TANGO
ActiveSummary
The computed 12-month bankruptcy probability of TANGO is 3.4% (moderate). The 2025 annual accounts show negative equity (-€42,494) and a net result of -€81,781. Its solvency ranks better than 22% of 16,833 sector peers (NACE 56, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 14.9 FTE
- Equity
- -€42,494
- Loss
- -€81,781
- DE BOECK, Sebastien Kristel XavierDirector
- MONDT, Aram Maurits Jules HugoDirector
Why 48raises riskSector: Food and beverage service activities (NACE 56)Founded in 2023Loss of €81,781, the second in a row (financial year 2025)lowers riskSize: total assets €464,217Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 56, micro): better than 22% on solvency, 27% on liquidity, 8% on profitability and 4% on growth.
The bankruptcy probability was computed on 25-10-2026 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
This company filed its last 2 accounts on average 4 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- IncorporationAppointments: DE BOECK, Sebastien Kristel…
Financials · financial year 2025, micro format
2025 annual accounts filed late (14 days) Filed on 14 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00400519.
2024 to 2025, 2 financial years
The operating result stays negative: a loss of €68,737 in 2025 against €2,004 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 490 companies that looked in July 2024 the way this one looks now, 6.7% went bankrupt within 24 months and 88.8% are still going.
- Small
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.4% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 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 74.5% 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 490 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €63,489 | €267,477 | ▲ 321% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23,848 | €46,506 | ▲ 95.0% |
| Other operating charges640/8 | €2,904 | €631 | ▼ 78.3% |
| Gross operating margin9900 | €88,238 | €245,877 | ▲ 179% |
| Operating profit (loss)9901 | -€2,004 | -€68,737 | ▼ 3,330% |
| Financial income75/76B | €64 | - | - |
| Recurring financial income75 | €64 | - | - |
| Financial charges65/66B | €8,774 | €13,044 | ▲ 48.7% |
| Recurring financial charges65 | €8,774 | €13,044 | ▲ 48.7% |
| Profit (loss) for the period before taxes9903 | -€10,714 | -€81,781 | ▼ 663% |
| Profit (loss) for the period9904 | -€10,714 | -€81,781 | ▼ 663% |
| Profit (loss) for the period to be appropriated9905 | -€10,714 | -€81,781 | ▼ 663% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €260,424 | €464,217 | ▲ 78.3% |
| Fixed assets21/28 | €218,712 | €369,576 | ▲ 69.0% |
| Intangible fixed assets21 | €32,822 | €90,707 | ▲ 176% |
| Tangible fixed assets22/27 | €183,869 | €276,356 | ▲ 50.3% |
| Land and buildings22 | - | €14,166 | - |
| Plant, machinery and equipment23 | €82,097 | €102,512 | ▲ 24.9% |
| Furniture and vehicles24 | €25,972 | €39,010 | ▲ 50.2% |
| Other tangible fixed assets26 | €75,800 | €120,668 | ▲ 59.2% |
| Financial fixed assets28 | €2,021 | €2,512 | ▲ 24.3% |
| Current assets29/58 | €41,712 | €94,641 | ▲ 127% |
| Stocks and contracts in progress3 | €35,230 | €53,695 | ▲ 52.4% |
| Stocks30/36 | €35,230 | €53,695 | ▲ 52.4% |
| Amounts receivable within one year40/41 | €2,068 | €2,234 | ▲ 8.0% |
| Trade receivables40 | - | €1,935 | - |
| Other amounts receivable41 | €2,068 | €299 | ▼ 85.5% |
| Cash at bank and in hand54/58 | €3,148 | €36,564 | ▲ 12× |
| Deferred charges and accrued income490/1 | €1,266 | €2,148 | ▲ 69.7% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €260,424 | €464,217 | ▲ 78.3% |
