THOMAGRE
ActiveSummary
THOMAGRE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €239k and a net result of €-25k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 59% of 411 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability12▼-45
Solvency80▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 10.3 against 7.98 in 2023; short-term debt: 1.1% and cash: 6.4% of total assets), and 45.1% of the assets are financed with debt.
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Signals
Five 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 02
Relative position
BE, all sectors
reference
Forestry and logging (NACE 02)
about 55% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
54.9%
Return on assets
-5.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
41 d early
2022
49 d early
2021
46 d early
2020
30 d early
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€239k▼ 9.3%
2023 · €264k
Total assets
€435k▼ 6.0%
2023 · €463k
Net result
€-25k
2023 · €21k
Working capital
€45k▼ 31.8%
2023 · €65k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€7k▼ 88.9%€31k▲ 314%€-3k€38k€-11k
Net result€-3k€14k€-9k€21k€-25k
Equity€251k▼ 2.8%€261k▲ 4.2%€252k▼ 3.6%€264k▲ 4.7%€239k▼ 9.3%
Total assets€458k▼ 3.3%€465k▲ 1.4%€443k▼ 4.7%€463k▲ 4.5%€435k▼ 6.0%
Debt€208k▼ 3.9%€204k▼ 2.0%€191k▼ 6.2%€199k▲ 4.4%€196k▼ 1.5%
Working capital€55k▼ 30.5%€62k▲ 13.4%€53k▼ 14.5%€65k▲ 22.7%€45k▼ 31.8%
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 2024: a loss of €11k after €38k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €435k
Fixed assets
€386k ▼ 0.6%
Current assets
€49k ▼ 33.9%
Equity and liabilities €435k
Equity
€239k ▼ 9.3%
Debt
€196k ▼ 1.5%
Debt's share of the balance-sheet total rises from 43.1% to 45.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-8k▼
2023 · €40k
Cash flow
€-22k▼
2023 · €23k
Current ratio
10.30▲
2023 · 7.98
Debt to equity
0.82▲
2023 · 0.76
ROE
-10.3%▼
2023 · 7.8%
ROA
-5.7%▼
2023 · 4.4%
Interest coverage
-0.61▼
2023 · 3.92
Debt ≤ 1 year
€5k▼
2023 · €9k
Debt > 1 year
€180k=
2023 · €180k
Income taxes
€422▼
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €5k | €5k | €3k | €3k | ▲ 13.9% |
| Other operating charges640/8 | - | €3k | €4k | €4k | €4k | ▼ 7.2% |
| Gross operating margin9900 | €15k | €39k | €6k | €44k | €-4k | ▼ 110% |
| Operating profit (loss)9901 | €7k | €31k | €-3k | €38k | €-11k | ▼ 129% |
| Financial income75/76B | - | €0 | €5k | €0 | €13 | - |
| Recurring financial income75 | €0 | €0 | €18 | €0 | €13 | - |
| Non-recurring financial income76B | - | - | €5k | €0 | - | - |
| Financial charges65/66B | - | €10k | €10k | €10k | €13k | ▲ 27.8% |
| Recurring financial charges65 | €10k | €10k | €10k | €10k | €13k | ▲ 27.8% |
| Profit (loss) for the period before taxes9903 | €-3k | €21k | €-9k | €27k | €-24k | ▼ 188% |
| Income taxes67/77 | €361 | €6k | €391 | €7k | €422 | ▼ 93.8% |
| Profit (loss) for the period9904 | €-3k | €14k | €-9k | €21k | €-25k | ▼ 220% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €14k | €-9k | €21k | €-25k | ▼ 220% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €458k | €465k | €443k | €463k | €435k | ▼ 6.0% |
| Fixed assets21/28 | €386k | €391k | €385k | €388k | €386k | ▼ 0.6% |
| Tangible fixed assets22/27 | €385k | €391k | €385k | €388k | €385k | ▼ 0.6% |
| Land and buildings22 | - | €373k | €373k | €373k | €373k | = |
| Plant, machinery and equipment23 | - | €13k | €10k | €8k | €7k | ▼ 18.3% |
| Furniture and vehicles24 | - | €5k | €2k | €6k | €5k | ▼ 13.2% |
| Financial fixed assets28 | €410 | €410 | €410 | €410 | €410 | = |
| Current assets29/58 | €72k | €73k | €57k | €75k | €49k | ▼ 33.9% |
| Amounts receivable within one year40/41 | €11k | €4k | €7k | €12k | €21k | ▲ 82.8% |
| Trade receivables40 | - | €0 | €1k | €3k | €9k | ▲ 200% |
| Other amounts receivable41 | - | €4k | €5k | €9k | €12k | ▲ 41.1% |
| Current investments50/53 | €3k | €3k | €3k | €3k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €58k | €66k | €48k | €60k | €28k | ▼ 53.5% |
| Deferred charges and accrued income490/1 | - | €903 | €389 | €433 | €447 | ▲ 3.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €458k | €465k | €443k | €463k | €435k | ▼ 6.0% |
| Equity10/15 | €251k | €261k | €252k | €264k | €239k | ▼ 9.3% |
| Contributions10/11 | - | €249k | €249k | €240k | €240k | = |
| Profit (loss) carried forward14 | €2k | €12k | €3k | €24k | €-1k | ▼ 104% |
| Amounts payable17/49 | €208k | €204k | €191k | €199k | €196k | ▼ 1.5% |
| Amounts payable after more than one year17 | €180k | €180k | €180k | €180k | €180k | = |
| Financial debts170/4 | - | €180k | - | - | - | - |
| Other amounts payable178/9 | - | - | €180k | €180k | €180k | = |
| Amounts payable within one year42/48 | €18k | €11k | €4k | €9k | €5k | ▼ 48.8% |
| Trade debts44 | €12k | €6k | €2k | €9k | €4k | ▼ 53.3% |
| Suppliers440/4 | - | €6k | €2k | €9k | €4k | ▼ 53.3% |
| Taxes, remuneration and social security45 | - | €2k | €2k | €0 | €422 | - |
| Taxes450/3 | - | €2k | €2k | €0 | €422 | - |
| Other amounts payable47/48 | - | €4k | €0 | - | - | - |
| Accrued charges and deferred income492/3 | - | €12k | €7k | €10k | €11k | ▲ 15.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €14k | €-9k | €21k | €-25k | ▼ 220% |
| + Depreciation and write-downs630 | €4k | €5k | €5k | €3k | €3k | ▲ 13.9% |
| Operating cash flow (approximation) | €513 | €19k | €-4k | €23k | €-22k | ▼ 193% |
| Investment in fixed assets (approximation) | - | €-10k | €766 | €-5k | €-667 | ▲ 87.4% |
| Change in cash | - | €8k | €-18k | €13k | €-32k | ▼ 357% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 14.37
Current ratio from 6.59 to 14.37; short-term debt falls from €11k to €4k.
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €52k
Net result €52k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
13-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Profondeville · 1 establishment unit since 2006
Ground area
3,389 m²
Building footprint
246 m²
Volume, LiDAR
1,915 m³
Parcel 92079B0098/00Y000, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
THOMAGRE
since 20062.155.572.305
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92079B0098/00Y000 | Wallonia | 3,389 m² | 1 · 245 m² | 10.3 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteProfondeville2.155.572.305
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Of 1,555 companies in sector 02200 we hold annual accounts for 448. 332 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-06-2006
Fiscal year end31-12
Activities, NACEBEL 2025
02200Logging
81300Landscape service activities
Scores and ratios are computed by Checked and are not a credit decision.