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 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TOKU-E EU from Gent, company number BE0537556182, closed financial year 2025 with a result of € -495,641 after tax. For that financial year TOKU-E EU recorded a gross margin of € 985,939 and equity of € 85,759. Compared with financial year 2024, the result moved from € -220,528 to € -495,641. The company made a loss. The buffer shrank hard: equity is 85 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 85,759
▼ 85% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -495,641
▼ 125 % more loss than in 2024
Profit after tax over the fiscal year.
€ 44,264
▼ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.5 million.
People and assets in 2025
11.8
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 19% vs 2024
€ 95,500 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.
€ 37,590
▼ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.6 million
▼ 14% vs 2024
€ 118,165 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 1.3 million
▲ 126% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 112,181
▲ 23% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 962,964 | € 1,098,617 | € 1,056,443 | € 985,939 | ▼ 7% |
| Profit after taxes | € 422,345 | € 209,180 | € -220,528 | € -495,641 | ▼ € 275,113 |
| Equity | € 592,748 | € 801,928 | € 581,400 | € 85,759 | ▼ 85% |
| Total debts | € 3,423,294 | € 3,511,258 | € 3,314,770 | € 4,117,614 | ▲ 24% |
| Cash | € 229,340 | € 169,302 | € 58,765 | € 44,264 | ▼ 25% |
| Land & buildings | € 2,814,949 | € 2,706,791 | € 2,598,633 | € 2,490,474 | ▼ 4% |
| Retained profit | € -2,969,752 | € -2,760,572 | € -2,981,100 | € -3,476,741 | ▼ € 495,641 |
| Bank debt | € 2,123,501 | € 2,015,498 | € 1,904,209 | € 1,639,534 | ▼ 14% |
| Balance sheet total | € 4,016,042 | € 4,313,186 | € 3,896,170 | € 4,203,373 | ▲ 8% |
| Employees (FTE) | 5.8 | 8.5 | 10.7 | 11.8 | ▲ 1.1 |
Key figures of TOKU-E EU, 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 TOKU-E EU?
What happened at TOKU-E EU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Annelies Van Cappellen stepped down as director. NBB
- Plant Bio Technologies NV stepped down as director. NBB
- Pan Qiubao stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 495,641. filed late Source: NBB ↗
- Annelies Van Cappellen became a director. NBB
- Plant Bio Technologies NV became a director. NBB
- Pan Qiubao became a director. NBB
- New establishment in Gent. KBO
In short
From € 422,345 profit in 2022 to € 495,641 loss in 2025.
Paid € 6,980 in corporate taxes since 2022.
Best year ever: 2022, with € 422,345 profit.
On average € 83,600 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Annelies Van Cappellen
Director
since 2024 · until 2030
Director
since 2024 · until 2030
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Poortakkerstraat 21 box /0001
9051 Gent
Poortakkerstraat 21 box 1
9051 Gent
Active since 1 June 2015
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0537.556.182
- VAT number
- BE 0537.556.182
- Registered office
- Poortakkerstraat 21 bus /0001, 9051 Gent
- Names & denominations
- TOKU-E EU
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 August 2013
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Speur- en ontwikkelingswerk op biotechnologisch gebied
Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg
Vervaardiging van overige farmaceutische producten
Groothandel in farmaceutische en medische artikelen
Overige vormen van onderwijs
Overige dienstverlenende activiteiten op het gebied van informatie
Vervaardiging van farmaceutische grondstoffen
Overige gespecialiseerde wetenschappelijke en technische activiteiten
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