THOMAS POL
ActiveSummary
The computed 12-month bankruptcy probability of THOMAS POL is 2.3% (moderate). The 2024 annual accounts show equity of €207,825 and a net result of €2,266. Equity is growing by ~22.2% per year across the filed fiscal years. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability70▼-3
Solvency100=
Growth51=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days only on tighter terms
Liquidity ample (current ratio 7.08 against 3.92 in 2023; short-term debt: 13.9% and cash: 93.6% of total assets), and 13.9% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-11-2025, 118 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
118 d late
2023
69 d late
2022
70 d late
2021
44 d late
2020
66 d late
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 71 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€143,072▲ 62.1%
2020 · €88,279
EBIT margin
42.7%▲ 22.9pp
2020 · 19.8%
Net result
€2,266▼ 75.6%
2023 · €9,277
Working capital
€204,474▲ 0.3%
2023 · €203,951
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€88,279▼ 15.8%€143,072▲ 62.1%
Operating result€17,468▲ 55.6%€61,083▲ 250%€84,789▲ 38.8%€33,775▼ 60.2%€10,521▼ 68.8%
Net result€13,743€55,041▲ 300%€65,441▲ 18.9%€9,277▼ 85.8%€2,266▼ 75.6%
EBIT margin19.8%▲ 9.1pp42.7%▲ 22.9pp
Equity€90,060▲ 18.0%€145,101▲ 61.1%€210,542▲ 45.1%€205,559▼ 2.4%€207,825▲ 1.1%
Total assets€109,320▲ 19.7%€169,706▲ 55.2%€254,609▲ 50.0%€275,364▲ 8.2%€241,429▼ 12.3%
Debt€19,260▲ 28.4%€24,606▲ 27.8%€44,067▲ 79.1%€69,805▲ 58.4%€33,605▼ 51.9%
Working capital€90,060▲ 18.0%€145,101▲ 61.1%€210,542▲ 45.1%€203,951▼ 3.1%€204,474▲ 0.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 69% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €241,429
Fixed assets
€3,351 ▲ 108%
Current assets
€238,079 ▼ 13.0%
Equity and liabilities €241,429
Equity
€207,825 ▲ 1.1%
Debt
€33,605 ▼ 51.9%
Debt's share of the balance-sheet total falls from 25.4% to 13.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11,107▼
2023 · €33,966
Cash flow
€2,851▼
2023 · €9,468
Current ratio
7.08▲
2023 · 3.92
Debt to equity
0.16▼
2023 · 0.34
ROE
1.1%▼
2023 · 4.5%
ROA
0.9%▼
2023 · 3.4%
Interest coverage
14.94▼
2023 · 74.33
Debt ≤ 1 year
€33,605▼
2023 · €69,805
Income taxes
€7,512▼
2023 · €24,041
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
2.2%
went bankrupt
3.8%
stopped otherwise
94%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 5,048 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €88,279 | €143,072 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €80,604 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €191 | €585 | ▲ 207% |
| Other operating charges640/8 | - | €3,521 | €2,567 | €2,122 | €1,986 | ▼ 6.4% |
| Gross operating margin9900 | €18,166 | €64,605 | €87,356 | €36,088 | €13,093 | ▼ 63.7% |
| Operating profit (loss)9901 | €17,468 | €61,083 | €84,789 | €33,775 | €10,521 | ▼ 68.8% |
| Financial charges65/66B | - | €64 | €139 | €457 | €744 | ▲ 62.7% |
| Recurring financial charges65 | €176 | €64 | €139 | €457 | €744 | ▲ 62.7% |
| Profit (loss) for the period before taxes9903 | €17,291 | €61,019 | €84,650 | €33,318 | €9,778 | ▼ 70.7% |
| Income taxes67/77 | €3,548 | €5,978 | €19,209 | €24,041 | €7,512 | ▼ 68.8% |
| Profit (loss) for the period9904 | €13,743 | €55,041 | €65,441 | €9,277 | €2,266 | ▼ 75.6% |
| Profit (loss) for the period to be appropriated9905 | €13,743 | €55,041 | €65,441 | €9,277 | €2,266 | ▼ 75.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €109,320 | €169,706 | €254,609 | €275,364 | €241,429 | ▼ 12.3% |
| Fixed assets21/28 | - | - | - | €1,608 | €3,351 | ▲ 108% |
| Tangible fixed assets22/27 | - | - | - | €1,608 | €3,351 | ▲ 108% |
