Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
From profit to loss in 2025, after a profit of €42,701 in 2024.
TAOS pays its suppliers 368 days earlier than in 2024. Customers pay 67 days earlier.
Three of the last ten came late. The 2021 accounts came latest: 25 days after the end of the period.
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 62, micro). It does better than 7% of them on solvency, 5% on liquidity, 5% on profitability and 20% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 6,907 companies had the same profile as TAOS has now. Each dot stands for 18 companies, two years later.
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TAOS itself: 2.8% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,907 companies, not a prediction for TAOS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.83 (1.09 in 2024), below 1. Short-term debt is 110.9% and cash 11.1% of total assets. Equity is negative.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 1 day before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| TAOS Kontich | €232,792 | -10.2% | -12.7% | 1 |
| CODETTE Diest | - | - | -191.7% | 2 |
| Peel Kontich | €330,046 | 16.6% | -307.8% | 1 |
| MadisonUnderwood Antwerp | - | - | 53.5% | 1.8 |
| INFORMATIQUE PROFESSIONNELLE ET CONSOMMABLES Ath | €228,092 | 18.2% | 68.2% | 1 |
| Axel Kontich | - | - | 24.3% | 2.5 |
| Model8 Kontich | €363,041 | -52.7% | -921.2% | 3.7 |
Grey: the largest companies of the sector (computer programming and consultancy (NACE 62)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as TAOS: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €43,200 and €98,600, founded between 1999 and 2014.
TAOS has existed since 2008. Turnover fell from €8.3m in 2017 to €337,533 in 2020 and staff from 0.8 to 0.6 full-time equivalents.
Turnover has fallen every year since 2021. Solvency fell in 2025 from 14.1% to -12.7% because of the loss.
UPTIME GROUP holds 90% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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