Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
Summary
Conclusion
the dossier summarised in one paragraphFor the legal form of TOSCA CAPITAL, Checked does not compute a bankruptcy probability. The 2024 annual accounts show negative equity (€-15.58M) and a net result of €-884k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 7 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneFor this legal form (e.g. co-owners' association, public body or foreign branch) we don't show a bankruptcy probability: some of these forms legally cannot go bankrupt and no reliable figure is possible here.
Signals
1 signal · with evidenceSignals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wide| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 06-10-2025 | 67 d late | 2025-00530743 |
| 31-12-2023 | 31-07-2024 | 29-07-2024 | 2 d early | 2024-00295260 |
| 31-12-2022 | 31-07-2023 | 31-08-2023 | 31 d late | 2023-00390790 |
| 31-12-2021 | 31-07-2022 | 30-06-2022 | 31 d early | 2022-20141845 |
| 31-12-2020 | 31-07-2021 | 22-07-2021 | 9 d early | 2021-38800571 |
| 31-12-2019 | 31-07-2020 | 28-10-2020 | 89 d late | 2020-64500332 |
| 31-12-2018 | 31-07-2019 | 24-12-2019 | 146 d late | 2019-77500487 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsAdministrative Flags
Financials
Annual accounts & ratios
Source: NBB · 2024How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €-29k |
| Net profit | €-884k |
| Cash flow | €-348k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.19M |
| Equity | €-15.58M |
| Debt | €16.77M |
| of which ≤ 1y | €197k |
| of which > 1y | €15.38M |
| Working capital | €-101k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.49 |
| Quick ratio | 0.49 |
| Working capital ratio | -8.5% |
| Solvency | -1310.2% |
| Debt / equity | -1.08 |
| Long-term debt ratio | -0.99 |
| Interest coverage | -0.05 |
| Gross margin | - |
| Net margin | - |
| ROA | -74.3% |
| ROE | 5.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.19M |
| Fixed assets | 21/28 | €1.09M |
| Intangible fixed assets | 21 | €1.07M |
| Financial fixed assets | 28 | €22k |
| Current assets | 29/58 | €97k |
| Amounts receivable within one year | 40/41 | €91k |
| Cash & bank | 54/58 | €5k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.19M |
| Equity | 10/15 | €-15.58M |
| Contributions / capital | 10/11 | €530k |
| Reserves | 13 | €53k |
| Accumulated profits (losses) | 14 | €-16.16M |
| Amounts payable | 17/49 | €16.77M |
| Amounts payable after one year | 17 | €15.38M |
| Amounts payable within one year | 42/48 | €197k |
| Trade debts payable within one year | 44 | €325 |
| Income statement | ||
| Gross operating margin | 9900 | €-28k |
| Operating result | 9901 | €-565k |
| Financial income | 75 | €280k |
| Financial charges | 65 | €599k |
| Result before taxes | 9903 | €-884k |
| Net result for the period | 9904 | €-884k |
| Result to be appropriated | 9905 | €-884k |
Health barometer
FY 2024 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Directors
Directors & mandates
4 directors-
NEXT GENERATION DEVELOPMENTLegal entityManager· perm. rep.: PIRET GaëtanState Gazette act 25151738 (01-12-2025)Current01-12-2025 → present
3 events
- 01-12-2025 Resigned· Manager
- 01-12-2025 Appointed· Manager
- 24-08-2022 Appointed· Director
-
Current01-12-2025 → present
3 events
- 01-12-2025 Resigned· Manager
- 01-12-2025 Appointed· Manager
- 15-06-2022 Appointed· Director
Former directors (2)
-
Former- → 16-12-2021
-
Former- → 16-12-2021
Insolvency mandates
Legal Structure
| NACE primary | - |
| Legal form | Foreign entity(030) |
| Incorporation | 29-05-2018 |
| Status | Active |
| Postal code | L.1637 |
Structure & network
Connections & network
19 connected companiesOwnership & control
1 partyEach band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Publications
Lifecycle & Insolvency Signals
Belgisch Staatsblad · acts
8 acts09-02-2026 Publication in the Belgian Official Gazette, Miscellaneous
01-12-2025 Registered office moved from Watermael-Boitsfort to Luxembourg
- Chaussée de La Hulpe 177, 1170 Watermael-Boitsfort → rue Goethe 24, L-1637 Luxembourg
09-07-2025 Publication in the Belgian Official Gazette, Miscellaneous
24-08-2022 Gaëtan Jacques M. Piret appointed as director
15-06-2022 1 director appointed, 2 resigning
- Jean-Louis Waucquez, Bestuurder
- Olivier Marian, Bestuurder
- Laurent Marian, Bestuurder
08-06-2022 Articles of association amended
13-05-2022 Registered office moved from Ixelles to Bruxelles
- avenue Molière 291, 1050 Ixelles → avenue de la Faisanderie 25, 1150 Bruxelles
07-06-2018 Incorporation of a new SNC
Analysis
Snowflake analysis
financial profile on 5 axesFragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Ask AI about this company
Checked AISoon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.
AI due-diligence brief
Checked AIGenerate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Credit advice
verdict per customer and amountCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameFR | TOSCA CAPITAL |