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THOR - CONTROL

Active
Private limited companyfounded 1981active for 45 yearsAmbachtstraat 27, 8820 Torhout, BelgiumKBO/BCE: BE 0421.457.773
Summary

THOR - CONTROL has been active since 1981 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €868,559 and a net result of €214,128. Equity has been growing by about 45% per year since 2018. Its solvency ranks better than 75% of 2,559 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 24-02-1981 Normal situation
Activity
Other technical testing and analysis NACE 71209and 2 others
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
100 Aanvullend Paritair Comité voor de werklieden · annual accounts 2025
Establishment unit
2.018.609.590 8820 Torhout, since 24-03-1981
Financial year end
31 December
Peppol
Reachable since 24-10-2025

Board and ownership

Board

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€1.1m
▲ 17.6%
Turnover
≈ €1.9m
estimated
Profit
€214,128
▲ 17.8%
Equity
€868,559
▲ 32.7%
Total assets
€1.3m
▲ 35.4%
Employees on 31-12-2025
13
▲ 30.0%
  • 2025 accounts filed 3 days after the deadline
Score breakdownlowers riskLiquidity: current ratio 3.75, cash €390,514Founded in 1981Equity €868,559 (69.3% of total assets)Profit of €214,128 (financial year 2025)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 69% of micro companies in architecture and engineering (NACE 71)
Financial strength · tick: 2024
Strong
Solvency 94-2
equity 69.3% of total assets
Liquidity 80+8
short-term debt 24.1% · cash 31.1%
Profitability 90-3
return on assets 17.1%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (14,824 companies, NACE 71, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025highest value 07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €80,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.75 (3.33 in 2024), above the usual 1.5. Short-term debt is 24.1% and cash 31.1% of total assets. 30.7% of the assets are financed with debt and provisions.
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 71, micro). It does better than 68% of them on solvency, 69% on liquidity, 64% on profitability and 75% on growth.

The bankruptcy probability was computed on 03-11-2026 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).

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

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 3.75, cash €390,514
NBB · annual accounts
lowers risk · Founded in 1981
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €868,559 (69.3% of total assets)
NBB · annual accounts
lowers risk · Profit of €214,128 (financial year 2025)
NBB · annual accounts
raises risk · 2025 accounts filed 3 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
3 days late
2024
49 days early
2023
16 days early
2022
23 days late
2021
17 days late
2020
1 day early
2019
24 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 7 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 3 August (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

Financials

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 3 days after the deadline Filed on 3 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00380973.

