Thomas Technical Solutions
ActiveSummary
Thomas Technical Solutions has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €197,042 and a net result of €31,634. Equity has been growing by about 20% per year since 2023. Its solvency ranks better than 85% of 34,972 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 21-09-2022 Normal situation
- Activity
- Plumbing work NACE 43221and 5 others
- Establishment unit
- 2.335.790.880 1840 Londerzeel, since 21-09-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 13-05-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €58,556
- ▼ 8.9%
- Turnover
- ≈ €230,000
- estimated
- Profit
- €31,634
- ▼ 5.8%
- Equity
- €197,042
- ▲ 19.1%
- Total assets
- €247,065
- ▲ 11.5%
Score breakdownraises riskFounded in 2022lowers riskLiquidity: current ratio 7.72, cash €136,589Equity €197,042 (79.8% of total assets)Figures for financial year 2025 (filed on 12-03-2026)Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 90% of them on solvency, 96% on liquidity, 68% on profitability and 67% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 100 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 12-03-2026 PDF all 3 filings
Every figure per financial year
The operating result for 2025 is 4% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €83,111 | €2,766 | €4,120 |
| Intangible fixed assets | €210 | - | - |
| Depreciation and write-downs of the year | €18,895 | €18,204 | €13,671 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 3 entries · €1,174 awarded · €1,174 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €555 | €555 |
| 2024 | 1 | €413 | €413 |
| 2022 | 1 | €206 | €206 |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,895 | €18,204 | €13,671 | ▼ 24.9% |
| Other operating charges640/8 | €1,251 | €2,353 | €2,935 | ▲ 24.8% |
| Gross operating margin9900 | €181,098 | €64,302 | €58,556 | ▼ 8.9% |
| Operating profit (loss)9901 | €160,953 | €43,745 | €41,949 | ▼ 4.1% |
| Financial income75/76B | €2,887 | €2,181 | €2,402 | ▲ 10.1% |
| Recurring financial income75 | €2,887 | €2,181 | €2,402 | ▲ 10.1% |
| Financial charges65/66B | €1,229 | €2,901 | €3,995 | ▲ 37.7% |
| Recurring financial charges65 | €1,229 | €2,901 | €3,995 | ▲ 37.7% |
| Profit (loss) for the period before taxes9903 | €162,610 | €43,026 | €40,355 | ▼ 6.2% |
| Income taxes67/77 | €35,782 | €9,446 | €8,721 | ▼ 7.7% |
| Profit (loss) for the period9904 | €126,828 | €33,580 | €31,634 | ▼ 5.8% |
| Transfer to tax-exempt reserves689 | €42,100 | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €84,728 | €33,580 | €31,634 | ▼ 5.8% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €208,589 | €221,576 | €247,065 | ▲ 11.5% |
| Fixed assets21/28 | €64,426 | €48,988 | €30,099 | ▼ 38.6% |
| Intangible fixed assets21 | €157 | €115 | €73 | ▼ 36.4% |
| Tangible fixed assets22/27 | €64,269 | €48,872 | €30,025 | ▼ 38.6% |
| Plant, machinery and equipment23 | €2,246 | €3,398 | €3,824 | ▲ 12.5% |
| Furniture and vehicles24 | €1,502 | €1,431 | €2,887 | ▲ 102% |
| Leasing and similar rights25 | €60,521 | €44,043 | €23,314 | ▼ 47.1% |
| Current assets29/58 | €144,162 | €172,588 | €216,967 | ▲ 25.7% |
| Amounts receivable after more than one year29 | €50,513 | €51,765 | €53,180 | ▲ 2.7% |
| Other amounts receivable291 | €50,513 | €51,765 | €53,180 | ▲ 2.7% |
| Stocks and contracts in progress3 | €10,777 | €6,387 | €2,554 | ▼ 60.0% |
| Stocks30/36 | €10,777 | €6,387 | €2,554 | ▼ 60.0% |
| Amounts receivable within one year40/41 | €10,403 | €16,567 | €24,441 | ▲ 47.5% |
| Trade receivables40 | €5,430 | €4,477 | €12,542 | ▲ 180% |
| Other amounts receivable41 | €4,974 | €12,090 | €11,899 | ▼ 1.6% |
| Cash at bank and in hand54/58 | €72,173 | €90,709 | €136,589 | ▲ 50.6% |
