TORREELE
ActiveSummary
The computed 12-month bankruptcy probability of TORREELE is 2.8% (moderate). For TORREELE, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€71,430) and a net result of -€6,328. Equity is shrinking by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 33680 sector peers (fiscal year 2023). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
-730.5%
Return on assets
-64.7%
Age of the figures
39 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-06-2024 close31-01-2025 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 19-02-2024, 19 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
19 d late
2022
28 d late
2021
25 d late
2020
1 d late
2019
24 d late
← 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 19 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, micro schema
Equity
-€71,430▼ 9.7%
2022 · -€65,102
Total assets
€9,779▼ 38.9%
2022 · €16,002
Net result
-€6,328▲ 49.3%
2022 · -€12,484
Working capital
-€72,597▼ 11.5%
2022 · -€65,102
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result-€10,878--€5,460▲ 49.8%€5,280-€9,926-€3,912▲ 60.6%
Net result-€16,543--€9,051below the sector's middle half▲ 45.3%€2,359within the sector's middle half-€12,484below the sector's middle half-€6,328below the sector's middle half▲ 49.3%
Equity-€45,926--€54,977below the sector's middle half▼ 19.7%-€52,618below the sector's middle half▲ 4.3%-€65,102below the sector's middle half▼ 23.7%-€71,430below the sector's middle half▼ 9.7%
Total assets€44,299-€27,257below the sector's middle half▼ 38.5%€21,791below the sector's middle half▼ 20.1%€16,002below the sector's middle half▼ 26.6%€9,779below the sector's middle half▼ 38.9%
Debt€90,224-€82,234▼ 8.9%€74,409▼ 9.5%€81,104▲ 9.0%€81,209▲ 0.1%
Working capital-€53,946--€61,690below the sector's middle half▼ 14.4%-€58,503below the sector's middle half▲ 5.2%-€65,102below the sector's middle half▼ 11.3%-€72,597below the sector's middle half▼ 11.5%
Solvency-103.7%--201.7%below the sector's middle half▼ 98.0pp-241.5%below the sector's middle half▼ 39.8pp-406.8%below the sector's middle half▼ 165.4pp-730.5%below the sector's middle half▼ 323.6pp
Current ratio0.26-0.14below the sector's middle half▼ 0.120.18below the sector's middle half▲ 0.040.20below the sector's middle half▲ 0.010.11below the sector's middle half▼ 0.09
Return on assets (ROA)-37.3%--33.2%below the sector's middle half▲ 4.1pp10.8%within the sector's middle half▲ 44.0pp-78.0%below the sector's middle half▼ 88.8pp-64.7%below the sector's middle half▲ 13.3pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3,912 in 2023 against €9,926 in 2022; the loss shrinks.
Balance-sheet composition
Assets €9,779
Fixed assets
€1,167
Current assets
€8,612
Key figures and ratios
EBITDA
-€3,328▼
2022 · -€1,346
Cash flow
-€5,745▼
2022 · -€3,904
Quick ratio
0.03▼
2022 · 0.12
Debt to equity
-1.14▲
2022 · -1.25
Interest coverage
-1.38▼
2022 · -0.53
Debt ≤ 1 year
€81,209▲
2022 · €81,104
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,293 | €8,580 | €8,580 | €8,580 | €583 | ▼ 93.2% |
| Other operating charges640/8 | - | - | - | €587 | €609 | ▲ 3.6% |
| Gross operating margin9900 | -€18 | €3,623 | €14,569 | -€759 | -€2,720 | ▼ 258% |
| Operating profit (loss)9901 | -€10,878 | -€5,460 | €5,280 | -€9,926 | -€3,912 | ▲ 60.6% |
| Financial income75/76B | - | - | - | €1 | - | - |
| Recurring financial income75 | €0 | €2 | €36 | €1 | - | - |
| Financial charges65/66B | - | - | - | €2,558 | €2,417 | ▼ 5.5% |
| Recurring financial charges65 | €5,665 | €3,593 | €2,958 | €2,558 | €2,417 | ▼ 5.5% |
| Profit (loss) for the period before taxes9903 | -€16,543 | -€9,051 | €2,359 | -€12,484 | -€6,328 | ▲ 49.3% |
| Profit (loss) for the period9904 | -€16,543 | -€9,051 | €2,359 | -€12,484 | -€6,328 | ▲ 49.3% |
| Profit (loss) for the period to be appropriated9905 | -€16,543 | -€9,051 | €2,359 | -€12,484 | -€6,328 | ▲ 49.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €44,299 | €27,257 | €21,791 | €16,002 | €9,779 | ▼ 38.9% |
