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My Thing

Active
Private limited companyfounded 20242 years activeVlinderstraat 30, 8750 Wingene, BelgiumKBO/BCE: BE 1009.173.647
Summary

The computed 12-month bankruptcy probability of My Thing is 4.7% (elevated). The 2025 annual accounts show negative equity (-€8,562) and a net result of -€18,562. Its solvency ranks better than 10% of 12,411 sector peers (NACE 47, fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of household furniture
NACE 47551
2 sites
Size
€71,464total assets 2025
Equity
-€8,562
Loss
-€18,562
Turnover not published (abridged schema)
Financial health
37 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.7%
Structure
Accounts 22 days early1 of 2 deeds read
Why 37- 1 change of registered office in 24 months- Founded in 2024- Negative equity -€8,562+ Figures for FY 2025 (filed 08-04-2026)Show the evidence

Checked score

Score 2025
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 27% of its sector peers (NACE 47, micro)
Financial strength
Weak
Solvency 13
equity -12.0% of total assets
Liquidity 53
short-term debt 13.8% · cash 4.4%
Profitability 0
return on assets -26.0%
Bankruptcy probability, 12 months
4.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,169 companies)
Last 24 months 06-2025: 1.8%lowest value 07-2025: 1.9%▲ +0.1 percentage points vs 06-2025 08-2025: 1.9%● unchanged vs 07-2025 09-2025: 2.3%▲ +0.4 percentage points vs 08-2025 10-2025: 2.3%● unchanged vs 09-2025 11-2025: 2.6%▲ +0.3 percentage points vs 10-2025 12-2025: 2.9%▲ +0.3 percentage points vs 11-2025 01-2026: 3.3%▲ +0.4 percentage points vs 12-2025 02-2026: 3.2%▼ -0.1 percentage points vs 01-2026 03-2026: 3.2%● unchanged vs 02-2026 04-2026: 3.5%▲ +0.3 percentage points vs 03-2026 05-2026: 3.6%▲ +0.1 percentage points vs 04-2026 06-2026: 3.6%● unchanged vs 05-2026 07-2026: 3.6%● unchanged vs 06-2026 08-2026: 3.6%● unchanged vs 07-2026 09-2026: 3.6%● unchanged vs 08-2026 10-2026: 4.7%▲ +1.1 percentage points vs 09-2026highest value
No credit on open account
Liquidity ample (current ratio 4.81; short-term debt: 13.8% and cash: 4.4% of total assets), but equity is negative.
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 47, micro): better than 15% on solvency, 58% on liquidity and 6% on profitability.

The bankruptcy probability was computed on 07-10-2026 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

Six signals.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
raises risk · Founded in 2024
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Figures for FY 2025 (filed 08-04-2026)
NBB · annual accounts
raises risk · Negative equity -€8,562
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 08-04-2026, 22 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
22 days early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Registered officeRegistered-office move · Power of…
  2. Annual accounts filedfiscal year 2025 · abbreviated…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€8,562 View
  • Caution: Among the weakest 10% on solvencysector median 37.1% · 12,411 companies -12.0% View
  • Total assets 2025first fiscal year filed €71,464 View

By topic

Financials

Fiscal year
2025
Total assets
€71,464
Loss
-€18,562
Solvency
-12.0%
Go to Financials

Company details

Sites
2
Legal form
Private limited company
Activity
Retail sale of household furnitureNACE 47551
Founded
07-05-2024
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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