TALGA
ActiveTALGA has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10k and a net result of €-4k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 11% of 7778 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▼-5
Solvency34▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.9 against 0.78 in 2024; short-term debt: 91.1% and cash: 2.6% of total assets), and 91.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
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
8.9%
Return on assets
-3.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 7778 sector peers (2025).
NBB · sector comparisonPosition among 7778 sector peers
Solvency
better than 11%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 9 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
30 d late
2022
6 d late
2021
59 d late
2020
18 d late
2019
11 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€10k▲ 9.5%
2024 · €9k
2018: €4k
2019: €10k
2020: €10k
2021: €2k
2022: €7k
2023: €9k
2024: €9k
2018 → 2025
Total assets
€114k▲ 0.7%
2024 · €113k
2018: €14k
2019: €42k
2020: €57k
2021: €99k
2022: €122k
2023: €125k
2024: €113k
2018 → 2025
Net result
€-4k
2024 · €628
2018: €-9k
2019: €-804
2020: €123
2021: €-8k
2022: €5k
2023: €-11k
2024: €628
2018 → 2025
Working capital
€-11k▲ 51.1%
2024 · €-22k
2018: €-2k
2019: €7k
2020: €6k
2021: €-12k
2022: €-4k
2023: €-32k
2024: €-22k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2k-€7k▲ 212%€9k▲ 17.9%€9k▲ 7.2%€10k▲ 9.5%
Operating result€-8k-€5k€-10k€1k€-3k
Net result€-8k-€5k€-11k€628€-4k
Turnover and EBIT margin not published: the abbreviated or 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 €1k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €114k
Fixed assets
€21k▼ 37.8%
Current assets
€93k▲ 17.0%
Equity and liabilities €114k
Equity
€10k▲ 9.5%
Debt
€104k▼ 0.1%
The debt ratio falls from 91.8% to 91.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€10k▼
2024 · €14k
Cash flow
€9k▼
2024 · €13k
Solvency
8.9%▲
2024 · 8.2%
Current ratio
0.90▲
2024 · 0.78
Quick ratio
0.90▲
2024 · 0.78
Debt / equity
10.20▼
2024 · 11.18
ROE
-40.3%▼
2024 · 6.7%
ROA
-3.6%▼
2024 · 0.6%
Interest coverage
24.05▼
2024 · 33.43
Debt
€104k▼
2024 · €104k
Debt ≤ 1 year
€104k▲
2024 · €102k
Income taxes
€700
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€113k€114k▲
Fixed assets21/28€34k€21k▼
Tangible fixed assets22/27€34k€21k▼
Land and buildings22€266€133▼
Furniture and vehicles24€25k€18k▼
Leasing and similar rights25€8k€3k▼
Current assets29/58€80k€93k▲
Amounts receivable within one year40/41€75k€89k▲
Trade receivables40€74k€85k▲
Other amounts receivable41€294€4k▲
Cash at bank and in hand54/58€5k€3k▼
Deferred charges and accrued income490/1€136€1k▲
Equity and liabilities
Total equity and liabilities10/49€113k€114k▲
Equity10/15€9k€10k▲
Contributions10/11€19k€19k▲
Outside capital11€19k€19k▲
Other1109/19€19k€19k▲
Reserves13€550-
Non-distributable reserves130/1€550-
Legal reserve130€550-
Profit (loss) carried forward14€-10k€-9k▲
Amounts payable17/49€104k€104k▼
Amounts payable after more than one year17€2k-
Financial debts170/4€2k-
Amounts payable within one year42/48€102k€104k▲
Current portion of amounts payable after more than one year42€6k€5k▼
Trade debts44€25k€20k▼
Suppliers440/4€25k€20k▼
Advances received on contracts in progress46€13k€13k=
Other amounts payable47/48€57k€66k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k=
Other operating charges640/8€1k€1k▲
Gross operating margin9900€15k€11k▼
Operating profit (loss)9901€1k€-3k▼
Financial income75/76B€3-
Recurring financial income75€3-
Financial charges65/66B€414€407▼
Recurring financial charges65€414€407▼
Profit (loss) for the period before taxes9903€628€-3k▼
Income taxes67/77-€700
Profit (loss) for the period9904€628€-4k▼
Profit (loss) for the period to be appropriated9905€628€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-14k▼
Profit (loss) brought forward from the previous period14P€-10k€-10k▲
Shareholders' contribution to the loss794-€5k
The notes to these accounts (3 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €628
Net result €628 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-11k ▼313%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
06-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 6 days late
2022
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
31-12
Financial
Back to profitnet €123
Net result €123 after 2 loss-making years.
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, La Louvière · 1 establishment unit since 2016
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 Canadiens(S-B) 847110 La LouvièreGround area
1,183 m²
Building footprint
87 m²
Volume, LiDAR
764 m³
Parcel 55042B0450/00H003, Wallonia · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Talga
since 20162.255.176.556
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55042B0450/00H003 | Wallonia | 1,183 m² | 1 · 87 m² | 10.9 m · 3 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.
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LUKA RENOVATION
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Dinant · Eq €10k
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 4,083 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-07-2016
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
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:0477/250082