THE TOOTH SHED
THE TOOTH SHED has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €344k and a net result of €-19k. Equity is growing by ~18.9% per year across the filed fiscal years. Its solvency ranks better than 42% of 839 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
| Equity | €344k |
| Net result | €-19k |
| Staff (FTE) | 2.7 |
| Better than sector | 42% |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 32.3% | 40.9% | |
| Net result | €-19k | €6k | |
| Equity | €344k | €57k | |
| Gross operating margin | €300k | €36k | |
| Staff costs | €200k | €52k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €99k | €133k | €168k | €177k | €80k |
| Net profit | €-19k | €27k | €109k | €117k | €54k |
| Cash flow | €78k | €106k | €143k | €136k | €65k |
| Staff costs | €200k | €180k | €178k | €62k | - |
| Income taxes | €164 | €8k | €21k | €39k | €18k |
| Dividends | - | - | - | - | - |
| Total assets | €1.06M | €1.02M | €828k | €345k | €172k |
| Equity | €344k | €362k | €335k | €226k | €109k |
| Debt | €721k | €654k | €492k | €119k | €64k |
| of which ≤ 1y | €164k | €105k | €169k | €57k | €44k |
| of which > 1y | €555k | €549k | €323k | €62k | €19k |
| Working capital | €43k | €64k | €110k | €150k | €108k |
| Employees (FTE) | 2.7 | 2.4 | 2.5 | 1.3 | 1.0 |
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Current ratio | 1.26 | 1.61 | 1.65 | 3.62 | 3.44 |
| Quick ratio | 1.22 | 1.52 | 1.61 | 3.45 | 3.21 |
| Working capital ratio | 4.1% | 6.3% | 13.3% | 43.3% | 62.6% |
| Solvency | 32.3% | 35.6% | 40.5% | 65.4% | 63.1% |
| Debt / equity | 2.10 | 1.81 | 1.47 | 0.53 | 0.18 |
| Long-term debt ratio | 1.62 | 1.52 | 0.96 | 0.28 | 0.18 |
| Interest coverage | 4.79 | 7.32 | 37.38 | 95.65 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -1.7% | 2.6% | 13.2% | 33.9% | 31.2% |
| ROE | -5.4% | 7.4% | 32.6% | 51.8% | 49.5% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.06M | €1.02M | €828k | €345k | €172k |
| Fixed assets | 21/28 | €857k | €847k | €548k | €139k | €20k |
| Intangible fixed assets | 21 | €55k | €43k | €25k | €23k | - |
| Tangible fixed assets | 22/27 | €801k | €803k | €523k | €115k | €20k |
| Current assets | 29/58 | €208k | €169k | €280k | €207k | €152k |
| Stocks & contracts in progress | 3 | €8k | €9k | €6k | €9k | €10k |
| Amounts receivable within one year | 40/41 | €129k | €120k | €132k | €99k | €72k |
| Cash & bank | 54/58 | €69k | €28k | €131k | €98k | €69k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.06M | €1.02M | €828k | €345k | €172k |
| Equity | 10/15 | €344k | €362k | €335k | €226k | €109k |
| Contributions / capital | 10/11 | €22k | €20k | €20k | €20k | €20k |
| Reserves | 13 | €321k | €337k | €315k | €206k | €88k |
| Accumulated profits (losses) | 14 | €623 | €6k | €883 | €418 | €808 |
| Amounts payable | 17/49 | €721k | €654k | €492k | €119k | €64k |
| Amounts payable after one year | 17 | €555k | €549k | €323k | €62k | €19k |
| Amounts payable within one year | 42/48 | €164k | €105k | €169k | €57k | €44k |
| Trade debts payable within one year | 44 | €81k | €16k | €106k | €22k | €15k |
| Income statement | ||||||
| Gross operating margin | 9900 | €300k | €313k | €347k | €240k | €117k |
| Operating result | 9901 | €2k | €53k | €135k | €158k | €68k |
| Financial income | 75 | €1 | €12 | €9 | €3 | €35 |
| Financial charges | 65 | €21k | €18k | €4k | €2k | €1k |
| Result before taxes | 9903 | €-18k | €35k | €130k | €156k | €72k |
| Income taxes | 67/77 | €164 | €8k | €21k | €39k | €18k |
| Net result for the period | 9904 | €-19k | €27k | €109k | €117k | €54k |
| Result to be appropriated | 9905 | €-19k | €27k | €109k | €117k | €54k |
| NACE primary | Manufacture of medical and dental instruments and supplies(32500) |
| Legal form | Private limited company(610) |
| Incorporation | 22-12-2006 |
| Status | Active |
| Postal code | 7540 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57042C0351/00Z000indicative | Wallonia | 856 m² | 1 · 141 m² | - |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
06-02-2024 Registered office moved from Tournai to Kain
- 7500 Tournai, rue Montifaut → 7540 Kain (Tournai), rue Sainte-Aldegonde, n°26, boîte A
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "7540 Kain (Tournai), rue Sainte-Aldegonde, n\u00B026, bo\u00EEte A",
"city": "Kain",
"region": "waals_gewest",
"street": null,
"country": "BE",
"postcode": "7540",
"box_number": null,
"street_number": null,
"locality_suffix": null
},
"old_address": {
"raw": "7500 Tournai, rue Montifaut",
"city": "Tournai",
"region": "waals_gewest",
"street": null,
"country": "BE",
"postcode": "7500",
"box_number": null,
"street_number": null,
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "not_specified",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "TANGUY LOIX",
"firm_city": null,
"firm_name": null,
"office_city": "Frasnes-lez-Anvaing",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2024-02-06",
"filing_date": "2024-02-02",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assembl\u00E9e g\u00E9n\u00E9rale extraordinaire",
"date": "2024-01-25",
"unanimous": true
},
"subject_company": {
"kbo": "0886.110.242",
"name_full": "SEULIN NICOLAS",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "TANGUY LOIX",
"org_rep_person_name": null,
"person_role_at_subject": "notaire"
},
"co_filed_documents": [
"exp\u00E9dition de l\u0027acte modificatif",
"texte coordonn\u00E9 des statuts"
]
}| Legal nameFR | THE TOOTH SHED |