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NTHNG

Active Private limited companyfounded 2006active for 20 yearsLouislei 21, 2930 BrasschaatKBO/BCE: BE 0880.907.181

Lifetime

19 annual accounts with figures on one time axis
peak €84,212 (2007)
-€3,116▲ €1,489
lowest -€63,245 (2009)
-€2,772▲ €3,038
peak €59,099 (2008)
-€18,115▼ €2,772
€18,712▼ 7.3%
peak 1 FTE (2016)
-not published
Board2 names since 2021
1 director
Documentsfilings and deeds
17-07-202614 days before the deadline
2025micro format
Gross margin from -€4,605 to -€3,116Loss of €2,772Equity from -€15,343 to -€18,115Cash from €89 to €16

Key points

from the 2025 annual accounts

Equity

-€18,115
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€32,572 in seven years
-4,4782019-8,4752020-3,1012021-3,2682022-4,6682023-5,8102024-2,7722025

Every financial year from 2019 to 2025 closed with a loss. 2020 was the heaviest.

Board

1 joined · 1 left

Board changed. Latest change 01-09-2026 · 1 in office.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,619 companies had the same profile as NTHNG has now. Each dot stands for 17 companies, two years later.

84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 1.0% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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 3.0% 3.1%
10 5.6% 6.2%

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 6,619 companies, not a prediction for NTHNG. 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

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

Signals

Board and ownership

Director,
Board & ownership

Recent changes

Company renamed from THIBAS to NTHNG Registered office moved from Edegem to Brasschaat · New registered office: Louislei 21, 2930 Brasschaat · Previous registered office: Jachtlaan 75, 2650 Edegem · General meeting of 01-09-2026 · Gazette deed
Registered office moved from Deurne to Edegem New registered office: Jachtlaan 75, 2650 Edegem · Previous registered office: Oude Bosuilbaan 12, 2100 Deurne · General meeting of 10-12-2019 · Gazette deed
Incorporation published on 05-05-2006 · Gazette deed
First establishment Louislei 21, Brasschaat
All 28 events

Comparable companies

same main activity, the nearest in size
Company
NTHNG Brasschaat €596 -€3,116 -3038.5% -
Blautr Brussels €2,104 -€4,637 -10.4% -
DB BENELUX Antwerp €5,031 -€3,457 -8.2% -
SHGTBS BE Liège €3,324 -€61,755 -1767.6% -
Made From Belgium Waterloo €5,293 -€12,314 -241.8% -
CARTELLE Association Malmedy €2,513 €334 90.0% -

These companies have the same main activity as NTHNG: intermediation services for non-specialised retail (NACE 47910). They are larger than NTHNG: total assets between €2,100 and €5,290, founded in 2025.

Official details

Source: KBO
Status
Active since 20-04-2006Normal situation
Activity
Intermediation services for non-specialised retailNACE 47910and 2 others
Establishment unit
2.153.466.3162930 Brasschaat, since 20-04-2006
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

€596▼ 87.7%
Filing
Filed on 17-07-2026, 14 days before the end of the filing period
Financials

Insights on NTHNG

NTHNG files the micro format. That format states no turnover. The gross margin fell from €84,212 in 2007 to -€3,116 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about NTHNG

What is the company number of NTHNG?
The company number of NTHNG is 0880.907.181. The VAT number is the same number with BE in front: BE 0880.907.181.
Where is NTHNG based?
The registered office is at Louislei 21, 2930 Brasschaat.Company details
What does NTHNG do?
According to the KBO register, the main activity is intermediation services for non-specialised retail (NACE 47910).
What is the legal form of NTHNG?
NTHNG is a private limited company (BV).
When was NTHNG founded?
NTHNG was founded on 20-04-2006.
Is NTHNG still active?
Yes, NTHNG is an active enterprise in the KBO register.
What is the turnover of NTHNG?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is NTHNG profitable?
In financial year 2025, NTHNG made a loss of €2,772.
Where can I find the annual accounts of NTHNG?
NTHNG filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of NTHNG due?
NTHNG must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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