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TOITURE MG

Active
Private limited companyfounded 2019active for 7 yearsRue Jacqmain Léopold 74, 6040 Charleroi, BelgiumKBO/BCE: BE 0718.632.814
Summary

The computed 12-month bankruptcy probability of TOITURE MG is 4.7% (elevated). The 2024 annual accounts show equity of €214,281 and a net result of €35,023, of which €27,600 non-recurring income. Equity has been growing by about 91% per year since 2019. Its solvency ranks better than 72% of 35,969 sector peers (NACE 43, financial year 2024). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 14-01-2019 Normal situation
Activity
Roofing work NACE 43410
Establishment unit
2.283.745.927 6040 Charleroi, since 14-01-2019
Financial year end
31 December
Peppol
Reachable since 12-12-2025

Board and ownership

Board

Financial position

41 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.7%
Annual accounts 2024
Gross margin
€149,455
▼ 21.6%
Turnover
≈ €490,000
estimated
Profit
€35,023
▼ 54.1%
Equity
€214,281
▲ 19.5%
Total assets
€321,287
▲ 11.7%
Employees on 31-12-2024
2
=
  • 2025 accounts not filed, 95 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 28-08-2025)1 change of registered office in 24 months1 financial year not filed after the legal deadline; last filed accounts filed 27 days late; 2 of the last 3 accounts latelowers riskLiquidity: current ratio 1.82, cash €112,730Show the evidence

Checked score

Score 2024
41 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 70% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2023
Strong
Solvency 92+5
equity 66.7% of total assets
Liquidity 79-1
short-term debt 33.3% · cash 35.1%
Profitability 82-18
return on assets 10.9%
Bankruptcy probability within 12 months
4.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 0.7% 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.6%▼ -0.1 percentage points vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025lowest value 08-2025: 2.0%▲ +1.4 percentage points vs 07-2025 09-2025: 1.2%▼ -0.8 percentage points vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.1%▼ -0.1 percentage points vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.2%▲ +0.1 percentage points vs 03-2026 05-2026: 1.3%▲ +0.1 percentage points vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 2.1%▲ +0.8 percentage points vs 07-2026 09-2026: 2.4%▲ +0.3 percentage points vs 08-2026 10-2026: 4.7%▲ +2.3 percentage points vs 09-2026highest value 11-2026: 4.7%● unchanged vs 10-2026highest value
Credit of up to €8,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 1.82 (1.81 in 2023), above the usual 1.5. Short-term debt is 33.3% and cash 35.1% of total assets. 33.3% of the assets are financed with debt and provisions.
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 43, micro). It does better than 73% of them on solvency, 77% on liquidity, 64% on profitability and 67% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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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 · Figures for financial year 2024 (filed on 28-08-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 27 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Liquidity: current ratio 1.82, cash €112,730
NBB · annual accounts
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, 95 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline03-11-2026 today
raises risk · 2024 accounts filed 27 days late
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. 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 filings
Deviation from the deadline
2025
not filed
2024
27 days late
2023
31 days late
2022
65 days late
2021
283 days late
2020
31 days late
2019
119 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 93 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 85% of companies in specialised constructionsector median €58,292 · 35,986 companies €214,281 View

Recent changes

  1. · Gazette deed Registered office moved from Lodelinsart to JumetNew seat: Rue Léopold Jacqmain nr 74 à 6040 Jumet · Previous seat: Rue des Déportés 173, 6042 Lodelinsart, Belgique · Resignation: Marc Gérard (director)
  2. · Gazette deed Resignation: Thierry Dendooven (director)
  3. · Gazette deed Change of role: Gérard Marc, from manager to directorAppointment: Thierry DENDOOVEN (director)
All 15 events

Comparable companies

These companies have the same main activity as TOITURE MG: roofing work (NACE 43410). They are comparable in size and age: total assets between €266,000 and €360,000, founded between 2018 and 2019.

CompanyTotal assetsGross margin
TOITURE MG Charleroi€321,287€149,455
RM CARRIERO Courcelles€266,237€148,133
Dakwerken Stroobandt Stekene€296,364€148,320
DEVILTON Pajottegem€329,116€145,646
R & L Dakwerken Pelt€359,904€161,107
Dakwerken Proof Kortrijk€290,602€163,362
Bull Proof Edegem€340,763€178,191
Full comparison

Key facts about TOITURE MG

What is the company number of TOITURE MG?
The company number of TOITURE MG is 0718.632.814. The VAT number is the same number with BE in front: BE 0718.632.814.
Where is TOITURE MG based?
The registered office is at Rue Jacqmain Léopold 74, 6040 Charleroi.Company details
What does TOITURE MG do?
According to the KBO register, the main activity is roofing work (NACE 43410).
What is the legal form of TOITURE MG?
The legal form of TOITURE MG is Private limited company (BV).
When was TOITURE MG founded?
TOITURE MG was founded on 14-01-2019.
Is TOITURE MG still active?
Yes, TOITURE MG is an active enterprise in the KBO register.
How many employees does TOITURE MG have?
TOITURE MG had an average of 2.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of TOITURE MG?
The turnover in financial year 2024 is ≈ €490,000. This figure is estimated from the gross margin of €149,455 and 235 comparable companies (NACE 43). It probably lies between €370,000 and €690,000.
Is TOITURE MG profitable?
In financial year 2024, TOITURE MG made a profit of €35,023.
Where can I find the annual accounts of TOITURE MG?
TOITURE MG filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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