Equity
TUPLE paid out €130,000 in dividends. That is 164% of the 2026 profit.
TUPLE paid out €130,000 in dividends. That is 164% of the 2026 profit.
The micro format states no turnover.
Of this, €231,389 falls due within a year.
Green is investment, beige is depreciation.
Short-term debts rose from €106,822 to €231,389.
Lower solvency than 88% of companies in financial services. Sector median 58.5% · 433 companies.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 3 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| TUPLE Oudenaarde | €0.9m | €143,369 | 8.6% | - |
| WOFI Erpe-Mere | €0.9m | €151,137 | 27.5% | - |
| Grevant Ronse | €0.8m | €135,120 | 2.2% | 0 |
| Ubigo Deinze | €1.0m | €166,340 | 65.7% | - |
| JST Consulting Aalter | €0.8m | €117,411 | 64.4% | - |
| MANAWA Ghent | €0.8m | €117,070 | 58.3% | - |
| BLOOMM Ghent | €1.2m | €148,159 | 1.6% | - |
These companies have the same main activity as TUPLE: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €800,000 and €1.2m, founded between 2014 and 2016.
TUPLE files the micro format. That format states no turnover. The gross margin rose from €40,280 in 2017 to €143,369 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Higher than 20% of 9,765 companies in 2025.
Higher than 48% of 9,619 companies in 2025.
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
Total assets20/58 |
877,874 | 871,336 | 76,365 | 107,805 | 110,160 | 116,531 | 82,976 | 101,637 | 63,821 | 49,296 | |
Fixed assets21/28 |
772,182 | 764,663 | 21,278 | 14,289 | 14,812 | 7,767 | 10,928 | 3,434 | 10,715 | 7,408 | |
Tangible fixed assets22/27 |
22,182 | 14,573 | 21,188 | 14,199 | 14,722 | 7,677 | 10,838 | 3,344 | 10,625 | 7,318 | |
Land and buildings22 |
2,227 | 2,970 | 3,712 | 4,455 | 5,197 | 5,940 | 6,682 | - | - | - | |
Furniture and vehicles24 |
18,443 | 9,715 | 15,216 | 8,470 | 8,101 | 1,737 | 4,156 | 3,344 | 10,625 | 7,318 | |
Other tangible fixed assets26 |
1,511 | 1,888 | 2,260 | 1,274 | 1,424 | - | - | - | - | - | |
Financial fixed assets28 |
750,000 | 750,090 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | |
Current assets29/58 |
105,692 | 106,673 | 55,087 | 93,516 | 95,347 | 108,765 | 72,048 | 98,203 | 53,107 | 41,888 | |
Amounts receivable within one year40/41 |
2,285 | 28,857 | 2,266 | 32,020 | 2,170 | 13,289 | 13,414 | 31,193 | 23,640 | 10,656 | |
Trade receivables40 |
- | 24,240 | - | 30,255 | 1,426 | 12,342 | 11,708 | 31,188 | 23,640 | 10,656 | |
Other amounts receivable41 |
2,285 | 4,617 | 2,266 | 1,766 | 744 | 947 | 1,706 | 5 | - | - | |
Cash at bank and in hand54/58 |
102,302 | 76,711 | 31,539 | 60,846 | 92,491 | 94,499 | 57,686 | 64,838 | 28,892 | 31,232 | |
Deferred charges and accrued income490/1 |
1,106 | 1,105 | 21,283 | 649 | 686 | 977 | 948 | 2,172 | 575 | - | |
| Balance sheet: equity and liabilities | |||||||||||
Total equity and liabilities10/49 |
877,874 | 871,336 | 76,365 | 107,805 | 110,160 | 116,531 | 82,976 | 101,637 | 63,821 | 49,296 | |
Equity10/15 |
75,226 | 126,090 | 47,170 | 83,174 | 83,168 | 92,171 | 43,531 | 72,555 | 49,003 | 33,443 | |
Contributions10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | - | 6,200 | 6,200 | 6,200 | |
Issued capital100 |
- | - | - | - | - | - | - | 18,600 | 18,600 | 18,600 | |
Uncalled capital101 |
- | - | - | - | - | - | - | 12,400 | 12,400 | 12,400 | |
Contributions outside capital11 |
- | - | - | - | - | - | 18,600 | - | - | - | |
Share premium1100/10 |
- | - | - | - | - | - | 18,600 | - | - | - | |
Reserves13 |
