TAREA
The computed 12-month bankruptcy probability of TAREA is 3.5% (moderate). The 2024 annual accounts show equity of €3k and a net result of €-985. Equity is shrinking by ~85% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 14% of 11056 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €3k |
| Net result | €-985 |
| Better than sector | 14% |
| Active | 4 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 7.5% | 40.9% | |
| Net result | €-985 | €11k | |
| Equity | €3k | €34k | |
| Gross operating margin | €19k | €35k | |
| Total assets | €35k | €93k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €18k |
| Net profit | €-985 |
| Cash flow | €17k |
| Staff costs | - |
| Income taxes | €690 |
| Dividends | €859 |
| Total assets | €35k |
| Equity | €3k |
| Debt | €33k |
| of which ≤ 1y | €32k |
| of which > 1y | - |
| Working capital | €-14k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.56 |
| Quick ratio | 0.53 |
| Working capital ratio | -40.3% |
| Solvency | 7.5% |
| Debt / equity | 12.28 |
| Long-term debt ratio | - |
| Interest coverage | 25.64 |
| Gross margin | - |
| Net margin | - |
| ROA | -2.8% |
| ROE | -37.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €35k |
| Fixed assets | 21/28 | €17k |
| Tangible fixed assets | 22/27 | €17k |
| Financial fixed assets | 28 | €85 |
| Current assets | 29/58 | €18k |
| Stocks & contracts in progress | 3 | €1k |
| Amounts receivable within one year | 40/41 | €3k |
| Cash & bank | 54/58 | €12k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €35k |
| Equity | 10/15 | €3k |
| Contributions / capital | 10/11 | €2k |
| Reserves | 13 | €8k |
| Accumulated profits (losses) | 14 | €-7k |
| Amounts payable | 17/49 | €33k |
| Amounts payable within one year | 42/48 | €32k |
| Trade debts payable within one year | 44 | €5k |
| Income statement | ||
| Gross operating margin | 9900 | €19k |
| Operating result | 9901 | €-279 |
| Financial income | 75 | €690 |
| Financial charges | 65 | €706 |
| Result before taxes | 9903 | €-295 |
| Income taxes | 67/77 | €690 |
| Net result for the period | 9904 | €-985 |
| Result to be appropriated | 9905 | €-985 |
| NACE primary | Specialised construction(43310) |
| Legal form | Private limited company(610) |
| Incorporation | 07-10-2021 |
| Status | Active |
| Postal code | 9820 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44412C0667/00G002 | Flanders | 1,049 m² | 1 · 93 m² | 9.0 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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| Legal nameNL | TAREA |