TOFFLY
ActiveSummary
TOFFLY has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €218k and a net result of €-59k. Equity is growing by ~34.5% per year across the filed fiscal years. Its solvency ranks better than 70% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency91▼-8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 4.33 against 3.31 in 2024; short-term debt: 17.7% and cash: 26.9% of total assets), and 34.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-07-2026, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
20 d early
2024
40 d early
2023
37 d early
2022
47 d early
2021
54 d early
2020
44 d early
2019
43 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€218k▼ 21.3%
2024 · €277k
2018: €-11k
2019: €-12k▼ -9.5% vs 2018lowest in 8 years
2020: €36k▲ +399% vs 2019
2021: €100k▲ +181% vs 2020
2022: €163k▲ +62.6% vs 2021
2023: €178k▲ +8.9% vs 2022
2024: €277k▲ +56.1% vs 2023highest in 8 years
2025: €218k▼ -21.3% vs 2024
2018 → 2025
Total assets
€331k▼ 11.9%
2024 · €375k
2018: €207k
2019: €200k▼ -3.0% vs 2018lowest in 8 years
2020: €207k▲ +3.2% vs 2019
2021: €382k▲ +84.8% vs 2020
2022: €436k▲ +14.1% vs 2021highest in 8 years
2023: €366k▼ -16.0% vs 2022
2024: €375k▲ +2.5% vs 2023
2025: €331k▼ -11.9% vs 2024
2018 → 2025
Net result
€-59k
2024 · €100k
2018: €-4k
2019: €-1k▲ +76.1% vs 2018
2020: €48k▲ +4711% vs 2019
2021: €65k▲ +35.4% vs 2020
2022: €63k▼ -2.8% vs 2021
2023: €15k▼ -76.8% vs 2022
2024: €100k▲ +584% vs 2023highest in 8 years
2025: €-59k▼ -159% vs 2024lowest in 8 years
2018 → 2025
Working capital
€195k▲ 0.7%
2024 · €194k
2018: €98k
2019: €92k▼ -6.3% vs 2018lowest in 8 years
2020: €135k▲ +47.3% vs 2019
2021: €159k▲ +18.1% vs 2020
2022: €200k▲ +26.0% vs 2021
2023: €211k▲ +5.2% vs 2022highest in 8 years
2024: €194k▼ -8.1% vs 2023
2025: €195k▲ +0.7% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€100k-€163k▲ 62.6%€178k▲ 8.9%€277k▲ 56.1%€218k▼ 21.3%
2021: €100klowest in 5 years
2022: €163k▲ +62.6% vs 2021
2023: €178k▲ +8.9% vs 2022
2024: €277k▲ +56.1% vs 2023highest in 5 years
2025: €218k▼ -21.3% vs 2024
Operating result€90k-€86k▼ 4.4%€28k▼ 68.0%€146k▲ 429%€-55k
2021: €90k
2022: €86k▼ -4.4% vs 2021
2023: €28k▼ -68.0% vs 2022
2024: €146k▲ +429% vs 2023highest in 5 years
2025: €-55k▼ -138% vs 2024lowest in 5 years
Net result€65k-€63k▼ 2.8%€15k▼ 76.8%€100k▲ 584%€-59k
2021: €65k
2022: €63k▼ -2.8% vs 2021
2023: €15k▼ -76.8% vs 2022
2024: €100k▲ +584% vs 2023highest in 5 years
2025: €-59k▼ -159% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €55k after €146k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €331k
Fixed assets
€77k ▼ 21.2%
Current assets
€254k ▼ 8.6%
Equity and liabilities €331k
Equity
€218k ▼ 21.3%
Debt
€113k ▲ 14.8%
Debt's share of the balance-sheet total rises from 26.1% to 34.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-24k▼
2024 · €172k
Cash flow
€-28k▼
2024 · €126k
Current ratio
4.33▲
2024 · 3.31
Quick ratio
3.00▲
2024 · 2.33
Debt to equity
0.52▲
2024 · 0.35
ROE
-27.1%▼
2024 · 35.9%
ROA
-17.9%▼
2024 · 26.5%
Interest coverage
-5.88▼
2024 · 14.08
Debt ≤ 1 year
€59k▼
2024 · €84k
Debt > 1 year
€54k▲
2024 · €14k
Income taxes
€132▼
2024 · €34k
Staff costs
€146k▲
2024 · €141k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€375k€331k▼
Fixed assets21/28€98k€77k▼
Tangible fixed assets22/27€98k€77k▼
Land and buildings22€5k€4k▼
Plant, machinery and equipment23€16k€17k▲
Furniture and vehicles24€77k€56k▼
Current assets29/58€278k€254k▼
Stocks and contracts in progress3€83k€78k▼
Stocks30/36€83k€78k▼
Amounts receivable within one year40/41€56k€83k▲
Trade receivables40€15k€17k▲
