Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TOUAREG from Liège, company number BE0465928909, closed financial year 2025 with a result of € -9,233 after tax. For that financial year TOUAREG recorded a gross margin of € 26,273 and equity of € -131,592. Compared with financial year 2024, the result moved from € 10,990 to € -9,233. 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 May 26, 2026.
€ -131,592
▼ € 9,233 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,233
▼ still € 10,990 profit in 2024
Profit after tax over the fiscal year.
€ 22,470
▼ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -150,184.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 32,198
▲ 30% 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 11,607
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,824
▲ 45% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 31,598 | € 36,002 | € 39,755 | € 26,273 | ▼ 34% |
| Profit after taxes | € -127 | € 9,550 | € 10,990 | € -9,233 | ▼ € 20,223 |
| Equity | € -142,899 | € -133,349 | € -122,359 | € -131,592 | ▼ € 9,233 |
| Total debts | € 183,819 | € 184,610 | € 175,027 | € 176,766 | ▲ 1% |
| Cash | € 12,366 | € 15,688 | € 24,419 | € 22,470 | ▼ 8% |
| Land & buildings | € 4,660 | € 4,105 | € 3,550 | € 2,995 | ▼ 16% |
| Retained profit | € -161,491 | € -151,941 | € -140,951 | € -150,184 | ▼ € 9,233 |
| Bank debt | € 0 | € 0 | € 61 | € 0 | ▼ 100% |
| Balance sheet total | € 40,919 | € 51,260 | € 52,668 | € 45,174 | ▼ 14% |
By gross margin, TOUAREG ranks 6th of 8 companies with main activity “Activiteiten van kuuroorden, sauna’s en stoombaden” in Liège that publish figures (fiscal year 2025).
Key figures of TOUAREG, 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.
Ask about TOUAREG the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to TOUAREG?
What happened at TOUAREG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 9,233 (▼ € 20,223 vs 2024). Source: NBB ↗
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 127 loss in 2022 to € 9,233 loss in 2025.
Best year ever: 2024, with € 10,990 profit.
Management
Behind TOUAREG is RACHIDA BOUCHAOUIR.
Directors
According to the 2025 annual accounts
RACHIDA BOUCHAOUIR
Manager
Establishments
Establishment units
Physical locations of this company
Rue Goswin 24
4000 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Similar companies in Liège
Same main activity (Activiteiten van kuuroorden, sauna’s en stoombaden), 8 active companies in Liège, largest first.
€ 258,291 gross margin · 2025
€ 119,092 gross margin · 2025
€ 66,029 gross margin · 2025
€ 50,657 gross margin · 2025
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€ -218 gross margin · 2025
Details
- Company number
- 0465.928.909
- VAT number
- BE 0465.928.909
- Registered office
- Rue Goswin 24, 4000 Liège
- Names & denominations
- TOUAREG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 April 1999
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van kuuroorden, sauna’s en stoombaden
Schoonheidsverzorging en andere schoonheidsbehandelingen
Schoonheidszorg
Sauna's, solaria, baden enz.
Schoonheidsverzorging
Detailhandel in cosmetica en toiletartikelen