TOUCHSTONE
ActiveSummary
The computed 12-month bankruptcy probability of TOUCHSTONE is 1.6% (moderate). The 2025 annual accounts show equity of €32k and a net result of €-8k. Equity is shrinking by ~37.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 24.38; short-term debt: 4.1% and cash: 40.2% of total assets), and 4.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95.9%
Return on assets
-24.3%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-8k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
4 d late
2024
29 d late
2023
30 d late
2022
31 d late
2021
30 d late
2020
30 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€32k▼ 20.2%
2024 · €41k
2018: €279khighest in 8 years
2019: €205k▼ -26.5% vs 2018
2020: €165k▼ -19.4% vs 2019
2021: €126k▼ -24.0% vs 2020
2022: €82k▼ -34.3% vs 2021
2023: €49k▼ -40.9% vs 2022
2024: €41k▼ -16.4% vs 2023
2025: €32k▼ -20.2% vs 2024lowest in 8 years
2018 → 2025
Total assets
€34k▼ 17.1%
2024 · €41k
2018: €585khighest in 8 years
2019: €389k▼ -33.5% vs 2018
2020: €313k▼ -19.6% vs 2019
2021: €171k▼ -45.3% vs 2020
2022: €135k▼ -21.1% vs 2021
2023: €99k▼ -27.0% vs 2022
2024: €41k▼ -58.6% vs 2023
2025: €34k▼ -17.1% vs 2024lowest in 8 years
2018 → 2025
Net result
€-8k▼ 3.0%
2024 · €-8k
2018: €83khighest in 8 years
2019: €-74k▼ -189% vs 2018lowest in 8 years
2020: €-40k▲ +46.0% vs 2019
2021: €-40k▲ +0.7% vs 2020
2022: €-43k▼ -9.0% vs 2021
2023: €-34k▲ +21.8% vs 2022
2024: €-8k▲ +76.3% vs 2023
2025: €-8k▼ -3.0% vs 2024
2018 → 2025
Working capital
€32k▼ 19.6%
2024 · €40k
2018: €279khighest in 8 years
2019: €205k▼ -26.5% vs 2018
2020: €165k▼ -19.4% vs 2019
2021: €123k▼ -25.5% vs 2020
2022: €81k▼ -34.5% vs 2021
2023: €48k▼ -40.9% vs 2022
2024: €40k▼ -15.2% vs 2023
2025: €32k▼ -19.6% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€126k-€82k▼ 34.3%€49k▼ 40.9%€41k▼ 16.4%€32k▼ 20.2%
2021: €126khighest in 5 years
2022: €82k▼ -34.3% vs 2021
2023: €49k▼ -40.9% vs 2022
2024: €41k▼ -16.4% vs 2023
2025: €32k▼ -20.2% vs 2024lowest in 5 years
Operating result€-37k-€-40k▼ 9.6%€-31k▲ 23.0%€-5k▲ 82.7%€-6k▼ 4.2%
2021: €-37k
2022: €-40k▼ -9.6% vs 2021lowest in 5 years
2023: €-31k▲ +23.0% vs 2022
2024: €-5k▲ +82.7% vs 2023highest in 5 years
2025: €-6k▼ -4.2% vs 2024
Net result€-40k-€-43k▼ 9.0%€-34k▲ 21.8%€-8k▲ 76.3%€-8k▼ 3.0%
2021: €-40k
2022: €-43k▼ -9.0% vs 2021lowest in 5 years
2023: €-34k▲ +21.8% vs 2022
2024: €-8k▲ +76.3% vs 2023highest in 5 years
2025: €-8k▼ -3.0% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2025 against €5k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €34k
Equity
€32k ▼ 20.2%
Debt
€1k ▲ 847%
Debt's share of the balance-sheet total rises from 0.4% to 4.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-5k▼
2024 · €-5k
Cash flow
€-8k▼
2024 · €-7k
Current ratio
24.38
Debt to equity
0.04▲
2024 · 0.00
ROE
-25.4%▼
2024 · -19.6%
ROA
-24.3%▼
2024 · -19.6%
Interest coverage
-2.01▼
2024 · -1.77
Debt ≤ 1 year
€1k▲
2024 · €147
Staff costs
€0▲
2024 · €-2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€41k€34k▼
Fixed assets21/28€338€0▼
Tangible fixed assets22/27€338€0▼
Furniture and vehicles24€338€0▼
Current assets29/58€41k€34k▼
Amounts receivable within one year40/41€19k€20k▲
Trade receivables40-€1k
Other amounts receivable41€19k€19k=
Cash at bank and in hand54/58€22k€14k▼
Equity and liabilities
Total equity and liabilities10/49€41k€34k▼
Equity10/15€41k€32k▼
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€8k€8k=
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Profit (loss) carried forward14€-42k€-50k▼
Amounts payable17/49€147€1k▲
Amounts payable within one year42/48€147€1k▲
Trade debts44€147€1k▲
Suppliers440/4€147€1k▲
Taxes, remuneration and social security45€0-
Remuneration and social security454/9€0-
Other amounts payable47/48€0-
Income statement
Code20242025
Remuneration, social security and pensions62€-2k€0▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€753€338▼
Gross operating margin9900€-7k€-5k▲
Operating profit (loss)9901€-5k€-6k▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€-8k€-8k▼
Profit (loss) for the period9904€-8k€-8k▼
