Thomadde

Active

Private limited companyfounded 20232 yrs activeKoning Leopoldstraat 86, 9920 Lievegem, BelgiumKBO/BCE: BE 1000.466.116

The computed 12-month bankruptcy probability of Thomadde is 4.7% (elevated). The 2025 annual accounts show equity of €6k and a net result of €-3k. Its solvency ranks better than 28% of 3619 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

46 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability64▼-11

Solvency33▼-3

Growth32

Track record82

Bankruptcy probability, 12 months

4.7% Elevated

0%0.5%1.5%4%10%≥ 25%

No publishable credit limit; credit only on tighter terms

Liquidity short (current ratio 0.7 against 0.39 in 2024; short-term debt: 38% and cash: 19.9% of total assets), and 91.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

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 2025

Solvency, return and age of the figures

Solvency

8.1%

Return on assets

-4%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

9 d early

2024

29 d early

← before the deadline after the deadline →

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 months

Position in the running window

18-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€6k▼ 33.1%

2024 · €9k

2024: €9k

2024 → 2025

Total assets

€77k▼ 13.1%

2024 · €89k

2024: €89k

2024 → 2025

Net result

€-3k

2024 · €4k

2024: €4k

2024 → 2025

Working capital

€-9k▲ 70.3%

2024 · €-30k

2024: €-30k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€9k-€6k▼ 33.1%

Operating result€7k-€-588

Net result€4k-€-3k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €588 after €7k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €77k

73.5%

26.5%

Fixed assets €57k▼ 18.3%

Current assets €20k▲ 5.6%

Equity and liabilities €77k

91.9%

Equity €6k▼ 33.1%

Debt €71k▼ 10.7%

The debt ratio rises from 89.5% to 91.9%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€17k▼

2024 · €23k

Cash flow

€15k▼

2024 · €20k

Solvency

8.1%▼

2024 · 10.5%

Current ratio

0.70▲

2024 · 0.39

Quick ratio

0.56▲

2024 · 0.39

Debt / equity

11.34▲

2024 · 8.50

ROE

-49.5%▼

2024 · 46.4%

ROA

-4.0%▼

2024 · 4.9%

Interest coverage

8.01▼

2024 · 16.64

Debt

€71k▼

2024 · €79k

Debt ≤ 1 year

€29k▼

2024 · €49k

Debt > 1 year

€42k▲

2024 · €30k

Income taxes

€369▼

2024 · €2k

Staff costs

€235k▲

2024 · €233k

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€89k€77k▼

Fixed assets21/28€69k€57k▼

Intangible fixed assets21€3k€2k▼

Tangible fixed assets22/27€66k€54k▼

Land and buildings22€20k€16k▼

Plant, machinery and equipment23€31k€26k▼

Furniture and vehicles24€15k€12k▼

Current assets29/58€19k€20k▲

Stocks and contracts in progress3-€4k

Stocks30/36-€4k

Amounts receivable within one year40/41€2k€1k▼

Trade receivables40€2k€0▼

Other amounts receivable41€422€1k▲

Cash at bank and in hand54/58€16k€15k▼

Deferred charges and accrued income490/1€950€0▼

Equity and liabilities

Total equity and liabilities10/49€89k€77k▼

Equity10/15€9k€6k▼

Contributions10/11€5k€5k=

Reserves13€4k€4k=

Distributable reserves133€4k€4k=

Profit (loss) carried forward14-€-3k

Amounts payable17/49€79k€71k▼

Amounts payable after more than one year17€30k€42k▲

Financial debts170/4€30k€42k▲

Amounts payable within one year42/48€49k€29k▼

Trade debts44€5k€8k▲

Suppliers440/4€5k€8k▲

Taxes, remuneration and social security45€23k€19k▼

Taxes450/3€12k€9k▼

Remuneration and social security454/9€10k€10k▼

Other amounts payable47/48€22k€3k▼

Income statement Code20242025

Remuneration, social security and pensions62€233k€235k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€18k▲

Other operating charges640/8€480€0▼

Gross operating margin9900€257k€252k▼

Operating profit (loss)9901€7k€-588▼

Financial income75/76B€2€0▼

Recurring financial income75€2€0▼

Financial charges65/66B€1k€2k▲

Recurring financial charges65€1k€2k▲

Profit (loss) for the period before taxes9903€6k€-3k▼

Income taxes67/77€2k€369▼

Profit (loss) for the period9904€4k€-3k▼

Profit (loss) for the period to be appropriated9905€4k€-3k▼

Appropriation of the result

Profit (loss) to be appropriated9906€4k€-3k▼

Transfer to equity691/2€4k€0▼

To other reserves6921€4k€0▼

Social balance

Average headcount (FTE)90876.95.9▼

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

22-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

02-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

NBB filing

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, Lievegem · 1 establishment unit since 2023

establishment The establishment unit on the map

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.

Koning Leopoldstraat 869920 Lievegem

Ground area

637 m²

Building footprint

138 m²

Volume, LiDAR

737 m³

Parcel 44452B1548/00K000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Thomadde

Koning Leopoldstraat 86, 9920 LievegemFull-service restaurants

since 20232.350.782.627

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44452B1548/00K000	Flanders	637 m²	1 · 138 m²	7.5 m · 2 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Lievegem2.350.782.627

1 permission

Toelating · Eetgelegenheid · since 15-11-2023

Similar companies · same sector, comparable size

Of 20,499 companies in sector 56111 we hold annual accounts for 11,455. 5,641 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded28-09-2023

Fiscal year end31-12

Activities, NACEBEL

56101Full-service restaurants

56111Full-service restaurants

56210Event catering

56301Cafés and bars

82990Other business support services

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.