TULTAY
ActiveThe computed 12-month bankruptcy probability of TULTAY is 1.5% (moderate). The 2024 annual accounts show negative equity (€-15k) and a net result of €-7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 15868 sector peers (fiscal year 2024). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
32
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability1▼-46
Solvency0=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.38 against 0.55 in 2023; short-term debt: 263.7% and cash: 83.9% of total assets), and equity is negative.
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 · 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
-163.7%
Return on assets
-78.7%
Age of the figures
21 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-15k
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
37 d early
2022
28 d early
2021
26 d early
2020
23 d late
2019
45 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-15k▼ 92.6%
2023 · €-8k
2018: €-22k
2019: €-4k
2020: €1k
2021: €7k
2022: €-9k
2023: €-8k
2018 → 2024
Total assets
€9k▼ 24.6%
2023 · €13k
2018: €12k
2019: €19k
2020: €18k
2021: €22k
2022: €12k
2023: €13k
2018 → 2024
Net result
€-7k
2023 · €632
2018: €17k
2019: €18k
2020: €5k
2021: €6k
2022: €-16k
2023: €632
2018 → 2024
Working capital
€-15k▼ 66.9%
2023 · €-9k
2018: €-22k
2019: €-5k
2020: €-4k
2021: €-2k
2022: €-12k
2023: €-9k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1k-€7k▲ 423%€-9k€-8k▲ 7.3%€-15k▼ 92.6%
Operating result€9k-€10k▲ 6.9%€-8k€3k€-287
Net result€5k-€6k▲ 14.7%€-16k€632€-7k
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 2024: a loss of €287 after €3k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €9k
Fixed assets
€66▼ 94.8%
Current assets
€9k▼ 16.7%
Key figures and ratios
EBITDA
€922▼
2023 · €4k
Cash flow
€-6k▼
2023 · €2k
Solvency
-163.7%▼
2023 · -64.0%
Current ratio
0.38▼
2023 · 0.55
Quick ratio
0.38▼
2023 · 0.55
Debt / equity
-1.61▲
2023 · -2.56
ROA
-78.7%▼
2023 · 5.1%
Interest coverage
0.14▼
2023 · 2.59
Debt
€25k▲
2023 · €21k
Debt ≤ 1 year
€25k▲
2023 · €21k
Income taxes
€359▼
2023 · €370
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€13k€9k▼
Fixed assets21/28€1k€66▼
Tangible fixed assets22/27€1k€66▼
Plant, machinery and equipment23€132€66▼
Furniture and vehicles24€1k€0▼
Current assets29/58€11k€9k▼
Amounts receivable within one year40/41€425€1k▲
Other amounts receivable41€425€1k▲
Cash at bank and in hand54/58€11k€8k▼
Equity and liabilities
Total equity and liabilities10/49€13k€9k▼
Equity10/15€-8k€-15k▼
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€-16k€-23k▼
Amounts payable17/49€21k€25k▲
Amounts payable within one year42/48€21k€25k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€19k€22k▲
Taxes450/3€19k€22k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€6k€3k▼
Operating profit (loss)9901€3k€-287▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€2k€7k▲
Recurring financial charges65€2k€7k▲
Profit (loss) for the period before taxes9903€1k€-7k▼
Income taxes67/77€370€359▼
Profit (loss) for the period9904€632€-7k▼
Profit (loss) for the period to be appropriated9905€632€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-23k▼
Profit (loss) brought forward from the previous period14P€-17k€-16k▲
The notes to these accounts (4 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 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €632
Net result €632 after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-16k ▼367%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
31-12
Financial
Highest result since 2018net €18k ▲4%
Operating result €22k, net result €18k, both a record.
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
22-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
14-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Manhay · 1 establishment unit since 2006
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.
Rue des Vieilles Terres,Od. 106960 ManhayGround area
1,846 m²
Building footprint
338 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Tultay
since 20062.167.630.690
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83041B0320/00C000 | Wallonia | 1,509 m² | 1 · 177 m² | - |
| 83023A0301/00Z000 | Wallonia | 337 m² | 1 · 162 m² | - |
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.
Similar companies · same sector, comparable size
VARKENSVERBETERING BLOMME
BE 0456.684.413
Pittem · Eq €7k
APOL
BE 0784.682.488
Jodoigne · Eq €7k
THE TEN
BE 0686.631.425
Asse · Eq €8k
CORIJN NICOLAS
BE 1004.195.963
Haaltert · Eq €9k
GEBR. VERMEIREN
BE 0477.893.066
Wuustwezel · Eq €6k
Of 946 companies in sector 46231 we hold annual accounts for 422. 83 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-12-2006
Fiscal year end31-12
Activities, NACEBEL
46231Wholesale of live animals
51230
01220
01231
01450Raising of sheep and goats
01461Pig breeding farms
46216Wholesale of agricultural produce and animal feed, general range
51210
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.