Tool2Care
ActiveSummary
Tool2Care has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54,445 and a net result of -€34. Equity is shrinking by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 92% of 687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▲+66
Solvency100=
Growth58=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 8.93 against 3.11 in 2024; short-term debt: 4.4% and cash: 33.3% of total assets), and 4.4% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Publishing activities (NACE 58)
about 30% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Net result per financial year
22232425
2022 to 2025 · latest year -€34
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 28-07-2026, 3 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
3 d early
2024
17 d early
2023
5 d early
2022
3 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 7 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 28 July (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€0
2024 · €0
Total assets
€56,980▼ 3.8%
2024 · €59,236
Net result
-€34▲ 99.5%
2024 · -€7,556
Working capital
€20,089▲ 100%
2024 · €10,033
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 58, Publishing activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Turnover€0€0€0
Operating result-€18,820--€66,399▼ 253%-€7,668▲ 88.5%-€123▲ 98.4%
Net result-€18,876below the sector's middle half--€66,489below the sector's middle half▼ 252%-€7,556below the sector's middle half▲ 88.6%-€34within the sector's middle half▲ 99.5%
Equity€126,224within the sector's middle half-€61,035within the sector's middle half▼ 51.6%€54,480within the sector's middle half▼ 10.7%€54,445within the sector's middle half▼ 0.1%
Total assets€134,065within the sector's middle half-€76,007within the sector's middle half▼ 43.3%€59,236within the sector's middle half▼ 22.1%€56,980within the sector's middle half▼ 3.8%
Debt€7,841-€14,971▲ 90.9%€4,757▼ 68.2%€2,535▼ 46.7%
Working capital€122,593above the sector's middle half-€40,228within the sector's middle half▼ 67.2%€10,033within the sector's middle half▼ 75.1%€20,089within the sector's middle half▲ 100%
Solvency94.2%above the sector's middle half-80.3%above the sector's middle half▼ 13.8pp92.0%above the sector's middle half▲ 11.7pp95.6%above the sector's middle half▲ 3.6pp
Current ratio16.63above the sector's middle half-3.69within the sector's middle half▼ 12.953.11within the sector's middle half▼ 0.588.93above the sector's middle half▲ 5.82
Return on assets (ROA)-14.1%below the sector's middle half--87.5%below the sector's middle half▼ 73.4pp-12.8%below the sector's middle half▲ 74.7pp-0.1%within the sector's middle half▲ 12.7pp
Staff (FTE)21.6▼ 20.0%18.8▲ 1,075%
above
within
below
the middle half (P25 to P75) of NACE 58, Publishing 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.
Staff figure corrected
- 2025 Left out: filed figure impossible (22.6). The filed figure means ten times the staff at the balance sheet date, at low staff costs.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €123 in 2025 against €7,668 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €56,980
Fixed assets
€34,357 ▼ 22.7%
Current assets
€22,623 ▲ 53.0%
Equity and liabilities €56,980
Equity
€54,445 ▼ 0.1%
Debt
€2,535 ▼ 46.7%
Debt's share of the balance-sheet total falls from 8.0% to 4.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€9,967▲
2024 · -€2,403
Cash flow
€10,056▲
2024 · -€2,290
Debt to equity
0.05▼
2024 · 0.09
ROE
-0.1%▲
2024 · -13.9%
Interest coverage
62.71▲
2024 · -20.02
Debt ≤ 1 year
€2,535▼
2024 · €4,757
Staff costs
€3,968▼
2024 · €34,792
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 480 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 96% are still going.
