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TarTarT

Active
Non-profit association·Gespecialiseerde beeld-, verlichtings- en geluidstechnieken· 25 yrs active
Hendrik Serruyslaan 18A ·8400 Oostende, Belgium
KBO/BCE: BE 0474.824.502
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Age25 yrs
Board11
Staff (FTE)5.5

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of TarTarT is < 0.1% (very low). The 2024 annual accounts show equity of €241k and a net result of €76k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 35% of 54 sector peers (fiscal year 2024). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 17-06-2025 44 d early 2025-00156447
31-12-2023 31-07-2024 22-05-2024 70 d early 2024-00092240
31-12-2022 31-07-2023 06-07-2023 25 d early 2023-00223815
31-12-2021 31-07-2022 11-05-2022 81 d early 2022-20025095
31-12-2020 31-07-2021 28-04-2021 94 d early 2021-11800092
31-12-2019 31-07-2020 10-07-2020 21 d early 2020-31500056
31-12-2018 31-07-2019 25-06-2019 36 d early 2019-26300327
31-12-2017 31-07-2018 26-07-2018 5 d early 2018-39400352
31-12-2016 31-07-2017 16-05-2017 76 d early 2017-12300254
31-12-2015 31-07-2016 08-06-2016 53 d early 2016-16500276

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Long-established
Founded in 2001, 25 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
< 0.1% Very low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form Lower-failure-rate sector Long track record

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€76k
Working capital€468k+11.5%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 17-06-2025 with the NBB · fiscal year 2024 · verkort
€-200k€-100k€0€100kOperating result 2020: €8k€8kNet result 2020: €149k€149kOperating result 2021: €141k€141kNet result 2021: €142k€142kOperating result 2022: €-12k€-12kNet result 2022: €-12k€-12kOperating result 2023: €-178k€-178kNet result 2023: €-179k€-179kOperating result 2024: €77k€77kNet result 2024: €76k€76k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable Equity: stable across 7 fiscal years (±0.3%/year).
€100k€200k€300k€400k2025: €241k (€183k - €299k)2026: €242k (€149k - €334k)2027: €242k (€115k - €370k)2018: €237k2019: €205k2020: €213k2021: €355k2022: €343k2023: €165k2024: €241k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 90 · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 33.4% 49.2%
better than 35% of 54 sector peers
Net result €76k €14k
better than 76% of 54 sector peers
Equity €241k €184k
better than 54% of 54 sector peers
Gross operating margin €685k €62k
better than 77% of 54 sector peers
Total assets €720k €457k
better than 58% of 54 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P35
2021: P46 · n=382022: P51 · n=452023: P35 · n=502024: P35 · n=542021 2024
Weakening position over 2021-2024 · n=38-54
Net result P76
2021: P90 · n=382022: P25 · n=452023: P5 · n=502024: P76 · n=542021 2024
Weakening position over 2021-2024 · n=38-54
Equity P54
2021: P59 · n=382022: P63 · n=452023: P55 · n=502024: P54 · n=542021 2024
Stable position over 2021-2024 · n=38-54
Gross operating margin P77
2021: P75 · n=372022: P77 · n=442023: P69 · n=492024: P77 · n=542021 2024
Stable position over 2021-2024 · n=37-54
Describes the position versus peers, not a forecast.
EBITDA
€99k
- 18-24
Net profit
€76k
- 18-24
Cash flow
€98k
- 18-24
Total assets
€720k
+0.3% 18-24
Equity
€241k
+46.1% 18-24
Working capital
€468k
+11.5% 18-24
Employees (FTE)
6
-6.8% 18-24
Staff costs
€454k
-11.8% 18-24
Income taxes
€160
-64.6% 18-24
Debt
€479k
-13.4% 18-24
Debt ≤ 1y
€193k
-18.0% 18-24
Current ratio
3.42
+23.0% 18-24
Quick ratio
3.42
+23.0% 18-24
Solvency
33.4%
+45.7% 18-24
Debt / equity
1.99
-40.7% 18-24
ROE
31.5%
- 18-24
ROA
10.5%
- 18-24
Interest coverage
42.69
- 18-24
Figures by fiscal year
Fiscal year2024
Depositverkort
Revenue-
EBITDA€99k
Net profit€76k
Cash flow€98k
Staff costs€454k
Income taxes€160
Dividends-
Total assets€720k
Equity€241k
Debt€479k
of which ≤ 1y€193k
of which > 1y-
Working capital€468k
Employees (FTE)5.5
Ratios (computed)
2024
Current ratio3.42
Quick ratio3.42
Working capital ratio65.1%
Solvency33.4%
Debt / equity1.99
Long-term debt ratio-
Interest coverage42.69
Gross margin-
Net margin-
ROA10.5%
ROE31.5%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€720k
Fixed assets 21/28€58k
Intangible fixed assets 21€24k
Tangible fixed assets 22/27€35k
Financial fixed assets 28€150
Current assets 29/58€661k
Amounts receivable within one year 40/41€554k
Investments 50/53€67k
Cash & bank 54/58€30k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€720k
Equity 10/15€241k
Reserves 13€130k
Accumulated profits (losses) 14€111k
Amounts payable 17/49€479k
Amounts payable within one year 42/48€193k
Trade debts payable within one year 44€121k
Income statement
Gross operating margin 9900€685k
Operating result 9901€77k
Financial income 75€1k
Financial charges 65€2k
Result before taxes 9903€76k
Income taxes 67/77€160
Net result for the period 9904€76k
Result to be appropriated 9905€76k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
94 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

