TOKKEN
ActiveSummary
TOKKEN has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of -€15,337. Equity remains stable across the filed fiscal years (±1.6% per year). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
What they do
Activity not known1 site
How big
€2.2mtotal assets 2025
- Equity
- €1.6m
- Loss
- -€15,337
Turnover not published (abridged schema)
Who decides
Accounts filed 12 d late0 of 3 deeds read
Why 71- No NACE activity registered+ Long track record+ Annual accounts: healthy financial profileA punctual record breaksShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability55▲+2
Solvency99▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110,000 at 30 days acceptable
Liquidity short (current ratio 0.39 against 0.22 in 2024; short-term debt: 14.6% and cash: 5.7% of total assets), and 26.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
73.6%
Return on assets
-0.7%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
12 d late
2024
56 d early
2023
49 d early
2022
55 d early
2021
16 d late
2020
11 d early
2019
14 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 22 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
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. Usually files around 13 June (4 of the last 5 filed years within 60 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Financials
Fiscal year 2025Total assets €2.2mLoss -€15,337Solvency 73.6%Liquidity 0.39
Total assets
€2.2m▼ 1.7%
2018 - 2025
Net result
-€15,337▼ 11.4%
2018 - 2025
Equity
€1.6m▼ 0.9%
2018 - 2025
Solvency
73.6%▲ 0.6pp
2018 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€0.1m▼ 91.7%-€0.06m▲ 33.7%-€365▲ 99.4%-€178▲ 51.1%-€0.004m▼ 2,018%
Net result-€0.09m▼ 483%-€0.06m▲ 29.9%-€0.006m▲ 90.3%-€0.01m▼ 128%-€0.02m▼ 11.4%
Equity€1.7m▼ 5.0%€1.6m▼ 3.7%€1.6m▼ 0.4%€1.6m▼ 0.8%€1.6m▼ 0.9%
Total assets€2.3m▲ 5.9%€2.3m▲ 1.2%€2.3m▼ 2.8%€2.2m▼ 2.3%€2.2m▼ 1.7%
Debt€0.4m▲ 146%€0.5m▲ 25.9%€0.4m▼ 9.8%€0.4m▼ 6.2%€0.4m▼ 2.5%
Working capital-€0.2m▼ 34.4%-€0.3m▼ 50.4%-€0.3m▲ 12.0%-€0.2m▲ 15.7%-€0.2m▲ 19.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3,775 in 2025 against €178 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.2m
Fixed assets
€2.1m ▼ 4.4%
Current assets
€124,430 ▲ 82.4%
Equity and liabilities €2.2m
Equity
€1.6m ▼ 0.9%
Provisions
€166,383 ▼ 6.7%
Debt
€407,406 ▼ 2.5%
Debt's share of the balance-sheet total falls from 18.9% to 18.7%. Equity and debt are lower.
Key figures and ratios
Key figures and ratios
EBITDA
€93,631▼
2024 · €99,002
Cash flow
€82,069▼
2024 · €85,413
Current ratio
0.39▲
2024 · 0.22
Debt to equity
0.25▼
2024 · 0.26
ROE
-1.0%▼
2024 · -0.9%
ROA
-0.7%▼
2024 · -0.6%
Interest coverage
4.50▲
2024 · 4.22
Debt ≤ 1 year
€317,358▲
2024 · €306,633
Debt > 1 year
€90,048▼
2024 · €111,111
Income taxes
€2,032▲
2024 · €2,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,612 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.1%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,612 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €107,106 | €98,992 | €99,983 | €99,180 | €97,406 | ▼ 1.8% |
| Other operating charges640/8 | €6,325 | €6,153 | €7,722 | €9,442 | €9,583 | ▲ 1.5% |
| Gross operating margin9900 | €18,430 | €42,161 | €107,340 | €108,444 | €103,215 | ▼ 4.8% |
| Operating profit (loss)9901 | -€95,002 | -€62,983 | -€365 | -€178 | -€3,775 | ▼ 2,018% |
| Financial income75/76B | - | - | €1 | €10 | €642 | ▲ 6,435% |
| Recurring financial income75 | - | - | €1 | €10 | €0 | ▼ 96.0% |
| Non-recurring financial income76B | - | - | - | - | €641 | - |
| Financial charges65/66B | €7,952 | €11,355 | €17,568 | €23,483 | €22,057 | ▼ 6.1% |
| Recurring financial charges65 | €7,952 | €11,355 | €17,568 | €23,483 | €20,788 | ▼ 11.5% |
| Non-recurring financial charges66B | - | - | - | - | €1,269 | - |
| Profit (loss) for the period before taxes9903 | -€102,953 | -€74,339 | -€17,932 | -€23,652 | -€25,190 | ▼ 6.5% |
| Transfer from deferred taxes780 | €13,864 | €11,884 | €11,884 | €11,884 | €11,884 | = |
| Income taxes67/77 | - | - | - | €2,000 | €2,032 | ▲ 1.6% |
| Profit (loss) for the period9904 | -€89,089 | -€62,454 | -€6,048 | -€13,767 | -€15,337 | ▼ 11.4% |
| Transfer from tax-exempt reserves789 | €38,579 | €35,653 | €35,653 | €35,653 | €35,653 | = |
