Losses
-€668,945 in nine years
Every financial year from 2017 to 2025 closed with a loss. 2018 was the heaviest.
THB14
Part of the group
15 companies
Lifetime
9 annual accounts with figures on one time axispeak €87,732 (2022)
€76,091▲ €76,098
lowest -€149,367 (2018)
-€20,966▼ €19,646
peak €212,246 (2023)
€189,960▼ 9.9%
€339,289▲ 65×
peak 9.3 FTE (2019)
-not published
Board2 names since 2017
2 directors and 1 other
Owners
100%
Documentsfilings and deeds
12-08-202612 days late
2025micro format
Gross margin from -€7 to €76,091Loss of €20,966Debts from €5,236 to €339,289Investments €296,171
Key points
from the 2025 annual accountsInvestments
€295,649 43.5 × depreciation
Green is investment, beige is depreciation.
Staff
4.8 FTE from 10.1 in 2022
Between 2022 and 2025, 52% of the full-time equivalents disappeared.
Liquidity
0.66 was 38.44 in 2024
Short-term debts rose from €5,236 to €339,289.
Filings
9 annual accounts 6 late
The 2017 accounts came latest: 61 days after the end of the period.
Position in the sector
-€20,966
Lower net result than 87% of companies in food and beverage service. Sector median €4,665 · 18,517 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,445 companies had the same profile as THB14 has now. Each dot stands for 9 companies, two years later.
89.9%
were still trading
7.6%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,445 companies, not a prediction for THB14. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director, since 17-03-2017
Director, since 17-03-2017
- 100%score equity €121,037 (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0672897809
Company renamed from HD1 to THB14
Registered office moved to Awans · Capital contribution of €828,904.76 · New registered office: rue de Bruxelles, 10-15, 4340 Awans · Gazette deed
Changes of role: (director) and (director)
General meeting of 14-07-2020 · Gazette deed
First establishment
THB14 SRL, Boulevard de France SN, Braine-l'Alleud
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as THB14: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €408,000 and €580,000, founded between 2016 and 2019.
Official details
Source: KBO- Status
- Active since 22-03-2017Normal situation
- Registered office
- 52 active companies are registered at this address4 started in the 12 months before. Source: KBO register, as of 14 November 2026.
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112and 1 other
- Joint committee
- 302Hotels and catering · annual accounts 2023
- Establishment unit
- 2.262.972.3861420 Braine-l'Alleud, since 06-04-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 20-06-2025
Insights on THB14
THB14 files the micro format. That format states no turnover. The gross margin rose from €8,025 in 2017 to €76,091 in 2025.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about THB14
- What is the company number of THB14?
- The company number of THB14 is 0672.897.809. The VAT number is the same number with BE in front: BE 0672.897.809.
- Where is THB14 based?
- The registered office is at Rue de Bruxelles 10-15, 4340 Awans.Company details
- What does THB14 do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of THB14?
- THB14 is a private limited company (BV).
- When was THB14 founded?
- THB14 was founded on 22-03-2017.
- Is THB14 still active?
- Yes, THB14 is an active enterprise in the KBO register.
- How many employees does THB14 have?
- THB14 had an average of 4.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does THB14 fall under?
- In its 2023 annual accounts, THB14 states joint committee 302 (Hotels and catering).
- What is the turnover of THB14?
- The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €76,091 and 100 comparable companies (NACE 56112). It probably lies between €210,000 and €340,000.
- Is THB14 profitable?
- In financial year 2025, THB14 made a loss of €20,966.
- Where can I find the annual accounts of THB14?
- THB14 filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of THB14 due?
- THB14 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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