TOESJ
ActiveTOESJ has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-16k) and a net result of €13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 290 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▲+6
Solvency11▲+11
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.11 against 1.29 in 2023; short-term debt: 62.8% and cash: 15.2% of total assets), and equity is negative.
Credit advice for your own amount and term
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 13
Relative position
BE, all sectors
reference
Sector 13
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 2024Solvency, return and age of the figures
Solvency
-14.3%
Return on assets
11.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 290 sector peers (2024).
NBB · sector comparisonPosition among 290 sector peers
Solvency
better than 15%
← weakest
strongest →
raises risk · 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 28-11-2025, 120 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
120 d late
2023
83 d late
2022
81 d late
2021
136 d late
2020
30 d late
2019
46 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-16k▲ 44.8%
2023 · €-29k
2018: €9k
2019: €5k
2020: €-16k
2021: €-52k
2022: €-36k
2023: €-29k
2018 → 2024
Total assets
€112k▲ 2.6%
2023 · €109k
2018: €46k
2019: €49k
2020: €75k
2021: €122k
2022: €86k
2023: €109k
2018 → 2024
Net result
€13k▲ 77.4%
2023 · €7k
2018: €-698
2019: €-4k
2020: €-21k
2021: €-36k
2022: €16k
2023: €7k
2018 → 2024
Working capital
€7k▼ 62.4%
2023 · €20k
2018: €9k
2019: €2k
2020: €27k
2021: €13k
2022: €8k
2023: €20k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-16k-€-52k▼ 235%€-36k▲ 30.2%€-29k▲ 20.2%€-16k▲ 44.8%
Operating result€-20k-€-35k▼ 74.2%€17k€8k▼ 53.2%€14k▲ 80.4%
Net result€-21k-€-36k▼ 74.3%€16k€7k▼ 53.3%€13k▲ 77.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 80% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €112k
Fixed assets
€34k▲ 59.6%
Current assets
€78k▼ 11.3%
Key figures and ratios
EBITDA
€18k▲
2023 · €12k
Cash flow
€17k▲
2023 · €11k
Solvency
-14.3%▲
2023 · -26.6%
Current ratio
1.11▼
2023 · 1.29
Quick ratio
1.06▼
2023 · 1.23
Debt / equity
-7.98▼
2023 · -4.76
ROA
11.6%▲
2023 · 6.7%
Interest coverage
17.70▼
2023 · 26.34
Debt
€128k▼
2023 · €138k
Debt ≤ 1 year
€70k▲
2023 · €68k
Debt > 1 year
€50k▼
2023 · €70k
Staff costs
€17k▲
2023 · €3k
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€109k€112k▲
Fixed assets21/28€21k€34k▲
Intangible fixed assets21€21k€21k=
Tangible fixed assets22/27€623€9k▲
Plant, machinery and equipment23€623€3k▲
Other tangible fixed assets26€0€6k▲
Financial fixed assets28-€5k
Current assets29/58€87k€78k▼
Stocks and contracts in progress3€4k€3k▼
Stocks30/36€4k€3k▼
Amounts receivable within one year40/41€43k€57k▲
Trade receivables40€31k€51k▲
Other amounts receivable41€12k€6k▼
Cash at bank and in hand54/58€29k€17k▼
Deferred charges and accrued income490/1€11k€309▼
Equity and liabilities
Total equity and liabilities10/49€109k€112k▲
Equity10/15€-29k€-16k▲
Contributions10/11€6k€6k=
Reserves13€0-
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Profit (loss) carried forward14€-35k€-22k▲
Amounts payable17/49€138k€128k▼
Amounts payable after more than one year17€70k€50k▼
Financial debts170/4€70k€50k▼
Amounts payable within one year42/48€68k€70k▲
Current portion of amounts payable after more than one year42€0-
Financial debts43€1k€10k▲
Credit institutions430/8€1k€10k▲
Trade debts44€40k€33k▼
Suppliers440/4€40k€33k▼
Taxes, remuneration and social security45€14k€13k▼
Taxes450/3€13k€13k▼
Remuneration and social security454/9€989€0▼
Other amounts payable47/48€13k€13k▲
Accrued charges and deferred income492/3-€8k
Income statement
Code20232024
Remuneration, social security and pensions62€3k€17k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€16k€39k▲
Operating profit (loss)9901€8k€14k▲
Financial income75/76B€5€11▲
Recurring financial income75€5€11▲
Financial charges65/66B€441€1k▲
Recurring financial charges65€441€1k▲
Profit (loss) for the period before taxes9903€7k€13k▲
Profit (loss) for the period9904€7k€13k▲
Profit (loss) for the period to be appropriated9905€7k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-37k€-22k▲
Profit (loss) brought forward from the previous period14P€-44k€-35k▲
Transfer from equity791/2€2k€0▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 120 days late
2024
22-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 83 days late
2023
20-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 81 days late
2022
31-12
Financial
Back to profitnet €16k
Net result €16k after 4 loss-making years.
14-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 136 days late
2021
31-12
Financial
Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
2019
16-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 77 days late
2018
13-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 44 days late
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, Geraardsbergen · 1 establishment unit since 2016
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.
Astridlaan(Ove) 859500 GeraardsbergenGround area
443 m²
Building footprint
137 m²
Volume, LiDAR
1,201 m³
Parcel 41043A0192/00W004, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Astridlaan(Ove) 85, 9500 Geraardsbergen
since 20162.256.878.610
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41043A0192/00W004 | Flanders | 443 m² | 1 · 137 m² | 12.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 21,110 EUR awarded · 21,110 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 110 EUR | 110 EUR |
| 2024 | 1 | -7,000 EUR | 0 EUR |
| 2023 | 1 | 14,000 EUR | 7,000 EUR |
| 2022 | 1 | 14,000 EUR | 14,000 EUR |
Schemes
Subsidies voor (G-) sportevenementen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteGeraardsbergen2.256.878.610
Similar companies · same sector, comparable size
Publi Screen
BE 0872.715.037
Balen · Eq €5k
SOLUTIONS ID
BE 0554.919.578
Brussel · Eq €5k
Motief
BE 0777.936.436
Oostende · Eq €5k
KSAAR
BE 1009.880.856
Elsene · Eq €6k
VDW PRINT
BE 0680.865.665
Tessenderlo-Ham · Eq €6k
Of 757 companies in sector 13300 we hold annual accounts for 160. 56 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-09-2016
Fiscal year end31-12
Activities, NACEBEL
13300Finishing of textiles
90022Arts creation and performing arts activities
90392Design and construction of stages and sets
47210Retail sale of fruit and vegetables
47789Other retail sale of new goods
47810Retail trade
47890Retail trade
56210Event catering
68201Renting and operating of own or leased residential real estate, excluding social housing
77392Rental and leasing activities
77399Renting and leasing of other machinery, equipment and tangible goods
82100Office administrative and support services
82110Office administrative, office support and other business support activities
93199Other sports activities
93299Other amusement and recreation activities
94110Activities of business and employers' organisations
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.