TARGET 45

Active

Private limited companyfounded 199234 yrs activeAvenue Henri Houssaye 21, 1410 Waterloo, BelgiumKBO/BCE: BE 0446.358.465

Summary

TARGET 45 has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€9,329) and a net result of -€17,925. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.5% (very low).

Risk analysisWatch Report Compare

TARGET 45ActiveChecked score 44/100

Risk analysis Report Compare

What they do

Organisation of conventions and trade shows

NACE 82300

1 site

How big

€92,400total assets 2024

Equity: -€9,329
Loss: -€17,925

Turnover not published (abridged schema)

Financially healthy?

44 Weak Checked score 2024

Bankruptcy chance 12 m: 0.5%

Who decides

Accounts 41 d early0 of 4 deeds read

Why 44- Annual accounts: weaker financial profile- Higher-failure-rate region+ Long track record+ Lower-failure-rate sectorLatest accounts filed on timeShow the evidence

Checked score

Score 2024

44 / 100

Weak

Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability50▼-33

Solvency15▼-17

Growth32▼-26

Track record100

Bankruptcy probability, 12 months

0.5% Very low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.06 against 0.06 in 2023; short-term debt: 104.9% and cash: 5.3% of total assets), and equity is negative.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 2024

Solvency, return and age of the figures

Solvency

-10.1%

Return on assets

-19.4%

Age of the figures

21 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 82

Relative position

BE, all sectors

reference

Office administrative, office support and other business support activities (NACE 82)

about 37% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-06-2026, 41 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

41 d early

2024

27 d late

2023

1 d early

2022

3 d late

2021

47 d early

2020

24 d late

2019

91 d late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 8 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 31 July (4 of the last 5 filed years within 41 days of that day).

Companies Code · seven months

Position in the running window

01-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage