THIRY LOCATION
ActiveSummary
THIRY LOCATION has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €334k and a net result of €5k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 67% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability51▲+4
Solvency79▲+4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 2.36 against 1.91 in 2024; short-term debt: 36.4% and cash: 0% of total assets), and 45.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
54.2%
Return on assets
0.7%
Age of the figures
9 mo
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
53 d late
2024
22 d late
2023
56 d late
2022
57 d late
2021
29 d late
2020
23 d late
2019
34 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
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5k▼ 26.6%
2024 · €6k
2018: €8k
2019: €6k▼ -28.1% vs 2018
2020: €-6k▼ -199% vs 2019
2021: €14k▲ +346% vs 2020highest in 8 years
2022: €-6k▼ -145% vs 2021
2023: €-13k▼ -109% vs 2022lowest in 8 years
2024: €6k▲ +148% vs 2023
2025: €5k▼ -26.6% vs 2024
2018 → 2025
Working capital
€306k▲ 20.3%
2024 · €255k
2018: €274k
2019: €277k▲ +1.2% vs 2018
2020: €258k▼ -7.1% vs 2019
2021: €220k▼ -14.7% vs 2020
2022: €239k▲ +8.9% vs 2021
2023: €201k▼ -16.0% vs 2022lowest in 8 years
2024: €255k▲ +26.8% vs 2023
2025: €306k▲ +20.3% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€344k-€336k▼ 2.3%€323k▼ 3.9%€329k▲ 1.9%€334k▲ 1.4%
2021: €344khighest in 5 years
2022: €336k▼ -2.3% vs 2021
2023: €323k▼ -3.9% vs 2022lowest in 5 years
2024: €329k▲ +1.9% vs 2023
2025: €334k▲ +1.4% vs 2024
Operating result€34k-€10k▼ 71.8%€6k▼ 38.4%€28k▲ 366%€27k▼ 0.8%
2021: €34khighest in 5 years
2022: €10k▼ -71.8% vs 2021
2023: €6k▼ -38.4% vs 2022lowest in 5 years
2024: €28k▲ +366% vs 2023
2025: €27k▼ -0.8% vs 2024
Net result€14k-€-6k€-13k▼ 109%€6k€5k▼ 26.6%
2021: €14khighest in 5 years
2022: €-6k▼ -145% vs 2021
2023: €-13k▼ -109% vs 2022lowest in 5 years
2024: €6k▲ +148% vs 2023
2025: €5k▼ -26.6% vs 2024
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €616k
Fixed assets
€85k ▼ 32.8%
Current assets
€531k ▼ 0.5%
Equity and liabilities €616k
Equity
€334k ▲ 1.4%
Debt
€282k ▼ 14.8%
Debt's share of the balance-sheet total falls from 50.2% to 45.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€72k▲
2024 · €68k
Cash flow
€49k▲
2024 · €46k
Current ratio
2.36▲
2024 · 1.91
Quick ratio
0.83▼
2024 · 0.90
Debt to equity
0.85▼
2024 · 1.01
ROE
1.4%▼
2024 · 1.9%
ROA
0.7%▼
2024 · 0.9%
Interest coverage
3.81▲
2024 · 3.25
Debt ≤ 1 year
€225k▼
2024 · €279k
Debt > 1 year
€58k▲
2024 · €52k
Income taxes
€4k▲
2024 · €2k
Staff costs
€146k▲
2024 · €125k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€661k€616k▼
Fixed assets21/28€127k€85k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€127k€85k▼
Land and buildings22€43k€30k▼
Plant, machinery and equipment23€31k€25k▼
Furniture and vehicles24€4k€3k▼
Leasing and similar rights25€49k€28k▼
Financial fixed assets28€99€99=
Current assets29/58€534k€531k▼
Stocks and contracts in progress3€282k€346k▲
Stocks30/36€282k€346k▲
Amounts receivable within one year40/41€225k€179k▼
Trade receivables40€198k€156k▼
Other amounts receivable41€27k€22k▼
Cash at bank and in hand54/58€11k€0▼
Deferred charges and accrued income490/1€16k€7k▼
Equity and liabilities
Total equity and liabilities10/49€661k€616k▼
Equity10/15€329k€334k▲
Contributions10/11€19k€19k=
Reserves13€288k€288k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€86k€86k=
Distributable reserves133€200k€200k=
Profit (loss) carried forward14€23k€27k▲
Amounts payable17/49€331k€282k▼
