Toffer
ActiveSummary
Toffer has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €754,936 and a net result of €132,118. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 93% of 4564 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▲+12
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 6.42 against 4.76 in 2024; short-term debt: 13.1% and cash: 1.7% of total assets), and 13.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% 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
86.9%
Return on assets
15.2%
Age of the figures
9 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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €754,936
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
7 d early
2023
7 d early
2022
28 d late
2021
11 d late
2020
37 d early
2019
21 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 5 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€754,936▲ 10.4%
2024 · €683,818
Total assets
€868,990▲ 5.2%
2024 · €826,214
Net result
€132,118▲ 3.0%
2024 · €128,327
Working capital
€618,249▲ 15.5%
2024 · €535,318
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€87,062▲ 2.1%€87,215▲ 0.2%€112,563▲ 29.1%€169,762▲ 50.8%€166,628▼ 1.8%
Net result€62,067▲ 1.4%€62,986▲ 1.5%€81,928▲ 30.1%€128,327▲ 56.6%€132,118▲ 3.0%
Equity€649,076▼ 0.6%€667,062▲ 2.8%€640,991▼ 3.9%€683,818▲ 6.7%€754,936▲ 10.4%
Total assets€757,324▼ 2.6%€761,487▲ 0.5%€825,369▲ 8.4%€826,214▲ 0.1%€868,990▲ 5.2%
Debt€108,248▼ 13.0%€94,425▼ 12.8%€184,379▲ 95.3%€142,396▼ 22.8%€114,053▼ 19.9%
Working capital€488,492▲ 4.6%€526,702▲ 7.8%€480,678▼ 8.7%€535,318▲ 11.4%€618,249▲ 15.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €868,990
Fixed assets
€136,687 ▼ 8.0%
Current assets
€732,303 ▲ 8.1%
Equity and liabilities €868,990
Equity
€754,936 ▲ 10.4%
Debt
€114,053 ▼ 19.9%
Debt's share of the balance-sheet total falls from 17.2% to 13.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€178,440▼
2024 · €181,575
Cash flow
€143,931▲
2024 · €140,140
Current ratio
6.42▲
2024 · 4.76
Debt to equity
0.15▼
2024 · 0.21
ROE
17.5%▼
2024 · 18.8%
ROA
15.2%▼
2024 · 15.5%
Interest coverage
9593.56▲
2024 · -9316.32
Debt ≤ 1 year
€114,053▼
2024 · €142,396
Income taxes
€55,754▲
2024 · €54,059
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,792 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 0.6% 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 17,792 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €29,129 | - | €6,700 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,229 | €15,785 | €6,911 | €11,813 | €11,813 | = |
| Other operating charges640/8 | €3,016 | €2,644 | €2,651 | €2,826 | €2,737 | ▼ 3.2% |
| Gross operating margin9900 | €115,307 | €105,644 | €122,125 | €184,402 | €181,177 | ▼ 1.7% |
| Operating profit (loss)9901 | €87,062 | €87,215 | €112,563 | €169,762 | €166,628 | ▼ 1.8% |
| Financial income75/76B | €528 | €1,393 | €1,559 | €12,604 | €21,263 | ▲ 68.7% |
| Recurring financial income75 | €528 | €1,393 | €1,559 | €12,604 | €21,263 | ▲ 68.7% |
| Financial charges65/66B | €829 | €657 | €333 | -€19 | €19 | ▲ 195% |
| Recurring financial charges65 | €829 | €657 | €333 | -€19 | €19 | ▲ 195% |
| Profit (loss) for the period before taxes9903 | €86,761 | €87,951 | €113,789 | €182,386 | €187,872 | ▲ 3.0% |
| Income taxes67/77 | €24,694 | €24,965 | €31,861 | €54,059 | €55,754 | ▲ 3.1% |
| Profit (loss) for the period9904 | €62,067 | €62,986 | €81,928 | €128,327 | €132,118 | ▲ 3.0% |
| Profit (loss) for the period to be appropriated9905 | €62,067 | €62,986 | €81,928 | €128,327 | €132,118 | ▲ 3.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €757,324 | €761,487 | €825,369 | €826,214 | €868,990 | ▲ 5.2% |
| Fixed assets21/28 | €160,585 | €140,360 | €160,313 | €148,500 | €136,687 | ▼ 8.0% |
| Tangible fixed assets22/27 | €160,585 | €140,360 | €160,313 | €148,500 | €136,687 | ▼ 8.0% |
