THERIK
ActiveTHERIK has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €175k and a net result of €25k. Equity is growing by ~25% per year across the filed fiscal years. Its solvency ranks better than 61% of 16527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82=
Solvency99▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 2.74 against 2.17 in 2024; short-term debt: 25.5% and cash: 66.3% of total assets), and 26% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
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
74%
Return on assets
10.7%
Age of the figures
9 mo
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 07-07-2026, 24 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
24 d early
2024
17 d early
2023
26 d early
2022
24 d early
2021
30 d early
2020
24 d early
2019
23 d early
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€175k▲ 16.8%
2024 · €149k
2018: €25k
2019: €45k
2020: €56k
2021: €78k
2022: €101k
2023: €126k
2024: €149k
2018 → 2025
Total assets
€236k▲ 11.8%
2024 · €211k
2018: €33k
2019: €135k
2020: €147k
2021: €157k
2022: €177k
2023: €195k
2024: €211k
2018 → 2025
Net result
€25k▲ 8.3%
2024 · €23k
2018: €19k
2019: €20k
2020: €11k
2021: €22k
2022: €24k
2023: €25k
2024: €23k
2018 → 2025
Working capital
€105k▲ 48.0%
2024 · €71k
2018: €18k
2019: €-64k
2020: €-47k
2021: €-18k
2022: €15k
2023: €42k
2024: €71k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€78k-€101k▲ 30.9%€126k▲ 24.4%€149k▲ 18.4%€175k▲ 16.8%
Operating result€31k-€35k▲ 11.8%€35k▲ 1.7%€32k▼ 7.8%€35k▲ 8.7%
Net result€22k-€24k▲ 9.8%€25k▲ 3.2%€23k▼ 6.2%€25k▲ 8.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 9% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €236k
Fixed assets
€71k▼ 11.2%
Current assets
€165k▲ 25.9%
Equity and liabilities €236k
Equity
€175k▲ 16.8%
Provisions
€903▼ 20.1%
Debt
€61k=
The debt ratio falls from 28.7% to 25.7%. Equity is higher.
Key figures and ratios
EBITDA
€45k▲
2024 · €42k
Cash flow
€35k▲
2024 · €33k
Solvency
74.0%▲
2024 · 70.8%
Current ratio
2.74▲
2024 · 2.17
Quick ratio
2.73▲
2024 · 2.17
Debt / equity
0.35▼
2024 · 0.41
ROE
14.4%▼
2024 · 15.5%
ROA
10.7%▼
2024 · 11.0%
Interest coverage
164.66▲
2024 · 131.62
Debt
€61k=
2024 · €61k
Debt ≤ 1 year
€60k=
2024 · €60k
Income taxes
€10k▲
2024 · €8k
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€211k€236k▲
Fixed assets21/28€80k€71k▼
Tangible fixed assets22/27€80k€71k▼
Land and buildings22€75k€68k▼
Plant, machinery and equipment23-€884
Furniture and vehicles24€6k€3k▼
Current assets29/58€131k€165k▲
Stocks and contracts in progress3€510€612▲
Stocks30/36€510€612▲
Amounts receivable within one year40/41€7k€5k▼
Trade receivables40€7k€5k▼
Other amounts receivable41€256-
Cash at bank and in hand54/58€121k€157k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€211k€236k▲
Equity10/15€149k€175k▲
Contributions10/11€6k€6k=
Reserves13€107k€132k▲
Tax-exempt reserves132€3k€3k▼
Distributable reserves133€103k€129k▲
Profit (loss) carried forward14€37k€37k=
Provisions and deferred taxes16€1k€903▼
Deferred taxes168€1k€903▼
Amounts payable17/49€61k€61k=
Amounts payable within one year42/48€60k€60k=
Trade debts44€196€459▲
Suppliers440/4€196€459▲
Taxes, remuneration and social security45€71€3k▲
Taxes450/3€71€3k▲
Remuneration and social security454/9-€200
Other amounts payable47/48€60k€56k▼
Accrued charges and deferred income492/3€379€395▲
Income statement
Code20242025
Non-recurring operating income76A€7k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Other operating charges640/8€1k€700▼
Gross operating margin9900€43k€46k▲
Operating profit (loss)9901€32k€35k▲
Financial income75/76B€2€2▲
Recurring financial income75€2€2▲
Financial charges65/66B€319€275▼
Recurring financial charges65€319€275▼
Profit (loss) for the period before taxes9903€32k€35k▲
Transfer from deferred taxes780€147€227▲
Transfer to deferred taxes680€1k-
Income taxes67/77€8k€10k▲
Profit (loss) for the period9904€23k€25k▲
Transfer from tax-exempt reserves789€440€680▲
Transfer to tax-exempt reserves689€4k-
Profit (loss) for the period to be appropriated9905€20k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€56k€62k▲
Profit (loss) brought forward from the previous period14P€37k€37k=
Transfer to equity691/2€20k€26k▲
To other reserves6921€20k€26k▲
The notes to these accounts (7 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
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €25k ▲8.3%
Operating result €35k, net result €25k, both a record.
31-12
Financial
Equity above €150kEq €175k ▲16.8%
8 profitable years in a row build equity to €175k.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €101k ▲30.9%
5 profitable years in a row build equity to €101k.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €11k ▼44.6%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Hasselt · 1 establishment unit since 2016
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.
Stevoortse kiezel 2803512 HasseltGround area
1,106 m²
Building footprint
218 m²
Volume, LiDAR
1,171 m³
Parcel 71055B0451/00X011, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
THERIK BVBA
since 20162.252.718.003
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71055B0451/00X011 | Flanders | 1,106 m² | 1 · 217 m² | 7.9 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 2023 · 2 entries · 345 EUR awarded · 345 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 165 EUR | 165 EUR |
| 2022 | 1 | 180 EUR | 180 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,689 companies in sector 86951 we hold annual accounts for 2,142. 1,675 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-04-2016
Fiscal year end31-12
Activities, NACEBEL
86905Human health activities
86951Physiotherapy
47740Retail trade
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.