Other amounts receivable41€41k€66k▲
Cash at bank and in hand54/58€133k€89k▼
Deferred charges and accrued income490/1€7k€4k▼
Equity and liabilities
Total equity and liabilities10/49€375k€331k▼
Equity10/15€277k€218k▼
Contributions10/11€12k€12k=
Reserves13€243k€184k▼
Distributable reserves133€243k€184k▼
Profit (loss) carried forward14€21k€21k=
Amounts payable17/49€98k€113k▲
Amounts payable after more than one year17€14k€54k▲
Financial debts170/4€14k€54k▲
Amounts payable within one year42/48€84k€59k▼
Current portion of amounts payable after more than one year42€19k€15k▼
Trade debts44€23k€16k▼
Suppliers440/4€23k€16k▼
Taxes, remuneration and social security45€42k€27k▼
Taxes450/3€25k€14k▼
Remuneration and social security454/9€17k€13k▼
Income statement
Code20242025
Remuneration, social security and pensions62€141k€146k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€31k▲
Other operating charges640/8€9k€3k▼
Gross operating margin9900€322k€126k▼
Operating profit (loss)9901€146k€-55k▼
Financial charges65/66B€12k€4k▼
Recurring financial charges65€12k€4k▼
Profit (loss) for the period before taxes9903€134k€-59k▼
Income taxes67/77€34k€132▼
Profit (loss) for the period9904€100k€-59k▼
Profit (loss) for the period to be appropriated9905€100k€-59k▼
Appropriation of the result
Profit (loss) to be appropriated9906€121k€-38k▼
Profit (loss) brought forward from the previous period14P€21k€21k=
Transfer from equity791/2-€59k
Transfer to equity691/2€100k-
To other reserves6921€100k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €185k | €169k | €156k | €141k | €146k | ▲ 3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €16k | €19k | €26k | €31k | ▲ 20.7% |
| Other operating charges640/8 | €8k | €9k | €10k | €9k | €3k | ▼ 61.1% |
| Gross operating margin9900 | €293k | €281k | €213k | €322k | €126k | ▼ 61.0% |
| Operating profit (loss)9901 | €90k | €86k | €28k | €146k | €-55k | ▼ 138% |
| Financial charges65/66B | €4k | €4k | €6k | €12k | €4k | ▼ 67.1% |
| Recurring financial charges65 | €4k | €4k | €6k | €12k | €4k | ▼ 67.1% |
| Profit (loss) for the period before taxes9903 | €86k | €83k | €21k | €134k | €-59k | ▼ 144% |
| Income taxes67/77 | €22k | €20k | €7k | €34k | €132 | ▼ 99.6% |
| Profit (loss) for the period9904 | €65k | €63k | €15k | €100k | €-59k | ▼ 159% |
| Profit (loss) for the period to be appropriated9905 | €65k | €63k | €15k | €100k | €-59k | ▼ 159% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €382k | €436k | €366k | €375k | €331k | ▼ 11.9% |
| Fixed assets21/28 | €54k | €81k | €78k | €98k | €77k | ▼ 21.2% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €54k | €81k | €78k | €98k | €77k | ▼ 21.2% |
| Land and buildings22 | €7k | €7k | €6k | €5k | €4k | ▼ 15.4% |
| Plant, machinery and equipment23 | €7k | €16k | €19k | €16k | €17k | ▲ 7.0% |
| Furniture and vehicles24 | €40k | €59k | €52k | €77k | €56k | ▼ 27.3% |
| Current assets29/58 | €328k | €355k | €289k | €278k | €254k | ▼ 8.6% |
| Stocks and contracts in progress3 | €22k | €110k | €83k | €83k | €78k | ▼ 5.1% |
| Stocks30/36 | €22k | €110k | €83k | €83k | €78k | ▼ 5.1% |
| Amounts receivable within one year40/41 | €187k | €119k | €177k | €56k | €83k | ▲ 49.0% |
| Trade receivables40 | €130k | €53k | €100k | €15k | €17k | ▲ 12.0% |
| Other amounts receivable41 | €57k | €66k | €77k | €41k | €66k | ▲ 62.6% |
| Cash at bank and in hand54/58 | €112k | €119k | €23k | €133k | €89k | ▼ 32.8% |
| Deferred charges and accrued income490/1 | €7k | €6k | €7k | €7k | €4k | ▼ 48.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €382k | €436k | €366k | €375k | €331k | ▼ 11.9% |
