Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TAGO from Ellezelles, company number BE0440692774, closed financial year 2025 with a result of € 11,373 after tax. For that financial year TAGO recorded a gross margin of € 19,521 and equity of € 290,624. Compared with financial year 2024, the result moved from € 15,494 to € 11,373. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 290,624
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,373
▼ 27% vs 2024
Profit after tax over the fiscal year.
€ 2,542
▼ 31% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 219,624.
People and assets in 2025
€ 614
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 15,091
▼ 39% vs 2024
€ 6,785 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 4,769
▲ € 3,757 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 761
▼ 90% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 43,586 | € 24,320 | € 27,647 | € 19,521 | ▼ 29% |
| Profit after taxes | € 24,692 | € 12,797 | € 15,494 | € 11,373 | ▼ 27% |
| Equity | € 250,960 | € 263,758 | € 279,252 | € 290,624 | ▲ 4% |
| Total debts | € 151,105 | € 151,626 | € 139,960 | € 129,133 | ▼ 8% |
| Cash | € 418 | € 167 | € 3,673 | € 2,542 | ▼ 31% |
| Land & buildings | € 366,709 | € 366,302 | € 365,895 | € 365,487 | |
| Retained profit | € 179,960 | € 192,758 | € 208,252 | € 219,624 | ▲ 5% |
| Bank debt | € 35,269 | € 30,771 | € 24,911 | € 15,091 | ▼ 39% |
| Balance sheet total | € 402,065 | € 415,383 | € 419,212 | € 419,757 |
Key figures of TAGO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to TAGO?
What happened at TAGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,373 (▼ 27% vs 2024). Source: NBB ↗
- Ann WYCKMAN became a director. NBB
- Stefan HAEGEMAN became a director. NBB
- New establishment in Ellezelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,692 profit in 2022 to € 11,373 profit in 2025.
Paid € 19,709 in corporate taxes since 2022.
Best year ever: 2022, with € 24,692 profit.
A new publication or filing at TAGO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind TAGO are Ann WYCKMAN and Stefan HAEGEMAN.
Directors
According to the 2025 annual accounts
Ann WYCKMAN
Director
since 2006
Stefan HAEGEMAN
Managing director
since 2006
Establishments
Establishment units
Physical locations of this company
Chaussée de Ninove 143
7890 Ellezelles
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.692.774
- VAT number
- BE 0440.692.774
- Registered office
- Chaussée de Ninove 143, 7890 Ellezelles
- Names & denominations
- TAGO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 April 1990
- Peppol
- Active · Active since 11 Dec 2025
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