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Taipro Engineering

Active
Public limited companyfounded 2009active for 17 yearsRue des Ormes 151, 4800 Verviers, BelgiumKBO/BCE: BE 0809.813.606
Summary

Taipro Engineering has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €95,105. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 45% of 172 sector peers (NACE 26, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Manufacture of computer, electronic and optical products
NACE 26110Manufacture of metal structures and parts of structures NACE 25110
1 site
Size
≈ €1.8mturnover 2025, estimated
Staff
8.2 FTE
Equity
€1.6m
Profit
€95,105
Turnover estimated from the gross margin
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Largest shareholder
MANITECH · 36.16%
Holdings
1
2025 accounts 29 days early1 of 7 deeds summarised
Why 94lowers riskLiquidity: current ratio 6.34, cash €576,586Figures for financial year 2025 (filed 02-07-2026)Equity €1.6m (46.2% of total assets)Founded in 2009Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 55% of its sector peers (NACE 26, micro)
Financial strength · tick = 2024
Strong
Solvency 71+3
equity 46.2% of total assets
Liquidity 70+8
short-term debt 8.9% · cash 16.4%
Profitability 72+5
return on assets 2.7%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (447 companies, NACE 26, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026highest value 08-2026: < 0.1%▼ -0.2 percentage points vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €150,000 on 30-day terms is acceptable
Liquidity ample (current ratio 6.34, compared with 7.73 in 2024, above the usual 1.5; short-term debt: 8.9% and cash: 16.4% of total assets), but 53.8% 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 26, micro): better than 47% on solvency, 66% on liquidity, 53% on profitability and 55% on growth.

The bankruptcy probability was computed on 28-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 6.34, cash €576,586
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 02-07-2026)
NBB · annual accounts
lowers risk · Equity €1.6m (46.2% of total assets)
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 days early
2024
20 days late
2023
42 days early
2022
38 days early
2021
23 days early
2020
100 days early
2019
42 days 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 24 days before the deadline; the sector median (NACE 26) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Back to profitnet €95,105
  3. Annual accounts filedfinancial year 2024 · full…

