TAVAC
ActiveSummary
TAVAC has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €790,110 and a net result of €197,728. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 85% of 19923 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability97▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity ample (current ratio 6.76 against 4.93 in 2023; short-term debt: 8.5% and cash: 43.3% of total assets), and 8.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
91.5%
Return on assets
22.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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
26 d late
2023
29 d late
2022
31 d early
2021
30 d late
2020
30 d late
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 14 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
In the rankings
#5 oldest company in Jemeppe-sur-Sambre, Health and social work sector#6 company by equity in Jemeppe-sur-Sambre, Health and social work sector#7 company by total assets in Jemeppe-sur-Sambre, Health and social work sector
Equity
€790,110▲ 33.4%
2023 · €592,381
Total assets
€863,396▲ 26.1%
2023 · €684,599
Net result
€197,728▲ 6.4%
2023 · €185,920
Working capital
€421,992▲ 16.5%
2023 · €362,353
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€109,416▲ 2.7%€199,142▲ 82.0%€262,381▲ 31.8%€273,284▲ 4.2%€288,568▲ 5.6%
Net result€64,516within the sector's middle half▼ 36.4%€97,015within the sector's middle half▲ 50.4%€165,848above the sector's middle half▲ 71.0%€185,920above the sector's middle half▲ 12.1%€197,728above the sector's middle half▲ 6.4%
Equity€405,619above the sector's middle half▲ 18.9%€319,527within the sector's middle half▼ 21.2%€406,461above the sector's middle half▲ 27.2%€592,381above the sector's middle half▲ 45.7%€790,110above the sector's middle half▲ 33.4%
Total assets€483,234within the sector's middle half▲ 11.6%€348,104within the sector's middle half▼ 28.0%€529,807within the sector's middle half▲ 52.2%€684,599above the sector's middle half▲ 29.2%€863,396above the sector's middle half▲ 26.1%
Debt€77,615▼ 15.5%€28,577▼ 63.2%€123,346▲ 332%€92,218▼ 25.2%€73,286▼ 20.5%
Working capital€187,142within the sector's middle half▲ 5.7%€153,631within the sector's middle half▼ 17.9%€235,699within the sector's middle half▲ 53.4%€362,353above the sector's middle half▲ 53.7%€421,992above the sector's middle half▲ 16.5%
Solvency83.9%above the sector's middle half▲ 5.2pp91.8%above the sector's middle half▲ 7.9pp76.7%within the sector's middle half▼ 15.1pp86.5%above the sector's middle half▲ 9.8pp91.5%above the sector's middle half▲ 5.0pp
Current ratio3.68within the sector's middle half▲ 0.306.46above the sector's middle half▲ 2.782.91within the sector's middle half▼ 3.554.93within the sector's middle half▲ 2.026.76within the sector's middle half▲ 1.83
Return on assets (ROA)13.4%within the sector's middle half▼ 10.1pp27.9%within the sector's middle half▲ 14.5pp31.3%above the sector's middle half▲ 3.4pp27.2%within the sector's middle half▼ 4.1pp22.9%within the sector's middle half▼ 4.3pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 6% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €863,396
Fixed assets
€368,117 ▲ 60.0%
Current assets
€495,279 ▲ 9.0%
Equity and liabilities €863,396
Equity
€790,110 ▲ 33.4%
Debt
€73,286 ▼ 20.5%
Debt's share of the balance-sheet total falls from 13.5% to 8.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€324,846▲
2023 · €313,289
Cash flow
€234,006▲
2023 · €225,925
Debt to equity
0.09▼
2023 · 0.16
ROE
25.0%▼
2023 · 31.4%
Interest coverage
637.65▲
2023 · 630.36
Debt ≤ 1 year
€73,286▼
2023 · €92,218
Income taxes
€94,877▲
2023 · €87,360
Staff costs
€25,025▲
2023 · €16,564
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% 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%.
| 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 20,129 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €90,272 | €302 | - | - | - |
| Remuneration, social security and pensions62 | - | €12,610 | €14,433 | €16,564 | €25,025 | ▲ 51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,249 | €18,273 | €25,729 | €40,005 | €36,278 | ▼ 9.3% |
| Other operating charges640/8 | - | €2,366 | €2,835 | €3,143 | €2,965 | ▼ 5.7% |
| Non-recurring operating charges66A | - | €88,479 | - | - | - | - |
| Gross operating margin9900 | €153,445 | €320,870 | €305,378 | €332,996 | €352,836 | ▲ 6.0% |
| Operating profit (loss)9901 | €109,416 | €199,142 | €262,381 | €273,284 | €288,568 | ▲ 5.6% |
| Financial income75/76B | - | €7,152 | €879 | €493 | €4,547 | ▲ 822% |
| Recurring financial income75 | €358 | €7,152 | €879 | €493 | €4,547 | ▲ 822% |
| Financial charges65/66B | - | €78,707 | €18,459 | €497 | €509 | ▲ 2.5% |
| Recurring financial charges65 | €40,260 | €78,707 | €18,459 | €497 | €509 | ▲ 2.5% |
| Profit (loss) for the period before taxes9903 | €89,118 | €127,587 | €244,801 | €273,280 | €292,606 | ▲ 7.1% |
| Income taxes67/77 | €24,602 | €30,572 | €78,953 | €87,360 | €94,877 | ▲ 8.6% |
| Profit (loss) for the period9904 | €64,516 | €97,015 | €165,848 | €185,920 | €197,728 | ▲ 6.4% |
