TOBACCO TRADING & SERVICES

Active

Public limited companyfounded 199531 yrs activeIndustriepark-West 75, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0454.319.888

TOBACCO TRADING & SERVICES has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €479k and a net result of €7k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 17% of 9039 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2024

47 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability24▲+5

Solvency37▲+1

Growth52=

Track record100

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €22k at 30 days only on tighter terms

Liquidity ample (current ratio 1.63 against 1.55 in 2023; short-term debt: 61.3% and cash: 0.4% of total assets), but 87.7% of the assets are financed with debt.

How do we compute the score and the probability?

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

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 9039 sector peers (2024).

NBB · sector comparison

Position among 9039 sector peers

Solvency

better than 17%

← weakest strongest →

Filed more than 90 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-11-2025, 97 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

97 d late

2023

278 d late

2022

129 d late

2021

318 d late

2020

31 d late

2019

46 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€479k▲ 1.4%

2023 · €473k

2018: €344k 2019: €399k 2020: €472k 2021: €481k 2022: €478k 2023: €473k

2018 → 2024

Total assets

€3.90M▼ 8.1%

2023 · €4.25M

2018: €4.27M 2019: €3.90M 2020: €3.17M 2021: €3.07M 2022: €4.21M 2023: €4.25M

2018 → 2024

Net result

€7k

2023 · €-5k

2018: €92k 2019: €104k 2020: €74k 2021: €9k 2022: €-3k 2023: €-5k

2018 → 2024

Working capital

€1.51M▲ 0.4%

2023 · €1.50M

2018: €74k 2019: €59k 2020: €99k 2021: €127k 2022: €473k 2023: €1.50M

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€472k-€481k▲ 1.9%€478k▼ 0.7%€473k▼ 1.1%€479k▲ 1.4%

Operating result€79k-€143k▲ 81.9%€128k▼ 10.5%€-70k€54k

Net result€74k-€9k▼ 88.1%€-3k€-5k▼ 67.2%€7k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €54k after a loss of €70k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €3.90M

99.9%

Fixed assets €5k▲ 9.4%

Current assets €3.90M▼ 8.1%

Equity and liabilities €3.90M

12.3%

87.7%

Equity €479k▲ 1.4%

Debt €3.43M▼ 9.3%

The debt ratio falls from 88.9% to 87.7%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€57k▲

2023 · €-66k

Cash flow

€9k▲

2023 · €-2k

Solvency

12.3%▲

2023 · 11.1%

Current ratio

1.63▲

2023 · 1.55

Quick ratio

1.49▲

2023 · 1.43

Debt / equity

7.15▼

2023 · 7.99

ROE

1.4%▲

2023 · -1.2%

ROA

0.2%▲

2023 · -0.1%

Interest coverage

0.63▲

2023 · -0.44

Debt

€3.43M▼

2023 · €3.78M

Debt ≤ 1 year

€2.39M▼

2023 · €2.74M

Debt > 1 year

€1.03M=

2023 · €1.03M

Income taxes

€2k▲

2023 · €0

Staff costs

€101k▼

2023 · €133k

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€4.25M€3.90M▼

Fixed assets21/28€4k€5k▲

Tangible fixed assets22/27€4k€5k▲

Plant, machinery and equipment23€2k-

Furniture and vehicles24€3k€5k▲

Current assets29/58€4.24M€3.90M▼

Stocks and contracts in progress3€333k€333k=

Stocks30/36€333k€333k=

Amounts receivable within one year40/41€3.13M€3.55M▲

Trade receivables40€2.80M€3.24M▲

Other amounts receivable41€327k€313k▼

Current investments50/53-€0

Cash at bank and in hand54/58€782k€17k▼

Deferred charges and accrued income490/1-€99

Equity and liabilities

Total equity and liabilities10/49€4.25M€3.90M▼

Equity10/15€473k€479k▲

Contributions10/11€246k€246k=

Capital10€246k€246k=

Issued capital100€246k€246k=

Reserves13€236k€236k=

Non-distributable reserves130/1€25k€25k=

Legal reserve130€25k€25k=

Distributable reserves133€211k€211k=

Profit (loss) carried forward14€-9k€-2k▲

Amounts payable17/49€3.78M€3.43M▼

Amounts payable after more than one year17€1.03M€1.03M=

Financial debts170/4€1.03M€1.03M=

Amounts payable within one year42/48€2.74M€2.39M▼

Financial debts43€385k€385k=

Credit institutions430/8€385k€385k=

Trade debts44€2.28M€1.88M▼

Suppliers440/4€2.28M€1.88M▼

Taxes, remuneration and social security45€21k€33k▲

Taxes450/3€5k€17k▲

Remuneration and social security454/9€15k€16k▲

Other amounts payable47/48€57k€95k▲

Income statement Code20232024

Non-recurring operating income76A-€1k

Remuneration, social security and pensions62€133k€101k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼

Other operating charges640/8€3k€2k▼

Gross operating margin9900€69k€160k▲

Operating profit (loss)9901€-70k€54k▲

Financial income75/76B€214k€45k▼

Recurring financial income75€214k€45k▼

Financial charges65/66B€150k€90k▼

Recurring financial charges65€150k€90k▼

Profit (loss) for the period before taxes9903€-5k€9k▲

Income taxes67/77€0€2k▲

Profit (loss) for the period9904€-5k€7k▲

Profit (loss) for the period to be appropriated9905€-5k€7k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-9k€-2k▲

Profit (loss) brought forward from the previous period14P€-3k€-9k▼

Social balance

Average headcount (FTE)90871.40.6▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 3Filings 10

2025

05-11

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 97 days late

05-05

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 278 days late

2024

31-12

Financial Back to profitnet €7k

Net result €7k after 2 loss-making years.

2023

31-12

Financial Weakest financial yearnet €-5k

Net result drops to €-5k, the lowest in the series; recovery starts the following year.

07-12

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema · 129 days late

14-06

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 318 days late

2021

31-08

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema · 31 days late

2020

15-09

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 46 days late

2019

31-12

Financial Highest result since 2018net €104k ▲13.5%

Net result €104k, the highest in the series.

30-06

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2017

02-10

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2016

12-10

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

2015

23-10

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

10 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, Sint-Niklaas · 1 establishment unit since 1995

establishment approximate The establishment unit on the map

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.

Industriepark-West 759100 Sint-Niklaas

Ground area

581 m²

Parcel 46445D1776/00R000, Flanders. Linked by address, not a title deed.

1 establishment unit

TOBACCO TRADING & SERVICES

Industriepark-West 75, 9100 Sint-NiklaasWholesale trade