Annual accounts 2025 filed on 03-08-2026 at the NBB all 44 filings

Turnover
≈ €1.9m
Estimated: probably between €1.3m and €3.1m
Total assets
€1.3m▲ 35.4%
2024 · €926,471
Net result
€214,128▲ 17.8%
2024 · €181,727
Working capital
€829,798▲ 31.9%
2024 · €629,130
Multi-year overview
2018 to 2025, 8 financial years
Operating result
€294,268
▲ 18.4% 2025
20182025
Net result
€214,128
▲ 17.8% 2025
highest quarter of the sector
20182025
Equity
€868,559
▲ 32.7% 2025
highest quarter of the sector
20182025
Total assets
€1.3m
▲ 35.4% 2025
middle half of the sector
20182025
Debt
€385,649
▲ 41.8% 2025
20182025
Working capital
€829,798
▲ 31.9% 2025
highest quarter of the sector
20182025
Solvency
69.3%
▼ 1.4pp 2025
middle half of the sector
20182025
Current ratio
3.75
▲ 0.42 2025
highest quarter of the sector
20182025
Return on assets (ROA)
17.1%
▼ 2.5pp 2025
middle half of the sector
20182025
Staff (FTE)
9.8
▲ 8.9% 2025
highest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€0.007m-€0.01m€0.1m▲ 11×€0.1m▼ 7.9%€0.2m▲ 68.2%€0.2m▼ 12.3%€0.2m▲ 39.1%€0.3m▲ 18.4%
Net result-€0.01m-€0.006m€0.09mwithin the sector's middle half▲ 16×€0.08mwithin the sector's middle half▼ 9.4%€0.1mabove the sector's middle half▲ 73.3%€0.1mwithin the sector's middle half▼ 13.1%€0.2mabove the sector's middle half▲ 44.0%€0.2mabove the sector's middle half▲ 17.8%
Equity€0.02m-€0.02m▲ 30.5%€0.1mwithin the sector's middle half▲ 373%€0.2mwithin the sector's middle half▲ 71.5%€0.3mwithin the sector's middle half▲ 72.2%€0.5mwithin the sector's middle half▲ 36.4%€0.7mwithin the sector's middle half▲ 38.4%€0.9mabove the sector's middle half▲ 32.7%
Total assets€0.2m-€0.2m▲ 53.1%€0.3mwithin the sector's middle half▲ 42.5%€0.5mwithin the sector's middle half▲ 61.5%€0.7mwithin the sector's middle half▲ 37.0%€0.7mwithin the sector's middle half▼ 4.0%€0.9mwithin the sector's middle half▲ 32.3%€1.3mwithin the sector's middle half▲ 35.4%
Debt€0.1m-€0.2m▲ 56.3%€0.2m▲ 2.8%€0.3m▲ 56.0%€0.4m▲ 15.5%€0.2m▼ 40.6%€0.3m▲ 19.6%€0.4m▲ 41.8%
Working capital€492-€0.01m▲ 23×€0.1mwithin the sector's middle half▲ 827%€0.2mwithin the sector's middle half▲ 75.4%€0.3mwithin the sector's middle half▲ 85.5%€0.5mwithin the sector's middle half▲ 33.7%€0.6mabove the sector's middle half▲ 38.1%€0.8mabove the sector's middle half▲ 31.9%
Solvency12.6%-10.7%▼ 1.9pp35.6%within the sector's middle half▲ 24.9pp37.8%within the sector's middle half▲ 2.2pp47.5%within the sector's middle half▲ 9.7pp67.5%within the sector's middle half▲ 20.0pp70.6%above the sector's middle half▲ 3.1pp69.3%within the sector's middle half▼ 1.4pp
Current ratio1.00-1.06▲ 0.051.53within the sector's middle half▲ 0.471.63within the sector's middle half▲ 0.111.98within the sector's middle half▲ 0.353.13within the sector's middle half▲ 1.153.33above the sector's middle half▲ 0.203.75above the sector's middle half▲ 0.42
Return on assets (ROA)-6.6%-2.5%▲ 9.1pp28.1%above the sector's middle half▲ 25.6pp15.7%above the sector's middle half▼ 12.3pp19.9%above the sector's middle half▲ 4.2pp18.0%above the sector's middle half▼ 1.9pp19.6%above the sector's middle half▲ 1.6pp17.1%within the sector's middle half▼ 2.5pp
Staff (FTE)3.3-3.5▲ 6.1%4.9within the sector's middle half▲ 40.0%6.9within the sector's middle half▲ 40.8%6.8within the sector's middle half▼ 1.4%7.7within the sector's middle half▲ 13.2%9above the sector's middle half▲ 16.9%9.8above the sector's middle half▲ 8.9%
above within below The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 18% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets €122,768 ▲ 342%
Current assets €1.1m ▲ 25.9%
Equity and liabilities €1.3m
Equity €868,559 ▲ 32.7%
Debt €385,649 ▲ 41.8%
Debt's share of the balance-sheet total rises from 29.4% to 30.7%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€317,773▲
2024 · €260,511
Cash flow
€237,634▲
2024 · €193,758
Debt to equity
0.44▲
2024 · 0.42
ROE
24.7%▼
2024 · 27.8%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€301,641▲
2024 · €269,567
Debt > 1 year
€84,008▲
2024 · €2,474
Income taxes
€77,458▲
2024 · €68,237
Staff costs
€761,382▲
2024 · €648,026
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202431-12-2025
Employees at the balance-sheet date771013
full-time66810
part-time1123
in full-time equivalents6.86.89.412.1
Average over the year, in full-time equivalents6.96.899.8
On a permanent contract771013
Joined2-25
Left2-12
Training hours30-144110

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€47,100--€11,658€118,498
Intangible fixed assets--€2,500--
Depreciation and write-downs of the year€14,291€17,752€13,397€12,031€23,505

