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THOR

Active Non-profit associationfounded 1988active for 38 yearsSint-Jooststraat 49, 1210 Saint-Josse-ten-NoodeKBO/BCE: BE 0448.371.117 #5 oldest company in Saint-Josse-ten-Noode, Arts, sports and recreation sector

Lifetime

6 annual accounts with figures on one time axis
peak €382,357 (2010)
€225,380 
lowest -€21,825 (2010)
€14,236 
peak €52,759 (2025)
€52,759 
€61,552 
peak 9.1 FTE (2010)
-not published
Board14 names since 2018all names
6 directors and 5 others
Documentsfilings and deeds
08-09-202639 days late
2025micro format
Withdrawal: (member) 26-11No annual accounts filed for 2011 to 2024

Key points

from the 2025 annual accounts

Turnover

≈ €560,000 estimated

The micro format states no turnover.

Filings

6 annual accounts 4 late
AprilJune31 JulyOctober2010201520202025

The 2025 accounts came latest: 39 days after the end of the period.

Public support

€1.8m paid from 2023 to 2025
202320242025

Wallonia-Brussels support, mostly Conventions et contrats programmes indexés dans le domaine des arts vivants.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,386 companies had the same profile as THOR has now. Each dot stands for 79 companies, two years later.

93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • 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.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 31,386 companies, not a prediction for THOR. 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

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

Signals

Board and ownership

Daily manager
Daily manager
Director
Director
Director
Auditor
and 3 othersBoard & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0448371117
Withdrawal: (member) Resignation: (director) · Director discharge: (day-to-day manager) · General meeting of 12-11-2025 · Gazette deed
3 directors appointed, 2 resignations Resignations: and · Appointments: , and · General meeting of 11-10-2024 · Gazette deed
Reappointment: (company auditor) General meeting of 29-05-2024 · Gazette deed
All 21 events

Comparable companies

same main activity, similar in size and age
Company
THOR Saint-Josse-ten-Noode €114,311 €225,380 46.2% -
Behoud De Begeerte Antwerp €114,676 €270,905 37.1% 3.6
BROCOLI THEATRE Saint-Josse-ten-Noode €75,641 €229,027 11.0% -
FOLIOSCOPE Brussels €163,938 €343,561 10.2% -
De Nieuwe Tijd Antwerp €149,955 €199,732 46.8% 2.4
4Hoog Productiehuis Ghent €121,785 €192,392 33.0% -
JEUNESSES MUSICALES DU LUXEMBOURG BELGE Tintigny €127,958 €393,911 20.6% -

These companies have the same main activity as THOR: performing arts by artistic ensembles (NACE 90202). They are comparable in size and age: total assets between €75,600 and €164,000, founded between 1979 and 1996.

Official details

Source: KBO
Status
Active since 10-06-1988Normal situation
Registered office
10 active companies are registered at this addressSource: KBO register, as of 14 November 2026.
Activity
Performing arts by artistic ensemblesNACE 90202
Establishment unit
2.159.253.3551210 Saint-Josse-ten-Noode, since 10-06-1988
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€114,311
Filing
Filed on 08-09-2026
Financials

Insights on THOR

THOR files the micro format. That format states no turnover. The gross margin fell from €303,668 in 2007 to €225,380 in 2025.

In July 2022, the Official Gazette published the appointment of as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about THOR

What is the company number of THOR?
The company number of THOR is 0448.371.117. The VAT number is the same number with BE in front: BE 0448.371.117.
Where is THOR based?
The registered office is at Sint-Jooststraat 49, 1210 Saint-Josse-ten-Noode.Company details
What does THOR do?
According to the KBO register, the main activity is performing arts by artistic ensembles (NACE 90202).
What is the legal form of THOR?
THOR is a non-profit association (VZW).
When was THOR founded?
THOR was founded on 10-06-1988.
Is THOR still active?
Yes, THOR is an active enterprise in the KBO register.
What is the turnover of THOR?
The turnover in financial year 2025 is ≈ €560,000. This figure is estimated from the gross margin of €225,380 and 2,459 comparable companies of the same size. It probably lies between €370,000 and €870,000. It is a rough estimate.Financials
Is THOR profitable?
In financial year 2025, THOR made a profit of €14,236.
Where can I find the annual accounts of THOR?
THOR filed 6 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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