Checked.be
Active
BE 0428.922.419Private limited company
TOTO GROUP
Richard Vandeveldestraat 115 ·1030 Schaarbeek, Belgium· 40 yrs active
Sector: Detailhandel in huismeubilair
(47551)
Conclusion
The computed 12-month bankruptcy probability of TOTO GROUP is 1.2% (low). The 2024 annual accounts show equity of €247k and a net result of €3k. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 91% of 873 sector peers (fiscal year 2024). The company has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 7 annual accounts.
Key figures
| Equity | €247k |
| Net result | €3k |
| Staff (FTE) | 14.3 |
| Better than sector | 91% |
Financial profile
75
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
89
Profitability
6
Solvency
100
Growth
78
Stability
100
Bankruptcy probability (12 mo)
1.2%
Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate region
+Long track record
−Higher-failure-rate sector
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1986, 40 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
89
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 10-07-2025 with the NBB · fiscal year 2024 · volledig
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~7.1%/year over 7 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 73.3% | 17.2% | |
| Net result | €3k | €14k | |
| Equity | €247k | €99k | |
| Gross operating margin | €381k | €213k | |
| Staff costs | €361k | €221k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€2k
-91.0%
18-24
€3k
+48.3%
18-24
€20k
-46.3%
18-24
€336k
-8.6%
18-24
€247k
+1.3%
18-24
€220k
+10.7%
18-24
14
+8.3%
18-24
€361k
-18.4%
18-24
Show 11 other metrics
€4k
-63.1%
18-24
€90k
-27.9%
18-24
€85k
-29.2%
18-24
€614
-85.8%
18-24
3.59
+35.2%
18-24
3.16
+35.4%
18-24
73.3%
+10.8%
18-24
0.36
-28.8%
18-24
1.2%
+46.4%
18-24
0.9%
+62.3%
18-24
2.16
-87.4%
18-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €2k |
| Net profit | €3k |
| Cash flow | €20k |
| Staff costs | €361k |
| Income taxes | €4k |
| Dividends | - |
| Total assets | €336k |
| Equity | €247k |
| Debt | €90k |
| of which ≤ 1y | €85k |
| of which > 1y | €614 |
| Working capital | €220k |
| Employees (FTE) | 14.3 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 3.59 |
| Quick ratio | 3.16 |
| Working capital ratio | 65.6% |
| Solvency | 73.3% |
| Debt / equity | 0.36 |
| Long-term debt ratio | 0.00 |
| Interest coverage | 2.16 |
| Gross margin | - |
| Net margin | - |
| ROA | 0.9% |
| ROE | 1.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €336k |
| Fixed assets | 21/28 | €31k |
| Tangible fixed assets | 22/27 | €28k |
| Financial fixed assets | 28 | €3k |
| Current assets | 29/58 | €306k |
| Stocks & contracts in progress | 3 | €37k |
| Amounts receivable within one year | 40/41 | €115k |
| Cash & bank | 54/58 | €119k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €336k |
| Equity | 10/15 | €247k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €228k |
| Amounts payable | 17/49 | €90k |
| Amounts payable after one year | 17 | €614 |
| Amounts payable within one year | 42/48 | €85k |
| Trade debts payable within one year | 44 | €50k |
| Income statement | ||
| Gross operating margin | 9900 | €381k |
| Operating result | 9901 | €-15k |
| Financial income | 75 | €23k |
| Financial charges | 65 | €820 |
| Result before taxes | 9903 | €7k |
| Income taxes | 67/77 | €4k |
| Net result for the period | 9904 | €3k |
| Result to be appropriated | 9905 | €3k |
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
Current directors & mandates
-
SIMSEK HakanDirectorState Gazette act 24345340 (29-01-2024)Current21-02-2020 → present
4 events
- 29-01-2024 Appointed· Director
- 03-02-2023 Appointed· Director
- 19-05-2020 Appointed· Director
- 21-02-2020 Appointed· Associé
Historic, not recently confirmed (1)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
-
YUSOFOV YuzdzhanAssociéState Gazette act 08161077 (10-10-2008)Not recently confirmedlast confirmed in an act from 2008
Former directors (20)
-
ArifóvDirectorState Gazette act 23016854 (03-02-2023)Former- → 03-02-2023
-
FAHRI AliDirectorState Gazette act 23016854 (03-02-2023)Former- → 03-02-2023
-
FERAD FerhatAssociéState Gazette act 19066746 (17-05-2019)Former17-05-2019 → 03-02-2023
2 events
- 03-02-2023 Resigned· Director
- 17-05-2019 Appointed· Associé
-
HASANOV Hasan AhmedovDirectorState Gazette act 23016854 (03-02-2023)Former- → 03-02-2023
-
IBRAIM IlhanDirectorState Gazette act 23016854 (03-02-2023)Former- → 03-02-2023
15 further former directors in the mandate history. Available in Kantoor S.
