Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Less equity than 95% of companies in head offices and management consultancy. Sector median €79,315 · 41,250 companies.
In July 2024, 3,794 companies had the same profile as TAURUS has now. Each dot stands for 10 companies, two years later.
Another 0.6% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 3,794 companies, not a prediction for TAURUS. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| TAURUS Aartselaar | €79,426 | €37,944 | -30.6% | - |
| MILEATI Antwerp | €83,999 | €36,773 | 49.5% | - |
| Dilcom Heist-op-den-Berg | €80,492 | €37,887 | 93.9% | - |
| VANDECRUYS MANAGEMENT Schoten | €75,108 | €33,963 | 74.4% | - |
| MARKEY Antwerp | €100,424 | €39,031 | 59.4% | - |
| GOVAL Duffel | €96,675 | €42,826 | 54.0% | - |
| SPECIALIZED SERVICES Overijse | €85,053 | €37,960 | 67.7% | - |
These companies have the same main activity as TAURUS: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €75,100 and €100,000, founded between 1991 and 1999.
TAURUS files the micro format. That format states no turnover. The gross margin rose from -€5,509 in 2007 to €37,944 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €66,000 and €150,000.
Higher than 6% of 41,211 companies in 2025.
Higher than 18% of 39,782 companies in 2025.
Higher than 75% of 40,303 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
79,426 | 44,342 | 45,824 | 34,966 | 37,930 | 35,783 | 46,242 | 91,713 | 51,654 | 21,581 | 37,861 | 47,003 | 43,887 | 78,393 | 93,966 | 27,631 | 37,879 | 37,331 | 34,215 | |
21/28 |
- | 126 | 735 | 1,545 | 5,936 | 10,765 | 15,600 | 21,519 | 1,957 | 418 | 9,771 | 18,646 | 28,356 | 38,276 | 46,734 | 2,294 | 2,819 | 2,545 | 716 | |
22/27 |
- | 126 | 735 | 1,545 | 5,936 | 10,765 | 15,600 | 21,519 | 1,957 | 418 | 9,771 | 18,646 | 28,356 | 38,276 | 46,734 | 2,294 | 2,819 | 2,545 | 716 | |
23 |
- | 31 | 282 | 734 | 1,186 | 1,265 | 1,350 | 2,266 | 1,450 | - | - | - | - | 208 | 417 | 625 | - | - | - | |
24 |
- | 95 | 453 | 811 | 4,750 | 9,500 | 14,250 | 19,253 | 507 | 418 | 9,771 | 18,646 | 28,356 | 38,067 | 46,317 | 1,669 | 2,819 | 2,545 | 716 | |
29/58 |
79,426 | 44,216 | 45,088 | 33,421 | 31,994 | 25,018 | 30,642 | 70,193 | 49,697 | 21,163 | 28,090 | 28,357 | 15,531 | 40,117 | 47,231 | 25,337 | 35,060 | 34,786 | 33,499 | |
3 |
- | - | - | - | - | - | - | - | 3,760 | - | - | 320 | 890 | 1,616 | 4,137 | 7,416 | 10,586 | 14,136 | 19,267 | |
30/36 |
- | - | - | - | - | - | - | - | 3,760 | - | - | 320 | 890 | 1,616 | 4,137 | 7,416 | 10,586 | 14,136 | 19,267 | |
40/41 |
77,493 | 41,534 | 41,817 | 30,023 | 28,946 | 20,713 | 28,188 | 68,387 | 44,637 | 13,833 | 24,603 | 17,813 | 13,052 | 36,458 | 37,534 | 14,360 | 18,268 | 11,149 | 5,174 | |
40 |
77,463 | 41,063 | 40,250 | 29,789 | 28,012 | 20,133 | 20,292 | 61,036 | 44,637 | 12,587 | 24,128 | 17,282 | 7,249 | 34,169 | 31,040 | 14,360 | 18,268 | 10,577 | 4,840 | |
41 |
31 | 471 | 1,568 | 234 | 934 | 580 | 7,895 | 7,351 | - | 1,245 | 475 | 531 | 5,803 | 2,289 | 6,494 | - | - | 573 | 335 | |
54/58 |
546 | 1,345 | 1,823 | 2,146 | 1,816 | 3,089 | 1,257 | 656 | 1,300 | 7,330 | 3,487 | 10,224 | 1,589 | 2,042 | 5,560 | 3,561 | 6,206 | 9,501 | 9,058 | |
490/1 |