| Equity10/15 | €39,286 | -€42,494 | - |
| Contributions10/11 | €50,000 | €50,000 | = |
| Profit (loss) carried forward14 | -€10,714 | -€92,494 | ▼ 763% |
| Amounts payable17/49 | €221,138 | €506,711 | ▲ 129% |
| Amounts payable after more than one year17 | €159,956 | €220,034 | ▲ 37.6% |
| Financial debts170/4 | €109,956 | €170,034 | ▲ 54.6% |
| Other amounts payable178/9 | €50,000 | €50,000 | = |
| Amounts payable within one year42/48 | €20,400 | €250,487 | ▲ 12× |
| Current portion of amounts payable after more than one year42 | - | €86,658 | - |
| Financial debts43 | €266 | - | - |
| Credit institutions430/8 | €266 | - | - |
| Trade debts44 | - | €84,879 | - |
| Suppliers440/4 | - | €84,879 | - |
| Taxes, remuneration and social security45 | €20,134 | €75,477 | ▲ 275% |
| Taxes450/3 | €18,968 | €19,919 | ▲ 5.0% |
| Remuneration and social security454/9 | €1,166 | €55,558 | ▲ 48× |
| Other amounts payable47/48 | - | €3,473 | - |
| Accrued charges and deferred income492/3 | €40,782 | €36,190 | ▼ 11.3% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€10,714 | -€81,781 | ▼ 663% |
| + Depreciation and write-downs630 | €23,848 | €46,506 | ▲ 95.0% |
| Operating cash flow (approximation) | €13,134 | -€35,275 | - |
| Investment in fixed assets (approximation) | - | -€197,370 | - |
| Change in cash | - | €33,415 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 14-08-2026 | 2026-00400519 |
| 31-12-2024 | micro format | 25-07-2025 | 2025-00326531 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DE BOECK, Sebastien Kristel Xavier |
|
| MONDT, Aram Maurits Jules Hugo |
|
Owners and capital
Capital and shareholders
- DE BOECK, Sebastien Kristel Xavier €25,000
- MONDT, Aram Maurits Jules Hugo €25,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 24-08-2023 Incorporation · 1,000 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
24-08
Gazette deed
IncorporationAppointments: DE BOECK, Sebastien Kristel Xavier (director) and MONDT, Aram Maurits Jules Hugo (director) · Founder · Founding capital6 facts ▸
- Incorporation, “TANGO” (deed in Dutch)
- Founder, DE BOECK, Sebastien Kristel Xavier
- Founder, MONDT, Aram Maurits Jules Hugo
- Founding capital
- Director appointment, DE BOECK, Sebastien Kristel Xavier (director (not named in the articles))
- Director appointment, MONDT, Aram Maurits Jules Hugo (director (not named in the articles))
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesEnvironmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
2 establishment units
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11002A2003/00M000 | Flanders | 365 m² | 1 · 134 m² | 19.0 m · 5 |
| 11002A2003/00N000 | Flanders | 69 m² | 1 · 69 m² | 16.3 m · 5 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Uitbaten van een foodbar met de focus op tapdrinks en barbites in de meeste ruime zin; Andere drinkgelegenheden; Detailhandel in dranken…” (deed in Dutch)
40 activities (deed in Dutch)
- Uitbaten van een foodbar met de focus op tapdrinks en barbites in de meeste ruime zin.
- Andere drinkgelegenheden.
- Detailhandel in dranken (cocktails,bieren,wijnen,…).
- Eetgelegenheden met beperkte bediening.
- Markt- en straathandel in voedings- en genotmiddelen.
- Verkoop aan de toog of via telefoon,internet van eetwaren en dranken: snelbuffetten,snackbars,sandwichbars,enz.
- Klaarmaken,thuisbezorgen en eventueel serveren van maaltijden en dranken.
- Het bereiden van allerlei spijzen en dranken als tafelhouders,het kopen,verkopen,bewerken en verwerken van allerlei eetwaren en dranken.
- Cateringdiensten.
- Wijntastings en alle andere soorten degustaties.
