TUFANO
ActiveSummary
TUFANO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37k and a net result of €-17k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 33% of 4522 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability10▼-66
Solvency50▲+1
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.09 against 1.1 in 2024; short-term debt: 75.2% of total assets), and 75.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
24.8%
Return on assets
-11.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 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 · 9 filingsDeviation from the deadline
2025
7 d late
2024
on the day
2023
on the day
2022
7 d late
2021
5 d early
2020
9 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€37k▼ 31.1%
2024 · €54k
2018: €52k
2019: €34k▼ -35.3% vs 2018lowest in 8 years
2020: €56k▲ +67.2% vs 2019
2021: €57k▲ +0.8% vs 2020
2022: €58k▲ +2.7% vs 2021highest in 8 years
2023: €41k▼ -29.5% vs 2022
2024: €54k▲ +31.0% vs 2023
2025: €37k▼ -31.1% vs 2024
2018 → 2025
Total assets
€149k▼ 34.3%
2024 · €227k
2018: €260khighest in 8 years
2019: €228k▼ -12.3% vs 2018
2020: €222k▼ -2.6% vs 2019
2021: €205k▼ -7.7% vs 2020
2022: €167k▼ -18.4% vs 2021
2023: €193k▲ +15.6% vs 2022
2024: €227k▲ +17.7% vs 2023
2025: €149k▼ -34.3% vs 2024lowest in 8 years
2018 → 2025
Net result
€-17k
2024 · €13k
2018: €18k
2019: €-18k▼ -203% vs 2018lowest in 8 years
2020: €23k▲ +223% vs 2019highest in 8 years
2021: €431▼ -98.1% vs 2020
2022: €2k▲ +258% vs 2021
2023: €-17k▼ -1209% vs 2022
2024: €13k▲ +174% vs 2023
2025: €-17k▼ -231% vs 2024
2018 → 2025
Working capital
€11k▼ 40.3%
2024 · €18k
2018: €-44klowest in 8 years
2019: €-39k▲ +11.7% vs 2018
2020: €11k▲ +128% vs 2019
2021: €16k▲ +49.2% vs 2020
2022: €25k▲ +55.6% vs 2021highest in 8 years
2023: €14k▼ -45.2% vs 2022
2024: €18k▲ +30.3% vs 2023
2025: €11k▼ -40.3% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€57k-€58k▲ 2.7%€41k▼ 29.5%€54k▲ 31.0%€37k▼ 31.1%
2021: €57k
2022: €58k▲ +2.7% vs 2021highest in 5 years
2023: €41k▼ -29.5% vs 2022
2024: €54k▲ +31.0% vs 2023
2025: €37k▼ -31.1% vs 2024lowest in 5 years
Operating result€3k-€7k▲ 160%€-13k€18k€-6k
2021: €3k
2022: €7k▲ +160% vs 2021
2023: €-13k▼ -289% vs 2022lowest in 5 years
2024: €18k▲ +236% vs 2023highest in 5 years
2025: €-6k▼ -131% vs 2024
Net result€431-€2k▲ 258%€-17k€13k€-17k
2021: €431
2022: €2k▲ +258% vs 2021
2023: €-17k▼ -1209% vs 2022lowest in 5 years
2024: €13k▲ +174% vs 2023highest in 5 years
2025: €-17k▼ -231% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6k after €18k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €149k
Fixed assets
€26k ▼ 26.5%
Current assets
€123k ▼ 35.8%
Equity and liabilities €149k
Equity
€37k ▼ 31.1%
Debt
€112k ▼ 35.3%
Debt's share of the balance-sheet total falls from 76.4% to 75.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€8k▼
2024 · €28k
Cash flow
€-3k▼
2024 · €22k
Current ratio
1.09▼
2024 · 1.10
Debt to equity
3.04▼
2024 · 3.24
ROE
-45.1%▼
2024 · 23.7%
ROA
-11.2%▼
2024 · 5.6%
Interest coverage
0.67▼
2024 · 10.10
Debt ≤ 1 year
€112k▼
2024 · €174k
Income taxes
€-111▼
2024 · €4k
Staff costs
€600
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€227k€149k▼
Fixed assets21/28€36k€26k▼
Intangible fixed assets21€15k€8k▼
Tangible fixed assets22/27€21k€19k▼
Plant, machinery and equipment23€13k€11k▼
Furniture and vehicles24€8k€7k▼
Financial fixed assets28€160€160=
Current assets29/58€191k€123k▼
Stocks and contracts in progress3€8k-
Stocks30/36€8k-
Amounts receivable within one year40/41€148k€123k▼
Trade receivables40€100k€65k▼
Other amounts receivable41€48k€58k▲
Cash at bank and in hand54/58€35k-
Deferred charges and accrued income490/1€848-
Equity and liabilities
Total equity and liabilities10/49€227k€149k▼
Equity10/15€54k€37k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€46k€29k▼
Amounts payable17/49€174k€112k▼
Amounts payable within one year42/48€174k€112k▼
Current portion of amounts payable after more than one year42€2k€2k▼
Financial debts43-€87
Credit institutions430/8-€87
Trade debts44€106k€41k▼
Suppliers440/4€106k€41k▼
Taxes, remuneration and social security45€4k€10k▲
Taxes450/3€1k€2k▲
Remuneration and social security454/9€3k€8k▲
Other amounts payable47/48€63k€60k▼
Income statement
Code20242025
Remuneration, social security and pensions62-€600
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€14k▲
Other operating charges640/8€3k€1k▼
Gross operating margin9900€31k€10k▼
Operating profit (loss)9901€18k€-6k▼
Financial income75/76B€1k€751▼
Recurring financial income75€1k€751▼
Financial charges65/66B€3k€12k▲
Recurring financial charges65€3k€12k▲
Profit (loss) for the period before taxes9903€17k€-17k▼
Income taxes67/77€4k€-111▼
Profit (loss) for the period9904€13k€-17k▼