Financials · financial year 2025, full format

Turnover
€643,122
EBIT margin
15.9%
Net result
€95,105
2024 · -€51,284
Working capital
€1.7m▼ 3.5%
2024 · €1.7m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result returns to profit in 2025: €83,263 after a loss of €73,643 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.08m 2025 Net result€0.1m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 26, Manufacture of computer, electronic and optical products: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€0.6m-
Operating result€0.1m-€0.1m▲ 29.5%€0.1m▲ 11.6%€0.2m▲ 19.5%€0.1m▼ 29.3%€0.4m▲ 199%-€0.07m€0.08m
Net result€0.1m-€0.1m▲ 36.4%€0.1mwithin the sector's middle half▲ 13.0%€0.2mwithin the sector's middle half▲ 9.4%€0.1mwithin the sector's middle half▼ 13.8%€0.4mwithin the sector's middle half▲ 174%-€0.05mbelow the sector's middle half€0.1mwithin the sector's middle half
EBIT margin15.9%-
Equity€0.6m-€0.7m▲ 22.3%€0.8mwithin the sector's middle half▲ 20.8%€1.0mwithin the sector's middle half▲ 19.1%€1.3mwithin the sector's middle half▲ 29.3%€1.6mwithin the sector's middle half▲ 28.7%€1.6mwithin the sector's middle half▼ 4.2%€1.6mwithin the sector's middle half▲ 4.4%
Total assets€1.4m-€1.8m▲ 31.1%€2.2mwithin the sector's middle half▲ 25.8%€3.3mwithin the sector's middle half▲ 47.8%€3.1mwithin the sector's middle half▼ 7.1%€4.5mwithin the sector's middle half▲ 47.5%€3.6mwithin the sector's middle half▼ 19.7%€3.5mwithin the sector's middle half▼ 3.1%
Debt€0.8m-€1.1m▲ 37.9%€1.4m▲ 29.3%€2.3m▲ 64.7%€1.8m▼ 24.6%€2.9m▲ 62.8%€2.0m▼ 28.6%€1.9m▼ 8.6%
Working capital€0.8m-€1.2m▲ 41.5%€1.6mwithin the sector's middle half▲ 33.4%€1.3mwithin the sector's middle half▼ 16.2%€1.2mwithin the sector's middle half▼ 7.5%€2.4mwithin the sector's middle half▲ 92.4%€1.7mwithin the sector's middle half▼ 26.7%€1.7mwithin the sector's middle half▼ 3.5%
Solvency41.0%-38.3%▼ 2.8pp36.8%within the sector's middle half▼ 1.5pp29.6%within the sector's middle half▼ 7.1pp41.2%within the sector's middle half▲ 11.6pp36.0%within the sector's middle half▼ 5.3pp42.9%within the sector's middle half▲ 6.9pp46.2%within the sector's middle half▲ 3.3pp
Current ratio6.31-8.66▲ 2.359.97above the sector's middle half▲ 1.314.46above the sector's middle half▼ 5.515.43above the sector's middle half▲ 0.976.87above the sector's middle half▲ 1.447.73above the sector's middle half▲ 0.876.34above the sector's middle half▼ 1.40
Return on assets (ROA)7.0%-7.3%▲ 0.3pp6.6%within the sector's middle half▼ 0.7pp4.9%within the sector's middle half▼ 1.7pp4.5%within the sector's middle half▼ 0.3pp8.4%within the sector's middle half▲ 3.9pp-1.4%within the sector's middle half▼ 9.8pp2.7%within the sector's middle half▲ 4.1pp
Staff (FTE)4.6-5.3▲ 15.2%6below the sector's middle half▲ 13.2%5.6below the sector's middle half▼ 6.7%7.5below the sector's middle half▲ 33.9%8.8within the sector's middle half▲ 17.3%8.5below the sector's middle half▼ 3.4%8.2below the sector's middle half▼ 3.5%
above within below the middle half of NACE 26, Manufacture of computer, electronic and optical products: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.5m
Fixed assets €1.5m ▼ 6.4%
Current assets €2.0m ▼ 0.3%
Equity and liabilities €3.5m
Equity €1.6m ▲ 4.4%
Provisions €33,257 ▼ 13.9%
Debt €1.9m ▼ 8.6%
Debt's share of the balance-sheet total falls from 56.1% to 52.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€339,960▲
2024 · €171,646
