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THOMAS WALTHERE CONSTRUCTIONS GENERALES

Active
Private limited company (pre-2019)founded 2003active for 23 yearsXhoffraix-Rue du Haut Village 54, 4960 Malmedy, BelgiumKBO/BCE: BE 0859.957.854
Summary

THOMAS WALTHERE CONSTRUCTIONS GENERALES has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€56,181) and a net result of €2,274. Equity has been growing by about 19% per year since 2018. Its solvency ranks better than 7% of 9,399 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

THOMAS WALTHERE CONSTRUCTIONS GENERALESActiveChecked score 55/100

Overview

Official details

Source: KBO
Status
Active since 05-08-2003 Normal situation
Activity
General construction of residential buildings NACE 41001and 1 other
Establishment unit
2.132.704.356 4960 Malmedy, since 18-07-2003
Financial year end
31 December
Peppol
Reachable since 09-12-2025

Board and ownership

Board
  • THOMAS WalthereDirector · since 01-07-2003

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
€50,215
▲ 107%
Turnover
≈ €260,000
estimated
Profit
€2,274
Equity
-€56,181
▲ 3.9%
Total assets
€171,765
▼ 13.0%
Employees on 31-12-2025
1
=
  • Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equitySector: Construction of residential and non-residential buildings (NACE 41)Negative equity -€56,1811 of the last 3 accounts latelowers riskLiquidity: current ratio 26.18, cash €99,078Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 47% of micro companies in construction of buildings (NACE 41)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 0=
equity -32.7% of total assets
Liquidity 100+5
short-term debt 3.6% · cash 57.7%
Profitability 70+67
return on assets 1.3%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,457 companies, NACE 41, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.3%▼ -0.1 percentage points vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025lowest value 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.1 percentage points vs 07-2025 09-2025: 0.5%▲ +0.1 percentage points vs 08-2025 10-2025: 1.5%▲ +1.0 percentage point vs 09-2025highest value 11-2025: 1.5%● unchanged vs 10-2025highest value 12-2025: 1.5%● unchanged vs 11-2025highest value 01-2026: 1.4%▼ -0.1 percentage points vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.3%▼ -0.1 percentage points vs 02-2026 04-2026: 1.3%● unchanged vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.2%▼ -0.1 percentage points vs 05-2026 07-2026: 1.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.7%▼ -0.6 percentage points vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026 11-2026: 0.7%● unchanged vs 10-2026
No credit on open account
Liquidity is ample, with a current ratio of 26.18 (5.11 in 2024), above the usual 1.5. Short-term debt is 3.6% and cash 57.7% of total assets. However, equity is negative.
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 41, micro). It does better than 3% of them on solvency, 99% on liquidity, 43% on profitability and 44% on growth.

The bankruptcy probability was computed on 04-11-2026 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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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Negative equity -€56,181
NBB · annual accounts
lowers risk · Liquidity: current ratio 26.18, cash €99,078
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 9399 sector peers (2025).
NBB · sector comparison
Position among 9399 sector peers
Solvency
better than 7%
← weakest strongest →
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 days early
2024
31 days late
2023
5 days early
2022
33 days early
2021
6 days early
2020
27 days late
2019
35 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€56,181 View
  • Caution: Less equity than 95% of companies in construction of buildingssector median €45,644 · 9,402 companies -€56,181 View

Recent changes

  1. · Gazette deed Resignations & appointmentsDirector in office: THOMAS Walthere
  2. · Gazette deed Incorporation
All 20 events

Comparable companies

These companies have the same main activity as THOMAS WALTHERE CONSTRUCTIONS GENERALES: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €171,000 and €200,000, founded between 2002 and 2005.

CompanyTotal assetsGross margin
THOMAS WALTHERE CONSTRUCTIONS GENERALES Malmedy€171,765€50,215
TERRE PROVENCE Esneux€170,870€43,391
BECT, L'ARTISAN DE L'HABITAT Herstal€199,879€58,138
JEAN BLOEMEN Oudsbergen€179,551€52,448
SABBE JOHAN Wevelgem€182,763€46,141
Algemene Renovatiewerken De Bisschop Lierde€183,893€47,926
IMPERIUM CARE Aarschot€179,209€57,776
Full comparison

Key facts about THOMAS WALTHERE CONSTRUCTIONS GENERALES

What is the company number of THOMAS WALTHERE CONSTRUCTIONS GENERALES?
The company number of THOMAS WALTHERE CONSTRUCTIONS GENERALES is 0859.957.854. The VAT number is the same number with BE in front: BE 0859.957.854.
Where is THOMAS WALTHERE CONSTRUCTIONS GENERALES based?
The registered office is at Xhoffraix-Rue du Haut Village 54, 4960 Malmedy.Company details
What does THOMAS WALTHERE CONSTRUCTIONS GENERALES do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of THOMAS WALTHERE CONSTRUCTIONS GENERALES?
The legal form of THOMAS WALTHERE CONSTRUCTIONS GENERALES is Private limited company (pre-2019) (BVBA).
When was THOMAS WALTHERE CONSTRUCTIONS GENERALES founded?
THOMAS WALTHERE CONSTRUCTIONS GENERALES was founded on 05-08-2003.
Is THOMAS WALTHERE CONSTRUCTIONS GENERALES still active?
Yes, THOMAS WALTHERE CONSTRUCTIONS GENERALES is an active enterprise in the KBO register.
How many employees does THOMAS WALTHERE CONSTRUCTIONS GENERALES have?
THOMAS WALTHERE CONSTRUCTIONS GENERALES had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of THOMAS WALTHERE CONSTRUCTIONS GENERALES?
The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €50,215 and 108 comparable companies (NACE 41001). It probably lies between €180,000 and €450,000.
Is THOMAS WALTHERE CONSTRUCTIONS GENERALES profitable?
In financial year 2025, THOMAS WALTHERE CONSTRUCTIONS GENERALES made a profit of €2,274.
Where can I find the annual accounts of THOMAS WALTHERE CONSTRUCTIONS GENERALES?
THOMAS WALTHERE CONSTRUCTIONS GENERALES filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of THOMAS WALTHERE CONSTRUCTIONS GENERALES due?
THOMAS WALTHERE CONSTRUCTIONS GENERALES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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