TORBACK
ActiveSummary
TORBACK has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,450 and a net result of €7,950. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 3494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▼-11
Solvency46▼-7
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.99 against 1.25 in 2024; short-term debt: 79.5% and cash: 72.3% of total assets), and 79.5% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
31 d early
2024
41 d early
2023
26 d early
2022
34 d early
2021
33 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 33 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€10,450▼ 50.2%
2024 · €21,002
Total assets
€50,910▼ 32.9%
2024 · €75,894
Net result
€7,950▼ 57.0%
2024 · €18,502
Working capital
-€489
2024 · €13,449
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
Line20212022202320242025
Operating result€16,893-€11,768▼ 30.3%€20,434▲ 73.6%€25,767▲ 26.1%€12,266▼ 52.4%
Net result€12,246-€7,149▼ 41.6%€14,253▲ 99.4%€18,502▲ 29.8%€7,950▼ 57.0%
Equity€14,746-€21,895▲ 48.5%€36,148▲ 65.1%€21,002▼ 41.9%€10,450▼ 50.2%
Total assets€46,542-€52,423▲ 12.6%€73,628▲ 40.4%€75,894▲ 3.1%€50,910▼ 32.9%
Debt€31,796-€30,529▼ 4.0%€37,480▲ 22.8%€54,892▲ 46.5%€40,460▼ 26.3%
Working capital€10,445-€19,203▲ 83.9%€35,610▲ 85.4%€13,449▼ 62.2%-€489
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 52% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €50,910
Fixed assets
€10,940 ▲ 44.8%
Current assets
€39,971 ▼ 41.5%
Equity and liabilities €50,910
Equity
€10,450 ▼ 50.2%
Debt
€40,460 ▼ 26.3%
Debt's share of the balance-sheet total rises from 72.3% to 79.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€14,936▼
2024 · €27,328
Cash flow
€10,620▼
2024 · €20,063
Current ratio
0.99▼
2024 · 1.25
Debt to equity
3.87▲
2024 · 2.61
ROE
76.1%▼
2024 · 88.1%
ROA
15.6%▼
2024 · 24.4%
Interest coverage
26.51▼
2024 · 36.96
Debt ≤ 1 year
€40,460▼
2024 · €54,892
Income taxes
€3,752▼
2024 · €6,583
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,411 | €1,779 | €1,779 | €1,561 | €2,669 | ▲ 71.0% |
| Other operating charges640/8 | €318 | €1,045 | €670 | €3,334 | €1,291 | ▼ 61.3% |
| Gross operating margin9900 | €18,622 | €14,593 | €22,883 | €30,663 | €16,227 | ▼ 47.1% |
| Operating profit (loss)9901 | €16,893 | €11,768 | €20,434 | €25,767 | €12,266 | ▼ 52.4% |
| Financial income75/76B | €12 | €0 | - | €57 | €0 | ▼ 100% |
| Recurring financial income75 | €12 | €0 | - | €57 | €0 | ▼ 100% |
| Financial charges65/66B | €1,035 | €1,287 | €955 | €739 | €563 | ▼ 23.8% |
| Recurring financial charges65 | €1,035 | €1,287 | €955 | €739 | €563 | ▼ 23.8% |
| Profit (loss) for the period before taxes9903 | €15,870 | €10,481 | €19,479 | €25,084 | €11,703 | ▼ 53.3% |
| Income taxes67/77 | €3,624 | €3,332 | €5,226 | €6,583 | €3,752 | ▼ 43.0% |
| Profit (loss) for the period9904 | €12,246 | €7,149 | €14,253 | €18,502 | €7,950 | ▼ 57.0% |
| Profit (loss) for the period to be appropriated9905 | €12,246 | €7,149 | €14,253 | €18,502 | €7,950 | ▼ 57.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €46,542 | €52,423 | €73,628 | €75,894 | €50,910 | ▼ 32.9% |
| Fixed assets21/28 | €4,301 | €2,692 | €538 | €7,553 | €10,940 | ▲ 44.8% |
| Tangible fixed assets22/27 | €3,926 | €2,147 | €368 | €7,553 | €10,940 | ▲ 44.8% |
| Furniture and vehicles24 | €3,926 | €2,147 | €368 | €7,553 | €10,940 | ▲ 44.8% |
