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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Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
22 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
TOELPA from Ingelmunster, company number BE0715967688, closed financial year 2025 with a result of € 119,279 after tax. For that financial year TOELPA recorded a gross margin of € 422,713 and equity of € 227,690. Compared with financial year 2024, the result moved from € 143,380 to € 119,279. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 227,690
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 119,279
▼ 17% vs 2024
Profit after tax over the fiscal year.
€ 153,196
▲ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 80,000 paid out
67 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
7.2
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 210,965
▲ 24% vs 2024
€ 29,300 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.
Debts at end 2025
€ 11,417
▼ 86% vs 2024
Loans from banks and other lenders, long and short.
€ 502,324
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 28,123
▲ 56% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 238,007 | € 379,708 | € 434,655 | € 422,713 | ▼ 3% |
| Profit after taxes | € -34,462 | € 43,957 | € 143,380 | € 119,279 | ▼ 17% |
| Equity | € 101,074 | € 125,031 | € 188,411 | € 227,690 | ▲ 21% |
| Total debts | € 884,181 | € 801,741 | € 781,999 | € 752,677 | ▼ 4% |
| Cash | € 7,433 | € 77,962 | € 141,775 | € 153,196 | ▲ 8% |
| Retained profit | € 1,074 | € 25,031 | € 88,411 | € 127,690 | ▲ 44% |
| Dividend | € 0 | € 20,000 | € 80,000 | € 80,000 | |
| Bank debt | € 216,627 | € 145,708 | € 80,486 | € 11,417 | ▼ 86% |
| Balance sheet total | € 985,255 | € 926,772 | € 970,410 | € 980,367 | ▲ 1% |
| Employees (FTE) | 5.4 | 5.2 | 6.1 | 7.2 | ▲ 1.1 |
Key figures of TOELPA, 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 TOELPA?
What happened at TOELPA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 119,279 (▼ 17% vs 2024). Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
- Tococo BV became a director. NBB
- Coghe Eline COMMV became a director. NBB
- Veda NV became a director. NBB
In short
From € 34,462 loss in 2022 to € 119,279 profit in 2025.
Paid € 38,547 in corporate taxes since 2022.
Best year ever: 2024, with € 143,380 profit.
On average € 58,700 of value added per employee in 2025.
Management
The stake of TOCOCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TOELPABehind TOELPA are Tococo BV, Coghe Eline COMMV and Veda NV. The shares are held by TOCOCO (30%).
Directors
According to the 2025 annual accounts
Shareholders
30%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidstraat 2A
8770 Ingelmunster
Ieperstraat 63
8700 Tielt
Active since 18 December 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
All companies at this address →BEST same network
€ 1.1 million gross margin · 2025
WILMAR same network
€ 100,366 gross margin · 2025
UNICOL same network
€ 522,108 gross margin · 2025
LENDAL same network
€ 1.8 million gross margin · 2025
Theuco same network
€ 1.1 million gross margin · 2025
+17 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0715.967.688
- VAT number
- BE 0715.967.688
- Registered office
- Nijverheidstraat 2A, 8770 Ingelmunster
- Names & denominations
- TOELPA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2018
- Peppol
- Active · Active since 30 Sept 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)