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2022 to 2025 · 4 entries · €10,127 awarded · €10,322 paid
Year Entries AwardedPaid
2025 1 €867€948
2024 1 €6,868€6,787
2023 1 €860€1,055
2022 1 €1,532€1,532
Schemes
4 entries · €10,127 · €10,322 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€0.9m€1.3m▲
Fixed assets21/28€0.03m€0.1m▲
Intangible fixed assets21€0.002m€0.001m▼
Tangible fixed assets22/27€0.03m€0.1m▲
Furniture and vehicles24€0.03m€0.1m▲
Financial fixed assets28€0-
Current assets29/58€0.9m€1.1m▲
Amounts receivable within one year40/41€0.6m€0.7m▲
Trade receivables40€0.6m€0.7m▲
Other amounts receivable41-€173
Cash at bank and in hand54/58€0.3m€0.4m▲
Deferred charges and accrued income490/1€0€0.007m▲
Equity and liabilities
Total equity and liabilities10/49€0.9m€1.3m▲
Equity10/15€0.7m€0.9m▲
Contributions10/11€0.02m€0.02m=
Reserves13€0.002m€0.002m=
Distributable reserves133€0.002m€0.002m=
Profit (loss) carried forward14€0.6m€0.8m▲
Amounts payable17/49€0.3m€0.4m▲
Amounts payable after more than one year17€0.002m€0.08m▲
Financial debts170/4€0.002m€0.08m▲
Amounts payable within one year42/48€0.3m€0.3m▲
Current portion of amounts payable after more than one year42€0.008m€0.02m▲
Trade debts44€0.1m€0.08m▼
Suppliers440/4€0.1m€0.08m▼
Taxes, remuneration and social security45€0.1m€0.2m▲
Taxes450/3€0.06m€0.08m▲
Remuneration and social security454/9€0.09m€0.1m▲
Other amounts payable47/48€0.003m€0▼
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Remuneration, social security and pensions62€0.6m€0.8m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.01m€0.02m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.009m€0.001m▼
Other operating charges640/8€0.002m€0.002m▼
Gross operating margin9900€0.9m€1.1m▲
Operating profit (loss)9901€0.2m€0.3m▲
Financial income75/76B€0.002m€6▼
Recurring financial income75€53€6▼
Non-recurring financial income76B€0.002m€0▼
Financial charges65/66B€0.001m€0.003m▲
Recurring financial charges65€0.001m€0.003m▲
Profit (loss) for the period before taxes9903€0.2m€0.3m▲
Income taxes67/77€0.07m€0.08m▲
Profit (loss) for the period9904€0.2m€0.2m▲
Profit (loss) for the period to be appropriated9905€0.2m€0.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.6m€0.8m▲
Profit (loss) brought forward from the previous period14P€0.5m€0.6m▲
Social balance sheet
Average headcount (FTE)90879.09.8▲

