Thienpondt Technical Solutions
ActiveThienpondt Technical Solutions has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €100k and a net result of €49k. Equity is growing by ~61.6% per year across the filed fiscal years. Its solvency ranks better than 59% of 391 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+8
Solvency88▼-9
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.45 against 3.22 in 2024; short-term debt: 36.6% and cash: 27.1% of total assets), and 36.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 2025Solvency, return and age of the figures
Solvency
63.4%
Return on assets
31.5%
Age of the figures
9 mo
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 03-04-2026, 119 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
119 d early
2024
24 d early
2023
30 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€100k▲ 98.7%
2024 · €50k
2023: €38k
2024: €50k
2023 → 2025
Total assets
€157k▲ 125%
2024 · €70k
2023: €85k
2024: €70k
2023 → 2025
Net result
€49k▲ 277%
2024 · €13k
2023: €34k
2024: €13k
2023 → 2025
Working capital
€83k▲ 91.2%
2024 · €44k
2023: €28k
2024: €44k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€38k-€50k▲ 32.5%€100k▲ 98.7%
Operating result€45k-€18k▼ 61.2%€67k▲ 282%
Net result€34k-€13k▼ 61.0%€49k▲ 277%
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 282% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €157k
Fixed assets
€16k▲ 149%
Current assets
€141k▲ 123%
Equity and liabilities €157k
Equity
€100k▲ 98.7%
Debt
€57k▲ 192%
The debt ratio rises from 28.2% to 36.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€71k▲
2024 · €21k
Cash flow
€54k▲
2024 · €17k
Solvency
63.4%▼
2024 · 71.8%
Current ratio
2.45▼
2024 · 3.22
Quick ratio
1.87▼
2024 · 2.03
Debt / equity
0.58▲
2024 · 0.39
ROE
49.7%▲
2024 · 26.2%
ROA
31.5%▲
2024 · 18.8%
Interest coverage
450.88▲
2024 · 178.07
Debt
€57k▲
2024 · €20k
Debt ≤ 1 year
€57k▲
2024 · €20k
Income taxes
€18k▲
2024 · €5k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€70k€157k▲
Fixed assets21/28€6k€16k▲
Tangible fixed assets22/27€6k€16k▲
Land and buildings22-€2k
Plant, machinery and equipment23€6k€9k▲
Furniture and vehicles24€775€5k▲
Current assets29/58€63k€141k▲
Stocks and contracts in progress3€23k€33k▲
Stocks30/36€23k€33k▲
Amounts receivable within one year40/41€29k€60k▲
Trade receivables40€17k€49k▲
Other amounts receivable41€13k€11k▼
Cash at bank and in hand54/58€7k€42k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€70k€157k▲
Equity10/15€50k€100k▲
Contributions10/11€5k€5k=
Reserves13€45k€95k▲
Distributable reserves133€45k€95k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€20k€57k▲
Amounts payable within one year42/48€20k€57k▲
Trade debts44€13k€15k▲
Suppliers440/4€13k€15k▲
Advances received on contracts in progress46€0€13k▲
Taxes, remuneration and social security45€5k€9k▲
Taxes450/3€5k€9k▲
Other amounts payable47/48€2k€20k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€454€912▲
Gross operating margin9900€21k€72k▲
Operating profit (loss)9901€18k€67k▲
Financial income75/76B€203€59▼
Recurring financial income75€203€59▼
Financial charges65/66B€118€158▲
Recurring financial charges65€118€158▲
Profit (loss) for the period before taxes9903€18k€67k▲
Income taxes67/77€5k€18k▲
Profit (loss) for the period9904€13k€49k▲
Profit (loss) for the period to be appropriated9905€13k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€49k▲
Transfer to equity691/2€12k€49k▲
To other reserves6921€12k€49k▲
Profit to be distributed694/7€833€0▼
Return on contributions (dividend)694€833€0▼
The notes to these accounts (5 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
03-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €49k ▲277%
Operating result €67k, net result €49k, both a record.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €13k ▼61%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 3.22
Current ratio from 1.59 to 3.22; short-term debt falls from €47k to €20k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
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, Zwalm · 1 establishment unit since 2023
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.
Vredesplein(SDB) 349630 ZwalmGround area
651 m²
Building footprint
293 m²
Volume, LiDAR
2,146 m³
Parcel 45046B0506/00C000, Flanders · tallest building 13.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vredesplein(SDB) 34, 9630 Zwalm
since 20232.348.748.892
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45046B0506/00C000 | Flanders | 651 m² | 1 · 293 m² | 13.4 m · 2 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
INDUSTRIAL PUMPS
BE 0400.133.017
Kapellen · Eq €105k
Induvent
BE 0711.958.620
Merchtem · Eq €76k
CORMA
BE 0643.717.140
Wommelgem · Eq €155k
Durpa
BE 0892.946.663
Gent · Eq €167k
LIBAIR
BE 0793.381.905
Erpe-Mere · Eq €177k
Of 42 companies in sector 28130 we hold annual accounts for 33. 24 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-08-2023
Fiscal year end31-12
Activities, NACEBEL
28130Manufacture of machinery and equipment not elsewhere classified
27900Manufacture of electrical equipment
36000Water collection, treatment and supply
43211General electrical installation work
46645Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:franky.thienpondt1@telenet.be