NORMAL SITUATION

TAO

Export PDF

Financial year 2025 · closed on 30/06/2025

Net result

130,1 k €

+93.4% YoY

Gross margin

79,5 k €

-8.5% YoY

Equity

21,1 M €

+0.6% YoY

Company — Normal situation.

What does TAO do?

TAO is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0881.973.191

Legal form

Private limited company

Contributed capital

1 653 000,00 €

Latest accounts

30/06/2025

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	79,5 k €	-8.5%	86,9 k €	+311%	-41,2 k €	-23.4%	-33,4 k €	-225%	26,7 k €	-61.1%	68,7 k €	-12.6%	78,6 k €	+13.7%	69,1 k €	+11.1%	62,2 k €	+213%	19,9 k €	-9.2%	21,9 k €	-89.8%	213,9 k €	-27.7%	295,8 k €	+18.9%	248,9 k €	-15.3%	293,7 k €	-23.9%	386,2 k €	+358%	84,3 k €	+16.9%	72,1 k €	+647%	9,6 k €
EBITDA	79,5 k €	+271%	-46,5 k €	+4.4%	-48,7 k €	-16.1%	-41,9 k €	-278%	23,5 k €	-65.2%	67,7 k €	-12.8%	77,7 k €	+13.6%	68,4 k €	+11.9%	61,1 k €	+226%	18,7 k €	-9.7%	20,7 k €	-90.2%	212,2 k €	-28.0%	294,6 k €	+18.9%	247,7 k €	-15.3%	292,6 k €	-24.1%	385,3 k €	+363%	83,2 k €	+16.4%	71,5 k €	+723%	8,7 k €
Operating result	79,5 k €	+271%	-46,5 k €	+4.4%	-48,7 k €	-16.1%	-41,9 k €	-278%	23,5 k €	-65.2%	67,7 k €	-12.8%	77,7 k €	+13.6%	68,4 k €	+11.9%	61,1 k €	+226%	18,7 k €	-8.6%	20,5 k €	-90.3%	211,7 k €	-28.0%	294,1 k €	+18.8%	247,5 k €	-15.4%	292,6 k €	-23.9%	384,5 k €	+367%	82,3 k €	+15.8%	71 k €	+759%	8,3 k €
Net result	130,1 k €	+93.4%	67,3 k €	-24.2%	88,7 k €	-65.8%	259,1 k €	+180%	92,5 k €	+37.1%	67,4 k €	-48.6%	131,1 k €	+666%	-23,2 k €	-133%	69,6 k €	+622%	9,6 k €	-99.8%	4,6 M €	+835%	488,6 k €	-14.6%	571,9 k €	+529%	90,9 k €	-15.9%	108 k €	-24.1%	142,3 k €	-96.7%	4,4 M €	+115862%	-3,8 k €	+89.8%	-37,2 k €
Balance sheet
Equity	21,1 M €	+0.6%	20,9 M €	+155%	8,2 M €	+1.1%	8,1 M €	+3.3%	7,9 M €	+1.2%	7,8 M €	+0.9%	7,7 M €	+1.7%	7,6 M €	-34.6%	11,6 M €	+0.6%	11,5 M €	+0.1%	11,5 M €	+65.9%	6,9 M €	+181%	2,5 M €	-61.0%	6,3 M €	+1.5%	6,2 M €	+1.8%	6,1 M €	+2.4%	6 M €	+37494%	-16 k €	-31.0%	-12,2 k €
Total assets	24,6 M €	+1.8%	24,2 M €	+66.0%	14,6 M €	+0.6%	14,5 M €	+1.9%	14,2 M €	+0.7%	14,1 M €	+0.5%	14 M €	+1.2%	13,9 M €	-22.2%	17,8 M €	+0.4%	17,8 M €	-5.8%	18,8 M €	+83.5%	10,3 M €	-9.2%	11,3 M €	-2.2%	11,6 M €	-0.4%	11,6 M €	-1.4%	11,8 M €	+4.1%	11,3 M €	+315%	2,7 M €	+124%	1,2 M €
Cash	424,6 k €	+40.0%	303,2 k €	-49.1%	596 k €	-79.9%	3 M €	+30.5%	2,3 M €	-62.2%	6 M €	-4.3%	6,3 M €	-10.9%	7,1 M €	-37.9%	11,4 M €	+20.9%	9,4 M €	+47.4%	6,4 M €	+15.3%	5,5 M €	+476%	960 k €	-27.7%	1,3 M €	+237%	394,4 k €	-8.9%	433 k €	+19.4%	362,7 k €	+18467%	2 k €	+2.9%	1,9 k €
Debts	3,5 M €	+9.1%	3,2 M €	-49.0%	6,4 M €	+0.0%	6,4 M €	+0.1%	6,3 M €	+0.1%	6,3 M €	+0.0%	6,3 M €	+0.7%	6,3 M €	+0.7%	6,3 M €	+0.1%	6,2 M €	-14.9%	7,3 M €	+120%	3,3 M €	-62.3%	8,8 M €	+68.6%	5,2 M €	-2.6%	5,4 M €	-1.2%	5,5 M €	+2.2%	5,3 M €	+95.6%	2,7 M €	+122%	1,2 M €

