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THIELMAN

Active
Private limited companyfounded 1989active for 37 yearsMargrietstraat(MD) 127, 9170 Sint-Gillis-Waas, BelgiumKBO/BCE: BE 0437.525.923

From the official registers: KBO 37 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

THIELMAN has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of €415,334, of which €325,395 non-recurring income. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 86% of 2,072 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 25-05-1989 Normal situation
Activity
Growing of vegetables, melons, roots and tubers NACE 01130and 3 others
Establishment unit
2.043.695.671 9170 Sint-Gillis-Waas, since 13-06-1989
Financial year end
31 December
Peppol
Reachable since 19-12-2024

Board and ownership

Board
  • Thielman KrisDirector

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€836,186
▲ 41.3%
Turnover
≈ €2.1m
estimated
Profit
€415,334
▲ 119%
Equity
€2.1m
▲ 12.0%
Total assets
€2.6m
▲ 3.6%
Filed on 22-07-2026, 9 days before the deadlineat the National Bank
Score breakdownraises risk1 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed on 22-07-2026)Size: total assets €2.6mSector: Crop and animal production, hunting and related service activities (NACE 01)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 72% of small companies in crop and animal production (NACE 01)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 81.1% of total assets
Liquidity 49+2
short-term debt 16.7% · cash 2.6%
Profitability 89+11
return on assets 16.1%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (907 companies, NACE 01, small)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 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: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 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: 0.2%▲ +0.2 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026highest value 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €200,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.32 (2.99 in 2024), above the usual 1.5. Short-term debt is 16.7% and cash 2.6% of total assets. 18.9% of the assets are financed with debt and provisions.
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 01, small). It does better than 91% of them on solvency, 50% on liquidity, 90% on profitability and 59% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed on 22-07-2026)
NBB · annual accounts
lowers risk · Size: total assets €2.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Crop and animal production, hunting and related service activities (NACE 01)
KBO
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
9 days early
2024
44 days early
2023
19 days late
2022
12 days early
2021
25 days late
2020
54 days late
2019
21 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 8 days after the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% 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 22 July (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Result rose in 2025mostly from a one-off income of €325,395 ▲ 119% View
  • Positive: 3rd oldest company in Sint-Gillis-Waas, Agriculture, forestry and fishing sectorin the Checked rankings No. 3 View
  • Positive: 8 profitable years in a rowprofit 2025: €415,334, mostly one-off 8 years View

Comparable companies

These companies have the same main activity as THIELMAN: growing of vegetables, melons, roots and tubers (NACE 01130). They are comparable in size and age: total assets between €3.1m and €5m, founded between 1983 and 2001.

CompanyTotal assetsGross margin
THIELMAN Sint-Gillis-Waas€2.6m€0.8m
A & D NAENEN Nijlen€4.0m€1.4m
ALGO Maldegem€4.5m€0.7m
REGIMA Braine-l'Alleud€3.8m€0.5m
DESMEDT DAIRY Lendelede€5.0m€0.6m
VAN ALPHEN AARDBEIENPLANTEN Hoogstraten€4.1m€0.6m
AGRERO Beveren-Kruibeke-Zwijndrecht€3.1m€0.4m
Full comparison

Documents

Annual accounts at the NBB

All 37 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about THIELMAN

What is the company number of THIELMAN?
The company number of THIELMAN is 0437.525.923. The VAT number is the same number with BE in front: BE 0437.525.923.
Where is THIELMAN based?
The registered office is at Margrietstraat(MD) 127, 9170 Sint-Gillis-Waas.Company details
What does THIELMAN do?
According to the KBO register, the main activity is growing of vegetables, melons, roots and tubers (NACE 01130).
What is the legal form of THIELMAN?
The legal form of THIELMAN is Private limited company (BV).
When was THIELMAN founded?
THIELMAN was founded on 25-05-1989.
Is THIELMAN still active?
Yes, THIELMAN is an active enterprise in the KBO register.
What is the turnover of THIELMAN?
The turnover in financial year 2025 is ≈ €2.1m. This figure is estimated from the gross margin of €836,186 and 30 comparable companies (NACE 01). It probably lies between €1.5m and €2.6m.Financials
Is THIELMAN profitable?
In financial year 2025, THIELMAN made a profit of €415,334.
Where can I find the annual accounts of THIELMAN?
THIELMAN filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of THIELMAN due?
THIELMAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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