TOO
ActiveSummary
TOO has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €235k and a net result of €192k. Equity is growing by ~29.4% per year across the filed fiscal years. Its solvency ranks better than 92% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 15.85 against 22.8 in 2023; short-term debt: 6.1% and cash: 69.8% of total assets), and 6.6% of the assets are financed with debt.
Credit check 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
93.4%
Return on assets
76.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
42 d early
2022
40 d early
2021
38 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€235k▼ 20.7%
2023 · €297k
2021: €79klowest in 4 years
2022: €126k▲ +59.8% vs 2021
2023: €297k▲ +135% vs 2022highest in 4 years
2024: €235k▼ -20.7% vs 2023
2021 → 2024
Total assets
€252k▼ 20.1%
2023 · €315k
2021: €123klowest in 4 years
2022: €142k▲ +15.5% vs 2021
2023: €315k▲ +121% vs 2022highest in 4 years
2024: €252k▼ -20.1% vs 2023
2021 → 2024
Net result
€192k▲ 12.5%
2023 · €170k
2021: €67k
2022: €47k▼ -28.9% vs 2021lowest in 4 years
2023: €170k▲ +260% vs 2022
2024: €192k▲ +12.5% vs 2023highest in 4 years
2021 → 2024
Working capital
€229k▼ 21.0%
2023 · €290k
2021: €105klowest in 4 years
2022: €121k▲ +15.4% vs 2021
2023: €290k▲ +140% vs 2022highest in 4 years
2024: €229k▼ -21.0% vs 2023
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€79k-€126k▲ 59.8%€297k▲ 135%€235k▼ 20.7%
2021: €79klowest in 4 years
2022: €126k▲ +59.8% vs 2021
2023: €297k▲ +135% vs 2022highest in 4 years
2024: €235k▼ -20.7% vs 2023
Operating result€86k-€63k▼ 27.3%€225k▲ 260%€257k▲ 13.9%
2021: €86k
2022: €63k▼ -27.3% vs 2021lowest in 4 years
2023: €225k▲ +260% vs 2022
2024: €257k▲ +13.9% vs 2023highest in 4 years
Net result€67k-€47k▼ 28.9%€170k▲ 260%€192k▲ 12.5%
2021: €67k
2022: €47k▼ -28.9% vs 2021lowest in 4 years
2023: €170k▲ +260% vs 2022
2024: €192k▲ +12.5% vs 2023highest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 14% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €252k
Fixed assets
€7k ▼ 37.3%
Current assets
€245k ▼ 19.4%
Equity and liabilities €252k
Equity
€235k ▼ 20.7%
Debt
€17k ▼ 9.0%
Debt's share of the balance-sheet total rises from 5.8% to 6.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€261k▲
2023 · €228k
Cash flow
€196k▲
2023 · €173k
Current ratio
15.85▼
2023 · 22.80
Debt to equity
0.07▲
2023 · 0.06
ROE
81.5%▲
2023 · 57.4%
ROA
76.1%▲
2023 · 54.1%
Interest coverage
211.33▼
2023 · 275.92
Debt ≤ 1 year
€15k▲
2023 · €13k
Income taxes
€65k▲
2023 · €54k
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 · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€315k€252k▼
Fixed assets21/28€12k€7k▼
Tangible fixed assets22/27€12k€7k▼
Furniture and vehicles24€12k€7k▼
Current assets29/58€303k€245k▼
Amounts receivable after more than one year29€207k€50k▼
Other amounts receivable291€207k€50k▼
Amounts receivable within one year40/41€18k€19k▲
Trade receivables40€13k€16k▲
Other amounts receivable41€5k€2k▼
Cash at bank and in hand54/58€73k€176k▲
Deferred charges and accrued income490/1€6k-
Equity and liabilities
Total equity and liabilities10/49€315k€252k▼
Equity10/15€297k€235k▼
Contributions10/11€13k€13k=
Reserves13€284k€223k▼
Distributable reserves133€284k€223k▼
Amounts payable17/49€18k€17k▼
Amounts payable within one year42/48€13k€15k▲
Trade debts44€4k€768▼
Suppliers440/4€4k€768▼
Taxes, remuneration and social security45€9k€14k▲
Taxes450/3€9k€14k▲
Other amounts payable47/48-€203
Accrued charges and deferred income492/3€5k€1k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8-€66
Gross operating margin9900€228k€261k▲
Operating profit (loss)9901€225k€257k▲
Financial income75/76B€156€1k▲
Recurring financial income75€156€1k▲
Financial charges65/66B€827€1k▲
Recurring financial charges65€827€1k▲
Profit (loss) for the period before taxes9903€225k€257k▲
Income taxes67/77€54k€65k▲
Profit (loss) for the period9904€170k€192k▲
Profit (loss) for the period to be appropriated9905€170k€192k▲
Appropriation of the result
Profit (loss) to be appropriated9906€170k€192k▲
Transfer from equity791/2-€218k
Transfer to equity691/2€170k€156k▼
To other reserves6921€170k€156k▼
Profit to be distributed694/7-€253k
Return on contributions (dividend)694-€253k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €2k | €3k | €4k | ▲ 68.2% |
| Other operating charges640/8 | €51 | €134 | - | €66 | - |
