TO & CO
ActiveTO & CO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €260k and a net result of €62k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 76% of 27787 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▼-5
Solvency96▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 4.86 against 3.97 in 2024; short-term debt: 15.5% and cash: 61.9% of total assets), and 28.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
71.5%
Return on assets
17.1%
Age of the figures
9 mo
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 · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €260k
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 24-04-2026, 98 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
98 d early
2024
69 d early
2023
31 d early
2022
32 d early
2021
31 d early
2020
11 d late
2019
27 d late
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€260k▲ 31.5%
2024 · €198k
2018: €-23k
2019: €-13k
2020: €17k
2021: €5k
2022: €47k
2023: €136k
2024: €198k
2018 → 2025
Total assets
€364k▲ 12.7%
2024 · €323k
2018: €37k
2019: €25k
2020: €47k
2021: €54k
2022: €74k
2023: €265k
2024: €323k
2018 → 2025
Net result
€62k▼ 9.6%
2024 · €69k
2018: €-4k
2019: €10k
2020: €30k
2021: €-12k
2022: €42k
2023: €89k
2024: €69k
2018 → 2025
Working capital
€218k▲ 43.7%
2024 · €152k
2018: €-23k
2019: €-13k
2020: €17k
2021: €5k
2022: €44k
2023: €96k
2024: €152k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5k-€47k▲ 792%€136k▲ 189%€198k▲ 46.0%€260k▲ 31.5%
Operating result€-11k-€49k€125k▲ 154%€101k▼ 19.3%€92k▼ 9.3%
Net result€-12k-€42k€89k▲ 113%€69k▼ 22.3%€62k▼ 9.6%
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 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €364k
Fixed assets
€89k▼ 25.7%
Current assets
€275k▲ 35.4%
Equity and liabilities €364k
Equity
€260k▲ 31.5%
Debt
€104k▼ 17.1%
The debt ratio falls from 38.7% to 28.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€122k▼
2024 · €130k
Cash flow
€93k▼
2024 · €97k
Solvency
71.5%▲
2024 · 61.3%
Current ratio
4.86▲
2024 · 3.97
Quick ratio
4.86▲
2024 · 3.97
Debt / equity
0.40▼
2024 · 0.63
ROE
23.9%▼
2024 · 34.8%
ROA
17.1%▼
2024 · 21.3%
Interest coverage
23.56▼
2024 · 23.75
Debt
€104k▼
2024 · €125k
Debt ≤ 1 year
€57k▲
2024 · €51k
Debt > 1 year
€47k▼
2024 · €74k
Income taxes
€25k▼
2024 · €27k
Staff costs
€52k▼
2024 · €52k
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€323k€364k▲
Fixed assets21/28€120k€89k▼
Tangible fixed assets22/27€120k€89k▼
Furniture and vehicles24€473-
Leasing and similar rights25€120k€89k▼
Current assets29/58€203k€275k▲
Amounts receivable within one year40/41€68k€39k▼
Trade receivables40€56k€25k▼
Other amounts receivable41€12k€14k▲
Cash at bank and in hand54/58€120k€225k▲
Deferred charges and accrued income490/1€15k€11k▼
Equity and liabilities
Total equity and liabilities10/49€323k€364k▲
Equity10/15€198k€260k▲
Reserves13€198k€260k▲
Distributable reserves133€198k€260k▲
Amounts payable17/49€125k€104k▼
Amounts payable after more than one year17€74k€47k▼
Financial debts170/4€74k€47k▼
Amounts payable within one year42/48€51k€57k▲
Current portion of amounts payable after more than one year42€26k€27k▲
Trade debts44€15k€20k▲
Suppliers440/4€15k€20k▲
Taxes, remuneration and social security45€10k€10k▼
Remuneration and social security454/9€10k€10k▼
Accrued charges and deferred income492/3-€125
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€52k€52k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€30k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€185k€178k▼
Operating profit (loss)9901€101k€92k▼
Financial income75/76B€123€168▲
Recurring financial income75€123€168▲
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€96k€87k▼
Income taxes67/77€27k€25k▼
Profit (loss) for the period9904€69k€62k▼
Profit (loss) for the period to be appropriated9905€69k€62k▼
Appropriation of the result
Profit (loss) to be appropriated9906€69k€62k▼
Transfer to equity691/2€69k€62k▼
To other reserves6921€69k€62k▼
The notes to these accounts (6 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
24-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €200kEq €260k ▲31.5%
4 profitable years in a row build equity to €260k.
23-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €198k ▲46%
3 profitable years in a row build equity to €198k.
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €89k ▲113%
Operating result €125k, net result €89k, both a record.
31-12
Financial
Equity above €100kEq €136k ▲189%
2 profitable years in a row build equity to €136k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €42k
Net result €42k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.66
Current ratio from 1.11 to 2.66; short-term debt falls from €49k to €27k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-12k ▼139%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 1.56
Current ratio from 0.66 to 1.56; short-term debt falls from €38k to €30k.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lummen · 1 establishment unit since 2008
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.
St.-Ferdinandstraat 143560 LummenGround area
833 m²
Building footprint
188 m²
Volume, LiDAR
50 m³
2 parcels, Flanders · tallest building 2.4 m. Linked by address, not a title deed.
1 establishment unit
TO & CO BVBA
since 20082.172.641.533
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71037C1176/00T000 | Flanders | 477 m² | 1 · 111 m² | 2.4 m |
| 71037C2920/00D000 | Flanders | 356 m² | 1 · 77 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,013 companies in sector 43310 we hold annual accounts for 1,746. 1,278 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-05-2008
Fiscal year end31-12
Activities, NACEBEL
43310Plastering work
43320Joinery installation
42110Construction of roads and motorways
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.