Equity
€152,666 from €351,871 in 2022
Equity fell by 57% in 3 years.
Thibaud Delva Advocaat
Lifetime
6 annual accounts with figures on one time axispeak €209,452 (2025)
€209,452▲ 16.6%
peak €150,234 (2025)
€150,234▲ 14.3%
peak €351,871 (2022)
€152,666▲ 15.3%
€193,079▲ 228%
Board1 name since 2019
1 directorDELVA Thibaud Frank
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €179,655 to €209,452Dividend €130,000Equity from €132,432 to €152,666Debts from €58,826 to €193,079Cash from €110,993 to €191,537
Key points
from the 2025 annual accountsTurnover
≈ €370,000 estimated
The accounts state no turnover.
Debts
€193,079 ▲ 228%
Debts rose by €134,253 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Liquidity
1.62 was 2.68 in 2024
Short-term debts rose from €58,738 to €192,990.
Filings
6 annual accounts 6 late
The 2020 accounts came latest: 122 days after the end of the period.
Position in the sector
€150,234
Higher net result than 89% of companies in legal and accounting. Sector median €37,394 · 15,826 companies.
Checked score
95
Excellent
Financially stronger than 61% of micro companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: < 0.1% across 20,107 companies (NACE 69, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.2%▲ +0.1 percentage points vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.3%▲ +0.1 percentage points vs 07-2025highest value
09-2025: < 0.1%▼ -0.3 percentage points vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Sector: Legal and accounting activities (NACE 69)
Liquidity: current ratio 1.62, cash €191,537
Size: total assets €345,745
Figures for financial year 2025 (filed on 29-08-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro). It does better than 41% of them on solvency, 60% on liquidity, 82% on profitability and 60% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as Thibaud Delva Advocaat has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Thibaud Delva Advocaat itself is lower: < 0.1% within 12 months. It rests on far more data about Thibaud Delva Advocaat than the profile alone.
Test of the method
The method was tested on the 497,447 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 | 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 26,972 companies, not a prediction for Thibaud Delva Advocaat. 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
Credit of up to €14,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.62 (2.68 in 2024), above the usual 1.5. Short-term debt is 55.8% and cash 55.4% of total assets. However, 55.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €152,666
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filingsDeviation from the deadline
2025
28 days late
2024
5 days late
2023
30 days late
2022
28 days late
2021
30 days late
2020
122 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 41 days after the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0739718436
Registered-office move
Gazette deed
Incorporation
Founding capital of €1,000, 100 shares · Founder: DELVA Thibaud Jozef C. · Appointment: DELVA Thibaud Frank (director) · published on 19-12-2019 · Gazette deed
First establishment
Prinses Joséphine Charlottelaan 8, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Thibaud Delva Advocaat Antwerp | €345,745 | €209,452 | 44.2% | - |
| Dave van Moppes advocaat Kapellen | €386,005 | €218,933 | 97.6% | - |
| ADVOTURA Turnhout | €321,070 | €221,698 | 67.1% | - |
| BKLZ Ham-sur-Heure-Nalinnes | €362,629 | €212,454 | 6.7% | - |
| CITALEX Namur | €363,333 | €212,225 | 40.8% | - |
| CABINET D'AVOCAT CAVELIER SRL Bouillon | €357,820 | €213,395 | 81.0% | - |
| MA-LAW Aalst | €367,862 | €207,097 | 48.7% | - |
These companies have the same main activity as Thibaud Delva Advocaat: activities of lawyers (NACE 69101). They are comparable in size and age: total assets between €321,000 and €386,000, founded between 2019 and 2020.
Official details
Source: KBO- Status
- Active since 17-12-2019Normal situation
- Activity
- Activities of lawyersNACE 69101
- Establishment unit
- 2.296.996.9192600 Antwerp, since 17-12-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 27-10-2025
Insights on Thibaud Delva Advocaat
Thibaud Delva Advocaat files the micro format. That format states no turnover. The gross margin rose from €139,905 in 2020 to €209,452 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 Thibaud Delva Advocaat
- What is the company number of Thibaud Delva Advocaat?
- The company number of Thibaud Delva Advocaat is 0739.718.436. The VAT number is the same number with BE in front: BE 0739.718.436.
- Where is Thibaud Delva Advocaat based?
- The registered office is at Prinses Joséphine Charlottelaan 8, 2600 Antwerp.Company details
- What does Thibaud Delva Advocaat do?
- According to the KBO register, the main activity is activities of lawyers (NACE 69101).
- What is the legal form of Thibaud Delva Advocaat?
- Thibaud Delva Advocaat is a private limited company (BV).
- When was Thibaud Delva Advocaat founded?
- Thibaud Delva Advocaat was founded on 17-12-2019.
- Is Thibaud Delva Advocaat still active?
- Yes, Thibaud Delva Advocaat is an active enterprise in the KBO register.
- What is the turnover of Thibaud Delva Advocaat?
- The turnover in financial year 2025 is ≈ €370,000. This figure is estimated from the gross margin of €209,452 and 38 comparable companies (NACE 691). It probably lies between €290,000 and €550,000.Financials
- Is Thibaud Delva Advocaat profitable?
- In financial year 2025, Thibaud Delva Advocaat made a profit of €150,234.
- Where can I find the annual accounts of Thibaud Delva Advocaat?
- Thibaud Delva Advocaat filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Thibaud Delva Advocaat due?
- Thibaud Delva Advocaat must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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