Equity
€40,066 from €74,264 in 2012
Equity fell by 46% in 13 years.
TARGO
Lifetime
18 annual accounts with figures on one time axispeak €124,983 (2008)
-€4,093▼ €16,612
lowest -€44,530 (2017)
-€9,631▼ €15,849
peak €74,264 (2012)
€40,066▼ 19.4%
€35,357▼ 34.5%
peak 1 FTE (2016)
0 FTE
Board1 name since 2021
1 director
Documentsfilings and deeds
22-07-20269 days before the deadline
2025abbreviated format
Gross margin from €12,519 to -€4,093Loss of €9,631Registered office moved from Boechout to Antwerp 24-04Equity from €49,697 to €40,066Debts from €53,972 to €35,357Cash from €10,504 to €3,075
Key points
from the 2025 annual accountsInvestments
€14,509 31.7 × depreciation
Green is investment, beige is depreciation.
Filings
18 annual accounts since 2008
The last five annual accounts were filed 3 to 16 days before the end of the period.
Turnover not published (abbreviated or micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,805 companies had the same profile as TARGO has now. Each dot stands for 13 companies, two years later.
88.1%
were still trading
9.8%
stopped another way
2.0%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 4,805 companies, not a prediction for TARGO. 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.
Credit verdict
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Signals
Recent changes
Registered office moved from Boechout to Antwerp
New registered office: Adriaan Brouwerstraat 10 bus 3 te 2000 Antwerpen · Previous registered office: Jan Frans Willemsstraat 81 te 2530 Boechout · Board meeting of 20-11-2024 · Gazette deed
Incorporation
published on 29-01-2007 · Gazette deed
First establishment
Adriaan Brouwerstraat 10, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TARGO Antwerp | €75,423 | -€4,093 | 53.1% | 0 |
| JEAN-PIERRE DE ROUS Wevelgem | €50,115 | -€2,871 | 71.2% | 0 |
| STORM 25 Antwerp | €99,781 | €262 | -219.3% | 0 |
| K.D. ENGINEERING Hamont-Achel | €147,406 | -€14,092 | 59.6% | 0 |
| ESTABLIS ANTWERPEN Ghent | €167,198 | -€10,218 | 85.4% | 0 |
| STORM 14 Antwerp | €49,141 | -€1,675 | -751.2% | 0 |
| STORM 19 Antwerp | €166,112 | -€1,763 | -17.8% | 0 |
These companies have the same main activity as TARGO: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €49,100 and €167,000, founded between 1999 and 2016.
Official details
Source: KBO- Status
- Active since 18-01-2007Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 3 others
- Establishment unit
- 2.159.590.9742000 Antwerp, since 18-01-2007
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €75,423▼ 27.2%
- Filing
- Filed on 22-07-2026, 9 days before the end of the filing period
Insights on TARGO
TARGO files the abbreviated format. That format states no turnover. The gross margin fell from €124,983 in 2008 to -€4,093 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TARGO
- What is the company number of TARGO?
- The company number of TARGO is 0886.519.127. The VAT number is the same number with BE in front: BE 0886.519.127.
- Where is TARGO based?
- The registered office is at Adriaan Brouwerstraat 10, 2000 Antwerp.Company details
- What does TARGO do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of TARGO?
- TARGO is a private limited company (pre-2019) (BVBA).
- When was TARGO founded?
- TARGO was founded on 18-01-2007.
- Is TARGO still active?
- Yes, TARGO is an active enterprise in the KBO register.
- What is the turnover of TARGO?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is TARGO profitable?
- In financial year 2025, TARGO made a loss of €9,631.
- Where can I find the annual accounts of TARGO?
- TARGO filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TARGO due?
- TARGO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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