Result
From profit to loss in 2025, after a profit of €2,900 in 2024.
From profit to loss in 2025, after a profit of €2,900 in 2024.
Green is investment, beige is depreciation.
Lower net result than 95% of companies in financial services. Sector median €32,853 · 9,773 companies.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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.
The company filed its last 7 accounts on average 40 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| THODES Oostkamp | €669,149 | €35,931 | 65.4% | - |
| MATILO Oostrozebeke | €723,043 | €32,923 | -40.3% | - |
| B-Advice Kortrijk | €573,934 | €35,233 | 97.1% | - |
| DUPO Ostend | €600,000 | €35,598 | 57.3% | - |
| YOUNGER FIELDS Lievegem | €684,294 | €39,359 | 23.1% | - |
| SVD PHARMA Beveren-Kruibeke-Zwijndrecht | €682,392 | €37,619 | 53.8% | - |
| MAPA IMMO Affligem | €670,045 | €39,599 | 26.9% | - |
These companies have the same main activity as THODES: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €574,000 and €723,000, founded between 2014 and 2016.
THODES files the micro format. That format states no turnover. The gross margin fell from €65,690 in 2017 to €35,931 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Higher than 62% of 9,771 companies in 2025.
Lower than 95% of 9,625 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
669,149 | 840,993 | 888,529 | 1.0m | 830,678 | 542,585 | 480,453 | 335,052 | 297,386 | |
21/28 |
605,555 | 705,383 | 728,049 | 734,322 | 494,343 | 441,075 | 348,007 | 248,644 | 271,428 | |
22/27 |
21,544 | 31,228 | 34,890 | 39,797 | 1,326 | 4,805 | 12,511 | 22,821 | 34,031 | |
24 |
21,544 | 9,182 | 4,962 | 1,988 | 1,326 | 4,805 | 12,511 | 22,821 | 34,031 | |
25 |
- | 22,046 | 29,928 | 37,809 | - | - | - | - | - | |
28 |
584,011 | 674,154 | 693,159 | 694,525 | 493,018 | 436,270 | 335,496 | 225,824 | 237,397 | |
29/58 |
63,594 | 135,611 | 160,480 | 288,487 | 336,335 | 101,510 | 132,446 | 86,407 | 25,958 | |
29 |
- | 20,000 | 20,000 | - | - | - | - | - | - | |
291 |
- | 20,000 | 20,000 | - | - | - | - | - | - | |
40/41 |
54,224 | 85,185 | 39,682 | 31,147 | 32,095 | 5,500 | 8,486 | - | - | |
40 |
726 | 29,750 | 16,940 | 15,197 | 10,285 | - | 77 | - | - | |
41 |
53,498 | 55,435 | 22,742 | 15,950 | 21,810 | 5,500 | 8,409 | - | - | |
54/58 |
2,222 | 29,283 | 99,811 | 255,937 | 303,852 | 96,010 | 123,961 | 86,407 | 25,958 | |
490/1 |
7,148 | 1,142 | 987 | 1,403 | 388 | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
669,149 | 840,993 | 888,529 | 1.0m | 830,678 | 542,585 | 480,453 | 335,052 | 297,386 | |
10/15 |
437,784 | 577,325 | 574,426 | 724,787 | 706,543 | 421,765 | 429,735 | 273,972 | 78,127 | |
10/11 |
375,000 | 375,000 | 375,000 | 550,000 | 550,000 | 550,000 | 550,000 | 400,000 | 50,000 | |
100 |
- | - | - | - | - | - | 550,000 | 400,000 | 50,000 | |
13 |
202,325 | 202,325 | 199,426 | 174,787 | 156,543 | 23,127 | 28,127 | 28,127 | 28,127 | |
130 |
- | - | - | - | - | - | 5,000 | 5,000 | 5,000 | |
133 |
202,325 | 202,325 | 199,426 | 174,787 | 156,543 | 23,127 | 23,127 | 23,127 | 23,127 | |
14 |
-139,542 | - | - | - | - | -151,362 | -148,392 | -154,155 | - | |
17/49 |
231,365 | 263,668 | 314,103 | 298,022 | 124,135 | 120,820 | 50,719 | 61,079 | 219,259 | |
17 |
- | - | 6,555 | 15,013 | - | - | - | 1,592 | 7,918 | |
170/4 |
- | - | 6,555 | 15,013 | - | - | - | 1,592 | 7,918 | |
42/48 |
216,661 | 245,135 | 298,230 | 276,312 | 120,158 | 117,686 | 50,719 | 59,488 | 211,341 | |
42 |
- | 6,555 | 8,458 | 8,148 | - | - | 1,592 | 6,327 | 6,265 | |
44 |
4,970 | 18,064 | 1,675 | 4,392 | 3,808 | 2,107 | - | 15,576 | - | |
440/4 |
4,970 | 18,064 | 1,675 | 4,392 | 3,808 | 2,107 | - | 15,576 | - | |
45 |
8,177 | 8,669 | 37,772 | 12,141 | 4,960 | 5,007 | 3,015 | 4,127 | 19,215 | |
450/3 |
8,177 | 8,669 | 37,772 | 12,141 | 4,960 | 5,007 | 515 | 4,127 | 19,215 | |
454/9 |
- | - | - | - | - | - | 2,500 | - | - | |
47/48 |
