Equity
€1.8m ▲ 5.7%
Carrières de la Thure paid out €150,000 in dividends. That is 60% of the 2025 profit.
Carrières de la Thure
Lifetime
20 annual accounts with figures on one time axis, 49 filings since 1977Turnoverpeak €3.5m (2025)
€3.5m▲ 4.6%
Resultpeak €784,700 (2018)
€249,540▼ 22.2%
Equitypeak €1.8m (2025)
€1.8m▲ 5.7%
Debts
€1.7m▼ 10.6%
Staffpeak 15 FTE (2013)
11.3 FTE▼ 3.4%
Board5 names since 2021
3 directorsCERCO and 2 others
Owners3 names in the annual accounts
33.33%CERCO and 2 others
Documentsfilings and deeds
27-08-202627 days late
2025financial year
Dividend €150,000Cash from €95,220 to €224,238
Key points
from the 2025 annual accountsPayment terms
85 days to suppliers
Carrières de la Thure pays its suppliers 2 days later than in 2024. Customers pay 36 days earlier.
Filings
49 annual accounts since 1977
Four of the last ten came late. The 2024 accounts came latest: 29 days after the end of the period.
Checked score
93
Excellent
Financially stronger than 65% of small companies in other mining and quarrying (NACE 08)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 40 companies (NACE 08, small).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.2%▲ +0.1 percentage points vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.4%▲ +0.2 percentage points vs 07-2025
09-2025: 0.5%▲ +0.1 percentage points vs 08-2025
10-2025: 0.2%▼ -0.3 percentage points vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 0.1%▼ -0.4 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 1.49, cash €224,238
lowers risk
Founded in 1950
Profit of €249,540 (financial year 2025)
Equity €1.8m (50.4% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 08, small). It does better than 53% of them on solvency, 65% on liquidity, 80% on profitability and 61% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as Carrières de la Thure has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of Carrières de la Thure itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,137 companies, not a prediction for Carrières de la Thure. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €160,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.49 (1.3 in 2024), below the usual 1.5. Short-term debt is 28.2% and cash 6.2% of total assets. 49.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
27 days late
2024
29 days late
2023
2 days late
2022
26 days early
2021
40 days early
2020
31 days early
2019
24 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 08), the median for financial year 2024 was 21 days before the deadline, and 30% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
C
CERCO
Director, Guy PEETERS, since 27-11-2023
ST
SPRL TERRE BRUNE
Director, Serge PATERNOSTER, since 27-11-2023
- CERCO 33.33%score 92equity €5.2m (2025) · annual accounts 2025
- Etablissements Maurice Wanty 33.33%score 82equity €46.7m (2025) · annual accounts 2025
- TERRE BRUNE 33.33%score 95equity €8.0m (2025) · annual accounts 2025
Shares in 1 company, Calcaires d'Hurtebises
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0401807256
Reappointment: LVM AUDIT SERVICES SRL (company auditor)
General meeting of 24-06-2024 · Gazette deed
3 directors reappointed
ETABLISSEMENTS MAURICE WANTY, TERRE BRUNE and CERCO · Permanent representatives: COLLINGE Fabien Jules Elie Gilles, Serge PATERNOSTER and Guy PEETERS · Gazette deed
4 directors reappointed
DELVAUX ASSOCIES SCRI (company auditor), Ets Maurice WANTY SA, CERCO SA and TERRE BRUNE sprl · Permanent representative: Fabien Collinge · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Turnover | EBIT margin | Solvency | Staff |
|---|---|---|---|---|
| Carrières de la Thure Erquelinnes | €3.5m | 10.4% | 50.4% | 11.3 |
| Société d'Exploitation des Carriéres d'Yvoir Yvoir | €5.4m | -2.4% | 37.9% | 12.2 |
| ONE REFRACTORIES Anhée | €13.9m | 15.1% | 51.8% | 12.1 |
| CARRIERES DE PREALLE Durbuy | - | - | -28.7% | 6.6 |
| Usines et Carrières Ernest Lebailly Saint-Ghislain | €0.8m | 8.8% | 89.4% | - |
| CARRIERE DE LA HAZOTTE - H. VERHOEVEN Anthisnes | - | - | 66.2% | 8.7 |
| CARRIERES DE LA PREALLE Sprimont | - | - | 77.8% | 8.3 |
Grey: the largest companies of the sector (other mining and quarrying (NACE 08)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Carrières de la Thure: other mining and quarrying (NACE 08111). They are comparable in size and age: total assets between €1m and €11m, founded between 1919 and 1978.
Official details
Source: KBO- Status
- Active since 15-07-1950Normal situation
- Activity
- Other mining and quarryingNACE 08111and 1 other
- Joint committees
- 102.01Quarries
- 203White-collar workers in bluestone quarries · annual accounts 2025
- Establishment units
- 2.007.874.5617012 Mons, since 01-07-1950
- 2.128.007.1806560 Erquelinnes, since 01-07-1968
- Financial year end
- 31 December
- Peppol
- Reachable since 19-11-2025
Annual accounts 2025
- Total assets
- €3.6m▼ 2.5%
- Employeeson 31-12-2025
- 11▼ 8.3%
- Filing
- Filed on 27-08-2026
Insights on Carrières de la Thure
Carrières de la Thure has existed since 1950. Turnover grew from €2.1m in 2008 to €3.5m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Carrières de la Thure
- What is the company number of Carrières de la Thure?
- The company number of Carrières de la Thure is 0401.807.256. The VAT number is the same number with BE in front: BE 0401.807.256.
- Where is Carrières de la Thure based?
- The registered office is at Rue de la Thure 50, 6560 Erquelinnes.Company details
- What does Carrières de la Thure do?
- According to the KBO register, the main activity is other mining and quarrying (NACE 08111).
- What is the legal form of Carrières de la Thure?
- Carrières de la Thure is a public limited company (NV).
- When was Carrières de la Thure founded?
- Carrières de la Thure was founded on 15-07-1950.
- Is Carrières de la Thure still active?
- Yes, Carrières de la Thure is an active enterprise in the KBO register.
- How many employees does Carrières de la Thure have?
- Carrières de la Thure had an average of 11.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Carrières de la Thure fall under?
- In its 2025 annual accounts, Carrières de la Thure states joint committees 102.01 (Quarries) and 203 (White-collar workers in bluestone quarries).
- What is the turnover of Carrières de la Thure?
- The turnover of Carrières de la Thure was €3.5m in financial year 2025, according to the filed annual accounts.
- Is Carrières de la Thure profitable?
- In financial year 2025, Carrières de la Thure made a profit of €249,540.
- Where can I find the annual accounts of Carrières de la Thure?
- Carrières de la Thure filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Carrières de la Thure due?
- Carrières de la Thure must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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