THIJS
ActiveSummary
THIJS has been active since 1980 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags). The 2025 annual accounts show equity of €193,333 and a net result of -€2,930. Equity is shrinking by ~4% per year across the filed fiscal years. Its solvency ranks better than 65% of 11502 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability35▼-1
Solvency86=
Growth58=
Track record84
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 2.56 against 2.58 in 2024; short-term debt: 39.1% and cash: 0.2% of total assets), and 39.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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
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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
55 d late
2023
92 d late
2022
29 d late
2021
31 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 35 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout annulled
Checked, nothing found (1)
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. Usually files around 31 August (4 of the last 5 filed years within 53 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€193,333▼ 1.5%
2024 · €196,263
Total assets
€317,639▼ 1.0%
2024 · €320,832
Net result
-€2,930▼ 95.3%
2024 · -€1,500
Working capital
€193,333▼ 1.5%
2024 · €196,263
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€5,161▲ 69.8%-€11,598▼ 125%-€8,391▲ 27.6%-€1,397▲ 83.4%-€2,833▼ 103%
Net result€9,140within the sector's middle half-€27,667below the sector's middle half-€8,640below the sector's middle half▲ 68.8%-€1,500within the sector's middle half▲ 82.6%-€2,930within the sector's middle half▼ 95.3%
Equity€234,071above the sector's middle half▲ 4.1%€206,404above the sector's middle half▼ 11.8%€197,764above the sector's middle half▼ 4.2%€196,263above the sector's middle half▼ 0.8%€193,333above the sector's middle half▼ 1.5%
Total assets€246,968within the sector's middle half▼ 28.4%€317,353within the sector's middle half▲ 28.5%€320,077within the sector's middle half▲ 0.9%€320,832within the sector's middle half▲ 0.2%€317,639within the sector's middle half▼ 1.0%
Debt€12,897▼ 89.2%€110,949▲ 760%€122,313▲ 10.2%€124,569▲ 1.8%€124,306▼ 0.2%
Working capital€234,071above the sector's middle half▲ 4.9%€206,404above the sector's middle half▼ 11.8%€197,764above the sector's middle half▼ 4.2%€196,263above the sector's middle half▼ 0.8%€193,333above the sector's middle half▼ 1.5%
Solvency94.8%above the sector's middle half▲ 29.5pp65.0%within the sector's middle half▼ 29.7pp61.8%within the sector's middle half▼ 3.3pp61.2%within the sector's middle half▼ 0.6pp60.9%within the sector's middle half▼ 0.3pp
Current ratio19.15above the sector's middle half▲ 16.292.86within the sector's middle half▼ 16.292.62within the sector's middle half▼ 0.242.58within the sector's middle half▼ 0.042.56within the sector's middle half▼ 0.02
Return on assets (ROA)3.7%within the sector's middle half▲ 9.2pp-8.7%below the sector's middle half▼ 12.4pp-2.7%within the sector's middle half▲ 6.0pp-0.5%within the sector's middle half▲ 2.2pp-0.9%within the sector's middle half▼ 0.5pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,833 in 2025 against €1,397 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €317,639
Equity
€193,333 ▼ 1.5%
Debt
€124,306 ▼ 0.2%
Debt's share of the balance-sheet total rises from 38.8% to 39.1%. Equity and debt are lower.