The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 03-08-2026.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€0.5m€0.5m€0.6m€0.6m€0.8m▲ 17.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.005m€0.007m€0.008m€0.01m€0.02m€0.01m€0.01m€0.02m▲ 95.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€0--€0.009m€0.001m▼ 86.2%
Other operating charges640/8---€0.002m€0.002m€0.001m€0.002m€0.002m▼ 23.2%
Gross operating margin9900€0.1m€0.2m€0.4m€0.6m€0.7m€0.8m€0.9m€1.1m▲ 17.6%
Operating profit (loss)9901-€0.007m€0.01m€0.1m€0.1m€0.2m€0.2m€0.2m€0.3m▲ 18.4%
Financial income75/76B----€15€0.001m€0.002m€6▼ 99.7%
Recurring financial income75€36€453€0-€15€0.001m€53€6▼ 87.9%
Non-recurring financial income76B------€0.002m€0▼ 100%
Financial charges65/66B---€0.005m€0.004m€0.004m€0.001m€0.003m▲ 386%
Recurring financial charges65€0.003m€0.004m€0.004m€0.005m€0.004m€0.004m€0.001m€0.003m▲ 386%
Profit (loss) for the period before taxes9903-€0.01m€0.008m€0.1m€0.1m€0.2m€0.2m€0.2m€0.3m▲ 16.7%
Income taxes67/77€6€0.002m€0.04m€0.03m€0.05m€0.05m€0.07m€0.08m▲ 13.5%
Profit (loss) for the period9904-€0.01m€0.006m€0.09m€0.08m€0.1m€0.1m€0.2m€0.2m▲ 17.8%
Profit (loss) for the period to be appropriated9905-€0.01m€0.006m€0.09m€0.08m€0.1m€0.1m€0.2m€0.2m▲ 17.8%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€0.2m€0.2m€0.3m€0.5m€0.7m€0.7m€0.9m€1.3m▲ 35.4%
Fixed assets21/28€0.03m€0.03m€0.03m€0.06m€0.04m€0.03m€0.03m€0.1m▲ 342%
Intangible fixed assets21€0.008m€0.006m€0.004m€0.002m€0€0.002m€0.002m€0.001m▼ 27.3%
Tangible fixed assets22/27€0.02m€0.02m€0.02m€0.06m€0.04m€0.03m€0.03m€0.1m▲ 368%
Furniture and vehicles24---€0.06m€0.04m€0.03m€0.03m€0.1m▲ 368%
Financial fixed assets28€0.003m€0.003m€0.003m€0.003m€0.003m€0.003m€0--
Current assets29/58€0.1m€0.2m€0.3m€0.5m€0.7m€0.7m€0.9m€1.1m▲ 25.9%
Amounts receivable within one year40/41€0.1m€0.1m€0.3m€0.5m€0.6m€0.6m€0.6m€0.7m▲ 13.5%
Trade receivables40---€0.4m€0.6m€0.6m€0.6m€0.7m▲ 13.5%
Other amounts receivable41---€0.001m€0.001m€0-€173-
Cash at bank and in hand54/58€0.02m€0.06m€0.007m€0.02m€0.08m€0.03m€0.3m€0.4m▲ 55.2%
Deferred charges and accrued income490/1---€0.003m€0.01m€0.002m€0€0.007m-
Equity and liabilities
Total equity and liabilities10/49€0.2m€0.2m€0.3m€0.5m€0.7m€0.7m€0.9m€1.3m▲ 35.4%
Equity10/15€0.02m€0.02m€0.1m€0.2m€0.3m€0.5m€0.7m€0.9m▲ 32.7%
Contributions10/11€0.02m€0.02m-€0.02m€0.02m€0.02m€0.02m€0.02m=
Reserves13€0.002m€0.002m€0.002m€0.002m€0.002m€0.002m€0.002m€0.002m=
Non-distributable reserves130/1---€0.002m€0.002m€0---
Reserves not available under the articles1311---€0.002m€0.002m€0---
Distributable reserves133-----€0.002m€0.002m€0.002m=
Profit (loss) carried forward14-€0.002m€0.003m€0.1m€0.2m€0.3m€0.5m€0.6m€0.8m▲ 33.8%
Amounts payable17/49€0.1m€0.2m€0.2m€0.3m€0.4m€0.2m€0.3m€0.4m▲ 41.8%
Amounts payable after more than one year17€0.01m€0.008m€0.005m€0.03m€0.02m€0.01m€0.002m€0.08m▲ 34×
Financial debts170/4---€0.03m€0.02m€0.01m€0.002m€0.08m▲ 34×
Amounts payable within one year42/48€0.1m€0.2m€0.2m€0.3m€0.3m€0.2m€0.3m€0.3m▲ 11.9%
Current portion of amounts payable after more than one year42---€0.01m€0.009m€0.008m€0.008m€0.02m▲ 200%
Financial debts43---€0.05m€0.04m€0---
Credit institutions430/8---€0.05m€0.04m€0---
Trade debts44€0.05m€0.01m€0.02m€0.01m€0.05m€0.06m€0.1m€0.08m▼ 22.5%
Suppliers440/4---€0.01m€0.05m€0.06m€0.1m€0.08m▼ 22.5%
Advances received on contracts in progress46---€0-----
Taxes, remuneration and social security45---€0.1m€0.1m€0.1m€0.1m€0.2m▲ 29.0%
Taxes450/3---€0.06m€0.08m€0.07m€0.06m€0.08m▲ 29.5%
Remuneration and social security454/9---€0.06m€0.06m€0.08m€0.09m€0.1m▲ 28.6%
Other amounts payable47/48---€0.1m€0.1m€0€0.003m€0▼ 100%
Accrued charges and deferred income492/3---€0.01m€0.02m€0.003m€0--
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€9,947€5,795€92,543€83,836€145,315€126,224€181,727€214,128▲ 17.8%
+ Depreciation and write-downs630€5,288€7,289€8,146€14,291€17,752€13,397€12,031€23,505▲ 95.4%
Operating cash flow (approximation)-€4,659€13,084€100,689€98,126€163,067€139,621€193,758€237,634▲ 22.6%
Investment in fixed assets (approximation)--€2,262-€7,030-€47,100€0-€2,500-€9,002-€118,498▼ 1,216%
Change in cash-€40,065-€50,518€12,703€55,775-€46,009€222,039€138,851▼ 37.5%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 31,368 companies had the same profile as THOR - CONTROL has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
93.5% was still going
5.9% stopped otherwise
0.5% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of THOR - CONTROL itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 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 31,368 companies, not a prediction for THOR - CONTROL. 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.

