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Téthys Naval

Active
Private limited companyfounded 2023active for 3 yearsSint-Michielslaan 47, 1040 Etterbeek, BelgiumKBO/BCE: BE 0801.551.085
Summary

Téthys Naval has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show negative equity (-€78,147) and a net result of -€33,186. Its solvency ranks better than 5% of 445 sector peers (NACE 69, financial year 2026). The computed 12-month bankruptcy probability is 0.5% (low).

Overview

Official details

Source: KBO
Status
Active since 08-05-2023 Normal situation
Registered office
55 active companies are registered at this address 3 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity
Other legal services NACE 69109
Establishment unit
2.345.572.935 1040 Etterbeek, since 10-05-2023
Financial year end
31 March
Peppol
Reachable since 23-10-2025

Board and ownership

Board

Financial position

52 Fair Checked score 2026
Bankruptcy probabilitywithin 12 months
0.5%
Annual accounts to 31-03-2026
Gross margin
-€27,687
▲ 39.9%
Loss
€33,186
▼ 33.6%
Equity
-€78,147
▼ 73.8%
Total assets
€55,618
▲ 540%
Staff
≈ 0 FTE
estimated
  • Negative equity on 31-03-2026
Turnover not published (micro format)
Score breakdownraises riskCapped at 59: negative equityNegative equity -€78,147Loss of €33,186, the second in a row (financial year 2026)lowers riskSector: Legal and accounting activities (NACE 69)Figures for financial year 2026 (filed on 17-10-2026)Show the evidence

Checked score

Score 2026
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 3% of micro companies in legal and accounting (NACE 69)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2025
Weak
Solvency 0=
equity -140.5% of total assets
Liquidity 4-46
short-term debt 213.3% · cash 3.6%
Profitability 0=
return on assets -59.7%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (20,087 companies, NACE 69, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.2%▼ -0.3 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026lowest value 05-2026: 0.2%● unchanged vs 04-2026lowest value 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.5%▲ +0.3 percentage points vs 09-2026highest value 11-2026: 0.5%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.22 (0.14 in 2025), below 1. Short-term debt is 213.3% and cash 3.6% of total assets. Equity is negative.
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 69, micro). It does better than 1% of them on solvency, 1% on liquidity, 1% on profitability and 7% on growth.

The bankruptcy probability was computed on 01-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
raises risk · Negative equity -€78,147
NBB · annual accounts
raises risk · Loss of €33,186, the second in a row (financial year 2026)
NBB · annual accounts
lowers risk · Figures for financial year 2026 (filed on 17-10-2026)
NBB · annual accounts
raises risk · Negative equity
The 2026 annual accounts show negative equity and a net loss.
NBB · annual accounts 2026
Equity per financial year
2526
2025 to 2026 · latest year -€78,147
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 16-10-2026, 15 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2026
15 days early
2025
78 days early
← before the deadline after the deadline →
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2026 -€78,147 View
  • Caution: Lower solvency than 95% of companies in legal and accountingsector median 62.5% · 445 companies -140.5% View

Recent changes

  1. · Gazette deed IncorporationStarting capital €5,000 · Appointment: HERMES Philipp (director)
All 3 events

Comparable companies

These companies have the same main activity as Téthys Naval: other legal services (NACE 69109). They are comparable in size and age: total assets between €42,300 and €73,100, founded between 2022 and 2024.

CompanyTotal assetsGross margin
Téthys Naval Etterbeek€55,618-€27,687
August14 Antwerpen€53,452-€1,881
KG Legal Consulting La Louvière€49,684-€24,615
ANTOINE DEBOUCHE MANAGEMENT Le Roeulx€54,665€943
Ariane Lonmon Sint-Gillis (bij-Brussel)€63,131-€864
Stimaa-Legal Schaarbeek€42,255-€3,181
ANN GREGOOR Zele€73,146-€8,682
Full comparison

Key facts about Téthys Naval

What is the company number of Téthys Naval?
The company number of Téthys Naval is 0801.551.085. The VAT number is the same number with BE in front: BE 0801.551.085.
Where is Téthys Naval based?
The registered office is at Sint-Michielslaan 47, 1040 Etterbeek.Company details
What does Téthys Naval do?
According to the KBO register, the main activity is other legal services (NACE 69109).
What is the legal form of Téthys Naval?
The legal form of Téthys Naval is Private limited company (BV).
When was Téthys Naval founded?
Téthys Naval was founded on 08-05-2023.
Is Téthys Naval still active?
Yes, Téthys Naval is an active enterprise in the KBO register.
What is the turnover of Téthys Naval?
The annual accounts for financial year 2026 state no turnover. The micro format does not require it.Financials
Is Téthys Naval profitable?
In financial year 2026, Téthys Naval made a loss of €33,186.
Where can I find the annual accounts of Téthys Naval?
Téthys Naval filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of Téthys Naval due?
Téthys Naval must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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