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TASSO CONCEPT

Active Private limited company (pre-2019)founded 2006active for 19 yearsChemin de la Male Mélée, Grand. 4, 6960 ManhayKBO/BCE: BE 0885.650.580

Lifetime

19 annual accounts with figures on one time axis
peak €59,397 (2018)
€32,723▲ 457%
lowest -€44,930 (2019)
€20,369▲ €31,197
peak €50,482 (2018)
-€5,637▲ €20,369
€39,149▼ 26.2%
peak 0.3 FTE (2013)
-not published
Board1 name since 2021
- 
Documentsfilings and deeds
24-08-202624 days late
2025micro format
Gross margin from €5,879 to €32,723Back to profit: €20,369Equity from -€26,006 to -€5,637Debts from €53,070 to €39,149

Key points

from the 2025 annual accounts

Equity

-€5,637
202020212022202320242025

Debts exceed assets in financial year 2025.

Debts

€39,149 117% of the balance sheet
Financial debts 45%Suppliers 21%Taxes and wages 2%Other 32%

Of this, €20,903 falls due within a year.

Liquidity

1.21 was 0.35 in 2024

Short-term debts fell from €35,479 to €20,903.

2025 accounts filed 24 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,632 companies had the same profile as TASSO CONCEPT has now. Each dot stands for 10 companies, two years later.

91.9%
were still trading
4.8%
stopped another way
2.9%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,632 companies, not a prediction for TASSO CONCEPT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

last known board
Director, until 2024
Board & ownership

Recent changes

Change of role: , from manager to director Permanent representative: · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 28-12-2023 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0885650580
Incorporation published on 22-12-2006 · Gazette deed
First establishment Chemin de la Male Mélée, Grand. 4, Manhay
All 32 events

Comparable companies

same main activity, similar in size and age
Company
TASSO CONCEPT Manhay €33,512 €32,723 -16.8% -
Aubroeck Wim Balen €45,685 €32,831 -422.9% -
AMBIANCE VERANDAL Verviers €37,083 €18,047 28.7% -
MENUISERIE FRANCO Binche €20,001 €23,599 -26.6% -
JMT Projects Lommel €57,619 €21,489 4.1% -
ECLIPSE TOTALE Liège €57,861 €20,982 42.0% -
MENUISERIE THIRY Namur €17,851 €21,523 -99.5% -

These companies have the same main activity as TASSO CONCEPT: manufacture of other builders' carpentry and joinery (NACE 16230). They are comparable in size and age: total assets between €17,900 and €57,900, founded between 2004 and 2008.

Official details

Source: KBO
Status
Active since 14-12-2006Normal situation
Activity
Manufacture of other builders' carpentry and joineryNACE 16230and 1 other
Establishment unit
2.158.481.8106960 Manhay, since 14-12-2006
Financial year end
31 December
Peppol
Reachable since 20-11-2020
Company details

Annual accounts 2025

€33,512▲ 23.8%
Filing
Filed on 24-08-2026
Financials

Insights on TASSO CONCEPT

TASSO CONCEPT files the micro format. That format states no turnover. The gross margin rose from €23,479 in 2007 to €32,723 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about TASSO CONCEPT

What is the company number of TASSO CONCEPT?
The company number of TASSO CONCEPT is 0885.650.580. The VAT number is the same number with BE in front: BE 0885.650.580.
Where is TASSO CONCEPT based?
The registered office is at Chemin de la Male Mélée, Grand. 4, 6960 Manhay.Company details
What does TASSO CONCEPT do?
According to the KBO register, the main activity is manufacture of other builders' carpentry and joinery (NACE 16230).
What is the legal form of TASSO CONCEPT?
TASSO CONCEPT is a private limited company (pre-2019) (BVBA).
When was TASSO CONCEPT founded?
TASSO CONCEPT was founded on 14-12-2006.
Is TASSO CONCEPT still active?
Yes, TASSO CONCEPT is an active enterprise in the KBO register.
What is the turnover of TASSO CONCEPT?
The turnover of TASSO CONCEPT was €0 in financial year 2025, according to the filed annual accounts.Financials
Is TASSO CONCEPT profitable?
In financial year 2025, TASSO CONCEPT made a profit of €20,369.
Where can I find the annual accounts of TASSO CONCEPT?
TASSO CONCEPT filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TASSO CONCEPT due?
TASSO CONCEPT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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