TOO
ActiveSummary
TOO has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €235,302 and a net result of €191,724. Equity is growing by ~29.4% per year across the filed fiscal years. Its solvency ranks better than 92% of 37969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity ample (current ratio 15.85 against 22.8 in 2023; short-term debt: 6.1% and cash: 69.8% of total assets), and 6.6% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
93.4%
Return on assets
76.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
42 d early
2022
40 d early
2021
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 40 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
€235,302▼ 20.7%
2023 · €296,873
Total assets
€252,042▼ 20.1%
2023 · €315,266
Net result
€191,724▲ 12.5%
2023 · €170,450
Working capital
€229,226▼ 21.0%
2023 · €290,177
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
Line2021202220232024
Operating result€86,162-€62,611▼ 27.3%€225,465▲ 260%€256,788▲ 13.9%
Net result€66,593above the sector's middle half-€47,329within the sector's middle half▼ 28.9%€170,450above the sector's middle half▲ 260%€191,724above the sector's middle half▲ 12.5%
Equity€79,093within the sector's middle half-€126,422within the sector's middle half▲ 59.8%€296,873above the sector's middle half▲ 135%€235,302within the sector's middle half▼ 20.7%
Total assets€123,223within the sector's middle half-€142,348within the sector's middle half▲ 15.5%€315,266within the sector's middle half▲ 121%€252,042within the sector's middle half▼ 20.1%
Debt€44,130-€15,926▼ 63.9%€18,393▲ 15.5%€16,740▼ 9.0%
Working capital€104,744within the sector's middle half-€120,898within the sector's middle half▲ 15.4%€290,177above the sector's middle half▲ 140%€229,226above the sector's middle half▼ 21.0%
Solvency64.2%within the sector's middle half-88.8%above the sector's middle half▲ 24.6pp94.2%above the sector's middle half▲ 5.4pp93.4%above the sector's middle half▼ 0.8pp
Current ratio7.77above the sector's middle half-8.59above the sector's middle half▲ 0.8222.80above the sector's middle half▲ 14.2115.85above the sector's middle half▼ 6.95
Return on assets (ROA)54.0%above the sector's middle half-33.2%above the sector's middle half▼ 20.8pp54.1%above the sector's middle half▲ 20.8pp76.1%above the sector's middle half▲ 22.0pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 14% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €252,042
Fixed assets
€7,380 ▼ 37.3%
Current assets
€244,662 ▼ 19.4%
Equity and liabilities €252,042
Equity
€235,302 ▼ 20.7%
Debt
€16,740 ▼ 9.0%
Debt's share of the balance-sheet total rises from 5.8% to 6.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€261,184▲
2023 · €228,078
Cash flow
€196,119▲
2023 · €173,064
Debt to equity
0.07▲
2023 · 0.06
ROE
81.5%▲
2023 · 57.4%
Interest coverage
211.33▼
2023 · 275.92
Debt ≤ 1 year
€15,436▲
2023 · €13,313
Income taxes
€65,055▲
2023 · €54,344
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% 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 26,970 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 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,080 | €1,650 | €2,613 | €4,395 | ▲ 68.2% |
| Other operating charges640/8 | €51 | €134 | - | €66 | - |
| Gross operating margin9900 | €87,292 | €64,395 | €228,078 | €261,249 | ▲ 14.5% |
| Operating profit (loss)9901 | €86,162 | €62,611 | €225,465 | €256,788 | ▲ 13.9% |
| Financial income75/76B | €1 | €76 | €156 | €1,226 | ▲ 688% |
| Recurring financial income75 | €1 | €76 | €156 | €1,226 | ▲ 688% |
| Financial charges65/66B | €105 | €292 | €827 | €1,236 | ▲ 49.5% |
| Recurring financial charges65 | €105 | €292 | €827 | €1,236 | ▲ 49.5% |
| Profit (loss) for the period before taxes9903 | €86,058 | €62,395 | €224,794 | €256,779 | ▲ 14.2% |
| Income taxes67/77 | €19,465 | €15,066 | €54,344 | €65,055 | ▲ 19.7% |
| Profit (loss) for the period9904 | €66,593 | €47,329 | €170,450 | €191,724 | ▲ 12.5% |
