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TOOL

Active Private limited companyfounded 2022active for 3 yearsWillem De Roolaan 78, 8620 NieuwpoortKBO/BCE: BE 0795.551.537

Lifetime

3 annual accounts with figures on one time axis
peak €32,272 (2023)
€27,755▲ 0.6%
peak €19,245 (2023)
€13,169▼ 0.9%
peak €45,803 (2025)
€45,803▲ 40.4%
€33,642▼ 8.7%
Board2 names since 2023
2 directors and 1 other
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Registered-office move 04-06Equity from €32,634 to €45,803Cash from €19,606 to €35,085

Key points

from the 2025 annual accounts

Equity

€45,803 ▲ 40.4%

TOOL has made a profit in every financial year since 2023.

Turnover

≈ €81,000 estimated

The micro format states no turnover.

Filings

3 annual accounts 2 late
AprilJune31 JulyOctober202320242025

The 2024 accounts came latest: 28 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as TOOL has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for TOOL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Director
  • 50 sharesdeed of 02-01-2023
  • 50 sharesdeed of 02-01-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0795551537
Registered-office move Director in office: · Board meeting of 19-06-2024 · Gazette deed
First establishment Willem De Roolaan 78, Nieuwpoort
Incorporation Founding capital of €100, 100 shares · Founders: (shareholder and founder) and (shareholder and founder) · Appointments: (director) and (director) · published on 02-01-2023 · Gazette deed
All 7 events

Comparable companies

same main activity, similar in size and age
Company
TOOL Nieuwpoort €79,444 €27,755 57.7% -
MIVANNES Waregem €71,253 €27,640 85.2% -
NOONA Moorslede €82,511 €23,809 83.5% -
Quickshift Pittem €98,606 €28,759 57.0% -
MP CONSULTANCY Bruges €81,420 €31,987 42.9% -
LAVA Partners Waregem €97,076 €25,906 51.8% -
WALK WITH US Knokke-Heist €70,688 €30,343 79.2% -

These companies have the same main activity as TOOL: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €70,700 and €98,600, founded between 2022 and 2023.

Official details

Source: KBO
Status
Active since 29-12-2022Normal situation
Activity
Business and other management consultancyNACE 70200and 1 other
Establishment unit
2.340.669.2878620 Nieuwpoort, since 01-01-2023
Financial year end
31 December
Peppol
Reachable since 14-01-2026
Company details

Annual accounts 2025

€79,444▲ 14.4%
Filing
Filed on 27-08-2026
Financials

Insights on TOOL

TOOL files the micro format. That format states no turnover. The gross margin fell from €32,272 in 2023 to €27,755 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about TOOL

What is the company number of TOOL?
The company number of TOOL is 0795.551.537. The VAT number is the same number with BE in front: BE 0795.551.537.
Where is TOOL based?
The registered office is at Willem De Roolaan 78, 8620 Nieuwpoort.Company details
What does TOOL do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of TOOL?
TOOL is a private limited company (BV).
When was TOOL founded?
TOOL was founded on 29-12-2022.
Is TOOL still active?
Yes, TOOL is an active enterprise in the KBO register.
What is the turnover of TOOL?
The turnover in financial year 2025 is ≈ €81,000. This figure is estimated from the gross margin of €27,755 and 144 comparable companies (NACE 70200). It probably lies between €48,000 and €110,000.Financials
Is TOOL profitable?
In financial year 2025, TOOL made a profit of €13,169.
Where can I find the annual accounts of TOOL?
TOOL filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TOOL due?
TOOL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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