TAROSS
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 31-01-2026 PDF all 2 filings
Every figure per financial year
The operating result for 2025 is 83% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 30-06-2024 | 30-06-2025 |
|---|---|---|
| Tangible fixed assets | €1,429 | €1,286 |
| Depreciation and write-downs of the year | €2,148 | €802 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,148 | €802 | ▼ 62.7% |
| Other operating charges640/8 | €482 | €323 | ▼ 33.0% |
| Gross operating margin9900 | €7,005 | €1,866 | ▼ 73.4% |
| Operating profit (loss)9901 | €4,376 | €741 | ▼ 83.1% |
| Financial income75/76B | €0 | - | - |
| Recurring financial income75 | €0 | - | - |
| Financial charges65/66B | €184 | €385 | ▲ 109% |
| Recurring financial charges65 | €184 | €385 | ▲ 109% |
| Profit (loss) for the period before taxes9903 | €4,192 | €356 | ▼ 91.5% |
| Income taxes67/77 | €1,350 | €252 | ▼ 81.4% |
| Profit (loss) for the period9904 | €2,842 | €104 | ▼ 96.3% |
| Profit (loss) for the period to be appropriated9905 | €2,842 | €104 | ▼ 96.3% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €13,647 | €11,446 | ▼ 16.1% |
| Fixed assets21/28 | €1,084 | €1,569 | ▲ 44.7% |
| Tangible fixed assets22/27 | €1,084 | €1,569 | ▲ 44.7% |
| Plant, machinery and equipment23 | €1,084 | €1,569 | ▲ 44.7% |
| Current assets29/58 | €12,563 | €9,877 | ▼ 21.4% |
| Amounts receivable within one year40/41 | €7,568 | €5,210 | ▼ 31.2% |
| Trade receivables40 | €7,568 | €5,150 | ▼ 32.0% |
| Other amounts receivable41 | - | €60 | - |
| Cash at bank and in hand54/58 | €4,994 | €4,667 | ▼ 6.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €13,647 | €11,446 | ▼ 16.1% |
| Equity10/15 | €3,342 | €3,446 | ▲ 3.1% |
| Contributions10/11 | €500 | €500 | = |
| Profit (loss) carried forward14 | €2,842 | €2,946 | ▲ 3.7% |
| Amounts payable17/49 | €10,305 | €8,000 | ▼ 22.4% |
| Amounts payable within one year42/48 | €9,835 | €6,769 | ▼ 31.2% |
| Trade debts44 | €2,908 | €898 | ▼ 69.1% |
| Suppliers440/4 | €2,908 | €898 | ▼ 69.1% |
| Taxes, remuneration and social security45 | €6,928 | €5,871 | ▼ 15.2% |
| Taxes450/3 | €5,028 | €3,971 | ▼ 21.0% |
| Remuneration and social security454/9 | €1,900 | €1,900 | = |
| Accrued charges and deferred income492/3 | €470 | €1,231 | ▲ 162% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €2,842 | €104 | ▼ 96.3% |
| + Depreciation and write-downs630 | €2,148 | €802 | ▼ 62.7% |
| Operating cash flow (approximation) | €4,990 | €906 | ▼ 81.8% |
| Investment in fixed assets (approximation) | - | -€1,286 | - |
| Change in cash | - | -€327 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,546 companies had the same profile as TAROSS has now. Two years later, 94.3% were still going and 2.3% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TAROSS itself: 1.4% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,546 companies, not a prediction for TAROSS. 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.