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TOLENCO

Active
Public limited companyfounded 1991active for 35 yearsVan Eycklei 12, 2018 Antwerpen, BelgiumKBO/BCE: BE 0443.804.692
Summary

TOLENCO has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €201,331. Equity is growing by about 12% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Het verlenen van diensten en adviezen aan derden
From the articles, 17 activitiesNo NACE code in the KBO yet1 site
Size
€1.8mtotal assets 2025
Equity
€1.4m
Profit
€201,331
Turnover not published (abbreviated or micro format)
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
TINTORETTO · 50.31%
Board
4 members
Accounts 1 day early2 of 7 deeds read
Why 97raises riskNo main activity registeredlowers riskSize: total assets €1.8mEquity €1.4m (76.4% of total assets)Liquidity: current ratio 2.80, cash €1.2mShow the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 76% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Strong
Solvency 100+4
equity 76.4% of total assets
Liquidity 92+3
short-term debt 23.5% · cash 63.7%
Profitability 82-2
return on assets 10.9%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025highest value 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.8, compared with 2.06 in 2024; short-term debt: 23.5% and cash: 63.7% of total assets), and 23.6% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 81% on solvency, 82% on liquidity, 66% on profitability and 74% on growth.

The bankruptcy probability was computed on 10-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.8m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €1.4m (76.4% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.80, cash €1.2m
NBB · annual accounts
raises risk · No main activity registered
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
44 days early
2023
7 days early
2022
24 days early
2021
6 days early
2020
19 days early
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 15 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
11-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Permanent representative · General meetingPermanent representatives: Tolleneer Steven and…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. RestructuringPermanent representative: Steven Tolleneer ·…

Key points

  • New directorslatest change 30-12-2025 · 4 in office 3 joined View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €201,331 8 years View
  • Controlled by TINTORETTO 50.31% View

By topic

Financials

Financial year
2025
Total assets
€1.8m
Profit
€201,331
Solvency
76.4%
Total assets▲ 9.0%
Net result
20182025
Go to Financials

Board & ownership

Board
4 members
Parent
TINTORETTO · 50.31%
  • TINTORETTODirector
  • Tolleneer VeerleDirector
  • ISOPHONEDirector
  • ROMATODirector
Go to Board & ownership

Timeline

Events
39
Since
1992
Next accounts
by 31-07-2027
  1. 17-06-2025Annual accounts filed
  2. 31-12-2024Highest result from 2018 to 2025
  3. 24-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
29-03-1991
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
4
Purpose
Het verlenen van diensten en adviezen aan derden; Het waarnemen van bestuursopdrachten en…
Go to Articles of association

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