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TOSH

Active
Private limited companyfounded 2013active for 13 yearsDoorniksesteenweg(Kor) 145, 8500 Kortrijk, BelgiumKBO/BCE: BE 0536.589.053
Summary

TOSH has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €928,805 and a net result of €17,634. Equity has been growing by about 20% per year since 2018. The computed 12-month bankruptcy probability is 0.2% (very low).

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TOSHActiveChecked score 89/100
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Overview

Overview

Official details

Source: KBO
Status
Active since 10-07-2013 Normal situation
Registered office
11 active companies are registered at this address Source: KBO register, as of 4 November 2026.
Activity
“Het verwerven (inclusief het oprichten) of beheren van gebouwen en infrastructuur bestemd voor onderwijs…” (deed in Dutch)From the articlesNo NACE code in the KBO yet
Establishment unit
2.221.518.942 8500 Kortrijk, since 10-07-2013
Financial year end
31 December
Peppol
Reachable since 19-02-2026
Company details

Board and ownership

Board
and 2 others
Shareholders
Board & ownership

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Turnover
€812,983
▼ 18.1%
Profit
€17,634
▼ 90.0%
Equity
€928,805
▲ 1.9%
Total assets
€13.5m
▼ 6.0%
  • 2025 accounts filed 17 days after the deadline
Financials
Score breakdownraises riskLiquidity: current ratio 0.16, cash €99,646, halvedEquity €928,805 (6.9% of total assets)lowers riskSize: turnover €812,983, total assets €13.5mFounded in 2013Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 51% of medium-sized companies without a NACE code
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 32+1
equity 6.9% of total assets
Liquidity 51-3
short-term debt 4.7% · cash 0.7%
Profitability 67-5
return on assets 0.1%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.4%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -0.2 percentage points vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €80,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.16 (0.71 in 2024), below 1. Short-term debt is 4.7% and cash 0.7% of total assets. 93.1% of the assets are financed with debt and provisions.
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 (no NACE code, medium-sized). It does better than 14% of them on solvency, 63% on liquidity, 84% on profitability and 41% 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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €812,983, total assets €13.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.16, cash €99,646, halved
NBB · annual accounts
raises risk · Equity €928,805 (6.9% of total assets)
NBB · annual accounts
lowers risk · Founded in 2013
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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
17 days late
2024
87 days early
2023
61 days early
2022
39 days early
2021
95 days early
2020
37 days early
2019
37 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 48 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · 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 1 June (4 of the last 5 accounts filed within 35 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, full format

2025 annual accounts filed 17 days after the deadline Filed on 17 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00401513.

Annual accounts 2025 filed on 17-08-2026 at the NBB all 12 filings

Turnover
€812,983▼ 18.1%
2024 · €992,661
EBIT margin
27.2%▼ 16.8pp
2024 · 44.1%
Net result
€17,634▼ 90.0%
2024 · €176,366
Working capital
-€529,332▼ 192%
2024 · -€181,018
Multi-year overview
2018 to 2025, 8 financial years
Turnover
€812,983
▼ 18.1% 2025
20182025
Operating result
€221,406
▼ 49.4% 2025
20182025
Net result
€17,634
▼ 90.0% 2025
20182025
EBIT margin
27.2%
▼ 16.8pp 2025
20182025
Equity
€928,805
▲ 1.9% 2025
20182025
Total assets
€13.5m
▼ 6.0% 2025
20182025
Debt
€12.5m
▼ 6.5% 2025
20182025
Working capital
-€529,332
▼ 192% 2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€1.0m-€0.5m▼ 47.8%€0.5m▲ 0.5%€0.5m▲ 1.4%€0.6m▲ 5.0%€0.7m▲ 31.5%€1.0m▲ 36.2%€0.8m▼ 18.1%
Operating result€0.2m-€0.3m▲ 39.3%€0.3m▼ 0.3%€0.3m▲ 5.1%€0.3m▲ 0.1%€0.4m▲ 32.0%€0.4m▲ 18.9%€0.2m▼ 49.4%
Net result€0.06m-€0.09m▲ 55.9%€0.09m▲ 4.8%€0.1m▲ 28.7%€0.1m▲ 0.7%€0.1m▼ 7.6%€0.2m▲ 56.0%€0.02m▼ 90.0%
EBIT margin19.2%-51.3%▲ 32.1pp50.9%▼ 0.4pp52.7%▲ 1.8pp50.3%▼ 2.4pp50.5%▲ 0.2pp44.1%▼ 6.4pp27.2%▼ 16.8pp
Equity€0.2m-€0.3m▲ 46.7%€0.4m▲ 33.3%€0.5m▲ 32.2%€0.6m▲ 24.5%€0.7m▲ 18.2%€0.9m▲ 24.0%€0.9m▲ 1.9%
Total assets€8.2m-€7.3m▼ 10.5%€7.0m▼ 3.9%€6.8m▼ 3.7%€10.1m▲ 49.5%€15.1m▲ 48.4%€14.3m▼ 4.8%€13.5m▼ 6.0%
Debt€8.0m-€7.0m▼ 11.9%€6.7m▼ 5.4%€6.3m▼ 5.8%€9.5m▲ 51.5%€14.3m▲ 50.4%€13.4m▼ 6.3%€12.5m▼ 6.5%
Working capital-€0.04m--€0.07m▼ 97.2%-€0.1m▼ 63.2%-€0.1m▼ 22.9%-€0.4m▼ 182%€0.02m-€0.2m-€0.5m▼ 192%

