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THERAL

Active Private limited companyfounded 1993active for 33 yearsVerbindingslaan 5, 1060 Sint-Gillis (bij-Brussel)KBO/BCE: BE 0451.168.675

Lifetime

20 annual accounts with figures on one time axis, 32 filings since 1994
peak €170,647 (2022)
€111,531▼ 22.0%
peak €139,505 (2019)
€67,684▼ 24.5%
peak €1.0m (2025)
€1.0m▲ 5.6%
€227,095▼ 6.3%
Board1 name since 2022
1 director
Documentsfilings and deeds
16-06-202645 days before the deadline
2025abbreviated format
Gross margin from €143,006 to €111,531Dividend €833Cash from €442,683 to €590,057

Key points

from the 2025 annual accounts

Equity

€1.0m ▲ 5.6%

THERAL has made a profit in every financial year since 2006.

Filings

32 annual accounts since 1994
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 45 to 51 days before the end of the period.

Position in the sector

81.8%

Higher solvency than 85% of companies in wholesale trade. Sector median 42.9% · 9,905 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 20,137 companies had the same profile as THERAL has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 20,137 companies, not a prediction for THERAL. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0451168675
Registered office moved within Brussels New registered office: Saint-Gilles (1060 Bruxelles), avenue de la Jonction 5 · Previous registered office: Uccle (1180 Bruxelles), rue Gatti de Gamond 174 · Change of role: , from manager to director · General meeting of 13-10-2022 · Gazette deed
First establishment Waterloose Steenweg 606, Ixelles
Incorporation published on 19-11-1993 · Gazette deed
All 41 events

Comparable companies

same main activity, similar in size and age
Company
THERAL Sint-Gillis (bij-Brussel) €1.3m €111,531 81.8% -
DECO - INVEST Waregem €1.3m €105,160 44.9% 0.5
FRAMAVER Kortrijk €1.3m €99,502 45.4% -
TRUCK SERVICE ASSENEDE Lievegem €1.1m €89,377 48.8% 0
AMBICO Schaerbeek €1.3m €82,835 81.8% -
AMARE Lochristi €1.0m €139,195 29.9% 0
GLOBAL RESTYLING SERVICES Zandhoven €0.9m €97,002 7.8% -

These companies have the same main activity as THERAL: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €904,000 and €1.3m, founded between 1990 and 2001.

Official details

Source: KBO
Status
Active since 25-10-1993Normal situation
Activity
Agents specialised in the wholesale of other particular productsNACE 46180
Establishment unit
2.064.303.1241050 Ixelles, since 16-11-1993
Financial year end
31 December
Peppol
Reachable since 28-11-2025
Company details

Annual accounts 2025

≈ €420,000estimated
€1.3m▲ 3.2%
Filing
Filed on 16-06-2026, 45 days before the end of the filing period
Financials

Insights on THERAL

THERAL files the abbreviated format. That format states no turnover. The gross margin rose from €77,857 in 2006 to €111,531 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 THERAL

What is the company number of THERAL?
The company number of THERAL is 0451.168.675. The VAT number is the same number with BE in front: BE 0451.168.675.
Where is THERAL based?
The registered office is at Verbindingslaan 5, 1060 Sint-Gillis (bij-Brussel).Company details
What does THERAL do?
According to the KBO register, the main activity is agents specialised in the wholesale of other particular products (NACE 46180).
What is the legal form of THERAL?
THERAL is a private limited company (BV).
When was THERAL founded?
THERAL was founded on 25-10-1993.
Is THERAL still active?
Yes, THERAL is an active enterprise in the KBO register.
What is the turnover of THERAL?
The turnover in financial year 2025 is ≈ €420,000. This figure is estimated from the gross margin of €111,531 and 31 comparable companies (NACE 461). It probably lies between €200,000 and €1.0m.Financials
Is THERAL profitable?
In financial year 2025, THERAL made a profit of €67,684.
Where can I find the annual accounts of THERAL?
THERAL filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of THERAL due?
THERAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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