TOAST PRODUCTION
ActiveSummary
TOAST PRODUCTION has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €203k and a net result of €4k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 53% of 310 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70=
Solvency69▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 1.75 against 1.5 in 2024; short-term debt: 52.5% and cash: 10.5% of total assets), but 55.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
44.5%
Return on assets
0.8%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 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
27 d late
2024
29 d late
2023
100 d late
2022
71 d late
2021
31 d late
2020
18 d late
2019
61 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€4k▲ 14.8%
2024 · €3k
2018: €3k
2019: €4k
2020: €134k
2021: €108k
2022: €5k
2023: €17k
2024: €3k
2018 → 2025
Working capital
€180k▲ 15.6%
2024 · €156k
2018: €18k
2019: €4k
2020: €145k
2021: €120k
2022: €192k
2023: €152k
2024: €156k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€175k-€179k▲ 2.6%€196k▲ 9.5%€199k▲ 1.7%€203k▲ 1.9%
Operating result€156k-€9k▼ 94.5%€20k▲ 140%€13k▼ 38.4%€18k▲ 43.5%
Net result€108k-€5k▼ 95.2%€17k▲ 231%€3k▼ 80.1%€4k▲ 14.8%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 43% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €457k
Fixed assets
€37k ▼ 46.2%
Current assets
€420k ▼ 9.9%
Equity and liabilities €457k
Equity
€203k ▲ 1.9%
Debt
€254k ▼ 24.4%
Debt's share of the balance-sheet total falls from 62.7% to 55.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51k▲
2024 · €45k
Cash flow
€37k▲
2024 · €36k
Current ratio
1.75▲
2024 · 1.50
Debt to equity
1.25▼
2024 · 1.68
ROE
1.9%▲
2024 · 1.7%
ROA
0.8%▲
2024 · 0.6%
Interest coverage
13.16▲
2024 · 9.38
Debt ≤ 1 year
€240k▼
2024 · €310k
Debt > 1 year
€14k▼
2024 · €25k
Income taxes
€13k▲
2024 · €5k
Staff costs
€346k▲
2024 · €336k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€535k€457k▼
Fixed assets21/28€69k€37k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€69k€37k▼
Land and buildings22€0€0=
Plant, machinery and equipment23€20k€8k▼
Furniture and vehicles24€38k€19k▼
Other tangible fixed assets26€11k€10k▼
Assets under construction and advance payments27€0€0=
Financial fixed assets28€220€220=
Current assets29/58€466k€420k▼
Amounts receivable within one year40/41€427k€372k▼
Trade receivables40€350k€237k▼
Other amounts receivable41€77k€135k▲
Current investments50/53€0-
Cash at bank and in hand54/58€39k€48k▲
Deferred charges and accrued income490/1-€60
Equity and liabilities
Total equity and liabilities10/49€535k€457k▼
Equity10/15€199k€203k▲
Contributions10/11€20k€20k=
Reserves13€111k€111k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€109k€109k=
Profit (loss) carried forward14€68k€72k▲
Amounts payable17/49€335k€254k▼
Amounts payable after more than one year17€25k€14k▼
Financial debts170/4€25k€14k▼
Amounts payable within one year42/48€310k€240k▼
Current portion of amounts payable after more than one year42€16k€15k▼
Trade debts44€198k€143k▼
Suppliers440/4€198k€143k▼
Taxes, remuneration and social security45€33k€51k▲
Taxes450/3€29k€48k▲
Remuneration and social security454/9€4k€3k▼
Other amounts payable47/48€63k€31k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€336k€346k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€33k▲
Other operating charges640/8€10k€1k▼
Non-recurring operating charges66A€28k-
Gross operating margin9900€419k€398k▼
Operating profit (loss)9901€13k€18k▲
Financial income75/76B€902€3k▲
Recurring financial income75€902€3k▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€9k€17k▲
Income taxes67/77€5k€13k▲
Profit (loss) for the period9904€3k€4k▲
Profit (loss) for the period to be appropriated9905€3k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€68k€72k▲
Profit (loss) brought forward from the previous period14P€65k€68k▲
The notes to these accounts (17 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Equity above €200kEq €203k ▲1.9%
8 profitable years in a row build equity to €203k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
08-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 100 days late
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 18 days late
2020
31-12
Financial
Highest result since 2018net €134k ▲3191%
Operating result €191k, net result €134k, both a record.
31-12
Financial
Equity above €150kEq €153k ▲712%
3 profitable years in a row build equity to €153k.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 58 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 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, Elsene · 1 establishment unit since 2007
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.
Scepterstraat 251050 ElseneGround area
186 m²
Building footprint
150 m²
Volume, LiDAR
2,418 m³
Parcel 21443A0069/03V006, Brussels · tallest building 21.1 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
HELP YOURSELF !
since 20072.165.217.568
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21443A0069/03V006 | Brussels | 186 m² | 1 · 150 m² | 21.1 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Wallonia-Brussels Federation
2022 to 2025 · 15 entries · 199,636 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 2 | 32,500 EUR |
| 2024 | 5 | 57,996 EUR |
| 2023 | 6 | 78,618 EUR |
| 2022 | 2 | 30,521 EUR |
Budget allocations
Commission du Cinéma - Aide aux projets
Aides à la création - hors Commission du Cinéma
Aide à la création - relance de la production indépendante avec la RTBF
Promotion et diffusion des films de la C.F., soit en Belgique, soit dans les festivals majeurs à l'étranger, via les producteurs et les distributeurs
Stratégie promotion cinéma belge
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Of 318 companies in sector 18200 we hold annual accounts for 114. 80 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-08-2007
Fiscal year end31-12
Activities, NACEBEL 2025
18200Printing and reproduction of recorded media
59113Video and film production, excluding cinema and television films
46190Agents in non-specialised wholesale trade
62200Computer consultancy and computer facilities management
68201Renting and operating of own or leased residential real estate, excluding social housing
79901Tourist information services
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.