TADA
ActiveSummary
TADA has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €808k and a net result of €460k. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 73% of 4157 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency83▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 1.89 against 1.97 in 2024; short-term debt: 40% and cash: 12.3% of total assets), and 41.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
58.4%
Return on assets
33.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
31 d early
2023
38 d early
2022
32 d early
2021
9 d early
2020
7 d late
2019
7 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€460k▼ 10.0%
2024 · €512k
2018: €299k
2019: €229k
2020: €234k
2021: €279k
2022: €530k
2023: €491k
2024: €512k
2018 → 2025
Working capital
€491k▲ 2.5%
2024 · €479k
2018: €410k
2019: €337k
2020: €208k
2021: €183k
2022: €431k
2023: €375k
2024: €479k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€498k-€743k▲ 49.3%€696k▼ 6.3%€760k▲ 9.2%€808k▲ 6.3%
Operating result€383k-€720k▲ 87.8%€680k▼ 5.6%€721k▲ 6.2%€643k▼ 10.9%
Net result€279k-€530k▲ 90.3%€491k▼ 7.5%€512k▲ 4.3%€460k▼ 10.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 11% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.38M
Fixed assets
€341k ▲ 6.9%
Current assets
€1.04M ▲ 7.2%
Equity and liabilities €1.38M
Equity
€808k ▲ 6.3%
Provisions
€3k ▼ 39.3%
Debt
€573k ▲ 8.7%
Debt's share of the balance-sheet total rises from 40.8% to 41.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€707k▼
2024 · €776k
Cash flow
€525k▼
2024 · €566k
Current ratio
1.89▼
2024 · 1.97
Quick ratio
1.59▼
2024 · 1.64
Debt to equity
0.71▲
2024 · 0.69
ROE
56.9%▼
2024 · 67.3%
ROA
33.2%▼
2024 · 39.6%
Interest coverage
8.70▼
2024 · 12.18
Debt ≤ 1 year
€553k▲
2024 · €496k
Income taxes
€159k▼
2024 · €192k
Staff costs
€732k▼
2024 · €746k
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 · 63 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.29M€1.38M▲
Fixed assets21/28€319k€341k▲
Tangible fixed assets22/27€163k€181k▲
Furniture and vehicles24€77k€87k▲
Other tangible fixed assets26€86k€94k▲
Financial fixed assets28€156k€159k▲
Current assets29/58€975k€1.04M▲
Stocks and contracts in progress3€164k€162k▼
Stocks30/36€164k€162k▼
Amounts receivable within one year40/41€480k€490k▲
Trade receivables40€183k€178k▼
Other amounts receivable41€297k€311k▲
Current investments50/53€170k€192k▲
Cash at bank and in hand54/58€161k€171k▲
Deferred charges and accrued income490/1-€30k
Equity and liabilities
Total equity and liabilities10/49€1.29M€1.38M▲
Equity10/15€760k€808k▲
Contributions10/11€150k€150k=
Outside capital11€150k€150k=
Other1109/19€150k€150k=
Reserves13€590k€185k▼
Non-distributable reserves130/1€15k€15k=
Reserves not available under the articles1311€15k€15k=
Distributable reserves133€575k€170k▼
Profit (loss) carried forward14€2k€462k▲
Investment grants15€18k€11k▼
Provisions and deferred taxes16€5k€3k▼
Deferred taxes168€5k€3k▼
Amounts payable17/49€527k€573k▲
Amounts payable after more than one year17€10k-
Financial debts170/4€10k-
Amounts payable within one year42/48€496k€553k▲
Financial debts43€63k€64k▲
Credit institutions430/8€63k€64k▲
Trade debts44€344k€402k▲
Suppliers440/4€344k€402k▲
Taxes, remuneration and social security45€88k€87k▼
Taxes450/3€2k-
Remuneration and social security454/9€86k€87k▲
Other amounts payable47/48€18-
Accrued charges and deferred income492/3€21k€20k▼
Income statement
Code20242025
Remuneration, social security and pensions62€746k€732k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€64k▲
Other operating charges640/8€8k€8k▼
Non-recurring operating charges66A€329€520▲
Gross operating margin9900€1.53M€1.45M▼
Operating profit (loss)9901€721k€643k▼
Financial income75/76B€44k€56k▲
Recurring financial income75€44k€56k▲
Financial charges65/66B€64k€81k▲
Recurring financial charges65€64k€81k▲
Profit (loss) for the period before taxes9903€702k€617k▼
Transfer from deferred taxes780€2k€2k=
Income taxes67/77€192k€159k▼
Profit (loss) for the period9904€512k€460k▼
Profit (loss) for the period to be appropriated9905€512k€460k▼
Appropriation of the result
Profit (loss) to be appropriated9906€527k€462k▼
Profit (loss) brought forward from the previous period14P€15k€2k▼
Transfer from equity791/2€440k-
Transfer to equity691/2€525k-
To other reserves6921€525k-
Profit to be distributed694/7€440k-
Return on contributions (dividend)694€440k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
23-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €530k ▲90.3%
Net result €530k, the highest in the series.
31-12
Financial
Equity above €500kEq €743k ▲49.3%
5 profitable years in a row build equity to €743k.
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 7 days late
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €229k ▼23.6%
Net result drops to €229k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €500kEq €563k ▲17.3%
2 profitable years in a row build equity to €563k.
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 2 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Elsene · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Elsense Steenweg 161050 ElseneGround area
685 m²
Building footprint
608 m²
Volume, LiDAR
8,206 m³
Parcel 21009A0767/00K000, Brussels · tallest building 19.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
GB EXPRESS
since 20032.126.865.253
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21009A0767/00K000 | Brussels | 685 m² | 1 · 608 m² | 19.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteElsene2.126.865.253
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Of 10,519 companies in sector 47110 we hold annual accounts for 5,857. 2,502 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded11-02-2003
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.