TOTTE MARK
ActiveTOTTE MARK has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €33k and a net result of €11k. Equity is shrinking by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 92% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+68
Solvency100▲+5
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 8.04 against 3.16 in 2023; short-term debt: 12.4% and cash: 63.3% of total assets), and 12.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
33 d early
2022
13 d early
2021
2 d early
2020
1 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€33k▲ 35.5%
2023 · €24k
2018: €41k
2019: €44k
2020: €46k
2021: €37k
2022: €35k
2023: €24k
2018 → 2024
Total assets
€38k▲ 8.8%
2023 · €35k
2018: €54k
2019: €48k
2020: €51k
2021: €41k
2022: €37k
2023: €35k
2018 → 2024
Net result
€11k
2023 · €-747
2018: €904
2019: €3k
2020: €2k
2021: €-9k
2022: €-2k
2023: €-747
2018 → 2024
Working capital
€33k▲ 48.1%
2023 · €22k
2018: €38k
2019: €43k
2020: €45k
2021: €29k
2022: €30k
2023: €22k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€46k-€37k▼ 18.6%€35k▼ 5.9%€24k▼ 30.4%€33k▲ 35.5%
Operating result€3k-€-7k€-2k▲ 66.1%€-1k▲ 54.4%€13k
Net result€2k-€-9k€-2k▲ 74.0%€-747▲ 66.3%€11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €13k after a loss of €1k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €38k
Equity
€33k▲ 35.5%
Debt
€5k▼ 54.5%
The debt ratio falls from 29.7% to 12.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15k▲
2023 · €2k
Cash flow
€13k▲
2023 · €2k
Solvency
87.6%▲
2023 · 70.3%
Current ratio
8.04▲
2023 · 3.16
Quick ratio
8.04▲
2023 · 3.16
Debt / equity
0.14▼
2023 · 0.42
ROE
34.3%▲
2023 · -3.1%
ROA
30.0%▲
2023 · -2.1%
Interest coverage
754855.50
Debt
€5k▼
2023 · €10k
Debt ≤ 1 year
€5k▼
2023 · €10k
Income taxes
€2k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€35k€38k▲
Fixed assets21/28€2k-
Tangible fixed assets22/27€2k-
Furniture and vehicles24€2k-
Current assets29/58€33k€38k▲
Amounts receivable within one year40/41€14k€13k▼
Trade receivables40€6k€4k▼
Other amounts receivable41€8k€9k▲
Cash at bank and in hand54/58€17k€24k▲
Deferred charges and accrued income490/1€878€548▼
Equity and liabilities
Total equity and liabilities10/49€35k€38k▲
Equity10/15€24k€33k▲
Contributions10/11€12k€12k=
Reserves13€8k€17k▲
Distributable reserves133€8k€17k▲
Profit (loss) carried forward14€4k€4k=
Amounts payable17/49€10k€5k▼
Amounts payable within one year42/48€10k€5k▼
Trade debts44€194€2k▲
Suppliers440/4€194€2k▲
Taxes, remuneration and social security45€222-
Taxes450/3€222-
Other amounts payable47/48€10k€3k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€674€573▼
Gross operating margin9900€3k€16k▲
Operating profit (loss)9901€-1k€13k▲
Financial income75/76B€298€450▲
Recurring financial income75€298€450▲
Financial charges65/66B-€0
Recurring financial charges65-€0
Profit (loss) for the period before taxes9903€-747€13k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€-747€11k▲
Profit (loss) for the period to be appropriated9905€-747€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€15k▲
Profit (loss) brought forward from the previous period14P€4k€4k▼
Transfer from equity791/2€10k€3k▼
Transfer to equity691/2-€11k
To other reserves6921-€11k
Profit to be distributed694/7€10k€3k▼
Return on contributions (dividend)694€10k€3k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €11k
Net result €11k after 3 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 8.04
Current ratio from 3.16 to 8.04; short-term debt falls from €10k to €5k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-9k ▼463%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 9.62
Current ratio from 3.93 to 9.62; short-term debt falls from €13k to €5k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-10-2023
Resigned as Director
Location & real-estate footprint
Registered office, Hemiksem · 1 establishment unit since 2002
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.
Scheldeoever 232620 HemiksemGround area
1,113 m²
Building footprint
245 m²
Volume, LiDAR
50 m³
Parcel 11018C0258/00E002, Flanders · tallest building 1.3 m. Linked by address, not a title deed.
1 establishment unit
Scheldeoever 23, 2620 Hemiksem
since 20022.115.579.403
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11018C0258/00E002 | Flanders | 1,113 m² | 1 · 245 m² | 1.3 m |
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.
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 8,105 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-10-2002
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:mark@mtotte.be