56,626 | 107,490 | 28,570 | 64,574 | 64,568 | 73,571 | 24,931 | 66,355 | 42,803 | 27,243 | |
Non-distributable reserves130/1 |
- | - | - | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | |
Legal reserve130 |
- | - | - | - | - | - | - | 1,860 | 1,860 | 1,860 | |
Reserves not available under the articles1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | |
Other1319 |
- | - | - | - | - | - | 1,860 | - | - | - | |
Tax-exempt reserves132 |
13,620 | 13,620 | 13,620 | 13,620 | 13,620 | 13,620 | 13,620 | 13,620 | 13,620 | 13,620 | |
Distributable reserves133 |
43,006 | 93,870 | 14,950 | 49,094 | 49,088 | 58,091 | 9,451 | 50,875 | 27,323 | 11,763 | |
Amounts payable17/49 |
802,648 | 745,246 | 29,194 | 24,632 | 26,992 | 24,361 | 39,445 | 29,082 | 14,818 | 15,853 | |
Amounts payable after more than one year17 |
571,259 | 638,424 | - | - | - | - | - | - | - | - | |
Financial debts170/4 |
571,259 | 638,424 | - | - | - | - | - | - | - | - | |
Amounts payable within one year42/48 |
231,389 | 106,822 | 29,194 | 24,285 | 26,992 | 23,859 | 39,395 | 29,082 | 14,417 | 15,853 | |
Current portion of amounts payable after more than one year42 |
67,165 | 64,664 | - | - | - | - | - | - | - | - | |
Financial debts43 |
11,809 | 8,885 | 372 | 386 | 148 | 123 | 600 | - | - | - | |
Credit institutions430/8 |
1,691 | 432 | 372 | 386 | 148 | 123 | 600 | - | - | - | |
Other loans439 |
10,117 | 8,453 | - | - | - | - | - | - | - | - | |
Trade debts44 |
14,860 | 3,869 | 8,890 | 5,730 | 5,974 | 4,417 | 3,842 | 5,704 | 2,178 | 4,079 | |
Suppliers440/4 |
14,860 | 3,869 | 8,890 | 5,730 | 5,974 | 4,417 | 3,842 | 5,704 | 2,178 | 4,079 | |
Advances received on contracts in progress46 |
- | - | - | - | - | - | - | - | 345 | 345 | |
Taxes, remuneration and social security45 |
11,736 | 15,524 | 6,862 | 6,766 | 9,416 | 8,095 | 2,930 | 13,114 | 8,643 | 9,445 | |
Taxes450/3 |
11,736 | 14,773 | 6,862 | 6,766 | 9,416 | 8,095 | 2,930 | 13,114 | 8,643 | 9,445 | |
Remuneration and social security454/9 |
- | 751 | - | - | - | - | - | - | - | - | |
Other amounts payable47/48 |
125,819 | 13,879 | 13,070 | 11,402 | 11,454 | 11,224 | 32,023 | 10,264 | 3,251 | 1,983 | |
Accrued charges and deferred income492/3 |
- | - | - | 347 | - | 502 | 50 | - | 402 | - | |
| Income statement | |||||||||||
Non-recurring operating income76A |
- | - | - | - | - | - | - | 7,287 | - | - | |
Gross operating margin9900 |
143,369 | 137,359 | 25,270 | 68,209 | 67,946 | 67,526 | 44,419 | 36,303 | 29,078 | 40,280 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
4,141 | 6,615 | 5,385 | 3,415 | 2,619 | 3,162 | 4,208 | 2,795 | 4,467 | 4,379 | |
Other operating charges640/8 |
4,052 | 1,637 | 1,418 | 1,161 | 1,171 | 1,096 | 1,702 | 537 | 894 | 1,647 | |
Operating profit (loss)9901 |
135,176 | 129,108 | 18,467 | 63,633 | 64,156 | 63,268 | 38,508 | 32,971 | 23,717 | 34,254 | |
Financial income75/76B |
10 | 6 | - | 0 | 43 | 1 | - | 0 | 6 | 2 | |
Recurring financial income75 |
10 | 6 | - | 0 | 43 | 1 | - | 0 | 6 | 2 | |
Financial charges65/66B |
28,214 | 22,443 | 507 | 1,239 | 1,038 | 987 | 572 | 681 | 284 | 462 | |
Recurring financial charges65 |
28,214 | 22,443 | 507 | 1,239 | 1,038 | 987 | 572 | 681 | 284 | 462 | |
Profit (loss) for the period before taxes9903 |
106,972 | 106,671 | 17,960 | 62,394 | 63,161 | 62,282 | 37,937 | 32,290 | 23,438 | 33,794 | |
Income taxes67/77 |
27,836 | 27,751 | 4,870 | 13,301 | 14,072 | 13,642 | 8,361 | 7,138 | 7,878 | 6,551 | |
Profit (loss) for the period9904 |
