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THOMAS Services

Active
Private limited companyfounded 201412 yrs activeMasta 8A, 4970 Stavelot, BelgiumKBO/BCE: BE 0550.676.621

THOMAS Services has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €41k and a net result of €3k. Equity is growing by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 29% of 4604 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Checked score

Score 2025
54 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+2
Solvency43▼-3
Growth85=
Track record100
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.62 against 0.99 in 2024; short-term debt: 39.1% and cash: 3.4% of total assets), and 81.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
2 d early
2023
1 d early
2022
21 d late
2021
3 d late
2020
13 d late
2019
6 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
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

Financials · fiscal year 2025, micro schema

Turnover
€214k▲ 10.7%
2024 · €193k
2019: €49k 2020: €52k 2021: €28k 2022: €83k 2023: €143k 2024: €193k
2019 → 2025
EBIT margin
2.5%▼ 1.6pp
2024 · 4.0%
2019: -15.7% 2020: -24.9% 2021: -5.9% 2022: 45.5% 2023: 0.8% 2024: 4.0%
2019 → 2025
Net result
€3k▼ 47.0%
2024 · €6k
2019: €-8k 2020: €-14k 2021: €-2k 2022: €36k 2023: €1k 2024: €6k
2019 → 2025
Working capital
€-33k▼ 2,922%
2024 · €-1k
2019: €3k 2020: €-9k 2021: €-7k 2022: €18k 2023: €4k 2024: €-1k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€28k-€83k▲ 193%€143k▲ 72.9%€193k▲ 35.0%€214k▲ 10.7%
Equity€-5k-€31k€32k▲ 3.2%€38k▲ 18.9%€41k▲ 8.4%
Operating result€-2k-€38k€1k▼ 97.1%€8k▲ 607%€5k▼ 31.8%
Net result€-2k-€36k€1k▼ 97.2%€6k▲ 504%€3k▼ 47.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20k€30k€40kOperating result 2021: €-2k€-2kNet result 2021: €-2k€-2kOperating result 2022: €38k€38kNet result 2022: €36k€36kOperating result 2023: €1k€1kNet result 2023: €1k€1kOperating result 2024: €8k€8kNet result 2024: €6k€6kOperating result 2025: €5k€5kNet result 2025: €3k€3k20212022202320242025
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €225k
Fixed assets €171k▲ 65.5%
Current assets €55k▼ 30.6%
Equity and liabilities €225k
Equity €41k▲ 8.4%
Debt €184k▲ 28.0%
The debt ratio rises from 79.1% to 81.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€32k
2024 · €24k
Cash flow
€30k
2024 · €23k
Solvency
18.3%
2024 · 20.9%
Current ratio
0.62
2024 · 0.99
Quick ratio
0.54
2024 · 0.91
Debt / equity
4.46
2024 · 3.78
ROE
7.8%
2024 · 15.9%
ROA
1.4%
2024 · 3.3%
Interest coverage
13.07
2024 · 13.76
Debt
€184k
2024 · €144k
Debt ≤ 1 year
€88k
2024 · €80k
Debt > 1 year
€96k
2024 · €64k
Staff costs
€31k
2024 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€182k€225k
Fixed assets21/28€103k€171k
Tangible fixed assets22/27€103k€170k
Plant, machinery and equipment23€14k€14k
Furniture and vehicles24€28k€109k
Leasing and similar rights25€61k€48k
Financial fixed assets28€135€135=
Current assets29/58€79k€55k
Stocks and contracts in progress3€6k€7k
Stocks30/36€6k€7k
Amounts receivable within one year40/41€53k€36k
Trade receivables40€53k€36k
Cash at bank and in hand54/58€17k€8k
Deferred charges and accrued income490/1€3k€4k
Equity and liabilities
Total equity and liabilities10/49€182k€225k
Equity10/15€38k€41k
Contributions10/11€19k€19k
Reserves13€57-
Distributable reserves133€57-
Profit (loss) carried forward14€19k€22k
Amounts payable17/49€144k€184k
Amounts payable after more than one year17€64k€96k
Financial debts170/4€32k€70k
Other amounts payable178/9€32k€26k
Amounts payable within one year42/48€80k€88k
Current portion of amounts payable after more than one year42€22k€34k
Trade debts44€22k€22k
Suppliers440/4€22k€22k
Taxes, remuneration and social security45€33k€30k
Taxes450/3€10k€5k
Remuneration and social security454/9€23k€25k
Other amounts payable47/48€2k€2k
Accrued charges and deferred income492/3€11€11=
Income statement Code20242025
Turnover70€193k€214k
Goods, raw materials, services and sundry goods60/61€139k€155k
Remuneration, social security and pensions62€23k€31k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€27k
Other operating charges640/8€7k€2k
Gross operating margin9900€54k€65k
Operating profit (loss)9901€8k€5k
Financial income75/76B€5€347
Recurring financial income75€5€347
Financial charges65/66B€2k€2k
Recurring financial charges65€2k€2k
Profit (loss) for the period before taxes9903€6k€3k
Profit (loss) for the period9904€6k€3k
Profit (loss) for the period to be appropriated9905€6k€3k
Appropriation of the result
Profit (loss) to be appropriated9906€19k€22k
Profit (loss) brought forward from the previous period14P€13k€19k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
30-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
29-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
30-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
21-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
31-03
Financial Back to profitnet €36k
Net result €36k after 3 loss-making years.
2021
03-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2020
13-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
31-03
Financial Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
2019
25-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
28-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
05-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
24-11
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Stavelot · 1 establishment unit since 2014
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Masta 8A4970 Stavelot
Ground area
2,779 m²
Building footprint
1,177 m²
Volume, LiDAR
5,667 m³
Parcel 63073C2539/02C000, Wallonia · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEJIKA TAX
Meiz-Route du Circuit 1, 4960 MalmedyManufacture of fabricated metal products, except machinery and equipment
since 20142.230.101.660
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63073C2539/02C000 Wallonia 2,779 m² 1 · 1,177 m² 6.9 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 6,686 companies in sector 49330 we hold annual accounts for 2,295. 1,906 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded16-04-2014
Fiscal year end31-03
Activities, NACEBEL
49320Taxi operation
49330On-demand passenger transport by chauffeured vehicle
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.