TAGOMAGO
ActiveSummary
The computed 12-month bankruptcy probability of TAGOMAGO is 1.8% (moderate). The 2025 annual accounts show equity of €376,576 and a net result of €26,617. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 69% of 18973 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability73▲+9
Solvency81▼-4
Growth58=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity ample (current ratio 3.41 against 4.44 in 2024; short-term debt: 25.3% and cash: 7.9% of total assets), and 44.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
55.9%
Return on assets
4%
Age of the figures
9 mo
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
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
21 d early
2023
33 d early
2022
19 d early
2021
31 d early
2020
90 d late
2019
228 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 31 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
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. Usually files around 10 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€376,576▲ 7.6%
2024 · €349,959
Total assets
€673,197▲ 15.4%
2024 · €583,110
Net result
€26,617▲ 251%
2024 · €7,573
Working capital
€411,734▲ 16.6%
2024 · €353,104
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€16,156€18,069▲ 11.8%€52,141▲ 189%€33,169▼ 36.4%€58,044▲ 75.0%
Net result€2,629within the sector's middle half-€655within the sector's middle half€26,183above the sector's middle half€7,573within the sector's middle half▼ 71.1%€26,617above the sector's middle half▲ 251%
Equity€316,858above the sector's middle half▼ 14.6%€316,203above the sector's middle half▼ 0.2%€342,386above the sector's middle half▲ 8.3%€349,959above the sector's middle half▲ 2.2%€376,576above the sector's middle half▲ 7.6%
Total assets€616,474above the sector's middle half▲ 1.6%€600,486above the sector's middle half▼ 2.6%€578,617above the sector's middle half▼ 3.6%€583,110above the sector's middle half▲ 0.8%€673,197above the sector's middle half▲ 15.4%
Debt€299,616▲ 27.0%€284,283▼ 5.1%€236,231▼ 16.9%€233,152▼ 1.3%€296,621▲ 27.2%
Working capital-€12,114below the sector's middle half▲ 33.4%€156,722above the sector's middle half€266,915above the sector's middle half▲ 70.3%€353,104above the sector's middle half▲ 32.3%€411,734above the sector's middle half▲ 16.6%
Solvency51.4%within the sector's middle half▼ 9.7pp52.7%within the sector's middle half▲ 1.3pp59.2%within the sector's middle half▲ 6.5pp60.0%within the sector's middle half▲ 0.8pp55.9%within the sector's middle half▼ 4.1pp
Current ratio0.96within the sector's middle half▲ 0.051.79within the sector's middle half▲ 0.832.77above the sector's middle half▲ 0.984.44above the sector's middle half▲ 1.683.41above the sector's middle half▼ 1.03
Return on assets (ROA)0.4%within the sector's middle half▲ 1.7pp-0.1%within the sector's middle half▼ 0.5pp4.5%within the sector's middle half▲ 4.6pp1.3%within the sector's middle half▼ 3.2pp4.0%within the sector's middle half▲ 2.7pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 75% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €673,197
Fixed assets
€90,969 ▼ 28.6%
Current assets
€582,228 ▲ 27.8%
Equity and liabilities €673,197
Equity
€376,576 ▲ 7.6%
Debt
€296,621 ▲ 27.2%
Debt's share of the balance-sheet total rises from 40.0% to 44.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€102,540▼
2024 · €104,230
Cash flow
€71,113▼
2024 · €78,634
Quick ratio
1.59▲
2024 · 1.29
Debt to equity
0.79▲
2024 · 0.67
ROE
7.1%▲
2024 · 2.2%
Interest coverage
5.93▲
2024 · 5.20
Debt ≤ 1 year
€170,494▲
2024 · €102,523
Debt > 1 year
€126,127▼
2024 · €130,629
Income taxes
€20,222▲
2024 · €7,726
