Thelakung
ActiveThelakung has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €131k and a net result of €101k. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 66% of 9517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
94
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+96
Solvency93▼-7
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 3.04 against 4.02 in 2023; short-term debt: 32.2% and cash: 62.1% of total assets), and 32.2% of the assets are financed with debt.
Credit advice for your own amount and term
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
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
36 d early
2022
3 d early
2021
30 d late
2020
31 d late
2019
42 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€131k▲ 344%
2023 · €29k
2019: €23k
2020: €49k
2021: €41k
2022: €34k
2023: €29k
2019 → 2024
Total assets
€193k▲ 400%
2023 · €39k
2019: €97k
2020: €91k
2021: €65k
2022: €46k
2023: €39k
2019 → 2024
Net result
€101k
2023 · €-5k
2019: €4k
2020: €26k
2021: €-8k
2022: €-7k
2023: €-5k
2019 → 2024
Working capital
€127k▲ 359%
2023 · €28k
2019: €21k
2020: €47k
2021: €38k
2022: €32k
2023: €28k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€49k-€41k▼ 17.1%€34k▼ 16.1%€29k▼ 13.7%€131k▲ 344%
Operating result€33k-€-11k€-6k▲ 41.0%€-4k▲ 29.8%€125k
Net result€26k-€-8k€-7k▲ 21.8%€-5k▲ 28.6%€101k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €125k after a loss of €4k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €193k
Fixed assets
€4k▲ 124%
Current assets
€189k▲ 414%
Equity and liabilities €193k
Equity
€131k▲ 344%
Debt
€62k▲ 581%
The debt ratio rises from 23.7% to 32.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€126k▲
2023 · €-4k
Cash flow
€102k▲
2023 · €-4k
Solvency
67.8%▼
2023 · 76.3%
Current ratio
3.04▼
2023 · 4.02
Quick ratio
3.04▼
2023 · 4.02
Debt / equity
0.48▲
2023 · 0.31
ROE
77.5%▲
2023 · -15.9%
ROA
52.5%▲
2023 · -12.1%
Interest coverage
60.88▲
2023 · -20.10
Debt
€62k▲
2023 · €9k
Debt ≤ 1 year
€62k▲
2023 · €9k
Income taxes
€22k▲
2023 · €0
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€39k€193k▲
Fixed assets21/28€2k€4k▲
Tangible fixed assets22/27€1k€4k▲
Furniture and vehicles24€1k€4k▲
Financial fixed assets28€720€0▼
Current assets29/58€37k€189k▲
Amounts receivable within one year40/41€360€39k▲
Trade receivables40-€39k
Other amounts receivable41€360€0▼
Cash at bank and in hand54/58€36k€120k▲
Deferred charges and accrued income490/1-€30k
Equity and liabilities
Total equity and liabilities10/49€39k€193k▲
Equity10/15€29k€131k▲
Contributions10/11€19k€19k=
Reserves13€11k€112k▲
Distributable reserves133€11k€112k▲
Amounts payable17/49€9k€62k▲
Amounts payable within one year42/48€9k€62k▲
Trade debts44€0€9k▲
Suppliers440/4€0€9k▲
Taxes, remuneration and social security45-€26k
Taxes450/3-€26k
Other amounts payable47/48€9k€27k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€412€1k▲
Other operating charges640/8€384€437▲
Gross operating margin9900€-4k€127k▲
Operating profit (loss)9901€-4k€125k▲
Financial charges65/66B€202€2k▲
Recurring financial charges65€202€2k▲
Profit (loss) for the period before taxes9903€-5k€123k▲
Income taxes67/77€0€22k▲
Profit (loss) for the period9904€-5k€101k▲
Profit (loss) for the period to be appropriated9905€-5k€101k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€101k▲
Transfer from equity791/2€5k€0▼
Transfer to equity691/2-€101k
To other reserves6921-€101k
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
17-02
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €101k
Net result €101k after 3 loss-making years.
31-12
Financial
Equity above €100kEq €131k ▲344%
Equity rises from €29k to €131k.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €-8k ▼132%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Watermaal-Bosvoorde · 1 establishment unit since 2018
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.
Bosduiflaan 81170 Watermaal-BosvoordeGround area
318 m²
Building footprint
80 m²
Volume, LiDAR
371 m³
Parcel 21017D0232/00M003, Brussels · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Thelakung
since 20182.279.551.666
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21017D0232/00M003 | Brussels | 317 m² | 1 · 80 m² | 7.1 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Connections & network
1 connected companyNetwork connections
Shared director
→
Recognitions · licences · registrations
Legal Entity Identifier
98450070B07478E74303
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 40,854 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-08-2018
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
82990Other business support services
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.