Tolec
ActiveTolec has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65k and a net result of €12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 38% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
75
/ 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
Profitability68▼-23
Solvency61▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 3.8 against 4.01 in 2024; short-term debt: 25.7% and cash: 41.1% of total assets), but 64.2% 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.
−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
35.8%
Return on assets
6.5%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €65k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 8 filingsDeviation from the deadline
2025
31 d late
2024
122 d early
2023
92 d late
2022
146 d early
2021
52 d late
2020
69 d late
2019
14 d early
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€65k▲ 22.0%
2024 · €53k
2018: €-9k
2019: €-10k
2020: €44k
2021: €49k
2022: €72k
2023: €18k
2024: €53k
2018 → 2025
Total assets
€181k▼ 8.0%
2024 · €196k
2018: €2k
2019: €2k
2020: €85k
2021: €53k
2022: €114k
2023: €68k
2024: €196k
2018 → 2025
Net result
€12k▼ 67.2%
2024 · €35k
2018: €-24k
2019: €-617
2020: €54k
2021: €5k
2022: €24k
2023: €-55k
2024: €35k
2018 → 2025
Working capital
€130k▼ 6.7%
2024 · €139k
2018: €-9k
2019: €-10k
2020: €44k
2021: €39k
2022: €60k
2023: €5k
2024: €139k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€49k-€72k▲ 48.8%€18k▼ 75.7%€53k▲ 202%€65k▲ 22.0%
Operating result€1k-€47k▲ 3,451%€-51k€33k€31k▼ 6.7%
Net result€5k-€24k▲ 408%€-55k€35k€12k▼ 67.2%
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 falls in 2025; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €181k
Fixed assets
€4k▼ 60.8%
Current assets
€176k▼ 4.9%
Equity and liabilities €181k
Equity
€65k▲ 22.0%
Debt
€116k▼ 19.1%
The debt ratio falls from 73.0% to 64.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€38k▼
2024 · €42k
Cash flow
€18k▼
2024 · €44k
Solvency
35.8%▲
2024 · 27.0%
Current ratio
3.80▼
2024 · 4.01
Quick ratio
3.80▼
2024 · 4.01
Debt / equity
1.79▼
2024 · 2.70
ROE
18.0%▼
2024 · 66.9%
ROA
6.5%▼
2024 · 18.1%
Interest coverage
4.98▼
2024 · 6.77
Debt
€116k▼
2024 · €143k
Debt ≤ 1 year
€46k▲
2024 · €46k
Debt > 1 year
€69k▼
2024 · €97k
Income taxes
€15k▲
2024 · €-6k
Staff costs
€28k▼
2024 · €72k
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€196k€181k▼
Fixed assets21/28€11k€4k▼
Tangible fixed assets22/27€11k€4k▼
Plant, machinery and equipment23€317€45▼
Furniture and vehicles24€11k€4k▼
Current assets29/58€185k€176k▼
Amounts receivable within one year40/41€179k€102k▼
Trade receivables40€132k€16k▼
Other amounts receivable41€47k€87k▲
Cash at bank and in hand54/58€4k€74k▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€196k€181k▼
Equity10/15€53k€65k▲
Contributions10/11€15k€15k=
Reserves13€57k€57k=
Distributable reserves133€57k€57k=
Profit (loss) carried forward14€-19k€-8k▲
Amounts payable17/49€143k€116k▼
Amounts payable after more than one year17€97k€69k▼
Financial debts170/4€97k€69k▼
Amounts payable within one year42/48€46k€46k▲
Current portion of amounts payable after more than one year42€28k€27k▼
Trade debts44€14k€11k▼
Suppliers440/4€14k€11k▼
Taxes, remuneration and social security45€5k€8k▲
Taxes450/3€3k€6k▲
Remuneration and social security454/9€2k€2k▲
Income statement
Code20242025
Non-recurring operating income76A€7k€23k▲
Remuneration, social security and pensions62€72k€28k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€7k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€116k€68k▼
Operating profit (loss)9901€33k€31k▼
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€6k€8k▲
Recurring financial charges65€6k€8k▲
Profit (loss) for the period before taxes9903€29k€26k▼
Income taxes67/77€-6k€15k▲
Profit (loss) for the period9904€35k€12k▼
Profit (loss) for the period to be appropriated9905€35k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-8k▲
Profit (loss) brought forward from the previous period14P€-55k€-19k▲
The notes to these accounts (5 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 4.01
Current ratio from 1.11 to 4.01; short-term debt falls from €47k to €46k.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
31-12
Financial
Weakest financial yearnet €-55k ▼331%
Net result drops to €-55k, the lowest in the series; recovery starts the following year.
07-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 52 days late
2021
31-12
Financial
Liquidity times 5current ratio 10.74
Current ratio from 2.07 to 10.74; short-term debt falls from €41k to €4k.
08-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 69 days late
2020
31-12
Financial
Back to profitnet €54k
Net result €54k after 2 loss-making years.
31-12
Financial
Liquidity times 13current ratio 2.07
Current ratio from 0.15 to 2.07.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Beringen · 1 establishment unit since 2020
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.
Molendijk 923582 BeringenGround area
899 m²
Building footprint
156 m²
Volume, LiDAR
785 m³
Parcel 71522C0362/00H000, Flanders · tallest building 9.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Tolec
since 20202.301.461.491
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71522C0362/00H000 | Flanders | 899 m² | 1 · 156 m² | 9.9 m · 1 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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ADB Technics
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DELTOMBE Electrique
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,738 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-09-2017
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
46831Wholesale of construction materials, general range
47529Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.