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THOSA

Active
Public limited companyfounded 199432 yrs activeStaatsbaan 117, 9991 Maldegem, BelgiumKBO/BCE: BE 0452.554.884
Summary

For THOSA, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €330,785 and a net result of -€44,060. Equity is shrinking by ~11.8% per year across the filed fiscal years. The company has been active since 1994 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability12=
Solvency65▼-8
Growth32=
Track record92
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022
Solvency, return and age of the figures
Solvency
40.4%
Return on assets
-5.4%
Age of the figures
45 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 32 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 11-07-2023, 20 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
20 d early
2021
145 d late
2020
510 d late
2019
875 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 378 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Strikeout withdrawn

History

THOSA was incorporated on 15 April 1994.1 Total assets fell from EUR 1 million in 2018 to EUR 819,183 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022

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Financials · fiscal year 2022, micro schema

Equity
€330,785▼ 11.8%
2021 · €374,845
Total assets
€819,183▲ 4.0%
2021 · €787,772
Net result
-€44,060▲ 1.2%
2021 · -€44,613
Working capital
€287,646▼ 10.7%
2021 · €322,277
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022
Operating result€380,854--€58,791-€73,697▼ 25.4%-€44,408▲ 39.7%-€45,002▼ 1.3%
Net result€277,071--€55,420-€71,298▼ 28.7%-€44,613▲ 37.4%-€44,060▲ 1.2%
Equity€546,177-€490,757▼ 10.1%€419,459▼ 14.5%€374,845▼ 10.6%€330,785▼ 11.8%
Total assets€1.0m-€978,181▼ 3.4%€736,568▼ 24.7%€787,772▲ 7.0%€819,183▲ 4.0%
Debt€466,247-€487,424▲ 4.5%€317,109▼ 34.9%€412,926▲ 30.2%€488,398▲ 18.3%
Working capital€563,872-€510,252▼ 9.5%€355,466▼ 30.3%€322,277▼ 9.3%€287,646▼ 10.7%
Staff (FTE)2.2-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€200,000€0€200,000€400,000Operating result 2018: €380,854€380,854Net result 2018: €277,071€277,071Operating result 2019: -€58,791-€58,791Net result 2019: -€55,420-€55,420Operating result 2020: -€73,697-€73,697Net result 2020: -€71,298-€71,298Operating result 2021: -€44,408-€44,408Net result 2021: -€44,613-€44,613Operating result 2022: -€45,002-€45,002Net result 2022: -€44,060-€44,06020182019202020212022-€80,000-€60,000-€40,000-€20,000€0Operating result 2020: -€73,697-€73,700Net result 2020: -€71,298-€71,300Operating result 2021: -€44,408-€44,400Net result 2021: -€44,613-€44,600Operating result 2022: -€45,002-€45,000Net result 2022: -€44,060-€44,100202020212022
The operating result stays negative: a loss of €45,002 in 2022 against €44,408 in 2021; the loss grows.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €819,183
Fixed assets €70,390 ▼ 9.2%
Current assets €748,794 ▲ 5.4%
Equity and liabilities €819,183
Equity €330,785 ▼ 11.8%
Debt €488,398 ▲ 18.3%
Debt's share of the balance-sheet total rises from 52.4% to 59.6%. Equity is lower and debt is higher.
Key figures and ratios
2022 value · change against 2021
EBITDA
-€37,902▼
2021 · -€36,155
Cash flow
-€36,960▼
2021 · -€36,361
Current ratio
1.62▼
2021 · 1.83
Debt to equity
1.48▲
2021 · 1.10
ROE
-13.3%▼
2021 · -11.9%
ROA
-5.4%▲
2021 · -5.7%
Interest coverage
-130.36▲
2021 · -175.84
Debt ≤ 1 year
€461,148▲
2021 · €388,005
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 44 lines
Balance sheet Code20212022
Assets
Total assets20/58€787,772€819,183▲
Fixed assets21/28€77,490€70,390▼
Tangible fixed assets22/27€77,490€70,390▼
Land and buildings22€77,490€70,390▼
Current assets29/58€710,282€748,794▲
Amounts receivable after more than one year29-€302,000
Other amounts receivable291-€302,000
Amounts receivable within one year40/41€334,315€391,370▲
Trade receivables40€5,084€5,885▲
Other amounts receivable41€329,231€385,485▲
Cash at bank and in hand54/58€375,967€52,838▼
Deferred charges and accrued income490/1-€2,585
Equity and liabilities
Total equity and liabilities10/49€787,772€819,183▲
Equity10/15€374,845€330,785▼
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€330,082€330,082=
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Distributable reserves133€323,882€323,882=
Profit (loss) carried forward14-€17,237-€61,296▼
Amounts payable17/49€412,926€488,398▲
Amounts payable within one year42/48€388,005€461,148▲
Trade debts44€590€1,860▲
Suppliers440/4€590€1,860▲
