Equity
€100,125 ▼ 14.9%
TH-AUTOMATION paid out €23,960 in dividends. That is 371% of the 2025 profit.
TH-AUTOMATION
Lifetime
17 annual accounts with figures on one time axispeak €74,878 (2024)
€67,325▼ 10.1%
lowest -€7,399 (2018)
€6,450▼ 30.2%
peak €117,634 (2024)
€100,125▼ 14.9%
€226,483▲ 7.0%
Board1 name since 2009
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Result from €9,246 to €6,450Dividend €23,960Equity from €117,634 to €100,125Cash from €13,646 to €2,233
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 10,902 companies had the same profile as TH-AUTOMATION has now. Each dot stands for 28 companies, two years later.
95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,902 companies, not a prediction for TH-AUTOMATION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0808845188
Change of role: , from manager to director
“Alle activiteiten in verband met het ontwerp,advies,verkoop,implementatie en onderhoud van geautomatiseerde…” (deed in Dutch) · Gazette deed
First establishment
Beukenstraat 5, Hooglede
Incorporation
published on 14-01-2009 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TH-AUTOMATION Hooglede | €326,608 | €67,325 | 30.7% | - |
| TWI CONSULT & ENGINEERING Bornem | €340,072 | €62,162 | 18.9% | - |
| VAN HEES AUTOMATISERING Turnhout | €348,955 | €56,302 | 32.8% | - |
| M.A.T. SERVICES Bornem | €257,620 | €65,326 | 82.4% | - |
| KOWATEC Kortrijk | €331,646 | €45,817 | 35.6% | - |
| SOLID CONSTRUCTIONS Ardooie | €438,864 | €56,504 | 34.1% | - |
| MNEMONIC Zulte | €349,636 | €89,595 | 84.6% | - |
These companies have the same main activity as TH-AUTOMATION: installation of industrial machinery and equipment (NACE 33200). They are comparable in size and age: total assets between €258,000 and €439,000, founded between 2008 and 2011.
Official details
Source: KBO- Status
- Active since 30-12-2008Normal situation
- Activity
- Installation of industrial machinery and equipmentNACE 33200and 3 others
- Establishment unit
- 2.175.447.4078830 Hooglede, since 01-01-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 09-12-2025
Insights on TH-AUTOMATION
TH-AUTOMATION files the micro format. That format states no turnover. The gross margin rose from €44,122 in 2009 to €67,325 in 2025.
The balance sheet grew most from 2019 to 2021 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about TH-AUTOMATION
- What is the company number of TH-AUTOMATION?
- The company number of TH-AUTOMATION is 0808.845.188. The VAT number is the same number with BE in front: BE 0808.845.188.
- Where is TH-AUTOMATION based?
- The registered office is at Beukenstraat 5, 8830 Hooglede.Company details
- What does TH-AUTOMATION do?
- According to the KBO register, the main activity is installation of industrial machinery and equipment (NACE 33200).
- What is the legal form of TH-AUTOMATION?
- TH-AUTOMATION is a private limited company (BV).
- When was TH-AUTOMATION founded?
- TH-AUTOMATION was founded on 30-12-2008.
- Is TH-AUTOMATION still active?
- Yes, TH-AUTOMATION is an active enterprise in the KBO register.
- What is the turnover of TH-AUTOMATION?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €67,325 and 2,666 comparable companies of the same size. It probably lies between €130,000 and €350,000. It is a rough estimate.Financials
- Is TH-AUTOMATION profitable?
- In financial year 2025, TH-AUTOMATION made a profit of €6,450.
- Where can I find the annual accounts of TH-AUTOMATION?
- TH-AUTOMATION filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TH-AUTOMATION due?
- TH-AUTOMATION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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