TARNARII
ActiveThe computed 12-month bankruptcy probability of TARNARII is 4.1% (elevated). The 2025 annual accounts show equity of €56k and a net result of €21k. Equity is growing by ~53.5% per year across the filed fiscal years. Its solvency ranks better than 53% of 27676 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-1
Solvency75▲+4
Growth52▲+17
Track record94
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity ample (current ratio 1.73 against 1.66 in 2024; short-term debt: 50.3% and cash: 19.4% of total assets), but 50.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.7%
Return on assets
18.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 21-10-2025, 102 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
102 d early
2024
257 d late
2023
21 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€495k▲ 11.3%
2024 · €444k
2023: €821k
2024: €444k
2023 → 2025
EBIT margin
6.3%▲ 0.6pp
2024 · 5.7%
2023: 2.9%
2024: 5.7%
2023 → 2025
Net result
€21k▲ 25.4%
2024 · €17k
2023: €18k
2024: €17k
2023 → 2025
Working capital
€41k▲ 57.0%
2024 · €26k
2023: €7k
2024: €26k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€821k-€444k▼ 45.9%€495k▲ 11.3%
Equity€18k-€35k▲ 90.5%€56k▲ 59.5%
Operating result€24k-€25k▲ 6.6%€31k▲ 22.4%
Net result€18k-€17k▼ 8.0%€21k▲ 25.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 22% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €112k
Fixed assets
€14k▲ 67.5%
Current assets
€98k▲ 47.0%
Equity and liabilities €112k
Equity
€56k▲ 59.5%
Debt
€56k▲ 40.5%
The debt ratio falls from 53.5% to 50.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€39k▲
2024 · €30k
Cash flow
€29k▲
2024 · €21k
Solvency
49.7%▲
2024 · 46.5%
Current ratio
1.73▲
2024 · 1.66
Quick ratio
1.73▲
2024 · 1.66
Debt / equity
1.01▼
2024 · 1.15
ROE
37.3%▼
2024 · 47.5%
ROA
18.5%▼
2024 · 22.1%
Interest coverage
113.73▼
2024 · 300.68
Debt
€56k▲
2024 · €40k
Debt ≤ 1 year
€56k▲
2024 · €40k
Income taxes
€10k▲
2024 · €9k
Staff costs
€1k▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€75k€112k▲
Fixed assets21/28€8k€14k▲
Tangible fixed assets22/27€8k€14k▲
Plant, machinery and equipment23€6k€6k▼
Furniture and vehicles24€2k€7k▲
Financial fixed assets28€600€600=
Current assets29/58€67k€98k▲
Amounts receivable within one year40/41€48k€74k▲
Trade receivables40€40k€65k▲
Other amounts receivable41€8k€10k▲
Cash at bank and in hand54/58€18k€22k▲
Deferred charges and accrued income490/1€508€2k▲
Equity and liabilities
Total equity and liabilities10/49€75k€112k▲
Equity10/15€35k€56k▲
Contributions10/11€300€300=
Profit (loss) carried forward14€35k€55k▲
Amounts payable17/49€40k€56k▲
Amounts payable within one year42/48€40k€56k▲
Trade debts44€26k€42k▲
Suppliers440/4€26k€42k▲
Taxes, remuneration and social security45€9k€10k▲
Taxes450/3€9k€10k▲
Other amounts payable47/48€5k€4k▼
Income statement
Code20242025
Turnover70€444k€495k▲
Non-recurring operating income76A€144-
Goods, raw materials, services and sundry goods60/61€404k€454k▲
Remuneration, social security and pensions62€2k€1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€8k▲
Other operating charges640/8€8k€553▼
Gross operating margin9900€40k€41k▲
Operating profit (loss)9901€25k€31k▲
Financial income75/76B€460-
Recurring financial income75€460-
Financial charges65/66B€98€346▲
Recurring financial charges65€98€346▲
Profit (loss) for the period before taxes9903€26k€31k▲
Income taxes67/77€9k€10k▲
Profit (loss) for the period9904€17k€21k▲
Profit (loss) for the period to be appropriated9905€17k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€35k€55k▲
Profit (loss) brought forward from the previous period14P€18k€35k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
21-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
15-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 257 days late
30-06
Financial
Highest result since 2023net €21k ▲25.4%
Operating result €31k, net result €21k, both a record.
2024
30-06
Financial
Weakest financial yearnet €17k ▼8%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
10-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Anderlecht · 1 establishment unit since 2022
Cannot be placed on the map
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.
Frans Halssquare 2/00031070 AnderlechtGround area
4,962 m²
Building footprint
1,012 m²
Volume, LiDAR
47,203 m³
Parcel 21308H0632/00X005, Brussels · tallest building 52.3 m, ±16 floors. Linked by address, not a title deed.
1 establishment unit
TARNARII
since 20222.330.160.922
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0632/00X005 | Brussels | 4,962 m² | 1 · 1,012 m² | 52.3 m · 16 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
RENOMET
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BE 0844.037.877
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JOVA
BE 0841.287.730
Nieuwerkerken (Limb.) · Eq €56k
MR GRAMMERS
BE 0778.939.494
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SUKCES
BE 0689.743.739
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,158 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-03-2022
Fiscal year end30-06
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.