Taxes, remuneration and social security45€1,726-
Taxes450/3€750-
Remuneration and social security454/9€976-
Other amounts payable47/48€385,688€459,287▲
Accrued charges and deferred income492/3€24,922€27,250▲
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,253€7,100▼
Other operating charges640/8€2,010€1,951▼
Gross operating margin9900-€34,145-€35,951▼
Operating profit (loss)9901-€44,408-€45,002▼
Financial income75/76B-€1,233
Recurring financial income75-€1,233
Financial charges65/66B€206€291▲
Recurring financial charges65€206€291▲
Profit (loss) for the period before taxes9903-€44,613-€44,060▲
Profit (loss) for the period9904-€44,613-€44,060▲
Profit (loss) for the period to be appropriated9905-€44,613-€44,060▲
Appropriation of the result
Profit (loss) to be appropriated9906-€17,237-€61,296▼
Profit (loss) brought forward from the previous period14P€27,377-€17,237▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Non-recurring operating income76A€103,336-----
Remuneration, social security and pensions62€84,484-€49----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€151,469€14,218€12,995€8,253€7,100▼ 14.0%
Other operating charges640/8€2,630€2,668€1,804€2,010€1,951▼ 3.0%
Gross operating margin9900€619,436-€41,954-€58,898-€34,145-€35,951▼ 5.3%
Operating profit (loss)9901€380,854-€58,791-€73,697-€44,408-€45,002▼ 1.3%
Financial income75/76B€3,931€5,391€4,585-€1,233-
Recurring financial income75€3,931€5,391€4,585-€1,233-
Financial charges65/66B€2,483€1,952€2,186€206€291▲ 41.4%
Recurring financial charges65€2,483€1,952€2,186€206€291▲ 41.4%
Profit (loss) for the period before taxes9903€382,302-€55,352-€71,298-€44,613-€44,060▲ 1.2%
Income taxes67/77€105,231€68----
Profit (loss) for the period9904€277,071-€55,420-€71,298-€44,613-€44,060▲ 1.2%
Profit (loss) for the period to be appropriated9905€277,071-€55,420-€71,298-€44,613-€44,060▲ 1.2%
Line20182019202020212022Change
Assets
Total assets20/58€1.0m€978,181€736,568€787,772€819,183▲ 4.0%
Fixed assets21/28€114,655€98,737€85,742€77,490€70,390▼ 9.2%
Tangible fixed assets22/27€112,955€98,737€85,742€77,490€70,390▼ 9.2%
Land and buildings22€111,731€98,737€85,742€77,490€70,390▼ 9.2%
Furniture and vehicles24€1,224-----
Financial fixed assets28€1,700-----
Current assets29/58€897,768€879,444€650,826€710,282€748,794▲ 5.4%
Amounts receivable after more than one year29----€302,000-
Other amounts receivable291----€302,000-
Amounts receivable within one year40/41€218,515€276,243€314,682€334,315€391,370▲ 17.1%
Trade receivables40€842€4,114€5,084€5,084€5,885▲ 15.8%
Other amounts receivable41€217,673€272,129€309,598€329,231€385,485▲ 17.1%
Cash at bank and in hand54/58€678,815€603,201€336,143€375,967€52,838▼ 85.9%
Deferred charges and accrued income490/1€438---€2,585-
Equity and liabilities
Total equity and liabilities10/49€1.0m€978,181€736,568€787,772€819,183▲ 4.0%
Equity10/15€546,177€490,757€419,459€374,845€330,785▼ 11.8%
Contributions10/11€62,000€62,000€62,000€62,000€62,000=
Capital10€62,000€62,000€62,000€62,000€62,000=
Issued capital100€62,000€62,000€62,000€62,000€62,000=
Reserves13€330,082€330,082€330,082€330,082€330,082=
Non-distributable reserves130/1€6,200€6,200€6,200€6,200€6,200=
Legal reserve130€6,200€6,200€6,200€6,200€6,200=
Distributable reserves133€323,882€323,882€323,882€323,882€323,882=
Profit (loss) carried forward14€154,095€98,675€27,377-€17,237-€61,296▼ 256%
Amounts payable17/49€466,247€487,424€317,109€412,926€488,398▲ 18.3%
Amounts payable after more than one year17€121,151€100,982----
Financial debts170/4€121,151€100,982----
Amounts payable within one year42/48€333,896€369,192€295,359€388,005€461,148▲ 18.9%
Current portion of amounts payable after more than one year42€19,904€20,169----
Trade debts44€18,550€2,352€230€590€1,860▲ 215%
Suppliers440/4€18,550€2,352€230€590€1,860▲ 215%
Taxes, remuneration and social security45€107,702€106,544€250€1,726--
Taxes450/3€105,750€105,568€250€750--
Remuneration and social security454/9€1,952€976-€976--
Other amounts payable47/48€187,740€240,128€294,879€385,688€459,287▲ 19.1%
Accrued charges and deferred income492/3€11,200€17,250€21,750€24,922€27,250▲ 9.3%
Line20182019202020212022Change
Profit (loss) for the period9904€277,071-€55,420-€71,298-€44,613-€44,060▲ 1.2%
+ Depreciation and write-downs630€151,469€14,218€12,995€8,253€7,100▼ 14.0%
Operating cash flow (approximation)€428,540-€41,202-€58,304-€36,361-€36,960▼ 1.6%
Investment in fixed assets (approximation)-€1,700€0€0€0-
Change in cash--€75,614-€267,058€39,824-€323,129▼ 911%

