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THEMCA

Active
Private limited companyfounded 2016active for 10 yearsPolderstraat(Odk) 94, 8670 Koksijde, BelgiumKBO/BCE: BE 0656.857.076
Summary

The computed 12-month bankruptcy probability of THEMCA is 2.1% (moderate). The 2025 annual accounts show equity of €144,467 and a net result of €14,721. Equity has been growing by about 15% per year since 2019. Its solvency ranks better than 80% of 13,741 sector peers (NACE 46, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 22-06-2016 Normal situation
Activity
Wholesale trade NACE 46647and 2 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 31-03-2025
Establishment unit
2.255.170.915 8670 Koksijde, since 22-06-2016
Financial year end
31 March
Peppol
Reachable since 13-11-2025

Board and ownership

Board

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.1%
Annual accounts to 31-03-2025
Gross margin
€31,273
▼ 41.4%
Turnover
≈ €200,000
estimated
Profit
€14,721
▲ 55.4%
Equity
€144,467
▲ 11.3%
Total assets
€186,438
▲ 8.8%
Employees on 31-03-2025
1
=
  • 2026 accounts not filed, 4 days past the deadline
Score breakdownraises risk1 change of registered office in 24 monthsFigures for financial year 2025 (filed on 26-11-2025)Liquidity: current ratio 1.78, cash €1,632, halved1 financial year not filed after the legal deadline; last filed accounts filed 24 days lateShow the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 67% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 77.5% of total assets
Liquidity 44-8
short-term debt 21.5% · cash 0.9%
Profitability 79+3
return on assets 7.9%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 12-2024: 0.4%lowest value 01-2025: 0.8%▲ +0.4 percentage points vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 1.0%▲ +0.2 percentage points vs 06-2025 08-2025: 1.2%▲ +0.2 percentage points vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.3%▲ +0.1 percentage points vs 09-2025 11-2025: 1.8%▲ +0.5 percentage points vs 10-2025 12-2025: 1.1%▼ -0.7 percentage points vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.2%▲ +0.1 percentage points vs 06-2026 08-2026: 1.4%▲ +0.2 percentage points vs 07-2026 09-2026: 1.4%● unchanged vs 08-2026 10-2026: 1.8%▲ +0.4 percentage points vs 09-2026 11-2026: 2.1%▲ +0.3 percentage points vs 10-2026highest value
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.78 (1.13 in 2024), above the usual 1.5. Short-term debt is 21.5% and cash 0.9% of total assets. 22.5% 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 46, micro). It does better than 90% of them on solvency, 42% on liquidity, 70% on profitability and 66% on growth.

The bankruptcy probability was computed on 03-11-2026 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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Signals

Five signals.
raises risk
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2025 (filed on 26-11-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.78, cash €1,632, halved
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 24 days late
NBB · filings
raises risk · 2025 accounts filed 24 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-11-2025, 24 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 · 8 filings
Deviation from the deadline
2026
not filed
2025
24 days late
2024
4 days late
2023
on the day
2022
6 days early
2021
22 days late
2020
30 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 12 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 80% of companies in wholesale tradesector median 40.6% · 13,741 companies 77.5% View
  • Positive: 7 profitable years in a rowprofit 2025: €14,721 7 years View

Recent changes

  1. · Gazette deed Registered office moved from Koksijde to OostduinkerkeNew seat: Polderstraat 94, 8670 Oostduinkerke · Previous seat: Albert I Laan(Odk) 143 bus GV01, 8670 Koksijde
  2. · Gazette deed Change of role: DEGROOTE Claude Pol, from manager to director
  3. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as THEMCA: wholesale trade (NACE 46647). They are comparable in size and age: total assets between €113,000 and €200,000, founded between 2011 and 2019.

CompanyTotal assetsGross margin
THEMCA Koksijde€186,438€31,273
a2z-Solutions Seneffe€195,036€31,379
APMS EUROPE Gent€159,022€45,854
Ventaria Diepenbeek€162,706€19,418
AIRCOLD SOLUTIONS Gembloux€197,790€63,281
Remaflow Stabroek€113,047€17,355
CONSULTING AGENCY THIJS Bilzen-Hoeselt€200,355€65,159
Full comparison

Key facts about THEMCA

What is the company number of THEMCA?
The company number of THEMCA is 0656.857.076. The VAT number is the same number with BE in front: BE 0656.857.076.
Where is THEMCA based?
The registered office is at Polderstraat(Odk) 94, 8670 Koksijde.Company details
What does THEMCA do?
According to the KBO register, the main activity is wholesale trade (NACE 46647).
What is the legal form of THEMCA?
The legal form of THEMCA is Private limited company (BV).
When was THEMCA founded?
THEMCA was founded on 22-06-2016.
Is THEMCA still active?
Yes, THEMCA is an active enterprise in the KBO register.
How many employees does THEMCA have?
THEMCA had an average of 0.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does THEMCA fall under?
In its 31-03-2025 annual accounts, THEMCA states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of THEMCA?
The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €31,273 and 94 comparable companies (NACE 46). It probably lies between €110,000 and €380,000.
Is THEMCA profitable?
In financial year 2025, THEMCA made a profit of €14,721.
Where can I find the annual accounts of THEMCA?
THEMCA filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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