Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
Tegelbedrijf Frans Torfs from Aartselaar, company number BE0403795261, closed financial year 2026 with a result of € -15,571 after tax. For that financial year Tegelbedrijf Frans Torfs recorded a gross margin of € 685,847 and equity of € 1.3 million. Compared with financial year 2025, the result moved from € -66,521 to € -15,571. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 21, 2026.
€ 1.3 million
▼ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,571
▲ 77 % less loss than in 2025
Profit after tax over the fiscal year.
€ 96,048
▲ 109% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.1 million.
People and assets in 2026
6.4
▼ 0.3 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 505,912
▲ 2% vs 2025
€ 79,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 235,992
▼ 4% vs 2025
Of which on lease € 185,602.
Debts at end 2026
€ 849,361
▼ 18% vs 2025
€ 195,368 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 682,164
▲ 23% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 126,244
▼ 14% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 933,556 | € 647,416 | € 640,585 | € 685,847 | ▲ 7% |
| Profit after taxes | € 186,397 | € -73,836 | € -66,521 | € -15,571 | ▲ € 50,950 |
| Equity | € 1,382,515 | € 1,351,178 | € 1,284,657 | € 1,269,086 | ▼ 1% |
| Total debts | € 2,137,929 | € 1,952,481 | € 1,801,027 | € 1,717,795 | ▼ 5% |
| Cash | € 157,072 | € 74,480 | € 46,039 | € 96,048 | ▲ 109% |
| Land & buildings | € 1,372,300 | € 1,300,264 | € 1,232,183 | € 1,164,103 | ▼ 6% |
| Retained profit | € 1,197,515 | € 1,166,178 | € 1,099,657 | € 1,084,086 | ▼ 1% |
| Bank debt | € 1,152,642 | € 1,296,844 | € 1,035,888 | € 849,361 | ▼ 18% |
| Balance sheet total | € 3,562,944 | € 3,303,659 | € 3,085,684 | € 2,986,881 | ▼ 3% |
| Employees (FTE) | 7.2 | 7 | 6.7 | 6.4 | ▼ 0.3 |
Key figures of Tegelbedrijf Frans Torfs, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Tegelbedrijf Frans Torfs?
What happened at Tegelbedrijf Frans Torfs in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 15,571. Source: NBB ↗
- Suzy Engelen became a director. NBB
- Dirk Torfs became a director. NBB
- New establishment in Aartselaar. KBO
- Start of the company according to the CBE. KBO
In short
From € 186,397 profit in 2023 to € 15,571 loss in 2026.
Paid € 45,992 in corporate taxes since 2023.
Best year ever: 2023, with € 186,397 profit.
On average € 107,200 of value added per employee in 2026.
Management
Behind Tegelbedrijf Frans Torfs are Suzy Engelen and Dirk Torfs. Dirk Torfs is also behind EMSUDIT.
Directors
According to the 2026 annual accounts
Suzy Engelen
Bestuurder
since 2012
since 2000
Establishments
Establishment units
Physical locations of this company
Boomsesteenweg 5-7
2630 Aartselaar
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
Website info
Features
Security
Details
- Company number
- 0403.795.261
- VAT number
- BE 0403.795.261
- Registered office
- Boomsesteenweg 5-7, 2630 Aartselaar
- Names & denominations
- Tegelbedrijf Frans Torfs
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 1968
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- torfstegels.be
- Activities · NACE
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