TOSCANA
ActiveThe computed 12-month bankruptcy probability of TOSCANA is 1.6% (moderate). The 2024 annual accounts show equity of €100k and a net result of €-15k. Equity is growing by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 68% of 18941 sector peers (fiscal year 2024). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability59▼-15
Solvency75▲+10
Growth52=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.22 in 2023; short-term debt: 38% and cash: 40.6% of total assets), and 50.1% 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.
−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 56
Relative position
BE, all sectors
reference
Sector 56
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
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
49.9%
Return on assets
-7.6%
Age of the figures
20 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 13-06-2025, 48 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
48 d early
2023
20 d early
2022
48 d early
2021
34 d early
2020
3 d early
2019
68 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€100k▼ 13.3%
2023 · €116k
2018: €55k
2019: €102k
2020: €93k
2021: €128k
2022: €139k
2023: €116k
2018 → 2024
Total assets
€201k▼ 29.7%
2023 · €286k
2018: €292k
2019: €324k
2020: €286k
2021: €308k
2022: €304k
2023: €286k
2018 → 2024
Net result
€-15k
2023 · €12k
2018: €49k
2019: €47k
2020: €-9k
2021: €36k
2022: €10k
2023: €12k
2018 → 2024
Working capital
€20k▼ 26.1%
2023 · €27k
2018: €-119k
2019: €5k
2020: €-5k
2021: €73k
2022: €60k
2023: €27k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€93k-€128k▲ 38.3%€139k▲ 7.9%€116k▼ 16.5%€100k▼ 13.3%
Operating result€-23k-€18k€22k▲ 24.5%€25k▲ 13.0%€-12k
Net result€-9k-€36k€10k▼ 71.3%€12k▲ 17.6%€-15k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €12k after €25k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €201k
Fixed assets
€105k▼ 25.2%
Current assets
€96k▼ 34.0%
Equity and liabilities €201k
Equity
€100k▼ 13.3%
Debt
€101k▼ 40.9%
The debt ratio falls from 59.5% to 50.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€30k▼
2023 · €74k
Cash flow
€27k▼
2023 · €61k
Solvency
49.9%▲
2023 · 40.5%
Current ratio
1.26▲
2023 · 1.22
Quick ratio
1.23▲
2023 · 1.21
Debt / equity
1.00▼
2023 · 1.47
ROE
-15.3%▼
2023 · 10.4%
ROA
-7.6%▼
2023 · 4.2%
Interest coverage
9.80▼
2023 · 13.41
Debt
€101k▼
2023 · €170k
Debt ≤ 1 year
€76k▼
2023 · €119k
Debt > 1 year
€24k▼
2023 · €51k
Staff costs
€126k▲
2023 · €105k
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€286k€201k▼
Fixed assets21/28€140k€105k▼
Tangible fixed assets22/27€140k€105k▼
Land and buildings22€120k€90k▼
Plant, machinery and equipment23€9k€12k▲
Leasing and similar rights25€12k€4k▼
Current assets29/58€146k€96k▼
Stocks and contracts in progress3€2k€2k▲
Stocks30/36€2k€2k▲
Amounts receivable within one year40/41€18k€12k▼
Trade receivables40€8k-
Other amounts receivable41€10k€12k▲
Cash at bank and in hand54/58€87k€82k▼
Deferred charges and accrued income490/1€38k-
Equity and liabilities
Total equity and liabilities10/49€286k€201k▼
Equity10/15€116k€100k▼
Contributions10/11€19k€19k=
Reserves13€97k€97k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133€97k€95k▼
Profit (loss) carried forward14-€-15k
Amounts payable17/49€170k€101k▼
Amounts payable after more than one year17€51k€24k▼
Financial debts170/4€51k€24k▼
Amounts payable within one year42/48€119k€76k▼
Current portion of amounts payable after more than one year42€34k€36k▲
Trade debts44€31k€18k▼
Suppliers440/4€31k€18k▼
Taxes, remuneration and social security45€9k€20k▲
Taxes450/3-€7k
Remuneration and social security454/9€9k€13k▲
Other amounts payable47/48€44k€3k▼
Income statement
Code20232024
Non-recurring operating income76A€21k-
Remuneration, social security and pensions62€105k€126k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€42k▼
Other operating charges640/8€5k€652▼
Gross operating margin9900€184k€156k▼
Operating profit (loss)9901€25k€-12k▼
Financial charges65/66B€6k€3k▼
Recurring financial charges65€6k€3k▼
Profit (loss) for the period before taxes9903€20k€-15k▼
Income taxes67/77€8k-
Profit (loss) for the period9904€12k€-15k▼
Profit (loss) for the period to be appropriated9905€12k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€-15k▼
Transfer from equity791/2€35k-
Transfer to equity691/2€12k-
To other reserves6921€12k-
Profit to be distributed694/7€35k-
Return on contributions (dividend)694€35k-
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
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-15k ▼228%
Net result drops to €-15k, the lowest in the series.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.28
Current ratio from 0.92 to 2.28; short-term debt falls from €70k to €57k.
31-12
Financial
Equity above €100kEq €128k ▲38.3%
Equity rises from €93k to €128k.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 1.06
Current ratio from 0.27 to 1.06; short-term debt falls from €163k to €83k.
31-12
Financial
Equity above €100kEq €102k ▲84.5%
2 profitable years in a row build equity to €102k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
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, Oostende · 1 establishment unit since 2002
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.
Langestraat 578400 OostendeGround area
104 m²
Building footprint
103 m²
Volume, LiDAR
1,181 m³
Parcel 35013A0317/00C000, Flanders · tallest building 19.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
TOSCANA
since 20022.095.684.406
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A0317/00C000 | Flanders | 104 m² | 1 · 103 m² | 19.5 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteOostende2.095.684.406
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Of 20,510 companies in sector 56111 we hold annual accounts for 11,456. 9,563 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-11-2000
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.