TOOLSERVICES
BankruptcySummary
The KBO register records for TOOLSERVICES the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show equity of €30,070 and a net result of €18,212.
Are you a creditor?
Open bankruptcy
Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
31 d late
2020
31 d late
2019
105 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 56 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Turnover
€55,355▲ 57.0%
2020 · €35,250
EBIT margin
33.0%▲ 7.2pp
2020 · 25.8%
Net result
€18,212▲ 165%
2020 · €6,881
Working capital
€28,941▲ 176%
2020 · €10,496
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Turnover€62,044-€74,799▲ 20.6%€35,250▼ 52.9%€55,355▲ 57.0%
Operating result-€6,515--€4,511▲ 30.8%€9,100€18,257▲ 101%
Net result-€6,555--€6,307▲ 3.8%€6,881€18,212▲ 165%
EBIT margin-10.5%--6.0%▲ 4.5pp25.8%▲ 31.8pp33.0%▲ 7.2pp
Equity€11,284-€4,977▼ 55.9%€11,858▲ 138%€30,070▲ 154%
Total assets€17,812-€18,439▲ 3.5%€18,416▼ 0.1%€37,031▲ 101%
Debt€6,528-€13,462▲ 106%€6,557▼ 51.3%€6,961▲ 6.2%
Working capital€7,808-€1,436▼ 81.6%€10,496▲ 631%€28,941▲ 176%
Staff (FTE)0.7-0.6▼ 14.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2021 is 101% above 2020 and is the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €37,031
Fixed assets
€1,129 ▼ 17.1%
Current assets
€35,902 ▲ 111%
Equity and liabilities €37,031
Equity
€30,070 ▲ 154%
Debt
€6,961 ▲ 6.2%
Debt's share of the balance-sheet total falls from 35.6% to 18.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€19,031▲
2020 · €9,554
Cash flow
€18,986▲
2020 · €7,335
Current ratio
5.16▲
2020 · 2.60
Debt to equity
0.23
ROE
60.6%▲
2020 · 58.0%
ROA
49.2%▲
2020 · 37.4%
Interest coverage
422.73
Debt ≤ 1 year
€6,961▲
2020 · €6,557
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Turnover70 | €62,044 | €74,799 | €35,250 | €55,355 | ▲ 57.0% |
| Non-recurring operating income76A | - | - | - | €3,750 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €40,073 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,622 | €2,676 | €454 | €774 | ▲ 70.6% |
| Other operating charges640/8 | - | - | - | €0 | - |
| Gross operating margin9900 | €30,116 | €29,294 | €9,924 | €19,031 | ▲ 91.8% |
| Operating profit (loss)9901 | -€6,515 | -€4,511 | €9,100 | €18,257 | ▲ 101% |
| Recurring financial income75 | - | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €45 | - |
| Recurring financial charges65 | €39 | €39 | €42 | €45 | ▲ 6.8% |
| Profit (loss) for the period before taxes9903 | -€6,555 | -€6,307 | €6,881 | €18,212 | ▲ 165% |
| Profit (loss) for the period9904 | -€6,555 | -€6,307 | €6,881 | €18,212 | ▲ 165% |
| Profit (loss) for the period to be appropriated9905 | -€6,555 | -€6,307 | €6,881 | €18,212 | ▲ 165% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €17,812 | €18,439 | €18,416 | €37,031 | ▲ 101% |
| Fixed assets21/28 | €4,437 | €3,541 | €1,362 | €1,129 | ▼ 17.1% |
| Tangible fixed assets22/27 | €4,377 | €3,481 | €1,302 | €1,069 | ▼ 17.9% |
| Plant, machinery and equipment23 | - | - | - | €1,069 | - |
| Financial fixed assets28 | €60 | €60 | €60 | €60 | = |
| Current assets29/58 | €13,375 | €14,898 | €17,054 | €35,902 | ▲ 111% |
| Amounts receivable within one year40/41 | €6,514 | €12,674 | €13,540 | €31,026 | ▲ 129% |
| Trade receivables40 | - | - | - | €3,059 | - |
| Other amounts receivable41 | - | - | - | €27,968 | - |
| Cash at bank and in hand54/58 | €6,861 | €2,224 | €3,514 | €4,875 | ▲ 38.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €17,812 | €18,439 | €18,416 | €37,031 | ▲ 101% |
| Equity10/15 | €11,284 | €4,977 | €11,858 | €30,070 | ▲ 154% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | - |
| Profit (loss) carried forward14 | -€7,316 | -€13,623 | -€6,742 | €11,470 | ▲ 270% |
| Amounts payable17/49 | €6,528 | €13,462 | €6,557 | €6,961 | ▲ 6.2% |
| Amounts payable within one year42/48 | €5,567 | €13,462 | €6,557 | €6,961 | ▲ 6.2% |
| Trade debts44 | €5,393 | €6,732 | €1,798 | €2,903 | ▲ 61.4% |
| Suppliers440/4 | - | - | - | €2,903 | - |
| Taxes, remuneration and social security45 | - | - | - | €4,058 | - |
| Taxes450/3 | - | - | - | €3,878 | - |
| Remuneration and social security454/9 | - | - | - | €180 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,555 | -€6,307 | €6,881 | €18,212 | ▲ 165% |
| + Depreciation and write-downs630 | €3,622 | €2,676 | €454 | €774 | ▲ 70.6% |
| Operating cash flow (approximation) | -€2,933 | -€3,631 | €7,335 | €18,986 | ▲ 159% |
| Investment in fixed assets (approximation) | - | -€1,780 | €1,726 | -€541 | ▼ 131% |
| Change in cash | - | -€4,637 | €1,290 | €1,362 | ▲ 5.6% |
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
2025
04-04
KBO administration
Address struck
Rue de la Halle 3 Die Sitzadresse Rue de la Halle 3 5000
Namur · event 24-08-2024
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €18,212 ▲165%
Operating result €18,257, net result €18,212, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Back to profitnet €6,881
Net result €6,881 after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 2.60
Current ratio from 1.11 to 2.60; short-term debt falls from €13,462 to €6,557.
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 105 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Namur · 1 establishment unit since 2016
Ground area
1,166 m²
Building footprint
205 m²
Volume, LiDAR
608 m³
2 parcels, Wallonia · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Tool Services
since 20162.256.205.647
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92130A0061/00K002 | Wallonia | 1,109 m² | 1 · 157 m² | - |
| 92094C0898/00_000 | Wallonia | 57 m² | 1 · 48 m² | 14.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded18-08-2016
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.