THALIX
ActiveSummary
The annual accounts of THALIX for fiscal year 2025 show a net loss of 71% of the equity at the start of that year. The 2025 annual accounts show equity of €5,017 and a net result of -€12,247. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 32023 sector peers (fiscal year 2025). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability13▼-59
Solvency27▼-5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.1 against 0.15 in 2024; short-term debt: 98% and cash: 1.9% of total assets), and 98% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
2%
Return on assets
-4.9%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 32023 sector peers (2025).
NBB · sector comparisonPosition among 32023 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-01-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
45 d early
2023
57 d early
2022
5 d early
2021
46 d early
2020
41 d early
2019
1 d 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 29 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 17 December (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?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 How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€5,017▼ 70.9%
2024 · €17,265
Total assets
€249,034▲ 0.9%
2024 · €246,873
Net result
-€12,247
2024 · €6,327
Working capital
-€219,992▼ 12.6%
2024 · -€195,309
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€3,475-€7,727▼ 122%€2,826€6,824▲ 142%-€11,789
Net result-€3,631below the sector's middle half-€8,611below the sector's middle half▼ 137%€2,296below the sector's middle half€6,327within the sector's middle half▲ 176%-€12,247below the sector's middle half
Equity€17,252below the sector's middle half▼ 17.4%€8,641below the sector's middle half▼ 49.9%€10,937below the sector's middle half▲ 26.6%€17,265below the sector's middle half▲ 57.9%€5,017below the sector's middle half▼ 70.9%
Total assets€262,283within the sector's middle half▼ 3.3%€243,843within the sector's middle half▼ 7.0%€245,822within the sector's middle half▲ 0.8%€246,873within the sector's middle half▲ 0.4%€249,034within the sector's middle half▲ 0.9%
Debt€245,032▼ 2.1%€235,202▼ 4.0%€234,885▼ 0.1%€229,608▼ 2.2%€244,017▲ 6.3%
Working capital€33,693within the sector's middle half▼ 23.8%-€211,978below the sector's middle half-€206,495below the sector's middle half▲ 2.6%-€195,309below the sector's middle half▲ 5.4%-€219,992below the sector's middle half▼ 12.6%
Solvency6.6%below the sector's middle half▼ 1.1pp3.5%below the sector's middle half▼ 3.0pp4.4%below the sector's middle half▲ 0.9pp7.0%below the sector's middle half▲ 2.5pp2.0%below the sector's middle half▼ 5.0pp
Current ratio8.62above the sector's middle half▼ 4.790.10below the sector's middle half▼ 8.520.12below the sector's middle half▲ 0.020.15below the sector's middle half▲ 0.030.10below the sector's middle half▼ 0.05
Return on assets (ROA)-1.4%below the sector's middle half▼ 8.2pp-3.5%below the sector's middle half▼ 2.1pp0.9%below the sector's middle half▲ 4.5pp2.6%within the sector's middle half▲ 1.6pp-4.9%below the sector's middle half▼ 7.5pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11,789 after €6,824 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €249,034
Fixed assets
€225,009 ▲ 5.8%
Current assets
€24,025 ▼ 30.0%
Equity and liabilities €249,034
Equity
€5,017 ▼ 70.9%
Debt
€244,017 ▲ 6.3%
Debt's share of the balance-sheet total rises from 93.0% to 98.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€10,713▼
2024 · €11,682
Cash flow
-€11,171▼
2024 · €11,185
Quick ratio
0.05▼
2024 · 0.10
Debt to equity
48.63▲
2024 · 13.30
ROE
-244.1%▼
2024 · 36.6%
Interest coverage
-55.93▼
2024 · 68.68
Debt ≤ 1 year
€244,017▲
2024 · €229,608
Income taxes
€338▲
2024 · €338
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 974 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a small loss
2.3%
went bankrupt
4.5%
stopped otherwise
93%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 974 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,412 | €4,706 | €4,857 | €4,858 | €1,077 | ▼ 77.8% |
| Other operating charges640/8 | - | €2,496 | €2,369 | €2,390 | €2,734 | ▲ 14.4% |
| Gross operating margin9900 | €18,050 | -€525 | €10,052 | €14,072 | -€7,979 | ▼ 157% |
| Operating profit (loss)9901 | -€3,475 | -€7,727 | €2,826 | €6,824 | -€11,789 | ▼ 273% |
| Financial income75/76B | - | €0 | €0 | €11 | €72 | ▲ 545% |
| Recurring financial income75 | €1 | €0 | €0 | €11 | €72 | ▲ 545% |
| Financial charges65/66B | - | €159 | €186 | €170 | €192 | ▲ 12.6% |
| Recurring financial charges65 | €158 | €159 | €186 | €170 | €192 | ▲ 12.6% |
| Profit (loss) for the period before taxes9903 | -€3,631 | -€7,885 | €2,640 | €6,665 | -€11,909 | ▼ 279% |
| Income taxes67/77 | - | €725 | €343 | €338 | €338 | ▲ 0.2% |
| Profit (loss) for the period9904 | -€3,631 | -€8,611 | €2,296 | €6,327 | -€12,247 | ▼ 294% |
