Equity
€47,003 from €206,798 in 2009
Equity fell by 77% in 16 years.
TARPEX
Lifetime
19 annual accounts with figures on one time axis, 36 filings since 1990peak €268,024 (2008)
€26,121▲ 4.1%
lowest -€55,960 (2020)
€3,833▲ 32.5%
peak €206,798 (2009)
€47,003▲ 8.9%
€259,649▲ 1.1%
peak 5.6 FTE (2007)
-not published
Board2 names since 2022
1 directorVan De Wyngaert Patrick
Documentsfilings and deeds
30-12-202532 days before the deadline
2025micro format
Result from €2,892 to €3,833
Key points
from the 2025 annual accountsChecked score
67
Healthy
Financially stronger than 32% of micro companies in textiles (NACE 13)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 496 companies (NACE 13, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.1%▼ -0.3 percentage points vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025lowest value
08-2025: 0.1%● unchanged vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.2%▲ +0.1 percentage points vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.7%▲ +0.5 percentage points vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 0.7%● unchanged vs 07-2026
09-2026: 0.7%● unchanged vs 08-2026
10-2026: 0.7%● unchanged vs 09-2026
11-2026: 0.8%▲ +0.1 percentage points vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
1 change of registered office in 24 months
Liquidity: current ratio 1.15
lowers risk
Size: total assets €306,652
Founded in 1989
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 13, micro). It does better than 22% of them on solvency, 14% on liquidity, 27% on profitability and 64% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,984 companies had the same profile as TARPEX has now. Each dot stands for 10 companies, two years later.
96.5%
were still trading
2.3%
stopped another way
1.1%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TARPEX itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,447 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 3,984 companies, not a prediction for TARPEX. 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
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.15 (1.34 in 2024), below the usual 1.5. Short-term debt is 75.7% of total assets. 84.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 30-12-2025, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 days early
2024
36 days early
2023
33 days early
2022
33 days early
2021
6 days late
2020
31 days early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 23 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 29 December (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0436746557
Registered office moved within Stabroek
New registered office: Kerkstraat 107. 2940 Stabroek · Previous registered office: Kerkstraat 105, 2940 Stabroek, België · Resignation: Van De Wyngaert Patrick (director) · Gazette deed
First establishment
Kerkstraat 107, Stabroek
Incorporation
published on 10-03-1989 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TARPEX Stabroek | €306,652 | €26,121 | 15.3% | - |
| BYCKHOVE Wijnegem | €286,495 | €24,726 | 60.7% | - |
| DOFIN Wommelgem | €357,989 | €26,689 | 86.6% | - |
| QUANTOR Aarschot | €296,498 | €21,258 | 92.5% | - |
| REYNIERS DIDIER Lokeren | €288,777 | €20,267 | 97.1% | - |
| JORI Zonhoven | €320,441 | €28,850 | 1.9% | - |
| JOHAN DAVID Boutersem | €305,209 | €24,537 | 49.6% | - |
These companies have the same main activity as TARPEX: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €286,000 and €358,000, founded between 1987 and 1993.
Official details
Source: KBO- Status
- Active since 15-02-1989Normal situation
- Activity
- Buying and selling of own real estateNACE 68110and 2 others
- Establishment unit
- 2.042.394.8812940 Stabroek, since 07-03-1989
- Financial year end
- 30 June
- Peppol
- Reachable since 12-09-2026
Annual accounts to 30-06-2025
- ≈ €71,000estimated
- €306,652▲ 2.2%
- Filing
- Filed on 30-12-2025, 32 days before the end of the filing period
Insights on TARPEX
TARPEX files the micro format. That format states no turnover. The gross margin fell from €238,063 in 2007 to €26,121 in 2025.
TT Beheer holds all the shares.
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 TARPEX
- What is the company number of TARPEX?
- The company number of TARPEX is 0436.746.557. The VAT number is the same number with BE in front: BE 0436.746.557.
- Where is TARPEX based?
- The registered office is at Kerkstraat 107, 2940 Stabroek.Company details
- What does TARPEX do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of TARPEX?
- TARPEX is a private limited company (pre-2019) (BVBA).
- When was TARPEX founded?
- TARPEX was founded on 15-02-1989.
- Is TARPEX still active?
- Yes, TARPEX is an active enterprise in the KBO register.
- How many employees does TARPEX have?
- TARPEX had an average of 1.8 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of TARPEX?
- The turnover in financial year 2025 is ≈ €71,000. This figure is estimated from the gross margin of €26,121 and 32 comparable companies (NACE 681). It probably lies between €39,000 and €150,000.
- Is TARPEX profitable?
- In financial year 2025, TARPEX made a profit of €3,833.
- Where can I find the annual accounts of TARPEX?
- TARPEX filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TARPEX due?
- TARPEX must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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