| Profit (loss) for the period to be appropriated9905 | -€50,511 | -€26,801 | €29,605 | €21,886 | €20,316 | ▼ 7.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.3m | €2.3m | €2.3m | €2.2m | €2.2m | ▼ 1.7% |
| Fixed assets21/28 | €2.3m | €2.3m | €2.2m | €2.1m | €2.1m | ▼ 4.4% |
| Tangible fixed assets22/27 | €2.3m | €2.3m | €2.2m | €2.1m | €2.1m | ▼ 4.3% |
| Land and buildings22 | €2.3m | €2.3m | €2.2m | €2.1m | €2.1m | ▼ 4.3% |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | - | - |
| Current assets29/58 | €0.005m | €0.02m | €0.03m | €0.07m | €0.1m | ▲ 82.4% |
| Amounts receivable within one year40/41 | €0.001m | €0.001m | - | - | - | - |
| Trade receivables40 | €0.001m | €0.001m | - | - | - | - |
| Cash at bank and in hand54/58 | €0.004m | €0.02m | €0.03m | €0.07m | €0.1m | ▲ 85.1% |
| Deferred charges and accrued income490/1 | €313 | €334 | €0.002m | €0.002m | €0.001m | ▼ 22.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.3m | €2.3m | €2.3m | €2.2m | €2.2m | ▼ 1.7% |
| Equity10/15 | €1.7m | €1.6m | €1.6m | €1.6m | €1.6m | ▼ 0.9% |
| Contributions10/11 | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | = |
| Reserves13 | €0.7m | €0.7m | €0.6m | €0.6m | €0.6m | ▼ 2.5% |
| Non-distributable reserves130/1 | €0.05m | €0.05m | - | - | - | - |
| Reserves not available under the articles1311 | €0.05m | €0.05m | - | - | - | - |
| Tax-exempt reserves132 | €0.6m | €0.6m | €0.6m | €0.5m | €0.5m | ▼ 6.7% |
| Distributable reserves133 | - | - | €0.05m | €0.07m | €0.09m | ▲ 30.0% |
| Profit (loss) carried forward14 | €0.09m | €0.07m | €0.1m | €0.1m | €0.1m | = |
| Provisions and deferred taxes16 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 6.7% |
| Deferred taxes168 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 6.7% |
| Amounts payable17/49 | €0.4m | €0.5m | €0.4m | €0.4m | €0.4m | ▼ 2.5% |
| Amounts payable after more than one year17 | €0.2m | €0.2m | €0.1m | €0.1m | €0.09m | ▼ 19.0% |
| Financial debts170/4 | €0.2m | €0.2m | €0.1m | €0.1m | €0.09m | ▼ 19.0% |
| Amounts payable within one year42/48 | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 3.5% |
| Current portion of amounts payable after more than one year42 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 1.0% |
| Financial debts43 | €0.08m | €0.07m | €0.07m | €0.05m | €0.05m | ▲ 5.0% |
| Credit institutions430/8 | €0.08m | €0.07m | €0.07m | €0.05m | €0.05m | ▲ 5.0% |
| Trade debts44 | €0.007m | €0.04m | €0.001m | €0.002m | €0.002m | ▼ 1.9% |
| Suppliers440/4 | €0.007m | €0.04m | €0.001m | €0.002m | €0.002m | ▼ 1.9% |
| Taxes, remuneration and social security45 | €0.002m | €0.003m | €0.005m | €0.009m | €0.008m | ▼ 8.4% |
| Taxes450/3 | €0.002m | €0.003m | €0.005m | €0.009m | €0.008m | ▼ 8.4% |
| Other amounts payable47/48 | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 3.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€89,089 | -€62,454 | -€6,048 | -€13,767 | -€15,337 | ▼ 11.4% |
| + Depreciation and write-downs630 | €107,106 | €98,992 | €99,983 | €99,180 | €97,406 | ▼ 1.8% |
| Operating cash flow (approximation) | €18,017 | €36,537 | €93,935 | €85,413 | €82,069 | ▼ 3.9% |
| Investment in fixed assets (approximation) | - | -€111,832 | -€22,916 | -€8,313 | -€3,634 | ▲ 56.3% |
| Change in cash | - | €14,350 | €10,563 | €37,727 | €56,591 | ▲ 50.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline
12 eventsLatest 12-08-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
31-12
Financial
Weakest financial yearnet -€89,089
Net result drops to -€89,089, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €15,811
Net result €15,811 after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 24-08-1988Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded24-08-1988
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0435114482
Also
9925:BE0435114482
Registered
01-08-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Merchtem · 1 establishment unit since 2018
Ground area
1,159 m²
2 parcels, Flanders, Wallonia. Linked by address, not a title deed.
1 establishment unit
Le Charmois
since 2018unit no. 2.310.772.897
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23602H0105/00E000 | Flanders | 638 m² | - | - |
| 85018A0194/00F000 | Wallonia | 521 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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