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THIMO

Active Public limited companyfounded 1993active for 33 yearsNachtegalendreef 17, 2280 GrobbendonkKBO/BCE: BE 0450.882.130

Lifetime

19 annual accounts with figures on one time axis, 32 filings since 1994
peak €7.8m (2011)
-€146,661▼ €12,148
lowest -€2,200 (2021)
€707,353▲ 59.7%
peak €47.6m (2020)
€42.1m▲ 1.7%
€57,882▲ 12.1%
Board3 names since 2020
2 directors and 1 other
Documentsfilings and deeds
23-06-202638 days before the deadline
2025abbreviated format
Result from €443,052 to €707,353

Key points

from the 2025 annual accounts

Result

€707,353 ▲ 59.7%
€443,0002024€707,0002025

The result rose in 2025 from €443,052 to €707,353.

Investments

€852,648 5.7 × depreciation
2022202320242025

Green is investment, beige is depreciation. Land and buildings stand 17.8% higher than in 2024.

Filings

32 annual accounts since 1994
AprilJune31 JulyOctober200020102020

The 2016 accounts came 1 day late. The other nine of the last ten were filed on time.

Turnover not published (abbreviated format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 513 companies had the same profile as THIMO has now. Each dot stands for 2 companies, two years later.

96.1%
were still trading
3.1%
stopped another way
0.8%
went bankrupt
  • Large
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 513 companies, not a prediction for THIMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Chair
Managing director

Shares in 2 companies, and

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0450882130
Capital decrease of €3,000,000 to €5,065,000 Capital from €8,065,000 to €5,065,000 · General meeting of 27-11-2023 · Gazette deed
Capital decrease of €4,123,000 to €8,065,000 Capital from €12,188,000 to €8,065,000 · Changes of role: (managing director) and (managing director) · Reappointments: (director) and (director) · General meeting of 23-05-2022 · Gazette deed
Reappointments: (director and chair of the board) and (managing director) General meeting of 09-06-2020 · Gazette deed
All 51 events

Official details

Source: KBO
Status
Active since 15-09-1993Normal situation
Activity
“Het patrimonium,bestaande uit onroerende goederen te behouden,in de ruimste zin van het woord te…” (deed in Dutch)From the articles, 7 activitiesNo NACE code in the KBO yet
Establishment unit
2.063.725.9732280 Grobbendonk, since 30-09-1993
Financial year end
31 December
Peppol
Reachable since 03-03-2025
Company details

Annual accounts 2025

€42.5m▲ 1.7%
Filing
Filed on 23-06-2026, 38 days before the end of the filing period
Financials

Insights on THIMO

THIMO files the abbreviated format. That format states no turnover. The gross margin fell from €699,676 in 2007 to -€146,661 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about THIMO

What is the company number of THIMO?
The company number of THIMO is 0450.882.130. The VAT number is the same number with BE in front: BE 0450.882.130.
Where is THIMO based?
The registered office is at Nachtegalendreef 17, 2280 Grobbendonk.Company details
What is the legal form of THIMO?
THIMO is a public limited company (NV).
When was THIMO founded?
THIMO was founded on 15-09-1993.
Is THIMO still active?
Yes, THIMO is an active enterprise in the KBO register.
What is the turnover of THIMO?
The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
Is THIMO profitable?
In financial year 2025, THIMO made a profit of €707,353.
Where can I find the annual accounts of THIMO?
THIMO filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of THIMO due?
THIMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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