under verification
Directors derived from a single State Gazette act, under verification
All 11 current directors first appear in the same act (25097030). Founders or capital subscribers may have been counted as directors here; the real board composition is being verified.
Current directors & mandates
  • Guinevere Claeys
    Director
    State Gazette act 25097030 (30-07-2025)
    Current
    07-05-2025 → present
  • Hans Rabaey
    Director
    State Gazette act 25097030 (30-07-2025)
    Current
    07-05-2025 → present
  • Patrick Allegaert
    Director
    State Gazette act 25097030 (30-07-2025)
    Current
    07-05-2025 → present
    3 events
    • 07-05-2025 Resigned· Director
    • 07-05-2025 Appointed· Director
    • 23-03-2016 Mandate renewed· Director
  • Sara Debosschere
    Director
    State Gazette act 25097030 (30-07-2025)
    Current
    07-05-2025 → present
  • Sigrid Geldhof
    Director
    State Gazette act 25097030 (30-07-2025)
    Current
    07-05-2025 → present
  • Véronique Misseghers
    Director
    State Gazette act 25097030 (30-07-2025)
    Current
    07-05-2025 → present
  • Bart Geernaert
    Director
    State Gazette act 25097030 (30-07-2025)
    Current
    27-04-2024 → present
    2 events
    • 07-05-2025 Appointed· Director
    • 27-04-2024 Appointed· Director
  • Evelyne Coussens
    Director
    State Gazette act 25097030 (30-07-2025)
    Current
    27-04-2024 → present
    2 events
    • 07-05-2025 Appointed· Director
    • 27-04-2024 Appointed· Director
  • Geert Lambert
    Director
    State Gazette act 25097030 (30-07-2025)
    Current
    23-03-2016 → present
    3 events
    • 07-05-2025 Appointed· Director
    • 04-01-2024 Appointed· Director
    • 23-03-2016 Mandate renewed· Director
  • Peter Verbanck
    Director
    State Gazette act 25097030 (30-07-2025)
    Current
    23-03-2016 → present
    3 events
    • 07-05-2025 Appointed· Director
    • 14-08-2020 Appointed· Director
    • 23-03-2016 Mandate renewed· Director
  • Tine Wyns
    Director
    State Gazette act 25097030 (30-07-2025)
    Current
    23-03-2016 → present
    3 events
    • 07-05-2025 Appointed· Director
    • 04-01-2024 Mandate renewed· Director
    • 23-03-2016 Mandate renewed· Director
Historic, not recently confirmed (10)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
  • Dirk Pauwels
    Director
    State Gazette act 16075462 (01-06-2016)
    Not recently confirmed
    last confirmed in an act from 2016
  • Jan Timmermans
    Director
    State Gazette act 16075462 (01-06-2016)
    Not recently confirmed
    last confirmed in an act from 2016
  • Jan Vander Elst
    Director
    State Gazette act 16075462 (01-06-2016)
    Not recently confirmed
    last confirmed in an act from 2016
  • Jean Lammens
    Director
    State Gazette act 16075462 (01-06-2016)
    Not recently confirmed
    last confirmed in an act from 2016
  • Kathleen Weyts
    Director
    State Gazette act 16075462 (01-06-2016)
    Not recently confirmed
    last confirmed in an act from 2016
  • Luc Bosmans
    Director
    State Gazette act 16075462 (01-06-2016)
    Not recently confirmed
    last confirmed in an act from 2016
  • Sarah De Bosschere
    Director
    State Gazette act 16075462 (01-06-2016)
    Not recently confirmed
    last confirmed in an act from 2016
  • Sofie Vandamme
    Director
    State Gazette act 16075462 (01-06-2016)
    Not recently confirmed
    last confirmed in an act from 2016
  • Stefaan Kerger
    Director
    State Gazette act 16075462 (01-06-2016)
    Not recently confirmed
    last confirmed in an act from 2016
  • Steven Heene
    Director
    State Gazette act 16075462 (01-06-2016)
    Not recently confirmed
    last confirmed in an act from 2016
Former directors (7)
  • Jos Geysels
    Director
    State Gazette act 16075462 (01-06-2016)
    Former
    23-03-2016 → 07-05-2025
    2 events
    • 07-05-2025 Resigned· Director
    • 23-03-2016 Appointed· Director
  • Kristina Wyns
    Director
    State Gazette act 25097030 (30-07-2025)
    Former
    - → 07-05-2025
  • Michel De Baer
    Director
    State Gazette act 25097030 (30-07-2025)
    Former
    - → 07-05-2025
  • Tülin Erkan
    Director
    State Gazette act 25097030 (30-07-2025)
    Former
    - → 07-05-2025
  • Jan Vanroose
    Director
    State Gazette act 16075462 (01-06-2016)
    Former
    23-03-2016 → 14-08-2020
    2 events
    • 14-08-2020 Resigned· Director
    • 23-03-2016 Mandate renewed· Director
  • Raad van Bestuur
    Director
    State Gazette act 20094397 (14-08-2020)
    Former
    - → 14-08-2020
  • Jan Van Roose
    Director
    State Gazette act 19067539 (17-05-2019)
    Former
    - → 01-09-2019
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Statutory auditor

