Equity
€156,742 ▲ 48.3%
Equity rose in 2025 from €105,724 to €156,742.
Toolmaster
Lifetime
2 annual accounts with figures on one time axispeak €86,852 (2025)
€86,852▲ 127%
peak €40,762 (2025)
€40,762▲ 67.7%
peak €156,742 (2025)
€156,742▲ 48.3%
€42,413▲ 69.1%
Board2 names since 2024
2 directors and 1 other
Documentsfilings and deeds
02-07-202629 days before the deadline
2025micro format
Gross margin from €38,252 to €86,852Result from €24,309 to €40,762Equity from €105,724 to €156,742Debts from €25,075 to €42,413Investments €113,895
Key points
from the 2025 annual accountsTurnover
≈ €200,000 estimated
The micro format states no turnover.
Investments
€113,895 2.4 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.59 was 2.51 in 2024
Short-term debts rose from €25,075 to €42,413.
Starting capital
€64,979 106,383 shares
Public support
€50,000 awarded from 2024 to 2025
Flemish support: Innovatieve starterssteun.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 39,326 companies had the same profile as Toolmaster has now. Each dot stands for 99 companies, two years later.
95.7%
were still trading
2.4%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 39,326 companies, not a prediction for Toolmaster. 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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Signals
Board and ownership
Director, , since 25-01-2024
Director, , since 25-01-2024
- 50,000 sharesdeed of 30-01-2024
- 50,000 sharesdeed of 30-01-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1005219413
Incorporation
Founding capital of €64,978.89, 106,383 shares · Founders: and · Appointments: (director) and (director) · published on 30-01-2024 · Gazette deed
First establishment
Sint-Dionysiusstraat 20, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Toolmaster Ghent | €208,053 | €86,852 | 75.3% | - |
| Lunaris Data Consulting Erpe-Mere | €210,698 | €103,627 | 72.8% | - |
| Your Totem Ghent | €178,939 | €76,653 | 37.3% | - |
| Systemist Temse | €171,675 | €93,266 | 72.4% | - |
| Codorama Ghent | €199,165 | €79,660 | 3.0% | - |
| ShareCo Aalst | €173,568 | €100,209 | 56.9% | - |
| DBN Consulting Geraardsbergen | €169,000 | €95,484 | 74.4% | - |
These companies have the same main activity as Toolmaster: computer programming (NACE 62100). They are comparable in size and age: total assets between €169,000 and €211,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 25-01-2024Normal situation
- Activity
- Computer programmingNACE 62100and 5 others
- Establishment unit
- 2.355.049.6379051 Ghent, since 25-01-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Annual accounts 2025
- €208,053▲ 52.7%
- Filing
- Filed on 02-07-2026, 29 days before the end of the filing period
Insights on Toolmaster
Toolmaster has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €156,742 and a net result of €40,762.
Its solvency ranks better than 68% of 22,044 sector peers (NACE 62, financial year 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 Toolmaster
- What is the company number of Toolmaster?
- The company number of Toolmaster is 1005.219.413. The VAT number is the same number with BE in front: BE 1005.219.413.
- Where is Toolmaster based?
- The registered office is at Sint-Dionysiusstraat 20, 9051 Ghent.Company details
- What does Toolmaster do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of Toolmaster?
- Toolmaster is a private limited company (BV).
- When was Toolmaster founded?
- Toolmaster was founded on 25-01-2024.
- Is Toolmaster still active?
- Yes, Toolmaster is an active enterprise in the KBO register.
- What is the turnover of Toolmaster?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €86,852 and 31 comparable companies (NACE 62100). It probably lies between €160,000 and €220,000.Financials
- Is Toolmaster profitable?
- In financial year 2025, Toolmaster made a profit of €40,762.
- Where can I find the annual accounts of Toolmaster?
- Toolmaster filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Toolmaster due?
- Toolmaster must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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