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FULL THRUST

Active Private limited company (pre-2019)founded 1999active for 27 yearsRue du Pélaki, Forv. 35, 5380 FernelmontKBO/BCE: BE 0466.736.779

Lifetime

20 annual accounts with figures on one time axis, 26 filings since 2000
peak €11,149 (2015)
€9,474▲ 58.0%
lowest -€15,803 (2012)
€382▲ €5,013
peak €24,674 (2009)
-€113,300▲ €382
€142,861▼ 7.5%
Board1 name since 2021
1 director
Documentsfilings and deeds
03-07-202628 days before the deadline
2025micro format
Gross margin from €5,998 to €9,474Back to profit: €382Cash from €2,105 to €545

Key points

from the 2025 annual accounts

Equity

-€113,300
202020212022202320242025

Debts exceed assets in financial year 2025.

Debts

€142,861 483% of the balance sheet
Suppliers 8%Taxes and wages 3%Other 89%

Position in the sector

-383.3%

Lower solvency than 95% of companies in architecture and engineering. Sector median 54.0% · 12,247 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,451 companies had the same profile as FULL THRUST has now. Each dot stands for 4 companies, two years later.

92.2%
were still trading
4.8%
stopped another way
2.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a profit under 5% of the balance sheet

Another 0.5% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 1,451 companies, not a prediction for FULL THRUST. 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

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0466736779
First establishment Rue du Pélaki, Forv. 35, Fernelmont
Incorporation published on 02-09-1999 · Gazette deed
All 33 events

Comparable companies

same main activity, similar in size and age
Company
FULL THRUST Fernelmont €29,561 €9,474 -383.3% -
KREMER PROJECTS Schaerbeek €30,346 €11,122 58.2% -
A - TRAIT Ganshoren €25,288 €7,481 85.2% -
NOVACHÂSSIS Forest €33,114 €10,905 84.6% -
BES'TS Forest €40,860 €7,880 92.7% -
GROUNDTECH Grâce-Hollogne €38,337 €13,010 72.2% -
WALHORTIS Welkenraedt €29,805 €6,172 92.5% -

These companies have the same main activity as FULL THRUST: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €25,300 and €40,900, founded between 1993 and 2002.

Official details

Source: KBO
Status
Active since 26-08-1999Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Establishment unit
2.092.951.2815380 Fernelmont, since 29-11-1999
Financial year end
31 December
Peppol
Reachable since 16-02-2026
Company details

Annual accounts 2025

≈ €42,000estimated
€29,561▼ 27.6%
Filing
Filed on 03-07-2026, 28 days before the end of the filing period
Financials

Insights on FULL THRUST

FULL THRUST files the micro format. That format states no turnover. The gross margin rose from €8,581 in 2006 to €9,474 in 2025.

The balance sheet grew most from 2008 to 2010 through fixed assets.

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 THRUST

What is the company number of FULL THRUST?
The company number of FULL THRUST is 0466.736.779. The VAT number is the same number with BE in front: BE 0466.736.779.
Where is FULL THRUST based?
The registered office is at Rue du Pélaki, Forv. 35, 5380 Fernelmont.Company details
What does FULL THRUST do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of FULL THRUST?
FULL THRUST is a private limited company (pre-2019) (BVBA).
When was FULL THRUST founded?
FULL THRUST was founded on 26-08-1999.
Is FULL THRUST still active?
Yes, FULL THRUST is an active enterprise in the KBO register.
What is the turnover of FULL THRUST?
The turnover in financial year 2025 is ≈ €42,000. This figure is estimated from the gross margin of €9,474 and 30 comparable companies (NACE 71121). It probably lies between €30,000 and €80,000. It is a rough estimate. In financial year 2024 turnover was €14,785.Financials
Is FULL THRUST profitable?
In financial year 2025, FULL THRUST made a profit of €382.
Where can I find the annual accounts of FULL THRUST?
FULL THRUST filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FULL THRUST due?
FULL THRUST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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