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TREETOYSCO

Active
Private limited company·Detailhandel in spellen en speelgoed· 4 yrs active
Rue du Bosquet 31 ·1400 Nivelles, Belgium
KBO/BCE: BE 0782.962.026
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Age4 yrs
Real estate2 parcels · 9.6 ha

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of TREETOYSCO is 2.9% (moderate). The 2024 annual accounts show equity of €35k and a net result of €-5k. Its solvency ranks better than 55% of 873 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.9% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence
Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 16 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-08-2025, 13 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.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 13-08-2025 13 d late 2025-00376994
31-12-2023 31-07-2024 07-08-2024 7 d late 2024-00336361

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-5k+90.8%
Working capital€62k-28.2%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 13-08-2025 with the NBB · fiscal year 2024 · volledig
€-60k€-40k€-20k€0Operating result 2023: €-53k€-53kNet result 2023: €-59k€-59kOperating result 2024: €-3k€-3kNet result 2024: €-5k€-5k20232024
Operating resultNet result
Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 20.6% 17.2%
better than 55% of 873 sector peers
Net result €-5k €14k
better than 30% of 874 sector peers
Equity €35k €99k
better than 36% of 875 sector peers
Gross operating margin €70k €213k
better than 26% of 801 sector peers
Staff costs €72k €221k
higher than 21% of 721 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-2k
+96.2% 23-24
Net profit
€-5k
+90.8% 23-24
Cash flow
€-4k
+93.1% 23-24
Total assets
€171k
-20.9% 23-24
Equity
€35k
-13.3% 23-24
Working capital
€62k
-28.2% 23-24
Employees (FTE)
2
-45.2% 23-24
Staff costs
€72k
-30.6% 23-24
Show 10 other metrics
Debt
€136k
-22.6% 23-24
Debt ≤ 1y
€103k
-15.9% 23-24
Debt > 1y
€33k
-37.8% 23-24
Current ratio
1.60
-6.0% 23-24
Quick ratio
0.50
-37.3% 23-24
Solvency
20.6%
+9.5% 23-24
Debt / equity
3.85
-10.7% 23-24
ROE
-15.4%
+89.4% 23-24
ROA
-3.2%
+88.4% 23-24
Interest coverage
-0.42
+94.7% 23-24
Figures by fiscal year
Fiscal year2024
Depositvolledig
Revenue-
EBITDA€-2k
Net profit€-5k
Cash flow€-4k
Staff costs€72k
Income taxes-
Dividends-
Total assets€171k
Equity€35k
Debt€136k
of which ≤ 1y€103k
of which > 1y€33k
Working capital€62k
Employees (FTE)1.7
Ratios (computed)
2024
Current ratio1.60
Quick ratio0.50
Working capital ratio35.9%
Solvency20.6%
Debt / equity3.85
Long-term debt ratio0.94
Interest coverage-0.42
Gross margin-
Net margin-
ROA-3.2%
ROE-15.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€171k
Fixed assets 21/28€7k
Tangible fixed assets 22/27€5k
Financial fixed assets 28€2k
Current assets 29/58€165k
Stocks & contracts in progress 3€113k
Amounts receivable within one year 40/41€23k
Cash & bank 54/58€29k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€171k
Equity 10/15€35k
Contributions / capital 10/11€100k
Accumulated profits (losses) 14€-65k
Amounts payable 17/49€136k
Amounts payable after one year 17€33k
Amounts payable within one year 42/48€103k
Trade debts payable within one year 44€51k
Income statement
Gross operating margin 9900€70k
Operating result 9901€-3k
Financial income 75€3k
Financial charges 65€5k
Result before taxes 9903€-5k
Net result for the period 9904€-5k
Result to be appropriated 9905€-5k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
30 / 100 Weak
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

1 director
Former directors (1)
  • Patrice Van Donghen
    Director
    State Gazette act 23030815 (02-03-2023)
    Former
    - → 31-01-2023
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Detailhandel in spellen en speelgoed(47640)
Legal form Private limited company(610)
Incorporation08-03-2022
StatusActive
Postal code1400

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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 du Bosquet 311400 Nivelles

Establishment units

1 location
TREETOYSCO
Rue de la Franco-Belge(L.L) 228, 7100 La LouvièreDetailhandel in spellen en speelgoed in gespecialiseerde winkels
since 20222.328.645.445
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area9.6 ha
Buildings2
Building footprint2.8 ha
Volume (LiDAR)184,570 m³
Tallest building11.1 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55022A0355/00L010 Wallonia 9.3 ha 1 · 2.6 ha 11.1 m · 2 fl.
25099D0046/00D002 Wallonia 3,070 m² 1 · 1,352 m² 5.6 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts
All acts · 1 updated 3 years ago
2023
02-03-2023 Patrice Van Donghen resigns as director Director changes
  • Patrice Van Donghen, Bestuurder

Analysis

Financial profile

5 of 5 axes measured
Health30Profitability0Solvency39Growth58Stability94
44 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 30
Profitability 0
Solvency 39
Growth 58
Stability 94

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 200 of the 2,085 companies in this sector. 170 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Detailhandel in spellen en speelgoed47640Detailhandel in spellen en speelgoed in gespecialiseerde winkels47650Overige niet-gespecialiseerde detailhandel47120Detailhandel via postorderbedrijven of via internet47910
Primary activity highlighted.
Names & trade names
Legal nameFR TREETOYSCO
Registered office
Rue du Bosquet 31
1400 Nivelles, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.