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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
FULL THRUST
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Overview

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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

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

€9,474▲ 58.0%
≈ €42,000estimated
€382
-€113,300▲ 0.3%
€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.

Financials

Annual accounts 2025

micro format, filed on 03-07-2026, 28 days before the deadline
€9,474
▲ 58.0%
€628
▲ €4,660
€8,704
▲ 156%
€8,458
▲ 202%
-383.3%
▼ 104.9 percentage points
0.01
▼ 0.02

Money flows

no detail for 2025

Balance sheet

balance sheet total €29,561 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

-383.3%

Lower than 95% of 12,247 companies in 2025.

0.01

Lower than 95% of 11,952 companies in 2025.

1.3%

Higher than 24% of 12,047 companies in 2025.

FULL THRUST Middle half of the sector 80% of the sector Micro accounts in architecture and engineering (NACE 71)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 29,56140,83843,59144,66651,70553,10358,07369,52587,80293,571106,24887,26085,688109,912126,313130,81829,71621,74317,35919,663
21/28 28,29736,37236,90340,29748,07047,68353,95664,80480,04986,67398,76577,17776,444104,255117,655101,65818,12113,95613,47815,503
22/27 28,29736,37236,90340,29748,07047,68353,95664,80480,04986,67398,76577,17776,444104,255117,655101,65818,12113,95613,47815,503
22 16,97120,97524,42829,29334,15839,02343,88847,91452,61157,30962,00666,20363,317-------
23 10,48015,39712,47511,00413,9128,66010,06810,05113,7598,8179,34110,88013,002104,099117,467101,43917,87113,43113,47815,503
24 846------6,83913,67820,54827,41894125156187219250525-0
26 -------------------0
29/58 1,2644,4666,6894,3693,6355,4194,1174,7217,7546,8987,48310,0839,2445,6578,65929,16011,5967,7873,8814,160
3 ----------------302---
30/36 ----------------302---
40/41 01,4471,2662,8665343,092-3,3013,6732,3003,7727,5412093,4034,93324,31110,6751,6111,7721,151
40 -1,4471,2662,8665343,092-3,3013,6732,3003,4065,8092052,3672,95122,4407,2932011,7721,143
41 0---------3671,73241,0361,9821,8713,3821,410-8
54/58 5452,1054,8277082,0241,9173,3266403,6163,8802,8951,9918,6521,3813,2934,1483575,5841,6512,548
490/1 7199135967951,077410791780465718815551383872432701261592458461
Balance sheet: equity and liabilities
10/49 29,56140,83843,59144,66651,70553,10358,07369,52587,80293,571106,24887,26085,688109,912126,313130,81829,71621,74317,35919,663
10/15 -113,300-113,682-109,051-107,810-103,386-93,920-86,485-78,278-66,695-53,117-39,215-28,665-18,412-11,5754,22818,99324,67420,11313,85213,744
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
10 -18,60018,60018,60018,600---------------
100 -18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
13 1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,513--
130/1 1,8601,8601,8601,8601,8601,860--------------
130 -1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,513--
1311 1,860-------------------
14 -133,760-134,142-129,511-128,270-123,846-114,380-106,945-98,738-87,155-73,577-59,675-49,125-38,872-32,035-16,232-1,4674,214--4,748-4,856
17/49 142,861154,520152,642152,475155,091147,023144,558147,803154,498146,688145,462115,924104,100121,487122,085111,8255,0421,6303,5075,919
17 --4,81311,76718,41724,77630,85636,66542,22447,53952,62157,47362,11966,562------
170/4 --4,81311,76718,41724,77630,85636,66542,22447,53952,62157,47362,11966,562------
42/48 142,861154,520147,829140,708136,674122,247113,702111,138112,27499,14992,14158,45141,98054,925122,085111,8255,0428313,5074,969
42 -4,8136,9546,6506,3596,0805,8095,5595,3155,0824,8524,6464,4434,24874,86378,747----
43 ------------------2,2831,250
430/8 ------------------2,2831,250
44 11,5761,3141,0641,0681,5327977501,3121,2108869603641,1952,9072,9891,4522,578831697200
440/4 11,5761,3141,0641,0681,5327977501,3121,2108869603641,1952,9072,9891,4522,578831697200
45 4,1602331,0981,3321,1511,5971,0381,410332458--590-----4211,097
450/3 4,1602331,0981,3321,1511,5971,0381,410332458--590-----4211,097
47/48 127,125148,160138,712131,659127,633113,773106,105102,858105,41792,72386,32953,44135,75347,77044,23331,6262,463-1062,423
492/3 ----------700------799-950
Income statement
70 -14,78521,57113,8539,48312,74318,86816,68917,64815,96920,38121,19426,06724,17247,74038,59029,44519,2658,06514,759
76A ----0---------569-125459145