- Organiseren en verzorgen van bruiloften,banketten,cocktails,lunches,recepties,enz.
- In het algemeen,het verrichten van alle commerciële handelingen die in verband staan met de horeca en dit zonder enige uitzondering.
- Verhuur en lease van vaat- en glaswerk,keuken- en tafelgerei,elektrische huishoudapparaten en andere huishoudelijke benodigdheden.
- Verhuur en lease van andere consumentenartikelen.
- De groot- en kleinhandel,import en export,handelsbemiddeling,aan- en verkoop van alle mogelijke gerechten en dranken en allerlei andere producten.
- Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten en technologieën en hun toepassingen.
- Het verstrekken van alle diensten,raad en advies voor eigen rekening als voor andere vennootschappen,organisaties,besturen,verenigingen en natuurlijke personen,zowel op algemeen,financieel,administratief,economisch,juridisch,organisatorisch vlak als op het gebied van management,marketing,research,productie,public-relations en ondernemingstechnieken.
- De bemiddeling bij de aan- en verkoop van bedrijven,aan- en verkoop van handelsfondsen.
- Het bemiddelen als tussenpersoon in de handel op commissie of onder een handelsagentuur in alle mogelijke artikelen en activiteiten zonder enige beperking.
- Zakelijke advies- en dienstverlening aan ondernemingen en particulieren in de meest ruime zin van het woord.
- Overige dienstverlenende activiteiten op het gebied van informatie.
- Overige zakelijke dienstverlening.
- Het uitoefenen van een publiciteitsonderneming in zijn meest brede omschrijving zoals: alle activiteiten op het vlak van reclame,sponsoring,promotie en public-relations en dit in alle mogelijke sectoren.
- De organisatie en uitvoering van reclame- en promotiecampagnes,publiciteit,sponsoring,mailings en enquêtes.
- De in-en uitvoer van allerhande koopwaar en het ontplooien van activiteiten inzake trading.
- Het vervaardigen of laten vervaardigen en het vervoeren van alle voormelde producten,materialen en materieel.
- De activiteiten van een holdingvennootschap,het verwerven,beheren en vervreemden van deelnemingen en participaties in alle bestaande of nog op te richten vennootschappen,ook deze met een verschillend voorwerp,alsook alle investerings- en financiële verrichtingen,behalve deze voorbehouden aan deposito- en spaarbanken.
- Het waarnemen en uitoefenen van allerhande bestuursopdrachten en mandaten.
- Managementactiviteiten van holdings: tussenkomen in het dagelijks bestuur,vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk kapitaal,enz.
- Verhuur van roerende en onroerende goederen.
- Aan- en verkoop roerende en onroerende goederen.
- Aan- en verkoop van menigvuldige goederen.
- Het verkopen op commissie.
- Tussenpersoon in de handel.
- Managementbeheer.
- Handelsbemiddeling.
- Voor eigen rekening: Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen; de aan- en verkoop,huur en verhuur van roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van roerende en onroerende goederen;
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verplichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen;
- Het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,onder om het even welke vorm; in dit kader kan zij zich ook borgstellen of haar aval verlenen,in de meest ruime zin,alle handels- en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen;
- Het uitoefenen van de functie van bestuurder,gedelegeerd bestuurder,zaakvoerder,directeur of andere leidende en uitvoerende functies,al dan niet bezoldigd in alle vormen,ook buitenlandse,van vennootschappen,verenigingen of samenwerkingsverbanden zowel in België als in het buitenland.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, 2000 Antwerpen,Sint-Paulusplaats 26” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Een of meer bestuurders, algemene vergadering bepaalt aantal,duur van opdracht en,indien meerdere,bevoegdheid” (deed in Dutch)“Niet-statutaire bestuurders herroepbaar ad nutum bij besluit algemene vergadering, behalve deze die wet of statuten aan algemene vergadering…” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Thursday of June at 14:00