TOKARA
ActiveThe annual accounts of TOKARA for fiscal year 2025 show a net loss of 80% of the equity at the start of that year. The 2025 annual accounts show equity of €26k and a net result of €-106k. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 10% of 31540 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability28▼-9
Solvency26▼-3
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.16 against 0.01 in 2024; short-term debt: 25.1% and cash: 0.8% of total assets), and 99.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.7%
Return on assets
-3%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-106k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 31540 sector peers (2025).
NBB · sector comparisonPosition among 31540 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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 · 10 filingsDeviation from the deadline
2025
2 d late
2024
on the day
2023
26 d late
2022
6 d late
2021
8 d late
2020
9 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€26k▼ 80.1%
2024 · €132k
2019: €50k
2020: €59k
2021: €163k
2022: €164k
2023: €136k
2024: €132k
2019 → 2025
Total assets
€3.50M▼ 0.3%
2024 · €3.51M
2019: €247k
2020: €233k
2021: €212k
2022: €164k
2023: €136k
2024: €3.51M
2019 → 2025
Net result
€-106k▼ 2,361%
2024 · €-4k
2019: €818
2020: €9k
2021: €104k
2022: €1k
2023: €-28k
2024: €-4k
2019 → 2025
Working capital
€-739k▲ 77.8%
2024 · €-3.33M
2019: €-92k
2020: €-91k
2021: €177k
2022: €164k
2024: €-3.33M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€163k-€164k▲ 0.7%€136k▼ 17.0%€132k▼ 3.2%€26k▼ 80.1%
Operating result€-3k-€3k€-28k€-4k▲ 84.8%€4k
Net result€104k-€1k▼ 98.8%€-28k€-4k▲ 84.6%€-106k▼ 2,361%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €4k after a loss of €4k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.50M
Fixed assets
€3.36M▼ 3.1%
Current assets
€139k▲ 245%
Equity and liabilities €3.50M
Equity
€26k▼ 80.1%
Debt
€3.48M▲ 2.8%
The debt ratio rises from 96.2% to 99.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€175k
Cash flow
€65k
Solvency
0.7%▼
2024 · 3.8%
Current ratio
0.16▲
2024 · 0.01
Quick ratio
0.16▲
2024 · 0.01
ROE
-402.4%▼
2024 · -3.3%
ROA
-3.0%▼
2024 · -0.1%
Interest coverage
1.59
Debt
€3.48M▲
2024 · €3.38M
Debt ≤ 1 year
€878k▼
2024 · €3.37M
Debt > 1 year
€2.59M
A ratio outside any meaningful range has been withheld (balance sheet total €3.50M, equity €26k).
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.51M€3.50M▼
Fixed assets21/28€3.47M€3.36M▼
Tangible fixed assets22/27€3.47M€3.36M▼
Land and buildings22€3.37M€3.28M▼
Furniture and vehicles24€100k€80k▼
Current assets29/58€40k€139k▲
Amounts receivable within one year40/41€3k€4k▲
Trade receivables40€3k€4k▲
Cash at bank and in hand54/58€31k€29k▼
Deferred charges and accrued income490/1€6k€106k▲
Equity and liabilities
Total equity and liabilities10/49€3.51M€3.50M▼
Equity10/15€132k€26k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€111k€6k▼
Amounts payable17/49€3.38M€3.48M▲
Amounts payable after more than one year17-€2.59M
Financial debts170/4-€2.59M
Amounts payable within one year42/48€3.37M€878k▼
Current portion of amounts payable after more than one year42€2.75M€108k▼
Trade debts44-€14k
Suppliers440/4-€14k
Other amounts payable47/48€620k€755k▲
Accrued charges and deferred income492/3€10k€9k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€171k
Gross operating margin9900€-4k€175k▲
Operating profit (loss)9901€-4k€4k▲
Financial charges65/66B€39€110k▲
Recurring financial charges65€39€110k▲
Profit (loss) for the period before taxes9903€-4k€-106k▼
Profit (loss) for the period9904€-4k€-106k▼
Profit (loss) for the period to be appropriated9905€-4k€-106k▼
Appropriation of the result
Profit (loss) to be appropriated9906€111k€6k▼
Profit (loss) brought forward from the previous period14P€116k€111k▼
The notes to these accounts (6 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
18-08
State Gazette act
Capital & sharesGeneral meeting · Capital increase · Bank account6 facts ▸
State Gazette act
Capital & shares
General meeting · Capital increase · Bank account6 facts ▸
- General meeting, 2026-06-23
- Capital increase, €550.000
- Bank account, BNP Paribas Fortis, BE94 0020 3366 4614
- Statutes amendment, 21
- Statutes amendment, 15
- Power of attorney
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
30-06
Financial
Weakest financial yearnet €-106k
Net result drops to €-106k, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
06-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 6 days late
2022
30-06
Financial
Liquidity times 222current ratio 1345.10
Current ratio from 6.05 to 1345.10; short-term debt falls from €35k to €122.
08-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
30-06
Financial
Highest result since 2019net €104k ▲1103%
Net result €104k, the highest in the series.
30-06
Financial
Liquidity times 13current ratio 6.05
Current ratio from 0.45 to 6.05; short-term debt falls from €165k to €35k.
30-06
Financial
Equity above €150kEq €163k ▲178%
3 profitable years in a row build equity to €163k.
09-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
26-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 26 days late
2017
16-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 16 days late
Financial milestoneState Gazette actNBB 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Nazareth-De Pinte · 1 establishment unit since 2012
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.
Plezierstraat 89810 Nazareth-De PinteGround area
2.7 ha
Building footprint
338 m²
Volume, LiDAR
713 m³
2 parcels, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Plezierstraat 8A, 9810 Nazareth-De Pinte
since 20122.210.306.039
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44048H0483/00G000 | Flanders | 2.1 ha | 1 · 222 m² | 6.3 m · 1 fl. |
| 44048H0448/00B000 | Flanders | 6,489 m² | 1 · 115 m² | - |
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.
Structure & network
Capital and shareholders
Capital increase of 550,000 EUR
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 33,303 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-05-2012
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 13 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.