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 4 of the last 4 fiscal years.
Financials
Financial year 2024
TOITURES JOSEPH from Sint-Lambrechts-Woluwe, company number BE0875020865, closed financial year 2024 with a result of € 30,915 after tax. For that financial year TOITURES JOSEPH recorded a gross margin of € 273,196 and equity of € -69,064. Compared with financial year 2023, the result moved from € 55,763 to € 30,915. The company is profitable. 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 September 26, 2025.
€ -69,064
▲ € 30,915 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,915
▼ 45% vs 2023
Profit after tax over the fiscal year.
€ 54,983
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -87,664.
People and assets in 2024
€ 230,103
▼ 15% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,702
▼ 62% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 24,032
▼ 47% vs 2023
Loans from banks and other lenders, long and short.
€ 100,719
▲ 16% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 180,108
▼ 18% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 135,160 | € 273,213 | € 375,036 | € 273,196 | ▼ 27% |
| Profit after taxes | € -47,793 | € 7,088 | € 55,763 | € 30,915 | ▼ 45% |
| Equity | € -162,830 | € -155,742 | € -99,979 | € -69,064 | ▲ € 30,915 |
| Total debts | € 385,754 | € 364,849 | € 528,134 | € 374,618 | ▼ 29% |
| Cash | - | € 3,547 | - | € 54,983 | |
| Retained profit | € -181,430 | € -174,342 | € -118,579 | € -87,664 | ▲ € 30,915 |
| Bank debt | € 80,344 | € 41,306 | € 45,394 | € 24,032 | ▼ 47% |
| Balance sheet total | € 222,924 | € 209,107 | € 428,155 | € 305,554 | ▼ 29% |
Key figures of TOITURES JOSEPH, 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 TOITURES JOSEPH?
What happened at TOITURES JOSEPH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 30,915 (▼ 45% vs 2023). filed late Source: NBB ↗
- JOSEPH AFSARIAN became a director. NBB
- New establishment in Sint-Lambrechts-Woluwe. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 47,793 loss in 2021 to € 30,915 profit in 2024.
Paid € 26,522 in corporate taxes since 2021.
Best year ever: 2023, with € 55,763 profit.
Management
Behind TOITURES JOSEPH is JOSEPH AFSARIAN.
Directors
According to the 2024 annual accounts
JOSEPH AFSARIAN
Manager
since 2007
Establishments
Establishment units
Physical locations of this company
Meilaan 255 box a
1200 Sint-Lambrechts-Woluwe
Meilaan 255 box A
1200 Sint-Lambrechts-Woluwe
Active since 1 August 2005
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- AFSARIAN Joseph(oprichter) 99%
- AVCI Lusi(oprichter) 1%
Details
- Company number
- 0875.020.865
- VAT number
- BE 0875.020.865
- Registered office
- Meilaan 255 bus a, 1200 Sint-Lambrechts-Woluwe
- Names & denominations
- TOITURES JOSEPH
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 July 2005
- Peppol
- Active · Active since 13 Jan 2026
- Activities · NACE
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