TAOHE
ActiveSummary
TAOHE has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6,552 and a net result of €6,464. Equity is shrinking by ~46% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability82▲+82
Solvency36▲+11
Growth32=
Track record94
Bankruptcy probability, 12 months
1.2%
Low
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 · 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Other manufacturing (NACE 32)
about 28% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
11%
Return on assets
10.9%
Age of the figures
21 mo
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 17-06-2026, 44 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
44 d early
2024
23 d early
2023
on the day
2022
11 d early
2021
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 40% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 8 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet
Equity
€6,552▲ 7,340%
2023 · €88
Total assets
€59,411▲ 126%
2023 · €26,317
Net result
€6,464
2023 · -€18,220
Working capital
€41,132▲ 191%
2023 · €14,112
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 32, Other manufacturing, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€9,273--€4,748-€17,762▼ 274%€6,884
Net result€8,241within the sector's middle half--€4,933below the sector's middle half-€18,220below the sector's middle half▼ 269%€6,464within the sector's middle half
Equity€23,241within the sector's middle half-€18,308within the sector's middle half▼ 21.2%€88below the sector's middle half▼ 99.5%€6,552below the sector's middle half▲ 7,340%
Total assets€33,212below the sector's middle half-€35,423below the sector's middle half▲ 6.7%€26,317below the sector's middle half▼ 25.7%€59,411below the sector's middle half▲ 126%
Debt€9,971-€17,115▲ 71.7%€26,229▲ 53.3%€52,859▲ 102%
Working capital€19,626within the sector's middle half-€25,303within the sector's middle half▲ 28.9%€14,112within the sector's middle half▼ 44.2%€41,132within the sector's middle half▲ 191%
Solvency70.0%above the sector's middle half-51.7%within the sector's middle half▼ 18.3pp0.3%below the sector's middle half▼ 51.3pp11.0%within the sector's middle half▲ 10.7pp
Current ratio2.97within the sector's middle half-4.56above the sector's middle half▲ 1.593.07within the sector's middle half▼ 1.494.24above the sector's middle half▲ 1.17
Return on assets (ROA)24.8%above the sector's middle half--13.9%below the sector's middle half▼ 38.7pp-69.2%below the sector's middle half▼ 55.3pp10.9%within the sector's middle half▲ 80.1pp
Staff (FTE)0.1
above
within
below
the middle half (P25 to P75) of NACE 32, Other manufacturing, 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 returns to profit in 2024: €6,884 after a loss of €17,762 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €59,411
Fixed assets
€5,577 ▲ 3.7%
Current assets
€53,833 ▲ 157%
Equity and liabilities €59,411
Equity
€6,552 ▲ 7,340%
Debt
€52,859 ▲ 102%
Debt's share of the balance-sheet total falls from 99.7% to 89.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€8,278▲
2023 · -€16,992
Cash flow
€7,857▲
2023 · -€17,450
Quick ratio
3.54▲
2023 · 2.01
Debt to equity
8.07
ROE
98.7%
Interest coverage
19.69▲
2023 · -37.12
Debt ≤ 1 year
€12,701▲
2023 · €6,829
Debt > 1 year
€40,115▲
2023 · €19,400
Staff costs
€3,326
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,340 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% | 1.0% |
| 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% 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 6,713 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €3,326 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,006 | €609 | €770 | €1,394 | ▲ 81.0% |
| Other operating charges640/8 | - | - | €80 | - | - |
| Gross operating margin9900 | €10,280 | -€4,139 | -€16,912 | €11,604 | ▲ 169% |
| Operating profit (loss)9901 | €9,273 | -€4,748 | -€17,762 | €6,884 | ▲ 139% |
| Financial income75/76B | €12 | €172 | - | - | - |
| Recurring financial income75 | €12 | €172 | - | - | - |
| Financial charges65/66B | €1,043 | €357 | €458 | €420 | ▼ 8.2% |
| Recurring financial charges65 | €1,043 | €357 | €458 | €420 | ▼ 8.2% |
