Thijs Cortvriendt
ActiveFrom the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Thijs Cortvriendt has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €178,362 and a net result of €277,186. Equity has been growing by about 31% per year since 2018. Its solvency ranks better than 18% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Official details
KBO- Status
- Active since 22-02-2018 Normal situation
- Legal form
- Private limited company
- Registered office
- Kleine Hazewindstraat 2, 8830 Hooglede
- Activity
- General electrical installation work NACE 43211and 7 others
- Establishment unit
- 2.302.723.679 8830 Hooglede, since 06-05-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 30-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.8%
- Gross margin
- €557,332
- ▲ 4.8%
- Turnover
- ≈ €1.2m
- estimated
- Profit
- €277,186
- ▼ 17.2%
- Equity
- €178,362
- ▼ 72.6%
- Total assets
- €1.0m
- ▲ 28.1%
- Staff
- 2 FTE
- ▲ 66.7%
Score breakdownraises riskLiquidity: current ratio 0.98, cash €25,143, halvedSector: Specialised construction activities (NACE 43)lowers riskSize: 2 FTE, total assets €1.0mFigures for financial year 2025 (filed on 23-06-2026)Show the evidence
Checked score
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 19% of them on solvency, 8% on liquidity, 92% on profitability and 6% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
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).
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Signals
The company filed its last 7 accounts on average 23 days before 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)
Key points
- Caution: Equity fell in 2025from €651,175 to €178,362 ▼ 72.6% View
- Positive: Higher net result than 91% of companies in specialised constructionsector median €26,861 · 9,875 companies €277,186 View
- Positive: Always filed on timeaccounts within the deadline every year 8 years View
- Positive: 8 profitable years in a rowprofit 2025: €277,186 8 years View
- Flemish supportawarded from 2024 to 2025 €52,764 View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 23-06-2026
- Annual accounts 2024filed on 10-07-2025
- Annual accounts 2023filed on 22-07-2024
- Annual accounts 2022filed on 07-07-2023
Acts in the Belgian Official Gazette
All publications in the Belgian Official GazetteArticles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0690.850.826
Key facts about Thijs Cortvriendt
- What is the company number of Thijs Cortvriendt?
- The company number of Thijs Cortvriendt is 0690.850.826. The VAT number is the same number with BE in front: BE 0690.850.826.
- Where is Thijs Cortvriendt based?
- The registered office is at Kleine Hazewindstraat 2, 8830 Hooglede.Company details
- What does Thijs Cortvriendt do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of Thijs Cortvriendt?
- The legal form of Thijs Cortvriendt is Private limited company (BV).
- When was Thijs Cortvriendt founded?
- Thijs Cortvriendt was founded on 22-02-2018.
- Is Thijs Cortvriendt still active?
- Yes, Thijs Cortvriendt is an active enterprise in the KBO register.
- How many employees does Thijs Cortvriendt have?
- Thijs Cortvriendt had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Thijs Cortvriendt?
- The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €557,332 and 34 comparable companies (NACE 43211). It probably lies between €1.1m and €1.5m.
- Is Thijs Cortvriendt profitable?
- In financial year 2025, Thijs Cortvriendt made a profit of €277,186.
- Where can I find the annual accounts of Thijs Cortvriendt?
- Thijs Cortvriendt filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of Thijs Cortvriendt due?
- Thijs Cortvriendt must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Comparable companies
These companies have the same main activity as Thijs Cortvriendt: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €801,000 and €1.2m, founded between 2015 and 2020.
| Company | Total assets | Gross margin |
|---|---|---|
| Thijs Cortvriendt Hooglede | €1.0m | €0.6m |
| VMatic Hooglede | €1.2m | €0.4m |
| STEEN MULTITECH Gistel | €1.1m | €0.4m |
| JRB Energy Denderleeuw | €1.2m | €0.5m |
| DALATEC Nijlen | €1.0m | €0.7m |
| GATEC Braives | €1.0m | €0.9m |
| Aerts Ronald Technics Merksplas | €0.8m | €0.5m |
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