Amounts payable after more than one year17€52k€58k▲
Financial debts170/4€52k€58k▲
Amounts payable within one year42/48€279k€225k▼
Current portion of amounts payable after more than one year42€31k€54k▲
Financial debts43€100k€64k▼
Credit institutions430/8€100k€64k▼
Trade debts44€76k€42k▼
Suppliers440/4€76k€42k▼
Taxes, remuneration and social security45€71k€65k▼
Taxes450/3€52k€36k▼
Remuneration and social security454/9€19k€28k▲
Income statement
Code20242025
Remuneration, social security and pensions62€125k€146k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€45k▲
Other operating charges640/8€7k€430▼
Gross operating margin9900€200k€218k▲
Operating profit (loss)9901€28k€27k▼
Financial income75/76B€1k€213▼
Recurring financial income75€1k€213▼
Financial charges65/66B€21k€19k▼
Recurring financial charges65€21k€19k▼
Profit (loss) for the period before taxes9903€8k€9k▲
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€6k€5k▼
Profit (loss) for the period to be appropriated9905€6k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€27k▲
Profit (loss) brought forward from the previous period14P€17k€23k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €123k | €162k | €184k | €125k | €146k | ▲ 16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €50k | €63k | €49k | €40k | €45k | ▲ 12.1% |
| Other operating charges640/8 | €6k | €7k | €12k | €7k | €430 | ▼ 94.2% |
| Gross operating margin9900 | €213k | €242k | €251k | €200k | €218k | ▲ 9.3% |
| Operating profit (loss)9901 | €34k | €10k | €6k | €28k | €27k | ▼ 0.8% |
| Financial income75/76B | €3k | €3k | €1k | €1k | €213 | ▼ 85.2% |
| Recurring financial income75 | €3k | €3k | €1k | €1k | €213 | ▼ 85.2% |
| Financial charges65/66B | €17k | €18k | €20k | €21k | €19k | ▼ 8.7% |
| Recurring financial charges65 | €17k | €18k | €20k | €21k | €19k | ▼ 8.7% |
| Profit (loss) for the period before taxes9903 | €20k | €-5k | €-13k | €8k | €9k | ▲ 4.4% |
| Income taxes67/77 | €6k | €1k | €271 | €2k | €4k | ▲ 99.4% |
| Profit (loss) for the period9904 | €14k | €-6k | €-13k | €6k | €5k | ▼ 26.6% |
| Profit (loss) for the period to be appropriated9905 | €14k | €-6k | €-13k | €6k | €5k | ▼ 26.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €701k | €683k | €686k | €661k | €616k | ▼ 6.7% |
| Fixed assets21/28 | €231k | €184k | €169k | €127k | €85k | ▼ 32.8% |
| Intangible fixed assets21 | - | €0 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €230k | €183k | €169k | €127k | €85k | ▼ 32.9% |
| Land and buildings22 | €76k | €62k | €53k | €43k | €30k | ▼ 30.7% |
| Plant, machinery and equipment23 | €14k | €14k | €40k | €31k | €25k | ▼ 18.9% |
| Furniture and vehicles24 | €13k | €14k | €8k | €4k | €3k | ▼ 37.9% |
| Leasing and similar rights25 | €128k | €94k | €68k | €49k | €28k | ▼ 43.2% |
| Financial fixed assets28 | €99 | €99 | €99 | €99 | €99 | = |
| Current assets29/58 | €470k | €500k | €517k | €534k | €531k | ▼ 0.5% |
| Amounts receivable after more than one year29 | €16k | €6k | €6k | - | - | - |
| Other amounts receivable291 | €16k | €6k | €6k | - | - | - |
| Stocks and contracts in progress3 | €311k | €370k | €331k | €282k | €346k | ▲ 22.8% |
| Stocks30/36 | €311k | €370k | €331k | €282k | €346k | ▲ 22.8% |
| Amounts receivable within one year40/41 | €131k | €108k | €163k | €225k | €179k | ▼ 20.6% |
| Trade receivables40 | €109k | €89k | €125k | €198k | €156k | ▼ 21.0% |
| Other amounts receivable41 | €23k | €19k | €38k | €27k | €22k | ▼ 17.9% |
