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TARBO

Active
Private limited company·Cafés en bars· 2 yrs active
Rodenbachstraat 127 ·1190 Vorst, Belgium
KBO/BCE: BE 1002.208.948
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Age2 yrs
Board2
Staff (FTE)4.7
Real estate2 parcels · 241 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of TARBO is 6.5% (elevated). The 2025 annual accounts show equity of €32k and a net result of €30k. Its solvency ranks better than 41% of 1080 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
6.5% Elevated
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Young company +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Filing behaviour

From the deposit records, complete market-wide
Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-05-2026, 86 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
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.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 06-05-2026 86 d early 2026-00105663
31-12-2024 31-07-2025 16-06-2025 45 d early 2025-00145933

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€30k
Working capital€-24k+59.9%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 06-05-2026 with the NBB · fiscal year 2025 · micro
€-75k€-50k€-25k€0€25kOperating result 2024: €-66k€-66kNet result 2024: €-67k€-67kOperating result 2025: €30k€30kNet result 2025: €30k€30k20242025
Operating resultNet result
Sector comparison
Fiscal year 2025 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 16.5% 25.9%
better than 41% of 1080 sector peers
Net result €30k €7k
better than 76% of 1081 sector peers
Equity €32k €23k
better than 57% of 1083 sector peers
Gross operating margin €217k €64k
better than 85% of 1077 sector peers
Staff costs €163k €52k
higher than 84% of 788 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€52k
- 24-25
Net profit
€30k
- 24-25
Cash flow
€52k
- 24-25
Total assets
€195k
+5.6% 24-25
Equity
€32k
+583.5% 24-25
Working capital
€-24k
+59.9% 24-25
Employees (FTE)
5
+176.5% 24-25
Staff costs
€163k
+225.1% 24-25
Debt
€163k
-9.5% 24-25
Debt ≤ 1y
€110k
-3.4% 24-25
Debt > 1y
€51k
-18.6% 24-25
Current ratio
0.79
+61.6% 24-25
Quick ratio
0.75
+63.5% 24-25
Solvency
16.5%
+547.4% 24-25
Debt / equity
5.07
-86.8% 24-25
ROE
93.1%
- 24-25
ROA
15.3%
- 24-25
Interest coverage
11.86
- 24-25
Figures by fiscal year
Fiscal year2025
Depositmicro
Revenue-
EBITDA€52k
Net profit€30k
Cash flow€52k
Staff costs€163k
Income taxes-
Dividends-
Total assets€195k
Equity€32k
Debt€163k
of which ≤ 1y€110k
of which > 1y€51k
Working capital€-24k
Employees (FTE)4.7
Ratios (computed)
2025
Current ratio0.79
Quick ratio0.75
Working capital ratio-12.1%
Solvency16.5%
Debt / equity5.07
Long-term debt ratio1.60
Interest coverage11.86
Gross margin-
Net margin-
ROA15.3%
ROE93.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€195k
Fixed assets 21/28€108k
Intangible fixed assets 21€16k
Tangible fixed assets 22/27€85k
Financial fixed assets 28€6k
Current assets 29/58€87k
Stocks & contracts in progress 3€4k
Amounts receivable within one year 40/41€508
Cash & bank 54/58€79k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€195k
Equity 10/15€32k
Contributions / capital 10/11€60k
Accumulated profits (losses) 14€-38k
Amounts payable 17/49€163k
Amounts payable after one year 17€51k
Amounts payable within one year 42/48€110k
Trade debts payable within one year 44€6k
Income statement
Gross operating margin 9900€217k
Operating result 9901€30k
Financial income 75€4k
Financial charges 65€4k
Result before taxes 9903€30k
Net result for the period 9904€30k
Result to be appropriated 9905€30k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
56 / 100 Fair
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Directors

Directors & mandates

4 directors
Current directors & mandates
  • Patrick Boulin
    Administrator
    State Gazette act 24025477 (09-02-2024)
    Current
    09-02-2024 → present
  • SUDNET Thanatchaporn
    Daily management delegate
    State Gazette act 24132691 (12-09-2024)
    Current
    09-02-2024 → present
    2 events
    • 12-09-2024 Appointed· Daily management delegate
    • 09-02-2024 Appointed· Administrator
Former directors (2)
  • Arnaud Mestdag
    Administrator
    State Gazette act 24025477 (09-02-2024)
    Former
    - → 09-02-2024
  • Jim Bogaert
    Administrator
    State Gazette act 24025477 (09-02-2024)
    Former
    - → 09-02-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Cafés en bars(56301)
Legal form Private limited company(610)
Incorporation13-11-2023
StatusActive
Postal code1190

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Rodenbachstraat 1271190 Vorst

Establishment units

1 location
Lune Siamoise
Tenbosstraat 108, 1050 ElseneRestaurant van het traditionele type
since 20232.352.902.373
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area241 m²
Buildings1
Building footprint75 m²
Volume (LiDAR)1,083 m³
Tallest building17.7 m · ±5 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21383B0064/00V002 Brussels 156 m² - -
21447B0289/00H003 Brussels 84 m² 1 · 75 m² 17.7 m · 5 fl.
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.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

3 acts
Capital history · 1
12-09-2024
v3.2
All acts · 3 updated 1 year ago
2024
12-09-2024 Capital increase to €40,000 Capital & shares
  • Inbreng in geld · Apport en numéraire
Summary: v3.2
09-02-2024 2 directors appointed, 2 resigning Director changes
  • Patrick Boulin, Administrator
  • Thanatchaporn Sudnet, Administrator
  • Arnaud Mestdag, Administrator
  • Jim Bogaert, Administrator
Summary: v3.2
2023
16-11-2023 Publication in the Belgian Official Gazette, Minor change Minor change·Maître John de Brouchoven de Bergeyck
Summary: constitutionNotary: Maître John de Brouchoven de Bergeyck · Bruxelles

Analysis

Snowflake analysis

financial profile on 5 axes
Health56Profitability100Solvency17Growth78Stability82
67 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 56
Profitability 100
Solvency 17
Growth 78
Stability 82

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AI due-diligence brief

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Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 1,341 of the 13,888 companies in this sector. 1,110 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112Cafés en bars56301Cafés en bars56301Eetgelegenheden met volledige bediening56101Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met volledige bediening56111Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112
Primary activity highlighted.
Names & trade names
Legal nameFR TARBO
Registered office
Rodenbachstraat 127
1190 Vorst, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.