| Profit (loss) for the period before taxes9903 | €8,241 | -€4,933 | -€18,220 | €6,464 | ▲ 135% |
| Profit (loss) for the period9904 | €8,241 | -€4,933 | -€18,220 | €6,464 | ▲ 135% |
| Profit (loss) for the period to be appropriated9905 | €8,241 | -€4,933 | -€18,220 | €6,464 | ▲ 135% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €33,212 | €35,423 | €26,317 | €59,411 | ▲ 126% |
| Fixed assets21/28 | €3,615 | €3,006 | €5,376 | €5,577 | ▲ 3.7% |
| Intangible fixed assets21 | €2,300 | €1,831 | €1,361 | €892 | ▼ 34.5% |
| Tangible fixed assets22/27 | €1,315 | €1,175 | €4,015 | €4,685 | ▲ 16.7% |
| Furniture and vehicles24 | - | - | - | €1,124 | - |
| Other tangible fixed assets26 | €1,315 | €1,175 | €4,015 | €3,561 | ▼ 11.3% |
| Current assets29/58 | €29,597 | €32,418 | €20,941 | €53,833 | ▲ 157% |
| Stocks and contracts in progress3 | €5,281 | €14,213 | €7,228 | €8,834 | ▲ 22.2% |
| Stocks30/36 | €5,281 | €14,213 | €7,228 | €8,834 | ▲ 22.2% |
| Amounts receivable within one year40/41 | €5,306 | €11,606 | €4,971 | €6,507 | ▲ 30.9% |
| Trade receivables40 | €1,861 | €8,084 | €2,971 | €6,507 | ▲ 119% |
| Other amounts receivable41 | €3,445 | €3,521 | €2,000 | - | - |
| Cash at bank and in hand54/58 | €18,776 | €6,519 | €8,661 | €37,305 | ▲ 331% |
| Deferred charges and accrued income490/1 | €234 | €79 | €82 | €1,187 | ▲ 1,353% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €33,212 | €35,423 | €26,317 | €59,411 | ▲ 126% |
| Equity10/15 | €23,241 | €18,308 | €88 | €6,552 | ▲ 7,340% |
| Contributions10/11 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Profit (loss) carried forward14 | €8,241 | €3,308 | -€14,912 | -€8,448 | ▲ 43.3% |
| Amounts payable17/49 | €9,971 | €17,115 | €26,229 | €52,859 | ▲ 102% |
| Amounts payable after more than one year17 | - | €10,000 | €19,400 | €40,115 | ▲ 107% |
| Financial debts170/4 | - | €10,000 | €19,400 | €40,115 | ▲ 107% |
| Amounts payable within one year42/48 | €9,971 | €7,115 | €6,829 | €12,701 | ▲ 86.0% |
| Trade debts44 | €965 | €3,864 | €3,101 | €6,912 | ▲ 123% |
| Suppliers440/4 | €965 | €3,864 | €3,101 | €6,912 | ▲ 123% |
| Taxes, remuneration and social security45 | €6 | €2,251 | €3,729 | €5,789 | ▲ 55.3% |
| Taxes450/3 | €6 | €1,951 | €3,729 | €5,645 | ▲ 51.4% |
| Remuneration and social security454/9 | - | €300 | - | €144 | - |
| Other amounts payable47/48 | €9,000 | €1,000 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €43 | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,241 | -€4,933 | -€18,220 | €6,464 | ▲ 135% |
| + Depreciation and write-downs630 | €1,006 | €609 | €770 | €1,394 | ▲ 81.0% |
| Operating cash flow (approximation) | €9,248 | -€4,324 | -€17,450 | €7,857 | ▲ 145% |
| Investment in fixed assets (approximation) | - | €0 | -€3,141 | -€1,595 | ▲ 49.2% |
| Change in cash | - | -€12,257 | €2,141 | €28,644 | ▲ 1,238% |
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
Next filing, fiscal year 2026, expected by
2026
17-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €6,464
Net result €6,464 after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€18,220
Net result drops to -€18,220, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Mont-Saint-Guibert · 1 establishment unit since 2021
Ground area
5,118 m²
Building footprint
233 m²
Volume, LiDAR
2,149 m³
2 parcels, Wallonia · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
TAOHE
since 20212.316.999.903
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25101B0771/00C000 | Wallonia | 4,516 m² | 1 · 182 m² | 11.6 m · 3 fl. |
| 25068B0123/00E000 | Wallonia | 603 m² | 1 · 51 m² | 12.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,530 companies in this sector we hold annual accounts for 225. 104 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded26-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
32123Manufacture of jewellery
47770Retail sale of watches and jewellery
32122Other manufacturing
32130Manufacture of imitation jewellery and related articles
47784Retail sale of souvenirs and religious articles
Contact
Website
www.taohe.be
E-mail
hello@taohe.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0765740467
Registered
28-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.