T. H. F.
ActiveSummary
T. H. F. has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €286,380 and a net result of -€59,400. Equity is growing by about 9.8% per year across the filed financial years. Its solvency ranks better than 41% of 2,368 sector peers (NACE 49, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Overview
- Staff
- 31.2 FTE
- Equity
- €286,380
- Loss
- -€59,400
Why 64raises riskSector: Land transport and transport via pipelines (NACE 49)Loss of €59,400, the second in a row (financial year 2025)1 of the last 3 latelowers riskFounded in 1994Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 49, small): better than 43% on solvency, 68% on liquidity, 19% on profitability and 12% on growth.
The bankruptcy probability was computed on 28-10-2026 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
This company filed its last 7 accounts on average on the deadline day; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet -€59,400
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €37,028 after €97,778 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 49, Land transport and transport via pipelines: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 8,617 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94.2% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,617 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | - | €1.1m | - | - | - |
| Non-recurring operating income76A | - | - | - | €0.01m | - | - | €0.002m | €0.001m | ▼ 54.9% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | €0.4m | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €0.1m | €0.3m | €0.5m | €0.6m | €0.6m | ▲ 3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.2m | €0.1m | €0.1m | €0.07m | €0.07m | €0.09m | €0.2m | ▲ 67.4% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | - | - | -€0.003m | - | - |
| Other operating charges640/8 | - | - | - | €0.02m | €0.04m | €0.03m | €0.05m | €0.03m | ▼ 49.9% |
| Non-recurring operating charges66A | - | - | - | - | €300 | - | €0.007m | €0.001m | ▼ 81.7% |
| Gross operating margin9900 | €0.8m | €0.8m | €0.3m | €0.3m | €0.5m | €0.7m | €0.9m | €0.8m | ▼ 9.0% |
| Operating profit (loss)9901 | €0.1m | €0.04m | €0.02m | €0.06m | €0.04m | €0.1m | €0.1m | -€0.04m | - |
| Financial income75/76B | - | - | - | - | €0 | - | - | €2 | - |
| Recurring financial income75 | €1 | €2 | €0 | - | €0 | - | - | €2 | - |
| Financial charges65/66B | - | - | - | €0.01m | €0.01m | €0.05m | €0.09m | €0.02m | ▼ 75.0% |
| Recurring financial charges65 | €0.02m | €0.02m | €0.01m | €0.01m | €0.01m | €0.05m | €0.09m | €0.02m | ▼ 75.0% |
| Profit (loss) for the period before taxes9903 | €0.08m | €0.03m | €0.003m | €0.05m | €0.03m | €0.08m | €0.01m | -€0.06m | - |
| Income taxes67/77 | €0.02m | €255 | €228 | €0.006m | €0.01m | €0.001m | €0.02m | €483 | ▼ 97.6% |
| Profit (loss) for the period9904 | €0.06m | €0.03m | €0.003m | €0.04m | €0.02m | €0.08m | -€0.01m | -€0.06m | ▼ 500% |
| Profit (loss) for the period to be appropriated9905 | €0.06m | €0.03m | €0.003m | €0.04m | €0.02m | €0.08m | -€0.01m | -€0.06m | ▼ 500% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €723,461 | €847,197 | €650,030 | €608,467 | €639,284 | €648,892 | €703,180 | €881,850 | ▲ 25.4% |
| Fixed assets21/28 | €621,358 | €729,317 | €576,161 | €514,828 | €532,110 | €555,337 | €626,389 | €689,218 | ▲ 10.0% |
| Tangible fixed assets22/27 | €621,358 | €729,317 | €576,161 | €514,828 | €530,110 | €553,337 | €626,389 | €689,218 | ▲ 10.0% |
| Land and buildings22 | - | - | - | €448,607 | €429,598 | €410,846 | €392,093 | €373,340 | ▼ 4.8% |
| Plant, machinery and equipment23 | - | - | - | €4,569 | €6,735 | €5,286 | €4,717 | €3,269 | ▼ 30.7% |
