Summary
THICOP is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €137,039 and a net result of €36,515. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 88% of 9872 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
34 d early
2022
31 d early
2021
2 d early
2020
31 d early
2019
101 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€137,039▲ 36.3%
2023 · €100,524
Net result
€36,515▲ 107%
2023 · €17,599
Total assets
€151,949▲ 37.2%
2023 · €110,751
Solvency
90.2%▼ 0.6pp
2023 · 90.8%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€18,054▲ 40.0%€24,308▲ 34.6%€15,340▼ 36.9%€29,656▲ 93.3%€55,175▲ 86.0%
Net result€11,302within the sector's middle half▲ 46.9%€16,311within the sector's middle half▲ 44.3%€19,650within the sector's middle half▲ 20.5%€17,599within the sector's middle half▼ 10.4%€36,515within the sector's middle half▲ 107%
Equity€60,907within the sector's middle half▼ 15.8%€63,276within the sector's middle half▲ 3.9%€82,926within the sector's middle half▲ 31.1%€100,524within the sector's middle half▲ 21.2%€137,039within the sector's middle half▲ 36.3%
Total assets€92,414below the sector's middle half▲ 3.7%€87,166below the sector's middle half▼ 5.7%€99,204below the sector's middle half▲ 13.8%€110,751below the sector's middle half▲ 11.6%€151,949within the sector's middle half▲ 37.2%
Debt€31,507▲ 87.9%€23,891▼ 24.2%€16,279▼ 31.9%€10,227▼ 37.2%€14,910▲ 45.8%
Working capital€59,916within the sector's middle half▼ 10.7%€62,051within the sector's middle half▲ 3.6%€82,446within the sector's middle half▲ 32.9%€100,294within the sector's middle half▲ 21.6%€135,494within the sector's middle half▲ 35.1%
Solvency65.9%within the sector's middle half▼ 15.3pp72.6%within the sector's middle half▲ 6.7pp83.6%above the sector's middle half▲ 11.0pp90.8%above the sector's middle half▲ 7.2pp90.2%above the sector's middle half▼ 0.6pp
Current ratio2.90within the sector's middle half▼ 2.103.60within the sector's middle half▲ 0.706.06above the sector's middle half▲ 2.4710.81above the sector's middle half▲ 4.7410.09above the sector's middle half▼ 0.72
Return on assets (ROA)12.2%within the sector's middle half▲ 3.6pp18.7%within the sector's middle half▲ 6.5pp19.8%within the sector's middle half▲ 1.1pp15.9%within the sector's middle half▼ 3.9pp24.0%within the sector's middle half▲ 8.1pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 86% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €151,949
Fixed assets
€1,545 ▲ 570%
Current assets
€150,404 ▲ 36.1%
Equity and liabilities €151,949
Equity
€137,039 ▲ 36.3%
Debt
€14,910 ▲ 45.8%
Debt's share of the balance-sheet total rises from 9.2% to 9.8%. Equity and debt are higher.
Key figures and ratios
ROE
26.6%▲
2023 · 17.5%
Debt ≤ 1 year
€14,910▲
2023 · €10,227
Income taxes
€17,908▲
2023 · €9,499
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,283 | €514 | €745 | €249 | €336 | ▲ 34.8% |
| Other operating charges640/8 | - | €252 | €219 | €301 | €633 | ▲ 110% |
| Gross operating margin9900 | €22,753 | €25,074 | €16,303 | €30,206 | €56,144 | ▲ 85.9% |
| Operating profit (loss)9901 | €18,054 | €24,308 | €15,340 | €29,656 | €55,175 | ▲ 86.0% |
| Financial income75/76B | - | €162 | €12,886 | €0 | €1,067 | - |
| Recurring financial income75 | €360 | €162 | €1 | €0 | €1,067 | - |
| Non-recurring financial income76B | - | - | €12,885 | €0 | - | - |
| Financial charges65/66B | - | €418 | €803 | €2,559 | €1,820 | ▼ 28.9% |
| Recurring financial charges65 | €543 | €418 | €803 | €2,559 | €1,820 | ▼ 28.9% |
| Profit (loss) for the period before taxes9903 | €17,871 | €24,052 | €27,422 | €27,097 | €54,422 | ▲ 101% |
| Income taxes67/77 | €6,569 | €7,741 | €7,772 | €9,499 | €17,908 | ▲ 88.5% |
| Profit (loss) for the period9904 | €11,302 | €16,311 | €19,650 | €17,599 | €36,515 | ▲ 107% |
