Non-profit association · founded 2010 · active for 16 yearsMarkt 4, 2590 Berlaar, BelgiumKBO/BCE: BE 0823.897.412
Summary
TARAG has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2011 annual accounts show equity of €41,040 and a net result of €1,040. The computed 12-month bankruptcy probability is below 0.1% (very low).
Signalsraises riskFigures for financial year 2011 (filed 15-03-2012)lowers riskLegal form: non-profit associationLiquidity: current ratio 2.78, cash €30,126Sector: Social work activities without accommodation (NACE 88)neutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2011 are too old to assess current financial health.
Financial strength, FY 2011
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency90
equity 65.2% of total assets
Liquidity84
short-term debt 34.8% · cash 47.9%
Profitability42
return on assets 1.7%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
< 0.1%Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Sector median < 0.1% (1,120 companies, NACE 88, micro)
Last 24 months11-2024: 0.1%highest value12-2024: 0.1%● unchanged vs 11-2024highest value01-2025: 0.1%● unchanged vs 12-2024highest value02-2025: 0.1%● unchanged vs 01-2025highest value03-2025: 0.1%● unchanged vs 02-2025highest value04-2025: 0.1%● unchanged vs 03-2025highest value05-2025: 0.1%● unchanged vs 04-2025highest value06-2025: 0.1%● unchanged vs 05-2025highest value07-2025: 0.1%● unchanged vs 06-2025highest value08-2025: 0.1%● unchanged vs 07-2025highest value09-2025: 0.1%● unchanged vs 08-2025highest value10-2025: 0.1%● unchanged vs 09-2025highest value11-2025: 0.1%● unchanged vs 10-2025highest value12-2025: 0.1%● unchanged vs 11-2025highest value01-2026: 0.1%● unchanged vs 12-2025highest value02-2026: 0.1%● unchanged vs 01-2026highest value03-2026: 0.1%● unchanged vs 02-202604-2026: 0.1%● unchanged vs 03-202605-2026: 0.1%● unchanged vs 04-202606-2026: 0.1%● unchanged vs 05-202607-2026: 0.1%● unchanged vs 06-202608-2026: 0.1%● unchanged vs 07-202609-2026: 0.1%● unchanged vs 08-202610-2026: < 0.1%▼ -0.1 percentage points vs 09-2026lowest value
The financial year that closed on 30-06-2011 was due by 31-01-2012 and was filed on 06-03-2012, 35 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.