THIERRY SCHU
ActiveTHIERRY SCHU has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €687k and a net result of €49k. Equity is growing by ~24.3% per year across the filed fiscal years. Its solvency ranks better than 70% of 4860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-14
Solvency89▲+4
Growth53▼-17
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.22 in 2024; short-term debt: 36.4% and cash: 6.3% of total assets), and 36.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
63.6%
Return on assets
4.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
149 d early
2023
26 d early
2022
28 d early
2021
32 d early
2020
18 d early
2019
31 d early
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€315k▲ 13.4%
2019 · €278k
2018: €278k
2019: €278k
2018 → 2020
EBIT margin
36.5%▲ 6.0pp
2019 · 30.5%
2018: 18.1%
2019: 30.5%
2018 → 2020
Net result
€49k▼ 70.2%
2024 · €165k
2018: €67k
2019: €37k
2020: €111k
2021: €71k
2022: €81k
2023: €78k
2024: €165k
2018 → 2025
Working capital
€147k▲ 77.2%
2024 · €83k
2018: €-225k
2019: €-285k
2020: €-300k
2021: €-227k
2022: €-229k
2023: €-138k
2024: €83k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€314k-€395k▲ 25.7%€473k▲ 19.7%€638k▲ 35.0%€687k▲ 7.7%
Operating result€123k-€119k▼ 3.2%€83k▼ 29.9%€256k▲ 208%€90k▼ 64.8%
Net result€71k-€81k▲ 13.4%€78k▼ 3.9%€165k▲ 113%€49k▼ 70.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 65% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.08M
Fixed assets
€540k▼ 9.2%
Current assets
€540k▲ 17.4%
Equity and liabilities €1.08M
Equity
€687k▲ 7.7%
Debt
€393k▼ 5.8%
The debt ratio falls from 39.5% to 36.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€146k▼
2024 · €314k
Cash flow
€105k▼
2024 · €223k
Solvency
63.6%▲
2024 · 60.5%
Current ratio
1.37▲
2024 · 1.22
Quick ratio
0.24▼
2024 · 0.30
Debt / equity
0.57▼
2024 · 0.65
ROE
7.2%▼
2024 · 25.9%
ROA
4.6%▼
2024 · 15.7%
Interest coverage
8.48▼
2024 · 16.32
Debt
€393k▼
2024 · €416k
Debt ≤ 1 year
€393k▲
2024 · €376k
Income taxes
€24k▼
2024 · €72k
Staff costs
€246
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€1.05M€1.08M▲
Fixed assets21/28€595k€540k▼
Tangible fixed assets22/27€595k€540k▼
Land and buildings22€568k€524k▼
Plant, machinery and equipment23€432€683▲
Furniture and vehicles24€26k€16k▼
Current assets29/58€459k€540k▲
Stocks and contracts in progress3€347k€447k▲
Stocks30/36€347k€447k▲
Amounts receivable within one year40/41€88k€20k▼
Trade receivables40€46k-
Other amounts receivable41€42k€20k▼
Cash at bank and in hand54/58€23k€68k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.05M€1.08M▲
Equity10/15€638k€687k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€583k€632k▲
Distributable reserves133€583k€632k▲
Profit (loss) carried forward14€36k€36k=
Amounts payable17/49€416k€393k▼
Amounts payable within one year42/48€376k€393k▲
Trade debts44€17k€29k▲
Suppliers440/4€17k€29k▲
Taxes, remuneration and social security45€41k€5k▼
Taxes450/3€41k€5k▼
Other amounts payable47/48€318k€359k▲
Accrued charges and deferred income492/3€40k-
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€316k€1.38M▲
Remuneration, social security and pensions62-€246
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€55k▼
Other operating charges640/8€21k€38k▲
Gross operating margin9900€334k€184k▼
Operating profit (loss)9901€256k€90k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€19k€17k▼
Recurring financial charges65€19k€17k▼
Profit (loss) for the period before taxes9903€237k€73k▼
Income taxes67/77€72k€24k▼
Profit (loss) for the period9904€165k€49k▼
Profit (loss) for the period to be appropriated9905€165k€49k▼
Appropriation of the result
Profit (loss) to be appropriated9906€201k€86k▼
Profit (loss) brought forward from the previous period14P€36k€36k=
Transfer to equity691/2€165k€49k▼
To other reserves6921€165k€49k▼
The notes to these accounts (6 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
04-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €165k ▲113%
Operating result €256k, net result €165k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.22
Current ratio from 0.43 to 1.22.
31-12
Financial
Equity above €500kEq €638k ▲35%
7 profitable years in a row build equity to €638k.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €200kEq €243k ▲83.6%
3 profitable years in a row build equity to €243k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €37k ▼44.9%
Net result drops to €37k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €132k ▲38.9%
2 profitable years in a row build equity to €132k.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Liège · 1 establishment unit since 2024
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.
Rue des Piétresses 1074020 LiègeGround area
582 m²
Building footprint
131 m²
Volume, LiDAR
851 m³
Parcel 62059B0670/00C002, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
THIERRY SCHU
since 20242.367.510.276
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62059B0670/00C002 | Wallonia | 582 m² | 1 · 131 m² | 8.3 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.
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Of 2,128 companies in sector 46711 we hold annual accounts for 1,126. 645 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-11-2000
Fiscal year end31-12
Activities, NACEBEL
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46712Wholesale trade
47812Retail trade
50103
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.