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THBE

Active Private limited companyfounded 2019active for 7 yearsChemin des Vignerons 86, 5100 NamurKBO/BCE: BE 0730.734.256
THBE
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Overview

Lifetime

6 annual accounts with figures on one time axis
peak €53,597 (2025)
€53,597▲ 229%
lowest -€3,727 (2021)
€7,506▲ €10,312
peak €3,904 (2020)
€921▲ €7,506
€20,635▲ 89.2%
peak 1 FTE (2025)
1 FTE 
Board2 names since 2019
2 directorsCOCHE Lionel Marc Christopher and 1 other
Documentsfilings and deeds
29-09-202660 days late
2025abbreviated format
Gross margin from €16,293 to €53,597Back to profit: €7,506Equity from -€6,585 to €921Debts from €10,907 to €20,635Cash from €1,058 to €2,218

Key points

from the 2025 annual accounts

Debts

€20,635 96% of the balance sheet
Suppliers 1%Taxes and wages 54%Other 45%

Filings

6 annual accounts 3 late
AprilJune31 JulyOctober202020222024

The 2020 accounts came latest: 63 days after the end of the period.

Position in the sector

€921

Less equity than 90% of companies in building services and landscaping. Sector median €183,404 · 1,569 companies.

Checked score

51
Fair
Financially stronger than 51% of micro companies in building services and landscaping (NACE 81)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.9% across 7,709 companies (NACE 81, micro).

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.6% 01-2025: 1.6%● unchanged vs 12-2024 02-2025: 1.7%▲ +0.1 percentage points vs 01-2025 03-2025: 1.7%● unchanged vs 02-2025 04-2025: 1.7%● unchanged vs 03-2025 05-2025: 1.6%▼ -0.1 percentage points vs 04-2025 06-2025: 1.7%▲ +0.1 percentage points vs 05-2025 07-2025: 1.9%▲ +0.2 percentage points vs 06-2025 08-2025: 2.4%▲ +0.5 percentage points vs 07-2025 09-2025: 1.4%▼ -1.0 percentage point vs 08-2025 10-2025: 1.4%● unchanged vs 09-2025 11-2025: 1.4%● unchanged vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.4%● unchanged vs 03-2026 05-2026: 1.4%● unchanged vs 04-2026 06-2026: 1.3%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 1.4%▲ +0.1 percentage points vs 06-2026 08-2026: 2.2%▲ +0.8 percentage points vs 07-2026 09-2026: 2.5%▲ +0.3 percentage points vs 08-2026 10-2026: 3.2%▲ +0.7 percentage points vs 09-2026highest value 11-2026: 3.2%● unchanged vs 10-2026highest value

Financial strength
Average

29+29equity 4.3% of total assets
13-18short-term debt 95.7% · cash 10.3%
100+50return on assets 34.8%

Score breakdown

raises risk
Last filed accounts filed 60 days late; 1 of the last 3 accounts late
Sector: Services to buildings and landscape activities (NACE 81)
Founded in 2019
Equity €921 (4.3% of total assets)
Calculation

The band follows from the bankruptcy probability. 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 81, micro). It does better than 14% of them on solvency, 9% on liquidity, 92% on profitability and 91% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 2,153 companies had the same profile as THBE has now. Each dot stands for 6 companies, two years later.

96.1%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more

The bankruptcy probability of THBE itself is higher: 3.2% within 12 months. It rests on far more data about THBE than the profile alone.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 2,153 companies, not a prediction for THBE. 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 check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises risk
raises risk · Last filed accounts filed 60 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Sector: Services to buildings and landscape activities (NACE 81)
KBO
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Equity €921 (4.3% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1569 sector peers (2025).
NBB · sector comparison
Position among 1569 sector peers
Solvency
better than 10%
← weakest strongest →
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
60 days late
2024
25 days late
2023
26 days early
2022
45 days early
2021
15 days early
2020
63 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 10 days after the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · 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 16 July (4 of the last 5 accounts filed within 40 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CL
COCHE Lionel Marc Christopher
Director, since 16-07-2019
MC
MICHIELS Clément Guy Marie
Director, since 16-07-2019
  • MICHIELS Clément Guy Marie founderdeed of 18-07-2019
  • COCHE Lionel Marc Christopher founderdeed of 18-07-2019
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0730734256
First establishment Chemin des Vignerons 86, Namur
Incorporation Founders: MICHIELS Clément Guy Marie and COCHE Lionel Marc Christopher · Founding capital of €2,000, 5,040 shares · Appointments: MICHIELS Clément Guy Marie (director) and COCHE Lionel Marc Christopher (director) · published on 18-07-2019 · Gazette deed
All 12 events

