TARTISTE
ActiveTARTISTE has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €580k and a net result of €124k. Equity is growing by ~40% per year across the filed fiscal years. Its solvency ranks better than 82% of 794 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-1
Solvency93▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 4.07 against 2.46 in 2024; short-term debt: 13.6% and cash: 31.6% of total assets), and 31.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
68.3%
Return on assets
14.6%
Age of the figures
9 mo
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
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
27 d early
2023
33 d early
2022
26 d early
2021
54 d late
2020
24 d late
2019
48 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€580k▲ 27.1%
2024 · €457k
2018: €-2k
2019: €41k
2020: €92k
2021: €158k
2022: €258k
2023: €338k
2024: €457k
2018 → 2025
Total assets
€850k▲ 7.6%
2024 · €790k
2018: €589k
2019: €598k
2020: €664k
2021: €694k
2022: €698k
2023: €723k
2024: €790k
2018 → 2025
Net result
€124k▲ 4.2%
2024 · €119k
2018: €20k
2019: €43k
2020: €51k
2021: €66k
2022: €100k
2023: €80k
2024: €119k
2018 → 2025
Working capital
€355k▲ 41.9%
2024 · €250k
2018: €-170k
2019: €-117k
2020: €-46k
2021: €26k
2022: €82k
2023: €143k
2024: €250k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€158k-€258k▲ 63.5%€338k▲ 31.0%€457k▲ 35.1%€580k▲ 27.1%
Operating result€101k-€151k▲ 48.7%€126k▼ 16.6%€185k▲ 47.5%€192k▲ 3.7%
Net result€66k-€100k▲ 51.3%€80k▼ 20.1%€119k▲ 48.2%€124k▲ 4.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 4% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €850k
Fixed assets
€379k▲ 3.0%
Current assets
€471k▲ 11.6%
Equity and liabilities €850k
Equity
€580k▲ 27.1%
Debt
€269k▼ 19.1%
The debt ratio falls from 42.2% to 31.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€243k▲
2024 · €240k
Cash flow
€175k▲
2024 · €173k
Solvency
68.3%▲
2024 · 57.8%
Current ratio
4.07▲
2024 · 2.46
Quick ratio
3.67▲
2024 · 2.26
Debt / equity
0.46▼
2024 · 0.73
ROE
21.3%▼
2024 · 26.0%
ROA
14.6%▼
2024 · 15.0%
Interest coverage
33.04▼
2024 · 45.06
Debt
€269k▼
2024 · €333k
Debt ≤ 1 year
€116k▼
2024 · €172k
Debt > 1 year
€154k▼
2024 · €161k
Income taxes
€61k▼
2024 · €61k
Staff costs
€254k▼
2024 · €273k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€790k€850k▲
Fixed assets21/28€368k€379k▲
Intangible fixed assets21€5k€2k▼
Tangible fixed assets22/27€363k€377k▲
Land and buildings22€262k€244k▼
Plant, machinery and equipment23€84k€112k▲
Furniture and vehicles24€17k€16k▼
Assets under construction and advance payments27-€5k
Current assets29/58€422k€471k▲
Stocks and contracts in progress3€33k€46k▲
Stocks30/36€33k€46k▲
Amounts receivable within one year40/41€157k€149k▼
Trade receivables40€135k€121k▼
Other amounts receivable41€23k€29k▲
Cash at bank and in hand54/58€224k€268k▲
Deferred charges and accrued income490/1€7k€7k▲
Equity and liabilities
Total equity and liabilities10/49€790k€850k▲
Equity10/15€457k€580k▲
Contributions10/11€25k€25k=
Reserves13€431k€555k▲
Distributable reserves133€431k€555k▲
Profit (loss) carried forward14€383€523▲
Amounts payable17/49€333k€269k▼
Amounts payable after more than one year17€161k€154k▼
Financial debts170/4€161k€154k▼
Amounts payable within one year42/48€172k€116k▼
Current portion of amounts payable after more than one year42€50k€47k▼
Financial debts43€1k€398▼
Credit institutions430/8€1k€398▼
Trade debts44€18k€17k▼
Suppliers440/4€18k€17k▼
Taxes, remuneration and social security45€102k€52k▼
Taxes450/3€56k€19k▼
Remuneration and social security454/9€45k€32k▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Remuneration, social security and pensions62€273k€254k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€51k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€583
Other operating charges640/8€4k€5k▲
Gross operating margin9900€517k€503k▼
Operating profit (loss)9901€185k€192k▲
Financial income75/76B€252€388▲
Recurring financial income75€252€388▲
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€180k€185k▲
Income taxes67/77€61k€61k▼
Profit (loss) for the period9904€119k€124k▲
Profit (loss) for the period to be appropriated9905€119k€124k▲
Appropriation of the result
Profit (loss) to be appropriated9906€119k€124k▲
Profit (loss) brought forward from the previous period14P€241€383▲
Transfer to equity691/2€119k€124k▲
To other reserves6921€119k€124k▲
Social balance
Average headcount (FTE)908711.85.1▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €124k ▲4.2%
Operating result €192k, net result €124k, both a record.
31-12
Financial
Equity above €500kEq €580k ▲27.1%
8 profitable years in a row build equity to €580k.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200kEq €258k ▲63.5%
5 profitable years in a row build equity to €258k.
23-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 54 days late
2021
31-12
Financial
Equity above €150kEq €158k ▲72.3%
4 profitable years in a row build equity to €158k.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Deinze · 1 establishment unit since 2012
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.
Vosselarestraat 739850 DeinzeGround area
1.2 ha
Building footprint
6,664 m²
Volume, LiDAR
37,018 m³
Parcel 44030C0214/00N000, Flanders · tallest building 16.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vosselarestraat 73, 9850 Deinze
since 20122.208.151.352
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44030C0214/00N000 | Flanders | 1.2 ha | 1 · 6,664 m² | 16.7 m · 2 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 · 4 entries · 3,132 EUR awarded · 3,132 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 206 EUR | 206 EUR |
| 2024 | 1 | 2,531 EUR | 2,531 EUR |
| 2023 | 1 | 206 EUR | 206 EUR |
| 2022 | 1 | 189 EUR | 189 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteDeinze2.208.151.352
Dual-learning approval
3 endedSimilar companies · same sector, comparable size
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GILFI
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Of 611 companies in sector 10520 we hold annual accounts for 236. 127 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-02-2012
Fiscal year end31-12
Activities, NACEBEL
10520Manufacture of food products
10711Manufacture of food products
10712Artisanal bread and fresh pastry making
47241Retail sale of bread and pastry (bakery outlets)
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.