TANSUN
ActiveSummary
The computed 12-month bankruptcy probability of TANSUN is 3.6% (moderate). For TANSUN, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show equity of €7,072 and a net result of -€20,674. Equity is shrinking by ~34.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2023. Its solvency ranks better than 24% of 4993 sector peers (fiscal year 2021). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability0=
Solvency39▼-20
Growth32=
Track record100
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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 2021Solvency, return and age of the figures
Solvency
14.3%
Return on assets
-41.8%
Age of the figures
57 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 12-09-2022, 43 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
43 d late
2020
408 d late
2019
670 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 374 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2021, micro schema
Equity
€7,072▼ 74.5%
2020 · €27,745
Total assets
€49,429▼ 39.0%
2020 · €81,089
Net result
-€20,674▼ 64.2%
2020 · -€12,591
Working capital
€6,019▼ 79.2%
2020 · €28,944
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€780-€7,162▲ 818%-€11,181-€17,716▼ 58.5%
Net result€472-€6,827▲ 1,347%-€12,591below the sector's middle half-€20,674below the sector's middle half▼ 64.2%
Equity€33,509-€40,337▲ 20.4%€27,745within the sector's middle half▼ 31.2%€7,072below the sector's middle half▼ 74.5%
Total assets€42,404-€52,731▲ 24.4%€81,089within the sector's middle half▲ 53.8%€49,429within the sector's middle half▼ 39.0%
Debt€8,895-€12,394▲ 39.3%€53,343▲ 330%€42,357▼ 20.6%
Working capital€23,840-€33,890▲ 42.2%€28,944within the sector's middle half▼ 14.6%€6,019within the sector's middle half▼ 79.2%
Solvency79.0%-76.5%▼ 2.5pp34.2%within the sector's middle half▼ 42.3pp14.3%below the sector's middle half▼ 19.9pp
Current ratio3.68-3.73▲ 0.052.43within the sector's middle half▼ 1.301.35within the sector's middle half▼ 1.09
Return on assets (ROA)1.1%-12.9%▲ 11.8pp-15.5%below the sector's middle half▼ 28.5pp-41.8%below the sector's middle half▼ 26.3pp
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
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 €17,716 in 2021 against €11,181 in 2020; the loss grows and 2021 has the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €49,429
Fixed assets
€26,175 ▼ 18.1%
Current assets
€23,254 ▼ 52.7%
Equity and liabilities €49,429
Equity
€7,072 ▼ 74.5%
Debt
€42,357 ▼ 20.6%
Debt's share of the balance-sheet total rises from 65.8% to 85.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€11,272▼
2020 · -€1,577
Cash flow
-€14,229▼
2020 · -€2,988
Debt to equity
5.99▲
2020 · 1.92
ROE
-292.3%▼
2020 · -45.4%
Interest coverage
-3.81▼
2020 · -1.12
Debt ≤ 1 year
€17,235▼
2020 · €20,177
Debt > 1 year
€25,122▼
2020 · €33,166
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,223 | €3,223 | €9,603 | €6,445 | ▼ 32.9% |
| Other operating charges640/8 | - | €27 | €4,053 | - | - |
| Non-recurring operating charges66A | - | - | - | €4,252 | - |
| Gross operating margin9900 | €5,172 | €10,412 | €2,476 | -€7,020 | ▼ 384% |
| Operating profit (loss)9901 | €780 | €7,162 | -€11,181 | -€17,716 | ▼ 58.5% |
| Financial charges65/66B | - | €297 | €1,411 | €2,957 | ▲ 110% |
| Recurring financial charges65 | €308 | €297 | €1,411 | €2,957 | ▲ 110% |
| Profit (loss) for the period before taxes9903 | €472 | €6,864 | -€12,591 | -€20,674 | ▼ 64.2% |
| Income taxes67/77 | - | €37 | - | - | - |
| Profit (loss) for the period9904 | €472 | €6,827 | -€12,591 | -€20,674 | ▼ 64.2% |
| Profit (loss) for the period to be appropriated9905 | €472 | €6,827 | -€12,591 | -€20,674 | ▼ 64.2% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €42,404 | €52,731 | €81,089 | €49,429 | ▼ 39.0% |
| Fixed assets21/28 | €9,669 | €6,446 | €31,967 | €26,175 | ▼ 18.1% |
