Summary
ThiJus is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €44,769 and a net result of €166,293. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 8102 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 8102 sector peers (2025).
NBB · sector comparisonPosition among 8102 sector peers
Solvency
better than 20%
← weakest
strongest →
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
84 d late
2023
20 d late
2022
56 d early
2021
31 d late
2020
5 d early
2019
7 d early
← 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 8 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
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 21 August (4 of the last 5 filed years within 63 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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 What changed in the latest annual accounts?What changed Is the workforce growing, and do people stay?Employer check
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€44,769
2024 · -€11,524
Net result
€166,293
2024 · -€27,449
Total assets
€294,892▲ 36.6%
2024 · €215,854
Solvency
15.2%▲ 20.5pp
2024 · -5.3%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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€17,669▼ 43.2%€74,841▲ 324%-€34,845-€23,504▲ 32.5%€203,646
Net result€11,904within the sector's middle half▼ 41.5%€56,193within the sector's middle half▲ 372%-€42,460below the sector's middle half-€27,449below the sector's middle half▲ 35.4%€166,293above the sector's middle half
Equity€32,192below the sector's middle half▼ 8.3%€58,386within the sector's middle half▲ 81.4%€15,925below the sector's middle half▼ 72.7%-€11,524below the sector's middle half€44,769within the sector's middle half
Total assets€216,981within the sector's middle half▲ 18.0%€303,818within the sector's middle half▲ 40.0%€332,206within the sector's middle half▲ 9.3%€215,854within the sector's middle half▼ 35.0%€294,892within the sector's middle half▲ 36.6%
Debt€184,788▲ 24.2%€245,432▲ 32.8%€316,281▲ 28.9%€227,378▼ 28.1%€250,123▲ 10.0%
Working capital€20,048within the sector's middle half€92,523within the sector's middle half▲ 362%€64,299within the sector's middle half▼ 30.5%€4,919within the sector's middle half▼ 92.3%€30,664within the sector's middle half▲ 523%
Solvency14.8%below the sector's middle half▼ 4.2pp19.2%below the sector's middle half▲ 4.4pp4.8%below the sector's middle half▼ 14.4pp-5.3%below the sector's middle half▼ 10.1pp15.2%below the sector's middle half▲ 20.5pp
Current ratio1.13within the sector's middle half▲ 0.241.53within the sector's middle half▲ 0.401.40within the sector's middle half▼ 0.131.04within the sector's middle half▼ 0.361.15within the sector's middle half▲ 0.11
Return on assets (ROA)5.5%within the sector's middle half▼ 5.6pp18.5%within the sector's middle half▲ 13.0pp-12.8%below the sector's middle half▼ 31.3pp-12.7%below the sector's middle half▲ 0.1pp56.4%above the sector's middle half▲ 69.1pp
Staff (FTE)23▲ 50.0%
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €203,646 after a loss of €23,504 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €294,892
Fixed assets
€58,173 ▼ 29.4%
Current assets
€236,719 ▲ 77.4%
Equity and liabilities €294,892
Equity
€44,769
Debt
€250,123
Debt finances 84.8% of the balance-sheet total.
Key figures and ratios
ROE
371.4%
Debt ≤ 1 year
€206,055▲
2024 · €128,539
Debt > 1 year
€43,910▼
2024 · €98,839
Income taxes
€36,675
Staff costs
€139,365▲
2024 · €100,844
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €147 | - |
| Remuneration, social security and pensions62 | - | - | €65,989 | €100,844 | €139,365 | ▲ 38.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,787 | €7,201 | €18,562 | €24,470 | €24,222 | ▼ 1.0% |
| Other operating charges640/8 | €8,333 | €460 | €5,376 | €7,614 | €1,209 | ▼ 84.1% |
| Non-recurring operating charges66A | €8,072 | €0 | €9,500 | €0 | - | - |
| Gross operating margin9900 | €41,861 | €82,502 | €64,583 | €109,425 | €368,443 | ▲ 237% |
| Operating profit (loss)9901 | €17,669 | €74,841 | -€34,845 | -€23,504 | €203,646 | ▲ 966% |
| Financial income75/76B | €2,390 | €0 | €3,022 | €6,798 | €8,284 | ▲ 21.9% |
| Recurring financial income75 | €2,390 | €0 | €3,022 | €6,798 | €8,284 | ▲ 21.9% |
| Financial charges65/66B | €2,131 | €2,870 | €10,637 | €10,743 | €8,962 | ▼ 16.6% |
| Recurring financial charges65 | €2,131 | €2,870 | €10,637 | €10,743 | €8,962 | ▼ 16.6% |
| Profit (loss) for the period before taxes9903 | €17,928 | €71,971 | -€42,460 | -€27,449 | €202,968 | ▲ 839% |
| Income taxes67/77 | €6,024 | €15,778 | €0 | - | €36,675 | - |
| Profit (loss) for the period9904 | €11,904 | €56,193 | -€42,460 | -€27,449 | €166,293 | ▲ 706% |
| Profit (loss) for the period to be appropriated9905 | €11,904 | €56,193 | -€42,460 | -€27,449 | €166,293 | ▲ 706% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €216,981 | €303,818 | €332,206 | €215,854 | €294,892 | ▲ 36.6% |
| Fixed assets21/28 | €43,896 | €36,696 | €106,866 | €82,396 | €58,173 | ▼ 29.4% |
| Tangible fixed assets22/27 | €43,896 | €36,696 | €106,866 | €82,396 | €58,173 | ▼ 29.4% |
