TULEDOR
ActiveSummary
TULEDOR is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €4.32M and a net result of €-10k. Equity is shrinking by ~16.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 37% of 2399 sector peers (fiscal year 2025). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
32 d late
2023
22 d late
2022
31 d late
2021
65 d late
2020
31 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, full schema
Equity
€4.32M▼ 0.3%
2024 · €4.33M
2018: €1.27M
2019: €971k▼ -23.6% vs 2018
2020: €833k▼ -14.2% vs 2019
2021: €636k▼ -23.6% vs 2020
2022: €442k▼ -30.6% vs 2021
2023: €288k▼ -34.8% vs 2022lowest in 8 years
2024: €4.33M▲ +1404% vs 2023highest in 8 years
2025: €4.32M▼ -0.3% vs 2024
2018 → 2025
Net result
€-10k▲ 95.2%
2024 · €-204k
2018: €-80k
2019: €-300k▼ -275% vs 2018lowest in 8 years
2020: €-217k▲ +27.7% vs 2019
2021: €-196k▲ +9.5% vs 2020
2022: €-195k▲ +0.8% vs 2021
2023: €-154k▲ +21.0% vs 2022
2024: €-204k▼ -32.7% vs 2023
2025: €-10k▲ +95.2% vs 2024highest in 8 years
2018 → 2025
Total assets
€9.47M▼ 1.0%
2024 · €9.56M
2018: €6.37M
2019: €6.07M▼ -4.6% vs 2018
2020: €5.81M▼ -4.3% vs 2019
2021: €5.59M▼ -3.8% vs 2020
2022: €5.41M▼ -3.3% vs 2021
2023: €5.27M▼ -2.5% vs 2022lowest in 8 years
2024: €9.56M▲ +81.4% vs 2023highest in 8 years
2025: €9.47M▼ -1.0% vs 2024
2018 → 2025
Solvency
45.7%▲ 0.3pp
2024 · 45.3%
2018: 20.0%
2019: 16.0%▼ -19.9% vs 2018
2020: 14.3%▼ -10.4% vs 2019
2021: 11.4%▼ -20.6% vs 2020
2022: 8.2%▼ -28.2% vs 2021
2023: 5.5%▼ -33.1% vs 2022lowest in 8 years
2024: 45.3%▲ +729% vs 2023
2025: 45.7%▲ +0.7% vs 2024highest 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€636k-€442k▼ 30.6%€288k▼ 34.8%€4.33M▲ 1,404%€4.32M▼ 0.3%
2021: €636k
2022: €442k▼ -30.6% vs 2021
2023: €288k▼ -34.8% vs 2022lowest in 5 years
2024: €4.33M▲ +1404% vs 2023highest in 5 years
2025: €4.32M▼ -0.3% vs 2024
Operating result€-177k-€-143k▲ 19.4%€-97k▲ 31.6%€-187k▼ 91.5%€-154k▲ 17.6%
2021: €-177k
2022: €-143k▲ +19.4% vs 2021
2023: €-97k▲ +31.6% vs 2022highest in 5 years
2024: €-187k▼ -91.5% vs 2023lowest in 5 years
2025: €-154k▲ +17.6% vs 2024
Net result€-196k-€-195k▲ 0.8%€-154k▲ 21.0%€-204k▼ 32.7%€-10k▲ 95.2%
2021: €-196k
2022: €-195k▲ +0.8% vs 2021
2023: €-154k▲ +21.0% vs 2022
2024: €-204k▼ -32.7% vs 2023lowest in 5 years
2025: €-10k▲ +95.2% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €154k in 2025 against €187k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.47M
Fixed assets
€5.60M ▼ 3.5%
Current assets
€3.86M ▲ 2.8%
Equity and liabilities €9.47M
Equity
€4.32M ▼ 0.3%
Provisions
€316k ▼ 5.1%
Debt
€4.83M ▼ 1.4%
Debt's share of the balance-sheet total falls from 51.2% to 51.0%. Equity and debt are lower.
