Summary
Tumbaoo 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 €66,389 and a net result of €47,789. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 27% of 8211 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked 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.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 29-05-2026, 63 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
63 d early
2024
113 d early
2023
16 d early
2022
25 d early
2021
54 d early
2020
26 d early
2019
24 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 46 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
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. Usually files around 7 June (4 of the last 5 filed years within 39 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€66,389▼ 33.7%
2024 · €100,149
Net result
€47,789▼ 25.4%
2024 · €64,081
Total assets
€281,424▼ 26.6%
2024 · €383,381
Solvency
23.6%▼ 2.5pp
2024 · 26.1%
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€73,829▲ 25.7%€73,078▼ 1.0%€78,315▲ 7.2%€92,783▲ 18.5%€72,745▼ 21.6%
Net result€58,030within the sector's middle half▲ 27.2%€56,660within the sector's middle half▼ 2.4%€55,641within the sector's middle half▼ 1.8%€64,081within the sector's middle half▲ 15.2%€47,789within the sector's middle half▼ 25.4%
Equity€78,490within the sector's middle half▼ 49.4%€100,149within the sector's middle half▲ 27.6%€155,790within the sector's middle half▲ 55.6%€100,149within the sector's middle half▼ 35.7%€66,389within the sector's middle half▼ 33.7%
Total assets€101,192below the sector's middle half▼ 43.9%€163,575within the sector's middle half▲ 61.6%€333,569within the sector's middle half▲ 104%€383,381within the sector's middle half▲ 14.9%€281,424within the sector's middle half▼ 26.6%
Debt€22,702▼ 9.5%€63,426▲ 179%€177,778▲ 180%€283,231▲ 59.3%€215,035▼ 24.1%
Working capital€77,577within the sector's middle half▼ 47.9%€87,196within the sector's middle half▲ 12.4%€146,879within the sector's middle half▲ 68.4%€93,974within the sector's middle half▼ 36.0%-€31,850below the sector's middle half
Solvency77.6%above the sector's middle half▼ 8.5pp61.2%within the sector's middle half▼ 16.3pp46.7%within the sector's middle half▼ 14.5pp26.1%within the sector's middle half▼ 20.6pp23.6%within the sector's middle half▼ 2.5pp
Current ratio5.12above the sector's middle half▼ 2.132.43within the sector's middle half▼ 2.681.83within the sector's middle half▼ 0.601.33within the sector's middle half▼ 0.500.85within the sector's middle half▼ 0.48
Return on assets (ROA)57.3%above the sector's middle half▲ 32.1pp34.6%above the sector's middle half▼ 22.7pp16.7%within the sector's middle half▼ 18.0pp16.7%within the sector's middle half=17.0%within the sector's middle half▲ 0.3pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
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 2025; 2025 is 22% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €281,424
Fixed assets
€99,490 ▲ 1,190%
Current assets
€181,934 ▼ 51.6%
Equity and liabilities €281,424
Equity
€66,389 ▼ 33.7%
Debt
€215,035 ▼ 24.1%
Debt's share of the balance-sheet total rises from 73.9% to 76.4%. Equity and debt are lower.
Key figures and ratios
ROE
72.0%▲
2024 · 64.0%
Debt ≤ 1 year
€213,785▼
2024 · €281,695
Income taxes
€15,237▼
2024 · €17,439
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,054 | €1,080 | €3,343 | €2,949 | €5,348 | ▲ 81.3% |
| Other operating charges640/8 | €771 | €1,162 | €2,014 | €3,075 | €3,110 | ▲ 1.1% |
| Gross operating margin9900 | €75,653 | €75,320 | €83,672 | €98,807 | €81,203 | ▼ 17.8% |
| Operating profit (loss)9901 | €73,829 | €73,078 | €78,315 | €92,783 | €72,745 | ▼ 21.6% |
| Financial income75/76B | - | €1 | €0 | €8 | €0 | ▼ 100% |
| Recurring financial income75 | - | €1 | €0 | €8 | €0 | ▼ 100% |
| Financial charges65/66B | €523 | €355 | €5,972 | €11,271 | €9,718 | ▼ 13.8% |
| Recurring financial charges65 | €523 | €355 | €5,972 | €11,271 | €9,718 | ▼ 13.8% |
| Profit (loss) for the period before taxes9903 | €73,305 | €72,724 | €72,344 | €81,520 | €63,026 | ▼ 22.7% |
| Income taxes67/77 | €15,276 | €16,064 | €16,703 | €17,439 | €15,237 | ▼ 12.6% |
| Profit (loss) for the period9904 | €58,030 | €56,660 | €55,641 | €64,081 | €47,789 | ▼ 25.4% |
| Profit (loss) for the period to be appropriated9905 | €58,030 | €56,660 | €55,641 | €64,081 | €47,789 | ▼ 25.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €101,192 | €163,575 | €333,569 | €383,381 | €281,424 | ▼ 26.6% |
| Fixed assets21/28 | €4,762 | €15,503 | €10,660 | €7,711 | €99,490 | ▲ 1,190% |
