THOKAR
ActiveTHOKAR has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25k and a net result of €-12k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 38% of 11282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability2▼-54
Solvency52▼-6
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.48 in 2024; short-term debt: 73.1% and cash: 89.4% of total assets), and 73.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.9%
Return on assets
-13.1%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 18-12-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 d early
2024
11 d early
2023
26 d early
2022
7 d early
2021
7 d early
2020
9 d early
2019
18 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€25k▼ 32.8%
2024 · €37k
2019: €33k
2020: €36k
2021: €29k
2022: €31k
2023: €31k
2024: €37k
2019 → 2025
Total assets
€92k▼ 16.5%
2024 · €110k
2019: €109k
2020: €113k
2021: €103k
2022: €123k
2023: €109k
2024: €110k
2019 → 2025
Net result
€-12k
2024 · €5k
2019: €-3k
2020: €3k
2021: €-6k
2022: €2k
2023: €317
2024: €5k
2019 → 2025
Working capital
€23k▼ 33.2%
2024 · €35k
2019: €33k
2020: €35k
2021: €29k
2022: €42k
2023: €31k
2024: €35k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€31k▲ 5.9%€31k▲ 1.0%€37k▲ 16.4%€25k▼ 32.8%
Operating result€-5k-€-9k▼ 87.3%€3k€6k▲ 83.2%€-10k
Net result€-6k-€2k€317▼ 81.7%€5k▲ 1,523%€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €10k after €6k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92k
Fixed assets
€1k▼ 22.4%
Current assets
€90k▼ 16.4%
Equity and liabilities €92k
Equity
€25k▼ 32.8%
Debt
€67k▼ 8.3%
The debt ratio rises from 66.6% to 73.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-10k▼
2024 · €6k
Cash flow
€-12k▼
2024 · €5k
Solvency
26.9%▼
2024 · 33.4%
Current ratio
1.35▼
2024 · 1.48
Quick ratio
1.35▼
2024 · 1.48
Debt / equity
2.72▲
2024 · 2.00
ROE
-48.7%▼
2024 · 14.1%
ROA
-13.1%▼
2024 · 4.7%
Interest coverage
-7.55▼
2024 · 3.72
Debt
€67k▼
2024 · €73k
Debt ≤ 1 year
€67k▼
2024 · €73k
Income taxes
€1k▲
2024 · €-780
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€110k€92k▼
Fixed assets21/28€1k€1k▼
Tangible fixed assets22/27€1k€1k▼
Furniture and vehicles24€1k€1k▼
Current assets29/58€108k€90k▼
Amounts receivable within one year40/41€8k€7k▼
Trade receivables40€8k€6k▼
Other amounts receivable41-€860
Cash at bank and in hand54/58€99k€82k▼
Deferred charges and accrued income490/1€790€2k▲
Equity and liabilities
Total equity and liabilities10/49€110k€92k▼
Equity10/15€37k€25k▼
Contributions10/11€20k€20k=
Reserves13€17k€5k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€15k€3k▼
Amounts payable17/49€73k€67k▼
Amounts payable within one year42/48€73k€67k▼
Trade debts44-€2
Suppliers440/4-€2
Advances received on contracts in progress46€150€150=
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Other amounts payable47/48€71k€67k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€159€314▲
Other operating charges640/8€844€695▼
Gross operating margin9900€7k€-9k▼
Operating profit (loss)9901€6k€-10k▼
Financial income75/76B€299€786▲
Recurring financial income75€299€786▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€4k€-11k▼
Income taxes67/77€-780€1k▲
Profit (loss) for the period9904€5k€-12k▼
Profit (loss) for the period to be appropriated9905€5k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€-12k▼
Transfer from equity791/2-€12k
Transfer to equity691/2€5k-
To other reserves6921€5k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
18-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Weakest financial yearnet €-12k ▼333%
Net result drops to €-12k, the lowest in the series.
20-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €5k ▲1523%
Operating result €6k, net result €5k, both a record.
05-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
13-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Knokke-Heist · 1 establishment unit since 2001
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.
Mussenpad 68300 Knokke-HeistGround area
318 m²
Building footprint
318 m²
Volume, LiDAR
5,475 m³
Parcel 31334B0931/00D000, Flanders · tallest building 20.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
THOKAR
since 20012.100.447.007
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31334B0931/00D000 | Flanders | 318 m² | 1 · 318 m² | 20.5 m · 6 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.
Similar companies · same sector, comparable size
FUTURE PROJECTS
BE 0879.649.052
Kapellen · Eq €25k
GLOBAL FAIR & CONSTRUCT
BE 0874.692.253
Lanaken · Eq €24k
MARGINAL
BE 0436.714.289
Anderlecht · Eq €24k
COSI - CASA
BE 0455.179.230
Bonheiden · Eq €24k
ASALI TRADING
BE 0477.751.823
Zele · Eq €23k
Of 687 companies in sector 46412 we hold annual accounts for 517. 258 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-07-2001
Fiscal year end30-06
Activities, NACEBEL
46412Wholesale of household textiles and bedding
51410
46499Wholesale of other household goods
51478
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.