THOMAS VAN ERCK
ActiveTHOMAS VAN ERCK has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66k and a net result of €-13k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 84% of 139 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
52
/ 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
Profitability0=
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 7.09 against 9.12 in 2024; short-term debt: 12.4% and cash: 8.2% of total assets), and 12.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 51
Relative position
BE, all sectors
reference
Sector 51
higher
← 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
87.6%
Return on assets
-16.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year €-13k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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 · 5 filingsDeviation from the deadline
2025
11 d late
2024
27 d late
2023
19 d late
2022
46 d early
2021
33 d early
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€66k▼ 16.1%
2024 · €79k
2021: €48k
2022: €86k
2023: €96k
2024: €79k
2021 → 2025
Total assets
€76k▼ 13.8%
2024 · €88k
2021: €87k
2022: €103k
2023: €103k
2024: €88k
2021 → 2025
Net result
€-13k▲ 24.6%
2024 · €-17k
2021: €45k
2022: €37k
2023: €10k
2024: €-17k
2021 → 2025
Working capital
€57k▼ 19.2%
2024 · €71k
2021: €36k
2022: €75k
2023: €85k
2024: €71k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€48k-€86k▲ 77.1%€96k▲ 11.6%€79k▼ 17.6%€66k▼ 16.1%
Operating result€61k-€50k▼ 17.0%€12k▼ 75.5%€-17k€-14k▲ 22.1%
Net result€45k-€37k▼ 17.8%€10k▼ 73.3%€-17k€-13k▲ 24.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2025 against €17k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76k
Fixed assets
€9k▲ 10.1%
Current assets
€66k▼ 16.2%
Equity and liabilities €76k
Equity
€66k▼ 16.1%
Debt
€9k▲ 7.7%
The debt ratio rises from 9.9% to 12.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-10k▲
2024 · €-15k
Cash flow
€-9k▲
2024 · €-15k
Solvency
87.6%▼
2024 · 90.1%
Current ratio
7.09▼
2024 · 9.12
Quick ratio
5.92▼
2024 · 8.31
Debt / equity
0.14▲
2024 · 0.11
ROE
-19.2%▲
2024 · -21.4%
ROA
-16.8%▲
2024 · -19.3%
Interest coverage
-70.13▲
2024 · -92.14
Debt
€9k▲
2024 · €9k
Debt ≤ 1 year
€9k▲
2024 · €9k
Income taxes
€356▲
2024 · €208
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€88k€76k▼
Fixed assets21/28€8k€9k▲
Intangible fixed assets21€1k€999▼
Tangible fixed assets22/27€7k€8k▲
Plant, machinery and equipment23€3k€5k▲
Furniture and vehicles24€4k€3k▼
Current assets29/58€79k€66k▼
Amounts receivable after more than one year29€11k€12k▲
Other amounts receivable291€11k€12k▲
Stocks and contracts in progress3€7k€11k▲
Contracts in progress37€7k€11k▲
Amounts receivable within one year40/41€22k€36k▲
Trade receivables40€0€8k▲
Other amounts receivable41€22k€29k▲
Cash at bank and in hand54/58€39k€6k▼
Deferred charges and accrued income490/1€688€1k▲
Equity and liabilities
Total equity and liabilities10/49€88k€76k▼
Equity10/15€79k€66k▼
Contributions10/11€3k€3k=
Reserves13€93k€93k=
Distributable reserves133€93k€93k=
Profit (loss) carried forward14€-17k€-30k▼
Amounts payable17/49€9k€9k▲
Amounts payable within one year42/48€9k€9k▲
Trade debts44€4k€8k▲
Suppliers440/4€4k€8k▲
Taxes, remuneration and social security45€5k€1k▼
Taxes450/3€5k€1k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€2k€647▼
Gross operating margin9900€-13k€-10k▲
Operating profit (loss)9901€-17k€-14k▲
Financial income75/76B€992€1k▲
Recurring financial income75€992€1k▲
Financial charges65/66B€166€148▼
Recurring financial charges65€166€148▼
Profit (loss) for the period before taxes9903€-17k€-12k▲
Income taxes67/77€208€356▲
Profit (loss) for the period9904€-17k€-13k▲
Profit (loss) for the period to be appropriated9905€-17k€-13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-30k▼
Profit (loss) brought forward from the previous period14P-€-17k
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €-17k ▼269%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 13.17
Current ratio from 5.37 to 13.17; short-term debt falls from €17k to €7k.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity triplescurrent ratio 5.37
Current ratio from 1.95 to 5.37; short-term debt falls from €38k to €17k.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Lille · 1 establishment unit since 2021
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.
De Nefstraat 342275 LilleGround area
1,052 m²
Building footprint
360 m²
Volume, LiDAR
2,421 m³
2 parcels, Flanders · tallest building 13.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
THOMAS VAN ERCK
since 20212.311.583.145
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13009C0658/00W003 | Flanders | 910 m² | 1 · 203 m² | 11.5 m · 2 fl. |
| 13009C0658/00N002 | Flanders | 142 m² | 1 · 157 m² | 13.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 453 companies in sector 51100 we hold annual accounts for 170. 124 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-01-2021
Fiscal year end31-12
Activities, NACEBEL
51100Air transport
51210Air transport
52230Warehousing and support activities for transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.