TOKAT GROUP
ActiveThe computed 12-month bankruptcy probability of TOKAT GROUP is 2.1% (moderate). The 2025 annual accounts show equity of €10k and a net result of €950. Equity is shrinking by ~73.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 24% of 1902 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+71
Solvency45▼-22
Growth32=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.7 against 0.64 in 2024; short-term debt: 61.3% and cash: 14.2% of total assets), and 79.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 1902 sector peers (2025).
NBB · sector comparisonPosition among 1902 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 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
27 d late
2024
89 d late
2023
211 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€10k▲ 10.1%
2024 · €9k
2023: €26k
2024: €9k
2023 → 2025
Total assets
€51k▲ 126%
2024 · €23k
2023: €61k
2024: €23k
2023 → 2025
Net result
€950
2024 · €-16k
2023: €21k
2024: €-16k
2023 → 2025
Working capital
€-9k▼ 93.4%
2024 · €-5k
2023: €19k
2024: €-5k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€26k-€9k▼ 63.4%€10k▲ 10.1%
Operating result€28k-€-16k€2k
Net result€21k-€-16k€950
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2k after a loss of €16k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€29k▲ 105%
Current assets
€22k▲ 163%
Equity and liabilities €51k
Equity
€10k▲ 10.1%
Debt
€41k▲ 209%
The debt ratio rises from 58.4% to 79.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12k▲
2024 · €-10k
Cash flow
€10k▲
2024 · €-10k
Solvency
20.2%▼
2024 · 41.6%
Current ratio
0.70▲
2024 · 0.64
Quick ratio
0.70▲
2024 · 0.64
Debt / equity
3.94▲
2024 · 1.40
ROE
9.2%▲
2024 · -172.9%
ROA
1.9%▲
2024 · -72.0%
Interest coverage
23.19▲
2024 · -26.25
Debt
€41k▲
2024 · €13k
Debt ≤ 1 year
€31k▲
2024 · €13k
Debt > 1 year
€9k
Income taxes
€2k
Staff costs
€2k
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€23k€51k▲
Fixed assets21/28€14k€29k▲
Tangible fixed assets22/27€14k€29k▲
Furniture and vehicles24€14k€29k▲
Current assets29/58€8k€22k▲
Amounts receivable within one year40/41-€15k
Trade receivables40-€11k
Other amounts receivable41-€4k
Cash at bank and in hand54/58€8k€7k▼
Deferred charges and accrued income490/1-€54
Equity and liabilities
Total equity and liabilities10/49€23k€51k▲
Equity10/15€9k€10k▲
Contributions10/11€5k€5k=
Reserves13€21k€21k=
Distributable reserves133€21k€21k=
Profit (loss) carried forward14€-16k€-15k▲
Amounts payable17/49€13k€41k▲
Amounts payable after more than one year17-€9k
Financial debts170/4-€9k
Amounts payable within one year42/48€13k€31k▲
Current portion of amounts payable after more than one year42-€8k
Trade debts44€2k-
Suppliers440/4€2k-
Taxes, remuneration and social security45€11k€9k▼
Taxes450/3€11k€8k▼
Remuneration and social security454/9-€852
Other amounts payable47/48-€15k
Accrued charges and deferred income492/3-€161
Income statement
Code20242025
Remuneration, social security and pensions62-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€10k▲
Other operating charges640/8€296€379▲
Gross operating margin9900€-10k€14k▲
Operating profit (loss)9901€-16k€2k▲
Financial income75/76B-€1k
Recurring financial income75-€1k
Financial charges65/66B€385€501▲
Recurring financial charges65€385€501▲
Profit (loss) for the period before taxes9903€-16k€3k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€-16k€950▲
Profit (loss) for the period to be appropriated9905€-16k€950▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-15k▲
Profit (loss) brought forward from the previous period14P-€-16k
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Back to profitnet €950
Net result €950 after one loss-making year.
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 89 days late
27-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 211 days late
2024
31-12
Financial
Weakest financial yearnet €-16k ▼179%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
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, Peer · 1 establishment unit since 2023
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.
Nachtegaalstraat 343990 PeerGround area
357 m²
Building footprint
80 m²
Volume, LiDAR
376 m³
Parcel 72030A0437/00M003, Flanders · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TOKAT GROUP
since 20232.341.637.210
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72030A0437/00M003 | Flanders | 357 m² | 1 · 80 m² | 6.1 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.
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BE 0740.678.934
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DP
BE 0805.319.338
Kapelle-op-den-Bos · Eq €10k
DWO DESIGN
BE 1011.005.066
Maldegem · Eq €10k
Metaal Constructies Smets
BE 1011.671.396
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METRUM
BE 0440.876.084
Boom · Eq €10k
Of 3,986 companies in sector 25110 we hold annual accounts for 2,147. 763 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-01-2023
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
47811Retail sale of cars and light vans (up to 3.5 tonnes)
49410Freight transport by road
33130Repair, maintenance and installation of machinery and equipment
47812Retail trade
45204
45402
47830Retail sale of motorcycles and motorcycle parts and accessories
52100Warehousing and storage
52250Logistics services
53200Other postal and courier activities
68121Development of residential building projects
73110Advertising agencies
73200Market research and public opinion polling
73300Public relations and communication consultancy
77120Rental and leasing activities
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.