TAHIRY
ActiveSummary
TAHIRY has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €34k and a net result of €62k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 19% of 2437 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency40▼-60
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.01 against 4.49 in 2023; short-term debt: 85.1% and cash: 48.4% of total assets), and 85.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
14.9%
Return on assets
27.4%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 2437 sector peers (2024).
NBB · sector comparisonPosition among 2437 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
139 d late
2022
130 d late
2020
334 d late
2019
119 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€34k▼ 62.8%
2023 · €92k
2019: €43k
2020: €47k▲ +8.1% vs 2019
2022: €44k
2023: €92k▲ +109% vs 2022highest value
2024: €34k▼ -62.8% vs 2023lowest value
2019 → 2024
Total assets
€228k▲ 96.4%
2023 · €116k
2019: €67k
2020: €87k▲ +29.1% vs 2019
2022: €59klowest value
2023: €116k▲ +95.9% vs 2022
2024: €228k▲ +96.4% vs 2023highest value
2019 → 2024
Net result
€62k▲ 30.4%
2023 · €48k
2019: €37k
2020: €4k▼ -90.5% vs 2019
2022: €-11klowest value
2023: €48k▲ +534% vs 2022
2024: €62k▲ +30.4% vs 2023highest value
2019 → 2024
Working capital
€2k▼ 97.9%
2023 · €86k
2019: €5k
2020: €7k▲ +34.7% vs 2019
2022: €31k
2023: €86k▲ +172% vs 2022highest value
2024: €2k▼ -97.9% vs 2023lowest value
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202220232024Trend
Equity€43k-€47k▲ 8.1%€44k▼ 6.0%€92k▲ 109%€34k▼ 62.8%
2019: €43k
2020: €47k▲ +8.1% vs 2019
2022: €44k
2023: €92k▲ +109% vs 2022highest value
2024: €34k▼ -62.8% vs 2023lowest value
Operating result€47k-€6k▼ 87.0%€-12k€66k€100k▲ 51.7%
2019: €47k
2020: €6k▼ -87.0% vs 2019
2022: €-12klowest value
2023: €66k▲ +666% vs 2022
2024: €100k▲ +51.7% vs 2023highest value
Net result€37k-€4k▼ 90.5%€-11k€48k€62k▲ 30.4%
2019: €37k
2020: €4k▼ -90.5% vs 2019
2022: €-11klowest value
2023: €48k▲ +534% vs 2022
2024: €62k▲ +30.4% vs 2023highest value
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 52% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €228k
Fixed assets
€32k ▲ 443%
Current assets
€196k ▲ 77.7%
Equity and liabilities €228k
Equity
€34k ▼ 62.8%
Debt
€194k ▲ 691%
Debt's share of the balance-sheet total rises from 21.1% to 85.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€112k▲
2023 · €77k
Cash flow
€75k▲
2023 · €59k
Current ratio
1.01▼
2023 · 4.49
Debt to equity
5.69▲
2023 · 0.27
ROE
183.1%▲
2023 · 52.3%
ROA
27.4%▼
2023 · 41.2%
Interest coverage
172.46▼
2023 · 441.33
Debt ≤ 1 year
€194k▲
2023 · €25k
Income taxes
€38k▲
2023 · €18k
Staff costs
€28k▲
2023 · €3k
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 · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€116k€228k▲
Fixed assets21/28€6k€32k▲
Tangible fixed assets22/27€6k€32k▲
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€1k€30k▲
Current assets29/58€110k€196k▲
Amounts receivable within one year40/41€22k€85k▲
Trade receivables40€2k€27k▲
Other amounts receivable41€20k€58k▲
Cash at bank and in hand54/58€87k€110k▲
Deferred charges and accrued income490/1€1k€89▼
Equity and liabilities
Total equity and liabilities10/49€116k€228k▲
Equity10/15€92k€34k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€85k€28k▼
Amounts payable17/49€25k€194k▲
Amounts payable within one year42/48€25k€194k▲
Trade debts44€4k€11k▲
Suppliers440/4€4k€11k▲
Taxes, remuneration and social security45€20k€81k▲
Taxes450/3€20k€74k▲
Remuneration and social security454/9€824€7k▲
Other amounts payable47/48-€102k
Income statement
Code20232024
Remuneration, social security and pensions62€3k€28k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▲
Other operating charges640/8€4k€8k▲
Gross operating margin9900€84k€148k▲
Operating profit (loss)9901€66k€100k▲
Financial income75/76B€662€1k▲
Recurring financial income75€662€1k▲
Financial charges65/66B€175€649▲
Recurring financial charges65€175€649▲
Profit (loss) for the period before taxes9903€66k€100k▲
Income taxes67/77€18k€38k▲
Profit (loss) for the period9904€48k€62k▲
Profit (loss) for the period to be appropriated9905€48k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€85k€148k▲
Profit (loss) brought forward from the previous period14P€38k€85k▲
Profit to be distributed694/7-€120k
Return on contributions (dividend)694-€120k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €37k | €0 | €3k | €28k | ▲ 756% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €13k | €12k | €12k | €12k | ▲ 7.3% |