| Profit (loss) for the period to be appropriated9905 | €64,516 | €97,015 | €165,848 | €185,920 | €197,728 | ▲ 6.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €483,234 | €348,104 | €529,807 | €684,599 | €863,396 | ▲ 26.1% |
| Fixed assets21/28 | €226,241 | €166,320 | €170,762 | €230,028 | €368,117 | ▲ 60.0% |
| Tangible fixed assets22/27 | €224,216 | €164,295 | €168,737 | €228,003 | €366,092 | ▲ 60.6% |
| Land and buildings22 | - | €104,901 | €100,417 | €164,353 | €281,585 | ▲ 71.3% |
| Plant, machinery and equipment23 | - | €1,808 | €1,188 | €568 | €0 | ▼ 100.0% |
| Furniture and vehicles24 | - | €28,142 | €16,970 | €6,517 | €3,678 | ▼ 43.6% |
| Leasing and similar rights25 | - | - | €50,162 | - | - | - |
| Other tangible fixed assets26 | - | €29,444 | - | €56,565 | €80,830 | ▲ 42.9% |
| Financial fixed assets28 | €2,025 | €2,025 | €2,025 | €2,025 | €2,025 | = |
| Current assets29/58 | €256,993 | €181,784 | €359,045 | €454,571 | €495,279 | ▲ 9.0% |
| Amounts receivable within one year40/41 | €173,845 | €22,952 | €30,000 | €3,300 | €110,840 | ▲ 3,259% |
| Trade receivables40 | - | €75 | - | €3,300 | - | - |
| Other amounts receivable41 | - | €22,877 | €30,000 | - | €110,840 | - |
| Current investments50/53 | €27,430 | €27,430 | €8,995 | €8,995 | €8,995 | = |
| Cash at bank and in hand54/58 | €54,392 | €130,914 | €320,041 | €441,468 | €373,688 | ▼ 15.4% |
| Deferred charges and accrued income490/1 | - | €488 | €9 | €808 | €1,755 | ▲ 117% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €483,234 | €348,104 | €529,807 | €684,599 | €863,396 | ▲ 26.1% |
| Equity10/15 | €405,619 | €319,527 | €406,461 | €592,381 | €790,110 | ▲ 33.4% |
| Contributions10/11 | €12,200 | €12,200 | €12,200 | €12,200 | €12,200 | = |
| Capital10 | - | €12,200 | €12,200 | €12,200 | €12,200 | = |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | €6,400 | €6,400 | €6,400 | €6,400 | = |
| Reserves13 | €393,419 | €307,327 | €394,261 | €580,181 | €777,910 | ▲ 34.1% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | €37,500 | €37,500 | €37,500 | €37,500 | = |
| Distributable reserves133 | - | €267,967 | €354,901 | €540,821 | €738,550 | ▲ 36.6% |
| Profit (loss) carried forward14 | -€73,944 | - | - | - | - | - |
| Amounts payable17/49 | €77,615 | €28,577 | €123,346 | €92,218 | €73,286 | ▼ 20.5% |
| Amounts payable after more than one year17 | €7,320 | €423 | - | - | - | - |
| Financial debts170/4 | - | €423 | - | - | - | - |
| Amounts payable within one year42/48 | €69,851 | €28,153 | €123,346 | €92,218 | €73,286 | ▼ 20.5% |
| Current portion of amounts payable after more than one year42 | - | €6,897 | €423 | - | - | - |
| Trade debts44 | €2,808 | €9,885 | €7,154 | €13,998 | €750 | ▼ 94.6% |
| Suppliers440/4 | - | €9,885 | €7,154 | €13,998 | €750 | ▼ 94.6% |
| Taxes, remuneration and social security45 | - | €11,371 | €31,238 | €25,266 | €33,341 | ▲ 32.0% |
| Taxes450/3 | - | €9,701 | €28,720 | €22,416 | €29,454 | ▲ 31.4% |
| Remuneration and social security454/9 | - | €1,670 | €2,518 | €2,850 | €3,887 | ▲ 36.4% |
| Other amounts payable47/48 | - | - | €84,531 | €52,954 | €39,196 | ▼ 26.0% |
| Accrued charges and deferred income492/3 | - | €1 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €64,516 | €97,015 | €165,848 | €185,920 | €197,728 | ▲ 6.4% |
| + Depreciation and write-downs630 | €32,249 | €18,273 | €25,729 | €40,005 | €36,278 | ▼ 9.3% |
| Operating cash flow (approximation) | €96,765 | €115,288 | €191,577 | €225,925 | €234,006 | ▲ 3.6% |
| Investment in fixed assets (approximation) | - | €41,648 | -€30,171 | -€99,271 | -€174,367 | ▼ 75.6% |
| Change in cash | - | €76,522 | €189,127 | €121,427 | -€67,780 | ▼ 156% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Highest result since 2018net €197,728 ▲6.4%
Operating result €288,568, net result €197,728, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Equity above €500,000Eq €592,381 ▲45.7%
5 profitable years in a row build equity to €592,381.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €101,466
Net result €101,466 after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Jemeppe-sur-Sambre · 1 establishment unit since 2001
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.
Rue Albert-Ier,Ham 495190 Jemeppe-sur-SambreGround area
3,893 m²
Building footprint
186 m²
Volume, LiDAR
748 m³
Parcel 92091A0162/00F000, Wallonia · tallest building 5.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
TAVAC
since 20012.200.938.314
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92091A0162/00F000 | Wallonia | 3,893 m² | 1 · 186 m² | 5.7 m · 1 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.
Recognitions · licences · registrations
Legal Entity Identifier
549300IEU4RV1VW7FA74
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Of 9,128 companies in sector 86210 we hold annual accounts for 6,335. 4,419 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-01-2002
Fiscal year end31-12
Activities, NACEBEL 2025
86210General medical practice
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476655426
Also
9925:BE0476655426
Registered
20-12-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.