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 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Tarte Blanche from Oudenburg, company number BE0786821339, closed financial year 2025 with a result of € 13,377 after tax. For that financial year Tarte Blanche recorded a gross margin of € 151,183 and equity of € 36,022. Compared with financial year 2024, the result moved from € -9,418 to € 13,377. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 31, 2026.
€ 36,022
▲ 59% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 13,377
▲ still € 9,418 loss in 2024
Profit after tax over the fiscal year.
€ 32,383
▼ 47% 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 € 33,022.
People and assets in 2025
€ 61,772
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 18,224
▲ € 17,827 vs 2024
Of which on lease € 17,174.
Debts at end 2025
€ 201,704
€ 37,570 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 19,938
▲ 169% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,060
▲ € 9,371 vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 42,984 | € -7,521 | € 151,183 | ▲ € 158,704 |
| Profit after taxes | € 29,063 | € -9,418 | € 13,377 | ▲ € 22,795 |
| Equity | € 32,063 | € 22,646 | € 36,022 | ▲ 59% |
| Total debts | € 27,975 | € 42,424 | € 266,297 | ▲ € 223,872 |
| Cash | € 27,418 | € 61,454 | € 32,383 | ▼ 47% |
| Land & buildings | - | - | € 108,837 | |
| Retained profit | € 29,063 | € 19,646 | € 33,022 | ▲ 68% |
| Bank debt | € 0 | € 0 | € 201,704 | |
| Balance sheet total | € 60,038 | € 65,070 | € 302,319 | ▲ € 237,249 |
Key figures of Tarte Blanche, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Tarte Blanche?
What happened at Tarte Blanche in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 13,377. filed late Source: NBB ↗
- Elize George became a director. NBB
- New establishment in Middelkerke. KBO
- Start of the company according to the CBE. KBO
- Eelco Marchand became a director. NBB
In short
From € 29,063 profit in 2023 to € 13,377 profit in 2025.
Paid € 13,077 in corporate taxes since 2023.
Best year ever: 2023, with € 29,063 profit.
Management
Behind Tarte Blanche are Elize George and Eelco Marchand.
Directors
According to the 2025 annual accounts
Elize George
Director
since 2024
Eelco Marchand
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Brugsesteenweg 19
8460 Oudenburg
Distellaan 23a
8434 Middelkerke
Active since 3 June 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0786.821.339
- VAT number
- BE 0786.821.339
- Registered office
- Brugsesteenweg 19, 8460 Oudenburg
- Names & denominations
- Tarte Blanche
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 June 2022
- Peppol
- Active · Active since 8 Sept 2026
- Activities · NACE
Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk
Detailhandel in brood en banketbakkerswerk (koude bakkers)
Vervaardiging van beschuit, biscuit en houdbaar banketbakkerswerk
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Vervaardiging van roomijs en ander consumptie-ijs
Vervaardiging van cacao, chocolade en suikerwerk
Detailhandel in niet-gespecialiseerde winkels in diepvriesproducten