TOKOMAS
TOKOMAS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €470k and a net result of €128k. Equity is growing by ~59.9% per year across the filed fiscal years. Its solvency ranks better than 15% of 5424 sector peers (fiscal year 2025). The company has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €470k |
| Net result | €128k |
| Better than sector | 15% |
| Active | 43 yrs |
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 13.2% | 51.8% | |
| Net result | €128k | €53k | |
| Equity | €470k | €622k | |
| Gross operating margin | €331k | €87k | |
| Employees (FTE) | 0.0 | 0.0 |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | micro schema | micro schema | micro schema |
| Revenue | n/a | n/a | n/a | n/a | n/a |
| EBITDA | n/a | n/a | n/a | n/a | n/a |
| Net profit | €128k | €121k | €154k | €122k | €-457k |
| Cash flow | n/a | n/a | n/a | n/a | n/a |
| Staff costs | - | - | - | - | - |
| Income taxes | €46k | €41k | €3k | - | €39 |
| Dividends | - | - | - | - | €0 |
| Total assets | €3.56M | €3.64M | €3.73M | €3.78M | €3.86M |
| Equity | €470k | €342k | €220k | €66k | €-56k |
| Debt | €3.09M | €3.30M | €3.51M | €3.71M | €3.92M |
| of which ≤ 1y | €353k | €323k | €291k | €281k | €259k |
| of which > 1y | €2.69M | €2.94M | €3.18M | €3.41M | €3.64M |
| Working capital | n/a | n/a | n/a | n/a | n/a |
| Employees (FTE) | 0.0 | 0.0 | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | n/a | n/a | n/a | n/a | n/a |
| Quick ratio | n/a | n/a | n/a | n/a | n/a |
| Working capital ratio | n/a | n/a | n/a | n/a | n/a |
| Solvency | 13.2% | 9.4% | 5.9% | 1.8% | -1.4% |
| Debt / equity | n/a | n/a | n/a | n/a | n/a |
| Long-term debt ratio | n/a | n/a | n/a | n/a | n/a |
| Interest coverage | n/a | n/a | n/a | n/a | n/a |
| Gross margin | n/a | n/a | n/a | n/a | n/a |
| Net margin | n/a | n/a | n/a | n/a | n/a |
| ROA | 3.6% | 3.3% | 4.1% | 3.2% | -11.8% |
| ROE | 27.3% | 35.6% | 69.8% | 183.6% | 822.7% |
| EBITDA margin | n/a | n/a | n/a | n/a | n/a |
| Days sales outstanding | n/a | n/a | n/a | n/a | n/a |
| Days payable outstanding | n/a | n/a | n/a | n/a | n/a |
| Inventory turnover | n/a | n/a | n/a | n/a | n/a |
| Days inventory (DSI) | n/a | n/a | n/a | n/a | n/a |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €3.56M | €3.64M | €3.73M | €3.78M | €3.86M |
| Fixed assets | 21/28 | €3.44M | €3.52M | €3.61M | €3.69M | €3.77M |
| Tangible fixed assets | 22/27 | €3.44M | €3.52M | €3.61M | €3.69M | €3.77M |
| Financial fixed assets | 28 | - | - | - | - | €0 |
| Current assets | 29/58 | €121k | €123k | €123k | €92k | €89k |
| Amounts receivable within one year | 40/41 | €8k | €8k | €8k | €8k | €33k |
| Cash & bank | 54/58 | €113k | €115k | €93k | €84k | €57k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.56M | €3.64M | €3.73M | €3.78M | €3.86M |
| Equity | 10/15 | €470k | €342k | €220k | €66k | €-56k |
| Contributions / capital | 10/11 | €80k | €80k | €80k | €80k | €80k |
| Reserves | 13 | €390k | €290k | €290k | €290k | €290k |
| Accumulated profits (losses) | 14 | €0 | €-28k | €-149k | €-303k | €-425k |
| Amounts payable | 17/49 | €3.09M | €3.30M | €3.51M | €3.71M | €3.92M |
| Amounts payable after one year | 17 | €2.69M | €2.94M | €3.18M | €3.41M | €3.64M |
| Amounts payable within one year | 42/48 | €353k | €323k | €291k | €281k | €259k |
| Trade debts payable within one year | 44 | €3k | €4k | €4k | €3k | €0 |
| Income statement | ||||||
| Gross operating margin | 9900 | €331k | €321k | €321k | €291k | €106k |
| Operating result | 9901 | €228k | €220k | €219k | €191k | €-457k |
| Financial income | 75 | - | - | - | €0 | €3k |
| Financial charges | 65 | €54k | €58k | €62k | €69k | €3k |
| Result before taxes | 9903 | €174k | €162k | €157k | €122k | €-457k |
| Income taxes | 67/77 | €46k | €41k | €3k | - | €39 |
| Net result for the period | 9904 | €128k | €121k | €154k | €122k | €-457k |
| Result to be appropriated | 9905 | €128k | €121k | €154k | €122k | €-457k |
| NACE primary | Activities of holding companies(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 19-03-1983 |
| Status | Active |
| Postal code | 8434 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35022A0001/00K067 | Flanders | 1,296 m² | 1 · 904 m² | 13.7 m · 2 fl. |
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
04-09-2023 Registered office moved within Middelkerke
- DISTELLAAN 11 - 8434 MIDDELKERKE → Distellaan 9-8434 Middelkerke
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Distellaan 9-8434 Middelkerke",
"city": "Middelkerke",
"region": "vlaams_gewest",
"street": "Distellaan",
"country": "BE",
"postcode": "8434",
"box_number": null,
"street_number": "9",
"locality_suffix": null
},
"old_address": {
"raw": "DISTELLAAN 11 - 8434 MIDDELKERKE",
"city": "MIDDELKERKE",
"region": "vlaams_gewest",
"street": "DISTELLAAN",
"country": "BE",
"postcode": "8434",
"box_number": null,
"street_number": "11",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": null,
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": "2023-06-08",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "bijzondere_algemene_vergadering",
"date": "2023-06-08",
"unanimous": null
},
"subject_company": {
"kbo": "0423.866.739",
"name_full": "TOKOMAS",
"legal_form": "BESLOTEN VENNOOTSCHAP"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Wim Lambrecht",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [
"Bijlagen bij j het Belgisch St\u00E4\u00E4tsbl\u00E4d -04/09 0972023 - Annexes du Moniteur belge",
"Mod DOC 10.01"
]
}| Legal nameNL | TOKOMAS |