TOUSSELEC
ActiveTOUSSELEC has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €28k and a net result of €8k. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 18% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▼-25
Solvency40▼-23
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.02 against 1.5 in 2023; short-term debt: 69% and cash: 14.6% of total assets), and 85.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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 →
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 2024Solvency, return and age of the figures
Solvency
14.8%
Return on assets
4.1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 36373 sector peers (2024).
NBB · sector comparisonPosition among 36373 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
42 d late
2022
74 d late
2021
23 d late
2020
87 d late
2019
130 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€28k▼ 49.3%
2023 · €56k
2018: €21k
2019: €28k
2020: €28k
2021: €12k
2022: €30k
2023: €56k
2018 → 2024
Total assets
€191k▲ 31.0%
2023 · €146k
2018: €71k
2019: €132k
2020: €103k
2021: €84k
2022: €119k
2023: €146k
2018 → 2024
Net result
€8k▼ 78.1%
2023 · €36k
2018: €15k
2019: €7k
2020: €-254
2021: €-16k
2022: €18k
2023: €36k
2018 → 2024
Working capital
€3k▼ 92.7%
2023 · €45k
2018: €14k
2019: €18k
2020: €17k
2021: €14k
2022: €29k
2023: €45k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€28k-€12k▼ 55.7%€30k▲ 144%€56k▲ 84.6%€28k▼ 49.3%
Operating result€1k-€-14k€20k€51k▲ 155%€15k▼ 70.1%
Net result€-254-€-16k▼ 6,047%€18k€36k▲ 99.5%€8k▼ 78.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 70% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €191k
Fixed assets
€56k▲ 397%
Current assets
€135k▲ 0.4%
Equity and liabilities €191k
Equity
€28k▼ 49.3%
Debt
€163k▲ 80.9%
The debt ratio rises from 61.7% to 85.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€28k▼
2023 · €56k
Cash flow
€21k▼
2023 · €40k
Solvency
14.8%▼
2023 · 38.3%
Current ratio
1.02▼
2023 · 1.50
Quick ratio
0.96▼
2023 · 1.28
Debt / equity
5.74▲
2023 · 1.61
ROE
27.5%▼
2023 · 63.7%
ROA
4.1%▼
2023 · 24.4%
Interest coverage
7.36▼
2023 · 43.56
Debt
€163k▲
2023 · €90k
Debt ≤ 1 year
€132k▲
2023 · €90k
Debt > 1 year
€31k
Income taxes
€4k▼
2023 · €14k
Staff costs
€58k▲
2023 · €54k
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€146k€191k▲
Fixed assets21/28€11k€56k▲
Tangible fixed assets22/27€11k€56k▲
Plant, machinery and equipment23€10k€7k▼
Furniture and vehicles24€1k€49k▲
Financial fixed assets28€106€106=
Current assets29/58€134k€135k▲
Stocks and contracts in progress3€20k€8k▼
Stocks30/36€20k€8k▼
Amounts receivable within one year40/41€56k€96k▲
Trade receivables40€24k€90k▲
Other amounts receivable41€32k€6k▼
Cash at bank and in hand54/58€59k€28k▼
Deferred charges and accrued income490/1€254€4k▲
Equity and liabilities
Total equity and liabilities10/49€146k€191k▲
Equity10/15€56k€28k▼
Contributions10/11€6k€6k=
Reserves13€21k€21k=
Distributable reserves133€21k€21k=
Profit (loss) carried forward14€29k€1k▼
Amounts payable17/49€90k€163k▲
Amounts payable after more than one year17-€31k
Financial debts170/4-€31k
Amounts payable within one year42/48€90k€132k▲
Current portion of amounts payable after more than one year42-€8k
Trade debts44€60k€56k▼
Suppliers440/4€60k€56k▼
Taxes, remuneration and social security45€20k€23k▲
Taxes450/3€14k€18k▲
Remuneration and social security454/9€5k€5k▲
Other amounts payable47/48€10k€44k▲
Income statement
Code20232024
Remuneration, social security and pensions62€54k€58k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€13k▲
Other operating charges640/8€3k€7k▲
Gross operating margin9900€113k€93k▼
Operating profit (loss)9901€51k€15k▼
Financial income75/76B€253-
Recurring financial income75€253-
Financial charges65/66B€1k€4k▲
Recurring financial charges65€1k€4k▲
Profit (loss) for the period before taxes9903€50k€11k▼
Income taxes67/77€14k€4k▼
Profit (loss) for the period9904€36k€8k▼
Profit (loss) for the period to be appropriated9905€36k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€37k▼
Profit (loss) brought forward from the previous period14P€3k€29k▲
Profit to be distributed694/7€10k€35k▲
Return on contributions (dividend)694€10k€35k▲
The notes to these accounts (9 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
11-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 42 days late
2023
31-12
Financial
Highest result since 2018net €36k ▲99.5%
Operating result €51k, net result €36k, both a record.
13-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 74 days late
2022
31-12
Financial
Back to profitnet €18k
Net result €18k after 2 loss-making years.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
08-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 130 days late
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Hamois · 1 establishment unit since 2018
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.
Rue de Miécret, Achet 785362 HamoisGround area
1,225 m²
Parcel 91002B0165/00R002, Wallonia. Linked by address, not a title deed.
1 establishment unit
TOUSSELEC
since 20182.271.507.990
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91002B0165/00R002 | Wallonia | 1,225 m² | - | - |
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.
Similar companies · same sector, comparable size
TECHNIC INSTALL
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BE 0805.687.443
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SERVICES AND IMAGING CORPORATION
BE 0754.675.539
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LIGNES ET COURBES EXPERIENCES
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Ferrières · Eq €28k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 7,889 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-12-2017
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43230Insulation installation
43291Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
46643Wholesale of electrical equipment, including installation materials
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:tousselec@gmail.com
Phone:0494/77.48.92