Tool
Tool has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.06M and a net result of €37k. Equity is growing by ~17.6% per year across the filed fiscal years. Its solvency ranks better than 56% of 12402 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €1.06M |
| Net result | €37k |
| Staff (FTE) | 1 |
| Better than sector | 56% |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 62.2% | 56.7% | |
| Net result | €37k | €38k | |
| Equity | €1.06M | €90k | |
| Gross operating margin | €-2k | €74k | |
| Staff costs | €38k | €42k |
Figures by fiscal year and ratios
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ | 2022 Δ | 2021 Δ |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | - | +267.0% | +24.2% | +270.3% | - |
| Net profit | +92.4% | - | +51.5% | - | - |
| Cash flow | +74.4% | - | - | -99.8% | - |
| Staff costs | +4.5% | +0.4% | +138.2% | - | - |
| Income taxes | -77.5% | - | - | - | - |
| Dividends | - | - | - | - | - |
| Total assets | -18.2% | -3.7% | -2.6% | +10.6% | - |
| Equity | +3.7% | +59.3% | -41.8% | +124.0% | - |
| Debt | -39.3% | -30.3% | +35.9% | -26.2% | - |
| of which ≤ 1y | -0.4% | -91.7% | +82.3% | -37.1% | - |
| of which > 1y | -34.6% | +71.7% | -14.4% | -12.5% | - |
| Working capital | -14.2% | +81.7% | -27.8% | +60.3% | - |
| Employees (FTE) | 0.0% | 0.0% | +100.0% | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 21.08 | 24.31 | 2.06 | 3.67 | 2.05 |
| Quick ratio | 21.08 | 24.31 | 2.06 | 3.67 | 2.05 |
| Working capital ratio | 94.0% | 89.6% | 47.5% | 64.0% | 44.2% |
| Solvency | 62.2% | 49.0% | 29.6% | 49.6% | 24.5% |
| Debt / equity | 0.61 | 1.04 | 2.37 | 1.02 | 3.08 |
| Long-term debt ratio | 0.53 | 0.84 | 0.78 | 0.53 | 1.36 |
| Interest coverage | -0.94 | 0.75 | 0.28 | 0.56 | 1.47 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 2.2% | 0.9% | -0.3% | -0.5% | 5.0% |
| ROE | 3.5% | 1.9% | -0.9% | -1.0% | 20.6% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.70M | €2.08M | €2.16M | €2.22M | €2.00M |
| Fixed assets | 21/28 | €22k | €137k | €166k | €266k | €275k |
| Tangible fixed assets | 22/27 | €22k | €24k | €29k | €34k | €43k |
| Financial fixed assets | 28 | - | €112k | €137k | €232k | €232k |
| Current assets | 29/58 | €1.68M | €1.94M | €1.99M | €1.95M | €1.73M |
| Amounts receivable within one year | 40/41 | €506k | €429k | €517k | €432k | €1.33M |
| Investments | 50/53 | €326k | €480k | €498k | €306k | €200k |
| Cash & bank | 54/58 | €104k | €168k | €150k | €420k | €200k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.70M | €2.08M | €2.16M | €2.22M | €2.00M |
| Equity | 10/15 | €1.06M | €1.02M | €640k | €1.10M | €491k |
| Contributions / capital | 10/11 | €1.00M | €1.00M | €640k | €640k | €20k |
| Reserves | 13 | €57k | €19k | - | €459k | €471k |
| Amounts payable | 17/49 | €643k | €1.06M | €1.52M | €1.12M | €1.51M |
| Amounts payable after one year | 17 | €562k | €860k | €501k | €585k | €669k |
| Amounts payable within one year | 42/48 | €80k | €80k | €968k | €531k | €843k |
| Trade debts payable within one year | 44 | €856 | €100 | €30 | €270 | - |
| Income statement | ||||||
| Gross operating margin | 9900 | €-2k | €113k | €60k | €33k | €8k |
| Operating result | 9901 | €-52k | €68k | €15k | €5k | €-7k |
| Financial income | 75 | €41k | €65k | €43k | €13k | €111k |
| Financial charges | 65 | €49k | €98k | €71k | €29k | €3k |
| Result before taxes | 9903 | €41k | €36k | €-6k | €-11k | €101k |
| Income taxes | 67/77 | €4k | €17k | - | - | - |
| Net result for the period | 9904 | €37k | €19k | €-6k | €-11k | €101k |
| Result to be appropriated | 9905 | €37k | €19k | €-6k | €-11k | €132k |
-
Jan Van ErmengemDirectorState Gazette act 25354796 (10-09-2025)Current10-09-2025 → present
Former directors (1)
-
Koen DriesDirectorState Gazette act 25354796 (10-09-2025)Former- → 10-09-2025
| NACE primary | Activities of notaries(69102) |
| Legal form | Private limited company(610) |
| Incorporation | 31-07-2015 |
| Status | Active |
| Postal code | 2400 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13434F0079/00W003 | Flanders | 116 m² | 1 · 107 m² | 9.8 m · 2 fl. |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
10-09-2025 1 director appointed, 1 resigning
- Jan Van Ermengem, Bestuurder
- Koen Dries, Bestuurder
Technical details
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}23-06-2022 Capital increase of €980,000 to €1,000,000
- €20.000 → €1.000.000
- Inbreng in geld · Apport en numéraire
Technical details
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}| Legal nameNL | Tool |