Turnover
≈ €410,000 estimated
The micro format states no turnover.
ETHIC' & TOIT
Lifetime
9 annual accounts with figures on one time axispeak €35,688 (2025)
€35,688▲ 3.8%
lowest -€35,722 (2021)
€3,893▲ 78.7%
peak €422,159 (2019)
€352,404▲ 1.1%
€518,422▼ 5.1%
Board3 names since 2017
2 directorsJESSLE CHRISTINE and 1 other
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Result from €2,178 to €3,893
Key points
from the 2025 annual accountsFilings
9 annual accounts 6 late
The 2019 accounts came latest: 108 days after the end of the period.
Position in the sector
€352,404
More equity than 92% of companies in retail trade. Sector median €40,998 · 22,960 companies.
Checked score
84
Excellent
Financially stronger than 44% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.4%▼ -0.1 percentage points vs 02-2025
04-2025: 0.5%▲ +0.1 percentage points vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.6%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%▼ -0.2 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.5%▲ +0.1 percentage points vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.6%▲ +0.1 percentage points vs 06-2026
08-2026: 0.9%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 0.4%▼ -0.5 percentage points vs 08-2026lowest value
10-2026: 0.4%● unchanged vs 09-2026lowest value
11-2026: 0.4%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.04, cash €4,418
Sector: Retail trade (NACE 47)
lowers risk
Size: total assets €870,826
Figures for financial year 2025 (filed on 30-08-2026)
Calculation
The band follows from the bankruptcy probability. 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 47, micro). It does better than 56% of them on solvency, 43% on liquidity, 35% on profitability and 43% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,639 companies had the same profile as ETHIC' & TOIT has now. Each dot stands for 5 companies, two years later.
95.5%
were still trading
3.7%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ETHIC' & TOIT itself: 0.4% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,639 companies, not a prediction for ETHIC' & TOIT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.04 (0.07 in 2024), below 1. Short-term debt is 20.5% and cash 0.5% of total assets. 59.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 9 filingsDeviation from the deadline
2025
30 days late
2024
15 days early
2023
19 days late
2022
43 days early
2021
42 days early
2020
30 days late
2019
108 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 12 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 July (4 of the last 5 accounts filed within 35 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
JC
JESSLE CHRISTINE
Director, since 07-01-2017
RP
ROLAND PIERRE ALEXIS
Director, since 07-01-2017
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0668844296
Purpose change · Amendment of the articles · Legal-form change
“La société a pour objet le développement économique, social et culturel principalement de la Province de…” (deed in French) · Gazette deed
Resignation: Claude FISSON (director)
Director discharge: Claude FISSON · General meeting of 07-06-2019 · Gazette deed
Cooperative approval granted
Decision of 20-12-2017, published on 09-01-2018
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as ETHIC' & TOIT: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €632,000 and €1.3m, founded between 2014 and 2018.
Official details
Source: KBO- Status
- Active since 07-01-2017Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominatingNACE 47110and 5 others
- Establishment unit
- 2.262.460.3656850 Paliseul, since 07-01-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 26-12-2025
Insights on ETHIC' & TOIT
ETHIC' & TOIT files the micro format. That format states no turnover. The gross margin rose from €648 in 2017 to €35,688 in 2025.
The balance sheet grew most from 2018 to 2020 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ETHIC' & TOIT
- What is the company number of ETHIC' & TOIT?
- The company number of ETHIC' & TOIT is 0668.844.296. The VAT number is the same number with BE in front: BE 0668.844.296.
- Where is ETHIC' & TOIT based?
- The registered office is at Rue Saint-Roch 10, 6850 Paliseul.Company details
- What does ETHIC' & TOIT do?
- According to the KBO register, the main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110).
- What is the legal form of ETHIC' & TOIT?
- ETHIC' & TOIT is a cooperative company (CV).
- When was ETHIC' & TOIT founded?
- ETHIC' & TOIT was founded on 07-01-2017.
- Is ETHIC' & TOIT still active?
- Yes, ETHIC' & TOIT is an active enterprise in the KBO register.
- What is the turnover of ETHIC' & TOIT?
- The turnover in financial year 2025 is ≈ €410,000. This figure is estimated from the gross margin of €35,688 and 168 comparable companies (NACE 47110). It probably lies between €280,000 and €640,000.Financials
- Is ETHIC' & TOIT profitable?
- In financial year 2025, ETHIC' & TOIT made a profit of €3,893.
- Where can I find the annual accounts of ETHIC' & TOIT?
- ETHIC' & TOIT filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ETHIC' & TOIT due?
- ETHIC' & TOIT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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