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TARHAN

Active
Private limited company (pre-2019)founded 201115 yrs activeDampoortstraat 109 A, 9000 Gent, BelgiumKBO/BCE: BE 0834.007.384
Summary

The computed 12-month bankruptcy probability of TARHAN is 1.9% (moderate). The 2025 annual accounts show equity of €4,492 and a net result of -€1,038. Equity is shrinking by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 61% of 3757 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability14▼-1
Solvency66▼-9
Growth32=
Track record100
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · 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 2025
Solvency, return and age of the figures
Solvency
40.6%
Return on assets
-9.4%
Age of the figures
9 mo
lowers risk · 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
highest failure risk from 2 to 8 years 15 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
30 d late
2024
26 d late
2023
25 d late
2022
24 d late
2021
22 d late
2020
23 d late
2019
19 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 24 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (2)
neutral · 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.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

TARHAN was incorporated on 23 February 2011.1 Total assets went from EUR 11,518 in 2018 to EUR 11,076 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€4,492▼ 18.8%
2024 · €5,530
Total assets
€11,076=
2024 · €11,076
Net result
-€1,038▼ 5.0%
2024 · -€989
Working capital
€3,033▼ 25.5%
2024 · €4,072
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€828▼ 1.4%-€868▼ 4.8%-€879▼ 1.3%-€989▼ 12.6%-€1,038▼ 5.0%
Net result-€828▼ 1.4%-€868▼ 4.8%-€879▼ 1.3%-€989▼ 12.6%-€1,038▼ 5.0%
Equity€8,265▼ 9.1%€7,398▼ 10.5%€6,519▼ 11.9%€5,530▼ 15.2%€4,492▼ 18.8%
Total assets€11,076▼ 3.8%€11,076=€11,076=€11,076=€11,076=
Debt€2,811▲ 15.9%€3,679▲ 30.9%€4,557▲ 23.9%€5,546▲ 21.7%€6,584▲ 18.7%
Working capital€6,807▼ 10.8%€5,939▼ 12.7%€5,060▼ 14.8%€4,072▼ 19.5%€3,033▼ 25.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€1,500-€1,000-€500€0Operating result 2021: -€828-€828Net result 2021: -€828-€828Operating result 2022: -€868-€868Net result 2022: -€868-€868Operating result 2023: -€879-€879Net result 2023: -€879-€879Operating result 2024: -€989-€989Net result 2024: -€989-€989Operating result 2025: -€1,038-€1,038Net result 2025: -€1,038-€1,03820212022202320242025-€1,500-€1,000-€500€0Operating result 2023: -€879-€879Net result 2023: -€879-€879Operating result 2024: -€989-€989Net result 2024: -€989-€989Operating result 2025: -€1,038-€1,040Net result 2025: -€1,038-€1,040202320242025
The operating result stays negative: a loss of €1,038 in 2025 against €989 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11,051
Fixed assets €1,433 =
Current assets €9,618 =
Equity and liabilities €11,076
Equity €4,492 ▼ 18.8%
Debt €6,584 ▲ 18.7%
Debt's share of the balance-sheet total rises from 50.1% to 59.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
1.46▼
2024 · 1.73
Debt to equity
1.47▲
2024 · 1.00
ROE
-23.1%▼
2024 · -17.9%
ROA
-9.4%▼
2024 · -8.9%
Debt ≤ 1 year
€6,584▲
2024 · €5,546
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,916 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.8% stopped otherwise
91% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 74% 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 6,916 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€11,076€11,076=
Formation expenses20€25€25=
Fixed assets21/28€1,433€1,433=
Tangible fixed assets22/27€1,237€1,237=
Plant, machinery and equipment23€1,237€1,237=
Financial fixed assets28€196€196=
Current assets29/58€9,618€9,618=
Cash at bank and in hand54/58€9,618€9,618=
Equity and liabilities
Total equity and liabilities10/49€11,076€11,076=
