TANDEM-A
ActiveTANDEM-A has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18k and a net result of €4k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 61% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-20
Solvency69▼-17
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.95 against 1.11 in 2024; short-term debt: 55.9% and cash: 6.6% of total assets), and 55.9% 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.
−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 68
Relative position
BE, all sectors
reference
Sector 68
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
44.1%
Return on assets
9.3%
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 · 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
8 d late
2023
61 d late
2022
23 d late
2021
30 d late
2020
57 d early
2019
2 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, micro schema
Equity
€18k▼ 24.9%
2024 · €24k
2018: €19k
2019: €22k
2020: €19k
2021: €29k
2022: €22k
2023: €16k
2024: €24k
2018 → 2025
Total assets
€41k▲ 3.4%
2024 · €40k
2018: €33k
2019: €40k
2020: €35k
2021: €68k
2022: €53k
2023: €43k
2024: €40k
2018 → 2025
Net result
€4k▼ 79.8%
2024 · €19k
2018: €5k
2019: €3k
2020: €-3k
2021: €9k
2022: €-7k
2023: €-6k
2024: €19k
2018 → 2025
Working capital
€-1k
2024 · €2k
2018: €7k
2019: €12k
2020: €14k
2021: €2k
2022: €-3k
2023: €-2k
2024: €2k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€22k▼ 24.3%€16k▼ 26.1%€24k▲ 50.5%€18k▼ 24.9%
Operating result€14k-€-5k€-5k▲ 9.3%€26k€7k▼ 72.0%
Net result€9k-€-7k€-6k▲ 18.9%€19k€4k▼ 79.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 72% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €41k
Fixed assets
€19k▼ 19.8%
Current assets
€22k▲ 38.9%
Equity and liabilities €41k
Equity
€18k▼ 24.9%
Debt
€23k▲ 47.1%
The debt ratio rises from 39.3% to 55.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€18k▼
2024 · €36k
Cash flow
€15k▼
2024 · €29k
Solvency
44.1%▼
2024 · 60.7%
Current ratio
0.95▼
2024 · 1.11
Quick ratio
0.95▼
2024 · 1.11
Debt / equity
1.27▲
2024 · 0.65
ROE
21.1%▼
2024 · 78.4%
ROA
9.3%▼
2024 · 47.6%
Interest coverage
24.22▼
2024 · 34.79
Debt
€23k▲
2024 · €16k
Debt ≤ 1 year
€23k▲
2024 · €14k
Income taxes
€3k▼
2024 · €6k
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€40k€41k▲
Fixed assets21/28€24k€19k▼
Tangible fixed assets22/27€24k€19k▼
Plant, machinery and equipment23€972€452▼
Furniture and vehicles24€2k€1k▼
Leasing and similar rights25€11k€3k▼
Other tangible fixed assets26€10k€14k▲
Current assets29/58€16k€22k▲
Amounts receivable within one year40/41€3k€12k▲
Trade receivables40€3k€11k▲
Other amounts receivable41€95€1k▲
Cash at bank and in hand54/58€6k€3k▼
Deferred charges and accrued income490/1€6k€7k▲
Equity and liabilities
Total equity and liabilities10/49€40k€41k▲
Equity10/15€24k€18k▼
Contributions10/11€6k€6k=
Reserves13€18k€12k▼
Distributable reserves133€18k€12k▼
Profit (loss) carried forward14€0-
Amounts payable17/49€16k€23k▲
Amounts payable after more than one year17€2k-
Financial debts170/4€2k-
Amounts payable within one year42/48€14k€23k▲
Current portion of amounts payable after more than one year42€6k€2k▼
Financial debts43€2k€1k▼
Credit institutions430/8€2k€1k▼
Trade debts44€3k€11k▲
Suppliers440/4€3k€11k▲
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€2k€2k▼
Other amounts payable47/48€565€7k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k▲
Other operating charges640/8€527€803▲
Gross operating margin9900€36k€19k▼
Operating profit (loss)9901€26k€7k▼
Financial income75/76B€33€35▲
Recurring financial income75€33€35▲
Financial charges65/66B€1k€755▼
Recurring financial charges65€1k€755▼
Profit (loss) for the period before taxes9903€25k€7k▼
Income taxes67/77€6k€3k▼
Profit (loss) for the period9904€19k€4k▼
Profit (loss) for the period to be appropriated9905€19k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6k€4k▼
Profit (loss) brought forward from the previous period14P€-13k-
Transfer from equity791/2€11k€10k▼
Transfer to equity691/2€6k€4k▼
To other reserves6921€6k€4k▼
Profit to be distributed694/7€11k€10k▼
Return on contributions (dividend)694€11k€10k▼
The notes to these accounts (7 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
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
31-12
Financial
Back to profitnet €19k
Net result €19k after 2 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Weakest financial yearnet €-7k ▼174%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · 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, Chaumont-Gistoux · 1 establishment unit since 2015
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.
Chemin de la Coquière, Bonlez 231325 Chaumont-GistouxGround area
5,138 m²
Building footprint
49 m²
Volume, LiDAR
236 m³
Parcel 25010C0229/00B000, Wallonia · tallest building 5.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TANDEM-A
since 20152.240.154.226
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25010C0229/00B000 | Wallonia | 5,138 m² | 1 · 49 m² | 5.7 m · 2 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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Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 2,416 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-03-2015
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
68321Property management for co-owned buildings (syndics)
68329Real estate activities
71111Activities of building architects
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@tandem-a.be
Phone:0476/420724