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THOMAS ELECTRONICS

Active Private limited companyfounded 2006active for 20 yearsMosseveldstraat 59B, 9290 BerlareKBO/BCE: BE 0881.592.814 #6 company by equity in Berlare, Manufacturing sector

Lifetime

19 annual accounts with figures on one time axis
peak €251,719 (2007)
€41,453▲ 17.3%
lowest -€8,414 (2010)
€11,305▲ 82.4%
peak €431,475 (2025)
€431,475▲ 2.7%
€42,227▼ 18.4%
peak 0.8 FTE (2007)
-not published
Board2 names since 2006
2 directorsBoone Jenny and 1 other
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Gross margin from €35,347 to €41,453Result from €6,200 to €11,305Debts from €51,734 to €42,227Cash from €8,007 to €30,776

Key points

from the 2025 annual accounts

Equity

€431,475 ▲ 2.7%

THOMAS ELECTRONICS has made a profit without a break since 2012.

Turnover

≈ €170,000 estimated

The micro format states no turnover.

Position in the sector

91.1%

Higher solvency than 89% of companies in machinery and equipment. Sector median 49.8% · 465 companies.

Checked score

94
Excellent
Financially stronger than 60% of micro companies in machinery and equipment (NACE 28)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 980 companies (NACE 28, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -0.1 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.1%▼ -0.1 percentage points vs 12-2025 02-2026: 0.2%▲ +0.1 percentage points vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 91.1% of total assets
58+6short-term debt 2.6% · cash 6.5%
72+2return on assets 2.4%

Score breakdown

raises risk
Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)
lowers risk
Founded in 2006
Equity €431,475 (91.1% of total assets)
Figures for financial year 2025 (filed on 04-08-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 28, micro). It does better than 89% of them on solvency, 57% on liquidity, 46% on profitability and 46% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 14,766 companies had the same profile as THOMAS ELECTRONICS has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of THOMAS ELECTRONICS itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 14,766 companies, not a prediction for THOMAS ELECTRONICS. 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

Credit of up to €40,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 6.08 (4.77 in 2024), above the usual 1.5. Short-term debt is 2.6% and cash 6.5% of total assets. 8.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2006
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €431,475 (91.1% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)
KBO
lowers risk · Figures for financial year 2025 (filed on 04-08-2026)
NBB · annual accounts
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
on the day
2023
on the day
2022
38 days early
2021
30 days late
2020
31 days late
2019
35 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 8 days after the deadline. In the sector (NACE 28), the median for financial year 2024 was 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BJ
Boone Jenny
Director, since 09-10-2023
TH
Thomas Hilaire
Director, since 09-10-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0881592814
Amendment of the articles · Legal-form change · Resignations & appointments “De ontwikkeling en vervaardiging van elektronica; de vervaardiging van toestellen voor het filtreren of…” (deed in Dutch) · General meeting of 09-10-2023 · Gazette deed
Incorporation published on 12-06-2006 · Gazette deed
First establishment Mosseveldstraat 59, Berlare
All 30 events

Comparable companies

same main activity, similar in size and age
Company
THOMAS ELECTRONICS Berlare €473,702 €41,453 91.1% -
AFILCO VAN MOERKERKE Roeselare €408,923 €47,248 75.4% -
MD systems Dinant €286,504 €59,233 31.1% -
SOTAY Oupeye €707,923 €89,239 29.5% -
VERSACRUM Meise €923,399 €34,212 9.6% -
Motec Kontich €375,412 €126,613 42.3% -
ARRANGED Bilzen-Hoeselt €655,331 €137,734 61.1% 2.2

These companies have the same main activity as THOMAS ELECTRONICS: manufacture of machinery and equipment not elsewhere classified (NACE 28295). They are comparable in size and age: total assets between €287,000 and €923,000, founded between 1999 and 2011.

Official details

Source: KBO
Status
Active since 31-05-2006Normal situation
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28295and 3 others
Establishment unit
2.154.343.5719290 Berlare, since 19-05-2006
Financial year end
31 December
Peppol
Reachable since 02-09-2025
Company details

Annual accounts 2025

€473,702▲ 0.4%
Filing
Filed on 30-07-2026, 1 day before the end of the filing period
Financials

Insights on THOMAS ELECTRONICS

THOMAS ELECTRONICS files the micro format. That format states no turnover. The gross margin fell from €251,719 in 2007 to €41,453 in 2025.

The balance sheet grew most in 2008 through fixed assets.

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 ELECTRONICS

What is the company number of THOMAS ELECTRONICS?
The company number of THOMAS ELECTRONICS is 0881.592.814. The VAT number is the same number with BE in front: BE 0881.592.814.
Where is THOMAS ELECTRONICS based?
The registered office is at Mosseveldstraat 59B, 9290 Berlare.Company details
What does THOMAS ELECTRONICS do?
According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28295).
What is the legal form of THOMAS ELECTRONICS?
THOMAS ELECTRONICS is a private limited company (BV).
When was THOMAS ELECTRONICS founded?
THOMAS ELECTRONICS was founded on 31-05-2006.
Is THOMAS ELECTRONICS still active?
Yes, THOMAS ELECTRONICS is an active enterprise in the KBO register.
What is the turnover of THOMAS ELECTRONICS?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €41,453 and 2,935 comparable companies of the same size. It probably lies between €100,000 and €300,000. It is a rough estimate.Financials
Is THOMAS ELECTRONICS profitable?
In financial year 2025, THOMAS ELECTRONICS made a profit of €11,305.
Where can I find the annual accounts of THOMAS ELECTRONICS?
THOMAS ELECTRONICS filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of THOMAS ELECTRONICS due?
THOMAS ELECTRONICS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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