| Equity10/15 | €100k | €163k | €178k | €277k | €218k | ▼ 21.3% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €66k | €129k | €144k | €243k | €184k | ▼ 24.3% |
| Non-distributable reserves130/1 | €2k | - | - | - | - | - |
| Reserves not available under the articles1311 | €2k | - | - | - | - | - |
| Distributable reserves133 | €65k | €129k | €144k | €243k | €184k | ▼ 24.3% |
| Profit (loss) carried forward14 | €21k | €21k | €21k | €21k | €21k | = |
| Amounts payable17/49 | €282k | €273k | €189k | €98k | €113k | ▲ 14.8% |
| Amounts payable after more than one year17 | €113k | €119k | €111k | €14k | €54k | ▲ 278% |
| Financial debts170/4 | €113k | €119k | €111k | €14k | €54k | ▲ 278% |
| Amounts payable within one year42/48 | €169k | €154k | €78k | €84k | €59k | ▼ 30.1% |
| Current portion of amounts payable after more than one year42 | €18k | €13k | €8k | €19k | €15k | ▼ 19.2% |
| Trade debts44 | €113k | €97k | €37k | €23k | €16k | ▼ 29.1% |
| Suppliers440/4 | €113k | €97k | €37k | €23k | €16k | ▼ 29.1% |
| Taxes, remuneration and social security45 | €39k | €45k | €33k | €42k | €27k | ▼ 35.6% |
| Taxes450/3 | €25k | €32k | €16k | €25k | €14k | ▼ 43.1% |
| Remuneration and social security454/9 | €13k | €13k | €17k | €17k | €13k | ▼ 24.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €65k | €63k | €15k | €100k | €-59k | ▼ 159% |
| + Depreciation and write-downs630 | €9k | €16k | €19k | €26k | €31k | ▲ 20.7% |
| Operating cash flow (approximation) | €74k | €79k | €34k | €126k | €-28k | ▼ 122% |
| Investment in fixed assets (approximation) | - | €-44k | €-15k | €-46k | €-11k | ▲ 76.9% |
| Change in cash | - | €7k | €-96k | €110k | €-44k | ▼ 140% |
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
11-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-59k
Net result drops to €-59k, the lowest in the series.
21-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €100k ▲584%
Operating result €146k, net result €100k, both a record.
31-12
Financial
Equity above €200kEq €277k ▲56.1%
5 profitable years in a row build equity to €277k.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €150kEq €163k ▲62.6%
3 profitable years in a row build equity to €163k.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €100kEq €100k ▲181%
2 profitable years in a row build equity to €100k.
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €48k
Net result €48k after 2 loss-making years.
Show earlier events
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Aalst · 1 establishment unit since 2008
Ground area
2,170 m²
Building footprint
1,068 m²
Volume, LiDAR
5,660 m³
Parcel 41303D0075/00F000, Flanders · tallest building 28.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Toffly
since 20082.174.909.749
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41303D0075/00F000 | Flanders | 2,170 m² | 1 · 1,067 m² | 28.6 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.
Similar companies · same sector, comparable size
A-FRAMES
BE 0463.018.612
Bocholt · Eq €218,214
J.H. Montage
BE 0463.705.431
Arendonk · Eq €218,173
INTERVARIA
BE 0455.376.693
Puurs-Sint-Amands · Eq €218,153
Frank Interieur
BE 0548.799.175
Ingelmunster · Eq €218,289
R.B.N.
BE 0466.313.345
Rotselaar · Eq €218,469
Of 20,018 companies in sector 43320 we hold annual accounts for 9,132. 7,307 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
Founded26-11-2008
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
16230Manufacture of other builders' carpentry and joinery
Scores and ratios are computed by Checked and are not a credit decision.