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TOTEM

Active
Private limited company (pre-2019)founded 1994active for 31 yearsRue du Village 4/2, 4590 Ouffet, BelgiumKBO/BCE: BE 0454.276.140
Summary

TOTEM has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52,370 and a net result of -€160. Equity has been growing by about 6.8% per year since 2018. Its solvency ranks better than 85% of 13,741 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Official details

Source: KBO
Status
Active since 28-12-1994 Normal situation
Activity
Agents in non-specialised wholesale trade NACE 46190and 5 others
Establishment unit
2.069.887.453 4557 Tinlot, since 20-01-1995
Financial year end
31 December
Peppol
Reachable since 26-01-2026

Board and ownership

Board
  • COURAGE VéroniqueDirector

Financial position

83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts 2025
Gross margin
€10,404
▼ 38.7%
Turnover
≈ €73,000
estimated
Loss
€160
Equity
€52,370
▼ 0.3%
Total assets
€62,381
▼ 8.9%
  • 2025 accounts filed 61 days after the deadline
Score breakdownraises riskLast filed accounts filed 61 days late; 1 of the last 3 accounts lateLiquidity: current ratio 4.20, cash €769, halvedSize: total assets €62,381lowers riskFounded in 1994Show the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 56% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 84.0% of total assets
Liquidity 48-3
short-term debt 16.0% · cash 1.2%
Profitability 64-16
return on assets -0.3%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.2 percentage points vs 06-2025 08-2025: 0.9%▲ +0.3 percentage points vs 07-2025 09-2025: 1.1%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 0.3%▼ -0.8 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.7%▲ +0.3 percentage points vs 07-2026 09-2026: 0.8%▲ +0.1 percentage points vs 08-2026 10-2026: 0.5%▼ -0.3 percentage points vs 09-2026 11-2026: 0.5%● unchanged vs 10-2026
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.2 (2.84 in 2024), above the usual 1.5. Short-term debt is 16% and cash 1.2% of total assets. 16% 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 (NACE 46, micro). It does better than 90% of them on solvency, 47% on liquidity, 47% on profitability and 39% on growth.

The bankruptcy probability was computed on 02-11-2026 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).

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

Signals

Five signals.
lowers riskraises risk
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 61 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 4.20, cash €769, halved
NBB · annual accounts
raises risk · Size: total assets €62,381
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
61 days late
2024
29 days late
2023
28 days late
2022
31 days late
2021
9 days early
2020
31 days late
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 24 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed 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 29 August (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 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

Key points

  • Positive: Higher solvency than 85% of companies in wholesale tradesector median 40.6% · 13,741 companies 84.0% View

Recent changes

  1. · Gazette deed Incorporation
All 12 events

Comparable companies

These companies have the same main activity as TOTEM: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €53,400 and €69,700, founded between 1991 and 1999.

CompanyTotal assetsGross margin
TOTEM Ouffet€62,381€10,404
CONSOLIDATE MERCHANDISE ASSOCIATES Elsene€56,838€11,645
Thomas Bernard Kubitz Zoersel€53,426€11,401
JIMMY TRADING INTERNATIONAL Vorselaar€55,373€8,075
Coupures de Presse Binche€69,714€10,255
GOSSE.22 Charleroi€65,288€7,502
CRIDEX Elsene€57,565€8,673
Full comparison

Key facts about TOTEM

What is the company number of TOTEM?
The company number of TOTEM is 0454.276.140. The VAT number is the same number with BE in front: BE 0454.276.140.
Where is TOTEM based?
The registered office is at Rue du Village 4/2, 4590 Ouffet.Company details
What does TOTEM do?
According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
What is the legal form of TOTEM?
The legal form of TOTEM is Private limited company (pre-2019) (BVBA).
When was TOTEM founded?
TOTEM was founded on 28-12-1994.
Is TOTEM still active?
Yes, TOTEM is an active enterprise in the KBO register.
What is the turnover of TOTEM?
The turnover in financial year 2025 is ≈ €73,000. This figure is estimated from the gross margin of €10,404 and 30 comparable companies (NACE 46190). It probably lies between €37,000 and €140,000. It is a rough estimate.Financials
Is TOTEM profitable?
In financial year 2025, TOTEM made a loss of €160.
Where can I find the annual accounts of TOTEM?
TOTEM filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TOTEM due?
TOTEM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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