Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 19.5 to 16.7.
Financials
Financial year 2025
TOLEMAIL from Nivelles, company number BE0423323341, closed financial year 2025 with a result of € 45,673 after tax. For that financial year TOLEMAIL recorded a gross margin of € 719,408 and equity of € 782,427. Compared with financial year 2024, the result moved from € 24,954 to € 45,673. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 782,427
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 45,673
▲ 83% vs 2024
Profit after tax over the fiscal year.
€ 47,979
▲ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 682,427.
People and assets in 2025
16.7
▼ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 625,522
▼ 8% vs 2024
€ 37,500 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.
€ 31,194
▲ 232% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 47,650
▲ € 38,633 vs 2024
Loans from banks and other lenders, long and short.
€ 163,494
▲ 127% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 123,729
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 175,845 | € 3,922 | € 745,720 | € 719,408 | ▼ 4% |
| Profit after taxes | € -445,267 | € -842,064 | € 24,954 | € 45,673 | ▲ 83% |
| Equity | € 1,553,865 | € 711,801 | € 736,755 | € 782,427 | ▲ 6% |
| Total debts | € 293,500 | € 205,069 | € 223,784 | € 340,644 | ▲ 52% |
| Cash | € 611,589 | € 217,173 | € 28,897 | € 47,979 | ▲ 66% |
| Retained profit | € 1,453,865 | € 611,801 | € 636,755 | € 682,427 | ▲ 7% |
| Bank debt | € 39,085 | € 28,293 | € 9,017 | € 47,650 | ▲ € 38,633 |
| Balance sheet total | € 1,851,331 | € 920,836 | € 964,505 | € 1,127,038 | ▲ 17% |
| Employees (FTE) | 22.4 | 19.5 | 18.4 | 16.7 | ▼ 1.7 |
Key figures of TOLEMAIL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to TOLEMAIL?
What happened at TOLEMAIL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 45,673 (▲ 83% vs 2024). filed late Source: NBB ↗
- Frédéric Struys became a director. NBB
- Frédéric Labedzki became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Nivelles. KBO
In short
From € 445,267 loss in 2022 to € 45,673 profit in 2025.
Paid € 1,842 in corporate taxes since 2022.
Best year ever: 2025, with € 45,673 profit.
On average € 43,100 of value added per employee in 2025.
Management
Behind TOLEMAIL are Frédéric Struys and Frédéric Labedzki.
Directors
According to the 2025 annual accounts
Frédéric Struys
Managing director
since 2024
Frédéric Labedzki
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Rue de la Recherche 4
1400 Nivelles
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
OVH Mail
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0423.323.341
- VAT number
- BE 0423.323.341
- Registered office
- Rue de la Recherche 4, 1400 Nivelles
- Names & denominations
- TOLEMAIL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 1982
- Peppol
- Active · Active since 20 Nov 2020
- Contact
- tolemail.be
- Activities · NACE
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