TOT
ActiveSummary
TOT has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €67,867 and a net result of €36,114. Equity is growing by ~26.8% per year across the filed fiscal years. Its solvency ranks better than 85% of 2464 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 6.17 against 18.78 in 2023; short-term debt: 14.9% and cash: 83.2% of total assets), and 15.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
30 d early
2022
35 d early
2021
75 d early
2020
44 d early
2019
51 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 46 days before the deadline; the sector median for financial year 2024 is 4 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€67,867▲ 114%
2023 · €31,752
Total assets
€79,935▲ 78.6%
2023 · €44,755
Net result
€36,114▲ 100%
2023 · €18,028
Working capital
€61,376▲ 244%
2023 · €17,834
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€15,124-€6,222-€4,875▲ 21.6%€27,392€55,991▲ 104%
Net result€11,754-€6,854-€5,696▲ 16.9%€18,028€36,114▲ 100%
Equity€26,274▲ 80.9%€19,420▼ 26.1%€13,724▼ 29.3%€31,752▲ 131%€67,867▲ 114%
Total assets€27,686▲ 73.9%€29,935▲ 8.1%€30,796▲ 2.9%€44,755▲ 45.3%€79,935▲ 78.6%
Debt€1,412▲ 0.9%€10,515▲ 645%€17,072▲ 62.4%€13,003▼ 23.8%€12,068▼ 7.2%
Working capital€24,380▲ 67.9%€13,453▼ 44.8%€22,764▲ 69.2%€17,834▼ 21.7%€61,376▲ 244%
Staff (FTE)0.30.1
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 104% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €79,935
Fixed assets
€6,688 ▼ 74.2%
Current assets
€73,247 ▲ 289%
Equity and liabilities €79,935
Equity
€67,867 ▲ 114%
Debt
€12,068 ▼ 7.2%
Debt's share of the balance-sheet total falls from 29.1% to 15.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€57,616▲
2023 · €28,841
Cash flow
€37,740▲
2023 · €19,477
Current ratio
6.17▼
2023 · 18.78
Debt to equity
0.18▼
2023 · 0.41
ROE
53.2%▼
2023 · 56.8%
ROA
45.2%▲
2023 · 40.3%
Interest coverage
499.71▼
2023 · 525.43
Debt ≤ 1 year
€11,871▲
2023 · €1,003
Income taxes
€19,761▲
2023 · €9,308
Staff costs
€1,235▲
2023 · -€65
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €11,704 | -€65 | €1,235 | ▲ 2,003% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €109 | €466 | €668 | €1,449 | €1,625 | ▲ 12.2% |
| Other operating charges640/8 | - | €440 | - | €220 | €607 | ▲ 176% |
| Non-recurring operating charges66A | - | €1,595 | - | - | - | - |
| Gross operating margin9900 | €15,234 | -€3,721 | €7,496 | €28,996 | €59,459 | ▲ 105% |
| Operating profit (loss)9901 | €15,124 | -€6,222 | -€4,875 | €27,392 | €55,991 | ▲ 104% |
| Financial income75/76B | - | €66 | €5 | - | €1 | - |
| Recurring financial income75 | - | €66 | €5 | - | €1 | - |
| Financial charges65/66B | - | €54 | €48 | €55 | €115 | ▲ 110% |
| Recurring financial charges65 | €5 | €54 | €48 | €55 | €115 | ▲ 110% |
| Profit (loss) for the period before taxes9903 | €15,119 | -€6,210 | -€4,918 | €27,337 | €55,876 | ▲ 104% |
| Income taxes67/77 | €3,365 | €644 | €778 | €9,308 | €19,761 | ▲ 112% |
| Profit (loss) for the period9904 | €11,754 | -€6,854 | -€5,696 | €18,028 | €36,114 | ▲ 100% |
| Profit (loss) for the period to be appropriated9905 | €11,754 | -€6,854 | -€5,696 | €18,028 | €36,114 | ▲ 100% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27,686 | €29,935 | €30,796 | €44,755 | €79,935 | ▲ 78.6% |
| Fixed assets21/28 | €1,895 | €6,486 | €5,960 | €25,918 | €6,688 | ▼ 74.2% |
| Tangible fixed assets22/27 | €1,895 | €6,486 | €5,818 | €6,918 | €6,419 | ▼ 7.2% |
| Furniture and vehicles24 | - | €2,099 | €1,431 | €2,531 | €2,032 | ▼ 19.7% |
| Other tangible fixed assets26 | - | €4,387 | €4,387 | €4,387 | €4,387 | = |
| Financial fixed assets28 | - | - | €142 | €19,000 | €268 | ▼ 98.6% |
