Skip to content

Totoro

Active
Private limited companyfounded 2024active for 2 yearsOntvoeringsplein 2, 2800 Mechelen, BelgiumKBO/BCE: BE 1007.782.587
Summary

The computed 12-month bankruptcy probability of Totoro is 5.4% (elevated). The 2025 annual accounts show negative equity (-€89,990) and a net result of -€114,990. Its solvency ranks better than 12% of 16,547 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
-€89,990
Total assets
€121,887
Net result
-€114,990
Working capital
-€184,204

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €121,887
Fixed assets €94,214
Current assets €27,673
Equity and liabilities
Equity-€89,990
Debt€211,877
Equity is negative: debt (€211,877) exceeds the balance-sheet total (€121,887).
Key figures and ratios
2025 value
EBITDA
-€80,863
Cash flow
-€90,300
Solvency
-73.8%
Current ratio
0.13
Quick ratio
0.10
ROA
-94.3%
Interest coverage
-8.57
Debt
€211,877
Debt ≤ 1 year
€211,877
Staff costs
€150,582
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 84.9% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
84.9% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 5.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,638 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€121,887
Fixed assets21/28€94,214
Intangible fixed assets21€17,811
Tangible fixed assets22/27€76,403
Plant, machinery and equipment23€14,238
Other tangible fixed assets26€62,165
Current assets29/58€27,673
Stocks and contracts in progress3€7,510
Stocks30/36€7,510
Amounts receivable within one year40/41€590
Other amounts receivable41€590
Cash at bank and in hand54/58€16,776
Deferred charges and accrued income490/1€2,797
Equity and liabilities
Total equity and liabilities10/49€121,887
Equity10/15-€89,990
Contributions10/11€25,000
Profit (loss) carried forward14-€114,990
Amounts payable17/49€211,877
Amounts payable within one year42/48€211,877
Trade debts44€25,246
Suppliers440/4€25,246
Taxes, remuneration and social security45€18,720
Taxes450/3€8,819
Remuneration and social security454/9€9,901
Other amounts payable47/48€167,911
Income statement Code2025
Remuneration, social security and pensions62€150,582
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,690
Other operating charges640/8€7,828
Gross operating margin9900€77,547
Operating profit (loss)9901-€105,554
Financial charges65/66B€9,437
Recurring financial charges65€9,437
Profit (loss) for the period before taxes9903-€114,990
Profit (loss) for the period9904-€114,990
Profit (loss) for the period to be appropriated9905-€114,990
Appropriation of the result
Profit (loss) to be appropriated9906-€114,990

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€150,582
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,690
Other operating charges640/8€7,828
Gross operating margin9900€77,547
Operating profit (loss)9901-€105,554
Financial charges65/66B€9,437
Recurring financial charges65€9,437
Profit (loss) for the period before taxes9903-€114,990
Profit (loss) for the period9904-€114,990
Profit (loss) for the period to be appropriated9905-€114,990
Line2025
Assets
Total assets20/58€121,887
Fixed assets21/28€94,214
Intangible fixed assets21€17,811
Tangible fixed assets22/27€76,403
Plant, machinery and equipment23€14,238
Other tangible fixed assets26€62,165
Current assets29/58€27,673
Stocks and contracts in progress3€7,510
Stocks30/36€7,510
Amounts receivable within one year40/41€590
Other amounts receivable41€590
Cash at bank and in hand54/58€16,776
Deferred charges and accrued income490/1€2,797
Equity and liabilities
Total equity and liabilities10/49€121,887
Equity10/15-€89,990
Contributions10/11€25,000
Profit (loss) carried forward14-€114,990
Amounts payable17/49€211,877
Amounts payable within one year42/48€211,877
Trade debts44€25,246
Suppliers440/4€25,246
Taxes, remuneration and social security45€18,720
Taxes450/3€8,819
Remuneration and social security454/9€9,901
Other amounts payable47/48€167,911
Line2025
Profit (loss) for the period9904-€114,990
+ Depreciation and write-downs630€24,690
Operating cash flow (approximation)-€90,300

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 31-07-2026 2026-00364942

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 13,714 active companies whose main activity is cafés and bars (NACE 56301), figures are known for 4,907. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.