THOM IMMO
ActiveSummary
THOM IMMO has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€203,819) and a net result of -€54,641. Equity is shrinking by ~53.8% per year across the filed fiscal years. Its solvency ranks better than 9% of 14220 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability18▲+2
Solvency0▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.77 against 0.82 in 2024; short-term debt: 129.7% and cash: 1.7% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
-29.7%
Return on assets
-8%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€203,819
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
21 d early
2024
21 d early
2023
14 d early
2022
11 d early
2021
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€203,819▼ 36.6%
2024 · -€149,178
Total assets
€685,948▲ 1.4%
2024 · €676,341
Net result
-€54,641▲ 6.4%
2024 · -€58,398
Working capital
-€203,819▼ 36.6%
2024 · -€149,178
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€26,936--€20,154▲ 25.2%-€23,474▼ 16.5%-€26,220▼ 11.7%-€24,250▲ 7.5%
Net result-€36,019below the sector's middle half--€29,448below the sector's middle half▲ 18.2%-€43,913below the sector's middle half▼ 49.1%-€58,398below the sector's middle half▼ 33.0%-€54,641below the sector's middle half▲ 6.4%
Equity-€17,419below the sector's middle half--€46,867below the sector's middle half▼ 169%-€90,780below the sector's middle half▼ 93.7%-€149,178below the sector's middle half▼ 64.3%-€203,819below the sector's middle half▼ 36.6%
Total assets€615,897within the sector's middle half-€620,236within the sector's middle half▲ 0.7%€611,457within the sector's middle half▼ 1.4%€676,341within the sector's middle half▲ 10.6%€685,948within the sector's middle half▲ 1.4%
Debt€633,316-€667,103▲ 5.3%€702,238▲ 5.3%€825,519▲ 17.6%€889,767▲ 7.8%
Working capital-€17,419--€46,867▼ 169%-€90,780▼ 93.7%-€149,178▼ 64.3%-€203,819▼ 36.6%
Solvency-2.8%below the sector's middle half--7.6%below the sector's middle half▼ 4.7pp-14.8%below the sector's middle half▼ 7.3pp-22.1%below the sector's middle half▼ 7.2pp-29.7%below the sector's middle half▼ 7.7pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €24,250 in 2025 against €26,220 in 2024; the loss shrinks.
Key figures and ratios
Current ratio
0.77▼
2024 · 0.82
Quick ratio
0.04▲
2024 · 0.03
Debt to equity
-4.37▲
2024 · -5.53
ROA
-8.0%▲
2024 · -8.6%
Debt ≤ 1 year
€889,767▲
2024 · €825,519
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,170 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 95% are still going.
- Small
- 5 to 10 years old
- negative equity
- a small loss
1.7%
went bankrupt
2.5%
stopped otherwise
95%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 74% 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 1,170 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €14,601 | €8,662 | €10,715 | €13,124 | €11,143 | ▼ 15.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €760 | - | - | - | - | - |
| Other operating charges640/8 | €11,574 | €11,491 | €12,759 | €13,096 | €13,107 | ▲ 0.1% |
| Gross operating margin9900 | -€14,601 | -€8,662 | -€10,715 | -€13,124 | -€11,143 | ▲ 15.1% |
| Operating profit (loss)9901 | -€26,936 | -€20,154 | -€23,474 | -€26,220 | -€24,250 | ▲ 7.5% |
| Financial charges65/66B | €9,084 | €9,294 | €20,439 | €32,178 | €30,390 | ▼ 5.6% |
| Recurring financial charges65 | €9,084 | €9,294 | €20,439 | €32,178 | €30,390 | ▼ 5.6% |
| Profit (loss) for the period before taxes9903 | -€36,019 | -€29,448 | -€43,913 | -€58,398 | -€54,641 | ▲ 6.4% |
| Profit (loss) for the period9904 | -€36,019 | -€29,448 | -€43,913 | -€58,398 | -€54,641 | ▲ 6.4% |
