TOOLMAX · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of TOOLMAX is 0.4% (very low). The 2025 annual accounts show equity of €24k and a net result of €171. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 33% of 40 sector peers (fiscal year 2025). The company has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

1 signal · with evidence

Consistently profitable

Positive net result in the two most recent financial years (2024 and 2025).

View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

A punctual record breaks

This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-02-2026, 6 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 30-06. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-06-2025, that is 31-01-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
30-06-2025	31-01-2026	06-02-2026	6 d late	2026-00037182
30-06-2024	31-01-2025	30-01-2025	1 d early	2025-00020395
30-06-2023	31-01-2024	08-01-2024	23 d early	2024-00000539
30-06-2022	31-01-2023	04-01-2023	27 d early	2023-20553531
30-06-2021	31-01-2022	07-12-2021	55 d early	2021-79600418
30-06-2020	31-01-2021	30-11-2020	62 d early	2020-73300205
30-06-2019	31-01-2020	29-11-2019	63 d early	2019-74700133
30-06-2018	31-01-2019	30-11-2018	62 d early	2018-73400195
30-06-2017	31-01-2018	27-11-2017	65 d early	2017-70500095
30-06-2016	31-01-2017	24-11-2016	68 d early	2016-68500504

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Long-established

Founded in 1993, 33 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.4% Very low

0%0,5%1,5%4%10%≥25%

Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€171+85495.0%

Working capital€24k+0.5%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 06-02-2026 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

stable Equity: stable across 7 fiscal years (±1.5%/year).

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 28 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	16.4%	48.5%	better than 33% of 40 sector peers
Net result	€171	€14k	better than 29% of 40 sector peers
Equity	€24k	€85k	better than 21% of 40 sector peers
Gross operating margin	€8k	€52k	better than 25% of 40 sector peers
Total assets	€144k	€268k	better than 29% of 40 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P33

Stable position over 2020-2025 · n=39-123

Net result P29

Stable position over 2020-2025 · n=39-123

Equity P21

Stable position over 2020-2025 · n=39-123

Gross operating margin P25

Improving position over 2020-2025 · n=39-123

Describes the position versus peers, not a forecast.

Net profit

€171

+85495.0% 19-25

Total assets

€144k

+7.2% 19-25

Equity

€24k

+0.7% 19-25

Working capital

€24k

+0.5% 19-25

Debt

€120k

+8.6% 19-25

Debt ≤ 1y

€120k

+8.6% 19-25

Current ratio

1.20

-1.3% 19-25

Quick ratio

1.20

-1.3% 19-25

Show 4 other metrics

Solvency

16.4%

-6.0% 19-25

Debt / equity

5.08

+7.8% 19-25

ROE

0.7%

+84876.5% 19-25

ROA

0.1%

+79745.3% 19-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	-
Net profit	€171
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€144k
Equity	€24k
Debt	€120k
of which ≤ 1y	€120k
of which > 1y	-
Working capital	€24k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	1.20
Quick ratio	1.20
Working capital ratio	16.5%
Solvency	16.4%
Debt / equity	5.08
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	0.1%
ROE	0.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €112 · 0.1% Current assets €144k · 99.9%

Equity & liabilities

Equity €24k · 16.4% Debt €120k · 83.6%

Full annual accounts (20 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€144k
Fixed assets	21/28	€112
Financial fixed assets	28	€112
Current assets	29/58	€144k
Amounts receivable within one year	40/41	€143k
Cash & bank	54/58	€613
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€144k
Equity	10/15	€24k
Contributions / capital	10/11	€32k
Reserves	13	€3k
Accumulated profits (losses)	14	€-11k
Amounts payable	17/49	€120k
Amounts payable within one year	42/48	€120k
Trade debts payable within one year	44	€263
Income statement
Gross operating margin	9900	€8k
Operating result	9901	€8k
Financial charges	65	€8k
Result before taxes	9903	€171
Net result for the period	9904	€171
Result to be appropriated	9905	€171

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

61 / 100 Healthy

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Blinde-Rodenbachstraat 62B8800 Roeselare

Establishment units

1 location

Blinde-Rodenbachstraat 62 B, 8800 Roeselare

Algemene metaalbewerking

since 19932.063.836.336

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area497 m²

Buildings1

Building footprint113 m²

Volume (LiDAR)580 m³

Tallest building8.6 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
36302B0153/00C002	Flanders	497 m²	1 · 113 m²	8.6 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 act

Capital history · 1

20-03-2024

Capital change

All acts · 1 updated 2 years ago

2024

20-03-2024 Capital decrease of €34,903.41 to €0 Capital & shares·Kathleen Van den Eynde

€34.903,41 → €0

Notary: Kathleen Van den Eynde · Roeselare

Original publication ↗

Analysis

Financial profile

5 of 5 axes measured

54 / 100

Mixed profile: strong on stability, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 61

Profitability 4

Solvency 26

Growth 78

Stability 100

Credit advice

verdict per customer and amount

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We hold annual accounts for 55 of the 347 companies in this sector. 30 of them are within a factor 10 of this company's equity.

See full sector →

Company registry

Company registry (CBE)

Crossroads Bank

Activities

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Primary activity highlighted.

Names & trade names

Legal nameNL

TOOLMAX

Registered office

Blinde-Rodenbachstraat 62B

8800 Roeselare, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.