Toboggan has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2020 annual accounts show equity of €1.02M and a net result of €37k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 522 sector peers (fiscal year 2020). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2020 · tick = 2019
Profitability46▼-13
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2020Solvency, return and age of the figures
Solvency
97.6%
Return on assets
3.6%
Age of the figures
69 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
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline17-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 26-07-2021, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
5 d early
2019
11 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€37k▼ 60.1%
2019 · €94k
2018: €80k
2019: €94k
2018 → 2020
Working capital
€839k▲ 4.3%
2019 · €804k
2018: €719k
2019: €804k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€891k-€985k▲ 10.5%€1.02M▲ 3.8%
Operating result€64k-€90k▲ 41.4%€35k▼ 61.0%
Net result€80k-€94k▲ 16.8%€37k▼ 60.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 61% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €1.05M
Fixed assets
€183k▼ 2.2%
Current assets
€865k▼ 2.8%
Equity and liabilities €1.05M
Equity
€1.02M▲ 3.8%
Debt
€25k▼ 72.4%
The debt ratio falls from 8.5% to 2.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€42k▼
2019 · €96k
Cash flow
€44k▼
2019 · €99k
Solvency
97.6%▲
2019 · 91.5%
Current ratio
33.96▲
2019 · 10.40
Quick ratio
33.96▲
2019 · 10.40
ROE
3.7%▼
2019 · 9.5%
ROA
3.6%▼
2019 · 8.7%
Debt
€25k▼
2019 · €92k
Debt ≤ 1 year
€25k▼
2019 · €86k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€1.08M€1.05M▼
Fixed assets21/28€187k€183k▼
Tangible fixed assets22/27€187k€182k▼
Financial fixed assets28€405€905▲
Current assets29/58€890k€865k▼
Amounts receivable within one year40/41€166k€112k▼
Current investments50/53€601k€523k▼
Cash at bank and in hand54/58€124k€230k▲
Equity and liabilities
Total equity and liabilities10/49€1.08M€1.05M▼
Equity10/15€985k€1.02M▲
Profit (loss) carried forward14€985k€1.02M▲
Amounts payable17/49€92k€25k▼
Amounts payable within one year42/48€86k€25k▼
Trade debts44€6k€25k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Gross operating margin9900€852k€297k▼
Operating profit (loss)9901€90k€35k▼
Recurring financial income75€15k€2k▼
Recurring financial charges65€6k€180▼
Profit (loss) for the period before taxes9903€99k€37k▼
Profit (loss) for the period9904€94k€37k▼
Profit (loss) for the period to be appropriated9905€94k€37k▼
Timeline · acts, filings and financial milestones
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €37k ▼60.1%
Net result drops to €37k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 33.96
Current ratio from 10.40 to 33.96; short-term debt falls from €86k to €25k.
31-12
Financial
Equity above €1MEq €1.02M ▲3.8%
3 profitable years in a row build equity to €1.02M.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 11 days late
2019
31-12
Financial
Highest result since 2018net €94k ▲16.8%
Operating result €90k, net result €94k, both a record.
14-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
03-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 64 days late
2015
30-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 30 days late
2014
05-10
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 66 days late
2013
25-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 25 days late
2012
29-06
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
28-07
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
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, Sint-Pieters-Woluwe · 4 establishment units since 1987
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.
Bosstraat 1521150 Sint-Pieters-WoluweGround area
2.5 ha
Building footprint
1,829 m²
Volume, LiDAR
16,733 m³
4 parcels, Brussels, Flanders · tallest building 21.0 m, ±4 floors. Linked by address, not a title deed.
4 establishment units
Toboggan
since 19872.166.794.710
Toboggan
since 20082.259.854.728
Groenendaalsesteenweg 141, 1560 Hoeilaart
since 20142.350.627.625
Toboggan
since 20152.247.421.308
4 parcels
Flanders
2
(50%)
Brussels
2
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21673D0162/00T003 | Brussels | 1.9 ha | 1 · 890 m² | 20.9 m · 4 fl. |
| 23033C0080/00A017 | Flanders | 4,302 m² | 1 · 130 m² | 11.6 m · 3 fl. |
| 22006B0408/00K004 | Flanders | 1,119 m² | 1 · 504 m² | 6.9 m · 1 fl. |
| 21683D0334/00A012 | Brussels | 759 m² | 1 · 305 m² | 14.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 143 EUR awarded · 143 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 143 EUR | 143 EUR |
Schemes
Subsidies jeugdhulp
Wallonia-Brussels Federation
2024 to 2025 · 4 entries · 269,054 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 2 | 153,420 EUR |
| 2024 | 2 | 115,635 EUR |
Budget allocations
Sub. - PV : CDV
Sub. - PV : AES 1
Recognitions · licences · registrations
Legal Entity Identifier
967600B9L0MNSX01Q876
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Of 1,997 companies in sector 85520 we hold annual accounts for 121. 55 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded30-06-1987
Fiscal year end31-12
Activities, NACEBEL
85520Cultural education
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.