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TOTO RECORDS

Active
Private limited companyfounded 1984active for 42 yearsRue Liébin(H-A) 48, 7110 La Louvière, BelgiumKBO/BCE: BE 0427.234.223

From the official registers: KBO 41 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of TOTO RECORDS is 3.5% (moderate). The 2025 annual accounts show negative equity (-€129,643) and a net result of -€12,808. Equity has been shrinking by about 8% per year since 2018. Its solvency ranks better than 5% of 12,757 sector peers (NACE 47, financial year 2025). The company has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 25-09-1984 Normal situation
Legal form
Private limited company
Registered office
Rue Liébin(H-A) 48, 7110 La Louvière
Activity
Other non-specialised retail sale NACE 47120and 2 others
Establishment unit
2.025.400.976 7110 La Louvière, since 19-03-1998
Financial year end
31 December
Peppol
Reachable since 18-12-2025

Board and ownership

Board

Financial position

47 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.5%
Annual accounts 2025
Gross margin
-€9,570
Loss
€12,808
Equity
-€129,643
▼ 11.0%
Total assets
€29,307
▼ 21.6%
Turnover not published (abbreviated or micro format)2025 accounts filed 30 days after the deadline
Filed on 30-08-2026at the National Bank
Score breakdownraises riskLoss of €12,808 (financial year 2025)Sector: Retail trade (NACE 47)Negative equity -€129,643lowers riskSize: total assets €29,307Show the evidence

Checked score

Score 2025
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 10% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -442.4% of total assets
Liquidity 0-9
short-term debt 542.4% · cash 0.1%
Profitability 0-71
return on assets -43.7%
Bankruptcy probability within 12 months
3.5% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 3.1% 12-2024: 3.1%● unchanged vs 11-2024 01-2025: 3.1%● unchanged vs 12-2024 02-2025: 3.1%● unchanged vs 01-2025 03-2025: 3.1%● unchanged vs 02-2025 04-2025: 3.1%● unchanged vs 03-2025 05-2025: 3.0%▼ -0.1 percentage points vs 04-2025 06-2025: 3.0%● unchanged vs 05-2025 07-2025: 3.4%▲ +0.4 percentage points vs 06-2025 08-2025: 3.9%▲ +0.5 percentage points vs 07-2025 09-2025: 4.0%▲ +0.1 percentage points vs 08-2025highest value 10-2025: 1.1%▼ -2.9 percentage points vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.0%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 1.2%▲ +0.2 percentage points vs 06-2026 08-2026: 1.8%▲ +0.6 percentage points vs 07-2026 09-2026: 3.5%▲ +1.7 percentage points vs 08-2026 10-2026: 3.5%● unchanged vs 09-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.18 (0.22 in 2024), below 1. Short-term debt is 542.4% and cash 0.1% of total assets. Equity is negative.
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 47, micro). It does better than 6% of them on solvency, 2% on liquidity, 6% on profitability and 25% on growth.

The bankruptcy probability was computed on 31-10-2026 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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Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €29,307
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €12,808 (financial year 2025)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Negative equity -€129,643
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€129,643
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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
30 days late
2024
47 days late
2023
57 days late
2022
29 days late
2021
24 days late
2020
30 days late
2019
56 days late
← 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 39 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 30 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€129,643 View
  • Caution: Lower solvency than 95% of companies in retail tradesector median 36.6% · 12,757 companies -442.4% View

Documents

Annual accounts at the NBB

All 41 annual accounts

Articles and registers

Key facts about TOTO RECORDS

What is the company number of TOTO RECORDS?
The company number of TOTO RECORDS is 0427.234.223. The VAT number is the same number with BE in front: BE 0427.234.223.
Where is TOTO RECORDS based?
The registered office is at Rue Liébin(H-A) 48, 7110 La Louvière.Company details
What does TOTO RECORDS do?
According to the KBO register, the main activity is other non-specialised retail sale (NACE 47120).
What is the legal form of TOTO RECORDS?
The legal form of TOTO RECORDS is Private limited company (BV).
When was TOTO RECORDS founded?
TOTO RECORDS was founded on 25-09-1984.
Is TOTO RECORDS still active?
Yes, TOTO RECORDS is an active enterprise in the KBO register.
What is the turnover of TOTO RECORDS?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
Is TOTO RECORDS profitable?
In financial year 2025, TOTO RECORDS made a loss of €12,808.
Where can I find the annual accounts of TOTO RECORDS?
TOTO RECORDS filed 41 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of TOTO RECORDS due?
TOTO RECORDS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as TOTO RECORDS: other non-specialised retail sale (NACE 47120). They are comparable in size and age: total assets between €23,900 and €54,200, founded between 1985 and 1993.

CompanyTotal assetsGross margin
TOTO RECORDS La Louvière€29,307-€9,570
LIGHTELEC DEFORCHE Harelbeke€27,843-€12,984
KATMANDO Liège€23,853€1,618
Van Havermaet Webshop Hasselt€28,898€1,089
DE AREND Erpe-Mere€41,743-€7,211
VAVANTAS Sint-Truiden€48,719€1,612
Quinthan Waasmunster€54,200-€18,273
Full comparison

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