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TAVAR

Active Private limited companyfounded 2004active for 22 yearsSprietstraat 30, 8850 ArdooieKBO/BCE: BE 0867.383.502

Lifetime

19 annual accounts with figures on one time axis, 20 filings since 2006
peak €321,189 (2024)
€129,643▼ 59.6%
peak €144,445 (2024)
€42,357▼ 70.7%
peak €479,403 (2024)
€476,708▼ 0.6%
€47,398▲ 0.2%
peak 0.2 FTE (2020)
-not published
Board2 names since 2020
1 director
Documentsfilings and deeds
03-02-20263 days late
2025micro format
Gross margin from €321,189 to €129,643Result from €144,445 to €42,357Registered office moved within Ardooie 04-03Dividend €45,053Cash from €49,364 to €145,238

Key points

from the 2025 annual accounts

Equity

€476,708 ▼ 0.6%
479,4032024+42,357Profit-45,053Dividend476,7082025

TAVAR paid out €45,053 in dividends. That is 106% of the 2025 profit.

Result

€42,357 ▼ 70.7%
€144,0002024€42,4002025

The result fell in 2025 from €144,445 to €42,357.

Position in the sector

91.0%

Higher solvency than 92% of companies in fabricated metal products. Sector median 45.1% · 2,515 companies.

2025 accounts filed 3 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,386 companies had the same profile as TAVAR has now. Each dot stands for 79 companies, two years later.

93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 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 31,386 companies, not a prediction for TAVAR. 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

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0867383502
Registered office moved within Ardooie New registered office: Sprietstraat 30, 8850 Ardooie · Previous registered office: Oude Heirweg 16A/10, 8851 Ardooie · General meeting of 15-02-2025 · Gazette deed
Registered office moved to Ardooie New registered office: Oude Heirweg 16/10, 8851 Ardooie · Resignation: (statutory director) · Reappointment: (statutory director) · General meeting of 21-04-2020 · Gazette deed
First establishment Oude Heirweg 2, Ardooie
All 31 events

Comparable companies

same main activity, similar in size and age
Company
TAVAR Ardooie €524,106 €129,643 91.0% -
J.D.B. CONSTRUCT Dentergem €486,193 €134,237 49.7% -
VK-TRAILERS Lichtervelde €624,169 €114,862 57.0% -
MEYVIS METAALWERKEN Rijkevorsel €587,267 €143,181 80.1% -
MPC Scherpenheuvel-Zichem €481,872 €116,111 22.2% -
D.O.S. Ardooie €564,681 €144,366 53.2% 0.2
VERMACON Lendelede €417,026 €163,867 51.1% 1

These companies have the same main activity as TAVAR: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €417,000 and €624,000, founded between 2003 and 2009.

Official details

Source: KBO
Status
Active since 23-09-2004Normal situation
Activity
Manufacture of metal structures and parts of structuresNACE 25110and 1 other
Joint committee
209White-collar workers in metal manufacturing · annual accounts 30-06-2023
Establishment unit
2.139.453.3788851 Ardooie, since 01-10-2004
Financial year end
30 June
Peppol
Reachable since 29-12-2025
Company details

Annual accounts to 30-06-2025

≈ €320,000estimated
€524,106▼ 0.5%
Filing
Filed on 03-02-2026
Financials

Insights on TAVAR

TAVAR files the micro format. That format states no turnover. The gross margin rose from €27,518 in 2007 to €129,643 in 2025.

The balance sheet grew most from 2019 to 2021 through fixed assets.

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 TAVAR

What is the company number of TAVAR?
The company number of TAVAR is 0867.383.502. The VAT number is the same number with BE in front: BE 0867.383.502.
Where is TAVAR based?
The registered office is at Sprietstraat 30, 8850 Ardooie.Company details
What does TAVAR do?
According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
What is the legal form of TAVAR?
TAVAR is a private limited company (BV).
When was TAVAR founded?
TAVAR was founded on 23-09-2004.
Is TAVAR still active?
Yes, TAVAR is an active enterprise in the KBO register.
How many employees does TAVAR have?
TAVAR had an average of 0.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does TAVAR fall under?
In its 30-06-2023 annual accounts, TAVAR states joint committee 209 (White-collar workers in metal manufacturing).
What is the turnover of TAVAR?
The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €129,643 and 2,201 comparable companies of the same size. It probably lies between €220,000 and €500,000. It is a rough estimate.
Is TAVAR profitable?
In financial year 2025, TAVAR made a profit of €42,357.
Where can I find the annual accounts of TAVAR?
TAVAR filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TAVAR due?
TAVAR must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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