2 auditors
Statutory auditor IRE/IBR number Tenure
Walter HostenCurrent
Statutory auditor
- 14-08-2020 → present
BVBA Walter Hosten
Statutory auditor · represented by Walter Hosten
succeeded by Walter Hosten in 2020
- 24-10-2014 → 14-08-2020
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Gespecialiseerde beeld-, verlichtings- en geluidstechnieken(90393)
Legal form Non-profit association(017)
Incorporation01-04-2001
StatusActive
Postal code8400

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Hendrik Serruyslaan 18A8400 Oostende

Establishment units

1 location
TarTarT
Vaartdijk-Zuid 31, 8432 MiddelkerkeProductie van kunstmanifestaties en voorstellingen door artistieke ensembles
since 20072.159.651.154
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area3,398 m²
Buildings2
Building footprint2,958 m²
Volume (LiDAR)53,238 m³
Tallest building30.9 m · ±7 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35013A1010/00D000
ProtectedMonumentPostgebouwSource ↗
Flanders 2,840 m² 1 · 2,798 m² 30.9 m · 7 fl.
35008D0009/00Y000 Flanders 557 m² 1 · 160 m² 10.4 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

13 acts
Capital history · 1
24-10-2014
v3.2
Address history · 1
08-05-2006
v3.2
All acts · 13 updated 2 months ago
2026
09-06-2026 General meeting · Power of attorney · Approval · Auditor report Open-capture extraction
  • Filing: 2026-05-29 · Tartart vzw
  • General meeting: 2026-05-26 · Tartart vzw
  • Power of attorney · Bart Geernaert
  • Power of attorney · Tine Wyns
  • Power of attorney · Jan Timmermans
  • Approval: agenda · Tartart vzw
  • Approval: previous_meeting_report · Tartart vzw
  • Auditor report: 2025 · Tartart vzw
  • Approval: annual_accounts_2025 · Tartart vzw
  • Approval: board_report_2025 · Tartart vzw
  • Officer discharge: 2025 · Tartart vzw
  • Officer discharge: 2025 · Tartart vzw
  • Auditor mandate: reappointment · Tartart vzw
  • Officer appointment: algemeen & zakelijk leider & bijgevolg ook als dagelijks bestuurder · Tartart vzw
  • Approval: budget_2026 · Tartart vzw
  • Publication: 2026-06-09
  • Act object: Verslag van de Algemene Vergadering van 26 mei 2026
  • Power of attorney · Tartart vzw
  • Power of attorney · Tartart vzw
  • Power of attorney · Tartart vzw
  • Power of attorney · Tartart vzw
  • Power of attorney · Tartart vzw
  • Power of attorney · Tartart vzw
  • Power of attorney · Tartart vzw
  • Power of attorney · Tartart vzw
  • Power of attorney · Tartart vzw
  • Power of attorney · Tartart vzw
  • Power of attorney · Tartart vzw
  • Power of attorney · Tartart vzw
  • Power of attorney · Tartart vzw
  • Power of attorney · Tartart vzw
  • Power of attorney: role: TAZLAB · Tartart vzw
  • Power of attorney: role: artistieke leiding · Tartart vzw
Summary: General meeting · Power of attorney · Approval · Auditor report
2025
30-07-2025 11 directors appointed, 5 resigning Director changes