Latest 10 of 44 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 03-08-2026 2026-00380973 PDF
31-12-2024 abbreviated format 12-06-2025 2025-00151072 PDF
31-12-2023 abbreviated format 15-07-2024 2024-00258415 PDF
31-12-2022 abbreviated format 23-08-2023 2023-00363417 PDF
31-12-2021 abbreviated format 17-08-2022 2022-20295814 PDF
31-12-2020 abbreviated format 30-07-2021 2021-45100268 PDF
31-12-2019 abbreviated format 07-07-2020 2020-27400219 PDF
31-12-2018 abbreviated format 29-08-2019 2019-56300307 PDF
31-12-2017 abbreviated format 18-06-2018 2018-19800152 PDF
31-12-2016 abbreviated format 19-06-2017 2017-19000558 PDF

Show all 44 filings

Board & ownership

Directors

Directors
2 directors, last change in 2025

Board 2

D'AUSSY
Director · appointed in the act of 07-07-2025 · term without a fixed end · Public limited company · permanent representative: Stephan d'Aussy · listed in the 2025 annual accounts, filed on 03-08-2026
Current
d’Aussy Stephan
Director (not named in the articles) · in office according to the act of 02-02-2023 · earlier manager, until 02-02-2023 · earlier director, until 01-01-2025 · term without a fixed end · listed in the 2025 annual accounts, filed on 03-08-2026
Current
Permanent representatives 1
Stephan d'Aussy
Permanent representative · appointed in the act of 07-07-2025 · also on the board of 1 other company · for D'AUSSY
Current

Owners and capital

Capital transactions

Capital over time
  1. 02-02-2023 Converted to unavailable equity · €21,304

Mandate history

2 people, 2 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
d’Aussy Stephan
  • Manager, until 02-02-2023
  • Director (not named in the articles), from before 02-02-2023 to 01-01-2025
  • Director (not named in the articles), since before 02-02-2023
D'AUSSY
  • Director, appointed in the act of 07-07-2025, still in office
See the board, name and registered office on a given date →

Network & group

Companies at the same address

1 other company

Connections & network

1 connected company
Depth

The connected companies are in the list below.

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
VAN DAMME
Shared corporate director
→

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
03-08
NBB filing Annual accounts 2025 filedNBB
abbreviated format · 3 days late
2025
31-12
Financial Highest result from 2018 to 2025net €214,128 ▲17.8%
The operating result of €294,268 and the net result of €214,128 are both a record.
07-07
Gazette deed 1 director appointed, 1 director resigning
Resignation: Stephan d'Aussy (director) · Appointment: NV D'AUSSY (director) · Permanent representative: Stephan d'Aussy5 points ▸
  • General meeting, 04-06-2025
  • Director resignation, Stephan d'Aussy (director)
  • Director appointment, NV D'AUSSY (director)
  • Permanent representative, Stephan d'Aussy
  • Other provision, “enige aandeelhouder, alle daden die als daden van bestuur kunnen worden gekwalificeerd” (deed in Dutch)

Open the act in the Belgian Official Gazette

12-06
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 49 days before the deadline
2024
31-12
Financial Equity above €500,000equity €654,430 ▲38.4%
After 6 profitable years in a row, equity reaches €654,430.
15-07
NBB filing Annual accounts 2023 filedPDF
abbreviated format · 16 days before the deadline
2023
23-08
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 23 days late
02-02
Gazette deed Resignation: d’Aussy Stephan (manager)
Reappointment: d’Aussy Stephan (director) · Purpose change · Amendment of the articles12 points ▸
  • General meeting, “8820 Torhout,Ambachtstraat 27, Thor-Control” (deed in Dutch)
  • Purpose change
  • Amendment of the articles, mentioned 2 times in the deed
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “vormen en meerderheden van statutenwijziging, opheffen statutair onbeschikbare eigen vermogensrekening en middelen beschikbaar maken voor uitkering” (deed in Dutch)
  • Capital
  • Director resignation, d’Aussy Stephan (manager)
  • Director reappointment, d’Aussy Stephan (director (not named in the articles))
  • Director discharge, d’Aussy Stephan (ontslagnemende zaakvoerder)
  • Registered office clause, “8820 Torhout, Ambachtstraat 27” (deed in Dutch)
  • Power of attorney
  • Power of attorney, Debbie Hebbelinck

