TAMAVE
ActiveSummary
TAMAVE has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €107,792 and a net result of -€18,269. Equity is growing by ~27.1% per year across the filed fiscal years. Its solvency ranks better than 91% of 7114 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-78
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 4.47 against 3.55 in 2024; short-term debt: 7.4% and cash: 22.1% of total assets), and 7.4% of the assets are financed with debt.
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Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
49 d early
2023
41 d early
2022
32 d early
2021
3 d early
2020
4 d early
2019
7 d 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 25 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 21 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€107,792▼ 14.5%
2024 · €126,062
Total assets
€116,393▼ 26.8%
2024 · €159,083
Net result
-€18,269
2024 · €11,650
Working capital
€29,867▼ 64.5%
2024 · €84,168
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€6,914▲ 49.5%€53,681€57,459▲ 7.0%€16,834▼ 70.7%-€17,987
Net result-€7,158below the sector's middle half▼ 550%€40,583within the sector's middle half€40,921within the sector's middle half▲ 0.8%€11,650within the sector's middle half▼ 71.5%-€18,269below the sector's middle half
Equity€32,907within the sector's middle half▼ 17.9%€73,490within the sector's middle half▲ 123%€114,411within the sector's middle half▲ 55.7%€126,062within the sector's middle half▲ 10.2%€107,792within the sector's middle half▼ 14.5%
Total assets€51,893below the sector's middle half▲ 7.0%€135,884within the sector's middle half▲ 162%€171,213within the sector's middle half▲ 26.0%€159,083within the sector's middle half▼ 7.1%€116,393within the sector's middle half▼ 26.8%
Debt€18,986▲ 125%€62,393▲ 229%€56,802▼ 9.0%€33,022▼ 41.9%€8,600▼ 74.0%
Working capital€13,367within the sector's middle half▲ 13.6%€23,594within the sector's middle half▲ 76.5%€65,500within the sector's middle half▲ 178%€84,168within the sector's middle half▲ 28.5%€29,867within the sector's middle half▼ 64.5%
Solvency63.4%within the sector's middle half▼ 19.2pp54.1%within the sector's middle half▼ 9.3pp66.8%within the sector's middle half▲ 12.7pp79.2%above the sector's middle half▲ 12.4pp92.6%above the sector's middle half▲ 13.4pp
Current ratio1.70within the sector's middle half▼ 0.691.54within the sector's middle half▼ 0.162.35within the sector's middle half▲ 0.803.55within the sector's middle half▲ 1.204.47above the sector's middle half▲ 0.92
Return on assets (ROA)-13.8%below the sector's middle half▼ 11.5pp29.9%above the sector's middle half▲ 43.7pp23.9%within the sector's middle half▼ 6.0pp7.3%within the sector's middle half▼ 16.6pp-15.7%below the sector's middle half▼ 23.0pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €17,987 after €16,834 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116,393
Fixed assets
€77,925 ▲ 86.0%
Current assets
€38,468 ▼ 67.2%
Equity and liabilities €116,393
Equity
€107,792 ▼ 14.5%
Debt
€8,600 ▼ 74.0%
Debt's share of the balance-sheet total falls from 20.8% to 7.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€1,311▼
2024 · €31,993
Cash flow
-€1,594▼
2024 · €26,810
Debt to equity
0.08▼
2024 · 0.26
ROE
-16.9%▼
2024 · 9.2%
Interest coverage
-15.35▼
2024 · 296.42
Debt ≤ 1 year
€8,600▼
2024 · €33,022
Income taxes
€197▼
2024 · €5,076
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.0%
went bankrupt
9.8%
stopped otherwise
88%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% 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 4,805 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2,651 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,752 | €6,450 | €16,325 | €15,159 | €16,676 | ▲ 10.0% |
| Other operating charges640/8 | €695 | €597 | €409 | €387 | €463 | ▲ 19.6% |
| Gross operating margin9900 | €2,533 | €60,728 | €74,194 | €32,380 | -€848 | ▼ 103% |
| Operating profit (loss)9901 | -€6,914 | €53,681 | €57,459 | €16,834 | -€17,987 | ▼ 207% |
| Financial income75/76B | €5 | €0 | €21 | €0 | - | - |
| Recurring financial income75 | €5 | €0 | €21 | €0 | - | - |
| Financial charges65/66B | €84 | €79 | €103 | €108 | €85 | ▼ 20.9% |
| Recurring financial charges65 | €84 | €79 | €103 | €108 | €85 | ▼ 20.9% |
| Profit (loss) for the period before taxes9903 | -€6,993 | €53,601 | €57,377 | €16,726 | -€18,072 | ▼ 208% |
| Income taxes67/77 | €165 | €13,019 | €16,456 | €5,076 | €197 | ▼ 96.1% |
| Profit (loss) for the period9904 | -€7,158 | €40,583 | €40,921 | €11,650 | -€18,269 | ▼ 257% |
| Profit (loss) for the period to be appropriated9905 | -€7,158 | €40,583 | €40,921 | €11,650 | -€18,269 | ▼ 257% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €51,893 | €135,884 | €171,213 | €159,083 | €116,393 | ▼ 26.8% |
| Fixed assets21/28 | €19,540 | €68,893 | €57,052 | €41,893 | €77,925 | ▲ 86.0% |