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,048 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.4%
went bankrupt
3.6%
stopped otherwise
96%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,048 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €39,149 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €135,010 | €128,446 | €91,409 | €71,061 | €44,496 | ▼ 37.4% |
| Other operating charges640/8 | €13,990 | €10,514 | €1,758 | €4,078 | €2,011 | ▼ 50.7% |
| Gross operating margin9900 | €165,156 | €157,028 | €145,308 | €108,307 | €104,550 | ▼ 3.5% |
| Operating profit (loss)9901 | €16,156 | €18,069 | €52,141 | €33,169 | €58,044 | ▲ 75.0% |
| Financial income75/76B | €1,733 | €2,559 | €151 | €2,165 | €6,081 | ▲ 181% |
| Recurring financial income75 | €1,733 | €2,559 | €151 | €2,165 | €6,081 | ▲ 181% |
| Financial charges65/66B | €5,350 | €11,021 | €12,548 | €20,035 | €17,285 | ▼ 13.7% |
| Recurring financial charges65 | €5,350 | €11,021 | €12,548 | €20,035 | €17,285 | ▼ 13.7% |
| Profit (loss) for the period before taxes9903 | €12,540 | €9,607 | €39,743 | €15,298 | €46,840 | ▲ 206% |
| Income taxes67/77 | €9,910 | €10,262 | €13,560 | €7,726 | €20,222 | ▲ 162% |
| Profit (loss) for the period9904 | €2,629 | -€655 | €26,183 | €7,573 | €26,617 | ▲ 251% |
| Profit (loss) for the period to be appropriated9905 | €2,629 | -€655 | €26,183 | €7,573 | €26,617 | ▲ 251% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €616,474 | €600,486 | €578,617 | €583,110 | €673,197 | ▲ 15.4% |
| Fixed assets21/28 | €346,390 | €244,542 | €160,509 | €127,483 | €90,969 | ▼ 28.6% |
| Intangible fixed assets21 | €229,642 | €141,633 | €69,363 | €19,279 | €0 | ▼ 100.0% |
| Tangible fixed assets22/27 | €111,919 | €93,079 | €81,316 | €98,374 | €86,180 | ▼ 12.4% |
| Plant, machinery and equipment23 | €19,157 | €20,644 | €14,151 | €8,932 | €3,024 | ▼ 66.1% |
| Furniture and vehicles24 | €27,513 | €4,862 | €9,845 | €12,110 | €19,473 | ▲ 60.8% |
| Other tangible fixed assets26 | €65,249 | €67,572 | €57,321 | €77,332 | €63,682 | ▼ 17.7% |
| Financial fixed assets28 | €4,830 | €9,830 | €9,830 | €9,830 | €4,789 | ▼ 51.3% |
| Current assets29/58 | €270,083 | €355,944 | €418,108 | €455,628 | €582,228 | ▲ 27.8% |
| Stocks and contracts in progress3 | €139,293 | €198,410 | €312,111 | €323,511 | €310,522 | ▼ 4.0% |
| Stocks30/36 | €139,293 | €198,410 | €312,111 | €323,511 | €310,522 | ▼ 4.0% |
| Amounts receivable within one year40/41 | €130,033 | €139,174 | €64,105 | €119,064 | €214,336 | ▲ 80.0% |
| Trade receivables40 | €58,090 | €127,945 | €32,918 | €28,019 | €58,648 | ▲ 109% |
| Other amounts receivable41 | €71,943 | €11,229 | €31,187 | €91,045 | €155,689 | ▲ 71.0% |
| Cash at bank and in hand54/58 | €757 | €4,841 | €32,937 | €11,257 | €53,405 | ▲ 374% |
| Deferred charges and accrued income490/1 | - | €13,519 | €8,955 | €1,795 | €3,965 | ▲ 121% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €616,474 | €600,486 | €578,617 | €583,110 | €673,197 | ▲ 15.4% |
| Equity10/15 | €316,858 | €316,203 | €342,386 | €349,959 | €376,576 | ▲ 7.6% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €2,485 | €2,485 | €28,485 | €35,985 | €62,585 | ▲ 73.9% |
| Non-distributable reserves130/1 | €2,000 | €2,000 | €0 | - | - | - |
| Reserves not available under the articles1311 | €2,000 | €2,000 | €0 | - | - | - |
| Tax-exempt reserves132 | €485 | €485 | €485 | €485 | €485 | = |
| Distributable reserves133 | €0 | - | €28,000 | €35,500 | €62,100 | ▲ 74.9% |
| Profit (loss) carried forward14 | €294,372 | €293,718 | €293,901 | €293,973 | €293,991 | = |
| Amounts payable17/49 | €299,616 | €284,283 | €236,231 | €233,152 | €296,621 | ▲ 27.2% |
