Thimas
ActiveSummary
Thimas has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €432k and a net result of €140k. Equity is growing by ~49.1% per year across the filed fiscal years. Its solvency ranks better than 54% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability94▼-3
Solvency88▲+6
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 4.36 against 4.6 in 2024; short-term debt: 16.1% and cash: 56.9% of total assets), and 36.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
63.2%
Return on assets
20.5%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
on the day
2024
29 d late
2023
14 d late
2022
60 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€432k▲ 33.9%
2024 · €323k
2022: €47klowest in 4 years
2023: €196k▲ +320% vs 2022
2024: €323k▲ +64.5% vs 2023
2025: €432k▲ +33.9% vs 2024highest in 4 years
2022 → 2025
Total assets
€683k▲ 21.2%
2024 · €563k
2022: €95klowest in 4 years
2023: €484k▲ +412% vs 2022
2024: €563k▲ +16.5% vs 2023
2025: €683k▲ +21.2% vs 2024highest in 4 years
2022 → 2025
Net result
€140k▲ 10.0%
2024 · €127k
2022: €43klowest in 4 years
2023: €150k▲ +252% vs 2022highest in 4 years
2024: €127k▼ -15.2% vs 2023
2025: €140k▲ +10.0% vs 2024
2022 → 2025
Working capital
€370k▲ 39.2%
2024 · €266k
2022: €44klowest in 4 years
2023: €141k▲ +221% vs 2022
2024: €266k▲ +88.2% vs 2023
2025: €370k▲ +39.2% vs 2024highest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€47k-€196k▲ 320%€323k▲ 64.5%€432k▲ 33.9%
2022: €47klowest in 4 years
2023: €196k▲ +320% vs 2022
2024: €323k▲ +64.5% vs 2023
2025: €432k▲ +33.9% vs 2024highest in 4 years
Operating result€55k-€207k▲ 275%€173k▼ 16.3%€189k▲ 9.4%
2022: €55klowest in 4 years
2023: €207k▲ +275% vs 2022highest in 4 years
2024: €173k▼ -16.3% vs 2023
2025: €189k▲ +9.4% vs 2024
Net result€43k-€150k▲ 252%€127k▼ 15.2%€140k▲ 10.0%
2022: €43klowest in 4 years
2023: €150k▲ +252% vs 2022highest in 4 years
2024: €127k▼ -15.2% vs 2023
2025: €140k▲ +10.0% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 9% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €683k
Fixed assets
€202k ▼ 9.4%
Current assets
€481k ▲ 41.3%
Equity and liabilities €683k
Equity
€432k ▲ 33.9%
Debt
€251k ▲ 4.3%
Debt's share of the balance-sheet total falls from 42.8% to 36.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€210k▲
2024 · €194k
Cash flow
€161k▲
2024 · €149k
Current ratio
4.36▼
2024 · 4.60
Quick ratio
4.35▼
2024 · 4.59
Debt to equity
0.58▼
2024 · 0.75
ROE
32.4%▼
2024 · 39.5%
ROA
20.5%▼
2024 · 22.6%
Interest coverage
28.21▲
2024 · 23.17
Debt ≤ 1 year
€110k▲
2024 · €74k
Debt > 1 year
€141k▼
2024 · €165k
Income taxes
€42k▲
2024 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€563k€683k▲
Fixed assets21/28€223k€202k▼
Tangible fixed assets22/27€223k€202k▼
Land and buildings22€164k€160k▼
Furniture and vehicles24€971€507▼
Leasing and similar rights25€58k€42k▼
Current assets29/58€340k€481k▲
Stocks and contracts in progress3€615€664▲
Stocks30/36€615€664▲
Amounts receivable within one year40/41€81k€88k▲
Trade receivables40€81k€88k▲
Other amounts receivable41€0€77▲
Cash at bank and in hand54/58€254k€388k▲
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€563k€683k▲
Equity10/15€323k€432k▲
Contributions10/11€4k€4k=
Reserves13€319k€428k▲
Distributable reserves133€319k€428k▲
Amounts payable17/49€241k€251k▲
Amounts payable after more than one year17€165k€141k▼
Financial debts170/4€165k€141k▼
Amounts payable within one year42/48€74k€110k▲
Current portion of amounts payable after more than one year42€24k€25k▲
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€46k€56k▲
Taxes450/3€45k€54k▲
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€2k€27k▲
Accrued charges and deferred income492/3€1k€106▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€21k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€197k€213k▲
Operating profit (loss)9901€173k€189k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€164k€182k▲
Income taxes67/77€37k€42k▲
Profit (loss) for the period9904€127k€140k▲
Profit (loss) for the period to be appropriated9905€127k€140k▲
Appropriation of the result
Profit (loss) to be appropriated9906€127k€140k▲
Transfer from equity791/2-€30k
Transfer to equity691/2€126k€139k▲
To other reserves6921€126k€139k▲
Profit to be distributed694/7€859€31k▲
Return on contributions (dividend)694€859€31k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €35k | €21k | €21k | ▼ 1.7% |
| Other operating charges640/8 | €102 | €2k | €3k | €3k | ▲ 2.8% |
| Gross operating margin9900 | €57k | €244k | €197k | €213k | ▲ 8.1% |
| Operating profit (loss)9901 | €55k | €207k | €173k | €189k | ▲ 9.4% |
