THOR
ActiveSummary
THOR has been active since 1982 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €100,002 and a net result of €23,931. Equity has been shrinking by about 13% per year since 2018. Its solvency ranks better than 78% of 1,240 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 01-01-1982 Normal situation
- Activity
- Forging of metal NACE 25401and 1 other
- Joint committees
- 111 Paritair Comité voor de metaal-, machine- en elektrische bouw
- 209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 2023
- Establishment unit
- 2.020.072.510 9100 Sint-Niklaas, since 01-01-1982
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- Hugo Van OsselaerDirector
- NEW MOTORECO BEHEER100%· score 932025 annual accounts of NEW MOTORECO BEHEER
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €42,632
- ▲ 65.7%
- Turnover
- ≈ €150,000
- estimated
- Profit
- €23,931
- ▲ 97.5%
- Equity
- €100,002
- ▼ 10.0%
- Total assets
- €140,096
- ▼ 4.7%
Score breakdownraises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskFounded in 1982Liquidity: current ratio 0.68, cash €26,620Equity €100,002 (71.4% of total assets)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 25, micro). It does better than 76% of them on solvency, 62% on liquidity, 80% on profitability and 22% on growth.
The bankruptcy probability was computed on 02-11-2026 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
The company filed its last 7 accounts on average 43 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Change of role: Hugo Van Osselaer, from manager to statutory director
Comparable companies
These companies have the same main activity as THOR: forging of metal (NACE 25401). They are comparable in size and age: total assets between €73,500 and €220,000, founded between 1975 and 1998.
| Company | Total assets | Gross margin |
|---|---|---|
| THOR Sint-Niklaas | €140,096 | €42,632 |
| SMEDERIJ DENOLF Zwevegem | €174,174 | €45,892 |
| EGAL Bree | €84,003 | €28,677 |
| ART METAL SERVICES Zoersel | €133,665 | €67,172 |
| RASSART & FILS La Louvière | €219,543 | €73,153 |
| R.O.D.B. Laswerken en Metaalconstructies Lint | €73,452 | €33,459 |
| INOX CONCEPT La Louvière | €91,159 | €47,897 |
Key facts about THOR
- What is the company number of THOR?
- The company number of THOR is 0422.395.111. The VAT number is the same number with BE in front: BE 0422.395.111.
- Where is THOR based?
- The registered office is at Europark-Oost 13, 9100 Sint-Niklaas.Company details
- What does THOR do?
- According to the KBO register, the main activity is forging of metal (NACE 25401).
- What is the legal form of THOR?
- The legal form of THOR is Private limited company (BV).
- When was THOR founded?
- THOR was founded on 01-01-1982.
- Is THOR still active?
- Yes, THOR is an active enterprise in the KBO register.
- How many employees does THOR have?
- THOR had an average of 1.9 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
- Which joint committee does THOR fall under?
- In its 2023 annual accounts, THOR states joint committees 111 (Paritair Comité voor de metaal-, machine- en elektrische bouw) and 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid).
- What is the turnover of THOR?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €42,632 and 1,225 comparable companies of the same size. It probably lies between €81,000 and €290,000. It is a rough estimate. In financial year 2018 turnover was €189,794.
- Is THOR profitable?
- In financial year 2025, THOR made a profit of €23,931.
- Where can I find the annual accounts of THOR?
- THOR filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of THOR due?
- THOR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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