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TOOLINE

Active
Private limited companyfounded 201214 yrs activeWolvertemsesteenweg 359, 1850 Grimbergen, BelgiumKBO/BCE: BE 0845.606.210

TOOLINE has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23k and a net result of €24k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 36% of 4577 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
73 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+2
Solvency35▲+11
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.0 against 0.75 in 2024; short-term debt: 48.1% and cash: 46.5% of total assets), and 89.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
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 14 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
10.4%
Return on assets
11.1%
Age of the figures
9 mo
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 d early
2024
44 d early
2023
16 d early
2022
5 d early
2021
32 d early
2020
24 d early
2019
7 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
18-09-2026 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
€23k
2024 · €-1k
2018: €11k 2019: €-655 2020: €-18k 2021: €-42k 2022: €-45k 2023: €-21k 2024: €-1k
2018 → 2025
Total assets
€221k▲ 5.0%
2024 · €210k
2018: €301k 2019: €269k 2020: €258k 2021: €220k 2022: €199k 2023: €202k 2024: €210k
2018 → 2025
Net result
€24k▲ 23.2%
2024 · €20k
2018: €-5k 2019: €-12k 2020: €-18k 2021: €-23k 2022: €-3k 2023: €23k 2024: €20k
2018 → 2025
Working capital
€138
2024 · €-26k
2018: €-22k 2019: €-814 2020: €-12k 2021: €-98k 2022: €-89k 2023: €-57k 2024: €-26k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€-42k-€-45k▼ 6.8%€-21k▲ 52.2%€-1k▲ 93.2%€23k
Operating result€-16k-€4k€30k▲ 640%€26k▼ 14.1%€30k▲ 17.0%
Net result€-23k-€-3k▲ 87.8%€23k€20k▼ 14.8%€24k▲ 23.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20k€40kOperating result 2021: €-16k€-16kNet result 2021: €-23k€-23kOperating result 2022: €4k€4kNet result 2022: €-3k€-3kOperating result 2023: €30k€30kNet result 2023: €23k€23kOperating result 2024: €26k€26kNet result 2024: €20k€20kOperating result 2025: €30k€30kNet result 2025: €24k€24k20212022202320242025
The operating result recovers in 2025; 2025 is 17% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €221k
Fixed assets €114k▼ 12.3%
Current assets €106k▲ 33.4%
Equity and liabilities €221k
Equity €23k
Debt €198k
Debt finances 89.6% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€50k
2024 · €51k
Cash flow
€45k
2024 · €45k
Solvency
10.4%
2024 · -0.7%
Current ratio
1.00
2024 · 0.75
Quick ratio
0.99
2024 · 0.75
Debt / equity
8.59
ROE
106.3%
ROA
11.1%
2024 · 9.4%
Interest coverage
9.37
2024 · 7.97
Debt
€198k
2024 · €212k
Debt ≤ 1 year
€106k
2024 · €106k
Debt > 1 year
€92k
2024 · €106k
Income taxes
€272
2024 · €187
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€210k€221k
Fixed assets21/28€131k€114k
Tangible fixed assets22/27€131k€114k
Land and buildings22€118k€103k
Plant, machinery and equipment23€4k€3k
Furniture and vehicles24€1k€1k
Leasing and similar rights25€0-
Other tangible fixed assets26€7k€7k
Current assets29/58€80k€106k
Stocks and contracts in progress3€705€1k
Stocks30/36€705€1k
Amounts receivable within one year40/41€568€1k
Trade receivables40€568€300
Other amounts receivable41-€811
Current investments50/53€40k€0
Cash at bank and in hand54/58€37k€103k
Deferred charges and accrued income490/1€1k€1k
Equity and liabilities
Total equity and liabilities10/49€210k€221k
Equity10/15€-1k€23k
Contributions10/11€45k€45k=
Profit (loss) carried forward14€-46k€-22k
Amounts payable17/49€212k€198k
Amounts payable after more than one year17€106k€92k
Financial debts170/4€106k€92k
Amounts payable within one year42/48€106k€106k
Current portion of amounts payable after more than one year42€14k€14k
Trade debts44€8k€8k
Suppliers440/4€8k€8k
Taxes, remuneration and social security45€5k€5k
Taxes450/3€5k€5k
Other amounts payable47/48€80k€79k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€20k
Other operating charges640/8€3k€4k
Gross operating margin9900€54k€54k
Operating profit (loss)9901€26k€30k
Financial income75/76B€713€32
Recurring financial income75€713€32
Financial charges65/66B€6k€5k
Recurring financial charges65€6k€5k
Profit (loss) for the period before taxes9903€20k€25k
Income taxes67/77€187€272
Profit (loss) for the period9904€20k€24k
Profit (loss) for the period to be appropriated9905€20k€24k
Appropriation of the result
Profit (loss) to be appropriated9906€-46k€-22k
Profit (loss) brought forward from the previous period14P€-66k€-46k

The notes to these accounts (7 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
01-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €24k ▲23.2%
Operating result €30k, net result €24k, both a record.
17-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
15-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €23k
Net result €23k after 5 loss-making years.
26-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
07-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
26-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
24-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
10-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Grimbergen · 1 establishment unit since 2012
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.

Wolvertemsesteenweg 3591850 Grimbergen
Ground area
1,265 m²
Building footprint
292 m²
Volume, LiDAR
1,609 m³
2 parcels, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Wash84
Wijnberg 9, 1860 MeisePersonal service activities
since 20122.210.165.784
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23403F0104/00L000 Flanders 708 m² 1 · 161 m² 7.0 m · 2 fl.
23050F0444/02L000 Flanders 557 m² 1 · 131 m² 8.9 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 1,001 companies in sector 96102 we hold annual accounts for 460. 335 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded30-04-2012
Fiscal year end31-12
Activities, NACEBEL
96102Launderettes and laundries for private customers
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.