| Current assets29/58 | €25,791 | €23,449 | €24,836 | €18,837 | €73,247 | ▲ 289% |
| Amounts receivable within one year40/41 | €6,050 | €4,704 | €1,915 | €1,850 | €6,739 | ▲ 264% |
| Trade receivables40 | - | - | - | €692 | - | - |
| Other amounts receivable41 | - | €4,704 | €1,915 | €1,158 | €6,739 | ▲ 482% |
| Cash at bank and in hand54/58 | €19,741 | €18,744 | €21,721 | €16,987 | €66,509 | ▲ 292% |
| Deferred charges and accrued income490/1 | - | - | €1,200 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27,686 | €29,935 | €30,796 | €44,755 | €79,935 | ▲ 78.6% |
| Equity10/15 | €26,274 | €19,420 | €13,724 | €31,752 | €67,867 | ▲ 114% |
| Contributions10/11 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €6,274 | €6,274 | €6,274 | €11,752 | €47,867 | ▲ 307% |
| Distributable reserves133 | - | €6,274 | €6,274 | €11,752 | €47,867 | ▲ 307% |
| Profit (loss) carried forward14 | - | -€6,854 | -€12,550 | - | - | - |
| Amounts payable17/49 | €1,412 | €10,515 | €17,072 | €13,003 | €12,068 | ▼ 7.2% |
| Amounts payable after more than one year17 | - | - | €15,000 | €12,000 | - | - |
| Financial debts170/4 | - | - | €15,000 | €12,000 | - | - |
| Amounts payable within one year42/48 | €1,412 | €9,995 | €2,072 | €1,003 | €11,871 | ▲ 1,084% |
| Trade debts44 | - | €496 | €240 | €383 | €579 | ▲ 51.1% |
| Suppliers440/4 | - | €496 | €240 | €383 | €579 | ▲ 51.1% |
| Taxes, remuneration and social security45 | - | - | - | - | €1,649 | - |
| Taxes450/3 | - | - | - | - | €1,284 | - |
| Remuneration and social security454/9 | - | - | - | - | €365 | - |
| Other amounts payable47/48 | - | €9,500 | €1,832 | €620 | €9,643 | ▲ 1,455% |
| Accrued charges and deferred income492/3 | - | €519 | - | - | €197 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,754 | -€6,854 | -€5,696 | €18,028 | €36,114 | ▲ 100% |
| + Depreciation and write-downs630 | €109 | €466 | €668 | €1,449 | €1,625 | ▲ 12.2% |
| Operating cash flow (approximation) | €11,863 | -€6,388 | -€5,028 | €19,477 | €37,740 | ▲ 93.8% |
| Investment in fixed assets (approximation) | - | -€5,057 | -€142 | -€21,407 | €17,605 | ▲ 182% |
| Change in cash | - | -€997 | €2,976 | -€4,733 | €49,521 | ▲ 1,146% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €36,114 ▲100%
Operating result €55,991, net result €36,114, both a record.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €18,028
Net result €18,028 after 2 loss-making years.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 5current ratio 11.99
Current ratio from 2.35 to 11.99; short-term debt falls from €9,995 to €2,072.
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€6,854
Net result drops to -€6,854, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €11,754
Net result €11,754 after one loss-making year.
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Liège · 2 establishment units since 2019
Ground area
3,732 m²
Building footprint
650 m²
Volume, LiDAR
4,148 m³
2 parcels, Flanders, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
2 establishment units
Clos du Vieux bure 6, 4000 Liège
since 20192.291.431.592
Donkelstraat 193, 3700 Tongeren-Borgloon
since 20242.366.480.789
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73044A0544/00F000 | Flanders | 3,170 m² | 1 · 577 m² | 11.1 m · 2 fl. |
| 62818G0284/00F005 | Wallonia | 562 m² | 1 · 73 m² | 9.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 8,313 companies in sector 90201 we hold annual accounts for 601. 488 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
90201Performing arts by independent artists
E-invoicing
Reachable via Peppol
Peppol ID
0208:0729798702
Registered
02-10-2024
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.