TAFFAREL MANAGEMENT

Active

Private limited companyfounded 2008active for 18 yearsRue du Commerce 84, 5590 Ciney, BelgiumKBO/BCE: BE 0898.849.312

Summary

The computed 12-month bankruptcy probability of TAFFAREL MANAGEMENT is 2.8% (moderate). The 2024 annual accounts show equity of €53,479 and a net result of €21,563. Equity is growing by about 44% per year across the filed financial years. Its solvency ranks better than 16% of 3,535 sector peers (NACE 43, financial year 2024). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

TAFFAREL MANAGEMENTActiveChecked score 50/100

Risk analysis Report Compare

Activity

Installation of electric heating, air conditioning, cooling and ventilation

NACE 43222

1 site

Size

€370,841total assets 2024

Equity: €53,479
Profit: €21,563

Financial health

50 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 2.8%

Structure

2025 accounts not filed, 87 days past the deadline1 of 3 deeds summarised

Why 50raises riskFigures for financial year 2024 (filed 31-08-2025)Liquidity: current ratio 1.21, cash €1,3881 financial year not filed after the legal deadline; last filed accounts filed 30 days late; 2 of the last 3 latelowers riskSize: total assets €370,841Show the evidence

Checked score

Score 2024

50 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 28% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2022

Average

Solvency 39+9

equity 14.4% of total assets

Liquidity 37-13

short-term debt 31.6% · cash 0.4%

Profitability 72+30

return on assets 5.8%

Bankruptcy probability, 12 months

2.8% Moderate

0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,640 companies, NACE 43, micro)

Last 24 months 11-2024: 4.0% 12-2024: 4.7%▲ +0.7 percentage points vs 11-2024 01-2025: 7.7%▲ +3.0 percentage points vs 12-2024 02-2025: 7.7%● unchanged vs 01-2025 03-2025: 8.1%▲ +0.4 percentage points vs 02-2025 04-2025: 7.5%▼ -0.6 percentage points vs 03-2025 05-2025: 7.5%● unchanged vs 04-2025 06-2025: 7.5%● unchanged vs 05-2025 07-2025: 7.5%● unchanged vs 06-2025 08-2025: 9.3%▲ +1.8 percentage points vs 07-2025highest value 09-2025: 1.4%▼ -7.9 percentage points vs 08-2025 10-2025: 1.4%● unchanged vs 09-2025 11-2025: 1.4%● unchanged vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.4%● unchanged vs 03-2026 05-2026: 1.4%● unchanged vs 04-2026 06-2026: 1.3%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 2.0%▲ +0.7 percentage points vs 07-2026 09-2026: 2.3%▲ +0.3 percentage points vs 08-2026 10-2026: 2.8%▲ +0.5 percentage points vs 09-2026

Credit of up to €2,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity tight (current ratio 1.21, compared with 0.93 in 2022, below the usual 1.5; short-term debt: 31.6% and cash: 0.4% of total assets), and 85.6% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 17% on solvency, 25% on liquidity and 43% on profitability.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.

lowers riskraises risk

Figures for financial year 2024 (filed 31-08-2025)

NBB · annual accounts

Liquidity: current ratio 1.21, cash €1,388

NBB · annual accounts

Size: total assets €370,841

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

1 financial year not filed after the legal deadline; last filed accounts filed 30 days late; 2 of the last 3 late

NBB · filings

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 3535 sector peers (2024).

NBB · sector comparison

Position among 3535 sector peers

Solvency

better than 16%

← weakest strongest →

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.

NBB · 10 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline26-10-2026 today

2024 accounts filed 30 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

30 days late

2022

73 days late

2021

438 days late

2020

29 days early

2019

193 days late

2018

29 days late

← before the deadline after the deadline →

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

This company filed its last 6 accounts on average 122 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

30-08-2025 Annual accounts filedfinancial year 2024 · full…
31-12-2024 Highest result from 2018 to 2024net €21,563 ▲459%
21-11-2023 Amendment of the articles · Legal-form…Capital conversion · Board composition…

Key points

Caution: 2025 accounts not fileddeadline was 31-07-2026 87 days past the deadline View
Caution: Among the weakest 17% on solvencysector median 39.8% · 3,535 companies 14.4% View
Total assets 20246 financial years filed €370,841 View

By topic

Financials

Financial year: 2024
Total assets: €370,841
Profit: €21,563
Solvency: 14.4%

Total assets▼ 23.6%

Net result

20182024

Go to Financials

Timeline

Events: 19
Since: 2010

12-10-2023Annual accounts filed
12-10-2023Annual accounts filed
31-12-2021Back to profit

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded: 20-06-2008
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 25

Purpose: “Toutes opérations immobilières, agricoles et forestières et notamment, la vente, l’achat…” (deed in French)

Go to Articles of association

Key facts about TAFFAREL MANAGEMENT

What is the company number of TAFFAREL MANAGEMENT?: 0898.849.312. In Belgium the VAT number is the company number with BE in front: BE 0898.849.312.
Where is TAFFAREL MANAGEMENT based?: The registered office is at Rue du Commerce 84, 5590 Ciney.Company details
What does TAFFAREL MANAGEMENT do?: According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of TAFFAREL MANAGEMENT?: Private limited company (BV).
When was TAFFAREL MANAGEMENT founded?: On 20-06-2008.
Is TAFFAREL MANAGEMENT still active?: Yes, TAFFAREL MANAGEMENT is an active enterprise in the KBO register.
How many employees does TAFFAREL MANAGEMENT have?: On average 3.5 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of TAFFAREL MANAGEMENT?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is TAFFAREL MANAGEMENT profitable?: In financial year 2024, TAFFAREL MANAGEMENT made a profit of €21,563.
Where can I find the annual accounts of TAFFAREL MANAGEMENT?: TAFFAREL MANAGEMENT filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2024.