Skip to content

THO-CONSTRUCT

Active Private limited companyfounded 2006active for 20 yearsSteenmolenbeekwegel 2, 8600 DiksmuideKBO/BCE: BE 0880.050.118 #9 company by total assets in Diksmuide, Real estate sector
THO-CONSTRUCT
Follow ReportCompare

Overview

Lifetime

19 annual accounts with figures on one time axis
peak €194,322 (2023)
€112,226▲ 7.3%
lowest -€187,584 (2025)
-€187,584▼ €242,536
peak €537,054 (2024)
€349,471▼ 34.9%
€2.1m▲ 535%
Board1 name since 2006
1 directorThomas WAUTERS
Documentsfilings and deeds
31-01-2026on the last day
2025micro format
Loss of €187,584Equity from €537,054 to €349,471Debts from €330,705 to €2.1mInvestments €2.0mCash from €79,363 to €52,137

Key points

from the 2025 annual accounts

Result

-€187,584 -€187,584
€55,0002024-€188,0002025

From profit to loss in 2025, after a profit of €54,952 in 2024.

Turnover

≈ €200,000 estimated

The micro format states no turnover.

Debts

€2.1m 86% of the balance sheet
Financial debts 67%Suppliers 0%Taxes and wages 0%Other 33%

Of this, €1.4m falls due within a year.

Investments

€2.0m 8.2 × depreciation
2022202320242025

Green is investment, beige is depreciation. Land and buildings stand 313.8% higher than in 2024.

Liquidity

0.06 was 1.86 in 2024

Short-term debts rose from €159,099 to €1.4m.

Position in the sector

-€187,584

Lower net result than 95% of companies in real estate. Sector median €5,997 · 17,176 companies.

Checked score

85
Excellent
Financially stronger than 21% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: 0.1%▲ +0.1 percentage points vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.3%▲ +0.2 percentage points vs 01-2026highest value 03-2026: 0.2%▼ -0.1 percentage points vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Weak

39-48equity 14.3% of total assets
24-32short-term debt 56.4% · cash 2.1%
29-48return on assets -7.7%

Score breakdown

raises risk
Loss of €187,584 (financial year 2025)
Equity €349,471 (14.3% of total assets)
lowers risk
Size: total assets €2.4m
Figures for financial year 2025 (filed on 09-02-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 34% of them on solvency, 18% on liquidity, 21% on profitability and 11% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 2,507 companies had the same profile as THO-CONSTRUCT has now. Each dot stands for 7 companies, two years later.

96.4%
were still trading
1.8%
stopped another way
1.6%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of THO-CONSTRUCT itself is lower: 0.2% within 12 months. It rests on far more data about THO-CONSTRUCT than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,507 companies, not a prediction for THO-CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €25,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.06 (1.86 in 2024), below 1. Short-term debt is 56.4% and cash 2.1% of total assets. 85.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €2.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €187,584 (financial year 2025)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 09-02-2026)
NBB · annual accounts
raises risk · Equity €349,471 (14.3% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
3 days early
2023
1 day early
2022
5 days early
2021
on the day
2020
28 days late
2019
25 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 6 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end08-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

TW
Thomas WAUTERS
Director, since 14-03-2006
Board & ownership

Recent changes

New director Thomas WAUTERS appointed, Thomas WAUTERS resigned · “nieuw voorwerp” (deed in Dutch) · General meeting of 06-03-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0880050118
First establishment Steenmolenbeekwegel 2, Diksmuide
Incorporation published on 29-03-2006 · Gazette deed
All 31 events

Comparable companies

same main activity, similar in size and age
Company
THO-CONSTRUCT Diksmuide €2.4m €112,226 14.3% -
KC MANAGEMENT Roosdaal €2.3m €103,700 50.2% -
DIEST INVEST Diest €2.1m €116,525 78.9% -
ARTDELIS Liège €2.0m €97,568 14.0% -
HEYOKA Diksmuide €2.0m €158,847 96.2% -
ROKERSHOEK Wingene €1.9m €131,482 94.4% -
IMMO TIPA Bruges €2.8m €95,709 76.6% -

These companies have the same main activity as THO-CONSTRUCT: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €1.9m and €2.8m, founded between 2000 and 2008.