| Furniture and vehicles24 | - | - | - | €61,652 | €93,777 | €137,205 | €229,579 | €312,609 | ▲ 36.2% |
| Financial fixed assets28 | - | - | - | - | €2,000 | €2,000 | - | - | - |
| Current assets29/58 | €102,102 | €117,880 | €73,869 | €93,639 | €107,173 | €93,556 | €76,792 | €192,632 | ▲ 151% |
| Amounts receivable after more than one year29 | - | - | - | €10,630 | €8,259 | €7,791 | €2,880 | €1,061 | ▼ 63.1% |
| Other amounts receivable291 | - | - | - | €10,630 | €8,259 | €7,791 | €2,880 | €1,061 | ▼ 63.1% |
| Stocks and contracts in progress3 | €1,900 | €1,900 | €1,900 | €1,900 | €6,900 | - | - | - | - |
| Stocks30/36 | - | - | - | €1,900 | €6,900 | - | - | - | - |
| Amounts receivable within one year40/41 | €75,430 | €86,255 | €58,679 | €59,966 | €74,083 | €64,328 | €50,588 | €77,609 | ▲ 53.4% |
| Trade receivables40 | - | - | - | €40,907 | €55,454 | €51,079 | €33,885 | €53,401 | ▲ 57.6% |
| Other amounts receivable41 | - | - | - | €19,059 | €18,628 | €13,249 | €16,703 | €24,209 | ▲ 44.9% |
| Cash at bank and in hand54/58 | €21,205 | €25,002 | €10,660 | €16,668 | €14,972 | €16,754 | €21,470 | €112,652 | ▲ 425% |
| Deferred charges and accrued income490/1 | - | - | - | €4,475 | €2,960 | €4,683 | €1,854 | €1,310 | ▼ 29.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €723,461 | €847,197 | €650,030 | €608,467 | €639,284 | €648,892 | €703,180 | €881,850 | ▲ 25.4% |
| Equity10/15 | €189,390 | €215,035 | €218,159 | €257,502 | €273,595 | €355,673 | €345,780 | €286,380 | ▼ 17.2% |
| Contributions10/11 | €18,848 | €18,848 | - | €18,848 | €18,848 | €18,848 | €18,848 | €18,848 | = |
| Reserves13 | €58,135 | €58,135 | €58,135 | €58,135 | €58,135 | €58,135 | €58,135 | €58,135 | = |
| Non-distributable reserves130/1 | - | - | - | €1,885 | €1,885 | €1,885 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,885 | €1,885 | €1,885 | - | - | - |
| Tax-exempt reserves132 | - | - | - | €56,250 | €56,250 | €56,250 | €56,250 | €56,250 | = |
| Distributable reserves133 | - | - | - | - | - | - | €1,885 | €1,885 | = |
| Profit (loss) carried forward14 | €112,407 | €138,052 | €141,176 | €180,520 | €196,612 | €278,690 | €268,798 | €209,398 | ▼ 22.1% |
| Provisions and deferred taxes16 | €15,000 | - | €3,000 | €3,000 | €3,000 | €3,000 | - | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | €3,000 | €3,000 | €3,000 | - | - | - |
| Other liabilities and charges164/5 | - | - | - | €3,000 | €3,000 | €3,000 | - | - | - |
| Amounts payable17/49 | €519,071 | €632,162 | €428,871 | €347,965 | €362,689 | €290,219 | €357,400 | €595,470 | ▲ 66.6% |
| Amounts payable after more than one year17 | €183,522 | €220,215 | €99,227 | €34,042 | €133,498 | €79,776 | €160,248 | €340,305 | ▲ 112% |
| Financial debts170/4 | - | - | - | €31,392 | €130,848 | €77,126 | €157,598 | €338,605 | ▲ 115% |
| Other amounts payable178/9 | - | - | - | €2,650 | €2,650 | €2,650 | €2,650 | €1,700 | ▼ 35.8% |
| Amounts payable within one year42/48 | €335,390 | €411,947 | €329,617 | €313,922 | €229,191 | €210,444 | €197,039 | €255,164 | ▲ 29.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €122,986 | €52,121 | €31,041 | €49,043 | €133,220 | ▲ 172% |
| Financial debts43 | - | - | - | - | €8,446 | €6,084 | €937 | - | - |
| Credit institutions430/8 | - | - | - | - | €8,446 | €6,084 | €937 | - | - |
| Trade debts44 | €99,731 | €70,632 | €46,713 | €63,169 | €46,285 | €67,568 | €37,049 | €27,201 | ▼ 26.6% |
| Suppliers440/4 | - | - | - | €63,169 | €46,285 | €67,568 | €37,049 | €27,201 | ▼ 26.6% |
| Taxes, remuneration and social security45 | - | - | - | €22,192 | €72,339 | €91,751 | €110,011 | €94,744 | ▼ 13.9% |
| Taxes450/3 | - | - | - | €3,886 | €17,639 | €12,378 | €17,274 | - | - |
| Remuneration and social security454/9 | - | - | - | €18,306 | €54,700 | €79,373 | €92,737 | €94,744 | ▲ 2.2% |
