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THONIS

Active Private limited companyfounded 2019active for 7 yearsKempische Kaai 75, 3500 HasseltKBO/BCE: BE 0736.587.712

Overview

Lifetime

6 annual accounts with figures on one time axis
peak €420 (2021)
-€8,222▼ €7,171
lowest -€8,353 (2025)
-€8,353▼ €7,201
peak €3,616 (2021)
-€12,955▼ €8,353
€7.0m▲ 14.8%
Board4 names since 2019
4 directors and 3 others
Owners2 names in the annual accounts
50% and 1 other
Documentsfilings and deeds
17-06-202644 days before the deadline
2025abbreviated format
Gross margin from -€1,052 to -€8,222Loss of €8,353Equity from -€4,602 to -€12,955Cash from €648,041 to €36,482

Key points

from the 2025 annual accounts

Equity

-€12,955
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€16,571 in four years
-9012022-6,1652023-1,1522024-8,3532025

Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.

Debts

€7.0m 100% of the balance sheet
Financial debts 27%Suppliers 0%Other 73%

Of this, €7.0m falls due within a year.

Filings

6 annual accounts since 2020
AprilJune31 JulyOctober202020222024

The last five annual accounts were filed 28 to 44 days before the end of the period.

Position in the sector

-€12,955

Less equity than 85% of companies in real estate. Sector median €300,015 · 11,302 companies.

Turnover not published (abbreviated format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 111 companies had the same profile as THONIS has now. Each dot is one company, two years later.

96.4%
were still trading
2.7%
stopped another way
0.0%
went bankrupt
  • Medium-sized
  • 5 to 10 years old
  • negative equity
  • a small loss

Another 0.9% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 111 companies, not a prediction for THONIS. 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.

Credit verdict

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 14-10-2019
Director, , since 14-10-2019
Director, since 14-10-2019
Director, since 14-10-2019
  • 50%score equity €54,864 (2025) · 2025 annual accounts of
  • 25%score equity €4.4m (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0736587712
Incorporation Founding capital of €10,000, 100 shares · Founders: , and · Appointments: (class A director), (class A director), (class B director) and (class C director) · published on 23-10-2019 · Gazette deed
First establishment Kempische Kaai 75, Hasselt
All 11 events

Comparable companies

same main activity, similar in size and age
Company
THONIS Hasselt €7.0m -€8,222 -0.2% -
VGV INVEST Hasselt €7.4m -€11,493 -8.5% -
HAVETTE CONSTRUCT Liège €7.0m -€176,673 -6.0% -
WEYLERKAZERNE Bruges €6.5m -€9,850 0.1% 0
BOOST DEVELOPMENT Lasne €6.9m -€180,258 -10.3% -
Clarisse for Life Antwerp €8.0m -€83,762 -11.7% -
EVEREST URBAN LIVING Dendermonde €6.5m -€142,324 19.5% 0

These companies have the same main activity as THONIS: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €6.5m and €8m, founded between 2018 and 2020.

Official details

Source: KBO
Status
Active since 21-10-2019Normal situation
Registered office
29 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 11 November 2026.
Activity
Development of residential building projectsNACE 68121and 1 other
Establishment unit
2.295.684.5483500 Hasselt, since 21-10-2019
Financial year end
31 December
Peppol
Reachable since 15-10-2025
Company details

Annual accounts 2025

-€8,222▼ 682%
€8,353▲ 625%
-€12,955▼ 182%
€7.0m▲ 14.7%
Filing
Filed on 17-06-2026, 44 days before the end of the filing period
Financials

Insights on THONIS

THONIS files the abbreviated format. That format states no turnover. The gross margin fell from -€5,690 in 2020 to -€8,222 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

abbreviated format, filed on 17-06-2026, 44 days before the deadline
-€8,222
▼ €7,171
-€8,222
▼ €7,070
-€8,353
▼ €7,201
-€5,554
▼ €13,961
-0.2%
▼ 0.1 percentage points
1.00
▼ 0.00

Turnover and EBIT margin are not published. The abbreviated format does not require them.