| Amounts payable after more than one year17 | €17,418 | €85,061 | €82,288 | €130,629 | €126,127 | ▼ 3.4% |
| Financial debts170/4 | €17,418 | €85,061 | €82,288 | €130,629 | €126,127 | ▼ 3.4% |
| Amounts payable within one year42/48 | €282,198 | €199,222 | €151,193 | €102,523 | €170,494 | ▲ 66.3% |
| Current portion of amounts payable after more than one year42 | €26,552 | €24,070 | €22,061 | €15,584 | €18,077 | ▲ 16.0% |
| Financial debts43 | €2,819 | €702 | €0 | - | - | - |
| Credit institutions430/8 | €2,819 | €702 | €0 | - | - | - |
| Trade debts44 | €70,152 | €50,803 | €66,256 | €6,812 | €51,114 | ▲ 650% |
| Suppliers440/4 | €70,152 | €50,803 | €66,256 | €6,812 | €51,114 | ▲ 650% |
| Advances received on contracts in progress46 | €10,000 | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | €66,619 | €31,861 | €2,066 | €17,163 | €47,366 | ▲ 176% |
| Taxes450/3 | €66,619 | €31,861 | €2,066 | €17,163 | €47,366 | ▲ 176% |
| Other amounts payable47/48 | €106,055 | €91,785 | €60,810 | €62,964 | €53,937 | ▼ 14.3% |
| Accrued charges and deferred income492/3 | - | - | €2,750 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,629 | -€655 | €26,183 | €7,573 | €26,617 | ▲ 251% |
| + Depreciation and write-downs630 | €135,010 | €128,446 | €91,409 | €71,061 | €44,496 | ▼ 37.4% |
| Operating cash flow (approximation) | €137,639 | €127,791 | €117,592 | €78,634 | €71,113 | ▼ 9.6% |
| Investment in fixed assets (approximation) | - | -€26,597 | -€7,376 | -€38,035 | -€7,982 | ▲ 79.0% |
| Change in cash | - | €4,084 | €28,096 | -€21,680 | €42,148 | ▲ 294% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €26,617 ▲251%
Operating result €58,044, net result €26,617, both a record.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €26,183
Net result €26,183 after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €2,629
Net result €2,629 after 3 loss-making years.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
16-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 228 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 311 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
No directors read yet: 0 of 6 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Schaarbeek · 3 establishment units since 2011
Ground area
534 m²
Building footprint
321 m²
Volume, LiDAR
4,691 m³
3 parcels, Brussels, Flanders · tallest building 26.0 m, ±6 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
3 establishment units
Authentic High End-Square Vergote
since 20112.204.216.221
TAGOMAGO
since 20122.216.435.746
Authentic High End-Sablon
since 20192.288.179.916
3 parcels
Flanders
1
(33.3%)
Brussels
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21911C0140/00K011 | Brussels | 249 m² | 1 · 127 m² | 26.0 m · 4 fl. |
| 21808H1732/00S000 | Brussels | 146 m² | 1 · 145 m² | 24.9 m · 6 fl. |
| 35013A0493/00E000 | Flanders | 138 m² | 1 · 49 m² | 13.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
EDUCORNER
BE 0807.597.254
Gent · Eq €375,750
Schellens Automatic Systems
BE 0440.406.625
Begijnendijk · Eq €377,418
SMART TEL
BE 0821.384.122
Anderlecht · Eq €373,413
EURO - TWICE
BE 0455.009.083
Heusden-Zolder · Eq €379,864
DATARECUPERATIE
BE 0436.125.559
Ieper · Eq €372,624
Of 3,222 companies in this sector we hold annual accounts for 1,809. 1,199 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded19-10-2011
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
62200Computer consultancy and computer facilities management
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
73300Public relations and communication consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0840414433
Also
9925:BE0840414433
Registered
11-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.