Turnover
≈ €230,000 estimated
The micro format states no turnover.
TOGAB
Lifetime
2 annual accounts with figures on one time axispeak €21,122 (2025)
€21,122▲ 3.9%
peak €13,352 (2024)
€4,681▼ 64.9%
peak €18,857 (2025)
€18,857▲ 31.4%
€76,368▲ 4.8%
Board1 name since 2023
1 directorGABRIELS Tom
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Result from €13,352 to €4,681Equity from €14,352 to €18,857Cash from €27,538 to €72,775
Key points
from the 2025 annual accountsChecked score
55
Fair
Financially stronger than 52% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.9%
01-2025: 5.3%▲ +0.4 percentage points vs 12-2024
02-2025: 5.2%▼ -0.1 percentage points vs 01-2025
03-2025: 5.1%▼ -0.1 percentage points vs 02-2025
04-2025: 5.5%▲ +0.4 percentage points vs 03-2025
05-2025: 5.6%▲ +0.1 percentage points vs 04-2025
06-2025: 5.6%● unchanged vs 05-2025highest value
07-2025: 2.7%▼ -2.9 percentage points vs 06-2025
08-2025: 2.7%● unchanged vs 07-2025
09-2025: 2.7%● unchanged vs 08-2025
10-2025: 2.7%● unchanged vs 09-2025
11-2025: 2.7%● unchanged vs 10-2025
12-2025: 2.7%● unchanged vs 11-2025
01-2026: 2.7%● unchanged vs 12-2025
02-2026: 2.7%● unchanged vs 01-2026
03-2026: 2.7%● unchanged vs 02-2026
04-2026: 2.8%▲ +0.1 percentage points vs 03-2026
05-2026: 2.9%▲ +0.1 percentage points vs 04-2026
06-2026: 2.9%● unchanged vs 05-2026
07-2026: 1.9%▼ -1.0 percentage point vs 06-2026lowest value
08-2026: 1.9%● unchanged vs 07-2026lowest value
09-2026: 1.9%● unchanged vs 08-2026
10-2026: 1.9%● unchanged vs 09-2026
11-2026: 1.9%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Founded in 2023
Size: total assets €95,225
lowers risk
Liquidity: current ratio 1.25, cash €72,775
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 56, micro). It does better than 41% of them on solvency, 60% on liquidity, 35% on profitability and 73% 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 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 2,542 companies had the same profile as TOGAB has now. Each dot stands for 7 companies, two years later.
95.0%
were still trading
1.2%
stopped another way
3.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of TOGAB itself: 1.9% 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 2,542 companies, not a prediction for TOGAB. 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 €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.25 (0.51 in 2024), below the usual 1.5. Short-term debt is 80.2% and cash 76.4% of total assets. 80.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 30-06-2026, 31 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
31 days early
2024
31 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 31 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0802119229
Incorporation
Founding capital of €1,000, 100 shares · Founder: GABRIELS Tom · Appointment: GABRIELS Tom (director) · published on 30-05-2023 · Gazette deed
First establishment
Tommelier, Nieuwstad 10, Antwerp
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as TOGAB: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €83,200 and €110,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 25-05-2023Normal situation
- Activity
- Full-service restaurantsNACE 56111and 7 others
- Establishment unit
- 2.345.520.7722000 Antwerp, since 25-05-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Annual accounts 2025
- €95,225▲ 9.1%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on TOGAB
The computed 12-month bankruptcy probability of TOGAB is 1.9% (moderate). The 2025 annual accounts show equity of €18,857 and a net result of €4,681.
Its solvency ranks better than 41% of 17,158 sector peers (NACE 56, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
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 TOGAB
- What is the company number of TOGAB?
- The company number of TOGAB is 0802.119.229. The VAT number is the same number with BE in front: BE 0802.119.229.
- Where is TOGAB based?
- The registered office is at Twee Netenstraat 66, 2060 Antwerp.Company details
- What does TOGAB do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of TOGAB?
- TOGAB is a private limited company (BV).
- When was TOGAB founded?
- TOGAB was founded on 25-05-2023.
- Is TOGAB still active?
- Yes, TOGAB is an active enterprise in the KBO register.
- What is the turnover of TOGAB?
- The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €21,122 and 89 comparable companies (NACE 56111). It probably lies between €110,000 and €450,000. It is a rough estimate.Financials
- Is TOGAB profitable?
- In financial year 2025, TOGAB made a profit of €4,681.
- Where can I find the annual accounts of TOGAB?
- TOGAB filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TOGAB due?
- TOGAB must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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