| Other amounts payable47/48 | - | - | - | €105,574 | €50,000 | €14,000 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €113 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €60,918 | €25,645 | €3,124 | €39,344 | €16,093 | €82,078 | -€9,892 | -€59,400 | ▼ 500% |
| + Depreciation and write-downs630 | €105,902 | €163,192 | €142,921 | €116,037 | €69,245 | €73,201 | €94,128 | €157,607 | ▲ 67.4% |
| Operating cash flow (approximation) | €166,819 | €188,837 | €146,045 | €155,380 | €85,337 | €155,278 | €84,236 | €98,206 | ▲ 16.6% |
| Investment in fixed assets (approximation) | - | -€271,151 | €10,235 | -€54,704 | -€86,527 | -€96,427 | -€165,180 | -€220,436 | ▼ 33.5% |
| Change in cash | - | €3,798 | -€14,342 | €6,007 | -€1,696 | €1,782 | €4,716 | €91,182 | ▲ 19× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 22 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 08-07-2026 | 2026-00282800 |
| 31-12-2024 | full format | 25-07-2025 | 2025-00313319 |
| 31-12-2023 | full format | 31-08-2024 | 2024-00440737 |
| 31-12-2022 | full format | 26-07-2023 | 2023-00295695 |
| 31-12-2021 | full format | 01-07-2022 | 2022-20119046 |
| 31-12-2020 | full format | 31-08-2021 | 2021-66300502 |
| 31-12-2019 | full format | 31-07-2020 | 2020-39500586 |
| 31-12-2018 | full format | 15-07-2019 | 2019-32200555 |
| 31-12-2017 | full format | 30-07-2018 | 2018-39200363 |
| 31-12-2016 | full format | 29-08-2017 | 2017-52700272 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Hamid Fawzi |
|
Owners and capital
Capital and shareholders
- 25-11-2024 Capital stated in the deed · 750 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
25-11
Gazette deed
Resignation: Hamid Fawzi (manager)Appointment: Hamid Fawzi (administrateur non statutaire) · Legal form clause · Registered office clause10 facts ▸
- General meeting, 05-11-2024
- Director in office, Hamid Fawzi (director)
- Legal form clause, “conserver, société à responsabilité limitée” (deed in French)
- Registered office clause, “confirmation, Schaerbeek(1030 Bruxelles),rue Jules Destrée 59” (deed in French)
- Capital conversion, “suppression, fonds disponibles pour distribution” (deed in French)
- Amendment of the articles
- Capital
- Other provision, “lecture terme Gérant comme Administrateur, Administrateur” (deed in French)
- Director resignation, Hamid Fawzi (manager)
- Director appointment, Hamid Fawzi (administrateur non statutaire)
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21903B0018/00S003 | Brussels | 493 m² | 1 · 498 m² | 20.9 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L'exercice d'une entreprise de taxis et de transport de personnes ou autres,de location de voitures; L'exploitation de garages et ateliers…” (deed in French)
3 activities (deed in French)
- L'exercice d'une entreprise de taxis et de transport de personnes ou autres,de location de voitures
- L'exploitation de garages et ateliers de réparations mécaniques,de carrosserie et de peinture pour véhicules
- L'activité permettant d'acquérir,aliéner,faire apport,diviser,donner ou prendre en location,échanger,détenir,exploiter,mettre en valeur,entretenir,réparer tous biens ou droits immobiliers généralement quelconques
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- TAXIS HAMID FAWZI & CIE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, un ou plusieurs” (deed in French)“Ceux que loi et statuts réservent à assemblée générale, chaque administrateur agissant seul peut accomplir tous actes nécessaires ou utiles…” (deed in French)“Gérant, sauf décision contraire de assemblée générale” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Tuesday of May at 18:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)