  • Geert Lambert, Bestuurder
  • Peter Verbanck, Bestuurder
  • Tine Wyns, Bestuurder
  • Patrick Allegaert, Bestuurder
  • Véronique Misseghers, Bestuurder
  • Sara Debosschere, Bestuurder
  • Sigrid Geldhof, Bestuurder
  • Guinevere Claeys, Bestuurder
Summary: v3.2
2024
09-07-2024 2 directors appointed Director changes
  • Bart Geernaert, Bestuurder
  • Evelyne Coussens, Bestuurder
Summary: v3.2
04-01-2024 1 director appointed, 1 reappointed Director changes
  • Geert Lambert, Bestuurder
  • Tine Wyns, Bestuurder
Summary: v3.2
04-01-2024 Articles of association amended Statutes amendment
2023
01-06-2023 Walter Hosten reappointed as statutory auditor Director changes
  • Walter Hosten, Commissaris
Summary: v3.2
2022
24-05-2022 Change in the board of directors Director changes
2020
14-08-2020 1 director appointed, 3 resigning, 1 reappointed Director changes
  • Peter Verbanck, Bestuurder
  • Raad van Bestuur, Bestuurder
  • Walter Hosten, Commissaris
  • Jan Vanroose, Bestuurder
  • Walter Hosten, Commissaris
Summary: v3.2
2019
17-05-2019 Articles of association amended Statutes amendment
2017
29-11-2017 Walter Hosten reappointed as statutory auditor Director changes
  • Walter Hosten, Commissaris
Summary: v3.2
2016
01-06-2016 1 director appointed, 15 reappointed Director changes
  • Jos Geysels, Bestuurder
  • Patrick Allegaert, Bestuurder
  • Stefaan Kerger, Bestuurder
  • Kathleen Weyts, Bestuurder
  • Jan Timmermans, Bestuurder
  • Jean Lammens, Bestuurder
  • Peter Verbanck, Bestuurder
  • Jan Vanroose, Bestuurder
Summary: v3.2
2014
24-10-2014 Transaction in capital or shares Capital & shares
2006
08-05-2006 Registered office moved from Gent to Leffinge Registered-office change
  • Gasmeterlaan 201, 9000 Gent → Vaartdijk-Zuid 31, 8432 Leffinge
Summary: v3.2

Analysis

Snowflake analysis

financial profile on 5 axes
Health94Profitability100Solvency75Growth52Stability100
84 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 94
Profitability 100
Solvency 75
Growth 52
Stability 100

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verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Beoefening van uitvoerende kunsten door artistieke ensembles90012Gespecialiseerde beeld-, verlichtings- en geluidstechnieken90023Beoefening van uitvoerende kunsten door artistieke ensembles90202Gespecialiseerde beeld-, verlichtings- en geluidstechnieken90393Productie van kunstmanifestaties en voorstellingen door artistieke ensembles92312Diensten verwant aan de scheppende en uitvoerende kunst92313Beoefening van uitvoerende kunsten door artistieke ensembles90012Beoefening van uitvoerende kunsten door artistieke ensembles90202Productie van kunstmanifestaties en voorstellingen door artistieke ensembles92312
Primary activity highlighted.
Names & trade names
Legal nameNL TarTarT
Registered office
Hendrik Serruyslaan 18A
8400 Oostende, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.