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

2023
11-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
09-01
KBO administration Strikeout withdrawn
event 23-12-2022
2022
23-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 145 days late
23-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 510 days late
23-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 875 days late
23-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 1241 days late
23-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 1606 days late
2020
31-12
Financial Weakest financial yearnet -€71,298
Net result drops to -€71,298, the lowest in the series; recovery starts the following year.
2018
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 396 days late
2017
31-01
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 184 days late
2016
20-04
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 264 days late
20-04
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 629 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
6 acts for this company are 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, Maldegem · 1 establishment unit since 1994
seat establishment The establishment unit on the map
Ground area
3,630 m²
Building footprint
477 m²
Volume, LiDAR
2,099 m³
Parcel 43001A0743/00P000, Flanders · tallest building 9.0 m, ±1 floor. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Staatsbaan 117, 9991 Maldegem
Air transport
since 19942.067.917.561
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43001A0743/00P000 Flanders 3,630 m² 1 · 477 m² 9.0 m · 1 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.

Identification & contact

Identification
Legal formPublic limited company
Founded15-04-1994
Fiscal year end31-12
Trade name NL Kantoor Van Landschoot
Contact
Phone 09/357.57.67Maldegem
E-invoicing
Not found in the Peppol register

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Register as of 28 September 2026 · Peppol Directory

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