THOMAS PARTHOENS · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of THOMAS PARTHOENS is 2.5% (moderate). The 2025 annual accounts show equity of €76k and a net result of €887. Equity is growing by ~40.4% per year across the filed fiscal years. Its solvency ranks better than 36% of 2873 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

2 signals · with evidence

Consistently profitable

Positive net result in the two most recent financial years (2024 and 2025).

View the result trend

Growing equity

Equity grew over 2023-2025. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-05-2026, 63 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

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.

How we compute the deadline

The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	29-05-2026	63 d early	2026-00125104
31-12-2024	31-07-2025	31-07-2025	on the day	2025-00343528
31-12-2023	31-07-2024	08-04-2024	114 d early	2024-00058752
31-12-2022	31-07-2023	25-06-2023	36 d early	2023-00154462

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

2.5% Moderate

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate sector +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€887-97.7%

Working capital€-6k+51.1%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 29-05-2026 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~40.4%/year over 4 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 43, Specialised construction · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	30.5%	43.4%	better than 36% of 2873 sector peers
Net result	€887	€13k	better than 20% of 2872 sector peers
Equity	€76k	€44k	better than 69% of 2873 sector peers
Gross operating margin	€65k	€39k	better than 66% of 2870 sector peers
Total assets	€248k	€115k	better than 77% of 2873 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P36

Stable position over 2022-2025 · n=2873-11087

Net result P20

Stable position over 2022-2025 · n=2872-11069

Equity P69

Improving position over 2022-2025 · n=2873-11090

Gross operating margin P66

Improving position over 2022-2025 · n=2870-11060

Describes the position versus peers, not a forecast.

EBITDA

€63k

-35.3% 22-25

Net profit

€887

-97.7% 22-25

Cash flow

€55k

-33.1% 22-25

Total assets

€248k

-8.2% 22-25

Equity

€76k

+1.2% 22-25

Working capital

€-6k

+51.1% 22-25

Income taxes

€873

-90.6% 22-25

Debt

€172k

-11.8% 22-25

Debt ≤ 1y

€92k

+1.1% 22-25

Debt > 1y

€80k

-23.1% 22-25

Current ratio

0.93

+8.5% 22-25

Quick ratio

0.93

+8.5% 22-25

Solvency

30.5%

+10.2% 22-25

Debt / equity

2.28

-12.8% 22-25

ROE

1.2%

-97.7% 22-25

ROA

0.4%

-97.5% 22-25

Interest coverage

9.19

-48.6% 22-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	€63k
Net profit	€887
Cash flow	€55k
Staff costs	-
Income taxes	€873
Dividends	-
Total assets	€248k
Equity	€76k
Debt	€172k
of which ≤ 1y	€92k
of which > 1y	€80k
Working capital	€-6k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	0.93
Quick ratio	0.93
Working capital ratio	-2.5%
Solvency	30.5%
Debt / equity	2.28
Long-term debt ratio	1.06
Interest coverage	9.19
Gross margin	-
Net margin	-
ROA	0.4%
ROE	1.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €162k · 65.3% Current assets €86k · 34.7%

Equity & liabilities

Equity €76k · 30.5% Debt €172k · 69.5%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€248k
Fixed assets	21/28	€162k
Tangible fixed assets	22/27	€161k
Financial fixed assets	28	€500
Current assets	29/58	€86k
Amounts receivable within one year	40/41	€71k
Cash & bank	54/58	€10k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€248k
Equity	10/15	€76k
Contributions / capital	10/11	€25k
Accumulated profits (losses)	14	€51k
Amounts payable	17/49	€172k
Amounts payable after one year	17	€80k
Amounts payable within one year	42/48	€92k
Trade debts payable within one year	44	€22k
Income statement
Gross operating margin	9900	€65k
Operating result	9901	€9k
Financial income	75	€31
Financial charges	65	€7k
Result before taxes	9903	€2k
Income taxes	67/77	€873
Net result for the period	9904	€887
Result to be appropriated	9905	€887

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

51 / 100 Fair

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

Establishment units

1 location

THOMAS PARTHOENS

Rue Henry-François Hensay 11, 4861 PepinsterSnoeien van fruitbomen en wijnstokken

since 20222.334.078.039

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area800 m²

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
63071A0399/00N000	Wallonia	800 m²	-	-

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes

50 / 100

Mixed profile: strong on stability, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 51

Profitability 6

Solvency 46

Growth 52

Stability 94

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