Equity
€103,634 ▲ 0.6%
TH Technics has made a profit without a break since 2022.
TH Technics
Lifetime
18 annual accounts with figures on one time axis, 24 filings since 2000peak €68,346 (2019)
€35,039▼ 48.1%
lowest -€2,384 (2021)
€578▼ 96.9%
peak €103,634 (2025)
€103,634▲ 0.6%
€261,247▼ 9.8%
Board3 names since 2018
1 director
Documentsfilings and deeds
20-08-202620 days late
2025micro format
Gross margin from €67,515 to €35,039Result from €18,472 to €578Cash from €115,227 to €30,481
Key points
from the 2025 annual accountsTurnover
≈ €160,000 estimated
The micro format states no turnover.
Debts
€261,247 72% of the balance sheet
Financial debts 72%Suppliers 21%Taxes and wages 3%Other 4%
Of this, €71,941 falls due within a year.
Liquidity
3.73 was 2.95 in 2024
Short-term debts fell from €90,604 to €71,941.
Filings
24 annual accounts since 2000
Nine of the last ten came late. The 2015 accounts came latest: 352 days after the end of the period.
Position in the sector
€364,881
Larger balance sheet than 80% of companies in specialised construction. Sector median €139,517 · 37,244 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,986 companies had the same profile as TH Technics has now. Each dot stands for 10 companies, two years later.
96.4%
were still trading
2.4%
stopped another way
1.1%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 3,986 companies, not a prediction for TH Technics. 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 0208:0467524261
Company renamed from ELECTRO SATELITE to TH Technics
Resignation: (manager) · Reappointment: (director) · Director discharge: · Gazette deed
Registered office moved from Overpelt to Houthalen-Helchteren
New registered office: Sonnisstraat 85, 3530 Houthalen-Helchteren · Previous registered office: Astridlaan 118, 3900 Overpelt · Resignations: (manager) and (manager) · General meeting of 05-12-2018 · Gazette deed
First establishment
Sonnisstraat 85, Houthalen-Helchteren
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| TH Technics Houthalen-Helchteren | €364,881 | €35,039 | 28.4% | - |
| CLAEYS VERLICHTING Avelgem | €356,798 | €37,103 | 42.7% | 1 |
| ELECTRO I & S Antwerp | €349,982 | €40,172 | 36.5% | - |
| ALMALIS Flémalle | €437,862 | €35,687 | 16.9% | - |
| BenK Strauven Sint-Truiden | €413,239 | €39,002 | 57.8% | - |
| TELEMATIC Genk | €355,860 | €44,517 | 64.4% | - |
| GIRAMA Maaseik | €503,251 | €41,748 | 40.5% | - |
These companies have the same main activity as TH Technics: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €350,000 and €503,000, founded between 1995 and 2004.
Official details
Source: KBO- Status
- Active since 30-11-1999Normal situation
- Activity
- General electrical installation workNACE 43211
- Establishment unit
- 2.097.054.3813530 Houthalen-Helchteren, since 13-01-2000
- Financial year end
- 31 December
- Peppol
- Reachable since 31-03-2025
Insights on TH Technics
TH Technics files the micro format. That format states no turnover. The gross margin rose from €10,328 in 2006 to €35,039 in 2025.
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 Technics
- What is the company number of TH Technics?
- The company number of TH Technics is 0467.524.261. The VAT number is the same number with BE in front: BE 0467.524.261.
- Where is TH Technics based?
- The registered office is at Sonnisstraat 85, 3530 Houthalen-Helchteren.Company details
- What does TH Technics do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of TH Technics?
- TH Technics is a private limited company (BV).
- When was TH Technics founded?
- TH Technics was founded on 30-11-1999.
- Is TH Technics still active?
- Yes, TH Technics is an active enterprise in the KBO register.
- What is the turnover of TH Technics?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €35,039 and 51 comparable companies (NACE 43211). It probably lies between €110,000 and €250,000.Financials
- Is TH Technics profitable?
- In financial year 2025, TH Technics made a profit of €578.
- Where can I find the annual accounts of TH Technics?
- TH Technics filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of TH Technics due?
- TH Technics must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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