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THODA

Active
Private limited companyfounded 20233 yrs activeSint-Aldegondestraat 7, 9031 Gent, BelgiumKBO/BCE: BE 0803.629.261
Summary

THODA has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €88,453 and a net result of €83,453. Its solvency ranks better than 65% of 11620 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
Axes
Profitability100
Solvency94
Growth-
Track record79
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 3.18; short-term debt: 30.4% and cash: 85.1% of total assets), and 30.5% of the assets are financed with debt.
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Signals

Three 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 31 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

THODA was incorporated on 5 July 2023 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€88,453
Total assets
€127,354
Net result
€83,453
Working capital
€84,581

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €127,354
Fixed assets €4,012
Current assets €123,343
Equity and liabilities €127,354
Equity €88,453
Debt €38,902
Debt finances 30.5% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€106,525
Cash flow
€83,987
Current ratio
3.18
Debt to equity
0.44
ROE
94.3%
ROA
65.5%
Interest coverage
589.81
Debt ≤ 1 year
€38,761
Income taxes
€22,577

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 37 lines
Balance sheet Code2024
Assets
Total assets20/58€127,354
Fixed assets21/28€4,012
Tangible fixed assets22/27€4,012
Furniture and vehicles24€4,012
Current assets29/58€123,343
Amounts receivable within one year40/41€14,242
Trade receivables40€14,242
Cash at bank and in hand54/58€108,337
Deferred charges and accrued income490/1€763
Equity and liabilities
Total equity and liabilities10/49€127,354
Equity10/15€88,453
Contributions10/11€5,000
Reserves13€83,453
Distributable reserves133€83,453
Amounts payable17/49€38,902
Amounts payable within one year42/48€38,761
Trade debts44€498
Suppliers440/4€498
Taxes, remuneration and social security45€30,888
Taxes450/3€30,888
Other amounts payable47/48€7,375
Accrued charges and deferred income492/3€141
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€534
Other operating charges640/8€446
Gross operating margin9900€106,971
Operating profit (loss)9901€105,991
Financial income75/76B€219
Recurring financial income75€219
Financial charges65/66B€181
Recurring financial charges65€181
Profit (loss) for the period before taxes9903€106,029
Income taxes67/77€22,577
Profit (loss) for the period9904€83,453
Profit (loss) for the period to be appropriated9905€83,453
Appropriation of the result
Profit (loss) to be appropriated9906€83,453
Transfer to equity691/2€83,453
To other reserves6921€83,453

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€534
Other operating charges640/8€446
Gross operating margin9900€106,971
Operating profit (loss)9901€105,991
Financial income75/76B€219
Recurring financial income75€219
Financial charges65/66B€181
Recurring financial charges65€181
Profit (loss) for the period before taxes9903€106,029
Income taxes67/77€22,577
Profit (loss) for the period9904€83,453
Profit (loss) for the period to be appropriated9905€83,453
Line2024
Assets
Total assets20/58€127,354
Fixed assets21/28€4,012
Tangible fixed assets22/27€4,012
Furniture and vehicles24€4,012
Current assets29/58€123,343
Amounts receivable within one year40/41€14,242
Trade receivables40€14,242
Cash at bank and in hand54/58€108,337
Deferred charges and accrued income490/1€763
Equity and liabilities
Total equity and liabilities10/49€127,354
Equity10/15€88,453
Contributions10/11€5,000
Reserves13€83,453
Distributable reserves133€83,453
Amounts payable17/49€38,902
Amounts payable within one year42/48€38,761
Trade debts44€498
Suppliers440/4€498
Taxes, remuneration and social security45€30,888
Taxes450/3€30,888
Other amounts payable47/48€7,375
Accrued charges and deferred income492/3€141
Line2024
Profit (loss) for the period9904€83,453
+ Depreciation and write-downs630€534
Operating cash flow (approximation)€83,987

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Gent · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
718 m²
Building footprint
192 m²
Volume, LiDAR
943 m³
Parcel 44017C0719/00N000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
THODA
Sint-Aldegondestraat 7, 9031 GentGeneral construction of buildings
since 20232.347.344.174
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44017C0719/00N000 Flanders 718 m² 1 · 192 m² 7.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 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

Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 5,204 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded05-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
41001General construction of residential buildings
74999Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803629261
Also 9925:BE0803629261
Registered 26-01-2026

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.