| Land and buildings22 | €146,800 | €140,360 | €133,920 | €127,480 | €121,040 | ▼ 5.1% |
| Furniture and vehicles24 | €13,785 | €0 | €26,393 | €21,020 | €15,647 | ▼ 25.6% |
| Current assets29/58 | €596,740 | €621,127 | €665,057 | €677,714 | €732,303 | ▲ 8.1% |
| Amounts receivable within one year40/41 | €24,663 | €26,378 | €26,158 | €42,230 | €23,423 | ▼ 44.5% |
| Trade receivables40 | €22,476 | €24,866 | €17,891 | €40,888 | €21,509 | ▼ 47.4% |
| Other amounts receivable41 | €2,186 | €1,511 | €8,268 | €1,342 | €1,914 | ▲ 42.7% |
| Current investments50/53 | €27,000 | €63,000 | €99,000 | €557,703 | €689,703 | ▲ 23.7% |
| Cash at bank and in hand54/58 | €537,112 | €527,464 | €535,856 | €73,600 | €14,900 | ▼ 79.8% |
| Deferred charges and accrued income490/1 | €7,965 | €4,285 | €4,043 | €4,180 | €4,277 | ▲ 2.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €757,324 | €761,487 | €825,369 | €826,214 | €868,990 | ▲ 5.2% |
| Equity10/15 | €649,076 | €667,062 | €640,991 | €683,818 | €754,936 | ▲ 10.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €363,360 | €380,360 | €353,360 | €395,860 | €466,860 | ▲ 17.9% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | €361,500 | €378,500 | €351,500 | €395,860 | €466,860 | ▲ 17.9% |
| Profit (loss) carried forward14 | €279,516 | €280,502 | €281,431 | €281,758 | €281,876 | = |
| Amounts payable17/49 | €108,248 | €94,425 | €184,379 | €142,396 | €114,053 | ▼ 19.9% |
| Amounts payable within one year42/48 | €108,248 | €94,425 | €184,379 | €142,396 | €114,053 | ▼ 19.9% |
| Trade debts44 | €2,516 | €5,276 | €29,961 | €2,303 | €3,203 | ▲ 39.1% |
| Suppliers440/4 | €2,516 | €5,276 | €29,961 | €2,303 | €3,203 | ▲ 39.1% |
| Taxes, remuneration and social security45 | €16,015 | €20,774 | €25,808 | €31,293 | €21,058 | ▼ 32.7% |
| Taxes450/3 | €16,015 | €20,774 | €25,808 | €31,293 | €21,058 | ▼ 32.7% |
| Other amounts payable47/48 | €89,717 | €68,375 | €128,610 | €108,800 | €89,793 | ▼ 17.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €62,067 | €62,986 | €81,928 | €128,327 | €132,118 | ▲ 3.0% |
| + Depreciation and write-downs630 | €25,229 | €15,785 | €6,911 | €11,813 | €11,813 | = |
| Operating cash flow (approximation) | €87,296 | €78,771 | €88,840 | €140,140 | €143,931 | ▲ 2.7% |
| Investment in fixed assets (approximation) | - | €4,440 | -€26,864 | €0 | €0 | - |
| Change in cash | - | -€9,648 | €8,392 | -€462,255 | -€58,701 | ▲ 87.3% |
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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €132,118 ▲3%
Net result €132,118, the highest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €61,187 ▼28.5%
Net result drops to €61,187, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts
We know of 13 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
13 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, Merelbeke-Melle · 1 establishment unit since 2008
Ground area
346 m²
Building footprint
102 m²
Volume, LiDAR
505 m³
Parcel 44412B0239/00E005, Flanders · tallest building 9.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Gaversesteenweg 231, 9820 Merelbeke-Melle
since 20082.168.363.833
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44412B0239/00E005 | Flanders | 346 m² | 1 · 102 m² | 9.1 m · 1 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.
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Of 7,364 companies in sector 81210 we hold annual accounts for 2,737. 1,096 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
Founded16-01-2008
Fiscal year end31-12
Activities, NACEBEL 2025
81210General cleaning of buildings
43211General electrical installation work
43332Laying of wooden floor and wall coverings
Contact
Phone
0472/927173Merelbeke-Melle
E-invoicing
Reachable via Peppol
Peppol ID
0208:0894961491
Also
9925:BE0894961491
Registered
12-02-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.