THOMAS STANDS
ActiveSummary
THOMAS STANDS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45k and a net result of €-1k. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 67% of 3489 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability25▼-63
Solvency93▲+6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 3.25 against 2.63 in 2024; short-term debt: 30.3% and cash: 14.1% of total assets), and 32.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67.9%
Return on assets
-2.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
25 d late
2024
1 d early
2023
9 d late
2022
14 d early
2021
6 d early
2020
2 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€45k▼ 4.6%
2024 · €48k
2018: €20k
2019: €23k▲ +14.2% vs 2018
2020: €28k▲ +21.8% vs 2019
2021: €18k▼ -36.3% vs 2020lowest in 8 years
2022: €25k▲ +41.6% vs 2021
2023: €33k▲ +28.5% vs 2022
2024: €48k▲ +45.2% vs 2023highest in 8 years
2025: €45k▼ -4.6% vs 2024
2018 → 2025
Total assets
€67k▼ 13.5%
2024 · €77k
2018: €58k
2019: €46k▼ -21.3% vs 2018lowest in 8 years
2020: €55k▲ +19.3% vs 2019
2021: €46k▼ -15.9% vs 2020
2022: €46k▲ +0.3% vs 2021
2023: €46k▼ -0.2% vs 2022
2024: €77k▲ +67.0% vs 2023highest in 8 years
2025: €67k▼ -13.5% vs 2024
2018 → 2025
Net result
€-1k
2024 · €16k
2018: €8k
2019: €3k▼ -63.6% vs 2018
2020: €5k▲ +75.7% vs 2019
2021: €-10k▼ -302% vs 2020lowest in 8 years
2022: €7k▲ +173% vs 2021
2023: €1k▼ -86.0% vs 2022
2024: €16k▲ +1395% vs 2023highest in 8 years
2025: €-1k▼ -109% vs 2024
2018 → 2025
Working capital
€46k▼ 4.8%
2024 · €48k
2018: €20k
2019: €28k▲ +35.8% vs 2018
2020: €30k▲ +7.7% vs 2019
2021: €19k▼ -36.9% vs 2020lowest in 8 years
2022: €41k▲ +121% vs 2021
2023: €33k▼ -20.7% vs 2022
2024: €48k▲ +46.0% vs 2023highest in 8 years
2025: €46k▼ -4.8% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18k-€25k▲ 41.6%€33k▲ 28.5%€48k▲ 45.2%€45k▼ 4.6%
2021: €18klowest in 5 years
2022: €25k▲ +41.6% vs 2021
2023: €33k▲ +28.5% vs 2022
2024: €48k▲ +45.2% vs 2023highest in 5 years
2025: €45k▼ -4.6% vs 2024
Operating result€-10k-€9k€4k▼ 51.9%€24k▲ 483%€17k▼ 29.8%
2021: €-10klowest in 5 years
2022: €9k▲ +188% vs 2021
2023: €4k▼ -51.9% vs 2022
2024: €24k▲ +483% vs 2023highest in 5 years
2025: €17k▼ -29.8% vs 2024
Net result€-10k-€7k€1k▼ 86.0%€16k▲ 1,395%€-1k
2021: €-10klowest in 5 years
2022: €7k▲ +173% vs 2021
2023: €1k▼ -86.0% vs 2022
2024: €16k▲ +1395% vs 2023highest in 5 years
2025: €-1k▼ -109% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 30% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €67k
Fixed assets
€929 ▲ 2,140%
Current assets
€66k ▼ 14.7%
Equity and liabilities €67k
Equity
€45k ▼ 4.6%
Debt
€21k ▼ 27.7%
Debt's share of the balance-sheet total falls from 38.4% to 32.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€17k
Cash flow
€-1k
Current ratio
3.25▲
2024 · 2.63
Quick ratio
2.82▲
2024 · 2.48
Debt to equity
0.47▼
2024 · 0.62
ROE
-3.0%▼
2024 · 33.0%
ROA
-2.1%▼
2024 · 20.3%
Interest coverage
1.01
Debt ≤ 1 year
€20k▼
2024 · €29k
Income taxes
€3k▼
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€77k€67k▼
Fixed assets21/28€41€929▲
Tangible fixed assets22/27-€887
Furniture and vehicles24-€887
Financial fixed assets28€41€41=
Current assets29/58€77k€66k▼
Stocks and contracts in progress3€4k€9k▲
Stocks30/36€4k€9k▲
Amounts receivable within one year40/41€41k€28k▼
Trade receivables40€26k€28k▲
Other amounts receivable41€15k-
Cash at bank and in hand54/58€4k€9k▲
Deferred charges and accrued income490/1€28k€20k▼
Equity and liabilities
Total equity and liabilities10/49€77k€67k▼
Equity10/15€48k€45k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€27k€25k▼
Amounts payable17/49€30k€21k▼
Amounts payable within one year42/48€29k€20k▼
Financial debts43-€689
Credit institutions430/8-€689
Trade debts44€16k€7k▼
Suppliers440/4€16k€7k▼
Taxes, remuneration and social security45€12k€10k▼
Taxes450/3€12k€10k▼
Other amounts payable47/48€859€3k▲
Accrued charges and deferred income492/3€328€1k▲
Income statement
Code20242025
Non-recurring operating income76A-€537
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€57
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€40
Other operating charges640/8€387€1k▲
Gross operating margin9900€24k€18k▼
Operating profit (loss)9901€24k€17k▼
Financial income75/76B€120€2k▲
Recurring financial income75€120€2k▲
Financial charges65/66B€188€17k▲
Recurring financial charges65€188€17k▲
Profit (loss) for the period before taxes9903€24k€2k▼
Income taxes67/77€8k€3k▼
Profit (loss) for the period9904€16k€-1k▼
Profit (loss) for the period to be appropriated9905€16k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€26k▼
Profit (loss) brought forward from the previous period14P€12k€27k▲
Profit to be distributed694/7€859€833▼
