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Thomas Hoogwerkers

Active
Private limited companyfounded 1968active for 58 yearsBrusselsesteenweg 142, 1785 Merchtem, BelgiumKBO/BCE: BE 0400.752.035

From the official registers: KBO 48 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Thomas Hoogwerkers is 5.2% (elevated). The 2024 annual accounts show equity of €410,331 and a net result of €131,614. Equity has been growing by about 28% per year since 2018. Its solvency ranks better than 14% of 8,965 sector peers (NACE 46, financial year 2024). The company has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active Normal situation
Activity
Wholesale trade NACE 46713and 8 others
Establishment unit
2.000.905.508 1785 Merchtem, since 01-05-1967
Financial year end
31 December
Peppol
Reachable since 27-03-2026

Board and ownership

Board
  • MT Holding BVDirector
  • Edwin KronemeijerDirector
  • Michiel ThomasDirector

Financial position

38 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.2%
Annual accounts 2024
Gross margin
€777,677
▲ 57.6%
Turnover
≈ €4.0m
estimated
Profit
€131,614
▲ 24.8%
Equity
€410,331
▲ 47.2%
Total assets
€4.7m
▲ 35.7%
Staff
6.2 FTE
▲ 40.9%
2025 accounts not filed, 93 days past the deadline
Filed on 29-08-2025PDF
Score breakdownraises riskFigures for financial year 2024 (filed on 02-09-2025)Liquidity: current ratio 0.68, cash €5,682Equity €410,331 (8.7% of total assets)lowers riskFounded in 1968Show the evidence

Checked score

Score 2024
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 49% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2023
Average
Solvency 34+1
equity 8.7% of total assets
Liquidity 38-4
short-term debt 30.2% · cash 0.1%
Profitability 68+4
return on assets 2.8%
Bankruptcy probability within 12 months
5.2% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 1.8% 12-2024: 1.8%● unchanged vs 11-2024 01-2025: 1.8%● unchanged vs 12-2024 02-2025: 1.8%● unchanged vs 01-2025 03-2025: 1.8%● unchanged vs 02-2025 04-2025: 1.8%● unchanged vs 03-2025 05-2025: 1.8%● unchanged vs 04-2025 06-2025: 1.8%● unchanged vs 05-2025 07-2025: 2.3%▲ +0.5 percentage points vs 06-2025 08-2025: 3.3%▲ +1.0 percentage point vs 07-2025 09-2025: 3.9%▲ +0.6 percentage points vs 08-2025 10-2025: 1.2%▼ -2.7 percentage points vs 09-2025lowest value 11-2025: 1.2%● unchanged vs 10-2025lowest value 12-2025: 1.2%● unchanged vs 11-2025lowest value 01-2026: 1.2%● unchanged vs 12-2025lowest value 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.3%▲ +0.1 percentage points vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 2.7%▲ +1.4 percentage points vs 07-2026 09-2026: 3.3%▲ +0.6 percentage points vs 08-2026 10-2026: 5.2%▲ +1.9 percentage points vs 09-2026highest value
Credit of up to €15,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is insufficient, with a current ratio of 0.68 (0.73 in 2023), below 1. Short-term debt is 30.2% and cash 0.1% of total assets. 91.3% of the assets are financed with debt and provisions.
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 46, micro). It does better than 22% of them on solvency, 35% on liquidity, 50% on profitability and 87% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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

Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 02-09-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.68, cash €5,682
NBB · annual accounts
raises risk · Equity €410,331 (8.7% of total assets)
NBB · annual accounts
lowers risk · Founded in 1968
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 8965 sector peers (2024).
NBB · sector comparison
Position among 8965 sector peers
Solvency
better than 14%
← weakest strongest →
raises risk · 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, 93 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 29 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
29 days late
2023
35 days early
2022
24 days early
2021
54 days late
2020
1 day early
2019
10 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 6 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower solvency than 85% of companies in wholesale tradesector median 44.0% · 8,965 companies 8.7% View
  • Positive: Equity rose in 2024from €278,717 to €410,331 ▲ 47.2% View
  • Positive: 7 profitable years in a rowprofit 2024: €131,614 7 years View
  • Flemish supportawarded from 2023 to 2025 €349,209 View

Comparable companies

These companies have the same main activity as Thomas Hoogwerkers: wholesale trade (NACE 46713). They are comparable in size and age: total assets between €3.9m and €8.7m, founded between 1968 and 1995.

CompanyTotal assetsGross margin
Thomas Hoogwerkers Merchtem€4.7m€0.8m
AANHANGWAGENCENTRALE Arendonk€3.9m€0.9m
Caravan - Expo Ronse€8.7m€1.3m
Caravaning Verbeeck Gebrs. Beringen€4.3m€0.6m
Caravans A. Van de Ven Beveren-Kruibeke-Zwijndrecht€4.6m€0.7m
WILJAN GARAGE Merksplas€8.7m€1.2m
AMEEL TRAILERS & PARTS Roeselare€5.1m€0.8m
Full comparison

Documents

Annual accounts at the NBB

All 48 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Thomas Hoogwerkers

What is the company number of Thomas Hoogwerkers?
The company number of Thomas Hoogwerkers is 0400.752.035. The VAT number is the same number with BE in front: BE 0400.752.035.
Where is Thomas Hoogwerkers based?
The registered office is at Brusselsesteenweg 142, 1785 Merchtem.Company details
What does Thomas Hoogwerkers do?
According to the KBO register, the main activity is wholesale trade (NACE 46713).
What is the legal form of Thomas Hoogwerkers?
The legal form of Thomas Hoogwerkers is Private limited company (BV).
When was Thomas Hoogwerkers founded?
Thomas Hoogwerkers was founded on 01-01-1968.
Is Thomas Hoogwerkers still active?
Yes, Thomas Hoogwerkers is an active enterprise in the KBO register.
How many employees does Thomas Hoogwerkers have?
Thomas Hoogwerkers had an average of 6.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Thomas Hoogwerkers?
The turnover in financial year 2024 is ≈ €4.0m. This figure is estimated from the gross margin of €777,677 and 141 comparable companies (NACE 46). It probably lies between €2.5m and €6.7m.
Is Thomas Hoogwerkers profitable?
In financial year 2024, Thomas Hoogwerkers made a profit of €131,614.
Where can I find the annual accounts of Thomas Hoogwerkers?
Thomas Hoogwerkers filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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