GENERALES OBSEQUES THUIN
ActiveGENERALES OBSEQUES THUIN has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €183k and a net result of €-53k. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 39% of 6162 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
47
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability37▼-30
Solvency35▼-6
Growth52▼-6
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.38 against 0.94 in 2023; short-term debt: 52.8% and cash: 10.3% of total assets), and 89.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
10.3%
Return on assets
-3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-10-2025, 62 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
not confirmed
2024
62 d late
2023
61 d late
2022
70 d late
2021
31 d late
2020
31 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-53k▼ 421%
2023 · €-10k
2018: €-13k
2019: €-80k
2020: €8k
2021: €28k
2022: €35k
2023: €-10k
2018 → 2024
Working capital
€-582k▼ 3,565%
2023 · €-16k
2018: €82k
2019: €57k
2020: €81k
2021: €51k
2022: €-50k
2023: €-16k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€62k-€90k▲ 45.0%€125k▲ 38.6%€115k▼ 8.2%€183k▲ 59.4%
Operating result€14k-€37k▲ 163%€49k▲ 34.5%€7k▼ 86.5%€-11k
Net result€8k-€28k▲ 232%€35k▲ 24.3%€-10k€-53k▼ 421%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €11k after €7k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.76M
Fixed assets
€1.41M▲ 214%
Current assets
€355k▲ 40.0%
Equity and liabilities €1.78M
Equity
€183k▲ 59.4%
Debt
€1.59M▲ 164%
The debt ratio rises from 84.1% to 89.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€109k▲
2023 · €108k
Cash flow
€67k▼
2023 · €91k
Solvency
10.3%▼
2023 · 15.9%
Current ratio
0.38▼
2023 · 0.94
Quick ratio
0.37▼
2023 · 0.91
Debt / equity
8.73▲
2023 · 5.27
ROE
-29.1%▼
2023 · -8.9%
ROA
-3.0%▼
2023 · -1.4%
Interest coverage
2.68▼
2023 · 6.48
Debt
€1.59M▲
2023 · €604k
Debt ≤ 1 year
€937k▲
2023 · €269k
Debt > 1 year
€631k▲
2023 · €328k
Income taxes
€1k▲
2023 · €134
Staff costs
€24k▼
2023 · €26k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€718k€1.78M▲
Formation expenses20€17k€12k▼
Fixed assets21/28€448k€1.41M▲
Intangible fixed assets21€380€361▼
Tangible fixed assets22/27€445k€1.41M▲
Land and buildings22€39k€976k▲
Plant, machinery and equipment23€5k€15k▲
Furniture and vehicles24€177k€237k▲
Other tangible fixed assets26€224k€177k▼
Financial fixed assets28€2k€2k=
Current assets29/58€254k€355k▲
Stocks and contracts in progress3€7k€7k=
Stocks30/36€7k€7k=
Amounts receivable within one year40/41€126k€163k▲
Trade receivables40€98k€95k▼
Other amounts receivable41€27k€68k▲
Cash at bank and in hand54/58€119k€182k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€718k€1.78M▲
Equity10/15€115k€183k▲
Contributions10/11€19k€140k▲
Reserves13€55k€55k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€35k€35k=
Profit (loss) carried forward14€41k€-12k▼
Amounts payable17/49€604k€1.59M▲
Amounts payable after more than one year17€328k€631k▲
Financial debts170/4€315k€617k▲
Advances received on contracts in progress176€14k€14k=
Amounts payable within one year42/48€269k€937k▲
Financial debts43€62k€67k▲
Other loans439€62k€67k▲
Trade debts44€20k€198k▲
Suppliers440/4€20k€198k▲
Taxes, remuneration and social security45€15k€9k▼
Taxes450/3€10k€500▼
Remuneration and social security454/9€5k€9k▲
Other amounts payable47/48€173k€663k▲
Accrued charges and deferred income492/3€6k€25k▲
Income statement
Code20232024
Remuneration, social security and pensions62€26k€24k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€101k€120k▲
Other operating charges640/8€12k€12k▲
Gross operating margin9900€146k€145k▼
Operating profit (loss)9901€7k€-11k▼
Financial income75/76B€1€212▲
Recurring financial income75€1€212▲
Financial charges65/66B€17k€41k▲
Recurring financial charges65€17k€41k▲
Profit (loss) for the period before taxes9903€-10k€-52k▼
Income taxes67/77€134€1k▲
Profit (loss) for the period9904€-10k€-53k▼
Profit (loss) for the period to be appropriated9905€-10k€-53k▼
Appropriation of the result
Profit (loss) to be appropriated9906€41k€-12k▼
Profit (loss) brought forward from the previous period14P€51k€41k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 62 days late
2024
31-12
Financial
Equity above €150kEq €183k ▲59.4%
Equity rises from €115k to €183k.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-12
Financial
Highest result since 2018net €35k ▲24.3%
Operating result €49k, net result €35k, both a record.
31-12
Financial
Equity above €100kEq €125k ▲38.6%
3 profitable years in a row build equity to €125k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 90 days late
2019
31-12
Financial
Weakest financial yearnet €-80k
Net result drops to €-80k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
01-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 32 days late
2017
12-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 43 days late
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Thuin · 1 establishment unit since 2006
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.
Avenue de Ragnies(THN) 906530 ThuinGround area
93 m²
Building footprint
43 m²
Volume, LiDAR
365 m³
Parcel 56078E0283/00S000, Wallonia · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
GENERALES OBSEQUES THUIN
since 20062.154.621.705
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56078E0283/00S000indicative | Wallonia | 93 m² | 1 · 43 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 903 companies in sector 96301 we hold annual accounts for 612. 532 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-02-2006
Fiscal year end31-12
Activities, NACEBEL
93031
96301Funeral services
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.