TUSK
ActiveTUSK has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €113k and a net result of €-8k. Equity is shrinking by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 67% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▼-1
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 10.97 against 19.91 in 2024; short-term debt: 7% and cash: 72.8% of total assets), and 25.1% 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.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year €-8k
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 · 5 filingsDeviation from the deadline
2025
31 d late
2024
27 d late
2023
29 d late
2022
30 d late
2021
25 d early
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€113k▼ 6.7%
2024 · €121k
2021: €1k
2022: €136k
2023: €129k
2024: €121k
2021 → 2025
Total assets
€151k▼ 5.0%
2024 · €158k
2021: €99k
2022: €182k
2023: €171k
2024: €158k
2021 → 2025
Net result
€-8k▼ 3.2%
2024 · €-8k
2021: €-9k
2022: €-7k
2023: €-7k
2024: €-8k
2021 → 2025
Working capital
€105k▼ 6.1%
2024 · €111k
2021: €18k
2022: €147k
2023: €139k
2024: €111k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1k-€136k▲ 11,200%€129k▼ 5.1%€121k▼ 6.1%€113k▼ 6.7%
Operating result€-8k-€-6k▲ 26.4%€-6k▼ 6.9%€-7k▼ 16.3%€-8k▼ 4.7%
Net result€-9k-€-7k▲ 24.6%€-7k▼ 4.8%€-8k▼ 13.4%€-8k▼ 3.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2025 against €7k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €151k
Fixed assets
€35k▼ 14.0%
Current assets
€115k▼ 1.8%
Equity and liabilities €151k
Equity
€113k▼ 6.7%
Debt
€38k▲ 0.5%
The debt ratio rises from 23.7% to 25.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-2k▲
2024 · €-2k
Cash flow
€-2k▲
2024 · €-3k
Solvency
74.9%▼
2024 · 76.3%
Current ratio
10.97▼
2024 · 19.91
Quick ratio
10.97▼
2024 · 19.91
Debt / equity
0.33▲
2024 · 0.31
ROE
-7.2%▼
2024 · -6.5%
ROA
-5.4%▼
2024 · -5.0%
Interest coverage
-3.04▲
2024 · -3.62
Debt
€38k▲
2024 · €38k
Debt ≤ 1 year
€10k▲
2024 · €6k
Debt > 1 year
€26k▼
2024 · €31k
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€158k€151k▼
Fixed assets21/28€41k€35k▼
Intangible fixed assets21€41k€35k▼
Current assets29/58€117k€115k▼
Amounts receivable within one year40/41€5k€5k▲
Other amounts receivable41€5k€5k▲
Cash at bank and in hand54/58€112k€110k▼
Equity and liabilities
Total equity and liabilities10/49€158k€151k▼
Equity10/15€121k€113k▼
Contributions10/11€151k€151k=
Profit (loss) carried forward14€-30k€-38k▼
Amounts payable17/49€38k€38k▲
Amounts payable after more than one year17€31k€26k▼
Financial debts170/4€31k€26k▼
Amounts payable within one year42/48€6k€10k▲
Financial debts43€5k€10k▲
Other loans439€5k€10k▲
Trade debts44€1k€670▼
Suppliers440/4€1k€670▼
Accrued charges and deferred income492/3€628€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€958€725▼
Gross operating margin9900€-1k€-1k▲
Operating profit (loss)9901€-7k€-8k▼
Financial charges65/66B€672€584▼
Recurring financial charges65€672€584▼
Profit (loss) for the period before taxes9903€-8k€-8k▼
Profit (loss) for the period9904€-8k€-8k▼
Profit (loss) for the period to be appropriated9905€-8k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-30k€-38k▼
Profit (loss) brought forward from the previous period14P€-22k€-30k▼
The notes to these accounts (5 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 · micro schema · 31 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Liquidity times 22current ratio 30.21
Current ratio from 1.39 to 30.21; short-term debt falls from €47k to €5k.
31-12
Financial
Equity above €100kEq €136k ▲11200%
Equity rises from €1k to €136k.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · 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, Antwerpen · 1 establishment unit since 2020
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.
Uitbreidingstraat 3902600 AntwerpenGround area
674 m²
Building footprint
671 m²
Volume, LiDAR
9,372 m³
Parcel 11003A0145/00C013, Flanders · tallest building 34.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
TUSK
since 20202.310.031.046
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11003A0145/00C013 | Flanders | 674 m² | 1 · 671 m² | 34.3 m · 5 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.
Similar companies · same sector, comparable size
InvisionIT
BE 1016.274.740
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ABRATA-CONSULTING
BE 0684.445.064
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SG Software Solutions
BE 1006.361.934
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HAMMERNET
BE 0788.859.527
Kortrijk · Eq €113k
GREEBLE
BE 0840.289.917
Aalter · Eq €113k
Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 15,543 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-11-2020
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.