TANGO

Active

Private limited companyfounded 20233 yrs activeSint-Paulusplaats 26, 2000 Antwerpen, BelgiumKBO/BCE: BE 0805.009.334

The computed 12-month bankruptcy probability of TANGO is 7.9% (elevated). The 2025 annual accounts show negative equity (€-42k) and a net result of €-82k. Its solvency ranks better than 22% of 12927 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

7 / 100

Critical▼ -31 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100▲+100

Solvency33▼-10

Growth32

Stability94

Bankruptcy probability, 12 months

7.9% Elevated

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.38 against 2.04 in 2024), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

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

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

-9.2%

Return on assets

-17.6%

Age of the figures

8 mo

Negative equity

Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).

NBB · annual accounts 2025

Equity per financial year

2425

2024 to 2025 · latest year -€42k

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 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 · 2 filings

Deviation from the deadline

2025

14 d late

2024

6 d early

← before the deadline after the deadline →

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.

Companies Code · seven months

Position in the running window

10-09-2026 today31-12-2026 close31-07-2027 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 2025, micro schema

Equity

€-42k

2024 · €39k

2024: €39k

2024 → 2025

Total assets

€464k▲ 78.3%

2024 · €260k

2024: €260k

2024 → 2025

Net result

€-82k▼ 663%

2024 · €-11k

2024: €-11k

2024 → 2025

Working capital

€-156k

2024 · €21k

2024: €21k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€39k-€-42k

Operating result€-2k-€-69k▼ 3,330%

Net result€-11k-€-82k▼ 663%

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

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €69k in 2025 against €2k in 2024; the loss grows.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €464k

79.6%

20.4%

Fixed assets €370k▲ 69.0%

Current assets €95k▲ 127%

Key figures and ratios

2025 value · change against 2024

EBITDA

€-22k▼

2024 · €22k

Cash flow

€-35k▼

2024 · €13k

Solvency

-9.2%▼

2024 · 15.1%

Current ratio

0.38▼

2024 · 2.04

Quick ratio

0.16▼

2024 · 0.32

Debt / equity

-11.92▼

2024 · 5.63

ROE

192.5%▲

2024 · -27.3%

ROA

-17.6%▼

2024 · -4.1%

Interest coverage

-1.70▼

2024 · 2.49

Debt

€507k▲

2024 · €221k

Debt ≤ 1 year

€250k▲

2024 · €20k

Debt > 1 year

€220k▲

2024 · €160k

Staff costs

€267k▲

2024 · €63k

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€260k€464k▲

Fixed assets21/28€219k€370k▲

Intangible fixed assets21€33k€91k▲

Tangible fixed assets22/27€184k€276k▲

Land and buildings22-€14k

Plant, machinery and equipment23€82k€103k▲

Furniture and vehicles24€26k€39k▲

Other tangible fixed assets26€76k€121k▲

Financial fixed assets28€2k€3k▲

Current assets29/58€42k€95k▲

Stocks and contracts in progress3€35k€54k▲

Stocks30/36€35k€54k▲

Amounts receivable within one year40/41€2k€2k▲

Trade receivables40-€2k

Other amounts receivable41€2k€299▼

Cash at bank and in hand54/58€3k€37k▲

Deferred charges and accrued income490/1€1k€2k▲

Equity and liabilities

Total equity and liabilities10/49€260k€464k▲

Equity10/15€39k€-42k▼

Contributions10/11€50k€50k=

Profit (loss) carried forward14€-11k€-92k▼

Amounts payable17/49€221k€507k▲

Amounts payable after more than one year17€160k€220k▲

Financial debts170/4€110k€170k▲

Other amounts payable178/9€50k€50k=

Amounts payable within one year42/48€20k€250k▲

Current portion of amounts payable after more than one year42-€87k

Financial debts43€266-

Credit institutions430/8€266-

Trade debts44-€85k

Suppliers440/4-€85k

Taxes, remuneration and social security45€20k€75k▲

Taxes450/3€19k€20k▲

Remuneration and social security454/9€1k€56k▲

Other amounts payable47/48-€3k

Accrued charges and deferred income492/3€41k€36k▼

Income statement Code20242025

Remuneration, social security and pensions62€63k€267k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€47k▲

Other operating charges640/8€3k€631▼

Gross operating margin9900€88k€246k▲

Operating profit (loss)9901€-2k€-69k▼

Financial income75/76B€64-

Recurring financial income75€64-

Financial charges65/66B€9k€13k▲

Recurring financial charges65€9k€13k▲

Profit (loss) for the period before taxes9903€-11k€-82k▼

Profit (loss) for the period9904€-11k€-82k▼

Profit (loss) for the period to be appropriated9905€-11k€-82k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-11k€-92k▼

Profit (loss) brought forward from the previous period14P-€-11k

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

14-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 14 days late

2025

25-07

NBB filing Annual accounts filed

fiscal year 2024 · 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Antwerpen · 2 establishment units since 2023

exact location from the address register On OpenStreetMap

Ground area

434 m²

Building footprint

203 m²

Volume, LiDAR

2,743 m³

2 parcels, Flanders · tallest building 19.0 m, ±5 floors. Linked by address, not a title deed.

2 establishment units

TANGO

Sint-Paulusplaats 26, 2000 AntwerpenRetail sale of beverages, general range

since 20232.348.515.104

Tango

Sint-Paulusplaats 25, 2000 AntwerpenFull-service restaurants

since 20252.374.713.814

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11002A2003/00M000	Flanders	365 m²	1 · 134 m²	19.0 m · 5 fl.
11002A2003/00N000	Flanders	69 m²	1 · 69 m²	16.3 m · 5 fl.

Linked by address, not proof of ownership

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.

Similar companies · same sector, comparable size

MINA BD

BE 0800.934.245

Gent · Eq €39k

BRASSERIE LE COQ WALLON

Of 20,233 companies in sector 56111 we hold annual accounts for 11,307. 9,576 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded22-08-2023

Fiscal year end31-12

Activities, NACEBEL

56111Full-service restaurants

56301Cafés and bars

47252Retail sale of beverages, general range

56102Limited-service restaurants

56112Limited-service restaurants, excluding mobile food services

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.