Comparable companies

same main activity, similar in size and age
Company
THBE Namur €21,556 €53,597 4.3% 1
VDS JARDINS Etterbeek €24,190 €36,715 -3.3% -
JARDINS KEIZEN Saint-Ghislain €16,635 €60,101 -177.8% -
Art & Paysages Seneffe €29,876 €54,559 39.4% -
Les jardins tournaisiens Brugelette €14,397 €57,486 -13.6% -
MW ESPACES VERTS Binche €14,923 €46,647 -87.0% -
T & T CREATION Hastière €26,605 €65,279 8.1% -

These companies have the same main activity as THBE: landscape service activities (NACE 81300). They are comparable in size and age: total assets between €14,400 and €29,900, founded between 2017 and 2022.

Official details

Source: KBO
Status
Active since 16-07-2019Normal situation
Activity
Landscape service activitiesNACE 81300and 3 others
Establishment unit
2.292.398.6245100 Namur, since 01-09-2019
Financial year end
31 December
Peppol
Reachable since 13-01-2026
Company details

Annual accounts 2025

€53,597▲ 229%
≈ €160,000estimated
€7,506
€921
€21,556▲ 399%
1 FTE
Filing
Filed on 29-09-2026
Financials

Insights on THBE

THBE files the abbreviated format. That format states no turnover. The gross margin rose from €20,995 in 2020 to €53,597 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 29-09-2026, 60 days late
€53,597
▲ 229%
€7,582
▲ €10,071
€7,506
▲ €10,312
€246
▲ €8,128
4.3%
1.01

The turnover shown is an estimate from the gross margin.

Turnover ≈ €160,000. Estimated: probably between €110,000 and €250,000.

Balance sheet

balance sheet total €21,556 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

4.3%

Higher than 10% of 1,569 companies in 2025.

1.01

Higher than 28% of 1,540 companies in 2025.

34.8%

Higher than 95% of 1,554 companies in 2025.

THBE Middle half of the sector 80% of the sector Abbreviated accounts in building services and landscaping (NACE 81)

Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half · Staff: bottom quarter

Staff

€45,270

Staff costs divided by the average number of full-time equivalents.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020
Balance sheet: assets
20/58 21,5564,32210,94523,46537,55655,842
21/28 6751,6849,96322,93335,90448,874
22/27 01,0099,28822,25835,22948,199
23 01,0095,72913,48021,23228,984
24 006081,5522,4953,439
25 --2,9527,22711,502-
28 675675675675675675
29/58 20,8812,6389825311,6526,968
40/41 18,6631,4996323041,2415,482
40 18,6631,08960--5,482
41 04105723041,241-
54/58 2,2181,0581352042391,212
490/1 08121523171274
Balance sheet: equity and liabilities
10/49 21,5564,32210,94523,46537,55655,842
10/15 921-6,585-3,780-2,3221773,904
10/11 2,0002,0002,0002,0002,0002,000
14 -1,079-8,585-5,780-4,322-1,8231,904
17/49 20,63510,90714,72525,78637,37951,938
17 ---8,58021,06533,390
170/4 ---8,58021,06533,390
42/48 20,63510,52014,71916,84816,31418,548
42 --9,13912,57712,48912,694
43 --1---
430/8 --1---
44 1894431,0756887421,724
440/4 1894431,0756887421,724
45 11,1454,479---8
450/3 3,409620---8
454/9 7,7353,858----
47/48 9,3025,5984,5043,5833,0834,122
492/3 -3876358--
Income statement
76A 15,141-----
9900 53,59716,29312,45011,25910,67420,995
62 45,2709,029----
630 -9,40412,97112,97112,97116,653
640/8 745349514406655960
9901 7,582-2,489-1,035-2,118-2,9513,382
65/66B 763174233807761,478
65 763174233807761,478
9903 7,506-2,806-1,458-2,498-3,7271,904
9904 7,506-2,806-1,458-2,498-3,7271,904
9905 7,506-2,806-1,458-2,498-3,7271,904
Appropriation of the result
9906 -1,079-8,585-5,780-4,322-1,8231,904
14P -8,585-5,780-4,322-1,8231,904-
Social balance sheet
9087 1-----
Document PDFPDFPDFPDFPDFPDF

