Equity
€160,879 ▲ 8.4%
TORAD has made a profit in every financial year since 2010.
TORAD
Lifetime
17 annual accounts with figures on one time axispeak €75,668 (2023)
€46,113▼ 15.4%
peak €34,379 (2023)
€12,443▼ 24.9%
peak €160,879 (2026)
€160,879▲ 8.4%
€154,485▼ 19.6%
Board1 name since 2022
1 director
Documentsfilings and deeds
05-10-202626 days before the deadline
2026micro format
Gross margin from €54,513 to €46,113Debts from €192,057 to €154,485Cash from €394 to €0
Key points
from the 2026 annual accountsSecurities
€270,000
Mortgages, new in 2026. 1.7 times equity · not in the 2025 accounts.
Filings
17 annual accounts since 2010
Two of the last ten came late. The 2018 accounts came latest: 5 days after the end of the period.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 10,902 companies had the same profile as TORAD has now. Each dot stands for 28 companies, two years later.
95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,331 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 10,902 companies, not a prediction for TORAD. 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
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0811113604
Change of role: , from manager to director
General meeting of 22-09-2023 · Gazette deed
Incorporation
published on 21-04-2009 · Gazette deed
First establishment
Kerkstraat 32, Zwalm
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TORAD Zwalm | €315,364 | €46,113 | 51.0% | - |
| LWD Nazareth-De Pinte | €278,889 | €45,178 | 20.3% | - |
| MAGYX Binche | €283,662 | €45,997 | 40.4% | - |
| GROUP KNIVES SACHINIDIS Dour | €316,639 | €44,370 | 56.3% | - |
| HOBBYSHOP LINDELAUF Bilzen-Hoeselt | €280,650 | €52,344 | 47.3% | - |
| MD Market Development Lubbeek | €369,820 | €42,975 | 53.4% | - |
| GINMA Izegem | €326,456 | €36,710 | 3.6% | - |
These companies have the same main activity as TORAD: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €279,000 and €370,000, founded between 2008 and 2010.
Official details
Source: KBO- Status
- Active since 10-04-2009Normal situation
- Activity
- Agents in non-specialised wholesale tradeNACE 46190and 3 others
- Establishment unit
- 2.177.935.9519630 Zwalm, since 10-04-2009
- Financial year end
- 31 March
- Peppol
- Reachable since 26-11-2025
Annual accounts to 31-03-2026
- ≈ €200,000estimated
- €315,364▼ 7.4%
- Filing
- Filed on 05-10-2026, 26 days before the end of the filing period
Insights on TORAD
TORAD files the micro format. That format states no turnover. The gross margin rose from €36,460 in 2010 to €46,113 in 2026.
The balance sheet grew most from 2019 to 2021 through fixed assets.
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 TORAD
- What is the company number of TORAD?
- The company number of TORAD is 0811.113.604. The VAT number is the same number with BE in front: BE 0811.113.604.
- Where is TORAD based?
- The registered office is at Kerkstraat 32, 9630 Zwalm.Company details
- What does TORAD do?
- According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
- What is the legal form of TORAD?
- TORAD is a private limited company (BV).
- When was TORAD founded?
- TORAD was founded on 10-04-2009.
- Is TORAD still active?
- Yes, TORAD is an active enterprise in the KBO register.
- What is the turnover of TORAD?
- The turnover in financial year 2026 is ≈ €200,000. This figure is estimated from the gross margin of €46,113 and 38 comparable companies (NACE 461). It probably lies between €130,000 and €510,000.Financials
- Is TORAD profitable?
- In financial year 2026, TORAD made a profit of €12,443.
- Where can I find the annual accounts of TORAD?
- TORAD filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of TORAD due?
- TORAD must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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