TORDAS
ActiveThe computed 12-month bankruptcy probability of TORDAS is 1.6% (moderate). The 2024 annual accounts show equity of €97k and a net result of €6k. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 83% of 18942 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▲+1
Solvency93▲+8
Growth68=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity ample (current ratio 2.98 against 2.87 in 2023; short-term debt: 19.2% and cash: 6% of total assets), and 31.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
77 d late
2022
60 d late
2021
19 d late
2020
66 d late
2019
92 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€194k▲ 20.2%
2018 · €161k
2018: €161k
2018 → 2019
EBIT margin
10.9%▲ 3.3pp
2018 · 7.5%
2018: 7.5%
2018 → 2019
Net result
€6k▲ 7.9%
2023 · €5k
2018: €11k
2019: €17k
2020: €20k
2021: €-15k
2022: €3k
2023: €5k
2018 → 2024
Working capital
€54k▲ 8.1%
2023 · €50k
2018: €20k
2019: €33k
2020: €46k
2021: €38k
2022: €62k
2023: €50k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€98k-€82k▼ 15.4%€85k▲ 3.3%€91k▲ 6.4%€97k▲ 6.5%
Operating result€16k-€-18k€1k€5k▲ 265%€6k▲ 9.8%
Net result€20k-€-15k€3k€5k▲ 103%€6k▲ 7.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 10% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €141k
Fixed assets
€60k▼ 18.5%
Current assets
€81k▲ 5.9%
Equity and liabilities €141k
Equity
€97k▲ 6.5%
Debt
€44k▼ 25.3%
The debt ratio falls from 39.6% to 31.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€22k▼
2023 · €25k
Cash flow
€22k▼
2023 · €26k
Solvency
68.5%▲
2023 · 60.4%
Current ratio
2.98▲
2023 · 2.87
Quick ratio
2.91▲
2023 · 2.80
Debt / equity
0.46▼
2023 · 0.66
ROE
6.1%▲
2023 · 6.1%
ROA
4.2%▲
2023 · 3.7%
Interest coverage
11.89▲
2023 · 9.28
Debt
€44k▼
2023 · €60k
Debt ≤ 1 year
€27k▲
2023 · €27k
Debt > 1 year
€17k▼
2023 · €33k
Income taxes
€2k▲
2023 · €132
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€150k€141k▼
Fixed assets21/28€74k€60k▼
Tangible fixed assets22/27€74k€60k▼
Land and buildings22€8k€7k▼
Plant, machinery and equipment23€45k€38k▼
Furniture and vehicles24€21k€16k▼
Current assets29/58€76k€81k▲
Stocks and contracts in progress3€2k€2k▲
Stocks30/36€2k€2k▲
Amounts receivable within one year40/41€58k€69k▲
Other amounts receivable41€58k€69k▲
Cash at bank and in hand54/58€12k€8k▼
Deferred charges and accrued income490/1€4k€1k▼
Equity and liabilities
Total equity and liabilities10/49€150k€141k▼
Equity10/15€91k€97k▲
Contributions10/11€12k€12k=
Reserves13€74k€80k▲
Non-distributable reserves130/1€434€434=
Reserves not available under the articles1311€434€434=
Distributable reserves133€74k€79k▲
Profit (loss) carried forward14€4k€4k=
Amounts payable17/49€60k€44k▼
Amounts payable after more than one year17€33k€17k▼
Financial debts170/4€33k€17k▼
Amounts payable within one year42/48€27k€27k▲
Current portion of amounts payable after more than one year42€15k€16k▲
Trade debts44€9k€7k▼
Suppliers440/4€9k€7k▼
Taxes, remuneration and social security45€2k€5k▲
Taxes450/3€2k€2k▲
Remuneration and social security454/9€750€3k▲
Accrued charges and deferred income492/3€19-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€16k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€28k€23k▼
Operating profit (loss)9901€5k€6k▲
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€6k€8k▲
Income taxes67/77€132€2k▲
Profit (loss) for the period9904€5k€6k▲
Profit (loss) for the period to be appropriated9905€5k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€10k▲
Profit (loss) brought forward from the previous period14P€-1k€4k▲
Transfer to equity691/2-€6k
To other reserves6921-€6k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2024
16-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 77 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial
Weakest financial yearnet €-15k ▼177%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
05-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 66 days late
2020
31-12
Financial
Highest result since 2018net €20k ▲14.9%
Net result €20k, the highest in the series.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
01-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 213 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 92 days late
2016
31-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 92 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zemst · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Nedergemlaan 51980 ZemstGround area
2,261 m²
Building footprint
649 m²
Volume, LiDAR
3,430 m³
2 parcels, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FRITUUR CENTRUM
since 20112.206.271.631
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23020C0104/00K002 | Flanders | 1,559 m² | 1 · 227 m² | 9.9 m · 2 fl. |
| 23642D0853/00C005indicative | Flanders | 702 m² | 1 · 422 m² | 8.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteVilvoorde2.206.271.631
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 7,868 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-03-2011
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.