| Gross operating margin9900 | €87k | €64k | €228k | €261k | ▲ 14.5% |
| Operating profit (loss)9901 | €86k | €63k | €225k | €257k | ▲ 13.9% |
| Financial income75/76B | €1 | €76 | €156 | €1k | ▲ 688% |
| Recurring financial income75 | €1 | €76 | €156 | €1k | ▲ 688% |
| Financial charges65/66B | €105 | €292 | €827 | €1k | ▲ 49.5% |
| Recurring financial charges65 | €105 | €292 | €827 | €1k | ▲ 49.5% |
| Profit (loss) for the period before taxes9903 | €86k | €62k | €225k | €257k | ▲ 14.2% |
| Income taxes67/77 | €19k | €15k | €54k | €65k | ▲ 19.7% |
| Profit (loss) for the period9904 | €67k | €47k | €170k | €192k | ▲ 12.5% |
| Profit (loss) for the period to be appropriated9905 | €67k | €47k | €170k | €192k | ▲ 12.5% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €123k | €142k | €315k | €252k | ▼ 20.1% |
| Fixed assets21/28 | €3k | €6k | €12k | €7k | ▼ 37.3% |
| Tangible fixed assets22/27 | €3k | €6k | €12k | €7k | ▼ 37.3% |
| Furniture and vehicles24 | €3k | €6k | €12k | €7k | ▼ 37.3% |
| Current assets29/58 | €120k | €137k | €303k | €245k | ▼ 19.4% |
| Amounts receivable after more than one year29 | - | €54k | €207k | €50k | ▼ 75.8% |
| Other amounts receivable291 | - | €54k | €207k | €50k | ▼ 75.8% |
| Amounts receivable within one year40/41 | €48k | €33k | €18k | €19k | ▲ 3.5% |
| Trade receivables40 | €48k | €30k | €13k | €16k | ▲ 25.8% |
| Other amounts receivable41 | €535 | €3k | €5k | €2k | ▼ 52.7% |
| Cash at bank and in hand54/58 | €72k | €45k | €73k | €176k | ▲ 141% |
| Deferred charges and accrued income490/1 | - | €4k | €6k | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €123k | €142k | €315k | €252k | ▼ 20.1% |
| Equity10/15 | €79k | €126k | €297k | €235k | ▼ 20.7% |
| Contributions10/11 | €13k | €13k | €13k | €13k | = |
| Reserves13 | €67k | €114k | €284k | €223k | ▼ 21.7% |
| Distributable reserves133 | €67k | €114k | €284k | €223k | ▼ 21.7% |
| Amounts payable17/49 | €44k | €16k | €18k | €17k | ▼ 9.0% |
| Amounts payable within one year42/48 | €15k | €16k | €13k | €15k | ▲ 15.9% |
| Trade debts44 | €1k | €5k | €4k | €768 | ▼ 82.2% |
| Suppliers440/4 | €1k | €5k | €4k | €768 | ▼ 82.2% |
| Taxes, remuneration and social security45 | €8k | €11k | €9k | €14k | ▲ 60.9% |
| Taxes450/3 | €8k | €11k | €9k | €14k | ▲ 60.9% |
| Other amounts payable47/48 | €6k | - | - | €203 | - |
| Accrued charges and deferred income492/3 | €29k | - | €5k | €1k | ▼ 74.3% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €67k | €47k | €170k | €192k | ▲ 12.5% |
| + Depreciation and write-downs630 | €1k | €2k | €3k | €4k | ▲ 68.2% |
| Operating cash flow (approximation) | €68k | €49k | €173k | €196k | ▲ 13.3% |
| Investment in fixed assets (approximation) | - | €-4k | €-9k | €0 | ▲ 100% |
| Change in cash | - | €-27k | €28k | €103k | ▲ 272% |
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
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €192k ▲12.5%
Operating result €257k, net result €192k, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 22.80
Current ratio from 8.59 to 22.80; short-term debt falls from €16k to €13k.
31-12
Financial
Equity above €200kEq €297k ▲135%
3 profitable years in a row build equity to €297k.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €47k ▼28.9%
Net result drops to €47k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €126k ▲59.8%
2 profitable years in a row build equity to €126k.
07-12
State Gazette act
Board meeting · Director resignation
Director appointment · Permanent representative
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Antwerpen · 1 establishment unit since 2021
Ground area
410 m²
Building footprint
151 m²
Volume, LiDAR
2,557 m³
Parcel 11810K1898/00C005, Flanders · tallest building 20.5 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
TOO
since 20212.311.662.428
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1898/00C005 | Flanders | 410 m² | 1 · 151 m² | 20.5 m · 6 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 75 EUR awarded · 75 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 75 EUR | 75 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
89450075AI7NOMV6VF58
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 39,178 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
Founded05-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.