| Financial fixed assets28 | €375 | €545 | €170 | €0 | - | - |
| Current assets29/58 | €42,241 | €49,731 | €73,090 | €68,341 | €39,971 | ▼ 41.5% |
| Amounts receivable within one year40/41 | €15,360 | €10,164 | €23,958 | €60,737 | €2,476 | ▼ 95.9% |
| Trade receivables40 | €15,246 | €10,164 | €23,958 | €60,500 | €2,476 | ▼ 95.9% |
| Other amounts receivable41 | €114 | - | - | €237 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €26,821 | €38,889 | €49,078 | €6,904 | €36,801 | ▲ 433% |
| Deferred charges and accrued income490/1 | €60 | €678 | €53 | €699 | €695 | ▼ 0.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €46,542 | €52,423 | €73,628 | €75,894 | €50,910 | ▼ 32.9% |
| Equity10/15 | €14,746 | €21,895 | €36,148 | €21,002 | €10,450 | ▼ 50.2% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | €12,246 | €19,395 | €33,648 | €18,502 | €7,950 | ▼ 57.0% |
| Distributable reserves133 | €12,246 | €19,395 | €33,648 | €18,502 | €7,950 | ▼ 57.0% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €31,796 | €30,529 | €37,480 | €54,892 | €40,460 | ▼ 26.3% |
| Amounts payable within one year42/48 | €31,796 | €30,529 | €37,480 | €54,892 | €40,460 | ▼ 26.3% |
| Trade debts44 | €366 | €5,613 | €2,527 | €7,652 | €321 | ▼ 95.8% |
| Suppliers440/4 | €366 | €5,613 | €2,527 | €7,652 | €321 | ▼ 95.8% |
| Taxes, remuneration and social security45 | €14,551 | €10,249 | €16,034 | €15,684 | €13,975 | ▼ 10.9% |
| Taxes450/3 | €14,551 | €10,249 | €16,034 | €15,684 | €13,975 | ▼ 10.9% |
| Other amounts payable47/48 | €16,879 | €14,667 | €18,918 | €31,556 | €26,165 | ▼ 17.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,246 | €7,149 | €14,253 | €18,502 | €7,950 | ▼ 57.0% |
| + Depreciation and write-downs630 | €1,411 | €1,779 | €1,779 | €1,561 | €2,669 | ▲ 71.0% |
| Operating cash flow (approximation) | €13,657 | €8,928 | €16,032 | €20,063 | €10,620 | ▼ 47.1% |
| Investment in fixed assets (approximation) | - | -€170 | €375 | -€8,576 | -€6,056 | ▲ 29.4% |
| Change in cash | - | €12,068 | €10,189 | -€42,174 | €29,896 | ▲ 171% |
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
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €18,502 ▲29.8%
Operating result €25,767, net result €18,502, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €7,149 ▼41.6%
Net result drops to €7,149, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Temse · 1 establishment unit since 2021
Ground area
2,300 m²
Building footprint
534 m²
Volume, LiDAR
2,059 m³
Parcel 46025B0854/00N000, Flanders · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
TORBACK
since 20212.312.454.066
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46025B0854/00N000 | Flanders | 2,300 m² | 1 · 534 m² | 6.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
PEOPLE & INNOVATION
BE 0788.352.751
Elsene · Eq €10,509
Bold MA
BE 1008.869.284
Juprelle · Eq €10,546
Lies to meet you BV
BE 1026.960.081
Tremelo · Eq €10,551
MONA PRINT
BE 0799.712.342
Brussel · Eq €10,332
Vaya Agency
BE 1018.558.002
Somme-Leuze · Eq €10,612
Of 6,288 companies in sector 74120 we hold annual accounts for 1,011. 738 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
74120Graphic design and visual communication
Contact
E-mail
jessevangysel@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.