Cash flow
€351,802▲
2024 · €194,005
Quick ratio
5.54▼
2024 · 6.76
Debt to equity
1.14▼
2024 · 1.31
ROE
5.8%▲
2024 · -3.3%
Interest coverage
21.88▲
2024 · 9.43
Debt ≤ 1 year
€312,747▲
2024 · €256,948
Debt > 1 year
€637,766▼
2024 · €750,498
Income taxes
€1,337▲
2024 · €1,155
Staff costs
€419,794▲
2024 · €393,623
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 10,904 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.2% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.7% went bankrupt
4.0% stopped otherwise
95.2% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 0.9%
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 74.5% 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 10,904 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 64 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.6m€3.5m▼
Fixed assets21/28€1.7m€1.5m▼
Intangible fixed assets21€0.3m€0.3m▲
Tangible fixed assets22/27€1.1m€1.0m▼
Land and buildings22€0.8m€0.8m▼
Plant, machinery and equipment23€0.1m€0.1m▼
Furniture and vehicles24€0.06m€0.04m▼
Leasing and similar rights25€0.09m€0.04m▼
Financial fixed assets28€0.3m€0.3m=
Current assets29/58€2.0m€2.0m▼
Stocks and contracts in progress3€0.3m€0.3m=
Stocks30/36€0.3m€0.3m=
Amounts receivable within one year40/41€1.1m€0.9m▼
Trade receivables40€0.1m€0.2m▲
Other amounts receivable41€0.9m€0.7m▼
Current investments50/53€0.3m€0.3m▼
Cash at bank and in hand54/58€0.3m€0.6m▲
Deferred charges and accrued income490/1€0.003m€0.001m▼
Equity and liabilities
Total equity and liabilities10/49€3.6m€3.5m▼
Equity10/15€1.6m€1.6m▲
Contributions10/11€0.2m€0.2m=
Capital10€0.2m€0.2m=
Issued capital100€0.2m€0.2m=
Reserves13€0.1m€0.1m=
Non-distributable reserves130/1€0.02m€0.02m=
Legal reserve130€0.02m€0.02m=
Distributable reserves133€0.1m€0.1m=
Profit (loss) carried forward14€1.1m€1.2m▲
Investment grants15€0.1m€0.1m▼
Provisions and deferred taxes16€0.04m€0.03m▼
Deferred taxes168€0.04m€0.03m▼
Amounts payable17/49€2.0m€1.9m▼
Amounts payable after more than one year17€0.8m€0.6m▼
Financial debts170/4€0.8m€0.6m▼
Amounts payable within one year42/48€0.3m€0.3m▲
Current portion of amounts payable after more than one year42€0.1m€0.1m▼
Financial debts43€0.004m-
Credit institutions430/8€0.004m-
Trade debts44€0.04m€0.07m▲
Suppliers440/4€0.04m€0.07m▲
Taxes, remuneration and social security45€0.07m€0.1m▲
Taxes450/3€0.007m€0.03m▲
Remuneration and social security454/9€0.07m€0.08m▲
Other amounts payable47/48-€0.01m
Accrued charges and deferred income492/3€1.0m€0.9m▼
Income statement Code20242025
Remuneration, social security and pensions62€0.4m€0.4m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.2m€0.3m▲
Other operating charges640/8€0.01m€0.01m▲
Gross operating margin9900€0.6m€0.8m▲
Operating profit (loss)9901-€0.07m€0.08m▲
Financial income75/76B€0.04m€0.02m▼
Recurring financial income75€0.04m€0.02m▼
Financial charges65/66B€0.02m€0.02m▼
Recurring financial charges65€0.02m€0.02m▼
Profit (loss) for the period before taxes9903-€0.06m€0.09m▲
Transfer from deferred taxes780€0.006m€0.005m▼
Income taxes67/77€0.001m€0.001m▲
Profit (loss) for the period9904-€0.05m€0.1m▲
Profit (loss) for the period to be appropriated9905-€0.05m€0.1m▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.1m€1.2m▲
Profit (loss) brought forward from the previous period14P€1.2m€1.1m▼
Profit to be distributed694/7-€0.01m
Other beneficiaries697-€0.01m
Social balance sheet
Average headcount (FTE)90878.58.2▼