Balance sheet

balance sheet total €7.0m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

-0.2%

Higher than 17% of 11,297 companies in 2025.

1.00

Higher than 44% of 10,849 companies in 2025.

-0.1%

Higher than 38% of 11,182 companies in 2025.

THONIS Middle half of the sector 80% of the sector Abbreviated accounts in real estate (NACE 68)

Net result: middle half · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020
Balance sheet: assets
20/58 7.0m6.1m3.6m2.8m2.3m2.2m
29/58 7.0m6.1m3.6m2.8m2.3m2.2m
3 6.3m4.1m1.2m462,57945,085-
30/36 6.3m4.1m1.2m462,57945,085-
40/41 710,8711.4m2.4m2.3m2.3m2.2m
40 33,07816,3652,7561,870--
41 677,7931.4m2.4m2.3m2.3m2.2m
54/58 36,482648,04136,77714,47411,5535,847
Balance sheet: equity and liabilities
10/49 7.0m6.1m3.6m2.8m2.3m2.2m
10/15 -12,955-4,602-3,4492,7153,6163,259
10/11 10,00010,00010,00010,00010,00010,000
14 -22,955-14,602-13,449-7,285-6,384-6,741
17/49 7.0m6.1m3.6m2.8m2.3m2.2m
42/48 7.0m6.1m3.6m2.8m2.3m2.2m
43 1.9m3.3m2.9m2.5m2.2m2.2m
430/8 1.9m3.3m2.9m2.5m2.2m2.2m
44 21,366181,748396,5935,099204352
440/4 21,366181,748396,5935,099204-
441 -----352
46 4.4m2.3m50,00050,000--
45 -125,942----
450/3 -125,942----
47/48 711,000226,000226,000226,000124,80038,300
492/3 7,40113,00913,6256,4695,7395,095
Income statement
9900 -8,222-1,052-6,103-839420-5,690
640/8 -10162626262
9901 -8,222-1,153-6,165-901358-5,752
75/76B 10-0-0
75 10-0-0
65/66B 1320--0990
65 1320--0990
9903 -8,353-1,152-6,165-901357-6,741
9904 -8,353-1,152-6,165-901357-6,741
9905 -8,353-1,152-6,165-901357-6,741
Appropriation of the result
9906 -22,955-14,602-13,449-7,285-6,384-6,741
14P -14,602-13,449-7,285-6,384-6,741-
Document PDFPDFPDFPDFPDFPDF

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 17-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 17-06-2026 2026-00174187 PDF
31-12-2024 abbreviated format 19-06-2025 2025-00159127 PDF
31-12-2023 abbreviated format 17-06-2024 2024-00139489 PDF
31-12-2022 abbreviated format 21-06-2023 2023-00149291 PDF
31-12-2021 abbreviated format 03-07-2022 2022-20139173 PDF
31-12-2020 abbreviated format 30-06-2021 2021-27700087 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020
-611,559611,26422,3032,9215,706-
-5,5548,40710,1769,1849,3558,354
-0.2%-0.1%-0.1%0.1%0.2%0.1%
1.001.001.001.001.001.00
0.110.330.680.840.981.00
----33.2%9.9%-206.9%
-0.1%0.0%-0.2%0.0%0.0%-0.3%

A ratio outside any meaningful range has been withheld (balance sheet total €7.0m, equity -€12,955).

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on THONIS

The operating result for 2025 is a loss of €8,222, larger than the loss of €1,153 in 2024. It is the lowest result since 2020.

Equity is negative. Debt (€7.0m) exceeds the balance-sheet total (€7.0m).

