TAF GROUP

Active

Private limited companyfounded 20232 yrs activeRue de Tubize 128A, 1440 Braine-le-Château, BelgiumKBO/BCE: BE 1000.847.879

Summary

The computed 12-month bankruptcy probability of TAF GROUP is 10.0% (high). The 2024 annual accounts show equity of €3,978 and a net result of €3,978. Its solvency ranks better than 47% of 6718 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

TAF GROUPActiveChecked score 33/100

Risk analysis Report Compare

Activity

Freight transport by road

NACE 49410

Size

€8,536turnover 2024

Equity: €3,978
Profit: €3,978

Financial health

33 Weak Checked score 2024

Bankruptcy chance 12 m: 10.0%

Structure

Accounts filed 39 d late0 of 1 deed read

Why 33- Founded in 2023- No establishment unit in the KBO- 1 financial year not filed after the legal deadline; latest accounts 39 days late; 1 of the last 3 late- Sector Land transport and transport via pipelines (NACE 49)Show the evidence

Checked score

Score 2024

33 / 100

Weak

Probability in this band: 4.2% to 15.0%

Better than 51% of its sector peers (NACE 49, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength

Average

Solvency 60

equity 34.9% of total assets

Liquidity 16

short-term debt 65.1% · cash 0.7%

Profitability 100

return on assets 34.9%

Bankruptcy probability, 12 months

10.0% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 2.0% (8,980 companies)

Last 24 months 11-2024: 5.9%lowest value 12-2024: 6.0%▲ +2.3% vs 11-2024 01-2025: 6.6%▲ +9.6% vs 12-2024 02-2025: 6.8%▲ +3.3% vs 01-2025 03-2025: 7.4%▲ +8.9% vs 02-2025 04-2025: 7.4%● 0.0% vs 03-2025 05-2025: 8.1%▲ +8.8% vs 04-2025 06-2025: 8.0%▼ -0.4% vs 05-2025 07-2025: 7.8%▼ -2.7% vs 06-2025 08-2025: 7.8%▼ -0.2% vs 07-2025 09-2025: 8.5%▲ +8.5% vs 08-2025 10-2025: 8.1%▼ -3.9% vs 09-2025 11-2025: 8.2%▲ +1.1% vs 10-2025 12-2025: 8.2%● 0.0% vs 11-2025 01-2026: 8.4%▲ +1.6% vs 12-2025 02-2026: 8.4%● 0.0% vs 01-2026 03-2026: 8.4%▼ -0.2% vs 02-2026 04-2026: 8.5%▲ +2.0% vs 03-2026 05-2026: 8.6%▲ +0.4% vs 04-2026 06-2026: 8.4%▼ -1.8% vs 05-2026 07-2026: 8.5%▲ +1.6% vs 06-2026 08-2026: 9.2%▲ +8.1% vs 07-2026 09-2026: 9.3%▲ +1.0% vs 08-2026 10-2026: 10.0%▲ +7.6% vs 09-2026highest value

Founded in 2023 raises the probability for this profile
No establishment unit in the KBO raises the probability
1 financial year not filed after the legal deadline; latest accounts 39 days late; 1 of the last 3 late raises the probability
Sector Land transport and transport via pipelines (NACE 49) raises the probability

No publishable credit limit; credit only on tighter terms

Liquidity short (current ratio 0.32; short-term debt: 65.1% and cash: 0.7% of total assets), and 65.1% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 49, micro). Better than this share of them on solvency 47%, liquidity 14%, profitability 94%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Founded in 2023

In the bankruptcy model this factor raises the probability for this profile.

KBO

No establishment unit in the KBO

In the bankruptcy model this factor raises the probability.

KBO · seat and establishments

1 financial year not filed after the legal deadline; latest accounts 39 days late; 1 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Sector Land transport and transport via pipelines (NACE 49)

In the bankruptcy model this factor raises the probability.

KBO

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-09-2025, 39 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 1 filing

Deviation from the deadline

2024

39 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 39 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)

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