Financials
- Fiscal year
- 2025
- Total assets
- €61,910
- Loss
- -€14,896
- Solvency
- -20.8%
THMS CONSTRUCTION
ActiveSummary
The computed 12-month bankruptcy probability of THMS CONSTRUCTION is 3.4% (moderate). The 2025 annual accounts show negative equity (-€12,896) and a net result of -€14,896. Its solvency ranks better than 8% of 9010 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
General construction of residential buildings
NACE 41001General construction of buildings NACE 41201
1 site
Size
€61,910total assets 2025
- Equity
- -€12,896
- Loss
- -€14,896
Turnover not published (abridged schema)
Structure
Accounts 28 d early0 of 1 deed read
Why 47- Sector Construction of residential and non-residential buildings (NACE 41)- Founded in 2024- Negative equity -€12,896+ Liquidity: current ratio 0.27, cash €14,056Show the evidence
Checked score
Score 2025
47
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 12% of its sector peers (NACE 41, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency
4
equity -20.8% of total assets
Liquidity
28
short-term debt 120.8% · cash 22.7%
Profitability
0
return on assets -24.1%
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2025: 3.6%
01-2026: 3.7%▲ +2.3% vs 12-2025
02-2026: 3.7%▲ +1.8% vs 01-2026
03-2026: 4.2%▲ +11.5% vs 02-2026
04-2026: 4.2%▲ +0.4% vs 03-2026
05-2026: 4.5%▲ +8.7% vs 04-2026
06-2026: 5.0%▲ +9.1% vs 05-2026highest value
07-2026: 4.9%▼ -0.5% vs 06-2026
08-2026: 3.4%▼ -30.8% vs 07-2026
09-2026: 3.4%▼ -1.1% vs 08-2026lowest value
10-2026: 3.4%▲ +2.1% vs 09-2026
- Sector Construction of residential and non-residential buildings (NACE 41) raises the probability
- Founded in 2024 raises the probability for this profile
- Negative equity -€12,896 raises the probability
- Liquidity: current ratio 0.27, cash €14,056 lowers the probability
No credit on open account
Liquidity short (current ratio 0.27; short-term debt: 120.8% and cash: 22.7% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, micro). Better than this share of them on solvency 7%, liquidity 23%, profitability 5%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 03-07-2026, 28 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
28 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
- Annual accounts filedfiscal year 2025 · micro…
Key points
By topic
Timeline
- Events
- 1
- Since
- 2026
- 03-07-2026Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General construction of residential buildingsNACE 41001
- Founded
- 07-11-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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