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Financial year 2025 · closed on 31/12/2025
Net result
8,6 k €
-53.4% YoY
Gross margin
23,7 k €
-13.4% YoY
Equity
103,2 k €
+9.1% YoY

What does Toggle do?

Toggle is a Private limited company incorporated in 2016. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Grimbergen.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0667.883.305
Incorporation
20/12/2016
Legal form
Private limited company
Registered office
Borgtstraat 13
1850 Grimbergen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
82990Other business support service activities n.e.c.· main82990Other business support service activities n.e.c.43222Plumbing, heat and air-conditioning installation43222Plumbing, heat and air-conditioning installation90021Support activities to performing arts90391Creative, arts and entertainment activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin23,7 k €27,4 k €16,1 k €-27,9 k €32,7 k €43,9 k €40,7 k €13,9 k €57,2 k €
EBITDA22,9 k €25,1 k €15,2 k €-28,8 k €31,4 k €42,5 k €38,6 k €13,8 k €56,8 k €
Operating result12,8 k €18,9 k €8,8 k €-35,1 k €20,7 k €30,8 k €26,2 k €10,4 k €52,3 k €
Net result8,6 k €18,6 k €3,9 k €-35,7 k €15,9 k €27,8 k €21,3 k €7,1 k €37,0 k €
Balance sheet
Equity103,2 k €94,6 k €76,0 k €72,1 k €107,7 k €91,8 k €84,0 k €62,7 k €55,6 k €
Total assets123,8 k €111,5 k €80,5 k €78,7 k €127,4 k €115,2 k €85,9 k €68,8 k €62,8 k €
Cash50,0 k €57,8 k €65,5 k €42,2 k €82,1 k €73,6 k €36,8 k €62,9 k €42,6 k €
Debts20,6 k €17,0 k €4,3 k €6,5 k €19,6 k €23,4 k €1,9 k €6,0 k €7,3 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

Thomas Michiel De Kelver

Director

Active

Ended mandates

Thomas De Kelver

Director · since 20 décembre 2016

Ended
THOMAS DE KELVER

Mandate

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelAbridged modelMicro modelMicro modelMicro 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 date01/07/202626/08/202519/06/202426/06/202317/05/202229/07/2021
General meeting01/06/202630/07/202503/06/202420/06/202316/05/202230/06/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202501/06/202601/07/2026DutchPDF
Micro model31/12/202430/07/202526/08/2025DutchPDF
Abridged model31/12/202303/06/202419/06/2024DutchPDF
Micro model31/12/202220/06/202326/06/2023DutchPDF
Micro model31/12/202116/05/202217/05/2022DutchPDF
Micro model31/12/202030/06/202129/07/2021DutchPDF
Micro model31/12/201924/06/202025/06/2020DutchPDF
Micro model31/12/201818/06/201919/06/2019DutchPDF
Micro model31/12/201719/06/201820/06/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 2 ended

Active mandates

Thomas Michiel De Kelver

Director

Active

Ended mandates

Thomas De Kelver

Director · since 20 décembre 2016

Ended
THOMAS DE KELVER

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/08/2023
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office07/02/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other22/12/2016
    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 20258,6 k €↓
  2. 2024
    Annual accounts 202418,6 k €↑
  3. 2023
    Annual accounts 20233,9 k €↑
  4. 2022
    Annual accounts 2022-35,7 k €↓
  5. 2021
    Annual accounts 202115,9 k €↓
  6. 2020
    Annual accounts 202027,8 k €↑
  7. 2019
    Annual accounts 201921,3 k €↑
  8. 2018
    Annual accounts 20187,1 k €↓
  9. 2017
    Annual accounts 201737,0 k €
  10. 20/12/2016
    IncorporationPrivate limited company