1,387 | 1,337 | 1,448 | 1,252 | 1,231 | 1,216 | 1,198 | 1,150 | - | - | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
79,426 | 44,342 | 45,824 | 34,966 | 37,930 | 35,783 | 46,242 | 91,713 | 51,654 | 21,581 | 37,861 | 47,003 | 43,887 | 78,393 | 93,966 | 27,631 | 37,879 | 37,331 | 34,215 | |
10/15 |
-24,284 | -50,990 | -70,473 | -89,289 | -96,328 | -90,990 | -77,189 | -81,814 | -75,442 | -61,553 | -46,484 | -58,638 | -61,957 | -21,996 | -10,398 | -26,435 | -15,808 | -18,883 | -16,395 | |
10/11 |
25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | |
100 |
- | - | - | - | - | - | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | 25,000 | |
13 |
6,558 | 6,558 | 6,558 | 6,558 | 6,558 | 6,558 | 6,558 | 6,558 | 6,558 | 6,558 | 6,558 | 6,558 | 6,558 | 6,558 | 6,558 | 6,558 | 6,558 | 6,558 | 6,558 | |
130/1 |
- | - | - | 358 | 358 | 358 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 358 | 358 | 358 | 358 | 358 | 358 | 358 | 358 | 358 | 358 | 358 | 358 | 358 | |
1311 |
- | - | - | 358 | 358 | 358 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
6,558 | 6,558 | 6,558 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
14 |
-55,842 | -82,549 | -102,032 | -120,847 | -127,887 | -122,548 | -108,748 | -113,372 | -107,001 | -93,111 | -78,042 | -90,197 | -93,515 | -53,554 | -41,957 | -57,994 | -47,366 | -50,441 | -47,953 | |
17/49 |
103,710 | 95,332 | 116,297 | 124,255 | 134,258 | 126,773 | 123,431 | 173,527 | 127,096 | 83,134 | 84,345 | 105,641 | 105,844 | 100,388 | 104,364 | 54,066 | 53,687 | 56,214 | 50,610 | |
17 |
- | - | - | - | - | - | - | - | - | - | - | - | 5,342 | 10,360 | 15,073 | - | - | - | - | |
170/4 |
- | - | - | - | - | - | - | - | - | - | - | - | 5,342 | 10,360 | 15,073 | - | - | - | - | |
42/48 |
103,710 | 95,332 | 116,297 | 124,255 | 134,258 | 126,773 | 123,431 | 173,527 | 117,493 | 74,581 | 76,884 | 99,277 | 95,237 | 85,944 | 83,853 | 44,836 | 46,572 | 47,042 | 46,512 | |
42 |
- | - | - | - | - | - | - | - | - | - | 458 | 5,773 | 5,422 | 4,713 | 4,427 | - | - | - | - | |
44 |
2,362 | 877 | 1,954 | 2,037 | 2,426 | 1,531 | 522 | 32,830 | 28,716 | 3,260 | 4,576 | 567 | 230 | 1,900 | 32,887 | 109 | - | 164 | 119 | |
440/4 |
2,362 | 877 | 1,954 | 2,037 | 2,426 | 1,531 | 522 | 32,830 | 28,716 | 3,260 | 4,576 | 567 | 230 | 1,900 | 32,887 | 109 | - | 164 | 119 | |
45 |
7,961 | 604 | 604 | 604 | 821 | 1,450 | 943 | 1,862 | 1,381 | 729 | 724 | 750 | 775 | 633 | 2,225 | 545 | 556 | 225 | 225 | |
450/3 |
7,961 | 604 | 604 | 604 | 821 | 1,450 | 943 | 1,862 | 1,381 | 729 | 724 | 750 | 775 | 633 | 2,225 | 545 | 556 | 225 | 225 | |
47/48 |
93,387 | 93,851 | 113,739 | 121,614 | 131,010 | 123,791 | 121,966 | 138,835 | 87,396 | 70,592 | 71,126 | 92,187 | 88,809 | 78,698 | 44,314 | 44,183 | 46,016 | 46,652 | 46,167 | |
492/3 |
- | - | - | - | - | - | - | - | 9,604 | 8,554 | 7,461 | 6,364 | 5,265 | 4,084 | 5,438 | 9,230 | 7,115 | 9,172 | 4,098 | |
| Income statement | ||||||||||||||||||||
9900 |
37,944 | 23,199 | 23,182 | 15,592 | 4,224 | -3,885 | -183 | 5,519 | -7,431 | -1,804 | 27,678 | 18,090 | -2,677 | -3,999 | 27,049 | -1,974 | 11,914 | 1,438 | -5,509 | |
630 |
126 | 609 | 810 | 5,465 | 5,604 | 5,867 | 5,920 | 5,920 | 1,155 | 9,353 | 10,129 | 9,711 | 9,919 | 10,438 | 2,135 | 1,359 | 1,150 | 763 | 346 | |
631/4 |