203,514 | 211,847 | 250,325 | 251,631 | 111,390 | 110,572 | 46,111 | 33,457 | 185,861 | |
492/3 |
14,704 | 18,533 | 9,318 | 6,696 | 3,977 | 3,134 | - | - | - | |
| Income statement | ||||||||||
76A |
- | - | - | 8,597 | - | - | - | - | - | |
9900 |
35,931 | 61,778 | 246,018 | 46,629 | 32,339 | 8,462 | 17,727 | -11,399 | 65,690 | |
630 |
11,976 | 11,021 | 9,000 | 2,654 | 3,480 | 10,638 | 10,310 | 11,210 | 19,617 | |
640/8 |
1,957 | 2,254 | 1,726 | 4,875 | 2,182 | 1,678 | 890 | 722 | 1,279 | |
9901 |
21,998 | 48,504 | 235,291 | 39,101 | 26,677 | -3,854 | 6,527 | -23,331 | 44,794 | |
75/76B |
19 | 756 | 305 | 549 | 411,902 | 9 | 0 | - | - | |
75 |
19 | 756 | 305 | 549 | 411,902 | 9 | 0 | - | - | |
65/66B |
157,456 | 36,553 | 150,333 | 7,649 | 4,783 | 3,624 | 204 | 130,698 | 740 | |
65 |
157,456 | 36,553 | 150,333 | 7,649 | 4,783 | 3,624 | 204 | 699 | 740 | |
66B |
- | - | - | - | - | - | - | 129,999 | - | |
9903 |
-135,439 | 12,706 | 85,263 | 32,001 | 433,796 | -7,469 | 6,324 | -154,029 | 44,054 | |
67/77 |
4,103 | 9,807 | 60,624 | 13,756 | 125,891 | 500 | 561 | 126 | 15,927 | |
9904 |
-139,542 | 2,900 | 24,638 | 18,244 | 307,905 | -7,969 | 5,763 | -154,155 | 28,127 | |
9905 |
-139,542 | 2,900 | 24,638 | 18,244 | 307,905 | -7,969 | 5,763 | -154,155 | 28,127 | |
| Appropriation of the result | ||||||||||
9906 |
-139,542 | 2,900 | 24,638 | 18,244 | 156,543 | -156,362 | -148,392 | -154,155 | 28,127 | |
14P |
- | - | - | - | -151,362 | - | - | - | - | |
791/2 |
- | - | - | - | 23,127 | 5,000 | - | - | - | |
691/2 |
- | 2,900 | 24,638 | 18,244 | 156,543 | - | - | - | 28,127 | |
6920 |
- | - | - | - | - | - | - | - | 5,000 | |
6921 |
- | 2,900 | 24,638 | 18,244 | 156,543 | - | - | - | 23,127 | |
694/7 |
- | - | - | - | 23,127 | - | - | - | - | |
694 |
- | - | - | - | 23,127 | - | - | - | - | |
| Document | ||||||||||
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 20-05-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 20-05-2026 | 2026-00115326 | |
| 31-12-2024 | micro format | 04-06-2025 | 2025-00117735 | |
| 31-12-2023 | abbreviated format | 17-06-2024 | 2024-00133279 | |
| 31-12-2022 | abbreviated format | 26-06-2023 | 2023-00156207 | |
| 31-12-2021 | abbreviated format | 31-05-2022 | 2022-20037646 | |
| 31-12-2020 | abbreviated format | 23-07-2021 | 2021-38900355 | |
| 31-12-2019 | micro format | 30-07-2020 | 2020-37700144 | |
| 31-12-2018 | micro format | 28-08-2019 | 2019-52000266 | |
| 31-12-2017 | micro format | 26-07-2018 | 2018-37600048 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| 24,338 | 7,359 | 135,401 | 258,017 | 189,849 | 103,706 | 109,672 | 118,425 | 291,045 | ||
| -27,061 | -70,528 | -156,126 | -47,915 | 207,842 | -27,951 | 37,553 | 60,449 | - | ||
| 65.4% | 68.6% | 64.6% | 70.9% | 85.1% | 77.7% | 89.4% | 81.8% | 26.3% | ||
| -31.9% | 0.5% | 4.3% | 2.5% | 43.6% | -1.9% | 1.3% | -56.3% | 36.0% | ||
| -20.9% | 0.3% | 2.8% | 1.8% | 37.1% | -1.5% | 1.2% | -46.0% | 9.5% |
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €24,338 | €7,359 | €4,094 | €41,125 | - |
| Financial fixed assets | - | - | €131,307 | €216,892 | €189,849 |
| €11,976 | €11,021 | €9,000 | €2,654 | €3,480 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 55% lower than in 2024 and the lowest since 2020. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 31.4% to 34.6%. Equity and debt are lower.
THODES has no parent and no holdings in its annual accounts. DESIMPEL Thomas Luc Louis Maurits is the only director.
| STAK JMW Participaties
registered office since 11-09-2023 |
founded in 2023 0805.694.371 |
The connected companies are in the list below.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Beundreef 16 registered office 8020 Oostkamp 7010001 Activities of head offices | 18-03-2016 | 2.251.305.068 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31037B0097/00M000 | 4,366 m² | 1 · 360 m² | 8.6 m · 2 |
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