Checked.be
Active
BE 0775.574.485Public limited company
TOOLSEN
Vlamingveld 32 ·8490 Jabbeke, Belgium· 4 yrs active
Sector: Retail trade
(47521)
Conclusion
The computed 12-month bankruptcy probability of TOOLSEN is 1.7% (moderate). The 2024 annual accounts show equity of €1.21M and a net result of €-60k. Its solvency ranks better than 86% of 1215 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €1.21M |
| Net result | €-60k |
| Staff (FTE) | 9.8 |
| Better than sector | 86% |
Snowflake analysis
55
/ 100
Mixed profile: strong on solvency, weaker on profitability.
Health
47
Profitability
0
Solvency
100
Growth
32
Stability
94
Bankruptcy probability (12 mo)
1.7%
Moderate
0%0,5%1,5%4%10%≥25%
Young company
+Higher-failure-rate sector
+Lower-risk legal form
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags
No administrative flags
Health barometer
47
/ 100
Fair
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview
Annual accounts filed on 13-06-2025 with the NBB · fiscal year 2024 · verkort
Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 65.1% | 20.4% | |
| Net result | €-60k | €26k | |
| Equity | €1.21M | €142k | |
| Gross operating margin | €507k | €217k | |
| Staff costs | €572k | €164k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€-66k
-
far below sector median
€-60k
-
far below sector median
€-38k
-
far below sector median
€1.87M
+0.2%
far above sector median
€1.21M
-4.7%
far above sector median
€1.09M
-7.8%
far above sector median
10
+3.2%
far above sector median
€572k
+15.3%
far above sector median
€15
-100.0%
-89% vs sector
€0
-100.0%
23-24
€652k
+10.9%
far above sector median
€627k
+6.6%
far above sector median
€25k
-
-80% vs sector
2.73
-9.0%
+52% vs sector
0.75
-17.0%
-34% vs sector
65.1%
-4.9%
+42% vs sector
0.54
+16.3%
-55% vs sector
-4.9%
-
+71% vs sector
-3.2%
-
-10% vs sector
-7.51
-
far below sector median
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-66k |
| Net profit | €-60k |
| Cash flow | €-38k |
| Staff costs | €572k |
| Income taxes | €15 |
| Dividends | €0 |
| Total assets | €1.87M |
| Equity | €1.21M |
| Debt | €652k |
| of which ≤ 1y | €627k |
| of which > 1y | €25k |
| Working capital | €1.09M |
| Employees (FTE) | 9.8 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 2.73 |
| Quick ratio | 0.75 |
| Working capital ratio | 58.1% |
| Solvency | 65.1% |
| Debt / equity | 0.54 |
| Long-term debt ratio | 0.02 |
| Interest coverage | -7.51 |
| Gross margin | - |
| Net margin | - |
| ROA | -3.2% |
| ROE | -4.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.87M |
| Fixed assets | 21/28 | €153k |
| Formation expenses | 20 | €2k |
| Intangible fixed assets | 21 | €33k |
| Tangible fixed assets | 22/27 | €80k |
| Financial fixed assets | 28 | €40k |
| Current assets | 29/58 | €1.71M |
| Stocks & contracts in progress | 3 | €1.24M |
| Amounts receivable within one year | 40/41 | €377k |
| Cash & bank | 54/58 | €92k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.87M |
| Equity | 10/15 | €1.21M |
| Contributions / capital | 10/11 | €250k |
| Reserves | 13 | €965k |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €652k |
| Amounts payable after one year | 17 | €25k |
| Amounts payable within one year | 42/48 | €627k |
| Trade debts payable within one year | 44 | €145k |
| Income statement | ||
| Gross operating margin | 9900 | €507k |
| Operating result | 9901 | €-87k |
| Financial income | 75 | €36k |
| Financial charges | 65 | €9k |
| Result before taxes | 9903 | €-60k |
| Income taxes | 67/77 | €15 |
| Net result for the period | 9904 | €-60k |
| Result to be appropriated | 9905 | €-45k |
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Ratios computed by Checked.
Legal Structure
| NACE primary | Retail trade(47521) |
| Legal form | Public limited company(014) |
| Incorporation | 11-10-2021 |
| Status | Active |
| Postal code | 8490 |
Establishment units
TOOLSEN
since 20212.322.711.223
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
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
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31012B0704/00K000 | Flanders | 4,978 m² | 1 · 3,060 m² | 8.7 m · 2 fl. |
| 31031B0219/00T011 | Flanders | 186 m² | 1 · 263 m² | 11.1 m · 1 fl. |
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.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
13-06-2025
NBB filing
Annual accounts filed
2024
11-07-2024
NBB filing
Annual accounts filed
2023
27-06-2023
NBB filing
Annual accounts filed
Credit advice
AI due-diligence brief
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Company registry (CBE)
Activities
Bouwmarkten en andere doe-het-zelfzaken in bouwmaterialen, algemeen assortiment47521Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)47521Detailhandel in ijzerwaren en gereedschappen in gespecialiseerde winkels47525Detailhandel in ijzerwaren en gereedschappen47525Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen68201Administratieve en ondersteunende activiteiten ten behoeve van kantoren82100Diverse administratieve activiteiten ten behoeve van kantoren82110
Primary activity highlighted.
Names & trade names
| Legal nameNL | TOOLSEN |
Registered office
Vlamingveld 32
8490 Jabbeke, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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