Official details

Source: KBO
Status
Active since 16-03-2006Normal situation
Activity
Real estate agency activitiesNACE 68310and 1 other
Establishment unit
2.153.037.2398600 Diksmuide, since 21-04-2006
Financial year end
30 June
Peppol
Reachable since 26-12-2025
Company details

Annual accounts to 30-06-2025

€112,226▲ 7.3%
€187,584
€349,471▼ 34.9%
€2.4m▲ 182%
Filing
Filed on 31-01-2026, on the last day of the filing period
Financials

Insights on THO-CONSTRUCT

THO-CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €80,365 in 2007 to €112,226 in 2025.

The balance sheet grew most in 2025 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 31-01-2026, on the day of the deadline
€112,226
▲ 7.3%
-€142,159
▼ €220,321
€107,233
▲ 6.1%
€61,809
▼ 20.6%
14.3%
▼ 47.6 percentage points
0.06
▼ 1.80

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €200,000. Estimated: probably between €160,000 and €300,000.

In the rankings #9 company by total assets in Diksmuide, Real estate sector

Money flows

no detail for 2025

Balance sheet

balance sheet total €2.4m on 30-06-2025
What the company ownsHow it is paid for

in euro

in €m

Position in the sector

Compare with sector

14.3%

Higher than 37% of 17,185 companies in 2025.

0.06

Higher than 8% of 16,482 companies in 2025.

-7.7%

Higher than 12% of 16,861 companies in 2025.

THO-CONSTRUCT Middle half of the sector 80% of the sector Micro accounts in real estate (NACE 68)

Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 2.4m867,759945,197847,210883,121929,491680,568602,308634,043550,482830,172840,156783,547799,953796,198796,129830,909691,233845,838
21/28 2.4m571,642589,457618,589642,510652,097399,158365,831376,589374,438387,816405,082365,757376,033388,749400,892413,285420,364430,264
22/27 2.4m571,642589,457618,589642,510652,097399,158365,831376,589374,438387,816405,082365,757376,033388,749400,892413,285420,364429,864
22 2.4m569,832584,932605,136625,340649,097366,340364,664368,009357,525363,906375,575362,981373,915384,848395,781406,714417,647428,580
23 4,0091,1521,5166001,2001,7992,4066891,2491,5471,6481,8182,7762,1181,7021,7401,9982,444909
24 1,2686593,00812,85315,9701,2002374787,33215,36622,26227,689--2,2003,3714,572274375
27 -----030,175------------
28 ------------------400
29/58 85,220296,117355,740228,621240,611277,394281,410236,477257,454176,044442,357435,074417,790423,920407,449395,237417,624270,869415,574
3 -------19,23541,23541,235244,942244,942244,942229,911229,911225,339208,26396,680126,446
30/36 -------19,23541,23541,235244,942244,942244,942229,911229,911225,339208,26396,680126,446
40/41 27,158211,04064,63729,47873,700154,547107,269106,987111,01257,439168,876172,329158,383143,288171,660168,033198,578126,355115,070
40 27,091210,97246,55829,41031,02453,32974,51349,27654,88798716,36938,46323,44215,14545,41043,64678,62010,89070
41 676718,0796742,677101,21732,75657,71156,12556,452152,507133,867134,941128,144126,250124,387119,957115,465115,000
54/58 52,13779,363288,937173,934160,748115,101168,124109,446104,41160,88226,53015,82312,51548,7993,985--42,468174,057
490/1 5,9245,7142,16725,2106,1637,7466,01780979616,4882,0101,9801,9511,9221,8941,86610,7845,365-
Balance sheet: equity and liabilities
10/49 2.4m867,759945,197847,210883,121929,491680,568602,308634,043550,482830,172840,156783,547799,953796,198796,129830,909691,233845,838
10/15 349,471537,054482,102448,669354,091384,213371,286277,630239,578162,051143,22292,73063,36248,71231,86329,84222,62334,24424,553
10/11 18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60016,00016,00016,00016,00013,00013,00013,000
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ------------2,6002,6002,6002,6005,6005,6005,600
13 462,650462,650462,650429,216334,639364,761351,833258,178220,125142,59852,3521,8601,8601,8601,8601,8601,8601,8601,860
130/1 1,86001,8601,8601,8601,860-------------
130 ------1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 1,86001,8601,8601,8601,860-------------
133 460,790462,650460,790427,356332,779362,901349,973256,318218,265140,73850,492--------
14 -131,77955,80485285285285285285285285272,27072,27045,50230,85214,00311,9827,76319,3849,693
17/49 2.1m330,705463,094398,541529,030545,278309,282324,678394,466388,431686,950747,425720,186751,241764,336766,287808,286656,989821,285
17 695,921169,492229,417288,350346,323403,344166,979192,876218,250243,112505,196540,938573,642605,143635,488369,883387,801405,047421,646
170/4 695,921169,492229,417288,350346,323403,344166,979192,876218,250243,112505,196540,938573,642605,143635,488369,883387,801405,047421,646
42/48 1.4m159,099232,433109,063181,870140,788140,626129,451173,748141,331171,481197,456138,905146,097127,883393,876414,478248,876394,567
42 96,25059,92558,93457,97257,02156,08625,89725,37424,86224,36035,74232,70331,50230,34529,23020,83818,65316,59915,977
43 700,000--------------294,391299,587147,503300,000
430/8 700,000--------------294,391299,587147,503300,000
44 8,45830,48822,0165,75617,6333,38821,9965,0101,1054,8064,17218,09512,24520,86710,40418,72356,66255,87217,269
440/4 8,45830,48822,0165,75617,6333,38821,9965,0101,1054,8064,17218,09512,24520,86710,40418,72356,66255,87217,269
46 ------------------17,000
45 10,36327,92873,95638,26116,97030,82287,11237,14875,58327,27241,76519,09924,34213,4908,2701,6177,8498,25840,551
450/3 10,36327,92873,95638,26116,97028,21287,11237,14875,58327,27241,76519,09924,34211,4907,2971,6176,8757,27638,257
454/9 -----2,610-------2,000973-9749822,295
47/48 566,13340,75977,5277,07490,24650,4925,62161,91872,19784,89389,802127,55970,81681,39679,98058,30731,72620,6433,770
492/3 21,7382,1131,2451,1288371,1471,6772,3512,4683,98810,2739,0327,639-9642,5286,0083,0665,072
Income statement
70 -------------153,618110,52375,678158,183274,936336,484
76A ------2,1094,130-----------
9900 112,226104,576194,322171,689117,839171,338169,623122,865171,91991,735131,361116,30561,54876,70674,34539,41433,40750,80880,365
60/61 -------------76,91236,17836,263124,777224,128256,119
62 -------4,7768,251----------
630 249,39222,91924,25826,19727,49473,19914,32713,99821,51320,64220,08719,54912,00311,69412,47212,39312,58011,55923,697
631/4 ------4,10122,000-----------
640/8 4,9933,4953,1803,0693,0162,995-5,7353,4846,0954,6533,6942,7092,59214,5054,2771,9741,2456,577
66A -----2434,2431,552-----2,636-----
9901 -142,15978,162166,884142,42387,32994,901146,95374,804138,67264,998106,62193,06346,83662,42047,36822,74518,85338,00450,091
75/76B 3148889691,3105,0734,7194648568018312,0361,9801,9751,9321,9411,8854,8794,756182
75 3148889691,3105,0734,7194648568018312,0361,9801,9751,9321,9411,8854,8794,756182
65/66B 45,3567,5327,3646,3967,3147,7205,3468,0357,89623,93925,08226,02326,08323,86846,85220,41135,35226,10131,248
65 45,3567,5327,3646,3967,3147,7205,3468,0357,89623,93925,08226,02326,08323,86846,85220,41135,35226,10131,248
9903 -187,20171,519160,489137,33785,08991,899142,07167,625131,57741,89183,57469,02022,72837,8472,4564,219-11,62116,65819,025
67/77 38316,56749,52842,76024,96428,48048,41629,57354,05023,06233,08212,2518,0798,498435--03,9674,472
9904 -187,58454,952110,96194,57760,12563,41993,65638,05277,52718,82950,49256,76814,65029,3502,0214,219-11,62112,69114,553
9905 -187,58454,952110,96194,57760,12563,41993,65638,05277,52718,82950,49256,76814,65029,3502,0214,219-11,62112,69114,553
Appropriation of the result
9906 -131,77955,804111,81395,43060,97764,27194,50838,90578,37991,099122,762102,27045,50243,35214,00311,9827,76322,38414,553
14P 55,804852852852---------------
791/2 -077,527-90,24650,492-------------
691/2 -0110,96194,57760,12563,41993,65638,05277,52790,24650,492-------1,860
6920 ------------------1,860
6921 -0110,96194,57760,12563,41993,65638,05277,52790,24650,492--------
694/7 -077,527-90,24650,492-----30,000-12,500---3,0003,000
694 -077,527-90,24650,492-------------
695 -----------30,000-12,500---3,0003,000
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 31-01-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-06-2025 micro format 31-01-2026 2026-00035744 PDF
30-06-2024 micro format 28-01-2025 2025-00026763 PDF
30-06-2023 micro format 30-01-2024 2024-00026904 PDF
30-06-2022 micro format 26-01-2023 2023-00006741 PDF
30-06-2021 micro format 31-01-2022 2022-04900277 PDF
30-06-2020 micro format 28-02-2021 2021-06600303 PDF
30-06-2019 micro format 25-02-2020 2020-05600546 PDF
30-06-2018 micro format 26-02-2019 2019-05900393 PDF
30-06-2017 micro format 31-01-2018 2018-03100412 PDF
30-06-2016 abbreviated format 13-01-2017 2017-01000303 PDF
30-06-2015 abbreviated format 14-01-2016 2016-01200042 PDF
30-06-2014 abbreviated format 23-12-2014 2014-70000359 PDF
30-06-2013 abbreviated format 26-02-2014 2014-04800568 PDF
30-06-2012 abbreviated format 28-02-2013 2013-05700368 PDF
30-06-2011 abbreviated format 29-02-2012 2012-05200378 PDF
30-06-2010 abbreviated format 26-02-2011 2011-04900022 PDF
30-06-2009 abbreviated format 27-02-2010 2010-05900296 PDF
30-06-2008 abbreviated format 24-02-2009 2009-06200171 PDF
30-06-2007 abbreviated format 28-02-2008 2008-05900106 PDF

