Debts
€12,486 95% of the balance sheet
Suppliers 62%Taxes and wages 38%
TOHFA
Lifetime
6 annual accounts with figures on one time axispeak €56,676 (2024)
€56,676▲ 10.5%
lowest -€9,875 (2020)
€2,499▼ 79.2%
peak €619 (2024)
€619▲ €2,499
€12,486▲ 77.1%
Board1 name since 2019
1 directorMAOU Lahbib
Documentsfilings and deeds
10-09-202541 days late
2024micro format
Gross margin from €14,504 to €5,586Result from €12,031 to €2,499Equity from -€1,881 to €619Debts from €7,052 to €12,486Cash from €1,466 to €10,419
Key points
from the 2024 annual accountsPayment terms
56 days to suppliers
TOHFA pays its suppliers 28 days later than in 2023. Customers pay 4 days earlier.
Filings
6 annual accounts 102 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Checked score
49
Fair
Financially stronger than 58% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
4.2% Elevated
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 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.8%
01-2025: 3.9%▲ +0.1 percentage points vs 12-2024
02-2025: 4.1%▲ +0.2 percentage points vs 01-2025
03-2025: 4.0%▼ -0.1 percentage points vs 02-2025
04-2025: 4.1%▲ +0.1 percentage points vs 03-2025
05-2025: 3.7%▼ -0.4 percentage points vs 04-2025
06-2025: 3.4%▼ -0.3 percentage points vs 05-2025
07-2025: 3.4%● unchanged vs 06-2025
08-2025: 4.1%▲ +0.7 percentage points vs 07-2025
09-2025: 4.4%▲ +0.3 percentage points vs 08-2025highest value
10-2025: 2.5%▼ -1.9 percentage points vs 09-2025
11-2025: 2.5%● unchanged vs 10-2025
12-2025: 2.5%● unchanged vs 11-2025
01-2026: 2.5%● unchanged vs 12-2025
02-2026: 2.6%▲ +0.1 percentage points vs 01-2026
03-2026: 2.5%▼ -0.1 percentage points vs 02-2026
04-2026: 2.6%▲ +0.1 percentage points vs 03-2026
05-2026: 2.5%▼ -0.1 percentage points vs 04-2026
06-2026: 2.4%▼ -0.1 percentage points vs 05-2026lowest value
07-2026: 2.4%● unchanged vs 06-2026
08-2026: 3.0%▲ +0.6 percentage points vs 07-2026
09-2026: 3.2%▲ +0.2 percentage points vs 08-2026
10-2026: 4.2%▲ +1.0 percentage point vs 09-2026
11-2026: 4.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Figures for financial year 2024 (filed on 12-09-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 41 days late; 2 of the last 3 accounts late
Founded in 2019
lowers risk
Liquidity: current ratio 1.05, cash €10,419
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 29% of them on solvency, 49% on liquidity, 73% on profitability and 79% 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 31-12-2024.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% 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, 2,153 companies had the same profile as TOHFA has now. Each dot stands for 6 companies, two years later.
96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
The bankruptcy probability of TOHFA itself is higher: 4.2% within 12 months. It rests on far more data about TOHFA than the profile alone.
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 2,153 companies, not a prediction for TOHFA. 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
No publishable credit limit, so credit only on tighter terms
Liquidity is tight, with a current ratio of 1.05 (0.73 in 2023), below the usual 1.5. Short-term debt is 95.3% and cash 79.5% of total assets. 95.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 6 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 41 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-09-2025, 41 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 · 6 filingsDeviation from the deadline
2025
not filed
2024
41 days late
2023
50 days late
2022
18 days early
2021
50 days late
2020
52 days late
2019
96 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 45 days after 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 (1)
Recent changes
Change of role: MAOU Lahbib, from manager to director
General meeting of 19-05-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0719812452
Legal-form change · Resignations & appointments
Transfer of shares from Bouzaghar Mounir to Maou Lahbib · General meeting of 28-11-2019 · Gazette deed
First establishment
Schoolstraat 49, Molenbeek-Saint-Jean
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TOHFA Molenbeek-Saint-Jean | €56,676 | 6.9% | 4.7% | - |
| M.A Anderlecht | €30,590 | 11.0% | 71.5% | - |
| LA SIRENE DU SAHEL Brussels | €28,852 | 8.9% | -67.7% | - |
| PARK CAFE Anderlecht | - | - | 62.6% | - |
| CAFE RUDINA Brussels | - | - | 40.6% | - |
| LE DREAM 22 Machelen (Brab.) | - | - | 84.6% | - |
| Graan Zandhoven | - | - | -203.7% | - |
Grey: the largest companies of the sector (food and beverage service (NACE 56)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as TOHFA: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €9,940 and €17,000, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 05-02-2019Normal situation
- Activity
- Cafés and barsNACE 56301
- Establishment unit
- 2.290.929.9641080 Molenbeek-Saint-Jean, since 05-07-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 25-12-2025
Insights on TOHFA
TOHFA has existed since 2019. Turnover grew from €30,282 in 2019 to €56,676 in 2024.
Solvency rose in 2024 from -36.4% to 4.7% because of the retained profit.
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 TOHFA
- What is the company number of TOHFA?
- The company number of TOHFA is 0719.812.452. The VAT number is the same number with BE in front: BE 0719.812.452.
- Where is TOHFA based?
- The registered office is at Schoolstraat 49, 1080 Molenbeek-Saint-Jean.Company details
- What does TOHFA do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of TOHFA?
- TOHFA is a private limited company (BV).
- When was TOHFA founded?
- TOHFA was founded on 05-02-2019.
- Is TOHFA still active?
- Yes, TOHFA is an active enterprise in the KBO register.
- What is the turnover of TOHFA?
- The turnover of TOHFA was €56,676 in financial year 2024, according to the filed annual accounts.Financials
- Is TOHFA profitable?
- In financial year 2024, TOHFA made a profit of €2,499.
- Where can I find the annual accounts of TOHFA?
- TOHFA filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
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