TARTIQUE
ActiveSummary
TARTIQUE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €133k and a net result of €-8k. Equity is growing by ~21.4% per year across the filed fiscal years. Its solvency ranks better than 63% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability65▼-16
Solvency73▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.72 against 0.62 in 2023; short-term debt: 47.6% and cash: 10.5% of total assets), and 51.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
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
Sector 47
higher
← 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
48.3%
Return on assets
-2.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
2 d early
2022
32 d late
2021
31 d late
2020
122 d late
2019
46 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€133k▼ 5.5%
2023 · €141k
2018: €42k
2019: €46k
2020: €110k
2021: €119k
2022: €109k
2023: €141k
2018 → 2024
Total assets
€276k▼ 17.3%
2023 · €334k
2018: €508k
2019: €421k
2020: €519k
2021: €481k
2022: €388k
2023: €334k
2018 → 2024
Net result
€-8k
2023 · €32k
2018: €-18k
2019: €4k
2020: €65k
2021: €9k
2022: €-10k
2023: €32k
2018 → 2024
Working capital
€-36k▲ 40.0%
2023 · €-61k
2018: €-91k
2019: €-98k
2020: €-18k
2021: €-81k
2022: €-87k
2023: €-61k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€110k-€119k▲ 8.4%€109k▼ 8.4%€141k▲ 29.1%€133k▼ 5.5%
Operating result€101k-€28k▼ 71.8%€7▼ 100.0%€52k▲ 733,842%€-4k
Net result€65k-€9k▼ 85.7%€-10k€32k€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €4k after €52k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €276k
Fixed assets
€181k ▼ 23.5%
Current assets
€95k ▼ 2.3%
Equity and liabilities €276k
Equity
€133k ▼ 5.5%
Debt
€143k ▼ 26.0%
Debt's share of the balance-sheet total falls from 57.8% to 51.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€50k▼
2023 · €129k
Cash flow
€46k▼
2023 · €109k
Current ratio
0.72▲
2023 · 0.62
Quick ratio
0.47▲
2023 · 0.39
Debt to equity
1.07▼
2023 · 1.37
ROE
-5.8%▼
2023 · 22.5%
ROA
-2.8%▼
2023 · 9.5%
Interest coverage
14.80▼
2023 · 20.42
Debt ≤ 1 year
€132k▼
2023 · €158k
Debt > 1 year
€5k▼
2023 · €35k
Income taxes
€1k▼
2023 · €14k
Staff costs
€158k▼
2023 · €167k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 55 lines
Balance sheet
Code20232024
Assets
Total assets20/58€334k€276k▼
Fixed assets21/28€237k€181k▼
Tangible fixed assets22/27€237k€181k▼
Land and buildings22€195k€160k▼
Plant, machinery and equipment23€9k€14k▲
Furniture and vehicles24€33k€7k▼
Financial fixed assets28€170€95▼
Current assets29/58€97k€95k▼
Stocks and contracts in progress3€35k€33k▼
Stocks30/36€35k€33k▼
Amounts receivable within one year40/41€2k€29k▲
Trade receivables40€2k€8k▲
Other amounts receivable41€50€21k▲
Cash at bank and in hand54/58€55k€29k▼
Deferred charges and accrued income490/1€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€334k€276k▼
Equity10/15€141k€133k▼
Contributions10/11€23k€23k=
Reserves13€119k€111k▼
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€115k€107k▼
Profit (loss) carried forward14€0-
Amounts payable17/49€193k€143k▼
Amounts payable after more than one year17€35k€5k▼
Financial debts170/4€35k€5k▼
Amounts payable within one year42/48€158k€132k▼
Current portion of amounts payable after more than one year42€83k€29k▼
Trade debts44€15k€78k▲
Suppliers440/4€15k€78k▲
Taxes, remuneration and social security45€37k€24k▼
Taxes450/3€8k€2k▼
Remuneration and social security454/9€29k€22k▼
Other amounts payable47/48€23k€0▼
Accrued charges and deferred income492/3€242€6k▲
Income statement
Code20232024
Remuneration, social security and pensions62€167k€158k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77k€53k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€7k€13k▲
Non-recurring operating charges66A€5k€0▼
Gross operating margin9900€308k€221k▼
Operating profit (loss)9901€52k€-4k▼
Financial income75/76B€7€362▲
Recurring financial income75€7€362▲
Financial charges65/66B€6k€3k▼
Recurring financial charges65€6k€3k▼
Profit (loss) for the period before taxes9903€46k€-7k▼
Income taxes67/77€14k€1k▼
Profit (loss) for the period9904€32k€-8k▼
Profit (loss) for the period to be appropriated9905€32k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€-8k▼
Profit (loss) brought forward from the previous period14P€-10k€0▲
Transfer from equity791/2-€8k
Transfer to equity691/2€22k€0▼
To other reserves6921€22k€0▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
31-12
Financial
Highest result since 2018net €65k ▲1538%
Operating result €101k, net result €65k, both a record.
31-12
Financial
Equity above €100kEq €110k ▲142%
2 profitable years in a row build equity to €110k.
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Sint-Niklaas · 1 establishment unit since 1999
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.
Houtbriel 109100 Sint-NiklaasGround area
163 m²
Building footprint
168 m²
Volume, LiDAR
1,529 m³
Parcel 46443E0349/00D000, Flanders · tallest building 27.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PATISSERIE JAN REED
since 19992.090.698.210
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46443E0349/00D000 | Flanders | 163 m² | 1 · 168 m² | 27.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 3,606 EUR awarded · 2,900 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,706 EUR | 2,000 EUR |
| 2022 | 1 | 900 EUR | 900 EUR |
Schemes
Hinderpremie bij openbare werken
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Niklaas2.090.698.210
Similar companies · same sector, comparable size
VAN DEN BOSSCHE EDDY
BE 0461.083.164
Knokke-Heist · Eq €133,939
VAN WAEYENBERGE Frères
BE 0424.697.771
Chaudfontaine · Eq €134,069
PASSION ET TRADITION
BE 0880.501.761
Braine-l'Alleud · Eq €134,373
Mac Ped
BE 0588.984.493
Sint-Pieters-Woluwe · Eq €132,584
CEVIMER
BE 0769.271.564
Gent · Eq €132,552
Of 2,407 companies in sector 47241 we hold annual accounts for 1,100. 891 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-02-1999
Fiscal year end31-12
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
47241Retail sale of bread and pastry (bakery outlets)
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.