TOBE
ActiveSummary
TOBE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.7m and a net result of €568,370. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 66% of 4235 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability37▲+19
Solvency76▲+8
Growth57▲+22
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85,000 at 30 days acceptable
Liquidity ample (current ratio 2.22 against 2.87 in 2024; short-term debt: 2.3% and cash: 1.8% of total assets), and 49.1% of the assets are financed with debt.
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Signals
Four 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
50.9%
Return on assets
7.9%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
20 d late
2023
5 d early
2022
31 d early
2021
10 d early
2020
30 d early
2019
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 9 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
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. Usually files around 27 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#4 company by total assets in Maasmechelen, Wholesale and retail trade sector#5 company by equity in Maasmechelen, Wholesale and retail trade sector
Turnover
€881,181▲ 28.9%
2024 · €683,559
EBIT margin
0.5%▲ 9.4pp
2024 · -8.9%
Net result
€568,370
2024 · -€24,899
Working capital
€204,869▲ 1.1%
2024 · €202,697
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€1.1m€937,119▼ 14.9%€1.1m▲ 21.9%€683,559▼ 40.2%€881,181▲ 28.9%
Operating result€180,651▲ 67.7%€26,143▼ 85.5%€202,017▲ 673%-€61,070€4,027
Net result€134,784above the sector's middle half▲ 22.2%€143,705above the sector's middle half▲ 6.6%€214,949above the sector's middle half▲ 49.6%-€24,899below the sector's middle half€568,370above the sector's middle half
EBIT margin16.4%2.8%▼ 13.6pp17.7%▲ 14.9pp-8.9%▼ 26.6pp0.5%▲ 9.4pp
Equity€2.8mabove the sector's middle half▲ 5.1%€2.9mabove the sector's middle half▲ 5.2%€3.1mabove the sector's middle half▲ 7.4%€3.1mabove the sector's middle half▼ 0.8%€3.7mabove the sector's middle half▲ 18.4%
Total assets€7.0mabove the sector's middle half▲ 5.9%€7.3mabove the sector's middle half▲ 5.0%€7.6mabove the sector's middle half▲ 2.9%€7.2mabove the sector's middle half▼ 4.8%€7.2mabove the sector's middle half▲ 0.1%
Debt€4.2m▲ 6.5%€4.4m▲ 5.0%€4.4m▼ 0.1%€4.1m▼ 7.6%€3.5m▼ 13.7%
Working capital€282,118within the sector's middle half▲ 107%€632,360above the sector's middle half▲ 124%€501,649within the sector's middle half▼ 20.7%€202,697within the sector's middle half▼ 59.6%€204,869within the sector's middle half▲ 1.1%
Solvency39.5%within the sector's middle half▼ 0.3pp39.6%within the sector's middle half▲ 0.1pp41.3%within the sector's middle half▲ 1.7pp43.1%within the sector's middle half▲ 1.7pp50.9%within the sector's middle half▲ 7.9pp
Current ratio1.94within the sector's middle half▲ 0.213.05above the sector's middle half▲ 1.115.55above the sector's middle half▲ 2.502.87above the sector's middle half▼ 2.682.22within the sector's middle half▼ 0.65
Return on assets (ROA)1.9%within the sector's middle half▲ 0.3pp2.0%within the sector's middle half=2.8%within the sector's middle half▲ 0.9pp-0.3%within the sector's middle half▼ 3.2pp7.9%within the sector's middle half▲ 8.2pp
Staff (FTE)9.5within the sector's middle half=9.5within the sector's middle half=9.5within the sector's middle half=7.3within the sector's middle half▼ 23.2%9.4within the sector's middle half▲ 28.8%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €4,027 after a loss of €61,070 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.2m
Fixed assets
€6.8m ▼ 0.8%
Current assets
€372,908 ▲ 19.9%
Equity and liabilities €7.2m
Equity
€3.7m ▲ 18.4%
Provisions
€12,291 ▼ 17.0%
Debt
€3.5m ▼ 13.7%
Debt's share of the balance-sheet total falls from 56.7% to 48.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€63,581▲
2024 · -€2,685
Cash flow
€627,925▲
2024 · €33,487
Debt to equity
0.96▼
2024 · 1.32
ROE
15.5%▲
2024 · -0.8%
Interest coverage
0.34▲
2024 · -0.16
Debt ≤ 1 year
