TANK PROCESS
ActiveThe computed 12-month bankruptcy probability of TANK PROCESS is 2.3% (moderate). The 2025 annual accounts show equity of €83k and a net result of €48k. Equity is growing by ~21.9% per year across the filed fiscal years. Its solvency ranks better than 22% of 27446 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
60
/ 100
Healthy▼ -31 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency25▼-40
Growth78=
Stability94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.0 against 1.95 in 2024), and 80.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
19.9%
Return on assets
11.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 27446 sector peers (2025).
NBB · sector comparisonPosition among 27446 sector peers
Solvency
better than 22%
← weakest
strongest →
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 17-07-2026, 14 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
14 d early
2024
35 d early
2023
19 d early
2022
32 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€83k▼ 24.3%
2024 · €110k
2022: €46k
2023: €56k
2024: €110k
2022 → 2025
Total assets
€419k▲ 6.6%
2024 · €392k
2022: €202k
2023: €155k
2024: €392k
2022 → 2025
Net result
€48k▼ 10.8%
2024 · €54k
2022: €36k
2023: €9k
2024: €54k
2022 → 2025
Working capital
€469▼ 99.1%
2024 · €51k
2022: €68k
2023: €51k
2024: €51k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€46k-€56k▲ 20.5%€110k▲ 97.3%€83k▼ 24.3%
Operating result€42k-€13k▼ 70.3%€74k▲ 489%€71k▼ 4.2%
Net result€36k-€9k▼ 73.9%€54k▲ 472%€48k▼ 10.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €419k
Fixed assets
€288k▼ 0.2%
Current assets
€131k▲ 25.7%
Equity and liabilities €419k
Equity
€83k▼ 24.3%
Debt
€335k▲ 18.7%
The debt ratio rises from 72.0% to 80.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€96k▲
2024 · €87k
Cash flow
€73k▲
2024 · €67k
Solvency
19.9%▼
2024 · 28.0%
Current ratio
1.00▼
2024 · 1.95
Quick ratio
0.98▼
2024 · 1.67
Debt / equity
4.03▲
2024 · 2.57
ROE
58.1%▲
2024 · 49.3%
ROA
11.5%▼
2024 · 13.8%
Interest coverage
8.80▼
2024 · 11.74
Debt
€335k▲
2024 · €283k
Debt ≤ 1 year
€130k▲
2024 · €53k
Debt > 1 year
€205k▼
2024 · €229k
Income taxes
€13k▼
2024 · €14k
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€392k€419k▲
Fixed assets21/28€289k€288k▼
Tangible fixed assets22/27€289k€288k▼
Land and buildings22€263k€258k▼
Plant, machinery and equipment23€564€8k▲
Furniture and vehicles24€21k€18k▼
Other tangible fixed assets26€4k€4k▲
Assets under construction and advance payments27€0-
Current assets29/58€104k€131k▲
Stocks and contracts in progress3€15k€3k▼
Stocks30/36€15k€3k▼
Amounts receivable within one year40/41€19k€14k▼
Trade receivables40€19k€7k▼
Other amounts receivable41€35€7k▲
Current investments50/53€30k€54k▲
Cash at bank and in hand54/58€29k€53k▲
Deferred charges and accrued income490/1€10k€6k▼
Equity and liabilities
Total equity and liabilities10/49€392k€419k▲
Equity10/15€110k€83k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€100k€73k▼
Amounts payable17/49€283k€335k▲
Amounts payable after more than one year17€229k€205k▼
Financial debts170/4€229k€205k▼
Amounts payable within one year42/48€53k€130k▲
Current portion of amounts payable after more than one year42€20k€30k▲
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€9k€8k▼
Suppliers440/4€9k€8k▼
Taxes, remuneration and social security45€25k€24k▼
Taxes450/3€25k€23k▼
Remuneration and social security454/9-€742
Other amounts payable47/48-€64k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€25k▲
Other operating charges640/8€775€4k▲
Gross operating margin9900€88k€100k▲
Operating profit (loss)9901€74k€71k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€7k€11k▲
Recurring financial charges65€7k€11k▲
Profit (loss) for the period before taxes9903€68k€61k▼
Income taxes67/77€14k€13k▼
Profit (loss) for the period9904€54k€48k▼
Profit (loss) for the period to be appropriated9905€54k€48k▼
Appropriation of the result
Profit (loss) to be appropriated9906€100k€148k▲
Profit (loss) brought forward from the previous period14P€46k€100k▲
Profit to be distributed694/7-€75k
Return on contributions (dividend)694-€75k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €54k ▲472%
Operating result €74k, net result €54k, both a record.
31-12
Financial
Equity above €100kEq €110k ▲97.3%
3 profitable years in a row build equity to €110k.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €9k ▼73.9%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Wasseiges · 1 establishment unit since 2022
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.
Rue Piedenval(AC) 64219 WasseigesGround area
1,423 m²
Building footprint
110 m²
Volume, LiDAR
334 m³
Parcel 64002A0217/00D000, Wallonia · tallest building 5.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
TANK PROCESS
since 20222.328.596.153
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64002A0217/00D000 | Wallonia | 1,423 m² | 1 · 110 m² | 5.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
LPS KLIMATECHNIEK
BE 0400.957.814
Sint-Truiden · Eq €83k
AM Energies
BE 0759.760.319
Grâce-Hollogne · Eq €83k
EMS CHAUFFAGE
BE 0780.438.046
Ukkel · Eq €83k
J&N Sanitair & Verwarming
BE 0690.644.354
Wuustwezel · Eq €83k
I.S.T.
BE 0437.912.537
Herentals · Eq €83k
Of 9,478 companies in sector 43222 we hold annual accounts for 5,625. 4,824 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-02-2022
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
33110Repair and maintenance of fabricated metal products
38110Waste collection, recovery and disposal activities
38120Waste collection, recovery and disposal activities
38210Materials recovery from waste
38211Waste collection, recovery and disposal activities
39000Remediation activities and other waste management service activities
43350Other building finishing work
71209Other technical testing and analysis
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.