TALCO

Active

Private limited companyfounded 200025 yrs activeEkenbekedreef 10, 9880 Aalter, BelgiumKBO/BCE: BE 0473.186.685

TALCO has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €802k and a net result of €80k. Its solvency ranks better than 95% of 12490 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

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Checked score

Score 2024

94 / 100

Excellent▲ +8 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability50▲+1

Solvency100=

Growth78

Stability100

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €75k at 30 days acceptable

Liquidity ample (current ratio 19.82 against 17.35 in 2023), and 5.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

5 signals. The signal on the left, the evidence on the right.

−lowers risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Sector 70

lower

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

94.9%

Return on assets

9.5%

Age of the figures

20 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-06-2025, 32 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

32 d early

2023

47 d early

2022

42 d early

2021

39 d early

2020

41 d early

2019

31 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€802k▲ 11.1%

2023 · €722k

2023: €722k

2023 → 2024

Total assets

€845k▲ 10.5%

2023 · €765k

2023: €765k

2023 → 2024

Net result

€80k▲ 14.2%

2023 · €70k

2023: €70k

2023 → 2024

Working capital

€550k▲ 20.9%

2023 · €455k

2023: €455k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€722k-€802k▲ 11.1%

Operating result€91k-€102k▲ 11.8%

Net result€70k-€80k▲ 14.2%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2024; 2024 is 12% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €845k

31.5%

68.5%

Fixed assets €266k▼ 5.7%

Current assets €579k▲ 20.0%

Equity and liabilities €845k

94.9%

Equity €802k▲ 11.1%

Provisions €13k▼ 6.7%

Debt €30k▲ 4.9%

The debt ratio falls from 3.8% to 3.6%: equity grows faster than debt.

Key figures and ratios

2024 value · change against 2023

EBITDA

€125k▼

2023 · €127k

Cash flow

€103k▼

2023 · €106k

Solvency

94.9%▲

2023 · 94.4%

Current ratio

19.82▲

2023 · 17.35

Quick ratio

19.82▲

2023 · 17.35

Debt / equity

0.04▼

2023 · 0.04

ROE

10.0%▲

2023 · 9.7%

ROA

9.5%▲

2023 · 9.2%

Interest coverage

688.95▼

2023 · 1122.24

Debt

€30k▲

2023 · €29k

Debt ≤ 1 year

€29k▲

2023 · €28k

Income taxes

€34k▲

2023 · €29k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024

Balance sheet Code2024

Total assets 20/58€845k

Fixed assets 21/28€266k

Tangible fixed assets 22/27€266k

Current assets 29/58€579k

Amounts receivable within one year 40/41€18k

Cash & bank 54/58€560k

Total equity & liabilities 10/49€845k

Equity 10/15€802k

Contributions / capital 10/11€19k

Reserves 13€782k

Accumulated profits (losses) 14€2k

Provisions & deferred taxes 16€13k

Amounts payable 17/49€30k

Amounts payable within one year 42/48€29k

Trade debts payable within one year 44€1k

Income statement Code2024

Gross operating margin 9900€126k

Operating result 9901€102k

Financial income 75€12k

Financial charges 65€181

Result before taxes 9903€114k

Income taxes 67/77€34k

Net result for the period 9904€80k

Result to be appropriated 9905€83k

This is the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →