TOITURE MASTER
ActiveThe computed 12-month bankruptcy probability of TOITURE MASTER is 4.4% (elevated). The 2024 annual accounts show equity of €60k and a net result of €20k. Equity is growing by ~24.5% per year across the filed fiscal years. Its solvency ranks better than 90% of 3549 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+39
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
4.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Liquidity ample (current ratio 4.43 against 1.56 in 2023; short-term debt: 20.3% and cash: 74.2% of total assets), and 20.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 27-08-2025, 27 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
28 d early
2022
29 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€20k▼ 73.9%
2023 · €77k
2022: €25k
2023: €77k
2022 → 2024
Working capital
€52k▼ 18.0%
2023 · €63k
2022: €22k
2023: €63k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€30k-€64k▲ 111%€60k▼ 6.9%
Operating result€32k-€97k▲ 200%€36k▼ 62.2%
Net result€25k-€77k▲ 204%€20k▼ 73.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 62% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €75k
Fixed assets
€8k▲ 975%
Current assets
€67k▼ 61.8%
Equity and liabilities €75k
Equity
€60k▼ 6.9%
Debt
€15k▼ 86.5%
The debt ratio falls from 63.7% to 20.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€40k▼
2023 · €98k
Cash flow
€23k▼
2023 · €78k
Solvency
79.7%▲
2023 · 36.3%
Current ratio
4.43▲
2023 · 1.56
Quick ratio
4.43▲
2023 · 1.56
Debt / equity
0.25▼
2023 · 1.75
ROE
33.8%▼
2023 · 120.4%
ROA
26.9%▼
2023 · 43.7%
Interest coverage
33.37▼
2023 · 1618.98
Debt
€15k▼
2023 · €112k
Debt ≤ 1 year
€15k▼
2023 · €112k
Income taxes
€15k▼
2023 · €19k
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€177k€75k▼
Fixed assets21/28€716€8k▲
Tangible fixed assets22/27€716€7k▲
Furniture and vehicles24€716€7k▲
Financial fixed assets28-€465
Current assets29/58€176k€67k▼
Amounts receivable within one year40/41€174k€12k▼
Trade receivables40€44k€8k▼
Other amounts receivable41€131k€3k▼
Cash at bank and in hand54/58€2k€56k▲
Equity and liabilities
Total equity and liabilities10/49€177k€75k▼
Equity10/15€64k€60k▼
Contributions10/11€6k€5k▼
Capital10€6k-
Issued capital100€19k-
Uncalled capital101€12k-
Outside capital11-€5k
Other1109/19-€5k
Profit (loss) carried forward14€58k€55k▼
Amounts payable17/49€112k€15k▼
Amounts payable within one year42/48€112k€15k▼
Trade debts44€82k€302▼
Suppliers440/4€82k€302▼
Taxes, remuneration and social security45€31k€15k▼
Taxes450/3€31k€15k▼
Other amounts payable47/48-€49
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€933€3k▲
Gross operating margin9900€98k€40k▼
Operating profit (loss)9901€97k€36k▼
Financial charges65/66B€60€1k▲
Recurring financial charges65€60€1k▲
Profit (loss) for the period before taxes9903€97k€35k▼
Income taxes67/77€19k€15k▼
Profit (loss) for the period9904€77k€20k▼
Profit (loss) for the period to be appropriated9905€77k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€58k€55k▼
Profit (loss) brought forward from the previous period14P€-19k€35k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €20k ▼73.9%
Net result drops to €20k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 4.43
Current ratio from 1.56 to 4.43; short-term debt falls from €112k to €15k.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2022net €77k ▲204%
Operating result €97k, net result €77k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Koekelberg · 1 establishment unit since 2021
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.
Pantheonlaan 881081 KoekelbergGround area
946 m²
Building footprint
483 m²
Volume, LiDAR
9,757 m³
Parcel 21011A0040/00A013, Brussels · tallest building 23.5 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
TOITURE MASTER
since 20212.330.438.955
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21011A0040/00A013 | Brussels | 946 m² | 1 · 482 m² | 23.5 m · 7 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
PROMO CONCEPT
BE 0673.969.361
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DT Dakwerken
BE 0795.752.564
Deerlijk · Eq €60k
THAIRET TOITURES FRERES
BE 0794.965.082
Dinant · Eq €60k
OPOP
BE 0777.344.934
Chastre · Eq €60k
ARC TOITURES
BE 0806.427.613
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Of 8,563 companies in sector 43410 we hold annual accounts for 4,355. 3,734 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-10-2021
Fiscal year end31-12
Activities, NACEBEL
43410Roofing work
43230Insulation installation
43291Specialised construction activities
43421Specialised construction activities
43990Other specialised construction activities
43992Specialised construction activities
43994Specialised construction activities
43995Specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.