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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Legal situation KBO
Heropening van de vereffening according to the CBE.
Financials
Financial year 2025
TOVACO from Nazareth-De Pinte, company number BE0883701177, closed financial year 2025 with a result of € -101,966 after tax. For that financial year TOVACO recorded a gross margin of € 6,397 and equity of € 455,734. Compared with financial year 2024, the result moved from € -50,877 to € -101,966. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 2, 2025.
€ 455,734
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -101,966
▼ 100 % more loss than in 2024
Profit after tax over the fiscal year.
€ 40,501
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 425,734.
People and assets in 2025
€ 34,921
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 155,672
▼ 16% vs 2024
Loans from banks and other lenders, long and short.
€ 90
▲ 119% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 75,595
▲ € 68,128 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 | € 146,730 | € 21,305 | € 11,480 | € 6,397 | ▼ 44% |
| Profit after taxes | € 87,059 | € -5,741 | € -50,877 | € -101,966 | ▼ € 51,089 |
| Equity | € 615,185 | € 609,444 | € 558,567 | € 455,734 | ▼ 18% |
| Total debts | € 447,886 | € 392,691 | € 416,190 | € 478,419 | ▲ 15% |
| Cash | € 61,729 | € 103,446 | € 51,072 | € 40,501 | ▼ 21% |
| Land & buildings | € 717,517 | € 697,796 | € 678,076 | € 658,731 | ▼ 3% |
| Retained profit | € 585,185 | € 579,444 | € 528,567 | € 425,734 | ▼ 19% |
| Dividend | € 0 | € 0 | € 0 | € 867 | |
| Bank debt | € 267,269 | € 253,262 | € 185,856 | € 155,672 | ▼ 16% |
| Balance sheet total | € 1,063,071 | € 1,002,135 | € 974,756 | € 934,153 | ▼ 4% |
Key figures of TOVACO, 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 October 2026.
What happened to TOVACO?
What happened at TOVACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
TOVACO is active according to the CBE. Legal situation: Heropening van de vereffening.
- Annual accounts for financial year 2019 filed with the National Bank. filed late Source: NBB ↗
- Patricia Vandenberge became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 87,059 profit in 2022 to € 101,966 loss in 2025.
Paid € 98,107 in corporate taxes since 2022.
Best year ever: 2022, with € 87,059 profit.
Paid out € 867 in dividends to the owners in total.
Management
Behind TOVACO is Patricia Vandenberge.
Directors
According to the 2025 annual accounts
Patricia Vandenberge
Liquidator
since 2025
Establishments
Establishment units
Physical locations of this company
Mieregoed 4 box B
9840 Nazareth-De Pinte
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
- 0883.701.177
- VAT number
- BE 0883.701.177
- Registered office
- Mieregoed 4 bus B, 9840 Nazareth-De Pinte
- Names & denominations
- TOVACO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Heropening van de vereffening
- Start date
- 19 September 2006
- Peppol
- Not registered