9900 9,4745,9989,8786,7242,2914,14310,8057,9497,8536,42311,1495,21510,3891,6133,3177,75910,8268,6682,6668,581
60/61 -8,78711,6937,1297,1928,6008,0638,7409,7959,5459,23215,98015,67922,55944,42330,83118,61910,5975,3996,178
630 8,0767,4357,8307,7738,0487,64614,86315,24416,84515,59916,53511,77113,52113,39913,39910,4904,1272,4692,5062,713
640/8 7712,5952,4062,2162,2552,2292,2042,1172,1862,1122,134631506625575475128---
9901 628-4,032-358-3,265-8,012-5,732-6,262-9,412-11,178-11,288-7,520-7,187-3,638-12,412-10,657-3,2056,5716,1991605,868
75/76B 1941--0--07161401910-13535
75 1941--0--07161401910-13535
65/66B 2506068851,1591,4541,7031,9462,1702,4002,6153,0363,0813,2133,3924,6952,557206107146420
65 2506068851,1591,4541,7031,9462,1702,4002,6153,0363,0813,2133,3924,6952,557206107146420
9903 379-4,629-1,240-4,423-9,466-7,434-8,208-11,583-13,578-13,903-10,550-10,251-6,837-15,803-14,763-5,7526,4906,2731085,498
67/77 -331-----0001-01-701,9291100
9904 382-4,631-1,241-4,423-9,466-7,434-8,208-11,583-13,578-13,903-10,550-10,253-6,837-15,803-14,764-5,6814,5616,2611085,498
9905 382-4,631-1,241-4,423-9,466-7,434-8,208-11,583-13,578-13,903-10,550-10,253-6,837-15,803-14,764-5,6814,5616,2611085,498
Appropriation of the result
9906 -133,760-134,142-129,511-128,270-123,846-114,380-106,945-98,738-87,155-73,577-59,675-49,125-38,872-32,035-16,232-1,4674,5611,513-4,748-4,856
14P -134,142-129,511-128,270-123,846-114,380---------------
691/2 ----------------3471,513--
6920 ----------------3471,513--
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 6 older financial years (2000-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 03-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 03-07-2026 2026-00245870 PDF
31-12-2024 micro format 03-07-2025 2025-00221621 PDF
31-12-2023 micro format 29-08-2024 2024-00392982 PDF
31-12-2022 micro format 30-08-2023 2023-00377384 PDF
31-12-2021 micro format 17-08-2022 2022-20290802 PDF
31-12-2020 micro format 30-08-2021 2021-59900313 PDF
31-12-2019 micro format 23-09-2020 2020-54900516 PDF
31-12-2018 full format 28-08-2019 2019-54200202 PDF
31-12-2017 full format 30-08-2018 2018-56800069 PDF
31-12-2016 micro format 18-08-2017 2017-44800420 PDF
31-12-2015 full format 25-08-2016 2016-47700493 PDF
31-12-2014 full format 19-08-2015 2015-44100234 PDF
31-12-2013 full format 27-08-2014 2014-49000203 PDF
31-12-2012 full format 29-08-2013 2013-51300517 PDF
31-12-2011 full format 27-08-2012 2012-46000058 PDF
31-12-2010 full format 22-08-2011 2011-42200188 PDF
31-12-2009 full format 24-08-2010 2010-43600058 PDF
31-12-2008 full format 21-08-2009 2009-61100185 PDF
31-12-2007 full format 08-08-2008 2008-55700196 PDF
31-12-2006 full format 14-08-2007 2007-56200287 PDF
31-12-2005 full format 03-07-2006 2006-38705224 PDF
31-12-2004 full format 13-09-2005 2005-67604869 PDF
31-12-2003 full format 25-10-2004 2004-75001664 PDF
31-12-2002 full format 24-07-2003 2003-49204252 PDF
31-12-2001 full format 08-07-2002 2002-35005056 PDF
31-12-2000 full format 30-08-2001 2001-53001449 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
8,7043,4047,4724,509361,9148,6025,8325,6674,3119,0154,5839,8839882,7427,28410,6988,6682,6668,581
8,4582,8046,5893,350-1,4182126,6563,6623,2671,6965,9851,5186,684-2,404-1,3654,8088,6898,7302,6148,211
06,9054,43708,4351,3734,015-010,2203,50738,12312,5047,424029,39694,0278,2922,947480-
-1,560-2,7224,119-1,316107-1,4082,686-2,976-264984904-6,6617,271-1,912-8553,791-5,2273,933-897-
-141,597-150,054-141,140-136,339-133,039-116,827-109,585-106,417-104,520-92,252-84,659-48,369-32,736-49,268-113,426-82,6656,5546,957374-809
--27.3%-1.7%-23.6%-84.5%-45.0%-33.2%-56.4%-63.3%-70.7%-36.9%-33.9%-14.0%-51.3%-22.3%-8.3%22.3%32.2%2.0%39.8%
-383.3%-278.4%-250.2%-241.4%-200.0%-176.9%-148.9%-112.6%-76.0%-56.8%-36.9%-32.8%-21.5%-10.5%3.3%14.5%83.0%92.5%79.8%69.9%
0.010.030.050.030.030.040.040.040.070.070.080.170.220.100.070.262.309.381.110.84
0.010.030.050.030.030.040.040.040.070.070.080.170.220.100.070.262.249.381.110.84
--------------28.875.890.200.080.250.43
---------------349.2%-29.9%18.5%31.1%0.8%40.0%
1.3%-11.3%-2.8%-9.9%-18.3%-14.0%-14.1%-16.7%-15.5%-14.9%-9.9%-11.7%-8.0%-14.4%-11.7%-4.3%15.3%28.8%0.6%28.0%
34.865.618.443.890.02---------------
-36 days21 days76 days21 days89 days-72 days76 days53 days61 days100 days3 days36 days23 days212 days90 days4 days80 days28 days
-55 days33 days55 days78 days34 days34 days55 days45 days34 days38 days8 days28 days47 days25 days17 days51 days29 days47 days12 days