| Tangible fixed assets22/27 | €9,669 | €6,446 | €31,967 | €26,175 | ▼ 18.1% |
| Furniture and vehicles24 | - | €6,446 | €31,967 | €26,175 | ▼ 18.1% |
| Current assets29/58 | €32,735 | €46,284 | €49,122 | €23,254 | ▼ 52.7% |
| Amounts receivable within one year40/41 | €29,314 | €43,239 | €46,029 | €18,690 | ▼ 59.4% |
| Other amounts receivable41 | - | €43,239 | €46,029 | €18,690 | ▼ 59.4% |
| Cash at bank and in hand54/58 | €3,421 | €3,045 | €3,092 | €4,564 | ▲ 47.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €42,404 | €52,731 | €81,089 | €49,429 | ▼ 39.0% |
| Equity10/15 | €33,509 | €40,337 | €27,745 | €7,072 | ▼ 74.5% |
| Contributions10/11 | €40,200 | €40,200 | €40,200 | €40,200 | = |
| Capital10 | - | €40,200 | €40,200 | €40,200 | = |
| Issued capital100 | - | €50,000 | €50,000 | €50,000 | = |
| Uncalled capital101 | - | €9,800 | €9,800 | €9,800 | = |
| Profit (loss) carried forward14 | -€6,691 | €137 | -€12,455 | -€33,128 | ▼ 166% |
| Amounts payable17/49 | €8,895 | €12,394 | €53,343 | €42,357 | ▼ 20.6% |
| Amounts payable after more than one year17 | - | - | €33,166 | €25,122 | ▼ 24.3% |
| Financial debts170/4 | - | - | €33,166 | €25,122 | ▼ 24.3% |
| Amounts payable within one year42/48 | €8,895 | €12,394 | €20,177 | €17,235 | ▼ 14.6% |
| Current portion of amounts payable after more than one year42 | - | - | €7,451 | €8,044 | ▲ 7.9% |
| Trade debts44 | €838 | €6,456 | €9,239 | €5,741 | ▼ 37.9% |
| Suppliers440/4 | - | €6,456 | €9,239 | €5,741 | ▼ 37.9% |
| Taxes, remuneration and social security45 | - | €5,939 | €3,487 | €3,450 | ▼ 1.1% |
| Taxes450/3 | - | €5,939 | €3,487 | €3,450 | ▼ 1.1% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €472 | €6,827 | -€12,591 | -€20,674 | ▼ 64.2% |
| + Depreciation and write-downs630 | €3,223 | €3,223 | €9,603 | €6,445 | ▼ 32.9% |
| Operating cash flow (approximation) | €3,695 | €10,051 | -€2,988 | -€14,229 | ▼ 376% |
| Investment in fixed assets (approximation) | - | €0 | -€35,124 | -€653 | ▲ 98.1% |
| Change in cash | - | -€376 | €47 | €1,472 | ▲ 3,038% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2022
12-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 43 days late
12-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 408 days late
01-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 670 days late
2021
31-12
Financial
Weakest financial yearnet -€20,674
Net result drops to -€20,674, the lowest in the series.
2019
31-12
Financial
Highest result since 2018net €6,827 ▲1,347%
Operating result €7,162, net result €6,827, both a record.
05-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 127 days late
05-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 492 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
2015
06-11
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 98 days late
2014
30-10
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 91 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are 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, Kortrijk · 1 establishment unit since 2012
Ground area
328 m²
Building footprint
101 m²
Volume, LiDAR
916 m³
Parcel 34354C0109/00A002, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Tansun
since 20122.212.860.802
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34354C0109/00A002 | Flanders | 328 m² | 1 · 101 m² | 12.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,683 companies in sector 49330 we hold annual accounts for 2,302. 1,877 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded23-05-2012
Fiscal year end31-12
Activities, NACEBEL 2025
49330On-demand passenger transport by chauffeured vehicle
Contact
E-mail
mehmettansun@hotmail.comKortrijk
Phone
0472/ 60 92 94Kortrijk
E-invoicing
Not found in the Peppol register
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Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.