Key figures and ratios
ROE
-0.2%▲
2024 · -4.7%
ROA
-0.1%▲
2024 · -2.1%
Debt ≤ 1 year
€629k▲
2024 · €604k
Debt > 1 year
€3.35M▼
2024 · €3.45M
Income taxes
€558▲
2024 · €554
Staff costs
€33k▼
2024 · €35k
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 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€9.56M€9.47M▼
Fixed assets21/28€5.81M€5.60M▼
Tangible fixed assets22/27€5.52M€5.32M▼
Land and buildings22€5.44M€5.26M▼
Furniture and vehicles24€76k€63k▼
Leasing and similar rights25€6k-
Financial fixed assets28€282k€282k=
Current assets29/58€3.76M€3.86M▲
Amounts receivable within one year40/41€609k€692k▲
Trade receivables40€31k€29k▼
Other amounts receivable41€578k€662k▲
Current investments50/53€2.72M€2.76M▲
Cash at bank and in hand54/58€96k€51k▼
Deferred charges and accrued income490/1€332k€360k▲
Equity and liabilities
Total equity and liabilities10/49€9.56M€9.47M▼
Equity10/15€4.33M€4.32M▼
Contributions10/11€6.44M€6.44M=
Outside capital11€6.44M€6.44M=
Share premium1100/10€6.44M€6.44M=
Reserves13€1.04M€988k▼
Tax-exempt reserves132€998k€947k▼
Distributable reserves133€41k€41k=
Profit (loss) carried forward14€-3.14M€-3.10M▲
Provisions and deferred taxes16€333k€316k▼
Deferred taxes168€333k€316k▼
Amounts payable17/49€4.90M€4.83M▼
Amounts payable after more than one year17€3.45M€3.35M▼
Financial debts170/4€3.23M€3.14M▼
Other amounts payable178/9€216k€213k▼
Amounts payable within one year42/48€604k€629k▲
Current portion of amounts payable after more than one year42€50k€48k▼
Trade debts44€14k€7k▼
Suppliers440/4€14k€7k▼
Taxes, remuneration and social security45€11k€5k▼
Taxes450/3€6k-
Remuneration and social security454/9€5k€5k▲
Other amounts payable47/48€530k€570k▲
Accrued charges and deferred income492/3€841k€849k▲
Income statement
Code20242025
Remuneration, social security and pensions62€35k€33k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€187k€214k▲
Other operating charges640/8€43k€23k▼
Gross operating margin9900€78k€116k▲
Operating profit (loss)9901€-187k€-154k▲
Financial income75/76B€62k€215k▲
Recurring financial income75€62k€215k▲
Financial charges65/66B€96k€88k▼
Recurring financial charges65€96k€88k▼
Profit (loss) for the period before taxes9903€-221k€-26k▲
Transfer from deferred taxes780€17k€17k=
Income taxes67/77€554€558▲
Profit (loss) for the period9904€-204k€-10k▲
Transfer from tax-exempt reserves789€51k€51k=
Profit (loss) for the period to be appropriated9905€-153k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3.14M€-3.10M▲
Profit (loss) brought forward from the previous period14P€-2.99M€-3.14M▼
Profit to be distributed694/7-€2k
Directors or managers695-€2k
Social balance
Average headcount (FTE)90870.90.9=
The notes to these accounts (11 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 | €33k | €33k | €35k | €33k | ▼ 4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €192k | €162k | €160k | €187k | €214k | ▲ 14.5% |
| Other operating charges640/8 | €62k | €18k | €19k | €43k | €23k | ▼ 45.5% |
| Non-recurring operating charges66A | €6k | - | - | - | - | - |
| Gross operating margin9900 | €113k | €70k | €115k | €78k | €116k | ▲ 49.9% |
| Operating profit (loss)9901 | €-177k | €-143k | €-97k | €-187k | €-154k | ▲ 17.6% |
| Financial income75/76B | €26k | €23k | €22k | €62k | €215k | ▲ 248% |
| Recurring financial income75 | €26k | €23k | €22k | €62k | €215k | ▲ 248% |
| Financial charges65/66B | €67k | €92k | €96k | €96k | €88k | ▼ 8.4% |
| Recurring financial charges65 | €67k | €92k | €96k | €96k | €88k | ▼ 8.4% |
| Profit (loss) for the period before taxes9903 | €-218k | €-212k | €-171k | €-221k | €-26k | ▲ 88.1% |
| Transfer from deferred taxes780 | €22k | €17k | €17k | €17k | €17k | = |
| Income taxes67/77 | - | - | €319 | €554 | €558 | ▲ 0.7% |
| Profit (loss) for the period9904 | €-196k | €-195k | €-154k | €-204k | €-10k | ▲ 95.2% |
| Transfer from tax-exempt reserves789 | €65k | €51k | €51k | €51k | €51k | = |
| Profit (loss) for the period to be appropriated9905 | €-132k | €-143k | €-102k | €-153k | €42k | ▲ 127% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5.59M | €5.41M | €5.27M | €9.56M | €9.47M | ▼ 1.0% |
| Fixed assets21/28 | €4.66M | €4.50M | €4.34M | €5.81M | €5.60M | ▼ 3.5% |
| Tangible fixed assets22/27 | €4.37M | €4.21M | €4.06M | €5.52M | €5.32M | ▼ 3.7% |
| Land and buildings22 | €4.35M | €4.20M | €4.05M | €5.44M | €5.26M | ▼ 3.4% |
| Furniture and vehicles24 | €4k | - | - | €76k | €63k | ▼ 17.3% |
| Leasing and similar rights25 | €18k | €14k | €10k | €6k | - | - |
