T&H Services
ActiveT&H Services has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37k and a net result of €8k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▼-16
Solvency30▲+1
Growth52▼-6
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.1 against 1.07 in 2024; short-term debt: 47.4% and cash: 0.1% of total assets), and 95.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Ten 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
4.7%
Return on assets
1%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 17022 sector peers (2025).
NBB · sector comparisonPosition among 17022 sector peers
Solvency
better than 11%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €37k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
51 d early
2023
19 d early
2022
70 d late
2021
45 d early
2020
9 d early
2019
18 d late
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€37k▲ 26.2%
2024 · €29k
2018: €31k
2019: €9k
2020: €5k
2021: €16k
2022: €3k
2023: €7k
2024: €29k
2018 → 2025
Total assets
€797k▲ 0.7%
2024 · €791k
2018: €94k
2019: €159k
2020: €124k
2021: €178k
2022: €657k
2023: €720k
2024: €791k
2018 → 2025
Net result
€8k▼ 65.9%
2024 · €23k
2018: €17k
2019: €-22k
2020: €-4k
2021: €12k
2022: €-14k
2023: €4k
2024: €23k
2018 → 2025
Working capital
€38k▲ 40.1%
2024 · €27k
2018: €14k
2019: €-36k
2020: €-42k
2021: €-33k
2022: €-13k
2023: €35k
2024: €27k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€16k-€3k▼ 82.7%€7k▲ 140%€29k▲ 333%€37k▲ 26.2%
Operating result€19k-€-1k€20k€56k▲ 180%€30k▼ 47.2%
Net result€12k-€-14k€4k€23k▲ 471%€8k▼ 65.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 47% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €797k
Fixed assets
€380k▼ 3.0%
Current assets
€416k▲ 4.4%
Equity and liabilities €797k
Equity
€37k▲ 26.2%
Debt
€759k▼ 0.3%
The debt ratio falls from 96.3% to 95.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€58k▼
2024 · €88k
Cash flow
€36k▼
2024 · €55k
Solvency
4.7%▲
2024 · 3.7%
Current ratio
1.10▲
2024 · 1.07
Quick ratio
0.32▼
2024 · 0.37
Debt / equity
20.40▼
2024 · 25.81
ROE
20.8%▼
2024 · 76.9%
ROA
1.0%▼
2024 · 2.9%
Interest coverage
3.88▼
2024 · 5.46
Debt
€759k▼
2024 · €761k
Debt ≤ 1 year
€378k▲
2024 · €371k
Debt > 1 year
€382k▼
2024 · €390k
Income taxes
€7k▼
2024 · €17k
Staff costs
€97k▲
2024 · €89k
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€791k€797k▲
Fixed assets21/28€392k€380k▼
Tangible fixed assets22/27€392k€380k▼
Land and buildings22€364k€354k▼
Plant, machinery and equipment23€8k€7k▼
Furniture and vehicles24€19k€19k▼
Financial fixed assets28€496€496=
Current assets29/58€399k€416k▲
Stocks and contracts in progress3€261k€294k▲
Stocks30/36€261k€294k▲
Amounts receivable within one year40/41€131k€103k▼
Trade receivables40€131k€103k▼
Other amounts receivable41-€645
Cash at bank and in hand54/58€6k€1k▼
Deferred charges and accrued income490/1-€18k
Equity and liabilities
Total equity and liabilities10/49€791k€797k▲
Equity10/15€29k€37k▲
Contributions10/11€8k€8k=
Profit (loss) carried forward14€21k€29k▲
Amounts payable17/49€761k€759k▼
Amounts payable after more than one year17€390k€382k▼
Financial debts170/4€390k€382k▼
Amounts payable within one year42/48€371k€378k▲
Current portion of amounts payable after more than one year42€108k€87k▼
Financial debts43€25k€25k=
Credit institutions430/8€25k€25k=
Trade debts44€25k€18k▼
Suppliers440/4€25k€18k▼
Advances received on contracts in progress46€109k€128k▲
Taxes, remuneration and social security45€94k€108k▲
Taxes450/3€75k€87k▲
Remuneration and social security454/9€19k€21k▲
Other amounts payable47/48€9k€13k▲
Income statement
Code20242025
Remuneration, social security and pensions62€89k€97k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€28k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€181k€157k▼
Operating profit (loss)9901€56k€30k▼
Financial income75/76B€73€26▼
Recurring financial income75€73€26▼
Financial charges65/66B€16k€15k▼
Recurring financial charges65€16k€15k▼
Profit (loss) for the period before taxes9903€40k€15k▼
Income taxes67/77€17k€7k▼
Profit (loss) for the period9904€23k€8k▼
Profit (loss) for the period to be appropriated9905€23k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€29k▲
Profit (loss) brought forward from the previous period14P€-1k€21k▲
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €23k ▲471%
Operating result €56k, net result €23k, both a record.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
16-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €12k
Net result €12k after 2 loss-making years.
21-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 18 days late
2019
30-09
Financial
Weakest financial yearnet €-22k ▼226%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
29-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Ukkel · 3 establishment units since 2013
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.
Directoirelaan 501180 UkkelGround area
2,198 m²
Building footprint
395 m²
Volume, LiDAR
3,666 m³
3 parcels, Brussels, Wallonia · tallest building 14.0 m, ±4 floors. Linked by address, not a title deed.
3 establishment units
T&H Services
since 20132.222.510.817
Waterloosesteenweg 1488, 1180 Ukkel
since 20162.263.598.928
T&H SERVICES
since 20232.346.821.661
3 parcels
Wallonia
1
(33.3%)
Brussels
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25762H0884/00A000 | Wallonia | 1,307 m² | 1 · 141 m² | 11.7 m · 2 fl. |
| 21614H0009/00R008 | Brussels | 539 m² | 1 · 160 m² | 14.0 m · 4 fl. |
| 21612D0490/00F024 | Brussels | 352 m² | 1 · 95 m² | 12.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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AERIAL CONSULT
BE 0822.087.866
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HILLTECH
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Of 16,886 companies in sector 62100 we hold annual accounts for 8,777. 6,596 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-07-2013
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
47120Other non-specialised retail sale
47910Retail trade
58290Other software publishing
62020IT consultancy
62200Computer consultancy and computer facilities management
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
77330Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:tudor.ciobanu@thservices.be
Phone:0472281598