| Other operating charges640/8 | - | €7k | €3k | €4k | €8k | ▲ 135% |
| Gross operating margin9900 | €109k | €62k | €4k | €84k | €148k | ▲ 76.6% |
| Operating profit (loss)9901 | €47k | €6k | €-12k | €66k | €100k | ▲ 51.7% |
| Financial income75/76B | - | €1 | €984 | €662 | €1k | ▲ 70.7% |
| Recurring financial income75 | €1 | €1 | €984 | €662 | €1k | ▲ 70.7% |
| Financial charges65/66B | - | €422 | €267 | €175 | €649 | ▲ 271% |
| Recurring financial charges65 | €98 | €422 | €267 | €175 | €649 | ▲ 271% |
| Profit (loss) for the period before taxes9903 | €47k | €6k | €-11k | €66k | €100k | ▲ 51.3% |
| Income taxes67/77 | €11k | €2k | €168 | €18k | €38k | ▲ 106% |
| Profit (loss) for the period9904 | €37k | €4k | €-11k | €48k | €62k | ▲ 30.4% |
| Profit (loss) for the period to be appropriated9905 | €37k | €4k | €-11k | €48k | €62k | ▲ 30.4% |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €67k | €87k | €59k | €116k | €228k | ▲ 96.4% |
| Fixed assets21/28 | €38k | €39k | €12k | €6k | €32k | ▲ 443% |
| Tangible fixed assets22/27 | €38k | €39k | €12k | €6k | €32k | ▲ 443% |
| Plant, machinery and equipment23 | - | - | - | €4k | €3k | ▼ 38.6% |
| Furniture and vehicles24 | - | €39k | €12k | €1k | €30k | ▲ 1,928% |
| Financial fixed assets28 | €190 | €190 | €0 | - | - | - |
| Current assets29/58 | €30k | €47k | €47k | €110k | €196k | ▲ 77.7% |
| Amounts receivable within one year40/41 | €17k | €35k | €39k | €22k | €85k | ▲ 282% |
| Trade receivables40 | - | €21k | €24k | €2k | €27k | ▲ 1,003% |
| Other amounts receivable41 | - | €13k | €15k | €20k | €58k | ▲ 192% |
| Cash at bank and in hand54/58 | €12k | €13k | €8k | €87k | €110k | ▲ 27.1% |
| Deferred charges and accrued income490/1 | - | - | - | €1k | €89 | ▼ 91.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €67k | €87k | €59k | €116k | €228k | ▲ 96.4% |
| Equity10/15 | €43k | €47k | €44k | €92k | €34k | ▼ 62.8% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €37k | €40k | €38k | €85k | €28k | ▼ 67.3% |
| Amounts payable17/49 | €24k | €40k | €16k | €25k | €194k | ▲ 691% |
| Amounts payable within one year42/48 | €24k | €40k | €16k | €25k | €194k | ▲ 691% |
| Trade debts44 | €4k | €21k | €9k | €4k | €11k | ▲ 179% |
| Suppliers440/4 | - | €21k | €9k | €4k | €11k | ▲ 179% |
| Advances received on contracts in progress46 | - | - | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | €16k | €7k | €20k | €81k | ▲ 295% |
| Taxes450/3 | - | €13k | €7k | €20k | €74k | ▲ 277% |
| Remuneration and social security454/9 | - | €3k | €0 | €824 | €7k | ▲ 727% |
| Other amounts payable47/48 | - | €3k | - | - | €102k | - |
| Line | 2019 | 2020 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37k | €4k | €-11k | €48k | €62k | ▲ 30.4% |
| + Depreciation and write-downs630 | €11k | €13k | €12k | €12k | €12k | ▲ 7.3% |
| Operating cash flow (approximation) | €48k | €16k | €1k | €59k | €75k | ▲ 25.9% |
| Investment in fixed assets (approximation) | - | €-14k | - | €-5k | €-39k | ▼ 645% |
| Change in cash | - | €330 | - | €79k | €24k | ▼ 70.2% |
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Highest result since 2019net €62k ▲30.4%
Operating result €100k, net result €62k, both a record.
17-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 139 days late
2023
31-12
Financial
Back to profitnet €48k
Net result €48k after one loss-making year.
08-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 130 days late
2022
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 3.03
Current ratio from 1.18 to 3.03; short-term debt falls from €40k to €16k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 334 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Antwerpen · 1 establishment unit since 2018
Ground area
3,012 m²
Building footprint
369 m²
Volume, LiDAR
5,078 m³
Parcel 11810K1602/00R014, Flanders · tallest building 22.2 m, ±7 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
TAHIRY
since 20182.279.017.275
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1602/00R014 | Flanders | 3,012 m² | 1 · 369 m² | 22.2 m · 7 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.
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Of 3,463 companies in sector 25530 we hold annual accounts for 1,655. 910 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
43211General electrical installation work
Scores and ratios are computed by Checked and are not a credit decision.