TARTENCO
ActiveSummary
TARTENCO has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €14,814 and a net result of €3,246. Equity is growing by ~6.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability58▼-16
Solvency47▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.25 against 1.16 in 2023; short-term debt: 77.9% and cash: 7.7% of total assets), and 77.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
22.1%
Return on assets
4.8%
Age of the figures
21 mo
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
29 d late
2023
26 d late
2022
30 d late
2021
22 d late
2020
30 d late
2019
38 d late
← 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 21 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet
In the rankings
#9 oldest company in the province of Luxembourg, Office administrative support sector
Equity
€14,814▲ 13.1%
2023 · €13,095
Total assets
€67,141▼ 0.3%
2023 · €67,333
Net result
€3,246▲ 22.5%
2023 · €2,649
Working capital
€13,314▲ 57.9%
2023 · €8,432
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€8,044▼ 9.0%€8,757▲ 8.9%€8,461▼ 3.4%€8,389▼ 0.8%€8,756▲ 4.4%
Net result€3,633within the sector's middle half▼ 11.8%€3,850within the sector's middle half▲ 6.0%€3,394within the sector's middle half▼ 11.8%€2,649within the sector's middle half▼ 21.9%€3,246within the sector's middle half▲ 22.5%
Equity€10,202below the sector's middle half▲ 1.3%€10,252below the sector's middle half▲ 0.5%€10,446below the sector's middle half▲ 1.9%€13,095below the sector's middle half▲ 25.4%€14,814within the sector's middle half▲ 13.1%
Total assets€49,011below the sector's middle half▲ 11.5%€51,438below the sector's middle half▲ 4.9%€58,625within the sector's middle half▲ 14.0%€67,333within the sector's middle half▲ 14.9%€67,141within the sector's middle half▼ 0.3%
Debt€38,810▲ 14.5%€41,186▲ 6.1%€48,180▲ 17.0%€54,238▲ 12.6%€52,328▼ 3.5%
Working capital€8,702within the sector's middle half▲ 13.3%€8,752within the sector's middle half▲ 0.6%-€3,705within the sector's middle half€8,432within the sector's middle half€13,314within the sector's middle half▲ 57.9%
Solvency20.8%within the sector's middle half▼ 2.1pp19.9%within the sector's middle half▼ 0.9pp17.8%within the sector's middle half▼ 2.1pp19.4%within the sector's middle half▲ 1.6pp22.1%within the sector's middle half▲ 2.6pp
Current ratio1.22within the sector's middle half=1.21within the sector's middle half▼ 0.010.92within the sector's middle half▼ 0.291.16within the sector's middle half▲ 0.231.25within the sector's middle half▲ 0.10
Return on assets (ROA)7.4%within the sector's middle half▼ 2.0pp7.5%within the sector's middle half▲ 0.1pp5.8%within the sector's middle half▼ 1.7pp3.9%within the sector's middle half▼ 1.9pp4.8%within the sector's middle half▲ 0.9pp
Staff (FTE)1within the sector's middle half=1=1=1=1=
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 4% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €67,141
Fixed assets
€1,500 ▼ 67.8%
Current assets
€65,641 ▲ 4.7%
Equity and liabilities €67,141
Equity
€14,814 ▲ 13.1%
Debt
€52,328 ▼ 3.5%
Debt's share of the balance-sheet total falls from 80.6% to 77.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11,918▼
2023 · €17,878
Cash flow
€6,409▼
2023 · €12,138
Debt to equity
3.53▼
2023 · 4.14
ROE
21.9%▲
2023 · 20.2%
Interest coverage
4.02▼
2023 · 9.30
Debt ≤ 1 year
€52,328▼
2023 · €54,238
Income taxes
€2,988▼
2023 · €3,823
Staff costs
€44,778▲
2023 · €43,038
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,984 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
2.3%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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 3,984 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €42,476 | €37,953 | €43,038 | €44,778 | ▲ 4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €886 | - | €6,325 | €9,488 | €3,163 | ▼ 66.7% |
| Other operating charges640/8 | - | €787 | €794 | €870 | €899 | ▲ 3.2% |
| Gross operating margin9900 | €55,325 | €52,020 | €53,533 | €61,786 | €57,595 | ▼ 6.8% |
| Operating profit (loss)9901 | €8,044 | €8,757 | €8,461 | €8,389 | €8,756 | ▲ 4.4% |
| Financial income75/76B | - | - | - | €5 | €441 | ▲ 9,427% |
