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Torus Capital

Active
Limited partnership· 6 yrs active
Achterstraat(HA) 35 ·9450 Haaltert, Belgium
KBO/BCE: BE 0750.751.393
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age6 yrs
Connections1

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Torus Capital is 0.8% (low). The 2024 annual accounts show equity of €6.97M and a net result of €-1.60M. Equity is growing by ~21.1% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

1 signal · with evidence
Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 13 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 24-06-2025 37 d early 2025-00174817
31-12-2023 31-07-2024 18-06-2024 43 d early 2024-00165432
31-12-2022 31-07-2023 14-09-2023 45 d late 2023-00449050
31-12-2021 31-07-2022 29-08-2022 29 d late 2022-20420186

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.8% Low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form No NACE activity registered +Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-1.60M-2408.0%
Working capital€199k-58.4%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 24-06-2025 with the NBB · fiscal year 2024 · verkort
€-2.00M€-1.50M€-1.00M€-500k€0Operating result 2021: €-85k€-85kNet result 2021: €-82k€-82kOperating result 2022: €-53k€-53kNet result 2022: €-54k€-54kOperating result 2023: €-64k€-64kNet result 2023: €-64k€-64kOperating result 2024: €-105k€-105kNet result 2024: €-1.60M€-1.60M2021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~21.1%/year over 4 fiscal years, indicative, assuming unchanged policy.
€2.50M€5.00M€7.50M€10.00M€12.50M2025: €9.56M (€8.91M - €10.22M)2026: €10.91M (€9.87M - €11.95M)2027: €12.25M (€10.82M - €13.68M)2021: €4.01M2022: €5.72M2023: €7.42M2024: €6.97M2021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Net profit
€-1.60M
-2408.0% 21-24
Total assets
€7.03M
-6.7% 21-24
Equity
€6.97M
-6.0% 21-24
Working capital
€199k
-58.4% 21-24
Employees (FTE)
0
- 21-24
Debt
€52k
-55.0% 21-24
Debt ≤ 1y
€52k
-55.0% 21-24
Current ratio
4.81
-6.1% 21-24
Quick ratio
4.81
-6.1% 21-24
Solvency
99.3%
+0.8% 21-24
Debt / equity
0.01
-52.1% 21-24
ROE
-23.0%
-2567.4% 21-24
ROA
-22.8%
-2589.0% 21-24
Figures by fiscal year
Fiscal year2024
Depositverkort
Revenue-
EBITDA-
Net profit€-1.60M
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€7.03M
Equity€6.97M
Debt€52k
of which ≤ 1y€52k
of which > 1y-
Working capital€199k
Employees (FTE)0.0
Ratios (computed)
2024
Current ratio4.81
Quick ratio4.81
Working capital ratio2.8%
Solvency99.3%
Debt / equity0.01
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-22.8%
ROE-23.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€7.03M
Fixed assets 21/28€6.78M
Financial fixed assets 28€6.78M
Current assets 29/58€251k
Cash & bank 54/58€251k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€7.03M
Equity 10/15€6.97M
Contributions / capital 10/11€8.78M
Accumulated profits (losses) 14€-1.80M
Amounts payable 17/49€52k
Amounts payable within one year 42/48€52k
Trade debts payable within one year 44€26k
Income statement
Gross operating margin 9900€-104k
Operating result 9901€-105k
Financial charges 65€382
Result before taxes 9903€-1.60M
Net result for the period 9904€-1.60M
Result to be appropriated 9905€-1.60M
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
62 / 100 Healthy
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

No directors on record

No directors or mandates are on record for this company in the CBE. Not every legal form publishes directors; if they appear in the Belgian State Gazette later, they show up here automatically.

