Thiagocruz
ActiveSummary
The computed 12-month bankruptcy probability of Thiagocruz is 2.4% (moderate). The annual accounts of Thiagocruz for fiscal year 2025 show a net loss of 86% of total assets and of 66% of the equity at the start of that year. The 2025 annual accounts show equity of €2k and a net result of €-5k. Its solvency ranks better than 51% of 11322 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency68▼-24
Growth32
Track record82
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.76 against 3.04 in 2024; short-term debt: 56.8% and cash: 3.1% of total assets), but 56.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43.2%
Return on assets
-85.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 29-07-2026, 2 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
2 d early
2024
7 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2k▼ 66.5%
2024 · €7k
2024: €7k
2024 → 2025
Total assets
€5k▼ 47.9%
2024 · €10k
2024: €10k
2024 → 2025
Net result
€-5k
2024 · €4k
2024: €4k
2024 → 2025
Working capital
€2k▼ 66.5%
2024 · €7k
2024: €7k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€7k-€2k▼ 66.5%
Operating result€6k-€-3k
Net result€4k-€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3k after €6k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €5k
Equity
€2k ▼ 66.5%
Debt
€3k ▼ 10.1%
Debt's share of the balance-sheet total rises from 32.9% to 56.8%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.76▼
2024 · 3.04
Quick ratio
0.65▼
2024 · 1.25
Debt to equity
1.31▲
2024 · 0.49
ROE
-198.1%▼
2024 · 63.9%
ROA
-85.6%▼
2024 · 42.9%
Debt ≤ 1 year
€3k▼
2024 · €3k
Income taxes
€208▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet
Code20242025
Assets
Total assets20/58€10k€5k▼
Current assets29/58€10k€5k▼
Stocks and contracts in progress3€6k€3k▼
Stocks30/36€6k€3k▼
Amounts receivable within one year40/41€3k€2k▼
Trade receivables40-€2k
Other amounts receivable41€3k-
Cash at bank and in hand54/58€1k€165▼
Equity and liabilities
Total equity and liabilities10/49€10k€5k▼
Equity10/15€7k€2k▼
Contributions10/11€3k€3k=
Reserves13€4k€4k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14-€-5k
Amounts payable17/49€3k€3k▼
Amounts payable within one year42/48€3k€3k▼
Trade debts44€2k€735▼
Suppliers440/4€2k€735▼
Taxes, remuneration and social security45€2k€2k▲
Taxes450/3€2k€2k▲
Income statement
Code20242025
Other operating charges640/8€899€400▼
Gross operating margin9900€7k€-3k▼
Operating profit (loss)9901€6k€-3k▼
Financial charges65/66B€8€1k▲
Recurring financial charges65€8€1k▲
Profit (loss) for the period before taxes9903€6k€-4k▼
Income taxes67/77€2k€208▼
Profit (loss) for the period9904€4k€-5k▼
Profit (loss) for the period to be appropriated9905€4k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€-5k▼
Transfer to equity691/2€4k-
To other reserves6921€4k-
The notes to these accounts (1 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
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, Westerlo · 1 establishment unit since 2023
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.
Mechelsestraat 242260 WesterloGround area
359 m²
Building footprint
132 m²
Volume, LiDAR
754 m³
Parcel 13028A0179/00E003, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Thiagocruz
since 20232.352.747.074
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13028A0179/00E003 | Flanders | 359 m² | 1 · 131 m² | 10.3 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.
Similar companies · same sector, comparable size
CRM14
BE 0432.846.167
Nazareth-De Pinte · Eq €2,328
PYCKAVET
BE 0834.052.223
Damme · Eq €2,329
SANIS & SYNEOS
BE 0739.764.857
Nivelles · Eq €2,312
GROW RESOURCE
BE 0684.854.444
Antwerpen · Eq €2,307
BP et SI
BE 0458.472.577
Zaventem · Eq €2,298
Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 625 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95313Repair and fitting of specific motor vehicle parts
46140Agents in the wholesale of industrial machinery, ships and aircraft
47120Other non-specialised retail sale
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.