Debts
€68.6m 100% of the balance sheet
Suppliers 90%Taxes and wages 10%
Full Throttle
Part of the group
34 companies in 18 countries
Lifetime
3 annual accounts with figures on one time axispeak €173.7m (2024)
€156.8m▼ 9.8%
peak €5,786 (2023)
€1,031▼ 63.2%
peak €71,119 (2025)
€71,119▲ 1.5%
€68.6m▼ 5.9%
Board12 names since 2022
6 directors and 5 others
Owners2 names in the annual accounts
100% and 1 other
Documentsfilings and deeds
08-07-202623 days before the deadline
2025financial year
Result from €2,801 to €1,031Resignation: (director) 26-112 directors appointed, 1 resignation 22-07
Key points
from the 2025 annual accountsPayment terms
135 days to suppliers
Full Throttle pays its suppliers 31 days later than in 2024. Customers pay 113 days earlier.
Filings
3 annual accounts 2 late
The 2024 accounts came latest: 319 days after the end of the period.
At the same address
105 companies
Board
1 joined · 2 left
Board changed. Latest change 05-05-2026 · 5 in office.
Position in the sector
0.1%
Lower solvency than 94% of companies in civil engineering. Sector median 40.1% · 378 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 179 companies had the same profile as Full Throttle has now. Each dot is one company, two years later.
97.2%
were still trading
1.7%
stopped another way
1.1%
went bankrupt
Test of the method
The method was tested on the 497,448 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 179 companies, not a prediction for Full Throttle. 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
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Signals
Board and ownership
Chair,
Managing director,
Director, since 25-08-2022
Director, since 25-08-2022
Director
Auditor,
- 100%score equity €1.42bn (2025) · 2025 annual accounts of
- consolidatesannual accounts 2025
Recent changes
Reappointment: (statutory auditor)
Permanent representative: · General meeting of 25-06-2026 · Gazette deed
New managing director
appointed, resigned · General meeting of 03-04-2026 · Gazette deed
Resignation: (director)
Permanent representative: · General meeting of 12-11-2025 · Gazette deed
2 directors appointed, 1 resignation
Resignation: · Appointments: (managing director) and (managing director) · Permanent representative: · General meeting of 30-06-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Full Throttle Aalst | €156.8m | 0.0% | 0.1% | - |
| NORDEX BELGIUM Wanze | €43.7m | 4.2% | 4.9% | 27.7 |
| Warmtenetwerk Antwerpen Noord Antwerp | - | - | 48.0% | - |
| MATEXI LIMBURG Hasselt | - | - | 97.7% | - |
| Projects HBP Deinze | - | - | 32.8% | - |
| STARLINE C.L.O. Pelt | €13.6m | -2.8% | 55.5% | 35.4 |
| HERTSENS INFRA Beveren-Kruibeke-Zwijndrecht | €21.9m | 17.6% | 58.0% | 44.4 |
Grey: the largest companies of the sector (civil engineering (NACE 42)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Full Throttle: civil engineering (NACE 42990). They are comparable in size and age: total assets between €7m and €44m, founded between 1991 and 2020.
Official details
Source: KBO- Status
- Active since 31-08-2022Normal situation
- Registered office
- 106 active companies are registered at this address9 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- Civil engineeringNACE 42990and 3 others
- Establishment unit
- 2.335.859.8699308 Aalst, since 31-08-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 06-09-2022
Annual accounts 2025
- €68.7m▼ 5.9%
- Filing
- Filed on 08-07-2026, 23 days before the end of the filing period
Insights on Full Throttle
The 2025 annual accounts show equity of €71,119 and a net result of €1,031. Equity has been growing by about 2.8% per year since 2023.
Its solvency ranks better than 5% of 378 sector peers (NACE 42, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
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 Full Throttle
- What is the company number of Full Throttle?
- The company number of Full Throttle is 0790.270.876. The VAT number is the same number with BE in front: BE 0790.270.876.
- Where is Full Throttle based?
- The registered office is at Tragel 60, 9308 Aalst.Company details
- What does Full Throttle do?
- According to the KBO register, the main activity is civil engineering (NACE 42990).
- What is the legal form of Full Throttle?
- Full Throttle is a private limited company (BV).
- When was Full Throttle founded?
- Full Throttle was founded on 31-08-2022.
- Is Full Throttle still active?
- Yes, Full Throttle is an active enterprise in the KBO register.
- What is the turnover of Full Throttle?
- The turnover of Full Throttle was €156.8m in financial year 2025, according to the filed annual accounts.Financials
- Is Full Throttle profitable?
- In financial year 2025, Full Throttle made a profit of €1,031.
- Where can I find the annual accounts of Full Throttle?
- Full Throttle filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Full Throttle due?
- Full Throttle must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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