THIBROX
ActiveTHIBROX has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €369k and a net result of €88k. Equity is growing by ~43.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 8969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability98▼-2
Solvency100=
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 41.91 against 6.65 in 2023; short-term debt: 2.2% and cash: 25% of total assets), and 2.2% 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.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2024Solvency, return and age of the figures
Solvency
97.8%
Return on assets
23.3%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-05-2025, 63 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
63 d early
2023
50 d early
2022
45 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€369k▲ 31.3%
2023 · €281k
2022: €126k
2023: €281k
2022 → 2024
Total assets
€377k▲ 16.1%
2023 · €325k
2022: €165k
2023: €325k
2022 → 2024
Net result
€88k▼ 43.2%
2023 · €155k
2022: €124k
2023: €155k
2022 → 2024
Working capital
€347k▲ 39.1%
2023 · €250k
2022: €124k
2023: €250k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€126k-€281k▲ 123%€369k▲ 31.3%
Operating result€178k-€201k▲ 13.2%€113k▼ 43.7%
Net result€124k-€155k▲ 24.9%€88k▼ 43.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 44% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €377k
Fixed assets
€22k▼ 30.5%
Current assets
€356k▲ 21.1%
Equity and liabilities €377k
Equity
€369k▲ 31.3%
Debt
€8k▼ 80.8%
The debt ratio falls from 13.6% to 2.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€123k▼
2023 · €208k
Cash flow
€98k▼
2023 · €162k
Solvency
97.8%▲
2023 · 86.4%
Current ratio
41.91▲
2023 · 6.65
Quick ratio
41.91▲
2023 · 6.65
Debt / equity
0.02▼
2023 · 0.16
ROE
23.9%▼
2023 · 55.1%
ROA
23.3%▼
2023 · 47.6%
Interest coverage
23.91▼
2023 · 683.94
Debt
€8k▼
2023 · €44k
Debt ≤ 1 year
€8k▼
2023 · €44k
Income taxes
€24k▼
2023 · €46k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€325k€377k▲
Fixed assets21/28€31k€22k▼
Tangible fixed assets22/27€31k€22k▼
Plant, machinery and equipment23€1k€847▼
Furniture and vehicles24€30k€21k▼
Current assets29/58€294k€356k▲
Amounts receivable within one year40/41€55k€11k▼
Trade receivables40€55k€1k▼
Other amounts receivable41-€10k
Current investments50/53€160k€250k▲
Cash at bank and in hand54/58€79k€94k▲
Equity and liabilities
Total equity and liabilities10/49€325k€377k▲
Equity10/15€281k€369k▲
Contributions10/11€2k€2k=
Reserves13€279k€367k▲
Distributable reserves133€279k€367k▲
Amounts payable17/49€44k€8k▼
Amounts payable within one year42/48€44k€8k▼
Trade debts44€643€2k▲
Suppliers440/4€643€2k▲
Taxes, remuneration and social security45€41k€4k▼
Taxes450/3€41k€4k▼
Other amounts payable47/48€3k€3k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€10k▲
Other operating charges640/8€595€513▼
Non-recurring operating charges66A€7k-
Gross operating margin9900€215k€123k▼
Operating profit (loss)9901€201k€113k▼
Financial income75/76B€2€4k▲
Recurring financial income75€2€4k▲
Financial charges65/66B€304€5k▲
Recurring financial charges65€304€5k▲
Profit (loss) for the period before taxes9903€201k€112k▼
Income taxes67/77€46k€24k▼
Profit (loss) for the period9904€155k€88k▼
Profit (loss) for the period to be appropriated9905€155k€88k▼
Appropriation of the result
Profit (loss) to be appropriated9906€155k€88k▼
Transfer to equity691/2€155k€88k▼
To other reserves6921€155k€88k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €88k ▼43.2%
Net result drops to €88k, the lowest in the series.
31-12
Financial
Liquidity times 6current ratio 41.91
Current ratio from 6.65 to 41.91; short-term debt falls from €44k to €8k.
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €155k ▲24.9%
Operating result €201k, net result €155k, both a record.
31-12
Financial
Equity above €200kEq €281k ▲123%
2 profitable years in a row build equity to €281k.
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · 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, Zaventem · 1 establishment unit since 2021
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.
Woluwestraat 351930 ZaventemGround area
217 m²
Building footprint
108 m²
Volume, LiDAR
910 m³
Parcel 23772C0004/00D003, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
THIBROX
since 20212.319.999.478
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23772C0004/00D003 | Flanders | 217 m² | 1 · 108 m² | 12.3 m · 3 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.
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Of 13,425 companies in sector 73300 we hold annual accounts for 6,900. 4,598 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-07-2021
Fiscal year end31-12
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.