TATVA
ActiveSummary
TATVA has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €375k and a net result of €56k. Equity is growing by ~28% per year across the filed fiscal years. Its solvency ranks better than 86% of 20782 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
94
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▼-4
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 8.77 against 10.68 in 2023; short-term debt: 11.1% and cash: 72.3% of total assets), and 11.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2024Solvency, return and age of the figures
Solvency
88.5%
Return on assets
13.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
72 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
107 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€375k▲ 14.7%
2023 · €327k
2019: €96k
2020: €156k
2021: €203k
2022: €253k
2023: €327k
2019 → 2024
Total assets
€423k▲ 17.3%
2023 · €361k
2019: €129k
2020: €221k
2021: €262k
2022: €291k
2023: €361k
2019 → 2024
Net result
€56k▼ 24.2%
2023 · €74k
2019: €90k
2020: €60k
2021: €47k
2022: €50k
2023: €74k
2019 → 2024
Working capital
€365k▲ 11.6%
2023 · €327k
2019: €95k
2020: €156k
2021: €203k
2022: €253k
2023: €327k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€156k-€203k▲ 30.0%€253k▲ 24.8%€327k▲ 29.3%€375k▲ 14.7%
Operating result€83k-€66k▼ 21.4%€71k▲ 7.6%€93k▲ 32.5%€82k▼ 12.3%
Net result€60k-€47k▼ 21.9%€50k▲ 7.2%€74k▲ 47.9%€56k▼ 24.2%
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 2024; 2024 is 12% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €423k
Fixed assets
€11k
Current assets
€412k
Equity and liabilities €423k
Equity
€375k ▲ 14.7%
Debt
€49k ▲ 42.8%
Debt's share of the balance-sheet total rises from 9.4% to 11.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€88k
Cash flow
€62k
Current ratio
8.77▼
2023 · 10.68
Debt to equity
0.13▲
2023 · 0.10
ROE
15.0%▼
2023 · 22.7%
ROA
13.3%▼
2023 · 20.5%
Interest coverage
57.79
Debt ≤ 1 year
€47k▲
2023 · €34k
Income taxes
€24k▲
2023 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€361k€423k▲
Fixed assets21/28€0€11k▲
Tangible fixed assets22/27€0€11k▲
Plant, machinery and equipment23€0€0=
Furniture and vehicles24-€11k
Current assets29/58€361k€412k▲
Amounts receivable after more than one year29€73k€73k=
Other amounts receivable291€73k€73k=
Amounts receivable within one year40/41€34k€33k▼
Trade receivables40€34k€33k▼
Other amounts receivable41€1€26▲
Cash at bank and in hand54/58€254k€306k▲
Deferred charges and accrued income490/1-€43
Equity and liabilities
Total equity and liabilities10/49€361k€423k▲
Equity10/15€327k€375k▲
Contributions10/11€6k€6k=
Reserves13€320k€368k▲
Distributable reserves133€320k€368k▲
Profit (loss) carried forward14€731€754▲
Amounts payable17/49€34k€49k▲
Amounts payable within one year42/48€34k€47k▲
Trade debts44€1k€196▼
Suppliers440/4€1k€196▼
Taxes, remuneration and social security45€20k€34k▲
Taxes450/3€18k€31k▲
Remuneration and social security454/9€2k€3k▲
Other amounts payable47/48€12k€13k▲
Accrued charges and deferred income492/3€200€2k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€6k
Other operating charges640/8-€1k
Gross operating margin9900€93k€89k▼
Operating profit (loss)9901€93k€82k▼
Financial income75/76B-€6
Recurring financial income75-€6
Financial charges65/66B€719€2k▲
Recurring financial charges65€719€2k▲
Profit (loss) for the period before taxes9903€93k€80k▼
Income taxes67/77€19k€24k▲
Profit (loss) for the period9904€74k€56k▼
Profit (loss) for the period to be appropriated9905€74k€56k▼
Appropriation of the result
Profit (loss) to be appropriated9906€75k€57k▼
Profit (loss) brought forward from the previous period14P€606€564▼
Transfer to equity691/2€74k€56k▼
To other reserves6921€74k€56k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
11-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 72 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €47k ▼21.9%
Net result drops to €47k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200kEq €203k ▲30%
3 profitable years in a row build equity to €203k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €150kEq €156k ▲62.4%
2 profitable years in a row build equity to €156k.
15-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 107 days late
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, Herent · 1 establishment unit since 2018
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.
Wildenhoge 343020 HerentGround area
1,001 m²
Building footprint
227 m²
Volume, LiDAR
1,358 m³
2 parcels, Flanders · tallest building 13.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TATVA
since 20182.279.124.668
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24127E0024/00T003 | Flanders | 643 m² | 1 · 153 m² | 13.0 m · 2 fl. |
| 24423H0361/00V000 | Flanders | 358 m² | 1 · 74 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
PRO2M
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ADVANCED BUSINESS CONCEPT
BE 0535.584.708
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KEY PARTNER INFORMATION SERVICE
BE 0524.907.382
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BRAINSOLUTIONS
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Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 13,070 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
90201Performing arts by independent artists
90202Performing arts by artistic ensembles
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.