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THISISUS

Active
Private limited companyfounded 2023active for 3 yearsLange Nieuwstraat 45, 2000 Antwerpen, BelgiumKBO/BCE: BE 0804.490.185
Summary

The computed 12-month bankruptcy probability of THISISUS is 2.3% (moderate). The 2025 annual accounts show equity of €546 and a net result of €21,825. Equity is growing by about 57% per year across the filed financial years. Its solvency ranks better than 20% of 13,384 sector peers (NACE 46, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
€546
2024 · -€21,280
Total assets
€26,763▲ 203%
2024 · €8,841
Net result
€21,825
2024 · -€17,457
Working capital
-€1,299▲ 93.9%
2024 · -€21,280
Trend over the years

2023 to 2025, 3 financial years

The operating result returns to profit in 2025: €25,267 after a loss of €15,030 in 2024, the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€25,267 2025 Net result€21,825 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result-€7,384--€15,030▼ 104%€25,267
Net result-€7,823below the sector's middle half--€17,457below the sector's middle half▼ 123%€21,825within the sector's middle half
Equity-€3,823below the sector's middle half--€21,280below the sector's middle half▼ 457%€546below the sector's middle half
Total assets€6,363below the sector's middle half-€8,841below the sector's middle half▲ 38.9%€26,763below the sector's middle half▲ 203%
Debt€10,186-€30,120▲ 196%€26,217▼ 13.0%
Working capital-€3,823within the sector's middle half--€21,280below the sector's middle half▼ 457%-€1,299within the sector's middle half▲ 93.9%
Solvency-60.1%below the sector's middle half--240.7%below the sector's middle half▼ 180.6pp2.0%below the sector's middle half▲ 242.7pp
Current ratio0.62below the sector's middle half-0.29below the sector's middle half▼ 0.330.95within the sector's middle half▲ 0.66
Return on assets (ROA)-122.9%below the sector's middle half--197.5%below the sector's middle half▼ 74.5pp81.6%above the sector's middle half▲ 279.0pp
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
Assets €26,763
Fixed assets €1,844
Current assets €24,918
Equity and liabilities €26,763
Equity €546
Debt €26,217
Debt finances 98.0% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
EBITDA
€25,353
Cash flow
€21,912
Interest coverage
11.25
Debt ≤ 1 year
€26,217▼
2024 · €30,120
Income taxes
€1,189▲
2024 · €163
Equity ratios withheld: equity of €546 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,157 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 94.1% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
3.0% went bankrupt
2.8% stopped otherwise
94.1% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,468 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,157 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€8,841€26,763▲
Fixed assets21/28-€1,844
Tangible fixed assets22/27-€1,844
Furniture and vehicles24-€1,844
Current assets29/58€8,841€24,918▲
Amounts receivable within one year40/41€19€24,841▲
Trade receivables40€19€24,841▲
Cash at bank and in hand54/58€7,925€78▼
Deferred charges and accrued income490/1€897€0▼
Equity and liabilities
Total equity and liabilities10/49€8,841€26,763▲
Equity10/15-€21,280€546▲
Contributions10/11€4,000€4,000=
Profit (loss) carried forward14-€25,280-€3,455▲
Amounts payable17/49€30,120€26,217▼
Amounts payable within one year42/48€30,120€26,217▼
Trade debts44€27€6,581▲
Suppliers440/4€27€6,581▲
Taxes, remuneration and social security45€12,060€13,461▲
Taxes450/3€12,060€13,461▲
Other amounts payable47/48€18,033€6,174▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€87
Other operating charges640/8€118€421▲
Gross operating margin9900-€14,912€25,774▲
Operating profit (loss)9901-€15,030€25,267▲
Financial income75/76B€5€0▼
Recurring financial income75€5€0▼
Financial charges65/66B€2,269€2,253▼
Recurring financial charges65€2,269€2,253▼
Profit (loss) for the period before taxes9903-€17,294€23,014▲
Income taxes67/77€163€1,189▲
Profit (loss) for the period9904-€17,457€21,825▲
Profit (loss) for the period to be appropriated9905-€17,457€21,825▲
Appropriation of the result
Profit (loss) to be appropriated9906-€25,280-€3,455▲
Profit (loss) brought forward from the previous period14P-€7,823-€25,280▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€87-
Other operating charges640/8€150€118€421▲ 256%
Gross operating margin9900-€7,234-€14,912€25,774-
Operating profit (loss)9901-€7,384-€15,030€25,267-
Financial income75/76B-€5€0▼ 100%
Recurring financial income75-€5€0▼ 100%
Financial charges65/66B€405€2,269€2,253▼ 0.7%
Recurring financial charges65€405€2,269€2,253▼ 0.7%
Profit (loss) for the period before taxes9903-€7,788-€17,294€23,014-
Income taxes67/77€35€163€1,189▲ 629%
Profit (loss) for the period9904-€7,823-€17,457€21,825-
Profit (loss) for the period to be appropriated9905-€7,823-€17,457€21,825-
Line202320242025Change
Assets
Total assets20/58€6,363€8,841€26,763▲ 203%
Fixed assets21/28--€1,844-
Tangible fixed assets22/27--€1,844-
Furniture and vehicles24--€1,844-
Current assets29/58€6,363€8,841€24,918▲ 182%
Amounts receivable within one year40/41-€19€24,841▲ 132,737%
Trade receivables40-€19€24,841▲ 132,737%
Cash at bank and in hand54/58€5,406€7,925€78▼ 99.0%
Deferred charges and accrued income490/1€957€897€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€6,363€8,841€26,763▲ 203%
Equity10/15-€3,823-€21,280€546-
Contributions10/11€4,000€4,000€4,000=
Profit (loss) carried forward14-€7,823-€25,280-€3,455▲ 86.3%
Amounts payable17/49€10,186€30,120€26,217▼ 13.0%
Amounts payable within one year42/48€10,186€30,120€26,217▼ 13.0%
Trade debts44€1,804€27€6,581▲ 24,329%
Suppliers440/4€1,804€27€6,581▲ 24,329%
Taxes, remuneration and social security45€1,775€12,060€13,461▲ 11.6%
Taxes450/3€1,775€12,060€13,461▲ 11.6%
Other amounts payable47/48€6,608€18,033€6,174▼ 65.8%
Line202320242025Change
Profit (loss) for the period9904-€7,823-€17,457€21,825-
+ Depreciation and write-downs630--€87-
Operating cash flow (approximation)-€7,823-€17,457€21,912-
Change in cash-€2,518-€7,847-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2025 micro format 02-04-2026 2026-00071101
31-12-2024 micro format 31-07-2025 2025-00337967
31-12-2023 micro format 19-07-2024 2024-00262938

Similar companies · same sector, comparable size

Of the 552 active companies whose main activity is wholesale trade (NACE 46480), figures are known for 348. 19 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.