Board & ownership

Board

4 directors, since incorporation
Class C director, permanent representative
since 14-10-2019 term without a fixed end
listed in the 2025 annual accounts, filed on 17-06-2026
Class A director, permanent representative
since 14-10-2019 term without a fixed end
listed in the 2025 annual accounts, filed on 17-06-2026
Class B director
since 14-10-2019 term without a fixed end
listed in the 2025 annual accounts, filed on 17-06-2026
Class A director, permanent representative
since 14-10-2019 term without a fixed end
also on the board of 5 other companies
listed in the 2025 annual accounts, filed on 17-06-2026
1 other company bankrupt
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 14. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
deed of 23-10-2019
Permanent representatives 3
Permanent representative, for
appointed by deed of 23-10-2019
Permanent representative, for
appointed by deed of 23-10-2019
Permanent representative, for

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today

Class C director

Class A director

Class B director

Class A director
Board
Mandates as a list
    • Class C director, from 14-10-2019 to date
    • Class A director, from 14-10-2019 to date
    • Class B director, from 14-10-2019 to date
    • Class A director, from 14-10-2019 to date

See the board, name and registered office on a given date →

Control

Shareholder
Equity €54,864
Loss €11,610 in 2025 (loss €42,286 in 2024)
Checked score
50%
This company
THONIS
Equity -€12,955
Loss €8,353 in 2025

and 1 other shareholder

Capital

Contribution
€10,000
Shares
100
Contribution per share
€100
Equity per share
-€130 in 2025
Source
deed of 23-10-2019

Owners through the years

as the annual accounts name them
50%
25%
Owners as a list
    • 2025: 50%
    • 2019 to 2025: 25%

Source: lists of holdings in the owners' accounts

Articles of association

deed of 23-10-2019 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
4 directors
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
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen, indien geen andere vereffenaar benoemd”

Shareholders

2 owners

Owners 2

  • Equity €54,864 Loss of €11,610 in 2025 (loss of €42,286 in 2024) Checked score
    Sourceaccounts 2025
    50%
  • Equity €4.4m Profit of €415,304 in 2025 (loss of €837,943 in 2024) Checked score
    Sourceaccounts 2025
    25%

Capital transactions

Shareholders according to the deeds
At incorporation deed of 23-10-2019 ↗
  • 50 shares (50%) · €5,000
  • 25 shares (25%) · €2,500
  • 25 shares (25%) · €2,500
Capital over time
  1. 23-10-2019 Incorporation · €10,000 · 100 shares

The directors' other companies

1 current director with another company that went bankrupt, was dissolved or struck off

1 other company of this director went bankrupt (2024).

  • bankruptcy on 05-12-2024mandate until 2020

Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.

Network & group

No group

THONIS has no parent and no holdings in its annual accounts.

At the same address

Kempische Kaai 75, 3500 Hasselt · 28 other companies
DOCKLANDS
registered office since 13-12-2013 · founded in 2013
turnover €4.0m (2025)
0543.268.393
STEPS INVEST
registered office since 26-01-2010 · founded in 2010
total assets €19.8m (2025)
0822.731.927
ALSOCO
registered office since 24-05-1988 · founded in 1988
total assets €15.9m (2025)
0433.975.426
LIVE LAUD
registered office since 10-06-2008 · founded in 2008
3.8 FTE (2025)
0898.510.307
MONTAGNA
registered office since 06-09-2022 · founded in 2022 · negative equity (2025)
total assets €4.0m (2025)
0790.486.157
HABITALE
registered office since 06-09-2022 · founded in 2022 · negative equity (2025)
total assets €3.7m (2025)
0790.485.761
B.A. INVEST
registered office since 02-03-1994 · founded in 1990
total assets €3.6m (2025)
0442.046.519
AVONDTROODT
registered office since 14-07-2015 · founded in 2015
total assets €3.3m (2025)
0633.839.669
Immersimmo
registered office since 18-08-2021 · founded in 2021
total assets €3.0m (2025)
0772.652.213
LIVILA
registered office since 20-09-2024 · founded in 2024
total assets €2.6m (2025)
1013.826.776
and 18 more

