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TOESJ

Active
Private limited companyfounded 2016active for 10 yearsAstridlaan(Ove) 85, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0662.541.969
Summary

The computed 12-month bankruptcy probability of TOESJ is 3.8% (moderate). The 2024 annual accounts show negative equity (-€16,001) and a net result of €12,980. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 15% of 282 sector peers (NACE 13, financial year 2024). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 09-09-2016 Normal situation
Activity
Finishing of textiles NACE 13300and 11 others
Establishment unit
2.256.878.610 9500 Geraardsbergen, since 13-09-2016
Financial year end
31 December
Peppol
Reachable since 12-02-2025

Board and ownership

Board
  • Thienpont TomDirector

Financial position

49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.8%
Annual accounts 2024
Gross margin
€38,854
▲ 137%
Turnover
≈ €160,000
estimated
Profit
€12,980
▲ 77.4%
Equity
-€16,001
▲ 44.8%
Total assets
€111,691
▲ 2.6%
Staff
2.9 FTE
▲ 480%
  • Negative equity on 31-12-2024
  • 2025 accounts not filed, 95 days past the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 120 days late; 3 of the last 3 accounts late1 change of registered office in 24 monthsFigures for financial year 2024 (filed on 02-12-2025)lowers riskSector: Manufacture of textiles (NACE 13)Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 50% of micro companies in textiles (NACE 13)
Financial strength · tick: 2023
Weak
Solvency 11+11
equity -14.3% of total assets
Liquidity 36-15
short-term debt 62.8% · cash 15.2%
Profitability 83+6
return on assets 11.6%
Bankruptcy probability within 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (496 companies, NACE 13, micro)
Last 24 months 12-2024: 1.2% 01-2025: 1.1%▼ -0.1 percentage points vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025lowest value 04-2025: 2.1%▲ +1.0 percentage point vs 03-2025 05-2025: 1.9%▼ -0.2 percentage points vs 04-2025 06-2025: 1.9%● unchanged vs 05-2025 07-2025: 1.9%● unchanged vs 06-2025 08-2025: 2.4%▲ +0.5 percentage points vs 07-2025 09-2025: 2.6%▲ +0.2 percentage points vs 08-2025 10-2025: 3.6%▲ +1.0 percentage point vs 09-2025 11-2025: 3.7%▲ +0.1 percentage points vs 10-2025 12-2025: 4.3%▲ +0.6 percentage points vs 11-2025highest value 01-2026: 3.0%▼ -1.3 percentage points vs 12-2025 02-2026: 2.9%▼ -0.1 percentage points vs 01-2026 03-2026: 2.8%▼ -0.1 percentage points vs 02-2026 04-2026: 2.9%▲ +0.1 percentage points vs 03-2026 05-2026: 2.7%▼ -0.2 percentage points vs 04-2026 06-2026: 2.6%▼ -0.1 percentage points vs 05-2026 07-2026: 2.6%● unchanged vs 06-2026 08-2026: 2.9%▲ +0.3 percentage points vs 07-2026 09-2026: 3.2%▲ +0.3 percentage points vs 08-2026 10-2026: 3.8%▲ +0.6 percentage points vs 09-2026 11-2026: 3.8%● unchanged vs 10-2026
No credit on open account
Liquidity is tight, with a current ratio of 1.11 (1.29 in 2023), below the usual 1.5. Short-term debt is 62.8% and cash 15.2% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 13, micro). It does better than 12% of them on solvency, 25% on liquidity, 73% on profitability and 90% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
lowers risk · Sector: Manufacture of textiles (NACE 13)
KBO
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 120 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed on 02-12-2025)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 282 sector peers (2024).
NBB · sector comparison
Position among 282 sector peers
Solvency
better than 15%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 95 days later.
NBB · 8 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline03-11-2026 today
raises risk · 2024 accounts filed 120 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-11-2025, 120 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 8 filings
Deviation from the deadline
2025
not filed
2024
120 days late
2023
83 days late
2022
81 days late
2021
136 days late
2020
30 days late
2019
46 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 83 days after the deadline. In the sector (NACE 13), the median for financial year 2024 was 13 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€16,001 View
  • Caution: Less equity than 89% of companies in textilessector median €56,894 · 282 companies -€16,001 View

Recent changes

  1. · Gazette deed Registered office moved from Galmaarden to GeraardsbergenNew seat: Astridlaan 85, 9500 Geraardsbergen · Previous seat: NIEUWSTRAAT 23, 1570 GALMAARDEN
  2. · Gazette deed Capital & shares · Amendment of the articles · Legal-form change
  3. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as TOESJ: finishing of textiles (NACE 13300). They are comparable in size and age: total assets between €55,800 and €146,000, founded between 2011 and 2020.

CompanyTotal assetsGross margin
TOESJ Geraardsbergen€111,691€38,854
Advocatenkantoor Jo Dewez Hasselt€145,643€37,206
CVG Awans€92,281€70,370
Atelier 135 Edegem€102,309€23,832
PYROMEDIA Kortrijk€116,766€57,522
CHEZ ALMIRA Anderlecht€55,843€33,003
Infinity Artwerps Antwerpen€125,678€21,170
Full comparison

Key facts about TOESJ

What is the company number of TOESJ?
The company number of TOESJ is 0662.541.969. The VAT number is the same number with BE in front: BE 0662.541.969.
Where is TOESJ based?
The registered office is at Astridlaan(Ove) 85, 9500 Geraardsbergen.Company details
What does TOESJ do?
According to the KBO register, the main activity is finishing of textiles (NACE 13300).
What is the legal form of TOESJ?
The legal form of TOESJ is Private limited company (BV).
When was TOESJ founded?
TOESJ was founded on 09-09-2016.
Is TOESJ still active?
Yes, TOESJ is an active enterprise in the KBO register.
How many employees does TOESJ have?
TOESJ had an average of 2.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of TOESJ?
The turnover in financial year 2024 is ≈ €160,000. This figure is estimated from the gross margin of €38,854 and 2,953 comparable companies of the same size. It probably lies between €94,000 and €280,000. It is a rough estimate.
Is TOESJ profitable?
In financial year 2024, TOESJ made a profit of €12,980.
Where can I find the annual accounts of TOESJ?
TOESJ filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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