Checked.be · Company dossierhttps://checked.be/en/c/thomas-building-company-0453777282 · as of 27-10-2026
THOMAS BUILDING COMPANY
Active
Public limited company · founded 1994 · active for 32 yearsBonekruidlaan 65, 1020 Brussel, BelgiumKBO/BCE: BE 0453.777.282
Summary
The computed 12-month bankruptcy probability of THOMAS BUILDING COMPANY is 8.9% (elevated). For THOMAS BUILDING COMPANY, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show negative equity (-€186,782) and a net result of -€2,532. Equity remains stable across the filed financial years (±2.2% per year). The company has been active since 1994 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
2022 accounts not filed, 1184 days past the deadline1 of 4 deeds summarised
Signalsraises riskFigures for financial year 2021 (filed 31-08-2022)Ex-officio strike-off in the KBO3 financial years not filed after the legal deadline; last filed accounts filed 30 days lateTwo or more financial years not filedAdministrative warnings in the KBO publicationslowers riskSize: total assets €524,932neutralA punctual record breaksShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2021 · tick = 2020
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency0=
equity -35.6% of total assets
Liquidity51=
short-term debt 1.9% · cash 0.6%
Profitability33-11
return on assets -0.5%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
8.9%Elevated
0%0.5%1.5%4%10%≥ 25%
About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 5.0%12-2024: 5.0%● unchanged vs 11-202401-2025: 5.0%● unchanged vs 12-202402-2025: 5.0%● unchanged vs 01-202503-2025: 5.0%● unchanged vs 02-202504-2025: 5.0%● unchanged vs 03-202505-2025: 5.0%● unchanged vs 04-202506-2025: 5.0%● unchanged vs 05-202507-2025: 5.0%● unchanged vs 06-202508-2025: 4.9%▼ -0.1 percentage points vs 07-2025lowest value09-2025: 4.9%● unchanged vs 08-202510-2025: 4.9%● unchanged vs 09-202511-2025: 4.9%● unchanged vs 10-202512-2025: 4.9%● unchanged vs 11-202501-2026: 4.9%● unchanged vs 12-202502-2026: 4.9%● unchanged vs 01-202603-2026: 4.9%● unchanged vs 02-202604-2026: 4.9%● unchanged vs 03-202605-2026: 4.9%● unchanged vs 04-202606-2026: 4.9%● unchanged vs 05-202607-2026: 4.9%● unchanged vs 06-202608-2026: 4.9%● unchanged vs 07-202609-2026: 8.9%▲ +4.0 percentage points vs 08-2026highest value10-2026: 8.9%● unchanged vs 09-2026highest value
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2022 year end31-07-2023 deadline27-10-2026 today
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-08-2022, 30 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
This company filed its last 3 accounts on average 9 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.