THOSU
Open bankruptcyA bankruptcy procedure is open for THOSU according to publications in the Belgian State Gazette; curator: MARTINE DECHERF. The 2020 annual accounts show equity of €4k and a net result of €-59k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 23-07-2021, 8 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
8 d early
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, abbreviated schema
Turnover
€126k▲ 160%
2018 · €48k
2018: €48k
2018 → 2019
EBIT margin
1.9%▲ 3.6pp
2018 · -1.7%
2018: -1.7%
2018 → 2019
Net result
€-59k▼ 1,679%
2019 · €-3k
2018: €9k
2019: €-3k
2018 → 2020
Working capital
€-170k▼ 202%
2019 · €-56k
2018: €-123k
2019: €-56k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€48k-€126k▲ 160%
Equity€66k-€63k▼ 5.0%€4k▼ 93.8%
Operating result€-820-€2k€-57k
Net result€9k-€-3k€-59k▼ 1,679%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €57k after €2k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €269k
Fixed assets
€174k▲ 45.8%
Current assets
€95k▼ 50.7%
Equity and liabilities €269k
Equity
€4k▼ 93.8%
Debt
€265k▲ 6.5%
The debt ratio rises from 79.8% to 98.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-56k▼
2019 · €3k
Cash flow
€-58k▼
2019 · €-2k
Solvency
1.5%▼
2019 · 20.2%
Current ratio
0.36▼
2019 · 0.77
Quick ratio
0.36▼
2019 · 0.77
ROA
-22.0%▼
2019 · -1.1%
Debt
€265k▲
2019 · €248k
Debt ≤ 1 year
€265k▲
2019 · €248k
Income taxes
€638▲
2019 · €308
A ratio outside any meaningful range has been withheld (balance sheet total €269k, equity €4k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€311k€269k▼
Fixed assets21/28€119k€174k▲
Intangible fixed assets21€100k€113k▲
Tangible fixed assets22/27€19k€57k▲
Financial fixed assets28-€4k
Current assets29/58€192k€95k▼
Amounts receivable within one year40/41€12k€91k▲
Cash at bank and in hand54/58€149k€1k▼
Equity and liabilities
Total equity and liabilities10/49€311k€269k▼
Equity10/15€63k€4k▼
Contributions10/11€19k-
Reserves13€39k€39k=
Profit (loss) carried forward14€6k€-53k▼
Amounts payable17/49€248k€265k▲
Amounts payable within one year42/48€248k€265k▲
Trade debts44€36k€67k▲
Income statement
Code20192020
Turnover70€126k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Gross operating margin9900€23k€-42k▼
Operating profit (loss)9901€2k€-57k▼
Recurring financial income75€0€2k▲
Recurring financial charges65€5k€2k▼
Profit (loss) for the period before taxes9903€-3k€-58k▼
Income taxes67/77€308€638▲
Profit (loss) for the period9904€-3k€-59k▼
Profit (loss) for the period to be appropriated9905€-3k€-59k▼
Timeline · acts, filings and financial milestones
2022
11-01
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oostende · THOSU BV ZUIDSTRAAT 231, 8480 ICHTEGEM · event 06-01-2022
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-59k
Net result drops to €-59k, the lowest in the series.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Ichtegem · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Zuidstraat(FICH) 2318480 IchtegemGround area
5,709 m²
Building footprint
222 m²
Volume, LiDAR
44 m³
Parcel 35006D0707/00F000, Flanders · tallest building 2.1 m. Linked by address, not a title deed.
1 establishment unit
THOSU
since 20122.205.771.684
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35006D0707/00F000 | Flanders | 5,709 m² | 1 · 222 m² | 2.1 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MARTINE DECHERF KLOOSTERSTRAAT 22,
8820 TORHOUT |
06-01-2022 → present |
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 13,342 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded03-01-2012
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
64200Holdings
64210Activities of holding companies
70100Activities of head offices
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.