THOMAS CONSTRUCTION

Active

Private limited company (pre-2019)founded 2011active for 15 yearsMolenbeeksestraat 92, 1020 Brussel, BelgiumKBO/BCE: BE 0838.893.612

The file of THOMAS CONSTRUCTION contains 3 judicial reorganisation notices, as published in the Belgian Official Gazette.

Summary

During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2024 annual accounts show equity of €684,425 and a net result of €203,466. Equity is growing by about 26% per year across the filed financial years. Its solvency ranks better than 55% of 1,080 sector peers (NACE 81, financial year 2024).

Risk analysisFollow Report Compare

THOMAS CONSTRUCTIONActiveChecked score 24/100

Risk analysis Report Compare

Activity

Other building cleaning and industrial cleaning

NACE 81220Demolition NACE 43110

1 site

Size

€1.5mtotal assets 2024

Equity: €684,425
Profit: €203,466

Turnover not published (abbreviated or micro format)

Financial health

24 Critical Checked score 2024

Reorganisation running: about 1 in 4 bankrupt within the year

Structure

2025 accounts not filed, 88 days past the deadline10 deeds in the Belgian Official Gazette

Signalsraises riskReorganisation failedAnnual accounts not filed2024 accounts filed 365 days lateShow the evidence

Checked score

Score 2024

24 / 100

Critical

Without a bankruptcy probability: score from the figures alone

An ongoing judicial reorganisation from the Belgian Official Gazette caps the score at 24. Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Strong

Solvency 71+8

equity 46.0% of total assets

Liquidity 23+5

short-term debt 54.0% · cash 0.0%

Profitability 86-3

return on assets 13.7%

Bankruptcy probability, 12 months

Judicial reorganisation

About 1 in 4 comparable companies went bankrupt within the year

A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).

No credit on open account during an ongoing judicial reorganisation

Liquidity ample (current ratio 1.82, compared with 1.58 in 2023, above the usual 1.5; short-term debt: 54% and cash: 0% of total assets), but 54% of the assets are financed with debt and provisions.

Signals

Three signals.

raises risk

Reorganisation failed

The court refused to extend the stay on 07-08-2026 (Belgian Official Gazette 08-09-2026). Of companies whose reorganisation failed in the past year, about 1 in 3 goes bankrupt within twelve months.

Belgian Official Gazette

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 88 days later.

NBB · 9 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline27-10-2026 today

2024 accounts filed 365 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2026, 365 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 9 filings

Deviation from the deadline

2025

not filed

2024

365 days late

2023

126 days late

2022

376 days late

2021

99 days late

2020

243 days late

2019

87 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 216 days after the deadline; the sector median (NACE 81) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

08-09-2026 Extension of the stay refusedFrench-language Enterprise Court of Brussels…
31-07-2026 Annual accounts filedfinancial year 2024 · abbreviated…
31-07-2026 Annual accounts filedfinancial year 2024 · micro…

Key points

Caution: 2025 accounts not fileddeadline was 31-07-2026 88 days past the deadline View
Positive: Among the best 17% on net resultsector median €37,799 · 1,078 companies €203,466 View
Positive: Equity rose in 2024from €480,958 to €684,425 ▲ 42.3% View

By topic

Financials

Financial year: 2024
Total assets: €1.5m
Profit: €203,466
Solvency: 46.0%

Turnover▲ 92.8%

Net result

20212023

Go to Financials

Timeline

Events: 20
Since: 2013

09-07-2026Extension
06-03-2026Opening
31-12-2024Equity above €500,000

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company (pre-2019)
Activity: Other building cleaning and industrial cleaningNACE 81220
Founded: 31-08-2011
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about THOMAS CONSTRUCTION

What is the company number of THOMAS CONSTRUCTION?: 0838.893.612. In Belgium the VAT number is the company number with BE in front: BE 0838.893.612.
Where is THOMAS CONSTRUCTION based?: The registered office is at Molenbeeksestraat 92, 1020 Brussel.Company details
What does THOMAS CONSTRUCTION do?: According to the KBO register, the main activity is other building cleaning and industrial cleaning (NACE 81220).
What is the legal form of THOMAS CONSTRUCTION?: Private limited company (pre-2019) (BVBA).
When was THOMAS CONSTRUCTION founded?: On 31-08-2011.
Is THOMAS CONSTRUCTION still active?: Yes, THOMAS CONSTRUCTION is an active enterprise in the KBO register.
How many employees does THOMAS CONSTRUCTION have?: On average 26.4 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of THOMAS CONSTRUCTION?: €2.1m in financial year 2023, according to the filed annual accounts.
Is THOMAS CONSTRUCTION profitable?: In financial year 2024, THOMAS CONSTRUCTION made a profit of €203,466.
Where can I find the annual accounts of THOMAS CONSTRUCTION?: THOMAS CONSTRUCTION filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2024.