Profit (loss) for the period to be appropriated9905€13k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€29k▼
Profit (loss) brought forward from the previous period14P€33k€46k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €85k | €70k | €1k | - | €600 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €9k | €9k | €10k | €14k | ▲ 39.6% |
| Other operating charges640/8 | €4k | €2k | €936 | €3k | €1k | ▼ 61.6% |
| Gross operating margin9900 | €102k | €88k | €-2k | €31k | €10k | ▼ 68.7% |
| Operating profit (loss)9901 | €3k | €7k | €-13k | €18k | €-6k | ▼ 131% |
| Financial income75/76B | €0 | €45 | €360 | €1k | €751 | ▼ 26.3% |
| Recurring financial income75 | €0 | €45 | €360 | €1k | €751 | ▼ 26.3% |
| Financial charges65/66B | €2k | €5k | €4k | €3k | €12k | ▲ 326% |
| Recurring financial charges65 | €2k | €5k | €4k | €3k | €12k | ▲ 326% |
| Profit (loss) for the period before taxes9903 | €428 | €2k | €-17k | €17k | €-17k | ▼ 201% |
| Income taxes67/77 | €-3 | €934 | €-100 | €4k | €-111 | ▼ 103% |
| Profit (loss) for the period9904 | €431 | €2k | €-17k | €13k | €-17k | ▼ 231% |
| Profit (loss) for the period to be appropriated9905 | €431 | €2k | €-17k | €13k | €-17k | ▼ 231% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €205k | €167k | €193k | €227k | €149k | ▼ 34.3% |
| Fixed assets21/28 | €41k | €34k | €27k | €36k | €26k | ▼ 26.5% |
| Intangible fixed assets21 | €38k | €30k | €23k | €15k | €8k | ▼ 50.0% |
| Tangible fixed assets22/27 | €3k | €3k | €5k | €21k | €19k | ▼ 9.7% |
| Plant, machinery and equipment23 | €2k | €3k | €4k | €13k | €11k | ▼ 9.8% |
| Furniture and vehicles24 | €1k | €680 | €333 | €8k | €7k | ▼ 9.5% |
| Financial fixed assets28 | €160 | €160 | €160 | €160 | €160 | = |
| Current assets29/58 | €164k | €133k | €166k | €191k | €123k | ▼ 35.8% |
| Stocks and contracts in progress3 | €5k | - | - | €8k | - | - |
| Stocks30/36 | €5k | - | - | €8k | - | - |
| Amounts receivable within one year40/41 | €148k | €132k | €165k | €148k | €123k | ▼ 17.0% |
| Trade receivables40 | €81k | €74k | €108k | €100k | €65k | ▼ 34.9% |
| Other amounts receivable41 | €67k | €58k | €57k | €48k | €58k | ▲ 19.8% |
| Cash at bank and in hand54/58 | €10k | €763 | €255 | €35k | - | - |
| Deferred charges and accrued income490/1 | €477 | €1k | €239 | €848 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €205k | €167k | €193k | €227k | €149k | ▼ 34.3% |
| Equity10/15 | €57k | €58k | €41k | €54k | €37k | ▼ 31.1% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €48k | €50k | €33k | €46k | €29k | ▼ 36.6% |
| Amounts payable17/49 | €148k | €109k | €152k | €174k | €112k | ▼ 35.3% |
| Amounts payable within one year42/48 | €148k | €109k | €152k | €174k | €112k | ▼ 35.3% |
| Current portion of amounts payable after more than one year42 | €7k | €2k | €2k | €2k | €2k | ▼ 7.2% |
| Financial debts43 | - | €1k | €22k | - | €87 | - |
| Credit institutions430/8 | - | €1k | €22k | - | €87 | - |
| Trade debts44 | €44k | €21k | €46k | €106k | €41k | ▼ 61.6% |
| Suppliers440/4 | €44k | €21k | €46k | €106k | €41k | ▼ 61.6% |
| Taxes, remuneration and social security45 | €36k | €21k | €23k | €4k | €10k | ▲ 161% |
| Taxes450/3 | €20k | €10k | €16k | €1k | €2k | ▲ 68.0% |
| Remuneration and social security454/9 | €16k | €11k | €8k | €3k | €8k | ▲ 206% |
| Other amounts payable47/48 | €62k | €64k | €60k | €63k | €60k | ▼ 3.7% |
| Accrued charges and deferred income492/3 | - | €348 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €431 | €2k | €-17k | €13k | €-17k | ▼ 231% |
| + Depreciation and write-downs630 | €10k | €9k | €9k | €10k | €14k | ▲ 39.6% |
| Operating cash flow (approximation) | €10k | €10k | €-8k | €22k | €-3k | ▼ 113% |
| Investment in fixed assets (approximation) | - | €-2k | €-3k | €-18k | €-4k | ▲ 77.5% |
| Change in cash | - | €-10k | €-508 | €34k | - | - |
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
Next filing, fiscal year 2026, expected by
2026
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Wanze · 1 establishment unit since 2017
Ground area
2,307 m²
Building footprint
357 m²
Volume, LiDAR
1,881 m³
2 parcels, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TUFANO
since 20172.264.040.475
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61006B0280/00M000 | Wallonia | 2,005 m² | 1 · 310 m² | 7.0 m · 1 fl. |
| 61072A0211/00Z030 | Wallonia | 301 m² | 1 · 47 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 21,213 companies in sector 81300 we hold annual accounts for 4,364. 3,495 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
Founded27-04-2017
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43990Other specialised construction activities
Contact
Scores and ratios are computed by Checked and are not a credit decision.