The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Turnover70€643,122--------
Remuneration, social security and pensions62---€217,911€286,920€363,645€393,623€419,794▲ 6.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€106,442€20,487€84,964€137,119€181,733€210,646€245,289€256,697▲ 4.7%
Other operating charges640/8---€152€9,276€11,995€11,809€12,053▲ 2.1%
Gross operating margin9900€414,113€345,443€502,540€531,760€602,744€959,636€577,078€771,807▲ 33.7%
Operating profit (loss)9901€102,273€132,395€147,739€176,578€124,815€373,350-€73,643€83,263-
Financial income75/76B---€3,396€24,440€16,678€35,882€23,368▼ 34.9%
Recurring financial income75€5,872€6,315€5,971€3,396€24,440€16,678€35,882€23,368▼ 34.9%
Financial charges65/66B---€20,711€18,264€15,580€18,201€15,540▼ 14.6%
Recurring financial charges65€16,311€12,001€9,042€20,711€18,264€15,580€18,201€15,540▼ 14.6%
Profit (loss) for the period before taxes9903€91,834€126,709€144,668€159,263€130,991€374,448-€55,962€91,091-
Transfer from deferred taxes780---€1,731€8,302€5,437€5,833€5,351▼ 8.3%
Income taxes67/77-€247€2€580€626€1,051€697€1,155€1,337▲ 15.8%
Profit (loss) for the period9904€95,096€129,722€146,611€160,368€138,242€379,188-€51,284€95,105-
Profit (loss) for the period to be appropriated9905€95,096€129,722€146,611€160,368€138,242€379,188-€51,284€95,105-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.4m€1.8m€2.2m€3.3m€3.1m€4.5m€3.6m€3.5m▼ 3.1%
Fixed assets21/28€0.4m€0.4m€0.5m€1.6m€1.6m€1.8m€1.7m€1.5m▼ 6.4%
Intangible fixed assets21€0.2m€0.07m€0.1m€0.2m€0.3m€0.3m€0.3m€0.3m▲ 9.2%
Tangible fixed assets22/27€0.2m€0.1m€0.09m€1.1m€1.1m€1.2m€1.1m€1.0m▼ 12.3%
Land and buildings22---€0.9m€0.8m€0.9m€0.8m€0.8m▼ 5.0%
Plant, machinery and equipment23---€0.04m€0.02m€0.1m€0.1m€0.1m▼ 19.2%
Furniture and vehicles24---€0.02m€0.02m€0.08m€0.06m€0.04m▼ 31.1%
Leasing and similar rights25---€0.2m€0.2m€0.1m€0.09m€0.04m▼ 56.1%
Financial fixed assets28-€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m€0.3m=
Current assets29/58€1.0m€1.3m€1.8m€1.7m€1.5m€2.8m€2.0m€2.0m▼ 0.3%
Stocks and contracts in progress3€0.002m€0.02m€0.02m€0.03m€0.04m€0.3m€0.3m€0.3m=
Stocks30/36---€0.03m€0.04m€0.3m€0.3m€0.3m=
Amounts receivable within one year40/41€0.8m€1.0m€1.1m€1.1m€1.2m€1.6m€1.1m€0.9m▼ 16.8%
Trade receivables40---€0.3m€0.2m€0.2m€0.1m€0.2m▲ 58.9%
Other amounts receivable41---€0.9m€1.0m€1.4m€0.9m€0.7m▼ 27.9%
Current investments50/53------€0.3m€0.3m▼ 16.7%
Cash at bank and in hand54/58€0.2m€0.4m€0.6m€0.6m€0.2m€0.9m€0.3m€0.6m▲ 66.1%
Deferred charges and accrued income490/1---€0.006m€0.01m€0.004m€0.003m€0.001m▼ 65.5%
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.8m€2.2m€3.3m€3.1m€4.5m€3.6m€3.5m▼ 3.1%
Equity10/15€0.6m€0.7m€0.8m€1.0m€1.3m€1.6m€1.6m€1.6m▲ 4.4%
Contributions10/11€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m=
Capital10---€0.2m€0.2m€0.2m€0.2m€0.2m=
Issued capital100---€0.2m€0.2m€0.2m€0.2m€0.2m=
Reserves13€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m=
Non-distributable reserves130/1---€0.02m€0.02m€0.02m€0.02m€0.02m=
Legal reserve130---€0.02m€0.02m€0.02m€0.02m€0.02m=
Distributable reserves133---€0.1m€0.1m€0.1m€0.1m€0.1m=
Profit (loss) carried forward14€0.2m€0.4m€0.5m€0.7m€0.8m€1.2m€1.1m€1.2m▲ 7.5%
Investment grants15---€0.001m€0.1m€0.1m€0.1m€0.1m▼ 13.9%
Provisions and deferred taxes16€0.008m€0.005m€0.002m€0.001m€0.05m€0.04m€0.04m€0.03m▼ 13.9%
Deferred taxes168---€0.001m€0.05m€0.04m€0.04m€0.03m▼ 13.9%
Amounts payable17/49€0.8m€1.1m€1.4m€2.3m€1.8m€2.9m€2.0m€1.9m▼ 8.6%
Amounts payable after more than one year17€0.2m€0.1m€0.09m€0.9m€0.8m€0.9m€0.8m€0.6m▼ 15.0%
Financial debts170/4---€0.9m€0.8m€0.9m€0.8m€0.6m▼ 15.0%
Amounts payable within one year42/48€0.2m€0.2m€0.2m€0.4m€0.3m€0.4m€0.3m€0.3m▲ 21.7%
Current portion of amounts payable after more than one year42---€0.1m€0.1m€0.1m€0.1m€0.1m▼ 15.5%
Financial debts43---€0.1m€0.003m€0.004m€0.004m--
Credit institutions430/8---€0.1m€0.003m€0.004m€0.004m--
Trade debts44€0.04m€0.04m€0.04m€0.08m€0.07m€0.1m€0.04m€0.07m▲ 70.6%
Suppliers440/4---€0.08m€0.07m€0.1m€0.04m€0.07m▲ 70.6%
Taxes, remuneration and social security45---€0.06m€0.1m€0.1m€0.07m€0.1m▲ 56.0%
Taxes450/3---€0.01m€0.03m€0.04m€0.007m€0.03m▲ 385%
Remuneration and social security454/9---€0.05m€0.06m€0.08m€0.07m€0.08m▲ 23.2%
Other amounts payable47/48-------€0.01m-
Accrued charges and deferred income492/3---€1.0m€0.6m€1.6m€1.0m€0.9m▼ 11.5%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€0.1m€0.1m€0.1m€0.2m€0.1m€0.4m-€0.05m€0.1m-
+ Depreciation and write-downs630€0.1m€0.02m€0.08m€0.1m€0.2m€0.2m€0.2m€0.3m▲ 4.7%
Operating cash flow (approximation)€0.2m€0.2m€0.2m€0.3m€0.3m€0.6m€0.2m€0.4m▲ 81.3%
Investment in fixed assets (approximation)--€0.1m-€0.1m-€1.3m-€0.2m-€0.4m-€0.1m-€0.2m▼ 14.9%
Change in cash-€0.1m€0.3m-€0.05m-€0.3m€0.6m-€0.5m€0.2m-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 02-07-2026 2026-00256611
31-12-2024 full format 20-08-2025 2025-00386292
31-12-2023 full format 19-06-2024 2024-00149284
31-12-2022 full format 23-06-2023 2023-00164193
31-12-2021 full format 08-07-2022 2022-20172981
31-12-2020 full format 22-04-2021 2021-11100476
31-12-2019 full format 11-09-2020 2020-53500172
31-12-2018 full format 29-08-2019 2019-54500493
31-12-2017 full format 23-04-2018 2018-10500094
31-12-2016 full format 20-09-2017 2017-61600321