- | - | - | - | - | - | -37,757 | - | - | - | 320 | 571 | 22,127 | -10,191 | 3,279 | 3,457 | 3,550 | 1,211 | 5,796 | |
640/8 |
3,017 | 2,368 | 2,821 | 2,275 | 2,430 | 2,584 | 24,355 | 2,364 | 2,320 | 1,988 | 2,578 | 1,821 | 2,056 | 1,597 | 3,972 | 2,272 | 1,478 | 399 | 385 | |
66A |
- | - | - | - | - | - | - | 1,196 | - | - | - | - | - | 2,725 | - | - | 1,132 | - | - | |
9901 |
34,800 | 20,222 | 19,551 | 7,852 | -3,810 | -12,336 | 7,299 | -3,960 | -10,906 | -13,145 | 14,651 | 5,988 | -36,779 | -5,843 | 17,663 | -9,061 | 5,736 | -935 | -12,035 | |
75/76B |
- | - | 4 | 1 | 0 | 1 | 1 | 17 | 5 | 14 | 2 | 1 | 9 | 5 | 1 | 1 | 36 | 19 | 12 | |
75 |
- | - | 4 | 1 | 0 | 1 | 1 | 17 | 5 | 14 | 2 | 1 | 9 | 5 | 1 | 1 | 36 | 19 | 12 | |
65/66B |
133 | 134 | 136 | 210 | 925 | 849 | 2,059 | 1,722 | 2,283 | 1,614 | 2,149 | 2,294 | 2,790 | 2,716 | 1,627 | 1,567 | 1,563 | 1,570 | 1,546 | |
65 |
133 | 134 | 136 | 210 | 925 | 849 | 2,059 | 1,722 | 2,283 | 1,614 | 2,149 | 2,294 | 2,790 | 2,716 | 1,627 | 1,567 | 1,563 | 1,570 | 1,546 | |
9903 |
34,668 | 20,087 | 19,420 | 7,643 | -4,735 | -13,185 | 5,241 | -5,665 | -13,183 | -14,745 | 12,504 | 3,694 | -39,561 | -11,278 | 16,037 | -10,627 | 3,076 | -2,486 | -13,569 | |
67/77 |
7,961 | 604 | 604 | 604 | 603 | 616 | 616 | 706 | 706 | 324 | 350 | 375 | 401 | 319 | 0 | 0 | 1 | 2 | 2 | |
9904 |
26,706 | 19,483 | 18,816 | 7,040 | -5,338 | -13,801 | 4,625 | -6,372 | -13,889 | -15,069 | 12,154 | 3,319 | -39,961 | -11,597 | 16,037 | -10,627 | 3,075 | -2,488 | -13,571 | |
9905 |
26,706 | 19,483 | 18,816 | 7,040 | -5,338 | -13,801 | 4,625 | -6,372 | -13,889 | -15,069 | 12,154 | 3,319 | -39,961 | -11,597 | 16,037 | -10,627 | 3,075 | -2,488 | -13,571 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
-55,842 | -82,549 | -102,032 | -120,847 | -127,887 | -122,548 | -108,748 | -113,372 | -107,001 | -93,111 | -78,042 | -90,197 | -93,515 | -53,554 | -41,957 | -57,994 | -47,366 | -50,441 | -47,953 | |
14P |
-82,549 | -102,032 | -120,847 | -127,887 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 11 older financial years (1996-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 10-03-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 10-03-2026 | 2026-00052868 | |
| 30-09-2024 | micro format | 11-03-2025 | 2025-00045964 | |
| 30-09-2023 | micro format | 19-03-2024 | 2024-00045232 | |
| 30-09-2022 | micro format | 10-03-2023 | 2023-00038980 | |
| 30-09-2021 | micro format | 14-03-2022 | 2022-07500492 | |
| 30-09-2020 | micro format | 19-03-2021 | 2021-07900312 | |
| 30-09-2019 | micro format | 16-03-2020 | 2020-06800150 | |
| 30-09-2018 | micro format | 06-03-2019 | 2019-06500179 | |
| 30-09-2017 | micro format | 12-03-2018 | 2018-06600357 | |
| 30-09-2016 | abbreviated format | 17-03-2017 | 2017-06600252 | |
| 30-09-2015 | abbreviated format | 15-03-2016 | 2016-06400087 | |
| 30-09-2014 | abbreviated format | 20-03-2015 | 2015-06800159 | |
| 30-09-2013 | abbreviated format | 14-03-2014 | 2014-06500422 | |
| 30-09-2012 | abbreviated format | 11-03-2013 | 2013-06000130 | |
| 30-09-2011 | abbreviated format | 06-03-2012 | 2012-05600280 | |
| 30-09-2010 | abbreviated format | 09-03-2011 | 2011-05500298 | |
| 30-09-2009 | abbreviated format | 03-03-2010 | 2010-05900455 | |
