TOK WORX
ActiveSummary
The computed 12-month bankruptcy probability of TOK WORX is 3.1% (moderate). The 2024 annual accounts show equity of €31k and a net result of €28k. Equity is growing by ~21.1% per year across the filed fiscal years. Its solvency ranks better than 87% of 36375 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 5.25 against 4.93 in 2023; short-term debt: 19% and cash: 72.6% of total assets), and 19% 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 · 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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
30 d late
2022
39 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€31k▼ 27.2%
2023 · €43k
2022: €18k
2023: €43k
2022 → 2024
Total assets
€39k▼ 28.3%
2023 · €54k
2022: €21k
2023: €54k
2022 → 2024
Net result
€28k▲ 14.5%
2023 · €25k
2022: €13k
2023: €25k
2022 → 2024
Working capital
€31k▼ 27.2%
2023 · €43k
2022: €18k
2023: €43k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€18k-€43k▲ 137%€31k▼ 27.2%
Operating result€17k-€31k▲ 87.9%€36k▲ 14.4%
Net result€13k-€25k▲ 88.5%€28k▲ 14.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 14% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €39k
Equity
€31k ▼ 27.2%
Debt
€7k ▼ 32.8%
Debt's share of the balance-sheet total falls from 20.3% to 19.0%. Equity and debt are lower.
Key figures and ratios
Current ratio
5.25▲
2023 · 4.93
Debt to equity
0.24▼
2023 · 0.25
ROE
90.9%▲
2023 · 57.9%
ROA
73.6%▲
2023 · 46.1%
Debt ≤ 1 year
€7k▼
2023 · €11k
Income taxes
€7k▲
2023 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 32 lines
Balance sheet
Code20232024
Assets
Total assets20/58€54k€39k▼
Current assets29/58€54k€39k▼
Amounts receivable within one year40/41€8k€11k▲
Trade receivables40€8k€10k▲
Other amounts receivable41-€580
Cash at bank and in hand54/58€46k€28k▼
Equity and liabilities
Total equity and liabilities10/49€54k€39k▼
Equity10/15€43k€31k▼
Contributions10/11€2k€2k=
Outside capital11€2k€2k=
Other1109/19€2k€2k=
Profit (loss) carried forward14€41k€29k▼
Amounts payable17/49€11k€7k▼
Amounts payable within one year42/48€11k€7k▼
Trade debts44€550-
Suppliers440/4€550-
Taxes, remuneration and social security45€10k€7k▼
Taxes450/3€10k€7k▼
Other amounts payable47/48-€239
Income statement
Code20232024
Other operating charges640/8€109€890▲
Gross operating margin9900€31k€36k▲
Operating profit (loss)9901€31k€36k▲
Financial charges65/66B€140€150▲
Recurring financial charges65€140€150▲
Profit (loss) for the period before taxes9903€31k€35k▲
Income taxes67/77€6k€7k▲
Profit (loss) for the period9904€25k€28k▲
Profit (loss) for the period to be appropriated9905€25k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€41k€69k▲
Profit (loss) brought forward from the previous period14P€16k€41k▲
Profit to be distributed694/7-€40k
Return on contributions (dividend)694-€40k
Timeline · acts, filings and financial milestones
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €28k ▲14.5%
Operating result €36k, net result €28k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
08-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 39 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, Antwerpen · 2 establishment units since 2020
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.
Van Kerckhovenstraat 132060 AntwerpenGround area
257 m²
Building footprint
148 m²
Volume, LiDAR
1,236 m³
2 parcels, Flanders · tallest building 13.8 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
X-Floors
since 20202.304.956.065
Cigköftem Noord
since 20252.370.326.741
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11422C0008/00E002 | Flanders | 169 m² | 1 · 59 m² | 8.9 m · 3 fl. |
| 11805E0212/00W014 | Flanders | 89 m² | 1 · 89 m² | 13.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.370.326.741
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BOLLAERT
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BE 0434.782.308
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RICOTEAM
BE 0502.678.942
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Of 914 companies in sector 43333 we hold annual accounts for 400. 306 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43333Wallpapering and laying of floor and wall coverings in other materials
56112Limited-service restaurants, excluding mobile food services
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43341Painting of buildings
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.