TUSK IC

Active

Public limited companyfounded 2018active for 8 yearsCuperusstraat 5, 2018 Antwerpen, BelgiumKBO/BCE: BE 0688.725.140

Summary

TUSK IC has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €834,646 and a net result of €684,081. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 79% of 2,064 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

TUSK ICActiveChecked score 97/100

Risk analysis Report Compare

Activity

Market research and public opinion polling

NACE 73200Engineering and related technical consultancy, excluding land surveyors NACE 71121

1 site

Size

€1.1mtotal assets 2025

Staff: 7.2 FTE
Equity: €834,646
Profit: €684,081

Turnover not published (abbreviated or micro format)

Financial health

97 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Structure

Largest shareholder: GEMMA FRISIUS-FONDS KU LEUVEN · 26.37%
Board: 11 members

PQR ServicesCEO · permanent representative PHILIPS Kathleen

2025 accounts 70 days early6 of 9 deeds summarised

Why 97lowers riskEquity €834,646 (76.2% of total assets)Liquidity: current ratio 0.91, cash €185,529Figures for financial year 2025 (filed 26-05-2026)Sector: Advertising, market research and public relations activities (NACE 73)Show the evidence

Checked score

Score 2025

97 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 82% of its sector peers (NACE 73, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100+51

equity 76.2% of total assets

Liquidity 63+5

short-term debt 23.8% · cash 16.9%

Profitability 100+100

return on assets 62.5%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,214 companies, NACE 73, micro)

Last 24 months 11-2024: 2.4%highest value 12-2024: 2.4%● unchanged vs 11-2024highest value 01-2025: 2.4%● unchanged vs 12-2024 02-2025: 2.4%● unchanged vs 01-2025 03-2025: 2.3%▼ -0.1 percentage points vs 02-2025 04-2025: 2.2%▼ -0.1 percentage points vs 03-2025 05-2025: 2.2%● unchanged vs 04-2025 06-2025: 0.7%▼ -1.5 percentage points vs 05-2025 07-2025: 0.7%● unchanged vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.8%▲ +0.1 percentage points vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.9%▲ +0.1 percentage points vs 03-2026 05-2026: 0.8%▼ -0.1 percentage points vs 04-2026 06-2026: 0.1%▼ -0.7 percentage points vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value

Credit of up to €80,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.91, compared with 1.3 in 2024, below 1; short-term debt: 23.8% and cash: 16.9% of total assets), and 23.8% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 73, micro): better than 87% on solvency, 55% on liquidity, 88% on profitability and 98% on growth.

The bankruptcy probability was computed on 27-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.

lowers riskneutral

Equity €834,646 (76.2% of total assets)

NBB · annual accounts

Liquidity: current ratio 0.91, cash €185,529

NBB · annual accounts

Figures for financial year 2025 (filed 26-05-2026)

NBB · annual accounts

Sector: Advertising, market research and public relations activities (NACE 73)

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-05-2026, 70 days ahead of the deadline.

NBB · 8 filings

Deviation from the deadline

2025

70 days early

2024

80 days early

2023

69 days early

2022

61 days early

2021

53 days early

2020

61 days early

2019

52 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 64 days before the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 May (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

27-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

02-10-2026 Resignation: WOVOL CONSULT (managing director)Appointments: WOVOL CONSULT, PQR SERVICES…
30-09-2026 Capital & sharesAmendment of the articles ·…
22-05-2026 Annual accounts filedfinancial year 2025 · abbreviated…

Key points

Positive: Equity rose in 2025from €140,995 to €834,646 ▲ 492% View
Positive: Among the best 5% on net resultsector median €16,532 · 2,063 companies €684,081 View
Board changedlatest change 02-10-2026 · 11 in office 4 joined · 1 left View
Positive: Always filed on timeaccounts within the deadline every year 8 years View

By topic

Financials

Financial year: 2025
Total assets: €1.1m
Profit: €684,081
Solvency: 76.2%

Total assets▲ 83.9%

Net result

20182025

Go to Financials

Board & ownership

Board: 11 members
Largest shareholder: GEMMA FRISIUS-FONDS KU LEUVEN · 26.37%

Kris BeyenDirector
MOONS RafDirector
Patrick ReynaertDirector
PQR ServicesCEO
APOSTU SilviuDirector

and 6 other directors

Go to Board & ownership

Network & group

Connected companies: 1

Go to Network & group

Timeline

Events: 21
Since: 2019
Next accounts: by 31-07-2027

31-12-2025Back to profit
31-12-2025Equity above €500,000
23-06-2025Appointment: PQR Services (class A director)

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Market research and public opinion pollingNACE 73200
Founded: 22-01-2018
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 18

Annual meeting: Second Wednesday of May at 19:00
Purpose: “Onderzoek, studie, ontwerp, ontwikkeling, dienstverlening en commercialisering van…” (deed in Dutch)

Go to Articles of association

Key facts about TUSK IC

What is the company number of TUSK IC?: 0688.725.140. In Belgium the VAT number is the company number with BE in front: BE 0688.725.140.
Where is TUSK IC based?: The registered office is at Cuperusstraat 5, 2018 Antwerpen.Company details
What does TUSK IC do?: According to the KBO register, the main activity is market research and public opinion polling (NACE 73200).
What is the legal form of TUSK IC?: Public limited company (NV).
When was TUSK IC founded?: On 22-01-2018.
Is TUSK IC still active?: Yes, TUSK IC is an active enterprise in the KBO register.
How many employees does TUSK IC have?: On average 7.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of TUSK IC?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is TUSK IC profitable?: In financial year 2025, TUSK IC made a profit of €684,081.
Where can I find the annual accounts of TUSK IC?: TUSK IC filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TUSK IC due?: By 31-07-2027, for financial year 2026.Timeline