See plans →
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
| NACE primary | Detailhandel in huismeubilair(47551) |
| Legal form | Private limited company(610) |
| Incorporation | 14-03-1986 |
| Status | Active |
| Postal code | 1030 |
Establishment units
Richard Vandeveldestraat 115, 1030 Schaarbeek
since 19942.037.264.670
TOTO GROUP
since 20112.195.154.342
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21372D0217/00L003 | Brussels | 131 m² | 1 · 74 m² | 15.4 m · 4 fl. |
| 21902A0252/00M003 | Brussels | 72 m² | 1 · 72 m² | 14.8 m · 4 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
10-07-2025
NBB filing
Annual accounts filed
2024
14-08-2024
NBB filing
Annual accounts filed
29-01-2024
State Gazette act
Statutes amendment
2023
15-06-2023
NBB filing
Annual accounts filed
03-02-2023
State Gazette act
Director changes
2022
09-06-2022
NBB filing
Annual accounts filed
2021
13-07-2021
NBB filing
Annual accounts filed
2020
15-07-2020
NBB filing
Annual accounts filed
19-05-2020
State Gazette act
Director changes
21-02-2020
State Gazette act
Capital & shares
2019
08-11-2019
State Gazette act
Capital & shares
09-07-2019
State Gazette act
Director changes
20-06-2019
NBB filing
Annual accounts filed
17-05-2019
State Gazette act
Capital & shares
28-03-2019
State Gazette act
Director changes
2018
11-09-2018
NBB filing
Annual accounts filed
2017
23-06-2017
NBB filing
Annual accounts filed
19-04-2017
State Gazette act
Director changes
2016
13-10-2016
State Gazette act
Capital & shares
14-06-2016
NBB filing
Annual accounts filed
08-06-2016
State Gazette act
Director changes
23-05-2016
State Gazette act
Capital & shares
13-04-2016
State Gazette act
Director changes
2015
14-07-2015
State Gazette act
Director changes
2011
13-04-2011
State Gazette act
Capital & shares
2008
10-10-2008
State Gazette act
Capital & shares
Belgian State Gazette reading coverage
We know of 34 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
Capital history · 7
21-02-2020
v3.2
08-11-2019
v3.2
17-05-2019
v3.2
13-10-2016
v3.2
23-05-2016
v3.2
13-04-2011
v3.2
10-10-2008
v3.2
All acts · 16
updated 2 years ago
2024
29-01-2024 Articles of association amended
Summary:
v3.2
Technical details
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}2023
03-02-2023 1 director appointed, 11 resigning
- SIMSEK Hakan, Bestuurder
- SABRIEV Isa, Bestuurder
- Talibov, Bestuurder
- ISMAILOV Mezhdin, Bestuurder
- Arifóv, Bestuurder
- MEHMEDOV Gyurses, Bestuurder
- Saliev, Bestuurder
- HASANOV Hasan Ahmedov, Bestuurder
Summary:
v3.2
Technical details
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},
{
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},
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"kind": "director_out",
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"name": "FAHRI Ali",
"address": null,
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},
{
"kind": "director_out",
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"person": {
"rrn": null,
"name": "IBRAIM Ilhan",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "administrateur",
"person": {
"rrn": null,
"name": "SIMSEK Hakan",
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}2020
19-05-2020 1 director appointed, 1 resigning
- SIMSEK Hakan, Bestuurder
- TOKER Huseyin, Bestuurder
Summary:
v3.2
Technical details
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"subject_company": {
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}21-02-2020 Transaction in capital or shares
Summary:
v3.2
Technical details
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}2019
08-11-2019 Transaction in capital or shares
Summary:
v3.2
Technical details
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}09-07-2019 2 resigning
- GARIBOV Nurhan, Associé
- HYUSEINOV Mehmed Hyuseinov, Associé
Summary:
v3.2
Technical details
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],
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"subject_company": {