€168,039▲
2024 · €108,327
Debt > 1 year
€3.2m▼
2024 · €4.0m
Income taxes
€632▼
2024 · €705
Staff costs
€373,573▲
2024 · €355,948
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €1.1m | €974,819 | €1.2m | €727,769 | €919,542 | ▲ 26.4% |
| Turnover70 | €1.1m | €937,119 | €1.1m | €683,559 | €881,181 | ▲ 28.9% |
| Other operating income74 | €34,556 | €37,700 | €45,626 | €42,415 | €38,361 | ▼ 9.6% |
| Non-recurring operating income76A | - | - | - | €1,796 | - | - |
| Operating charges60/66A | €955,370 | €948,676 | €986,157 | €788,839 | €915,515 | ▲ 16.1% |
| Goods for resale, raw materials and consumables60 | €331,978 | €298,426 | €270,767 | €157,539 | €260,677 | ▲ 65.5% |
| Purchases600/8 | €331,978 | €298,426 | €270,767 | €157,539 | €260,677 | ▲ 65.5% |
| Services and other goods61 | €122,595 | €120,205 | €147,994 | €205,404 | €209,878 | ▲ 2.2% |
| Remuneration, social security and pensions62 | €443,110 | €462,674 | €493,507 | €355,948 | €373,573 | ▲ 5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €48,720 | €57,951 | €61,920 | €58,385 | €59,554 | ▲ 2.0% |
| Other operating charges640/8 | €8,967 | €9,419 | €11,969 | €11,562 | €11,833 | ▲ 2.3% |
| Operating profit (loss)9901 | €180,651 | €26,143 | €202,017 | -€61,070 | €4,027 | ▲ 107% |
| Financial income75/76B | €1,137 | €125,866 | €75,975 | €50,669 | €750,465 | ▲ 1,381% |
| Recurring financial income75 | €1,137 | €125,866 | €75,975 | €50,669 | €750,465 | ▲ 1,381% |
| Income from financial fixed assets750 | - | €125,000 | €75,000 | €50,000 | €750,000 | ▲ 1,400% |
| Other financial income752/9 | €1,137 | €866 | €975 | €669 | €465 | ▼ 30.5% |
| Financial charges65/66B | €363 | €199 | €11,233 | €16,311 | €188,008 | ▲ 1,053% |
| Recurring financial charges65 | €363 | €199 | €11,233 | €16,311 | €188,008 | ▲ 1,053% |
| Debt charges650 | €363 | €199 | €11,233 | €16,311 | €188,008 | ▲ 1,053% |
| Profit (loss) for the period before taxes9903 | €181,425 | €151,809 | €266,759 | -€26,712 | €566,484 | ▲ 2,221% |
| Transfer from deferred taxes780 | €2,518 | €2,518 | €2,518 | €2,518 | €2,518 | = |
| Income taxes67/77 | €49,160 | €10,622 | €54,328 | €705 | €632 | ▼ 10.4% |
| Taxes670/3 | €49,260 | €10,622 | €54,328 | €705 | €632 | ▼ 10.4% |
| Tax adjustments and reversals of tax provisions77 | €100 | - | - | - | - | - |
| Profit (loss) for the period9904 | €134,784 | €143,705 | €214,949 | -€24,899 | €568,370 | ▲ 2,383% |
| Transfer from tax-exempt reserves789 | €4,891 | €4,891 | €4,891 | €4,891 | €4,891 | = |
| Profit (loss) for the period to be appropriated9905 | €139,674 | €148,596 | €219,839 | -€20,008 | €573,261 | ▲ 2,965% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.0m | €7.3m | €7.6m | €7.2m | €7.2m | ▲ 0.1% |
| Fixed assets21/28 | €6.4m | €6.4m | €6.9m | €6.9m | €6.8m | ▼ 0.8% |
| Tangible fixed assets22/27 | €431,957 | €423,017 | €361,098 | €298,975 | €243,062 | ▼ 18.7% |
| Land and buildings22 | €382,895 | €354,781 | €310,947 | €267,114 | €223,280 | ▼ 16.4% |
| Plant, machinery and equipment23 | €2,416 | €1,781 | €1,146 | €2,933 | €4,626 | ▲ 57.7% |
| Furniture and vehicles24 | €46,646 | €66,455 | €49,004 | €28,928 | €15,157 | ▼ 47.6% |
| Financial fixed assets28 | €6.0m | €6.0m | €6.6m | €6.6m | €6.6m | = |
| Affiliated companies280/1 | €6.0m | €6.0m | €6.6m | €6.6m | €6.6m | = |
| Participating interests280 | €6.0m | €6.0m | €6.6m | €6.6m | €6.6m | = |
| Current assets29/58 | €581,627 | €940,712 | €611,962 | €311,024 | €372,908 | ▲ 19.9% |
| Amounts receivable within one year40/41 | €402,920 | €728,140 | €215,092 | €228,720 | €239,276 | ▲ 4.6% |
| Trade receivables40 | €397,079 | €403,762 | €214,896 | €175,787 | €140,627 | ▼ 20.0% |
| Other amounts receivable41 | €5,840 | €324,378 | €197 | €52,934 | €98,649 | ▲ 86.4% |
| Cash at bank and in hand54/58 | €168,871 | €203,529 | €386,899 | €79,457 | €129,749 | ▲ 63.3% |
| Deferred charges and accrued income490/1 | €9,836 | €9,043 | €9,970 | €2,847 | €3,883 | ▲ 36.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.0m | €7.3m | €7.6m | €7.2m | €7.2m | ▲ 0.1% |
