TANGER COIF

Open bankruptcy

Private limited companyfounded 2017Stalingradlaan 52, 1000 Brussel, BelgiumKBO/BCE: BE 0668.741.061

A bankruptcy procedure is open for TANGER COIF according to publications in the Belgian State Gazette; curator: ANTHONY BOCHON. The 2024 annual accounts show equity of €2k and a net result of €-36.

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Signals

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

+raises risk○neutral

The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.

KBO · legal situation

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Belgian State Gazette

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 8 filings

Deviation from the deadline

2025

not confirmed

2024

31 d late

2023

29 d late

2022

31 d late

2021

24 d late

2020

26 d early

2019

83 d late

← 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

Turnover

€33k▼ 16.5%

2023 · €40k

2018: €23k 2020: €14k 2022: €22k 2023: €40k

2018 → 2024

EBIT margin

0.3%▲ 2.2pp

2023 · -1.9%

2018: -4.2% 2020: -23.6% 2022: -17.0% 2023: -1.9%

2018 → 2024

Net result

€-36▲ 96.1%

2023 · €-909

2018: €-1k 2019: €-582 2020: €-3k 2021: €6k 2022: €-4k 2023: €-909

2018 → 2024

Working capital

€2k▲ 13.7%

2023 · €2k

2018: €4k 2020: €1k 2022: €2k 2023: €2k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€14k-€22k€40k▲ 79.2%€33k▼ 16.5%

Equity€1k-€7k▲ 413%€3k▼ 54.9%€2k▼ 27.8%€2k▼ 1.5%

Operating result€-3k-€6k€-4k€-739▲ 80.4%€114

Net result€-3k-€6k€-4k€-909▲ 77.2%€-36▲ 96.1%

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

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €114 after a loss of €739 in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €5k

94.5%

Fixed assets €282▼ 50.0%

Current assets €5k▲ 38.0%

Equity and liabilities €5k

45.7%

54.3%

Equity €2k▼ 1.5%

Debt €3k▲ 63.9%

The debt ratio rises from 41.6% to 54.3%. Equity is lower and debt is higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€396▲

2023 · €-456

Cash flow

€247▲

2023 · €-627

Solvency

45.7%

Current ratio

1.74

Quick ratio

1.74

Debt / equity

1.19

ROE

-1.5%

ROA

-0.7%

Interest coverage

2.65▲

2023 · -2.58

Debt

€3k▲

2023 · €2k

Debt ≤ 1 year

€3k▲

2023 · €2k

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€4k€5k▲

Fixed assets21/28€565€282▼

Tangible fixed assets22/27€565€282▼

Furniture and vehicles24€565€282▼

Current assets29/58€3k€5k▲

Amounts receivable within one year40/41€451€4k▲

Other amounts receivable41€451€4k▲

Cash at bank and in hand54/58€3k€722▼

Equity and liabilities

Total equity and liabilities10/49€4k€5k▲

Equity10/15€2k€2k▼

Contributions10/11€6k€6k=

Reserves13€15€15=

Non-distributable reserves130/1€15€15=

Reserves not available under the articles1311€15€15=

Profit (loss) carried forward14€-4k€-4k▼

Amounts payable17/49€2k€3k▲

Amounts payable within one year42/48€2k€3k▲

Trade debts44€2k€3k▲

Suppliers440/4€2k€3k▲

Income statement Code20232024

Turnover70€40k€33k▼

Goods, raw materials, services and sundry goods60/61€40k€33k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€282€282=

Gross operating margin9900€-456€396▲

Operating profit (loss)9901€-739€114▲

Financial income75/76B€6-

Recurring financial income75€6-

Financial charges65/66B€177€150▼

Recurring financial charges65€177€150▼

Profit (loss) for the period before taxes9903€-909€-36▲

Profit (loss) for the period9904€-909€-36▲

Profit (loss) for the period to be appropriated9905€-909€-36▲

Appropriation of the result

Profit (loss) to be appropriated9906€-4k€-4k▼

Profit (loss) brought forward from the previous period14P€-3k€-4k▼

The notes to these accounts (4 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

All 11Signals 1Financial 2Filings 8

2026

16-02

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · SRL TANGER COIF AVENUE DE STALINGRAD 52, 1000 BRUXELLES · event 09-02-2026

2025

31-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 31 days late

2024

29-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 29 days late

2023

31-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 31 days late

2022

31-12

Financial Weakest financial yearnet €-4k ▼168%

Net result drops to €-4k, the lowest in the series.

24-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 24 days late

2021

31-12

Financial Back to profitnet €6k

Net result €6k after 3 loss-making years.

05-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

22-10

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 83 days late

2019

31-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 31 days late

2018

26-07

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2023

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

21-12-2023 MAHJOUBI Brahim: Resigned as Manager

18-10-2018 El Âdfaoui Bouâzza: Resigned as Managing director

Location & real-estate footprint

Registered office, Brussel

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.

Stalingradlaan 521000 Brussel

Ground area

336 m²

Building footprint

340 m²

Volume, LiDAR