Equity
€462,675 ▲ 0.9%
TOFRI has made a profit without a break since 2020.
TOFRI
Lifetime
18 annual accounts with figures on one time axis, 25 filings since 1998peak €609,043 (2022)
€71,237▼ 69.1%
lowest -€371,493 (2019)
€3,915▼ 97.8%
peak €462,675 (2025)
€462,675▲ 0.9%
€372,603▲ 0.7%
peak 0.5 FTE (2011)
-not published
Board2 names since 1997
2 directorsVERVAECKE Peter and 1 other
Documentsfilings and deeds
13-02-202613 days late
2025micro format
Gross margin from €230,789 to €71,237Result from €179,040 to €3,915Cash from €135,390 to €29,845
Key points
from the 2025 annual accountsResult
€3,915 ▼ 97.8%
The result fell in 2025: the 2024 profit included a one-off income of €189,650.
Turnover
≈ €150,000 estimated
The micro format states no turnover.
Investments
€74,926 2.1 × depreciation
Green is investment, beige is depreciation.
Filings
25 annual accounts since 1998
Eight of the last ten came late. The 2019 accounts came latest: 45 days after the end of the period.
Position in the sector
€462,675
More equity than 87% of companies in head offices and management consultancy. Sector median €78,216 · 39,400 companies.
Checked score
93
Excellent
Financially stronger than 43% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: 0.1%▲ +0.1 percentage points vs 12-2024
02-2025: 0.2%▲ +0.1 percentage points vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025highest value
04-2025: < 0.1%▼ -0.2 percentage points vs 03-2025lowest value
05-2025: < 0.1%● unchanged vs 04-2025lowest value
06-2025: < 0.1%● unchanged vs 05-2025lowest value
07-2025: < 0.1%● unchanged vs 06-2025lowest value
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: 0.1%▲ +0.1 percentage points vs 09-2026
11-2026: < 0.1%▼ -0.1 percentage points vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 2.78, cash €29,845, halved
lowers risk
Size: total assets €835,278
Sector: Activities of head offices; management consultancy activities (NACE 70)
Equity €462,675 (55.4% of total assets)
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 70, micro). It does better than 51% of them on solvency, 44% on liquidity, 32% on profitability and 43% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as TOFRI has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TOFRI itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for TOFRI. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.78 (3.07 in 2024), above the usual 1.5. Short-term debt is 8.3% and cash 3.6% of total assets. 44.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 13 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 13-02-2026, 13 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
13 days late
2024
28 days late
2023
59 days early
2022
13 days late
2021
on the day
2020
16 days late
2019
45 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 8 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 13 February (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0462049602
Changes of role: VERVAECKE Peter (niet statutair bestuurder naamloze vennootschap) and WALRAET Ann (niet statutair bestuurder naamloze vennootschap)
Legal-form conversion: from partnership limited by shares to public limited company · Director discharge: VERVAECKE Peter · Director discharge: WALRAET Ann · General meeting of 15-12-2023 · Gazette deed
Registered office moved within Ronse
New registered office: Saint-Sauveurstraat 63/0001 te 9600 Ronse · Previous registered office: Rozenaaksesteenweg 60, 9600 Ronse · General meeting of 21-02-2022 · Gazette deed
First establishment
TOFRI NV, Saint-Sauveurstraat 63, Ronse
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TOFRI Ronse | €835,278 | €71,237 | 55.4% | - |
| DC CONSULT Laarne | €742,690 | €72,030 | 90.3% | - |
| UNITAL Wortegem-Petegem | €742,746 | €70,313 | 92.4% | - |
| FLOCOM Oudenaarde | €767,562 | €80,119 | 46.1% | - |
| AVOT Ghent | €731,540 | €64,674 | 88.6% | - |
| CONTRA Deinze | €800,857 | €73,184 | 39.5% | - |
| MAKING WOOPY Boussu | €822,687 | €71,583 | 32.6% | - |
These companies have the same main activity as TOFRI: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €732,000 and €823,000, founded between 1992 and 1999.
Official details
Source: KBO- Status
- Active since 05-12-1997Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Joint committee
- 100Auxiliary committee for blue-collar workers · annual accounts 30-06-2023
- Establishment unit
- 2.084.609.5789600 Ronse, since 16-12-1997
- Financial year end
- 30 June
- Peppol
- Reachable since 12-02-2026
Insights on TOFRI
TOFRI files the micro format. That format states no turnover. The gross margin fell from €88,631 in 2007 to €71,237 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TOFRI
- What is the company number of TOFRI?
- The company number of TOFRI is 0462.049.602. The VAT number is the same number with BE in front: BE 0462.049.602.
- Where is TOFRI based?
- The registered office is at Saint-Sauveurstraat 63, 9600 Ronse.Company details
- What does TOFRI do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of TOFRI?
- TOFRI is a public limited company (NV).
- When was TOFRI founded?
- TOFRI was founded on 05-12-1997.
- Is TOFRI still active?
- Yes, TOFRI is an active enterprise in the KBO register.
- Which joint committee does TOFRI fall under?
- In its 30-06-2023 annual accounts, TOFRI states joint committee 100 (Auxiliary committee for blue-collar workers).
- What is the turnover of TOFRI?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €71,237 and 120 comparable companies (NACE 70200). It probably lies between €110,000 and €180,000.Financials
- Is TOFRI profitable?
- In financial year 2025, TOFRI made a profit of €3,915.
- Where can I find the annual accounts of TOFRI?
- TOFRI filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TOFRI due?
- TOFRI must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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