Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Of this, €160,006 falls due within a year.
In 2025, 10 people joined and 11 left.
Short-term debts rose from €154,075 to €160,006.
Two of the last ten came late. The 2016 accounts came latest: 119 days after the end of the period.
Less equity than 83% of companies in food and beverage service. Sector median €79,019 · 4,826 companies.
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 2 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 56, micro). It does better than 23% of them on solvency, 41% on liquidity, 37% on profitability and 73% on growth.
The bankruptcy probability was computed on 06-11-2026 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, 1,379 companies had the same profile as TARATATA has now. Each dot stands for 4 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TARATATA itself: 1.8% 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 1,379 companies, not a prediction for TARATATA. 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 tight, with a current ratio of 1.14 (0.58 in 2024), below the usual 1.5. Short-term debt is 65.3% and cash 24% 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 15 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| TARATATA Hasselt | €244,891 | €129,039 | -8.1% | 1.3 |
| DECLERCK STEVE Nieuwpoort | €265,112 | €120,785 | 81.2% | 1.8 |
| Orymaz Antwerp | €250,724 | €95,670 | 84.0% | 1.3 |
| The Event Company Herselt | €205,605 | €120,819 | -76.9% | 1.8 |
| ANRIFOOD Middelkerke | €225,950 | €167,879 | 20.3% | 1 |
| JIN YANG Chimay | €189,429 | €98,694 | 56.4% | 1.8 |
| Café Coureur Tongeren-Borgloon | €192,602 | €220,056 | -102.0% | 1.6 |
These companies have the same main activity as TARATATA: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €189,000 and €265,000, founded between 2011 and 2017.
TARATATA files the abbreviated format. That format states no turnover. The gross margin rose from €69,381 in 2015 to €129,039 in 2025.
The balance sheet grew most in 2016 through fixed assets, financed with long-term debt.
KASTAN holds 95% of the shares. In December 2021, four directors stepped down.
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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