Thodum
ActiveThodum has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €62k and a net result of €41k. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 54% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+8
Solvency87▼-2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.71 against 2.88 in 2023; short-term debt: 31.5% and cash: 38.4% of total assets), and 38.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
22 d early
2022
42 d early
2021
40 d early
2020
40 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€62k▲ 52.2%
2023 · €41k
2020: €23k
2021: €45k
2022: €46k
2023: €41k
2020 → 2024
Total assets
€100k▲ 57.0%
2023 · €64k
2020: €52k
2021: €75k
2022: €71k
2023: €64k
2020 → 2024
Net result
€41k▲ 251%
2023 · €12k
2020: €18k
2021: €23k
2022: €787
2023: €12k
2020 → 2024
Working capital
€54k▲ 116%
2023 · €25k
2020: €17k
2021: €36k
2022: €33k
2023: €25k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€23k-€45k▲ 101%€46k▲ 1.7%€41k▼ 11.9%€62k▲ 52.2%
Operating result€26k-€31k▲ 20.2%€3k▼ 90.5%€19k▲ 532%€48k▲ 156%
Net result€18k-€23k▲ 29.0%€787▼ 96.5%€12k▲ 1,395%€41k▲ 251%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 156% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €100k
Fixed assets
€15k▼ 42.6%
Current assets
€85k▲ 124%
Equity and liabilities €100k
Equity
€62k▲ 52.2%
Debt
€38k▲ 65.4%
The debt ratio rises from 36.2% to 38.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€49k▲
2023 · €19k
Cash flow
€42k▲
2023 · €12k
Solvency
61.9%▼
2023 · 63.8%
Current ratio
2.71▼
2023 · 2.88
Quick ratio
2.71▼
2023 · 2.88
Debt / equity
0.62▲
2023 · 0.57
ROE
66.6%▲
2023 · 28.9%
ROA
41.2%▲
2023 · 18.4%
Interest coverage
33.23▲
2023 · 11.04
Debt
€38k▲
2023 · €23k
Debt ≤ 1 year
€32k▲
2023 · €13k
Debt > 1 year
€7k▼
2023 · €10k
Income taxes
€5k▲
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€64k€100k▲
Fixed assets21/28€26k€15k▼
Tangible fixed assets22/27€651€716▲
Plant, machinery and equipment23€161€410▲
Furniture and vehicles24€490€306▼
Financial fixed assets28€25k€14k▼
Current assets29/58€38k€85k▲
Amounts receivable within one year40/41€11k€46k▲
Trade receivables40€11k€11k▲
Other amounts receivable41-€35k
Cash at bank and in hand54/58€27k€38k▲
Deferred charges and accrued income490/1€628€896▲
Equity and liabilities
Total equity and liabilities10/49€64k€100k▲
Equity10/15€41k€62k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€36k€57k▲
Amounts payable17/49€23k€38k▲
Amounts payable after more than one year17€10k€7k▼
Financial debts170/4€10k€7k▼
Amounts payable within one year42/48€13k€32k▲
Current portion of amounts payable after more than one year42€3k€3k▲
Trade debts44€452€351▼
Suppliers440/4€452€351▼
Taxes, remuneration and social security45€7k€6k▼
Taxes450/3€7k€6k▼
Other amounts payable47/48€3k€22k▲
Income statement
Code20232024
Non-recurring operating income76A-€22k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€398€380▼
Other operating charges640/8€817€1k▲
Gross operating margin9900€20k€50k▲
Operating profit (loss)9901€19k€48k▲
Financial income75/76B€5-
Recurring financial income75€5-
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€17k€47k▲
Income taxes67/77€5k€5k▲
Profit (loss) for the period9904€12k€41k▲
Profit (loss) for the period to be appropriated9905€12k€41k▲
Appropriation of the result
Profit (loss) to be appropriated9906€53k€77k▲
Profit (loss) brought forward from the previous period14P€41k€36k▼
Profit to be distributed694/7€17k€20k▲
Return on contributions (dividend)694€17k€20k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Highest result since 2020net €41k ▲251%
Operating result €48k, net result €41k, both a record.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €787 ▼96.5%
Net result drops to €787, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brugge · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Geerwijnstraat 18000 BruggeGround area
293 m²
Building footprint
98 m²
Volume, LiDAR
972 m³
Parcel 31804D0677/00A000, Flanders · tallest building 16.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Thodum
since 20192.297.386.602
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31804D0677/00A000 | Flanders | 293 m² | 1 · 98 m² | 16.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 968 EUR awarded · 968 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 968 EUR | 968 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 5,700 companies in sector 70100 we hold annual accounts for 3,494. 2,125 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-2019
Fiscal year end31-12
Activities, NACEBEL
70100Activities of head offices
85520Cultural education
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.