TONIGROS
ActiveTONIGROS has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19.63M and a net result of €1.74M. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 8647 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+33
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.6M at 30 days acceptable
Liquidity ample (current ratio 21.25 against 29.18 in 2024; short-term debt: 2.8% and cash: 1.9% of total assets), and 2.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
97.2%
Return on assets
8.6%
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 08-07-2026, 23 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
23 d early
2024
on the day
2023
6 d early
2022
11 d late
2021
33 d early
2020
26 d early
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€19.63M▲ 9.7%
2024 · €17.89M
2018: €7.54M
2019: €7.63M
2020: €8.59M
2021: €10.59M
2022: €11.56M
2023: €13.67M
2024: €17.89M
2018 → 2025
Total assets
€20.19M▲ 9.7%
2024 · €18.40M
2018: €7.74M
2019: €7.83M
2020: €8.92M
2021: €10.94M
2022: €11.58M
2023: €14.31M
2024: €18.40M
2018 → 2025
Net result
€1.74M▼ 58.7%
2024 · €4.21M
2018: €85k
2019: €87k
2020: €958k
2021: €2.01M
2022: €963k
2023: €2.12M
2024: €4.21M
2018 → 2025
Working capital
€11.28M▼ 20.8%
2024 · €14.24M
2018: €282k
2019: €356k
2020: €1.22M
2021: €3.26M
2022: €3.22M
2023: €4.69M
2024: €14.24M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10.59M-€11.56M▲ 9.1%€13.67M▲ 18.3%€17.89M▲ 30.8%€19.63M▲ 9.7%
Operating result€68k-€-23k€-34k▼ 45.1%€-62k▼ 84.1%€1.29M
Net result€2.01M-€963k▼ 52.0%€2.12M▲ 120%€4.21M▲ 98.8%€1.74M▼ 58.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €1.29M after a loss of €62k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20.19M
Fixed assets
€8.36M▲ 129%
Current assets
€11.83M▼ 19.8%
Equity and liabilities €20.19M
Equity
€19.63M▲ 9.7%
Debt
€562k▲ 9.9%
The debt ratio stays at 2.8%.
Key figures and ratios
EBITDA
€1.31M▲
2024 · €-51k
Cash flow
€1.77M▼
2024 · €4.22M
Solvency
97.2%=
2024 · 97.2%
Current ratio
21.25▼
2024 · 29.18
Quick ratio
21.25▼
2024 · 29.18
Debt / equity
0.03▲
2024 · 0.03
ROE
8.9%▼
2024 · 23.5%
ROA
8.6%▼
2024 · 22.9%
Interest coverage
2732.71▲
2024 · -1.76
Debt
€562k▲
2024 · €512k
Debt ≤ 1 year
€557k▲
2024 · €505k
Income taxes
€569k▲
2024 · €385k
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€18.40M€20.19M▲
Fixed assets21/28€3.65M€8.36M▲
Tangible fixed assets22/27€602k€667k▲
Land and buildings22€602k€587k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€477€77k▲
Financial fixed assets28€3.05M€7.69M▲
Current assets29/58€14.75M€11.83M▼
Amounts receivable after more than one year29€3.33M€2.34M▼
Other amounts receivable291€3.33M€2.34M▼
Amounts receivable within one year40/41€830k€1.28M▲
Trade receivables40€13k€7k▼
Other amounts receivable41€817k€1.27M▲
Current investments50/53€7.94M€7.63M▼
Cash at bank and in hand54/58€2.31M€389k▼
Deferred charges and accrued income490/1€335k€197k▼
Equity and liabilities
Total equity and liabilities10/49€18.40M€20.19M▲
Equity10/15€17.89M€19.63M▲
Contributions10/11€7.61M€7.61M=
Reserves13€10.25M€11.99M▲
Tax-exempt reserves132€1.26M€1.41M▲
Distributable reserves133€8.99M€10.58M▲
Profit (loss) carried forward14€18k€18k=
Amounts payable17/49€512k€562k▲
Amounts payable within one year42/48€505k€557k▲
Trade debts44€17k€20k▲
Suppliers440/4€17k€20k▲
Taxes, remuneration and social security45€464k€336k▼
Taxes450/3€464k€336k▼
Other amounts payable47/48€24k€201k▲
Accrued charges and deferred income492/3€6k€5k▼
Income statement
Code20242025
Non-recurring operating income76A-€16k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€26k▲
Other operating charges640/8€4k€10k▲
Gross operating margin9900€-47k€1.32M▲
Operating profit (loss)9901€-62k€1.29M▲
Financial income75/76B€4.69M€1.02M▼
Recurring financial income75€4.69M€850k▼
Non-recurring financial income76B-€173k
Financial charges65/66B€29k€480▼
Recurring financial charges65€29k€480▼
Profit (loss) for the period before taxes9903€4.60M€2.31M▼
Income taxes67/77€385k€569k▲
Profit (loss) for the period9904€4.21M€1.74M▼
Transfer from tax-exempt reserves789€356k€505k▲
Transfer to tax-exempt reserves689€1.62M€653k▼
Profit (loss) for the period to be appropriated9905€2.95M€1.59M▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.96M€1.61M▼
Profit (loss) brought forward from the previous period14P€18k€18k=
Transfer to equity691/2€2.95M€1.59M▼
To other reserves6921€2.95M€1.59M▼
The notes to these accounts (11 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €4.21M ▲98.8%
Net result €4.21M, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 29.18
Current ratio from 8.37 to 29.18; short-term debt falls from €636k to €505k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 11 days late
2022
31-12
Financial
Liquidity times 12current ratio 126.87
Current ratio from 10.72 to 126.87; short-term debt falls from €335k to €26k.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity doublescurrent ratio 10.72
Current ratio from 4.82 to 10.72.
31-12
Financial
Equity above €10MEq €10.59M ▲23.3%
4 profitable years in a row build equity to €10.59M.
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Izegem · 1 establishment unit since 2016
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.
Tinnenpotstraat 718870 IzegemGround area
4,682 m²
Building footprint
261 m²
Volume, LiDAR
537 m³
Parcel 36492A1335/00A000, Flanders · tallest building 10.0 m. Linked by address, not a title deed.
1 establishment unit
Tonigros
since 20162.258.215.428
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36492A1335/00A000 | Flanders | 4,681 m² | 1 · 261 m² | 10.0 m |
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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Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 4,105 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-11-2016
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.