PARTOOL
ActiveSummary
PARTOOL has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.91M and a net result of €91k. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 59% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
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Financials · fiscal year 2025, abbreviated schema
Filed annual accounts As filed with the NBB · 2025 against 2024 · 78 lines
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €10.64M | €11.19M | €11.62M | - | - |
| Turnover70 | - | €10.57M | €11.10M | €11.56M | - | - |
| Own construction capitalised72 | - | - | - | €5k | - | - |
| Other operating income74 | - | €72k | €67k | €55k | - | - |
| Non-recurring operating income76A | - | - | €23k | €0 | - | - |
| Operating charges60/66A | - | €10.77M | €11.07M | €11.50M | - | - |
| Goods for resale, raw materials and consumables60 | - | €8.05M | €8.21M | €8.69M | - | - |
| Purchases600/8 | - | €8.10M | €8.82M | €8.84M | - | - |
| Change in stocks: decrease (increase)609 | - | €-44k | €-617k | €-147k | - | - |
| Services and other goods61 | - | €1.45M | €1.60M | €1.55M | - | - |
| Remuneration, social security and pensions62 | €1.22M | €1.10M | €1.08M | €1.14M | €1.09M | ▼ 4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €136k | €119k | €105k | €96k | €121k | ▲ 25.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €33k | €35k | €0 | - | - |
| Other operating charges640/8 | €18k | €12k | €26k | €20k | €15k | ▼ 25.0% |
| Non-recurring operating charges66A | - | - | €13k | €0 | €355 | - |
| Gross operating margin9900 | €1.38M | - | - | - | €1.35M | - |
| Operating profit (loss)9901 | €12k | €-130k | €122k | €126k | €128k | ▲ 1.9% |
| Financial income75/76B | €58k | €58k | €115k | €99k | €93k | ▼ 6.2% |
| Recurring financial income75 | €58k | €58k | €115k | €99k | €93k | ▼ 6.2% |
| Other financial income752/9 | - | €58k | €115k | €99k | - | - |
| Financial charges65/66B | €33k | €45k | €85k | €93k | €78k | ▼ 15.6% |
| Recurring financial charges65 | €33k | €45k | €85k | €93k | €78k | ▼ 15.6% |
| Debt charges650 | - | €22k | €56k | €65k | - | - |
| Other financial charges652/9 | - | €23k | €29k | €27k | - | - |
| Profit (loss) for the period before taxes9903 | €37k | €-116k | €151k | €132k | €142k | ▲ 8.1% |
| Income taxes67/77 | €27k | €866 | €68k | €51k | €52k | ▲ 2.4% |
| Taxes670/3 | - | €866 | €68k | €51k | - | - |
| Profit (loss) for the period9904 | €10k | €-117k | €83k | €81k | €91k | ▲ 11.7% |
| Profit (loss) for the period to be appropriated9905 | €10k | €-117k | €83k | €81k | €91k | ▲ 11.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.01M | €7.18M | €7.85M | €7.71M | €7.42M | ▼ 3.8% |
| Fixed assets21/28 | €404k | €306k | €253k | €242k | €138k | ▼ 42.8% |
| Intangible fixed assets21 | - | €8k | €5k | €3k | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €404k | €297k | €247k | €239k | €138k | ▼ 42.2% |
| Plant, machinery and equipment23 | €244 | - | €2k | €85k | €56k | ▼ 33.6% |
| Furniture and vehicles24 | €40k | €17k | €37k | €26k | €23k | ▼ 10.9% |
| Other tangible fixed assets26 | €364k | €281k | €208k | €128k | €59k | ▼ 54.2% |
| Financial fixed assets28 | €149 | €149 | €149 | €149 | €149 | = |
| Other financial fixed assets284/8 | - | €149 | €149 | €149 | - | - |
| Amounts receivable and cash guarantees285/8 | - | €149 | €149 | €149 | - | - |
| Current assets29/58 | €6.60M | €6.87M | €7.60M | €7.47M | €7.28M | ▼ 2.6% |
| Stocks and contracts in progress3 | €4.41M | €4.45M | €5.23M | €5.38M | €5.59M | ▲ 4.0% |
| Stocks30/36 | €4.41M | €4.45M | €5.23M | €5.38M | €5.59M | ▲ 4.0% |
| Goods purchased for resale34 | - | €4.45M | €5.23M | €5.38M | - | - |
| Amounts receivable within one year40/41 | €2.06M | €2.34M | €2.23M | €2.01M | €1.61M | ▼ 19.7% |
| Trade receivables40 | €2.03M | €2.28M | €2.20M | €2.00M | €1.60M | ▼ 19.6% |
| Other amounts receivable41 | €29k | €56k | €29k | €11k | €8k | ▼ 21.2% |
| Cash at bank and in hand54/58 | €129k | €63k | €139k | €88k | €78k | ▼ 11.2% |
