TOSALU

Public limited companyfounded 1990active for 36 yearsEllestraat 16, 8610 Kortemark, BelgiumKBO/BCE: BE 0442.122.535

From the official registers: KBO 35 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

TOSALU is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €98.1m and a net result of €125.2m. Equity remains stable across the filed financial years (±1.2% per year). Its solvency ranks better than 80% of 3,027 sector peers (NACE 64, financial year 2025). The company has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals.

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TOSALUActive

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Official details

KBO

Status: Active since 18-09-1990 Normal situation
Legal form: Public limited company
Registered office: Ellestraat 16, 8610 Kortemark
Activity: Activities of holding companies NACE 64210and 1 other
Establishment unit: 2.049.951.973 8610 Kortemark, since 24-01-2002
Financial year end: 31 December
Peppol: Reachable since 04-03-2025

Company details

Who decides

Board

BERNADETTE DEBRUYNEDirector · since 19-05-2025
DEBRUYNEBernadetteDirector · since 19-05-2025
JOSE DE VOLDERDirector · since 19-05-2025

Shareholders

APLOS19.12%annual accounts 2025
JMW Participaties19.12%annual accounts 2025
SEFRAM19.12%act of 24-02-2025

Holdings: Shares in 1 company 3 D

Board & ownership

How it is doing

Financial institution: outside the modelBankruptcy probability: sector outside the model

Annual accounts 2025

Profit: €125.2m; ▲ 753%
Equity: €98.1m; ▲ 104%
Total assets: €107.0m; ▲ 88.3%
Staff: 0.2 FTE; =

2025 accounts filed 31 days late

Filed on 31-08-2026at the National Bank

Financials

Signalslowers riskGrowing equityneutralA punctual record breaksShow the evidence

Checked score

Outside the general model

Model not applicable to financial institutions

The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.

Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

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Signals

Two signals.

lowers riskneutral

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €98.1m

A punctual record breaks

This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.

NBB · 10 filings

Deviation from the deadline

2025

31 days late

2024

2 days early

2023

23 days early

2022

11 days early

2021

25 days late

2020

12 days early

2019

41 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 7 days after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Positive: Result rose in 2025from €14.7m to €125.2m ▲ 753% View
Positive: Largest company by equity in Kortemarkin the Checked rankings No. 1 View
Heads a groupcompanies controlled 23 View

Documents

Key facts about TOSALU

What is the company number of TOSALU?: 0442.122.535. In Belgium the VAT number is the company number with BE in front: BE 0442.122.535.
Where is TOSALU based?: The registered office is at Ellestraat 16, 8610 Kortemark.Company details
What does TOSALU do?: According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of TOSALU?: Public limited company (NV).
When was TOSALU founded?: On 18-09-1990.
Is TOSALU still active?: Yes, TOSALU is an active enterprise in the KBO register.
How many employees does TOSALU have?: On average 0.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of TOSALU?: €358,808 in financial year 2025, according to the filed annual accounts.
Is TOSALU profitable?: In financial year 2025, TOSALU made a profit of €125.2m.
Where can I find the annual accounts of TOSALU?: TOSALU filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of TOSALU due?: By 31-07-2027, for financial year 2026.Timeline