Tuga
ActiveThe computed 12-month bankruptcy probability of Tuga is 3.1% (moderate). The 2025 annual accounts show equity of €15k and a net result of €-3k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 71% of 13270 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▼-25
Solvency80=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.77 against 0.82 in 2024; short-term debt: 45.2% and cash: 20.7% of total assets), and 45.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 56
Relative position
BE, all sectors
reference
Sector 56
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 2025Solvency, return and age of the figures
Solvency
54.8%
Return on assets
-11.6%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
99 d late
2021
3 d late
2020
34 d late
2019
79 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€15k▼ 17.4%
2024 · €18k
2019: €17k
2020: €20k
2021: €22k
2022: €5k
2023: €19k
2024: €18k
2019 → 2025
Total assets
€28k▼ 17.5%
2024 · €34k
2019: €47k
2020: €43k
2021: €45k
2022: €34k
2023: €39k
2024: €34k
2019 → 2025
Net result
€-3k▼ 1,243%
2024 · €-238
2019: €2k
2020: €3k
2021: €2k
2022: €-16k
2023: €13k
2024: €-238
2019 → 2025
Working capital
€-3k▼ 7.2%
2024 · €-3k
2019: €-22k
2020: €-18k
2021: €-9k
2022: €-22k
2023: €-5k
2024: €-3k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€5k▼ 75.6%€19k▲ 253%€18k▼ 1.3%€15k▼ 17.4%
Operating result€4k-€-14k€19k€4k▼ 79.7%€-3k
Net result€2k-€-16k€13k€-238€-3k▼ 1,243%
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 €3k after €4k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28k
Fixed assets
€18k▼ 14.3%
Current assets
€10k▼ 23.0%
Equity and liabilities €28k
Equity
€15k▼ 17.4%
Debt
€12k▼ 17.7%
The debt ratio falls from 45.3% to 45.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€476▼
2024 · €7k
Cash flow
€-192▼
2024 · €3k
Solvency
54.8%▲
2024 · 54.7%
Current ratio
0.77▼
2024 · 0.82
Quick ratio
0.77▼
2024 · 0.82
Debt / equity
0.82▼
2024 · 0.83
ROE
-21.1%▼
2024 · -1.3%
ROA
-11.6%▼
2024 · -0.7%
Interest coverage
0.71▼
2024 · 2.02
Debt
€12k▼
2024 · €15k
Debt ≤ 1 year
€12k▼
2024 · €15k
Staff costs
€87k▲
2024 · €41k
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€34k€28k▼
Fixed assets21/28€21k€18k▼
Tangible fixed assets22/27€21k€18k▼
Other tangible fixed assets26€21k€18k▼
Current assets29/58€13k€10k▼
Amounts receivable within one year40/41€2k€4k▲
Trade receivables40-€4k
Other amounts receivable41€2k€301▼
Cash at bank and in hand54/58€11k€6k▼
Equity and liabilities
Total equity and liabilities10/49€34k€28k▼
Equity10/15€18k€15k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-269€-3k▼
Amounts payable17/49€15k€12k▼
Amounts payable within one year42/48€15k€12k▼
Trade debts44€6k€4k▼
Suppliers440/4€6k€4k▼
Advances received on contracts in progress46-€4k
Taxes, remuneration and social security45€9k€3k▼
Taxes450/3€6k-
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48-€1k
Income statement
Code20242025
Remuneration, social security and pensions62€41k€87k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8€1k€561▼
Gross operating margin9900€49k€88k▲
Operating profit (loss)9901€4k€-3k▼
Financial income75/76B€193€0▼
Recurring financial income75€193€0▼
Financial charges65/66B€3k€669▼
Recurring financial charges65€3k€669▼
Profit (loss) for the period before taxes9903€625€-3k▼
Income taxes67/77€863-
Profit (loss) for the period9904€-238€-3k▼
Profit (loss) for the period to be appropriated9905€-238€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-269€-3k▼
Profit (loss) brought forward from the previous period14P€-31€-269▼
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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
07-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 99 days late
2022
31-03
Financial
Weakest financial yearnet €-16k ▼916%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2020
04-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 34 days late
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
02-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Schilde · 2 establishment units 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.
Turnhoutsebaan 3442970 SchildeGround area
579 m²
Building footprint
217 m²
Volume, LiDAR
1,656 m³
2 parcels, Flanders · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Tuga
since 20152.249.281.233
TuGA
since 20242.362.421.142
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11922B0543/00D002 | Flanders | 406 m² | 1 · 139 m² | 12.5 m · 3 fl. |
| 11805E0728/00K012 | Flanders | 173 m² | 1 · 78 m² | 11.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteSchilde2.249.281.233
Similar companies · same sector, comparable size
Sinners Hospitality
BE 0804.070.612
Gent · Eq €15k
CALAVERA
BE 0662.970.254
Wevelgem · Eq €15k
JONES ANTWERP
BE 0738.916.009
Schilde · Eq €15k
TPMALIA
BE 0665.786.917
Villers-le-Bouillet · Eq €15k
New Pannebaaltje
BE 0670.664.136
De Panne · Eq €15k
Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 8,189 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded28-12-2015
Fiscal year end31-03
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:034641369