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€6,905€4,437-€8,435
€8,076€7,435€7,830€7,773€8,048

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on FULL THRUST

The operating result for 2025 is a profit of €628, after a loss of €4,032 in 2024. It is the highest result since 2009.

Equity is negative. Debt (€142,861) exceeds the balance-sheet total (€29,561).

Board & ownership

Board

1 director
Director
listed in the 2025 annual accounts, filed on 03-07-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director
Boardmandate already running before its first mention
Mandates as a list
    • Director, since before 31-12-2021

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€18,600
Source
2025 annual accounts

Network & group

No group

FULL THRUST has no parent and no holdings in its annual accounts. is the only director. FULL THRUST shares no director with another company.

Timeline

Timeline

33 events since 1999

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 28 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0466736779
2025
Back to profit net €382 The net result is €382, after 15 loss-making years.
Annual accounts 2024 filed PDFmicro format · 28 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 29 days late
2023
Annual accounts 2022 filed PDFmicro format · 30 days late
2022
Annual accounts 2021 filed PDFmicro format · 17 days late
2021
Annual accounts 2020 filed PDFmicro format · 30 days late
2020
Annual accounts 2019 filed PDFmicro format · 54 days late
2019
Annual accounts 2018 filed PDFfull format · 28 days late
2018
Annual accounts 2017 filed PDFfull format · 30 days late
2017
Annual accounts 2016 filed PDFmicro format · 18 days late
2016
Annual accounts 2015 filed PDFfull format · 25 days late
2015
Annual accounts 2014 filed PDFfull format · 19 days late
2014
Annual accounts 2013 filed PDFfull format · 27 days late
2013
Annual accounts 2012 filed PDFfull format · 29 days late
2012
Weakest financial year net -€15,803 The net result drops to -€15,803, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2011 filed PDFfull format · 27 days late
2011
Annual accounts 2010 filed PDFfull format · 22 days late
2010
Annual accounts 2009 filed PDFfull format · 24 days late
2009
Annual accounts 2008 filed PDFfull format · 21 days late
2008
Highest result from 2006 to 2025 net €6,261 ▲5,697% The net result of €6,261 is the highest of those years.
Liquidity more than 8 times current ratio 9.38 The current ratio rises from 1.11 to 9.38. Short-term debt falls from €3,507 to €831.
Annual accounts 2007 filed PDFfull format · 8 days late
2007
Annual accounts 2006 filed PDFfull format · 14 days late
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
1999
First establishment Rue du Pélaki, Forv. 35, Fernelmont
Incorporation published on 02-09-1999

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

FULL THRUST was incorporated on 26 August 1999.1 Turnover fell from €16,689 in 2018 to €14,785 in 2024.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2024

Company details

Identity

Enterprise number
0466.736.779
VAT number
BE 0466.736.779
Peppol ID
0208:0466736779
Other Peppol ID
9925:BE0466736779
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
26-08-1999
Financial year
ends on 31 December
Peppol
Reachable since 16-02-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
FULL THRUST in French
Entity type
Legal entity

Activities

NACEBEL 2025
71121 Engineering and related technical consultancy, excluding land surveyors main activity
Codes under NACEBEL 2008
71121 Engineering activities main activity
Codes under NACEBEL 2003
74203 main activity

Registered office and establishments

1 establishment
Establishment Since Unit numberFASFC approval
Rue du Pélaki, Forv. 35 registered office 5380 Fernelmont 2110001 Manufacture of basic pharmaceutical products and pharmaceutical preparations 29-11-1999 2.092.951.281 Beekeeper - apiculture products
Beekeeper - keeping of bees

Buildings and parcels at the address

Ground area
1,719 m²
Buildings
228 m²
Volume, LiDAR
1,449 m³
Tallest building
11.4 m
Buildings to scale, each on its own parcel
228 m², 11.4 m 228 m², 11.4 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
92047C0657/00D0001,719 m² 1 · 228 m² 11.4 m · 2

Recognitions

Food safety, FASFC

1 site
Fernelmontunit number 2.092.951.281
2 permissions
Beekeeper - apiculture products · since 20-04-2026
Beekeeper - keeping of bees · since 20-04-2026

Source: FAVV-AFSCA, open data, updated on 02-11-2026

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