Profit (loss) for the period to be appropriated9905€-8k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-42k€-50k▼
Profit (loss) brought forward from the previous period14P€-34k€-42k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €30k | €32k | €24k | €-2k | €0 | ▲ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €415 | €753 | €753 | €753 | €338 | ▼ 55.1% |
| Gross operating margin9900 | €-6k | €-8k | €-7k | €-7k | €-5k | ▲ 19.3% |
| Operating profit (loss)9901 | €-37k | €-40k | €-31k | €-5k | €-6k | ▼ 4.2% |
| Financial charges65/66B | €3k | €3k | €3k | €3k | €3k | ▲ 0.6% |
| Recurring financial charges65 | €3k | €3k | €3k | €3k | €3k | ▲ 0.6% |
| Profit (loss) for the period before taxes9903 | €-40k | €-43k | €-34k | €-8k | €-8k | ▼ 3.0% |
| Profit (loss) for the period9904 | €-40k | €-43k | €-34k | €-8k | €-8k | ▼ 3.0% |
| Profit (loss) for the period to be appropriated9905 | €-40k | €-43k | €-34k | €-8k | €-8k | ▼ 3.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €171k | €135k | €99k | €41k | €34k | ▼ 17.1% |
| Fixed assets21/28 | €3k | €2k | €1k | €338 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €3k | €2k | €1k | €338 | €0 | ▼ 100% |
| Furniture and vehicles24 | €3k | €2k | €1k | €338 | €0 | ▼ 100% |
| Current assets29/58 | €169k | €133k | €97k | €41k | €34k | ▼ 16.4% |
| Amounts receivable within one year40/41 | €124k | €10k | €10k | €19k | €20k | ▲ 7.4% |
| Trade receivables40 | - | - | - | - | €1k | - |
| Other amounts receivable41 | €124k | €10k | €10k | €19k | €19k | = |
| Cash at bank and in hand54/58 | €44k | €123k | €88k | €22k | €14k | ▼ 37.1% |
| Deferred charges and accrued income490/1 | €114 | €126 | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €171k | €135k | €99k | €41k | €34k | ▼ 17.1% |
| Equity10/15 | €126k | €82k | €49k | €41k | €32k | ▼ 20.2% |
| Contributions10/11 | €75k | €75k | €75k | €75k | €75k | = |
| Capital10 | €75k | €75k | €75k | €75k | €75k | = |
| Issued capital100 | €75k | €75k | €75k | €75k | €75k | = |
| Reserves13 | €8k | €8k | €8k | €8k | €8k | = |
| Non-distributable reserves130/1 | €8k | €8k | €8k | €8k | €8k | = |
| Legal reserve130 | €8k | €8k | €8k | €8k | €8k | = |
| Profit (loss) carried forward14 | €43k | €-59 | €-34k | €-42k | €-50k | ▼ 19.7% |
| Amounts payable17/49 | €46k | €53k | €50k | €147 | €1k | ▲ 847% |
| Amounts payable within one year42/48 | €46k | €53k | €50k | €147 | €1k | ▲ 847% |
| Trade debts44 | €2k | €439 | €238 | €147 | €1k | ▲ 847% |
| Suppliers440/4 | €2k | €439 | €238 | €147 | €1k | ▲ 847% |
| Taxes, remuneration and social security45 | €5k | €4k | €2k | €0 | - | - |
| Remuneration and social security454/9 | €5k | €4k | €2k | €0 | - | - |
| Other amounts payable47/48 | €39k | €48k | €48k | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-40k | €-43k | €-34k | €-8k | €-8k | ▼ 3.0% |
| + Depreciation and write-downs630 | €415 | €753 | €753 | €753 | €338 | ▼ 55.1% |
| Operating cash flow (approximation) | €-39k | €-42k | €-33k | €-7k | €-8k | ▼ 9.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €79k | €-36k | €-66k | €-8k | ▲ 87.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 4 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Liquidity times 141current ratio 276.06
Current ratio from 1.95 to 276.06; short-term debt falls from €50k to €147.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €-74k
Net result drops to €-74k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 2 days late
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2008
Ground area
1,090 m²
Building footprint
220 m²
Volume, LiDAR
5,577 m³
Parcel 21822R0267/00G004, Brussels · tallest building 29.9 m, ±9 floors. Linked by address, not a title deed.
19
companies at this address
See who is registered here
1 establishment unit
Belle Alliancelaan 1, 1000 Brussel
since 20082.170.686.190
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0267/00G004 ProtectedSite or landscapeTer Kamerenbos |
Brussels | 1,090 m² | 1 · 220 m² | 29.9 m · 9 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Identification & contact
Identification
Legal formPublic limited company
Founded06-03-2008
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.