SPRL Th. Charles
ActiveSPRL Th. Charles has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €520k and a net result of €28k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 83% of 637 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 11.1 against 9.06 in 2024; short-term debt: 7.8% and cash: 9.1% of total assets), and 15.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
84.3%
Return on assets
4.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
30 d late
2023
30 d late
2022
39 d early
2021
31 d early
2020
31 d early
2019
on the day
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€28k▼ 12.0%
2024 · €31k
2018: €3k
2019: €-9k
2020: €-17k
2021: €59k
2022: €-5k
2023: €-10k
2024: €31k
2018 → 2025
Working capital
€484k▲ 2.1%
2024 · €474k
2018: €424k
2019: €383k
2020: €376k
2021: €416k
2022: €439k
2023: €459k
2024: €474k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€527k-€523k▼ 0.9%€480k▼ 8.1%€512k▲ 6.5%€520k▲ 1.6%
Operating result€77k-€-18k€-23k▼ 27.2%€35k€15k▼ 57.6%
Net result€59k-€-5k€-10k▼ 112%€31k€28k▼ 12.0%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 58% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €617k
Fixed assets
€85k▼ 9.9%
Current assets
€532k▼ 0.1%
Equity and liabilities €617k
Equity
€520k▲ 1.6%
Debt
€97k▼ 15.9%
The debt ratio falls from 18.4% to 15.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36k▼
2024 · €64k
Cash flow
€49k▼
2024 · €61k
Solvency
84.3%▲
2024 · 81.6%
Current ratio
11.10▲
2024 · 9.06
Quick ratio
11.06▲
2024 · 9.03
Debt / equity
0.19▼
2024 · 0.23
ROE
5.3%▼
2024 · 6.1%
ROA
4.5%▼
2024 · 5.0%
Interest coverage
41.86▼
2024 · 51.02
Debt
€97k▼
2024 · €115k
Debt ≤ 1 year
€48k▼
2024 · €59k
Income taxes
€9k▼
2024 · €22k
Staff costs
€295k▲
2024 · €283k
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€627k€617k▼
Fixed assets21/28€94k€85k▼
Tangible fixed assets22/27€94k€85k▼
Plant, machinery and equipment23€72k€63k▼
Furniture and vehicles24€22k€21k▼
Financial fixed assets28€109€109=
Current assets29/58€533k€532k▼
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€441k€439k▼
Trade receivables40€21k-
Other amounts receivable41€420k€439k▲
Current investments50/53€30k€30k=
Cash at bank and in hand54/58€55k€56k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€627k€617k▼
Equity10/15€512k€520k▲
Contributions10/11€431k€431k=
Capital10€431k€431k=
Issued capital100€431k€431k=
Reserves13€80k€89k▲
Non-distributable reserves130/1€4k€4k=
Legal reserve130€4k€4k=
Distributable reserves133€76k€84k▲
Amounts payable17/49€115k€97k▼
Amounts payable within one year42/48€59k€48k▼
Current portion of amounts payable after more than one year42€6k-
Trade debts44-€9k
Suppliers440/4-€9k
Taxes, remuneration and social security45€53k€39k▼
Taxes450/3€12k€15k▲
Remuneration and social security454/9€41k€25k▼
Accrued charges and deferred income492/3€56k€49k▼
Income statement
Code20242025
Remuneration, social security and pensions62€283k€295k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€22k▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€351k€336k▼
Operating profit (loss)9901€35k€15k▼
Financial income75/76B€20k€23k▲
Recurring financial income75€20k€23k▲
Financial charges65/66B€1k€872▼
Recurring financial charges65€1k€872▼
Profit (loss) for the period before taxes9903€53k€36k▼
Income taxes67/77€22k€9k▼
Profit (loss) for the period9904€31k€28k▼
Profit (loss) for the period to be appropriated9905€31k€28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€8k▼
Profit (loss) brought forward from the previous period14P€-14k€-19k▼
Transfer to equity691/2€17k€8k▼
To other reserves6921€17k€8k▼
The notes to these accounts (7 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 28 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 30 days late
2024
31-12
Financial
Back to profitnet €31k
Net result €31k after 2 loss-making years.
31-12
Financial
Equity above €500kEq €512k ▲6.5%
Equity rises from €480k to €512k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €59k
Net result €59k after 2 loss-making years.
31-12
Financial
Equity above €500kEq €527k ▲12.7%
Equity rises from €468k to €527k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
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, Sint-Lambrechts-Woluwe · 1 establishment unit since 1983
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.
Paul Hymanslaan 891200 Sint-Lambrechts-WoluweGround area
306 m²
Building footprint
121 m²
Volume, LiDAR
1,787 m³
Parcel 21672C0043/00V003, Brussels · tallest building 17.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Paul Hymanslaan 89, 1200 Sint-Lambrechts-Woluwe
since 19832.231.154.012
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21672C0043/00V003 | Brussels | 306 m² | 1 · 120 m² | 17.4 m · 5 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.
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Of 6,942 companies in sector 86230 we hold annual accounts for 4,291. 3,443 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded29-12-1983
Fiscal year end31-12
Activities, NACEBEL
86230Dental practice
86909Human health activities
86995Nutrition and dietetics services
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:charles.th@gmail.com
Phone:02/770.87.57