THIMOCON
ActiveSummary
The computed 12-month bankruptcy probability of THIMOCON is 3.9% (moderate). The 2024 annual accounts show equity of €93,600 and a net result of €92,600. Its solvency ranks better than 50% of 37,587 sector peers (NACE 70, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 25-03-2024 Normal situation
- Activity
- Business and other management consultancy NACE 70200
- Establishment unit
- 2.357.977.354 1540 Pajottegem, since 25-03-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 20-06-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.9%
- Gross margin
- €119,825
- Turnover
- ≈ €200,000
- estimated
- Profit
- €92,600
- Equity
- €93,600
- Total assets
- €162,199
- 2024 accounts filed 176 days after the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 176 days late; 1 of the last 3 accounts lateFigures for financial year 2024 (filed on 26-01-2026)Founded in 2024lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
About 4 in 100 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 70, micro). It does better than 53% of them on solvency, 17% on liquidity and 84% on profitability.
The bankruptcy probability was computed on 02-11-2026 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 2024 accounts 176 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, micro format
2024 annual accounts filed 176 days after the deadline Filed on 23 January 2026, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2026-00013482.
Annual accounts 2024 filed on 23-01-2026 PDF
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2024 |
|---|---|
| Other operating charges640/8 | €564 |
| Gross operating margin9900 | €119,825 |
| Operating profit (loss)9901 | €119,262 |
| Financial income75/76B | €4,409 |
| Recurring financial income75 | €4,409 |
| Financial charges65/66B | €80 |
| Recurring financial charges65 | €80 |
| Profit (loss) for the period before taxes9903 | €123,591 |
| Income taxes67/77 | €30,990 |
| Profit (loss) for the period9904 | €92,600 |
| Profit (loss) for the period to be appropriated9905 | €92,600 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €162,199 | |
| Current assets29/58 | €162,199 | |
| Amounts receivable within one year40/41 | €145,491 | |
| Other amounts receivable41 | €145,491 | |
| Cash at bank and in hand54/58 | €8,992 | |
| Deferred charges and accrued income490/1 | €7,715 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €162,199 | |
| Equity10/15 | €93,600 | |
| Contributions10/11 | €1,000 | |
| Reserves13 | €92,600 | |
| Distributable reserves133 | €92,600 | |
| Amounts payable17/49 | €68,598 | |
| Amounts payable within one year42/48 | €68,598 | |
| Trade debts44 | €68,598 | |
| Suppliers440/4 | €9,210 | |
| Bills of exchange payable441 | €59,388 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €92,600 |
| Operating cash flow (approximation) | €92,600 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as THIMOCON has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of THIMOCON itself is higher: 3.9% within 12 months. It rests on far more data about THIMOCON than the profile alone.
Test of the method
The method was tested on the 497,446 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for THIMOCON. 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.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 23-01-2026 | 2026-00013482 |
Board & ownership
Directors
Owners and capital
Shareholders
- MOUSTIE,Thiry sole founder · 100% at incorporation
Capital transactions
- 27-03-2024 Incorporation · 100 shares
Articles of association
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 27-03-2024 (in Dutch)
Network & group
THIMOCON shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of THIMOCON. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
27-03
Gazette deed
IncorporationAppointment: MOUSTIE,Thiry (director) · Founder · Founding capital7 points ▸
- Incorporation, “THIMOCON” (deed in Dutch)
- Founder, MOUSTIE,Thiry
- Founding capital
- Registered office clause, “1540 Herne,Centrum 21/A” (deed in Dutch)
- Board rule, 1, “onbepaalde duur” (deed in Dutch)
- Director appointment, MOUSTIE,Thiry (director)
- Pre-incorporation commitments, “takeover, verbintenissen,verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
11 activities
- Het verwerven,door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbons of andere roerende waarden en effecten,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten vennootschappen
- Het bevorderen van de oprichting van vennootschappen door inbreng,participatie of investering
- Het optreden als tussenpersoon bij onderhandelingen door gehele of gedeeltelijke overname van aandelen;in de meest ruime betekenis,het deelnemen aan emissieverrichtingen van aandelen en vastrentende waarden door intekening,waarborgplaatsing,verhandeling of anderszins,alsmede het verwezenlijken van om het even welke verrichtingen inzake portefeuille- of kapitaalbestuur en beleggingen van allerlei aard
- Het deelnemen in en het waarnemen van alle bestuursopdrachten,het uitoefenen van mandaten en functies in andere vennootschappen of ondernemingen
- Het verhuren of huren al of niet onder het stelsel van de Belasting over de Toegevoegde Waarde,aan- en verkopen van roerende goederen en rechten,alsmede alle activiteiten die betrekking hebben op onroerende leasing
- Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en aanverwante immateriële duurzame activa
- Het afsluiten van lijfrenteovereenkomsten,alsmede het doen van periodieke uitkeringen en uitvoeren van pensioenregelingen
- Het toestaan of opnemen van leningen en kredietopeningen al dan niet onder hypothecair verband,het verstrekken van zekerheden ook voor schulden van derden,waaronder begrepen hypothecaire zekerheid op haar toebehorende goederen voor schulden aan derden aan één of meer van haar zuster- of dochtervennootschappen,dan wel voor schulden van derden van (andere) natuurlijke personen of rechtspersonen,alsmede het zich hoofdelijk of als bord mede verbinden van aval verlenen voor die schulden
- Alle onroerende activiteiten en alle studies die verband houden met alle goederen en onroerende rechten,van nature,door incorporatie of door bestemming,en met alle goederen en roerende rechten die daaruit voortvloeien,evenals alle burgerlijke,commerciële,industriële of financiële verrichtingen die rechtstreeks of onrechtstreeks daarmee verband houden,zoals bijvoorbeeld de aankoop,ontsluiting,de valorisatie,de verkaveling,de ruil,de verbetering,de gemeubileerde of niet-gemeubileerde verhuur,de verkoop,de overdracht,het beheer,de omvorming,de bouw en afbraak van onroerende en roerende goederen
- Het uitoefenen van management,consulting en bestuursactiviteiten.Deze activiteiten omvatten onder meer,zonder dat deze opsomming beperkend is,het uitoefenen van consulting functies op onafhankelijke wijze en het verlenen van advies,bijstand en leiding aan bedrijven,privé personen en instellingen,voornamelijk doch niet uitsluitend op het vlak van management,marketing,human resources,producten en eveneens hun ontwikkeling,investor relations en financial consulting,processing en bestuur.Het geven van opleiding,sessies en consultancy in bedrijven en managementscholen
- Het voeren van interim-management bedrijven
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23032I0348/00B000 | Flanders | 773 m² | 1 · 232 m² | 12.5 m · 3 |