THIEMEN
ActiveSummary
THIEMEN has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €352k and a net result of €24k. Equity is growing by ~23% per year across the filed fiscal years. Its solvency ranks better than 73% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74=
Solvency82▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 0.99 in 2024; short-term debt: 16.8% and cash: 4.3% of total assets), and 42.7% of the assets are financed with debt.
Credit check 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2025Solvency, return and age of the figures
Solvency
57.3%
Return on assets
4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
7 d early
2023
on the day
2022
11 d early
2021
3 d early
2020
2 d early
2019
17 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€352k▲ 7.5%
2024 · €328k
2019: €116k
2020: €125k
2021: €166k
2022: €233k
2023: €303k
2024: €328k
2019 → 2025
Total assets
€614k▼ 2.7%
2024 · €632k
2019: €551k
2020: €520k
2021: €530k
2022: €528k
2023: €624k
2024: €632k
2019 → 2025
Net result
€24k▲ 0.1%
2024 · €24k
2019: €14k
2020: €18k
2021: €40k
2022: €87k
2023: €93k
2024: €24k
2019 → 2025
Working capital
€29k
2024 · €-1k
2019: €-85k
2020: €-56k
2021: €-74k
2022: €-35k
2023: €-12k
2024: €-1k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€166k-€233k▲ 40.3%€303k▲ 30.3%€328k▲ 8.1%€352k▲ 7.5%
Operating result€52k-€112k▲ 115%€134k▲ 19.7%€47k▼ 64.9%€48k▲ 3.1%
Net result€40k-€87k▲ 115%€93k▲ 6.6%€24k▼ 73.6%€24k▲ 0.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 3% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €614k
Fixed assets
€481k ▼ 7.3%
Current assets
€133k ▲ 18.6%
Equity and liabilities €614k
Equity
€352k ▲ 7.5%
Debt
€262k ▼ 13.7%
Debt's share of the balance-sheet total falls from 48.1% to 42.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€94k▲
2024 · €89k
Cash flow
€70k▲
2024 · €66k
Current ratio
1.28▲
2024 · 0.99
Quick ratio
1.26▲
2024 · 0.97
Debt to equity
0.74▼
2024 · 0.93
ROE
6.9%▼
2024 · 7.5%
ROA
4.0%▲
2024 · 3.9%
Interest coverage
7.08▲
2024 · 6.10
Debt ≤ 1 year
€103k▼
2024 · €113k
Debt > 1 year
€159k▼
2024 · €191k
Income taxes
€15k▲
2024 · €12k
Staff costs
€592▼
2024 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€632k€614k▼
Fixed assets21/28€519k€481k▼
Tangible fixed assets22/27€519k€481k▼
Land and buildings22€418k€401k▼
Plant, machinery and equipment23€42k€37k▼
Furniture and vehicles24€3k€1k▼
Leasing and similar rights25€57k€42k▼
Current assets29/58€112k€133k▲
Stocks and contracts in progress3€2k€3k▲
Stocks30/36€2k€3k▲
Amounts receivable within one year40/41€99k€102k▲
Other amounts receivable41€99k€102k▲
Cash at bank and in hand54/58€8k€27k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€632k€614k▼
Equity10/15€328k€352k▲
Contributions10/11€6k€6k=
Reserves13€321k€346k▲
Tax-exempt reserves132€28k€28k=
Distributable reserves133€293k€318k▲
Amounts payable17/49€304k€262k▼
Amounts payable after more than one year17€191k€159k▼
Financial debts170/4€191k€159k▼
Amounts payable within one year42/48€113k€103k▼
Current portion of amounts payable after more than one year42€64k€47k▼
Financial debts43€12k-
Credit institutions430/8€12k-
Trade debts44€14k€34k▲
Suppliers440/4€14k€34k▲
Taxes, remuneration and social security45€23k€23k▼
Taxes450/3€23k€23k▼
Income statement
Code20242025
Remuneration, social security and pensions62€23k€592▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€46k▲
Other operating charges640/8€8k€8k▲
Gross operating margin9900€119k€103k▼
Operating profit (loss)9901€47k€48k▲
Financial income75/76B€4k€5k▲
Recurring financial income75€4k€5k▲
Financial charges65/66B€15k€13k▼
Recurring financial charges65€15k€13k▼
Profit (loss) for the period before taxes9903€37k€40k▲
Income taxes67/77€12k€15k▲
Profit (loss) for the period9904€24k€24k▲
Profit (loss) for the period to be appropriated9905€24k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€24k▲
Transfer to equity691/2€24k€24k▲
To other reserves6921€24k€24k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €93k ▲6.6%
Operating result €134k, net result €93k, both a record.
20-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €200kEq €233k ▲40.3%
4 profitable years in a row build equity to €233k.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €150kEq €166k ▲32.2%
3 profitable years in a row build equity to €166k.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
07-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Nieuwpoort · 1 establishment unit since 2003
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.
Dockaertstraat 38620 NieuwpoortGround area
795 m²
Building footprint
169 m²
Volume, LiDAR
671 m³
Parcel 38016A0044/00V009, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Thiemen
since 20032.132.905.779
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38016A0044/00V009 | Flanders | 795 m² | 1 · 169 m² | 6.6 m · 1 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.
Similar companies · same sector, comparable size
BEACH NUMBER 1
BE 0649.548.028
Knokke-Heist · Eq €353k
JAROBLI
BE 0811.652.646
Wielsbeke · Eq €354k
STUDIO MEMPHIS
BE 0807.328.624
Gent · Eq €349k
CAVE SAINT JACQUES
BE 0880.361.409
Tournai · Eq €356k
DELANEY
BE 0826.424.459
Brugge · Eq €348k
Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. 2,424 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-07-2003
Fiscal year end30-06
Activities, NACEBEL 2025
56301Cafés and bars
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.