Key figures and ratios
Debt to equity
0.64▲
2024 · 0.63
ROE
-1.5%▼
2024 · -0.8%
Debt ≤ 1 year
€124,306▼
2024 · €124,569
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.5%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €413 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,325 | - | - | - | - | - |
| Other operating charges640/8 | €587 | €528 | €756 | €449 | €462 | ▲ 2.8% |
| Gross operating margin9900 | -€3,249 | -€11,070 | -€7,636 | -€947 | -€2,371 | ▼ 150% |
| Operating profit (loss)9901 | -€5,161 | -€11,598 | -€8,391 | -€1,397 | -€2,833 | ▼ 103% |
| Financial income75/76B | €15,405 | - | - | - | - | - |
| Recurring financial income75 | €15,405 | - | - | - | - | - |
| Financial charges65/66B | €1,104 | €16,069 | €249 | €104 | €98 | ▼ 5.8% |
| Recurring financial charges65 | €1,104 | €16,069 | €249 | €104 | €98 | ▼ 5.8% |
| Profit (loss) for the period before taxes9903 | €9,140 | -€27,667 | -€8,640 | -€1,500 | -€2,930 | ▼ 95.3% |
| Profit (loss) for the period9904 | €9,140 | -€27,667 | -€8,640 | -€1,500 | -€2,930 | ▼ 95.3% |
| Profit (loss) for the period to be appropriated9905 | €9,140 | -€27,667 | -€8,640 | -€1,500 | -€2,930 | ▼ 95.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €246,968 | €317,353 | €320,077 | €320,832 | €317,639 | ▼ 1.0% |
| Current assets29/58 | €246,968 | €317,353 | €320,077 | €320,832 | €317,639 | ▼ 1.0% |
| Amounts receivable within one year40/41 | €231,563 | €317,353 | €317,251 | €317,464 | €316,994 | ▼ 0.1% |
| Trade receivables40 | €2,574 | - | - | €575 | €0 | ▼ 100% |
| Other amounts receivable41 | €228,989 | €317,353 | €317,251 | €316,889 | €316,994 | = |
| Cash at bank and in hand54/58 | - | - | €2,826 | €3,368 | €645 | ▼ 80.8% |
| Deferred charges and accrued income490/1 | €15,405 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €246,968 | €317,353 | €320,077 | €320,832 | €317,639 | ▼ 1.0% |
| Equity10/15 | €234,071 | €206,404 | €197,764 | €196,263 | €193,333 | ▼ 1.5% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €215,479 | €187,812 | €179,172 | €177,671 | €174,741 | ▼ 1.6% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | €213,620 | €185,953 | €177,312 | €175,812 | €172,882 | ▼ 1.7% |
| Amounts payable17/49 | €12,897 | €110,949 | €122,313 | €124,569 | €124,306 | ▼ 0.2% |
| Amounts payable within one year42/48 | €12,897 | €110,949 | €122,313 | €124,569 | €124,306 | ▼ 0.2% |
| Financial debts43 | €7,536 | €1,655 | - | - | - | - |
| Credit institutions430/8 | €7,536 | €1,655 | - | - | - | - |
| Trade debts44 | €4,930 | €3,730 | €8,500 | €2,255 | €809 | ▼ 64.1% |
| Suppliers440/4 | €4,930 | €3,730 | €8,500 | €2,255 | €809 | ▼ 64.1% |
| Taxes, remuneration and social security45 | €430 | - | - | €8 | €0 | ▼ 100% |
| Taxes450/3 | €430 | - | - | €8 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €105,563 | €113,813 | €122,306 | €123,496 | ▲ 1.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,140 | -€27,667 | -€8,640 | -€1,500 | -€2,930 | ▼ 95.3% |
| + Depreciation and write-downs630 | €1,325 | - | - | - | - | - |
| Operating cash flow (approximation) | €10,465 | -€27,667 | -€8,640 | -€1,500 | -€2,930 | ▼ 95.3% |
| Change in cash | - | - | - | €542 | -€2,723 | ▼ 602% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
KBO administration
Address strikeout annulled
15-07
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- General meeting, 01-04-2026
- Registered-office move, Althoeseltweg 12, 3740 Bilzen-Hoeselt
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
08-06
KBO administration
Address struck
event 08-04-2026
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet -€27,667
Net result drops to -€27,667, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €9,140
Net result €9,140 after 3 loss-making years.
31-12
Financial
Liquidity times 7current ratio 19.15
Current ratio from 2.86 to 19.15; short-term debt falls from €119,722 to €12,897.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Show earlier events
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 1 act read
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Bilzen-Hoeselt · 1 establishment unit since 1980
Ground area
771 m²
Building footprint
198 m²
Volume, LiDAR
1,110 m³
Parcel 73068B0572/00Z000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Althoeseltweg 12, 3740 Bilzen-Hoeselt
since 19802.017.825.870
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73068B0572/00Z000 | Flanders | 771 m² | 1 · 198 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 538 companies in sector 46120 we hold annual accounts for 305. 213 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded14-08-1980
Fiscal year end31-12
Activities, NACEBEL 2025
46120Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0420677617
Also
9925:BE0420677617
Registered
23-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.