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TAT Project

Active
Private limited companyfounded 20242 yrs activeGrand'rue 229, 6000 Charleroi, BelgiumKBO/BCE: BE 1012.480.555
Summary

The computed 12-month bankruptcy probability of TAT Project is 4.0% (elevated). The 2025 annual accounts show negative equity (-€6,564) and a net result of -€9,564. Its solvency ranks better than 9% of 7586 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability12
Solvency12
Growth-
Track record67
Bankruptcy probability, 12 months
4.0% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.4; short-term debt: 95.2% and cash: 0.5% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
-13%
Return on assets
-18.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
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 02-07-2026, 29 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
29 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

TAT Project was incorporated on 14 August 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€6,564
Total assets
€50,494
Net result
-€9,564
Working capital
-€29,047

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €50,494
Fixed assets €31,452
Current assets €19,042
Key figures and ratios
2025 value
EBITDA
€5,033
Cash flow
€1,387
Solvency
-13.0%
Current ratio
0.40
Debt to equity
-8.69
ROA
-18.9%
Interest coverage
1.38
Debt
€57,057
Debt ≤ 1 year
€48,089
Debt > 1 year
€8,968
Staff costs
€170,104

Peer companies

Historical observation

Of the 7,657 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.3% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,657 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€50,494
Fixed assets21/28€31,452
Tangible fixed assets22/27€30,940
Plant, machinery and equipment23€1,213
Furniture and vehicles24€29,727
Financial fixed assets28€511
Current assets29/58€19,042
Amounts receivable within one year40/41€18,781
Trade receivables40€2,493
Other amounts receivable41€16,288
Cash at bank and in hand54/58€261
Equity and liabilities
Total equity and liabilities10/49€50,494
Equity10/15-€6,564
Contributions10/11€3,000
Profit (loss) carried forward14-€9,564
Amounts payable17/49€57,057
Amounts payable after more than one year17€8,968
Financial debts170/4€8,968
Amounts payable within one year42/48€48,089
Current portion of amounts payable after more than one year42€6,257
Trade debts44€24,356
Suppliers440/4€24,356
Taxes, remuneration and social security45€5,672
Remuneration and social security454/9€5,672
Other amounts payable47/48€11,805
Income statement Code2025
Remuneration, social security and pensions62€170,104
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,951
Gross operating margin9900€175,137
Operating profit (loss)9901-€5,917
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€3,646
Recurring financial charges65€3,646
Profit (loss) for the period before taxes9903-€9,564
Profit (loss) for the period9904-€9,564
Profit (loss) for the period to be appropriated9905-€9,564
Appropriation of the result
Profit (loss) to be appropriated9906-€9,564

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€170,104
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,951
Gross operating margin9900€175,137
Operating profit (loss)9901-€5,917
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€3,646
Recurring financial charges65€3,646
Profit (loss) for the period before taxes9903-€9,564
Profit (loss) for the period9904-€9,564
Profit (loss) for the period to be appropriated9905-€9,564
Line2025
Assets
Total assets20/58€50,494
Fixed assets21/28€31,452
Tangible fixed assets22/27€30,940
Plant, machinery and equipment23€1,213
Furniture and vehicles24€29,727
Financial fixed assets28€511
Current assets29/58€19,042
Amounts receivable within one year40/41€18,781
Trade receivables40€2,493
Other amounts receivable41€16,288
Cash at bank and in hand54/58€261
Equity and liabilities
Total equity and liabilities10/49€50,494
Equity10/15-€6,564
Contributions10/11€3,000
Profit (loss) carried forward14-€9,564
Amounts payable17/49€57,057
Amounts payable after more than one year17€8,968
Financial debts170/4€8,968
Amounts payable within one year42/48€48,089
Current portion of amounts payable after more than one year42€6,257
Trade debts44€24,356
Suppliers440/4€24,356
Taxes, remuneration and social security45€5,672
Remuneration and social security454/9€5,672
Other amounts payable47/48€11,805
Line2025
Profit (loss) for the period9904-€9,564
+ Depreciation and write-downs630€10,951
Operating cash flow (approximation)€1,387

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
02-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Charleroi · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
308 m²
Building footprint
69 m²
Volume, LiDAR
776 m³
Parcel 52302A0877/00P000, Wallonia · tallest building 12.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
TAT Project
Grand'rue 229, 6000 CharleroiGeneral construction of buildings
since 20242.362.734.809
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52302A0877/00P000 Wallonia 308 m² 1 · 69 m² 12.2 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 29,785 companies in sector 41001 we hold annual accounts for 16,058. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded14-08-2024
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43211General electrical installation work
43990Other specialised construction activities
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46130Agents in the wholesale of timber and building materials
46180Agents specialised in the wholesale of other particular products
46190Agents in non-specialised wholesale trade
61200Telecommunications resale and intermediation services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1012480555
Also 9925:BE1012480555
Registered 25-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.