TAVERNIER
ActiveTAVERNIER has been active since 1974 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €29k and a net result of €-21k. Equity is shrinking by ~25.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 16% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
46
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability19▼-20
Solvency34▼-5
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.11 against 1.32 in 2023; short-term debt: 55.5% and cash: 12.4% of total assets), and 91.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2024Solvency, return and age of the figures
Solvency
8.7%
Return on assets
-6.4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 9623 sector peers (2024).
NBB · sector comparisonPosition among 9623 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-07-2025, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
22 d early
2023
30 d early
2022
33 d early
2021
18 d early
2020
38 d early
2019
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€29k▼ 42.2%
2023 · €50k
2018: €161k
2019: €139k
2020: €116k
2021: €87k
2022: €46k
2023: €50k
2018 → 2024
Total assets
€330k▼ 7.7%
2023 · €358k
2018: €538k
2019: €496k
2020: €462k
2021: €411k
2022: €380k
2023: €358k
2018 → 2024
Net result
€-21k
2023 · €3k
2018: €-13k
2019: €-22k
2020: €-22k
2021: €-29k
2022: €-40k
2023: €3k
2018 → 2024
Working capital
€19k▼ 65.6%
2023 · €56k
2018: €153k
2019: €139k
2020: €121k
2021: €101k
2022: €66k
2023: €56k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€116k-€87k▼ 25.3%€46k▼ 46.5%€50k▲ 7.0%€29k▼ 42.2%
Operating result€-10k-€-18k▼ 82.0%€-29k▼ 62.1%€15k€-11k
Net result€-22k-€-29k▼ 31.1%€-40k▼ 37.1%€3k€-21k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €11k after €15k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €330k
Fixed assets
€128k▲ 1.0%
Current assets
€203k▼ 12.5%
Equity and liabilities €330k
Equity
€29k▼ 42.2%
Provisions
€4k=
Debt
€297k▼ 2.2%
The debt ratio rises from 84.9% to 90.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€11k▼
2023 · €31k
Cash flow
€605▼
2023 · €19k
Solvency
8.7%▼
2023 · 13.9%
Current ratio
1.11▼
2023 · 1.32
Quick ratio
0.42▼
2023 · 0.53
Debt / equity
10.37▲
2023 · 6.12
ROE
-73.1%▼
2023 · 6.6%
ROA
-6.4%▼
2023 · 0.9%
Interest coverage
0.95▼
2023 · 2.33
Debt
€297k▼
2023 · €304k
Debt ≤ 1 year
€183k▲
2023 · €175k
Debt > 1 year
€114k▼
2023 · €129k
Staff costs
€110k▼
2023 · €117k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€358k€330k▼
Fixed assets21/28€126k€128k▲
Intangible fixed assets21€12k€29k▲
Tangible fixed assets22/27€114k€99k▼
Land and buildings22€110k€95k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€2k€2k▼
Financial fixed assets28€223€223=
Current assets29/58€231k€203k▼
Stocks and contracts in progress3€139k€126k▼
Stocks30/36€139k€126k▼
Amounts receivable within one year40/41€68k€30k▼
Trade receivables40€65k€30k▼
Other amounts receivable41€3k€53▼
Cash at bank and in hand54/58€19k€41k▲
Deferred charges and accrued income490/1€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€358k€330k▼
Equity10/15€50k€29k▼
Contributions10/11€161k€161k=
Capital10€161k€161k=
Issued capital100€161k€161k=
Reserves13€22k€22k=
Non-distributable reserves130/1€16k€16k=
Legal reserve130€16k€16k=
Tax-exempt reserves132€6k€6k=
Profit (loss) carried forward14€-133k€-154k▼
Provisions and deferred taxes16€4k€4k=
Provisions for liabilities and charges160/5€4k€4k=
Other liabilities and charges164/5€4k€4k=
Amounts payable17/49€304k€297k▼
Amounts payable after more than one year17€129k€114k▼
Financial debts170/4€129k€114k▼
Amounts payable within one year42/48€175k€183k▲
Current portion of amounts payable after more than one year42€14k€15k▲
Trade debts44€31k€37k▲
Suppliers440/4€31k€37k▲
Taxes, remuneration and social security45€27k€26k▼
Taxes450/3€4k€5k▲
Remuneration and social security454/9€24k€22k▼
Other amounts payable47/48€103k€105k▲
Accrued charges and deferred income492/3€202€0▼
Income statement
Code20232024
Remuneration, social security and pensions62€117k€110k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€22k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€99€90▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€153k€124k▼
Operating profit (loss)9901€15k€-11k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€13k€11k▼
Recurring financial charges65€13k€11k▼
Profit (loss) for the period before taxes9903€3k€-21k▼
Profit (loss) for the period9904€3k€-21k▼
Profit (loss) for the period to be appropriated9905€3k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-133k€-154k▼
Profit (loss) brought forward from the previous period14P€-137k€-133k▲
Social balance
Average headcount (FTE)90871.92.1▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after 5 loss-making years.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-40k
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 61 days late
2019
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
13-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Deinze · 1 establishment unit since 1974
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.
Markt 1269800 DeinzeGround area
274 m²
Building footprint
246 m²
Volume, LiDAR
2,030 m³
Parcel 44011B0792/00S000, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Markt 126, 9800 Deinze
since 19742.009.132.888
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44011B0792/00S000 | Flanders | 274 m² | 1 · 246 m² | 13.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Food safety, FASFC
1 siteDeinze2.009.132.888
Similar companies · same sector, comparable size
MON GAND
BE 0828.725.240
Gent · Eq €29k
KIDIWII
BE 0767.562.582
Ittre · Eq €29k
CAREAU
BE 0700.196.181
Antwerpen · Eq €29k
Seconex
BE 0649.707.879
Beveren-Kruibeke-Zwijndrecht · Eq €29k
KEDAI
BE 0688.538.167
Brugge · Eq €29k
Of 12,959 companies in sector 47120 we hold annual accounts for 2,190. 1,452 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-01-1974
Fiscal year end31-12
Activities, NACEBEL
47120Other non-specialised retail sale
47730Retail sale of pharmaceutical products
47910Retail trade
52310
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.