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Thomas PÖTGEN

Active
Private limited companyfounded 20251 yr activeIn den Siepen 38, 4700 Eupen, BelgiumKBO/BCE: BE 1021.450.382
Summary

Thomas PÖTGEN has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€8,027) and a net result of -€13,027. Its solvency ranks better than 19% of 12348 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Activity
Agents in the wholesale of industrial machinery, ships and aircraft
NACE 46140
1 site
Size
€246,830total assets 2025
Equity
-€8,027
Loss
-€13,027
Turnover not published (abridged schema)
Financial health
54 Fair Checked score 2025
Bankruptcy chance 12 m
1.2%
Structure
Accounts 3 d early0 of 1 deed read
Why 54Capped at 59: negative equity- Founded in 2025- Negative equity -€8,027+ Size: total assets €246,830+ Liquidity: current ratio 0.43, cash €44,539Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 24% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength
Weak
Solvency 22
equity -3.3% of total assets
Liquidity 25
short-term debt 85.4% · cash 18.0%
Profitability 40
return on assets -5.3%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,775 companies)
Last 24 months 04-2026: 1.6% 05-2026: 1.6%● 0.0% vs 04-2026 06-2026: 1.7%▲ +4.9% vs 05-2026 07-2026: 2.0%▲ +17.1% vs 06-2026highest value 08-2026: 1.2%▼ -39.3% vs 07-2026lowest value 09-2026: 1.2%▲ +1.7% vs 08-2026 10-2026: 1.2%● 0.0% vs 09-2026
  • Size: total assets €246,830 lowers the probability for this profile
  • Founded in 2025 raises the probability for this profile
  • Negative equity -€8,027 raises the probability
  • Liquidity: current ratio 0.43, cash €44,539 lowers the probability
No credit on open account
Liquidity short (current ratio 0.43; short-term debt: 85.4% and cash: 18% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 15%, liquidity 23%, profitability 32%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €246,830
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Founded in 2025
In the bankruptcy model this factor raises the probability for this profile.
KBO
raises risk · Negative equity -€8,027
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.43, cash €44,539
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
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 28-07-2026, 3 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
3 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€8,027 View
  • Caution: Among the weakest 15% on net resultsector median €5,605 · 12,356 companies -€13,027 View
  • Total assets 2025first fiscal year filed €246,830 View

By topic

Financials

Fiscal year
2025
Total assets
€246,830
Loss
-€13,027
Solvency
-3.3%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Agents in the wholesale of industrial machinery, ships…NACE 46140
Founded
25-03-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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