THL TOUCH & LIGHT
ActiveTHL TOUCH & LIGHT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €110k and a net result of €6k. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 51% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-9
Solvency70=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.06 against 2.3 in 2024; short-term debt: 41.8% and cash: 30.9% of total assets), but 55.3% of the assets are financed with debt.
Credit advice 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
44.7%
Return on assets
2.4%
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 20-08-2026, 20 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 · 8 filingsDeviation from the deadline
2025
20 d late
2024
27 d late
2023
89 d late
2022
113 d late
2021
75 d late
2020
195 d late
2019
62 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€110k▲ 5.6%
2024 · €104k
2018: €17k
2019: €46k
2020: €63k
2021: €84k
2022: €71k
2023: €72k
2024: €104k
2018 → 2025
Total assets
€245k▲ 7.2%
2024 · €229k
2018: €170k
2019: €109k
2020: €94k
2021: €148k
2022: €154k
2023: €205k
2024: €229k
2018 → 2025
Net result
€6k▼ 73.9%
2024 · €22k
2018: €11k
2019: €29k
2020: €17k
2021: €22k
2022: €11k
2023: €768
2024: €22k
2018 → 2025
Working capital
€109k▲ 7.4%
2024 · €102k
2018: €14k
2019: €42k
2020: €78k
2021: €101k
2022: €84k
2023: €32k
2024: €102k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€84k-€71k▼ 16.0%€72k▲ 1.1%€104k▲ 45.2%€110k▲ 5.6%
Operating result€29k-€17k▼ 42.8%€1k▼ 93.3%€34k▲ 2,913%€9k▼ 73.9%
Net result€22k-€11k▼ 47.3%€768▼ 93.3%€22k▲ 2,803%€6k▼ 73.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 74% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €245k
Fixed assets
€34k▼ 31.7%
Current assets
€212k▲ 17.9%
Equity and liabilities €245k
Equity
€110k▲ 5.6%
Debt
€136k▲ 8.6%
The debt ratio rises from 54.6% to 55.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24k▼
2024 · €43k
Cash flow
€21k▼
2024 · €32k
Solvency
44.7%▼
2024 · 45.4%
Current ratio
2.06▼
2024 · 2.30
Quick ratio
1.85▼
2024 · 1.99
Debt / equity
1.24▲
2024 · 1.20
ROE
5.3%▼
2024 · 21.4%
ROA
2.4%▼
2024 · 9.7%
Interest coverage
22.49▲
2024 · 11.20
Debt
€136k▲
2024 · €125k
Debt ≤ 1 year
€103k▲
2024 · €78k
Debt > 1 year
€33k▼
2024 · €47k
Income taxes
€2k▼
2024 · €8k
Staff costs
€1k▼
2024 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€229k€245k▲
Fixed assets21/28€49k€34k▼
Intangible fixed assets21€35k€27k▼
Tangible fixed assets22/27€14k€7k▼
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€12k€6k▼
Financial fixed assets28€194-
Current assets29/58€180k€212k▲
Stocks and contracts in progress3€24k€22k▼
Stocks30/36€24k€22k▼
Amounts receivable within one year40/41€92k€108k▲
Trade receivables40€85k€96k▲
Other amounts receivable41€7k€13k▲
Cash at bank and in hand54/58€58k€76k▲
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€229k€245k▲
Equity10/15€104k€110k▲
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€96k€102k▲
Amounts payable17/49€125k€136k▲
Amounts payable after more than one year17€47k€33k▼
Financial debts170/4€47k€33k▼
Amounts payable within one year42/48€78k€103k▲
Current portion of amounts payable after more than one year42€12k€10k▼
Trade debts44€13k€40k▲
Suppliers440/4€13k€40k▲
Advances received on contracts in progress46€1k-
Taxes, remuneration and social security45€17k€12k▼
Taxes450/3€8k€10k▲
Remuneration and social security454/9€9k€3k▼
Other amounts payable47/48€35k€41k▲
Income statement
Code20242025
Remuneration, social security and pensions62€20k€1k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€15k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€66k€28k▼
Operating profit (loss)9901€34k€9k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€4k€1k▼
Recurring financial charges65€4k€1k▼
Profit (loss) for the period before taxes9903€30k€8k▼
Income taxes67/77€8k€2k▼
Profit (loss) for the period9904€22k€6k▼
Profit (loss) for the period to be appropriated9905€22k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€96k€102k▲
Profit (loss) brought forward from the previous period14P€74k€96k▲
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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 20 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Equity above €100kEq €104k ▲45.2%
7 profitable years in a row build equity to €104k.
28-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 89 days late
2023
31-12
Financial
Weakest financial yearnet €768 ▼93.3%
Net result drops to €768, the lowest in the series; recovery starts the following year.
21-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 113 days late
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
11-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 195 days late
2020
31-12
Financial
Liquidity times 5current ratio 7.81
Current ratio from 1.66 to 7.81; short-term debt falls from €64k to €12k.
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 62 days late
2019
31-12
Financial
Highest result since 2018net €29k ▲169%
Net result €29k, the highest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2017
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.
Clos Patenier 51340 Ottignies-Louvain-la-NeuveGround area
688 m²
Building footprint
171 m²
Volume, LiDAR
1,147 m³
2 parcels, Flanders, Wallonia · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Hollebeekstraat 421, 1630 Linkebeek
since 20172.264.821.029
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25083F0441/00Z000 | Wallonia | 393 m² | 1 · 101 m² | 11.8 m · 3 fl. |
| 22003C0274/00R000 | Flanders | 295 m² | 1 · 70 m² | 5.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
HEAT WORKS
BE 0774.893.111
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J.M.DELSAUX
BE 0890.379.133
Fontaine-l'Evêque · Eq €110k
WM ELECTRICS
BE 0539.849.243
Tielt · Eq €110k
VAN RUYCHEVELT Entreprise
BE 0779.379.063
Brussel · Eq €110k
REYNAERT ELEKTROTECHNIEK
BE 0732.836.879
Hoeilaart · Eq €110k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,328. 8,778 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-05-2017
Fiscal year end31-12
Abbreviation FR
THL
Activities, NACEBEL
43211General electrical installation work
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.