Result
-€10,975 -€10,975
From profit to loss in 2025, after a profit of €77,920 in 2024.
Thierry BACH
Lifetime
7 annual accounts with figures on one time axispeak €211,049 (2024)
€95,763▼ 54.6%
lowest -€12,403 (2021)
-€10,975▼ €88,895
peak €85,480 (2024)
€74,505▼ 12.8%
€190,264▲ 9.2%
peak 1.7 FTE (2020)
-not published
Board2 names since 2018
1 directorBACH Thierry
Documentsfilings and deeds
25-09-202656 days late
2025micro format
Gross margin from €211,049 to €95,763Loss of €10,975Equity from €85,480 to €74,505
Key points
from the 2025 annual accountsTurnover
≈ €410,000 estimated
The micro format states no turnover.
Debts
€190,264 72% of the balance sheet
Financial debts 44%Suppliers 28%Taxes and wages 12%Other 16%
Of this, €107,904 falls due within a year.
Staff
1 employees on 31-12-2025
In 2025, nobody joined and 1 person left.
Filings
7 annual accounts 3 late
The 2025 accounts came latest: 56 days after the end of the period.
Position in the sector
-€10,975
Lower net result than 88% of companies in specialised construction. Sector median €10,184 · 35,124 companies.
Checked score
62
Healthy
Financially stronger than 28% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.3%
01-2025: 1.3%● unchanged vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.4%▲ +0.1 percentage points vs 03-2025
05-2025: 1.3%▼ -0.1 percentage points vs 04-2025
06-2025: 1.3%● unchanged vs 05-2025
07-2025: 1.4%▲ +0.1 percentage points vs 06-2025
08-2025: 2.0%▲ +0.6 percentage points vs 07-2025highest value
09-2025: 0.9%▼ -1.1 percentage points vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.8%▼ -0.1 percentage points vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.7%▼ -0.1 percentage points vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026lowest value
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 1.2%▲ +0.5 percentage points vs 07-2026
09-2026: 1.5%▲ +0.3 percentage points vs 08-2026
10-2026: 1.5%● unchanged vs 09-2026
11-2026: 1.5%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 56 days late; 1 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
Loss of €10,975 (financial year 2025)
Founded in 2018
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 43, micro). It does better than 30% of them on solvency, 31% on liquidity, 28% on profitability and 22% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,548 companies had the same profile as Thierry BACH has now. Each dot stands for 4 companies, two years later.
91.2%
were still trading
3.9%
stopped another way
4.3%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Thierry BACH itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,548 companies, not a prediction for Thierry BACH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.56 (1.5 in 2024), above the usual 1.5. Short-term debt is 40.8% and cash 8.5% of total assets. However, 71.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises risk
raises risk · 2025 accounts filed 56 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filingsDeviation from the deadline
2025
56 days late
2024
on the day
2023
30 days late
2022
41 days early
2021
18 days early
2020
7 days early
2019
49 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 10 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 31 July (4 of the last 5 accounts filed within 41 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Resignation: BACH Dieter Franz (director)
General meeting of 28-08-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0693753896
Changes of role: BACH Thierry (director) and BACH Dieter Franz (director)
Permanent representative: BACH Thierry · Director discharge: BACH Thierry · Director discharge: BACH Dieter Franz · General meeting of 08-12-2023 · Gazette deed
Appointment: Dieter BACH (director)
General meeting of 01-06-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Thierry BACH Butgenbach | €264,769 | €95,763 | 28.1% | - |
| SEFCO Heers | €279,915 | €87,742 | 65.8% | - |
| MORIMONT Ottignies-Louvain-la-Neuve | €252,556 | €104,931 | 36.9% | - |
| DE DAKDEKKER Blankenberge | €266,202 | €92,712 | 19.4% | 0 |
| COX Houtprojecten Hamont-Achel | €281,638 | €94,276 | 75.3% | - |
| Robby Engelbert Zottegem | €306,698 | €107,288 | 55.1% | - |
| Toiture Van Schoor Cédric Hamoir | €248,786 | €105,775 | 16.8% | - |
These companies have the same main activity as Thierry BACH: roofing work (NACE 43410). They are comparable in size and age: total assets between €249,000 and €307,000, founded between 2017 and 2019.
Official details
Source: KBO- Status
- Active since 29-03-2018Normal situation
- Activity
- Roofing workNACE 43410and 5 others
- Establishment unit
- 2.275.854.7784750 Butgenbach, since 29-03-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 05-02-2026
Annual accounts 2025
- €264,769▲ 1.9%
- Employeeson 31-12-2025
- 1▼ 50.0%
- Filing
- Filed on 25-09-2026
Insights on Thierry BACH
Thierry BACH files the micro format. That format states no turnover. The gross margin fell from €120,344 in 2019 to €95,763 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Thierry BACH
- What is the company number of Thierry BACH?
- The company number of Thierry BACH is 0693.753.896. The VAT number is the same number with BE in front: BE 0693.753.896.
- Where is Thierry BACH based?
- The registered office is at Nidrum,Feldstrasse 15, 4750 Butgenbach.Company details
- What does Thierry BACH do?
- According to the KBO register, the main activity is roofing work (NACE 43410).
- What is the legal form of Thierry BACH?
- Thierry BACH is a private limited company (BV).
- When was Thierry BACH founded?
- Thierry BACH was founded on 29-03-2018.
- Is Thierry BACH still active?
- Yes, Thierry BACH is an active enterprise in the KBO register.
- How many employees does Thierry BACH have?
- Thierry BACH had an average of 1.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Thierry BACH?
- The turnover in financial year 2025 is ≈ €410,000. This figure is estimated from the gross margin of €95,763 and 30 comparable companies (NACE 434). It probably lies between €260,000 and €560,000.
- Is Thierry BACH profitable?
- In financial year 2025, Thierry BACH made a loss of €10,975.
- Where can I find the annual accounts of Thierry BACH?
- Thierry BACH filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Thierry BACH due?
- Thierry BACH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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