Connections & network

14 connected companies
Depth
Shared corporate director Shared corporate director Shared corporate director Shared corporate director Shared corporate director Shared corporate director Shared corporate director Shared corporate director Shared corporate director Shared corporate director Shared corporate director Shared corporate director Shared corporate director Shared corporate director THONIS THONIS0736.587.712
Shared directors
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
via · Director · deed of 23-03-2023
Founded in 2022 · total assets €4.0m (2025) · negative equity
via · Director · deed of 23-03-2023
Founded in 2022 · total assets €3.7m (2025) · negative equity
via · Director (not named in the articles) · deed of 08-09-2022
Founded in 2005 · total assets €12.7m (2025)
via · Director (not named in the articles) · deed of 19-12-2023
Founded in 2003 · total assets €4.7m (2025)
Show 10 more companies with a shared director
via · Director (not named in the articles) · deed of 10-03-2022
Founded in 2011 · total assets €3.2m (2025)
via · Director · deed of 27-10-2022
Founded in 2022 · total assets €2.7m (2025)
via · Director (not named in the articles) · deed of 01-07-2019
Founded in 2019 · total assets €2.1m (2025)
via · Director (not named in the articles) · deed of 20-12-2023
Founded in 2006 · total assets €2.1m (2025)
via · Director (not named in the articles) · deed of 18-12-2023
Founded in 2006 · total assets €1.3m (2025)
via · Director · deed of 25-03-2026
Founded in 2010 · total assets €1.1m (2025)
via · Director · deed of 14-04-2025
Founded in 2025 · total assets €405,413 (2025)
via · Director (not named in the articles) · deed of 03-10-2023
Founded in 2002 · total assets €276,994 (2025)
via · Director (not named in the articles) · deed of 22-02-2024
Founded in 2024 · total assets €114,930 (2025)
via · Director (not named in the articles) · deed of 27-12-2023
Founded in 2010 · total assets €57,859 (2025)

Timeline

Timeline

11 events since 2019

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBabbreviated format · 44 days before the deadline
2025
Weakest financial year net -€8,353 The net result drops to -€8,353, the lowest from 2020 to 2025.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0736587712
Annual accounts 2024 filed PDFabbreviated format · 42 days before the deadline
2024
Annual accounts 2023 filed PDFabbreviated format · 44 days before the deadline
2023
Annual accounts 2022 filed PDFabbreviated format · 40 days before the deadline
2022
Annual accounts 2021 filed PDFabbreviated format · 28 days before the deadline
2021
Back to profit net €357 The net result is €357, after one loss-making year.
Annual accounts 2020 filed PDFabbreviated format · 31 days before the deadline
2019
IncorporationFounding capital of €10,000, 100 shares · Founders: , and · Appointments: (class A director), (class A director), (class B director) and (class C director) · published on 23-10-201915 points ▸
  • Founder,
  • Founder,
  • Founder,
  • Founding capital, €10,000, 100 shares
  • 100 shares
  • Registered office clause, Kempische Kaai 75 bus 0.01, 3500 Hasselt
  • Board rule, 4
  • Director appointment, (class A director)
  • Permanent representative,
  • Director appointment, (class A director)
  • Permanent representative,
  • Director appointment, (class B director)
  • Director appointment, (class C director)
  • Permanent representative,
  • Power of attorney, , mentioned twice in the deed
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

First establishment Kempische Kaai 75, Hasselt

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 21 October 2019, THONIS was incorporated as a private limited company by , and , with a starting capital of €10,000.12 Of the 4 current board members, 4 have served since 2019.3 Total assets went from €2.2m in 2020 to €7.0m in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 23-10-2019
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2020 and 2025

Company details

Identity

Enterprise number
0736.587.712
VAT number
BE 0736.587.712
Peppol ID
0208:0736587712
Legal form
Private limited company
Status
Active, normal situation
Founded
21-10-2019
Financial year
ends on 31 December
Peppol
Reachable since 15-10-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
THONIS in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 23-10-2019 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 23-10-2019 (in Dutch)

