TOSTER SOFTWARE
ActiveSummary
TOSTER SOFTWARE has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €122,039 and a net result of -€237. Equity grew by about 18% per year on average since 2022. In 2025 it fell by 0.2%. Its solvency ranks better than 34% of 21,158 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 07-01-2021 Normal situation
- Activity
- Computer programming NACE 62100and 3 others
- Joint committee
- 227 Audiovisual sector · annual accounts 2025
- Establishment unit
- 2.311.884.835 3600 Genk, since 07-01-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2024
Board and ownership
- Jos Claesen BVBADirector · since 07-01-2021
- HYPERKOOLDirector · since 30-09-2021 · permanent representative Jasper Olaerts
- Jo SwinnenDirector · since 30-09-2021
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €208,288
- ▼ 2.7%
- Turnover
- ≈ €300,000
- estimated
- Loss
- €237
- Equity
- €122,039
- ▼ 0.2%
- Total assets
- €305,533
- ▲ 14.9%
- Employees on 31-12-2025
- 4
- ▼ 20.0%
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLast filed accounts filed 31 days late; 2 of the last 3 accounts latelowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 1.35, cash €60,151Size: total assets €305,533Show the evidence
Checked score
About 1 in 1,000 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 62, micro). It does better than 36% of them on solvency, 19% on liquidity, 27% on profitability and 39% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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 4 accounts on average 31 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00491692.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 4 filings
Every figure per financial year
The operating result for 2025 is 70% lower than in 2024 and the lowest since 2022. It is the second fall in a row.
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 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 3 | 5 | 4 |
| full-time | 1 | 3 | 5 | 4 |
| part-time | - | - | - | 0 |
| in full-time equivalents | 1 | 3 | 5 | 4 |
| Average over the year, in full-time equivalents | 1.3 | 2.1 | 4.7 | 4.4 |
| On a permanent contract | 1 | 3 | 5 | 4 |
| Joined | 8 | 4 | 2 | 0 |
| Left | 7 | 2 | 0 | 1 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €15,779 | €22,033 | €9,769 | €1,277 |
| Intangible fixed assets | €1,800 | - | - | €43,520 |
| Financial fixed assets | - | €2,000 | - | - |
| Depreciation and write-downs of the year | €3,635 | €8,904 | €12,798 | €13,120 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €19,989 | €86,694 | €193,933 | €192,691 | ▼ 0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,635 | €8,904 | €12,798 | €13,120 | ▲ 2.5% |
| Other operating charges640/8 | €1,281 | €501 | €449 | €462 | ▲ 2.8% |
| Gross operating margin9900 | €89,642 | €180,377 | €213,969 | €208,288 | ▼ 2.7% |
| Operating profit (loss)9901 | €64,738 | €84,277 | €6,789 | €2,014 | ▼ 70.3% |
| Financial income75/76B | €0 | €46 | €51 | €0 | ▼ 100% |
| Recurring financial income75 | €0 | €46 | €51 | €0 | ▼ 100% |
| Financial charges65/66B | €204 | €184 | €537 | €100 | ▼ 81.4% |
| Recurring financial charges65 | €204 | €184 | €537 | €100 | ▼ 81.4% |
| Profit (loss) for the period before taxes9903 | €64,534 | €84,140 | €6,303 | €1,915 | ▼ 69.6% |
| Income taxes67/77 | €3,184 | €15,547 | €2,970 | €2,152 | ▼ 27.5% |
| Profit (loss) for the period9904 | €61,350 | €68,593 | €3,333 | -€237 | - |
| Profit (loss) for the period to be appropriated9905 | €61,350 | €68,593 | €3,333 | -€237 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €163,321 | €221,212 | €265,946 | €305,533 | ▲ 14.9% |
| Fixed assets21/28 | €13,944 | €29,073 | €26,043 | €57,720 | ▲ 122% |
| Intangible fixed assets21 | €1,444 | €1,084 | €724 | €43,860 | ▲ 61× |
| Tangible fixed assets22/27 | €12,500 | €25,989 | €23,319 | €11,860 | ▼ 49.1% |
| Land and buildings22 | - | €2,742 | €2,064 | €1,385 | ▼ 32.9% |
| Furniture and vehicles24 | €12,500 | €23,246 | €21,256 | €10,475 | ▼ 50.7% |
| Financial fixed assets28 | - | €2,000 | €2,000 | €2,000 | = |
| Current assets29/58 | €149,377 | €192,139 | €239,902 | €247,812 | ▲ 3.3% |
| Amounts receivable within one year40/41 | €127,525 | €106,327 | €93,223 | €138,527 | ▲ 48.6% |
