THOVIN has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €33.46M and a net result of €321k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 95% of 4602 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
36 d early
2022
39 d early
2021
40 d early
2020
39 d early
2019
38 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€392k▼ 4.0%
2023 · €409k
2018: €414k
2019: €407k
2020: €395k
2021: €407k
2022: €407k
2023: €409k
2018 → 2024
EBIT margin
28.5%▼ 2.0pp
2023 · 30.5%
2018: 11.3%
2019: 7.3%
2020: 6.3%
2021: 4.7%
2022: 18.1%
2023: 30.5%
2018 → 2024
Net result
€321k▼ 7.9%
2023 · €348k
2018: €356k
2019: €2.56M
2020: €1.47M
2021: €115k
2022: €275k
2023: €348k
2018 → 2024
Working capital
€8.05M▲ 10.0%
2023 · €7.32M
2018: €5.19M
2019: €7.71M
2020: €6.45M
2021: €7.35M
2022: €7.63M
2023: €7.32M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€395k-€407k▲ 3.0%€407k▲ 0.1%€409k▲ 0.5%€392k▼ 4.0%
Equity€32.40M-€32.52M▲ 0.4%€32.79M▲ 0.8%€33.14M▲ 1.1%€33.46M▲ 1.0%
Operating result€25k-€19k▼ 23.0%€74k▲ 285%€125k▲ 68.9%€112k▼ 10.2%
Net result€1.47M-€115k▼ 92.2%€275k▲ 139%€348k▲ 26.7%€321k▼ 7.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 10% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €33.50M
Fixed assets
€25.42M▼ 1.6%
Current assets
€8.08M▲ 10.3%
Equity and liabilities €33.50M
Equity
€33.46M▲ 1.0%
Debt
€39k▲ 257%
The debt ratio rises from 0.0% to 0.1%. Equity and debt are higher.
Key figures and ratios
Solvency
99.9%▼
2023 · 100.0%
ROE
1.0%▼
2023 · 1.1%
ROA
1.0%▼
2023 · 1.1%
Debt
€39k▲
2023 · €11k
Debt ≤ 1 year
€33k▲
2023 · €8k
Income taxes
€109k▲
2023 · €86k
Staff costs
€69k▼
2023 · €76k
A ratio outside any meaningful range has been withheld (balance sheet total €33.50M, equity €33.46M).
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€33.15M€33.50M▲
Fixed assets21/28€25.82M€25.42M▼
Tangible fixed assets22/27€6k€0▼
Furniture and vehicles24€6k€0▼
Financial fixed assets28€25.82M€25.42M▼
Affiliated companies280/1€25.82M€25.42M▼
Participating interests280€20.43M€20.43M=
Amounts receivable281€5.39M€4.99M▼
Current assets29/58€7.33M€8.08M▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€184k€113k▼
Trade receivables40€127k€110k▼
Other amounts receivable41€57k€3k▼
Current investments50/53€4.71M€6.79M▲
Other investments51/53€4.71M€6.79M▲
Cash at bank and in hand54/58€2.30M€1.02M▼
Deferred charges and accrued income490/1€134k€155k▲
Equity and liabilities
Total equity and liabilities10/49€33.15M€33.50M▲
Equity10/15€33.14M€33.46M▲
Contributions10/11€20.45M€20.45M=
Reserves13€12.10M€12.40M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€12.10M€12.40M▲
Profit (loss) carried forward14€593k€613k▲
Amounts payable17/49€11k€39k▲
Amounts payable within one year42/48€8k€33k▲
Trade debts44€112€9k▲
Suppliers440/4€112€9k▲
Taxes, remuneration and social security45€7k€23k▲
Taxes450/3€3k€15k▲
Remuneration and social security454/9€4k€8k▲
Other amounts payable47/48€1k€1k=
Accrued charges and deferred income492/3€3k€6k▲
Income statement
Code20232024
Operating income70/76A€415k€394k▼
Turnover70€409k€392k▼
Other operating income74€6k€2k▼
Operating charges60/66A€290k€282k▼
Services and other goods61€202k€204k▲
Remuneration, social security and pensions62€76k€69k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€6k▼
Other operating charges640/8€2k€2k▼
Operating profit (loss)9901€125k€112k▼
Financial income75/76B€311k€319k▲
Recurring financial income75€311k€319k▲
Income from financial fixed assets750€98k€0▼
Income from current assets751€213k€319k▲
Financial charges65/66B€1k€897▼
Recurring financial charges65€1k€897▼
Other financial charges652/9€1k€897▼
Profit (loss) for the period before taxes9903€435k€430k▼
Income taxes67/77€86k€109k▲
Taxes670/3€86k€109k▲
Profit (loss) for the period9904€348k€321k▼
Profit (loss) for the period to be appropriated9905€348k€321k▼
Appropriation of the result
Profit (loss) to be appropriated9906€893k€913k▲
Profit (loss) brought forward from the previous period14P€544k€593k▲
Transfer to equity691/2€300k€300k=
To other reserves6921€300k€300k=
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (34 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity times 5current ratio 914.38
Current ratio from 196.29 to 914.38; short-term debt falls from €39k to €8k.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €115k ▼92.2%
Net result drops to €115k, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Highest result since 2018net €2.56M ▲620%
Net result €2.56M, the highest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Diksmuide · 1 establishment unit since 2011
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.
Kleine Dries(D) 128600 DiksmuideGround area
2.1 ha
Building footprint
676 m²
Volume, LiDAR
3,310 m³
Parcel 32472B0601/00D000, Flanders · tallest building 8.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
THOVIN
since 20112.199.967.324
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32472B0601/00D000 | Flanders | 2.1 ha | 1 · 676 m² | 8.1 m · 1 fl. |
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.
Recognitions · licences · registrations
Legal Entity Identifier
984500FDP57E56CY9719
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 2,702 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-06-2011
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.