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TOSALU

Active Risk: not assessed
Public limited companyfounded 1990active for 36 yearsEllestraat 16, 8610 Kortemark, BelgiumKBO/BCE: BE 0442.122.535
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 3,018 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.

History

On 18 September 1990, TOSALU was incorporated.1 Total assets went from €46.4m in 2018 to €107.0m in 2025 and headcount from 0.9 to 0.2 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
financial year 2025 · full format · 31 days late
2025
31-12
Financial Highest result from 2018 to 2025net €125.2m ▲753%
Net result €125.2m, the highest in the series.
31-12
Financial Liquidity more than 16 timescurrent ratio 4.66
Current ratio from 0.28 to 4.66.
31-12
Financial Equity above €50mequity €98.1m ▲104%
3 profitable years in a row build equity to €98.1m.
29-07
NBB filing Annual accounts filed
financial year 2024 · full format
21-05
Gazette deed Resignations: DEBRUYNEBernadette, DEVOLDERJosé and 3 others
Permanent representatives: DESIMPELLucie, DESIMPELSamuel and DESIMPELThomas · Appointments: DEBRUYNEBernadette, DEVOLDERJosé and 3 others · Amendment of the articles20 facts ▸
  • General meeting, 12-05-2025
  • Amendment of the articles (2 times)
  • Director resignation, DEBRUYNEBernadette (director)
  • Director resignation, DEVOLDERJosé (director)
  • Director resignation, SEFRAM (director)
  • Director resignation, PRINCIP.AI (director)
  • Director resignation, THODES (director)
  • Permanent representative, DESIMPELLucie (vastvertegenwoordiger)
  • Permanent representative, DESIMPELSamuel (vastvertegenwoordiger)
  • Permanent representative, DESIMPELThomas (vastvertegenwoordiger)
  • Director appointment, DEBRUYNEBernadette (director)
  • Director appointment, DEVOLDERJosé (director)
  • +8 further facts in this act
2024
02-10
Gazette deed Resignation: APIS Investment (director)
Permanent representatives: Lucie Desimpel, Samuel Desimpel and Thomas Desimpel · Reappointments: BERNADETTE DEBRUYNE, JOSE DE VOLDER and 2 others · Appointment: SEFRAM BV (director)10 facts ▸
  • Director resignation, APIS Investment (director)
  • Permanent representative, Lucie Desimpel (2 times)
  • Director reappointment, BERNADETTE DEBRUYNE (director)
  • Director reappointment, JOSE DE VOLDER (director)
  • Director appointment, SEFRAM BV (director)
  • Director reappointment, PRINCIP.AL (director)
  • Permanent representative, Samuel Desimpel
  • Director reappointment, THODES (director)
  • Permanent representative, Thomas Desimpel
  • General meeting, 06-06-2024
08-07
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2023
31-12
Financial Back to profitnet €108,544
Net result €108,544 after one loss-making year.
08-11
Gazette deed Reappointments: Bernadette Debruyne, Jose De Volder and 3 others
Permanent representatives: Lucie M Desimpel, Samuel Bernard A Desimpel and Thomas Luc L Desimpel14 facts ▸
  • General meeting, 01-06-2023
  • Director reappointment, Bernadette Debruyne (director)
  • Director reappointment, Jose De Volder (director)
  • Director reappointment, APIS INVESTMENT (director)
  • Director reappointment, PRINCIP.AL (director)
  • Director reappointment, THODES (director)
  • Permanent representative, Lucie M Desimpel (representative)
  • Permanent representative, Samuel Bernard A Desimpel (representative)
  • Permanent representative, Thomas Luc L Desimpel (representative)
  • Board composition, Bernadette Debruyne (director)
  • Board composition, Jose De Volder (director)
  • Board composition, PRINCIP.AL (director)
  • +2 further facts in this act
20-07
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2022
31-12
Financial Weakest financial yearnet -€189,278
Net result drops to -€189,278, the lowest in the series; recovery starts the following year.
Show earlier events
25-08
NBB filing Annual accounts filed
financial year 2021 · abbreviated format · 25 days late
2021
19-07
NBB filing Annual accounts filed
financial year 2020 · abbreviated format
2020
10-09
NBB filing Annual accounts filed
financial year 2019 · abbreviated format · 41 days late
2019
28-08
NBB filing Annual accounts filed
financial year 2018 · abbreviated format · 28 days late
2018
26-07
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
2017
20-07
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 35 annual accounts filed, the latest 10 are here; all 35 are under Financials.
3 of 11 deeds read
About the unread acts

Of the 11 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.

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