| Trade receivables40 | €127,364 | €105,327 | €92,223 | €137,527 | ▲ 49.1% |
| Other amounts receivable41 | €161 | €1,000 | €1,000 | €1,000 | = |
| Cash at bank and in hand54/58 | €20,091 | €81,513 | €74,401 | €60,151 | ▼ 19.2% |
| Deferred charges and accrued income490/1 | €1,762 | €4,299 | €72,278 | €49,134 | ▼ 32.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €163,321 | €221,212 | €265,946 | €305,533 | ▲ 14.9% |
| Equity10/15 | €74,350 | €118,943 | €122,276 | €122,039 | ▼ 0.2% |
| Contributions10/11 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Reserves13 | €31,839 | €60,608 | €62,759 | €97,276 | ▲ 55.0% |
| Distributable reserves133 | €31,839 | €60,608 | €62,759 | €97,276 | ▲ 55.0% |
| Profit (loss) carried forward14 | €17,511 | €33,335 | €34,517 | -€237 | - |
| Amounts payable17/49 | €88,971 | €102,269 | €143,670 | €183,494 | ▲ 27.7% |
| Amounts payable within one year42/48 | €88,971 | €102,203 | €143,037 | €183,481 | ▲ 28.3% |
| Trade debts44 | €46,049 | €36,003 | €98,260 | €137,701 | ▲ 40.1% |
| Suppliers440/4 | €46,049 | €36,003 | €98,260 | €137,701 | ▲ 40.1% |
| Taxes, remuneration and social security45 | €19,662 | €41,780 | €43,661 | €44,589 | ▲ 2.1% |
| Taxes450/3 | €17,069 | €31,317 | €4,557 | €8,899 | ▲ 95.3% |
| Remuneration and social security454/9 | €2,593 | €10,462 | €39,104 | €35,690 | ▼ 8.7% |
| Other amounts payable47/48 | €23,261 | €24,420 | €1,116 | €1,192 | ▲ 6.8% |
| Accrued charges and deferred income492/3 | - | €66 | €632 | €12 | ▼ 98.0% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €61,350 | €68,593 | €3,333 | -€237 | - |
| + Depreciation and write-downs630 | €3,635 | €8,904 | €12,798 | €13,120 | ▲ 2.5% |
| Operating cash flow (approximation) | €64,985 | €77,497 | €16,131 | €12,883 | ▼ 20.1% |
| Investment in fixed assets (approximation) | - | -€24,033 | -€9,769 | -€44,797 | ▼ 359% |
| Change in cash | - | €61,422 | -€7,111 | -€14,250 | ▼ 100% |
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, 3,440 companies had the same profile as TOSTER SOFTWARE has now. Two years later, 90.0% were still going and 2.3% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of TOSTER SOFTWARE itself is lower: 0.1% within 12 months. It rests on far more data about TOSTER SOFTWARE 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 3,440 companies, not a prediction for TOSTER SOFTWARE. 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
Board 3
Permanent representatives 1
Owners and capital
Owners
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| Jos Claesen BVBA |
|
| HYPERKOOL |
|
| Jo Swinnen |
|
| LUCKK |
|
| Olaerts Jasper |
|
Network & group
Companies at the same address
6 other companies- Recovery Grid Registered office · since 01-07-2025Founded in 2025 1024.884.974
- REPLAY VR Registered office · since 05-09-2024Founded in 2024 · total assets €33,999 (2025) 1013.208.451
- Toster Light Registered office · since 17-04-2023Founded in 2023 0801.923.843
- HILLVIEW Registered office · since 09-05-2018Founded in 2018 · 2.4 FTE (2025) 0695.829.203
- ARKITE Registered office · since 01-09-2015Founded in 2004 · 13 FTE (2025) 0865.543.569
- WHITE LIGHT Registered office · since 29-01-1990Founded in 1989 · 12 FTE (2025) 0439.708.522
Connections & network
2 connected companiesThe connected companies are in the list below.
Timeline
Deeds, filings and financial milestones
20-11
Gazette deed
1 director appointed, 1 director resigningResignation: Jasper Olaerts (director) · Appointment: Hyperkool BV (director) · Permanent representative: Nick Magerman4 points ▸
- General meeting, 10-01-2022
- Director resignation, Jasper Olaerts
- Director appointment, Hyperkool BV
- Permanent representative, Nick Magerman
- The deed holds 1 more point.
29-10
Gazette deed
Registered office moved within GenkNew registered office: Houtparklaan 5, bus 21, 3600 Genk · Previous registered office: C-Mine 1, bus 13, 3600 Genk · Resignation: Luckk BV (director)5 points ▸
- Board meeting, 12-10-2021
- Registered-office move, Houtparklaan 5, bus 21, 3600 Genk
- General meeting, 01-10-2021
- Director resignation, Luckk BV
- Director appointment, Jo Swinnen
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71307H0052/00E018 | Flanders | 2,551 m² | 1 · 1,790 m² | 3.5 m |