TOSALBA
ActiveSummary
The computed 12-month bankruptcy probability of TOSALBA is 2.3% (moderate). The 2025 annual accounts show equity of €78,200 and a net result of €54,150. Its solvency ranks better than 72% of 17,021 sector peers (NACE 56, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 05-09-2023 Normal situation
- Activity
- Limited-service restaurants, excluding mobile food services NACE 56112
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 2025
- Establishment unit
- 2.351.197.846 6041 Charleroi, since 16-10-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 11-02-2026
Board and ownership
- Fabrizio TOSATTIDirector · since 05-09-2023
- ALBANESE VincenzoDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.3%
- Gross margin
- €172,244
- ▲ 46.9%
- Turnover
- ≈ €530,000
- estimated
- Profit
- €54,150
- ▲ 126%
- Equity
- €78,200
- ▲ 225%
- Total assets
- €141,965
- ▲ 26.0%
- Employees on 31-12-2025
- 4
- =
- 2025 accounts filed 5 days after the deadline
Score breakdownraises riskFounded in 2023Sector: Food and beverage service activities (NACE 56)Size: total assets €141,965lowers riskLiquidity: current ratio 1.02, cash €36,328Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 72% of them on solvency, 64% on liquidity, 93% on profitability and 95% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 1 day before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 5 days after the deadline Filed on 5 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00383061.
Annual accounts 2025 filed on 05-08-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is 98% higher than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2024 | 31-12-2025 |
|---|---|---|
| Employees at the balance-sheet date | 4 | 4 |
| part-time | 4 | 4 |
| in full-time equivalents | 1.8 | 2.5 |
| Average over the year, in full-time equivalents | 1.6 | 1.9 |
| On a permanent contract | 4 | 2 |
| Joined | 4 | - |
| Left | 2 | - |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €52,520 | €7,283 |
| Intangible fixed assets | €48,000 | - |
| Depreciation and write-downs of the year | €13,820 | €16,840 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €62,997 | €74,327 | ▲ 18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,820 | €16,840 | ▲ 21.9% |
| Other operating charges640/8 | €3,316 | €7,355 | ▲ 122% |
| Gross operating margin9900 | €117,288 | €172,244 | ▲ 46.9% |
| Operating profit (loss)9901 | €37,155 | €73,722 | ▲ 98.4% |
| Financial income75/76B | €1 | €51 | ▲ 51× |
| Recurring financial income75 | €1 | €51 | ▲ 51× |
| Financial charges65/66B | €4,335 | €4,039 | ▼ 6.8% |
| Recurring financial charges65 | €4,335 | €4,039 | ▼ 6.8% |
| Profit (loss) for the period before taxes9903 | €32,821 | €69,734 | ▲ 112% |
| Income taxes67/77 | €8,821 | €15,584 | ▲ 76.7% |
| Profit (loss) for the period9904 | €24,000 | €54,150 | ▲ 126% |
| Profit (loss) for the period to be appropriated9905 | €24,000 | €54,150 | ▲ 126% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €112,706 | €141,965 | ▲ 26.0% |
| Fixed assets21/28 | €86,700 | €77,143 | ▼ 11.0% |
| Intangible fixed assets21 | €41,787 | €36,987 | ▼ 11.5% |
| Tangible fixed assets22/27 | €44,913 | €40,156 | ▼ 10.6% |
| Plant, machinery and equipment23 | €28,790 | €27,650 | ▼ 4.0% |
| Furniture and vehicles24 | €11,752 | €8,957 | ▼ 23.8% |
| Other tangible fixed assets26 | €4,371 | €3,549 | ▼ 18.8% |
| Current assets29/58 | €26,006 | €64,822 | ▲ 149% |
| Stocks and contracts in progress3 | €8,501 | €8,836 | ▲ 3.9% |
| Stocks30/36 | €8,501 | €8,836 | ▲ 3.9% |
| Amounts receivable within one year40/41 | €4,095 | €8,987 | ▲ 119% |
| Trade receivables40 | - | €201 | - |
| Other amounts receivable41 | €4,095 | €8,786 | ▲ 115% |
| Cash at bank and in hand54/58 | €13,410 | €36,328 | ▲ 171% |
| Deferred charges and accrued income490/1 | - | €10,671 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €112,706 | €141,965 | ▲ 26.0% |
| Equity10/15 | €24,050 | €78,200 | ▲ 225% |
| Contributions10/11 | €50 | €50 | = |
| Reserves13 | €24,000 | €78,150 | ▲ 226% |
| Distributable reserves133 | €24,000 | €78,150 | ▲ 226% |
| Amounts payable17/49 | €88,656 | €63,765 | ▼ 28.1% |
| Amounts payable within one year42/48 | €88,656 | €63,765 | ▼ 28.1% |
| Trade debts44 | €42,511 | €16,470 | ▼ 61.3% |
| Suppliers440/4 | €42,511 | €16,470 | ▼ 61.3% |
| Taxes, remuneration and social security45 | €24,416 | €38,046 | ▲ 55.8% |
| Taxes450/3 | €11,130 | €18,516 | ▲ 66.4% |
| Remuneration and social security454/9 | €13,286 | €19,530 | ▲ 47.0% |
| Other amounts payable47/48 | €21,729 | €9,249 | ▼ 57.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €24,000 | €54,150 | ▲ 126% |
| + Depreciation and write-downs630 | €13,820 | €16,840 | ▲ 21.9% |
| Operating cash flow (approximation) | €37,820 | €70,990 | ▲ 87.7% |
| Investment in fixed assets (approximation) | - | -€7,283 | - |
| Change in cash | - | €22,918 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as TOSALBA has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of TOSALBA itself is higher: 2.3% within 12 months. It rests on far more data about TOSALBA than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for TOSALBA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- Vincenzo ALBANESE 100%
- ALBANESE Vincenzo 10 shares (100%) · €50 in cash
Capital transactions
- 07-09-2023 Incorporation · €50 · 10 shares
The directors' other companies
1 other company of this director went bankrupt (2025).
