BART THIJS
ActiveBART THIJS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €217k and a net result of €13k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 37% of 7719 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+1
Solvency59▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.11 against 1.72 in 2024; short-term debt: 17.2% and cash: 11.1% of total assets), but 66% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34%
Return on assets
2%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-01-2026, 111 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
111 d early
2024
139 d early
2023
60 d early
2022
5 d early
2021
58 d early
2020
24 d early
2019
30 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€217k▲ 6.3%
2024 · €204k
2018: €105k
2019: €89k
2020: €82k
2021: €159k
2022: €187k
2023: €196k
2024: €204k
2018 → 2025
Total assets
€637k▼ 3.6%
2024 · €661k
2018: €445k
2019: €456k
2020: €450k
2021: €483k
2022: €573k
2023: €564k
2024: €661k
2018 → 2025
Net result
€13k▲ 60.3%
2024 · €8k
2018: €20k
2019: €-15k
2020: €-8k
2021: €77k
2022: €28k
2023: €9k
2024: €8k
2018 → 2025
Working capital
€122k▲ 50.3%
2024 · €81k
2018: €65k
2019: €37k
2020: €32k
2021: €91k
2022: €129k
2023: €98k
2024: €81k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€159k-€187k▲ 17.5%€196k▲ 5.0%€204k▲ 4.1%€217k▲ 6.3%
Operating result€102k-€86k▼ 16.0%€1k▼ 98.3%€14k▲ 835%€25k▲ 81.8%
Net result€77k-€28k▼ 63.9%€9k▼ 66.5%€8k▼ 14.1%€13k▲ 60.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 82% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €637k
Fixed assets
€405k▼ 13.2%
Current assets
€232k▲ 19.6%
Equity and liabilities €637k
Equity
€217k▲ 6.3%
Debt
€420k▼ 8.0%
The debt ratio falls from 69.1% to 66.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€107k▲
2024 · €84k
Cash flow
€95k▲
2024 · €78k
Solvency
34.0%▲
2024 · 30.9%
Current ratio
2.11▲
2024 · 1.72
Quick ratio
2.00▲
2024 · 1.72
Debt / equity
1.94▼
2024 · 2.24
ROE
5.9%▲
2024 · 3.9%
ROA
2.0%▲
2024 · 1.2%
Interest coverage
10.86▼
2024 · 11.97
Debt
€420k▼
2024 · €457k
Debt ≤ 1 year
€110k▼
2024 · €113k
Debt > 1 year
€310k▼
2024 · €344k
Income taxes
€5k▲
2024 · €801
Staff costs
€221k▲
2024 · €151k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€661k€637k▼
Fixed assets21/28€467k€405k▼
Tangible fixed assets22/27€467k€405k▼
Land and buildings22€138k€133k▼
Plant, machinery and equipment23€98k€83k▼
Furniture and vehicles24€231k€190k▼
Current assets29/58€194k€232k▲
Stocks and contracts in progress3€0€13k▲
Contracts in progress37€0€13k▲
Amounts receivable within one year40/41€89k€135k▲
Trade receivables40€73k€128k▲
Other amounts receivable41€16k€7k▼
Cash at bank and in hand54/58€86k€71k▼
Deferred charges and accrued income490/1€19k€13k▼
Equity and liabilities
Total equity and liabilities10/49€661k€637k▼
Equity10/15€204k€217k▲
Contributions10/11€19k€19k=
Reserves13€170k€183k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€170k€183k▲
Profit (loss) carried forward14€15k€15k=
Amounts payable17/49€457k€420k▼
Amounts payable after more than one year17€344k€310k▼
Financial debts170/4€134k€110k▼
Other amounts payable178/9€210k€200k▼
Amounts payable within one year42/48€113k€110k▼
Current portion of amounts payable after more than one year42€48k€24k▼
Trade debts44€47k€46k▼
Suppliers440/4€47k€46k▼
Taxes, remuneration and social security45€14k€34k▲
Taxes450/3€5k€6k▲
Remuneration and social security454/9€8k€29k▲
Other amounts payable47/48€4k€6k▲
Income statement
Code20242025
Remuneration, social security and pensions62€151k€221k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€82k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€6k€0▼
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A-€17k
Gross operating margin9900€242k€348k▲
Operating profit (loss)9901€14k€25k▲
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€7k€10k▲
Recurring financial charges65€7k€10k▲
Profit (loss) for the period before taxes9903€9k€18k▲
Income taxes67/77€801€5k▲
Profit (loss) for the period9904€8k€13k▲
Profit (loss) for the period to be appropriated9905€8k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€28k▲
Profit (loss) brought forward from the previous period14P€15k€15k=
Transfer to equity691/2€8k€13k▲
To other reserves6921€8k€13k▲
Social balance
Average headcount (FTE)90875.03.8▼
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
12-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-09
Financial
Equity above €200kEq €204k ▲4.1%
4 profitable years in a row build equity to €204k.
01-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Back to profitnet €77k
Net result €77k after 2 loss-making years.
30-09
Financial
Equity above €150kEq €159k ▲94.4%
Equity rises from €82k to €159k.
06-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €-15k ▼176%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
03-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 5 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gingelom · 2 establishment units since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Truilingenstraat 813891 GingelomGround area
2.1 ha
Building footprint
3,694 m²
Volume, LiDAR
20,256 m³
2 parcels, Flanders · tallest building 14.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Bart Thijs
since 20102.185.256.778
Roosveld 4, 3400 Landen
since 20202.312.785.549
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24059A0451/00F000indicative | Flanders | 2.0 ha | 1 · 3,347 m² | 14.9 m · 2 fl. |
| 71010B0091/00R000 | Flanders | 1,716 m² | 1 · 346 m² | 10.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ELASTISCHE VOEGWERKEN JORIS
BE 0894.347.027
Alken · Eq €217k
SDI BUILD
BE 0682.928.894
Anderlecht · Eq €216k
SM BATIMENT
BE 0598.685.483
La Louvière · Eq €216k
JANSSENS EN JANSSENS
BE 0824.242.949
Scherpenheuvel-Zichem · Eq €217k
MONOCHAPPE
BE 0427.051.309
Heusden-Zolder · Eq €216k
Of 15,541 companies in sector 43990 we hold annual accounts for 7,422. 5,751 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-01-2010
Fiscal year end30-09
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
77221Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.