TOKA Solutions
ActiveSummary
TOKA Solutions has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €851k and a net result of €127k. Equity is growing by ~18.4% per year across the filed fiscal years. Its solvency ranks better than 81% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-2
Solvency100▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 11.39 against 11.43 in 2024; short-term debt: 6.2% and cash: 46.5% of total assets), and 23.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
76.4%
Return on assets
11.4%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 12-03-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
37 d early
2023
46 d early
2022
51 d early
2021
45 d early
2020
38 d early
2019
35 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€851k▲ 8.3%
2024 · €786k
2018: €225k
2019: €290k
2020: €373k
2021: €461k
2022: €561k
2023: €655k
2024: €786k
2018 → 2025
Total assets
€1.11M▲ 2.0%
2024 · €1.09M
2018: €671k
2019: €761k
2020: €813k
2021: €874k
2022: €927k
2023: €1,000k
2024: €1.09M
2018 → 2025
Net result
€127k▼ 12.7%
2024 · €145k
2018: €27k
2019: €66k
2020: €82k
2021: €88k
2022: €114k
2023: €123k
2024: €145k
2018 → 2025
Working capital
€719k▲ 5.9%
2024 · €679k
2018: €125k
2019: €212k
2020: €308k
2021: €348k
2022: €459k
2023: €555k
2024: €679k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€461k-€561k▲ 21.7%€655k▲ 16.8%€786k▲ 20.1%€851k▲ 8.3%
Operating result€121k-€167k▲ 38.6%€201k▲ 20.1%€217k▲ 7.7%€188k▼ 13.3%
Net result€88k-€114k▲ 30.4%€123k▲ 7.2%€145k▲ 18.5%€127k▼ 12.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.11M
Fixed assets
€326k ▼ 6.4%
Current assets
€788k ▲ 5.9%
Equity and liabilities €1.11M
Equity
€851k ▲ 8.3%
Debt
€264k ▼ 14.1%
Debt's share of the balance-sheet total falls from 28.1% to 23.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€252k▼
2024 · €279k
Cash flow
€191k▼
2024 · €207k
Current ratio
11.39▼
2024 · 11.43
Debt to equity
0.31▼
2024 · 0.39
ROE
14.9%▼
2024 · 18.5%
ROA
11.4%▼
2024 · 13.3%
Interest coverage
25.94▼
2024 · 26.06
Debt ≤ 1 year
€69k▲
2024 · €65k
Debt > 1 year
€191k▼
2024 · €226k
Income taxes
€53k▼
2024 · €61k
Staff costs
€42k▲
2024 · €198
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 · 2025 against 2024 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.09M€1.11M▲
Fixed assets21/28€349k€326k▼
Tangible fixed assets22/27€349k€326k▼
Land and buildings22€286k€287k▲
Plant, machinery and equipment23€4k€9k▲
Furniture and vehicles24€31k€13k▼
Leasing and similar rights25€27k€18k▼
Current assets29/58€745k€788k▲
Amounts receivable within one year40/41€344k€269k▼
Trade receivables40€324k€249k▼
Other amounts receivable41€20k€20k=
Cash at bank and in hand54/58€401k€518k▲
Deferred charges and accrued income490/1-€850
Equity and liabilities
Total equity and liabilities10/49€1.09M€1.11M▲
Equity10/15€786k€851k▲
Contributions10/11€19k€19k=
Reserves13€768k€833k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€31k€31k=
Distributable reserves133€735k€800k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€307k€264k▼
Amounts payable after more than one year17€226k€191k▼
Financial debts170/4€226k€191k▼
Amounts payable within one year42/48€65k€69k▲
Current portion of amounts payable after more than one year42€36k€35k▼
Trade debts44€12k€32k▲
Suppliers440/4€12k€32k▲
Advances received on contracts in progress46-€357
Taxes, remuneration and social security45€17k€2k▼
Taxes450/3€17k€60▼
Remuneration and social security454/9-€2k
Accrued charges and deferred income492/3€16k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€198€42k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€64k▲
Other operating charges640/8€6k€3k▼
Gross operating margin9900€285k€297k▲
Operating profit (loss)9901€217k€188k▼
Financial income75/76B€802€2k▲
Recurring financial income75€802€2k▲
Financial charges65/66B€11k€10k▼
Recurring financial charges65€11k€10k▼
Profit (loss) for the period before taxes9903€207k€180k▼
Income taxes67/77€61k€53k▼
Profit (loss) for the period9904€145k€127k▼
Profit (loss) for the period to be appropriated9905€145k€127k▼
Appropriation of the result
Profit (loss) to be appropriated9906€145k€127k▼
Transfer from equity791/2€14k€62k▲
Transfer to equity691/2€145k€127k▼
To other reserves6921€145k€127k▼
Profit to be distributed694/7€14k€62k▲
Return on contributions (dividend)694€14k€62k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €145k ▲18.5%
Operating result €217k, net result €145k, both a record.
15-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Liquidity doublescurrent ratio 8.67
Current ratio from 3.84 to 8.67; short-term debt falls from €123k to €60k.
30-09
Financial
Equity above €500kEq €561k ▲21.7%
5 profitable years in a row build equity to €561k.
16-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Jabbeke · 1 establishment unit since 2008
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.
Gistelsteenweg 2808490 JabbekeGround area
1,763 m²
Building footprint
213 m²
Volume, LiDAR
1,080 m³
Parcel 31012B0601/00T000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TOKA SOLUTIONS
since 20082.172.140.794
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31012B0601/00T000 | Flanders | 1,763 m² | 1 · 213 m² | 8.4 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 2,164 EUR awarded · 2,164 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,916 EUR | 1,916 EUR |
| 2022 | 1 | 248 EUR | 248 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
1 live approval · 2 endedMonteur sanitaire en verwarmingsinstallaties duaal (so)
Show 2 ended approvals
Monteur centrale verwarming (so)
Monteur centrale verwarming (so)
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Middelkerke · Eq €854,156
Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 3,334 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
Founded06-05-2008
Fiscal year end30-09
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
28250Manufacture of machinery and equipment not elsewhere classified
43221Plumbing work
63920Other information service activities
70200Business and other management consultancy
78100Employment placement agencies
78200Temporary employment agencies and other provision of personnel
82990Other business support services
85592Vocational training
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.