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 29-09-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 60 days after the deadline. Filed on 29 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00530590.

Financial year Type Filed Reference Document
31-12-2025 abbreviated format 29-09-2026 2026-00530590 PDF
31-12-2024 full format 25-08-2025 2025-00398862 PDF
31-12-2023 micro format 05-07-2024 2024-00211263 PDF
31-12-2022 micro format 16-06-2023 2023-00130909 PDF
31-12-2021 micro format 16-07-2022 2022-20192929 PDF
31-12-2020 micro format 02-10-2021 2021-70700302 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020
-6,91511,93610,85210,01920,035
-6,59811,51210,4729,24318,557
-1,12500165,527
1,161923-69-34-973-
246-7,882-13,736-16,317-14,662-11,580
4.3%--34.5%-9.9%0.5%7.0%
1.01-0.070.030.100.38
-----13.30
-----48.8%
34.8%--13.3%-10.6%-9.9%3.4%
-21.8428.2128.5512.91-

EBIT margin: not included in this filing.

The equity ratios are withheld because equity of €921 is too small for a meaningful ratio.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets-€1,125---
-€9,404€12,971€12,971€12,971

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on THBE

The operating result for 2025 is a profit of €7,582, after a loss of €2,489 in 2024. It is the highest result since 2020.

Debt's share of the balance-sheet total is 95.7%.

Board & ownership

Board

2 directors, since incorporation
COCHE Lionel Marc Christopher
Director
since 16-07-2019 term without a fixed end
listed in the 2025 annual accounts, filed on 29-09-2026
1 other company bankrupt
MICHIELS Clément Guy Marie
Director
since 16-07-2019 term without a fixed end
listed in the 2025 annual accounts, filed on 29-09-2026

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
COCHE Lionel Marc Christopher
Director
MICHIELS Clément Guy Marie
Director
Board
Mandates as a list
  • COCHE Lionel Marc Christopher
    • Director, from 16-07-2019 to date
  • MICHIELS Clément Guy Marie
    • Director, from 16-07-2019 to date

See the board, name and registered office on a given date →

Control

Founders
MICHIELS Clément Guy Marie, COCHE Lionel Marc Christopher
This company
THBE
Equity €921
Profit €7,506 in 2025

Capital

Contribution
€2,000
Source
2025 annual accounts

Articles of association

deed of 18-07-2019 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Pli recommandé ou courrier ordinaire ou e-mail adresse société, moitié cédant moitié acquéreurs au prorata actions”

Founders

At incorporation deed of 18-07-2019 ↗
  • MICHIELS Clément Guy Marie founder
  • COCHE Lionel Marc Christopher founder

The directors' other companies

1 current director with another company that went bankrupt, was dissolved or struck off

1 other company of this director went bankrupt.

  • Mex&Go bankruptcy according to the KBO registerappointed in 2023, still in office

Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.

Network & group

No group

THBE has no parent and no holdings in its annual accounts.

