Equity
-€19,814
Debts exceed assets in financial year 2025.
Thomas
Lifetime
20 annual accounts with figures on one time axis, 33 filings since 1993peak €98,119 (2013)
€65,916▼ 11.1%
lowest -€71,653 (2020)
€21,367▲ 24.9%
peak €122,409 (2007)
-€19,814▲ €21,367
€225,767▼ 6.4%
peak 1.9 FTE (2015)
-not published
Board2 names since 2022
1 director
Documentsfilings and deeds
17-09-202648 days late
2025micro format
Resignation: (director) 03-03Equity from -€41,181 to -€19,814Cash from €24,265 to €47,664
Key points
from the 2025 annual accountsDebts
€225,767 110% of the balance sheet
Financial debts 46%Suppliers 2%Taxes and wages 4%Other 49%
Of this, €41,941 falls due within a year.
Position in the sector
-€19,814
Less equity than 95% of companies in specialised construction. Sector median €57,824 · 37,191 companies.
2025 accounts filed 48 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,795 companies had the same profile as Thomas has now. Each dot stands for 10 companies, two years later.
91.4%
were still trading
5.4%
stopped another way
2.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,795 companies, not a prediction for Thomas. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0448407739
Resignation: (director)
Appointment: (director) · General meeting of 01-01-2025 · Gazette deed
Appointment: (director)
Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 14-12-2023 · Gazette deed
Environmental permit granted
Functiewijziging · Erpe-Mere
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Thomas Erpe-Mere | €205,953 | €65,916 | -9.6% | - |
| RAES GUY Erpe-Mere | €214,162 | €78,074 | 43.5% | - |
| Alu Log Eeklo | €222,201 | €72,733 | -78.2% | 2.7 |
| ALVAMA Brakel | €180,431 | €66,010 | 34.8% | - |
| APPUI Verviers | €204,538 | €72,779 | 55.8% | - |
| BUVAN Sint-Truiden | €203,944 | €56,983 | 57.8% | - |
| HERPOELAERT BINNENHUISINRICHTINGEN Pittem | €237,195 | €67,670 | 69.2% | - |
These companies have the same main activity as Thomas: joinery installation (NACE 43320). They are comparable in size and age: total assets between €180,000 and €237,000, founded between 1991 and 1995.
Official details
Source: KBO- Status
- Active since 13-10-1992Normal situation
- Activity
- Joinery installationNACE 43320and 1 other
- Establishment unit
- 2.130.996.2659420 Erpe-Mere, since 31-12-1992
- Financial year end
- 31 December
- Peppol
- Reachable since 21-06-2026
Insights on Thomas
Thomas files the micro format. That format states no turnover. The gross margin rose from €23,282 in 2006 to €65,916 in 2025.
The balance sheet grew most from 2009 to 2011 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Thomas
- What is the company number of Thomas?
- The company number of Thomas is 0448.407.739. The VAT number is the same number with BE in front: BE 0448.407.739.
- Where is Thomas based?
- The registered office is at Kapelhofstraat 22, 9420 Erpe-Mere.Company details
- What does Thomas do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of Thomas?
- Thomas is a private limited company (BV).
- When was Thomas founded?
- Thomas was founded on 13-10-1992.
- Is Thomas still active?
- Yes, Thomas is an active enterprise in the KBO register.
- What is the turnover of Thomas?
- The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €65,916 and 39 comparable companies (NACE 43320). It probably lies between €190,000 and €410,000.Financials
- Is Thomas profitable?
- In financial year 2025, Thomas made a profit of €21,367.
- Where can I find the annual accounts of Thomas?
- Thomas filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Thomas due?
- Thomas must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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