TANGHE ELEKTRO
ActiveTANGHE ELEKTRO has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €818k and a net result of €229k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 56% of 7744 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+9
Solvency74▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 2.05 against 1.96 in 2024; short-term debt: 41.8% and cash: 41.1% of total assets), but 51.4% 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
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 →
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
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
48.6%
Return on assets
13.6%
Age of the figures
9 mo
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
29 d late
2023
6 d early
2022
30 d late
2021
11 d early
2020
16 d early
2019
11 d late
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€818k▲ 8.2%
2024 · €756k
2018: €635k
2019: €656k
2020: €662k
2021: €673k
2022: €736k
2023: €737k
2024: €756k
2018 → 2025
Total assets
€1.68M▲ 15.6%
2024 · €1.46M
2018: €1.49M
2019: €1.48M
2020: €1.43M
2021: €1.50M
2022: €1.28M
2023: €1.39M
2024: €1.46M
2018 → 2025
Net result
€229k▲ 131%
2024 · €99k
2018: €407k
2019: €171k
2020: €231k
2021: €171k
2022: €247k
2023: €195k
2024: €99k
2018 → 2025
Working capital
€739k▲ 9.8%
2024 · €673k
2018: €617k
2019: €658k
2020: €650k
2021: €642k
2022: €639k
2023: €636k
2024: €673k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€673k-€736k▲ 9.3%€737k▲ 0.2%€756k▲ 2.6%€818k▲ 8.2%
Operating result€203k-€309k▲ 52.4%€227k▼ 26.5%€112k▼ 50.8%€272k▲ 144%
Net result€171k-€247k▲ 44.3%€195k▼ 21.0%€99k▼ 49.3%€229k▲ 131%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 144% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.68M
Fixed assets
€241k▲ 190%
Current assets
€1.44M▲ 5.1%
Equity and liabilities €1.68M
Equity
€818k▲ 8.2%
Debt
€865k▲ 23.6%
The debt ratio rises from 48.1% to 51.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€301k▲
2024 · €135k
Cash flow
€258k▲
2024 · €122k
Solvency
48.6%▼
2024 · 51.9%
Current ratio
2.05▲
2024 · 1.96
Quick ratio
1.79▲
2024 · 1.71
Debt / equity
1.06▲
2024 · 0.93
ROE
28.0%▲
2024 · 13.1%
ROA
13.6%▲
2024 · 6.8%
Interest coverage
10.88▲
2024 · 7.06
Debt
€865k▲
2024 · €700k
Debt ≤ 1 year
€703k▲
2024 · €700k
Debt > 1 year
€144k▲
2024 · €0
Income taxes
€20k▲
2024 · €4k
Staff costs
€513k▲
2024 · €463k
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€1.46M€1.68M▲
Fixed assets21/28€83k€241k▲
Tangible fixed assets22/27€83k€241k▲
Land and buildings22€4k€3k▼
Plant, machinery and equipment23€37k€34k▼
Furniture and vehicles24€41k€204k▲
Financial fixed assets28€175€150▼
Current assets29/58€1.37M€1.44M▲
Stocks and contracts in progress3€175k€184k▲
Stocks30/36€175k€184k▲
Amounts receivable within one year40/41€446k€527k▲
Trade receivables40€238k€325k▲
Other amounts receivable41€208k€202k▼
Cash at bank and in hand54/58€713k€692k▼
Deferred charges and accrued income490/1€39k€40k▲
Equity and liabilities
Total equity and liabilities10/49€1.46M€1.68M▲
Equity10/15€756k€818k▲
Contributions10/11€19k€19k=
Reserves13€737k€800k▲
Tax-exempt reserves132€75k€75k=
Distributable reserves133€663k€725k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€700k€865k▲
Amounts payable after more than one year17€0€144k▲
Financial debts170/4€0€144k▲
Amounts payable within one year42/48€700k€703k▲
Current portion of amounts payable after more than one year42€5k€35k▲
Trade debts44€443k€325k▼
Suppliers440/4€443k€325k▼
Advances received on contracts in progress46€16k€0▼
Taxes, remuneration and social security45€14k€20k▲
Taxes450/3€0€1k▲
Remuneration and social security454/9€14k€19k▲
Other amounts payable47/48€222k€323k▲
Accrued charges and deferred income492/3-€17k
Income statement
Code20242025
Remuneration, social security and pensions62€463k€513k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€29k▲
Other operating charges640/8€9k€17k▲
Non-recurring operating charges66A€300€0▼
Gross operating margin9900€607k€831k▲
Operating profit (loss)9901€112k€272k▲
Financial income75/76B€11k€5k▼
Recurring financial income75€11k€5k▼
Financial charges65/66B€19k€28k▲
Recurring financial charges65€19k€28k▲
Profit (loss) for the period before taxes9903€103k€249k▲
Income taxes67/77€4k€20k▲
Profit (loss) for the period9904€99k€229k▲
Profit (loss) for the period to be appropriated9905€99k€229k▲
Appropriation of the result
Profit (loss) to be appropriated9906€99k€229k▲
Transfer from equity791/2-€833
Transfer to equity691/2€19k€63k▲
To other reserves6921€19k€63k▲
Profit to be distributed694/7€80k€167k▲
Return on contributions (dividend)694-€2k
Directors or managers695€80k€165k▲
Social balance
Average headcount (FTE)90877.07.3▲
The notes to these accounts (24 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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €99k ▼49.3%
Net result drops to €99k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 11 days late
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Ieper · 1 establishment unit since 1997
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.
Augustijnenstraat 758900 IeperGround area
533 m²
Building footprint
114 m²
Volume, LiDAR
748 m³
Parcel 33303E0239/00Y003, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TANGHE ELEKTRO
since 19972.079.955.261
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33303E0239/00Y003 | Flanders | 533 m² | 1 · 114 m² | 8.7 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 1,232 EUR awarded · 1,232 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,133 EUR | 1,133 EUR |
| 2022 | 1 | 99 EUR | 99 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
16 categoriesTANGHE ELEKTRO BV24241
Dual-learning approval
1 endedSimilar companies · same sector, comparable size
TOMME ENERGIE
BE 0841.133.817
Zwevegem · Eq €818k
ELEKTRO BRAM
BE 0748.664.311
Heuvelland · Eq €818k
HUIS JACOBS
BE 0877.000.457
Buggenhout · Eq €817k
Geotechnix
BE 0543.453.188
Oostkamp · Eq €816k
CVELEC
BE 0833.542.180
Wetteren · Eq €820k
Of 22,822 companies in sector 43211 we hold annual accounts for 10,327. 5,240 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-01-1997
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43299Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:info@electrotanghe.be
Phone:057/20.21.52
Fax:057/21.63.44