BEN THAMI
ActiveSummary
BEN THAMI has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €443k and a net result of €2k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 72% of 4654 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability46▼-18
Solvency87▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.68 against 1.11 in 2024; short-term debt: 33.1% and cash: 2% of total assets), and 38.3% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five 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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← 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
61.7%
Return on assets
0.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
13 d late
2023
14 d late
2022
29 d late
2021
30 d late
2020
75 d late
2019
120 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2k▼ 92.8%
2024 · €30k
Working capital
€400k▲ 1,188%
2024 · €31k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€62k€29k▼ 52.8%€8k▼ 73.7%€44k▲ 469%€14k▼ 69.0%
Net result€59k€26k▼ 55.4%€1k▼ 95.7%€30k▲ 2,598%€2k▼ 92.8%
Equity€371k▲ 18.8%€397k▲ 7.1%€398k▲ 0.3%€429k▲ 7.6%€443k▲ 3.4%
Total assets€452k▲ 6.3%€649k▲ 43.7%€774k▲ 19.2%€754k▼ 2.6%€719k▼ 4.6%
Debt€80k▼ 28.3%€252k▲ 213%€375k▲ 49.0%€325k▼ 13.5%€276k▼ 15.1%
Working capital€39k€56k▲ 43.8%€24k▼ 57.9%€31k▲ 31.1%€400k▲ 1,188%
Staff (FTE)19.8▼ 3.9%18▼ 9.1%19.7▲ 9.4%29▲ 47.2%26.6▼ 8.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 69% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €719k
Fixed assets
€81k ▼ 81.2%
Current assets
€638k ▲ 98.7%
Equity and liabilities €719k
Equity
€443k ▲ 3.4%
Debt
€276k ▼ 15.1%
Debt's share of the balance-sheet total falls from 43.1% to 38.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37k▼
2024 · €63k
Cash flow
€26k▼
2024 · €50k
Current ratio
2.68▲
2024 · 1.11
Debt to equity
0.62▼
2024 · 0.76
ROE
0.5%▼
2024 · 7.1%
ROA
0.3%▼
2024 · 4.0%
Interest coverage
3.27▼
2024 · 4.81
Debt ≤ 1 year
€238k▼
2024 · €290k
Debt > 1 year
€5k▼
2024 · €35k
Staff costs
€374k▼
2024 · €426k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €24k | - | - | - | - | - |
| Remuneration, social security and pensions62 | €48k | €163k | €342k | €426k | €374k | ▼ 12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €7k | €6k | €20k | €23k | ▲ 19.2% |
| Other operating charges640/8 | €1k | €901 | €16k | €340 | €15k | ▲ 4,302% |
| Non-recurring operating charges66A | €112 | - | - | - | - | - |
| Gross operating margin9900 | €123k | €201k | €371k | €490k | €426k | ▼ 13.0% |
| Operating profit (loss)9901 | €62k | €29k | €8k | €44k | €14k | ▼ 69.0% |
| Financial income75/76B | - | - | €7 | - | - | - |
| Recurring financial income75 | - | - | €7 | - | - | - |
| Financial charges65/66B | €2k | €3k | €7k | €13k | €11k | ▼ 13.9% |
| Recurring financial charges65 | €2k | €3k | €7k | €13k | €11k | ▼ 13.9% |
| Profit (loss) for the period before taxes9903 | €60k | €26k | €1k | €30k | €2k | ▼ 92.8% |
| Income taxes67/77 | €1k | - | - | - | - | - |
| Profit (loss) for the period9904 | €59k | €26k | €1k | €30k | €2k | ▼ 92.8% |
| Profit (loss) for the period to be appropriated9905 | €59k | €26k | €1k | €30k | €2k | ▼ 92.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €452k | €649k | €774k | €754k | €719k | ▼ 4.6% |
| Fixed assets21/28 | €335k | €345k | €417k | €432k | €81k | ▼ 81.2% |
| Tangible fixed assets22/27 | €7k | €17k | €90k | €105k | €81k | ▼ 22.5% |
| Furniture and vehicles24 | €7k | €17k | €90k | €105k | €81k | ▼ 22.5% |
| Financial fixed assets28 | €328k | €328k | €328k | €328k | - | - |
| Current assets29/58 | €117k | €304k | €356k | €321k | €638k | ▲ 98.7% |
| Amounts receivable within one year40/41 | €66k | €200k | €306k | €286k | €613k | ▲ 114% |
| Trade receivables40 | €47k | €165k | €248k | €283k | €291k | ▲ 2.7% |
| Other amounts receivable41 | €18k | €34k | €58k | €3k | €322k | ▲ 11,029% |
| Cash at bank and in hand54/58 | €41k | €80k | €23k | €28k | €14k | ▼ 48.3% |
