TAWADA
ActiveTAWADA has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29k and a net result of €3k. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 56% of 10253 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability48▼-31
Solvency68▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.66 against 1.59 in 2024; short-term debt: 50.4% and cash: 9.6% of total assets), but 56.7% 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
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43.3%
Return on assets
4.2%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
30 d late
2023
30 d late
2022
31 d late
2021
29 d late
2020
30 d late
2019
91 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3k▼ 72.3%
2024 · €10k
2018: €7k
2019: €300
2020: €4k
2021: €15k
2022: €10k
2023: €6k
2024: €10k
2018 → 2025
Working capital
€22k▲ 22.8%
2024 · €18k
2018: €-9k
2019: €-4k
2020: €3k
2021: €22k
2022: €34k
2023: €13k
2024: €18k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€31k-€41k▲ 32.4%€16k▼ 60.5%€26k▲ 63.2%€29k▲ 10.7%
Operating result€12k-€8k▼ 37.6%€6k▼ 18.5%€8k▲ 25.1%€2k▼ 73.6%
Net result€15k-€10k▼ 34.2%€6k▼ 38.0%€10k▲ 64.6%€3k▼ 72.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 74% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €68k
Fixed assets
€11k▼ 15.3%
Current assets
€57k▲ 14.9%
Equity and liabilities €68k
Equity
€29k▲ 10.7%
Debt
€38k▲ 7.1%
The debt ratio falls from 57.6% to 56.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4k▼
2024 · €13k
Cash flow
€5k▼
2024 · €15k
Solvency
43.3%▲
2024 · 42.4%
Current ratio
1.66▲
2024 · 1.59
Quick ratio
0.70▼
2024 · 1.13
Debt / equity
1.31▼
2024 · 1.36
ROE
9.7%▼
2024 · 38.7%
ROA
4.2%▼
2024 · 16.4%
Interest coverage
-0.96▲
2024 · -3.38
Debt
€38k▲
2024 · €36k
Debt ≤ 1 year
€34k▲
2024 · €31k
Debt > 1 year
€4k▼
2024 · €5k
Income taxes
€3k▲
2024 · €1k
Staff costs
€13k▲
2024 · €11k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€62k€68k▲
Fixed assets21/28€13k€11k▼
Tangible fixed assets22/27€13k€11k▼
Furniture and vehicles24€5k€3k▼
Other tangible fixed assets26€8k€8k▼
Current assets29/58€49k€57k▲
Stocks and contracts in progress3€14k€33k▲
Stocks30/36€14k€33k▲
Amounts receivable within one year40/41€16k€15k▼
Trade receivables40€15k-
Other amounts receivable41€1k€15k▲
Cash at bank and in hand54/58€18k€7k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€62k€68k▲
Equity10/15€26k€29k▲
Profit (loss) carried forward14€26k€29k▲
Amounts payable17/49€36k€38k▲
Amounts payable after more than one year17€5k€4k▼
Financial debts170/4€5k€4k▼
Amounts payable within one year42/48€31k€34k▲
Trade debts44€30k€33k▲
Suppliers440/4€30k€33k▲
Taxes, remuneration and social security45€1k€1k▼
Taxes450/3€1k€1k▼
Remuneration and social security454/9€0€68▲
Income statement
Code20242025
Remuneration, social security and pensions62€11k€13k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€2k▼
Other operating charges640/8€978€1k▲
Gross operating margin9900€24k€18k▼
Operating profit (loss)9901€8k€2k▼
Financial charges65/66B€-4k€-4k▼
Recurring financial charges65€-4k€-4k▼
Profit (loss) for the period before taxes9903€12k€6k▼
Income taxes67/77€1k€3k▲
Profit (loss) for the period9904€10k€3k▼
Profit (loss) for the period to be appropriated9905€10k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€29k▲
Profit (loss) brought forward from the previous period14P€16k€26k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Highest result since 2018net €15k ▲307%
Operating result €12k, net result €15k, both a record.
31-12
Financial
Liquidity times 5current ratio 5.59
Current ratio from 1.09 to 5.59; short-term debt falls from €31k to €5k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet €300 ▼95.9%
Net result drops to €300, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Brussel · 1 establishment unit since 2015
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.
Alfred Stevensstraat 351020 BrusselGround area
194 m²
Building footprint
228 m²
Volume, LiDAR
2,945 m³
Parcel 21816C0120/00F009, Brussels · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
TAWADA
since 20152.238.607.867
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816C0120/00F009 | Brussels | 194 m² | 1 · 228 m² | 14.2 m · 4 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 siteBrussel2.238.607.867
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Of 10,529 companies in sector 47110 we hold annual accounts for 5,858. 4,411 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-01-2015
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.