| Intangible fixed assets21 | €800 | €400 | - | - | - | - |
| Tangible fixed assets22/27 | €18,740 | €68,493 | €57,052 | €41,893 | €77,925 | ▲ 86.0% |
| Land and buildings22 | €4,296 | €10,389 | €8,284 | €6,892 | €5,870 | ▼ 14.8% |
| Plant, machinery and equipment23 | €460 | €1,946 | €1,354 | €991 | €629 | ▼ 36.5% |
| Furniture and vehicles24 | €12,544 | €54,958 | €46,454 | €33,290 | €70,946 | ▲ 113% |
| Other tangible fixed assets26 | €1,440 | €1,200 | €960 | €720 | €480 | ▼ 33.3% |
| Current assets29/58 | €32,353 | €66,991 | €114,160 | €117,190 | €38,468 | ▼ 67.2% |
| Amounts receivable within one year40/41 | €12,100 | €25,853 | €2,260 | €17,029 | €9,631 | ▼ 43.4% |
| Trade receivables40 | €12,100 | €25,853 | €1,477 | €12,100 | - | - |
| Other amounts receivable41 | - | - | €784 | €4,929 | €9,631 | ▲ 95.4% |
| Cash at bank and in hand54/58 | €19,912 | €40,951 | €111,320 | €99,551 | €25,731 | ▼ 74.2% |
| Deferred charges and accrued income490/1 | €341 | €186 | €580 | €611 | €3,106 | ▲ 409% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €51,893 | €135,884 | €171,213 | €159,083 | €116,393 | ▼ 26.8% |
| Equity10/15 | €32,907 | €73,490 | €114,411 | €126,062 | €107,792 | ▼ 14.5% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €26,707 | €67,290 | €108,211 | €119,862 | €119,862 | = |
| Non-distributable reserves130/1 | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | - | - | - | - | - |
| Distributable reserves133 | €24,847 | €67,290 | €108,211 | €119,862 | €119,862 | = |
| Profit (loss) carried forward14 | - | - | - | - | -€18,269 | - |
| Amounts payable17/49 | €18,986 | €62,393 | €56,802 | €33,022 | €8,600 | ▼ 74.0% |
| Amounts payable after more than one year17 | - | €18,997 | €8,142 | - | - | - |
| Financial debts170/4 | - | €18,997 | €8,142 | - | - | - |
| Amounts payable within one year42/48 | €18,986 | €43,396 | €48,660 | €33,022 | €8,600 | ▼ 74.0% |
| Current portion of amounts payable after more than one year42 | - | €10,855 | €10,855 | €8,142 | - | - |
| Trade debts44 | €326 | €8,942 | €2,170 | €303 | €928 | ▲ 206% |
| Suppliers440/4 | €326 | €8,942 | €2,170 | €303 | €928 | ▲ 206% |
| Taxes, remuneration and social security45 | €9,236 | €18,187 | €35,593 | €23,674 | €6,697 | ▼ 71.7% |
| Taxes450/3 | €9,236 | €18,187 | €35,593 | €23,674 | €6,197 | ▼ 73.8% |
| Remuneration and social security454/9 | - | - | - | - | €500 | - |
| Other amounts payable47/48 | €9,424 | €5,412 | €42 | €904 | €976 | ▲ 8.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,158 | €40,583 | €40,921 | €11,650 | -€18,269 | ▼ 257% |
| + Depreciation and write-downs630 | €8,752 | €6,450 | €16,325 | €15,159 | €16,676 | ▲ 10.0% |
| Operating cash flow (approximation) | €1,594 | €47,033 | €57,246 | €26,810 | -€1,594 | ▼ 106% |
| Investment in fixed assets (approximation) | - | -€55,803 | -€4,485 | €0 | -€52,707 | - |
| Change in cash | - | €21,039 | €70,368 | -€11,769 | -€73,821 | ▼ 527% |
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
2026
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet -€18,269
Net result drops to -€18,269, the lowest in the series.
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €40,921 ▲0.8%
Operating result €57,459, net result €40,921, both a record.
31-12
Financial
Equity above €100,000Eq €114,411 ▲55.7%
2 profitable years in a row build equity to €114,411.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €40,583
Net result €40,583 after 2 loss-making years.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 2.40
Current ratio from 1.14 to 2.40; short-term debt falls from €23,983 to €8,425.
07-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 7 days late
Show earlier events
2019
31-12
Financial
Back to profitnet €16,945
Net result €16,945 after one loss-making year.
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 9 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Hoegaarden · 1 establishment unit since 2014
Ground area
3,366 m²
Building footprint
773 m²
Volume, LiDAR
4,700 m³
2 parcels, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
TAMAVE
since 20142.230.970.997
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24041B0519/00F000 | Flanders | 2,076 m² | 1 · 668 m² | 11.0 m · 2 fl. |
| 24041B0520/00C000 | Flanders | 1,290 m² | 1 · 105 m² | 8.3 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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Of 13,417 companies in sector 73300 we hold annual accounts for 6,907. 5,582 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
Founded06-05-2014
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
82300Organisation of conventions and trade shows
Contact
E-mail
tamara.alen@smme.comHoegaarden
Phone
0476 919793Hoegaarden
E-invoicing
Reachable via Peppol
Peppol ID
0208:0552681353
Also
9925:BE0552681353
Registered
04-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.