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T.H. Démolition

Active
Private limited companyfounded 2006active for 20 yearsChaussée de Perwez(SM) 307, 5003 Namur, BelgiumKBO/BCE: BE 0880.936.578

From the official registers: KBO 20 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of T.H. Démolition is 2.3% (moderate). The 2025 annual accounts show equity of €690,941 and a net result of -€133,837. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 53% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 26-04-2006 Normal situation
Legal form
Private limited company
Registered office
Chaussée de Perwez(SM) 307, 5003 Namur
Activity
Demolition NACE 43110and 2 others
Establishment unit
2.153.216.193 5003 Namur, since 02-05-2006
Financial year end
31 December
Peppol
Reachable since 04-09-2025

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.3%
Annual accounts 2025
Gross margin
€146,193
▲ 15.3%
Turnover
≈ €480,000
estimated
Loss
€133,837
▼ 1.9%
Equity
€690,941
▼ 16.2%
Total assets
€1.4m
▼ 14.9%
2025 accounts filed 31 days after the deadline
Filed on 31-08-2026at the National Bank
Score breakdownraises riskLiquidity: current ratio 0.21, cash €0, halvedLast filed accounts filed 31 days late; 1 of the last 3 accounts lateLoss of €133,837, the second in a row (financial year 2025)Sector: Specialised construction activities (NACE 43)Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 34% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 74-1
equity 49.3% of total assets
Liquidity 45-2
short-term debt 17.5% · cash 0.0%
Profitability 54+8
return on assets -9.5%
Bankruptcy probability within 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 2.6% 12-2024: 2.6%● unchanged vs 11-2024 01-2025: 2.6%● unchanged vs 12-2024 02-2025: 2.7%▲ +0.1 percentage points vs 01-2025 03-2025: 2.7%● unchanged vs 02-2025 04-2025: 2.7%● unchanged vs 03-2025 05-2025: 3.0%▲ +0.3 percentage points vs 04-2025 06-2025: 3.1%▲ +0.1 percentage points vs 05-2025 07-2025: 3.1%● unchanged vs 06-2025 08-2025: 3.5%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 2.5%▼ -1.0 percentage point vs 08-2025 10-2025: 2.5%● unchanged vs 09-2025 11-2025: 2.5%● unchanged vs 10-2025 12-2025: 2.5%● unchanged vs 11-2025 01-2026: 1.4%▼ -1.1 percentage points vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.3%▼ -0.1 percentage points vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026lowest value 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 1.8%▲ +0.5 percentage points vs 07-2026 09-2026: 2.3%▲ +0.5 percentage points vs 08-2026 10-2026: 2.3%● unchanged vs 09-2026
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.21 (0.26 in 2024), below 1. Short-term debt is 17.5% and cash 0% of total assets. 50.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 53% of them on solvency, 36% on liquidity, 25% on profitability and 20% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
raises risk
raises risk · Liquidity: current ratio 0.21, cash €0, halved
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Loss of €133,837, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€133,837
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
28 days late
2023
29 days late
2022
51 days late
2021
27 days late
2020
31 days late
2019
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 32 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · 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 30 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€133,837 View
  • Caution: Lower net result than 95% of companies in specialised constructionsector median €10,227 · 34,889 companies -€133,837 View

Documents

Annual accounts at the NBB

All 20 annual accounts

Articles and registers

Key facts about T.H. Démolition

What is the company number of T.H. Démolition?
The company number of T.H. Démolition is 0880.936.578. The VAT number is the same number with BE in front: BE 0880.936.578.
Where is T.H. Démolition based?
The registered office is at Chaussée de Perwez(SM) 307, 5003 Namur.Company details
What does T.H. Démolition do?
According to the KBO register, the main activity is demolition (NACE 43110).
What is the legal form of T.H. Démolition?
The legal form of T.H. Démolition is Private limited company (BV).
When was T.H. Démolition founded?
T.H. Démolition was founded on 26-04-2006.
Is T.H. Démolition still active?
Yes, T.H. Démolition is an active enterprise in the KBO register.
What is the turnover of T.H. Démolition?
The turnover in financial year 2025 is ≈ €480,000. This figure is estimated from the gross margin of €146,193 and 236 comparable companies (NACE 43). It probably lies between €360,000 and €670,000.Financials
Is T.H. Démolition profitable?
In financial year 2025, T.H. Démolition made a loss of €133,837.
Where can I find the annual accounts of T.H. Démolition?
T.H. Démolition filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of T.H. Démolition due?
T.H. Démolition must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as T.H. Démolition: demolition (NACE 43110). They are comparable in size and age: total assets between €873,000 and €2.3m, founded between 2002 and 2010.

CompanyTotal assetsGross margin
T.H. Démolition Namur€1.4m€0.1m
AKR Nieuwerkerken (Limb.)€0.9m€0.2m
AFBRAAKWERKEN DEMOFER Erpe-Mere€1.1m€0.2m
G&B Gent€2.3m€0.1m
NOLLEVAUX & FILS Chiny€0.9m€0.1m
D3 CONSTRUCTION Arlon€1.6m€0.07m
C.K. & Co GROND & AFBRAAKWERKEN Wetteren€1.0m€0.09m
Full comparison

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