| Deferred charges and accrued income490/1 | €5k | €17k | €2k | €2k | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.01M | €7.18M | €7.85M | €7.71M | €7.42M | ▼ 3.8% |
| Equity10/15 | €3.64M | €3.52M | €3.74M | €3.82M | €3.91M | ▲ 2.4% |
| Contributions10/11 | €278k | €278k | €278k | €278k | €278k | = |
| Capital10 | €278k | €278k | €278k | €278k | €278k | = |
| Issued capital100 | €278k | €278k | €278k | €278k | €278k | = |
| Reserves13 | €3.36M | €3.24M | €3.46M | €3.54M | €3.63M | ▲ 2.6% |
| Non-distributable reserves130/1 | €28k | €28k | €28k | €28k | €28k | = |
| Legal reserve130 | €28k | €28k | €28k | €28k | €28k | = |
| Tax-exempt reserves132 | €60k | €60k | €60k | €60k | €60k | = |
| Distributable reserves133 | €3.27M | €3.16M | €3.37M | €3.45M | €3.54M | ▲ 2.6% |
| Amounts payable17/49 | €3.37M | €3.66M | €4.12M | €3.90M | €3.51M | ▼ 9.9% |
| Amounts payable after more than one year17 | €100k | €100k | €154k | €120k | €88k | ▼ 26.7% |
| Financial debts170/4 | - | - | €66k | €32k | €0 | ▼ 100% |
| Credit institutions173 | - | - | €66k | €32k | - | - |
| Other amounts payable178/9 | €100k | €100k | €88k | €88k | €88k | = |
| Amounts payable within one year42/48 | €3.24M | €3.56M | €3.96M | €3.78M | €3.41M | ▼ 9.6% |
| Current portion of amounts payable after more than one year42 | €66k | - | €32k | €33k | €32k | ▼ 4.0% |
| Financial debts43 | €429k | €1.17M | €1.15M | €839k | €1.12M | ▲ 33.4% |
| Credit institutions430/8 | €429k | €1.17M | €1.15M | €839k | €1.12M | ▲ 33.4% |
| Trade debts44 | €1.48M | €940k | €1.19M | €1.22M | €708k | ▼ 42.1% |
| Suppliers440/4 | €1.48M | €940k | €1.19M | €1.22M | €708k | ▼ 42.1% |
| Taxes, remuneration and social security45 | €218k | €259k | €264k | €249k | €194k | ▼ 21.9% |
| Taxes450/3 | €84k | €154k | €133k | €110k | €73k | ▼ 34.0% |
| Remuneration and social security454/9 | €134k | €105k | €131k | €139k | €122k | ▼ 12.3% |
| Other amounts payable47/48 | €1.04M | €1.18M | €1.32M | €1.43M | €1.36M | ▼ 5.2% |
| Accrued charges and deferred income492/3 | €33k | €2k | €2k | €1k | €12k | ▲ 937% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €-117k | €83k | €81k | €91k | ▲ 11.7% |
| + Depreciation and write-downs630 | €136k | €119k | €105k | €96k | €121k | ▲ 25.8% |
| Operating cash flow (approximation) | €146k | €1k | €188k | €177k | €212k | ▲ 19.3% |
| Investment in fixed assets (approximation) | - | €-20k | €-52k | €-85k | €-18k | ▲ 79.4% |
| Change in cash | - | €-65k | €75k | €-51k | €-10k | ▲ 80.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
01-09
State Gazette act
Resignations: Paul Verhelst (director) and Yvan Verhelst (director)Reappointments: Filip Verhelst (director) and Berfin (director) · Permanent representative: Bernard Verhelst · Director discharge8 facts ▸
- General meeting, 25-06-2026
- Director resignation, Paul Verhelst (director)
- Director resignation, Yvan Verhelst (director)
- Director discharge, Paul Verhelst
- Director discharge, Yvan Verhelst
- Director reappointment, Filip Verhelst (director)
- Director reappointment, Berfin (director)
- Permanent representative, Bernard Verhelst
Show earlier events
About the unread acts
Of the 10 Belgian State Gazette acts we know for this company, 1 has been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Not every act has been read: a resignation may be missing here
3 establishment units
3 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35020A0154/00E000 | Flanders | 1.2 ha | 1 · 3,742 m² | 7.8 m · 2 fl. |
| 23582E0358/00M000 | Flanders | 1.0 ha | 1 · 4,706 m² | 7.8 m · 2 fl. |
| 44302E1468/00P002 | Flanders | 108 m² | - | - |
Linked by address, not proof of ownership
Structure & network
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 8,394 EUR awarded · 8,292 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 204 EUR | 438 EUR |
| 2024 | 1 | 1,246 EUR | 910 EUR |
| 2023 | 2 | 1,427 EUR | 1,619 EUR |
| 2022 | 2 | 5,517 EUR | 5,325 EUR |
Similar companies · same sector, comparable size
Identification & contact
Scores and ratios are computed by Checked and are not a credit decision.