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Complete company report
Generated 20-07-2026
Active BE 0479.524.052Public limited company

TADA

Elsense Steenweg 16 ·1050 Elsene, Belgium· 23 yrs active
Sector: Non-specialised food retail (47110)
Conclusion Checked

The computed 12-month bankruptcy probability of TADA is 0.8% (low). The 2024 annual accounts show equity of €760k and a net result of €512k. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 85% of 858 sector peers (fiscal year 2024). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €760k
Net result €512k
Better than sector 85%
Active 23 yrs
Snowflake analysis 5 axes · computed by Checked
Health100Profitability100Solvency97Growth78Stability100
95 / 100

Exceptional profile, strong across almost every axis.

Health 100
Profitability 100
Solvency 97
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.8% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate region +Higher-failure-rate sector +Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Long-established
Founded in 2003, 23 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
100 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 30-06-2025 with the NBB · fiscal year 2024 · volledig
€0€200k€400k€600k€800kOperating result 2020: €322k€322kNet result 2020: €248k€248kOperating result 2021: €383k€383kNet result 2021: €279k€279kOperating result 2022: €720k€720kNet result 2022: €530k€530kOperating result 2023: €680k€680kNet result 2023: €491k€491kOperating result 2024: €721k€721kNet result 2024: €512k€512k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~8.3%/year over 7 fiscal years, indicative, assuming unchanged policy.
€400k€600k€800k€1.00M2025: €807k (€742k - €873k)2026: €854k (€749k - €959k)2027: €901k (€757k - €1.04M)2018: €480k2019: €563k2020: €490k2021: €498k2022: €743k2023: €696k2024: €760k2018201920202021202220232024202520262027
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).

Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 58.8% 17.5%
better than 85% of 858 sector peers
Net result €512k €14k
better than 95% of 859 sector peers
Equity €760k €101k
better than 87% of 860 sector peers
Gross operating margin €1.53M €213k
better than 94% of 787 sector peers
Staff costs €746k €219k
higher than 80% of 708 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€776k
-2.3% far above sector median
Net profit
€512k
+4.3% far above sector median
Cash flow
€566k
-6.5% far above sector median
Total assets
€1.29M
-1.5% far above sector median
Equity
€760k
+9.2% far above sector median
Working capital
€479k
+27.8% far above sector median
Employees (FTE)
15
-14.2% far above sector median
Staff costs
€746k
-2.5% far above sector median
Income taxes
€192k
+8.9% far above sector median
Dividends
€440k
-17.0% far above sector median
Debt
€527k
-13.5% far above sector median
Debt ≤ 1y
€496k
-13.1% far above sector median
Debt > 1y
€10k
-47.0% -84% vs sector
Current ratio
1.97
+18.7% +20% vs sector
Quick ratio
1.64
+19.1% +14% vs sector
Solvency
58.8%
+10.9% +29% vs sector
Debt / equity
0.69
-20.8% -45% vs sector
ROE
67.3%
-4.5% +91% vs sector
ROA
39.6%
+5.9% far above sector median
Interest coverage
12.18
-18.8% -5% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€776k
Net profit€512k
Cash flow€566k
Staff costs€746k
Income taxes€192k
Dividends€440k
Total assets€1.29M
Equity€760k
Debt€527k
of which ≤ 1y€496k
of which > 1y€10k
Working capital€479k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.97
Quick ratio1.64
Working capital ratio37.0%
Solvency58.8%
Debt / equity0.69
Long-term debt ratio0.01
Interest coverage12.18
Gross margin-
Net margin-
ROA39.6%
ROE67.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€1.29M
Fixed assets 21/28€319k
Tangible fixed assets 22/27€163k
Financial fixed assets 28€156k
Current assets 29/58€975k
Stocks & contracts in progress 3€164k
Amounts receivable within one year 40/41€480k
Investments 50/53€170k
Cash & bank 54/58€161k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.29M
Equity 10/15€760k
Contributions / capital 10/11€150k
Reserves 13€590k
Accumulated profits (losses) 14€2k
Provisions & deferred taxes 16€5k
Amounts payable 17/49€527k
Amounts payable after one year 17€10k
Amounts payable within one year 42/48€496k
Trade debts payable within one year 44€344k
Income statement
Gross operating margin 9900€1.53M
Operating result 9901€721k
Financial income 75€44k
Financial charges 65€64k
Result before taxes 9903€702k
Income taxes 67/77€192k
Net result for the period 9904€512k
Result to be appropriated 9905€512k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Non-specialised food retail(47110)
Legal form Public limited company(014)
Incorporation11-02-2003
StatusActive
Postal code1050
Establishment units 1 location
GB EXPRESS
Elsense Steenweg 16, 1050 ElseneSupermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)
since 20032.126.865.253
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21009A0767/00K000 Brussels 685 m² 1 · 608 m² 19.1 m · 4 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
30-06-2025
NBB filing Annual accounts filed
fiscal year 2024 · volledig
2024
23-06-2024
NBB filing Annual accounts filed
fiscal year 2023 · volledig
07-06-2024
State Gazette act Director changes
2023
29-06-2023
NBB filing Annual accounts filed
fiscal year 2022 · volledig
2022
22-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
2021
07-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
24-07-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
02-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
28-08-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
25-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
23-08-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 2 years ago
2024
07-06-2024 3 reappointed Director changes
  • HAZAN David, Commissaris
  • HAZAN Tania, Commissaris
  • NOVAX, Commissaris
Technical details 
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  "act_meta": {
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  "decisions": [
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  "co_filed_documents": [],
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Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)47114Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)52114
Primary activity highlighted.
Names & trade names
Legal nameFR TADA
Registered office
Elsense Steenweg 16
1050 Elsene, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative