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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
45 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
TOULINE from Brussel, company number BE0450286470, closed financial year 2025 with a result of € -247,020 after tax. For that financial year TOULINE recorded a gross margin of € 107,978 and equity of € -1.2 million. Compared with financial year 2024, the result moved from € -239,985 to € -247,020. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ -1.2 million
▲ € 17,910 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -247,020
▼ 3 % more loss than in 2024
Profit after tax over the fiscal year.
€ 252,363
▲ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.2 million.
People and assets in 2025
€ 104,362
▲ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 291,975
▼ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.2 million
▲ 6% vs 2024
Loans from banks and other lenders, long and short.
€ 15,574
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,676
▲ 34% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 146,491 | € 75,899 | € 14,565 | € 107,978 | ▲ € 93,413 |
| Profit after taxes | € -163,777 | € -226,837 | € -239,985 | € -247,020 | ▼ € 7,036 |
| Equity | € -716,133 | € -942,970 | € -1,182,954 | € -1,165,044 | ▲ € 17,910 |
| Total debts | € 2,941,176 | € 3,088,374 | € 3,869,784 | € 4,260,479 | ▲ 10% |
| Cash | € 133,699 | € 148,832 | € 187,520 | € 252,363 | ▲ 35% |
| Land & buildings | € 1,477,216 | € 1,428,268 | € 1,649,716 | € 1,683,454 | ▲ 2% |
| Retained profit | € -2,778,253 | € -3,005,090 | € -3,245,074 | € -3,227,164 | ▲ € 17,910 |
| Bank debt | € 2,134,521 | € 2,155,578 | € 3,009,642 | € 3,193,345 | ▲ 6% |
| Balance sheet total | € 2,225,043 | € 2,145,405 | € 2,686,830 | € 3,095,435 | ▲ 15% |
Key figures of TOULINE, 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 TOULINE?
What happened at TOULINE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 247,020. filed late Source: NBB ↗
- François VERMER became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 163,777 loss in 2022 to € 247,020 loss in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
François VERMER
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Louizalaan 486
1050 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 45 companies are registered at this address.
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€ 31,565 gross margin · 2024
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€ -38,942 gross margin · 2025
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€ 15,933 gross margin · 2024
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0450.286.470
- VAT number
- BE 0450.286.470
- Registered office
- Louizalaan 486, 1050 Brussel
- Names & denominations
- TOULINE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 June 1993
- Peppol
- Not registered