THODA
ActiveSummary
THODA has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €160,226 and a net result of €71,774. Its solvency ranks better than 80% of 11,772 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 05-07-2023 Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyors NACE 71121and 2 others
- Establishment unit
- 2.347.344.174 9031 Gent, since 05-07-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 26-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €90,825
- ▼ 15.1%
- Turnover
- ≈ €190,000
- estimated
- Profit
- €71,774
- ▼ 14.0%
- Equity
- €160,226
- ▲ 81.1%
- Total assets
- €199,635
- ▲ 56.8%
Score breakdownraises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 5.00, cash €180,432Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Equity €160,226 (80.3% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 71, micro). It does better than 87% of them on solvency, 87% on liquidity, 88% on profitability and 88% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 35 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 23-06-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is 15% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €4,546 | - |
| Depreciation and write-downs of the year | €534 | €909 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €534 | €909 | ▲ 70.2% |
| Other operating charges640/8 | €446 | €302 | ▼ 32.2% |
| Gross operating margin9900 | €106,971 | €90,825 | ▼ 15.1% |
| Operating profit (loss)9901 | €105,991 | €89,614 | ▼ 15.5% |
| Financial income75/76B | €219 | €1,062 | ▲ 385% |
| Recurring financial income75 | €219 | €1,062 | ▲ 385% |
| Financial charges65/66B | €181 | €46 | ▼ 74.6% |
| Recurring financial charges65 | €181 | €46 | ▼ 74.6% |
| Profit (loss) for the period before taxes9903 | €106,029 | €90,630 | ▼ 14.5% |
| Income taxes67/77 | €22,577 | €18,856 | ▼ 16.5% |
| Profit (loss) for the period9904 | €83,453 | €71,774 | ▼ 14.0% |
| Profit (loss) for the period to be appropriated9905 | €83,453 | €71,774 | ▼ 14.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €127,354 | €199,635 | ▲ 56.8% |
| Fixed assets21/28 | €4,012 | €3,103 | ▼ 22.7% |
| Tangible fixed assets22/27 | €4,012 | €3,103 | ▼ 22.7% |
| Furniture and vehicles24 | €4,012 | €3,103 | ▼ 22.7% |
| Current assets29/58 | €123,343 | €196,533 | ▲ 59.3% |
| Amounts receivable within one year40/41 | €14,242 | €15,006 | ▲ 5.4% |
| Trade receivables40 | €14,242 | €15,006 | ▲ 5.4% |
| Cash at bank and in hand54/58 | €108,337 | €180,432 | ▲ 66.5% |
| Deferred charges and accrued income490/1 | €763 | €1,095 | ▲ 43.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €127,354 | €199,635 | ▲ 56.8% |
| Equity10/15 | €88,453 | €160,226 | ▲ 81.1% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €83,453 | €155,226 | ▲ 86.0% |
| Distributable reserves133 | €83,453 | €155,226 | ▲ 86.0% |
| Amounts payable17/49 | €38,902 | €39,409 | ▲ 1.3% |
| Amounts payable within one year42/48 | €38,761 | €39,269 | ▲ 1.3% |
| Trade debts44 | €498 | €524 | ▲ 5.2% |
| Suppliers440/4 | €498 | €524 | ▲ 5.2% |
| Taxes, remuneration and social security45 | €30,888 | €27,520 | ▼ 10.9% |
| Taxes450/3 | €30,888 | €27,520 | ▼ 10.9% |
| Other amounts payable47/48 | €7,375 | €11,225 | ▲ 52.2% |
| Accrued charges and deferred income492/3 | €141 | €141 | = |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €83,453 | €71,774 | ▼ 14.0% |
| + Depreciation and write-downs630 | €534 | €909 | ▲ 70.2% |
| Operating cash flow (approximation) | €83,987 | €72,683 | ▼ 13.5% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €72,094 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as THODA has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of THODA itself is lower: < 0.1% within 12 months. It rests on far more data about THODA than the profile alone.
Test of the method
The method was tested on the 497,446 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.
| 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 39,278 companies, not a prediction for THODA. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- DAMEN Thomas Lucas Andreas 100 shares (100%) · €5,000
Capital transactions
- 07-07-2023 Incorporation · €5,000 · 100 shares
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, 1”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 07-07-2023 (in Dutch)
Network & group
THODA shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of THODA. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
09-05
Gazette deed
Registered office moved from Gent to DrongenNew seat: Sint-Aldegondestraat 7 te 9031 Drongen · Previous seat: Rijsenbergstraat 75 te 9000 Gent2 points ▸
- General meeting, 01-03-2025
- Registered-office move, Sint-Aldegondestraat 7 te 9031 Drongen
07-07
Gazette deed
IncorporationStarting capital €5,000 · Appointment: DAMEN Thomas Lucas Andreas (director) · Founder8 points ▸
- Founder, DAMEN Thomas Lucas Andreas
- Incorporation, 29-06-2023
- Founding capital, €5,000
- DAMEN Thomas Lucas Andreas holds 100 shares
- Registered office clause, “9000 Gent, Rijsenbergstraat 75” (deed in Dutch)
- Board rule, 1, “vergadering” (deed in Dutch)
- Director appointment, DAMEN Thomas Lucas Andreas (director (not named in the articles))
- Pre-incorporation commitments, “takeover, Alle verbintenissen en verplichtingen die eruit voortvloeien, en alle activiteiten ondernomen in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Rijsenbergstraat 75, 9000 Gent until the act of 09-05-2025
Activities
NACEBEL 2025Codes under NACEBEL 2008
4 activities
- Het uitvoeren van alle bouwwerken en voltooiingwerken, metsel- en betonwerken, bevloering, wandtegels, terrassen en opritten en alles wat onder algemene aanneming kan worden verstaan
- Onderneming van timmer- en schrijnwerk voor gebouwen
- Het optreden als bouwpromotor en het verrichten van alle daarmee gepaard gaande activiteiten, alsook het maken van projectstudies, vastgoedpromotie en projectmanagement, de coördinatie van bouwwerkzaamheden op werven, het leveren van alle commerciële en administratieve prestaties
- Consultancy en adviesverlening inzake management, bedrijfsvoering en inzake diverse technische aangelegenheden
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0803.629.261
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44017C0719/00N000 | Flanders | 718 m² | 1 · 192 m² | 7.7 m · 2 |