Show all 17 filings

Similar companies · same sector, comparable size

Of the 246 active companies whose main activity is manufacture of computer, electronic and optical products (NACE 26110), figures are known for 188. 94 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

European Union, budget

2022 to 2024 · 5 entries · €1.3m in total
Year Entries Awarded
2024 1 €301,413
2023 2 €595,000
2022 2 €415,972
Projects
SPACELINK - EUROPEAN SPACE-GRADE OPTICAL TRANSCEIVERS FOR HIGH SPEED INTRA-SATELLITE INTERCONNECTS AND FREE SPACE LASERCOM LINKS
Horizon Europe · 01-03-2025 to 29-02-2028 · €301,413
SMARTWAY - NANO META COMPONENTS FOR ELECTRONIC SMART WIRELESS SYSTEMS
Horizon Europe · 01-05-2023 to 30-04-2026 · €300,000
PLASNANO - NANO-SCALE DEVELOPMENT OF PLASMONIC AMPLIFIERS BASED ON 2D MATERIALS
Horizon Europe · 01-04-2023 to 31-03-2026 · €295,000
POWERPACK - NOVEL 3D HETEROGENEOUS INTEGRATION FOR FUTURE MINIATURIZED POWER RF TRANSCEIVER FRONT ENDS
European Defence Fund · 01-12-2022 to 30-11-2025 · €214,728
POWERFLEX - SMART, HETEROGENEOUS TECHNOLOGICAL PLATFORM EXTENDING THE POWER AND FREQUENCY LIMITS OF FLEXIBLE NANOELECTRONICS
European Defence Fund · 01-12-2022 to 30-11-2025 · €201,243

European research

7 projects · €1.9m EU contribution
Programmes
3 entries · €896,413
2 entries · €535,625
2 entries · €482,630
Projects
Smart integration of GaN & SiC high power electronics for industrial and RF applications
Seventh Framework Programme · participant · 01-09-2011 to 31-01-2016 · €362,110 · SMARTPOWER
Metamaterial based, radio frequency and millimetre wave phase shifters for future generation phased array antenna applications
Horizon 2020 · participant · 01-09-2020 to 30-04-2023 · €302,000 · SMARTWAVE
EUROPEAN SPACE-GRADE OPTICAL TRANSCEIVERS FOR HIGH SPEED INTRA-SATELLITE INTERCONNECTS AND FREE SPACE LASERCOM LINKS
Horizon Europe · participant · 01-03-2025 to 29-02-2028 · €301,413 · SPACELINK
Nano meta components for electronic smart wireless systems
Horizon Europe · participant · 01-05-2023 to 31-08-2026 · €300,000 · SMARTWAY
Nano-scale Development of Plasmonic Amplifiers Based on 2D Materials
Horizon Europe · participant · 01-04-2023 to 30-09-2026 · €295,000 · PLASNANO
Show 2 more projects
Pilot line production of transceiver modules for the next generation of smart RF power applications
Horizon 2020 · participant · 01-09-2019 to 30-09-2023 · €233,625 · SMARTEC
Boosting Life Cycle Assessment Use in European Small and Medium-sized Enterprises: Serving Needs of Innovative Key Sectors with Smart Methods and Tools
Seventh Framework Programme · participant · 01-01-2011 to 31-12-2014 · €120,520 · LCA TO GO