| Recurring financial income75 | - | - | - | €5 | €441 | ▲ 9,427% |
| Financial charges65/66B | - | €1,829 | €1,584 | €1,922 | €2,963 | ▲ 54.2% |
| Recurring financial charges65 | €1,782 | €1,829 | €1,584 | €1,922 | €2,963 | ▲ 54.2% |
| Profit (loss) for the period before taxes9903 | €6,261 | €6,928 | €6,877 | €6,472 | €6,234 | ▼ 3.7% |
| Income taxes67/77 | €2,628 | €3,078 | €3,483 | €3,823 | €2,988 | ▼ 21.8% |
| Profit (loss) for the period9904 | €3,633 | €3,850 | €3,394 | €2,649 | €3,246 | ▲ 22.5% |
| Profit (loss) for the period to be appropriated9905 | €3,633 | €3,850 | €3,394 | €2,649 | €3,246 | ▲ 22.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €49,011 | €51,438 | €58,625 | €67,333 | €67,141 | ▼ 0.3% |
| Fixed assets21/28 | €1,500 | €1,500 | €14,151 | €4,663 | €1,500 | ▼ 67.8% |
| Tangible fixed assets22/27 | €1,500 | €1,500 | €14,151 | €4,663 | €1,500 | ▼ 67.8% |
| Land and buildings22 | - | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Furniture and vehicles24 | - | €0 | €12,651 | €3,163 | €0 | ▼ 100% |
| Current assets29/58 | €47,511 | €49,938 | €44,474 | €62,670 | €65,641 | ▲ 4.7% |
| Amounts receivable within one year40/41 | €9,758 | €4,693 | €11,237 | €20,006 | €14,615 | ▼ 26.9% |
| Trade receivables40 | - | €1,771 | €9,720 | €18,106 | €8,856 | ▼ 51.1% |
| Other amounts receivable41 | - | €2,922 | €1,517 | €1,900 | €5,760 | ▲ 203% |
| Current investments50/53 | €33,072 | €42,072 | €32,672 | €37,175 | €45,884 | ▲ 23.4% |
| Cash at bank and in hand54/58 | €4,682 | €3,173 | €566 | €5,490 | €5,142 | ▼ 6.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €49,011 | €51,438 | €58,625 | €67,333 | €67,141 | ▼ 0.3% |
| Equity10/15 | €10,202 | €10,252 | €10,446 | €13,095 | €14,814 | ▲ 13.1% |
| Contributions10/11 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Reserves13 | €4,005 | €4,054 | €4,248 | €6,898 | €8,616 | ▲ 24.9% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €2,195 | €2,389 | €5,038 | €6,757 | ▲ 34.1% |
| Amounts payable17/49 | €38,810 | €41,186 | €48,180 | €54,238 | €52,328 | ▼ 3.5% |
| Amounts payable within one year42/48 | €38,810 | €41,186 | €48,180 | €54,238 | €52,328 | ▼ 3.5% |
| Trade debts44 | €5,223 | €5,077 | €6,937 | €10,953 | €8,517 | ▼ 22.2% |
| Suppliers440/4 | - | €5,077 | €6,937 | €10,953 | €8,517 | ▼ 22.2% |
| Taxes, remuneration and social security45 | - | €4,546 | €6,894 | €8,878 | €5,681 | ▼ 36.0% |
| Taxes450/3 | - | €443 | €2,369 | €4,108 | €824 | ▼ 79.9% |
| Remuneration and social security454/9 | - | €4,102 | €4,525 | €4,770 | €4,857 | ▲ 1.8% |
| Other amounts payable47/48 | - | €31,564 | €34,349 | €34,406 | €38,129 | ▲ 10.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,633 | €3,850 | €3,394 | €2,649 | €3,246 | ▲ 22.5% |
| + Depreciation and write-downs630 | €886 | - | €6,325 | €9,488 | €3,163 | ▼ 66.7% |
| Operating cash flow (approximation) | €4,519 | €3,850 | €9,719 | €12,138 | €6,409 | ▼ 47.2% |
| Investment in fixed assets (approximation) | - | €0 | -€18,976 | €0 | €0 | - |
| Change in cash | - | -€1,509 | -€2,607 | €4,924 | -€347 | ▼ 107% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Weakest financial yearnet €2,649 ▼21.9%
Net result drops to €2,649, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 38 days late
2019
31-12
Financial
Highest result since 2018net €4,118 ▲9.4%
Net result €4,118, the highest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 42 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Saint-Hubert · 1 establishment unit since 1992
Ground area
6,805 m²
Parcel 84027A0025/00C004, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de la Lhomme, Poix 11, 6870 Saint-Hubert
since 19922.058.427.496
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84027A0025/00C004 | Wallonia | 6,805 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,494 companies in this sector we hold annual accounts for 9,420. 5,281 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded15-05-1992
Fiscal year end31-12
Activities, NACEBEL 2025
69209Other tax advisory services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0447492771
Also
9925:BE0447492771
Registered
01-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.