The operating result for 2025 is 49% lower than in 2024 and the lowest since 2021.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €13.5m
Fixed assets €13.4m ▼ 3.7%
Current assets €103,884 ▼ 76.6%
Equity and liabilities €13.5m
Equity €928,805 ▲ 1.9%
Debt €12.5m ▼ 6.5%
Debt's share of the balance-sheet total falls from 93.6% to 93.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€748,442▼
2024 · €964,131
Cash flow
€544,670▼
2024 · €703,028
Current ratio
0.16▼
2024 · 0.71
Debt to equity
13.50▼
2024 · 14.72
ROE
1.9%▼
2024 · 19.4%
ROA
0.1%▼
2024 · 1.2%
Interest coverage
3.73▼
2024 · 4.58
Debt ≤ 1 year
€633,216▲
2024 · €624,523
Debt > 1 year
€11.9m▼
2024 · €12.5m
Income taxes
€5,878▼
2024 · €56,493
Customer credit
1 day▼
2024 · 5 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Securities and guarantees

on own assets and for others
Item20212022202320242025
Debts secured on the company's own assets--€13.7m€13.1m€12.5m
Debts guaranteed by Belgian public bodies-€9.3m---
Mortgages, amount registered-€7.4m€9.0m€9.0m€9.0m
Mortgage mandates--€7.4m€7.4m€7.4m
Carrying value of the mortgaged assets-€6.0m€14.2m€13.7m€13.4m
Pledge on the business--€8.3m€8.3m€8.3m

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€16,925€3.6m€4.8m-€7,229
Depreciation and write-downs of the year€244,429€245,266€330,538€526,661€527,036

