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Tofsport

Active
Non-profit associationfounded 199333 yrs activeProfessor Van Overstraetenplein 1, 3000 Leuven, BelgiumKBO/BCE: BE 0450.965.569

Tofsport has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €391k and a net result of €-48k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 84% of 419 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2025
77 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8▼-5
Solvency97▲+13
Growth52=
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 3.42 against 4.04 in 2024; short-term debt: 28.3% and cash: 94.6% of total assets), and 28.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 33 years 0 40 y
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year €-48k
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 22-07-2026, 9 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
9 d early
2024
6 d early
2023
19 d early
2022
20 d early
2021
39 d early
2020
2 d late
2019
31 d late
← before the deadline after the deadline →
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 months
Position in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-48k▼ 52.2%
2024 · €-31k
2019: €33k 2020: €8k 2021: €322k 2022: €-164k 2023: €8k 2024: €-31k
2019 → 2025
Working capital
€374k▼ 32.3%
2024 · €552k
2019: €284k 2020: €290k 2021: €610k 2022: €447k 2023: €458k 2024: €552k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€623k-€459k▼ 26.3%€467k▲ 1.6%€435k▼ 6.7%€391k▼ 10.1%
Operating result€330k-€-160k€8k€-31k€-48k▼ 55.7%
Net result€322k-€-164k€8k€-31k€-48k▼ 52.2%
Result per fiscal year
Operating resultNet result
€-200k€0€200k€400kOperating result 2021: €330k€330kNet result 2021: €322k€322kOperating result 2022: €-160k€-160kNet result 2022: €-164k€-164kOperating result 2023: €8k€8kNet result 2023: €8k€8kOperating result 2024: €-31k€-31kNet result 2024: €-31k€-31kOperating result 2025: €-48k€-48kNet result 2025: €-48k€-48k20212022202320242025
The operating result stays negative: a loss of €48k in 2025 against €31k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €546k
Fixed assets €18k▲ 155%
Current assets €528k▼ 28.0%
Equity and liabilities €546k
Equity €391k▼ 10.1%
Debt €155k▼ 49.4%
The debt ratio falls from 41.2% to 28.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-41k
2024 · €-28k
Cash flow
€-41k
2024 · €-28k
Solvency
71.7%
2024 · 58.8%
Current ratio
3.42
2024 · 4.04
Quick ratio
3.42
2024 · 4.04
Debt / equity
0.40
2024 · 0.70
ROE
-12.2%
2024 · -7.2%
ROA
-8.7%
2024 · -4.2%
Interest coverage
-199.41
2024 · -110.33
Debt
€155k
2024 · €305k
Debt ≤ 1 year
€155k
2024 · €182k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€741k€546k
Fixed assets21/28€7k€18k
Tangible fixed assets22/27€5k€16k
Plant, machinery and equipment23€5k€16k
Financial fixed assets28€2k€2k=
Current assets29/58€734k€528k
Amounts receivable within one year40/41€103k€7k
Trade receivables40€7k€7k
Other amounts receivable41€96k€0
Cash at bank and in hand54/58€625k€517k
Deferred charges and accrued income490/1€6k€5k
Equity and liabilities
Total equity and liabilities10/49€741k€546k
Equity10/15€435k€391k
Contributions10/11€104k€104k=
Capital10€104k€104k=
Profit (loss) carried forward14€332k€284k
Investment grants15-€4k
Amounts payable17/49€305k€155k
Amounts payable within one year42/48€182k€155k
Trade debts44€78k€152k
Suppliers440/4€78k€152k
Advances received on contracts in progress46€100k€0
Taxes, remuneration and social security45€1k€839
Taxes450/3€1k€839
Accrued charges and deferred income492/3€124k€0
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€7k
Gross operating margin9900€-28k€-41k
Operating profit (loss)9901€-31k€-48k
Financial income75/76B-€912
Recurring financial income75-€912
Financial charges65/66B€250€207
Recurring financial charges65€250€207
Profit (loss) for the period before taxes9903€-31k€-48k
Profit (loss) for the period9904€-31k€-48k
Profit (loss) for the period to be appropriated9905€-31k€-48k
Appropriation of the result
Profit (loss) to be appropriated9906€332k€284k
Profit (loss) brought forward from the previous period14P€363k€332k

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
25-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Back to profitnet €8k
Net result €8k after one loss-making year.
11-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Weakest financial yearnet €-164k ▼151%
Net result drops to €-164k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity quadruplescurrent ratio 23.06
Current ratio from 5.15 to 23.06; short-term debt falls from €147k to €20k.
22-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Highest result since 2019net €322k ▲3837%
Operating result €330k, net result €322k, both a record.
31-12
Financial Liquidity quadruplescurrent ratio 5.15
Current ratio from 1.39 to 5.15; short-term debt falls from €747k to €147k.
31-12
Financial Equity above €500kEq €623k ▲107%
3 profitable years in a row build equity to €623k.
02-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 2 days late
2020
31-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 4 entries · 37,829 EUR awarded · 37,829 EUR paid
Year Entries awardedpaid
2025 1 15,000 EUR15,000 EUR
2024 2 14,895 EUR14,895 EUR
2023 1 7,934 EUR7,934 EUR
Schemes
Subsidies voor samenwerkingsverbanden tussen 2 of meer lokale besturen
3 entries · 37,764 EUR · 37,764 EUR paid · SPORT VLAANDEREN
Subsidies jeugdhulp
1 entry · 65 EUR · 65 EUR paid · Opgroeien regie

Similar companies · same sector, comparable size

Of 3,292 companies in sector 93110 we hold annual accounts for 1,492. 1,059 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formNon-profit association
Founded08-07-1993
Fiscal year end31-12
Activities, NACEBEL
93110Operation of sports facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filings

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.