Statutory auditor

1 auditor
Statutory auditor IRE/IBR number Tenure
Finvision Bedrijfsrevisoren Antwerpen BVCurrent
Statutory auditor · represented by Karel Nijs
- 30-12-2024 → present
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary -
Legal form Limited partnership(612)
Incorporation16-07-2020
StatusActive
Postal code9450

Structure & network

Connections & network

1 connected company
Group structure
ZIGGU
We sit on their board · 1 location
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Ownership & control

1 party
Torus CapitalBE 0750.751.393
controls
Where this company holds controlthis company sits on their board1
1 location

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap

Establishment units

1 location
Achterstraat(HA) 35, 9450 Haaltert
Beleggingstrusts en -fondsen en vergelijkbare financiële instellingen
since 20202.310.453.985
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area840 m²
Buildings1
Building footprint173 m²
Volume (LiDAR)1,090 m³
Tallest building10.5 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41024A1617/00F002 Flanders 840 m² 1 · 173 m² 10.5 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

16 acts
Capital history · 13
19-11-2025
v3.2
27-08-2025
v3.2
16-07-2025
v3.2
07-02-2025
v3.2
24-08-2023
v3.2
22-12-2022
v3.2
28-10-2022
v3.2
25-05-2022
v3.2
13-12-2021
v3.2
06-09-2021
v3.2
06-01-2021
v3.2
15-12-2020
v3.2
08-12-2020
v3.2
All acts · 16 updated 8 months ago
2025
19-11-2025 Capital increase of €1,745,000 to €11,866,800 Capital & shares
  • €10.121.800 → €11.866.800
Summary: v3.2
27-08-2025 Capital increase of €30,500 to €10,121,800 Capital & shares
  • €10.091.300 → €10.121.800
Summary: v3.2
16-07-2025 Capital increase of €878,000 to €10,091,300 Capital & shares
  • €9.213.300 → €10.091.300
Summary: v3.2
07-02-2025 Capital increase of €376,800 to €9,213,300 Capital & shares
  • €8.836.500 → €9.213.300
Summary: v3.2
2024
30-12-2024 Karel Nijs reappointed as statutory auditor Director changes
  • Karel Nijs, Commissaris
Summary: v3.2
12-09-2024 Publication in the Belgian Official Gazette, Miscellaneous Miscellaneous·Tom Holvoet
Summary: Conversion legal formNotary: Tom Holvoet · AntwerpenFirm: Notariaat Holvoet, F&T notarisvennootschap
2023
24-08-2023 Capital increase of €1,720,700 to €7,676,500 Capital & shares
  • €5.955.800 → €7.676.500
Summary: v3.2
2022
22-12-2022 Capital increase of €265,900 to €5,955,800 Capital & shares
  • €5.689.900 → €5.955.800
Summary: v3.2
28-10-2022 Capital increase of €618,500 to €5,689,900 Capital & shares
  • €5.071.400 → €5.689.900
Summary: v3.2
25-05-2022 Capital increase of €910,500 to €5,071,400 Capital & shares
  • €4.160.900 → €5.071.400
Summary: v3.2
2021
13-12-2021 Capital increase of €521,700 to €4,160,900 Capital & shares
  • €3.639.200 → €4.160.900
Summary: v3.2
06-09-2021 Capital increase of €1,424,800 to €3,639,200 Capital & shares
  • €2.214.400 → €3.639.200
Summary: v3.2
06-01-2021 Capital increase of €210,000 to €2,214,400 Capital & shares
  • €2.004.400 → €2.214.400
Summary: v3.2
2020
15-12-2020 Capital increase of €134,300 to €2,004,400 Capital & shares
  • €1.870.100 → €2.004.400
Summary: v3.2
08-12-2020 Capital increase of €1,370,100 to €1,870,100 Capital & shares
  • €500.000 → €1.870.100
Summary: v3.2
20-07-2020 Incorporation of a new Comm.VA Incorporation
Summary: oprichting

Analysis

Snowflake analysis

financial profile on 5 axes
Health62Profitability0Solvency100Growth52Stability100
63 / 100

Strong profile, led by solvency.

All 5 axes are computed from data Checked has read.

Health 62
Profitability 0
Solvency 100
Growth 52
Stability 100

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameNL Torus Capital
Registered office
Achterstraat(HA) 35
9450 Haaltert, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.