€24k€7k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€4k€-13k▼
Provisions and deferred taxes16-€32k
Provisions for liabilities and charges160/5-€32k
Other liabilities and charges164/5-€32k
Amounts payable17/49€41k€29k▼
Amounts payable within one year42/48€41k€29k▼
Trade debts44€12k-
Suppliers440/4€12k-
Taxes, remuneration and social security45€105-
Taxes450/3€105-
Other amounts payable47/48€29k€29k=
Income statement
Code20242025
Provisions for liabilities and charges: additions (uses and reversals)635/8-€32k
Other operating charges640/8€384€387▲
Gross operating margin9900€896€15k▲
Operating profit (loss)9901€512€-17k▼
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B€156€1▼
Recurring financial charges65€156€1▼
Profit (loss) for the period before taxes9903€356€-17k▼
Income taxes67/77€105-
Profit (loss) for the period9904€251€-17k▼
Profit (loss) for the period to be appropriated9905€251€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€-13k▼
Profit (loss) brought forward from the previous period14P€4k€4k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | €0 | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €32k | - |
| Other operating charges640/8 | €7k | €527 | €348 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | €7k | €3k | €1k | €896 | €15k | ▲ 1,614% |
| Operating profit (loss)9901 | €-166 | €2k | €996 | €512 | €-17k | ▼ 3,461% |
| Financial income75/76B | €0 | - | - | - | €2 | - |
| Recurring financial income75 | €0 | - | - | - | €2 | - |
| Financial charges65/66B | €198 | €169 | €573 | €156 | €1 | ▼ 99.4% |
| Recurring financial charges65 | €198 | €169 | €573 | €156 | €1 | ▼ 99.4% |
| Profit (loss) for the period before taxes9903 | €-364 | €2k | €423 | €356 | €-17k | ▼ 4,933% |
| Income taxes67/77 | - | - | €197 | €105 | - | - |
| Profit (loss) for the period9904 | €-364 | €2k | €226 | €251 | €-17k | ▼ 6,955% |
| Profit (loss) for the period to be appropriated9905 | €-364 | €2k | €226 | €251 | €-17k | ▼ 6,955% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €67k | €65k | €65k | €66k | €68k | ▲ 3.7% |
| Tangible fixed assets22/27 | €0 | - | - | - | - | - |
| Current assets29/58 | €67k | €65k | €65k | €66k | €68k | ▲ 3.7% |
| Amounts receivable within one year40/41 | €67k | €65k | €65k | €65k | €65k | ▼ 0.5% |
| Trade receivables40 | €333 | - | - | - | €46 | - |
| Other amounts receivable41 | €66k | €65k | €65k | €65k | €65k | ▼ 0.6% |
| Current investments50/53 | - | - | - | €543 | €3k | ▲ 507% |
| Cash at bank and in hand54/58 | - | - | €386 | €39 | €25 | ▼ 35.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €67k | €65k | €65k | €66k | €68k | ▲ 3.7% |
| Equity10/15 | €22k | €24k | €24k | €24k | €7k | ▼ 70.5% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | €19k | €19k | €19k | €19k | €19k | = |
| Issued capital100 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €2k | €4k | €4k | €4k | €-13k | ▼ 430% |
| Provisions and deferred taxes16 | - | - | - | - | €32k | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €32k | - |
| Other liabilities and charges164/5 | - | - | - | - | €32k | - |
| Amounts payable17/49 | €45k | €41k | €41k | €41k | €29k | ▼ 30.5% |
| Amounts payable within one year42/48 | €45k | €41k | €41k | €41k | €29k | ▼ 30.5% |
| Financial debts43 | €93 | €20 | - | - | - | - |
| Credit institutions430/8 | €93 | €20 | - | - | - | - |
| Trade debts44 | €15k | €12k | €13k | €12k | - | - |
| Suppliers440/4 | €15k | €12k | €13k | €12k | - | - |
| Taxes, remuneration and social security45 | €431 | - | €79 | €105 | - | - |
| Taxes450/3 | €431 | - | €79 | €105 | - | - |
| Other amounts payable47/48 | €29k | €29k | €29k | €29k | €29k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-364 | €2k | €226 | €251 | €-17k | ▼ 6,955% |
| + Depreciation and write-downs630 | €0 | €0 | - | - | - | - |
| Operating cash flow (approximation) | €-364 | €2k | €226 | €251 | €-17k | ▼ 6,955% |
| Change in cash | - | - | - | €-347 | €-14 | ▲ 96.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series.
01-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €2k
Net result €2k after 3 loss-making years.
07-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
20-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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 2009
Ground area
359 m²
Building footprint
328 m²
Volume, LiDAR
4,294 m³
2 parcels, Brussels · tallest building 18.6 m, ±5 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Molièrelaan 339, 1180 Ukkel
since 20092.182.511.777
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21902A0435/00Y000 | Brussels | 209 m² | 1 · 210 m² | 18.6 m · 5 fl. |
| 21612C0001/00F030 | Brussels | 150 m² | 1 · 119 m² | 16.8 m · 4 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.
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Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 2,544 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded05-01-1995
Fiscal year end30-09
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Scores and ratios are computed by Checked and are not a credit decision.