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
under verification, last change in 2023
This board is reconstructed from a single act (25037500). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Fabrice HAUDRY
Director · since 21-06-2023
Current
Jean-Marc DELAUNOY
Director · since 21-06-2023
Current
Michel SAINT-MARD
Director · since 21-06-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
6 of this company's 7 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

3 people since 2023, 3 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Fabrice HAUDRY
  • Director, since before 21-06-2023
Jean-Marc DELAUNOY
  • Director, since before 21-06-2023
Michel SAINT-MARD
  • Director, since before 21-06-2023
See the board, name and registered office on a given date →

Owners and capital

Owners

2 owners

According to the 2025 annual accounts of Taipro Engineering and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2025 annual accounts of Taipro Engineering and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

3 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

Taipro Engineering was incorporated on 13 February 2009.1 Total assets rose from €1.4m in 2018 to €3.5m in 2025 and headcount from 4.6 to 8.2 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
02-07
NBB filing Annual accounts filed
financial year 2025 · full format
2025
31-12
Financial Back to profitnet €95,105
Net result €95,105 after one loss-making year.
20-08
NBB filing Annual accounts filed
financial year 2024 · full format · 20 days late
19-03
Gazette deed Reappointments: Michel SAINT-MARD, Fabrice HAUDRY and Jean-Marc DELAUNOY
7 facts ▸
  • General meeting, 21-06-2023
  • Director reappointment, Michel SAINT-MARD (director)
  • Director reappointment, Fabrice HAUDRY (director)
  • Director reappointment, Jean-Marc DELAUNOY (director)
  • Board composition, Michel SAINT-MARD (director)
  • Board composition, Fabrice HAUDRY (director)
  • Board composition, Jean-Marc DELAUNOY (director)
2024
31-12
Financial Weakest financial yearnet -€51,284
Net result drops to -€51,284, the lowest in the series; recovery starts the following year.
19-06
NBB filing Annual accounts filed
financial year 2023 · full format
2023
31-12
Financial Highest result from 2018 to 2025net €379,188 ▲174%
Operating result €373,350, net result €379,188, both a record.
23-06
NBB filing Annual accounts filed
financial year 2022 · full format
2022
31-12
Financial Equity above €1mequity €1.3m ▲29.3%
A profit in every financial year since 2018 builds equity to €1.3m.
08-07
NBB filing Annual accounts filed
financial year 2021 · full format
2021
22-04
NBB filing Annual accounts filed
financial year 2020 · full format
2020
11-09
NBB filing Annual accounts filed
financial year 2019 · full format · 42 days late
Show earlier events
2019
29-08
NBB filing Annual accounts filed
financial year 2018 · full format · 29 days late
2018
23-04
NBB filing Annual accounts filed
financial year 2017 · full format
2017
20-09
NBB filing Annual accounts filed
financial year 2016 · full format · 51 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 17 annual accounts filed, the latest 10 are here; all 17 are under Financials.
1 of 7 deeds read
About the unread acts

Of the 7 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 6 have not 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.

Register details

Identification
Legal formPublic limited company
Founded13-02-2009
Financial year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
26110Manufacture of computer, electronic and optical products
26120Manufacture of computer, electronic and optical products
82990Other business support services
Contact
Phone +3287 70 96 60
E-invoicing
Reachable via Peppol
Peppol ID 0208:0809813606
Registered 22-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Verviers · 1 establishment unit since 2009
registered office establishment The establishment unit on the map
Ground area
3,003 m²
Building footprint
496 m²
Building volume
2,814 m³
Parcel 63043B0461/00D000, Wallonia · tallest building 6.7 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
TAIPRO ENGINEERING
Rue des Ormes 151, 4800 VerviersManufacture of computer, electronic and optical products
since 2009unit no. 2.178.199.534
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
63043B0461/00D000 Wallonia 3,003 m² 1 · 496 m² 6.7 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.