Equity
€983,636 ▼ 4.7%
THOREM paid out €350,000 in dividends. That is 116% of the 2025 profit.
THOREM
Lifetime
16 annual accounts with figures on one time axispeak €766,361 (2024)
€709,195▼ 7.5%
lowest -€130,662 (2013)
€301,427▼ 24.8%
peak €1.0m (2024)
€983,636▼ 4.7%
€683,364▲ 84.5%
peak 1.8 FTE (2025)
1.8 FTE▲ 20.0%
Board5 names since 2009
2 directors and 1 other
Documentsfilings and deeds
29-04-202693 days before the deadline
2025abbreviated format
Staff from 1.5 FTE to 1.8 FTE2 directors appointed, 3 resignations 09-12Dividend €350,000Debts from €370,425 to €683,364
Key points
from the 2025 annual accountsDebts
€683,364 ▲ 84.5%
Debts rose by €312,940 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Staff
2 employees on 31-12-2025
In 2025, 2 people joined and 1 left.
Liquidity
1.67 was 3.96 in 2024
Short-term debts rose from €198,279 to €599,835.
Filings
16 annual accounts since 2010
The last five annual accounts were filed 76 to 139 days before the end of the period.
Board
2 joined · 3 left
Board changed. Latest change 01-12-2025 · 2 in office.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,691 companies had the same profile as THOREM has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,331 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.
| 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 34,691 companies, not a prediction for THOREM. 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
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
Board and ownership
Daily manager,
Director, , since 01-12-2025
- 100%equity €274,738 (2026) · 31-03-2026 annual accounts of
Recent changes
Algemene Vergadering
General meeting of 21-01-2026 · Gazette deed
2 directors appointed, 3 resignations
Resignations: , and · Appointments: (day-to-day manager) and · Permanent representatives: and · General meeting of 01-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0820742635
Registered office moved from Kortrijk to Wevelgem
New registered office: Pijplap 132, bus C, 8560 Wevelgem · Previous registered office: Meensesteenweg 161, 8501 Kortrijk · Board meeting of 15-10-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| THOREM Wevelgem | €1.7m | €0.7m | 59.0% | 1.8 |
| WYNS NV Heist-op-den-Berg | €1.9m | €0.3m | 62.9% | 3 |
| VERBEECK. M. PLASTICS Olen | €1.7m | €0.4m | 66.7% | 2.8 |
| D F PLASTIQUE Farciennes | €1.0m | €0.6m | 33.1% | 8.3 |
| U PLASTICS Dilsen-Stokkem | €4.2m | €2.1m | 48.4% | 5 |
| PEROLO DISTRIBUTION Tournai | €2.3m | €0.8m | 15.5% | - |
| WEISS & WEISS MOLDING TECHNOLOGY Eupen | €2.6m | €0.7m | 1.1% | 9 |
These companies have the same main activity as THOREM: manufacture of rubber and plastic products (NACE 22210). They are comparable in size and age: total assets between €1m and €4.2m, founded between 2000 and 2015.
Official details
Source: KBO- Status
- Active since 17-11-2009Normal situation
- Activity
- Manufacture of rubber and plastic productsNACE 22210and 3 others
- Joint committee
- 116Chemical industry · annual accounts 2025
- Establishment unit
- 2.183.051.3168560 Wevelgem, since 20-11-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 19-06-2025
Annual accounts 2025
- ≈ €1.7mestimated
- €1.7m▲ 18.8%
- Employeeson 31-12-2025
- 2▲ 100%
- Filing
- Filed on 29-04-2026, 93 days before the end of the filing period
Insights on THOREM
THOREM files the abbreviated format. That format states no turnover. The gross margin rose from €8,832 in 2010 to €709,195 in 2025.
The balance sheet grew most from 2023 to 2025 through fixed assets.
holds all the shares. In December 2025, three directors stepped down.
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 THOREM
- What is the company number of THOREM?
- The company number of THOREM is 0820.742.635. The VAT number is the same number with BE in front: BE 0820.742.635.
- Where is THOREM based?
- The registered office is at Pijplap 132, 8560 Wevelgem.Company details
- What does THOREM do?
- According to the KBO register, the main activity is manufacture of rubber and plastic products (NACE 22210).
- What is the legal form of THOREM?
- THOREM is a private limited company (BV).
- When was THOREM founded?
- THOREM was founded on 17-11-2009.
- Is THOREM still active?
- Yes, THOREM is an active enterprise in the KBO register.
- How many employees does THOREM have?
- THOREM had an average of 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does THOREM fall under?
- In its 2025 annual accounts, THOREM states joint committee 116 (Chemical industry).
- What is the turnover of THOREM?
- The turnover in financial year 2025 is ≈ €1.7m. This figure is estimated from the gross margin of €709,195 and 2,274 comparable companies of the same size. It probably lies between €1.0m and €2.8m. It is a rough estimate.
- Is THOREM profitable?
- In financial year 2025, THOREM made a profit of €301,427.
- Where can I find the annual accounts of THOREM?
- THOREM filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of THOREM due?
- THOREM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.