Equity10/15€5,530€4,492▼
Contributions10/11€18,600€18,600=
Capital10€18,600€18,600=
Issued capital100€18,600€18,600=
Reserves13€139€139=
Non-distributable reserves130/1€139€139=
Legal reserve130€139€139=
Profit (loss) carried forward14-€13,209-€14,248▼
Amounts payable17/49€5,546€6,584▲
Amounts payable within one year42/48€5,546€6,584▲
Other amounts payable47/48€5,546€6,584▲
Income statement Code20242025
Other operating charges640/8€488€488=
Gross operating margin9900-€501-€550▼
Operating profit (loss)9901-€989-€1,038▼
Profit (loss) for the period before taxes9903-€989-€1,038▼
Profit (loss) for the period9904-€989-€1,038▼
Profit (loss) for the period to be appropriated9905-€989-€1,038▼
Appropriation of the result
Profit (loss) to be appropriated9906-€13,209-€14,248▼
Profit (loss) brought forward from the previous period14P-€12,221-€13,209▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€468€468-€488€488=
Gross operating margin9900-€360-€400-€879-€501-€550▼ 9.8%
Operating profit (loss)9901-€828-€868-€879-€989-€1,038▼ 5.0%
Profit (loss) for the period before taxes9903-€828-€868-€879-€989-€1,038▼ 5.0%
Profit (loss) for the period9904-€828-€868-€879-€989-€1,038▼ 5.0%
Profit (loss) for the period to be appropriated9905-€828-€868-€879-€989-€1,038▼ 5.0%
Line20212022202320242025Change
Assets
Total assets20/58€11,076€11,076€11,076€11,076€11,076=
Formation expenses20€25€25€25€25€25=
Fixed assets21/28€1,433€1,433€1,433€1,433€1,433=
Tangible fixed assets22/27€1,237€1,237€1,237€1,237€1,237=
Plant, machinery and equipment23€1,237€1,237€1,237€1,237€1,237=
Financial fixed assets28€196€196€196€196€196=
Current assets29/58€9,618€9,618€9,618€9,618€9,618=
Cash at bank and in hand54/58€9,618€9,618€9,618€9,618€9,618=
Equity and liabilities
Total equity and liabilities10/49€11,076€11,076€11,076€11,076€11,076=
Equity10/15€8,265€7,398€6,519€5,530€4,492▼ 18.8%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Capital10€18,600€18,600€18,600€18,600€18,600=
Issued capital100€18,600€18,600€18,600€18,600€18,600=
Reserves13€139€139€139€139€139=
Non-distributable reserves130/1€139€139€139€139€139=
Legal reserve130€139€139€139€139€139=
Profit (loss) carried forward14-€10,474-€11,342-€12,221-€13,209-€14,248▼ 7.9%
Amounts payable17/49€2,811€3,679€4,557€5,546€6,584▲ 18.7%
Amounts payable within one year42/48€2,811€3,679€4,557€5,546€6,584▲ 18.7%
Other amounts payable47/48€2,811€3,679€4,557€5,546€6,584▲ 18.7%
Line20212022202320242025Change
Profit (loss) for the period9904-€828-€868-€879-€989-€1,038▼ 5.0%
Operating cash flow (approximation)-€828-€868-€879-€989-€1,038▼ 5.0%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€0€0€0€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
2025
31-12
Financial Weakest financial yearnet -€1,038
Net result drops to -€1,038, the lowest in the series.
26-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
25-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 25 days late
2023
24-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
22-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
23-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
19-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
27-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent
exact location from the address register On OpenStreetMap
Ground area
100 m²
Building footprint
66 m²
Volume, LiDAR
922 m³
Parcel 44804D0232/00H000, Flanders · tallest building 16.7 m, ±5 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44804D0232/00H000 Flanders 100 m² 1 · 66 m² 16.7 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 21,859 companies in sector 56112 we hold annual accounts for 9,779. 4,952 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded23-02-2011
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.