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TOOL

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

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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

€27,755▲ 0.6%
€13,169▼ 0.9%
€45,803▲ 40.4%
€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.

Financials

Annual accounts 2025

micro format, filed on 27-08-2026, 27 days late
€27,755
▲ 0.6%
€17,739
▼ 3.9%
€13,169
▼ 0.9%
€36,458
▲ 43.3%
57.7%
▲ 10.7 percentage points
2.78
▲ 0.19

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €81,000. Estimated: probably between €48,000 and €110,000.

Balance sheet

balance sheet total €79,444 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

57.7%

Higher than 52% of 39,376 companies in 2025.

2.78

Higher than 60% of 38,058 companies in 2025.

16.6%

Higher than 54% of 38,530 companies in 2025.

TOOL Middle half of the sector 80% of the sector Micro accounts in head offices and management consultancy (NACE 70)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023
Balance sheet: assets
20/58 79,44469,46363,657
21/28 22,52928,04634,247
22/27 22,52928,04634,247
23 292408523
24 22,23727,63833,724
29/58 56,91541,41729,411
40/41 19,55519,4055,421
40 16,63219,0585,410
41 2,92334712
54/58 35,08519,60621,982
490/1 2,2752,4062,007
Balance sheet: equity and liabilities
10/49 79,44469,46363,657
10/15 45,80332,63419,345
10/11 100100100
13 32,53432,53419,245
133 32,53432,53419,245
14 13,169--
17/49 33,64236,82944,312
17 10,68418,36025,759
170/4 10,68418,36025,759
42/48 20,45815,96916,053
42 7,6767,3997,131
44 7871,0061,443
440/4 7871,0061,443
45 11,9957,5646,138
450/3 11,9957,5646,138
47/48 --1,341
492/3 2,5002,5002,500
Income statement
9900 27,75527,60032,272
630 9,4008,5975,900
640/8 616547529
9901 17,73918,45625,843
75/76B 26427-
75 26427-
65/66B 9781,3141,189
65 9781,3141,189
9903 17,02517,16824,654
67/77 3,8563,8805,408
9904 13,16913,28819,245
9905 13,16913,28819,245
Appropriation of the result
9906 13,16913,28819,245
691/2 -13,28819,245
6920 -13,28819,245
Document PDFPDFPDF

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 27-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 27 days after the deadline. Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00436642.

Financial year Type Filed Reference Document
31-12-2025 micro format 27-08-2026 2026-00436642 PDF
31-12-2024 micro format 28-08-2025 2025-00473881 PDF
31-12-2023 micro format 22-07-2024 2024-00275052 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023
27,13927,05231,743
22,56921,88525,145
3,8832,39640,147
15,479-2,377-
36,45825,44813,357
57.7%47.0%30.4%
2.782.591.83
0.731.132.29
28.8%40.7%99.5%
16.6%19.1%30.2%
27.7520.5826.69

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item202520242023
Tangible fixed assets€3,883€2,396€40,147
€9,400€8,597€5,900

Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)

Insights on TOOL

The operating result for 2025 is 4% lower than in 2024 and the lowest since 2023. It is the second fall in a row.

Debt's share of the balance-sheet total falls from 53.0% to 42.3%. Equity is higher and debt is lower.

Board & ownership

Board

2 directors, no change since 2023
Director (not named in the articles)
appointed by deed of 02-01-2023 term without a fixed end
listed in the 2025 annual accounts, filed on 27-08-2026
Director (not named in the articles)
appointed by deed of 02-01-2023 term without a fixed end
listed in the 2025 annual accounts, filed on 27-08-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 02-01-2023

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Director (not named in the articles)

Director (not named in the articles)
Board
Mandates as a list
    • Director (not named in the articles), appointed by deed of 02-01-2023, still in office
    • Director (not named in the articles), appointed by deed of 02-01-2023, still in office

See the board, name and registered office on a given date →

Control

Founders
,
This company
TOOL
Equity €45,803
Profit €13,169 in 2025

Capital

Contribution
€100
Shares
100
Contribution per share
€1
Equity per share
€458 in 2025
Source
deed of 02-01-2023

Articles of association

deed of 02-01-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
“Geheel bevoegdheden aan hem toegekend,met mogelijkheid deel te delegeren, iedere bestuurder,alleen optredend,mag alle handelingen stellen…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of June at 15:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

At incorporation deed of 02-01-2023 ↗
  • 50 shares (50%) · €50
  • 50 shares (50%) · €50

Network & group

No group

TOOL has no parent and no holdings in its annual accounts. TOOL shares no director with another company.

At the same address

Willem De Roolaan 78, 8620 Nieuwpoort · 1 other company
Pottie, Tom (sole trader)
establishment since 01-11-1993
 founded in 1993
0748.248.595

Timeline

Timeline

7 events since 2022

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 27 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0795551537
2025
Annual accounts 2024 filed PDFmicro format · 28 days late
Registered-office moveDirector in office: · Board meeting of 19-06-20242 points ▸
  • Board meeting, 19-06-2024
  • Registered-office move, WillemDeRoolaan78, 8620NIEUWPOORT

Open the deed in the Belgian Official Gazette

2024
Annual accounts 2023 filed PDFmicro format · 9 days before the deadline
2023
First establishment Willem De Roolaan 78, Nieuwpoort
2022
IncorporationFounding capital of €100, 100 shares · Founders: (shareholder and founder) and (shareholder and founder) · Appointments: (director) and (director) · published on 02-01-20237 points ▸
  • Founder, (shareholder and founder)
  • Founder, (shareholder and founder)
  • Founding capital, €100, 100 shares
  • Board rule, 2
  • Director appointment, (director (not named in the articles))
  • Director appointment, (director (not named in the articles))
  • Registered office clause, Hulstraat 31 A, 1570 Galmaarden (Vollezele)
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

TOOL was incorporated on 29 December 2022 as a private limited company by two natural persons, with a starting capital of €100.12 The board currently has 2 members.3 Total assets rose from €63,657 in 2023 to €79,444 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 02-01-2023
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2023 and 2025

Company details

Identity

Enterprise number
0795.551.537
VAT number
BE 0795.551.537
Peppol ID
0208:0795551537
Other Peppol ID
9925:BE0795551537
Legal form
Private limited company
Status
Active, normal situation
Founded
29-12-2022
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of June at 15:00
deed of 02-01-2023 (in Dutch)
Peppol
Reachable since 14-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
TOOL in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 02-01-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Hulstraat 31A, 1570 Galmaarden (Vollezele)”
deed of 02-01-2023 (in Dutch)

Activities

NACEBEL 2025
70200 Business and other management consultancy main activity
73300 Public relations and communication consultancy
Codes under NACEBEL 2008
70220 Business consulting main activity
70210 Activities of head offices; management consultancy activities

Registered office and establishments

1 establishment
Establishment Since Unit number
Willem De Roolaan 78 registered office 8620 Nieuwpoort 01-01-2023 2.340.669.287

Buildings and parcels at the address

Ground area
288 m²
Buildings
103 m²
Volume, LiDAR
675 m³
Tallest building
11.8 m
Buildings to scale, each on its own parcel
103 m², 11.8 m 103 m², 11.8 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
38016A0048/00R037288 m² 1 · 103 m² 11.8 m · 2

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