| Financial income75/76B | €41 | - | €0 | €0 | ▲ 200% |
| Recurring financial income75 | €41 | - | €0 | €0 | ▲ 200% |
| Financial charges65/66B | €961 | €11k | €8k | €7k | ▼ 11.1% |
| Recurring financial charges65 | €961 | €11k | €8k | €7k | ▼ 11.1% |
| Profit (loss) for the period before taxes9903 | €54k | €196k | €164k | €182k | ▲ 10.5% |
| Income taxes67/77 | €11k | €46k | €37k | €42k | ▲ 12.3% |
| Profit (loss) for the period9904 | €43k | €150k | €127k | €140k | ▲ 10.0% |
| Profit (loss) for the period to be appropriated9905 | €43k | €150k | €127k | €140k | ▲ 10.0% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €95k | €484k | €563k | €683k | ▲ 21.2% |
| Fixed assets21/28 | €3k | €245k | €223k | €202k | ▼ 9.4% |
| Tangible fixed assets22/27 | €3k | €245k | €223k | €202k | ▼ 9.4% |
| Land and buildings22 | - | €169k | €164k | €160k | ▼ 2.9% |
| Furniture and vehicles24 | €3k | €2k | €971 | €507 | ▼ 47.8% |
| Leasing and similar rights25 | - | €74k | €58k | €42k | ▼ 27.3% |
| Current assets29/58 | €92k | €239k | €340k | €481k | ▲ 41.3% |
| Stocks and contracts in progress3 | €388 | €482 | €615 | €664 | ▲ 8.1% |
| Stocks30/36 | €388 | €482 | €615 | €664 | ▲ 8.1% |
| Amounts receivable within one year40/41 | €34k | €111k | €81k | €88k | ▲ 7.9% |
| Trade receivables40 | €32k | €111k | €81k | €88k | ▲ 7.8% |
| Other amounts receivable41 | €1k | €12 | €0 | €77 | ▲ 31,900% |
| Cash at bank and in hand54/58 | €57k | €125k | €254k | €388k | ▲ 53.0% |
| Deferred charges and accrued income490/1 | €961 | €3k | €4k | €4k | ▼ 13.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €95k | €484k | €563k | €683k | ▲ 21.2% |
| Equity10/15 | €47k | €196k | €323k | €432k | ▲ 33.9% |
| Contributions10/11 | €4k | €4k | €4k | €4k | = |
| Reserves13 | €43k | €192k | €319k | €428k | ▲ 34.3% |
| Distributable reserves133 | €43k | €192k | €319k | €428k | ▲ 34.3% |
| Amounts payable17/49 | €48k | €288k | €241k | €251k | ▲ 4.3% |
| Amounts payable after more than one year17 | - | €190k | €165k | €141k | ▼ 14.9% |
| Financial debts170/4 | - | €190k | €165k | €141k | ▼ 14.9% |
| Amounts payable within one year42/48 | €48k | €98k | €74k | €110k | ▲ 49.0% |
| Current portion of amounts payable after more than one year42 | - | €24k | €24k | €25k | ▲ 2.1% |
| Trade debts44 | €31k | €998 | €1k | €3k | ▲ 98.9% |
| Suppliers440/4 | €31k | €998 | €1k | €3k | ▲ 98.9% |
| Taxes, remuneration and social security45 | €17k | €71k | €46k | €56k | ▲ 19.9% |
| Taxes450/3 | €15k | €69k | €45k | €54k | ▲ 20.4% |
| Remuneration and social security454/9 | €1k | €2k | €2k | €2k | ▲ 6.9% |
| Other amounts payable47/48 | - | €2k | €2k | €27k | ▲ 1,249% |
| Accrued charges and deferred income492/3 | €12 | €522 | €1k | €106 | ▼ 92.8% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43k | €150k | €127k | €140k | ▲ 10.0% |
| + Depreciation and write-downs630 | €2k | €35k | €21k | €21k | ▼ 1.7% |
| Operating cash flow (approximation) | €45k | €185k | €149k | €161k | ▲ 8.3% |
| Investment in fixed assets (approximation) | - | €-277k | €0 | €0 | - |
| Change in cash | - | €68k | €129k | €135k | ▲ 4.2% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Equity above €200kEq €323k ▲64.5%
3 profitable years in a row build equity to €323k.
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
31-12
Financial
Highest result since 2022net €150k ▲252%
Operating result €207k, net result €150k, both a record.
31-12
Financial
Equity above €150kEq €196k ▲320%
2 profitable years in a row build equity to €196k.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 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.
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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, Turnhout · 1 establishment unit since 2021
Ground area
249 m²
Building footprint
78 m²
Volume, LiDAR
409 m³
Parcel 13453O0640/00Z000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Thimas
since 20212.321.712.123
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13453O0640/00Z000 | Flanders | 249 m² | 1 · 78 m² | 8.9 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 29,993 companies in sector 62200 we hold annual accounts for 18,396. 12,578 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
Founded28-07-2021
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
47120Other non-specialised retail sale
47400Retail sale of information and communication equipment
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
95100Repair and maintenance of computers and communication equipment
Contact
E-mail
jorenvangeel@outlook.be
Phone
0494271111
Scores and ratios are computed by Checked and are not a credit decision.