| Plant, machinery and equipment23 | - | - | €27,253 | €20,926 | €2,596 | ▼ 87.6% |
| Furniture and vehicles24 | €1,423 | €570 | €13,431 | €10,179 | €6,348 | ▼ 37.6% |
| Leasing and similar rights25 | €0 | - | - | - | - | - |
| Other tangible fixed assets26 | €42,474 | €36,125 | €66,182 | €51,291 | €49,230 | ▼ 4.0% |
| Current assets29/58 | €173,084 | €267,122 | €225,341 | €133,458 | €236,719 | ▲ 77.4% |
| Stocks and contracts in progress3 | €30,640 | €143,892 | €93,274 | €0 | - | - |
| Stocks30/36 | €30,640 | €143,892 | €93,274 | €0 | - | - |
| Amounts receivable within one year40/41 | €141,993 | €110,929 | €109,969 | €113,281 | €220,719 | ▲ 94.8% |
| Trade receivables40 | €4,646 | €110,929 | €38,650 | €5,849 | €14,490 | ▲ 148% |
| Other amounts receivable41 | €137,348 | €0 | €71,319 | €107,432 | €206,229 | ▲ 92.0% |
| Cash at bank and in hand54/58 | €451 | €12,302 | €22,098 | €19,350 | €9,165 | ▼ 52.6% |
| Deferred charges and accrued income490/1 | - | - | - | €827 | €6,835 | ▲ 726% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €216,981 | €303,818 | €332,206 | €215,854 | €294,892 | ▲ 36.6% |
| Equity10/15 | €32,192 | €58,386 | €15,925 | -€11,524 | €44,769 | ▲ 488% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €13,592 | €39,786 | €0 | - | €26,169 | - |
| Non-distributable reserves130/1 | €0 | - | - | - | - | - |
| Reserves not available under the articles1311 | €0 | - | - | - | - | - |
| Distributable reserves133 | €13,592 | €39,786 | €0 | - | €26,169 | - |
| Profit (loss) carried forward14 | €0 | €0 | -€2,675 | -€30,124 | €0 | ▲ 100% |
| Amounts payable17/49 | €184,788 | €245,432 | €316,281 | €227,378 | €250,123 | ▲ 10.0% |
| Amounts payable after more than one year17 | €13,824 | €70,833 | €155,240 | €98,839 | €43,910 | ▼ 55.6% |
| Financial debts170/4 | €13,824 | €70,833 | €155,240 | €98,839 | €43,910 | ▼ 55.6% |
| Amounts payable within one year42/48 | €153,036 | €174,599 | €161,041 | €128,539 | €206,055 | ▲ 60.3% |
| Current portion of amounts payable after more than one year42 | €18,425 | €38,824 | €61,215 | €58,901 | €54,929 | ▼ 6.7% |
| Financial debts43 | - | - | - | €99 | €55,000 | ▲ 55,416% |
| Credit institutions430/8 | - | - | - | €99 | €55,000 | ▲ 55,416% |
| Trade debts44 | €15,680 | €23,445 | €28,059 | €26,272 | €51,254 | ▲ 95.1% |
| Suppliers440/4 | €15,680 | €23,445 | €28,059 | €26,272 | €51,254 | ▲ 95.1% |
| Taxes, remuneration and social security45 | €27,323 | €66,661 | €71,767 | €43,268 | €44,873 | ▲ 3.7% |
| Taxes450/3 | €23,120 | €62,436 | €56,216 | €25,761 | €23,243 | ▼ 9.8% |
| Remuneration and social security454/9 | €4,202 | €4,225 | €15,551 | €17,507 | €21,630 | ▲ 23.6% |
| Other amounts payable47/48 | €91,608 | €45,668 | €0 | - | - | - |
| Accrued charges and deferred income492/3 | €17,928 | €0 | - | - | €158 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,904 | €56,193 | -€42,460 | -€27,449 | €166,293 | ▲ 706% |
| + Depreciation and write-downs630 | €7,787 | €7,201 | €18,562 | €24,470 | €24,222 | ▼ 1.0% |
| Operating cash flow (approximation) | €19,691 | €63,394 | -€23,898 | -€2,979 | €190,516 | ▲ 6,494% |
| Investment in fixed assets (approximation) | - | €0 | -€88,733 | €0 | €0 | - |
| Change in cash | - | €11,851 | €9,796 | -€2,748 | -€10,185 | ▼ 271% |
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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €166,293
Net result €166,293 after 2 loss-making years.
23-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 84 days late
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial
Weakest financial yearnet -€42,460
Net result drops to -€42,460, the lowest in the series; recovery starts the following year.
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Avelgem · 2 establishment units since 2015
Ground area
1,956 m²
Building footprint
379 m²
Volume, LiDAR
2,575 m³
2 parcels, Flanders · tallest building 12.5 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
ThiJus
since 20152.250.295.971
Bakkerij Fie
since 20232.342.897.319
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34003A2598/00E000 | Flanders | 1,702 m² | 1 · 235 m² | 9.7 m · 2 fl. |
| 34003A0983/00N000 | Flanders | 254 m² | 1 · 144 m² | 12.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
6488KBFJX23121J48W16
Similar companies · same sector, comparable size
JEGO
BE 0672.371.039
Brugge · Eq €44,743
Vernauw
BE 0801.040.351
Zandhoven · Eq €44,799
Aido
BE 0597.985.796
Ranst · Eq €44,804
SLPD
BE 0780.358.367
Geel · Eq €44,805
EL CAMPO
BE 0637.840.029
Knokke-Heist · Eq €44,815
Of 24,728 companies in sector 64210 we hold annual accounts for 19,805. 10,086 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
Founded03-11-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47241Retail sale of bread and pastry (bakery outlets)
64210Activities of holding companies
46411Wholesale trade
46473Wholesale trade
47512Retail sale of household textiles and bedding
47530Retail trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0642598769
Also
9925:BE0642598769
Registered
08-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.