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet Code20242025
Assets
Total assets20/58€14.3m€13.5m▼
Fixed assets21/28€13.9m€13.4m▼
Tangible fixed assets22/27€13.9m€13.4m▼
Land and buildings22€13.7m€13.3m▼
Plant, machinery and equipment23€0.2m€0.1m▼
Current assets29/58€0.4m€0.1m▼
Amounts receivable within one year40/41€0.03m€0.002m▼
Trade receivables40€0.01m-
Other amounts receivable41€0.01m€0.002m▼
Cash at bank and in hand54/58€0.4m€0.1m▼
Deferred charges and accrued income490/1€0.004m€0.002m▼
Equity and liabilities
Total equity and liabilities10/49€14.3m€13.5m▼
Equity10/15€0.9m€0.9m▲
Contributions10/11€0.1m€0.1m=
Reserves13€0.6m€0.6m=
Non-distributable reserves130/1€0.01m€0.01m=
Reserves not available under the articles1311€0.01m€0.01m=
Distributable reserves133€0.6m€0.6m=
Profit (loss) carried forward14€0.2m€0.2m▲
Amounts payable17/49€13.4m€12.5m▼
Amounts payable after more than one year17€12.5m€11.9m▼
Financial debts170/4€12.5m€11.9m▼
Credit institutions173€4.8m€4.4m▼
Other loans174€7.7m€7.5m▼
Amounts payable within one year42/48€0.6m€0.6m▲
Current portion of amounts payable after more than one year42€0.6m€0.6m▲
Trade debts44€0.001m€0.02m▲
Suppliers440/4€0.001m€0.02m▲
Taxes, remuneration and social security45€0.01m-
Taxes450/3€0.01m-
Accrued charges and deferred income492/3€0.3m€0.001m▼
Income statement Code20242025
Operating income70/76A€1.0m€0.8m▼
Turnover70€1.0m€0.8m▼
Operating charges60/66A€0.6m€0.6m▲
Services and other goods61€0.02m€0.04m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.5m€0.5m▲
Other operating charges640/8€0.01m€0.03m▲
Operating profit (loss)9901€0.4m€0.2m▼
Financial income75/76B€0.006m€0.003m▼
Recurring financial income75€0.006m€0.003m▼
Income from current assets751€0.006m€0.003m▼
Financial charges65/66B€0.2m€0.2m▼
Recurring financial charges65€0.2m€0.2m▼
Debt charges650€0.2m€0.2m▼
Other financial charges652/9€152-
Profit (loss) for the period before taxes9903€0.2m€0.02m▼
Income taxes67/77€0.06m€0.006m▼
Taxes670/3€0.06m€0.006m▼
Profit (loss) for the period9904€0.2m€0.02m▼
Profit (loss) for the period to be appropriated9905€0.2m€0.02m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.8m€0.2m▼
Profit (loss) brought forward from the previous period14P€0.6m€0.2m▼
Transfer to equity691/2€0.6m-
To other reserves6921€0.6m-

The notes to these accounts have 31 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 17-08-2026.