- Small
- 2 to 5 years old
- solvency 30% or more
- a small loss
0.8%
went bankrupt
3.1%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 480 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | €0 | €0 | €0 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €0 | €0 | €0 | - |
| Remuneration, social security and pensions62 | €11,458 | €54,585 | €34,792 | €3,968 | ▼ 88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2 | €736 | €5,266 | €10,090 | ▲ 91.6% |
| Other operating charges640/8 | €348 | €424 | €618 | €789 | ▲ 27.5% |
| Gross operating margin9900 | -€7,013 | -€10,653 | €33,008 | €14,724 | ▼ 55.4% |
| Operating profit (loss)9901 | -€18,820 | -€66,399 | -€7,668 | -€123 | ▲ 98.4% |
| Financial income75/76B | €10 | - | €233 | €248 | ▲ 6.5% |
| Recurring financial income75 | €10 | - | €233 | €248 | ▲ 6.5% |
| Financial charges65/66B | €66 | €90 | €120 | €159 | ▲ 32.4% |
| Recurring financial charges65 | €66 | €90 | €120 | €159 | ▲ 32.4% |
| Profit (loss) for the period before taxes9903 | -€18,876 | -€66,489 | -€7,556 | -€34 | ▲ 99.5% |
| Profit (loss) for the period9904 | -€18,876 | -€66,489 | -€7,556 | -€34 | ▲ 99.5% |
| Profit (loss) for the period to be appropriated9905 | -€18,876 | -€66,489 | -€7,556 | -€34 | ▲ 99.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €134,065 | €76,007 | €59,236 | €56,980 | ▼ 3.8% |
| Fixed assets21/28 | €3,631 | €20,807 | €44,447 | €34,357 | ▼ 22.7% |
| Intangible fixed assets21 | €3,631 | €20,807 | €44,447 | €34,357 | ▼ 22.7% |
| Current assets29/58 | €130,434 | €55,200 | €14,789 | €22,623 | ▲ 53.0% |
| Amounts receivable within one year40/41 | €4,479 | €2,688 | €2,858 | €2,395 | ▼ 16.2% |
| Trade receivables40 | €3,502 | €2,356 | €0 | €0 | - |
| Other amounts receivable41 | €977 | €331 | €2,858 | €2,395 | ▼ 16.2% |
| Cash at bank and in hand54/58 | €125,955 | €52,193 | €11,932 | €18,989 | ▲ 59.2% |
| Deferred charges and accrued income490/1 | - | €319 | €0 | €1,239 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €134,065 | €76,007 | €59,236 | €56,980 | ▼ 3.8% |
| Equity10/15 | €126,224 | €61,035 | €54,480 | €54,445 | ▼ 0.1% |
| Contributions10/11 | €145,100 | €146,400 | €147,400 | €147,400 | = |
| Profit (loss) carried forward14 | -€18,876 | -€85,365 | -€92,921 | -€92,955 | = |
| Amounts payable17/49 | €7,841 | €14,971 | €4,757 | €2,535 | ▼ 46.7% |
| Amounts payable within one year42/48 | €7,841 | €14,971 | €4,757 | €2,535 | ▼ 46.7% |
| Trade debts44 | €2,249 | €4,800 | €1,257 | €773 | ▼ 38.5% |
| Suppliers440/4 | €2,249 | €4,800 | €1,257 | €773 | ▼ 38.5% |
| Advances received on contracts in progress46 | - | - | €238 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €5,510 | €10,158 | €3,248 | €1,748 | ▼ 46.2% |
| Taxes450/3 | €0 | €0 | €0 | €0 | - |
| Remuneration and social security454/9 | €5,510 | €10,158 | €3,248 | €1,748 | ▼ 46.2% |
| Other amounts payable47/48 | €82 | €14 | €14 | €14 | = |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€18,876 | -€66,489 | -€7,556 | -€34 | ▲ 99.5% |
| + Depreciation and write-downs630 | €2 | €736 | €5,266 | €10,090 | ▲ 91.6% |
| Operating cash flow (approximation) | -€18,874 | -€65,752 | -€2,290 | €10,056 | ▲ 539% |
| Investment in fixed assets (approximation) | - | -€17,912 | -€28,906 | €0 | ▲ 100% |
| Change in cash | - | -€73,762 | -€40,262 | €7,058 | ▲ 118% |
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
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity triplescurrent ratio 8.93
Current ratio from 3.11 to 8.93; short-term debt falls from €4,757 to €2,535.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€66,489
Net result drops to -€66,489, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2022
Ground area
712 m²
Building footprint
47 m²
Volume, LiDAR
451 m³
Parcel 62810B1335/00B002, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Rue du Baneux 55, 4000 Liège
since 20222.332.797.540
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62810B1335/00B002 | Wallonia | 712 m² | 1 · 47 m² | 11.1 m · 3 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.
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Of 717 companies in this sector we hold annual accounts for 214. 146 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formCooperative company
Founded31-03-2022
Fiscal year end31-12
Activities, NACEBEL 2025
58190Other publishing activities, excluding software publishing
63100Computing infrastructure, data processing, hosting and related activities
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0784255886
Also
9925:BE0784255886
Registered
19-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.