Subsidies and aid

Flemish government 2025, 1 entry, €5,052 awarded, €5,052 paid

Individueel Maatwerk
€5,052

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013201220112010200920082007
107,233101,081191,143168,620114,823168,099161,28088,801160,18485,641126,708112,61158,83974,11459,84035,13731,43249,56373,788
61,80977,871135,219120,77487,619136,618107,98352,05099,03939,47170,57976,31726,65341,04314,49316,61195924,25038,250
2.0m5,1041,8232,27517,907326,38148,11411,81423,6647,2652,82158,8731,7281,17733005,5002,059465,914
-27,225-209,574115,00313,18645,646-53,02358,6795,03543,52934,35210,7073,308-36,28444,814----131,589-
-1.3m137,017123,307119,55858,741136,606140,784107,02683,70734,713270,876237,618278,885277,823279,5661,3613,14721,99321,007
-------------40.6%42.9%30.1%11.9%13.8%14.9%
14.3%61.9%51.0%53.0%40.1%41.3%54.6%46.1%37.8%29.4%17.3%11.0%8.1%6.1%4.0%3.7%2.7%5.0%2.9%
0.061.861.532.101.321.972.001.831.481.252.582.203.012.903.191.001.011.091.05
0.061.861.532.101.321.972.001.681.240.951.150.961.241.331.390.430.510.700.73
6.010.620.960.891.491.420.831.171.652.404.808.0611.3715.4223.9925.6835.7319.1933.45
-53.7%10.2%23.0%21.1%17.0%16.5%25.2%13.7%32.4%11.6%35.3%61.2%23.1%60.3%6.3%14.1%-51.4%37.1%59.3%
-7.7%6.3%11.7%11.2%6.8%6.8%13.8%6.3%12.2%3.4%6.1%6.8%1.9%3.7%0.3%0.5%-1.4%1.8%1.7%
2.3613.4225.9626.36---------------
-------------36 days150 days211 days181 days14 days0 days
-------------99 days105 days188 days166 days91 days25 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Securities and guarantees

on own assets and for others
Item30-06-202530-06-202430-06-202330-06-2022
Mortgages, amount registered€105,500€78,000--
€1.0m€1.0m--
Carrying value of the mortgaged assets€2.4m€569,832--

Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item30-06-202530-06-202430-06-202330-06-2022
Tangible fixed assets€2.0m€5,104€1,823€2,275
€249,392€22,919€24,258€26,197

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Insights on THO-CONSTRUCT

The operating result for 2025 is a loss of €142,159, after a profit of €78,162 in 2024. It is the lowest result since 2007.

