Financials
- Financial year
- 2025
- Total assets
- €42,124
- Profit
- €29,460
- Solvency
- 81.8%
TH Projects
ActiveSummary
TH Projects has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,460 and a net result of €29,460. Its solvency ranks better than 90% of 5,634 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Landscape service activities
NACE 81300
1 site
Size
€42,124total assets 2025
- Equity
- €34,460
- Profit
- €29,460
Turnover not published (micro format)
Why 91raises riskFounded in 2025Size: total assets €42,124lowers riskLiquidity: current ratio 4.96, cash €30,166Equity €34,460 (81.8% of total assets)Show the evidence
Checked score
Score 2025
91
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 93% of its sector peers (NACE 81, micro)
Financial strength
Strong
Solvency
100
equity 81.8% of total assets
Liquidity
95
short-term debt 18.2% · cash 71.6%
Profitability
100
return on assets 69.9%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2026: 2.0%
08-2026: 2.0%● unchanged vs 07-2026highest value
09-2026: 0.3%▼ -1.7 percentage points vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.96, above the usual 1.5; short-term debt: 18.2% and cash: 71.6% of total assets), and 18.2% of the assets are financed with debt and provisions.
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 81, micro): better than 92% on solvency, 94% on liquidity and 92% on profitability.
The bankruptcy probability was computed on 26-10-2026 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
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 8 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-08-2026, 8 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 · 1 filingDeviation from the deadline
2025
8 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: Timon HOOFT (director) ·…
Key points
By topic
Board & ownership
- Board
- 1 member
- Timon HOOFTDirector
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Landscape service activitiesNACE 81300
- Founded
- 05-06-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 28
- Annual meeting
- Last Saturday of June
- Purpose
- “De vennootschap mag alle commerciële,financiële,roerende en onroerende handelingen stellen…” (deed in Dutch)
- Statutory auditor
- No statutory auditor
Key facts about TH Projects
- What is the company number of TH Projects?
- 1024.026.426. In Belgium the VAT number is the company number with BE in front: BE 1024.026.426.
- Where is TH Projects based?
- The registered office is at Bovenstraat 21, 9340 Lede.Company details
- What does TH Projects do?
- According to the KBO register, the main activity is landscape service activities (NACE 81300).
- What is the legal form of TH Projects?
- Private limited company (BV).
- When was TH Projects founded?
- On 05-06-2025.
- Is TH Projects still active?
- Yes, TH Projects is an active enterprise in the KBO register.
- What is the turnover of TH Projects?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is TH Projects profitable?
- In financial year 2025, TH Projects made a profit of €29,460.
- Where can I find the annual accounts of TH Projects?
- TH Projects filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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