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TH Trucks Belux

Active
Public limited companyfounded 1968active for 58 yearsBruggesteenweg 249, 8830 Hooglede, Belgium15 active companies are registered at this addressKBO/BCE: BE 0405.217.203
Summary

TH Trucks Belux has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.4m and a net result of €1.4m. Equity remains stable across the filed financial years (±1.7% per year). Its solvency ranks better than 74% of 6,136 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
TH Trucks BeluxActiveChecked score 89/100
Risk analysis ReportCompare

Overview

Activity
Wholesale of cars and light vans (up to 3.5 tonnes)
NACE 46711
6th largest company by equity in Hooglede, Wholesale and retail trade sector1 site
Size
€13.8mtotal assets 2025
Equity
€9.4m
Profit
€1.4m
Financial health
89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
TURBO'S HOET GROUP · 99.71%
Board
4 members
Holdings
11
Auditor: CALLENS VANDELANOTTE2025 accounts 45 days early2 of 16 deeds summarised
Why 89raises riskLiquidity: current ratio 0.01, cash €1,299, halvedlowers riskFounded in 1968Size: total assets €13.8mFigures for financial year 2025 (filed 16-06-2026)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 49% of its sector peers (NACE 46, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 93-7
equity 68.0% of total assets
Liquidity 36-14
short-term debt 31.9% · cash 0.0%
Profitability 64-4
return on assets 10.5%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (746 companies, NACE 46, medium-sized)
Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.2%● unchanged vs 11-2024lowest value 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025highest value 07-2025: 0.2%● unchanged vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 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: 0.2%● unchanged vs 09-2026
Credit of up to €800,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.01, compared with 0.04 in 2024, below 1; short-term debt: 31.9% and cash: 0% of total assets), and 32% 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 46, medium-sized): better than 80% on solvency, 47% on liquidity, 58% on profitability and 10% on growth.

The bankruptcy probability was computed on 23-10-2026 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 riskneutral
raises risk · Liquidity: current ratio 0.01, cash €1,299, halved
NBB · annual accounts
lowers risk · Founded in 1968
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €13.8m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 16-06-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
37 days early
2023
44 days early
2022
32 days early
2021
44 days early
2020
39 days early
2019
43 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 41 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Reappointments: TURBO'S HOET GROUP, Piet Wauters…Permanent representative: Inge Hoet ·…

Key points

  • Positive: Among the best 15% on net resultsector median €112,676 · 6,071 companies €1.4m View
  • Controlled by TURBO'S HOET GROUPknown shareholders 100% 99.71% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €1.4m 8 years View
  • Active since 1968founded 01-01-1968 58 years View

By topic

Financials

Financial year
2025
Total assets
€13.8m
Profit
€1.4m
Solvency
68.0%
Total assets=
Net result
20182025
Go to Financials

Board & ownership

Board
4 members
Parent
TURBO'S HOET GROUP · 99.71%
Known shareholders
100%
Auditor
CALLENS VANDELANOTTE
  • Turbo's Hoet Group NVChair
  • Bart DobbelsManaging director
  • Piet WautersManaging director
  • Tom BamelisDirector
Go to Board & ownership

Network & group

Subsidiaries, all levels
13
Direct holdings
11
Connected companies
4

13 subsidiaries

Go to Network & group

Timeline

Events
52
Since
1978
Next accounts
by 31-07-2027
  1. 17-06-2024Annual accounts filed
  2. 02-04-2024Reappointments: Turbo's Hoet Group NV, Tom Bamelis…
  3. 31-12-2023Highest result from 2018 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Wholesale of cars and light vans (up to…NACE 46711
Founded
01-01-1968
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about TH Trucks Belux

What is the company number of TH Trucks Belux?
0405.217.203. In Belgium the VAT number is the company number with BE in front: BE 0405.217.203.
Where is TH Trucks Belux based?
The registered office is at Bruggesteenweg 249, 8830 Hooglede.Company details
What does TH Trucks Belux do?
According to the KBO register, the main activity is wholesale of cars and light vans (up to 3.5 tonnes) (NACE 46711).
What is the legal form of TH Trucks Belux?
Public limited company (NV).
When was TH Trucks Belux founded?
On 01-01-1968.
Is TH Trucks Belux still active?
Yes, TH Trucks Belux is an active enterprise in the KBO register.
What is the turnover of TH Trucks Belux?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is TH Trucks Belux profitable?
In financial year 2025, TH Trucks Belux made a profit of €1.4m.
Where can I find the annual accounts of TH Trucks Belux?
TH Trucks Belux filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TH Trucks Belux due?
By 31-07-2027, for financial year 2026.Timeline

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?TURBO'S HOET GROUP · 21 companies How does this company compare with its sector?Sector benchmark

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