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Thorburn & Scott

Active
Private limited companyfounded 20241 yr activeWinningenstraat 22, 3730 Bilzen-Hoeselt, BelgiumKBO/BCE: BE 1017.286.312
Summary

Thorburn & Scott has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,496 and a net result of €6,486. Its solvency ranks better than 69% of 7814 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes
Profitability100
Solvency96
Growth-
Track record67
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 3.62; short-term debt: 27.6% and cash: 0% of total assets), and 28.9% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
71.1%
Return on assets
40.1%
Age of the figures
9 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 17-08-2026, 17 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 · 1 filing
Deviation from the deadline
2025
17 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Thorburn & Scott was incorporated on 12 December 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€11,496
Total assets
€16,168
Net result
€6,486
Working capital
€11,698

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €16,168
Equity €11,496
Debt €4,673
Debt finances 28.9% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
3.62
Debt to equity
0.41
ROE
56.4%
ROA
40.1%
Debt ≤ 1 year
€4,470
Income taxes
€1,630

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 11,279 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 29 lines
Balance sheet Code2025
Assets
Total assets20/58€16,168
Current assets29/58€16,168
Amounts receivable within one year40/41€16,165
Trade receivables40€2,014
Other amounts receivable41€14,151
Cash at bank and in hand54/58€3
Equity and liabilities
Total equity and liabilities10/49€16,168
Equity10/15€11,496
Contributions10/11€5,010
Profit (loss) carried forward14€6,486
Amounts payable17/49€4,673
Amounts payable within one year42/48€4,470
Trade debts44€1,894
Suppliers440/4€1,894
Taxes, remuneration and social security45€2,576
Taxes450/3€2,576
Accrued charges and deferred income492/3€203
Income statement Code2025
Other operating charges640/8€1,247
Gross operating margin9900€8,944
Operating profit (loss)9901€7,697
Financial income75/76B€457
Recurring financial income75€457
Financial charges65/66B€39
Recurring financial charges65€39
Profit (loss) for the period before taxes9903€8,116
Income taxes67/77€1,630
Profit (loss) for the period9904€6,486
Profit (loss) for the period to be appropriated9905€6,486
Appropriation of the result
Profit (loss) to be appropriated9906€6,486

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€1,247
Gross operating margin9900€8,944
Operating profit (loss)9901€7,697
Financial income75/76B€457
Recurring financial income75€457
Financial charges65/66B€39
Recurring financial charges65€39
Profit (loss) for the period before taxes9903€8,116
Income taxes67/77€1,630
Profit (loss) for the period9904€6,486
Profit (loss) for the period to be appropriated9905€6,486
Line2025
Assets
Total assets20/58€16,168
Current assets29/58€16,168
Amounts receivable within one year40/41€16,165
Trade receivables40€2,014
Other amounts receivable41€14,151
Cash at bank and in hand54/58€3
Equity and liabilities
Total equity and liabilities10/49€16,168
Equity10/15€11,496
Contributions10/11€5,010
Profit (loss) carried forward14€6,486
Amounts payable17/49€4,673
Amounts payable within one year42/48€4,470
Trade debts44€1,894
Suppliers440/4€1,894
Taxes, remuneration and social security45€2,576
Taxes450/3€2,576
Accrued charges and deferred income492/3€203
Line2025
Profit (loss) for the period9904€6,486
Operating cash flow (approximation)€6,486

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
17-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bilzen-Hoeselt · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1.1 ha
Building footprint
1,651 m²
Volume, LiDAR
13,110 m³
Parcel 73032I0455/00K000, Flanders · tallest building 17.1 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Thorburn & Scott
Winningenstraat 22, 3730 Bilzen-HoeseltReal estate development
since 20242.370.221.427
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73032I0455/00K000
ProtectedMonument · Townscape or village viewHoeve Hof ter PoortenSource ↗
Flanders 1.1 ha 1 · 1,651 m² 17.1 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Similar companies · same sector, comparable size

Of 24,517 companies in sector 82990 we hold annual accounts for 9,415. 4,801 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded12-12-2024
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
68121Development of residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
68204Real estate activities
70200Business and other management consultancy
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID 0208:1017286312
Also 9925:BE1017286312
Registered 24-02-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.