THAPA & SONS
ActiveTHAPA & SONS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-61k) and a net result of €-1k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 18016 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
10
/ 100
Critical▲ +2 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▲+11
Solvency33=
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.24 against 0.25 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
-320.4%
Return on assets
-7%
Age of the figures
17 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€61k
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-11-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
119 d late
2023
58 d late
2022
29 d late
2021
52 d late
2020
73 d late
2019
186 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close14-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-61k▼ 2.2%
2024 · €-59k
2019: €15k
2020: €2k
2021: €-22k
2022: €-16k
2023: €-67k
2024: €-59k
2019 → 2025
Total assets
€19k▼ 4.6%
2024 · €20k
2019: €29k
2020: €27k
2021: €24k
2022: €35k
2023: €18k
2024: €20k
2019 → 2025
Net result
€-1k
2024 · €7k
2019: €907
2020: €-13k
2021: €-24k
2022: €6k
2023: €-51k
2024: €7k
2019 → 2025
Working capital
€-61k▼ 2.2%
2024 · €-59k
2019: €15k
2020: €2k
2021: €-22k
2022: €-16k
2023: €-67k
2024: €-59k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-22k-€-16k▲ 26.3%€-67k▼ 312%€-59k▲ 11.2%€-61k▼ 2.2%
Operating result€-22k-€8k€-49k€9k€890▼ 90.6%
Net result€-24k-€6k€-51k€7k€-1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 91% below 2024.
Key figures and ratios
Solvency
-320.4%▼
2024 · -299.0%
Current ratio
0.24▼
2024 · 0.25
Quick ratio
0.05▼
2024 · 0.07
Debt / equity
-1.31▲
2024 · -1.33
ROE
2.2%▲
2024 · -12.6%
ROA
-7.0%▼
2024 · 37.6%
Debt
€80k▲
2024 · €79k
Debt ≤ 1 year
€80k▲
2024 · €79k
Staff costs
€249▼
2024 · €412
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€20k€19k▼
Current assets29/58€20k€19k▼
Stocks and contracts in progress3€14k€15k▲
Stocks30/36€14k€15k▲
Amounts receivable within one year40/41€5k€2k▼
Trade receivables40€4k€2k▼
Other amounts receivable41€987-
Cash at bank and in hand54/58€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€20k€19k▼
Equity10/15€-59k€-61k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€-80k€-81k▼
Amounts payable17/49€79k€80k▲
Amounts payable within one year42/48€79k€80k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€25k€4k▼
Taxes450/3€1k€4k▲
Remuneration and social security454/9€24k-
Other amounts payable47/48€51k€74k▲
Income statement
Code20242025
Remuneration, social security and pensions62€412€249▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€12k€4k▼
Operating profit (loss)9901€9k€890▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€7k€-1k▼
Profit (loss) for the period9904€7k€-1k▼
Profit (loss) for the period to be appropriated9905€7k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-80k€-81k▼
Profit (loss) brought forward from the previous period14P€-87k€-80k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
27-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 119 days late
2024
31-03
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
2023
28-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
31-03
Financial
Weakest financial yearnet €-51k ▼977%
Net result drops to €-51k, the lowest in the series; recovery starts the following year.
2022
29-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
31-03
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 52 days late
12-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 73 days late
2020
04-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 186 days late
2018
27-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 57 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2015
30-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lange Leemstraat 1532018 AntwerpenGround area
172 m²
Building footprint
172 m²
Volume, LiDAR
2,285 m³
Parcel 11806F1245/00E004, Flanders · tallest building 16.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Tapa & sons
since 20072.165.608.340
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1245/00E004 | Flanders | 172 m² | 1 · 172 m² | 16.8 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.165.608.340
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Of 10,411 companies in sector 47110 we hold annual accounts for 5,787. 1,392 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-05-2007
Fiscal year end31-03
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
52112
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.