| Profit (loss) for the period to be appropriated9905 | -€3,631 | -€8,611 | €2,296 | €6,327 | -€12,247 | ▼ 294% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €262,283 | €243,843 | €245,822 | €246,873 | €249,034 | ▲ 0.9% |
| Fixed assets21/28 | €224,166 | €220,619 | €217,432 | €212,574 | €225,009 | ▲ 5.8% |
| Tangible fixed assets22/27 | €222,916 | €219,369 | €216,182 | €211,324 | €225,009 | ▲ 6.5% |
| Land and buildings22 | - | €205,570 | €207,240 | €207,240 | €214,840 | ▲ 3.7% |
| Plant, machinery and equipment23 | - | €1,759 | €1,322 | €884 | €3,307 | ▲ 274% |
| Furniture and vehicles24 | - | €8,840 | €4,420 | €0 | €3,662 | - |
| Other tangible fixed assets26 | - | €3,200 | €3,200 | €3,200 | €3,200 | = |
| Financial fixed assets28 | €1,250 | €1,250 | €1,250 | €1,250 | €0 | ▼ 100% |
| Current assets29/58 | €38,117 | €23,224 | €28,390 | €34,298 | €24,025 | ▼ 30.0% |
| Stocks and contracts in progress3 | €10,288 | €11,238 | €11,238 | €11,238 | €11,238 | = |
| Stocks30/36 | - | €11,238 | €11,238 | €11,238 | €11,238 | = |
| Amounts receivable within one year40/41 | €1,179 | €2,505 | €2,094 | €3,193 | €1,673 | ▼ 47.6% |
| Trade receivables40 | - | €1,900 | €2,094 | €1,884 | €384 | ▼ 79.6% |
| Other amounts receivable41 | - | €605 | €0 | €1,309 | €1,289 | ▼ 1.5% |
| Cash at bank and in hand54/58 | €22,722 | €5,421 | €8,986 | €18,085 | €4,648 | ▼ 74.3% |
| Deferred charges and accrued income490/1 | - | €4,059 | €6,072 | €1,782 | €6,466 | ▲ 263% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €262,283 | €243,843 | €245,822 | €246,873 | €249,034 | ▲ 0.9% |
| Equity10/15 | €17,252 | €8,641 | €10,937 | €17,265 | €5,017 | ▼ 70.9% |
| Contributions10/11 | - | €90,000 | €90,000 | €90,000 | €90,000 | = |
| Reserves13 | €3,858 | €3,858 | €3,858 | €3,858 | €3,858 | = |
| Non-distributable reserves130/1 | - | €3,858 | €3,858 | €0 | - | - |
| Reserves not available under the articles1311 | - | €3,858 | €3,858 | €0 | - | - |
| Distributable reserves133 | - | - | - | €3,858 | €3,858 | = |
| Profit (loss) carried forward14 | -€76,606 | -€85,217 | -€82,921 | -€76,593 | -€88,841 | ▼ 16.0% |
| Amounts payable17/49 | €245,032 | €235,202 | €234,885 | €229,608 | €244,017 | ▲ 6.3% |
| Amounts payable after more than one year17 | €240,608 | - | - | - | - | - |
| Amounts payable within one year42/48 | €4,424 | €235,202 | €234,885 | €229,608 | €244,017 | ▲ 6.3% |
| Trade debts44 | €1,549 | €3,106 | €2,159 | €2,735 | €2,626 | ▼ 4.0% |
| Suppliers440/4 | - | €3,106 | €2,159 | €2,735 | €2,626 | ▼ 4.0% |
| Taxes, remuneration and social security45 | - | €3,931 | €1,564 | €999 | €972 | ▼ 2.7% |
| Taxes450/3 | - | €3,931 | €1,564 | €999 | €972 | ▼ 2.7% |
| Other amounts payable47/48 | - | €228,165 | €231,162 | €225,874 | €240,419 | ▲ 6.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,631 | -€8,611 | €2,296 | €6,327 | -€12,247 | ▼ 294% |
| + Depreciation and write-downs630 | €19,412 | €4,706 | €4,857 | €4,858 | €1,077 | ▼ 77.8% |
| Operating cash flow (approximation) | €15,780 | -€3,904 | €7,154 | €11,185 | -€11,171 | ▼ 200% |
| Investment in fixed assets (approximation) | - | -€1,159 | -€1,670 | €0 | -€13,511 | - |
| Change in cash | - | -€17,301 | €3,565 | €9,099 | -€13,437 | ▼ 248% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet -€12,247
Net result drops to -€12,247, the lowest in the series.
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
05-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Back to profitnet €2,296
Net result €2,296 after 2 loss-making years.
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
16-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Back to profitnet €18,580
Net result €18,580 after one loss-making year.
30-06
Financial
Liquidity times 9current ratio 13.40
Current ratio from 1.54 to 13.40; short-term debt falls from €19,847 to €3,563.
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lievegem · 1 establishment unit since 1997
Ground area
1,130 m²
Building footprint
344 m²
Volume, LiDAR
1,261 m³
Parcel 44036A1550/00H000, Flanders · tallest building 6.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Beekstraat 35, 9920 Lievegem
since 19972.081.570.708
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44036A1550/00H000 | Flanders | 1,130 m² | 1 · 344 m² | 6.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
VIDA
BE 0743.470.653
Liège · Eq €5,018
KERCOW DIGITAL
BE 0782.262.933
Brugge · Eq €5,015
THINK²
BE 0508.787.665
Grez-Doiceau · Eq €5,014
ARKANGE
BE 0805.022.596
Anderlecht · Eq €5,022
CAPA Consulting
BE 1022.648.333
Zedelgem · Eq €5,011
Of 82,601 companies in sector 70200 we hold annual accounts for 52,615. 15,624 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-03-1997
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0460206305
Registered
28-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.