| Tangible fixed assets22/27 | €1,462 | €14,003 | €10,660 | €7,711 | €99,490 | ▲ 1,190% |
| Plant, machinery and equipment23 | - | - | - | - | €6,020 | - |
| Furniture and vehicles24 | - | €13,160 | €10,436 | €7,711 | €93,469 | ▲ 1,112% |
| Other tangible fixed assets26 | €1,462 | €844 | €225 | €0 | - | - |
| Financial fixed assets28 | €3,300 | €1,500 | €0 | - | - | - |
| Current assets29/58 | €96,429 | €148,072 | €322,908 | €375,669 | €181,934 | ▼ 51.6% |
| Stocks and contracts in progress3 | - | €5,348 | €155,091 | €93,207 | €47,457 | ▼ 49.1% |
| Stocks30/36 | - | €5,348 | €155,091 | €93,207 | €47,457 | ▼ 49.1% |
| Amounts receivable within one year40/41 | €58,743 | €75,743 | €57,045 | €54,249 | €62,369 | ▲ 15.0% |
| Trade receivables40 | €53,636 | €59,505 | €55,609 | €53,467 | €56,722 | ▲ 6.1% |
| Other amounts receivable41 | €5,106 | €16,238 | €1,436 | €782 | €5,647 | ▲ 622% |
| Cash at bank and in hand54/58 | €37,687 | €66,115 | €109,845 | €227,244 | €71,083 | ▼ 68.7% |
| Deferred charges and accrued income490/1 | - | €865 | €928 | €970 | €1,025 | ▲ 5.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €101,192 | €163,575 | €333,569 | €383,381 | €281,424 | ▼ 26.6% |
| Equity10/15 | €78,490 | €100,149 | €155,790 | €100,149 | €66,389 | ▼ 33.7% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €59,890 | €81,549 | €137,190 | €81,549 | €47,789 | ▼ 41.4% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | €58,030 | €79,689 | €135,330 | €81,549 | €47,789 | ▼ 41.4% |
| Profit (loss) carried forward14 | - | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €22,702 | €63,426 | €177,778 | €283,231 | €215,035 | ▼ 24.1% |
| Amounts payable within one year42/48 | €18,852 | €60,876 | €176,029 | €281,695 | €213,785 | ▼ 24.1% |
| Trade debts44 | €5,118 | €9,971 | €4,644 | €22,444 | €3,614 | ▼ 83.9% |
| Suppliers440/4 | €5,118 | €9,971 | €4,644 | €22,444 | €3,614 | ▼ 83.9% |
| Taxes, remuneration and social security45 | €13,735 | €15,905 | €33,803 | €8,839 | €8,492 | ▼ 3.9% |
| Taxes450/3 | €13,735 | €15,905 | €33,803 | €8,839 | €8,492 | ▼ 3.9% |
| Other amounts payable47/48 | - | €35,000 | €137,582 | €250,413 | €201,678 | ▼ 19.5% |
| Accrued charges and deferred income492/3 | €3,850 | €2,550 | €1,749 | €1,536 | €1,250 | ▼ 18.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €58,030 | €56,660 | €55,641 | €64,081 | €47,789 | ▼ 25.4% |
| + Depreciation and write-downs630 | €1,054 | €1,080 | €3,343 | €2,949 | €5,348 | ▲ 81.3% |
| Operating cash flow (approximation) | €59,083 | €57,740 | €58,984 | €67,030 | €53,137 | ▼ 20.7% |
| Investment in fixed assets (approximation) | - | -€11,821 | €1,500 | €0 | -€97,126 | - |
| Change in cash | - | €28,428 | €43,730 | €117,400 | -€156,161 | ▼ 233% |
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
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
09-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €64,081 ▲15.2%
Operating result €92,783, net result €64,081, both a record.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150,000Eq €155,790 ▲55.6%
6 profitable years in a row build equity to €155,790.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100,000Eq €100,149 ▲27.6%
5 profitable years in a row build equity to €100,149.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150,000Eq €155,245 ▲41.6%
3 profitable years in a row build equity to €155,245.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100,000Eq €109,632 ▲73.5%
2 profitable years in a row build equity to €109,632.
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 2018
Ground area
5,382 m²
Building footprint
292 m²
Volume, LiDAR
568 m³
Parcel 31039A0433/00H000, Flanders · tallest building 8.8 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Tumbaoo
since 20182.274.349.595
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039A0433/00H000 | Flanders | 5,382 m² | 1 · 292 m² | 8.8 m |
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.
Subsidies and aid
Flemish government
2025 · 1 entry · 3,147 EUR awarded · 3,147 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,147 EUR | 3,147 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
64884QX2OKN557IW4868
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Of 24,721 companies in this sector we hold annual accounts for 19,804. 11,252 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded17-01-2018
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46713Wholesale trade
68321Property management for co-owned buildings (syndics)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0688560240
Also
9925:BE0688560240
Registered
12-02-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.