DOBBELSTEIN - THISSEN
ActiveDOBBELSTEIN - THISSEN has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €832k and a net result of €177k. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 56% of 7930 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +6 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+53
Solvency95▼-1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 8.54 against 9.62 in 2024), and 49.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
50.1%
Return on assets
10.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
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. 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
27 d late
2024
46 d late
2023
29 d late
2022
31 d late
2021
47 d early
2020
11 d early
2019
59 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€177k▲ 129%
2024 · €77k
2018: €18k
2019: €65k
2020: €81k
2021: €87k
2022: €102k
2023: €66k
2024: €77k
2018 → 2025
Working capital
€816k▲ 21.0%
2024 · €674k
2018: €296k
2019: €360k
2020: €414k
2021: €521k
2022: €527k
2023: €554k
2024: €674k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€578k-€680k▲ 17.6%€746k▲ 9.7%€823k▲ 10.3%€832k▲ 1.1%
Operating result€112k-€163k▲ 45.9%€115k▼ 29.2%€147k▲ 27.3%€290k▲ 97.6%
Net result€87k-€102k▲ 16.8%€66k▼ 35.2%€77k▲ 17.3%€177k▲ 129%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 98% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.66M
Fixed assets
€736k▼ 6.2%
Current assets
€924k▲ 22.8%
Equity and liabilities €1.66M
Equity
€832k▲ 1.1%
Debt
€828k▲ 15.9%
The debt ratio rises from 46.5% to 49.9%: debt grows faster than equity.
Key figures and ratios
EBITDA
€352k▲
2024 · €211k
Cash flow
€240k▲
2024 · €142k
Solvency
50.1%▼
2024 · 53.5%
Current ratio
8.54▼
2024 · 9.62
Quick ratio
6.93▼
2024 · 7.90
Debt / equity
0.99▲
2024 · 0.87
ROE
21.3%▲
2024 · 9.4%
ROA
10.7%▲
2024 · 5.0%
Interest coverage
12.36▲
2024 · 6.90
Debt
€828k▲
2024 · €715k
Debt ≤ 1 year
€108k▲
2024 · €78k
Debt > 1 year
€720k▲
2024 · €636k
Income taxes
€84k▲
2024 · €39k
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€1.54M€1.66M▲
Fixed assets21/28€785k€736k▼
Tangible fixed assets22/27€785k€736k▼
Land and buildings22€733k€689k▼
Furniture and vehicles24€52k€47k▼
Current assets29/58€752k€924k▲
Stocks and contracts in progress3€135k€175k▲
Stocks30/36€135k€175k▲
Amounts receivable within one year40/41€472k€381k▼
Trade receivables40€420k€347k▼
Other amounts receivable41€52k€34k▼
Cash at bank and in hand54/58€136k€358k▲
Deferred charges and accrued income490/1€9k€10k▲
Equity and liabilities
Total equity and liabilities10/49€1.54M€1.66M▲
Equity10/15€823k€832k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€612k€622k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€16k€16k=
Distributable reserves133€590k€599k▲
Profit (loss) carried forward14€149k€149k=
Amounts payable17/49€715k€828k▲
Amounts payable after more than one year17€636k€720k▲
Financial debts170/4€533k€485k▼
Other amounts payable178/9€103k€235k▲
Amounts payable within one year42/48€78k€108k▲
Current portion of amounts payable after more than one year42€45k€48k▲
Trade debts44€4k€15k▲
Suppliers440/4€4k€15k▲
Taxes, remuneration and social security45€29k€45k▲
Taxes450/3€29k€45k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€63k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€46k€34k▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€262k€392k▲
Operating profit (loss)9901€147k€290k▲
Financial charges65/66B€31k€29k▼
Recurring financial charges65€31k€29k▼
Profit (loss) for the period before taxes9903€116k€261k▲
Income taxes67/77€39k€84k▲
Profit (loss) for the period9904€77k€177k▲
Profit (loss) for the period to be appropriated9905€77k€177k▲
Appropriation of the result
Profit (loss) to be appropriated9906€226k€326k▲
Profit (loss) brought forward from the previous period14P€149k€149k=
Transfer from equity791/2-€168k
Transfer to equity691/2€77k€177k▲
To other reserves6921€77k€177k▲
Profit to be distributed694/7-€168k
Return on contributions (dividend)694-€168k
The notes to these accounts (7 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Highest result since 2018net €177k ▲129%
Operating result €290k, net result €177k, both a record.
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 46 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €500kEq €503k ▲14.4%
3 profitable years in a row build equity to €503k.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 59 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 56 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, Eupen · 1 establishment unit since 1977
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.
Oberste Heide 624701 Eupen1 establishment unit
Oberste Heide 62, 4701 Eupen
since 19772.069.565.670
Recognitions · licences · registrations
Food safety, FASFC
2 sitesEupen2.069.565.670
Kettenis
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Of 946 companies in sector 46231 we hold annual accounts for 422. 318 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded09-12-1977
Fiscal year end31-12
Activities, NACEBEL
46231Wholesale of live animals
51230
46321Wholesale of meat and meat products, excluding game and poultry
51321
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filings
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.