TORCO
ActiveSummary
The computed 12-month bankruptcy probability of TORCO is 1.6% (moderate). The 2025 annual accounts show equity of €17,027 and a net result of €12,027. Its solvency ranks better than 48% of 11547 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Turnover and EBIT margin not published: the micro schema does not require them.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,506 |
| Other operating charges640/8 | €278 |
| Gross operating margin9900 | €22,940 |
| Operating profit (loss)9901 | €17,155 |
| Financial income75/76B | €18 |
| Recurring financial income75 | €18 |
| Financial charges65/66B | €329 |
| Recurring financial charges65 | €329 |
| Profit (loss) for the period before taxes9903 | €16,844 |
| Income taxes67/77 | €4,816 |
| Profit (loss) for the period9904 | €12,027 |
| Profit (loss) for the period to be appropriated9905 | €12,027 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €42,933 | |
| Fixed assets21/28 | €9,669 | |
| Intangible fixed assets21 | €272 | |
| Tangible fixed assets22/27 | €9,397 | |
| Plant, machinery and equipment23 | €9,397 | |
| Current assets29/58 | €33,264 | |
| Amounts receivable within one year40/41 | €10,446 | |
| Trade receivables40 | €10,421 | |
| Other amounts receivable41 | €25 | |
| Cash at bank and in hand54/58 | €22,818 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €42,933 | |
| Equity10/15 | €17,027 | |
| Contributions10/11 | €5,000 | |
| Reserves13 | €12,027 | |
| Distributable reserves133 | €12,027 | |
| Amounts payable17/49 | €25,906 | |
| Amounts payable within one year42/48 | €25,906 | |
| Taxes, remuneration and social security45 | €6,698 | |
| Taxes450/3 | €6,698 | |
| Other amounts payable47/48 | €19,208 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €12,027 |
| + Depreciation and write-downs630 | €5,506 |
| Operating cash flow (approximation) | €17,534 |
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
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34012D0480/00L000 | Flanders | 1,487 m² | 1 · 235 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Subsidies and aid
Flemish government
2024 · 1 entry · 403 EUR awarded · 403 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 403 EUR | 403 EUR |
Similar companies · same sector, comparable size
Company details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.