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THAN

Active
Private limited companyfounded 201114 yrs activeRiet(STE) 61, 9190 Stekene, BelgiumKBO/BCE: BE 0842.191.018

THAN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €14.68M and a net result of €18k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 95% of 7680 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Signals

Three signals. The signal on the left, the evidence on the right.
neutral
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 24-07-2026, 7 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
7 d early
2024
on the day
2023
6 d late
2022
70 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
11-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€14.68M▲ 0.1%
2024 · €14.67M
2022: €14.59M 2023: €14.54M 2024: €14.67M
2022 → 2025
Net result
€18k▼ 85.7%
2024 · €124k
2022: €-30k 2023: €-46k 2024: €124k
2022 → 2025
Total assets
€15.35M▲ 0.3%
2024 · €15.31M
2022: €15.19M 2023: €15.30M 2024: €15.31M
2022 → 2025
Solvency
95.7%▼ 0.1pp
2024 · 95.8%
2022: 96.0% 2023: 95.1% 2024: 95.8%
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€14.59M-€14.54M▼ 0.3%€14.67M▲ 0.8%€14.68M▲ 0.1%
Operating result€-22k-€-20k▲ 8.7%€-95k▼ 370%€44k
Net result€-30k-€-46k▼ 51.4%€124k€18k▼ 85.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€0€100kOperating result 2022: €-22k€-22kNet result 2022: €-30k€-30kOperating result 2023: €-20k€-20kNet result 2023: €-46k€-46kOperating result 2024: €-95k€-95kNet result 2024: €124k€124kOperating result 2025: €44k€44kNet result 2025: €18k€18k2022202320242025
The operating result returns to profit in 2025: €44k after a loss of €95k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15.35M
Fixed assets €15.12M▲ 0.1%
Current assets €228k▲ 14.7%
Equity and liabilities €15.35M
Equity €14.68M▲ 0.1%
Debt €667k▲ 3.6%
The debt ratio rises from 4.2% to 4.3%: debt grows faster than equity.
Key figures and ratios
2025 value · change against 2024
Solvency
95.7%
2024 · 95.8%
ROE
0.1%
2024 · 0.8%
ROA
0.1%
2024 · 0.8%
Debt
€667k
2024 · €644k
Debt ≤ 1 year
€642k
2024 · €612k
Income taxes
€3k
2024 · €1k
Staff costs
€4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€15.31M€15.35M
Fixed assets21/28€15.11M€15.12M
Tangible fixed assets22/27€315k€327k
Land and buildings22€163k€162k
Furniture and vehicles24€83k€100k
Other tangible fixed assets26€69k€65k
Financial fixed assets28€14.80M€14.80M=
Current assets29/58€199k€228k
Amounts receivable within one year40/41€178k€41k
Trade receivables40€20k€13k
Other amounts receivable41€158k€29k
Cash at bank and in hand54/58€17k€183k
Deferred charges and accrued income490/1€4k€5k
Equity and liabilities
Total equity and liabilities10/49€15.31M€15.35M
Equity10/15€14.67M€14.68M
Contributions10/11€14.80M€14.80M=
Profit (loss) carried forward14€-134k€-116k
Amounts payable17/49€644k€667k
Amounts payable within one year42/48€612k€642k
Trade debts44€3k€21k
Suppliers440/4€3k€21k
Taxes, remuneration and social security45€24k€6k
Taxes450/3€24k€3k
Remuneration and social security454/9€0€3k
Other amounts payable47/48€585k€616k
Accrued charges and deferred income492/3€32k€25k
Income statement Code20242025
Remuneration, social security and pensions62-€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€37k
Other operating charges640/8€7k€7k
Gross operating margin9900€-65k€92k
Operating profit (loss)9901€-95k€44k
Financial income75/76B€252k€2k
Recurring financial income75€252k€2k
Financial charges65/66B€32k€25k
Recurring financial charges65€32k€25k
Profit (loss) for the period before taxes9903€125k€21k
Income taxes67/77€1k€3k
Profit (loss) for the period9904€124k€18k
Profit (loss) for the period to be appropriated9905€124k€18k
Appropriation of the result
Profit (loss) to be appropriated9906€-134k€-116k
Profit (loss) brought forward from the previous period14P€-258k€-134k
Social balance
Average headcount (FTE)90870.0-

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €124k
Net result €124k after 2 loss-making years.
06-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 6 days late
2023
31-12
Financial Weakest financial yearnet €-46k
Net result drops to €-46k, the lowest in the series; recovery starts the following year.
09-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 70 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
1 director, last change in 2023
VAN WESEMAEL Boudewijn
Director · since 24-01-2023
Current
24-01-2023 Resigned as Director
24-01-2023 Appointed as Director
Not every act has been read: a resignation may be missing here
4 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Stekene · 1 establishment unit since 2011
exact location from the address register On OpenStreetMap
Ground area
1,670 m²
Building footprint
200 m²
Volume, LiDAR
1,043 m³
Parcel 46322C0202/00D000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Than
Riet(STE) 61, 9190 StekeneActivities of holding companies
since 20112.208.275.670
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46322C0202/00D000 Flanders 1,670 m² 1 · 200 m² 7.5 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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

Of 24,639 companies in sector 64210 we hold annual accounts for 19,694. 4,965 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded28-12-2011
Fiscal year end31-12
Activities, NACEBEL
64210Activities of holding companies
82990Other business support services
64200Holdings
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.