| Deferred charges and accrued income490/1 | €10k | €25k | €28k | €7k | €11k | ▲ 53.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €452k | €649k | €774k | €754k | €719k | ▼ 4.6% |
| Equity10/15 | €371k | €397k | €398k | €429k | €443k | ▲ 3.4% |
| Contributions10/11 | €126k | €126k | €126k | €126k | €139k | ▲ 9.8% |
| Outside capital11 | €126k | - | - | - | - | - |
| Other1109/19 | €126k | - | - | - | - | - |
| Reserves13 | €14k | €14k | €14k | €14k | €14k | = |
| Non-distributable reserves130/1 | €14k | €14k | €14k | €14k | €14k | = |
| Reserves not available under the articles1311 | €14k | €14k | €14k | €14k | €14k | = |
| Profit (loss) carried forward14 | €231k | €257k | €258k | €289k | €291k | ▲ 0.8% |
| Amounts payable17/49 | €80k | €252k | €375k | €325k | €276k | ▼ 15.1% |
| Amounts payable after more than one year17 | - | - | €43k | €35k | €5k | ▼ 86.5% |
| Financial debts170/4 | - | - | €43k | €35k | €5k | ▼ 86.5% |
| Amounts payable within one year42/48 | €78k | €248k | €333k | €290k | €238k | ▼ 17.9% |
| Current portion of amounts payable after more than one year42 | - | - | €21k | €40k | €41k | ▲ 2.6% |
| Financial debts43 | €13k | €13k | €13k | €13k | €13k | ▼ 0.3% |
| Credit institutions430/8 | €13k | €13k | €13k | €13k | €13k | ▼ 0.3% |
| Trade debts44 | €6k | €105k | €149k | €147k | €134k | ▼ 8.8% |
| Suppliers440/4 | €6k | €105k | €149k | €147k | €134k | ▼ 8.8% |
| Taxes, remuneration and social security45 | €2k | €32k | €62k | €73k | €51k | ▼ 30.8% |
| Taxes450/3 | €147 | €2k | €3k | €2k | - | - |
| Remuneration and social security454/9 | €2k | €30k | €59k | €71k | €51k | ▼ 28.5% |
| Other amounts payable47/48 | €57k | €99k | €89k | €18k | - | - |
| Accrued charges and deferred income492/3 | €3k | €4k | - | - | €33k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €59k | €26k | €1k | €30k | €2k | ▼ 92.8% |
| + Depreciation and write-downs630 | €11k | €7k | €6k | €20k | €23k | ▲ 19.2% |
| Operating cash flow (approximation) | €70k | €34k | €7k | €50k | €26k | ▼ 48.8% |
| Investment in fixed assets (approximation) | - | €-17k | €-79k | €-35k | €328k | ▲ 1,045% |
| Change in cash | - | €39k | €-57k | €5k | €-13k | ▼ 366% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 2.68
Current ratio from 1.11 to 2.68; short-term debt falls from €290k to €238k.
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €59k
Net result €59k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.50
Current ratio from 0.70 to 1.50; short-term debt falls from €112k to €78k.
14-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 75 days late
2020
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 120 days late
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
15-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 46 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
8 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, Brussel · 1 establishment unit since 1993
Ground area
527 m²
Building footprint
452 m²
Volume, LiDAR
5,965 m³
Parcel 21809K0185/00G003, Brussels · tallest building 21.1 m, ±4 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Stalingradlaan 98, 1000 Brussel
since 19932.064.821.182
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0185/00G003 | Brussels | 527 m² | 1 · 452 m² | 21.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
Pelikaancars
BE 0454.886.745
Tielt-Winge · Eq €438k
PEOPLEDRIVING SERVICES
BE 0845.994.903
Mechelen · Eq €437k
AUTOCARS VANDERMEERSCH HENRI – REIZEN BELL TOURS
BE 0419.683.168
Sint-Pieters-Leeuw · Eq €435k
ANDACE
BE 0875.379.765
Sankt Vith · Eq €434k
S-PASS
BE 0816.805.623
Zaventem · Eq €433k
Of 6,975 companies in sector 49320 we hold annual accounts for 2,714. 955 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-09-1993
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
Scores and ratios are computed by Checked and are not a credit decision.