| 30-09-2008 | abbreviated format | 04-03-2009 | 2009-06800059 | |
| 30-09-2007 | abbreviated format | 17-03-2008 | 2008-07200057 | |
| 30-09-2006 | abbreviated format | 08-03-2007 | 2007-06804437 | |
| 30-09-2005 | abbreviated format | 09-03-2006 | 2006-06702023 | |
| 30-09-2004 | abbreviated format | 17-03-2005 | 2005-08001592 | |
| 30-09-2003 | abbreviated format | 03-03-2004 | 2004-06103567 | |
| 30-09-2002 | abbreviated format | 13-03-2003 | 2003-07100698 | |
| 30-09-2001 | abbreviated format | 07-03-2002 | 2002-05805057 | |
| 30-09-2000 | abbreviated format | 26-03-2001 | 2001-07405137 | |
| 30-09-1999 | abbreviated format | 27-03-2000 | 2000-07505291 | |
| 30-09-1998 | abbreviated format | 22-03-1999 | 1999-05501445 | |
| 30-09-1997 | abbreviated format | 26-03-1998 | 1998-05203204 | |
| 30-09-1996 | abbreviated format | 24-03-1997 | 1997-04004539 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 34,926 | 20,831 | 20,361 | 13,317 | 1,794 | -6,470 | 13,219 | 1,960 | -9,751 | -3,792 | 24,780 | 15,699 | -26,860 | 4,595 | 19,798 | -7,703 | 6,886 | -171 | -11,689 | ||
| 26,832 | 20,092 | 19,625 | 12,504 | 266 | -7,934 | 10,545 | -452 | -12,734 | -5,716 | 22,284 | 13,030 | -30,042 | -1,159 | 18,172 | -9,269 | 4,225 | -1,725 | -13,225 | ||
| 0 | 0 | 0 | 1,074 | 775 | 1,032 | 0 | 25,483 | 2,693 | 0 | 1,255 | 0 | 0 | 1,979 | 46,575 | 834 | 1,424 | 2,593 | 785 | ||
| -799 | -478 | -324 | 330 | -1,273 | 1,832 | 601 | -645 | -6,030 | 3,844 | -6,737 | 8,635 | -454 | -3,518 | 1,999 | -2,645 | -3,294 | 443 | - | ||
| -24,284 | -51,116 | -71,209 | -90,834 | -102,264 | -101,755 | -92,789 | -103,333 | -67,795 | -53,418 | -48,794 | -70,920 | -79,706 | -45,827 | -36,621 | -19,500 | -11,512 | -12,256 | -13,012 | ||
| -30.6% | -115.0% | -153.8% | -255.4% | -254.0% | -254.3% | -166.9% | -89.2% | -146.1% | -285.2% | -122.8% | -124.8% | -141.2% | -28.1% | -11.1% | -95.7% | -41.7% | -50.6% | -47.9% | ||
| 0.77 | 0.46 | 0.39 | 0.27 | 0.24 | 0.20 | 0.25 | 0.40 | 0.42 | 0.28 | 0.37 | 0.29 | 0.16 | 0.47 | 0.56 | 0.57 | 0.75 | 0.74 | 0.72 | ||
| 0.77 | 0.46 | 0.39 | 0.27 | 0.24 | 0.20 | 0.25 | 0.40 | 0.39 | 0.28 | 0.37 | 0.28 | 0.15 | 0.45 | 0.51 | 0.40 | 0.53 | 0.44 | 0.31 | ||
| 33.6% | 43.9% | 41.1% | 20.1% | -14.1% | -38.6% | 10.0% | -6.9% | -26.9% | -69.8% | 32.1% | 7.1% | -91.1% | -14.8% | 17.1% | -38.5% | 8.1% | -6.7% | -39.7% | ||
| over 100 | over 100 | over 100 | 63.45 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €1,074 |
| €126 | €609 | €810 | €5,465 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 72% higher than in 2024 and the highest since 2007. It is the fifth rise in a row, after the fall in 2020.
Equity is negative. Debt (€103,710) exceeds the balance-sheet total (€79,426).
TAURUS has no parent and no holdings in its annual accounts. is the only director. TAURUS shares no director with another company.
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Kontichsesteenweg 99 registered office 2630 Aartselaar | ||
| Kontichsesteenweg 101 2630 Aartselaar | 21-09-1995 | 2.073.128.936 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11001C0004/00H000 | 2,420 m² | 1 · 246 m² | 6.8 m · 2 |
| 11001C0004/00G000 | 2,092 m² | 1 · 270 m² | 12.6 m · 2 |
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