TARGANCE
ActiveSummary
TARGANCE has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67,798 and a net result of -€4,664. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 65% of 4235 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
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Signals
This company filed its last 7 accounts on average 4 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, full schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €365 | €399 | €523 | ▲ 31.2% |
| Other operating charges640/8 | - | - | - | - | €1,711 | - |
| Gross operating margin9900 | €4,477 | €2,214 | €10,800 | €9,414 | -€3,067 | ▼ 133% |
| Operating profit (loss)9901 | €1,192 | €2,214 | €10,435 | €9,016 | -€5,301 | ▼ 159% |
| Financial income75/76B | - | €744 | €1,712 | €3,741 | €2,269 | ▼ 39.3% |
| Recurring financial income75 | €836 | €744 | €1,712 | €3,741 | €2,269 | ▼ 39.3% |
| Financial charges65/66B | - | €462 | €1,851 | €1,569 | €1,509 | ▼ 3.8% |
| Recurring financial charges65 | €620 | €462 | €1,851 | €1,569 | €1,509 | ▼ 3.8% |
| Profit (loss) for the period before taxes9903 | €1,408 | €2,496 | €10,296 | €11,188 | -€4,541 | ▼ 141% |
| Income taxes67/77 | €1,546 | - | €2,983 | €3,865 | €123 | ▼ 96.8% |
| Profit (loss) for the period9904 | -€138 | €2,496 | €7,313 | €7,322 | -€4,664 | ▼ 164% |
| Profit (loss) for the period to be appropriated9905 | -€138 | €2,496 | €7,313 | €7,322 | -€4,664 | ▼ 164% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €102,616 | €120,335 | €162,943 | €147,603 | €134,017 | ▼ 9.2% |
| Fixed assets21/28 | €3,038 | €3,038 | €3,868 | €3,470 | €4,268 | ▲ 23.0% |
| Tangible fixed assets22/27 | - | - | €830 | €432 | €1,230 | ▲ 185% |
| Plant, machinery and equipment23 | - | - | €830 | €432 | €1,230 | ▲ 185% |
| Financial fixed assets28 | €3,038 | €3,038 | €3,038 | €3,038 | €3,038 | = |
| Current assets29/58 | €99,578 | €117,297 | €159,075 | €144,133 | €129,748 | ▼ 10.0% |
| Amounts receivable within one year40/41 | €86,801 | €117,297 | €159,075 | €143,671 | €124,503 | ▼ 13.3% |
| Trade receivables40 | - | €45,131 | €49,842 | €68,582 | €41,043 | ▼ 40.2% |
| Other amounts receivable41 | - | €72,166 | €109,233 | €75,089 | €83,460 | ▲ 11.1% |
| Cash at bank and in hand54/58 | €12,365 | - | - | - | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €462 | €5,245 | ▲ 1,035% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €102,616 | €120,335 | €162,943 | €147,603 | €134,017 | ▼ 9.2% |
| Equity10/15 | €55,331 | €57,827 | €65,140 | €72,462 | €67,798 | ▼ 6.4% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €61,859 | €61,859 | €61,859 | €61,859 | €61,859 | = |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | €60,000 | €60,000 | €60,000 | €60,000 | = |
| Profit (loss) carried forward14 | -€12,728 | -€10,233 | -€2,920 | €4,403 | -€261 | ▼ 106% |
| Amounts payable17/49 | €47,285 | €62,508 | €97,804 | €75,141 | €66,218 | ▼ 11.9% |
| Amounts payable within one year42/48 | €47,285 | €62,508 | €97,804 | €75,141 | €66,218 | ▼ 11.9% |
| Financial debts43 | - | €1,131 | €1,607 | €3,731 | €2,496 | ▼ 33.1% |
| Credit institutions430/8 | - | €1,131 | €1,607 | €3,731 | €2,496 | ▼ 33.1% |
| Trade debts44 | €34,663 | €48,349 | €65,586 | €34,784 | €50,875 | ▲ 46.3% |
| Suppliers440/4 | - | €48,349 | €65,586 | €34,784 | €50,875 | ▲ 46.3% |
| Taxes, remuneration and social security45 | - | €37 | €9,019 | €9,534 | €12,847 | ▲ 34.8% |
| Taxes450/3 | - | €37 | €9,019 | €9,534 | €12,847 | ▲ 34.8% |
| Other amounts payable47/48 | - | €12,992 | €21,592 | €27,092 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€138 | €2,496 | €7,313 | €7,322 | -€4,664 | ▼ 164% |
| + Depreciation and write-downs630 | - | - | €365 | €399 | €523 | ▲ 31.2% |
| Operating cash flow (approximation) | -€138 | €2,496 | €7,678 | €7,721 | -€4,141 | ▼ 154% |
| Investment in fixed assets (approximation) | - | €0 | -€1,196 | €0 | -€1,321 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
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.
Mont-Chemin du Spineu 174960 Malmedy1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56002C0481/00C000 | Wallonia | 1,231 m² | 1 · 147 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-03-2025 list no shareholders, and no other source names one.
Holdings 1
-
49%
According to the annual accounts to 31-03-2025 of TARGANCE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.