Connections & network

4 connected companies
Depth
MAROCANDALOUS, Shared director MMAROCANDALOUSMex&Go, Shared director MMex&GoMister Clôture, 2 shared directors MCMister ClôtureSLC Invest, 2 shared directors SISLC InvestTHBE THBE0730.734.256
Shared directors
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
Mex&Go
via COCHE Lionel Marc Christopher · Director (not named in the articles) · deed of 28-12-2023
Open bankruptcy · founded in 2015 · turnover €557,760 (2024)
→
Mister Clôture
via COCHE Lionel Marc Christopher and MICHIELS Clément Guy Marie · Director · deed of 19-09-2023
Founded in 2010 · total assets €1.8m (2025) · accounts filed late
→
SLC Invest
via COCHE Lionel Marc Christopher and MICHIELS Clément Guy Marie · Director · deed of 04-05-2021
Founded in 2021 · total assets €581,697 (2025) · negative equity
→
MAROCANDALOUS
via COCHE Lionel Marc Christopher · Director (not named in the articles) · deed of 28-12-2023
Founded in 2014 · 6 FTE (2025)
→

Timeline

Timeline

12 events since 2019

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 60 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0730734256
2025
Back to profit net €7,506 The net result is €7,506, after 4 loss-making years.
Liquidity quadruples current ratio 1.01 The current ratio rises from 0.25 to 1.01.
Annual accounts 2024 filed PDFfull format · 25 days late
2024
Annual accounts 2023 filed PDFmicro format · 26 days before the deadline
2023
Annual accounts 2022 filed PDFmicro format · 45 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · 15 days before the deadline
2021
Weakest financial year net -€3,727 The net result drops to -€3,727, the lowest from 2020 to 2025. It recovers the following year.
Annual accounts 2020 filed PDFmicro format · 63 days late
2019
First establishment Chemin des Vignerons 86, Namur
IncorporationFounders: MICHIELS Clément Guy Marie and COCHE Lionel Marc Christopher · Founding capital of €2,000, 5,040 shares · Appointments: MICHIELS Clément Guy Marie (director) and COCHE Lionel Marc Christopher (director) · published on 18-07-20197 points ▸

Open the deed in the Belgian Official Gazette

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

THBE was incorporated on 16 July 2019 as a private limited company.1 The board currently has 2 members, 2 of whom have served since 2019.2 Total assets fell from €55,842 in 2020 to €21,556 in 2025.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2025
  3. 3National Bank, annual accounts 2020 and 2025

Company details

Identity

Enterprise number
0730.734.256
VAT number
BE 0730.734.256
Peppol ID
0208:0730734256
Legal form
Private limited company
Status
Active, normal situation
Founded
16-07-2019
Financial year
ends on 31 December
Peppol
Reachable since 13-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
THBE in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 18-07-2019 (in French)

Activities

NACEBEL 2025
81300 Landscape service activities main activity
43120 Site preparation
71113 Urban planning and landscape architecture
81230 Other cleaning activities
Codes under NACEBEL 2008
81300 Landscape service activities main activity
43120 Site preparation
71113 Architectural and engineering activities; technical testing and analysis
81290 Services to buildings and landscape activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“À l’aménagement et la création de parcs et jardin, ainsi que l’entretien de ceux-ci (travaux de jardinage, taillage, arrosage, élagage…”
5 activities
  1. À l’aménagement et la création de parcs et jardin, ainsi que l’entretien de ceux-ci (travaux de jardinage, taillage, arrosage, élagage, etc), l’aménagement des espaces publics, des abords paysagers des voies de circulation, ...
  2. Au salage et déblayage hivernaux
  3. Aux travaux de toutes natures sur des parcelles agricoles et forestières
  4. Au développement de toutes activités en aval ou en amont de l’aménagement, la création et l’entretien de parcs et jardin (par exemple la construction de plans d’eau, de fontaines, de piscines, de terrasses, ou le pavage)
  5. À la formation et le coaching en matière horticole et biologique ainsi qu’en matière de création de relation de bien être avec la nature, et dans ce cadre l’organisation ou la participation à des conférences, séminaires, stages ou salons
deed of 18-07-2019 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Chemin des Vignerons 86 registered office 5100 Namur 01-09-2019 2.292.398.624

Buildings and parcels at the address

Ground area
3,109 m²
Buildings
268 m²
Volume, LiDAR
1,608 m³
Tallest building
9.2 m
Buildings to scale, each on its own parcel
268 m², 9.2 m 268 m², 9.2 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
92135B0370/00A0003,109 m² 1 · 268 m² 9.2 m · 2

Contact

E-mail contact@taille-haie.be

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0730.734.256

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