- VIZZION INVEST bankruptcy on 26-08-2025Official Gazettemandate until 2022
Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Fabrizio TOSATTI |
|
| ALBANESE Vincenzo |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant/moitié acquéreurs au prorata, partage ou délivrance des legs”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 07-09-2023 (in French)
Network & group
Companies at the same address
1 other companyConnections & network
1 connected companyThe connected companies are in the list below.
Timeline
Acts, filings and financial milestones
07-07
Gazette deed
Registered office moved to ChâtelineauNew seat: 6200 Châtelineau, rue Culot-Reine, 52 · Previous seat: 6010, Charleroi Rue des Carrières, 12 · Director in office3 points ▸
- General meeting, 01-04-2025
- Registered-office move, 6200 Châtelineau, rue Culot-Reine, 52
- Director in office, Vincenzo Albanese (director)
19-10
Gazette deed
Registered office moved from Charteroi to CharleroiNew seat: Rue des Carrières 12, Couillet à 6010 Charleroi · Previous seat: Rue des Carrières 12, boîte21Couillet à 6010 Charteroi · Appointment: Fabrizio TOSATTI (director)5 points ▸
- General meeting, 05-09-2023
- Vincenzo ALBANESE holds 100% of the shares
- Registered-office move, Rue des Carrières 12,Couillet à 6010 Charleroi
- Director appointment, Fabrizio TOSATTI (director)
- Director in office, Vincenzo ALBANESE (director)
07-09
Gazette deed
IncorporationStarting capital €50 · Appointment: ALBANESE Vincenzo (director) · Registered office clause · Board rule15 points ▸
- Other provision, 1, 31-12-2024
- Registered office clause, 2, “6010 COUILLET,rue des Carrières,numéro 12,boite 021” (deed in French)
- Director appointment, ALBANESE Vincenzo (director (not named in the articles))
- Board rule, 1
- Pre-incorporation commitments, “takeover, engagements obligations activités entreprises par comparant au nom pour compte société en formation” (deed in French)
- Other provision, “frais constitution”, 7 (deed in French)
- Incorporation, “TOSALBA” (deed in French)
- Founder, ALBANESE Vincenzo (fondateur seul)
- ALBANESE Vincenzo holds all the shares
- Founding capital, €50
- Bank account, “compte spécial au nom de la société en formation”, EUR (deed in French)
- Other provision, 14-08-2023
- The act holds 3 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- 6010 Charleroi until the act of 07-07-2025
Activities
NACEBEL 2025Codes under NACEBEL 2008
2 activities
- Toutes activités en rapport direct ou indirect avec la restauration en général et le secteur Horeca,l'organisation de banquets et réceptions,le service traiteur,y compris l'organisation,la gestion et l'exploitation de restaurants,cafétérias,débits de boissons,ainsi que toutes opérations de tourisme,de divertissements et de loisirs
- L'exploitation,sous sa propre enseigne ou par voie de franchise ou licence de tout snack bar,friterie,brasseries,tea-room,cafétéria,sandwicherie,service de cuisine rapide ou de petite restauration,de tout service traiteur et/ou d'un ou plusieurs restaurants,ainsi que la livraison à domicile et la vente ambulante
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 siteSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52502B0302/00F004 | Wallonia | 478 m² | 1 · 75 m² | 10.6 m · 3 |