THEO NIJS
ActiveTHEO NIJS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €228k and a net result of €2k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 80% of 4575 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-5
Solvency96▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 3.84 against 3.28 in 2024; short-term debt: 19.1% and cash: 67.9% of total assets), and 28.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 49
Relative position
BE, all sectors
reference
Sector 49
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 2025Solvency, return and age of the figures
Solvency
71.1%
Return on assets
0.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
10 d late
2023
30 d late
2022
29 d late
2021
19 d late
2020
23 d late
2019
71 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€228k▲ 1.0%
2024 · €225k
2018: €221k
2019: €194k
2020: €150k
2021: €146k
2022: €191k
2023: €210k
2024: €225k
2018 → 2025
Total assets
€320k▼ 3.0%
2024 · €330k
2018: €341k
2019: €297k
2020: €263k
2021: €180k
2022: €299k
2023: €323k
2024: €330k
2018 → 2025
Net result
€2k▼ 84.7%
2024 · €15k
2018: €11k
2019: €-27k
2020: €17k
2021: €-4k
2022: €45k
2023: €19k
2024: €15k
2018 → 2025
Working capital
€174k▲ 23.1%
2024 · €142k
2018: €86k
2019: €96k
2020: €81k
2021: €99k
2022: €143k
2023: €106k
2024: €142k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€146k-€191k▲ 30.6%€210k▲ 10.1%€225k▲ 7.3%€228k▲ 1.0%
Operating result€-4k-€66k€31k▼ 53.1%€25k▼ 18.0%€7k▼ 74.2%
Net result€-4k-€45k€19k▼ 56.9%€15k▼ 20.4%€2k▼ 84.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 74% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €320k
Fixed assets
€85k▼ 33.0%
Current assets
€235k▲ 15.7%
Equity and liabilities €320k
Equity
€228k▲ 1.0%
Provisions
€13k=
Debt
€80k▼ 13.2%
The debt ratio falls from 27.9% to 25.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€55k▼
2024 · €82k
Cash flow
€51k▼
2024 · €72k
Solvency
71.1%▲
2024 · 68.3%
Current ratio
3.84▲
2024 · 3.28
Quick ratio
3.84▲
2024 · 3.28
Debt / equity
0.35▼
2024 · 0.41
ROE
1.0%▼
2024 · 6.8%
ROA
0.7%▼
2024 · 4.6%
Interest coverage
16.95▼
2024 · 30.28
Debt
€80k▼
2024 · €92k
Debt ≤ 1 year
€61k▼
2024 · €62k
Debt > 1 year
€19k▼
2024 · €30k
Income taxes
€1k▼
2024 · €7k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€330k€320k▼
Fixed assets21/28€126k€85k▼
Tangible fixed assets22/27€126k€85k▼
Plant, machinery and equipment23€23k€10k▼
Furniture and vehicles24€37k€15k▼
Leasing and similar rights25€54k€41k▼
Other tangible fixed assets26€13k€19k▲
Current assets29/58€204k€235k▲
Amounts receivable within one year40/41€47k€17k▼
Trade receivables40€42k€7k▼
Other amounts receivable41€5k€10k▲
Cash at bank and in hand54/58€155k€217k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€330k€320k▼
Equity10/15€225k€228k▲
Contributions10/11€6k€6k=
Reserves13€145k€147k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€143k€145k▲
Profit (loss) carried forward14€74k€74k=
Provisions and deferred taxes16€13k€13k=
Provisions for liabilities and charges160/5€13k€13k=
Major repairs and maintenance162€13k€13k=
Amounts payable17/49€92k€80k▼
Amounts payable after more than one year17€30k€19k▼
Financial debts170/4€30k€19k▼
Amounts payable within one year42/48€62k€61k▼
Current portion of amounts payable after more than one year42€9k€11k▲
Financial debts43€3k€3k▼
Credit institutions430/8€3k€3k▼
Trade debts44€11k-
Suppliers440/4€11k-
Taxes, remuneration and social security45€10k€11k▲
Taxes450/3€10k€11k▲
Other amounts payable47/48€28k€36k▲
Income statement
Code20242025
Non-recurring operating income76A€25k-
Remuneration, social security and pensions62€620-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€49k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€3k-
Other operating charges640/8€6k€5k▼
Gross operating margin9900€91k€60k▼
Operating profit (loss)9901€25k€7k▼
Financial income75/76B€61€71▲
Recurring financial income75€61€71▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Non-recurring financial charges66B€157-
Profit (loss) for the period before taxes9903€23k€3k▼
Income taxes67/77€7k€1k▼
Profit (loss) for the period9904€15k€2k▼
Profit (loss) for the period to be appropriated9905€15k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€89k€76k▼
Profit (loss) brought forward from the previous period14P€74k€74k=
Transfer to equity691/2€15k€2k▼
To other reserves6921€15k€2k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
10-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 10 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Equity above €200kEq €210k ▲10.1%
2 profitable years in a row build equity to €210k.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
31-12
Financial
Equity above €150kEq €191k ▲30.6%
Equity rises from €146k to €191k.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 3.90
Current ratio from 1.72 to 3.90; short-term debt falls from €113k to €34k.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
10-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 71 days late
2019
31-12
Financial
Weakest financial yearnet €-27k ▼339%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Tongeren-Borgloon · 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.
Neerrepenstraat 73700 Tongeren-BorgloonGround area
680 m²
Building footprint
508 m²
Volume, LiDAR
2,908 m³
Parcel 73058A0263/00R000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Theo Nijs
since 20062.159.400.736
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73058A0263/00R000 | Flanders | 680 m² | 1 · 507 m² | 9.6 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 570 EUR awarded · 570 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 428 EUR | 428 EUR |
| 2023 | 1 | 61 EUR | 61 EUR |
| 2022 | 1 | 81 EUR | 81 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,199. 6,101 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-11-2006
Fiscal year end31-12
Activities, NACEBEL
45112
49410Freight transport by road
01610Support activities for crop production
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.