Skip to content

THIRY LOCATION

Active Private limited companyfounded 2004active for 22 yearsChaussée de Chimay 108, 6500 BeaumontKBO/BCE: BE 0867.706.867 #8 company by equity in Beaumont, Wholesale and retail trade sector

Lifetime

20 annual accounts with figures on one time axis, 21 filings since 2005
peak €670,418 (2008)
€218,491▲ 9.3%
lowest -€54,974 (2014)
€4,541▼ 26.6%
peak €439,132 (2009)
€333,854▲ 1.4%
€282,493▼ 14.8%
peak 4 FTE (2010)
-not published
Board1 name since 2004
1 directorTHIRY Pascal
Documentsfilings and deeds
22-09-202653 days late
2025micro format
Result from €6,185 to €4,541Cash from €10,827 to €0

Key points

from the 2025 annual accounts

Turnover

≈ €1.3m estimated

The accounts state no turnover.

Filings

21 annual accounts since 2005
AprilJune31 JulyOctober20052010201520202025

Ten of the last ten came late. The 2017 accounts came latest: 58 days after the end of the period.

Position in the sector

€333,854

More equity than 92% of companies in retail trade. Sector median €40,998 · 22,960 companies.

Checked score

63
Healthy
Financially stronger than 45% of micro companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.7% 01-2025: 0.6%▼ -0.1 percentage points vs 12-2024 02-2025: 0.7%▲ +0.1 percentage points vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025 08-2025: 1.2%▲ +0.4 percentage points vs 07-2025 09-2025: 0.4%▼ -0.8 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025lowest value 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.5%▲ +0.1 percentage points vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.4 percentage points vs 07-2026 09-2026: 1.0%▲ +0.1 percentage points vs 08-2026 10-2026: 1.6%▲ +0.6 percentage points vs 09-2026highest value 11-2026: 1.6%● unchanged vs 10-2026highest value

Financial strength
Average

79+4equity 54.2% of total assets
33+1short-term debt 36.4% · cash 0.0%
51+4return on assets 0.7%

Score breakdown

raises risk
Liquidity: current ratio 2.36, cash €0, halved
Last filed accounts filed 53 days late; 2 of the last 3 accounts late
2 establishment units
lowers risk
Founded in 2004
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 47, micro). It does better than 68% of them on solvency, 31% on liquidity, 37% on profitability and 44% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 17,041 companies had the same profile as THIRY LOCATION has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of THIRY LOCATION itself is higher: 1.6% within 12 months. It rests on far more data about THIRY LOCATION than the profile alone.

Test of the method

The method was tested on the 497,447 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 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 17,041 companies, not a prediction for THIRY LOCATION. 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

Credit of up to €21,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.36 (1.91 in 2024), above the usual 1.5. Short-term debt is 36.4% and cash 0% of total assets. 45.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Five signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 2.36, cash €0, halved
NBB · annual accounts
raises risk · Last filed accounts filed 53 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 2004
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2 establishment units
KBO · seat and establishments
raises risk · 2025 accounts filed 53 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
53 days late
2024
22 days late
2023
56 days late
2022
57 days late
2021
29 days late
2020
23 days late
2019
34 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 39 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

TP
Director, since 30-09-2004
  • THIRY Pascaldeed of 25-10-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0867706867
Amendment of the articles · Legal-form change · Resignations & appointments Change of role: THIRY Pascal, from manager to director · THIRY Pascal is a shareholder · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 05-10-2023 · Gazette deed
New establishment in Beaumont SPRL THIRY LOCATION, Chaussée de Chimay 108
Incorporation published on 18-10-2004 · Gazette deed
All 34 events

Comparable companies

same main activity, similar in size and age
Company
THIRY LOCATION Beaumont €616,347 €218,491 54.2% -
M.J.P.K.A.R. Saint-Ghislain €585,406 €226,581 71.0% 5.6
BH MOTORS Mouscron €582,697 €272,274 65.6% 3.7
GARAGE DOUMEN KAMIEL Maaseik €614,377 €235,137 73.4% -
L.D. MOTORS Vilvoorde €665,815 €200,541 69.7% 1
GARAGE BRUNO CROMPHOUT Ninove €677,627 €188,228 74.7% 2.9
LRC Motors Lievegem €617,015 €172,945 28.0% 1

These companies have the same main activity as THIRY LOCATION: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €583,000 and €678,000, founded between 2002 and 2006.

Official details

Source: KBO
Status
Active since 08-10-2004Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes)NACE 47811and 4 others
Joint committees
149.04Metal trade
200Auxiliary committee for white-collar workers · annual accounts 2021
Establishment units
2.143.980.2116591 Momignies, since 08-10-2004
2.165.558.4546500 Beaumont, since 25-09-2007
Financial year end
31 December
Peppol
Reachable since 11-08-2025
Company details

Annual accounts 2025

€616,347▼ 6.7%
Employeeson 31-12-2025
3=
Filing
Filed on 22-09-2026
Financials

Insights on THIRY LOCATION

THIRY LOCATION files the micro format. That format states no turnover. The gross margin fell from €285,031 in 2006 to €218,491 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 THIRY LOCATION

What is the company number of THIRY LOCATION?
The company number of THIRY LOCATION is 0867.706.867. The VAT number is the same number with BE in front: BE 0867.706.867.
Where is THIRY LOCATION based?
The registered office is at Chaussée de Chimay 108, 6500 Beaumont.Company details
What does THIRY LOCATION do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of THIRY LOCATION?
THIRY LOCATION is a private limited company (BV).
When was THIRY LOCATION founded?
THIRY LOCATION was founded on 08-10-2004.
Is THIRY LOCATION still active?
Yes, THIRY LOCATION is an active enterprise in the KBO register.
How many employees does THIRY LOCATION have?
THIRY LOCATION had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does THIRY LOCATION fall under?
In its 2021 annual accounts, THIRY LOCATION states joint committees 149.04 (Metal trade) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of THIRY LOCATION?
The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €218,491 and 36 comparable companies (NACE 47811). It probably lies between €770,000 and €2.9m.
Is THIRY LOCATION profitable?
In financial year 2025, THIRY LOCATION made a profit of €4,541.
Where can I find the annual accounts of THIRY LOCATION?
THIRY LOCATION filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of THIRY LOCATION due?
THIRY LOCATION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.