| Equity10/15 | €2.8m | €2.9m | €3.1m | €3.1m | €3.7m | ▲ 18.4% |
| Contributions10/11 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Reserves13 | €1.3m | €1.5m | €1.7m | €1.7m | €2.2m | ▲ 33.9% |
| Tax-exempt reserves132 | €44,015 | €39,124 | €34,234 | €29,343 | €24,453 | ▼ 16.7% |
| Distributable reserves133 | €1.3m | €1.4m | €1.7m | €1.6m | €2.2m | ▲ 34.8% |
| Provisions and deferred taxes16 | €22,364 | €19,846 | €17,328 | €14,809 | €12,291 | ▼ 17.0% |
| Deferred taxes168 | €22,364 | €19,846 | €17,328 | €14,809 | €12,291 | ▼ 17.0% |
| Amounts payable17/49 | €4.2m | €4.4m | €4.4m | €4.1m | €3.5m | ▼ 13.7% |
| Amounts payable after more than one year17 | €3.9m | €4.1m | €4.3m | €4.0m | €3.2m | ▼ 20.0% |
| Financial debts170/4 | €3.9m | €4.1m | €4.3m | €4.0m | €3.2m | ▼ 20.0% |
| Other loans174 | €3.9m | €4.1m | €4.3m | €4.0m | €3.2m | ▼ 20.0% |
| Amounts payable within one year42/48 | €299,510 | €308,352 | €110,312 | €108,327 | €168,039 | ▲ 55.1% |
| Financial debts43 | €16,780 | €8,381 | €17,021 | €16,903 | €16,913 | ▲ 0.1% |
| Credit institutions430/8 | €16,780 | €8,381 | €17,021 | €16,903 | €16,913 | ▲ 0.1% |
| Trade debts44 | €53,842 | €61,389 | €23,517 | €36,858 | €86,876 | ▲ 136% |
| Suppliers440/4 | €53,842 | €61,389 | €23,517 | €36,858 | €86,876 | ▲ 136% |
| Taxes, remuneration and social security45 | €75,100 | €84,644 | €65,657 | €48,026 | €63,918 | ▲ 33.1% |
| Taxes450/3 | €18,196 | €21,358 | €15,674 | €15,324 | €20,549 | ▲ 34.1% |
| Remuneration and social security454/9 | €56,904 | €63,285 | €49,983 | €32,702 | €43,369 | ▲ 32.6% |
| Other amounts payable47/48 | €153,788 | €153,938 | €4,118 | €6,540 | €332 | ▼ 94.9% |
| Accrued charges and deferred income492/3 | - | €116 | €10,055 | €16,397 | €186,804 | ▲ 1,039% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €134,784 | €143,705 | €214,949 | -€24,899 | €568,370 | ▲ 2,383% |
| + Depreciation and write-downs630 | €48,720 | €57,951 | €61,920 | €58,385 | €59,554 | ▲ 2.0% |
| Operating cash flow (approximation) | €183,504 | €201,656 | €276,868 | €33,487 | €627,925 | ▲ 1,775% |
| Investment in fixed assets (approximation) | - | -€49,011 | -€600,000 | €3,738 | -€3,642 | ▼ 197% |
| Change in cash | - | €34,657 | €183,371 | -€307,442 | €50,292 | ▲ 116% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €568,370
Net result €568,370 after one loss-making year.
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 20 days late
2024
31-12
Financial
Weakest financial yearnet -€24,899
Net result drops to -€24,899, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
21-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity triplescurrent ratio 1.73
Current ratio from 0.60 to 1.73; short-term debt falls from €260,582 to €186,574.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Maasmechelen · 1 establishment unit since 2000
Ground area
1,545 m²
Building footprint
522 m²
Volume, LiDAR
3,367 m³
Parcel 73060A0076/00C003, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TOBE
since 20002.099.360.211
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73060A0076/00C003 | Flanders | 1,545 m² | 1 · 522 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
5 holdingsOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 5
-
100%
-
100%
-
96.67%
-
92.45%
-
50%
According to the 2025 annual accounts of TOBE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 89 EUR awarded · 89 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 89 EUR | 89 EUR |
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Of 2,606 companies in sector 47551 we hold annual accounts for 1,723. 538 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-12-1999
Fiscal year end31-12
Activities, NACEBEL 2025
31002Manufacture of furniture
47551Retail sale of household furniture
46494Wholesale of non-electrical household articles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0468753092
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.