ACTIVE

Toolforce

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Financial year 2025 · closed on 31/12/2025
Net result
15,2 k €
+200.8% YoY
Gross margin
18,3 k €
+223.5% YoY
Equity
13,5 k €
+867.1% YoY

What does Toolforce do?

Toolforce is a Private limited company incorporated in 2015. Its main activity is: Retail sale of hardware, paints and glass in specialised stores. Its registered office is in Bilzen-Hoeselt.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0630.625.605
Incorporation
13/05/2015
Legal form
Private limited company
Registered office
Tongersestraat 94
3740 Bilzen-Hoeselt · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
47525Retail sale of hardware, paints and glass in specialised stores· main47525Retail sale of hardware, paints and glass in specialised stores28240Manufacture of power-driven hand tools28240Manufacture of power-driven hand tools33110Repair of fabricated metal products33110Repair of fabricated metal products+4
Joint committees (1)
  • 201
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin18,3 k €-14,8 k €40,6 k €58 k €31,7 k €31,3 k €-1,7 k €8,2 k €70,5 €1,1 k €
EBITDA17,6 k €-15,6 k €8,7 k €5,8 k €-10,6 k €-142,6 €-2,4 k €7,5 k €-347,8 €461,2 €
Operating result17,6 k €-15,6 k €8,7 k €5,8 k €-10,6 k €-142,6 €-2,4 k €7,5 k €-347,8 €461,2 €
Net result15,2 k €-15,1 k €6,9 k €4,8 k €-11,6 k €-2,5 k €-3,9 k €4,5 k €-2,4 k €-1 k €
Balance sheet
Equity13,5 k €-1,8 k €13,4 k €6,5 k €1,7 k €13,3 k €15,8 k €19,7 k €15,2 k €17,6 k €
Total assets677,2 k €57,6 k €149,1 k €19,3 k €33,3 k €68 k €39,2 k €24,5 k €24 k €28,1 k €
Cash554,4 €9,4 k €7,1 k €2,5 k €8 k €641,4 €4,2 k €11,4 k €16,9 k €23,6 k €
Debts663,7 k €59,4 k €135,7 k €12,8 k €31,7 k €54,7 k €23,4 k €4,8 k €8,8 k €10,5 k €
Other
Workforce––1,0 ETP1,0 ETP1,0 ETP1,0 ETP––––
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

D & A

Director · since 13 mai 2015 · 0834.698.262

Represented by Ivo Palmaers

Active

Ended mandates

D & A

Director · since 13 mai 2015 · 0834.698.262

Represented by Ivo Palmaers

Ended
D & A

Manager · since 13 mai 2015 · 0834.698.262

Represented by Ivo Palmaers

Ended
D & A

Director · since 13 mai 2015 · 0834.698.262

Represented by Ivo Palmaers

Ended
D & A

Manager · since 13 mai 2015 · 0834.698.262

Represented by Ivo Palmaers

Ended
At this address

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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/06/202616/06/202507/06/202414/06/202327/06/202210/06/2021
General meeting02/06/202603/06/202504/06/202406/06/202307/06/202201/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202502/06/202608/06/2026DutchPDF
Abridged model31/12/202403/06/202516/06/2025DutchPDF
Abridged model31/12/202304/06/202407/06/2024DutchPDF
Abridged model31/12/202206/06/202314/06/2023DutchPDF
Abridged model31/12/202107/06/202227/06/2022DutchPDF
Abridged model31/12/202001/06/202110/06/2021DutchPDF
Abridged model31/12/201902/06/202009/06/2020DutchPDF
Abridged model31/12/201804/06/201906/06/2019DutchPDF
Micro model31/12/201705/06/201809/07/2018DutchPDF
Abridged model31/12/201606/06/201711/07/2017DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

D & A

Director · since 13 mai 2015 · 0834.698.262

Represented by Ivo Palmaers

Active

Ended mandates

D & A

Director · since 13 mai 2015 · 0834.698.262

Represented by Ivo Palmaers

Ended
D & A

Manager · since 13 mai 2015 · 0834.698.262

Represented by Ivo Palmaers

Ended
D & A

Director · since 13 mai 2015 · 0834.698.262

Represented by Ivo Palmaers

Ended
D & A

Manager · since 13 mai 2015 · 0834.698.262

Represented by Ivo Palmaers

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates13/11/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other18/05/2015
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202515,2 k €↑
  2. 2024
    Annual accounts 2024-15,1 k €↓
  3. 2023
    Annual accounts 20236,9 k €↑
  4. 2022
    Annual accounts 20224,8 k €↑
  5. 2021
    Annual accounts 2021-11,6 k €↓
  6. 2020
    Annual accounts 2020-2,5 k €↑
  7. 2019
    Annual accounts 2019-3,9 k €↓
  8. 2018
    Annual accounts 20184,5 k €↑
  9. 2017
    Annual accounts 2017-2,4 k €↓
  10. 2016
    Annual accounts 2016-1 k €
  11. 13/05/2015
    IncorporationPrivate limited company