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}17-05-2019 Transaction in capital or shares
Summary:
v3.2
Technical details
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"subject_company": {
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}
}28-03-2019 1 director appointed, 1 resigning
- TOKER Huseyin, Gérant
- IBRYAM Veli Zyulkyar, Associé
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_out",
"role": "associ\u00E9",
"person": {
"rrn": null,
"name": "IBRYAM Veli Zyulkyar",
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},
{
"kind": "director_in",
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"subject_company": {
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}2017
19-04-2017 Change in the board of directors
Summary:
v3.2
Technical details
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"subject_company": {
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}2016
13-10-2016 Transaction in capital or shares
Summary:
v3.2
Technical details
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"events": [],
"schema": "v3.2",
"act_meta": {
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"subject_company": {
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}08-06-2016 Change in the board of directors
Summary:
v3.2
Technical details
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"subject_company": {
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}23-05-2016 Transaction in capital or shares
Summary:
v3.2
Technical details
{
"events": [],
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"act_meta": {
"extractor": "qwen3-30b-a3b"
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"subject_company": {
"kbo": "0428.922.419",
"name_full": "TOTO GROUP"
}
}13-04-2016 1 director appointed, 1 resigning
- ISUFOVA Ilgyun, Associé
- MUSTAFA Nedzhmi, Associé
Summary:
v3.2
Technical details
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"kind": "director_out",
"role": "associ\u00E9",
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"name": "MUSTAFA Nedzhmi",
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},
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],
"schema": "v3.2",
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"subject_company": {
"kbo": "0428.922.419",
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}
}2015
14-07-2015 MUSTAFOV Kenan, Salinov resigns as associé
- MUSTAFOV Kenan, Salinov, Associé
Summary:
v3.2
Technical details
{
"events": [
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"kind": "director_out",
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"rrn": null,
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"address": null,
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}
}
],
"schema": "v3.2",
"act_meta": {
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},
"subject_company": {
"kbo": "0428.922.419",
"name_full": "TOTO GROUP"
}
}2011
13-04-2011 Transaction in capital or shares
Summary:
v3.2
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0428.922.419",
"name_full": "TOTO GROUP"
}
}2008
10-10-2008 Transaction in capital or shares
Summary:
v3.2
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0428.922.419",
"name_full": "TOTO GROUP"
}
}Credit advice
Company registry (CBE)
Activities
Detailhandel in huismeubilair47551Detailhandel in huismeubilair in gespecialiseerde winkels47591Detailhandel in meubels52441Algemene bouw van residentiële gebouwen41001Ontwikkeling van residentiële bouwprojecten41101Algemene bouw van residentiële gebouwen41201Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Loodgieterswerk43221Sanitaire werkzaamheden43221Schrijnwerk43320Schrijnwerk43320Chapewerken43422Chapewerken43996Ontwikkeling van residentiële bouwprojecten68121
Primary activity highlighted.
Names & trade names
| Legal nameFR | TOTO GROUP |
Registered office
Richard Vandeveldestraat 115
1030 Schaarbeek, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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