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TANGHE GRAPHIX

Active
Private limited companyfounded 200619 years activeIndustriellaan(Kom) 20, 7780 Comines-Warneton, BelgiumKBO/BCE: BE 0885.859.131
Summary

TANGHE GRAPHIX has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €978,888 and a net result of -€14,318. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 72% of 357 sector peers (NACE 18, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Printing and reproduction of recorded media
NACE 18110
#8 company by equity in Hainaut, Printing sector1 site
Size
€1.5mtotal assets 2025
Equity
€978,888
Loss
-€14,318
Financial health
94 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.1%
Structure
Parent
INDIGO · 99.5%
Board
3 members
Accounts 32 days early1 of 4 deeds read
Why 94- Sector Printing and reproduction of recorded media (NACE 18)+ Size: total assets €1.5m+ Founded in 2006+ Figures for FY 2025 (filed 29-06-2026)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 49% of its sector peers (NACE 18, micro)
Financial strength · tick = 2024
Strong
Solvency 89+29
equity 63.6% of total assets
Liquidity 61+35
short-term debt 16.0% · cash 11.7%
Profitability 66-9
return on assets -0.9%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,610 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.4%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.2 percentage points vs 06-2025 08-2025: 0.9%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -0.6 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.1%▼ -0.3 percentage points vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit up to €90,000 at 30 days acceptable
Liquidity short (current ratio 0.98 against 0.75 in 2024; short-term debt: 16% and cash: 11.7% of total assets), and 36.4% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 18, micro): better than 64% on solvency, 57% on liquidity, 39% on profitability and 38% on growth.

The bankruptcy probability was computed on 06-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €1.5m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2006
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Figures for FY 2025 (filed 29-06-2026)
NBB · annual accounts
raises risk · Sector Printing and reproduction of recorded media (NACE 18)
KBO
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
22 days late
2023
29 days late
2022
90 days early
2021
111 days early
2020
54 days early
2019
53 days early
← 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 41 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% 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 29 June (4 of the last 5 filed years within 62 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Resignations: INDIGO, Carine d'Ennetières and Claudie…Appointments: FA Proprietas, Marc Mahieu…
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Caution: From profit to loss in 2025after €154,666 in 2024 -€14,318 View
  • Caution: Board changedlatest change 27-05-2026 · 3 in office 3 joined · 3 left View
  • Caution: Among the weakest 19% on net resultsector median €12,167 · 357 companies -€14,318 View
  • Controlled by INDIGO 99.5% View

By topic

Financials

Fiscal year
2025
Total assets
€1.5m
Loss
-€14,318
Solvency
63.6%
Total assets▼ 46.5%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 31-12-2024Back to profit
  2. 29-08-2024Annual accounts filed
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Printing and reproduction of recorded mediaNACE 18110
Founded
19-12-2006
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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