Financials
Financial year 2024
TAO GUITARS from Vorst, company number BE0831075214, closed financial year 2024 with a result of € 12,672 after tax. For that financial year TAO GUITARS recorded a gross margin of € 35,006 and equity of € 26,635. Compared with financial year 2023, the result moved from € -9,191 to € 12,672. Profitable, and profit is growing. 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 September 30, 2025.
€ 26,635
▲ 91% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,672
▲ still € 9,191 loss in 2023
Profit after tax over the fiscal year.
€ 26,260
▲ 1% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 8,035.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 11,902
▲ 37% vs 2023
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 2024
None
No bank loans on the last day of the fiscal year.
€ 1,069
▼ 73% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 900
▼ 91% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 40,596 | € 30,563 | € 9,722 | € 35,006 | ▲ 260% |
| Profit after taxes | € 7,445 | € -4,247 | € -9,191 | € 12,672 | ▲ € 21,863 |
| Equity | € 27,400 | € 23,153 | € 13,963 | € 26,635 | ▲ 91% |
| Total debts | € 30,285 | € 37,600 | € 49,540 | € 46,048 | ▼ 7% |
| Cash | € 21,393 | € 26,441 | € 25,996 | € 26,260 | ▲ 1% |
| Retained profit | € 8,800 | € 4,553 | € -4,637 | € 8,035 | ▲ € 12,672 |
| Bank debt | € 222 | € 0 | € 5 | € 0 | ▼ 100% |
| Balance sheet total | € 57,685 | € 60,754 | € 63,503 | € 72,682 | ▲ 14% |
Key figures of TAO GUITARS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to TAO GUITARS?
What happened at TAO GUITARS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 12,672. filed late Source: NBB ↗
- New establishment in Vorst. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,445 profit in 2021 to € 12,672 profit in 2024.
Paid € 2,148 in corporate taxes since 2021.
Best year ever: 2024, with € 12,672 profit.
A new publication or filing at TAO GUITARS? 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
Directors
According to the 2024 annual accounts
Serge Michels
Director
Establishments
Establishment units
Physical locations of this company
Verbindingslaan 62-64
1190 Vorst
Verbindingslaan 62/64
1190 Vorst
Active since 15 November 2010
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
OVH Mail
Hosting
WIX_COM, IL
Domain
Domain
taoguitars.com
Registered
2006-04-05
Registrar
OVH, SAS
Expires
2026-04-05
Website info
Features
Security
Network
Details
- Company number
- 0831.075.214
- VAT number
- BE 0831.075.214
- Registered office
- Verbindingslaan 62-64, 1190 Vorst
- Names & denominations
- TAO GUITARS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 November 2010
- Peppol
- Active · Active since 18 Dec 2025
- Contact
- taoguitars.com 003225388131
- Activities · NACE
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