TOTE BAG
ActiveTOTE BAG has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €522 and a net result of €-134. Equity is shrinking by ~33% per year across the filed fiscal years. Its solvency ranks better than 28% of 4157 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▲+35
Solvency42▼-2
Growth72=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Age of the figures
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-09-2026, 35 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
35 d late
2024
27 d early
2023
61 d late
2022
30 d late
2021
32 d late
2020
58 d late
2019
20 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€20k▼ 7.4%
2024 · €22k
2018: €1k
2019: €0
2020: €6k
2021: €12k
2022: €29k
2023: €27k
2024: €22k
2018 → 2025
EBIT margin
-0.5%▲ 1.9pp
2024 · -2.4%
2018: -1424.9%
2020: -23.2%
2021: -20.3%
2022: -0.8%
2023: 1.6%
2024: -2.4%
2018 → 2025
Net result
€-134▲ 77.6%
2024 · €-600
2018: €-18k
2019: €-4k
2020: €-1k
2021: €-3k
2022: €-263
2023: €767
2024: €-600
2018 → 2025
Working capital
€342▲ 61.9%
2024 · €211
2018: €9k
2019: €5k
2020: €3k
2021: €573
2022: €-675
2023: €452
2024: €211
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€12k-€29k▲ 130%€27k▼ 4.5%€22k▼ 19.6%€20k▼ 7.4%
Equity€753-€490▼ 35.0%€1k▲ 157%€656▼ 47.8%€522▼ 20.5%
Operating result€-3k-€-221▲ 91.2%€439€-522€-96▲ 81.6%
Net result€-3k-€-263▲ 89.7%€767€-600€-134▲ 77.6%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €96 in 2025 against €522 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3k
Fixed assets
€180▼ 59.6%
Current assets
€3k▼ 3.6%
Equity and liabilities €3k
Equity
€522▼ 20.5%
Debt
€3k▼ 8.6%
The debt ratio rises from 80.7% to 82.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€169▲
2024 · €-162
Cash flow
€131▲
2024 · €-240
Interest coverage
4.43▲
2024 · -2.06
Debt
€3k▼
2024 · €3k
Debt ≤ 1 year
€3k▼
2024 · €3k
Ratios withheld: a balance sheet total of €3k is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3k€3k▼
Formation expenses20€0-
Fixed assets21/28€445€180▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€265-
Plant, machinery and equipment23€0-
Furniture and vehicles24€265-
Financial fixed assets28€180€180=
Current assets29/58€3k€3k▼
Amounts receivable within one year40/41€3k€2k▼
Trade receivables40€3k€2k▼
Current investments50/53-€705
Cash at bank and in hand54/58€267-
Equity and liabilities
Total equity and liabilities10/49€3k€3k▼
Equity10/15€656€522▼
Contributions10/11€13k€13k=
Capital10€13k€13k=
Issued capital100€13k€13k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€-14k€-14k▼
Amounts payable17/49€3k€3k▼
Amounts payable within one year42/48€3k€3k▼
Current portion of amounts payable after more than one year42€0-
Taxes, remuneration and social security45€1k€1k▼
Taxes450/3€1k€1k▼
Other amounts payable47/48€2k€2k=
Income statement
Code20242025
Turnover70€22k€20k▼
Goods, raw materials, services and sundry goods60/61€22k€20k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€360€265▼
Gross operating margin9900€-162€169▲
Operating profit (loss)9901€-522€-96▲
Financial charges65/66B€79€38▼
Recurring financial charges65€79€38▼
Profit (loss) for the period before taxes9903€-600€-134▲
Profit (loss) for the period9904€-600€-134▲
Profit (loss) for the period to be appropriated9905€-600€-134▲
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-14k▼
Profit (loss) brought forward from the previous period14P€-13k€-14k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 35 days late
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
31-12
Financial
Back to profitnet €767
Net result €767 after 5 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
01-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 32 days late
2021
27-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 58 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 15.54
Current ratio from 5.57 to 15.54; short-term debt falls from €1,000 to €215.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 20 days late
2019
31-12
Financial
Liquidity times 5current ratio 5.57
Current ratio from 1.09 to 5.57; short-term debt falls from €101k to €1,000.
05-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 36 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Olne · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Fosses Berger 584877 OlneGround area
1,160 m²
Building footprint
118 m²
Volume, LiDAR
718 m³
Parcel 63057A1141/00T000, Wallonia · tallest building 16.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NS COMPANY
since 20052.165.748.494
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63057A1141/00T000 | Wallonia | 1,160 m² | 1 · 118 m² | 16.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
PETITE BOHEME
BE 0745.843.886
Tournai · Eq €521
FURKAN TEX
BE 0867.370.139
Gent · Eq €525
Belcomma retail
BE 0784.786.319
Waterloo · Eq €527
AMBF
BE 0777.963.556
Saint-Nicolas · Eq €549
KYSTALY
BE 0644.518.577
Visé · Eq €560
Of 6,503 companies in sector 47716 we hold annual accounts for 2,441. 188 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-02-2005
Fiscal year end31-12
Activities, NACEBEL
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
52421
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.