TAGUSTECH
Bankruptcy closedInactive since 11-06-2026; last annual accounts for fiscal year 2020.
Summary
TAGUSTECH was declared bankrupt on 03-04-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 02-02-2026, published in the Belgian State Gazette on 12-06-2026.
Signals
1 signal.
+raises risk
Checked, nothing found (1)
History
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Financials · fiscal year 2020, micro schema
Equity
-€48,083▼ 78.1%
2019 · -€27,001
Total assets
€78,270▼ 23.6%
2019 · €102,425
Net result
-€21,082▲ 42.2%
2019 · -€36,477
Working capital
-€47,054▼ 63.3%
2019 · -€28,813
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result€7,384--€34,203-€18,762▲ 45.1%
Net result€3,135--€36,477-€21,082▲ 42.2%
Equity€9,476--€27,001-€48,083▼ 78.1%
Total assets€173,900-€102,425▼ 41.1%€78,270▼ 23.6%
Debt€164,424-€129,426▼ 21.3%€126,353▼ 2.4%
Working capital-€26,423--€28,813▼ 9.0%-€47,054▼ 63.3%
Staff (FTE)0.3-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18,762 in 2020 against €34,203 in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €78,270
Fixed assets
€39,747 ▼ 35.1%
Current assets
€38,523 ▼ 6.5%
Key figures and ratios
EBITDA
€4,493▲
2019 · -€11,505
Cash flow
€2,173▲
2019 · -€13,778
Solvency
-61.4%▼
2019 · -26.4%
Current ratio
0.45▼
2019 · 0.59
Debt to equity
-0.85▲
2019 · -2.20
ROA
-26.9%▲
2019 · -35.6%
Debt ≤ 1 year
€85,576▲
2019 · €70,018
Debt > 1 year
€40,776▼
2019 · €59,408
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,981 | €22,699 | €23,255 | ▲ 2.5% |
| Gross operating margin9900 | €52,241 | -€119 | €4,784 | ▲ 4,129% |
| Operating profit (loss)9901 | €7,384 | -€34,203 | -€18,762 | ▲ 45.1% |
| Recurring financial income75 | - | €2,741 | - | - |
| Recurring financial charges65 | €4,249 | €5,015 | €2,320 | ▼ 53.7% |
| Profit (loss) for the period before taxes9903 | €3,135 | -€36,477 | -€21,082 | ▲ 42.2% |
| Profit (loss) for the period9904 | €3,135 | -€36,477 | -€21,082 | ▲ 42.2% |
| Profit (loss) for the period to be appropriated9905 | €3,135 | -€36,477 | -€21,082 | ▲ 42.2% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €173,900 | €102,425 | €78,270 | ▼ 23.6% |
| Fixed assets21/28 | €140,051 | €61,221 | €39,747 | ▼ 35.1% |
| Tangible fixed assets22/27 | €136,451 | €56,021 | €34,547 | ▼ 38.3% |
| Financial fixed assets28 | €3,600 | €5,200 | €5,200 | = |
| Current assets29/58 | €33,850 | €41,204 | €38,523 | ▼ 6.5% |
| Amounts receivable within one year40/41 | €31,877 | €37,399 | €37,782 | ▲ 1.0% |
| Cash at bank and in hand54/58 | €111 | €155 | €155 | = |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €173,900 | €102,425 | €78,270 | ▼ 23.6% |
| Equity10/15 | €9,476 | -€27,001 | -€48,083 | ▼ 78.1% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€10,984 | -€47,461 | -€68,543 | ▼ 44.4% |
| Amounts payable17/49 | €164,424 | €129,426 | €126,353 | ▼ 2.4% |
| Amounts payable after more than one year17 | €103,126 | €59,408 | €40,776 | ▼ 31.4% |
| Amounts payable within one year42/48 | €60,273 | €70,018 | €85,576 | ▲ 22.2% |
| Trade debts44 | €11,123 | €34,212 | €58,707 | ▲ 71.6% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,135 | -€36,477 | -€21,082 | ▲ 42.2% |
| + Depreciation and write-downs630 | €32,981 | €22,699 | €23,255 | ▲ 2.5% |
| Operating cash flow (approximation) | €36,116 | -€13,778 | €2,173 | ▲ 116% |
| Investment in fixed assets (approximation) | - | €56,131 | -€1,782 | ▼ 103% |
| Change in cash | - | €44 | €0 | ▼ 100% |
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
2026
12-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · event 02-02-2026
2023
12-04
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 03-04-2023
2021
22-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 114 days late
17-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 474 days late
2019
31-12
Financial
Weakest financial yearnet -€36,477
Net result drops to -€36,477, the lowest in the series.
05-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 127 days late
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 86 days late
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
06-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
06-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Ukkel
Ground area
2.7 ha
Building footprint
743 m²
Volume, LiDAR
16,961 m³
Parcel 21612C0286/00W014, Brussels · tallest building 26.5 m, ±8 floors. Linked by address, not a title deed.
25
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0286/00W014 | Brussels | 2.7 ha | 1 · 743 m² | 26.5 m · 8 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Lise HEILPORN CHAUSSEE DE LA HULPE 150,
1170 WATERMAEL-BOITSFORT |
03-04-2023 → 02-02-2026 |
Recognitions · licences · registrations
Legal Entity Identifier
549300DWPF48W984EE72
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded04-04-2014
Fiscal year end31-12
Contact
Phone
0032474715916
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.