Line20182019202020212022202320242025Change
Operating income70/76A---€527,831€554,148€730,419€992,661€812,983▼ 18.1%
Turnover70€991,166€517,594€520,301€527,831€554,148€728,939€992,661€812,983▼ 18.1%
Other operating income74-----€1,480---
Operating charges60/66A---€249,578€275,490€362,568€555,191€591,577▲ 6.6%
Services and other goods61---€3,930€11,569€21,595€17,134€39,508▲ 131%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€243,571€243,571€243,574€244,429€245,266€330,538€526,661€527,036▲ 0.1%
Other operating charges640/8---€1,219€18,655€10,435€11,396€25,033▲ 120%
Operating profit (loss)9901€190,691€265,559€264,711€278,253€278,658€367,851€437,470€221,406▼ 49.4%
Financial income75/76B-----€2,497€5,874€2,502▼ 57.4%
Recurring financial income75-----€2,497€5,874€2,502▼ 57.4%
Income from current assets751-----€2,497€5,874€2,502▼ 57.4%
Financial charges65/66B---€123,474€116,390€220,747€210,485€200,396▼ 4.8%
Recurring financial charges65€107,875€137,740€130,543€123,474€116,390€220,747€210,485€200,396▼ 4.8%
Debt charges650€106,949€137,393€130,302€123,210€116,119€220,476€210,333€200,396▼ 4.7%
Other financial charges652/9---€264€271€271€152--
Profit (loss) for the period before taxes9903€82,816€127,819€134,168€154,779€162,268€149,601€232,860€23,512▼ 89.9%
Income taxes67/77€25,003€37,660€39,689€33,222€39,877€36,531€56,493€5,878▼ 89.6%
Taxes670/3---€33,222€39,877€36,531€56,493€5,878▼ 89.6%
Profit (loss) for the period9904€57,813€90,159€94,480€121,557€122,391€113,070€176,366€17,634▼ 90.0%
Profit (loss) for the period to be appropriated9905€57,813€90,159€94,480€121,557€122,391€113,070€176,366€17,634▼ 90.0%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€8.2m€7.3m€7.0m€6.8m€10.1m€15.1m€14.3m€13.5m▼ 6.0%
Fixed assets21/28€7.3m€7.0m€6.8m€6.5m€9.9m€14.4m€13.9m€13.4m▼ 3.7%
Tangible fixed assets22/27€7.3m€7.0m€6.8m€6.5m€9.9m€14.4m€13.9m€13.4m▼ 3.7%
Land and buildings22---€6.2m€6.0m€14.2m€13.7m€13.3m▼ 3.4%
Plant, machinery and equipment23---€0.3m€0.3m€0.2m€0.2m€0.1m▼ 30.3%
Assets under construction and advance payments27----€3.6m----
Current assets29/58€0.9m€0.3m€0.3m€0.2m€0.2m€0.6m€0.4m€0.1m▼ 76.6%
Amounts receivable within one year40/41€0.6m€0.01m€0.006m€0.001m€0.06m€0.07m€0.03m€0.002m▼ 91.1%
Trade receivables40----€0.008m€0.01m€0.01m--
Other amounts receivable41---€0.001m€0.05m€0.06m€0.01m€0.002m▼ 81.8%
Cash at bank and in hand54/58€0.3m€0.3m€0.2m€0.2m€0.2m€0.6m€0.4m€0.1m▼ 76.0%
Deferred charges and accrued income490/1---€0.002m€0.002m€0.004m€0.004m€0.002m▼ 50.0%
Equity and liabilities
Total equity and liabilities10/49€8.2m€7.3m€7.0m€6.8m€10.1m€15.1m€14.3m€13.5m▼ 6.0%
Equity10/15€0.2m€0.3m€0.4m€0.5m€0.6m€0.7m€0.9m€0.9m▲ 1.9%
Contributions10/11€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m=
Capital10---€0.1m€0.1m----
Issued capital100---€0.1m€0.1m----
Reserves13€0.01m€0.01m€0.01m€0.01m€0.01m€0.01m€0.6m€0.6m=
Non-distributable reserves130/1---€0.01m€0.01m€0.01m€0.01m€0.01m=
Legal reserve130---€0.01m€0.01m----
Reserves not available under the articles1311-----€0.01m€0.01m€0.01m=
Distributable reserves133------€0.6m€0.6m=
Profit (loss) carried forward14€0.08m€0.2m€0.3m€0.4m€0.5m€0.6m€0.2m€0.2m▲ 10.0%
Amounts payable17/49€8.0m€7.0m€6.7m€6.3m€9.5m€14.3m€13.4m€12.5m▼ 6.5%
Amounts payable after more than one year17€7.0m€6.7m€6.3m€5.9m€8.9m€13.1m€12.5m€11.9m▼ 4.9%
Financial debts170/4---€5.9m€8.9m€13.1m€12.5m€11.9m▼ 4.9%
Credit institutions173---€5.9m€5.5m€5.2m€4.8m€4.4m▼ 7.8%
Other loans174----€3.4m€8.0m€7.7m€7.5m▼ 3.1%
Amounts payable within one year42/48€1.0m€0.4m€0.4m€0.4m€0.6m€0.6m€0.6m€0.6m▲ 1.4%
Current portion of amounts payable after more than one year42---€0.4m€0.6m€0.6m€0.6m€0.6m▲ 0.5%
Trade debts44€0.05m€340--€0.01m€0.01m€0.001m€0.02m▲ 26×
Suppliers440/4----€0.01m€0.01m€0.001m€0.02m▲ 26×
Taxes, remuneration and social security45------€0.01m--
Taxes450/3------€0.01m--
Accrued charges and deferred income492/3---€121€121€0.6m€0.3m€0.001m▼ 99.8%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€0.06m€0.09m€0.09m€0.1m€0.1m€0.1m€0.2m€0.02m▼ 90.0%
+ Depreciation and write-downs630€0.2m€0.2m€0.2m€0.2m€0.2m€0.3m€0.5m€0.5m▲ 0.1%
Operating cash flow (approximation)€0.3m€0.3m€0.3m€0.4m€0.4m€0.4m€0.7m€0.5m▼ 22.5%
Investment in fixed assets (approximation)-€0€0-€0.02m-€3.6m-€4.8m-€0-€0.007m▼ 5,560,900%
Change in cash-€0.03m-€0.1m€0.05m-€0.05m€0.4m-€0.1m-€0.3m▼ 116%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 190 companies had the same profile as TOSH has now. Two years later, 97.9% were still going and 0.5% had gone bankrupt.

  • Medium-sized
  • 10 to 20 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
97.9% was still going
1.6% stopped otherwise
0.5% went bankrupt

That fits the bankruptcy probability of TOSH itself: 0.2% within 12 months.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 190 companies, not a prediction for TOSH. 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.

