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Generated 24-07-2026
Active BE 0761.899.465Public limited company

TANDEM PROJECTS

Ulensstraat 30 ·1080 Sint-Jans-Molenbeek, Belgium· 5 yrs active
Sector: NACE 82990 (82990)
Conclusion Checked

The computed 12-month bankruptcy probability of TANDEM PROJECTS is 1.5% (low). The 2024 annual accounts show equity of €93k and a net result of €-20k. Equity is shrinking by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 52% of 3159 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €93k
Net result €-20k
Better than sector 52%
Active 5 yrs
Snowflake analysis 5 axes · computed by Checked
Health47Profitability0Solvency84Growth32Stability94
51 / 100

Mixed profile: strong on stability, weaker on profitability.

Health 47
Profitability 0
Solvency 84
Growth 32
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
1.5% Low
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate region +Lower-failure-rate sector −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
47 / 100 Fair
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview4 NBB filings
Annual accounts filed on 30-09-2025 with the NBB · fiscal year 2024 · micro
€-40k€-20k€0€20k€40kOperating result 2021: €47k€47kNet result 2021: €37k€37kOperating result 2022: €32k€32kNet result 2022: €25k€25kOperating result 2023: €-11k€-11kNet result 2023: €-10k€-10kOperating result 2024: €-20k€-20kNet result 2024: €-20k€-20k2021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~5.5%/year over 4 fiscal years, indicative, assuming unchanged policy.
€40k€60k€80k€100k€120k2025: €95k (€78k - €111k)2026: €89k (€62k - €115k)2027: €83k (€46k - €120k)2021: €99k2022: €123k2023: €114k2024: €93k2021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 82 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 55.3% 53.8%
better than 52% of 3159 sector peers
Net result €-20k €18k
better than 5% of 3158 sector peers
Equity €93k €40k
better than 74% of 3161 sector peers
Gross operating margin €-5k €36k
better than 7% of 3158 sector peers
Total assets €168k €93k
better than 71% of 3164 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-5k
- far below sector median
Net profit
€-20k
-106.5% far below sector median
Cash flow
€-5k
- far below sector median
Total assets
€168k
-7.9% +19% vs sector
Equity
€93k
-18.0% -4% vs sector
Working capital
€32k
-13.9% -60% vs sector
Income taxes
€140
- -96% vs sector
Debt
€75k
+8.8% -5% vs sector
Debt ≤ 1y
€75k
+8.8% +39% vs sector
Current ratio
1.43
-7.3% -78% vs sector
Quick ratio
1.43
-7.3% -63% vs sector
Solvency
55.3%
-11.0% +26% vs sector
Debt / equity
0.81
+32.8% +19% vs sector
ROE
-22.0%
-151.9% far below sector median
ROA
-12.2%
-124.1% far below sector median
Interest coverage
-112.25
- far below sector median
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€-5k
Net profit€-20k
Cash flow€-5k
Staff costs-
Income taxes€140
Dividends-
Total assets€168k
Equity€93k
Debt€75k
of which ≤ 1y€75k
of which > 1y-
Working capital€32k
Employees (FTE)-
Ratios (computed)
2024
Current ratio1.43
Quick ratio1.43
Working capital ratio19.2%
Solvency55.3%
Debt / equity0.81
Long-term debt ratio-
Interest coverage-112.25
Gross margin-
Net margin-
ROA-12.2%
ROE-22.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€168k
Fixed assets 21/28€61k
Tangible fixed assets 22/27€11k
Financial fixed assets 28€50k
Current assets 29/58€107k
Amounts receivable within one year 40/41€106k
Cash & bank 54/58€1k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€168k
Equity 10/15€93k
Contributions / capital 10/11€62k
Reserves 13€3k
Accumulated profits (losses) 14€28k
Amounts payable 17/49€75k
Amounts payable within one year 42/48€75k
Trade debts payable within one year 44€1k
Income statement
Gross operating margin 9900€-5k
Operating result 9901€-20k
Financial charges 65€45
Result before taxes 9903€-20k
Income taxes 67/77€140
Net result for the period 9904€-20k
Result to be appropriated 9905€-20k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary 82990
Legal form Public limited company(014)
Incorporation21-01-2021
StatusActive
Postal code1080
Establishment units 1 location
TANDEM PROJECTS
Molenweg 72, 1780 WemmelVerhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
since 20212.312.548.888
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
22005A0709/00F000 Flanders 1,067 m² 1 · 257 m² 6.1 m · 1 fl.
21012A0173/00M003 Brussels 326 m² 1 · 310 m² 18.4 m · 6 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
30-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
25-11-2024
State Gazette act Registered-office change
12-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
25-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
31-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
Belgisch Staatsblad, acts 1 acts
Address history · 1
25-11-2024
Registered-office move
All acts · 1 updated 1 year ago
2024
25-11-2024 Registered office moved to Sint-Jans-Molenbeek Registered-office change
  • Molenweg 72 - 1780 Wemmel → Ulensstraat 30 bus 14, 1080 Sint-Jans-Molenbeek
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Ulensstraat 30 bus 14, 1080 Sint-Jans-Molenbeek",
        "city": "Sint-Jans-Molenbeek",
        "region": "brussels_hoofdstedelijk_gewest",
        "street": "Ulensstraat",
        "country": "BE",
        "postcode": "1080",
        "box_number": "14",
        "street_number": "30",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Molenweg 72 - 1780 Wemmel",
        "city": null,
        "region": null,
        "street": null,
        "country": "BE",
        "postcode": null,
        "box_number": null,
        "street_number": null,
        "locality_suffix": null
      },
      "effective_date": "2024-08-22",
      "evidence_quote": "",
      "region_changed": true,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": true,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-11-25",
    "filing_date": null,
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "enige_bestuurder",
    "date": null,
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0761.899.465",
    "name_full": "TANDEM PROJECTS",
    "legal_form": "NV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Aart Joppe",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": []
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990Overige rechtskundige dienstverlening69109Overige rechtskundige dienstverlening69109
Primary activity highlighted.
Names & trade names
Legal nameNL TANDEM PROJECTS
Registered office
Ulensstraat 30 bus 14
1080 Sint-Jans-Molenbeek, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative