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TANGETEC

Active
Private limited companyfounded 20242 yrs activeZur Domäne 51, 4750 Bütgenbach, BelgiumKBO/BCE: BE 1009.488.797
Summary

TANGETEC has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €57,970 and a net result of €52,970. Its solvency ranks better than 50% of 31958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes
Profitability100
Solvency81
Growth-
Track record67
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity tight (current ratio 1.26; short-term debt: 43.9% and cash: 47.4% of total assets), and 43.9% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
56.1%
Return on assets
51.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 22-07-2026, 9 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
9 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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

History

TANGETEC was incorporated on 17 May 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€57,970
Total assets
€103,291
Net result
€52,970
Working capital
€11,905

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

Balance-sheet composition
Assets €103,291
Fixed assets €46,066
Current assets €57,225
Equity and liabilities €103,291
Equity €57,970
Debt €45,321
Debt finances 43.9% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
1.26
Quick ratio
1.24
Debt to equity
0.78
ROE
91.4%
ROA
51.3%
Debt ≤ 1 year
€45,321
Income taxes
€13,239

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% 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 0.4% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.9%
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 39,278 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
Filed annual accounts As filed with the NBB · 2025 · 30 lines
Balance sheet Code2025
Assets
Total assets20/58€103,291
Fixed assets21/28€46,066
Tangible fixed assets22/27€46,066
Assets under construction and advance payments27€46,066
Current assets29/58€57,225
Stocks and contracts in progress3€1,116
Stocks30/36€1,116
Amounts receivable within one year40/41€7,088
Trade receivables40€7,088
Cash at bank and in hand54/58€48,947
Deferred charges and accrued income490/1€75
Equity and liabilities
Total equity and liabilities10/49€103,291
Equity10/15€57,970
Contributions10/11€5,000
Profit (loss) carried forward14€52,970
Amounts payable17/49€45,321
Amounts payable within one year42/48€45,321
Trade debts44€32,082
Suppliers440/4€32,082
Taxes, remuneration and social security45€13,239
Taxes450/3€13,239
Income statement Code2025
Gross operating margin9900€66,375
Operating profit (loss)9901€66,375
Financial charges65/66B€166
Recurring financial charges65€166
Profit (loss) for the period before taxes9903€66,209
Income taxes67/77€13,239
Profit (loss) for the period9904€52,970
Profit (loss) for the period to be appropriated9905€52,970
Appropriation of the result
Profit (loss) to be appropriated9906€52,970

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Gross operating margin9900€66,375
Operating profit (loss)9901€66,375
Financial charges65/66B€166
Recurring financial charges65€166
Profit (loss) for the period before taxes9903€66,209
Income taxes67/77€13,239
Profit (loss) for the period9904€52,970
Profit (loss) for the period to be appropriated9905€52,970
Line2025
Assets
Total assets20/58€103,291
Fixed assets21/28€46,066
Tangible fixed assets22/27€46,066
Assets under construction and advance payments27€46,066
Current assets29/58€57,225
Stocks and contracts in progress3€1,116
Stocks30/36€1,116
Amounts receivable within one year40/41€7,088
Trade receivables40€7,088
Cash at bank and in hand54/58€48,947
Deferred charges and accrued income490/1€75
Equity and liabilities
Total equity and liabilities10/49€103,291
Equity10/15€57,970
Contributions10/11€5,000
Profit (loss) carried forward14€52,970
Amounts payable17/49€45,321
Amounts payable within one year42/48€45,321
Trade debts44€32,082
Suppliers440/4€32,082
Taxes, remuneration and social security45€13,239
Taxes450/3€13,239
Line2025
Profit (loss) for the period9904€52,970
Operating cash flow (approximation)€52,970

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
22-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Bütgenbach · 1 establishment unit since 2024
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.

Zur Domäne 514750 Bütgenbach
1 establishment unit
TANGETEC
Zur Domäne 51, 4750 BütgenbachRepair and maintenance of machinery
since 20242.361.391.853

Similar companies · same sector, comparable size

Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 38,850 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
Founded17-05-2024
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:1009488797
Registered 13-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.