THJ IMMO
ActiveSummary
THJ IMMO has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €143k and a net result of €-15k. Equity is shrinking by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 35% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability24=
Solvency37▼-4
Growth32=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity tight (current ratio 1.04 against 1.09 in 2024; short-term debt: 69.2% of total assets), and 87.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year €-15k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
15 d early
2024
17 d early
2023
19 d early
2022
18 d early
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€143k▼ 9.6%
2024 · €158k
2022: €173k
2023: €169k
2024: €158k
2022 → 2025
Total assets
€1.16M▲ 21.7%
2024 · €956k
2022: €173k
2023: €355k
2024: €956k
2022 → 2025
Net result
€-15k▼ 31.7%
2024 · €-11k
2022: €-2k
2023: €-4k
2024: €-11k
2022 → 2025
Working capital
€31k▼ 40.6%
2024 · €52k
2022: €171k
2023: €168k
2024: €52k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€173k-€169k▼ 2.1%€158k▼ 6.8%€143k▼ 9.6%
Operating result€-2k-€-4k▼ 58.1%€633€9k▲ 1,290%
Net result€-2k-€-4k▼ 60.2%€-11k▼ 218%€-15k▼ 31.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 1,290% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.16M
Fixed assets
€328k ▼ 3.4%
Current assets
€836k ▲ 35.6%
Equity and liabilities €1.16M
Equity
€143k ▼ 9.6%
Debt
€1.02M ▲ 27.8%
Debt's share of the balance-sheet total rises from 83.5% to 87.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€21k▲
2024 · €10k
Cash flow
€-3k▼
2024 · €-2k
Current ratio
1.04▼
2024 · 1.09
Quick ratio
0.00▲
2024 · 0.00
Debt to equity
7.16▲
2024 · 5.07
ROE
-10.6%▼
2024 · -7.3%
ROA
-1.3%▼
2024 · -1.2%
Interest coverage
0.87▲
2024 · 0.82
Debt ≤ 1 year
€805k▲
2024 · €565k
Debt > 1 year
€214k▼
2024 · €228k
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€956k€1.16M▲
Formation expenses20€779€253▼
Fixed assets21/28€339k€328k▼
Tangible fixed assets22/27€339k€328k▼
Land and buildings22€339k€328k▼
Current assets29/58€616k€836k▲
Stocks and contracts in progress3€616k€832k▲
Stocks30/36€616k€832k▲
Amounts receivable within one year40/41€0€3k▲
Trade receivables40€0€400▲
Other amounts receivable41€0€2k▲
Cash at bank and in hand54/58€0-
Deferred charges and accrued income490/1-€649
Equity and liabilities
Total equity and liabilities10/49€956k€1.16M▲
Equity10/15€158k€143k▼
Contributions10/11€175k€175k=
Profit (loss) carried forward14€-17k€-32k▼
Amounts payable17/49€799k€1.02M▲
Amounts payable after more than one year17€228k€214k▼
Financial debts170/4€228k€214k▼
Amounts payable within one year42/48€565k€805k▲
Current portion of amounts payable after more than one year42€13k€14k▲
Financial debts43€24k€161k▲
Credit institutions430/8€24k€161k▲
Trade debts44€884€400▼
Suppliers440/4€884€400▼
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Other amounts payable47/48€525k€630k▲
Accrued charges and deferred income492/3€6k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€12k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€12k€24k▲
Operating profit (loss)9901€633€9k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€12k€24k▲
Recurring financial charges65€12k€24k▲
Profit (loss) for the period before taxes9903€-11k€-15k▼
Profit (loss) for the period9904€-11k€-15k▼
Profit (loss) for the period to be appropriated9905€-11k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-32k▼
Profit (loss) brought forward from the previous period14P€-6k€-17k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Jalhay · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Grand'Rue(SART) 1124845 JalhayGround area
366 m²
Building footprint
114 m²
Volume, LiDAR
1,174 m³
Parcel 63068B0455/00V000, Wallonia · tallest building 11.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
THJ IMMO
since 20212.319.114.503
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63068B0455/00V000indicative | Wallonia | 366 m² | 1 · 114 m² | 11.8 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Baetslé
BE 0750.782.176
Deinze · Eq €142,549
ASCOT NOVA CONSTRUCT
BE 0799.960.780
Maldegem · Eq €142,575
PERFECT CONSTRUCTION
BE 0635.617.442
La Louvière · Eq €142,505
BLCK-IMMO
BE 0644.453.548
Neupré · Eq €142,762
MATEI
BE 0763.732.369
Brasschaat · Eq €142,338
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 5,351 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
43120Site preparation
43230Insulation installation
43350Other building finishing work
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.