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THICK Line

Active
Private limited companyfounded 20242 yrs activeZonneweeldelaan 21, 3600 Genk, BelgiumKBO/BCE: BE 1010.253.218
Summary

THICK Line has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37k and a net result of €34k. Its solvency ranks better than 65% of 958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes
Profitability100
Solvency92
Growth-
Track record67
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.07; short-term debt: 32.5% and cash: 32.6% of total assets), and 32.5% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
67.5%
Return on assets
62%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Printing and reproduction of recorded media (NACE 18)
about 11% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
26 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

THICK Line was incorporated on 11 June 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€37k
Total assets
€55k
Net result
€34k
Working capital
€19k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €55k
Fixed assets €18k
Current assets €37k
Equity and liabilities €55k
Equity €37k
Debt €18k
Debt finances 32.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€45k
Cash flow
€36k
Current ratio
2.07
Quick ratio
1.46
Debt to equity
0.48
ROE
91.8%
ROA
62.0%
Interest coverage
232.88
Debt ≤ 1 year
€18k
Income taxes
€9k
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€55k
Fixed assets21/28€18k
Intangible fixed assets21€13k
Financial fixed assets28€4k
Current assets29/58€37k
Stocks and contracts in progress3€11k
Stocks30/36€11k
Amounts receivable within one year40/41€8k
Trade receivables40€4k
Other amounts receivable41€3k
Cash at bank and in hand54/58€18k
Deferred charges and accrued income490/1€385
Equity and liabilities
Total equity and liabilities10/49€55k
Equity10/15€37k
Contributions10/11€3k
Reserves13€34k
Distributable reserves133€34k
Amounts payable17/49€18k
Amounts payable within one year42/48€18k
Trade debts44€218
Suppliers440/4€218
Taxes, remuneration and social security45€18k
Taxes450/3€18k
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k
Other operating charges640/8€1k
Gross operating margin9900€46k
Operating profit (loss)9901€43k
Financial charges65/66B€194
Recurring financial charges65€194
Profit (loss) for the period before taxes9903€42k
Income taxes67/77€9k
Profit (loss) for the period9904€34k
Profit (loss) for the period to be appropriated9905€34k
Appropriation of the result
Profit (loss) to be appropriated9906€34k
Transfer to equity691/2€34k
To other reserves6921€34k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k
Other operating charges640/8€1k
Gross operating margin9900€46k
Operating profit (loss)9901€43k
Financial charges65/66B€194
Recurring financial charges65€194
Profit (loss) for the period before taxes9903€42k
Income taxes67/77€9k
Profit (loss) for the period9904€34k
Profit (loss) for the period to be appropriated9905€34k
Line2025
Assets
Total assets20/58€55k
Fixed assets21/28€18k
Intangible fixed assets21€13k
Financial fixed assets28€4k
Current assets29/58€37k
Stocks and contracts in progress3€11k
Stocks30/36€11k
Amounts receivable within one year40/41€8k
Trade receivables40€4k
Other amounts receivable41€3k
Cash at bank and in hand54/58€18k
Deferred charges and accrued income490/1€385
Equity and liabilities
Total equity and liabilities10/49€55k
Equity10/15€37k
Contributions10/11€3k
Reserves13€34k
Distributable reserves133€34k
Amounts payable17/49€18k
Amounts payable within one year42/48€18k
Trade debts44€218
Suppliers440/4€218
Taxes, remuneration and social security45€18k
Taxes450/3€18k
Line2025
Profit (loss) for the period9904€34k
+ Depreciation and write-downs630€3k
Operating cash flow (approximation)€36k

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
26-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Genk · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,130 m²
Building footprint
208 m²
Volume, LiDAR
13,030 m³
Parcel 71305F0268/00A000, Flanders · tallest building 65.4 m, ±21 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
THICK Line
Zonneweeldelaan 21, 3600 GenkOther printing
since 20242.360.687.119
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71305F0268/00A000 Flanders 1,130 m² 1 · 208 m² 65.4 m · 21 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Genk2.360.687.119
1 permission
Detailhandel LM>3 maand · since 16-06-2025

Similar companies · same sector, comparable size

Of 2,856 companies in sector 18130 we hold annual accounts for 832. 664 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded11-06-2024
Fiscal year end31-12
Activities, NACEBEL 2025
18130Pre-press and pre-media services
18120Other printing
47120Other non-specialised retail sale
70200Business and other management consultancy
73300Public relations and communication consultancy
82100Office administrative and support services
82990Other business support services

Scores and ratios are computed by Checked and are not a credit decision.