TOITURE M&CO
ActiveThe computed 12-month bankruptcy probability of TOITURE M&CO is 2.0% (moderate). The 2024 annual accounts show equity of €52k and a net result of €4k. Equity is growing by ~19.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 36375 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability62▼-22
Solvency100=
Growth78▲+2
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 11.74 against 49.52 in 2023; short-term debt: 8.3% and cash: 70.3% of total assets), and 8.3% 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.
+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
10 d late
2022
17 d early
2021
31 d late
2020
30 d late
2019
77 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€257k▲ 19.0%
2023 · €216k
2018: €121k
2019: €112k
2020: €169k
2021: €127k
2022: €191k
2023: €216k
2018 → 2024
EBIT margin
2.3%▼ 5.0pp
2023 · 7.2%
2018: 2.1%
2019: 2.7%
2020: 2.3%
2021: 0.0%
2022: 5.0%
2023: 7.2%
2018 → 2024
Net result
€4k▼ 68.1%
2023 · €13k
2018: €1k
2019: €2k
2020: €3k
2021: €3k
2022: €9k
2023: €13k
2018 → 2024
Working capital
€51k▲ 105%
2023 · €25k
2018: €20k
2019: €23k
2020: €28k
2021: €24k
2022: €10k
2023: €25k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€169k-€127k▼ 24.7%€191k▲ 49.9%€216k▲ 13.0%€257k▲ 19.0%
Equity€24k-€27k▲ 10.6%€36k▲ 32.3%€48k▲ 35.6%€52k▲ 8.4%
Operating result€4k-€32▼ 99.2%€10k▲ 30,088%€16k▲ 62.6%€6k▼ 62.8%
Net result€3k-€3k▼ 11.6%€9k▲ 237%€13k▲ 45.7%€4k▼ 68.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 63% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €57k
Fixed assets
€2k▼ 93.2%
Current assets
€56k▲ 120%
Equity and liabilities €57k
Equity
€52k▲ 8.4%
Debt
€5k▲ 827%
The debt ratio rises from 1.0% to 8.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€7k▼
2023 · €18k
Cash flow
€5k▼
2023 · €15k
Solvency
91.7%▼
2023 · 99.0%
Current ratio
11.74▼
2023 · 49.52
Quick ratio
11.74▼
2023 · 49.52
Debt / equity
0.09▲
2023 · 0.01
ROE
7.7%▼
2023 · 26.2%
ROA
7.1%▼
2023 · 26.0%
Interest coverage
58.16▲
2023 · 37.10
Debt
€5k▲
2023 · €511
Debt ≤ 1 year
€5k▲
2023 · €511
Income taxes
€4k▲
2023 · €2k
Staff costs
€1k▼
2023 · €2k
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€49k€57k▲
Fixed assets21/28€24k€2k▼
Tangible fixed assets22/27€24k€2k▼
Land and buildings22€23k-
Furniture and vehicles24€1k€2k▲
Financial fixed assets28€25€25=
Current assets29/58€25k€56k▲
Amounts receivable within one year40/41€19k€15k▼
Trade receivables40€4k€4k▼
Other amounts receivable41€15k€11k▼
Cash at bank and in hand54/58€6k€40k▲
Equity and liabilities
Total equity and liabilities10/49€49k€57k▲
Equity10/15€48k€52k▲
Contributions10/11€19k€19k=
Outside capital11€19k-
Share premium1100/10€19k-
Profit (loss) carried forward14€30k€34k▲
Amounts payable17/49€511€5k▲
Amounts payable within one year42/48€511€5k▲
Trade debts44€285€290▲
Suppliers440/4€285€290▲
Advances received on contracts in progress46-€4k
Taxes, remuneration and social security45€225€225=
Taxes450/3€225€225=
Income statement
Code20232024
Turnover70€216k€257k▲
Goods, raw materials, services and sundry goods60/61€190k€249k▲
Remuneration, social security and pensions62€2k€1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€6k€5k▼
Gross operating margin9900€26k€13k▼
Operating profit (loss)9901€16k€6k▼
Financial income75/76B€43€2k▲
Recurring financial income75€43€42▼
Non-recurring financial income76B€43€2k▲
Financial charges65/66B€784€117▼
Recurring financial charges65€484€117▼
Non-recurring financial charges66B€300-
Profit (loss) for the period before taxes9903€15k€8k▼
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€13k€4k▼
Profit (loss) for the period to be appropriated9905€13k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€34k▲
Profit (loss) brought forward from the previous period14P€17k€30k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
10-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 10 days late
2023
31-12
Financial
Highest result since 2018net €13k ▲45.7%
Operating result €16k, net result €13k, both a record.
31-12
Financial
Liquidity times 6current ratio 49.52
Current ratio from 7.75 to 49.52; short-term debt falls from €1k to €511.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Liquidity quadruplescurrent ratio 19.62
Current ratio from 5.47 to 19.62; short-term debt falls from €6k to €1k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
16-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 77 days late
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 126 days late
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 122 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Vorst · 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.
Oude Vijversstraat 401190 VorstGround area
1,894 m²
Building footprint
682 m²
Volume, LiDAR
5,046 m³
Parcel 21382C0028/00G003, Brussels · tallest building 8.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
TOITURE M&CO
since 20152.247.450.705
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21382C0028/00G003 | Brussels | 1,894 m² | 1 · 682 m² | 8.8 m · 3 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.
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Of 8,560 companies in sector 43410 we hold annual accounts for 4,351. 3,690 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-07-2015
Fiscal year end31-12
Activities, NACEBEL
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.