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 3 ended

Active mandates

Charles Goldberg

Director

Active

Ended mandates

Charles Goldberg

Director · since 19 juin 2006

Ended

Charles Goldberg

Manager · since 19 juin 2006

Ended

Charles Goldberg

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	30/06/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	6 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/06/2026	16/10/2025	02/07/2024	27/06/2023	03/11/2022	27/09/2021
General meeting	14/11/2025	30/07/2025	24/06/2024	26/06/2023	07/10/2022	03/09/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	14/11/2025	17/06/2026	Dutch	PDF
Abridged modelCorrection	31/12/2024	30/07/2025	16/10/2025	Dutch	PDF
Abridged model	31/12/2024	30/07/2025	20/08/2025	Dutch	PDF
Abridged model	31/12/2023	24/06/2024	02/07/2024	Dutch	PDF
Abridged model	31/12/2022	26/06/2023	27/06/2023	Dutch	PDF
Abridged model	31/12/2021	07/10/2022	03/11/2022	Dutch	PDF
Abridged model	31/12/2020	03/09/2021	27/09/2021	Dutch	PDF
Abridged model	31/12/2019	29/06/2020	20/07/2020	Dutch	PDF
Abridged model	31/12/2018	24/06/2019	26/06/2019	Dutch	PDF
Abridged model	31/12/2017	25/06/2018	25/07/2018	Dutch	PDF
Abridged model	31/12/2016	31/07/2017	31/08/2017	Dutch	PDF
Abridged modelCorrection	31/12/2015	28/11/2016	02/12/2016	Dutch	PDF
Abridged model	31/12/2015	08/08/2016	05/09/2016	Dutch	PDF
Abridged model	31/12/2014	29/06/2015	29/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	12/09/2014	Dutch	PDF
Abridged model	31/12/2012	24/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	25/06/2012	21/09/2012	Dutch	PDF
Abridged model	31/12/2010	27/06/2011	18/07/2011	Dutch	PDF
Abridged model	31/12/2009	28/06/2010	30/08/2010	Dutch	PDF
Abridged modelCorrection	31/12/2008	29/06/2009	26/10/2009	Dutch	PDF
Abridged model	31/12/2008	29/06/2009	24/08/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	22/07/2008	Dutch	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 3 ended

Active mandates

Charles Goldberg

Director

Active

Ended mandates

Charles Goldberg

Director · since 19 juin 2006

Ended

Charles Goldberg

Manager · since 19 juin 2006

Ended

Charles Goldberg

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Dissolution11/02/2026
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring28/11/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring26/08/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring13/03/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025130,1 k €↑
2024
Annual accounts 202467,3 k €↓
2023
Annual accounts 202388,7 k €↓
2022
Annual accounts 2022259,1 k €↑
2021
Annual accounts 202192,5 k €↑
2020
Annual accounts 202067,4 k €↓
2019
Annual accounts 2019131,1 k €↑
2018
Annual accounts 2018-23,2 k €↓
2017
Annual accounts 201769,6 k €↑
2016
Annual accounts 20169,6 k €↓
2015
Annual accounts 20154,6 M €↑
2014
Annual accounts 2014488,6 k €↓
2013
Annual accounts 2013571,9 k €↑
2012
Annual accounts 201290,9 k €↓
2011
Annual accounts 2011108 k €↓
2010
Annual accounts 2010142,3 k €↓
2009
Annual accounts 20094,4 M €↑
2008
Annual accounts 2008-3,8 k €↑
2007
Annual accounts 2007-37,2 k €

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TAO

Overview

What does TAO do?

Trend over 19 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline