Töller
ActiveSummary
Töller has been active since 1974 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €982,979 and a net result of €10,029. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 46% of 239 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability50▼-26
Solvency62▼-13
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity ample (current ratio 3.06 against 1.79 in 2024; short-term debt: 20.6% and cash: 1.8% of total assets), but 62.7% of the assets are financed with debt.
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Signals
Five 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Manufacture of furniture (NACE 31)
about 43% more bankruptcies
← 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
37.3%
Return on assets
0.4%
Age of the figures
9 mo
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
77 d early
2023
5 d early
2022
30 d late
2021
31 d late
2020
30 d late
2019
67 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 7 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% of the sector filed 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 27 July (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#1 oldest company in Butgenbach#3 company by total assets in Butgenbach, Manufacturing sector#5 company by equity in Butgenbach, Manufacturing sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€10,029▼ 91.6%
2024 · €119,530
Working capital
€1.1m▲ 119%
2024 · €510,282
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 31, Manufacture of furniture, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€282,061▼ 42.6%€137,869€356,920▲ 159%€174,450▼ 51.1%€22,997▼ 86.8%
Net result-€268,884below the sector's middle half▼ 30.2%€126,562within the sector's middle half€343,936above the sector's middle half▲ 172%€119,530within the sector's middle half▼ 65.2%€10,029within the sector's middle half▼ 91.6%
Equity€450,517within the sector's middle half▼ 37.7%€573,842within the sector's middle half▲ 27.4%€919,265within the sector's middle half▲ 60.2%€1.1mwithin the sector's middle half▲ 15.4%€982,979above the sector's middle half▼ 7.3%
Total assets€2.2mwithin the sector's middle half▲ 5.5%€2.0mwithin the sector's middle half▼ 9.7%€2.2mwithin the sector's middle half▲ 13.7%€2.1mwithin the sector's middle half▼ 5.7%€2.6mabove the sector's middle half▲ 24.6%
Debt€1.7m▲ 28.8%€1.4m▼ 19.4%€1.3m▼ 5.4%€1.1m▼ 20.4%€1.7m▲ 56.9%
Working capital€109,741within the sector's middle half▼ 62.6%€88,070within the sector's middle half▼ 19.7%€506,582within the sector's middle half▲ 475%€510,282within the sector's middle half▲ 0.7%€1.1mabove the sector's middle half▲ 119%
Solvency20.6%within the sector's middle half▼ 14.3pp29.1%within the sector's middle half▲ 8.5pp41.0%within the sector's middle half▲ 11.9pp50.2%within the sector's middle half▲ 9.2pp37.3%within the sector's middle half▼ 12.9pp
Current ratio1.08within the sector's middle half▼ 0.211.08within the sector's middle half=1.63within the sector's middle half▲ 0.551.79within the sector's middle half▲ 0.163.06within the sector's middle half▲ 1.27
Return on assets (ROA)-12.3%below the sector's middle half▼ 2.3pp6.4%within the sector's middle half▲ 18.7pp15.3%above the sector's middle half▲ 8.9pp5.7%above the sector's middle half▼ 9.7pp0.4%within the sector's middle half▼ 5.3pp
Staff (FTE)24within the sector's middle half▼ 15.8%21.8within the sector's middle half▼ 9.2%20.9within the sector's middle half▼ 4.1%20.7within the sector's middle half▼ 1.0%19.1above the sector's middle half▼ 7.7%
above
within
below
the middle half (P25 to P75) of NACE 31, Manufacture of furniture, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2025 Net result -92% on 2024. The accounts now follow the abbreviated schema, last year the full schema.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 87% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.6m
Fixed assets
€942,966 ▲ 4.7%
Current assets
€1.7m ▲ 43.7%
Equity and liabilities €2.6m
Equity
€982,979 ▼ 7.3%
Debt
€1.7m ▲ 56.9%
Debt's share of the balance-sheet total rises from 49.8% to 62.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€140,193▼
2024 · €314,019
Cash flow
€127,226▼
2024 · €259,098
Quick ratio
2.48▲
2024 · 1.28
Debt to equity
1.68▲
2024 · 0.99
ROE
1.0%▼
2024 · 11.3%
Interest coverage
3.64▼
2024 · 12.24
Debt ≤ 1 year
€543,673▼
2024 · €647,367
Debt > 1 year
€1.1m▲
2024 · €399,093
Income taxes
€10,650▼
2024 · €46,210
Staff costs
€1.1m▼
2024 · €1.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
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 0.4% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 14,733 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | - | €7,657 | €22,643 | €413 | ▼ 98.2% |
| Remuneration, social security and pensions62 | €1.3m | €1.2m | €1.1m | €1.1m | €1.1m | ▼ 1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €187,958 | €169,865 | €181,158 | €139,569 | €117,197 | ▼ 16.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €25,774 | €22,448 | -€16,391 | -€5,332 | -€867 | ▲ 83.7% |
| Other operating charges640/8 | €26,080 | €26,353 | €32,492 | €27,342 | €24,293 | ▼ 11.2% |
| Non-recurring operating charges66A | - | - | - | - | €1,823 | - |
| Gross operating margin9900 | €1.2m | €1.5m | €1.7m | €1.4m | €1.3m | ▼ 13.2% |
| Operating profit (loss)9901 | -€282,061 | €137,869 | €356,920 | €174,450 | €22,997 | ▼ 86.8% |
| Financial income75/76B | €19,201 | €13,701 | €19,822 | €16,939 | €36,165 | ▲ 114% |
| Recurring financial income75 | €18,801 | €13,701 | €19,822 | €16,939 | €36,165 | ▲ 114% |
| Non-recurring financial income76B | €400 | €0 | - | - | - | - |
| Financial charges65/66B | €26,069 | €24,340 | €24,657 | €25,649 | €38,482 | ▲ 50.0% |
| Recurring financial charges65 | €26,069 | €24,340 | €24,657 | €25,649 | €38,482 | ▲ 50.0% |
| Non-recurring financial charges66B | €0 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | -€288,928 | €127,229 | €352,085 | €165,740 | €20,679 | ▼ 87.5% |
| Income taxes67/77 | -€20,044 | €668 | €8,148 | €46,210 | €10,650 | ▼ 77.0% |
| Profit (loss) for the period9904 | -€268,884 | €126,562 | €343,936 | €119,530 | €10,029 | ▼ 91.6% |
| Profit (loss) for the period to be appropriated9905 | -€268,884 | €126,562 | €343,936 | €119,530 | €10,029 | ▼ 91.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.2m | €2.0m | €2.2m | €2.1m | €2.6m | ▲ 24.6% |
| Formation expenses20 | €31,759 | €43,234 | €42,036 | €54,923 | €27,387 | ▼ 50.1% |
| Fixed assets21/28 | €662,552 | €749,041 | €889,566 | €900,665 | €942,966 | ▲ 4.7% |
| Intangible fixed assets21 | €8,044 | €2,792 | €1,585 | €6,477 | €37,330 | ▲ 476% |
| Tangible fixed assets22/27 | €654,260 | €746,001 | €887,981 | €894,188 | €905,636 | ▲ 1.3% |
| Land and buildings22 | €446,268 | €613,236 | €768,266 | €794,642 | €833,449 | ▲ 4.9% |
| Plant, machinery and equipment23 | €12,314 | €18,369 | €15,702 | €12,144 | €8,001 | ▼ 34.1% |
| Furniture and vehicles24 | €27,182 | €20,010 | €83,736 | €80,964 | €43,830 | ▼ 45.9% |
| Leasing and similar rights25 | €168,495 | €94,386 | €20,277 | €6,439 | €20,356 | ▲ 216% |
| Financial fixed assets28 | €248 | €248 | €0 | - | - | - |
| Current assets29/58 | €1.5m | €1.2m | €1.3m | €1.2m | €1.7m | ▲ 43.7% |
| Amounts receivable after more than one year29 | - | - | - | - | €800,000 | - |
| Other amounts receivable291 | - | - | - | - | €800,000 | - |
| Stocks and contracts in progress3 | €569,127 | €434,569 | €331,225 | €327,165 | €317,757 | ▼ 2.9% |
| Stocks30/36 | €363,388 | €300,291 | €256,251 | €224,725 | €228,531 | ▲ 1.7% |
| Contracts in progress37 | €205,739 | €134,278 | €74,974 | €102,440 | €89,226 | ▼ 12.9% |
| Amounts receivable within one year40/41 | €697,310 | €680,386 | €848,680 | €602,532 | €469,508 | ▼ 22.1% |
| Trade receivables40 | €669,629 | €641,854 | €644,212 | €579,253 | €425,093 | ▼ 26.6% |
| Other amounts receivable41 | €27,681 | €38,532 | €204,468 | €23,278 | €44,415 | ▲ 90.8% |
| Current investments50/53 | €4 | €4 | €4 | €0 | - | - |
| Cash at bank and in hand54/58 | €209,879 | €48,190 | €124,114 | €220,510 | €48,685 | ▼ 77.9% |
| Deferred charges and accrued income490/1 | €13,945 | €16,187 | €5,512 | €7,442 | €27,725 | ▲ 273% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.2m | €2.0m | €2.2m | €2.1m | €2.6m | ▲ 24.6% |
| Equity10/15 | €450,517 | €573,842 | €919,265 | €1.1m | €982,979 | ▼ 7.3% |
| Contributions10/11 | €955,980 | €955,980 | €955,980 | €955,980 | €167,295 | ▼ 82.5% |
| Capital10 | €955,980 | €955,980 | €955,980 | €955,980 | - | - |
| Issued capital100 | €955,980 | €955,980 | €955,980 | €955,980 | - | - |
| Reserves13 | €111,315 | €111,315 | €111,315 | €111,315 | €800,000 | ▲ 619% |
| Non-distributable reserves130/1 | €95,598 | €95,598 | €95,598 | €95,598 | €800,000 | ▲ 737% |
| Legal reserve130 | €95,598 | €95,598 | €95,598 | €95,598 | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €0 | - |
| Financial assistance1313 | - | - | - | - | €800,000 | - |
| Tax-exempt reserves132 | €15,717 | €15,717 | €15,717 | €15,717 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | -€623,392 | -€496,830 | -€152,894 | -€33,365 | -€23,336 | ▲ 30.1% |
| Investment grants15 | €6,614 | €3,377 | €4,864 | €26,991 | €39,020 | ▲ 44.6% |
| Amounts payable17/49 | €1.7m | €1.4m | €1.3m | €1.1m | €1.7m | ▲ 56.9% |
| Amounts payable after more than one year17 | €350,837 | €301,866 | €517,569 | €399,093 | €1.1m | ▲ 177% |
| Financial debts170/4 | €350,837 | €301,866 | €517,569 | €399,093 | €1.1m | ▲ 177% |
| Amounts payable within one year42/48 | €1.4m | €1.1m | €802,953 | €647,367 | €543,673 | ▼ 16.0% |
| Current portion of amounts payable after more than one year42 | €199,171 | €189,333 | €165,062 | €140,608 | €110,162 | ▼ 21.7% |
| Financial debts43 | €540,000 | €125,000 | €170,000 | €90,000 | €50,000 | ▼ 44.4% |
| Credit institutions430/8 | €540,000 | €125,000 | €170,000 | €90,000 | €50,000 | ▼ 44.4% |
| Trade debts44 | €359,507 | €409,571 | €202,817 | €116,129 | €155,495 | ▲ 33.9% |
| Suppliers440/4 | €359,507 | €409,571 | €202,817 | €116,129 | €155,495 | ▲ 33.9% |
| Advances received on contracts in progress46 | €7,967 | €76,373 | €3,891 | €1,700 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €252,557 | €269,667 | €240,880 | €278,724 | €220,406 | ▼ 20.9% |
| Taxes450/3 | €114,377 | €142,211 | €104,397 | €110,856 | €77,665 | ▼ 29.9% |
| Remuneration and social security454/9 | €138,180 | €127,456 | €136,483 | €167,868 | €142,741 | ▼ 15.0% |
| Other amounts payable47/48 | €21,322 | €21,322 | €20,302 | €20,206 | €7,611 | ▼ 62.3% |
| Accrued charges and deferred income492/3 | €2,697 | €4,637 | €1,350 | €5,856 | €262 | ▼ 95.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€268,884 | €126,562 | €343,936 | €119,530 | €10,029 | ▼ 91.6% |
| + Depreciation and write-downs630 | €187,958 | €169,865 | €181,158 | €139,569 | €117,197 | ▼ 16.0% |
| Operating cash flow (approximation) | -€80,926 | €296,426 | €525,094 | €259,098 | €127,226 | ▼ 50.9% |
| Investment in fixed assets (approximation) | - | -€256,354 | -€321,683 | -€150,669 | -€159,497 | ▼ 5.9% |
| Change in cash | - | -€161,689 | €75,924 | €96,397 | -€171,825 | ▼ 278% |
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 · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €1mEq €1.1m ▲15.4%
3 profitable years in a row build equity to €1.1m.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €343,936 ▲172%
Operating result €356,920, net result €343,936, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-12
Financial
Back to profitnet €126,562
Net result €126,562 after 2 loss-making years.
31-12
Financial
Equity above €500,000Eq €573,842 ▲27.4%
Equity rises from €450,517 to €573,842.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet -€268,884
Net result drops to -€268,884, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 67 days late
Show earlier events
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
9 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, Bütgenbach · 1 establishment unit since 1974
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.
Zur Domäne 474750 Bütgenbach1 establishment unit
Zur Domäne 47, 4750 Bütgenbach
since 19742.010.419.525
Structure & network
Owners and holdings
2 ownersChain of control
- VANGUARD CREATIONS
- Töller
Highest known parent: VANGUARD CREATIONS. The sources do not say who stands above it.
Owners 2
- VANGUARD CREATIONSparent54.56%
-
45.44%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Recognised contractor
2 categoriesToller SRL27601
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Identification & contact
Identification
Legal formPrivate limited company
Founded01-01-1974
Fiscal year end31-12
Activities, NACEBEL 2025
31004Manufacture of dining room, living room, bedroom and bathroom furniture
31001Manufacture of furniture
31002Manufacture of furniture
43320Joinery installation
47551Retail sale of household furniture
E-invoicing
Reachable via Peppol
Peppol ID
0208:0414035491
Also
9925:BE0414035491
Registered
05-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.