THORN
ActiveSummary
THORN has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €317,027 and a net result of €149,203. Equity has been shrinking by about 4.5% per year since 2018. Its solvency ranks better than 65% of 56 sector peers (NACE 03, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 12-10-2004 Normal situation
- Activity
- Fishing and aquaculture NACE 03110
- Joint committee
- 143 Paritair Comité voor de zeevisserij · annual accounts 2025
- Establishment unit
- 2.204.276.696 8301 Knokke-Heist, since 01-06-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Board and ownership
- Witgeers NicoleDirector · since 01-02-2021
- Krijger LeendertDirector · since 26-04-2021
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €514,349
- ▲ 84.8%
- Turnover
- ≈ €1.2m
- estimated
- Profit
- €149,203
- Equity
- €317,027
- ▼ 0.1%
- Total assets
- €562,538
- ▲ 43.9%
- Staff
- 3.8 FTE
- ▲ 5.6%
- 2025 accounts filed 46 days after the deadline
Score breakdownraises riskLast filed accounts filed 46 days late; 2 of the last 3 accounts latelowers riskLiquidity: current ratio 1.72, cash €402,833Equity €317,027 (56.4% of total assets)Founded in 2004Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 03, micro). It does better than 63% of them on solvency, 80% on liquidity, 97% on profitability and 57% 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).
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Signals
The company filed its last 7 accounts on average 31 days after the deadline. In the sector (NACE 03), the median for financial year 2024 was 10 days after the deadline, and 55% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as THORN: fishing and aquaculture (NACE 03110). They are comparable in size and age: total assets between €763,000 and €1.2m, founded between 1989 and 2007.
| Company | Total assets | Gross margin |
|---|---|---|
| THORN Knokke-Heist | €0.6m | €0.5m |
| SEMPER - CONFIDENS Knokke-Heist | €0.8m | €0.7m |
| TERRY Zuienkerke | €0.8m | €0.5m |
| CAROLINE Knokke-Heist | €1.0m | €0.5m |
| LUCIEN DESMIT Oostende | €0.8m | €0.6m |
| CHRISTOPH Kapellen | €0.8m | €0.4m |
| REDERIJ VAN MAERLANT Knokke-Heist | €1.2m | €0.5m |
Key facts about THORN
- What is the company number of THORN?
- The company number of THORN is 0867.765.364. The VAT number is the same number with BE in front: BE 0867.765.364.
- Where is THORN based?
- The registered office is at Zonnebloemstraat 26, 8301 Knokke-Heist.Company details
- What does THORN do?
- According to the KBO register, the main activity is fishing and aquaculture (NACE 03110).
- What is the legal form of THORN?
- The legal form of THORN is Private limited company (pre-2019) (BVBA).
- When was THORN founded?
- THORN was founded on 12-10-2004.
- Is THORN still active?
- Yes, THORN is an active enterprise in the KBO register.
- How many employees does THORN have?
- THORN had an average of 3.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does THORN fall under?
- In its 2025 annual accounts, THORN states joint committee 143 (Paritair Comité voor de zeevisserij).
- What is the turnover of THORN?
- The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €514,349 and 2,281 comparable companies of the same size. It probably lies between €730,000 and €2.1m. It is a rough estimate.
- Is THORN profitable?
- In financial year 2025, THORN made a profit of €149,203.
- Where can I find the annual accounts of THORN?
- THORN filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of THORN due?
- THORN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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