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Tool and Record Industry

Active
Private limited company (pre-2019)founded 198244 yrs activeLuttrebruglaan 19-21, 1190 Vorst, BelgiumKBO/BCE: BE 0422.905.251

Tool and Record Industry has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81k and a net result of €-4k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 391 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
60 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▲+54
Solvency41=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.33 in 2024; short-term debt: 23.6% and cash: 7.2% of total assets), and 84.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 44 years 0 50 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
15.7%
Return on assets
-0.7%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year €-4k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 391 sector peers (2025).
NBB · sector comparison
Position among 391 sector peers
Solvency
better than 21%
← weakest strongest →
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 25-07-2026, 6 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
6 d early
2024
6 d early
2023
7 d late
2022
32 d early
2021
59 d early
2020
29 d early
2019
29 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 months
Position in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€81k▼ 4.2%
2024 · €84k
2018: €-22k 2019: €-41k 2020: €20k 2021: €111k 2022: €129k 2023: €125k 2024: €84k
2018 → 2025
Total assets
€517k▼ 0.9%
2024 · €521k
2018: €274k 2019: €249k 2020: €308k 2021: €394k 2022: €546k 2023: €718k 2024: €521k
2018 → 2025
Net result
€-4k▲ 91.4%
2024 · €-41k
2018: €-8k 2019: €-18k 2020: €60k 2021: €91k 2022: €19k 2023: €-4k 2024: €-41k
2018 → 2025
Working capital
€32k▲ 1.9%
2024 · €31k
2018: €127k 2019: €104k 2020: €144k 2021: €229k 2022: €242k 2023: €152k 2024: €31k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€111k-€129k▲ 16.7%€125k▼ 3.1%€84k▼ 32.7%€81k▼ 4.2%
Operating result€91k-€21k▼ 76.6%€4k▼ 82.4%€-34k€3k
Net result€91k-€19k▼ 79.7%€-4k€-41k▼ 923%€-4k▲ 91.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100kOperating result 2021: €91k€91kNet result 2021: €91k€91kOperating result 2022: €21k€21kNet result 2022: €19k€19kOperating result 2023: €4k€4kNet result 2023: €-4k€-4kOperating result 2024: €-34k€-34kNet result 2024: €-41k€-41kOperating result 2025: €3k€3kNet result 2025: €-4k€-4k20212022202320242025
The operating result returns to profit in 2025: €3k after a loss of €34k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €517k
Fixed assets €363k▼ 8.3%
Current assets €154k▲ 22.2%
Equity and liabilities €517k
Equity €81k▼ 4.2%
Debt €436k▼ 0.3%
The debt ratio rises from 83.8% to 84.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€36k
2024 · €-1k
Cash flow
€29k
2024 · €-8k
Solvency
15.7%
2024 · 16.2%
Current ratio
1.26
2024 · 1.33
Quick ratio
0.99
2024 · 0.61
Debt / equity
5.39
2024 · 5.18
ROE
-4.4%
2024 · -48.6%
ROA
-0.7%
2024 · -7.9%
Interest coverage
5.37
2024 · -0.22
Debt
€436k
2024 · €437k
Debt ≤ 1 year
€122k
2024 · €95k
Debt > 1 year
€313k
2024 · €342k
Staff costs
€66k
2024 · €71k
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€521k€517k
Fixed assets21/28€395k€363k
Tangible fixed assets22/27€395k€363k
Land and buildings22€117k€117k=
Plant, machinery and equipment23€279k€246k
Financial fixed assets28€143€143=
Current assets29/58€126k€154k
Stocks and contracts in progress3€68k€33k
Stocks30/36€68k€33k
Amounts receivable within one year40/41€30k€83k
Trade receivables40€22k€74k
Other amounts receivable41€8k€10k
Cash at bank and in hand54/58€27k€37k
Deferred charges and accrued income490/1€553€728
Equity and liabilities
Total equity and liabilities10/49€521k€517k
Equity10/15€84k€81k
Contributions10/11€56k€56k=
Revaluation surpluses12€117k€117k=
Reserves13€868€868=
Non-distributable reserves130/1€868€868=
Reserves not available under the articles1311€868€868=
Profit (loss) carried forward14€-89k€-92k
Amounts payable17/49€437k€436k
Amounts payable after more than one year17€342k€313k
Financial debts170/4€114k€46k
Other amounts payable178/9€228k€267k
Amounts payable within one year42/48€95k€122k
Current portion of amounts payable after more than one year42€67k€68k
Financial debts43-€28k
Credit institutions430/8-€28k
Trade debts44€17k€17k
Suppliers440/4€17k€17k
Taxes, remuneration and social security45€10k€9k
Taxes450/3€3k€304
Remuneration and social security454/9€7k€9k
Accrued charges and deferred income492/3€395€853
Income statement Code20242025
Remuneration, social security and pensions62€71k€66k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€33k=
Other operating charges640/8€3k€3k
Gross operating margin9900€73k€105k
Operating profit (loss)9901€-34k€3k
Financial income75/76B€90€0
Recurring financial income75€90€0
Financial charges65/66B€6k€7k
Recurring financial charges65€6k€7k
Profit (loss) for the period before taxes9903€-40k€-4k
Income taxes67/77€1k-
Profit (loss) for the period9904€-41k€-4k
Profit (loss) for the period to be appropriated9905€-41k€-4k
Appropriation of the result
Profit (loss) to be appropriated9906€-89k€-92k
Profit (loss) brought forward from the previous period14P€-48k€-89k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
25-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €-41k
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
07-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
29-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
02-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2018net €91k ▲51.3%
Operating result €91k, net result €91k, both a record.
31-12
Financial Equity above €100kEq €111k ▲462%
2 profitable years in a row build equity to €111k.
02-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €60k
Net result €60k after 2 loss-making years.
02-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
26-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
23-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Vorst · 1 establishment unit since 1982
establishment The establishment unit on the map
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.

Luttrebruglaan 19-211190 Vorst
Ground area
158 m²
Building footprint
51 m²
Volume, LiDAR
576 m³
Parcel 21007A0071/00T007, Brussels · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Luttrebruglaan 19, 1190 Vorst
NACE 2852002
since 19822.020.903.938
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21007A0071/00T007 Brussels 158 m² 1 · 51 m² 15.1 m · 4 fl.
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.

Similar companies · same sector, comparable size

Of 1,066 companies in sector 28110 we hold annual accounts for 829. 491 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded13-07-1982
Fiscal year end31-12
Abbreviation FR T.R.I.
Activities, NACEBEL
25530Machining of metals
28110Manufacture of machinery and equipment not elsewhere classified
28520
25999Manufacture of fabricated metal products, except machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.