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THEMAR

Active
Private limited companyfounded 1999active for 27 yearsVogelzangstraat(Ned) 16, 9400 Ninove, BelgiumKBO/BCE: BE 0466.192.787
Summary

THEMAR has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €124,948. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 73% of 9,652 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 07-06-1999 Normal situation
Activity
Other business support services NACE 82990and 2 others
Joint committee
336 Paritair Comité voor de vrije beroepen · annual accounts 2023
Establishment unit
2.228.516.008 9400 Ninove, since 03-01-2004
Financial year end
31 December
Peppol
Reachable since 23-12-2025

Board and ownership

Board
  • De Dobbeleer Marie ThérèseDirector · since 31-10-2005

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€274,793
▲ 4.9%
Turnover
≈ €410,000
estimated
Profit
€124,948
▲ 10.4%
Equity
€1.0m
▲ 13.9%
Total assets
€1.4m
▲ 4.5%
Filed on 23-07-2026, 8 days before the deadline
Score breakdownlowers riskSize: total assets €1.4mLiquidity: current ratio 1.76, cash €537,721Equity €1.0m (73.7% of total assets)Figures for financial year 2025 (filed on 23-07-2026)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 68% of micro companies in office administrative support (NACE 82)
Financial strength · tick: 2024
Strong
Solvency 99+6
equity 73.7% of total assets
Liquidity 90+10
short-term debt 24.1% · cash 38.7%
Profitability 80+1
return on assets 9.0%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,670 companies, NACE 82, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -0.1 percentage points vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €95,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.76 (1.29 in 2024), above the usual 1.5. Short-term debt is 24.1% and cash 38.7% of total assets. 26.3% of the assets are financed with debt and provisions.
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 82, micro). It does better than 74% of them on solvency, 84% on liquidity, 52% on profitability and 60% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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

Signals

Five signals.
lowers riskneutral
lowers risk · Size: total assets €1.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.76, cash €537,721
NBB · annual accounts
lowers risk · Equity €1.0m (73.7% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 23-07-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 days early
2024
21 days late
2023
30 days late
2022
30 days late
2021
29 days late
2020
27 days late
2019
54 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 26 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% 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 29 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 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

Key points

  • Positive: More equity than 95% of companies in office administrative supportsector median €54,008 · 9,663 companies €1.0m View
  • Positive: 8 profitable years in a rowprofit 2025: €124,948 8 years View

Comparable companies

These companies have the same main activity as THEMAR: other business support services (NACE 82990). They are comparable in size and age: total assets between €1.2m and €1.7m, founded between 1997 and 2001.

CompanyTotal assetsGross margin
THEMAR Ninove€1.4m€0.3m
INDUSTRIAL MECHANICAL ENGINEERING Aalter€1.6m€0.3m
KAMUT ENTERPRISES OF EUROPE Oudenaarde€1.4m€0.2m
STTS Kortrijk€1.5m€0.3m
MOBITRADE Waregem€1.2m€0.3m
KOOPMANS & KOOPMANS Oudsbergen€1.7m€0.3m
DE WOLKAMMERIJ Antwerpen€1.4m€0.3m
Full comparison

Key facts about THEMAR

What is the company number of THEMAR?
The company number of THEMAR is 0466.192.787. The VAT number is the same number with BE in front: BE 0466.192.787.
Where is THEMAR based?
The registered office is at Vogelzangstraat(Ned) 16, 9400 Ninove.Company details
What does THEMAR do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of THEMAR?
The legal form of THEMAR is Private limited company (BV).
When was THEMAR founded?
THEMAR was founded on 07-06-1999.
Is THEMAR still active?
Yes, THEMAR is an active enterprise in the KBO register.
Which joint committee does THEMAR fall under?
In its 2023 annual accounts, THEMAR states joint committee 336 (Paritair Comité voor de vrije beroepen).
What is the turnover of THEMAR?
The turnover in financial year 2025 is ≈ €410,000. This figure is estimated from the gross margin of €274,793 and 33 comparable companies (NACE 82990). It probably lies between €340,000 and €580,000.Financials
Is THEMAR profitable?
In financial year 2025, THEMAR made a profit of €124,948.
Where can I find the annual accounts of THEMAR?
THEMAR filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of THEMAR due?
THEMAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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