TODS
ActiveSummary
TODS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€275,214) and a net result of -€179,798. Equity is shrinking by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-76
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.06 against 0.25 in 2023), and equity is negative.
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Signals
Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 2024Solvency, return and age of the figures
Return on assets
-785%
Age of the figures
21 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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€275,214
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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
31 d late
2023
31 d late
2022
32 d late
2021
29 d late
2020
1 d early
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 26 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€275,214▼ 188%
2023 · -€95,416
Total assets
€22,903▼ 41.4%
2023 · €39,115
Net result
-€179,798
2023 · €2,146
Working capital
-€281,214▼ 177%
2023 · -€101,416
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
Line20202021202220232024
Operating result€4,250€114,428▲ 2,592%-€77,243€13,258-€178,218
Net result€2below the sector's middle half€91,293above the sector's middle half▲ 4,754,726%-€79,616below the sector's middle half€2,146below the sector's middle half-€179,798below the sector's middle half
Equity-€109,239below the sector's middle half=-€17,947below the sector's middle half▲ 83.6%-€97,562below the sector's middle half▼ 444%-€95,416below the sector's middle half▲ 2.2%-€275,214below the sector's middle half▼ 188%
Total assets€211,925within the sector's middle half▼ 7.1%€346,076within the sector's middle half▲ 63.3%€34,803below the sector's middle half▼ 89.9%€39,115below the sector's middle half▲ 12.4%€22,903below the sector's middle half▼ 41.4%
Debt€321,165▼ 4.8%€364,023▲ 13.3%€132,365▼ 63.6%€134,531▲ 1.6%€298,118▲ 122%
Working capital-€71,152▲ 21.5%-€18,628▲ 73.8%-€103,630▼ 456%-€101,416▲ 2.1%-€281,214▼ 177%
Solvency-51.5%below the sector's middle half▼ 3.7pp-5.2%below the sector's middle half▲ 46.4pp-280.3%below the sector's middle half▼ 275.1pp-243.9%below the sector's middle half▲ 36.4pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €178,218 after €13,258 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €22,903
Fixed assets
€6,000 =
Current assets
€16,903 ▼ 49.0%
Key figures and ratios
Current ratio
0.06▼
2023 · 0.25
Debt to equity
-1.08▲
2023 · -1.41
ROA
-785.0%▼
2023 · 5.5%
Debt ≤ 1 year
€298,118▲
2023 · €134,531
Income taxes
€64▼
2023 · €9,258
A ratio outside any meaningful range has been withheld (balance sheet total €22,903, equity -€275,214).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,943 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.5%
went bankrupt
8.1%
stopped otherwise
85%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,943 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €101,050 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,332 | €714 | €614 | €68 | - | - |
| Other operating charges640/8 | - | €24,387 | €508 | €21,707 | €387 | ▼ 98.2% |
| Gross operating margin9900 | €21,382 | €139,529 | -€76,121 | €35,033 | -€177,831 | ▼ 608% |
| Operating profit (loss)9901 | €4,250 | €114,428 | -€77,243 | €13,258 | -€178,218 | ▼ 1,444% |
| Financial income75/76B | - | - | €4 | €0 | €2 | ▲ 519% |
| Recurring financial income75 | €30 | - | €4 | €0 | €2 | ▲ 519% |
| Financial charges65/66B | - | €4,721 | €2,314 | €1,855 | €1,517 | ▼ 18.2% |
| Recurring financial charges65 | €4,278 | €4,721 | €2,314 | €1,855 | €1,517 | ▼ 18.2% |
| Profit (loss) for the period before taxes9903 | €2 | €109,707 | -€79,553 | €11,404 | -€179,734 | ▼ 1,676% |
| Income taxes67/77 | - | €18,414 | €63 | €9,258 | €64 | ▼ 99.3% |
| Profit (loss) for the period9904 | €2 | €91,293 | -€79,616 | €2,146 | -€179,798 | ▼ 8,477% |