Latest 10 of 12 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 17-08-2026 2026-00401513 PDF
31-12-2024 full format 05-05-2025 2025-00091111 PDF
31-12-2023 full format 31-05-2024 2024-00111288 PDF
31-12-2022 full format 22-06-2023 2023-00157939 PDF
31-12-2021 full format 27-04-2022 2022-20018050 PDF
31-12-2020 full format 24-06-2021 2021-24200007 PDF
31-12-2019 full format 24-06-2020 2020-20900128 PDF
31-12-2018 full format 26-06-2019 2019-24200274 PDF
31-12-2017 full format 21-06-2018 2018-21800110 PDF
31-12-2016 full format 04-07-2017 2017-27700551 PDF

Show all 12 filings

Board & ownership

Directors

Directors
5 directors, last change in 2025
Jan Verhamme
Director · since 17-02-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 17-08-2026
Current
Lieven Danneels
Director · since 17-02-2023 · term without a fixed end · also on the board of 9 other companies · listed in the 2025 annual accounts, filed on 17-08-2026
Current
Stefaan Saeys
Director · since 17-02-2023 · term without a fixed end · also on the board of 3 other companies · listed in the 2025 annual accounts, filed on 17-08-2026
Current
Kathy Dewitte
Director · since 22-10-2024 · term without a fixed end · also on the board of 3 other companies · listed in the 2025 annual accounts, filed on 17-08-2026
Current
DE SMET Maria
Director · since 30-10-2025 · term without a fixed end · listed in the 2025 annual accounts, filed on 17-08-2026
Current
Office holders in the KBO →

Owners and capital

Shareholders

3 owners

Chain of control

  1. ION Holding BVBA consolidates
  2. Katholieke Hogeschool Vives Zuid 99.8%
  3. TOSH

Owners 3

Capital transactions

Capital over time
  1. 06-04-2023 Converted to unavailable equity

Mandate history

8 people, 5 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Jan Verhamme
  • Director, appointed in the act of 06-04-2023, still in office
Lieven Danneels
  • Director, appointed in the act of 06-04-2023, still in office
Stefaan Saeys
  • Director, appointed in the act of 06-04-2023, still in office
Kathy Dewitte
  • Director, appointed in the act of 10-12-2024, still in office
DE SMET Maria
  • Director, from 30-10-2025 to date
Paul Jolie
  • Director, appointed in the act of 06-04-2023, until 24-04-2025
Joris Hindryckx
  • Manager, until 06-04-2023
  • Director, appointed in the act of 06-04-2023, until 02-01-2024
BV DE GROOTE WILLIAM ORTHOPEDIE
  • Manager, until 06-04-2023
See the board, name and registered office on a given date →