| Profit (loss) for the period to be appropriated9905 | -€36,019 | -€29,448 | -€43,913 | -€58,398 | -€54,641 | ▲ 6.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €615,897 | €620,236 | €611,457 | €676,341 | €685,948 | ▲ 1.4% |
| Formation expenses20 | - | €0 | €0 | €0 | €0 | - |
| Current assets29/58 | €615,897 | €620,236 | €611,457 | €676,341 | €685,948 | ▲ 1.4% |
| Stocks and contracts in progress3 | €598,488 | €598,488 | €598,488 | €648,488 | €648,488 | = |
| Stocks30/36 | €598,488 | €598,488 | €598,488 | €648,488 | €648,488 | = |
| Amounts receivable within one year40/41 | €3,389 | €5,696 | €6,140 | €18,740 | €20,930 | ▲ 11.7% |
| Trade receivables40 | €1,354 | €638 | €0 | - | - | - |
| Other amounts receivable41 | €2,035 | €5,057 | €6,140 | €18,740 | €20,930 | ▲ 11.7% |
| Cash at bank and in hand54/58 | €14,020 | €13,748 | €4,365 | €6,571 | €11,322 | ▲ 72.3% |
| Deferred charges and accrued income490/1 | - | €2,305 | €2,464 | €2,543 | €5,208 | ▲ 105% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €615,897 | €620,236 | €611,457 | €676,341 | €685,948 | ▲ 1.4% |
| Equity10/15 | -€17,419 | -€46,867 | -€90,780 | -€149,178 | -€203,819 | ▼ 36.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€36,019 | -€65,467 | -€109,380 | -€167,778 | -€222,419 | ▼ 32.6% |
| Amounts payable17/49 | €633,316 | €667,103 | €702,238 | €825,519 | €889,767 | ▲ 7.8% |
| Amounts payable within one year42/48 | €633,316 | €667,103 | €702,238 | €825,519 | €889,767 | ▲ 7.8% |
| Financial debts43 | €420,000 | €420,000 | €420,000 | €420,000 | €250,000 | ▼ 40.5% |
| Credit institutions430/8 | €420,000 | €420,000 | €420,000 | €420,000 | €250,000 | ▼ 40.5% |
| Trade debts44 | €10,528 | €14,197 | €19,332 | €69,827 | €43,462 | ▼ 37.8% |
| Suppliers440/4 | €10,528 | €14,197 | €19,332 | €69,827 | €43,462 | ▼ 37.8% |
| Taxes, remuneration and social security45 | - | €0 | - | - | - | - |
| Taxes450/3 | - | €0 | - | - | - | - |
| Other amounts payable47/48 | €202,788 | €232,905 | €262,905 | €335,692 | €596,305 | ▲ 77.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€36,019 | -€29,448 | -€43,913 | -€58,398 | -€54,641 | ▲ 6.4% |
| + Depreciation and write-downs630 | €760 | - | - | - | - | - |
| Operating cash flow (approximation) | -€35,259 | -€29,448 | -€43,913 | -€58,398 | -€54,641 | ▲ 6.4% |
| Change in cash | - | -€272 | -€9,383 | €2,205 | €4,752 | ▲ 115% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€58,398
Net result drops to -€58,398, the lowest in the series; recovery starts the following year.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Visé · 1 establishment unit since 2020
Ground area
1,865 m²
Building footprint
462 m²
Volume, LiDAR
2,457 m³
Parcel 62108B0254/00H000, Wallonia · tallest building 5.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
THOM IMMO
since 20202.305.560.633
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62108B0254/00H000 | Wallonia | 1,865 m² | 1 · 462 m² | 5.8 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 and region
A.M. GILLARD S.A. - THOMASSEN ET FILS S.R.L.
BE 0788.224.176
Visé
Château d’Argenteau
BE 1031.442.372
Visé
EVEREST CONSTRUCTIONS
BE 1022.488.381
Visé
FABRIBAU
BE 0660.991.553
Visé
GILLET 30
BE 0818.809.266
Visé
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,699 companies in sector 68121 we hold annual accounts for 7,385. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
Contact
E-mail
info@thomimmo.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0750640438
Also
9925:BE0750640438
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.