Financials
- Fiscal year
- 2025
- Total assets
- €71,061
- Profit
- €26,253
- Solvency
- 51.0%
Tolhuis
ActiveSummary
The computed 12-month bankruptcy probability of Tolhuis is 6.8% (elevated). The 2025 annual accounts show equity of €36,253 and a net result of €26,253. Its solvency ranks better than 68% of 1848 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Artisanal bread and fresh pastry making
NACE 10712
1 site
Size
€71,061total assets 2025
- Staff
- 0.6 FTE
- Equity
- €36,253
- Profit
- €26,253
Turnover not published (abridged schema)
Structure
Accounts filed 57 d late0 of 1 deed read
Why 38- Founded in 2024- Sector Manufacture of food products (NACE 10)- Latest accounts 57 days late; 1 of the last 3 lateShow the evidence
Checked score
Score 2025
38
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 67% of its sector peers (all companies)
Performance against the sector, not lower risk
Financial strength
Strong
Solvency
76
equity 51.0% of total assets
Liquidity
41
short-term debt 49.0% · cash 12.0%
Profitability
100
return on assets 36.9%
Bankruptcy probability, 12 months
6.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2025: 3.6%lowest value
12-2025: 3.7%▲ +2.3% vs 11-2025
01-2026: 4.0%▲ +9.8% vs 12-2025
02-2026: 4.2%▲ +3.3% vs 01-2026
03-2026: 4.6%▲ +9.9% vs 02-2026
04-2026: 4.6%● 0.0% vs 03-2026
05-2026: 5.0%▲ +9.1% vs 04-2026
06-2026: 5.0%▼ -0.5% vs 05-2026
07-2026: 6.3%▲ +27.4% vs 06-2026
08-2026: 6.3%▼ -0.2% vs 07-2026
09-2026: 6.8%▲ +8.1% vs 08-2026highest value
10-2026: 6.8%● 0.0% vs 09-2026highest value
- Founded in 2024 raises the probability for this profile
- Sector Manufacture of food products (NACE 10) raises the probability
- Latest accounts 57 days late; 1 of the last 3 late raises the probability
Credit up to €1,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.0; short-term debt: 49% and cash: 12% of total assets), and 49% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (all companies). Better than this share of them on solvency 68%, liquidity 40%, profitability 94%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-06-2026, 57 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 · 1 filingDeviation from the deadline
2025
57 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
- Annual accounts filedfiscal year 2025 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2026
- 26-06-2026Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Artisanal bread and fresh pastry makingNACE 10712
- Founded
- 04-10-2024
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
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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 Is the workforce growing, and do people stay?Employer check
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