Debt's share of the balance-sheet total rises from 38.1% to 85.7%. Equity is lower and debt is higher.

Board & ownership

Board

1 director, no change since March 2026
Thomas WAUTERS
Director (not named in the articles)
since 14-03-2006 term without a fixed end
earlier director, until 12-03-2026
listed in the 2025 annual accounts, filed on 31-01-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
Thomas WAUTERS
Director (not named in the articles)
BoardEarliermandate already running before its first mention
Mandates as a list
  • Thomas WAUTERS
    • Director (not named in the articles), from 14-03-2006 to date
    • Director, until 12-03-2026

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€18,600
Source
deed of 12-03-2026

Articles of association

deed of 12-03-2026 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
“Onbezoldigd tenzij de algemene vergadering anders beslist”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of December at 20:00

Network & group

No group

THO-CONSTRUCT has no parent and no holdings in its annual accounts. Thomas WAUTERS is the only director. THO-CONSTRUCT shares no director with another company.

Timeline

Timeline

31 events since 2006

Deadline for the 2026 accounts: 31-01-2027

2026
New directorThomas WAUTERS appointed, Thomas WAUTERS resigned · “nieuw voorwerp” (deed in Dutch) · General meeting of 06-03-20266 points ▸
  • General meeting, 06-03-2026
  • Purpose change, “nieuw voorwerp” (deed in Dutch)
  • Amendment of the articles, article 3
  • Director resignation, Thomas WAUTERS
  • Director appointment, Thomas WAUTERS (director (not named in the articles))
  • Registered office clause, Steenmolenbeekwegel 2, 8600 Diksmuide
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2025 filed PDFmicro format · on the deadline day
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0880050118
Weakest financial year net -€187,584 The net result drops to -€187,584, the lowest from 2007 to 2025.
Annual accounts 2024 filed PDFmicro format · 3 days before the deadline
2024
Equity above €500,000 equity €537,054 ▲11.4% After 15 profitable years in a row, equity reaches €537,054.
Annual accounts 2023 filed PDFmicro format · 1 day before the deadline
2023
Highest result from 2007 to 2025 net €110,961 ▲17.3% The operating result of €166,884 and the net result of €110,961 are both a record.
Annual accounts 2022 filed PDFmicro format · 5 days before the deadline
2022
Annual accounts 2021 filed PDFmicro format · on the deadline day
2021
Annual accounts 2020 filed PDFmicro format · 28 days late
2020
Annual accounts 2019 filed PDFmicro format · 25 days late
2019
Annual accounts 2018 filed PDFmicro format · 26 days late
2018
Annual accounts 2017 filed PDFmicro format · on the deadline day
2017
Equity above €200,000 equity €239,578 ▲47.8% After 8 profitable years in a row, equity reaches €239,578.
Annual accounts 2016 filed PDFabbreviated format · 18 days before the deadline
2016
Equity above €150,000 equity €162,051 ▲13.1% After 7 profitable years in a row, equity reaches €162,051.
Annual accounts 2015 filed PDFabbreviated format · 17 days before the deadline
2015
Equity above €100,000 equity €143,222 ▲54.5% After 6 profitable years in a row, equity reaches €143,222.
2014
Annual accounts 2014 filed PDFabbreviated format · 39 days before the deadline
Annual accounts 2013 filed PDFabbreviated format · 26 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 28 days late
2012
Annual accounts 2011 filed PDFabbreviated format · 29 days late
2011
Liquidity more than triples current ratio 3.19 The current ratio rises from 1.00 to 3.19. Short-term debt falls from €393,876 to €127,883.
Annual accounts 2010 filed PDFabbreviated format · 26 days late
2010
Back to profit net €4,219 The net result is €4,219, after one loss-making year.
Annual accounts 2009 filed PDFabbreviated format · 27 days late
2009
Annual accounts 2008 filed PDFabbreviated format · 24 days late
2008
Annual accounts 2007 filed PDFabbreviated format · 28 days late
2006
First establishment Steenmolenbeekwegel 2, Diksmuide
Incorporation PDFpublished on 29-03-2006