Network & group

Connections & network

25 connected companies
Depth
Lieven Danneels, Shared director, links 10 companies LDLieven DanneelsASSOCIATIE KU Leuven, via Lieven Danneels AKASSOCIATIE KULeuvenCoMoveIT, via Lieven Danneels CCoMoveITIMEC International, via Lieven Danneels IIIMECInternationalInteruniversitair Micro-Electronica Centrum, via Lieven Danneels IMInteruniversi…Micro-Electro…KORDAN, via Lieven Danneels KKORDANTELEVIC GROUP, via Lieven Danneels TGTELEVIC GROUPVOKA - Kamer van Koophandel West-Vlaanderen, via Lieven Danneels VKVOKA - Kamervan…BUSINESS LANGUAGE AND COMMUNICATION CENTRE, via Lieven Danneels BLBUSINESSLANGUAGE AND…DANINVEST, via Lieven Danneels DDANINVESTKatholieke Universiteit te Leuven, via Lieven Danneels KUKatholiekeUniversiteit…Stefaan Saeys, Shared director, links 6 companies SSStefaan SaeysALMA, via Stefaan Saeys AALMADe Nayer Stichting, via Stefaan Saeys DNDe NayerStichtingTOSH TOSH0536.589.053
Shared directors
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
ALMA
via Stefaan Saeys · Chair
→
ASSOCIATIE KU Leuven
via Lieven Danneels and Kathy Dewitte · Director
→
CoMoveIT
via Lieven Danneels · Director
→
De Nayer Stichting
via Stefaan Saeys · Class B director
→
Show 21 more companies with a shared director
IMEC International
via Lieven Danneels · Director
→
Interuniversitair Micro-Electronica Centrum
via Lieven Danneels · Director
→
KORDAN
via Lieven Danneels · Permanent representative
→
Stuk Kunstencentrum
via Stefaan Saeys · Vice-chair
→
Technische Universitaire Alliantie voor economische transformatie in West-Vlaanderen
via Kathy Dewitte · Director
→
TELEVIC GROUP
via Lieven Danneels · Chair of the board
→
VOKA - Kamer van Koophandel West-Vlaanderen
via Lieven Danneels · Director
→
Waak Maatwerkbedrijf VZW
via Kathy Dewitte · Director
→
BUSINESS LANGUAGE AND COMMUNICATION CENTRE
via Lieven Danneels · Director
former→
Community Gent
via Kathy Dewitte · Permanent representative
former→
DANINVEST
via Lieven Danneels · Permanent representative
former→
Gentrepreneur Company
via Kathy Dewitte · Director
former→
HOSPITAL LOGISTICS
via Stefaan Saeys · Bestuurder, categorie b
former→
Katholieke Universiteit te Leuven
via Lieven Danneels · Director
former→
LEUVEN KLIMAATNEUTRAAL 2030
via Stefaan Saeys · Director
former→
Sociaal Studentenfonds
via Stefaan Saeys · Director
former→
ACTION DAMIEN
Shared director
→
Eekhout Academy
Shared director
→
HIN3X2
Shared director
→
Katholiek Onderwijs Vlaanderen
Shared director
→
WOONMAATSCHAPPIJ IJZER EN ZEE
Shared director
→

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
17-08
NBB filing Annual accounts 2025 filedNBB
full format · 17 days late
2025
31-12
Financial Weakest financial yearnet €17,634 ▼90%
The net result drops to €17,634, the lowest from 2018 to 2025.
14-11
Gazette deed Resignation: Paul Jolie (director)
Appointment: DE SMET Maria (director)9 points ▸
  • General meeting, 30-10-2025
  • Director resignation, Paul Jolie (director)
  • Director appointment, DE SMET Maria (director)
  • Board composition, DANNEELS Lieven (director)
  • Board composition, DEWITTE Kathy (director)
  • Board composition, DE SMET Maria (director)
  • Board composition, SAEYS Stefaan (director)
  • Board composition, VERHAMME Jan (director)
  • Board composition, DANNEELS Lieven (voorzitter van het bestuursorgaan)

Open the act in the Belgian Official Gazette

05-05
NBB filing Annual accounts 2024 filedPDF
full format · 87 days before the deadline
2024
31-12
Financial Highest result from 2018 to 2025net €176,366 ▲56%
The operating result of €437,470 and the net result of €176,366 are both a record.
10-12
Gazette deed Appointment: Kathy Dewitte (director)
2 points ▸
  • General meeting, 22-10-2024
  • Director appointment, Kathy Dewitte (director)

Open the act in the Belgian Official Gazette

02-07
Gazette deed Resignation: Joris Hindryckx (director)
6 points ▸
  • General meeting, 08-05-2024
  • Director resignation, Joris Hindryckx (director)
  • Board composition, DANNEELS Lieven (bestuurder, voorzitter van het bestuursorgaan)
  • Board composition, JOLIE Paul (director)
  • Board composition, SAEYS Stefaan (director)
  • Board composition, VERHAMME Jan (director)

