THOMAS DE RIDDER
ActiveThe computed 12-month bankruptcy probability of THOMAS DE RIDDER is 1.7% (moderate). The 2025 annual accounts show equity of €239k and a net result of €78k. Equity is growing by ~30.2% per year across the filed fiscal years. Its solvency ranks better than 39% of 27319 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
86
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+36
Solvency63▼-37
Growth78=
Stability100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity tight (current ratio 1.19 against 2.88 in 2024), and 62.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
37.6%
Return on assets
12.4%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
8 d early
2024
3 d early
2023
27 d early
2022
41 d early
2021
52 d early
2020
23 d early
2019
on the day
← before the deadline
after the deadline →
neutral · 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 monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€239k▼ 57.4%
2024 · €560k
2019: €69k
2020: €210k
2021: €290k
2022: €359k
2023: €489k
2024: €560k
2019 → 2025
Total assets
€634k▼ 11.6%
2024 · €717k
2019: €511k
2020: €680k
2021: €675k
2022: €600k
2023: €776k
2024: €717k
2019 → 2025
Net result
€78k▲ 9.4%
2024 · €72k
2019: €49k
2020: €140k
2021: €80k
2022: €69k
2023: €129k
2024: €72k
2019 → 2025
Working capital
€74k▼ 74.9%
2024 · €296k
2019: €-29k
2020: €-29k
2021: €92k
2022: €206k
2023: €202k
2024: €296k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€290k-€359k▲ 23.9%€489k▲ 36.0%€560k▲ 14.7%€239k▼ 57.4%
Operating result€98k-€88k▼ 9.5%€166k▲ 87.5%€98k▼ 40.7%€100k▲ 1.6%
Net result€80k-€69k▼ 13.6%€129k▲ 86.2%€72k▼ 44.5%€78k▲ 9.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 2% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €634k
Fixed assets
€165k▼ 37.8%
Current assets
€470k▲ 3.8%
Equity and liabilities €634k
Equity
€239k▼ 57.4%
Debt
€395k▲ 152%
The debt ratio rises from 21.9% to 62.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€203k▼
2024 · €221k
Cash flow
€182k▼
2024 · €195k
Solvency
37.6%▼
2024 · 78.1%
Current ratio
1.19▼
2024 · 2.88
Quick ratio
1.19▼
2024 · 2.88
Debt / equity
1.66▲
2024 · 0.28
ROE
32.9%▲
2024 · 12.8%
ROA
12.4%▲
2024 · 10.0%
Interest coverage
166.20▲
2024 · 55.80
Debt
€395k▲
2024 · €157k
Debt ≤ 1 year
€395k▲
2024 · €157k
Income taxes
€20k▼
2024 · €22k
Staff costs
€131k▼
2024 · €141k
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€717k€634k▼
Fixed assets21/28€265k€165k▼
Tangible fixed assets22/27€265k€165k▼
Land and buildings22€15k€11k▼
Plant, machinery and equipment23€18k€13k▼
Furniture and vehicles24€232k€141k▼
Current assets29/58€453k€470k▲
Amounts receivable within one year40/41€192k€188k▼
Trade receivables40€184k€187k▲
Other amounts receivable41€8k€826▼
Cash at bank and in hand54/58€247k€243k▼
Deferred charges and accrued income490/1€13k€39k▲
Equity and liabilities
Total equity and liabilities10/49€717k€634k▼
Equity10/15€560k€239k▼
Contributions10/11€20k€20k=
Reserves13€540k€219k▼
Distributable reserves133€540k€219k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€157k€395k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€157k€395k▲
Current portion of amounts payable after more than one year42€47k€0▼
Trade debts44€72k€41k▼
Suppliers440/4€72k€41k▼
Taxes, remuneration and social security45€38k€17k▼
Taxes450/3€20k€7k▼
Remuneration and social security454/9€18k€10k▼
Other amounts payable47/48-€337k
Income statement
Code20242025
Remuneration, social security and pensions62€141k€131k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€123k€104k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4k
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€364k€341k▼
Operating profit (loss)9901€98k€100k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€4k€1k▼
Recurring financial charges65€4k€1k▼
Profit (loss) for the period before taxes9903€94k€98k▲
Income taxes67/77€22k€20k▼
Profit (loss) for the period9904€72k€78k▲
Profit (loss) for the period to be appropriated9905€72k€78k▲
Appropriation of the result
Profit (loss) to be appropriated9906€72k€78k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€400k
Transfer to equity691/2€72k€78k▲
To other reserves6921€72k€78k▲
Profit to be distributed694/7-€400k
Return on contributions (dividend)694-€400k
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €500kEq €560k ▲14.7%
6 profitable years in a row build equity to €560k.
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2019net €140k ▲185%
Operating result €169k, net result €140k, both a record.
31-12
Financial
Equity above €200kEq €210k ▲203%
2 profitable years in a row build equity to €210k.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
de Ridder Thomas
CurrentDirector · since 21-12-2023
Props Leen
CurrentDirector · since 21-12-2023
21-12-2023
de Ridder Thomas: Appointed as Director
21-12-2023
Props Leen: Appointed as Director
Location & real-estate footprint
Registered office, Lokeren · 1 establishment unit since 2018
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.
Rechtstraat 1439160 LokerenGround area
1,291 m²
Building footprint
218 m²
Volume, LiDAR
1,828 m³
Parcel 46007A0264/00D000, Flanders · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
THOMAS DE RIDDER
since 20182.283.286.661
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46007A0264/00D000 | Flanders | 1,290 m² | 1 · 218 m² | 13.6 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,538 EUR awarded · 1,538 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 57 EUR | 57 EUR |
| 2024 | 1 | 885 EUR | 1,140 EUR |
| 2023 | 1 | 255 EUR | 0 EUR |
| 2022 | 1 | 341 EUR | 341 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteLokeren2.283.286.661
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Of 8,397 companies in sector 43120 we hold annual accounts for 3,204. 2,513 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2018
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
49410Freight transport by road
01500Mixed farming
43110Demolition
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.