Losses
-€70,944 in three years
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
THEMS
Lifetime
20 annual accounts with figures on one time axis, 35 filings since 1991peak €1.4m (2021)
-€14,243▲ €2,869
lowest -€43,660 (2020)
-€20,387▼ €6,797
peak €2.1m (2022)
€2.0m▼ 1.0%
€85,794▼ 49.9%
peak 11 FTE (2006)
-not published
Board3 names since 2013
1 director
Documentsfilings and deeds
27-08-202627 days late
2025micro format
Gross margin from -€17,112 to -€14,243Loss of €20,387Debts from €171,325 to €85,794Cash from €105,841 to €35,899
Key points
from the 2025 annual accountsLiquidity
12.77 was 6.85 in 2024
Short-term debts fell from €159,845 to €81,344.
Filings
35 annual accounts since 1991
Five of the last ten came late. The 2022 accounts came latest: 30 days after the end of the period.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 8,613 companies had the same profile as THEMS has now. Each dot stands for 22 companies, two years later.
94.1%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 8,613 companies, not a prediction for THEMS. 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 verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0440850152
Change of role: , from statutory manager to statutory director
holds all the shares · Director discharge: (manager) · Gazette deed
Registered office moved to Bruges
New registered office: SLACHTHUISSTRAAT 27 BUS 5-8000 BRUGGE · Partner: (enige vennoot) · holds all the shares · General meeting of 29-12-2020 · Gazette deed
Environmental permit granted
Bomen vellen die geen deel uitmaken van een bos en/of bodemreliëf wijzigen · Jabbeke
Official details
Source: KBO- Status
- Active since 10-05-1990Normal situation
- Activity
- “Het verwerven van participaties,in eender welke vorm,in alle bestaande of op te richten rechtspersonen…” (deed in Dutch)From the articles, 2 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.048.446.1968000 Bruges, since 05-06-1990
- Financial year end
- 31 December
- Peppol
- Reachable since 09-01-2026
Insights on THEMS
THEMS files the micro format. That format states no turnover. The gross margin fell from €194,568 in 2006 to -€14,243 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about THEMS
- What is the company number of THEMS?
- The company number of THEMS is 0440.850.152. The VAT number is the same number with BE in front: BE 0440.850.152.
- Where is THEMS based?
- The registered office is at Slachthuisstraat 27, 8000 Bruges.Company details
- What is the legal form of THEMS?
- THEMS is a private limited company (BV).
- When was THEMS founded?
- THEMS was founded on 10-05-1990.
- Is THEMS still active?
- Yes, THEMS is an active enterprise in the KBO register.
- What is the turnover of THEMS?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is THEMS profitable?
- In financial year 2025, THEMS made a loss of €20,387.
- Where can I find the annual accounts of THEMS?
- THEMS filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of THEMS due?
- THEMS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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