TH Trucks Brussel

Active

Public limited companyfounded 2000active for 26 yearsBruggesteenweg 249, 8830 Hooglede, Belgium15 active companies are registered at this addressKBO/BCE: BE 0469.154.257

Summary

TH Trucks Brussel has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €650,600 and a net result of €258,955. Equity remains stable across the filed financial years (±1.3% per year). Its solvency ranks better than 41% of 5,007 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow Report Compare

TH Trucks BrusselActiveChecked score 86/100

Risk analysis Report Compare

Activity

Retail sale of cars and light vans (up to 3.5 tonnes)

NACE 47811Wholesale trade NACE 46712

5th largest employer in Hooglede, Wholesale and retail trade sector1 site

Size

€10.2mturnover 2025

Staff: 24.6 FTE
Equity: €650,600
Profit: €258,955

Financial health

86 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Structure

Parent: TH Trucks Belux · 99.2%
Board: 4 members

Bart DobbelsManaging director

Auditor: CALLENS VANDELANOTTEAccounts 46 days early1 of 12 deeds read

Why 86raises riskSector: Retail trade (NACE 47)Liquidity: current ratio 1.62, cash €35,458lowers riskFounded in 2000Profit of €258,955 (financial year 2025)Show the evidence

Checked score

Score 2025

86 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 44% of its sector peers (NACE 47, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 54+14

equity 28.7% of total assets

Liquidity 23+5

short-term debt 56.9% · cash 1.6%

Profitability 68+28

return on assets 11.4%

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 0.4% (3,692 companies, NACE 47, small)

Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.5%▲ +0.1 percentage points vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.6%▲ +0.1 percentage points vs 05-2025 07-2025: 0.9%▲ +0.3 percentage points vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 1.5%▲ +0.6 percentage points vs 07-2026 09-2026: 1.8%▲ +0.3 percentage points vs 08-2026highest value 10-2026: 0.2%▼ -1.6 percentage points vs 09-2026lowest value

Credit of up to €55,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.62, compared with 1.51 in 2024, above the usual 1.5; short-term debt: 56.9% and cash: 1.6% of total assets), but 71.3% 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 47, small): better than 48% on solvency, 21% on liquidity, 51% on profitability and 58% 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

Founded in 2000

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Profit of €258,955 (financial year 2025)

NBB · annual accounts

Sector: Retail trade (NACE 47)

KBO

Liquidity: current ratio 1.62, cash €35,458

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

46 days early

2024

37 days early

2023

35 days early

2022

31 days early

2021

33 days early

2020

38 days early

2019

42 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 37 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)

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 27 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

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

15-06-2026 Annual accounts filedfinancial year 2025 · full…
24-06-2025 Annual accounts filedfinancial year 2024 · full…
16-08-2024 Resignations: TURBO'S HOET GROUP, Piet Wauters…Reappointments: TURBO'S HOET GROUP, Piet…

Key points

Positive: Result rose in 2025from €54,339 to €258,955 ▲ 377% View
Positive: 5th largest employer in Hooglede, Wholesale and retail trade sectorin the Checked rankings No. 5 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: €258,955 8 years View
Controlled by TH Trucks Beluxknown shareholders 100% 99.2% View

By topic

Financials

Financial year: 2025
Turnover: €10.2m
Profit: €258,955
Solvency: 28.7%

Turnover▲ 22.5%

Net result

20182025

Go to Financials

Board & ownership

Board: 4 members
Parent: TH Trucks Belux · 99.2%
Known shareholders: 100%
Auditor: CALLENS VANDELANOTTE

Bart DobbelsManaging director
Inge HoetDirector
Piet WautersManaging director
TURBO'S HOET GROUPDirector

Go to Board & ownership

Network & group

Group: TURBO'S HOET GROUP
Connected companies: 13

Go to Network & group

Timeline

Events: 29
Since: 2001
Next accounts: by 31-07-2027

26-06-2024Annual accounts filed
30-06-2023Annual accounts filed
28-06-2022Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Retail sale of cars and light vans (up…NACE 47811
Founded: 11-01-2000
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 20

Annual meeting: Last Friday of May at 15:50
Purpose: “Investeren in de automobielwereld,dit door onder meer het mede investeren in andere…” (deed in Dutch)

Go to Articles of association

Key facts about TH Trucks Brussel

What is the company number of TH Trucks Brussel?: 0469.154.257. In Belgium the VAT number is the company number with BE in front: BE 0469.154.257.
Where is TH Trucks Brussel based?: The registered office is at Bruggesteenweg 249, 8830 Hooglede.Company details
What does TH Trucks Brussel do?: According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of TH Trucks Brussel?: Public limited company (NV).
When was TH Trucks Brussel founded?: On 11-01-2000.
Is TH Trucks Brussel still active?: Yes, TH Trucks Brussel is an active enterprise in the KBO register.
How many employees does TH Trucks Brussel have?: On average 24.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of TH Trucks Brussel?: €10.2m in financial year 2025, according to the filed annual accounts.
Is TH Trucks Brussel profitable?: In financial year 2025, TH Trucks Brussel made a profit of €258,955.
Where can I find the annual accounts of TH Trucks Brussel?: TH Trucks Brussel filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TH Trucks Brussel due?: By 31-07-2027, for financial year 2026.Timeline