TOGMM
ActiveTOGMM has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €395k and a net result of €51k. Equity is growing by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 40% of 1633 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-21
Solvency62▼-19
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days only on tighter terms
Liquidity tight (current ratio 1.18 against 2.63 in 2023; short-term debt: 57.5% and cash: 12% of total assets), and 62.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 33
Relative position
BE, all sectors
reference
Sector 33
higher
← 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
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-12-2025, 131 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
131 d late
2023
61 d late
2022
332 d late
2021
75 d late
2020
88 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€395k▲ 14.9%
2023 · €344k
2018: €111k
2019: €114k
2020: €142k
2021: €117k
2022: €209k
2023: €344k
2018 → 2024
Total assets
€1.06M▲ 73.9%
2023 · €611k
2018: €210k
2019: €192k
2020: €235k
2021: €295k
2022: €403k
2023: €611k
2018 → 2024
Net result
€51k▼ 62.0%
2023 · €135k
2018: €88k
2019: €2k
2020: €28k
2021: €-25k
2022: €92k
2023: €135k
2018 → 2024
Working capital
€108k▼ 65.4%
2023 · €313k
2018: €102k
2019: €113k
2020: €139k
2021: €191k
2022: €217k
2023: €313k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€142k-€117k▼ 17.7%€209k▲ 79.0%€344k▲ 64.8%€395k▲ 14.9%
Operating result€45k-€-6k€143k€214k▲ 49.7%€122k▼ 42.9%
Net result€28k-€-25k€92k€135k▲ 46.8%€51k▼ 62.0%
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 2024; 2024 is 43% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.06M
Fixed assets
€343k▲ 223%
Current assets
€719k▲ 42.5%
Equity and liabilities €1.06M
Equity
€395k▲ 14.9%
Debt
€667k▲ 150%
The debt ratio rises from 43.7% to 62.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€185k▼
2023 · €230k
Cash flow
€114k▼
2023 · €152k
Solvency
37.2%▼
2023 · 56.3%
Current ratio
1.18▼
2023 · 2.63
Quick ratio
1.18▼
2023 · 2.63
Debt / equity
1.69▲
2023 · 0.78
ROE
13.0%▼
2023 · 39.3%
ROA
4.8%▼
2023 · 22.1%
Interest coverage
26.05▼
2023 · 29.18
Debt
€667k▲
2023 · €267k
Debt ≤ 1 year
€611k▲
2023 · €192k
Debt > 1 year
€56k▼
2023 · €75k
Income taxes
€33k▼
2023 · €70k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€611k€1.06M▲
Fixed assets21/28€106k€343k▲
Tangible fixed assets22/27€106k€343k▲
Plant, machinery and equipment23€53k€255k▲
Furniture and vehicles24€5k€1k▼
Other tangible fixed assets26€48k€87k▲
Financial fixed assets28€434€434=
Current assets29/58€505k€719k▲
Amounts receivable after more than one year29€370k€370k=
Other amounts receivable291€370k€370k=
Amounts receivable within one year40/41€124k€222k▲
Trade receivables40€57k€222k▲
Other amounts receivable41€68k-
Cash at bank and in hand54/58-€127k
Deferred charges and accrued income490/1€10k-
Equity and liabilities
Total equity and liabilities10/49€611k€1.06M▲
Equity10/15€344k€395k▲
Contributions10/11€6k€6k=
Reserves13€338k€389k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€336k€387k▲
Amounts payable17/49€267k€667k▲
Amounts payable after more than one year17€75k€56k▼
Financial debts170/4€75k€56k▼
Amounts payable within one year42/48€192k€611k▲
Current portion of amounts payable after more than one year42€18k€19k▲
Financial debts43€756-
Credit institutions430/8€756-
Trade debts44€51k€342k▲
Suppliers440/4€51k€342k▲
Taxes, remuneration and social security45€122k€158k▲
Taxes450/3€122k€158k▲
Other amounts payable47/48-€93k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€63k▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€234k€190k▼
Operating profit (loss)9901€214k€122k▼
Financial income75/76B€12€4▼
Recurring financial income75€12€4▼
Financial charges65/66B€8k€38k▲
Recurring financial charges65€8k€7k▼
Non-recurring financial charges66B-€31k
Profit (loss) for the period before taxes9903€206k€84k▼
Income taxes67/77€70k€33k▼
Profit (loss) for the period9904€135k€51k▼
Profit (loss) for the period to be appropriated9905€135k€51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€135k€51k▼
Transfer to equity691/2€135k€51k▼
To other reserves6921€135k€51k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 131 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 332 days late
2023
31-12
Financial
Highest result since 2018net €135k ▲46.8%
Operating result €214k, net result €135k, both a record.
2022
31-12
Financial
Back to profitnet €92k
Net result €92k after one loss-making year.
31-12
Financial
Equity above €200kEq €209k ▲79%
Equity rises from €117k to €209k.
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
31-12
Financial
Weakest financial yearnet €-25k ▼189%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
05-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 189 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
18-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 140 days late
2016
15-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 46 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Zemst · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Tervuursesteenweg 6101982 ZemstGround area
125 m²
Building footprint
115 m²
Volume, LiDAR
560 m³
Parcel 23018E0023/00W003, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TOGMM BV
since 20152.301.298.274
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23018E0023/00W003 | Flanders | 125 m² | 1 · 115 m² | 6.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
WILLE HOREN
BE 0501.789.413
Boom · Eq €384k
LOCK CONTROL
BE 0681.642.160
Londerzeel · Eq €369k
SOCIETE POMPES MOTEURS BUZE
BE 0896.374.723
Manage · Eq €444k
DAVACO
BE 0478.838.322
Dilsen-Stokkem · Eq €344k
SORTALENS
BE 0673.700.236
Lier · Eq €493k
Of 174 companies in sector 33190 we hold annual accounts for 62. 43 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded22-01-2015
Fiscal year end31-12
Activities, NACEBEL
33190Repair, maintenance and installation of machinery and equipment
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
45310
46140Agents in the wholesale of industrial machinery, ships and aircraft
46720Wholesale of motor vehicle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.