| Profit (loss) for the period to be appropriated9905 | €11,302 | €16,311 | €19,650 | €17,599 | €36,515 | ▲ 107% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €92,414 | €87,166 | €99,204 | €110,751 | €151,949 | ▲ 37.2% |
| Fixed assets21/28 | €991 | €1,224 | €480 | €231 | €1,545 | ▲ 570% |
| Tangible fixed assets22/27 | €991 | €1,224 | €480 | €231 | €1,545 | ▲ 570% |
| Plant, machinery and equipment23 | - | €729 | €480 | €231 | €1,545 | ▲ 570% |
| Furniture and vehicles24 | - | €496 | €0 | - | - | - |
| Current assets29/58 | €91,423 | €85,942 | €98,725 | €110,520 | €150,404 | ▲ 36.1% |
| Amounts receivable after more than one year29 | - | €0 | - | - | - | - |
| Other amounts receivable291 | - | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €9,621 | €2,095 | €8,847 | €9,518 | €10,577 | ▲ 11.1% |
| Trade receivables40 | - | €654 | €8,847 | €9,449 | €10,577 | ▲ 11.9% |
| Other amounts receivable41 | - | €1,440 | €0 | €70 | €0 | ▼ 100% |
| Current investments50/53 | - | - | - | - | €70,000 | - |
| Cash at bank and in hand54/58 | €66,802 | €83,847 | €79,933 | €93,544 | €64,854 | ▼ 30.7% |
| Deferred charges and accrued income490/1 | - | - | €9,944 | €7,458 | €4,972 | ▼ 33.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €92,414 | €87,166 | €99,204 | €110,751 | €151,949 | ▲ 37.2% |
| Equity10/15 | €60,907 | €63,276 | €82,926 | €100,524 | €137,039 | ▲ 36.3% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €54,707 | €57,076 | €76,726 | €94,324 | €130,839 | ▲ 38.7% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €0 | ▼ 100% |
| Distributable reserves133 | - | €55,216 | €74,866 | €92,464 | €130,839 | ▲ 41.5% |
| Profit (loss) carried forward14 | - | €0 | €0 | - | - | - |
| Amounts payable17/49 | €31,507 | €23,891 | €16,279 | €10,227 | €14,910 | ▲ 45.8% |
| Amounts payable within one year42/48 | €31,507 | €23,891 | €16,279 | €10,227 | €14,910 | ▲ 45.8% |
| Trade debts44 | €3,672 | €547 | €122 | €319 | €2,674 | ▲ 738% |
| Suppliers440/4 | - | €547 | €122 | €319 | €2,674 | ▲ 738% |
| Taxes, remuneration and social security45 | - | €9,401 | €7,233 | €2,271 | €4,437 | ▲ 95.4% |
| Taxes450/3 | - | €9,401 | €4,913 | €2,271 | €4,437 | ▲ 95.4% |
| Remuneration and social security454/9 | - | - | €2,320 | €0 | - | - |
| Other amounts payable47/48 | - | €13,942 | €8,924 | €7,637 | €7,799 | ▲ 2.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,302 | €16,311 | €19,650 | €17,599 | €36,515 | ▲ 107% |
| + Depreciation and write-downs630 | €4,283 | €514 | €745 | €249 | €336 | ▲ 34.8% |
| Operating cash flow (approximation) | €15,586 | €16,825 | €20,395 | €17,848 | €36,850 | ▲ 106% |
| Investment in fixed assets (approximation) | - | -€747 | €0 | €0 | -€1,650 | - |
| Change in cash | - | €17,045 | -€3,914 | €13,611 | -€28,689 | ▼ 311% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €36,515 ▲107%
Operating result €55,175, net result €36,515, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100,000Eq €100,524 ▲21.2%
6 profitable years in a row build equity to €100,524.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
31-12
Financial
Weakest financial yearnet €7,694 ▼53.3%
Net result drops to €7,694, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Lier · 1 establishment unit since 2007
Ground area
849 m²
Building footprint
274 m²
Volume, LiDAR
1,301 m³
Parcel 12392C0508/00T000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Thicop
since 20072.162.504.439
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12392C0508/00T000 | Flanders | 849 m² | 1 · 274 m² | 8.7 m · 2 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.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 13,051 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
Founded12-03-2007
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Contact
E-mail
thierry.ophoff@telenet.be
Phone
0487743232
E-invoicing
Reachable via Peppol
Peppol ID
0208:0888080629
Also
9925:BE0888080629
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.