TALUH
ActiveSummary
TALUH has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €106k and a net result of €58k. Equity is growing by ~42.4% per year across the filed fiscal years. Its solvency ranks better than 28% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-31
Solvency48▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.11 in 2024; short-term debt: 77.3% and cash: 63.7% of total assets), and 77.4% 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.
−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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 31-03-2025 was due by 31-10-2025 and was filed on 15-09-2025, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
57 d early
2023
43 d early
2022
on the day
2021
10 d early
2020
53 d early
2019
41 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€106k▲ 122%
2024 · €48k
2019: €-382klowest in 7 years
2020: €-381k▲ +0.1% vs 2019
2021: €-380k▲ +0.3% vs 2020
2022: €-206k▲ +45.7% vs 2021
2023: €-139k▲ +32.4% vs 2022
2024: €48k▲ +134% vs 2023
2025: €106k▲ +122% vs 2024highest in 7 years
2019 → 2025
Total assets
€468k▼ 1.1%
2024 · €473k
2019: €439k
2020: €439k▲ +0.1% vs 2019
2021: €424k▼ -3.4% vs 2020
2022: €354k▼ -16.5% vs 2021lowest in 7 years
2023: €357k▲ +0.9% vs 2022
2024: €473k▲ +32.5% vs 2023highest in 7 years
2025: €468k▼ -1.1% vs 2024
2019 → 2025
Net result
€58k▼ 69.0%
2024 · €187k
2019: €39k
2020: €517▼ -98.7% vs 2019lowest in 7 years
2021: €1k▲ +93.3% vs 2020
2022: €174k▲ +17270% vs 2021
2023: €67k▼ -61.5% vs 2022
2024: €187k▲ +180% vs 2023highest in 7 years
2025: €58k▼ -69.0% vs 2024
2019 → 2025
Working capital
€106k▲ 118%
2024 · €49k
2019: €18k
2020: €19k▲ +2.8% vs 2019
2021: €20k▲ +5.3% vs 2020
2022: €165k▲ +727% vs 2021highest in 7 years
2023: €-143k▼ -187% vs 2022lowest in 7 years
2024: €49k▲ +134% vs 2023
2025: €106k▲ +118% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-380k-€-206k▲ 45.7%€-139k▲ 32.4%€48k€106k▲ 122%
2021: €-380klowest in 5 years
2022: €-206k▲ +45.7% vs 2021
2023: €-139k▲ +32.4% vs 2022
2024: €48k▲ +134% vs 2023
2025: €106k▲ +122% vs 2024highest in 5 years
Operating result€1k-€182k▲ 17,466%€76k▼ 58.2%€206k▲ 172%€97k▼ 52.9%
2021: €1klowest in 5 years
2022: €182k▲ +17466% vs 2021
2023: €76k▼ -58.2% vs 2022
2024: €206k▲ +172% vs 2023highest in 5 years
2025: €97k▼ -52.9% vs 2024
Net result€1k-€174k▲ 17,270%€67k▼ 61.5%€187k▲ 180%€58k▼ 69.0%
2021: €1klowest in 5 years
2022: €174k▲ +17270% vs 2021
2023: €67k▼ -61.5% vs 2022
2024: €187k▲ +180% vs 2023highest in 5 years
2025: €58k▼ -69.0% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 53% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €468k
Equity
€106k ▲ 122%
Debt
€362k ▼ 14.9%
Debt's share of the balance-sheet total falls from 89.9% to 77.4%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.29▲
2024 · 1.11
Quick ratio
0.84▲
2024 · 0.66
Debt to equity
3.42▼
2024 · 8.89
ROE
54.9%▼
2024 · 391.5%
ROA
12.4%▼
2024 · 39.6%
Debt ≤ 1 year
€362k▼
2024 · €425k
Income taxes
€22k▲
2024 · €2k
Staff costs
€280▼
2024 · €40k
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 · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€473k€468k▼
Fixed assets21/28€0-
Financial fixed assets28€0-
Current assets29/58€473k€468k▼
Stocks and contracts in progress3€193k€165k▼
Stocks30/36€193k€165k▼
Amounts receivable within one year40/41€103k€0▼
Trade receivables40€13k€0▼
Other amounts receivable41€90k€0▼
Cash at bank and in hand54/58€174k€298k▲
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€473k€468k▼
Equity10/15€48k€106k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13-€44k
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Distributable reserves133-€42k
Profit (loss) carried forward14€-14k€0▲
Amounts payable17/49€425k€362k▼
Amounts payable within one year42/48€425k€362k▼
Financial debts43€250k€250k=
Credit institutions430/8€250k€250k=
Trade debts44€106k€86k▼
Suppliers440/4€106k€86k▼
Advances received on contracts in progress46€14k€0▼
Taxes, remuneration and social security45€15k€26k▲
Taxes450/3€15k€26k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€40k€0▼
Accrued charges and deferred income492/3€700€64▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€40k€280▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€248k€100k▼
Operating profit (loss)9901€206k€97k▼
Financial income75/76B€29€9▼
Recurring financial income75€29€9▼
Financial charges65/66B€17k€17k▲
Recurring financial charges65€17k€17k▲
Profit (loss) for the period before taxes9903€189k€80k▼
Income taxes67/77€2k€22k▲
Profit (loss) for the period9904€187k€58k▼
Profit (loss) for the period to be appropriated9905€187k€58k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€44k▲
Profit (loss) brought forward from the previous period14P€-201k€-14k▲
Transfer to equity691/2-€44k
To the legal reserve6920-€2k
To other reserves6921-€42k
Social balance
Average headcount (FTE)90870.8-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €6k | €0 | - | - |
| Remuneration, social security and pensions62 | - | €7k | €167k | €40k | €280 | ▼ 99.3% |
| Other operating charges640/8 | - | €2k | €9k | €2k | €2k | ▲ 45.2% |