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

THO-CONSTRUCT was incorporated on 16 March 2006.1 Since 2006, Thomas WAUTERS has served as director.2 Total assets rose from €680,568 in 2019 to €2.4m in 2025.3

  1. 1KBO register
  2. 2National Bank, annual accounts 2025
  3. 3National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0880.050.118
VAT number
BE 0880.050.118
Peppol ID
0208:0880050118
Other Peppol ID
9925:BE0880050118
Legal form
Private limited company
Status
Active, normal situation
Founded
16-03-2006
Financial year
ends on 30 June
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of December at 20:00
deed of 12-03-2026 (in Dutch)
Peppol
Reachable since 26-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
THO-CONSTRUCT in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 12-03-2026 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 12-03-2026 (in Dutch)

Activities

NACEBEL 2025
68310 Real estate agency activities main activity
68201 Renting and operating of own or leased residential real estate, excluding social housing
Codes under NACEBEL 2008
68311 Real estate activities main activity
68201 Real estate activities
Codes under NACEBEL 2003
70311 main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het verlenen van informatie, adviezen en bijstand inzake immobiliën, en dit zowel op economisch vlak als juridisch vlak; Alle verrichtingen…”
11 activities
  1. Het verlenen van informatie, adviezen en bijstand inzake immobiliën, en dit zowel op economisch vlak als juridisch vlak
  2. Alle verrichtingen betreffende onroerende goederen, ondermeer aanen verkoop, valorisatie, beheer, huur en verhuur, leasen en bouwonderneming
  3. Projectontwikkeling
  4. Makelaar inzake onroerend goed, syndicus en andere activiteiten die vallen onder het beroep van vastgoedmakelaar
  5. Het uitbaten van vakantiewoningen en Bed & Breakfast
  6. Algemeen beheer en management van vennootschappen; het waarnemen van alle bestuurders- en zaakvoerdersmandaten, het uitoefenen van opdrachten en functies die rechtstreeks of onrechtstreeks met het voorwerp verband houden
  7. Het waarnemen van alle bestuursopdrachten en opdrachten van vereffenaars, het uitoefenen van opdrachten en functies
  8. Alle daden van beheer en management van industriële en handelsvennootschappen zowel bij wijze van managementadvies als door rechtstreekse deelname aan het bestuur, het uitvoeren van bepaalde opdrachten in uitvoering van managementcontracten, zonder dat deze opsomming beperkend is
  9. Het verlenen van adviezen van financiële, technische, economische, commerciële of administratieve aard; in de ruimste zin, met uitzondering van adviesverschaffing inzake belegging en geldplaatsingen, bijstand en diensten verlenen, rechtstreeks of onrechtstreeks, op het vlak van administratie en financiën, verkoop, productie en algemeen bestuur, het verlenen van alle dienstprestaties en het uitvoeren van alle opdrachten onder de vorm van organisatiestudies, expertises, informatica, technische handelingen en raadgevingen of andere eender op welk vlak binnen het voorwerp
  10. Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen, het stimuleren, de planning, de coördinatie, de ontwikkeling van en de investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt
  11. Het optreden als tussenpersoon bij onderhandelingen voor gehele of gedeeltelijke overname van aandelen; in de meest ruime betekenis: het deelnemen aan emissieverrichtingen van aandelen en vastrentende waarden door intekening, waarborg, plaatsing, verhandeling, of anderszins, alsmede het verwezenlijken van om het even welke verrichtingen inzake portefeuille- of kapitaalsbestuur
deed of 12-03-2026 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Steenmolenbeekwegel 2 registered office 8600 Diksmuide 42990 Civil engineering 21-04-2006 2.153.037.239

Buildings and parcels at the address

Ground area
1,025 m²
Buildings
190 m²
Volume, LiDAR
1,070 m³
Tallest building
8.5 m
Buildings to scale, each on its own parcel
190 m², 8.5 m 190 m², 8.5 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
32026A0424/00C0001,025 m² 1 · 190 m² 8.5 m · 2

Contact

Phone +32 51 51 11 37 establishment in Diksmuide

We would like to set cookies. That happens only with your consent. What we measure