| Profit (loss) for the period to be appropriated9905 | €66,593 | €47,329 | €170,450 | €191,724 | ▲ 12.5% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €123,223 | €142,348 | €315,266 | €252,042 | ▼ 20.1% |
| Fixed assets21/28 | €3,011 | €5,525 | €11,775 | €7,380 | ▼ 37.3% |
| Tangible fixed assets22/27 | €3,011 | €5,525 | €11,775 | €7,380 | ▼ 37.3% |
| Furniture and vehicles24 | €3,011 | €5,525 | €11,775 | €7,380 | ▼ 37.3% |
| Current assets29/58 | €120,212 | €136,824 | €303,490 | €244,662 | ▼ 19.4% |
| Amounts receivable after more than one year29 | - | €54,000 | €206,700 | €50,000 | ▼ 75.8% |
| Other amounts receivable291 | - | €54,000 | €206,700 | €50,000 | ▼ 75.8% |
| Amounts receivable within one year40/41 | €48,173 | €33,203 | €18,201 | €18,837 | ▲ 3.5% |
| Trade receivables40 | €47,637 | €30,046 | €13,034 | €16,392 | ▲ 25.8% |
| Other amounts receivable41 | €535 | €3,158 | €5,167 | €2,445 | ▼ 52.7% |
| Cash at bank and in hand54/58 | €72,039 | €45,451 | €73,065 | €175,825 | ▲ 141% |
| Deferred charges and accrued income490/1 | - | €4,169 | €5,524 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €123,223 | €142,348 | €315,266 | €252,042 | ▼ 20.1% |
| Equity10/15 | €79,093 | €126,422 | €296,873 | €235,302 | ▼ 20.7% |
| Contributions10/11 | €12,500 | €12,500 | €12,500 | €12,500 | = |
| Reserves13 | €66,593 | €113,922 | €284,373 | €222,802 | ▼ 21.7% |
| Distributable reserves133 | €66,593 | €113,922 | €284,373 | €222,802 | ▼ 21.7% |
| Amounts payable17/49 | €44,130 | €15,926 | €18,393 | €16,740 | ▼ 9.0% |
| Amounts payable within one year42/48 | €15,467 | €15,926 | €13,313 | €15,436 | ▲ 15.9% |
| Trade debts44 | €1,473 | €5,135 | €4,325 | €768 | ▼ 82.2% |
| Suppliers440/4 | €1,473 | €5,135 | €4,325 | €768 | ▼ 82.2% |
| Taxes, remuneration and social security45 | €8,380 | €10,791 | €8,988 | €14,465 | ▲ 60.9% |
| Taxes450/3 | €8,380 | €10,791 | €8,988 | €14,465 | ▲ 60.9% |
| Other amounts payable47/48 | €5,614 | - | - | €203 | - |
| Accrued charges and deferred income492/3 | €28,662 | - | €5,080 | €1,304 | ▼ 74.3% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €66,593 | €47,329 | €170,450 | €191,724 | ▲ 12.5% |
| + Depreciation and write-downs630 | €1,080 | €1,650 | €2,613 | €4,395 | ▲ 68.2% |
| Operating cash flow (approximation) | €67,673 | €48,979 | €173,064 | €196,119 | ▲ 13.3% |
| Investment in fixed assets (approximation) | - | -€4,164 | -€8,864 | €0 | ▲ 100% |
| Change in cash | - | -€26,588 | €27,614 | €102,760 | ▲ 272% |
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
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €191,724 ▲12.5%
Operating result €256,788, net result €191,724, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 22.80
Current ratio from 8.59 to 22.80; short-term debt falls from €15,926 to €13,313.
31-12
Financial
Equity above €200,000Eq €296,873 ▲135%
3 profitable years in a row build equity to €296,873.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €47,329 ▼28.9%
Net result drops to €47,329, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100,000Eq €126,422 ▲59.8%
2 profitable years in a row build equity to €126,422.
07-12
State Gazette act
Board meeting · Director resignation
Director appointment · Permanent representative
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2021
Ground area
410 m²
Building footprint
151 m²
Volume, LiDAR
2,557 m³
Parcel 11810K1898/00C005, Flanders · tallest building 20.5 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
TOO
since 20212.311.662.428
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1898/00C005 | Flanders | 410 m² | 1 · 151 m² | 20.5 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 75 EUR awarded · 75 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 75 EUR | 75 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
89450075AI7NOMV6VF58
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,629. 39,199 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0760833851
Also
9925:BE0760833851
Registered
28-09-2025
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.