THEMABOUW
ActiveTHEMABOUW has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €851k and a net result of €142k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 88% of 9982 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
100
/ 100
Excellent▲ +9 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability84▲+71
Solvency100=
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 4.82 against 6.39 in 2023), and 20.2% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
79.8%
Return on assets
13.3%
Age of the figures
20 mo
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
42 d early
2022
31 d early
2021
12 d early
2020
30 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€851k▲ 11.2%
2023 · €765k
2018: €698k
2019: €730k
2020: €762k
2021: €830k
2022: €804k
2023: €765k
2018 → 2024
Total assets
€1.07M▲ 18.5%
2023 · €900k
2018: €805k
2019: €786k
2020: €839k
2021: €954k
2022: €912k
2023: €900k
2018 → 2024
Net result
€142k▲ 607%
2023 · €20k
2018: €56k
2019: €32k
2020: €32k
2021: €68k
2022: €5k
2023: €20k
2018 → 2024
Working capital
€820k▲ 13.1%
2023 · €725k
2018: €664k
2019: €707k
2020: €741k
2021: €812k
2022: €763k
2023: €725k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€762k-€830k▲ 9.0%€804k▼ 3.2%€765k▼ 4.8%€851k▲ 11.2%
Operating result€39k-€94k▲ 140%€6k▼ 94.0%€30k▲ 428%€197k▲ 556%
Net result€32k-€68k▲ 113%€5k▼ 92.0%€20k▲ 266%€142k▲ 607%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 556% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.07M
Fixed assets
€31k▼ 23.1%
Current assets
€1.03M▲ 20.4%
Equity and liabilities €1.07M
Equity
€851k▲ 11.2%
Debt
€215k▲ 59.7%
The debt ratio rises from 15.0% to 20.2%: debt grows faster than equity.
Key figures and ratios
EBITDA
€210k▲
2023 · €42k
Cash flow
€155k▲
2023 · €32k
Solvency
79.8%▼
2023 · 85.0%
Current ratio
4.82▼
2023 · 6.39
Quick ratio
3.43▲
2023 · 3.12
Debt / equity
0.25▲
2023 · 0.18
ROE
16.7%▲
2023 · 2.6%
ROA
13.3%▲
2023 · 2.2%
Interest coverage
436.43▲
2023 · 10.68
Debt
€215k▲
2023 · €135k
Debt ≤ 1 year
€215k▲
2023 · €135k
Income taxes
€56k▲
2023 · €7k
Staff costs
€49k▼
2023 · €58k
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€900k€1.07M▲
Fixed assets21/28€41k€31k▼
Tangible fixed assets22/27€41k€31k▼
Plant, machinery and equipment23€19k€16k▼
Furniture and vehicles24€22k€15k▼
Current assets29/58€859k€1.03M▲
Stocks and contracts in progress3€439k€298k▼
Stocks30/36€439k€298k▼
Amounts receivable within one year40/41€363k€311k▼
Trade receivables40€56k€9k▼
Other amounts receivable41€308k€303k▼
Cash at bank and in hand54/58€57k€425k▲
Equity and liabilities
Total equity and liabilities10/49€900k€1.07M▲
Equity10/15€765k€851k▲
Contributions10/11€83k€83k=
Reserves13€214k€300k▲
Distributable reserves133€214k€300k▲
Profit (loss) carried forward14€468k€468k=
Amounts payable17/49€135k€215k▲
Amounts payable within one year42/48€135k€215k▲
Trade debts44€37k€43k▲
Suppliers440/4€37k€43k▲
Taxes, remuneration and social security45€11k€132k▲
Taxes450/3€9k€131k▲
Remuneration and social security454/9€2k€727▼
Other amounts payable47/48€86k€41k▼
Income statement
Code20232024
Non-recurring operating income76A-€150k
Remuneration, social security and pensions62€58k€49k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▲
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A-€35k
Gross operating margin9900€102k€296k▲
Operating profit (loss)9901€30k€197k▲
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€4k€481▼
Recurring financial charges65€4k€481▼
Profit (loss) for the period before taxes9903€27k€198k▲
Income taxes67/77€7k€56k▲
Profit (loss) for the period9904€20k€142k▲
Profit (loss) for the period to be appropriated9905€20k€142k▲
Appropriation of the result
Profit (loss) to be appropriated9906€488k€610k▲
Profit (loss) brought forward from the previous period14P€468k€468k=
Transfer from equity791/2€58k€56k▼
Transfer to equity691/2€20k€142k▲
To other reserves6921€20k€142k▲
Profit to be distributed694/7€58k€56k▼
Return on contributions (dividend)694€58k€56k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €142k ▲607%
Operating result €197k, net result €142k, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €5k ▼92%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Alken · 1 establishment unit since 2006
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.
Weyerstraat 473570 AlkenGround area
481 m²
Building footprint
171 m²
Volume, LiDAR
764 m³
Parcel 73001H0498/00B003, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Themabouw
since 20062.155.665.642
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73001H0498/00B003 | Flanders | 480 m² | 1 · 171 m² | 6.7 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
J.B. Schoovaerts
BE 0887.410.438
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Algemene Bouwonderneming Degra
BE 0633.584.402
Langemark-Poelkapelle · Eq €850k
RAMAN BOUW EN TECHNIEKEN
BE 0736.519.713
Lievegem · Eq €853k
CONSTRUCT TIME
BE 0449.248.075
Nivelles · Eq €849k
CLARINVAL GUY
BE 0433.311.470
Beauraing · Eq €854k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,868. 7,031 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-2006
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
43110Demolition
45111
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.