| Gross operating margin9900 | €2k | €190k | €252k | €248k | €100k | ▼ 59.8% |
| Operating profit (loss)9901 | €1k | €182k | €76k | €206k | €97k | ▼ 52.9% |
| Financial income75/76B | - | €68 | €0 | €29 | €9 | ▼ 70.7% |
| Recurring financial income75 | - | €68 | €0 | €29 | €9 | ▼ 70.7% |
| Financial charges65/66B | - | €8k | €9k | €17k | €17k | ▲ 0.6% |
| Recurring financial charges65 | €34 | €8k | €9k | €17k | €17k | ▲ 0.6% |
| Profit (loss) for the period before taxes9903 | €1k | €174k | €67k | €189k | €80k | ▼ 57.8% |
| Income taxes67/77 | - | - | €363 | €2k | €22k | ▲ 990% |
| Profit (loss) for the period9904 | €1k | €174k | €67k | €187k | €58k | ▼ 69.0% |
| Profit (loss) for the period to be appropriated9905 | €1k | €174k | €67k | €187k | €58k | ▼ 69.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €424k | €354k | €357k | €473k | €468k | ▼ 1.1% |
| Fixed assets21/28 | - | - | €5k | €0 | - | - |
| Financial fixed assets28 | - | - | €5k | €0 | - | - |
| Current assets29/58 | €424k | €354k | €353k | €473k | €468k | ▼ 1.1% |
| Stocks and contracts in progress3 | €417k | €57k | €200k | €193k | €165k | ▼ 14.4% |
| Stocks30/36 | - | €57k | €200k | €193k | €165k | ▼ 14.4% |
| Amounts receivable within one year40/41 | €5k | €90k | €14k | €103k | €0 | ▼ 100% |
| Trade receivables40 | - | €90k | €1k | €13k | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | €13k | €90k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €1k | €189k | €130k | €174k | €298k | ▲ 71.0% |
| Deferred charges and accrued income490/1 | - | €18k | €8k | €3k | €5k | ▲ 62.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €424k | €354k | €357k | €473k | €468k | ▼ 1.1% |
| Equity10/15 | €-380k | €-206k | €-139k | €48k | €106k | ▲ 122% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | - | - | - | - | €44k | - |
| Non-distributable reserves130/1 | - | - | - | - | €2k | - |
| Legal reserve130 | - | - | - | - | €2k | - |
| Distributable reserves133 | - | - | - | - | €42k | - |
| Profit (loss) carried forward14 | €-442k | €-268k | €-201k | €-14k | €0 | ▲ 100% |
| Amounts payable17/49 | €804k | €560k | €497k | €425k | €362k | ▼ 14.9% |
| Amounts payable after more than one year17 | €400k | €365k | €0 | - | - | - |
| Financial debts170/4 | - | €365k | €0 | - | - | - |
| Amounts payable within one year42/48 | €404k | €189k | €496k | €425k | €362k | ▼ 14.8% |
| Financial debts43 | - | - | €250k | €250k | €250k | = |
| Credit institutions430/8 | - | - | €250k | €250k | €250k | = |
| Trade debts44 | - | €95k | €181k | €106k | €86k | ▼ 19.1% |
| Suppliers440/4 | - | €95k | €181k | €106k | €86k | ▼ 19.1% |
| Advances received on contracts in progress46 | - | - | - | €14k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €53k | €24k | €15k | €26k | ▲ 76.3% |
| Taxes450/3 | - | €49k | €1k | €15k | €26k | ▲ 76.3% |
| Remuneration and social security454/9 | - | €5k | €23k | €0 | - | - |
| Other amounts payable47/48 | - | €40k | €40k | €40k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €6k | €921 | €700 | €64 | ▼ 90.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €174k | €67k | €187k | €58k | ▼ 69.0% |
| Operating cash flow (approximation) | €1k | €174k | €67k | €187k | €58k | ▼ 69.0% |
| Investment in fixed assets (approximation) | - | - | - | €5k | - | - |
| Change in cash | - | €187k | €-58k | €44k | €124k | ▲ 181% |
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
2025
15-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Equity above €100kEq €106k ▲122%
7 profitable years in a row build equity to €106k.
2024
04-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Highest result since 2019net €187k ▲180%
Operating result €206k, net result €187k, both a record.
2023
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Weakest financial yearnet €517 ▼98.7%
Net result drops to €517, the lowest in the series; recovery starts the following year.
2019
20-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
22-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
18-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Sint-Niklaas · 2 establishment units since 2010
Ground area
5.9 ha
Building footprint
2.6 ha
Volume, LiDAR
170,150 m³
2 parcels, Flanders · tallest building 13.6 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
2 establishment units
TALUH
since 20102.190.014.134
TALUH
since 20242.366.836.424
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46442C1276/00D000 | Flanders | 4.0 ha | 1 · 1.3 ha | 13.6 m · 2 fl. |
| 33021E0479/00F002 | Flanders | 1.9 ha | 1 · 1.4 ha | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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013
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Of 1,308 companies in sector 46423 we hold annual accounts for 810. 570 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded04-03-2010
Fiscal year end31-03
Activities, NACEBEL 2025
46423Wholesale of clothing, excluding workwear and underwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47715Retail trade
Scores and ratios are computed by Checked and are not a credit decision.