| Profit (loss) for the period to be appropriated9905 | €2 | €91,293 | -€79,616 | €2,146 | -€179,798 | ▼ 8,477% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €211,925 | €346,076 | €34,803 | €39,115 | €22,903 | ▼ 41.4% |
| Fixed assets21/28 | €202,051 | €682 | €6,068 | €6,000 | €6,000 | = |
| Tangible fixed assets22/27 | €202,051 | €682 | €68 | - | - | - |
| Plant, machinery and equipment23 | - | €126 | - | - | - | - |
| Furniture and vehicles24 | - | €556 | €68 | - | - | - |
| Financial fixed assets28 | - | - | €6,000 | €6,000 | €6,000 | = |
| Current assets29/58 | €9,875 | €345,395 | €28,735 | €33,115 | €16,903 | ▼ 49.0% |
| Amounts receivable within one year40/41 | €1,585 | €35,373 | €28,606 | €33,111 | €16,903 | ▼ 48.9% |
| Trade receivables40 | - | €1,938 | €20,508 | €31,573 | €15,573 | ▼ 50.7% |
| Other amounts receivable41 | - | €33,435 | €8,098 | €1,538 | €1,331 | ▼ 13.5% |
| Cash at bank and in hand54/58 | €7,072 | €310,022 | €130 | €4 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €211,925 | €346,076 | €34,803 | €39,115 | €22,903 | ▼ 41.4% |
| Equity10/15 | -€109,239 | -€17,947 | -€97,562 | -€95,416 | -€275,214 | ▼ 188% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€127,839 | -€36,547 | -€116,162 | -€114,016 | -€293,814 | ▼ 158% |
| Amounts payable17/49 | €321,165 | €364,023 | €132,365 | €134,531 | €298,118 | ▲ 122% |
| Amounts payable after more than one year17 | €195,238 | - | - | - | - | - |
| Amounts payable within one year42/48 | €81,026 | €364,023 | €132,365 | €134,531 | €298,118 | ▲ 122% |
| Current portion of amounts payable after more than one year42 | - | €186,692 | - | - | - | - |
| Financial debts43 | - | €60,039 | €5,881 | €36,599 | €23,483 | ▼ 35.8% |
| Credit institutions430/8 | - | €60,039 | €5,881 | €36,599 | €23,483 | ▼ 35.8% |
| Trade debts44 | €28,828 | €11,700 | €53,540 | €69,156 | €4,120 | ▼ 94.0% |
| Suppliers440/4 | - | €11,700 | €53,540 | €69,156 | €4,120 | ▼ 94.0% |
| Taxes, remuneration and social security45 | - | €48,959 | €52,141 | €28,776 | €64 | ▼ 99.8% |
| Taxes450/3 | - | €48,959 | €52,141 | €28,776 | €64 | ▼ 99.8% |
| Other amounts payable47/48 | - | €56,632 | €20,803 | - | €270,450 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2 | €91,293 | -€79,616 | €2,146 | -€179,798 | ▼ 8,477% |
| + Depreciation and write-downs630 | €14,332 | €714 | €614 | €68 | - | - |
| Operating cash flow (approximation) | €14,334 | €92,007 | -€79,002 | €2,214 | -€179,798 | ▼ 8,222% |
| Investment in fixed assets (approximation) | - | €200,655 | -€6,000 | €0 | €0 | - |
| Change in cash | - | €302,950 | -€309,892 | -€126 | - | - |
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
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet -€179,798
Net result drops to -€179,798, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Back to profitnet €2,146
Net result €2,146 after one loss-making year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Highest result since 2018net €91,293 ▲4,754,726%
Operating result €114,428, net result €91,293, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €2
Net result €2 after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Schilde · 1 establishment unit since 2014
Ground area
2.4 ha
Building footprint
1,940 m²
Volume, LiDAR
31,208 m³
2 parcels, Flanders · tallest building 24.0 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Tods
since 20142.233.736.784
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050B0295/00W003 | Flanders | 2.0 ha | 1 · 1,732 m² | 24.0 m · 5 fl. |
| 11039D0051/00A003 | Flanders | 4,023 m² | 1 · 208 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 82,642 companies in sector 70200 we hold annual accounts for 52,589. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded22-01-2014
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0544654010
Also
9925:BE0544654010
Registered
18-06-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.