| Fixed assets21/28 | €25,740 | €17,160 | €8,580 | - | €1,167 | - |
| Tangible fixed assets22/27 | €25,740 | €17,160 | €8,580 | - | €1,167 | - |
| Furniture and vehicles24 | - | - | - | - | €1,167 | - |
| Current assets29/58 | €18,559 | €10,097 | €13,211 | €16,002 | €8,612 | ▼ 46.2% |
| Stocks and contracts in progress3 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Stocks30/36 | - | - | - | €6,197 | €6,197 | = |
| Amounts receivable within one year40/41 | €11,773 | €3,537 | €6,655 | €8,495 | €2,271 | ▼ 73.3% |
| Trade receivables40 | - | - | - | €2,880 | €2,271 | ▼ 21.2% |
| Other amounts receivable41 | - | - | - | €5,615 | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €1,309 | €144 | ▼ 89.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €44,299 | €27,257 | €21,791 | €16,002 | €9,779 | ▼ 38.9% |
| Equity10/15 | -€45,926 | -€54,977 | -€52,618 | -€65,102 | -€71,430 | ▼ 9.7% |
| Contributions10/11 | €18,600 | - | - | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | - | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€66,386 | -€75,437 | -€73,078 | -€85,562 | -€91,890 | ▼ 7.4% |
| Amounts payable17/49 | €90,224 | €82,234 | €74,409 | €81,104 | €81,209 | ▲ 0.1% |
| Amounts payable after more than one year17 | €17,720 | €10,447 | €2,695 | - | - | - |
| Amounts payable within one year42/48 | €72,504 | €71,787 | €71,714 | €81,104 | €81,209 | ▲ 0.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3,974 | - | - |
| Financial debts43 | - | - | - | €2,145 | €12,798 | ▲ 497% |
| Credit institutions430/8 | - | - | - | €2,145 | €12,798 | ▲ 497% |
| Trade debts44 | €23,691 | €15,232 | €20,378 | €41,153 | €23,593 | ▼ 42.7% |
| Suppliers440/4 | - | - | - | €41,153 | €23,593 | ▼ 42.7% |
| Advances received on contracts in progress46 | - | - | - | €3,485 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €25 | €910 | ▲ 3,541% |
| Taxes450/3 | - | - | - | €25 | €910 | ▲ 3,541% |
| Other amounts payable47/48 | - | - | - | €30,323 | €43,908 | ▲ 44.8% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,543 | -€9,051 | €2,359 | -€12,484 | -€6,328 | ▲ 49.3% |
| + Depreciation and write-downs630 | €9,293 | €8,580 | €8,580 | €8,580 | €583 | ▼ 93.2% |
| Operating cash flow (approximation) | -€7,250 | -€471 | €10,939 | -€3,904 | -€5,745 | ▼ 47.2% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
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
2024
19-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
25-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
30-06
Financial
Back to profitnet €2,359
Net result €2,359 after 2 loss-making years.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
24-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
11-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 11 days late
2018
22-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
23-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
22-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
18-02
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Herent · 1 establishment unit since 1999
Ground area
791 m²
Building footprint
297 m²
Volume, LiDAR
163 m³
Parcel 24127B0151/00H000, Flanders · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Mechelsesteenweg 1017, 3020 Herent
since 19992.091.812.918
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24127B0151/00H000 | Flanders | 791 m² | 1 · 297 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 and region
ABI-RAMEN
BE 1016.366.196
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Herent
DHZ Klus
BE 1001.675.448
Herent
DIFM
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Herent
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,026 companies in sector 43320 we hold annual accounts for 9,139. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded28-07-1999
Fiscal year end30-06
Activities, NACEBEL 2025
43320Joinery installation
25120Manufacture of fabricated metal products, except machinery and equipment
38210Materials recovery from waste
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.