TABNRG
ActiveSummary
TABNRG has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.56M and a net result of €1.71M. Equity is shrinking by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 36% of 270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+18
Solvency44▼-2
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €250k at 30 days acceptable
Liquidity ample (current ratio 1.52 against 1.44 in 2024; short-term debt: 18.5% and cash: 12% of total assets), but 81.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 35
Relative position
BE, all sectors
reference
Sector 35
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
18.6%
Return on assets
8.9%
Age of the figures
9 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
42 d early
2023
47 d early
2022
49 d early
2021
58 d early
2020
46 d early
2019
37 d early
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.71M▲ 84.5%
2024 · €928k
2018: €932k
2019: €1.13M
2020: €1.18M
2021: €899k
2022: €2.05M
2023: €2.24M
2024: €928k
2018 → 2025
Working capital
€1.84M▲ 37.2%
2024 · €1.34M
2018: €-819k
2019: €-11k
2020: €330k
2021: €635k
2022: €521k
2023: €3.46M
2024: €1.34M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5.08M-€6.97M▲ 37.2%€5.05M▼ 27.6%€4.32M▼ 14.4%€3.56M▼ 17.5%
Operating result€996k-€2.51M▲ 152%€2.80M▲ 11.4%€1.30M▼ 53.4%€1.92M▲ 47.2%
Net result€899k-€2.05M▲ 128%€2.24M▲ 9.2%€928k▼ 58.5%€1.71M▲ 84.5%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 47% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19.15M
Fixed assets
€13.76M ▼ 13.2%
Current assets
€5.39M ▲ 21.9%
Equity and liabilities €19.15M
Equity
€3.56M ▼ 17.5%
Provisions
€591k ▲ 11.4%
Debt
€14.99M ▼ 2.8%
Debt's share of the balance-sheet total rises from 76.1% to 78.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€4.01M▲
2024 · €2.89M
Cash flow
€3.80M▲
2024 · €2.52M
Current ratio
1.52▲
2024 · 1.44
Debt to equity
4.21▲
2024 · 3.57
ROE
48.1%▲
2024 · 21.5%
ROA
8.9%▲
2024 · 4.6%
Interest coverage
10.58▲
2024 · 4.56
Debt ≤ 1 year
€3.54M▲
2024 · €3.07M
Debt > 1 year
€11.40M▼
2024 · €12.32M
Income taxes
€8k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€20.27M€19.15M▼
Fixed assets21/28€15.85M€13.76M▼
Tangible fixed assets22/27€15.85M€13.76M▼
Land and buildings22€119k€100k▼
Plant, machinery and equipment23€1.91M€792k▼
Leasing and similar rights25€13.83M€12.87M▼
Current assets29/58€4.42M€5.39M▲
Amounts receivable within one year40/41€3.59M€2.51M▼
Trade receivables40€2.37M€2.30M▼
Other amounts receivable41€1.23M€210k▼
Current investments50/53€410k€409k=
Cash at bank and in hand54/58€118k€2.29M▲
Deferred charges and accrued income490/1€299k€169k▼
Equity and liabilities
Total equity and liabilities10/49€20.27M€19.15M▼
Equity10/15€4.32M€3.56M▼
Contributions10/11€53k€53k=
Reserves13€953k€953k=
Tax-exempt reserves132€947k€947k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€3.12M€2.52M▼
Investment grants15€195k€38k▼
Provisions and deferred taxes16€531k€591k▲
Provisions for liabilities and charges160/5€531k€591k▲
Major repairs and maintenance162€531k€591k▲
Amounts payable17/49€15.42M€14.99M▼
Amounts payable after more than one year17€12.32M€11.40M▼
Financial debts170/4€12.32M€11.40M▼
Amounts payable within one year42/48€3.07M€3.54M▲
Current portion of amounts payable after more than one year42€841k€841k=
Trade debts44€424k€289k▼
Suppliers440/4€424k€289k▼
Taxes, remuneration and social security45€308k€101k▼
Taxes450/3€308k€101k▼
Other amounts payable47/48€1.50M€2.31M▲
Accrued charges and deferred income492/3€30k€56k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.59M€2.09M▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€49k€60k▲
Other operating charges640/8€115k€105k▼
Gross operating margin9900€3.06M€4.17M▲
Operating profit (loss)9901€1.30M€1.92M▲
Financial income75/76B€259k€179k▼
Recurring financial income75€259k€179k▼
Financial charges65/66B€635k€379k▼
Recurring financial charges65€635k€379k▼
Profit (loss) for the period before taxes9903€928k€1.72M▲
Income taxes67/77-€8k
Profit (loss) for the period9904€928k€1.71M▲
Profit (loss) for the period to be appropriated9905€928k€1.71M▲
Appropriation of the result
Profit (loss) to be appropriated9906€4.62M€4.83M▲
Profit (loss) brought forward from the previous period14P€3.69M€3.12M▼
Profit to be distributed694/7€1.50M€2.31M▲
Return on contributions (dividend)694€1.50M€2.31M▲
The notes to these accounts (9 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
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €2.24M ▲9.2%
Operating result €2.80M, net result €2.24M, both a record.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €899k ▼23.7%
Net result drops to €899k, the lowest in the series; recovery starts the following year.
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Tournai · 1 establishment unit since 2010
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 As-Pois(TOU) 4A7500 TournaiGround area
2,873 m²
Building footprint
338 m²
Volume, LiDAR
2,958 m³
2 parcels, Wallonia · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Rue de Quièvremont(MOU) 13, 7543 Tournai
since 20102.185.639.533
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57057C0455/00F000 | Wallonia | 2,738 m² | 1 · 197 m² | 8.5 m · 2 fl. |
| 57081G0109/00N002 | Wallonia | 134 m² | 1 · 140 m² | 14.8 m · 4 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.
Recognitions · licences · registrations
Legal Entity Identifier
549300BB7MTFHFA0AU93
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Of 815 companies in sector 35110 we hold annual accounts for 631. 366 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-03-2010
Fiscal year end31-12
Activities, NACEBEL 2025
35110Production of electricity from non-renewable sources
25530Machining of metals
28150Manufacture of machinery and equipment not elsewhere classified
32990Other manufacturing not elsewhere classified
35130Electricity, gas, steam and air conditioning supply
35150Electricity, gas, steam and air conditioning supply
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.