Open the act in the Belgian Official Gazette

2022
17-08
NBB filing Annual accounts 2021 filedPDF
abbreviated format · 17 days late
2021
31-12
Financial Equity above €200,000equity €201,164 ▲71.5%
After 3 profitable years in a row, equity reaches €201,164.
30-07
NBB filing Annual accounts 2020 filedPDF
abbreviated format · 1 day before the deadline
2020
31-12
Financial Equity above €100,000equity €117,328 ▲373%
After 2 profitable years in a row, equity reaches €117,328.
Show earlier events
07-07
NBB filing Annual accounts 2019 filedPDF
abbreviated format · 24 days before the deadline
2019
31-12
Financial Back to profitnet €5,795
The net result is €5,795, after one loss-making year.
29-08
NBB filing Annual accounts 2018 filedPDF
abbreviated format · 29 days late
2018
18-06
NBB filing Annual accounts 2017 filedPDF
abbreviated format · 43 days before the deadline
2017
19-06
NBB filing Annual accounts 2016 filedPDF
abbreviated format · 42 days before the deadline
Financial milestoneGazette deedNBB filingFinancial 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 24 February 1981, THOR - CONTROL was incorporated.1 Total assets went from €151,147 in 2018 to €1.3m in 2025 and headcount from 3.3 to 9.8 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Register details

Identity

KBO record
Name THOR - CONTROL in Dutch
Enterprise number 0421.457.773
LEI code 894500DH0NC4U3WNM231 live in the LEI register
Legal form Private limited company
Status Active, normale toestand
Founded 24-02-1981
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 02-02-2023 (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, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of buitenland bij enkel besluit…”
deed of 02-02-2023 (in Dutch)

Registered office and establishments

Registered office Ambachtstraat 27, 8820 Torhout, Belgium
Establishment unit THOR CONTROL, Ambachtstraat zn, 8820 Torhout since 24-03-1981 · unit number 2.018.609.59073200 Market research and public opinion polling

Activities

NACEBEL 2025
VAT activities
71209 Other technical testing and analysis main activity
73200 Market research and public opinion polling
74999 Other professional, scientific and technical activities
Social security (RSZ) activities
74999 Other professional, scientific and technical activities main activity
Codes under NACEBEL 2008
VAT activities
71209 Other technical testing and analysis main activity
73200 Advertising, market research and public relations activities
74909 Other professional, scientific and technical activities
Social security (RSZ) activities
74909 Other professional, scientific and technical activities main activity
Codes under NACEBEL 2003
74302 main activity
Joint committees 200 Aanvullend Paritair Comité voor de bedienden
100 Aanvullend Paritair Comité voor de werklieden annual accounts 2025

Invoicing and payment

VAT number BE 0421.457.773
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0421457773
Other Peppol ID 9925:BE0421457773
Registered 24-10-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Saturday of May at 17:00
deed of 02-02-2023 (in Dutch)

Environmental permits

3 applications in Flanders since 2021 · 2 granted
Het reliëf van de bodem aanmerkelijk wijzigen
Granted on 16-07-2026submitted 07-08-2025authority: Provincie West-Vlaanderenproject 2025089500
Het reliëf van de bodem aanmerkelijk wijzigen; Hoogstammige bomen vellen die geen deel uitmaken van een bos
Discontinued on 13-01-2026submitted 16-08-2024authority: Provincie West-Vlaanderenproject 2024031710
Nieuwbouw of aanleggen
Granted on 25-06-2021submitted 28-01-2021authority: Kortemarkproject 2021013327

Source: Omgevingsloket Vlaanderen.

Sites & property

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

Buildings and parcels at the address

Ground area
7,756 m²
Building footprint
2,429 m²
Building volume
14,353 m³
Cadastral parcel Region Area Buildings Height / floors
31522B0333/00R000 Flanders 7,756 m² 1 · 2,429 m² 25.1 m · 2