| Deferred charges and accrued income490/1 | €296 | €7,160 | €202 | ▼ 97.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €208,589 | €221,576 | €247,065 | ▲ 11.5% |
| Equity10/15 | €131,828 | €165,408 | €197,042 | ▲ 19.1% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €126,828 | €160,408 | €192,042 | ▲ 19.7% |
| Tax-exempt reserves132 | €42,100 | €42,100 | €42,100 | = |
| Distributable reserves133 | €84,728 | €118,308 | €149,942 | ▲ 26.7% |
| Amounts payable17/49 | €76,760 | €56,168 | €50,023 | ▼ 10.9% |
| Amounts payable after more than one year17 | €52,300 | €37,140 | €21,811 | ▼ 41.3% |
| Financial debts170/4 | €52,300 | €37,140 | €21,811 | ▼ 41.3% |
| Amounts payable within one year42/48 | €24,432 | €18,916 | €28,100 | ▲ 48.5% |
| Current portion of amounts payable after more than one year42 | €14,584 | €14,744 | €9,745 | ▼ 33.9% |
| Trade debts44 | €8,782 | €2,918 | €9,816 | ▲ 236% |
| Suppliers440/4 | €8,782 | €2,918 | €9,816 | ▲ 236% |
| Taxes, remuneration and social security45 | €815 | €1,254 | €8,539 | ▲ 581% |
| Taxes450/3 | €815 | €1,254 | €8,539 | ▲ 581% |
| Other amounts payable47/48 | €251 | €0 | - | - |
| Accrued charges and deferred income492/3 | €28 | €112 | €112 | ▲ 0.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €126,828 | €33,580 | €31,634 | ▼ 5.8% |
| + Depreciation and write-downs630 | €18,895 | €18,204 | €13,671 | ▼ 24.9% |
| Operating cash flow (approximation) | €145,723 | €51,784 | €45,306 | ▼ 12.5% |
| Investment in fixed assets (approximation) | - | -€2,766 | €5,218 | - |
| Change in cash | - | €18,536 | €45,880 | ▲ 148% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as Thomas Technical Solutions has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Thomas Technical Solutions itself is lower: 0.1% within 12 months. It rests on far more data about Thomas Technical Solutions than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for Thomas Technical Solutions. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- THYS Thomas Luc Francine 100 shares · €5,000
Capital transactions
- 23-09-2022 Incorporation · €5,000
- 23-09-2022 Incorporation · €5,000
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Algemene kosten los van representatie- reis- en verplaatsingskosten, algemene vergadering beslist of mandaat al dan niet ten kosteloze titel”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 23-09-2022 (in Dutch)
Network & group
Thomas Technical Solutions shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Thomas Technical Solutions. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
12-08
Gazette deed
Registered office moved from Gooik to LonderzeelNew seat: Eeckhout 2, 1840 Londerzeel · Previous seat: Kloosterstraat 31B, 1755 Gooik2 points ▸
- Board meeting, 10-07-2024
- Registered-office move, Eeckhout 2,1840 Londerzeel
23-09
Gazette deed
IncorporationStarting capital €5,000 · Appointment: THYS Thomas Luc Francine (director) · Founder13 points ▸
- Incorporation, “Thomas Technical Solutions” (deed in Dutch)
- Founder, THYS Thomas Luc Francine (comparant)
- Founding capital, €5,000, mentioned 2 times in the deed
- Other provision, 21-09-2022
- Share issue, “aandelen op naam”, 100 (deed in Dutch)
- Bank account, EUR, 100
- Other provision, “beschikking en boeking inbreng”, 5000 (deed in Dutch)
- Other provision, “vaststelling statuten, statuten luiden als volgt” (deed in Dutch)
- Other provision, “slot- en overgangsbepalingen uitwerking, in overeenstemming met de wet” (deed in Dutch)
- Registered office clause, “1755 Gooik, Kloosterstraat 31B” (deed in Dutch)
- Board rule, 1
- Director appointment, THYS Thomas Luc Francine (director)
