TASSI
ActiveTASSI has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €186k and a net result of €-29k. Equity is growing by ~26.4% per year across the filed fiscal years. Its solvency ranks better than 37% of 26057 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
12
/ 100
Critical▼ -50 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency12▼-88
Growth52=
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.25 against 2.17 in 2023), and 82.2% 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 →
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
17.8%
Return on assets
-2.8%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€29k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-10-2025, 90 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
90 d late
2023
119 d late
2022
367 d late
2021
117 d late
2020
61 d late
2019
87 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€186k▼ 13.7%
2023 · €215k
2018: €-39k
2019: €29k
2020: €92k
2021: €176k
2022: €220k
2023: €215k
2018 → 2024
Total assets
€1.04M▲ 240%
2023 · €307k
2018: €136k
2019: €123k
2020: €174k
2021: €255k
2022: €319k
2023: €307k
2018 → 2024
Net result
€-29k▼ 513%
2023 · €-5k
2018: €7k
2019: €67k
2020: €64k
2021: €84k
2022: €43k
2023: €-5k
2018 → 2024
Working capital
€-641k
2023 · €108k
2018: €-46k
2019: €22k
2020: €85k
2021: €170k
2022: €187k
2023: €108k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€92k-€176k▲ 91.1%€220k▲ 24.6%€215k▼ 2.2%€186k▼ 13.7%
Operating result€64k-€84k▲ 32.2%€43k▼ 48.4%€-5k€-29k▼ 513%
Net result€64k-€84k▲ 32.2%€43k▼ 48.4%€-5k€-29k▼ 513%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €29k in 2024 against €5k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.04M
Fixed assets
€826k▲ 672%
Current assets
€218k▲ 8.9%
Equity and liabilities €1.04M
Equity
€186k▼ 13.7%
Debt
€859k▲ 831%
The debt ratio rises from 30.0% to 82.2%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€23k▲
2023 · €21k
Cash flow
€23k▲
2023 · €21k
Solvency
17.8%▼
2023 · 70.0%
Current ratio
0.25▼
2023 · 2.17
Quick ratio
0.16▼
2023 · 1.86
Debt / equity
4.63▲
2023 · 0.43
ROE
-15.9%▼
2023 · -2.2%
ROA
-2.8%▼
2023 · -1.6%
Debt
€859k▲
2023 · €92k
Debt ≤ 1 year
€859k▲
2023 · €92k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€307k€1.04M▲
Fixed assets21/28€107k€826k▲
Tangible fixed assets22/27€100k€819k▲
Land and buildings22-€758k
Furniture and vehicles24€100k€61k▼
Financial fixed assets28€7k€7k=
Current assets29/58€200k€218k▲
Stocks and contracts in progress3€29k€82k▲
Stocks30/36€29k€82k▲
Amounts receivable within one year40/41€105k€101k▼
Trade receivables40€53k€49k▼
Other amounts receivable41€53k€52k▼
Cash at bank and in hand54/58€66k€35k▼
Equity and liabilities
Total equity and liabilities10/49€307k€1.04M▲
Equity10/15€215k€186k▼
Contributions10/11€11k€11k=
Capital10€11k€11k=
Issued capital100€11k€11k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€155€155=
Other1319€2k€2k=
Profit (loss) carried forward14€202k€173k▼
Amounts payable17/49€92k€859k▲
Amounts payable within one year42/48€92k€859k▲
Trade debts44€7k€23k▲
Suppliers440/4€7k€23k▲
Advances received on contracts in progress46€28k€28k=
Other amounts payable47/48€57k€807k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€53k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€64k-
Other operating charges640/8-€67k
Gross operating margin9900€85k€90k▲
Operating profit (loss)9901€-5k€-29k▼
Profit (loss) for the period before taxes9903€-5k€-29k▼
Profit (loss) for the period9904€-5k€-29k▼
Profit (loss) for the period to be appropriated9905€-5k€-29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€202k€173k▼
Profit (loss) brought forward from the previous period14P€207k€202k▼
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
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 90 days late
2024
31-12
Financial
Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series.
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 119 days late
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 367 days late
2022
31-12
Financial
Equity above €200kEq €220k ▲24.6%
5 profitable years in a row build equity to €220k.
25-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 117 days late
2021
31-12
Financial
Highest result since 2018net €84k ▲32.2%
Operating result €84k, net result €84k, both a record.
31-12
Financial
Equity above €150kEq €176k ▲91.1%
4 profitable years in a row build equity to €176k.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
13-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 135 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
2015
27-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2023
TASSI Mohamed
CurrentDirector · since 29-11-2023
29-11-2023
Appointed as Director
Location & real-estate footprint
Registered office, Sint-Joost-ten-Node · 1 establishment unit since 2000
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.
Sint-Alfonsstraat 101210 Sint-Joost-ten-NodeGround area
462 m²
Building footprint
320 m²
Volume, LiDAR
3,109 m³
2 parcels, Brussels · tallest building 17.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Brabantstraat 129, 1030 Schaarbeek
since 20002.032.804.848
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21908E0023/00A014 | Brussels | 313 m² | 1 · 226 m² | 17.3 m · 2 fl. |
| 21572B0444/00Y009 | Brussels | 149 m² | 1 · 94 m² | 14.8 m · 4 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
ARISO
BE 0550.870.720
Londerzeel · Eq €186k
I X I DISTRIBUTION
BE 0871.708.415
Etterbeek · Eq €186k
AMARYLLIS
BE 0864.545.558
Antwerpen · Eq €186k
NEW LOOK
BE 0444.667.202
Pittem · Eq €184k
ROSE Group
BE 0833.827.440
Antwerpen · Eq €187k
Of 6,457 companies in sector 47716 we hold annual accounts for 2,423. 1,794 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-1987
Fiscal year end31-12
Activities, NACEBEL
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
51421
46423Wholesale of clothing, excluding workwear and underwear
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.