Activities

NACEBEL 2025
Codes under NACEBEL 2008
41101 Real estate development main activity
70210 Activities of head offices; management consultancy activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“De verwerving en het aanhouden voor eigen rekening van participaties, onder welke vorm het ook zij, in de oprichting, ontwikkeling…”
11 activities
  1. De verwerving en het aanhouden voor eigen rekening van participaties, onder welke vorm het ook zij, in de oprichting, ontwikkeling, omvorming en controle van om het even welke ondernemingen, Belgische of buitenlandse, commerciële, industriële of andere vennootschappen. Zij kan deze participaties beheren, te gelde maken en valoriseren, onder meer door deel te nemen aan het bestuur van de ondernemingen waarin zij participeert.
  2. Aangaande onroerende goederen: de verwerving, de vervreemding, het in leasing geven en nemen, het beheer, de uitbating, de valorisatie, de verkaveling, de ordening, de huur en de verhuur, het doen bouwen en het verbouwen, het nemen en afstaan van optierechten terzake het kopen ervan, het uitgeven van vastgoedcertificaten; BEVAK’s of soortgelijke beleggingsinstrumenten en uitvoeren van expertises, het verlenen en verwerven van vruchtgebruik, van rechten van opstal, en erfpacht en alle andere bestaande zakelijke rechten.
  3. Het huren en verhuren, de aankoop en verkoop van roerende goederen.
  4. Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren. In dit kader mag de vennootschap zich tevens borgstellen en onroerende goederen in pand geven of hypothekeren voor verbintenissen door derde personen aangegaan. Zij mag eveneens al haar goederen, met inbegrip van het handelsfonds, in pand geven en aval verlenen in het voordeel van derden. Zij mag tevens alle financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan depositobanken, houders van deposito’s op korte termijn, spaarkassen, hypotheekmaatschappijen en kapitalisatie-ondernemingen.
  5. Het verlenen aan de ondernemingen waarin zij deelnemen en aan derden, al dan niet bezoldigd, van alle bijstand, hetzij technisch, industrieel, commercieel of administratief, hetzij op het vlak van algemeen beheer of financieel. Het waarnemen van alle bestuursopdrachten, het uitoefenen van mandaten en functies welke rechtstreeks of onrechtstreeks met haar voorwerp verband houden, het voeren van het dagelijks management van vennootschappen.
  6. Het optreden als tussenpersoon bij onderhandelingen door gehele of gedeeltelijke overname van aandelen: in de meest ruime betekenis het deelnemen aan emissieverrichtingen van aandelen en vastrentende waarden door intekening, waarborgplaatsing, verhandeling, of anderszins, alsmede het verwezenlijken door intekening van om het even welke verrichtingen inzake portefeuille- of kapitaalbeheer.
  7. De verwerving voor eigen rekening van eender welke titels, rechten, onderschrijving, intekening, waarborg, koop, aankoop-optie, verhandeling, of op iedere andere wijze.
  8. Het beheer van beleggingen en vermogens voor eigen rekening.
  9. Tussenpersoon in de handel als makelaar in goederen, als zelfstandige handelsvertegenwoordiger en als commissionair.
  10. Het optreden als vereffenaar of bestuurder in andere vennootschappen.
  11. De groot en kleinhandel, de invoer van vloeibare koolwaterstoffen bestemd voor het voortbewegen van motorvoertuigen op de openbare weg en de verhuur van installaties voor de uitvoering van deze activiteiten.
deed of 23-10-2019 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Kempische Kaai 75 registered office 3500 Hasselt 21-10-2019 2.295.684.548

Buildings and parcels at the address

Ground area
7,392 m²
Buildings
1,703 m²
Volume, LiDAR
33,467 m³
Tallest building
23.4 m
Buildings to scale, each on its own parcel
1,703 m², 23.4 m 1,703 m², 23.4 m

Location

registered office establishment The establishment unit on the map
29 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
71327G0279/00Z0027,392 m² 1 · 1,703 m² 23.4 m · 6

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 0736.587.712