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Tart'es

Active
Private limited companyfounded 20233 yrs activeKrankebeek(RAM) 5, 2230 Herselt, BelgiumKBO/BCE: BE 0804.469.203
Summary

The computed 12-month bankruptcy probability of Tart'es is 2.2% (moderate). The 2025 annual accounts show equity of €13,587 and a net result of €8,587. Its solvency ranks better than 32% of 18626 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability61
Solvency37
Growth-
Track record79
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.34; short-term debt: 53.3% and cash: 10.2% of total assets), and 87.5% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 30-01-2026, 1 day ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
1 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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

On 1 August 2023, Tart'es was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

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

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Financials · fiscal year 2025, micro schema

Equity
€13,587
Total assets
€109,088
Net result
€8,587
Working capital
-€38,536

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €109,088
Fixed assets €89,425
Current assets €19,662
Equity and liabilities €109,088
Equity €13,587
Debt €95,501
Debt finances 87.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€36,890
Cash flow
€25,278
Current ratio
0.34
Quick ratio
0.29
Debt to equity
7.03
ROE
63.2%
ROA
7.9%
Interest coverage
3.92
Debt ≤ 1 year
€58,198
Debt > 1 year
€37,303
Income taxes
€2,195

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

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 7,976 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 · 43 lines
Balance sheet Code2025
Assets
Total assets20/58€109,088
Fixed assets21/28€89,425
Intangible fixed assets21€83,589
Tangible fixed assets22/27€1,836
Plant, machinery and equipment23€1,836
Financial fixed assets28€4,000
Current assets29/58€19,662
Stocks and contracts in progress3€2,536
Stocks30/36€2,536
Amounts receivable within one year40/41€5,146
Trade receivables40€5,046
Other amounts receivable41€100
Cash at bank and in hand54/58€11,080
Deferred charges and accrued income490/1€900
Equity and liabilities
Total equity and liabilities10/49€109,088
Equity10/15€13,587
Contributions10/11€5,000
Reserves13€8,587
Distributable reserves133€8,587
Amounts payable17/49€95,501
Amounts payable after more than one year17€37,303
Financial debts170/4€37,303
Amounts payable within one year42/48€58,198
Current portion of amounts payable after more than one year42€13,598
Trade debts44€9,743
Suppliers440/4€9,743
Taxes, remuneration and social security45€5,009
Taxes450/3€3,009
Remuneration and social security454/9€2,000
Other amounts payable47/48€29,849
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,691
Other operating charges640/8€3,892
Gross operating margin9900€40,782
Operating profit (loss)9901€20,199
Financial charges65/66B€9,417
Recurring financial charges65€9,417
Profit (loss) for the period before taxes9903€10,782
Income taxes67/77€2,195
Profit (loss) for the period9904€8,587
Profit (loss) for the period to be appropriated9905€8,587
Appropriation of the result
Profit (loss) to be appropriated9906€8,587
Transfer to equity691/2€8,587
To other reserves6921€8,587

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,691
Other operating charges640/8€3,892
Gross operating margin9900€40,782
Operating profit (loss)9901€20,199
Financial charges65/66B€9,417
Recurring financial charges65€9,417
Profit (loss) for the period before taxes9903€10,782
Income taxes67/77€2,195
Profit (loss) for the period9904€8,587
Profit (loss) for the period to be appropriated9905€8,587
Line2025
Assets
Total assets20/58€109,088
Fixed assets21/28€89,425
Intangible fixed assets21€83,589
Tangible fixed assets22/27€1,836
Plant, machinery and equipment23€1,836
Financial fixed assets28€4,000
Current assets29/58€19,662
Stocks and contracts in progress3€2,536
Stocks30/36€2,536
Amounts receivable within one year40/41€5,146
Trade receivables40€5,046
Other amounts receivable41€100
Cash at bank and in hand54/58€11,080
Deferred charges and accrued income490/1€900
Equity and liabilities
Total equity and liabilities10/49€109,088
Equity10/15€13,587
Contributions10/11€5,000
Reserves13€8,587
Distributable reserves133€8,587
Amounts payable17/49€95,501
Amounts payable after more than one year17€37,303
Financial debts170/4€37,303
Amounts payable within one year42/48€58,198
Current portion of amounts payable after more than one year42€13,598
Trade debts44€9,743
Suppliers440/4€9,743
Taxes, remuneration and social security45€5,009
Taxes450/3€3,009
Remuneration and social security454/9€2,000
Other amounts payable47/48€29,849
Line2025
Profit (loss) for the period9904€8,587
+ Depreciation and write-downs630€16,691
Operating cash flow (approximation)€25,278

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

2026
30-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Herselt · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
831 m²
Building footprint
435 m²
Volume, LiDAR
1,880 m³
2 parcels, Flanders · tallest building 9.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Tart'es
Kerkstraat 4, 2230 HerseltRetail sale of meat and meat products, excluding game and poultry
since 20232.348.131.260
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13034I0263/00D000 Flanders 520 m² 1 · 158 m² 4.9 m · 1 fl.
13392M0281/00C002 Flanders 311 m² 1 · 277 m² 9.1 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Herselt2.348.131.260
2 permissions
Toelating · Detailhandel · since 01-11-2023
Toelating · Eetgelegenheid · since 01-11-2023

Similar companies · same sector, comparable size

Of 2,404 companies in sector 47241 we hold annual accounts for 1,101. 757 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
Founded01-08-2023
Fiscal year end30-06
Activities, NACEBEL 2025
47241Retail sale of bread and pastry (bakery outlets)
47221Retail sale of meat and meat products, excluding game and poultry
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0804469203
Also 9925:BE0804469203
Registered 03-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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