THILL
THILL has been active since 1962 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €441k and a net result of €2k. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 78% of 9984 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
| Equity | €441k |
| Net result | €2k |
| Staff (FTE) | 2.4 |
| Better than sector | 78% |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 65.8% | 37.6% | |
| Net result | €2k | €30k | |
| Equity | €441k | €260k | |
| Gross operating margin | €168k | €227k | |
| Staff costs | €139k | €158k |
Figures by fiscal year and ratios
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ | 2022 Δ | 2021 Δ |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | micro schema | micro schema | micro schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | -45.5% | +10.7% | -16.7% | +427.4% | - |
| Net profit | -93.8% | +176.9% | -47.5% | - | - |
| Cash flow | -54.9% | +52.0% | -24.2% | - | - |
| Staff costs | -2.4% | +5.6% | +251.8% | +212.7% | - |
| Income taxes | - | - | - | - | - |
| Dividends | - | - | - | - | - |
| Total assets | -0.7% | +3.9% | -9.0% | -21.6% | - |
| Equity | +0.4% | +6.2% | +2.3% | +4.6% | - |
| Debt | -2.6% | -0.1% | -23.8% | -40.9% | - |
| of which ≤ 1y | -11.1% | +35.8% | +7.0% | -34.8% | - |
| of which > 1y | +12.1% | -22.2% | -38.2% | -42.8% | - |
| Working capital | -1.6% | -4.0% | -10.3% | -19.5% | - |
| Employees (FTE) | -4.0% | -7.4% | -34.1% | 0.0% | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 5.73 | 5.27 | 7.04 | 8.21 | 6.84 |
| Quick ratio | 0.93 | 1.09 | 1.31 | 1.74 | 0.55 |
| Working capital ratio | 75.8% | 76.5% | 82.8% | 84.0% | 81.8% |
| Solvency | 65.8% | 65.1% | 63.7% | 56.6% | 42.5% |
| Debt / equity | 0.52 | 0.54 | 0.57 | 0.77 | 1.35 |
| Long-term debt ratio | 0.28 | 0.25 | 0.34 | 0.56 | 1.02 |
| Interest coverage | 2.92 | 7.33 | 2.51 | 2.99 | 0.43 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 0.2% | 3.8% | 1.4% | 2.5% | -2.8% |
| ROE | 0.4% | 5.9% | 2.3% | 4.4% | -6.7% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €670k | €675k | €649k | €714k | €910k |
| Fixed assets | 21/28 | €55k | €38k | €23k | €31k | €38k |
| Tangible fixed assets | 22/27 | €55k | €38k | €23k | €31k | €38k |
| Financial fixed assets | 28 | €387 | €387 | €387 | €387 | €387 |
| Current assets | 29/58 | €615k | €637k | €626k | €682k | €872k |
| Stocks & contracts in progress | 3 | €515k | €505k | €510k | €538k | €802k |
| Amounts receivable within one year | 40/41 | €76k | €90k | €58k | €74k | €38k |
| Cash & bank | 54/58 | €24k | €40k | €55k | €66k | €26k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €670k | €675k | €649k | €714k | €910k |
| Equity | 10/15 | €441k | €439k | €414k | €404k | €387k |
| Contributions / capital | 10/11 | €539k | €539k | €539k | €539k | €539k |
| Reserves | 13 | €75k | €75k | €75k | €75k | €75k |
| Accumulated profits (losses) | 14 | €-173k | €-175k | €-200k | €-210k | €-227k |
| Amounts payable | 17/49 | €229k | €236k | €236k | €310k | €524k |
| Amounts payable after one year | 17 | €122k | €109k | €140k | €227k | €396k |
| Amounts payable within one year | 42/48 | €107k | €121k | €89k | €83k | €128k |
| Trade debts payable within one year | 44 | €53k | €54k | €21k | €17k | €74k |
| Income statement | ||||||
| Gross operating margin | 9900 | €168k | €192k | €182k | €144k | €31k |
| Operating result | 9901 | €9k | €33k | €25k | €34k | €-5k |
| Financial income | 75 | €725 | €616 | €108 | €6 | €0 |
| Financial charges | 65 | €8k | €6k | €16k | €16k | €21k |
| Result before taxes | 9903 | €2k | €26k | €9k | €18k | €-26k |
| Net result for the period | 9904 | €2k | €26k | €9k | €18k | €-26k |
| Result to be appropriated | 9905 | €2k | €26k | €9k | €18k | €-26k |
-
DE MOL ErikNon-statutory directorState Gazette act 25340080 (26-06-2025)Current26-06-2025 → present
Former directors (2)
-
DE MOL MarleenDirectorState Gazette act 25340080 (26-06-2025)Former- → 26-06-2025
-
HAYEN JeannineDirectorState Gazette act 25340080 (26-06-2025)Former- → 26-06-2025
| NACE primary | Retail sale of souvenirs and religious articles(47784) |
| Legal form | Public limited company(014) |
| Incorporation | 29-03-1962 |
| Status | Active |
| Postal code | 1190 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0046/00R007 | Brussels | 913 m² | 1 · 278 m² | 11.8 m · 3 fl. |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
26-06-2025 1 director appointed, 2 resigning correction
- DE MOL Erik, Niet-statutair bestuurder
- DE MOL Marleen, Bestuurder
- HAYEN Jeannine, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "DE MOL Marleen",
"address": "2800 Mechelen, Haverwerf 3/301",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "rechtzetting",
"subkind": "rectification",
"via_org": null,
"statutory": "statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering besluit de huidige bestuurders, hierna vermeld, ontslag te geven uit hun functie : Mevrouw DE MOL Marleen",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "HAYEN Jeannine",
"address": "2800 Mechelen, Haverwerf 3 bus 102",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": "rechtzetting",
"subkind": "rectification",
"via_org": null,
"statutory": "statutair",
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering besluit de huidige bestuurders, hierna vermeld, ontslag te geven uit hun functie : Mevrouw HAYEN Jeannine",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "director_in",
"role": "niet_statutaire bestuurder",
"person": {
"rrn": null,
"name": "DE MOL Erik",
"address": "1190 Vorst, Berthelotstraat 156/0001",
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "additional",
"via_org": null,
"statutory": "niet_statutair",
"compensated": false,
"effective_date": null,
"evidence_quote": "Word benoemd tot niet-statutaire bestuurder : de Heer DE MOL Erik",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "board_snapshot",
"role": "bestuurder",
"person": null,
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De algemene vergadering besluit het aantal bestuurders te bepalen op een.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Guy Descamps",
"firm_city": null,
"firm_name": null,
"office_city": "Brussel",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-06-26",
"filing_date": "2025-06-24",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2025-05-15",
"unanimous": null
}
],
"is_correction": true,
"subject_company": {
"kbo": "0402.710.346",
"name_full": "THILL",
"legal_form": "NV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Guy Descamps",
"org_rep_person_name": null,
"person_role_at_subject": "Geassocieerd notaris"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameNL | THILL |