TORCA
ActiveThe computed 12-month bankruptcy probability of TORCA is 1.9% (moderate). The 2024 annual accounts show equity of €16k and a net result of €16k. Equity is shrinking by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 68% of 26048 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency79▲+30
Growth58=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.89 against 1.19 in 2023; short-term debt: 45.6% and cash: 36.2% of total assets), and 45.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
54.4%
Return on assets
54.3%
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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
33 d early
2022
42 d early
2021
41 d early
2020
37 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€16k▲ 33.8%
2023 · €12k
2020: €16k
2021: €30k
2022: €33k
2023: €12k
2020 → 2024
Total assets
€29k▼ 40.6%
2023 · €49k
2020: €25k
2021: €40k
2022: €41k
2023: €49k
2020 → 2024
Net result
€16k▲ 11.2%
2023 · €14k
2020: €11k
2021: €14k
2022: €15k
2023: €14k
2020 → 2024
Working capital
€12k▲ 66.6%
2023 · €7k
2020: €16k
2021: €31k
2022: €27k
2023: €7k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€16k-€30k▲ 85.6%€33k▲ 10.7%€12k▼ 64.2%€16k▲ 33.8%
Operating result€14k-€18k▲ 25.5%€19k▲ 10.1%€19k▼ 4.4%€20k▲ 10.1%
Net result€11k-€14k▲ 24.5%€15k▲ 9.1%€14k▼ 5.3%€16k▲ 11.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 10% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €29k
Fixed assets
€4k▼ 16.0%
Current assets
€25k▼ 43.2%
Equity and liabilities €29k
Equity
€16k▲ 33.8%
Debt
€13k▼ 64.3%
The debt ratio falls from 75.9% to 45.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21k▲
2023 · €19k
Cash flow
€16k▲
2023 · €15k
Solvency
54.4%▲
2023 · 24.1%
Current ratio
1.89▲
2023 · 1.19
Quick ratio
1.89▲
2023 · 1.19
Debt / equity
0.84▼
2023 · 3.14
ROE
99.9%▼
2023 · 120.1%
ROA
54.3%▲
2023 · 29.0%
Interest coverage
149.67▲
2023 · 140.10
Debt
€13k▼
2023 · €37k
Debt ≤ 1 year
€13k▼
2023 · €37k
Income taxes
€5k▲
2023 · €4k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€49k€29k▼
Fixed assets21/28€5k€4k▼
Intangible fixed assets21€5k€4k▼
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Current assets29/58€44k€25k▼
Amounts receivable within one year40/41€9k€13k▲
Trade receivables40€8k€11k▲
Other amounts receivable41€237€2k▲
Cash at bank and in hand54/58€35k€11k▼
Deferred charges and accrued income490/1€860€1k▲
Equity and liabilities
Total equity and liabilities10/49€49k€29k▼
Equity10/15€12k€16k▲
Contributions10/11€5k€5k=
Reserves13€7k€11k▲
Distributable reserves133€7k€11k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€37k€13k▼
Amounts payable within one year42/48€37k€13k▼
Trade debts44€0€54▲
Suppliers440/4€0€54▲
Taxes, remuneration and social security45€1k€1k▲
Taxes450/3€1k€1k▲
Other amounts payable47/48€36k€12k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€792€750▼
Other operating charges640/8€586€599▲
Gross operating margin9900€20k€22k▲
Operating profit (loss)9901€19k€20k▲
Financial income75/76B€0€78▲
Recurring financial income75€0€78▲
Financial charges65/66B€138€142▲
Recurring financial charges65€138€142▲
Profit (loss) for the period before taxes9903€18k€20k▲
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€14k€16k▲
Profit (loss) for the period to be appropriated9905€14k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€16k▲
Transfer from equity791/2€26k€12k▼
Transfer to equity691/2€5k€16k▲
To other reserves6921€5k€16k▲
Profit to be distributed694/7€35k€12k▼
Return on contributions (dividend)694€35k€12k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
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 2020net €16k ▲11.2%
Operating result €20k, net result €16k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Kasterlee · 1 establishment unit since 2020
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.
Tielensteenweg 942460 KasterleeGround area
647 m²
Building footprint
71 m²
Volume, LiDAR
440 m³
Parcel 13018F0560/00B000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TORCA
since 20202.301.501.281
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13018F0560/00B000 | Flanders | 647 m² | 1 · 71 m² | 9.7 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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Nanoskin
BE 0550.572.295
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DESEGO
BE 0758.632.347
Beringen · Eq €16k
FEE MAISON
BE 0768.539.314
Namur · Eq €15k
COYSMAN
BE 0694.722.512
Pittem · Eq €17k
AMALYS
BE 0870.083.466
Ukkel · Eq €17k
Of 462 companies in sector 47783 we hold annual accounts for 214. 127 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-04-2020
Fiscal year end31-12
Activities, NACEBEL
47783Retail trade
47784Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.