TANGHE GRAPHIX
ActiveSummary
TANGHE GRAPHIX has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €978,888 and a net result of -€14,318. Equity has been stable since 2018 (±8.8% per year). Its solvency ranks better than 72% of 358 sector peers (NACE 18, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 19-12-2006 Normal situation
- Activity
- Printing and reproduction of recorded media NACE 18110and 4 others
- Joint committees
- 200 Auxiliary committee for white-collar workers
- 130 Printing, graphic arts and newspapers · annual accounts 2024
- Establishment unit
- 2.158.772.513 7780 Comines-Warneton, since 21-12-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 16-12-2024
Board and ownership
- FA PROPRIETASDirector · since 27-02-2026
- MARC MAHIEUDirector · since 27-02-2026
- NANCY NOYEZDirector · since 27-02-2026
- INDIGO99.5%2025 annual accounts of INDIGO
- Carine d'Ennetièresannual accounts 2024
- Claudie Tangheannual accounts 2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €157,362
- ▼ 77.0%
- Turnover
- ≈ €400,000
- estimated
- Loss
- €14,318
- Equity
- €978,888
- ▼ 1.4%
- Total assets
- €1.5m
- ▼ 46.5%
- Staff
- ≈ 0.6 FTE
- estimated
Score breakdownraises riskSector: Printing and reproduction of recorded media (NACE 18)lowers riskSize: total assets €1.5mFounded in 2006Figures for financial year 2025 (filed on 29-06-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 18, micro). It does better than 64% of them on solvency, 57% on liquidity, 39% on profitability and 38% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 41 days before the deadline. In the sector (NACE 18), the median for financial year 2024 was 5 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
Key points
- Caution: From profit to loss in 2025after a profit of €154,666 in 2024 -€14,318 View
- Caution: Board changedlatest change 27-05-2026 · 3 in office 3 joined · 3 left View
- Caution: Lower net result than 81% of companies in printingsector median €11,522 · 358 companies -€14,318 View
- Restructuring with TANGHE PRINTINGrestructuring on 24-01-2025 2025 View
Recent changes
- · Gazette deed 3 directors appointed, 3 directors resigningResignations: INDIGO, Carine d'Ennetières and Claudie Tanghe · Appointments: FA Proprietas, Marc Mahieu and Nancy Noyez · Permanent representatives: Marc Mahieu and Nancy Noyez
- · Gazette deed Demerger: TANGHE GRAPHIX splits off to TANGHE PRINTINGIssue of 49 shares · Resignations: Claudie Tanghe (director) and Carine d'Ennetières (director) · Appointments: Claudie Tanghe (director) and Carine d'Ennetières (director)
- · Gazette deed Demerger proposal: Tanghe Printing SA splits off to Tanghe Graphix SRLClaudie Tanghe holds 4 shares (0.01%) · Indigo SRL holds 6,167 shares (99.99%) · Carine D'Ennetières holds 1 share (0.5%)
Comparable companies
These companies have the same main activity as TANGHE GRAPHIX: printing and reproduction of recorded media (NACE 18110). They are comparable in size and age: total assets between €480,000 and €1.1m, founded between 1993 and 2013.
| Company | Total assets | Gross margin |
|---|---|---|
| TANGHE GRAPHIX Comines-Warneton | €1.5m | €0.2m |
| PIXINK Sprimont | €0.7m | €0.2m |
| Catacare Knokke-Heist | €0.9m | €0.1m |
| MARCOM WORLD Watermael-Boitsfort | €0.5m | €0.2m |
| LAMBERT D.L. VERPAKKINGEN Aalter | €1.1m | €0.2m |
| NEXTDADA Hasselt | €0.5m | €0.07m |
| IDECOPY Liège | €1.0m | €0.3m |
Key facts about TANGHE GRAPHIX
- What is the company number of TANGHE GRAPHIX?
- The company number of TANGHE GRAPHIX is 0885.859.131. The VAT number is the same number with BE in front: BE 0885.859.131.
- Where is TANGHE GRAPHIX based?
- The registered office is at Industriellaan 20, 7780 Comines-Warneton.Company details
- What does TANGHE GRAPHIX do?
- According to the KBO register, the main activity is printing and reproduction of recorded media (NACE 18110).
- What is the legal form of TANGHE GRAPHIX?
- TANGHE GRAPHIX is a private limited company (BV).
- When was TANGHE GRAPHIX founded?
- TANGHE GRAPHIX was founded on 19-12-2006.
- Is TANGHE GRAPHIX still active?
- Yes, TANGHE GRAPHIX is an active enterprise in the KBO register.
- How many employees does TANGHE GRAPHIX have?
- TANGHE GRAPHIX had an average of 6.4 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does TANGHE GRAPHIX fall under?
- In its 2024 annual accounts, TANGHE GRAPHIX states joint committees 200 (Auxiliary committee for white-collar workers) and 130 (Printing, graphic arts and newspapers).
- What is the turnover of TANGHE GRAPHIX?
- The turnover in financial year 2025 is ≈ €400,000. This figure is estimated from the gross margin of €157,362 and 1,647 comparable companies of the same size. It probably lies between €240,000 and €750,000. It is a rough estimate.
- Is TANGHE GRAPHIX profitable?
- In financial year 2025, TANGHE GRAPHIX made a loss of €14,318.
- Where can I find the annual accounts of TANGHE GRAPHIX?
- TANGHE GRAPHIX filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TANGHE GRAPHIX due?
- TANGHE GRAPHIX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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