- The act holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Thomas Technical Solutions was incorporated on 21 September 2022 as a private limited company by one natural person, with a starting capital of €5,000.12 The registered office was moved to Londerzeel in 2024.3 THYS Thomas Luc Francine is director of the company, appointed in the act of 23-09-2022.2 Total assets rose from €208,589 in 2023 to €247,065 in 2025.4
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Kloosterstraat 31B, 1755 Gooik until 01-07-2024 · act of 12-08-2024
Activities
NACEBEL 2025Codes under NACEBEL 2008
34 activities
- Plaatsing,reparatie en onderhoud van sanitaire installaties;
- Plaatsing,reparatie en onderhoud van verwarmingsinstallaties;
- Klein- en groothandel van sanitaire installaties,verwarmingsinstallaties en centrale installaties;
- Alle loodgieterswerk;
- Aan-en verkoop,plaatsing van installaties en leidingen voor klimaatregeling,koeling,ventilatie,luchtverversingsinstallaties,bevochtigings- en ontvochtigingsinstallaties en dit alles in de ruimste zin;
- Alsmede onderhoud,de reparatie en de aan- en verbouwingswerkzaamheden hiermee verband houden;
- Installatie van sanitaire apparaten,gasleidingen en gasaansluitingen,waterleidingen,stroomverdeelbuisleidingen,brandblusinstallaties en dergelijke sprinkler-installaties,beregeningsinstallaties voorgrasvelden,de reiniging en ontstopping van afvoerbuizen in gebouwen;
- Installatie van verwarmingssystemen op elektriciteit,gas of stookolie,met inbegrip van de installatie van leidingen,verwarmingsketels,apparatuur en leidingen voor ventilatie,koeling en klimaatregeling,koeltorens,niet-elektrische zonnecollectoren;
- Installatie van waterverzachters;
- Groot-en kleinhandel in materialen en toestellen die verband houden met voormelde activiteiten;
- Aanbrengen in gebouwen van thermisch isolatiemateriaal,isolatiemateriaal tegen geluid en trillingen;
- Installatie van industriële pijpleidingen en kanalisatie;
- Opruimen van bouwplaatsen en gebouwen
- Vervaardiging van elektrische apparatuur voor hoorbare of zichtbare signalen:bellen,sirenes,signaalborden,alarmapparatuur tegen diefstal of brand;
- Onderhouds- en herstellingswerken van mechanische aard voor rekening van derden;
- Reparatie van elektrische apparatuur;
- Aanleg van leidingen voor het vervoer en distributie van elektrische energie;
- Aanleg van telecommunicatielijnen en –netten;
- Elektrotechnische installatiewerken aan gebouwen;
- Onderneming voor de installatie van elektrische bedrading en toebehoren;
- Onderneming voor de installatie van bewakingssystemen en alarminstallaties tegen diefstal;
- Onderneming voor de installatie van elektrische verwarmingsinstallaties;
- Aanbrengen in gebouwen en andere bouwwerken van:thermische isolatiemateriaal – isolatiemateriaal tegen geluid en trillingen;
- Isolatiewerkzaamheden aan verwarmingsleidingen en leidingen van koelsystemen;
- Installatie van lichtreclames en uithangborden;
- Overige werkzaamheden in verband met de afwerking van gebouwen;
- Handelsbemiddeling in elektrische en elektronisch materiaal,inclusief installatiemateriaal voor industrieel gebruik;
- Reparatie van elektrische huishoudapparaten;
- Het uitvoeren van chapewerken,het leggen van chape;
- Het uitvoeren van plafonneer-,cementeer- en pleisterwerken;
- Het leggen van vloeren en het plaatsen van vloer- en wandtegels;
- Het uitvoeren van specifieke bouwactiviteiten zoals waterdichtingswerken,gevelreiniging,metsel-en voegwerken,restaureren van gebouwen,…;
- Schrijnwerk waaronder de montage van buiten- en binnenschrijnwerk van hout,metaal,gipsplaat of kunststof alsook de installatie van al dan niet verplaatsbare tussenwanden,bekleding van wanden,plafonds enzovoort;
- Het schilderen van gebouwen;
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0791.235.532
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23045D0440/00K000 | Flanders | 1,057 m² | 1 · 108 m² | 7.1 m · 1 |