Liquidity
1.78 was 0.76 in 2024
Short-term debts fell from €23,638 to €13,514.
Tavtech
Lifetime
3 annual accounts with figures on one time axispeak €26,471 (2025)
€26,471▲ 166%
lowest -€10,232 (2024)
€12,174▲ €22,406
peak €13,519 (2025)
€13,519▲ 905%
€13,514▼ 42.8%
Board2 names since 2022
2 directorsAlash Vakhaevitch Tabaev and 1 other
Documentsfilings and deeds
06-06-202655 days before the deadline
2025micro format
Gross margin from €9,955 to €26,471Back to profit: €12,174Equity from €1,345 to €13,519Debts from €23,638 to €13,514Cash from €52 to €12,958
Key points
from the 2025 annual accountsAt the same address
209 companies
Position in the sector
€13,519
Less equity than 80% of companies in specialised construction. Sector median €57,691 · 35,148 companies.
Checked score
71
Healthy
Financially stronger than 82% of micro companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.6%
01-2025: 2.6%● unchanged vs 12-2024
02-2025: 2.6%● unchanged vs 01-2025
03-2025: 2.6%● unchanged vs 02-2025
04-2025: 3.1%▲ +0.5 percentage points vs 03-2025
05-2025: 3.8%▲ +0.7 percentage points vs 04-2025
06-2025: 3.8%● unchanged vs 05-2025
07-2025: 7.2%▲ +3.4 percentage points vs 06-2025
08-2025: 7.3%▲ +0.1 percentage points vs 07-2025
09-2025: 7.3%● unchanged vs 08-2025
10-2025: 7.3%● unchanged vs 09-2025
11-2025: 7.3%● unchanged vs 10-2025
12-2025: 7.3%● unchanged vs 11-2025
01-2026: 6.5%▼ -0.8 percentage points vs 12-2025
02-2026: 6.4%▼ -0.1 percentage points vs 01-2026
03-2026: 6.6%▲ +0.2 percentage points vs 02-2026
04-2026: 7.5%▲ +0.9 percentage points vs 03-2026
05-2026: 8.1%▲ +0.6 percentage points vs 04-2026
06-2026: 8.2%▲ +0.1 percentage points vs 05-2026highest value
07-2026: 1.3%▼ -6.9 percentage points vs 06-2026
08-2026: 1.3%● unchanged vs 07-2026
09-2026: 1.3%● unchanged vs 08-2026
10-2026: 0.8%▼ -0.5 percentage points vs 09-2026lowest value
11-2026: 0.8%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Founded in 2022
Size: total assets €27,033
lowers risk
Liquidity: current ratio 1.78, cash €12,958
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 58% of them on solvency, 79% on liquidity, 91% on profitability and 99% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as Tavtech has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Tavtech itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for Tavtech. 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
Credit of up to €500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.78 (0.76 in 2024), above the usual 1.5. Short-term debt is 50% and cash 47.9% of total assets. 50% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 06-06-2026, 55 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
55 days early
2024
37 days early
2023
33 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 42 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 June (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0786442643
Registered office moved from Zaventem to Tienen
New registered office: Leuvensestraat 131 Bus 2, 3300 Tienen · Previous registered office: Imperiastraat 8, 1930 Zaventem · General meeting of 30-08-2024 · Gazette deed
Appointment: Youssef Sridi (director)
General meeting of 29-04-2024 · Gazette deed
First establishment
Rue de l' Harmonie 21, Verviers
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Tavtech Tienen | €27,033 | €26,471 | 50.0% | - |
| RM RAMEN & DEUREN Aarschot | €28,678 | €27,485 | 50.3% | - |
| KESS Lummen | €26,831 | €24,542 | 57.7% | - |
| TSP SOLUTIONS Zele | €25,870 | €26,500 | 55.9% | - |
| Manitas Duffel | €24,747 | €22,931 | 67.5% | - |
| ACHAZZ Antwerp | €31,749 | €31,789 | 3.8% | - |
| R-TECH CONCEPT Wavre | €32,479 | €28,842 | 48.1% | - |
These companies have the same main activity as Tavtech: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €24,700 and €32,500, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 21-05-2022Normal situation
- Registered office
- 211 active companies are registered at this address68 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- General electrical installation workNACE 43211and 2 others
- Establishment unit
- 2.333.608.3804800 Verviers, since 01-07-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 09-04-2026
Annual accounts 2025
- ≈ €120,000estimated
- €27,033▲ 8.2%
- ≈ 0.3 FTEestimated
- Filing
- Filed on 06-06-2026, 55 days before the end of the filing period
Insights on Tavtech
Tavtech files the micro format. That format states no turnover. The gross margin rose from €20,907 in 2023 to €26,471 in 2025.
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 Tavtech
- What is the company number of Tavtech?
- The company number of Tavtech is 0786.442.643. The VAT number is the same number with BE in front: BE 0786.442.643.
- Where is Tavtech based?
- The registered office is at Leuvensestraat 131, 3300 Tienen.Company details
- What does Tavtech do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of Tavtech?
- Tavtech is a private limited company (BV).
- When was Tavtech founded?
- Tavtech was founded on 21-05-2022.
- Is Tavtech still active?
- Yes, Tavtech is an active enterprise in the KBO register.
- What is the turnover of Tavtech?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €26,471 and 45 comparable companies (NACE 43211). It probably lies between €87,000 and €190,000.Financials
- Is Tavtech profitable?
- In financial year 2025, Tavtech made a profit of €12,174.
- Where can I find the annual accounts of Tavtech?
- Tavtech filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Tavtech due?
- Tavtech must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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