| Cash at bank and in hand54/58 | €12k | €16k | €7k | €11k | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | - | - | €10k | €16k | €7k | ▼ 59.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €701k | €683k | €686k | €661k | €616k | ▼ 6.7% |
| Equity10/15 | €344k | €336k | €323k | €329k | €334k | ▲ 1.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €288k | €288k | €288k | €288k | €288k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | €86k | €86k | €86k | €86k | €86k | = |
| Distributable reserves133 | €200k | €200k | €200k | €200k | €200k | = |
| Profit (loss) carried forward14 | €36k | €30k | €17k | €23k | €27k | ▲ 19.8% |
| Investment grants15 | €2k | €297 | - | - | - | - |
| Amounts payable17/49 | €357k | €347k | €363k | €331k | €282k | ▼ 14.8% |
| Amounts payable after more than one year17 | €106k | €86k | €47k | €52k | €58k | ▲ 10.5% |
| Financial debts170/4 | €106k | €86k | €47k | €52k | €58k | ▲ 10.5% |
| Amounts payable within one year42/48 | €251k | €261k | €316k | €279k | €225k | ▼ 19.5% |
| Current portion of amounts payable after more than one year42 | €53k | €51k | €46k | €31k | €54k | ▲ 71.7% |
| Financial debts43 | €139k | €124k | €136k | €100k | €64k | ▼ 35.5% |
| Credit institutions430/8 | €139k | €124k | €136k | €100k | €64k | ▼ 35.5% |
| Trade debts44 | €24k | €38k | €69k | €76k | €42k | ▼ 45.3% |
| Suppliers440/4 | €24k | €38k | €69k | €76k | €42k | ▼ 45.3% |
| Taxes, remuneration and social security45 | €35k | €47k | €65k | €71k | €65k | ▼ 9.5% |
| Taxes450/3 | €18k | €20k | €44k | €52k | €36k | ▼ 31.0% |
| Remuneration and social security454/9 | €17k | €27k | €21k | €19k | €28k | ▲ 50.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €-6k | €-13k | €6k | €5k | ▼ 26.6% |
| + Depreciation and write-downs630 | €50k | €63k | €49k | €40k | €45k | ▲ 12.1% |
| Operating cash flow (approximation) | €64k | €57k | €36k | €46k | €49k | ▲ 6.9% |
| Investment in fixed assets (approximation) | - | €-16k | €-34k | €2k | €-3k | ▼ 284% |
| Change in cash | - | €4k | €-8k | €4k | €-11k | ▼ 407% |
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
22-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 53 days late
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 56 days late
2023
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 23 days late
2020
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
2019
09-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 40 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 58 days late
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Beaumont · 2 establishment units since 2004
Ground area
3,868 m²
Building footprint
455 m²
Volume, LiDAR
2,923 m³
2 parcels, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
THIRY LOCATION
since 20042.143.980.211
SPRL THIRY LOCATION
since 20072.165.558.454
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56073E0580/00K000 | Wallonia | 2,986 m² | 1 · 335 m² | 6.3 m · 2 fl. |
| 56046C0259/00D000 | Wallonia | 882 m² | 1 · 120 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 10,667 companies in sector 47811 we hold annual accounts for 5,220. 3,616 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
Founded08-10-2004
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46630Wholesale trade
77110Renting and leasing of cars and light motor vehicles
77210Renting and leasing of sports and recreation goods
77320Rental and leasing activities
Contact
Website
www.thirylocation.be
E-mail
pascal@thirylocation.be
Phone
060/51 28 93Momignies
Phone
060412566Beaumont
Fax
060211369Beaumont
Scores and ratios are computed by Checked and are not a credit decision.