TORO CONSULT
ActiveTORO CONSULT has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.04M and a net result of €177k. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 72% of 13882 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▼-15
Solvency99▲+2
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 6.4 against 4.96 in 2024), and 39.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
60.7%
Return on assets
10.3%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 01-10-2025, 122 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
122 d early
2024
49 d early
2023
35 d early
2022
53 d early
2021
3 d early
2020
31 d early
2019
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.04M▲ 11.1%
2024 · €937k
2019: €366k
2020: €439k
2021: €710k
2022: €850k
2023: €806k
2024: €937k
2019 → 2025
Total assets
€1.71M▼ 0.9%
2024 · €1.73M
2019: €556k
2020: €950k
2021: €1.31M
2022: €2.12M
2023: €2.06M
2024: €1.73M
2019 → 2025
Net result
€177k▼ 31.6%
2024 · €259k
2019: €128k
2020: €73k
2021: €270k
2022: €141k
2023: €154k
2024: €259k
2019 → 2025
Working capital
€1.01M▲ 4.9%
2024 · €964k
2019: €290k
2020: €279k
2021: €659k
2022: €1.52M
2023: €1.32M
2024: €964k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€710k-€850k▲ 19.8%€806k▼ 5.2%€937k▲ 16.2%€1.04M▲ 11.1%
Operating result€212k-€225k▲ 6.5%€258k▲ 14.5%€409k▲ 58.5%€290k▼ 29.1%
Net result€270k-€141k▼ 48.0%€154k▲ 9.3%€259k▲ 68.4%€177k▼ 31.6%
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 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.71M
Fixed assets
€516k▼ 1.1%
Current assets
€1.20M▼ 0.8%
Equity and liabilities €1.71M
Equity
€1.04M▲ 11.1%
Debt
€673k▼ 15.0%
The debt ratio falls from 45.8% to 39.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€304k▼
2024 · €423k
Cash flow
€191k▼
2024 · €273k
Solvency
60.7%▲
2024 · 54.2%
Current ratio
6.40▲
2024 · 4.96
Quick ratio
3.71▲
2024 · 1.98
Debt / equity
0.65▼
2024 · 0.85
ROE
17.0%▼
2024 · 27.6%
ROA
10.3%▼
2024 · 15.0%
Interest coverage
10.85▼
2024 · 16.63
Debt
€673k▼
2024 · €792k
Debt ≤ 1 year
€187k▼
2024 · €244k
Debt > 1 year
€483k▼
2024 · €546k
Income taxes
€85k▼
2024 · €125k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.73M€1.71M▼
Fixed assets21/28€521k€516k▼
Tangible fixed assets22/27€512k€506k▼
Land and buildings22€507k€494k▼
Furniture and vehicles24€5k€3k▼
Other tangible fixed assets26-€9k
Financial fixed assets28€9k€9k=
Current assets29/58€1.21M€1.20M▼
Amounts receivable after more than one year29-€200k
Other amounts receivable291-€200k
Stocks and contracts in progress3€725k€502k▼
Stocks30/36€725k€502k▼
Amounts receivable within one year40/41€406k€338k▼
Other amounts receivable41€406k€338k▼
Cash at bank and in hand54/58€76k€158k▲
Deferred charges and accrued income490/1€250€166▼
Equity and liabilities
Total equity and liabilities10/49€1.73M€1.71M▼
Equity10/15€937k€1.04M▲
Contributions10/11€19k€19k=
Reserves13€918k€1.02M▲
Distributable reserves133€918k€1.02M▲
Amounts payable17/49€792k€673k▼
Amounts payable after more than one year17€546k€483k▼
Financial debts170/4€132k€102k▼
Other amounts payable178/9€413k€381k▼
Amounts payable within one year42/48€244k€187k▼
Current portion of amounts payable after more than one year42€30k€30k▲
Financial debts43-€32k
Credit institutions430/8-€32k
Trade debts44-€4k
Suppliers440/4-€4k
Taxes, remuneration and social security45€92k€51k▼
Taxes450/3€92k€51k▼
Other amounts payable47/48€122k€69k▼
Accrued charges and deferred income492/3€3k€3k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€15k▲
Other operating charges640/8€6k€15k▲
Gross operating margin9900€429k€320k▼
Operating profit (loss)9901€409k€290k▼
Financial charges65/66B€25k€28k▲
Recurring financial charges65€25k€28k▲
Profit (loss) for the period before taxes9903€383k€262k▼
Income taxes67/77€125k€85k▼
Profit (loss) for the period9904€259k€177k▼
Profit (loss) for the period to be appropriated9905€259k€177k▼
Appropriation of the result
Profit (loss) to be appropriated9906€259k€177k▼
Transfer from equity791/2€128k€73k▼
Transfer to equity691/2€259k€177k▼
To other reserves6921€259k€177k▼
Profit to be distributed694/7€128k€73k▼
Return on contributions (dividend)694€128k€73k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
01-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Equity above €1MEq €1.04M ▲11.1%
7 profitable years in a row build equity to €1.04M.
2024
13-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
27-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
09-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Liquidity triplescurrent ratio 36.69
Current ratio from 11.09 to 36.69; short-term debt falls from €65k to €43k.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €270k ▲271%
Net result €270k, the highest in the series.
30-06
Financial
Equity above €500kEq €710k ▲61.5%
3 profitable years in a row build equity to €710k.
2020
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Weakest financial yearnet €73k ▼43.2%
Net result drops to €73k, the lowest in the series; recovery starts the following year.
09-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
05-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
25-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
09-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial 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, Middelkerke · 1 establishment unit since 2010
Ground area
5,517 m²
Building footprint
489 m²
Volume, LiDAR
3,079 m³
2 parcels, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TORO CONSULT
since 20102.186.515.701
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35022B0327/00X024 | Flanders | 4,239 m² | 1 · 285 m² | 8.8 m · 2 fl. |
| 38018A0337/00B000 | Flanders | 1,278 m² | 1 · 204 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,637 companies in sector 68121 we hold annual accounts for 7,329. 3,842 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-01-2007
Fiscal year end30-06
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.