Open the act in the Belgian Official Gazette

31-05
NBB filing Annual accounts 2023 filedPDF
full format · 61 days before the deadline
2023
31-12
Financial Liquidity more than doubledcurrent ratio 1.03
The current ratio rises from 0.38 to 1.03. Short-term debt falls from €632,255 to €619,480.
22-06
NBB filing Annual accounts 2022 filedPDF
full format · 39 days before the deadline
06-04
Gazette deed 5 directors appointed, 2 directors resigning
Change of role: Joris Hindryckx, from manager to director · Resignation: BV DE GROOTE WILLIAM ORTHOPEDIE (manager) · Appointments: Lieven Danneels, Stefaan Saeys and 2 others21 points ▸
  • General meeting, 17-02-2023
  • Amendment of the articles, mentioned 2 times in the deed
  • Capital, €100,000
  • Capital conversion, 31-12-2019, EUR
  • Purpose change
  • Board rule, “doorbenoemendealgemenevergaderingtebepalen,andsinonbepaaldedur, voorzitterbestuursorgaanKatholiekeHogeschoolVivesZuidistevensvoorzitterTOSH” (deed in Dutch)
  • Registered office clause, “VlaamsGewest, Doorniksesteenweg145,8500Kortrijk” (deed in Dutch)
  • Capital
  • Director resignation, Joris Hindryckx (manager)
  • Director resignation, BV DE GROOTE WILLIAM ORTHOPEDIE (manager)
  • Director discharge, Joris Hindryckx (manager)
  • Director discharge, BV DE GROOTE WILLIAM ORTHOPEDIE (manager)
  • The act holds 9 more points.

Open the act in the Belgian Official Gazette

2022
31-12
Financial Equity above €500,000equity €621,735 ▲24.5%
With a profit in every financial year since 2018, equity grows to €621,735.
Show earlier events
27-04
NBB filing Annual accounts 2021 filedPDF
full format · 95 days before the deadline
2021
24-06
NBB filing Annual accounts 2020 filedPDF
full format · 37 days before the deadline
2020
24-06
NBB filing Annual accounts 2019 filedPDF
full format · 37 days before the deadline
2019
31-12
Financial Equity above €200,000equity €283,308 ▲46.7%
With a profit in every financial year since 2018, equity grows to €283,308.
26-06
NBB filing Annual accounts 2018 filedPDF
full format · 35 days before the deadline
2018
21-06
NBB filing Annual accounts 2017 filedPDF
full format · 40 days before the deadline
2017
04-07
NBB filing Annual accounts 2016 filedPDF
full format · 27 days before the deadline
2013
12-07
Gazette deed IncorporationPDF

Show all 12 filings

Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 10 July 2013, TOSH was incorporated.1 Turnover went from €991,166 in 2018 to €812,983 in 2025.2

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

Company details

Register details

Identity

KBO record
Name TOSH in Dutch
Enterprise number 0536.589.053
Legal form Private limited company
Status Active, normale toestand
Founded 10-07-2013
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 06-04-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, door bestuurders overeenkomstig wet”
deed of 06-04-2023 (in Dutch)

Registered office and establishments

Registered office Doorniksesteenweg(Kor) 145, 8500 Kortrijk, Belgium
Establishment unit TOSH, Doorniksesteenweg(Kor) 151, 8500 Kortrijk since 10-07-2013 · unit number 2.221.518.94268121 Development of residential building projects

Activities

PurposeThe purpose describes the activities the company may carry out under its articles.
“Het verwerven (inclusief het oprichten) of beheren van gebouwen en infrastructuur bestemd voor onderwijs, onderzoek, wetenschappelijke of…”
Text of the purpose

“Het verwerven (inclusief het oprichten) of beheren van gebouwen en infrastructuur bestemd voor onderwijs, onderzoek, wetenschappelijke of maatschappelijke dienstverlening, verblijven van studenten, onderzoekers en gastprofessoren of voor de valorisatie van de resultaten van wetenschappelijk onderzoek.”

deed of 06-04-2023 (in Dutch)

Invoicing and payment

VAT number BE 0536.589.053
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0536589053
Registered 19-02-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Environmental permits

2 applications in Flanders since 2021 · 2 granted
Nieuwbouw van bijgebouwen en niet overdekte lage constructie
Granted on 15-01-2024submitted 07-09-2023authority: Kortrijkproject 2023111579
Bouwen of herbouwen; Hoogstammige bomen vellen die geen deel uitmaken van een bos; Slopen of verwijderen; Verwijderen van vrijstaande gebouwen
Granted on 25-04-2022submitted 13-12-2021authority: Kortrijkproject 2021182734

Source: Omgevingsloket Vlaanderen.

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the addresses

Ground area
1.6 ha
Building footprint
1,622 m²
Building volume
9,549 m³
Tallest building: 10.6 m.
Cadastral parcel Region Area Buildings Height / floors
34354C0806/00D000 Flanders 1.4 ha 1 · 1,088 m² 8.8 m · 2
34354C0829/00M000 Flanders 2,600 m² 1 · 534 m² 10.6 m · 1

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