| Furniture and vehicles24 | - | - | - | €1,608 | €3,351 | ▲ 108% |
| Current assets29/58 | €109,320 | €169,706 | €254,609 | €273,756 | €238,079 | ▼ 13.0% |
| Amounts receivable after more than one year29 | - | €12,000 | €12,000 | €12,000 | €12,000 | = |
| Other amounts receivable291 | - | €12,000 | €12,000 | €12,000 | €12,000 | = |
| Amounts receivable within one year40/41 | - | - | €978 | €13,284 | - | - |
| Trade receivables40 | - | - | €978 | €13,284 | - | - |
| Cash at bank and in hand54/58 | €96,717 | €157,706 | €241,631 | €248,472 | €226,079 | ▼ 9.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €109,320 | €169,706 | €254,609 | €275,364 | €241,429 | ▼ 12.3% |
| Equity10/15 | €90,060 | €145,101 | €210,542 | €205,559 | €207,825 | ▲ 1.1% |
| Contributions10/11 | - | €12,400 | €12,400 | - | - | - |
| Outside capital11 | - | €12,400 | €12,400 | - | - | - |
| Other1109/19 | - | €12,400 | €12,400 | - | - | - |
| Reserves13 | €14,860 | €61,860 | €101,860 | €100,000 | €100,000 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €60,000 | €100,000 | €100,000 | €100,000 | = |
| Profit (loss) carried forward14 | €62,800 | €70,841 | €96,282 | €105,559 | €107,825 | ▲ 2.1% |
| Amounts payable17/49 | €19,260 | €24,606 | €44,067 | €69,805 | €33,605 | ▼ 51.9% |
| Amounts payable within one year42/48 | €19,260 | €24,606 | €44,067 | €69,805 | €33,605 | ▼ 51.9% |
| Trade debts44 | €4,141 | €9,590 | €19,520 | €23,612 | €607 | ▼ 97.4% |
| Suppliers440/4 | - | €9,590 | €19,520 | €23,612 | €607 | ▼ 97.4% |
| Taxes, remuneration and social security45 | - | €15,000 | €20,000 | €23,000 | €23,000 | = |
| Taxes450/3 | - | €15,000 | €20,000 | €23,000 | €23,000 | = |
| Other amounts payable47/48 | - | €15 | €4,547 | €23,194 | €9,998 | ▼ 56.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,743 | €55,041 | €65,441 | €9,277 | €2,266 | ▼ 75.6% |
| + Depreciation and write-downs630 | - | - | - | €191 | €585 | ▲ 207% |
| Operating cash flow (approximation) | €13,743 | €55,041 | €65,441 | €9,468 | €2,851 | ▼ 69.9% |
| Investment in fixed assets (approximation) | - | - | - | - | -€2,328 | - |
| Change in cash | - | €60,990 | €83,925 | €6,841 | -€22,393 | ▼ 427% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 118 days late
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-12
Financial
Highest result since 2018net €65,441 ▲18.9%
Operating result €84,789, net result €65,441, both a record.
31-12
Financial
Equity above €200,000Eq €210,542 ▲45.1%
3 profitable years in a row build equity to €210,542.
13-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 44 days late
2021
31-12
Financial
Equity above €100,000Eq €145,101 ▲61.1%
2 profitable years in a row build equity to €145,101.
05-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 66 days late
2020
31-12
Financial
Back to profitnet €13,743
Net result €13,743 after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Weakest financial yearnet -€2,712
Net result drops to -€2,712, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2017
Ground area
583 m²
Building footprint
255 m²
Volume, LiDAR
2,688 m³
2 parcels, Brussels · tallest building 19.5 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Vandernootstraat 66, 1080 Sint-Jans-Molenbeek
since 20172.267.283.047
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0047/00B011 | Brussels | 306 m² | 1 · 193 m² | 19.4 m · 4 fl. |
| 21524C0049/00M002 | Brussels | 277 m² | 1 · 62 m² | 11.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded20-04-2017
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0674673503
Also
9925:BE0674673503
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.