LA VILLE DE THUIN
ActiveThe computed 12-month bankruptcy probability of LA VILLE DE THUIN is 7.8% (elevated). The 2025 annual accounts show negative equity (€-10k) and a net result of €-19k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 13159 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
17
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-94
Solvency0▼-59
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
7.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.5 against 1.44 in 2024; short-term debt: 188.9% and cash: 77.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-88.9%
Return on assets
-170.6%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-10k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
35 d early
2024
48 d late
2023
24 d late
2022
92 d late
2021
19 d late
2020
181 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-10k
2024 · €9k
2020: €8k
2021: €14k
2022: €44k
2023: €51k
2024: €9k
2020 → 2025
Total assets
€11k▼ 58.8%
2024 · €26k
2020: €52k
2021: €21k
2022: €64k
2023: €59k
2024: €26k
2020 → 2025
Net result
€-19k
2024 · €5k
2020: €6k
2021: €6k
2022: €30k
2023: €7k
2024: €5k
2020 → 2025
Working capital
€-10k
2024 · €8k
2020: €8k
2021: €14k
2022: €44k
2023: €50k
2024: €8k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€14k-€44k▲ 204%€51k▲ 14.8%€9k▼ 82.4%€-10k
Operating result€-7k-€32k€8k▼ 75.5%€6k▼ 27.9%€-18k
Net result€6k-€30k▲ 374%€7k▼ 78.0%€5k▼ 17.8%€-19k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €18k after €6k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11k
Fixed assets
€597▼ 50.8%
Current assets
€10k▼ 59.2%
Key figures and ratios
EBITDA
€-17k▼
2024 · €6k
Cash flow
€-18k▼
2024 · €5k
Solvency
-88.9%▼
2024 · 33.6%
Current ratio
0.50▼
2024 · 1.44
Quick ratio
0.50▼
2024 · 1.36
Debt / equity
-2.13▼
2024 · 1.97
ROA
-170.6%▼
2024 · 20.2%
Interest coverage
-60.40▼
2024 · 31.66
Debt
€21k▲
2024 · €18k
Debt ≤ 1 year
€21k▲
2024 · €18k
Income taxes
€130▼
2024 · €1k
Staff costs
€33k▲
2024 · €28k
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€26k€11k▼
Fixed assets21/28€1k€597▼
Tangible fixed assets22/27€1k€597▼
Furniture and vehicles24€1k€597▼
Current assets29/58€25k€10k▼
Stocks and contracts in progress3€1k-
Stocks30/36€1k-
Amounts receivable within one year40/41€13k€727▼
Trade receivables40€26€258▲
Other amounts receivable41€13k€469▼
Cash at bank and in hand54/58€10k€8k▼
Deferred charges and accrued income490/1€860€1k▲
Equity and liabilities
Total equity and liabilities10/49€26k€11k▼
Equity10/15€9k€-10k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€7k€-12k▼
Amounts payable17/49€18k€21k▲
Amounts payable within one year42/48€18k€21k▲
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€8k€7k▼
Taxes450/3€4k€2k▼
Remuneration and social security454/9€4k€4k▲
Other amounts payable47/48€7k€9k▲
Income statement
Code20242025
Remuneration, social security and pensions62€28k€33k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18€615▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€38k€19k▼
Operating profit (loss)9901€6k€-18k▼
Financial income75/76B€2k€49▼
Recurring financial income75€2k€49▼
Financial charges65/66B€771€488▼
Recurring financial charges65€181€288▲
Non-recurring financial charges66B€590€200▼
Profit (loss) for the period before taxes9903€7k€-18k▼
Income taxes67/77€1k€130▼
Profit (loss) for the period9904€5k€-19k▼
Profit (loss) for the period to be appropriated9905€5k€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€54k€-12k▼
Profit (loss) brought forward from the previous period14P€49k€7k▼
Profit to be distributed694/7€47k-
Return on contributions (dividend)694€47k-
The notes to these accounts (6 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
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-19k ▼447%
Net result drops to €-19k, the lowest in the series.
17-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 48 days late
2024
24-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 24 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 7.29
Current ratio from 3.25 to 7.29; short-term debt falls from €19k to €8k.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
31-12
Financial
Highest result since 2020net €30k ▲374%
Operating result €32k, net result €30k, both a record.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 181 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 3.39
Current ratio from 1.19 to 3.39; short-term debt falls from €44k to €6k.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Erquelinnes · 1 establishment unit since 2020
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.
Rue Albert Ier 4166560 ErquelinnesGround area
210 m²
Building footprint
45 m²
Volume, LiDAR
425 m³
Parcel 56022B0414/02E031, Wallonia · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
LA VILLE DE THUIN
since 20202.299.653.432
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56022B0414/02E031 | Wallonia | 210 m² | 1 · 45 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteErquelinnes2.299.653.432
Similar companies · same sector, comparable size
GHORECA
BE 0840.974.261
Menen · Eq €9k
Sjoeke
BE 1004.596.435
Izegem · Eq €9k
IN 'T WITTE HUIS
BE 0429.880.640
Putte · Eq €9k
AU BON COIN SDJC
BE 0671.621.169
Sint-Jans-Molenbeek · Eq €9k
D.R.B. PROJECT
BE 0479.872.955
Visé · Eq €9k
Of 14,028 companies in sector 56301 we hold annual accounts for 4,894. 3,398 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-02-2020
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
93291Sports, amusement and recreation activities
93292Sports, amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.