TARUM
ActiveTARUM has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €141k and a net result of €26k. Equity is growing by ~29.2% per year across the filed fiscal years. Its solvency ranks better than 86% of 18207 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+9
Solvency100=
Growth85▲+17
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 4.6 against 4.6 in 2024; short-term debt: 21.2% and cash: 12.7% of total assets), and 21.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 →
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
78.8%
Return on assets
14.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-09-2026, 47 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
47 d late
2024
71 d late
2023
29 d late
2022
91 d late
2021
78 d late
2020
90 d late
2019
140 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€579k▲ 28.9%
2018 · €449k
2018: €449k
2018 → 2019
EBIT margin
1.6%▲ 2.0pp
2018 · -0.4%
2018: -0.4%
2018 → 2019
Net result
€26k▲ 125%
2024 · €11k
2018: €12k
2019: €9k
2020: €10k
2021: €88k
2022: €7k
2023: €16k
2024: €11k
2018 → 2025
Working capital
€137k▲ 24.6%
2024 · €110k
2018: €-37k
2019: €-39k
2020: €-14k
2021: €77k
2022: €85k
2023: €102k
2024: €110k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€81k-€88k▲ 8.8%€104k▲ 18.2%€116k▲ 10.9%€141k▲ 22.1%
Operating result€98k-€9k▼ 90.4%€21k▲ 122%€13k▼ 36.5%€35k▲ 166%
Net result€88k-€7k▼ 91.9%€16k▲ 126%€11k▼ 29.5%€26k▲ 125%
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 2025; 2025 is 166% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €179k
Fixed assets
€4k▼ 26.8%
Current assets
€175k▲ 24.5%
Equity and liabilities €179k
Equity
€141k▲ 22.1%
Debt
€38k▲ 24.4%
The debt ratio rises from 20.9% to 21.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€37k▲
2024 · €15k
Cash flow
€27k▲
2024 · €13k
Solvency
78.8%▼
2024 · 79.1%
Current ratio
4.60▲
2024 · 4.60
Quick ratio
4.09▲
2024 · 3.21
Debt / equity
0.27▲
2024 · 0.26
ROE
18.1%▲
2024 · 9.8%
ROA
14.2%▲
2024 · 7.8%
Interest coverage
15.37▼
2024 · 62.78
Debt
€38k▲
2024 · €31k
Debt ≤ 1 year
€38k▲
2024 · €31k
Income taxes
€7k▲
2024 · €3k
Staff costs
€21k▼
2024 · €22k
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€146k€179k▲
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€4k€2k▼
Furniture and vehicles24€4k€2k▼
Financial fixed assets28€2k€2k=
Current assets29/58€141k€175k▲
Stocks and contracts in progress3€43k€20k▼
Stocks30/36€43k€20k▼
Amounts receivable within one year40/41€72k€133k▲
Trade receivables40€17k-
Other amounts receivable41€56k€133k▲
Cash at bank and in hand54/58€26k€23k▼
Deferred charges and accrued income490/1€94€489▲
Equity and liabilities
Total equity and liabilities10/49€146k€179k▲
Equity10/15€116k€141k▲
Contributions10/11€19k€19k=
Reserves13€620€620=
Non-distributable reserves130/1€620€620=
Reserves not available under the articles1311€620€620=
Profit (loss) carried forward14€97k€122k▲
Amounts payable17/49€31k€38k▲
Amounts payable within one year42/48€31k€38k▲
Trade debts44€17k€17k▲
Suppliers440/4€17k€17k▲
Advances received on contracts in progress46€2k€2k=
Taxes, remuneration and social security45€12k€19k▲
Taxes450/3€8k€7k▼
Remuneration and social security454/9€4k€12k▲
Income statement
Code20242025
Remuneration, social security and pensions62€22k€21k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€5k€2k▼
Gross operating margin9900€41k€59k▲
Operating profit (loss)9901€13k€35k▲
Financial income75/76B€2k-
Recurring financial income75€2k-
Financial charges65/66B€232€2k▲
Recurring financial charges65€232€2k▲
Profit (loss) for the period before taxes9903€15k€33k▲
Income taxes67/77€3k€7k▲
Profit (loss) for the period9904€11k€26k▲
Profit (loss) for the period to be appropriated9905€11k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€97k€122k▲
Profit (loss) brought forward from the previous period14P€85k€97k▲
The notes to these accounts (5 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
16-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 47 days late
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Equity above €100kEq €104k ▲18.2%
6 profitable years in a row build equity to €104k.
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
2022
31-12
Financial
Weakest financial yearnet €7k ▼91.9%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-12
Financial
Highest result since 2018net €88k ▲795%
Operating result €98k, net result €88k, both a record.
31-12
Financial
Liquidity times 7current ratio 5.45
Current ratio from 0.81 to 5.45; short-term debt falls from €74k to €17k.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
18-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 140 days late
2019
17-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 78 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 61 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, Schaarbeek · 1 establishment unit since 1983
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.
Rogierlaan 1351030 SchaarbeekGround area
170 m²
Building footprint
131 m²
Volume, LiDAR
1,766 m³
Parcel 21906D0125/00W002, Brussels · tallest building 19.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Rogierlaan 135, 1030 Schaarbeek
since 19832.022.939.948
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21906D0125/00W002 | Brussels | 170 m² | 1 · 131 m² | 19.3 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSchaarbeek2.022.939.948
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BAKKERIJ VAN HOECK
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DIDE-BOUL
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DELI IEPER
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Of 2,407 companies in sector 47241 we hold annual accounts for 1,099. 881 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-08-1983
Fiscal year end31-12
Activities, NACEBEL
47241Retail sale of bread and pastry (bakery outlets)
47620Retail trade
47621Retail sale of newspapers and periodicals
52240
47252Retail sale of beverages, general range
47260Retail trade
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.