Active BE 0431.709.089Public limited company

TANGO

Lange Lobroekstraat 176 ·2060 Antwerpen, Belgium· 39 yrs active

Sector: Construction of buildings (41001)

Conclusion Checked

The file of TANGO contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 0.8% (low). The 2024 annual accounts show negative equity (€-46k) and a net result of €4k. Equity is shrinking by ~21.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 3827 sector peers (fiscal year 2024).

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€-46k
Net result	€4k
Better than sector	5%
Active	39 yrs

Snowflake analysis 5 axes · computed by Checked

40 / 100

Fragile profile, watch health in particular.

Health 8

Profitability 18

Solvency 33

Growth 58

Stability 85

Bankruptcy probability (12 mo) Checked model v1 · free

0.8% Low

0%0,5%1,5%4%10%≥25%

Long track record −Annual accounts: weaker financial profile +Higher-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

20 / 100

Moderate risk

Components

· 2 historical bankruptcy publications (+20)

Trust signals 1 signals

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2024 · computed

8 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 19-10-2025 with the NBB · fiscal year 2024 · micro

RevenueOperating 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 ~21.2%/year over 6 fiscal years, indicative, assuming unchanged policy.

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 41, Construction of buildings · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-149.1%	39.4%	better than 5% of 3827 sector peers
Net result	€4k	€9k	better than 38% of 3824 sector peers
Equity	€-46k	€29k	better than 5% of 3832 sector peers
Gross operating margin	€5k	€26k	better than 19% of 3822 sector peers
Total assets	€31k	€85k	better than 19% of 3828 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€231k

- 18-24

Net profit

€4k

- 18-24

Total assets

€31k

+261802.1% 18-24

Equity

€-46k

+11.1% 18-24

Working capital

€-46k

+11.1% 18-24

Income taxes

€2k

- 18-24

Debt

€76k

+48.5% 18-24

Debt ≤ 1y

€76k

+48.5% 18-24

Current ratio

0.40

+176224.3% 18-24

Quick ratio

0.40

+176224.3% 18-24

Solvency

-149.1%

+100.0% 18-24

Debt / equity

-1.67

-67.0% 18-24

ROE

-9.7%

- 18-24

ROA

14.4%

- 18-24

Net margin

1.9%

- 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Revenue	€231k
EBITDA	-
Net profit	€4k
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€31k
Equity	€-46k
Debt	€76k
of which ≤ 1y	€76k
of which > 1y	-
Working capital	€-46k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	0.40
Quick ratio	0.40
Working capital ratio	-149.1%
Solvency	-149.1%
Debt / equity	-1.67
Long-term debt ratio	-
Interest coverage	-
Gross margin	2.0%
Net margin	1.9%
ROA	14.4%
ROE	-9.7%
EBITDA margin	-
Days sales outstanding	42d
Days payable outstanding	50d
Inventory turnover	-
Days inventory (DSI)	-

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€31k
Current assets	29/58	€31k
Amounts receivable within one year	40/41	€27k
Cash & bank	54/58	€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€31k
Equity	10/15	€-46k
Contributions / capital	10/11	€62k
Reserves	13	€17k
Accumulated profits (losses)	14	€-124k
Amounts payable	17/49	€76k
Amounts payable within one year	42/48	€76k
Trade debts payable within one year	44	€31k
Income statement
Turnover	70	€231k
Gross operating margin	9900	€5k
Operating result	9901	€5k
Financial income	75	€0
Financial charges	65	€254
Result before taxes	9903	€4k
Net result for the period	9904	€4k
Result to be appropriated	9905	€4k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	LIESBET JACOBS POPULIERENLAAN 43, 2630 AARTSE- LAAR	06-07-2022 → present	Belgian State Gazette

Legal Structure

NACE primary	Construction of buildings(41001)
Legal form	Public limited company(014)
Incorporation	31-07-1987
Status	Active
Postal code	2060
First BS signal	13-07-2022
Latest BS signal	13-09-2022

Company structure, linked entities1 linked entities

Mandates

Establishment units 1 location

Lange Lobroekstraat 176, 2060 Antwerpen

Slopen van gebouwen en andere bouwwerken

since 19872.029.839.618

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 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11807G0307/00M000	Flanders	49 m²	1 · 49 m²	13.0 m · 4 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 15 events

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

2025

19-10-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

2023

28-12-2023

State Gazette act Director changes

24-08-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

28-03-2023

State Gazette act Director changes

17-02-2023

NBB filing Annual accounts filed

fiscal year 2021 · micro

2022

13-09-2022

Bankruptcy Bankruptcy reversal

Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · TANGO NV LANGE LOBROEKSTRAAT 176, 2060 ANTWERPEN 6 · event 08-09-2022

13-07-2022

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · TANGO NV LANGE LOBROEK- STRAAT 176, 2060 ANTWERPEN 6 · event 06-07-2022

12-04-2022

State Gazette act Director changes

correction

22-02-2022

NBB filing Annual accounts filed

fiscal year 2020 · micro

2020

31-10-2020

NBB filing Annual accounts filed

fiscal year 2019 · micro

30-10-2020

NBB filing Annual accounts filed

fiscal year 2018 · micro

12-05-2020

NBB filing Annual accounts filed

fiscal year 2017 · micro

2017

31-08-2017

NBB filing Annual accounts filed

fiscal year 2016 · micro

2016

31-08-2016

NBB filing Annual accounts filed

fiscal year 2015 · verkort

2015

28-08-2015

NBB filing Annual accounts filed

fiscal year 2014 · verkort

Lifecycle & Insolvency Signals 2 events

13-09-2022

Bankruptcy Bankruptcy reversal

Date: 08-09-2022 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · TANGO NV LANGE LOBROEKSTRAAT 176, 2060 ANTWERPEN 6 · Publications in State Gazette ↗

13-07-2022

Bankruptcy Opening

Date: 06-07-2022 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · TANGO NV LANGE LOBROEK- STRAAT 176, 2060 ANTWERPEN 6 · Publications in State Gazette ↗

Time machine, BS events + macro context 2021, 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgisch Staatsblad, acts 3 acts

All acts · 3 updated 2 years ago

2023

28-12-2023 3 resigning Director changes

Kaczynski Michal, Bestuurder
Rymaruk Serhii, Bestuurder
ZAKREVSKYI Andrii, Bestuurder

Original publication ↗

Technical details

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28-03-2023 1 director appointed, 1 resigning Director changes

ZAKREVSKYI Andrii, Bestuurder
Serkowski Mariusz, Bestuurder

Original publication ↗

Technical details

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        "address": "Deurnestraat 355- 2640 Mortsel",
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2022

12-04-2022 2 resigning Director changescorrection

Peter Verstappen, Bestuurder
Peter Verstappen, Gedelegeerd bestuurder

Original publication ↗

Technical details

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Company registry (CBE) Crossroads Bank

Activities

Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201

Primary activity highlighted.

Names & trade names

Legal nameNL

TANGO

Registered office

Lange Lobroekstraat 176

2060 Antwerpen, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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