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TANDEM

Active
Private limited companyfounded 200719 yrs activeZeistraat 28, 9850 Deinze, BelgiumKBO/BCE: BE 0887.546.040

TANDEM has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €137k and a net result of €2k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 11614 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
84 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability41▼-17
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 68.56 against 70.26 in 2023; short-term debt: 1.5% and cash: 96.2% of total assets), and 1.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 19 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
41 d early
2023
40 d early
2022
42 d early
2021
26 d early
2020
37 d early
2019
39 d early
← before the deadline after the deadline →
neutral · 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
€137k▲ 0.7%
2023 · €136k
2018: €99k 2019: €105k 2020: €111k 2021: €121k 2022: €125k 2023: €136k
2018 → 2024
Total assets
€139k▲ 0.8%
2023 · €138k
2018: €111k 2019: €115k 2020: €123k 2021: €131k 2022: €134k 2023: €138k
2018 → 2024
Net result
€2k▼ 83.5%
2023 · €11k
2018: €18k 2019: €7k 2020: €7k 2021: €11k 2022: €5k 2023: €11k
2018 → 2024
Working capital
€137k▲ 0.7%
2023 · €136k
2018: €106k 2019: €113k 2020: €119k 2021: €128k 2022: €132k 2023: €136k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€111k-€121k▲ 8.8%€125k▲ 3.4%€136k▲ 8.3%€137k▲ 0.7%
Operating result€11k-€16k▲ 49.6%€7k▼ 54.7%€16k▲ 129%€2k▼ 87.3%
Net result€7k-€11k▲ 46.9%€5k▼ 54.2%€11k▲ 131%€2k▼ 83.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5k€10k€15kOperating result 2020: €11k€11kNet result 2020: €7k€7kOperating result 2021: €16k€16kNet result 2021: €11k€11kOperating result 2022: €7k€7kNet result 2022: €5k€5kOperating result 2023: €16k€16kNet result 2023: €11k€11kOperating result 2024: €2k€2kNet result 2024: €2k€2k20202021202220232024
The operating result falls in 2024; 2024 is 87% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €139k
Equity €137k▲ 0.7%
Debt €2k▲ 3.3%
The debt ratio stays at 1.5%.
Key figures and ratios
2024 value · change against 2023
Solvency
98.5%=
2023 · 98.6%
Current ratio
68.56
2023 · 70.26
Quick ratio
68.56
2023 · 70.26
Debt / equity
0.01
2023 · 0.01
ROE
1.4%
2023 · 8.3%
ROA
1.3%
2023 · 8.2%
Debt
€2k
2023 · €2k
Debt ≤ 1 year
€2k
2023 · €2k
Income taxes
€790
2023 · €5k
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 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€138k€139k
Current assets29/58€138k€139k
Amounts receivable within one year40/41€913€4k
Trade receivables40€30€4k
Other amounts receivable41€883€321
Cash at bank and in hand54/58€136k€134k
Deferred charges and accrued income490/1€499€750
Equity and liabilities
Total equity and liabilities10/49€138k€139k
Equity10/15€136k€137k
Contributions10/11€43k€43k=
Reserves13€92k€94k
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Distributable reserves133€87k€89k
Profit (loss) carried forward14€1k€690
Amounts payable17/49€2k€2k
Amounts payable within one year42/48€2k€2k
Other amounts payable47/48€2k€2k
Income statement Code20232024
Other operating charges640/8€839€528
Gross operating margin9900€17k€3k
Operating profit (loss)9901€16k€2k
Financial income75/76B€350€622
Recurring financial income75€350€622
Financial charges65/66B€41€43
Recurring financial charges65€41€43
Profit (loss) for the period before taxes9903€17k€3k
Income taxes67/77€5k€790
Profit (loss) for the period9904€11k€2k
Profit (loss) for the period to be appropriated9905€11k€2k
Appropriation of the result
Profit (loss) to be appropriated9906€13k€3k
Profit (loss) brought forward from the previous period14P€2k€1k
Transfer to equity691/2€11k€2k
To other reserves6921€11k€2k
Profit to be distributed694/7€800€859
Return on contributions (dividend)694€800€859

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
20-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €2k ▼83.5%
Net result drops to €2k, the lowest in the series.
21-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
24-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Equity above €100kEq €105k ▲6.5%
2 profitable years in a row build equity to €105k.
01-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
12-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 43 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Deinze · 1 establishment unit since 2007
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Zeistraat 289850 Deinze
Ground area
1,774 m²
Building footprint
164 m²
Volume, LiDAR
843 m³
Parcel 44049C0470/00B000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
-
Zeistraat 28, 9850 DeinzeNACE 2911001
since 20072.160.591.559
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44049C0470/00B000 Flanders 1,774 m² 1 · 164 m² 8.2 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 11,555 companies in sector 71121 we hold annual accounts for 6,562. 5,240 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded27-02-2007
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
74203
69109Other legal services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Phone:09/3718210
Establishment Deinze 2.160.591.559