Towkay
ActiveSummary
Towkay has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €536k and a net result of €284k. Equity is growing by ~96.9% per year across the filed fiscal years. Its solvency ranks better than 34% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▲+11
Solvency60▲+18
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.84 against 0.24 in 2024; short-term debt: 8.4% and cash: 5.7% of total assets), and 65.2% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34.8%
Return on assets
18.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-04-2026, 101 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
101 d early
2024
28 d early
2023
28 d early
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€536k▲ 113%
2024 · €252k
2023: €47k
2024: €252k
2023 → 2025
Total assets
€1.54M▲ 4.2%
2024 · €1.48M
2023: €1.50M
2024: €1.48M
2023 → 2025
Net result
€284k▲ 38.5%
2024 · €205k
2023: €-3k
2024: €205k
2023 → 2025
Working capital
€-21k▲ 79.3%
2024 · €-102k
2023: €-122k
2024: €-102k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€47k-€252k▲ 433%€536k▲ 113%
Operating result€30k-€6k▼ 80.0%€28k▲ 359%
Net result€-3k-€205k€284k▲ 38.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 359% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.54M
Fixed assets
€1.43M ▼ 0.9%
Current assets
€108k ▲ 229%
Equity and liabilities €1.54M
Equity
€536k ▲ 113%
Debt
€1.00M ▼ 18.1%
Debt's share of the balance-sheet total falls from 82.9% to 65.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€43k▲
2024 · €21k
Cash flow
€299k▲
2024 · €220k
Current ratio
0.84▲
2024 · 0.24
Debt to equity
1.87▼
2024 · 4.85
ROE
52.9%▼
2024 · 81.2%
ROA
18.5%▲
2024 · 13.9%
Interest coverage
0.98▲
2024 · 0.41
Debt ≤ 1 year
€129k▼
2024 · €134k
Debt > 1 year
€858k▼
2024 · €1.08M
Income taxes
€165▼
2024 · €169
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.48M€1.54M▲
Fixed assets21/28€1.44M€1.43M▼
Tangible fixed assets22/27€43k€29k▼
Furniture and vehicles24€43k€29k▼
Financial fixed assets28€1.40M€1.40M=
Current assets29/58€33k€108k▲
Amounts receivable within one year40/41€10k€19k▲
Trade receivables40€10k€19k▲
Cash at bank and in hand54/58€21k€87k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.48M€1.54M▲
Equity10/15€252k€536k▲
Contributions10/11€50k€50k=
Reserves13€202k€486k▲
Distributable reserves133€202k€486k▲
Amounts payable17/49€1.22M€1.00M▼
Amounts payable after more than one year17€1.08M€858k▼
Financial debts170/4€1.08M€858k▼
Amounts payable within one year42/48€134k€129k▼
Current portion of amounts payable after more than one year42€122k€122k=
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€10k€4k▼
Taxes450/3€10k€4k▼
Accrued charges and deferred income492/3€8k€14k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k▲
Other operating charges640/8-€1k
Gross operating margin9900€21k€44k▲
Operating profit (loss)9901€6k€28k▲
Financial income75/76B€250k€300k▲
Recurring financial income75€250k€300k▲
Financial charges65/66B€51k€44k▼
Recurring financial charges65€51k€44k▼
Profit (loss) for the period before taxes9903€205k€284k▲
Income taxes67/77€169€165▼
Profit (loss) for the period9904€205k€284k▲
Profit (loss) for the period to be appropriated9905€205k€284k▲
Appropriation of the result
Profit (loss) to be appropriated9906€202k€284k▲
Profit (loss) brought forward from the previous period14P€-3k-
Transfer to equity691/2€202k€284k▲
To other reserves6921€202k€284k▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2023net €284k ▲38.5%
Net result €284k, the highest in the series.
31-12
Financial
Equity above €500kEq €536k ▲113%
2 profitable years in a row build equity to €536k.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €205k
Net result €205k after one loss-making year.
31-12
Financial
Equity above €200kEq €252k ▲433%
Equity rises from €47k to €252k.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Leuven · 1 establishment unit since 2022
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.
Pieter Coutereelstraat 393000 LeuvenGround area
239 m²
Building footprint
127 m²
Volume, LiDAR
994 m³
Parcel 24505F0836/00T003, Flanders · tallest building 14.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Towkay
since 20222.338.400.675
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24505F0836/00T003 | Flanders | 239 m² | 1 · 127 m² | 14.4 m · 2 fl. |
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
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MICHELET CONSULT
BE 0875.641.962
Lasne · Eq €535,550
DA VINCI CONSULTING INTERNATIONAL
BE 0891.513.043
Sint-Lambrechts-Woluwe · Eq €535,533
11 advice & management
BE 0861.087.410
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 34,097 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.