TAPMAZ
ActiveThe computed 12-month bankruptcy probability of TAPMAZ is 2.0% (moderate). The 2025 annual accounts show negative equity (€-126k) and a net result of €-12k. Equity is shrinking by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 4564 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
24
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.09 against 0.12 in 2024; short-term debt: 593.1% and cash: 17.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 49
higher
← 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 2025Solvency, return and age of the figures
Solvency
-493.1%
Return on assets
-46.1%
Age of the figures
9 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-126k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
30 d late
2022
63 d late
2021
80 d late
2020
31 d late
2019
101 d late
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-126k▼ 10.3%
2024 · €-114k
2018: €16k
2019: €16k
2020: €-81k
2021: €-124k
2022: €-125k
2023: €-111k
2024: €-114k
2018 → 2025
Total assets
€26k▲ 58.0%
2024 · €16k
2018: €293k
2019: €230k
2020: €225k
2021: €246k
2022: €74k
2023: €25k
2024: €16k
2018 → 2025
Net result
€-12k▼ 282%
2024 · €-3k
2018: €1k
2019: €31
2020: €-98k
2021: €-43k
2022: €-684
2023: €14k
2024: €-3k
2018 → 2025
Working capital
€-138k▼ 20.9%
2024 · €-114k
2018: €4k
2019: €6k
2020: €-90k
2021: €-137k
2022: €-135k
2023: €-111k
2024: €-114k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-124k-€-125k▼ 0.6%€-111k▲ 10.9%€-114k▼ 2.8%€-126k▼ 10.3%
Operating result€-40k-€707€17k▲ 2,241%€-2k€-12k▼ 454%
Net result€-43k-€-684▲ 98.4%€14k€-3k€-12k▼ 282%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €12k in 2025 against €2k in 2024; the loss grows.
Balance-sheet composition
Assets €26k
Fixed assets
€12k
Current assets
€13k
Key figures and ratios
EBITDA
€-11k
Cash flow
€-11k
Solvency
-493.1%▲
2024 · -706.1%
Current ratio
0.09▼
2024 · 0.12
Quick ratio
0.09▼
2024 · 0.12
Debt / equity
-1.20▼
2024 · -1.14
ROA
-46.1%▼
2024 · -19.1%
Interest coverage
-46.54
Debt
€151k▲
2024 · €130k
Debt ≤ 1 year
€151k▲
2024 · €130k
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€16k€26k▲
Fixed assets21/28-€12k
Tangible fixed assets22/27-€12k
Furniture and vehicles24-€12k
Current assets29/58€16k€13k▼
Amounts receivable within one year40/41€12k€9k▼
Trade receivables40€12k-
Other amounts receivable41-€9k
Cash at bank and in hand54/58€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€16k€26k▲
Equity10/15€-114k€-126k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-135k€-146k▼
Amounts payable17/49€130k€151k▲
Amounts payable within one year42/48€130k€151k▲
Trade debts44€73k€87k▲
Suppliers440/4€73k€87k▲
Other amounts payable47/48€57k€64k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€890
Other operating charges640/8€2k€144▼
Gross operating margin9900€33€-11k▼
Operating profit (loss)9901€-2k€-12k▼
Financial charges65/66B€664€229▼
Recurring financial charges65€664€229▼
Profit (loss) for the period before taxes9903€-3k€-12k▼
Income taxes67/77€337-
Profit (loss) for the period9904€-3k€-12k▼
Profit (loss) for the period to be appropriated9905€-3k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-135k€-146k▼
Profit (loss) brought forward from the previous period14P€-131k€-135k▼
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €14k
Net result €14k after 3 loss-making years.
02-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 63 days late
2022
19-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 80 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-98k ▼318500%
Net result drops to €-98k, the lowest in the series; recovery starts the following year.
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 49 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Gent · 1 establishment unit since 2007
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.
Nieuwevaart 69000 GentGround area
1,969 m²
Building footprint
1,209 m²
Volume, LiDAR
7,178 m³
2 parcels, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TAPMAZ TRANSPORT
since 20072.157.308.209
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44807G0227/00K003 | Flanders | 1,161 m² | 1 · 1,078 m² | 6.8 m · 2 fl. |
| 44036A1756/00S000 | Flanders | 808 m² | 1 · 131 m² | 5.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
BALCOM
BE 0722.828.063
Koekelberg · Eq €16k
VH TRANSPORT
BE 0788.648.996
Ieper · Eq €16k
JSD & CO
BE 0639.898.706
Brussel · Eq €16k
RAVEN'S FLEET
BE 0751.780.682
Herstal · Eq €16k
NEELE-VAT LOGISTICS BELGIUM
BE 0782.377.452
Hoogstraten · Eq €16k
Of 12,606 companies in sector 49410 we hold annual accounts for 8,196. 4,666 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-10-2006
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.