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 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 13 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
TOTSPOT from Oudsbergen, company number BE0538679305, closed financial year 2024 with a result of € -750,116 after tax. For that financial year TOTSPOT recorded a gross margin of € 414,759 and equity of € -541,744. Compared with financial year 2023, the result moved from € -223,825 to € -750,116. 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 October 7, 2025.
€ -541,744
▼ € 750,116 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -750,116
▼ 235 % more loss than in 2023
Profit after tax over the fiscal year.
€ 61,973
▼ 48% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -553,744.
People and assets in 2024
21.9
▼ 7.3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 980,760
▼ 8% vs 2023
€ 44,800 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.
€ 11,431
▲ 41% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 700,645
▼ 21% vs 2023
€ 176,519 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 518,263
▲ 54% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 277,044
▼ 1% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,326,547 | € 968,710 | € 1,024,176 | € 414,759 | ▼ 60% |
| Profit after taxes | € 215,646 | € -210,222 | € -223,825 | € -750,116 | ▼ € 526,292 |
| Equity | € 698,119 | € 432,197 | € 208,373 | € -541,744 | ▼ € 750,116 |
| Total debts | € 1,757,414 | € 1,984,631 | € 1,790,892 | € 1,817,564 | ▲ 1% |
| Cash | € 333,442 | € 367,148 | € 119,885 | € 61,973 | ▼ 48% |
| Land & buildings | - | - | € 27,936 | € 26,475 | ▼ 5% |
| Retained profit | € 686,119 | € 420,197 | € 196,373 | € -553,744 | ▼ € 750,116 |
| Dividend | € 0 | € 55,700 | € 0 | € 0 | |
| Bank debt | € 861,060 | € 787,760 | € 891,599 | € 700,645 | ▼ 21% |
| Balance sheet total | € 2,455,533 | € 2,416,829 | € 1,999,265 | € 1,275,821 | ▼ 36% |
| Employees (FTE) | 26.1 | 29.2 | 29.2 | 21.9 | ▼ 7.3 |
Key figures of TOTSPOT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to TOTSPOT?
What happened at TOTSPOT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
TOTSPOT is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 750,116. filed late Source: NBB ↗
- New establishment in Oudsbergen. KBO
- New establishment in Genk. KBO
- Jan Raedschelders became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 215,646 profit in 2021 to € 750,116 loss in 2024.
Paid € 76,580 in corporate taxes since 2021.
Best year ever: 2021, with € 215,646 profit.
On average € 18,900 of value added per employee in 2024.
Management
Behind TOTSPOT is Jan Raedschelders. Jan Raedschelders is also behind NETVITS and INVENTIS.
Establishments
Establishment units
Physical locations of this company
Industrieweg-Noord 1104
3660 Oudsbergen
Hasseltweg 78
3600 Genk
Active since 17 September 2013
Industrieweg-Noord 1104 box hal A/B
3660 Oudsbergen
Active since 16 April 2021
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0538.679.305
- VAT number
- BE 0538.679.305
- Registered office
- Industrieweg-Noord 1104, 3660 Oudsbergen
- Names & denominations
- TOTSPOT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 13 September 2013
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Handelsbemiddeling in de groothandel in textiel, kleding, bont, schoeisel en lederwaren