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TARSIS

Active
Private limited companyfounded 1993active for 33 yearsPittemstraat 89, 8760 Tielt, BelgiumKBO/BCE: BE 0449.182.848
Summary

TARSIS has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.4m and a net result of -€179,912. Equity remains stable across the filed financial years (±2.1% per year). Its solvency ranks better than 87% of 128 sector peers (NACE 80, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Investigation and private security services
NACE 80010
2nd largest company by equity in West Flanders, Security and investigation sector1 site
Size
€5.3mtotal assets 2025
Equity
€4.4m
Loss
-€179,912
Turnover not published (abbreviated format)
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Holdings
2
Accounts 126 days early0 of 4 deeds read
Why 94raises riskLoss of €179,912, the second in a row (financial year 2025)Liquidity: current ratio 1.05, cash €219,304lowers riskSize: total assets €5.3mFigures for financial year 2025 (filed 27-03-2026)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 49% of its sector peers (NACE 80, small)
Financial strength · tick = 2024
Average
Solvency 100=
equity 82.3% of total assets
Liquidity 52+2
short-term debt 15.2% · cash 4.1%
Profitability 15-24
return on assets -3.4%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (61 companies, NACE 80, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged 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: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.2 percentage points vs 08-2025 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: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: < 0.1%▼ -0.1 percentage points vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €410,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.05, compared with 1.18 in 2024, below the usual 1.5; short-term debt: 15.2% and cash: 4.1% of total assets), and 17.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 80, small): better than 95% on solvency, 58% on liquidity, 17% on profitability and 28% on growth.

The bankruptcy probability was computed on 20-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €5.3m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €179,912, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.05, cash €219,304
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 27-03-2026)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€179,912
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-03-2026, 126 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
126 days early
2024
26 days late
2023
145 days early
2022
133 days early
2021
72 days early
2020
143 days early
2019
52 days early
← 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 92 days before the deadline; the sector median (NACE 80) for financial year 2024 is 2 days before the deadline, and 42% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 March (4 of the last 5 filed years within 54 days of that day).
Companies Code · seven months
Where today falls in the filing period
21-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2025 -€179,912 View
  • Caution: Among the weakest 5% on net resultsector median €20,518 · 128 companies -€179,912 View
  • Active since 1993founded 08-01-1993 33 years View

By topic

Financials

Financial year
2025
Total assets
€5.3m
Loss
-€179,912
Solvency
82.3%
Total assets▼ 1.2%
Net result
20182025
Go to Financials

Timeline

Events
35
Since
1995
Next accounts
by 31-07-2027
  1. 31-12-2023Weakest financial year
  2. 20-03-2023Annual accounts filed
  3. 31-12-2022Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Investigation and private security servicesNACE 80010
Founded
08-01-1993
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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