| Financial fixed assets28 | €295k | €282k | €282k | €282k | €282k | = |
| Current assets29/58 | €930k | €912k | €934k | €3.76M | €3.86M | ▲ 2.8% |
| Amounts receivable within one year40/41 | €619k | €550k | €594k | €609k | €692k | ▲ 13.5% |
| Trade receivables40 | €31k | €29k | €29k | €31k | €29k | ▼ 4.5% |
| Other amounts receivable41 | €587k | €521k | €564k | €578k | €662k | ▲ 14.5% |
| Current investments50/53 | - | - | - | €2.72M | €2.76M | ▲ 1.5% |
| Cash at bank and in hand54/58 | €590 | €86k | €39k | €96k | €51k | ▼ 47.2% |
| Deferred charges and accrued income490/1 | €310k | €276k | €302k | €332k | €360k | ▲ 8.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5.59M | €5.41M | €5.27M | €9.56M | €9.47M | ▼ 1.0% |
| Equity10/15 | €636k | €442k | €288k | €4.33M | €4.32M | ▼ 0.3% |
| Contributions10/11 | €2.19M | €2.19M | €2.19M | €6.44M | €6.44M | = |
| Capital10 | €2.19M | €2.19M | €2.19M | - | - | - |
| Issued capital100 | €2.19M | €2.19M | €2.19M | - | - | - |
| Outside capital11 | - | - | - | €6.44M | €6.44M | = |
| Share premium1100/10 | - | - | - | €6.44M | €6.44M | = |
| Reserves13 | €1.19M | €1.14M | €1.09M | €1.04M | €988k | ▼ 4.9% |
| Non-distributable reserves130/1 | €41k | €41k | €41k | - | - | - |
| Legal reserve130 | €41k | €41k | €41k | - | - | - |
| Tax-exempt reserves132 | €1.15M | €1.10M | €1.05M | €998k | €947k | ▼ 5.1% |
| Distributable reserves133 | - | - | - | €41k | €41k | = |
| Profit (loss) carried forward14 | €-2.74M | €-2.89M | €-2.99M | €-3.14M | €-3.10M | ▲ 1.2% |
| Provisions and deferred taxes16 | €384k | €367k | €350k | €333k | €316k | ▼ 5.1% |
| Deferred taxes168 | €384k | €367k | €350k | €333k | €316k | ▼ 5.1% |
| Amounts payable17/49 | €4.57M | €4.60M | €4.63M | €4.90M | €4.83M | ▼ 1.4% |
| Amounts payable after more than one year17 | €3.77M | €3.68M | €3.59M | €3.45M | €3.35M | ▼ 3.0% |
| Financial debts170/4 | €3.54M | €3.45M | €3.35M | €3.23M | €3.14M | ▼ 3.0% |
| Other amounts payable178/9 | €226k | €230k | €245k | €216k | €213k | ▼ 1.7% |
| Amounts payable within one year42/48 | €63k | €155k | €245k | €604k | €629k | ▲ 4.1% |
| Current portion of amounts payable after more than one year42 | €7k | €32k | €51k | €50k | €48k | ▼ 3.5% |
| Trade debts44 | €52k | €61k | €52k | €14k | €7k | ▼ 53.7% |
| Suppliers440/4 | €52k | €61k | €52k | €14k | €7k | ▼ 53.7% |
| Taxes, remuneration and social security45 | €4k | €4k | €5k | €11k | €5k | ▼ 56.2% |
| Taxes450/3 | - | - | €319 | €6k | - | - |
| Remuneration and social security454/9 | €4k | €4k | €4k | €5k | €5k | ▲ 0.8% |
| Other amounts payable47/48 | - | €58k | €138k | €530k | €570k | ▲ 7.6% |
| Accrued charges and deferred income492/3 | €739k | €763k | €796k | €841k | €849k | ▲ 1.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-196k | €-195k | €-154k | €-204k | €-10k | ▲ 95.2% |
| + Depreciation and write-downs630 | €192k | €162k | €160k | €187k | €214k | ▲ 14.5% |
| Operating cash flow (approximation) | €-4k | €-33k | €6k | €-17k | €204k | ▲ 1,284% |
| Investment in fixed assets (approximation) | - | €3k | €0 | €-1.66M | €-10k | ▲ 99.4% |
| Change in cash | - | €85k | €-47k | €57k | €-45k | ▼ 179% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 28 days late
2025
01-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 32 days late
2024
31-12
Financial
Equity above €2MEq €4.33M ▲1,404%
Equity rises from €288k to €4.33M.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 22 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
04-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 65 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €-300k
Net result drops to €-300k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 9current ratio 7.65
Current ratio from 0.89 to 7.65; short-term debt falls from €1.32M to €138k.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2000
Ground area
575 m²
Building footprint
189 m²
Volume, LiDAR
1,704 m³
Parcel 21673D0146/00C024, Brussels · tallest building 16.2 m, ±3 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Slotlaan 33, 1200 Sint-Lambrechts-Woluwe
since 20002.093.778.949
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21673D0146/00C024 | Brussels | 575 m² | 1 · 189 m² | 16.2 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
549300X8J48A7W03T043
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Of 24,730 companies in sector 64210 we hold annual accounts for 19,766. 8,590 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-12-1995
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.