Return on contributions (dividend)694€859€833▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €537 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €2k | €788 | - | €57 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €40 | - |
| Other operating charges640/8 | €348 | €348 | €384 | €387 | €1k | ▲ 221% |
| Gross operating margin9900 | €-8k | €11k | €5k | €24k | €18k | ▼ 25.4% |
| Operating profit (loss)9901 | €-10k | €9k | €4k | €24k | €17k | ▼ 29.8% |
| Financial income75/76B | €38 | - | €749 | €120 | €2k | ▲ 1,325% |
| Recurring financial income75 | €38 | - | €749 | €120 | €2k | ▲ 1,325% |
| Financial charges65/66B | €276 | €503 | €122 | €188 | €17k | ▲ 8,845% |
| Recurring financial charges65 | €276 | €503 | €122 | €188 | €17k | ▲ 8,845% |
| Profit (loss) for the period before taxes9903 | €-10k | €8k | €5k | €24k | €2k | ▼ 92.6% |
| Income taxes67/77 | €219 | €610 | €4k | €8k | €3k | ▼ 62.3% |
| Profit (loss) for the period9904 | €-10k | €7k | €1k | €16k | €-1k | ▼ 109% |
| Profit (loss) for the period to be appropriated9905 | €-10k | €7k | €1k | €16k | €-1k | ▼ 109% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €46k | €46k | €46k | €77k | €67k | ▼ 13.5% |
| Fixed assets21/28 | €3k | €830 | €41 | €41 | €929 | ▲ 2,140% |
| Tangible fixed assets22/27 | €3k | €788 | - | - | €887 | - |
| Furniture and vehicles24 | €3k | €788 | - | - | €887 | - |
| Financial fixed assets28 | €41 | €41 | €41 | €41 | €41 | = |
| Current assets29/58 | €44k | €45k | €46k | €77k | €66k | ▼ 14.7% |
| Stocks and contracts in progress3 | €16k | €14k | €6k | €4k | €9k | ▲ 96.3% |
| Stocks30/36 | €16k | €14k | €6k | €4k | €9k | ▲ 96.3% |
| Amounts receivable within one year40/41 | €16k | €20k | €15k | €41k | €28k | ▼ 32.9% |
| Trade receivables40 | €15k | €20k | €13k | €26k | €28k | ▲ 6.2% |
| Other amounts receivable41 | €606 | €390 | €2k | €15k | - | - |
| Cash at bank and in hand54/58 | €7k | €9k | €8k | €4k | €9k | ▲ 149% |
| Deferred charges and accrued income490/1 | €5k | €2k | €16k | €28k | €20k | ▼ 27.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €46k | €46k | €46k | €77k | €67k | ▼ 13.5% |
| Equity10/15 | €18k | €25k | €33k | €48k | €45k | ▼ 4.6% |
| Contributions10/11 | €12k | €12k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | - | - | - |
| Distributable reserves133 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €4k | €11k | €12k | €27k | €25k | ▼ 8.1% |
| Amounts payable17/49 | €28k | €21k | €13k | €30k | €21k | ▼ 27.7% |
| Amounts payable after more than one year17 | €2k | €16k | - | - | - | - |
| Other amounts payable178/9 | €2k | €16k | - | - | - | - |
| Amounts payable within one year42/48 | €25k | €4k | €13k | €29k | €20k | ▼ 30.8% |
| Financial debts43 | - | - | - | - | €689 | - |
| Credit institutions430/8 | - | - | - | - | €689 | - |
| Trade debts44 | €20k | €2k | €8k | €16k | €7k | ▼ 57.8% |
| Suppliers440/4 | €20k | €2k | €8k | €16k | €7k | ▼ 57.8% |
| Taxes, remuneration and social security45 | €5k | €2k | €5k | €12k | €10k | ▼ 18.5% |
| Taxes450/3 | €5k | €2k | €5k | €12k | €10k | ▼ 18.5% |
| Other amounts payable47/48 | - | - | - | €859 | €3k | ▲ 224% |
| Accrued charges and deferred income492/3 | €848 | €852 | €64 | €328 | €1k | ▲ 247% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-10k | €7k | €1k | €16k | €-1k | ▼ 109% |
| + Depreciation and write-downs630 | €2k | €2k | €788 | - | €57 | - |
| Operating cash flow (approximation) | €-9k | €10k | €2k | €16k | €-1k | ▼ 108% |
| Investment in fixed assets (approximation) | - | €-776 | €0 | €0 | €-944 | - |
| Change in cash | - | €2k | €-877 | €-4k | €6k | ▲ 228% |
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
Next filing, fiscal year 2026, expected by
2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €16k ▲1,395%
Operating result €24k, net result €16k, both a record.
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 10.92
Current ratio from 1.75 to 10.92; short-term debt falls from €25k to €4k.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
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, Tubize · 1 establishment unit since 2017
Ground area
1,247 m²
Building footprint
182 m²
Volume, LiDAR
1,234 m³
Parcel 25077B0003/00N002, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
THOMAS STANDS
since 20172.362.633.948
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25077B0003/00N002 | Wallonia | 1,247 m² | 1 · 182 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
25490014QFLA4TIP2K05
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Of 1,235 companies in sector 74140 we hold annual accounts for 353. 286 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-07-2017
Fiscal year end31-12
Activities, NACEBEL 2025
74140Other specialised design activities
82100Office administrative and support services
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.