DE TOLLENAERE

Active

Public limited companyfounded 1979active for 46 yearsRinglaan 9, 9900 Eeklo, BelgiumKBO/BCE: BE 0419.965.755

Summary

DE TOLLENAERE has been active since 1979 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.9m and a net result of €1.8m. Equity is growing by about 5.9% per year across the filed financial years. Its solvency ranks better than 82% of 6,139 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

DE TOLLENAEREActiveChecked score 98/100

Risk analysis Report Compare

Activity

Wholesale of machine tools

NACE 46620Wholesale of electrical equipment, including installation materials NACE 46643

5th largest company by total assets in Eeklo, Wholesale and retail trade sector1 site

Size

€13.9mturnover 2025

Staff: 17.6 FTE
Equity: €5.9m
Profit: €1.8m

Financial health

98 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Parent: NIEBLA · 85.71%
Board: 5 members

DE TOLLENAERE MartineManaging director

2025 accounts filed 22 days late2 of 9 deeds summarised

Why 98lowers riskFounded in 1979Profit of €1.8m (financial year 2025)Equity €5.9m (75.8% of total assets)Size: turnover €13.9m, 17.6 FTE, total assets €7.8mShow the evidence

Checked score

Score 2025

98 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 84% of its sector peers (NACE 46, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 75.8% of total assets

Liquidity 53-8

short-term debt 21.5% · cash 8.0%

Profitability 94+27

return on assets 22.5%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,373 companies, NACE 46, small)

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026highest value 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026

Credit of up to €550,000 on 30-day terms is acceptable

Liquidity ample (current ratio 4.23, compared with 4.68 in 2024, above the usual 1.5; short-term debt: 21.5% and cash: 8% of total assets), and 24.2% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small): better than 92% on solvency, 69% on liquidity, 95% on profitability and 80% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises risk

Founded in 1979

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Profit of €1.8m (financial year 2025)

NBB · annual accounts

Equity €5.9m (75.8% of total assets)

NBB · annual accounts

Size: turnover €13.9m, 17.6 FTE, total assets €7.8m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

2025 accounts filed 22 days late

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 22-05-2026, 22 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

22 days late

2024

22 days late

2023

30 days late

2022

23 days late

2021

54 days late

2020

20 days late

2019

40 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 30 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 23 May (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-09-2026 year end25-10-2026 today30-04-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

22-05-2026 Annual accounts filedfinancial year 2025 · full…
08-05-2026 Resignations: BV M & F INVEST…Permanent representatives: Filip Trenson, Barbara…
30-09-2025 Highest result from 2019 to 2025net €1.8m ▲225%

Key points

Positive: Result rose in 2025from €542,235 to €1.8m ▲ 225% View
Positive: Among the best 13% on net resultsector median €112,347 · 6,074 companies €1.8m View
Board changedlatest change 02-01-2026 · 5 in office 3 joined · 1 left View
Controlled by NIEBLAknown shareholders 100% 85.71% View
Positive: 7 profitable years in a rowprofit 2025: €1.8m 7 years View
Active since 1979founded 22-12-1979 46 years View

By topic

Financials

Financial year: 2025
Turnover: €13.9m
Profit: €1.8m
Solvency: 75.8%

Turnover▲ 8.8%

Net result

20192025

Go to Financials

Board & ownership

Board: 5 members
Parent: NIEBLA · 85.71%
Known shareholders: 100%

DE TOLLENAERE DirkDirector
DE TOLLENAERE MarcDirector
FLO & CODirector
M & F INVESTDirector
NIEBLADirector

Go to Board & ownership

Network & group

Group: TOLSON
Connected companies: 1

Go to Network & group

Timeline

Events: 49
Since: 1981
Next accounts: by 30-04-2027

30-09-2025Equity above €5m
22-05-2025Annual accounts filed
30-05-2024Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Wholesale of machine toolsNACE 46620
Founded: 22-12-1979
Year ends: 30-09
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 11

Purpose: “De vennootschap heeft tot voorwerp de groot- en de kleinhandel,de in- en de export van…” (deed in Dutch)

Go to Articles of association

Key facts about DE TOLLENAERE

What is the company number of DE TOLLENAERE?: 0419.965.755. In Belgium the VAT number is the company number with BE in front: BE 0419.965.755.
Where is DE TOLLENAERE based?: The registered office is at Ringlaan 9, 9900 Eeklo.Company details
What does DE TOLLENAERE do?: According to the KBO register, the main activity is wholesale of machine tools (NACE 46620).
What is the legal form of DE TOLLENAERE?: Public limited company (NV).
When was DE TOLLENAERE founded?: On 22-12-1979.
Is DE TOLLENAERE still active?: Yes, DE TOLLENAERE is an active enterprise in the KBO register.
How many employees does DE TOLLENAERE have?: On average 17.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of DE TOLLENAERE?: €13.9m in financial year 2025, according to the filed annual accounts.
Is DE TOLLENAERE profitable?: In financial year 2025, DE TOLLENAERE made a profit of €1.8m.
Where can I find the annual accounts of DE TOLLENAERE?: DE TOLLENAERE filed 45 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DE TOLLENAERE due?: By 30-04-2027, for financial year 2026.Timeline