TO-RENT
ActiveTO-RENT has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €904k and a net result of €24k. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 68% of 992 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▼-2
Solvency82▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 0.96 in 2023; short-term debt: 14.7% and cash: 0.4% of total assets), and 42.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
57.3%
Return on assets
1.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
35 d early
2022
30 d late
2021
30 d late
2020
91 d late
2019
60 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€904k▲ 2.7%
2023 · €880k
2018: €483k
2019: €563k
2020: €662k
2021: €761k
2022: €825k
2023: €880k
2018 → 2024
Total assets
€1.58M▲ 6.6%
2023 · €1.48M
2018: €1.53M
2019: €1.67M
2020: €1.72M
2021: €1.57M
2022: €1.55M
2023: €1.48M
2018 → 2024
Net result
€24k▼ 56.3%
2023 · €55k
2018: €106k
2019: €80k
2020: €99k
2021: €99k
2022: €65k
2023: €55k
2018 → 2024
Working capital
€89k
2023 · €-7k
2018: €-2k
2019: €-100k
2020: €-76k
2021: €-15k
2022: €-43k
2023: €-7k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€662k-€761k▲ 14.9%€825k▲ 8.5%€880k▲ 6.7%€904k▲ 2.7%
Operating result€160k-€156k▼ 2.9%€105k▼ 32.2%€89k▼ 15.5%€47k▼ 46.8%
Net result€99k-€99k▼ 0.3%€65k▼ 34.5%€55k▼ 15.0%€24k▼ 56.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2024 is 47% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.58M
Fixed assets
€1.26M▼ 3.1%
Current assets
€321k▲ 76.1%
Equity and liabilities €1.58M
Equity
€904k▲ 2.7%
Debt
€673k▲ 12.3%
The debt ratio rises from 40.5% to 42.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€309k▼
2023 · €369k
Cash flow
€286k▼
2023 · €335k
Solvency
57.3%▼
2023 · 59.5%
Current ratio
1.38▲
2023 · 0.96
Quick ratio
1.34▲
2023 · 0.91
Debt / equity
0.74▲
2023 · 0.68
ROE
2.7%▼
2023 · 6.3%
ROA
1.5%▼
2023 · 3.7%
Interest coverage
29.26▼
2023 · 45.70
Debt
€673k▲
2023 · €599k
Debt ≤ 1 year
€232k▲
2023 · €189k
Debt > 1 year
€441k▲
2023 · €410k
Income taxes
€13k▼
2023 · €26k
Staff costs
€9k▲
2023 · €6k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.48M€1.58M▲
Fixed assets21/28€1.30M€1.26M▼
Tangible fixed assets22/27€1.29M€1.25M▼
Land and buildings22€974k€938k▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€312k€261k▼
Leasing and similar rights25-€46k
Financial fixed assets28€9k€9k=
Current assets29/58€182k€321k▲
Stocks and contracts in progress3€11k€11k▼
Stocks30/36€11k€11k▼
Amounts receivable within one year40/41€135k€297k▲
Trade receivables40€121k€255k▲
Other amounts receivable41€14k€42k▲
Cash at bank and in hand54/58€20k€7k▼
Deferred charges and accrued income490/1€15k€6k▼
Equity and liabilities
Total equity and liabilities10/49€1.48M€1.58M▲
Equity10/15€880k€904k▲
Contributions10/11€19k€19k=
Reserves13€851k€875k▲
Distributable reserves133€851k€875k▲
Profit (loss) carried forward14€11k€11k▲
Amounts payable17/49€599k€673k▲
Amounts payable after more than one year17€410k€441k▲
Financial debts170/4€250k€283k▲
Other amounts payable178/9€160k€158k▼
Amounts payable within one year42/48€189k€232k▲
Current portion of amounts payable after more than one year42€65k€102k▲
Financial debts43€9k€9k=
Credit institutions430/8€9k€9k=
Trade debts44€66k€66k▼
Suppliers440/4€66k€66k▼
Taxes, remuneration and social security45€30k€45k▲
Taxes450/3€29k€43k▲
Remuneration and social security454/9€612€2k▲
Other amounts payable47/48€19k€11k▼
Accrued charges and deferred income492/3€575€437▼
Income statement
Code20232024
Non-recurring operating income76A€14k-
Remuneration, social security and pensions62€6k€9k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€280k€262k▼
Other operating charges640/8€22k€25k▲
Non-recurring operating charges66A-€589
Gross operating margin9900€398k€343k▼
Operating profit (loss)9901€89k€47k▼
Financial charges65/66B€8k€11k▲
Recurring financial charges65€8k€11k▲
Profit (loss) for the period before taxes9903€81k€37k▼
Income taxes67/77€26k€13k▼
Profit (loss) for the period9904€55k€24k▼
Profit (loss) for the period to be appropriated9905€55k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€66k€35k▼
Profit (loss) brought forward from the previous period14P€11k€11k▲
Transfer to equity691/2€55k€24k▼
To other reserves6921€55k€24k▼
Social balance
Average headcount (FTE)90870.40.3▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €24k ▼56.3%
Net result drops to €24k, the lowest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 91 days late
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 60 days late
2019
31-12
Financial
Equity above €500kEq €563k ▲16.6%
2 profitable years in a row build equity to €563k.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 58 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
27-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Brugge · 2 establishment units since 2006
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.
Vogelzang 188310 BruggeGround area
5,800 m²
Building footprint
402 m²
Volume, LiDAR
2,199 m³
2 parcels, Flanders · tallest building 15.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
TO-RENT
since 20062.154.435.920
TO-RENT
since 20142.240.129.876
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35005D0782/00A002 | Flanders | 3,340 m² | 1 · 159 m² | 3.8 m · 1 fl. |
| 31029B0394/00F002 | Flanders | 2,460 m² | 1 · 243 m² | 15.6 m · 2 fl. |
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.
Similar companies · same sector, comparable size
BSR OG
BE 0674.520.380
Zutendaal · Eq €920k
Truck & Bus Location
BE 0445.195.950
Malmedy · Eq €920k
U-rent
BE 0741.670.116
Sint-Niklaas · Eq €880k
PETIT FORESTIER BELGIQUE
BE 0459.674.684
Herstal · Eq €939k
TORFS RENTING
BE 0444.645.624
Ranst · Eq €853k
Of 361 companies in sector 77120 we hold annual accounts for 233. 152 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-10-2005
Fiscal year end31-12
Activities, NACEBEL
77120Rental and leasing activities
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.