DE TOEKOMST
ActiveDE TOEKOMST has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €108k and a net result of €7k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 86% of 13044 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
83
/ 100
Excellent▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability31▼-47
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 6.72 against 7.19 in 2024), and 26.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
73.4%
Return on assets
4.6%
Age of the figures
8 mo
neutral · 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 · 10 filingsDeviation from the deadline
2025
70 d early
2024
58 d early
2023
20 d late
2022
67 d early
2021
11 d early
2020
32 d early
2019
9 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€108k▼ 19.8%
2024 · €134k
2018: €82k
2019: €116k
2020: €108k
2021: €128k
2022: €145k
2023: €113k
2024: €134k
2018 → 2025
Total assets
€147k▼ 18.1%
2024 · €179k
2018: €364k
2019: €147k
2020: €120k
2021: €205k
2022: €205k
2023: €162k
2024: €179k
2018 → 2025
Net result
€7k▼ 67.9%
2024 · €21k
2018: €67k
2019: €33k
2020: €-8k
2021: €20k
2022: €17k
2023: €30k
2024: €21k
2018 → 2025
Working capital
€87k▼ 10.2%
2024 · €97k
2018: €40k
2019: €83k
2020: €78k
2021: €94k
2022: €82k
2023: €69k
2024: €97k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€128k-€145k▲ 13.6%€113k▼ 21.7%€134k▲ 18.4%€108k▼ 19.8%
Operating result€23k-€21k▼ 7.5%€42k▲ 98.7%€32k▼ 23.7%€12k▼ 62.3%
Net result€20k-€17k▼ 12.0%€30k▲ 70.4%€21k▼ 29.4%€7k▼ 67.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 62% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €147k
Fixed assets
€44k▼ 33.1%
Current assets
€102k▼ 9.2%
Equity and liabilities €147k
Equity
€108k▼ 19.8%
Debt
€39k▼ 12.8%
The debt ratio rises from 25.0% to 26.6%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€36k▼
2024 · €55k
Cash flow
€30k▼
2024 · €44k
Solvency
73.4%▼
2024 · 75.0%
Current ratio
6.72▼
2024 · 7.19
Quick ratio
6.25▼
2024 · 6.79
Debt / equity
0.36▲
2024 · 0.33
ROE
6.2%▼
2024 · 15.5%
ROA
4.6%▼
2024 · 11.6%
Interest coverage
39.54▲
2024 · 34.21
Debt
€39k▼
2024 · €45k
Debt ≤ 1 year
€15k▼
2024 · €16k
Debt > 1 year
€24k▼
2024 · €29k
Income taxes
€4k▼
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€179k€147k▼
Fixed assets21/28€66k€44k▼
Tangible fixed assets22/27€66k€44k▼
Land and buildings22€1k-
Plant, machinery and equipment23€9k€8k▼
Furniture and vehicles24€22k€10k▼
Other tangible fixed assets26€34k€27k▼
Financial fixed assets28€250€250=
Current assets29/58€113k€102k▼
Stocks and contracts in progress3€6k€7k▲
Stocks30/36€6k€7k▲
Amounts receivable within one year40/41€24k€6k▼
Other amounts receivable41€24k€6k▼
Cash at bank and in hand54/58€82k€88k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€179k€147k▼
Equity10/15€134k€108k▼
Contributions10/11€19k€19k=
Reserves13€116k€89k▼
Distributable reserves133€116k€89k▼
Amounts payable17/49€45k€39k▼
Amounts payable after more than one year17€29k€24k▼
Financial debts170/4€29k€24k▼
Amounts payable within one year42/48€16k€15k▼
Current portion of amounts payable after more than one year42€9k€9k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€5k€4k▼
Taxes450/3€2k€1k▼
Remuneration and social security454/9€3k€3k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€24k▲
Other operating charges640/8€1k€5k▲
Gross operating margin9900€56k€40k▼
Operating profit (loss)9901€32k€12k▼
Financial income75/76B€634€97▼
Recurring financial income75€634€97▼
Financial charges65/66B€2k€900▼
Recurring financial charges65€2k€900▼
Profit (loss) for the period before taxes9903€31k€11k▼
Income taxes67/77€10k€4k▼
Profit (loss) for the period9904€21k€7k▼
Profit (loss) for the period to be appropriated9905€21k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€7k▼
Transfer from equity791/2-€33k
Transfer to equity691/2€21k€7k▼
To other reserves6921€21k€7k▼
Profit to be distributed694/7-€33k
Return on contributions (dividend)694-€33k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
25-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-8k ▼123%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 7.58
Current ratio from 3.64 to 7.58; short-term debt falls from €31k to €12k.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 3.64
Current ratio from 1.14 to 3.64; short-term debt falls from €282k to €31k.
31-12
Financial
Equity above €100kEq €116k ▲40.4%
2 profitable years in a row build equity to €116k.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 35 days late
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2023
Mathieu Erik Michel Tubaert
CurrentDirector · since 28-12-2023
28-12-2023
Appointed as Director
Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 1988
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Desselgemseweg 878790 WaregemGround area
682 m²
Building footprint
289 m²
Volume, LiDAR
1,499 m³
Parcel 34453D0212/00L003, Flanders · tallest building 9.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DE TOEKOMST
since 19882.033.912.331
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34453D0212/00L003 | Flanders | 682 m² | 1 · 289 m² | 9.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWaregem2.033.912.331
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BE 0769.813.477
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AGORA
BE 0472.039.315
Sint-Niklaas · Eq €108k
TOBI
BE 0433.358.089
Heist-op-den-Berg · Eq €107k
LAAGWATER
BE 0718.655.578
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Of 13,834 companies in sector 56301 we hold annual accounts for 4,808. 3,575 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-1987
Fiscal year end31-12
Activities, NACEBEL
55401
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.