Financials
Financial year 2025
TOLAN from Elsene, company number BE0675371507, closed financial year 2025 with a result of € 822,872 after tax. For that financial year TOLAN recorded a gross margin of € 80,369 and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 460,895 to € 822,872. 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 19, 2026.
€ 2.4 million
▲ 53% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 822,872
▲ 79% vs 2024
Profit after tax over the fiscal year.
€ 46,692
▲ 91% 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 € 2.4 million.
People and assets in 2025
€ 14,101
▼ 35% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 508,917
▼ 20% vs 2024
€ 128,285 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2,788
▲ € 2,631 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 95,898
▲ 152% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 170,102 | € -3,804 | € 151,709 | € 80,369 | ▼ 47% |
| Profit after taxes | € 436,574 | € 133,479 | € 460,895 | € 822,872 | ▲ 79% |
| Equity | € 945,187 | € 1,078,667 | € 1,539,562 | € 2,362,433 | ▲ 53% |
| Total debts | € 2,850,837 | € 2,752,204 | € 2,650,165 | € 3,244,691 | ▲ 22% |
| Cash | € 29,855 | € 17,691 | € 24,391 | € 46,692 | ▲ 91% |
| Retained profit | € 932,787 | € 1,066,267 | € 1,527,162 | € 2,350,033 | ▲ 54% |
| Bank debt | € 359,147 | € 752,980 | € 632,975 | € 508,917 | ▼ 20% |
| Balance sheet total | € 3,796,024 | € 3,830,870 | € 4,189,727 | € 5,607,125 | ▲ 34% |
Key figures of TOLAN, 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 TOLAN?
What happened at TOLAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 822,872 (▲ 79% vs 2024). filed late Source: NBB ↗
- Elvire de Nicolay became a director. NBB
- New establishment in Elsene. KBO
- Thomas Lancksweert became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 436,574 profit in 2022 to € 822,872 profit in 2025.
Paid € 172,530 in corporate taxes since 2022.
Best year ever: 2025, with € 822,872 profit.
Management
Behind TOLAN are Thomas Lancksweert and Elvire de Nicolay. It owns 46% of LVO INDUSTRIES, 15% of LVO Investment Partners and 15% of LVO Management itself.
Directors
According to the 2025 annual accounts
Thomas Lancksweert
Director
Also active at: H & L PRODUCTIONS, CENTER FOR BASIC INTERACTIVE RESEARCH IN ASSESEMENT AND AUTOMATED TESTING-CENTER VOOR FUNDAMENTEEL INTERACTIEF ONDERZOEK ASSESMENT EN TESTAUTOMATISERING, IRONTEC, MULTITASK INDUSTRIES, NOW COMPANY, CARE GROUP, LVO INDUSTRIES, CG HOLDING +9 more
since 2017
Elvire de Nicolay
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Jean-Baptiste Meunierstraat 27
1050 Elsene
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.
Details
- Company number
- 0675.371.507
- VAT number
- BE 0675.371.507
- Registered office
- Jean-Baptiste Meunierstraat 27, 1050 Elsene
- Names & denominations
- TOLAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 May 2017
- Peppol
- Active · Active since 18 Nov 2025
- Activities · NACE
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