TAPAHA
ActiveFrom the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
TAPAHA has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €383,272 and a net result of €154,364. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
KBO- Status
- Active since 16-06-2023 Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.346.148.205 3930 Hamont-Achel, since 16-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 22-07-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €225,491
- ▼ 31.9%
- Turnover
- ≈ €570,000
- estimated
- Profit
- €154,364
- ▼ 32.3%
- Equity
- €383,272
- ▲ 67.4%
- Total assets
- €440,019
- ▲ 41.6%
Score breakdownraises riskFounded in 2023lowers riskSize: total assets €440,019Liquidity: current ratio 6.46, cash €204,976No main activity registeredShow the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
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 (no NACE code, micro). It does better than 81% of them on solvency, 89% on liquidity, 90% on profitability and 89% on growth.
The bankruptcy probability was computed on 31-10-2026 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. 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 40 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 22-06-2026 at the NBB all 2 filings
2024 to 2025, 2 financial years
The operating result for 2025 is 32% lower than in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Companies with the same profile, two years later
Historical observationIn July 2024, 39,278 companies had the same profile as TAPAHA has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
The bankruptcy probability of TAPAHA itself is lower: 0.1% within 12 months. It rests on far more data about TAPAHA than the profile alone.
Test of the method
The method was tested on the 497,445 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 39,278 companies, not a prediction for TAPAHA. 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.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,124 | €17,209 | ▼ 31.5% |
| Other operating charges640/8 | €1,269 | €643 | ▼ 49.3% |
| Gross operating margin9900 | €331,197 | €225,491 | ▼ 31.9% |
| Operating profit (loss)9901 | €304,804 | €207,639 | ▼ 31.9% |
| Financial income75/76B | €29 | €1 | ▼ 95.0% |
| Recurring financial income75 | €29 | €1 | ▼ 95.0% |
| Financial charges65/66B | €753 | €1,557 | ▲ 107% |
| Recurring financial charges65 | €753 | €1,557 | ▲ 107% |
| Profit (loss) for the period before taxes9903 | €304,080 | €206,084 | ▼ 32.2% |
| Income taxes67/77 | €76,172 | €51,720 | ▼ 32.1% |
| Profit (loss) for the period9904 | €227,908 | €154,364 | ▼ 32.3% |
| Profit (loss) for the period to be appropriated9905 | €227,908 | €154,364 | ▼ 32.3% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €310,642 | €440,019 | ▲ 41.6% |
| Fixed assets21/28 | €64,546 | €73,325 | ▲ 13.6% |
| Tangible fixed assets22/27 | €26,796 | €15,575 | ▼ 41.9% |
| Plant, machinery and equipment23 | €1,986 | €1,490 | ▼ 25.0% |
| Furniture and vehicles24 | €19,940 | €9,748 | ▼ 51.1% |
| Other tangible fixed assets26 | €4,870 | €4,338 | ▼ 10.9% |
| Financial fixed assets28 | €37,750 | €57,750 | ▲ 53.0% |
| Current assets29/58 | €246,096 | €366,694 | ▲ 49.0% |
| Amounts receivable within one year40/41 | - | €9,472 | - |
| Trade receivables40 | - | €9,472 | - |
| Current investments50/53 | - | €149,889 | - |
| Cash at bank and in hand54/58 | €245,492 | €204,976 | ▼ 16.5% |
| Deferred charges and accrued income490/1 | €604 | €2,357 | ▲ 290% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €310,642 | €440,019 | ▲ 41.6% |
| Equity10/15 | €228,908 | €383,272 | ▲ 67.4% |
| Contributions10/11 | €1,000 | €1,000 | = |
| Reserves13 | - | €382,272 | - |
| Distributable reserves133 | - | €382,272 | - |
| Profit (loss) carried forward14 | €227,908 | €0 | ▼ 100% |
| Amounts payable17/49 | €81,735 | €56,747 | ▼ 30.6% |
| Amounts payable within one year42/48 | €81,735 | €56,747 | ▼ 30.6% |
| Financial debts43 | - | €25 | - |
| Credit institutions430/8 | - | €25 | - |
| Trade debts44 | €4,964 | €1,026 | ▼ 79.3% |
| Suppliers440/4 | €4,964 | €1,026 | ▼ 79.3% |
| Taxes, remuneration and social security45 | €76,172 | €51,844 | ▼ 31.9% |
| Taxes450/3 | €76,172 | €51,844 | ▼ 31.9% |
| Other amounts payable47/48 | €599 | €3,852 | ▲ 543% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €227,908 | €154,364 | ▼ 32.3% |
| + Depreciation and write-downs630 | €25,124 | €17,209 | ▼ 31.5% |
| Operating cash flow (approximation) | €253,032 | €171,573 | ▼ 32.2% |
| Investment in fixed assets (approximation) | - | -€25,987 | - |
| Change in cash | - | -€40,516 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Owners and capital
Shareholders
- GYSELINCKX, Bert 95 shares (95%) · €950
- VAN TURNHOUT,Els Nathalie Fernand 5 shares (5%) · €50
Capital transactions
- 20-06-2023 Incorporation · €1,000 · 100 shares
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering”
Articles of association, deed of 20-06-2023 (in Dutch)
Network & group
TAPAHA shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of TAPAHA. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
20-06
Gazette deed
IncorporationAppointment: GYSELINCKX, Bert (director) · Founder · Founding capital12 points ▸
- Incorporation, “TAPAHA” (deed in Dutch)
- Founder, GYSELINCKX, Bert
- Founder, VAN TURNHOUT,Els Nathalie Fernand
- Founding capital, €1,000
- Other provision, “bevestiging deponering, Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Other provision, “beschikking over gestort vermogen”, 1000 (deed in Dutch)
- Other provision, “overeenkomstig wet, slot-overgangsbepalingen eenparige beslissingen” (deed in Dutch)
- Registered office clause, “3930 Hamont-Achel, Grevenbroekstraat 21” (deed in Dutch)
- Board rule, 1
- Director appointment, GYSELINCKX, Bert (director (not named in the articles))
- Pre-incorporation commitments, “takeover, verbintenissen verplichtingen activiteiten in naam en voor rekening vennootschap in oprichting” (deed in Dutch)
- Other provision, “neerlegging, uitgifte van oprichtingsakte” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Legal Entity Identifier
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72001A0514/00N000 | Flanders | 1,453 m² | 1 · 138 m² | 5.5 m · 1 |