THMA Consulting
ActiveTHMA Consulting has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €129k and a net result of €23k. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 57% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+1
Solvency88▲+7
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 0.5 in 2024; short-term debt: 18.1% and cash: 19.2% of total assets), and 36.8% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
63.2%
Return on assets
11.2%
Age of the figures
9 mo
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
48 d early
2023
57 d early
2022
31 d early
2021
31 d early
2020
38 d early
2019
21 d early
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€129k▲ 21.5%
2024 · €106k
2018: €26k
2019: €50k
2020: €82k
2021: €87k
2022: €100k
2023: €110k
2024: €106k
2018 → 2025
Total assets
€205k▲ 8.0%
2024 · €189k
2018: €215k
2019: €212k
2020: €221k
2021: €211k
2022: €218k
2023: €222k
2024: €189k
2018 → 2025
Net result
€23k▲ 15.5%
2024 · €20k
2018: €22k
2019: €24k
2020: €32k
2021: €4k
2022: €13k
2023: €29k
2024: €20k
2018 → 2025
Working capital
€11k
2024 · €-28k
2018: €-19k
2019: €-7k
2020: €11k
2021: €2k
2022: €-5k
2023: €-11k
2024: €-28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€87k-€100k▲ 15.1%€110k▲ 10.8%€106k▼ 3.6%€129k▲ 21.5%
Operating result€10k-€21k▲ 116%€43k▲ 108%€30k▼ 29.9%€38k▲ 25.5%
Net result€4k-€13k▲ 193%€29k▲ 123%€20k▼ 32.2%€23k▲ 15.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 25% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €205k
Fixed assets
€157k▼ 2.8%
Current assets
€48k▲ 68.8%
Equity and liabilities €205k
Equity
€129k▲ 21.5%
Debt
€75k▼ 9.3%
The debt ratio falls from 43.9% to 36.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46k▲
2024 · €38k
Cash flow
€30k▲
2024 · €28k
Solvency
63.2%▲
2024 · 56.1%
Current ratio
1.29▲
2024 · 0.50
Quick ratio
1.29▲
2024 · 0.50
Debt / equity
0.58▼
2024 · 0.78
ROE
17.7%▼
2024 · 18.6%
ROA
11.2%▲
2024 · 10.4%
Interest coverage
12.65▼
2024 · 30.34
Debt
€75k▼
2024 · €83k
Debt ≤ 1 year
€37k▼
2024 · €56k
Debt > 1 year
€38k▲
2024 · €27k
Income taxes
€12k▲
2024 · €9k
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€189k€205k▲
Fixed assets21/28€161k€157k▼
Tangible fixed assets22/27€161k€157k▼
Land and buildings22€157k€154k▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€366-
Current assets29/58€28k€48k▲
Amounts receivable within one year40/41€1k€703▼
Trade receivables40€512-
Other amounts receivable41€703€703=
Cash at bank and in hand54/58€26k€39k▲
Deferred charges and accrued income490/1€1k€8k▲
Equity and liabilities
Total equity and liabilities10/49€189k€205k▲
Equity10/15€106k€129k▲
Contributions10/11€6k€6k=
Reserves13€100k€123k▲
Distributable reserves133€100k€123k▲
Amounts payable17/49€83k€75k▼
Amounts payable after more than one year17€27k€38k▲
Financial debts170/4€27k€5k▼
Other amounts payable178/9-€33k
Amounts payable within one year42/48€56k€37k▼
Current portion of amounts payable after more than one year42€21k€21k▲
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€5k€12k▲
Taxes450/3€5k€9k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48€26k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Other operating charges640/8€2k€907▼
Gross operating margin9900€40k€47k▲
Operating profit (loss)9901€30k€38k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€1k€4k▲
Recurring financial charges65€1k€4k▲
Profit (loss) for the period before taxes9903€29k€34k▲
Income taxes67/77€9k€12k▲
Profit (loss) for the period9904€20k€23k▲
Profit (loss) for the period to be appropriated9905€20k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€23k▲
Transfer from equity791/2€24k-
Transfer to equity691/2€20k€23k▲
To other reserves6921€20k€23k▲
Profit to be distributed694/7€24k-
Return on contributions (dividend)694€24k-
The notes to these accounts (6 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity triplescurrent ratio 1.29
Current ratio from 0.50 to 1.29; short-term debt falls from €56k to €37k.
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €110k ▲10.8%
6 profitable years in a row build equity to €110k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €4k ▼86%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €32k ▲33.7%
Operating result €47k, net result €32k, both a record.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · 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, Antwerpen · 1 establishment unit since 2016
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.
Paleisstraat 1022018 AntwerpenGround area
635 m²
Building footprint
290 m²
Volume, LiDAR
2,805 m³
Parcel 11811L3595/00Y003, Flanders · tallest building 19.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
THMA Consulting
since 20162.258.181.774
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3595/00Y003 | Flanders | 635 m² | 1 · 290 m² | 19.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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AION Consulting
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,574. 40,851 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-08-2016
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:tom.leemans@telenet.be
Phone:0468 219 139