79,137 | 78,919 | 13,090 | 49,094 | 49,088 | 48,639 | 29,576 | 25,152 | 15,560 | 27,243 | |
Transfer to tax-exempt reserves689 |
- | - | - | - | - | - | - | - | - | 13,620 | |
Profit (loss) for the period to be appropriated9905 |
79,137 | 78,919 | 13,090 | 49,094 | 49,088 | 48,639 | 29,576 | 25,152 | 15,560 | 13,623 | |
| Appropriation of the result | |||||||||||
Profit (loss) to be appropriated9906 |
79,137 | 78,919 | 13,090 | 49,094 | 49,088 | 48,639 | 29,576 | 25,152 | 15,560 | 13,623 | |
Transfer from equity791/2 |
93,870 | - | 49,094 | 49,088 | 58,091 | - | 50,000 | - | - | - | |
Transfer to equity691/2 |
43,006 | 78,919 | 13,090 | 49,094 | 49,088 | 48,639 | 8,576 | 23,552 | 15,560 | 13,623 | |
To the legal reserve6920 |
- | - | - | - | - | - | - | - | - | 1,860 | |
To other reserves6921 |
43,006 | 78,919 | 13,090 | 49,094 | 49,088 | 48,639 | 8,576 | 23,552 | 15,560 | 11,763 | |
Profit to be distributed694/7 |
130,000 | - | 49,094 | 49,088 | 58,091 | - | 71,000 | 1,600 | - | - | |
Return on contributions (dividend)694 |
130,000 | - | 49,094 | 49,088 | 58,091 | - | 71,000 | 1,600 | - | - | |
| Document | |||||||||||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2026 at the NBB, filed on 24-10-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 24-10-2026 | 2026-00567684 | |
| 31-03-2025 | micro format | 24-10-2025 | 2025-00549054 | |
| 31-03-2024 | micro format | 27-10-2024 | 2024-00518647 | |
| 31-03-2023 | micro format | 31-10-2023 | 2023-00501560 | |
| 31-03-2022 | micro format | 03-11-2022 | 2022-20485034 | |
| 31-03-2021 | micro format | 27-10-2021 | 2021-73500283 | |
| 31-03-2020 | micro format | 30-10-2020 | 2020-66600133 | |
| 31-03-2019 | micro format | 28-10-2019 | 2019-71700334 | |
| 31-03-2018 | micro format | 29-10-2018 | 2018-70600532 | |
| 31-03-2017 | abbreviated format | 27-10-2017 | 2017-68100477 |
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Investment in fixed assets (approximation) | 17,644 | 750,000 | 12,373 | 2,892 | 9,665 | 0 | 11,703 | 854 | 7,774 | 11,787 | |
| Change in cash | 25,591 | 45,172 | -29,307 | -31,645 | -2,008 | 36,813 | -7,152 | 35,947 | -2,340 | - | |
| Solvency | 8.6% | 14.5% | 61.8% | 77.2% | 75.5% | 79.1% | 52.5% | 71.4% | 76.8% | 67.8% | |
| ROE | 105.2% | 62.6% | 27.8% | 59.0% | 59.0% | 52.8% | 67.9% | 34.7% | 31.8% | 81.5% | |
| ROA | 9.0% | 9.1% | 17.1% | 45.5% | 44.6% | 41.7% | 35.6% | 24.7% | 24.4% | 55.3% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|---|
| Tangible fixed assets | €17,644 | - | €12,373 | €2,892 | €9,665 |
| Financial fixed assets | - | €750,000 | - | - | - |
| Depreciation and write-downs of the year | €4,141 | €6,615 | €5,385 | €3,415 | €2,619 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
The operating result for 2026 is 5% higher than in 2025 and the highest since 2017. It is the second rise in a row, after the fall in 2024.
Debt's share of the balance-sheet total rises from 85.5% to 91.4%. Equity is lower and debt is higher.
Source: list of holdings in its own 31-03-2026 accounts. Every holding stands with its own latest accounts.
The network starts from the directors of TUPLE. Every other company they run is a node.
Deadline for the 2027 accounts: 31-10-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Wortegemstraat 119 registered office 9700 Oudenaarde 7010001 Activities of head offices | 22-09-2015 | 2.246.008.967 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 45508A0242/00C003 | 943 m² | 1 · 124 m² | 9.7 m · 1 |
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