TOBOLA
ActiveTOBOLA has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56k and a net result of €1k. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 75% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-8
Solvency95▲+4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.7 against 2.22 in 2024; short-term debt: 28.7% and cash: 23.3% of total assets), and 29.8% 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.
−lowers risk+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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
70.2%
Return on assets
1.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-12-2025, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
40 d early
2024
78 d early
2023
26 d early
2022
39 d early
2021
35 d early
2020
32 d early
2019
32 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€56k▲ 2.1%
2024 · €55k
2019: €28k
2020: €30k
2021: €35k
2022: €37k
2023: €48k
2024: €55k
2019 → 2025
Total assets
€79k▼ 4.2%
2024 · €83k
2019: €86k
2020: €101k
2021: €85k
2022: €73k
2023: €88k
2024: €83k
2019 → 2025
Net result
€1k▼ 82.0%
2024 · €6k
2019: €4k
2020: €2k
2021: €5k
2022: €2k
2023: €11k
2024: €6k
2019 → 2025
Working capital
€39k▲ 14.5%
2024 · €34k
2019: €16k
2020: €-2k
2021: €9k
2022: €8k
2023: €20k
2024: €34k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€35k-€37k▲ 4.9%€48k▲ 29.3%€55k▲ 13.5%€56k▲ 2.1%
Operating result€9k-€4k▼ 53.6%€17k▲ 290%€11k▼ 32.5%€4k▼ 69.1%
Net result€5k-€2k▼ 65.0%€11k▲ 526%€6k▼ 40.5%€1k▼ 82.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 69% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €79k
Fixed assets
€18k▼ 16.2%
Current assets
€61k▼ 0.1%
Equity and liabilities €79k
Equity
€56k▲ 2.1%
Debt
€24k▼ 16.4%
The debt ratio falls from 34.2% to 29.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9k▼
2024 · €20k
Cash flow
€7k▼
2024 · €15k
Solvency
70.2%▲
2024 · 65.8%
Current ratio
2.70▲
2024 · 2.22
Quick ratio
2.70▲
2024 · 2.22
Debt / equity
0.43▼
2024 · 0.52
ROE
2.1%▼
2024 · 11.9%
ROA
1.5%▼
2024 · 7.8%
Interest coverage
6.03▼
2024 · 10.56
Debt
€24k▼
2024 · €28k
Debt ≤ 1 year
€23k▼
2024 · €28k
Income taxes
€955▼
2024 · €3k
Staff costs
€0▼
2024 · €806
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€83k€79k▼
Fixed assets21/28€21k€18k▼
Tangible fixed assets22/27€21k€18k▼
Plant, machinery and equipment23€17k€14k▼
Furniture and vehicles24€4k€2k▼
Other tangible fixed assets26-€2k
Financial fixed assets28€30€30=
Current assets29/58€61k€61k▼
Amounts receivable within one year40/41€27k€37k▲
Trade receivables40€24k€35k▲
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€29k€18k▼
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€83k€79k▼
Equity10/15€55k€56k▲
Contributions10/11€19k€19k=
Reserves13€36k€37k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€36k€37k▲
Amounts payable17/49€28k€24k▼
Amounts payable within one year42/48€28k€23k▼
Current portion of amounts payable after more than one year42€644€634▼
Financial debts43€9k€0▼
Credit institutions430/8€9k€0▼
Trade debts44€6k€7k▲
Suppliers440/4€6k€7k▲
Taxes, remuneration and social security45€2k€2k=
Taxes450/3€2k€2k=
Remuneration and social security454/9€0-
Other amounts payable47/48€11k€14k▲
Accrued charges and deferred income492/3€669€928▲
Income statement
Code20242025
Remuneration, social security and pensions62€806€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€6k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€22k€10k▼
Operating profit (loss)9901€11k€4k▼
Financial income75/76B€23€111▲
Recurring financial income75€23€111▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€10k€2k▼
Income taxes67/77€3k€955▼
Profit (loss) for the period9904€6k€1k▼
Profit (loss) for the period to be appropriated9905€6k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6k€1k▼
Transfer to equity691/2€6k€1k▼
To other reserves6921€6k€1k▼
The notes to these accounts (10 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
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Weakest financial yearnet €1k ▼82%
Net result drops to €1k, the lowest in the series.
2024
14-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
05-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €11k ▲526%
Operating result €17k, net result €11k, both a record.
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
27-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Herk-de-Stad · 1 establishment unit since 2006
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.
Steenweg 923540 Herk-de-StadGround area
754 m²
Building footprint
160 m²
Volume, LiDAR
764 m³
Parcel 71003B0011/00K000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Schilderwerken Tobola
since 20062.151.014.887
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71003B0011/00K000 | Flanders | 754 m² | 1 · 159 m² | 7.0 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.
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Of 7,864 companies in sector 43341 we hold annual accounts for 2,662. 2,321 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-11-2005
Fiscal year end30-06
Activities, NACEBEL
43341Painting of buildings
45441
43333Wallpapering and laying of floor and wall coverings in other materials
45433
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryWebsite:www.tobolaschilderwerken.be