THOR - CONTROL
ActiveTHOR - CONTROL has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €869k and a net result of €214k. Equity is growing by ~45.2% per year across the filed fiscal years. Its solvency ranks better than 75% of 1977 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 3.75 against 3.33 in 2024), and 30.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.3%
Return on assets
17.1%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 · 10 filingsDeviation from the deadline
2025
3 d late
2024
49 d early
2023
16 d early
2022
23 d late
2021
17 d late
2020
1 d early
2019
24 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€869k▲ 32.7%
2024 · €654k
2018: €19k
2019: €25k
2020: €117k
2021: €201k
2022: €346k
2023: €473k
2024: €654k
2018 → 2025
Total assets
€1.25M▲ 35.4%
2024 · €926k
2018: €151k
2019: €231k
2020: €330k
2021: €533k
2022: €729k
2023: €700k
2024: €926k
2018 → 2025
Net result
€214k▲ 17.8%
2024 · €182k
2018: €-10k
2019: €6k
2020: €93k
2021: €84k
2022: €145k
2023: €126k
2024: €182k
2018 → 2025
Working capital
€830k▲ 31.9%
2024 · €629k
2018: €492
2019: €11k
2020: €105k
2021: €184k
2022: €341k
2023: €456k
2024: €629k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€201k-€346k▲ 72.2%€473k▲ 36.4%€654k▲ 38.4%€869k▲ 32.7%
Operating result€121k-€204k▲ 68.2%€179k▼ 12.3%€248k▲ 39.1%€294k▲ 18.4%
Net result€84k-€145k▲ 73.3%€126k▼ 13.1%€182k▲ 44.0%€214k▲ 17.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 18% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.25M
Fixed assets
€123k▲ 342%
Current assets
€1.13M▲ 25.9%
Equity and liabilities €1.25M
Equity
€869k▲ 32.7%
Debt
€386k▲ 41.8%
The debt ratio rises from 29.4% to 30.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€318k▲
2024 · €261k
Cash flow
€238k▲
2024 · €194k
Solvency
69.3%▼
2024 · 70.6%
Current ratio
3.75▲
2024 · 3.33
Quick ratio
3.75▲
2024 · 3.33
Debt / equity
0.44▲
2024 · 0.42
ROE
24.7%▼
2024 · 27.8%
ROA
17.1%▼
2024 · 19.6%
Interest coverage
118.24▼
2024 · 471.56
Debt
€386k▲
2024 · €272k
Debt ≤ 1 year
€302k▲
2024 · €270k
Debt > 1 year
€84k▲
2024 · €2k
Income taxes
€77k▲
2024 · €68k
Staff costs
€761k▲
2024 · €648k
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€926k€1.25M▲
Fixed assets21/28€28k€123k▲
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€26k€121k▲
Furniture and vehicles24€26k€121k▲
Financial fixed assets28€0-
Current assets29/58€899k€1.13M▲
Amounts receivable within one year40/41€647k€734k▲
Trade receivables40€647k€734k▲
Other amounts receivable41-€173
Cash at bank and in hand54/58€252k€391k▲
Deferred charges and accrued income490/1€0€7k▲
Equity and liabilities
Total equity and liabilities10/49€926k€1.25M▲
Equity10/15€654k€869k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€633k€847k▲
Amounts payable17/49€272k€386k▲
Amounts payable after more than one year17€2k€84k▲
Financial debts170/4€2k€84k▲
Amounts payable within one year42/48€270k€302k▲
Current portion of amounts payable after more than one year42€8k€25k▲
Trade debts44€109k€85k▼
Suppliers440/4€109k€85k▼
Taxes, remuneration and social security45€149k€192k▲
Taxes450/3€59k€77k▲
Remuneration and social security454/9€89k€115k▲
Other amounts payable47/48€3k€0▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€648k€761k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€24k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€9k€1k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€920k€1.08M▲
Operating profit (loss)9901€248k€294k▲
Financial income75/76B€2k€6▼
Recurring financial income75€53€6▼
Non-recurring financial income76B€2k€0▼
Financial charges65/66B€552€3k▲
Recurring financial charges65€552€3k▲
Profit (loss) for the period before taxes9903€250k€292k▲
Income taxes67/77€68k€77k▲
Profit (loss) for the period9904€182k€214k▲
Profit (loss) for the period to be appropriated9905€182k€214k▲
Appropriation of the result
Profit (loss) to be appropriated9906€633k€847k▲
Profit (loss) brought forward from the previous period14P€451k€633k▲
Social balance
Average headcount (FTE)90879.09.8▲
The notes to these accounts (14 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
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 3 days late
2025
31-12
Financial
Highest result since 2018net €214k ▲17.8%
Operating result €294k, net result €214k, both a record.
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €500kEq €654k ▲38.4%
6 profitable years in a row build equity to €654k.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 23 days late
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 17 days late
2021
31-12
Financial
Equity above €200kEq €201k ▲71.5%
3 profitable years in a row build equity to €201k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €100kEq €117k ▲373%
2 profitable years in a row build equity to €117k.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2025
NV D'AUSSY
CurrentDirector · since 01-01-2025 · Legal entity · perm. rep.: Stephan d'Aussy
01-01-2025
NV D'AUSSY: Appointed as Director
01-01-2025
Stephan d'Aussy: Resigned as Director
Location & real-estate footprint
Registered office, Torhout · 1 establishment unit since 1981
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.
Ambachtstraat 278820 TorhoutGround area
2.8 ha
Building footprint
4,512 m²
Volume, LiDAR
18,961 m³
2 parcels, Flanders · tallest building 25.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
THOR CONTROL
since 19812.018.609.590
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31522B0427/00L000 | Flanders | 2.0 ha | 1 · 2,082 m² | 9.3 m |
| 31522B0333/00R000 | Flanders | 7,756 m² | 1 · 2,429 m² | 25.1 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.
Similar companies · same sector, comparable size
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BE 0454.603.168
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BE 0474.944.167
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MARTENS CUVE SERVICES
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BLUE GUIDE EMC LAB
BE 0882.166.104
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ATENAS BELGIUM
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Flobecq · Eq €854k
Of 2,136 companies in sector 71209 we hold annual accounts for 1,079. 596 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-02-1981
Fiscal year end31-12
Activities, NACEBEL
71209Other technical testing and analysis
74302
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 44 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.