Marcel THIELEN GmbH

Active

Private limited companyfounded 2022active for 4 yearsBelven 68, 4730 Raeren, BelgiumKBO/BCE: BE 0780.486.348

Summary

Marcel THIELEN GmbH has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,000 and a net result of €58,309. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.5% (low).

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Marcel THIELEN GmbHActiveChecked score 81/100

Risk analysis Report Compare

Activity

Installation of electric heating, air conditioning, cooling and ventilation

NACE 43222

1 site

Size

≈ €270,000turnover 2025, estimated

Equity: €15,000
Profit: €58,309

Turnover estimated from the gross margin

Financial health

81 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.5%

Structure

2025 accounts 158 days early1 deed in the Belgian Official Gazette

Why 81raises riskFounded in 2022Equity €15,000 (14.9% of total assets)Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.17, cash €84,618Show the evidence

Checked score

Score 2025

81 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 41% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 40-60

equity 14.9% of total assets

Liquidity 53-41

short-term debt 85.1% · cash 84.1%

Profitability 100=

return on assets 57.9%

Bankruptcy probability, 12 months

0.5% Low

0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,663 companies, NACE 43, micro)

Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.1%▼ -0.1 percentage points vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.5%▲ +0.4 percentage points vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026highest value 07-2026: 0.5%● unchanged vs 06-2026highest value 08-2026: 0.5%● unchanged vs 07-2026highest value 09-2026: 0.5%● unchanged vs 08-2026highest value 10-2026: 0.5%● unchanged vs 09-2026highest value

Credit of up to €1,000 on 30-day terms is acceptable

Liquidity tight (current ratio 1.17, compared with 4.98 in 2024, below the usual 1.5; short-term debt: 85.1% and cash: 84.1% of total assets), and 85.1% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 17% on solvency, 48% on liquidity, 92% on profitability and 4% on growth.

The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 1.17, cash €84,618

NBB · annual accounts

Founded in 2022

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Equity €15,000 (14.9% of total assets)

NBB · annual accounts

Sector: Specialised construction activities (NACE 43)

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-02-2026, 158 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

158 days early

2024

153 days early

2023

152 days early

2022

35 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 125 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 March (3 of the last 4 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since incorporation in 2022.

KBO publications · our coverage

23-02-2026 Annual accounts filedfinancial year 2025 · unclassified…
28-02-2025 Annual accounts filedfinancial year 2024 · unclassified…
31-12-2024 Highest result from 2022 to 2025net €58,614 ▲63.7%

Key points

Caution: Equity fell in 2025from €143,669 to €15,000 ▼ 89.6% View
Positive: Always filed on timeaccounts within the deadline every year 4 years View
Total assets 20254 financial years filed €100,649 View

By topic

Financials

Financial year: 2025
Total assets: €100,649
Profit: €58,309
Solvency: 14.9%

Total assets▼ 43.7%

Net result

20222025

Go to Financials

Timeline

Events: 6
Since: 2023
Next accounts: by 31-07-2027

31-12-2024Equity above €100,000
01-03-2024Annual accounts filed
26-06-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded: 14-01-2022
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about Marcel THIELEN GmbH

What is the company number of Marcel THIELEN GmbH?: 0780.486.348. In Belgium the VAT number is the company number with BE in front: BE 0780.486.348.
Where is Marcel THIELEN GmbH based?: The registered office is at Belven 68, 4730 Raeren.Company details
What does Marcel THIELEN GmbH do?: According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of Marcel THIELEN GmbH?: Private limited company (BV).
When was Marcel THIELEN GmbH founded?: On 14-01-2022.
Is Marcel THIELEN GmbH still active?: Yes, Marcel THIELEN GmbH is an active enterprise in the KBO register.
What is the turnover of Marcel THIELEN GmbH?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Marcel THIELEN GmbH profitable?: In financial year 2025, Marcel THIELEN GmbH made a profit of €58,309.
Where can I find the annual accounts of Marcel THIELEN GmbH?: Marcel THIELEN GmbH filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Marcel THIELEN GmbH due?: By 31-07-2027, for financial year 2026.Timeline